TLC -46-

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 28330District 7BField 87632300OilCasinghead gasSaveExport
Value, all time
$2.3 M
Nov 1997 – Aug 2012
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
178
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
OilDisposition71,684 bbl$2,188,060
Casinghead gasProduction23,869 Mcf$97,073
Total$2,285,133

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 33.2500, -99.4366. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.25000, -99.43657 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,530 ft
2 wells filed one
Completion to plug
14.4 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 5,290 and 5,770 ft, median 5,530 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1997 – Dec 1997
2 of 2 wells
Plug dates filed
Jan 2012 – Jul 2012
2 of 2 wells

Last completion to plug: a median of 14.4 years across the 2 wells that filed both dates, with the middle half between 14.3 years and 14.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4473581025,290 ftDec 1997Jan 2012Yes
42-4473579115,770 ftNov 1997Jul 2012Yes

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 (178)

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

178 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011144083.623.99$12,041
Aug 2011168083.404.15$14,011
Jul 2011175094.144.52$16,475
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111730105.964.33$18,331
Mar 20110096.364.06$0
Feb 2011170085.644.18$14,559
Jan 2011170086.504.59$14,705
Dec 20100085.734.35$0
Nov 20101080.843.80$81
Oct 2010168078.103.51$13,121
Sep 2010344072.633.98$24,985
Aug 20100073.684.42$0
Jul 2010164072.554.74$11,898
Jun 20100070.364.91$0
May 2010174071.124.24$12,375
Apr 20100081.694.12$0
Mar 2010171078.394.39$13,405
Feb 2010173073.585.44$12,729
Jan 2010174074.365.96$12,939
Dec 2009166071.445.48$11,859
Nov 20090074.593.75$0
Oct 2009177072.544.11$12,840
Sep 2009176065.543.06$11,535
Aug 2009172067.423.22$11,596
Jul 2009173061.133.46$10,575
Jun 2009345066.163.90$22,825
May 2009175054.743.93$9,580
Apr 2009174046.773.59$8,138
Mar 2009178042.144.06$7,501
Feb 2009180032.814.63$5,906
Jan 2009177035.865.37$6,347
Dec 20080037.105.98$0
Nov 2008174055.496.86$9,655
Oct 2008179075.246.92$13,468
Sep 20081780101.767.88$18,113
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081750131.3313.03$22,983
May 200800123.1711.57$0
Apr 20081740110.3110.45$19,194
Mar 20081730101.909.66$17,629
Feb 2008169092.538.77$15,638
Jan 20085274590.388.21$48,000
Dec 20070488.337.30$29
Nov 2007181491.677.29$16,621
Oct 20071781782.856.92$14,865
Sep 20071782775.846.24$13,668
Aug 200711269.066.39$146
Jul 20071777970.906.39$13,054
Jun 20073539962.007.55$22,633
May 20073371258.747.85$19,890
Apr 2007349859.617.81$20,866
Mar 2007010656.927.30$774
Feb 20071785455.108.22$10,251
Jan 2007176050.306.73$8,853
Dec 20061742156.656.92$10,002
Nov 200635011654.207.62$19,854
Oct 200616316954.906.01$9,965
Sep 200634118660.085.04$21,424
Aug 200651419568.717.34$36,748
Jul 200635320469.376.34$25,782
Jun 200635113266.286.38$24,107
May 200635216766.016.42$24,308
Apr 200634222864.397.36$23,700
Mar 20063518456.707.08$20,497
Feb 20063519457.597.75$20,943
Jan 200634310960.598.93$21,756
Dec 200535320554.9413.42$22,144
Nov 200569219654.6910.59$39,921
Oct 2005175058.3413.80$10,210
