CAREY

Operated by JM ENERGY, INC. (P-5 433084) in the CADDO (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29714District 7BField 14481200OilCasinghead gasSaveExport
Value, all time
$246 k
Jan 2006 – Feb 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
98
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 89 leases and 105 wells, and the rule below applies to all of them.

Discovered
1979-07-01
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: EFFECTIVE 11/01/82

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
OilDisposition1,490 bbl$122,053
Casinghead gasProduction20,189 Mcf$123,826
Total$245,879

Wells on this lease (3)

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 32.6538, -98.7058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.65346, -98.70573 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,350 ft
3 wells filed one
Completion to plug
6.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 4,300 and 4,353 ft, median 4,350 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2006 – Oct 2006
3 of 3 wells
Plug dates filed
Nov 2012 – Dec 2012
3 of 3 wells

Last completion to plug: a median of 6.3 years across the 3 wells that filed both dates, with the middle half between 6.3 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4293623734,350 ftOct 2006Dec 2012Yes
42-4293623624,353 ftAug 2006Nov 2012Yes
42-4293615814,300 ftJan 2006Nov 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 (98)

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

98 months

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 20121630105.052.22$17,123
Feb 2012063101.102.57$162
Jan 2012010198.092.73$276
Dec 2011011396.873.24$366
Nov 2011010895.723.31$358
Oct 2011010584.983.65$383
Sep 2011012083.623.99$478
Aug 2011023183.404.15$958
Jul 2011026394.144.52$1,188
Jun 2011015792.904.64$728
May 2011033998.134.40$1,493
Apr 20110206105.964.33$893
Mar 2011036396.364.06$1,473
Feb 2011012185.644.18$506
Jan 2011018086.504.59$826
Dec 2010021385.734.35$926
Nov 2010032280.843.80$1,222
Oct 2010017278.103.51$604
Sep 2010019472.633.98$772
Aug 2010015673.684.42$689
Jul 201016026372.554.74$12,854
Jun 2010017370.364.91$850
May 2010030871.124.24$1,304
Apr 2010032981.694.12$1,356
Mar 2010031578.394.39$1,382
Feb 2010038373.585.44$2,084
Jan 2010028574.365.96$1,700
Dec 2009025871.445.48$1,415
Nov 200918043674.593.75$15,062
Oct 2009032972.544.11$1,352
Sep 2009047565.543.06$1,456
Aug 2009019167.423.22$615
Jul 2009011261.133.46$388
Jun 2009017066.163.90$662
May 2009018654.743.93$730
Apr 2009018146.773.59$649
Mar 2009021342.144.06$865
Feb 2009020632.814.63$954
Jan 2009010435.865.37$559
Dec 2008014437.105.98$861
Nov 2008012155.496.86$830
Oct 200816914775.246.92$13,733
Sep 20080123101.767.88$969
Aug 20080116114.228.48$984
Jul 2008079131.0811.39$900
Jun 20080204131.3313.03$2,659
May 20080256123.1711.57$2,963
Apr 2008358281110.3110.45$42,429
Mar 20080308101.909.66$2,977
Feb 2008031292.538.77$2,736
Jan 2008030990.388.21$2,536
Dec 2007034888.337.30$2,541
Nov 2007029891.677.29$2,173
Oct 2007032682.856.92$2,257
Sep 2007033875.846.24$2,111
Aug 2007047469.066.39$3,028
Jul 2007073370.906.39$4,682
Jun 200701,24462.007.55$9,390
May 20077434958.747.85$7,085
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200603756.656.92$256
Nov 200607354.207.62$556
Oct 200608354.906.01$499
Sep 20066013660.085.04$4,290
Aug 2006031668.717.34$2,319
Jul 2006036569.376.34$2,315
Jun 2006048266.286.38$3,077
May 2006083266.016.42$5,346
Apr 200616398564.397.36$17,746
Mar 200616397556.707.08$16,148
Feb 2006056957.597.75$4,410
Jan 2006038260.598.93$3,413

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.

Mar 2012 — as filed, then multipliedworked
Oil                  163 bbl  × $105.05 =    $17,123
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                  $17,123

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/29714 is the state's own key, not one this site invented.