W-B 533 UNIT

Operated by MARJAC OIL COMPANY, INC. (P-5 526262) in the LADY JANE (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31201District 7BField 51250333OilCasinghead gasSaveExport
Value, all time
$100 k
Mar 2013 – Apr 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
74
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
1968-08-26
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

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
OilDisposition822 bbl$72,800
Casinghead gasProduction7,283 Mcf$27,330
Total$100,130

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 32.8102, -99.2090. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.81015, -99.20901 · 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
4,455 ft
1 wells filed one
Completion to plug
5.8 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 4,455 ft.

Completions filed
Mar 2013
1 of 1 wells
Plug dates filed
Dec 2018
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4173935014,455 ftMar 2013Dec 2018Yes

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 (74)

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

74 months

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 2016011733.011.79$210
Feb 2016012226.472.06$252
Jan 2016013127.352.36$310
Dec 2015012832.362.00$256
Nov 2015017638.792.17$381
Oct 2015014043.552.43$340
Sep 2015013842.992.76$381
Aug 2015014640.162.87$419
Jul 2015014048.152.95$412
Jun 201515711356.152.88$9,141
May 2015013755.212.96$405
Apr 2015014249.822.71$384
Mar 2015014742.892.93$431
Feb 2015014444.662.98$429
Jan 2015016443.433.10$509
Dec 2014016354.693.59$585
Nov 2014016070.464.25$680
Oct 2014015478.303.90$601
Sep 2014014286.164.05$574
Aug 2014015289.394.04$613
Jul 201416516296.564.18$16,610
Jun 2014016098.164.74$758
May 2014018094.734.73$851
Apr 2014018795.944.81$899
Mar 2014020195.895.06$1,016
Feb 2014018897.406.19$1,164
Jan 2014022190.404.86$1,074
Dec 201316722891.824.35$16,327
Nov 2013022288.853.74$830
Oct 2013022697.423.78$854
Sep 20130202104.113.72$751
Aug 20130225104.253.52$793
Jul 2013167277102.523.72$18,151
Jun 2013032694.403.93$1,282
May 2013041494.834.15$1,718
Apr 201316653393.964.28$17,880
Mar 2013047593.623.91$1,859

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 2016 — as filed, then multipliedworked
Oil                    0 bbl  × $ 33.01 =         $0
Casinghead gas       117 Mcf  × $  1.79 =       $210

────────────────────────────────────────────────────
Month total                                     $210

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/31201 is the state's own key, not one this site invented.