ARMSTRONG BANKER

Operated by GOOPCO, INC. (P-5 315960) in the OINKS (MISSISSIPPIAN LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30647District 7BField 66936250Hydrogen sulphide fieldOilSaveExport
Value, all time
$1.1 M
Jan 2011 – Feb 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
50
no gaps in the span
Streams
1
oil

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 6 wells, and the rule below applies to all of them.

Discovered
1992-09-18
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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition11,643 bbl$1,092,112
Total$1,092,112

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 33.2957, -99.0647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.29568, -99.06473 · 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
4,865 ft
1 wells filed one
Completion to plug
3.6 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 4,865 ft.

Completions filed
Jan 2011
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473635924,865 ftJan 2011Aug 2014Yes

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 (50)

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

50 months

Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 20133597.423.78$3,410
Sep 20131104.113.72$104
Aug 20130104.253.52$0
Jul 2013124102.523.72$12,712
Jun 2013094.403.93$0
May 20137494.834.15$7,017
Apr 2013093.964.28$0
Mar 201315193.623.91$14,137
Feb 2013091.233.42$0
Jan 201317291.603.42$15,755
Dec 201217086.773.42$14,751
Nov 201216486.953.62$14,260
Oct 201217989.383.40$15,999
Sep 201215894.672.92$14,958
Aug 201234592.662.91$31,968
Jul 201233285.133.02$28,263
Jun 201217579.822.52$13,969
May 201253291.612.49$48,737
Apr 2012538101.652.00$54,688
Mar 2012695105.052.22$73,010
Feb 2012534101.102.57$53,987
Jan 201254198.092.73$53,067
Dec 201171296.873.24$68,971
Nov 201151795.723.31$49,487
Oct 201153184.983.65$45,124
Sep 201153483.623.99$44,653
Aug 201170583.404.15$58,797
Jul 201170994.144.52$66,745
Jun 201153592.904.64$49,702
May 201171598.134.40$70,163
Apr 2011533105.964.33$56,477
Mar 201153196.364.06$51,167
Feb 201170085.644.18$59,948
Jan 2011186.504.59$87

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.

Oct 2013 — as filed, then multipliedworked
Oil                   35 bbl  × $ 97.42 =     $3,410

────────────────────────────────────────────────────
Month total                                   $3,410

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/30647 is the state's own key, not one this site invented.