YOUNG

Name: YOUNG lease production and value, Jan 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VENTEX OPERATING CORP. (P-5 884527) in the CASADY (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28071District 7BField 16148500OilCasinghead gasSave Export

Value, all time

$1.0 M

Jan 1997 – Apr 2013

Value, last 12 filed months

at the published price for each month

Months reported

196

no gaps in the span

Streams

oil, casinghead gas

The CASADY (STRAWN) 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 9 leases and 12 wells, and the rule below applies to all of them.

Discovered

1953-06-07

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1999-09-14.

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	38,797 bbl	$802,241
Casinghead gas	Production	49,460 Mcf	$202,050
Total			$1,004,290

Wells on this lease (2)

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 32.5114, -100.0685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.51144, -100.06852 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

4,913 ft

2 wells filed one

Completion to plug

11.4 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 4,825 and 5,000 ft, median 4,913 ft, over the 2 wells that filed a depth.

Completions filed

May 2012 – Sep 2012

2 of 2 wells

Plug dates filed

Aug 2022 – Apr 2025

2 of 2 wells

Last completion to plug: a median of 11.4 years across the 2 wells that filed both dates, with the middle half between 10.8 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-44133797	1	4,825 ft	Sep 2012	Apr 2025	Yes
42-44133575	2	5,000 ft	May 2012	Aug 2022	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 (196)

