MENZIES, ALEX

Operated by FLAG ENERGY, LLC (P-5 271582) in the WILHELM LANE (STRAWN 3300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12712District 7CField 97429800OilCasinghead gasSaveExport
Value, all time
$309 k
Jan 1993 – Mar 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
279
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1961-04-02
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
OilDisposition16,062 bbl$308,499
Casinghead gasProduction4,906 Mcf$669
Total$309,168

4,717 Mcf of this lease's gas, across 45 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 31.0419, -99.9574. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.04191, -99.95744 · 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
3,790 ft
2 wells filed one
Completion to plug
25.1 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 3,700 and 3,880 ft, median 3,790 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1989 – Oct 1989
2 of 2 wells
Plug dates filed
Apr 2013 – Feb 2016
2 of 2 wells

Last completion to plug: a median of 25.1 years across the 2 wells that filed both dates, with the middle half between 24.4 years and 25.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-327306945 C3,700 ftOct 1989Feb 2016Yes
42-327306879 A3,880 ftJul 1989Apr 2013Yes

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 (279)

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

279 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
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 20110095.723.31$0
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 2009245054.743.93$13,411
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 20020023.733.34$0
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 2001175019.782.53$3,462
Sep 2001174024.262.25$4,221
Aug 2001345024.873.05$8,580
Jul 2001166023.933.20$3,972
Jun 2001171024.563.82$4,200
May 2001165025.524.31$4,211
Apr 2001337024.685.34$8,317
Mar 2001329024.545.38$8,074
Feb 20010027.755.77$0
Jan 2001363027.478.40$9,972
Dec 2000332026.889.12$8,924
Nov 20000032.215.66$0
Oct 2000147031.235.15$4,591
Sep 2000339031.875.19$10,804
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000168029.304.40$4,922
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999182024.282.42$4,419
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999167021.752.62$3,632
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 1999168015.942.36$2,678
May 19990015.792.32$0
Apr 1999173015.102.21$2,612
Mar 1999164012.471.84$2,045
Feb 1999009.981.82$0
Jan 1999181010.381.90$1,879
Dec 199817909.201.77$1,647
Nov 19980010.892.19$0
Oct 1998166012.421.97$2,062
Sep 1998176012.592.08$2,216
Aug 19980011.301.91$0
Jul 1998177011.742.24$2,078
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998317012.802.31$4,058
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997167017.742.95$2,963
Aug 1997185017.862.55$3,304
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997176018.972.31$3,339
Apr 19970017.882.08$0
Mar 1997176018.951.94$3,335
Feb 1997375020.492.21$7,684
Jan 1997018923.483.54$669
Dec 1996029423.32$0
Nov 199616638221.97$3,647
Oct 199616316623.31$3,800
Sep 199615144222.22$3,355
Aug 199615058020.26$3,039
Jul 19961643919.55$3,206
Jun 1996306018.73$5,731
May 19969027619.43$1,749
Apr 199634012521.51$7,313
Mar 199615217419.38$2,946
Feb 19960016.98$0
Jan 199632823417.07$5,599
Dec 199517029617.19$2,922
Nov 199533048716.00$5,280
Oct 199543115.43$663
Sep 199529755816.18$4,805
Aug 19950015.92$0
Jul 1995026415.24$0
Jun 1995037016.41$0
May 1995335117.56$5,883
Apr 1995163117.73$2,890
Mar 1995169116.44$2,778
Feb 1995338116.58$5,604
Jan 1995291115.92$4,633
Dec 1994168115.03$2,525
Nov 1994170115.90$2,703
Oct 1994339115.58$5,282
Sep 19940115.29$0
Aug 1994475116.13$7,662
Jul 19940117.56$0
Jun 1994161117.09$2,751
May 1994159115.88$2,525
Apr 1994329114.14$4,652
Mar 19940112.46$0
Feb 1994165112.50$2,063
Jan 1994154112.66$1,950
Dec 199393112.33$1,147
Nov 1993469114.49$6,796
Oct 1993341115.85$5,405
Sep 1993158115.03$2,375
Aug 19930115.66$0
Jul 1993338115.46$5,225
Jun 1993168116.79$2,821
May 1993311117.68$5,498
Apr 1993341118.05$6,155
Mar 1993339118.14$6,149
Feb 1993315117.90$5,639
Jan 1993338116.93$5,722

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.

May 2009 — as filed, then multipliedworked
Oil                  245 bbl  × $ 54.74 =    $13,411
Casinghead gas         0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                  $13,411

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/12712 is the state's own key, not one this site invented.