WRIGHT

Operated by VALLEY PETROLEUM COMPANY (P-5 881323) in the WHITLEY (GRAY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28744District 7BField 97071333OilCasinghead gasSaveExport
Value, all time
$521 k
Feb 2000 – Jan 2015
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
180
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 10 leases and 18 wells, and the rule below applies to all of them.

Discovered
1953-01-22
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
OilDisposition4,819 bbl$164,288
Casinghead gasProduction57,566 Mcf$356,491
Total$520,779

Wells on this lease (4)

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 32.0769, -100.3935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 58.1 miles, so treat it as the lease's centre and not as its location.

32.04610, -100.14958 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
6,878 ft
4 wells filed one
Completion to plug
15.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 4,000 and 7,545 ft, median 6,878 ft, over the 4 wells that filed a depth.

Completions filed
Jul 1984 – May 2000
4 of 4 wells
Plug dates filed
Jun 2002 – Jul 2013
4 of 4 wells

Last completion to plug: a median of 15.3 years across the 4 wells that filed both dates, with the middle half between 10.6 years and 17.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3533155027,375 ftMay 2000Jul 2002Yes
42-083355998A4,000 ftFeb 2000Jul 2013Yes
42-3533175646,380 ftMar 1985Jun 2002Yes
42-3533160237,545 ftJul 1984Jun 2002Yes

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 (180)

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

180 months

Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201429095.944.81$2,782
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
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 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201132085.644.18$2,740
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100173.684.42$4
Jul 20100172.554.74$5
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201003678.394.39$158
Feb 2010020973.585.44$1,137
Jan 201005474.365.96$322
Dec 200901871.445.48$99
Nov 2009029774.593.75$1,114
Oct 20099523672.544.11$7,861
Sep 2009016665.543.06$509
Aug 2009019767.423.22$634
Jul 2009026861.133.46$928
Jun 2009026266.163.90$1,020
May 2009022754.743.93$891
Apr 2009016246.773.59$581
Mar 2009022542.144.06$913
Feb 2009056032.814.63$2,594
Jan 2009064035.865.37$3,437
Dec 2008066937.105.98$3,999
Nov 2008067055.496.86$4,596
Oct 2008072275.246.92$4,998
Sep 20080913101.767.88$7,192
Aug 20080909114.228.48$7,711
Jul 20080880131.0811.39$10,023
Jun 20080737131.3313.03$9,605
May 20080710123.1711.57$8,218
Apr 20080812110.3110.45$8,489
Mar 2008141862101.909.66$22,698
Feb 2008084792.538.77$7,429
Jan 2008093790.388.21$7,689
Dec 2007098388.337.30$7,178
Nov 200701,02091.677.29$7,438
Oct 200701,12082.856.92$7,753
Sep 200701,08175.846.24$6,750
Aug 200701,14669.066.39$7,321
Jul 200701,13870.906.39$7,269
Jun 200701,08162.007.55$8,160
May 200701,11258.747.85$8,725
Apr 20071361,05359.617.81$16,326
Mar 200701,07056.927.30$7,813
Feb 2007093955.108.22$7,715
Jan 200701,06750.306.73$7,178
Dec 200601,03156.656.92$7,133
Nov 2006096154.207.62$7,320
Oct 2006571,00254.906.01$9,155
Sep 2006091060.085.04$4,584
Aug 200611087968.717.34$14,010
Jul 2006078969.376.34$5,004
Jun 200617170166.286.38$15,809
May 2006065366.016.42$4,196
Apr 200616942964.397.36$14,040
Mar 2006034256.707.08$2,422
Feb 2006027557.597.75$2,132
Jan 2006027460.598.93$2,448
Dec 2005031554.9413.42$4,226
Nov 2005058854.6910.59$6,226
Oct 200507758.3413.80$1,062
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 200414341237.486.49$8,035
Apr 2004049634.475.86$2,906
Mar 2004048334.365.53$2,671
Feb 2004046532.455.51$2,562
Jan 2004053732.036.30$3,383
Dec 200315867430.266.30$9,028
Nov 2003076628.804.60$3,520
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200305929.415.17$305
Jun 20030028.565.98$0
May 2003047626.595.97$2,843
Apr 2003050026.675.41$2,704
Mar 200317453131.146.10$8,655
Feb 2003052833.487.93$4,185
Jan 2003060730.315.58$3,388
Dec 200217053826.914.85$7,186
Nov 2002055324.664.14$2,288
Oct 200217150226.464.23$6,648
Sep 2002053527.443.64$1,945
Aug 200216960025.963.16$6,286
Jul 20020024.583.06$0
Jun 2002018423.733.34$614
May 2002045724.663.58$1,638
Apr 200215943423.653.51$5,285
Mar 2002180022.003.10$3,960
Feb 2002064118.222.38$1,523
Jan 200217175817.172.38$4,737
Dec 200118272716.932.36$4,800
Nov 200139658318.072.41$8,558
Oct 2001173019.782.53$3,422
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001260023.933.20$6,222
Jun 200117161224.563.82$6,540
May 2001017625.524.31$758
Apr 200104724.685.34$251
Mar 200109124.545.38$489
Feb 200105527.755.77$317
Jan 200104127.478.40$344
Dec 20000526.889.12$46
Nov 20000232.215.66$11
Oct 200004031.235.15$206
Sep 200009831.875.19$508
Aug 2000072129.644.54$3,274
Jul 20001581,13628.534.09$9,154
Jun 20001771,34529.304.40$11,100
May 20001771,47827.263.68$10,264
Apr 20003621,96624.513.12$14,999
Mar 20003281,44428.422.86$13,451
Feb 20000027.622.73$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.

Apr 2014 — as filed, then multipliedworked
Oil                   29 bbl  × $ 95.94 =     $2,782
Casinghead gas         0 Mcf  × $  4.81 =         $0

────────────────────────────────────────────────────
Month total                                   $2,782

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/28744 is the state's own key, not one this site invented.