TLC -96-

Operated by ROMAC OIL COMPANY, INC. (P-5 727003) in the SWENSON (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28132District 7BField 87632300OilCasinghead gasSaveExport
Value, all time
$335 k
Jan 1997 – Sep 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
93
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 60 leases and 121 wells, and the rule below applies to all of them.

Discovered
1996-08-22
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: EFFECTIVE DATE 1/27/15.

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
OilDisposition15,034 bbl$274,088
Casinghead gasProduction22,132 Mcf$61,158
Total$335,246

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 33.2058, -99.3820. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.20583, -99.38202 · 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
5,322 ft
1 wells filed one
Completion to plug
6.8 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 5,322 ft.

Completions filed
Jan 1997
1 of 1 wells
Plug dates filed
Oct 2003
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473566215,322 ftJan 1997Oct 2003Yes

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 (93)

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

93 months

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 200272026.914.85$1,938
Nov 20021024.664.14$25
Oct 20021026.464.23$26
Sep 2002160027.443.64$4,390
Aug 20021025.963.16$26
Jul 200219124.583.06$303
Jun 2002118723.733.34$648
May 200216019624.663.58$4,648
Apr 2002119123.653.51$695
Mar 200217319322.003.10$4,405
Feb 2002116618.222.38$413
Jan 200217017817.172.38$3,342
Dec 2001317816.932.36$472
Nov 200117818018.072.41$3,649
Oct 2001118719.782.53$493
Sep 200117718424.262.25$4,708
Aug 2001119724.873.05$626
Jul 200117221723.933.20$4,810
Jun 2001121024.563.82$828
May 200117621225.524.31$5,405
Apr 2001119924.685.34$1,086
Mar 200118019624.545.38$5,471
Feb 2001119527.755.77$1,152
Jan 200117520927.478.40$6,563
Dec 2000417826.889.12$1,731
Nov 20001838532.215.66$6,375
Oct 20001768831.235.15$5,949
Sep 2000214731.875.19$826
Aug 200017315729.644.54$5,841
Jul 2000314928.534.09$695
Jun 200017111229.304.40$5,503
May 200017623127.263.68$5,648
Apr 2000038324.513.12$1,193
Mar 200017528628.422.86$5,791
Feb 200017532927.622.73$5,731
Jan 2000033725.272.48$836
Dec 199934535024.282.42$9,225
Nov 1999032723.192.43$796
Oct 199918136320.982.80$4,815
Sep 199917640321.752.62$4,883
Aug 199917540119.262.88$4,524
Jul 199917335217.892.37$3,930
Jun 1999037315.942.36$881
May 199917242615.792.32$3,705
Apr 199918245815.102.21$3,759
Mar 199917242012.471.84$2,917
Feb 19991803759.981.82$2,478
Jan 199935541010.381.90$4,464
Dec 19981833929.201.77$2,379
Nov 199818134610.892.19$2,727
Oct 199817737712.421.97$2,941
Sep 199817335812.592.08$2,924
Aug 199835841211.301.91$4,831
Jul 199818036711.742.24$2,934
Jun 199835136211.242.24$4,755
May 199817335012.622.21$2,955
Apr 199835940013.042.51$5,683
Mar 199834545912.802.31$5,476
Feb 199836135613.952.30$5,854
Jan 199836133814.702.15$6,035
Dec 199735743216.322.41$6,868
Nov 199752851418.193.09$11,192
Oct 199734960119.253.15$8,611
Sep 199769674117.742.95$14,537
Aug 199770975217.862.55$14,584
Jul 199786287117.582.25$17,111
Jun 19971,4021,49817.242.26$27,552
May 19971,4081,48118.972.31$30,129
Apr 1997364017.882.08$6,508
Mar 19970018.951.94$0
Feb 199701920.492.21$42
Jan 19970023.483.54$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.

Dec 2002 — as filed, then multipliedworked
Oil                   72 bbl  × $ 26.91 =     $1,938
Casinghead gas         0 Mcf  × $  4.85 =         $0

────────────────────────────────────────────────────
Month total                                   $1,938

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/28132 is the state's own key, not one this site invented.