LINK "N"

Operated by DELTA OIL & GAS LTD. (P-5 213703) 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 29982District 7BField 14481200OilCasinghead gasSaveExport
Value, all time
$625 k
Nov 2007 – Aug 2016
Value, last 12 filed months
$94
at the published price for each month
Months reported
106
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
OilDisposition645 bbl$47,195
Casinghead gasProduction102,013 Mcf$577,868
Total$625,064

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 32.6831, -98.5913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68308, -98.59134 · 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
4,220 ft
1 wells filed one
Completion to plug
8.3 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 4,220 ft.

Completions filed
Nov 2007
1 of 1 wells
Plug dates filed
Feb 2016
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293553414,220 ftNov 2007Feb 2016Yes

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 (106)

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

106 months

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 201501032.362.00$20
Nov 201501038.792.17$22
Oct 201501043.552.43$24
Sep 201501042.992.76$28
Aug 201501040.162.87$29
Jul 2015031148.152.95$916
Jun 2015034656.152.88$997
May 2015034555.212.96$1,020
Apr 2015040449.822.71$1,093
Mar 201516632942.892.93$8,085
Feb 2015035744.662.98$1,063
Jan 2015051943.433.10$1,609
Dec 2014029654.693.59$1,063
Nov 2014048170.464.25$2,045
Oct 2014046178.303.90$1,798
Sep 2014050886.164.05$2,055
Aug 2014056689.394.04$2,284
Jul 2014052096.564.18$2,173
Jun 2014045498.164.74$2,151
May 2014073794.734.73$3,483
Apr 2014065395.944.81$3,140
Mar 2014058595.895.06$2,958
Feb 201414949197.406.19$17,553
Jan 2014042690.404.86$2,071
Dec 2013053991.824.35$2,347
Nov 2013051988.853.74$1,940
Oct 2013070897.423.78$2,676
Sep 20130600104.113.72$2,231
Aug 20130717104.253.52$2,526
Jul 20130662102.523.72$2,461
Jun 2013046094.403.93$1,809
May 2013042894.834.15$1,776
Apr 2013067693.964.28$2,895
Mar 201301,10893.623.91$4,335
Feb 2013066791.233.42$2,281
Jan 2013038191.603.42$1,303
Dec 2012069586.773.42$2,377
Nov 201201,04686.953.62$3,792
Oct 201201,24589.383.40$4,233
Sep 201201,05194.672.92$3,067
Aug 2012096392.662.91$2,801
Jul 201201,50385.133.02$4,540
Jun 201201,38879.822.52$3,496
May 201201,47391.612.49$3,665
Apr 201201,321101.652.00$2,638
Mar 20120982105.052.22$2,182
Feb 201201,189101.102.57$3,056
Jan 201201,15698.092.73$3,161
Dec 201101,13396.873.24$3,671
Nov 201101,29595.723.31$4,288
Oct 201101,23584.983.65$4,506
Sep 201101,07983.623.99$4,301
Aug 201101,28183.404.15$5,315
Jul 2011077094.144.52$3,478
Jun 2011029992.904.64$1,387
May 2011048198.134.40$2,119
Apr 20110443105.964.33$1,920
Mar 2011080896.364.06$3,278
Feb 2011027885.644.18$1,162
Jan 201101,02586.504.59$4,704
Dec 201001,41385.734.35$6,143
Nov 2010075680.843.80$2,869
Oct 201009278.103.51$323
Sep 201001,48472.633.98$5,906
Aug 2010024073.684.42$1,061
Jul 2010048472.554.74$2,292
Jun 2010048970.364.91$2,401
May 2010071971.124.24$3,045
Apr 2010036281.694.12$1,492
Mar 2010055978.394.39$2,453
Feb 201001,42673.585.44$7,761
Jan 201001,33374.365.96$7,950
Dec 200901,03271.445.48$5,659
Nov 2009077074.593.75$2,889
Oct 200902,32072.544.11$9,536
Sep 200901,43065.543.06$4,383
Aug 200901,52667.423.22$4,911
Jul 20091571,17661.133.46$13,672
Jun 200901,67966.163.90$6,540
May 200901,70954.743.93$6,709
Apr 200901,34946.773.59$4,840
Mar 200901,09042.144.06$4,424
Feb 200901,13832.814.63$5,272
Jan 200901,47035.865.37$7,895
Dec 200801,47337.105.98$8,804
Nov 200801,44155.496.86$9,886
Oct 200801,60875.246.92$11,131
Sep 200801,787101.767.88$14,076
Aug 200802,411114.228.48$20,453
Jul 200802,488131.0811.39$28,337
Jun 200802,324131.3313.03$30,288
May 200802,771123.1711.57$32,072
Apr 200802,950110.3110.45$30,842
Mar 200803,916101.909.66$37,845
Feb 20081633,70892.538.77$47,604
Jan 200804,29390.388.21$35,227
Dec 2007104,35488.337.30$32,676
Nov 20070091.677.29$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.

Dec 2015 — as filed, then multipliedworked
Oil                    0 bbl  × $ 32.36 =         $0
Casinghead gas        10 Mcf  × $  2.00 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/29982 is the state's own key, not one this site invented.