ELDORADO

Operated by VERDAD OIL & GAS CORPORATION (P-5 884572) in the VELREX (HENDERSON UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13401District 7CField 93410710NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Apr 2020
Value, last 12 filed months
$110
at the published price for each month
Months reported
328
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 34 leases and 53 wells, and the rule below applies to all of them.

Discovered
1964-12-19
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
550 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/98.

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
OilDisposition22,617 bbl$811,361
Casinghead gasProduction181,642 Mcf$372,282
Total$1,183,643

92,159 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 31.0352, -100.6752. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.03521, -100.67516 · 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
6,800 ft
1 wells filed one
Completion to plug
26.8 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 6,800 ft.

Completions filed
Jan 1993
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133182026,800 ftJan 1993Oct 2019Yes

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 (328)

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

328 months

Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20192055.052.66$110
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016149042.492.64$6,331
Oct 201603946.193.09$121
Sep 20160041.553.10$0
Aug 201604341.442.92$126
Jul 2016019041.622.92$556
Jun 2016033445.352.69$897
May 2016035742.521.99$711
Apr 2016034536.561.99$687
Mar 201617936533.011.79$6,564
Feb 2016035626.472.06$735
Jan 2016036927.352.36$872
Dec 201517036232.362.00$6,226
Nov 2015036038.792.17$780
Oct 2015238343.552.43$1,016
Sep 2015034542.992.76$952
Aug 2015028940.162.87$830
Jul 201517638748.152.95$9,614
Jun 2015237956.152.88$1,205
May 2015139555.212.96$1,223
Apr 201518138449.822.71$10,057
Mar 2015039742.892.93$1,165
Feb 2015036344.662.98$1,080
Jan 201517738343.433.10$8,875
Dec 2014040054.693.59$1,437
Nov 2014039170.464.25$1,662
Oct 2014041178.303.90$1,603
Sep 201418439986.164.05$17,468
Aug 2014042089.394.04$1,695
Jul 2014342396.564.18$2,058
Jun 2014141398.164.74$2,054
May 201418840494.734.73$19,719
Apr 2014040495.944.81$1,943
Mar 2014126195.895.06$1,416
Feb 2014137997.406.19$2,444
Jan 201419043390.404.86$19,281
Dec 2013040191.824.35$1,746
Nov 2013033188.853.74$1,237
Oct 201319241597.423.78$20,273
Sep 20130202104.113.72$751
Aug 20131405104.253.52$1,531
Jul 2013184417102.523.72$20,414
Jun 2013341094.403.93$1,896
May 2013027094.834.15$1,120
Apr 2013136293.964.28$1,644
Mar 201318821093.623.91$18,422
Feb 2013016691.233.42$568
Jan 2013133491.603.42$1,234
Dec 2012138886.773.42$1,414
Nov 2012035486.953.62$1,283
Oct 201218921289.383.40$17,614
Sep 2012122994.672.92$763
Aug 2012231892.662.91$1,110
Jul 201218430985.133.02$16,597
Jun 2012126779.822.52$752
May 2012227991.612.49$877
Apr 20121267101.652.00$635
Mar 2012194336105.052.22$21,126
Feb 20120349101.102.57$897
Jan 2012236198.092.73$1,183
Dec 2011129596.873.24$1,053
Nov 2011110195.723.31$430
Oct 20111084.983.65$85
Sep 20110083.623.99$0
Aug 2011149783.404.15$12,456
Jul 2011117694.144.52$889
Jun 2011027592.904.64$1,276
May 2011028898.134.40$1,269
