TARPON - STUART RANCH "B"

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) 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 28406District 7BField 68707001OilCasinghead gasSaveExport
Value, all time
$229 k
Jan 1997 – Oct 2004
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
94
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
OilDisposition9,804 bbl$200,853
Casinghead gasProduction7,262 Mcf$28,156
Total$229,009

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 32.6472, -98.5445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64718, -98.54446 · 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
1,800 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

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 1,800 ft.

Completions filed
Jan 1998
1 of 1 wells
Plug dates filed
Mar 1996
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-363345341S1,800 ftJan 1998Mar 1996Yes

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 (94)

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

94 months

Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 200417611636.106.43$7,100
May 2004010237.486.49$662
Apr 200409334.475.86$545
Mar 200414920634.365.53$6,259
Feb 2004015032.455.51$826
Jan 2004021332.036.30$1,342
Dec 2003026230.266.30$1,651
Nov 200304728.804.60$216
Oct 200306728.174.76$319
Sep 20031745926.314.75$4,858
Aug 200306829.765.13$349
Jul 200306829.415.17$352
Jun 200305728.565.98$341
May 200304326.595.97$257
Apr 20031796326.675.41$5,115
Mar 200305731.146.10$347
Feb 200304933.487.93$388
Jan 20031824630.315.58$5,773
Dec 200205626.914.85$272
Nov 200206224.664.14$256
Oct 200207126.464.23$300
Sep 200207227.443.64$262
Aug 20021808225.963.16$4,932
Jul 200209124.583.06$279
Jun 200209023.733.34$300
May 20021837124.663.58$4,767
Apr 200208123.653.51$285
Mar 20021877922.003.10$4,359
Feb 20021857618.222.38$3,551
Jan 200217114217.172.38$3,273
Dec 200136413216.932.36$6,475
Nov 200103718.072.41$89
Oct 200133914219.782.53$7,065
Sep 200136622224.262.25$9,379
Aug 200136517524.873.05$9,612
Jul 200106123.933.20$195
Jun 20011729424.563.82$4,584
May 200103925.524.31$168
Apr 200107124.685.34$379
Mar 20011846324.545.38$4,854
Feb 200108527.755.77$490
Jan 20011703527.478.40$4,964
Dec 200004626.889.12$420
Nov 200003732.215.66$209
Oct 20001839731.235.15$6,214
Sep 200007631.875.19$394
Aug 2000011429.644.54$518
Jul 200018413828.534.09$5,814
Jun 2000013029.304.40$572
May 200018213527.263.68$5,458
Apr 2000014224.513.12$442
Mar 200018213128.422.86$5,547
Feb 200016518127.622.73$5,051
Jan 200005925.272.48$146
Dec 199918232024.282.42$5,195
Nov 199935245423.192.43$9,268
Oct 199916662320.982.80$5,229
Sep 199953468421.752.62$13,406
Aug 1999172019.262.88$3,313
Jul 1999663017.892.37$11,861
Jun 1999685015.942.36$10,919
May 1999340015.792.32$5,369
Apr 19990015.102.21$0
Mar 1999174012.471.84$2,170
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998177012.421.97$2,198
Sep 19980012.592.08$0
Aug 1998174011.301.91$1,966
Jul 1998175011.742.24$2,055
Jun 1998341011.242.24$3,833
May 1998177012.622.21$2,234
Apr 1998352013.042.51$4,590
Mar 1998345012.802.31$4,416
Feb 1998173013.952.30$2,413
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
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.

Jun 2004 — as filed, then multipliedworked
Oil                  176 bbl  × $ 36.10 =     $6,354
Casinghead gas       116 Mcf  × $  6.43 =       $746

────────────────────────────────────────────────────
Month total                                   $7,100

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/28406 is the state's own key, not one this site invented.