PROBANDT "55"

Operated by UNIT PETROLEUM COMPANY (P-5 877099) in the PROBANDT (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11808District 7CField 73243500NGPA filingOilCasinghead gasSaveExport
Value, all time
$278 k
Jan 1993 – May 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
185
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 126 leases and 180 wells, and the rule below applies to all of them.

Discovered
1975-02-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1983-09-26.

The Commission's schedule remark for this field reads: FIELD RULES EFF. 9/26/83 PER DKT 7C-79,619 NET GOR 750

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
NGPA1none

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
OilDisposition7,343 bbl$130,495
Casinghead gasProduction113,323 Mcf$147,366
Total$277,861

64,554 Mcf of this lease's gas, across 48 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 (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 31.5410, -101.0439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54100, -101.04392 · 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
7,295 ft
1 wells filed one
Completion to plug
22.1 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 7,295 ft.

Completions filed
Feb 1986
1 of 1 wells
Plug dates filed
Mar 2008
1 of 1 wells

Last completion to plug: a median of 22.1 years across the 1 well that filed both dates, with the middle half between 22.1 years and 22.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4513165717,295 ftFeb 1986Mar 2008Yes

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 (185)

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

185 months

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 200209623.733.34$320
May 2002035924.663.58$1,287
Apr 2002035423.653.51$1,243
Mar 2002033422.003.10$1,036
Feb 2002020318.222.38$482
Jan 2002023617.172.38$561
Dec 2001012316.932.36$291
Nov 2001030118.072.41$724
Oct 2001032219.782.53$814
Sep 2001031724.262.25$714
Aug 2001018124.873.05$553
Jul 200118542423.933.20$5,783
Jun 2001065424.563.82$2,501
May 2001077725.524.31$3,347
Apr 2001081224.685.34$4,332
Mar 200118871224.545.38$8,442
Feb 2001058727.755.77$3,385
Jan 2001066327.478.40$5,568
Dec 2000065326.889.12$5,957
Nov 200017967632.215.66$9,590
Oct 2000068831.235.15$3,540
Sep 2000069231.875.19$3,589
Aug 2000065229.644.54$2,961
Jul 200018881228.534.09$8,685
Jun 2000078629.304.40$3,456
May 2000075627.263.68$2,782
Apr 200018375024.513.12$6,822
Mar 2000076128.422.86$2,176
Feb 2000076427.622.73$2,083
Jan 2000090925.272.48$2,255
Dec 199917780124.282.42$6,239
Nov 1999062823.192.43$1,529
Oct 1999064920.982.80$1,820
Sep 1999059421.752.62$1,556
Aug 1999067619.262.88$1,944
Jul 199917780617.892.37$5,079
Jun 1999077315.942.36$1,826
May 199916973815.792.32$4,381
Apr 1999069015.102.21$1,524
Mar 1999071212.471.84$1,309
Feb 19991877069.981.82$3,150
Jan 1999082310.381.90$1,564
Dec 199809349.201.77$1,656
Nov 199818394010.892.19$4,047
Oct 1998098612.421.97$1,942
Sep 1998098712.592.08$2,056
Aug 199801,16511.301.91$2,222
Jul 19981761,18911.742.24$4,726
Jun 1998089311.242.24$1,998
May 1998096212.622.21$2,123
Apr 19981791,02213.042.51$4,895
Mar 199801,01512.802.31$2,344
Feb 1998095513.952.30$2,196
Jan 199801,05814.702.15$2,280
Dec 19971791,02016.322.41$5,381
Nov 199701,01818.193.09$3,144
Oct 199701,09019.253.15$3,433
Sep 19971791,12817.742.95$6,509
Aug 199701,20717.862.55$3,084
Jul 199701,24617.582.25$2,800
Jun 19971781,21117.242.26$5,802
May 199701,10018.972.31$2,539
Apr 1997046117.882.08$960
Mar 1997068718.951.94$1,332
Feb 199718741620.492.21$4,749
Jan 199701,12923.483.54$3,996
Dec 19961821,08423.32$4,244
Nov 199601,03621.97$0
Oct 199601,23223.31$0
Sep 199601,23022.22$0
Aug 19961781,32120.26$3,606
Jul 199601,29019.55$0
Jun 19961781,26418.73$3,334
May 199601,31519.43$0
Apr 19961871,25821.51$4,022
Mar 199601,33319.38$0
Feb 199601,23916.98$0
Jan 19961821,18717.07$3,107
Dec 19951811,29517.19$3,111
Nov 199501,29216.00$0
Oct 199501,35015.43$0
Sep 19951741,41316.18$2,815
Aug 199501,44215.92$0
Jul 19951801,50715.24$2,743
Jun 199501,46116.41$0
May 19951741,50317.56$3,055
Apr 199501,32517.73$0
Mar 19951801,49016.44$2,959
Feb 19951811,32416.58$3,001
Jan 199501,52515.92$0
Dec 19941731,45415.03$2,600
Nov 19941751,48315.90$2,783
Oct 199401,69715.58$0
Sep 19941761,70815.29$2,691
Aug 199401,80216.13$0
Jul 19941701,67017.56$2,985
Jun 199401,14217.09$0
May 19941761,27315.88$2,795
Apr 199401,15714.14$0
Mar 19941711,34912.46$2,131
Feb 199401,20512.50$0
Jan 19941771,37312.66$2,241
Dec 19931741,39412.33$2,145
Nov 199301,22414.49$0
Oct 199301,08015.85$0
Sep 19931811,12015.03$2,720
Aug 199301,29115.66$0
Jul 19931701,49015.46$2,628
Jun 19931841,32516.79$3,089
May 199301,39517.68$0
Apr 19931791,38618.05$3,231
Mar 19931781,30318.14$3,229
Feb 199301,23617.90$0
Jan 19931881,28116.93$3,183

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 2002 — as filed, then multipliedworked
Oil                    0 bbl  × $ 23.73 =         $0
Casinghead gas        96 Mcf  × $  3.34 =       $320

────────────────────────────────────────────────────
Month total                                     $320

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/11808 is the state's own key, not one this site invented.