BRIGHT, ICY

Operated by CEDAR OIL COMPANY (P-5 140599) in the P. T. L. (MISSISSIPPIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10874District 7CField 68233500NGPA filingOilCasinghead gasSaveExport
Value, all time
$770 k
Jan 1993 – Oct 2012
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
238
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 6 leases and 8 wells, and the rule below applies to all of them.

Discovered
1984-04-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition43,227 bbl$769,531
Casinghead gasProduction20 Mcf$0
Total$769,531

20 Mcf of this lease's gas, across 20 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 32.0424, -99.7422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.04238, -99.74283 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,711 ft
3 wells filed one
Completion to plug
19.9 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 4,699 and 4,738 ft, median 4,711 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1984 – Mar 1985
3 of 3 wells
Plug dates filed
Jun 2004 – Jul 2011
3 of 3 wells

Last completion to plug: a median of 19.9 years across the 3 wells that filed both dates, with the middle half between 19.6 years and 23.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3993346134,711 ftMar 1985Jun 2004Yes
42-3993331324,738 ftSep 1984Jul 2011Yes
42-3993328214,699 ftAug 1984Jul 2004Yes

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 (238)

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

238 months

Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011477095.723.31$45,658
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
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 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002131023.733.34$3,109
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000169029.644.54$5,009
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000171027.263.68$4,661
Apr 20000024.513.12$0
Mar 2000183028.422.86$5,201
Feb 2000360027.622.73$9,943
Jan 2000533025.272.48$13,469
Dec 1999357024.282.42$8,668
Nov 1999719023.192.43$16,674
Oct 1999181020.982.80$3,797
Sep 1999357021.752.62$7,765
Aug 1999533019.262.88$10,266
Jul 1999502017.892.37$8,981
Jun 1999702015.942.36$11,190
May 1999358015.792.32$5,653
Apr 1999352015.102.21$5,315
Mar 1999530012.471.84$6,609
Feb 199935809.981.82$3,573
Jan 1999724010.381.90$7,515
Dec 199835209.201.77$3,238
Nov 1998547010.892.19$5,957
Oct 1998530012.421.97$6,583
Sep 1998535012.592.08$6,736
Aug 1998347011.301.91$3,921
Jul 1998525011.742.24$6,164
Jun 1998536011.242.24$6,025
May 1998169012.622.21$2,133
Apr 1998546013.042.51$7,120
Mar 1998349012.802.31$4,467
Feb 1998543013.952.30$7,575
Jan 1998350014.702.15$5,145
Dec 1997353016.322.41$5,761
Nov 1997360018.193.09$6,548
Oct 1997362019.253.15$6,969
Sep 1997527017.742.95$9,349
Aug 1997536017.862.55$9,573
Jul 1997532017.582.25$9,353
Jun 1997710017.242.26$12,240
May 1997530018.972.31$10,054
Apr 1997547017.882.08$9,780
Mar 1997531018.951.94$10,062
Feb 1997347020.492.21$7,110
Jan 1997699023.483.54$16,413
Dec 1996516023.32$12,033
Nov 1996337021.97$7,404
Oct 1996355023.31$8,275
Sep 1996346022.22$7,688
Aug 1996516020.26$10,454
Jul 1996355019.55$6,940
Jun 1996511018.73$9,571
May 1996395019.43$7,675
Apr 1996562021.51$12,089
Mar 1996561019.38$10,872
Feb 1996385016.98$6,537
Jan 1996575017.07$9,815
Dec 1995756017.19$12,996
Nov 1995582016.00$9,312
Oct 1995602015.43$9,289
Sep 1995570016.18$9,223
Aug 1995490015.92$7,801
Jul 1995550015.24$8,382
Jun 1995161016.41$2,642
May 1995536017.56$9,412
Apr 1995350017.73$6,206
Mar 1995545016.44$8,960
Feb 1995477016.58$7,909
Jan 1995519015.92$8,262
Dec 1994732015.03$11,002
Nov 1994163015.90$2,592
Oct 1994704015.58$10,968
Sep 1994741015.29$11,330
Aug 1994530116.13$8,549
Jul 1994710117.56$12,468
Jun 1994339117.09$5,794
May 1994522115.88$8,289
Apr 1994520114.14$7,353
Mar 1994531112.46$6,616
Feb 1994350112.50$4,375
Jan 1994347112.66$4,393
Dec 1993528112.33$6,510
Nov 1993357114.49$5,173
Oct 1993446115.85$7,069
Sep 1993494115.03$7,425
Aug 1993518115.66$8,112
Jul 1993533115.46$8,240
Jun 1993537116.79$9,016
May 1993522117.68$9,229
Apr 1993530118.05$9,567
Mar 1993542118.14$9,832
Feb 1993546117.90$9,773
Jan 1993873116.93$14,780

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 2011 — as filed, then multipliedworked
Oil                  477 bbl  × $ 95.72 =    $45,658
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                  $45,658

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/O/10874 is the state's own key, not one this site invented.