BAKER

Operated by TARPON OIL & GAS CO. (P-5 836178) in the ORAN (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31102District 7BField 67477400OilCasinghead gasSaveExport
Value, all time
$489 k
Jul 2012 – Sep 2016
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
51
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 25 leases and 39 wells, and the rule below applies to all of them.

Discovered
1979-06-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-08-01.

The Commission's schedule remark for this field reads: K EAST (BARNETT SHALE), PALO PINTO COUNTY, TX.

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
OilDisposition2,770 bbl$244,627
Casinghead gasProduction65,374 Mcf$243,922
Total$488,549

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 32.8668, -98.0548. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.86675, -98.05483 · 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
5,138 ft
1 wells filed one
Completion to plug
3.9 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 5,138 ft.

Completions filed
Jul 2012
1 of 1 wells
Plug dates filed
Jun 2016
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673458215,138 ftJul 2012Jun 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 (51)

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

51 months

Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201683042.521.99$3,529
Apr 201683036.561.99$3,034
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 20150055.212.96$0
Apr 20150149.822.71$3
Mar 2015020242.892.93$593
Feb 2015040644.662.98$1,208
Jan 201501,53143.433.10$4,747
Dec 2014157054.693.59$8,586
Nov 201401,44870.464.25$6,157
Oct 2014140078.303.90$1,639
Sep 20141591,09186.164.05$18,113
Aug 201401,83589.394.04$7,404
Jul 201411,47296.564.18$6,249
Jun 20141591,55298.164.74$22,959
May 20141561,94694.734.73$23,976
Apr 201401,23795.944.81$5,949
Mar 201401,25495.895.06$6,341
Feb 201417980997.406.19$22,444
Jan 201411,44690.404.86$7,119
Dec 201301,11091.824.35$4,833
Nov 20131791,21488.853.74$20,442
Oct 201301,10297.423.78$4,165
Sep 201301,945104.113.72$7,231
Aug 20131502,574104.253.52$24,705
Jul 20131762,752102.523.72$28,275
Jun 201302,74494.403.93$10,793
May 20131712,23094.834.15$25,468
Apr 201302,28893.964.28$9,799
Mar 20131772,44993.623.91$26,153
Feb 20131782,67491.233.42$25,384
Jan 201302,22891.603.42$7,620
Dec 20121723,14486.773.42$25,677
Nov 201203,47786.953.62$12,604
Oct 20121884,55689.383.40$32,292
Sep 20121445,60594.672.92$29,990
Aug 20122566,65292.662.91$43,066
Jul 20120085.133.02$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.

May 2016 — as filed, then multipliedworked
Oil                   83 bbl  × $ 42.52 =     $3,529
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $3,529

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/31102 is the state's own key, not one this site invented.