MERTZ UNIVERSITY 24

Operated by EASTLAND OIL COMPANY, THE (P-5 239725) in the OZONA, NE. (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194031District 7CField 67998075CondensateGasSaveExport
Value, all time
$266 k
Dec 2002 – Aug 2009
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
81
no gaps in the span
Streams
2
condensate, 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 800 leases and 804 wells, and the rule below applies to all of them.

Discovered
1995-10-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-02-27.

The Commission's schedule remark for this field reads: 38. DOCKET 7C-0214353 EFF 2/27/97 SIGNED 2/4/97

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
CondensateDisposition281 bbl$20,191
GasProduction35,669 Mcf$245,561
Total$265,752

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 30.8778, -100.9503. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.87780, -100.95027 · 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
7,661 ft
1 wells filed one
Completion to plug
6.5 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 7,661 ft.

Completions filed
Dec 2002
1 of 1 wells
Plug dates filed
Jun 2009
1 of 1 wells

Last completion to plug: a median of 6.5 years across the 1 well that filed both dates, with the middle half between 6.5 years and 6.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133031117,661 ftDec 2002Jun 2009Yes

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 (81)

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

81 months

Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200914066.163.90$926
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200801337.105.98$78
Nov 2008041355.496.86$2,833
Oct 2008047675.246.92$3,295
Sep 20080108101.767.88$851
Aug 2008109288114.228.48$14,893
Jul 20080291131.0811.39$3,314
Jun 20080306131.3313.03$3,988
May 20080284123.1711.57$3,287
Apr 20080300110.3110.45$3,136
Mar 20080272101.909.66$2,629
Feb 2008029392.538.77$2,570
Jan 2008028290.388.21$2,314
Dec 2007030888.337.30$2,249
Nov 2007028991.677.29$2,107
Oct 2007030182.856.92$2,084
Sep 2007021075.846.24$1,311
Aug 200704269.066.39$268
Jul 2007038170.906.39$2,434
Jun 2007030162.007.55$2,272
May 2007030858.747.85$2,417
Apr 2007033959.617.81$2,646
Mar 2007035956.927.30$2,621
Feb 2007032655.108.22$2,678
Jan 2007037650.306.73$2,529
Dec 2006038356.656.92$2,650
Nov 2006049754.207.62$3,786
Oct 2006041354.906.01$2,484
Sep 2006046260.085.04$2,327
Aug 2006063168.717.34$4,631
Jul 2006052569.376.34$3,330
Jun 2006063966.286.38$4,079
May 2006068066.016.42$4,369
Apr 2006052164.397.36$3,835
Mar 2006043456.707.08$3,074
Feb 2006037957.597.75$2,938
Jan 2006048160.598.93$4,297
Dec 2005042754.9413.42$5,728
Nov 2005042554.6910.59$4,500
Oct 2005042058.3413.80$5,794
Sep 2005058161.4512.08$7,018
Aug 20050061.519.80$0
Jul 2005055055.697.84$4,314
Jun 2005041852.337.38$3,085
May 2005057745.226.65$3,838
Apr 2005054849.207.36$4,034
Mar 2005046150.377.15$3,298
Feb 2005037145.226.31$2,342
Jan 2005056243.166.32$3,553
Dec 2004063439.866.75$4,280
Nov 2004047845.286.33$3,026
Oct 2004067449.706.52$4,391
Sep 200415539843.245.28$8,805
Aug 2004068942.375.55$3,824
Jul 2004063238.286.08$3,845
Jun 2004061936.106.43$3,982
May 2004359937.486.49$4,003
Apr 2004062634.475.86$3,667
Mar 2004082634.365.53$4,568
Feb 2004060032.455.51$3,306
Jan 2004091632.036.30$5,770
Dec 2003093630.266.30$5,898
Nov 2003072628.804.60$3,336
Oct 2003085428.174.76$4,065
Sep 2003081626.314.75$3,875
Aug 2003097829.765.13$5,017
Jul 2003090929.415.17$4,700
Jun 2003099328.565.98$5,941
May 200301,23226.595.97$7,358
Apr 200301,24926.675.41$6,754
Mar 200301,03431.146.10$6,303
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$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.

Jun 2009 — as filed, then multipliedworked
Condensate            14 bbl  × $ 66.16 =       $926
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                     $926

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. 7C/G/194031 is the state's own key, not one this site invented.