LEE, JODIE

Name: LEE, JODIE lease production and value, Oct 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SAGE ENERGY COMPANY (P-5 743215) in the ASPERMONT, WEST (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27695District 7BField 04156500OilCasinghead gasSave Export

Value, all time

$755 k

Oct 1995 – Feb 2003

Value, last 12 filed months

$21 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The ASPERMONT, WEST (CANYON REEF) field

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 6 leases and 9 wells, and the rule below applies to all of them.

Discovered

1958-09-06

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.

Stream	Basis	Volume	Value
Oil	Disposition	39,840 bbl	$732,732
Casinghead gas	Production	12,349 Mcf	$22,642
Total			$755,375

4,615 Mcf of this lease's gas, across 14 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 33.0976, -100.2726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09756, -100.27258 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

5,238 ft

1 wells filed one

Completion to plug

7.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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

The one well that filed a depth was drilled to 5,238 ft.

Completions filed

Oct 1995

1 of 1 wells

Plug dates filed

Nov 2002

1 of 1 wells

Last completion to plug: a median of 7.1 years across the 1 well that filed both dates, with the middle half between 7.1 years and 7.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-43332983	1	5,238 ft	Oct 1995	Nov 2002	Yes

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 (89)

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

89 months


Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	104	2	26.46	4.23	$2,760
Sep 2002	0	29	27.44	3.64	$105
Aug 2002	178	41	25.96	3.16	$4,751
Jul 2002	178	31	24.58	3.06	$4,470
Jun 2002	0	30	23.73	3.34	$100
May 2002	169	56	24.66	3.58	$4,368
Apr 2002	175	14	23.65	3.51	$4,188
Mar 2002	0	17	22.00	3.10	$53
Feb 2002	0	14	18.22	2.38	$33
Jan 2002	178	23	17.17	2.38	$3,111
Dec 2001	175	34	16.93	2.36	$3,043
Nov 2001	0	27	18.07	2.41	$65
Oct 2001	178	26	19.78	2.53	$3,587
Sep 2001	157	44	24.26	2.25	$3,908
Aug 2001	171	45	24.87	3.05	$4,390
Jul 2001	172	96	23.93	3.20	$4,423
Jun 2001	0	106	24.56	3.82	$405
May 2001	335	87	25.52	4.31	$8,924
Apr 2001	163	107	24.68	5.34	$4,594
Mar 2001	166	108	24.54	5.38	$4,654
Feb 2001	183	42	27.75	5.77	$5,320
Jan 2001	177	73	27.47	8.40	$5,475
Dec 2000	0	35	26.88	9.12	$319
Nov 2000	189	119	32.21	5.66	$6,761
Oct 2000	177	141	31.23	5.15	$6,253
Sep 2000	182	143	31.87	5.19	$6,542
Aug 2000	177	92	29.64	4.54	$5,664
Jul 2000	177	99	28.53	4.09	$5,455
Jun 2000	168	83	29.30	4.40	$5,287
May 2000	165	95	27.26	3.68	$4,847
Apr 2000	351	65	24.51	3.12	$8,806
Mar 2000	181	59	28.42	2.86	$5,313
Feb 2000	176	131	27.62	2.73	$5,218
Jan 2000	365	33	25.27	2.48	$9,305
Dec 1999	181	33	24.28	2.42	$4,475
Nov 1999	177	120	23.19	2.43	$4,397
Oct 1999	184	100	20.98	2.80	$4,141
Sep 1999	188	117	21.75	2.62	$4,395
Aug 1999	377	139	19.26	2.88	$7,661
Jul 1999	181	90	17.89	2.37	$3,452
Jun 1999	353	70	15.94	2.36	$5,792
May 1999	364	31	15.79	2.32	$5,820
Apr 1999	181	48	15.10	2.21	$2,839
Mar 1999	367	120	12.47	1.84	$4,797
Feb 1999	188	50	9.98	1.82	$1,967
Jan 1999	361	86	10.38	1.90	$3,911
Dec 1998	363	47	9.20	1.77	$3,423
Nov 1998	370	75	10.89	2.19	$4,193
Oct 1998	360	76	12.42	1.97	$4,621
Sep 1998	361	126	12.59	2.08	$4,807
Aug 1998	562	142	11.30	1.91	$6,621
Jul 1998	357	193	11.74	2.24	$4,623
Jun 1998	367	218	11.24	2.24	$4,613
May 1998	550	187	12.62	2.21	$7,354
Apr 1998	369	183	13.04	2.51	$5,270
Mar 1998	553	77	12.80	2.31	$7,256
Feb 1998	369	111	13.95	2.30	$5,403
Jan 1998	732	124	14.70	2.15	$11,028
Dec 1997	363	113	16.32	2.41	$6,197
Nov 1997	720	58	18.19	3.09	$13,276
Oct 1997	552	426	19.25	3.15	$11,968
Sep 1997	706	280	17.74	2.95	$13,352
Aug 1997	730	452	17.86	2.55	$14,193
Jul 1997	721	281	17.58	2.25	$13,307
Jun 1997	728	291	17.24	2.26	$13,208
May 1997	723	267	18.97	2.31	$14,332
Apr 1997	922	276	17.88	2.08	$17,060
Mar 1997	891	249	18.95	1.94	$17,367
Feb 1997	737	192	20.49	2.21	$15,525
Jan 1997	739	139	23.48	3.54	$17,844
Dec 1996	545	207	23.32	—	$12,709
Nov 1996	0	65	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	506	156	22.22	—	$11,243
Aug 1996	894	264	20.26	—	$18,112
Jul 1996	886	360	19.55	—	$17,321
Jun 1996	904	322	18.73	—	$16,932
May 1996	1,075	312	19.43	—	$20,887
Apr 1996	1,276	333	21.51	—	$27,447
Mar 1996	1,270	370	19.38	—	$24,613
Feb 1996	1,458	394	16.98	—	$24,757
Jan 1996	2,563	496	17.07	—	$43,750
Dec 1995	2,726	657	17.19	—	$46,860
Nov 1995	3,257	678	16.00	—	$52,112
Oct 1995	366	1	15.43	—	$5,647

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.

Oct 2002 — as filed, then multipliedworked

Oil                  104 bbl  × $ 26.46 =     $2,752
Casinghead gas         2 Mcf  × $  4.23 =         $8

────────────────────────────────────────────────────
Month total                                   $2,760

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/27695 is the state's own key, not one this site invented.