Apr 20112285105.964.33$1,447
Mar 201119330096.364.06$19,815
Feb 2011027185.644.18$1,133
Jan 2011129786.504.59$1,449
Dec 201019529785.734.35$18,009
Nov 2010029180.843.80$1,104
Oct 2010030378.103.51$1,063
Sep 2010029172.633.98$1,158
Aug 2010030173.684.42$1,330
Jul 201017629972.554.74$14,185
Jun 2010028770.364.91$1,409
May 2010130471.124.24$1,359
Apr 201018629381.694.12$16,402
Mar 2010030078.394.39$1,317
Feb 2010127073.585.44$1,543
Jan 2010030074.365.96$1,789
Dec 200918831771.445.48$15,169
Nov 2009024674.593.75$923
Oct 2009028672.544.11$1,176
Sep 2009128265.543.06$930
Aug 200918729967.423.22$13,570
Jul 2009029661.133.46$1,025
Jun 2009029166.163.90$1,133
May 2009130054.743.93$1,232
Apr 20099628646.773.59$5,516
Mar 200918029642.144.06$8,787
Feb 2009025932.814.63$1,200
Jan 2009028035.865.37$1,504
Dec 2008128437.105.98$1,735
Nov 200818727355.496.86$12,250
Oct 2008128575.246.92$2,048
Sep 20080222101.767.88$1,749
Aug 20080288114.228.48$2,443
Jul 2008177292131.0811.39$26,527
Jun 20080281131.3313.03$3,662
May 20080293123.1711.57$3,391
Apr 2008183283110.3110.45$23,145
Mar 20080268101.909.66$2,590
Feb 2008026592.538.77$2,324
Jan 200818929990.388.21$19,535
Dec 2007029788.337.30$2,169
Nov 2007029091.677.29$2,115
Oct 2007030282.856.92$2,090
Sep 200719029675.846.24$16,258
Aug 2007031369.066.39$1,999
Jul 2007030970.906.39$1,974
Jun 200718730062.007.55$13,859
May 2007031558.747.85$2,472
Apr 2007029659.617.81$2,310
Mar 2007030456.927.30$2,220
Feb 200719427755.108.22$12,965
Jan 2007130250.306.73$2,082
Dec 2006030656.656.92$2,117
Nov 2006030054.207.62$2,285
Oct 200618731254.906.01$12,143
Sep 2006030060.085.04$1,511
Aug 2006031068.717.34$2,275
Jul 200617929269.376.34$14,269
Jun 2006021166.286.38$1,347
May 2006031466.016.42$2,017
Apr 200616730264.397.36$12,976
Mar 2006030756.707.08$2,174
Feb 2006021257.597.75$1,643
Jan 200605060.598.93$447
Dec 200516928754.9413.42$13,135
Nov 2005028954.6910.59$3,060
Oct 2005031258.3413.80$4,304
Sep 200518029761.4512.08$14,648
Aug 2005031261.519.80$3,057
Jul 2005030055.697.84$2,353
Jun 200517829452.337.38$11,485
May 2005030045.226.65$1,995
Apr 2005030049.207.36$2,208
Mar 200517728850.377.15$10,976
Feb 2005027345.226.31$1,723
Jan 2005129443.166.32$1,902
Dec 200417927339.866.75$8,978
Nov 2004027245.286.33$1,722
Oct 2004025849.706.52$1,681
Sep 200417826343.245.28$9,086
Aug 2004026742.375.55$1,482
Jul 2004226338.286.08$1,677
Jun 200417623336.106.43$7,852
May 2004028837.486.49$1,870
Apr 2004026234.475.86$1,535
Mar 200418131534.365.53$7,961
Feb 2004030532.455.51$1,680
Jan 2004232332.036.30$2,099
Dec 200317931430.266.30$7,395
Nov 2003129128.804.60$1,366
Oct 200318110028.174.76$5,575
Sep 20031026.314.75$26
Aug 2003010229.765.13$523
Jul 200318220229.415.17$6,397
Jun 2003027728.565.98$1,657
May 2003332226.595.97$2,003
Apr 200318029726.675.41$6,407
Mar 2003127031.146.10$1,677
Feb 2003029433.487.93$2,330
Jan 200318334930.315.58$7,495
Dec 2002035126.914.85$1,704
Nov 200218132924.664.14$5,825
Oct 2002135826.464.23$1,540
Sep 2002032127.443.64$1,167
Aug 200218136225.963.16$5,844
Jul 2002037224.583.06$1,139
Jun 2002134823.733.34$1,185
May 200217737224.663.58$5,698
Apr 2002135823.653.51$1,281
Mar 200218137122.003.10$5,133
Feb 2002033518.222.38$796
Jan 2002036917.172.38$877
Dec 200117937016.932.36$3,905
Nov 2001136018.072.41$884
