USSERY

Operated by WALSH RESOURCES, INC. (P-5 894500) in the EVB, S. (CADDO CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28408District 7BField 27036050OilCasinghead gasSaveExport
Value, all time
$276 k
Jan 1998 – Feb 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
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 6 leases and 14 wells, and the rule below applies to all of them.

Discovered
1994-08-23
as the register files it
Field class
Oil
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
OilDisposition10,509 bbl$269,605
Casinghead gasProduction2,270 Mcf$6,292
Total$275,897

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 32.2708, -100.2769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27082, -100.27694 · 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
6,808 ft
1 wells filed one
Completion to plug
19 months
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 6,808 ft.

Completions filed
Feb 2007
1 of 1 wells
Plug dates filed
Sep 2008
1 of 1 wells

Last completion to plug: a median of 19 months across the 1 well that filed both dates, with the middle half between 19 months and 19 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3533258826,808 ftFeb 2007Sep 2008Yes

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 (134)

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

134 months

Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006170060.598.93$10,300
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005173558.3413.80$10,162
Sep 2005176561.4512.08$10,876
Aug 20050561.519.80$49
Jul 2005154555.697.84$8,615
Jun 20050552.337.38$37
May 20050545.226.65$33
Apr 2005174549.207.36$8,598
Mar 2005173550.377.15$8,750
Feb 20050545.226.31$32
Jan 20050543.166.32$32
Dec 2004172539.866.75$6,890
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040543.245.28$26
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 20040532.455.51$28
Jan 2004150532.036.30$4,836
Dec 2003166530.266.30$5,055
Nov 2003167528.804.60$4,833
Oct 2003169528.174.76$4,785
Sep 2003159526.314.75$4,207
Aug 20030529.765.13$26
Jul 2003157529.415.17$4,643
Jun 2003163528.565.98$4,685
May 20031681026.595.97$4,527
Apr 20031791026.675.41$4,828
Mar 20033191031.146.10$9,995
Feb 200301033.487.93$79
Jan 20030030.315.58$0
Dec 20021511026.914.85$4,112
Nov 20021601024.664.14$3,987
Oct 200201026.464.23$42
Sep 20021781027.443.64$4,921
Aug 20021741025.963.16$4,549
Jul 20023261024.583.06$8,044
Jun 200201023.733.34$33
May 20021731024.663.58$4,302
Apr 20021741023.653.51$4,150
Mar 20021711022.003.10$3,793
Feb 20023441018.222.38$6,291
Jan 20023231017.172.38$5,570
Dec 200101016.932.36$24
Nov 200101018.072.41$24
Oct 20013491019.782.53$6,929
Sep 200101024.262.25$23
Aug 20011641024.873.05$4,109
Jul 200101023.933.20$32
Jun 20011451024.563.82$3,599
May 20011651025.524.31$4,254
Apr 20013411024.685.34$8,469
Mar 200101524.545.38$81
Feb 200101527.755.77$87
Jan 20011731527.478.40$4,878
Dec 20001511526.889.12$4,196
Nov 200001532.215.66$85
Oct 20001621031.235.15$5,111
Sep 20001821031.875.19$5,852
Aug 20001791029.644.54$5,351
Jul 20003181028.534.09$9,113
Jun 200001029.304.40$44
May 200001027.263.68$37
Apr 20000024.513.12$0
Mar 2000163028.422.86$4,632
Feb 200003027.622.73$82
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999170023.192.43$3,942
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999158019.262.88$3,043
Jul 199918210017.892.37$3,493
Jun 1999010015.942.36$236
May 199916710015.792.32$2,869
Apr 199917610015.102.21$2,878
Mar 199933110012.471.84$4,311
Feb 19991631009.981.82$1,809
Jan 199914610010.381.90$1,705
Dec 19981791009.201.77$1,824
Nov 199816710010.892.19$2,037
Oct 199816910012.421.97$2,296
Sep 199817710012.592.08$2,437
Aug 199817510011.301.91$2,168
Jul 199817210011.742.24$2,243
Jun 199816610011.242.24$2,090
May 199815610012.622.21$2,189
Apr 1998010013.042.51$251
Mar 1998010012.802.31$231
Feb 199805013.952.30$115
Jan 19980014.702.15$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.

Jan 2006 — as filed, then multipliedworked
Oil                  170 bbl  × $ 60.59 =    $10,300
Casinghead gas         0 Mcf  × $  8.93 =         $0

────────────────────────────────────────────────────
Month total                                  $10,300

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/28408 is the state's own key, not one this site invented.