INDEPENDENCE 39

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the LITTLE MESA (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14945District 7CField 54033475OilCasinghead gasSaveExport
Value, all time
$470 k
Jul 1999 – Jan 2012
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
151
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1995-03-01
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

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
OilDisposition4,820 bbl$177,358
Casinghead gasProduction58,717 Mcf$293,117
Total$470,475

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 30.5911, -102.1892. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.59111, -102.18921 · 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
11,000 ft
1 wells filed one
Completion to plug
8.3 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 11,000 ft.

Completions filed
Jul 1999
1 of 1 wells
Plug dates filed
Oct 2007
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-44330478111,000 ftJul 1999Oct 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 (151)

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

151 months

Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011165084.983.65$14,022
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 20090054.743.93$0
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 20070191.677.29$7
Oct 2007027482.856.92$1,897
Sep 2007018175.846.24$1,130
Aug 2007051769.066.39$3,303
Jul 2007048270.906.39$3,079
Jun 2007048862.007.55$3,684
May 2007027658.747.85$2,166
Apr 2007021559.617.81$1,678
Mar 2007019956.927.30$1,453
Feb 20071965955.108.22$11,284
Jan 2007029150.306.73$1,958
Dec 2006046956.656.92$3,245
Nov 2006022054.207.62$1,676
Oct 2006070954.906.01$4,264
Sep 2006040360.085.04$2,030
Aug 200607168.717.34$521
Jul 200619021169.376.34$14,519
Jun 2006051866.286.38$3,307
May 2006074466.016.42$4,780
Apr 200603264.397.36$236
Mar 2006197056.707.08$11,170
Feb 2006020657.597.75$1,597
Jan 2006019560.598.93$1,742
Dec 200519040454.9413.42$15,858
Nov 2005045654.6910.59$4,828
Oct 200509758.3413.80$1,338
Sep 2005038561.4512.08$4,650
Aug 2005028061.519.80$2,743
Jul 2005035555.697.84$2,784
Jun 2005053452.337.38$3,941
May 2005070845.226.65$4,709
Apr 200517968949.207.36$13,878
Mar 2005171650.377.15$5,173
Feb 2005067645.226.31$4,267
Jan 200518053543.166.32$11,151
Dec 2004049439.866.75$3,335
Nov 2004022245.286.33$1,405
Oct 2004025149.706.52$1,635
Sep 2004050543.245.28$2,668
Aug 200417655142.375.55$10,516
Jul 2004059938.286.08$3,644
Jun 2004053636.106.43$3,448
May 200418468837.486.49$11,365
Apr 2004050734.475.86$2,970
Mar 2004059534.365.53$3,290
Feb 200418660732.455.51$9,380
Jan 2004064732.036.30$4,076
Dec 2003062830.266.30$3,957
Nov 2003049228.804.60$2,261
Oct 200317882328.174.76$8,931
Sep 2003052026.314.75$2,470
Aug 2003057029.765.13$2,924
Jul 200318441829.415.17$7,573
Jun 2003057128.565.98$3,416
May 2003056226.595.97$3,357
Apr 2003047426.675.41$2,563
Mar 2003056631.146.10$3,450
Feb 200316349533.487.93$9,381
Jan 2003055930.315.58$3,120
Dec 2002057926.914.85$2,810
Nov 2002046524.664.14$1,924
Oct 200218374326.464.23$7,984
Sep 2002067927.443.64$2,468
Aug 2002073925.963.16$2,338
Jul 200214373524.583.06$5,765
Jun 2002080723.733.34$2,694
May 200217785924.663.58$7,443
Apr 200235775023.653.51$11,077
Mar 2002060522.003.10$1,877
Feb 2002018418.222.38$437
Jan 2002070317.172.38$1,670
Dec 2001051016.932.36$1,206
Nov 2001081918.072.41$1,970
Oct 2001071019.782.53$1,796
Sep 2001073724.262.25$1,659
Aug 200118183624.873.05$7,054
Jul 2001079123.933.20$2,529
Jun 2001075824.563.82$2,899
May 200117786425.524.31$8,239
Apr 2001089524.685.34$4,775
Mar 200117980924.545.38$8,742
Feb 2001073327.755.77$4,227
Jan 200118866627.478.40$10,758
Dec 2000078526.889.12$7,161
Nov 200018378032.215.66$10,308
Oct 2000051431.235.15$2,645
Sep 2000090331.875.19$4,683
Aug 200036394729.644.54$15,059
Jul 2000089428.534.09$3,656
Jun 200001,00529.304.40$4,419
May 200001,01627.263.68$3,739
Apr 200001,05924.513.12$3,300
Mar 20001671,21128.422.86$8,209
Feb 200001,10927.622.73$3,024
Jan 200001,26325.272.48$3,133
Dec 19991481,35324.282.42$6,873
Nov 199951,57923.192.43$3,959
Oct 1999045420.982.80$1,273
Sep 1999017321.752.62$453
Aug 1999027719.262.88$797
Jul 1999094317.892.37$2,237

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.

Oct 2011 — as filed, then multipliedworked
Oil                  165 bbl  × $ 84.98 =    $14,022
Casinghead gas         0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                  $14,022

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/14945 is the state's own key, not one this site invented.