SCHWERTNER, C.J.

Name: SCHWERTNER, C.J. lease production and value, Jan 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CAPIO OIL & GAS, INC. (P-5 130366) in the BALLINGER, WEST (JENNINGS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13734District 7CField 05318275OilCasinghead gasSave Export

Value, all time

$447 k

Jan 1995 – Jul 2006

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

139

no gaps in the span

Streams

oil, casinghead gas

The BALLINGER, WEST (JENNINGS) 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 24 leases and 25 wells, and the rule below applies to all of them.

Discovered

1981-03-06

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-01-21.

The Commission's schedule remark for this field reads: “MULTIPLE 49B 40 ACRES-MAXIMUM 80 ACRES”

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	13,457 bbl	$290,755
Casinghead gas	Production	66,191 Mcf	$156,197
Total			$446,952

20,500 Mcf of this lease's gas, across 24 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 31.8427, -99.9707. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84268, -99.97069 · 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

4,230 ft

1 wells filed one

Completion to plug

9.4 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 4,230 ft.

Completions filed

Mar 2007

1 of 1 wells

Plug dates filed

Aug 2016

1 of 1 wells

Last completion to plug: a median of 9.4 years across the 1 well that filed both dates, with the middle half between 9.4 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39934352	2	4,230 ft	Mar 2007	Aug 2016	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 (139)

