LANE

Operated by CROWN EQUIPMENT CO. (P-5 191534) in the PALO PINTO COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28044District 7BField 68707001OilCasinghead gasSaveExport
Value, all time
$65 k
Nov 1996 – Sep 2002
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
71
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 344 leases and 721 wells, and the rule below applies to all of them.

Discovered
1915-12-31
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
OilDisposition1,723 bbl$33,948
Casinghead gasProduction9,786 Mcf$31,272
Total$65,219

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 32.7730, -98.5722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.77295, -98.57222 · 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
0.0%
0 of 1 wells
Median depth
3,990 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
1100.0%
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.
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 3,990 ft.

1 well

42-363345751033,990 ftYes

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 (71)

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

71 months

Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20023936723.733.34$2,151
May 2002031624.663.58$1,133
Apr 2002041923.653.51$1,472
Mar 2002025722.003.10$797
Feb 200213916418.222.38$2,922
Jan 2002013617.172.38$323
Dec 2001011016.932.36$260
Nov 2001018118.072.41$435
Oct 2001017019.782.53$430
Sep 2001022424.262.25$504
Aug 2001030624.873.05$934
Jul 200110140623.933.20$3,715
Jun 2001019024.563.82$727
May 2001028625.524.31$1,232
Apr 2001023624.685.34$1,259
Mar 2001034224.545.38$1,839
Feb 2001017327.755.77$998
Jan 2001021927.478.40$1,839
Dec 20001018326.889.12$3,472
Nov 200003732.215.66$209
Oct 200001931.235.15$98
Sep 200006331.875.19$327
Aug 200008229.644.54$372
Jul 200006628.534.09$270
Jun 20000029.304.40$0
May 200007127.263.68$261
Apr 20000324.513.12$9
Mar 2000111228.422.86$3,160
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998113012.592.08$1,423
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998170012.802.31$2,176
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997143016.322.41$2,334
Nov 19970018.193.09$0
Oct 199701219.253.15$38
Sep 199716924517.742.95$3,722
Aug 1997051017.862.55$1,303
Jul 199709917.582.25$222
Jun 1997060217.242.26$1,359
May 199717665218.972.31$4,844
Apr 199715977917.882.08$4,465
Mar 1997057518.951.94$1,115
Feb 1997069020.492.21$1,522
Jan 199730269423.483.54$9,548
Dec 19960023.32$0
Nov 19960021.97$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.

Jun 2002 — as filed, then multipliedworked
Oil                   39 bbl  × $ 23.73 =       $925
Casinghead gas       367 Mcf  × $  3.34 =     $1,225

────────────────────────────────────────────────────
Month total                                   $2,151

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/28044 is the state's own key, not one this site invented.