NEWELL 12-4

Operated by VAN OPERATING, LTD. (P-5 881442) in the ONE-EIGHTEEN (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29365District 7BField 67323275OilCasinghead gasSaveExport
Value, all time
$356 k
Oct 2003 – Mar 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
198
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1994-01-30
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

The Commission's schedule remark for this field reads: PER FIRST GAS WELL IN THIS FIELD (TR#224169);

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
OilDisposition3,501 bbl$196,899
Casinghead gasProduction22,288 Mcf$159,162
Total$356,061

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 32.7207, -99.4414. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.72066, -99.44143 · 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
5,100 ft
1 wells filed one
Completion to plug
15.8 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 5,100 ft.

Completions filed
Oct 2003
1 of 1 wells
Plug dates filed
Aug 2019
1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-417379901D5,100 ftOct 2003Aug 2019Yes

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 (198)

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

198 months

Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201562055.212.96$3,423
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
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 20140095.944.81$0
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 201142083.623.99$3,512
Aug 2011172083.404.15$14,345
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 20110085.644.18$0
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 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100981.694.12$37
Mar 201001778.394.39$75
Feb 201001273.585.44$65
Jan 201001974.365.96$113
Dec 200902371.445.48$126
Nov 200901574.593.75$56
Oct 20090072.544.11$0
Sep 20090965.543.06$28
Aug 20090867.423.22$26
Jul 20090861.133.46$28
Jun 200901266.163.90$47
May 200901254.743.93$47
Apr 200901746.773.59$61
Mar 20091711742.144.06$7,275
Feb 200901932.814.63$88
Jan 200902135.865.37$113
Dec 200802737.105.98$161
Nov 200802755.496.86$185
Oct 200806075.246.92$415
Sep 20080164101.767.88$1,292
Aug 20080139114.228.48$1,179
Jul 200800131.0811.39$0
Jun 200817392131.3313.03$23,919
May 20080139123.1711.57$1,609
Apr 20080110110.3110.45$1,150
Mar 2008014101.909.66$135
Feb 200803992.538.77$342
Jan 20081754790.388.21$16,202
Dec 2007016388.337.30$1,190
Nov 2007033391.677.29$2,428
Oct 2007034482.856.92$2,381
Sep 2007034175.846.24$2,129
Aug 200717936569.066.39$14,693
Jul 2007040170.906.39$2,562
Jun 2007048062.007.55$3,623
May 200703758.747.85$290
Apr 200717324059.617.81$12,186
Mar 2007035356.927.30$2,578
Feb 2007032655.108.22$2,678
Jan 2007045650.306.73$3,067
Dec 2006041356.656.92$2,857
Nov 200617145654.207.62$12,742
Oct 2006041654.906.01$2,502
Sep 2006024060.085.04$1,209
Aug 20061596668.717.34$11,409
Jul 200608769.376.34$552
Jun 2006038466.286.38$2,451
May 2006050866.016.42$3,264
Apr 2006043264.397.36$3,180
Mar 200617356656.707.08$13,818
Feb 2006044557.597.75$3,449
Jan 2006045360.598.93$4,047
Dec 200517630454.9413.42$13,748
Nov 2005050054.6910.59$5,294
Oct 2005031958.3413.80$4,401
Sep 2005054861.4512.08$6,619
Aug 200517268761.519.80$17,310
Jul 2005052655.697.84$4,126
Jun 2005054752.337.38$4,037
May 200517062645.226.65$11,851
Apr 2005063049.207.36$4,637
Mar 200517354150.377.15$12,585
Feb 2005031445.226.31$1,982
Jan 2005023743.166.32$1,498
Dec 200417620439.866.75$8,393
Nov 2004020245.286.33$1,279
Oct 2004021349.706.52$1,388
Sep 200417231943.245.28$9,123
Aug 2004021242.375.55$1,177
Jul 2004033338.286.08$2,026
Jun 200417037736.106.43$8,562
May 2004042537.486.49$2,760
Apr 200417341834.475.86$8,412
Mar 2004043334.365.53$2,395
Feb 2004030532.455.51$1,680
Jan 200417558432.036.30$9,284
Dec 2003074430.266.30$4,688
Nov 200317394228.804.60$9,311
Oct 20031211,41728.174.76$10,153

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.

May 2015 — as filed, then multipliedworked
Oil                   62 bbl  × $ 55.21 =     $3,423
Casinghead gas         0 Mcf  × $  2.96 =         $0

────────────────────────────────────────────────────
Month total                                   $3,423

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/29365 is the state's own key, not one this site invented.