UNIT

Name: UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TKP PETROLEUM, INC. (P-5 860891) in the BYERS (GARDNER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12471District 7CField 14109500OilCasinghead gasSave Export

Value, all time

$342 k

Jan 1993 – Apr 2007

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

172

no gaps in the span

Streams

oil, casinghead gas

The BYERS (GARDNER) field

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 46 leases and 63 wells, and the rule below applies to all of them.

Discovered

1957-11-10

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

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 04/01/92.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	11,168 bbl	$227,440
Casinghead gas	Production	65,622 Mcf	$114,963
Total			$342,403

32,359 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 31.8087, -99.8667. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.80866, -99.86675 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,001 ft

1 wells filed one

Completion to plug

18.7 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 4,001 ft.

Completions filed

Jun 1988

1 of 1 wells

Plug dates filed

Feb 2007

1 of 1 wells

Last completion to plug: a median of 18.7 years across the 1 well that filed both dates, with the middle half between 18.7 years and 18.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39933930	1	4,001 ft	Jun 1988	Feb 2007	Yes

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 (172)

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

172 months


Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	56	0	69.37	6.34	$3,885
Jun 2006	0	29	66.28	6.38	$185
May 2006	0	19	66.01	6.42	$122
Apr 2006	0	13	64.39	7.36	$96
Mar 2006	0	12	56.70	7.08	$85
Feb 2006	0	9	57.59	7.75	$70
Jan 2006	0	12	60.59	8.93	$107
Dec 2005	0	11	54.94	13.42	$148
Nov 2005	0	11	54.69	10.59	$116
Oct 2005	0	40	58.34	13.80	$552
Sep 2005	0	33	61.45	12.08	$399
Aug 2005	0	45	61.51	9.80	$441
Jul 2005	0	29	55.69	7.84	$227
Jun 2005	0	81	52.33	7.38	$598
May 2005	0	104	45.22	6.65	$692
Apr 2005	0	26	49.20	7.36	$191
Mar 2005	0	103	50.37	7.15	$737
Feb 2005	0	75	45.22	6.31	$473
Jan 2005	0	82	43.16	6.32	$518
Dec 2004	0	216	39.86	6.75	$1,458
Nov 2004	0	44	45.28	6.33	$279
Oct 2004	0	23	49.70	6.52	$150
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	65	42.37	5.55	$361
Jul 2004	0	319	38.28	6.08	$1,941
Jun 2004	0	95	36.10	6.43	$611
May 2004	0	123	37.48	6.49	$799
Apr 2004	0	118	34.47	5.86	$691
Mar 2004	0	117	34.36	5.53	$647
Feb 2004	0	114	32.45	5.51	$628
Jan 2004	0	150	32.03	6.30	$945
Dec 2003	127	208	30.26	6.30	$5,154
Nov 2003	0	215	28.80	4.60	$988
Oct 2003	183	217	28.17	4.76	$6,188
Sep 2003	0	189	26.31	4.75	$898
Aug 2003	182	212	29.76	5.13	$6,504
Jul 2003	0	208	29.41	5.17	$1,076
Jun 2003	170	215	28.56	5.98	$6,142
May 2003	178	238	26.59	5.97	$6,155
Apr 2003	0	262	26.67	5.41	$1,417
Mar 2003	172	219	31.14	6.10	$6,691
Feb 2003	0	250	33.48	7.93	$1,981
Jan 2003	60	259	30.31	5.58	$3,264
Dec 2002	178	260	26.91	4.85	$6,052
Nov 2002	0	283	24.66	4.14	$1,171
Oct 2002	171	313	26.46	4.23	$5,848
Sep 2002	0	299	27.44	3.64	$1,087
Aug 2002	148	300	25.96	3.16	$4,791
Jul 2002	0	336	24.58	3.06	$1,029
Jun 2002	147	303	23.73	3.34	$4,500
May 2002	0	325	24.66	3.58	$1,165
Apr 2002	148	319	23.65	3.51	$4,621
Mar 2002	0	319	22.00	3.10	$990
Feb 2002	169	289	18.22	2.38	$3,766
Jan 2002	0	295	17.17	2.38	$701
Dec 2001	145	295	16.93	2.36	$3,152
Nov 2001	0	274	18.07	2.41	$659
Oct 2001	159	270	19.78	2.53	$3,828
Sep 2001	0	298	24.26	2.25	$671
Aug 2001	116	353	24.87	3.05	$3,963
Jul 2001	0	372	23.93	3.20	$1,189
