UNION PACIFIC

Operated by RME PETROLEUM COMPANY (P-5 714229) in the OZONA (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14602District 7CField 67995400OilCasinghead gasSaveExport
Value, all time
$186 k
Mar 1997 – Aug 2001
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
54
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 44 leases and 61 wells, and the rule below applies to all of them.

Discovered
1971-03-15
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: PER OPERATOR REQUEST

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
OilDisposition5,573 bbl$96,999
Casinghead gasProduction34,347 Mcf$88,720
Total$185,719

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 30.5779, -101.2969. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.57787, -101.29691 · 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
0.0%
0 of 1 wells
Median depth
7,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,000 ft.

Completions filed
Jan 2001
1 of 1 wells

1 well

42-10537525737,000 ftJan 2001Yes

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 (54)

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

54 months

Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200136025.524.31$919
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000026126.889.12$2,381
Nov 2000027732.215.66$1,567
Oct 2000044531.235.15$2,290
Sep 2000035531.875.19$1,841
Aug 2000027629.644.54$1,253
Jul 2000044628.534.09$1,824
Jun 2000041129.304.40$1,807
May 2000043727.263.68$1,608
Apr 2000032224.513.12$1,003
Mar 2000033128.422.86$947
Feb 2000031027.622.73$845
Jan 2000038125.272.48$945
Dec 199917138224.282.42$5,078
Nov 1999051923.192.43$1,263
Oct 1999050820.982.80$1,424
Sep 1999040021.752.62$1,048
Aug 1999061819.262.88$1,777
Jul 1999057017.892.37$1,352
Jun 1999098615.942.36$2,329
May 1999084815.792.32$1,968
Apr 199918280415.102.21$4,523
Mar 1999056812.471.84$1,044
Feb 199905629.981.82$1,022
Jan 199918091310.381.90$3,603
Dec 199809169.201.77$1,624
Nov 1998067010.892.19$1,464
Oct 1998078112.421.97$1,538
Sep 199818065112.592.08$3,622
Aug 1998054511.301.91$1,040
Jul 1998048011.742.24$1,074
Jun 199816657011.242.24$3,141
May 1998034212.622.21$755
Apr 1998023113.042.51$579
Mar 199817749912.802.31$3,418
Feb 1998052713.952.30$1,212
Jan 1998177014.702.15$2,602
Dec 1997061616.322.41$1,485
Nov 199717292218.193.09$5,976
Oct 199717689419.253.15$6,204
Sep 19971791,31817.742.95$7,070
Aug 19973421,66017.862.55$10,349
Jul 19975202,49617.582.25$14,750
Jun 19976652,93617.242.26$18,092
May 19971,5374,37318.972.31$39,252
Apr 199771399017.882.08$14,810
Mar 19970018.951.94$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.

May 2001 — as filed, then multipliedworked
Oil                   36 bbl  × $ 25.52 =       $919
Casinghead gas         0 Mcf  × $  4.31 =         $0

────────────────────────────────────────────────────
Month total                                     $919

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/14602 is the state's own key, not one this site invented.