CREEK RANCH 57

Operated by CONOCO INC. (P-5 172230) in the K M, SW. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13740District 7CField 47891475OilCasinghead gasSaveExport
Value, all time
$769 k
Feb 1995 – Jul 2001
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
78
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 9 wells, and the rule below applies to all of them.

Discovered
1994-07-12
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1998-10-13.

The Commission's schedule remark for this field reads: OPTIONAL 40 ACRE UNITS W/2100' DIAG.

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
OilDisposition29,421 bbl$498,436
Casinghead gasProduction299,164 Mcf$270,243
Total$768,679

202,318 Mcf of this lease's gas, across 23 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 30.4675, -102.1549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.46751, -102.15489 · 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
5,695 ft
2 wells filed one
Completion to plug
12.8 years
median over 1 well

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 5,290 and 6,100 ft, median 5,695 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1995
1 of 2 wells; 1 filed none
Plug dates filed
Nov 1996 – Nov 2007
2 of 2 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4433061135,290 ftNov 1996Yes
42-4433053516,100 ftFeb 1995Nov 2007Yes

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 (78)

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

78 months

Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200113024.685.34$321
Mar 20012199224.545.38$5,849
Feb 2001013527.755.77$779
Jan 20012423327.478.40$2,616
Dec 200091,49926.889.12$13,917
Nov 20001867932.215.66$4,422
Oct 20002485631.235.15$5,154
Sep 2000141,98731.875.19$10,752
Aug 2000101,50129.644.54$7,112
Jul 20001460328.534.09$2,866
Jun 2000310529.304.40$550
May 200025427.263.68$253
Apr 200001024.513.12$31
Mar 20009028.422.86$256
Feb 2000191,37827.622.73$4,282
Jan 2000212,18425.272.48$5,948
Dec 1999152,44624.282.42$6,293
Nov 199963,45723.192.43$8,553
Oct 199954,58620.982.80$12,963
Sep 1999152,73021.752.62$7,476
Aug 199951,70219.262.88$4,991
Jul 1999412717.892.37$373
Jun 199904915.942.36$116
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19994012.471.84$50
Feb 1999409.981.82$40
Jan 1999121,98910.381.90$3,904
Dec 1998261,3779.201.77$2,681
Nov 1998221,74510.892.19$4,054
Oct 1998971,87012.421.97$4,887
Sep 19981615312.592.08$520
Aug 1998132,33311.301.91$4,597
Jul 1998111,50011.742.24$3,485
Jun 1998112,20311.242.24$5,052
May 199801,10512.622.21$2,438
Apr 1998162,64313.042.51$6,830
Mar 1998111,33112.802.31$3,215
Feb 1998232,65313.952.30$6,420
Jan 1998121,30314.702.15$2,984
Dec 1997192,54216.322.41$6,439
Nov 199702,86418.193.09$8,845
Oct 1997183,78319.253.15$12,262
Sep 1997153,42317.742.95$10,381
Aug 1997325,39417.862.55$14,352
Jul 1997415,83517.582.25$13,832
Jun 1997405,13817.242.26$12,287
May 1997485,15618.972.31$12,813
Apr 1997272,21617.882.08$5,098
Mar 1997171,40118.951.94$3,039
Feb 1997453,97120.492.21$9,682
Jan 1997645,60523.483.54$21,343
Dec 1996986,15523.32$2,285
Nov 1996368,54121.97$791
Oct 1996818,77023.31$1,888
Sep 19967410,03522.22$1,644
Aug 199611810,08620.26$2,391
Jul 1996749,64919.55$1,447
Jun 19961539,24918.73$2,866
May 19961909,43219.43$3,692
Apr 19962689,52121.51$5,765
Mar 199632510,67019.38$6,299
Feb 19963589,52516.98$6,079
Jan 199678511,77617.07$13,400
Dec 199555310,28117.19$9,506
Nov 19959237,59516.00$14,768
Oct 19951,3599,61715.43$20,969
Sep 19951,7128,87316.18$27,700
Aug 19952,3209,55315.92$36,934
Jul 19951,7669,63715.24$26,914
Jun 19952,46010,54916.41$40,369
May 19955,71313,38917.56$100,320
Apr 19953,5348,43317.73$62,658
Mar 19954,87498116.44$80,129
Feb 1995752116.58$12,468

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.

Apr 2001 — as filed, then multipliedworked
Oil                   13 bbl  × $ 24.68 =       $321
Casinghead gas         0 Mcf  × $  5.34 =         $0

────────────────────────────────────────────────────
Month total                                     $321

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/13740 is the state's own key, not one this site invented.