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

139 months


Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	52	0	54.94	13.42	$2,857
Nov 2005	224	82	54.69	10.59	$13,119
Oct 2005	0	56	58.34	13.80	$773
Sep 2005	69	29	61.45	12.08	$4,590
Aug 2005	0	39	61.51	9.80	$382
Jul 2005	69	39	55.69	7.84	$4,149
Jun 2005	0	24	52.33	7.38	$177
May 2005	70	31	45.22	6.65	$3,372
Apr 2005	0	23	49.20	7.36	$169
Mar 2005	75	21	50.37	7.15	$3,928
Feb 2005	77	31	45.22	6.31	$3,678
Jan 2005	0	28	43.16	6.32	$177
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	37	0	38.28	6.08	$1,416
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	231	37.48	6.49	$1,500
Apr 2004	172	422	34.47	5.86	$8,401
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	162	0	32.03	6.30	$5,189
Dec 2003	0	431	30.26	6.30	$2,716
Nov 2003	171	382	28.80	4.60	$6,680
Oct 2003	0	482	28.17	4.76	$2,294
Sep 2003	177	435	26.31	4.75	$6,723
Aug 2003	0	462	29.76	5.13	$2,370
Jul 2003	0	497	29.41	5.17	$2,570
Jun 2003	127	502	28.56	5.98	$6,631
May 2003	177	477	26.59	5.97	$7,555
Apr 2003	0	402	26.67	5.41	$2,174
Mar 2003	0	393	31.14	6.10	$2,396
Feb 2003	158	420	33.48	7.93	$8,619
Jan 2003	0	429	30.31	5.58	$2,395
Dec 2002	167	447	26.91	4.85	$6,664
Nov 2002	0	489	24.66	4.14	$2,023
Oct 2002	174	376	26.46	4.23	$6,194
Sep 2002	0	343	27.44	3.64	$1,247
Aug 2002	165	441	25.96	3.16	$5,679
Jul 2002	0	472	24.58	3.06	$1,445
Jun 2002	163	431	23.73	3.34	$5,307
May 2002	0	424	24.66	3.58	$1,520
Apr 2002	0	374	23.65	3.51	$1,314
Mar 2002	165	408	22.00	3.10	$4,896
Feb 2002	0	398	18.22	2.38	$946
Jan 2002	0	460	17.17	2.38	$1,093
Dec 2001	167	426	16.93	2.36	$3,835
Nov 2001	0	382	18.07	2.41	$919
Oct 2001	0	410	19.78	2.53	$1,037
Sep 2001	167	439	24.26	2.25	$5,040
Aug 2001	0	473	24.87	3.05	$1,444
Jul 2001	171	487	23.93	3.20	$5,649
Jun 2001	0	502	24.56	3.82	$1,920
May 2001	0	396	25.52	4.31	$1,706
Apr 2001	169	469	24.68	5.34	$6,673
Mar 2001	0	413	24.54	5.38	$2,220
Feb 2001	0	429	27.75	5.77	$2,474
Jan 2001	154	455	27.47	8.40	$8,052
Dec 2000	0	445	26.88	9.12	$4,060
Nov 2000	173	135	32.21	5.66	$6,336
Oct 2000	0	647	31.23	5.15	$3,329
Sep 2000	0	501	31.87	5.19	$2,598
Aug 2000	159	525	29.64	4.54	$7,097
Jul 2000	0	549	28.53	4.09	$2,245
Jun 2000	156	527	29.30	4.40	$6,888
May 2000	0	346	27.26	3.68	$1,273
Apr 2000	0	481	24.51	3.12	$1,499
Mar 2000	149	518	28.42	2.86	$5,716
Feb 2000	0	506	27.62	2.73	$1,380
Jan 2000	181	533	25.27	2.48	$5,896
Dec 1999	0	559	24.28	2.42	$1,355
Nov 1999	0	531	23.19	2.43	$1,292
Oct 1999	175	525	20.98	2.80	$5,143
Sep 1999	0	539	21.75	2.62	$1,412
Aug 1999	156	0	19.26	2.88	$3,005
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	159	0	15.94	2.36	$2,534
May 1999	0	675	15.79	2.32	$1,567
Apr 1999	173	609	15.10	2.21	$3,957
Mar 1999	0	548	12.47	1.84	$1,007
Feb 1999	168	608	9.98	1.82	$2,782
Jan 1999	0	714	10.38	1.90	$1,357
Dec 1998	0	523	9.20	1.77	$927
Nov 1998	168	582	10.89	2.19	$3,102
Oct 1998	0	155	12.42	1.97	$305
Sep 1998	176	660	12.59	2.08	$3,590
Aug 1998	0	628	11.30	1.91	$1,198
Jul 1998	166	662	11.74	2.24	$3,430
Jun 1998	0	805	11.24	2.24	$1,801
May 1998	161	839	12.62	2.21	$3,883
Apr 1998	179	810	13.04	2.51	$4,363
Mar 1998	0	846	12.80	2.31	$1,954
Feb 1998	171	782	13.95	2.30	$4,183
Jan 1998	0	823	14.70	2.15	$1,773
Dec 1997	169	813	16.32	2.41	$4,718
Nov 1997	177	804	18.19	3.09	$5,703
Oct 1997	0	866	19.25	3.15	$2,728
Sep 1997	173	851	17.74	2.95	$5,584
Aug 1997	170	831	17.86	2.55	$5,159
Jul 1997	0	881	17.58	2.25	$1,980
Jun 1997	173	842	17.24	2.26	$4,883
May 1997	167	902	18.97	2.31	$5,250
Apr 1997	0	678	17.88	2.08	$1,412
Mar 1997	167	851	18.95	1.94	$4,815
Feb 1997	165	784	20.49	2.21	$5,110
Jan 1997	167	740	23.48	3.54	$6,541
Dec 1996	168	804	23.32	—	$3,918
Nov 1996	0	803	21.97	—	$0
Oct 1996	175	971	23.31	—	$4,079
Sep 1996	171	986	22.22	—	$3,800
Aug 1996	172	904	20.26	—	$3,485
Jul 1996	167	1,005	19.55	—	$3,265
Jun 1996	171	946	18.73	—	$3,203
May 1996	170	879	19.43	—	$3,303
Apr 1996	167	836	21.51	—	$3,592
Mar 1996	169	772	19.38	—	$3,275
Feb 1996	171	752	16.98	—	$2,904
Jan 1996	338	681	17.07	—	$5,770
Dec 1995	169	663	17.19	—	$2,905
Nov 1995	176	781	16.00	—	$2,816
Oct 1995	341	972	15.43	—	$5,262
Sep 1995	165	977	16.18	—	$2,670
Aug 1995	342	1,261	15.92	—	$5,445
Jul 1995	0	469	15.24	—	$0
Jun 1995	173	343	16.41	—	$2,839
May 1995	174	387	17.56	—	$3,055
Apr 1995	487	906	17.73	—	$8,635
Mar 1995	697	1,930	16.44	—	$11,459
Feb 1995	1,017	867	16.58	—	$16,862
Jan 1995	0	605	15.92	—	$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.

Dec 2005 — as filed, then multipliedworked

Oil                   52 bbl  × $ 54.94 =     $2,857
Casinghead gas         0 Mcf  × $ 13.42 =         $0

────────────────────────────────────────────────────
Month total                                   $2,857

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/13734 is the state's own key, not one this site invented.