SIMCIK

Operated by FIVE RESOURCES, INC. (V) (P-5 271383) in the NINE MILE CREEK (CISCO 4100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11977District 7CField 65516250OilCasinghead gasSaveExport
Value, all time
$53 k
Jan 1993 – Jul 1997
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
55
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 2 wells, and the rule below applies to all of them.

Discovered
1986-07-20
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
OilDisposition3,152 bbl$52,528
Casinghead gasProduction256 Mcf$0
Total$52,528

256 Mcf of this lease's gas, across 44 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 (2)

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 31.2827, -100.3765. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.28267, -100.37654 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,521 ft
2 wells filed one
Completion to plug
6.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,042 and 6,000 ft, median 5,521 ft, over the 2 wells that filed a depth.

Completions filed
May 1986 – Sep 1986
2 of 2 wells
Plug dates filed
Jan 1989 – Mar 1997
2 of 2 wells

Last completion to plug: a median of 6.6 years across the 2 wells that filed both dates, with the middle half between 4.5 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4513174535,042 ftSep 1986Jan 1989Yes
42-4513171116,000 ftMay 1986Mar 1997Yes

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 (55)

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

55 months

Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 199722018.951.94$417
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 1996179022.22$3,977
Aug 19960320.26$0
Jul 19960219.55$0
Jun 19960318.73$0
May 1996172419.43$3,342
Apr 19960321.51$0
Mar 1996186119.38$3,605
Feb 19960316.98$0
Jan 19960417.07$0
Dec 1995174517.19$2,991
Nov 19950416.00$0
Oct 1995173315.43$2,669
Sep 19950216.18$0
Aug 19950215.92$0
Jul 19950215.24$0
Jun 19950216.41$0
May 19950317.56$0
Apr 19950417.73$0
Mar 1995176316.44$2,893
Feb 19950416.58$0
Jan 1995173515.92$2,754
Dec 19940515.03$0
Nov 19940415.90$0
Oct 1994166515.58$2,586
Sep 19940415.29$0
Aug 1994173516.13$2,790
Jul 19940617.56$0
Jun 1994167717.09$2,854
May 19940615.88$0
Apr 1994172514.14$2,432
Mar 19940312.46$0
Feb 1994173712.50$2,163
Jan 19940812.66$0
Dec 199301012.33$0
Nov 19931711114.49$2,478
Oct 19930815.85$0
Sep 1993169915.03$2,540
Aug 19930815.66$0
Jul 19931791015.46$2,767
Jun 19931721216.79$2,888
May 199301417.68$0
Apr 19931741218.05$3,141
Mar 199301218.14$0
Feb 19931811117.90$3,240
Jan 199301216.93$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.

Mar 1997 — as filed, then multipliedworked
Oil                   22 bbl  × $ 18.95 =       $417
Casinghead gas         0 Mcf  × $  1.94 =         $0

────────────────────────────────────────────────────
Month total                                     $417

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/11977 is the state's own key, not one this site invented.