SPELLMAN UNIT

Operated by MARSHALL R. YOUNG OPERATING, LLC (P-5 527861) in the BLAIR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32140District 7BField 08685001OilCasinghead gasSaveExport
Value, all time
$462 k
Mar 2017 – Nov 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
69
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1950-04-21
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
OilDisposition7,573 bbl$399,127
Casinghead gasProduction21,096 Mcf$62,807
Total$461,934

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 32.4098, -100.0767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40985, -100.07673 · 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
5,497 ft
1 wells filed one
Completion to plug
5.3 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 5,497 ft.

Completions filed
Mar 2017
1 of 1 wells
Plug dates filed
Jun 2022
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4413453715,497 ftMar 2017Jun 2022Yes

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 (69)

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

69 months

Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021296077.435.24$22,919
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20211741366.024.22$11,542
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202105063.483.02$151
Apr 20210060.362.76$0
Mar 2021168061.302.72$10,298
Feb 20210057.805.55$0
Jan 202116398750.412.81$10,991
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020013437.091.99$267
Aug 2020327039.982.39$13,073
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020174014.751.80$2,567
Mar 2020340030.341.86$10,316
Feb 202002949.881.98$57
Jan 2020056357.252.09$1,179
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019156053.472.42$8,341
Sep 20190055.052.66$0
Aug 201916945453.112.30$10,022
Jul 201902156.272.46$52
Jun 201917546852.782.49$10,402
May 2019171058.482.74$10,000
Apr 2019048562.632.75$1,334
Mar 201917149856.803.06$11,238
Feb 2019045850.852.79$1,279
Jan 201918044546.033.23$9,722
Dec 201815159546.594.19$9,525
Nov 20180052.934.24$0
Oct 201817260461.443.40$12,620
Sep 2018066359.543.11$2,061
Aug 201817277759.403.07$12,600
Jul 201817287265.142.93$13,761
Jun 201805,44960.183.08$16,766
May 20183041,34265.382.90$23,768
Apr 20183461,44163.842.90$26,269
Mar 20183381,84461.222.79$25,831
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017338057.272.92$19,357
Nov 2017859055.423.12$47,606
Oct 20171,015049.292.98$50,029
Sep 201702,90447.523.09$8,965
Aug 2017875045.373.00$39,699
Jul 2017167043.873.09$7,326
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$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.

Nov 2021 — as filed, then multipliedworked
Oil                  296 bbl  × $ 77.43 =    $22,919
Casinghead gas         0 Mcf  × $  5.24 =         $0

────────────────────────────────────────────────────
Month total                                  $22,919

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/32140 is the state's own key, not one this site invented.