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

196 months


Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	192	0	67.42	3.22	$12,945
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	442	35.86	5.37	$2,374
Dec 2008	0	464	37.10	5.98	$2,773
Nov 2008	0	398	55.49	6.86	$2,730
Oct 2008	0	396	75.24	6.92	$2,741
Sep 2008	167	214	101.76	7.88	$18,680
Aug 2008	0	479	114.22	8.48	$4,063
Jul 2008	0	435	131.08	11.39	$4,954
Jun 2008	0	398	131.33	13.03	$5,187
May 2008	0	378	123.17	11.57	$4,375
Apr 2008	0	422	110.31	10.45	$4,412
Mar 2008	167	370	101.90	9.66	$20,593
Feb 2008	0	416	92.53	8.77	$3,649
Jan 2008	0	299	90.38	8.21	$2,454
Dec 2007	0	264	88.33	7.30	$1,928
Nov 2007	0	139	91.67	7.29	$1,014
Oct 2007	167	186	82.85	6.92	$15,123
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	157	186	69.06	6.39	$12,031
Jul 2007	0	57	70.90	6.39	$364
Jun 2007	0	367	62.00	7.55	$2,770
May 2007	0	402	58.74	7.85	$3,154
Apr 2007	0	319	59.61	7.81	$2,490
Mar 2007	172	361	56.92	7.30	$12,426
Feb 2007	0	193	55.10	8.22	$1,586
Jan 2007	0	218	50.30	6.73	$1,466
Dec 2006	0	134	56.65	6.92	$927
Nov 2006	172	138	54.20	7.62	$10,374
Oct 2006	0	159	54.90	6.01	$956
Sep 2006	0	100	60.08	5.04	$504
Aug 2006	186	157	68.71	7.34	$13,932
Jul 2006	0	72	69.37	6.34	$457
Jun 2006	0	95	66.28	6.38	$606
May 2006	0	77	66.01	6.42	$495
Apr 2006	0	109	64.39	7.36	$802
Mar 2006	0	92	56.70	7.08	$652
Feb 2006	174	160	57.59	7.75	$11,261
Jan 2006	0	179	60.59	8.93	$1,599
Dec 2005	0	52	54.94	13.42	$698
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	170	58.34	13.80	$2,345
Sep 2005	170	79	61.45	12.08	$11,401
Aug 2005	0	186	61.51	9.80	$1,822
Jul 2005	0	122	55.69	7.84	$957
Jun 2005	0	157	52.33	7.38	$1,159
May 2005	199	166	45.22	6.65	$10,103
Apr 2005	0	180	49.20	7.36	$1,325
Mar 2005	0	175	50.37	7.15	$1,252
Feb 2005	0	100	45.22	6.31	$631
Jan 2005	179	197	43.16	6.32	$8,971
Dec 2004	0	189	39.86	6.75	$1,276
Nov 2004	0	165	45.28	6.33	$1,045
Oct 2004	176	218	49.70	6.52	$10,167
Sep 2004	0	166	43.24	5.28	$877
Aug 2004	0	175	42.37	5.55	$971
Jul 2004	167	177	38.28	6.08	$7,470
Jun 2004	0	225	36.10	6.43	$1,447
May 2004	0	137	37.48	6.49	$890
Apr 2004	177	134	34.47	5.86	$6,886
Mar 2004	0	173	34.36	5.53	$957
Feb 2004	169	116	32.45	5.51	$6,123
Jan 2004	0	140	32.03	6.30	$882
Dec 2003	182	69	30.26	6.30	$5,942
Nov 2003	0	167	28.80	4.60	$767
Oct 2003	0	114	28.17	4.76	$543
Sep 2003	164	170	26.31	4.75	$5,122
Aug 2003	0	236	29.76	5.13	$1,211
Jul 2003	173	253	29.41	5.17	$6,396
Jun 2003	0	233	28.56	5.98	$1,394
May 2003	175	316	26.59	5.97	$6,541
Apr 2003	0	265	26.67	5.41	$1,433
Mar 2003	168	332	31.14	6.10	$7,255
Feb 2003	166	289	33.48	7.93	$7,848
Jan 2003	193	315	30.31	5.58	$7,608
Dec 2002	0	257	26.91	4.85	$1,247
Nov 2002	0	191	24.66	4.14	$790
Oct 2002	0	135	26.46	4.23	$571
Sep 2002	166	176	27.44	3.64	$5,195
Aug 2002	167	139	25.96	3.16	$4,775
Jul 2002	0	196	24.58	3.06	$600
Jun 2002	162	415	23.73	3.34	$5,230
May 2002	0	335	24.66	3.58	$1,201
Apr 2002	174	325	23.65	3.51	$5,257
Mar 2002	170	254	22.00	3.10	$4,528
Feb 2002	0	269	18.22	2.38	$639
Jan 2002	168	291	17.17	2.38	$3,576
Dec 2001	174	305	16.93	2.36	$3,667
Nov 2001	0	336	18.07	2.41	$808
Oct 2001	173	400	19.78	2.53	$4,433
Sep 2001	0	296	24.26	2.25	$666
Aug 2001	172	280	24.87	3.05	$5,133
Jul 2001	174	357	23.93	3.20	$5,305
Jun 2001	0	305	24.56	3.82	$1,166
May 2001	174	396	25.52	4.31	$6,146
Apr 2001	165	367	24.68	5.34	$6,030
Mar 2001	176	371	24.54	5.38	$6,314
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	8	29.64	4.54	$36
Jul 2000	0	67	28.53	4.09	$274
Jun 2000	166	44	29.30	4.40	$5,057
May 2000	0	61	27.26	3.68	$224
Apr 2000	173	52	24.51	3.12	$4,402
Mar 2000	330	67	28.42	2.86	$9,570
Feb 2000	336	71	27.62	2.73	$9,474
Jan 2000	512	73	25.27	2.48	$13,119
Dec 1999	341	86	24.28	2.42	$8,488
Nov 1999	340	45	23.19	2.43	$7,994
Oct 1999	340	70	20.98	2.80	$7,329
Sep 1999	513	222	21.75	2.62	$11,739
Aug 1999	518	202	19.26	2.88	$10,558
Jul 1999	517	277	17.89	2.37	$9,906
Jun 1999	350	279	15.94	2.36	$6,238
May 1999	340	364	15.79	2.32	$6,213
Apr 1999	340	395	15.10	2.21	$6,006
Mar 1999	530	347	12.47	1.84	$7,247
Feb 1999	558	469	9.98	1.82	$6,421
Jan 1999	558	528	10.38	1.90	$6,795
Dec 1998	711	520	9.20	1.77	$7,463
Nov 1998	548	493	10.89	2.19	$7,045
Oct 1998	740	609	12.42	1.97	$10,390
Sep 1998	738	706	12.59	2.08	$10,762
Aug 1998	891	853	11.30	1.91	$11,695
Jul 1998	720	1,023	11.74	2.24	$10,742
Jun 1998	737	1,078	11.24	2.24	$10,696
May 1998	910	1,053	12.62	2.21	$13,807
Apr 1998	902	1,077	13.04	2.51	$14,460
Mar 1998	900	1,077	12.80	2.31	$14,007
Feb 1998	805	1,021	13.95	2.30	$13,577
Jan 1998	1,090	1,234	14.70	2.15	$18,682
Dec 1997	1,261	1,130	16.32	2.41	$23,304
Nov 1997	1,294	945	18.19	3.09	$26,456
Oct 1997	1,491	890	19.25	3.15	$31,505
Sep 1997	1,250	641	17.74	2.95	$24,069
Aug 1997	0	18	17.86	2.55	$46
Jul 1997	688	727	17.58	2.25	$13,729
Jun 1997	1,554	1,679	17.24	2.26	$30,581
May 1997	1,911	2,390	18.97	2.31	$41,769
Apr 1997	2,070	2,233	17.88	2.08	$41,662
Mar 1997	2,695	1,955	18.95	1.94	$54,861
Feb 1997	1,218	162	20.49	2.21	$25,314
Jan 1997	684	190	23.48	3.54	$16,733

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.

Aug 2009 — as filed, then multipliedworked

Oil                  192 bbl  × $ 67.42 =    $12,945
Casinghead gas         0 Mcf  × $  3.22 =         $0

────────────────────────────────────────────────────
Month total                                  $12,945

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/28071 is the state's own key, not one this site invented.