Oct 200117338619.782.53$4,398
Sep 2001036024.262.25$810
Aug 2001039824.873.05$1,215
Jul 200117739023.933.20$5,482
Jun 2001140324.563.82$1,566
May 200118141925.524.31$6,424
Apr 2001141524.685.34$2,239
Mar 2001042824.545.38$2,301
Feb 200116438527.755.77$6,771
Jan 2001043227.478.40$3,628
Dec 200017643526.889.12$8,699
Nov 2000040332.215.66$2,280
Oct 200018943231.235.15$8,125
Sep 2000042831.875.19$2,220
Aug 200017841529.644.54$7,160
Jul 2000143028.534.09$1,787
Jun 200017544729.304.40$7,093
May 2000046327.263.68$1,704
Apr 2000044424.513.12$1,384
Mar 200017747128.422.86$6,377
Feb 200018045627.622.73$6,215
Jan 2000049625.272.48$1,230
Dec 199918150524.282.42$5,619
Nov 1999049323.192.43$1,200
Oct 199917151120.982.80$5,020
Sep 199917357621.752.62$5,271
Aug 199917727219.262.88$4,191
Jul 199917950917.892.37$4,410
Jun 199917943315.942.36$3,876
May 1999016015.792.32$371
Apr 1999038015.102.21$839
Mar 1999235912.471.84$685
Feb 19993414989.981.82$4,308
Jan 1999362710.381.90$1,222
Dec 199804439.201.77$786
Nov 1998032610.892.19$713
Oct 199817960812.421.97$3,420
Sep 1998281612.592.08$1,725
Aug 1998366911.301.91$1,310
Jul 1998398011.742.24$2,228
Jun 199817875311.242.24$3,685
May 1998199912.622.21$2,217
Apr 19981791,02313.042.51$4,897
Mar 19981811,03112.802.31$4,698
Feb 1998097813.952.30$2,249
Jan 19981861,03414.702.15$4,962
Dec 199717889316.322.41$5,058
Nov 199718694518.193.09$6,302
Oct 199719295219.253.15$6,695
Sep 1997294117.742.95$2,816
Aug 199718093517.862.55$5,603
Jul 1997799517.582.25$2,359
Jun 199719186317.242.26$5,241
May 199718980718.972.31$5,448
Apr 19971861,00517.882.08$5,419
Mar 199711,15718.951.94$2,263
Feb 19971931,06120.492.21$6,295
Jan 199711,37423.483.54$4,887
Dec 19961771,41523.32$4,128
Nov 199619688821.97$4,306
Oct 1996070523.31$0
Sep 1996043022.22$0
Aug 1996060720.26$0
Jul 199617555919.55$3,421
Jun 199618061218.73$3,371
May 1996069519.43$0
Apr 1996054121.51$0
Mar 1996068219.38$0
Feb 199635872616.98$6,079
Jan 1996079417.07$0
Dec 199518991617.19$3,249
Nov 1995090616.00$0
Oct 199520094715.43$3,086
Sep 199519094616.18$3,074
Aug 1995085715.92$0
Jul 199518998415.24$2,880
Jun 1995186116.41$16
May 1995067217.56$0
Apr 19951831,14517.73$3,245
Mar 19951911,34116.44$3,140
Feb 199501,23516.58$0
Jan 19951891,39615.92$3,009
Dec 19941811,19515.03$2,720
Nov 199411,57315.90$16
Oct 19943601,70915.58$5,609
Sep 19941761,73015.29$2,691
Aug 19941841,94916.13$2,968
Jul 199412,09517.56$18
Jun 19943661,92817.09$6,255
May 19941802,01115.88$2,858
Apr 199401,67614.14$0
Mar 19943532,19512.46$4,398
Feb 199411,55312.50$13
Jan 19943542,09312.66$4,482
Dec 199302,94012.33$0
Nov 19931793,12314.49$2,594
Oct 19931763,90415.85$2,790
Sep 19933554,56115.03$5,336
Aug 19931765,33215.66$2,756
Jul 19933545,95715.46$5,473
Jun 19933706,36516.79$6,212
May 19933637,38117.68$6,418
Apr 19935468,15018.05$9,855
Mar 19935271,87718.14$9,560
Feb 19931117.90$18
Jan 19933116.93$51

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.

Sep 2019 — as filed, then multipliedworked
Oil                    2 bbl  × $ 55.05 =       $110
Casinghead gas         0 Mcf  × $  2.66 =         $0

────────────────────────────────────────────────────
Month total                                     $110

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/13401 is the state's own key, not one this site invented.