Sep 200517310361.4512.08$11,875
Aug 200534418561.519.80$22,972
Jul 200551619355.697.84$30,250
Jun 20051754452.337.38$9,483
May 20051739545.226.65$8,455
Apr 200534219549.207.36$18,262
Mar 200535020750.377.15$19,111
Feb 200534717945.226.31$16,821
Jan 200535516743.166.32$16,378
Dec 200435114439.866.75$14,963
Nov 200433814045.286.33$16,191
Oct 200417710849.706.52$9,501
Sep 200452019743.245.28$23,526
Aug 200434919842.375.55$15,886
Jul 200434714038.286.08$14,135
Jun 200434424136.106.43$13,969
May 200451826937.486.49$21,162
Apr 200434721534.475.86$13,221
Mar 200470321434.365.53$25,339
Feb 200417421732.455.51$6,842
Jan 200469923732.036.30$23,882
Dec 200351225630.266.30$17,106
Nov 200334924028.804.60$11,154
Oct 200352719828.174.76$15,788
Sep 200333624726.314.75$10,013
Aug 200352120929.765.13$16,577
Jul 200352519229.415.17$16,433
Jun 200335116728.565.98$11,024
May 200352216326.595.97$14,854
Apr 200366620226.675.41$18,854
Mar 200335119231.146.10$12,101
Feb 200353117233.487.93$19,141
Jan 2003332030.315.58$10,063
Dec 2002346026.914.85$9,311
Nov 2002347024.664.14$8,557
Oct 2002175026.464.23$4,631
Sep 2002340027.443.64$9,330
Aug 2002527025.963.16$13,681
Jul 20020024.583.06$0
Jun 2002500023.733.34$11,865
May 2002349024.663.58$8,606
Apr 2002345023.653.51$8,159
Mar 2002494022.003.10$10,868
Feb 2002179018.222.38$3,261
Jan 2002528017.172.38$9,066
Dec 2001356016.932.36$6,027
Nov 2001359018.072.41$6,487
Oct 2001530019.782.53$10,483
Sep 2001357024.262.25$8,661
Aug 2001523024.873.05$13,007
Jul 200152612423.933.20$12,984
Jun 200152716124.563.82$13,559
May 200153612625.524.31$14,221
Apr 200170313424.685.34$18,065
Mar 200171114924.545.38$18,249
Feb 200188415527.755.77$25,425
Jan 200153710827.478.40$15,658
Dec 20005495726.889.12$15,277
Nov 20002035032.215.66$6,822
Oct 200054613231.235.15$17,731
Sep 200055220831.875.19$18,671
Aug 200003729.644.54$168
Jul 20001704728.534.09$5,042
Jun 20003416429.304.40$10,273
May 200009327.263.68$342
Apr 200033912824.513.12$8,708
Mar 200017113928.422.86$5,257
Feb 200017215527.622.73$5,173
Jan 200017314525.272.48$4,731
Dec 199918013724.282.42$4,702
Nov 199934526523.192.43$8,646
Oct 199918542920.982.80$5,084
Sep 199934745021.752.62$8,726
Aug 199934954719.262.88$8,295
Jul 199917150217.892.37$4,250
Jun 199934845315.942.36$6,617
May 199917249915.792.32$3,874
Apr 199951656215.102.21$9,033
Mar 199976352912.471.84$10,487
Feb 19997694989.981.82$8,580
Jan 19991,23838810.381.90$13,588
Dec 19987504249.201.77$7,652
Nov 19981,27924010.892.19$14,453
Oct 19981,11224512.421.97$14,294
Sep 19981,45322412.592.08$18,760
Aug 19981,25317311.301.91$14,489
Jul 19981,09562211.742.24$14,247
Jun 19981,62369911.242.24$19,806
May 19981,83867212.622.21$24,678
Apr 19981,82360313.042.51$25,283
Mar 19982,68767512.802.31$35,952
Feb 19983,05379513.952.30$44,417
Jan 19985,1141,64614.702.15$78,723
Dec 199790134616.322.41$15,539
Nov 19971,73653518.193.09$33,230

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 2011 — as filed, then multipliedworked
Oil                  144 bbl  × $ 83.62 =    $12,041
Casinghead gas         0 Mcf  × $  3.99 =         $0

────────────────────────────────────────────────────
Month total                                  $12,041

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/28330 is the state's own key, not one this site invented.