STANLEY

Operated by WALSH & WATTS, INC. (P-5 895060) in the STANLEY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2760District 7BField 85554001OilCasinghead gasSaveExport
Value, all time
$57 k
Jan 1993 – Feb 2002
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
110
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 8 leases and 13 wells, and the rule below applies to all of them.

Discovered
1949-09-29
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: N/

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition3,078 bbl$56,737
Casinghead gasProduction21 Mcf$0
Total$56,737

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.5930, -99.9915. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.59293, -99.99159 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,746 ft
3 wells filed one
Completion to plug
22.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 4,609 and 5,500 ft, median 4,746 ft, over the 3 wells that filed a depth.

Completions filed
Apr 1979
1 of 3 wells; 2 filed none
Plug dates filed
Jan 2002
3 of 3 wells

Last completion to plug: a median of 22.8 years across the 1 well that filed both dates, with the middle half between 22.8 years and 22.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-2530203364,746 ftJan 2002Yes
42-2538050614,609 ftJan 2002Yes
42-2533112575,500 ftApr 1979Jan 2002Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (110)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

110 months

Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 200124016.932.36$406
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200130024.262.25$728
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200130024.563.82$737
May 20010025.524.31$0
Apr 200126024.685.34$642
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 200025026.889.12$672
Nov 200020032.215.66$644
Oct 200019031.235.15$593
Sep 200019031.875.19$606
Aug 200019029.644.54$563
Jul 200019028.534.09$542
Jun 200020029.304.40$586
May 200020027.263.68$545
Apr 200019024.513.12$466
Mar 200088028.422.86$2,501
Feb 200044027.622.73$1,215
Jan 200087025.272.48$2,198
Dec 199946024.282.42$1,117
Nov 19990023.192.43$0
Oct 199929020.982.80$608
Sep 199929021.752.62$631
Aug 199926019.262.88$501
Jul 19990017.892.37$0
Jun 199928015.942.36$446
May 19990015.792.32$0
Apr 199950015.102.21$755
Mar 19990012.471.84$0
Feb 19992809.981.82$279
Jan 199930010.381.90$311
Dec 19985109.201.77$469
Nov 199829010.892.19$316
Oct 199850012.421.97$621
Sep 199849012.592.08$617
Aug 199850011.301.91$565
Jul 199848011.742.24$564
Jun 199842011.242.24$472
May 199843012.622.21$543
Apr 199841013.042.51$535
Mar 199843012.802.31$550
Feb 199844013.952.30$614
Jan 199844014.702.15$647
Dec 199756016.322.41$914
Nov 199744018.193.09$800
Oct 199744019.253.15$847
Sep 199748017.742.95$852
Aug 199734017.862.55$607
Jul 199786017.582.25$1,512
Jun 199771017.242.26$1,224
May 199742018.972.31$797
Apr 19970017.882.08$0
Mar 199744018.951.94$834
Feb 19970020.492.21$0
Jan 199772023.483.54$1,691
Dec 199685023.32$1,982
Nov 19960021.97$0
Oct 199685023.31$1,981
Sep 19960022.22$0
Aug 199685020.26$1,722
Jul 19960019.55$0
Jun 199642018.73$787
May 19960019.43$0
Apr 199629021.51$624
Mar 199629019.38$562
Feb 199629016.98$492
Jan 199629017.07$495
Dec 19950017.19$0
Nov 199529016.00$464
Oct 199529015.43$447
Sep 19950016.18$0
Aug 199532015.92$509
Jul 199531015.24$472
Jun 19950016.41$0
May 199531017.56$544
Apr 199531017.73$550
Mar 19950016.44$0
Feb 199531016.58$514
Jan 199531015.92$494
Dec 19940015.03$0
Nov 199431015.90$493
Oct 199432015.58$499
Sep 19940115.29$0
Aug 199448116.13$774
Jul 199445117.56$790
Jun 19940117.09$0
May 199440115.88$635
Apr 199427114.14$382
Mar 19940112.46$0
Feb 199428112.50$350
Jan 199428112.66$354
Dec 19930112.33$0
Nov 199329114.49$420
Oct 199327115.85$428
Sep 19930115.03$0
Aug 199328115.66$438
Jul 199328115.46$433
Jun 19930116.79$0
May 199327117.68$477
Apr 199350118.05$903
Mar 199350118.14$907
Feb 199352117.90$931
Jan 19930116.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Dec 2001 — as filed, then multipliedworked
Oil                   24 bbl  × $ 16.93 =       $406
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                     $406

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7B/O/2760 is the state's own key, not one this site invented.