BARRETT "B"

Operated by HENRY PETROLEUM LP (P-5 378642) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12355District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$808 k
Jan 1993 – Jul 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
151
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition29,305 bbl$547,953
Casinghead gasProduction153,231 Mcf$259,735
Total$807,688

76,061 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 31.6383, -101.9555. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63832, -101.95548 · 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
8,600 ft
1 wells filed one
Completion to plug
17.5 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 8,600 ft.

Completions filed
Dec 1987
1 of 1 wells
Plug dates filed
Jun 2005
1 of 1 wells

Last completion to plug: a median of 17.5 years across the 1 well that filed both dates, with the middle half between 17.5 years and 17.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613266818,600 ftDec 1987Jun 2005Yes

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 (151)

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

151 months

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 200449038.286.08$1,876
Jun 20047470736.106.43$7,220
May 200410179737.486.49$8,962
Apr 200412556134.475.86$7,595
Mar 20047758134.365.53$5,859
Feb 20046855932.455.51$5,286
Jan 20049655532.036.30$6,571
Dec 20039055730.266.30$6,233
Nov 200313449628.804.60$6,138
Oct 20039955428.174.76$5,426
Sep 20036252126.314.75$4,106
Aug 20039754629.765.13$5,688
Jul 20038854629.415.17$5,411
Jun 20034548028.565.98$4,157
May 20039054526.595.97$5,648
Apr 200315056726.675.41$7,066
Mar 200311760831.146.10$7,350
Feb 20034360733.487.93$6,251
Jan 20038263130.315.58$6,008
Dec 200215163026.914.85$7,121
Nov 20023561324.664.14$3,399
Oct 20026751926.464.23$3,968
Sep 20024463827.443.64$3,527
Aug 20029039125.963.16$3,574
Jul 20023274924.583.06$3,080
Jun 200214479023.733.34$6,054
May 20028181324.663.58$4,911
Apr 200215179023.653.51$6,346
Mar 200217781022.003.10$6,407
Feb 20029580218.222.38$3,636
Jan 20024088417.172.38$2,787
Dec 200119779816.932.36$5,222
Nov 20018174518.072.41$3,256
Oct 200115782819.782.53$5,199
Sep 20018178624.262.25$3,735
Aug 20017987124.873.05$4,624
Jul 200115494723.933.20$6,713
Jun 200115889224.563.82$7,292
May 20017473025.524.31$5,033
Apr 200110369124.685.34$6,229
Mar 200110562024.545.38$5,910
Feb 200114363927.755.77$7,653
Jan 20017171227.478.40$7,930
Dec 200016177126.889.12$11,361
Nov 20009849532.215.66$5,957
Oct 200016281131.235.15$9,232
Sep 200016584731.875.19$9,652
Aug 200016596829.644.54$9,286
Jul 200012983428.534.09$7,091
Jun 200016787629.304.40$8,745
May 200016392427.263.68$7,843
Apr 200015789624.513.12$6,640
Mar 200012191228.422.86$6,047
Feb 200015885527.622.73$6,695
Jan 200013091425.272.48$5,552
Dec 199917595424.282.42$6,561
Nov 199911696323.192.43$5,034
Oct 199919078120.982.80$6,176
Sep 19991011,08021.752.62$5,025
Aug 19991411,12119.262.88$5,939
Jul 19991661,12617.892.37$5,641
Jun 199915685915.942.36$4,516
May 199918790115.792.32$5,044
Apr 19991751,22315.102.21$5,343
Mar 19991721,25812.471.84$4,457
Feb 19991391,1289.981.82$3,438
Jan 199912372110.381.90$2,647
Dec 19981276829.201.77$2,378
Nov 19981571,26710.892.19$4,479
Oct 19983401,39912.421.97$6,978
Sep 19981851,33112.592.08$5,101
Aug 19981591,35611.301.91$4,383
Jul 19981391,25611.742.24$4,442
Jun 19981001,27411.242.24$3,974
May 1998671,32712.622.21$3,773
Apr 19981611,22713.042.51$5,173
Mar 19981651,15312.802.31$4,775
Feb 19982101,00413.952.30$5,238
Jan 19981641,11714.702.15$4,818
Dec 19971821,02516.322.41$5,442
Nov 19972341,11418.193.09$7,697
Oct 199725979719.253.15$7,496
Sep 199715492417.742.95$5,462
Aug 19972601,01117.862.55$7,226
Jul 199715696917.582.25$4,920
Jun 199721695517.242.26$5,879
May 19971681,09918.972.31$5,724
Apr 19971951,08817.882.08$5,753
Mar 19972611,38118.951.94$7,624
Feb 19971761,07520.492.21$5,978
Jan 19972691,01523.483.54$9,909
Dec 19962491,16523.32$5,807
Nov 19962111,40521.97$4,636
Oct 19962181,74923.31$5,082
Sep 19962361,31022.22$5,244
Aug 19961871,67520.26$3,789
Jul 19963261,68819.55$6,373
Jun 19962371,55718.73$4,439
May 19962951,66319.43$5,732
Apr 19962001,56221.51$4,302
Mar 19963441,67719.38$6,667
Feb 19962581,55416.98$4,381
Jan 19962481,29617.07$4,233
Dec 19953321,75917.19$5,707
Nov 19953921,79816.00$6,272
Oct 19953151,51715.43$4,860
Sep 19952891,58416.18$4,676
Aug 19952911,67015.92$4,633
Jul 19953291,65715.24$5,014
Jun 19952791,37016.41$4,578
May 19953171,40817.56$5,567
Apr 19953491,17217.73$6,188
Mar 19952781,49816.44$4,570
Feb 19953481,86516.58$5,770
Jan 19953431,99115.92$5,461
Dec 19944271,95615.03$6,418
Nov 19944651,84915.90$7,394
Oct 19944471,96515.58$6,964
Sep 19944021,84115.29$6,147
Aug 19943881,62116.13$6,258
Jul 19942581,96117.56$4,530
Jun 19943541,94417.09$6,050
May 19943871,78415.88$6,146
Apr 19943591,82414.14$5,076
Mar 19943971,64312.46$4,947
Feb 19943741,64712.50$4,675
Jan 19944071,54712.66$5,153
Dec 19934231,41912.33$5,216
Nov 19933891,47414.49$5,637
Oct 19934621,61815.85$7,323
Sep 19934001,38715.03$6,012
Aug 19934251,65215.66$6,656
Jul 19934431,01215.46$6,849
Jun 19934381,41916.79$7,354
May 19935151,80317.68$9,105
Apr 19934211,18218.05$7,599
Mar 19935971,32718.14$10,830
Feb 19935071,27917.90$9,075
Jan 19934311,31716.93$7,297

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.

Jul 2004 — as filed, then multipliedworked
Oil                   49 bbl  × $ 38.28 =     $1,876
Casinghead gas         0 Mcf  × $  6.08 =         $0

────────────────────────────────────────────────────
Month total                                   $1,876

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/12355 is the state's own key, not one this site invented.