Jun 2001	90	349	24.56	3.82	$3,545
May 2001	0	333	25.52	4.31	$1,434
Apr 2001	117	320	24.68	5.34	$4,595
Mar 2001	0	319	24.54	5.38	$1,715
Feb 2001	0	296	27.75	5.77	$1,707
Jan 2001	231	292	27.47	8.40	$8,798
Dec 2000	0	276	26.88	9.12	$2,518
Nov 2000	107	272	32.21	5.66	$4,985
Oct 2000	0	322	31.23	5.15	$1,657
Sep 2000	172	349	31.87	5.19	$7,292
Aug 2000	0	365	29.64	4.54	$1,657
Jul 2000	115	389	28.53	4.09	$4,872
Jun 2000	171	365	29.30	4.40	$6,615
May 2000	116	345	27.26	3.68	$4,432
Apr 2000	0	380	24.51	3.12	$1,184
Mar 2000	98	397	28.42	2.86	$3,920
Feb 2000	0	335	27.62	2.73	$913
Jan 2000	167	356	25.27	2.48	$5,103
Dec 1999	0	390	24.28	2.42	$945
Nov 1999	138	438	23.19	2.43	$4,266
Oct 1999	0	369	20.98	2.80	$1,035
Sep 1999	0	364	21.75	2.62	$953
Aug 1999	137	367	19.26	2.88	$3,694
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	168	364	15.94	2.36	$3,538
May 1999	0	375	15.79	2.32	$870
Apr 1999	113	358	15.10	2.21	$2,497
Mar 1999	0	343	12.47	1.84	$631
Feb 1999	0	359	9.98	1.82	$653
Jan 1999	112	427	10.38	1.90	$1,974
Dec 1998	0	422	9.20	1.77	$748
Nov 1998	0	469	10.89	2.19	$1,025
Oct 1998	131	514	12.42	1.97	$2,639
Sep 1998	0	523	12.59	2.08	$1,089
Aug 1998	0	564	11.30	1.91	$1,076
Jul 1998	165	596	11.74	2.24	$3,271
Jun 1998	0	535	11.24	2.24	$1,197
May 1998	0	583	12.62	2.21	$1,286
Apr 1998	161	284	13.04	2.51	$2,811
Mar 1998	0	687	12.80	2.31	$1,587
Feb 1998	182	504	13.95	2.30	$3,698
Jan 1998	0	622	14.70	2.15	$1,340
Dec 1997	163	591	16.32	2.41	$4,085
Nov 1997	0	578	18.19	3.09	$1,785
Oct 1997	178	588	19.25	3.15	$5,279
Sep 1997	0	556	17.74	2.95	$1,643
Aug 1997	0	594	17.86	2.55	$1,518
Jul 1997	141	576	17.58	2.25	$3,773
Jun 1997	0	149	17.24	2.26	$336
May 1997	157	528	18.97	2.31	$4,197
Apr 1997	0	528	17.88	2.08	$1,100
Mar 1997	154	659	18.95	1.94	$4,196
Feb 1997	0	522	20.49	2.21	$1,151
Jan 1997	177	564	23.48	3.54	$6,152
Dec 1996	0	594	23.32	—	$0
Nov 1996	152	728	21.97	—	$3,339
Oct 1996	0	562	23.31	—	$0
Sep 1996	174	510	22.22	—	$3,866
Aug 1996	0	544	20.26	—	$0
Jul 1996	141	578	19.55	—	$2,757
Jun 1996	0	578	18.73	—	$0
May 1996	117	534	19.43	—	$2,273
Apr 1996	83	483	21.51	—	$1,785
Mar 1996	163	509	19.38	—	$3,159
Feb 1996	0	497	16.98	—	$0
Jan 1996	135	556	17.07	—	$2,304
Dec 1995	155	311	17.19	—	$2,664
Nov 1995	0	312	16.00	—	$0
Oct 1995	137	625	15.43	—	$2,114
Sep 1995	176	537	16.18	—	$2,848
Aug 1995	0	570	15.92	—	$0
Jul 1995	160	602	15.24	—	$2,438
Jun 1995	0	42	16.41	—	$0
May 1995	113	414	17.56	—	$1,984
Apr 1995	143	789	17.73	—	$2,535
Mar 1995	158	832	16.44	—	$2,598
Feb 1995	0	708	16.58	—	$0
Jan 1995	147	759	15.92	—	$2,340
Dec 1994	75	798	15.03	—	$1,127
Nov 1994	177	723	15.90	—	$2,814
Oct 1994	163	653	15.58	—	$2,540
Sep 1994	0	644	15.29	—	$0
Aug 1994	124	639	16.13	—	$2,000
Jul 1994	176	916	17.56	—	$3,091
Jun 1994	0	725	17.09	—	$0
May 1994	150	894	15.88	—	$2,382
Apr 1994	162	801	14.14	—	$2,291
Mar 1994	0	939	12.46	—	$0
Feb 1994	176	781	12.50	—	$2,200
Jan 1994	177	840	12.66	—	$2,241
Dec 1993	153	749	12.33	—	$1,886
Nov 1993	0	789	14.49	—	$0
Oct 1993	129	930	15.85	—	$2,045
Sep 1993	139	874	15.03	—	$2,089
Aug 1993	126	806	15.66	—	$1,973
Jul 1993	51	684	15.46	—	$788
Jun 1993	146	869	16.79	—	$2,451
May 1993	266	824	17.68	—	$4,703
Apr 1993	179	786	18.05	—	$3,231
Mar 1993	0	866	18.14	—	$0
Feb 1993	122	766	17.90	—	$2,184
Jan 1993	153	889	16.93	—	$2,590

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 2006 — as filed, then multipliedworked

Oil                   56 bbl  × $ 69.37 =     $3,885
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                   $3,885

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/12471 is the state's own key, not one this site invented.