GRAND CANYON

Operated by MIDLAND OIL AND GAS, INC. (P-5 565589) in the BIG EASY (PALO PINTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27626District 7BField 07828275OilCasinghead gasSaveExport
Value, all time
$524 k
Jul 1995 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
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 11 leases and 23 wells, and the rule below applies to all of them.

Discovered
1995-07-19
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition26,843 bbl$493,822
Casinghead gasProduction24,968 Mcf$29,744
Total$523,566

12,629 Mcf of this lease's gas, across 18 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 (1)

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 32.4138, -99.6452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41376, -99.64515 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,700 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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

The one well that filed a depth was drilled to 4,700 ft.

Completions filed
Feb 2001
1 of 1 wells

1 well

42-4413372714,700 ftFeb 2001

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 (153)

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

153 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20001786931.875.19$6,031
Aug 200006429.644.54$291
Jul 200007528.534.09$307
Jun 20001824529.304.40$5,530
May 200006127.263.68$224
Apr 200003024.513.12$93
Mar 200005228.422.86$149
Feb 200004427.622.73$120
Jan 200005925.272.48$146
Dec 19991727824.282.42$4,365
Nov 199907023.192.43$170
Oct 199907420.982.80$207
Sep 199909621.752.62$251
Aug 199908819.262.88$253
Jul 199907517.892.37$178
Jun 19991677915.942.36$2,849
May 1999010315.792.32$239
Apr 199906815.102.21$150
Mar 199917513812.471.84$2,436
Feb 199902399.981.82$434
Jan 1999010110.381.90$192
Dec 19981702209.201.77$1,954
Nov 1998031110.892.19$680
Oct 199817020612.421.97$2,517
Sep 1998029212.592.08$608
Aug 199816725911.301.91$2,381
Jul 1998028511.742.24$638
Jun 199817029111.242.24$2,562
May 199816826312.622.21$2,700
Apr 199816921113.042.51$2,732
Mar 199817125512.802.31$2,778
Feb 199833920613.952.30$5,203
Jan 199816214414.702.15$2,692
Dec 19973457616.322.41$5,814
Nov 199716823518.193.09$3,782
Oct 199734422119.253.15$7,318
Sep 199734523217.742.95$6,806
Aug 199731318917.862.55$6,073
Jul 199784090417.582.25$16,798
Jun 199716690417.242.26$4,902
May 199767896618.972.31$15,092
Apr 199767194817.882.08$13,972
Mar 19976741,01918.951.94$14,748
Feb 199785695920.492.21$19,655
Jan 19976891,03523.483.54$19,841
Dec 19968681,27323.32$20,242
Nov 19967061,07021.97$15,511
Oct 199690489123.31$21,072
Sep 199669687122.22$15,465
Aug 199691793320.26$18,578
Jul 199671774519.55$14,017
Jun 199685693118.73$16,033
May 19961,06385719.43$20,654
Apr 199697259321.51$20,908
Mar 19961,06636219.38$20,659
Feb 19961,08041416.98$18,338
Jan 19961,10050617.07$18,777
Dec 19951,27646517.19$21,934
Nov 19951,07750416.00$17,232
Oct 19951,28063115.43$19,750
Sep 19951,26073016.18$20,387
Aug 19951,82384915.92$29,022
Jul 1995533415.24$8,123

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.

Sep 2000 — as filed, then multipliedworked
Oil                  178 bbl  × $ 31.87 =     $5,673
Casinghead gas        69 Mcf  × $  5.19 =       $358

────────────────────────────────────────────────────
Month total                                   $6,031

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/27626 is the state's own key, not one this site invented.