LAMBSHEAD C-8

Operated by THROCKMORTON OIL, INC. (P-5 858320) in the BIG BUFFALO (MISSISSIPPIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27962District 7BField 07770100OilCasinghead gasSaveExport
Value, all time
$282 k
Sep 1996 – Nov 2001
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
63
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 13 leases and 14 wells, and the rule below applies to all of them.

Discovered
1991-07-21
as the register files it
Field class
Oil and gas
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
OilDisposition16,837 bbl$281,635
Casinghead gasProduction64 Mcf$0
Total$281,635

64 Mcf of this lease's gas, across 1 month, 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 32.9751, -99.2913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.97511, -99.29129 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,822 ft
1 wells filed one
Completion to plug
4.8 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 4,822 ft.

Completions filed
Sep 1996
1 of 1 wells
Plug dates filed
Jun 2001
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-447356403D4,822 ftSep 1996Jun 2001Yes

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 (63)

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

63 months

Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200183024.262.25$2,014
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001177024.563.82$4,347
May 20015025.524.31$128
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 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000179027.263.68$4,880
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000178027.622.73$4,916
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999179023.192.43$4,151
Oct 1999176020.982.80$3,692
Sep 19990021.752.62$0
Aug 1999356019.262.88$6,857
Jul 1999182017.892.37$3,256
Jun 1999362015.942.36$5,770
May 1999544015.792.32$8,590
Apr 1999359015.102.21$5,421
Mar 1999543012.471.84$6,771
Feb 199935909.981.82$3,583
Jan 1999717010.381.90$7,442
Dec 199854209.201.77$4,986
Nov 1998180010.892.19$1,960
Oct 1998539012.421.97$6,694
Sep 1998362012.592.08$4,558
Aug 1998358011.301.91$4,045
Jul 1998374011.742.24$4,391
Jun 1998356011.242.24$4,001
May 1998358012.622.21$4,518
Apr 1998373013.042.51$4,864
Mar 1998554012.802.31$7,091
Feb 1998368013.952.30$5,134
Jan 1998542014.702.15$7,967
Dec 1997554016.322.41$9,041
Nov 1997368018.193.09$6,694
Oct 1997486019.253.15$9,356
Sep 1997267017.742.95$4,737
Aug 1997556017.862.55$9,930
Jul 1997358017.582.25$6,294
Jun 1997541017.242.26$9,327
May 1997548018.972.31$10,396
Apr 1997364017.882.08$6,508
Mar 1997551018.951.94$10,441
Feb 1997367020.492.21$7,520
Jan 1997549023.483.54$12,891
Dec 1996741023.32$17,280
Nov 1996366021.97$8,041
Oct 1996733023.31$17,086
Sep 19961836422.22$4,066

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 2001 — as filed, then multipliedworked
Oil                   83 bbl  × $ 24.26 =     $2,014
Casinghead gas         0 Mcf  × $  2.25 =         $0

────────────────────────────────────────────────────
Month total                                   $2,014

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/27962 is the state's own key, not one this site invented.