BOBBIE

Operated by SUMMIT PETROLEUM LLC (P-5 829221) in the DAVIS (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15775District 7CField 23380800OilCasinghead gasSaveExport
Value, all time
$4.2 M
Jun 2005 – Aug 2009
Value, last 12 filed months
$436 k
at the published price for each month
Months reported
51
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 13 leases and 18 wells, and the rule below applies to all of them.

Discovered
1959-05-21
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 0 acres. The field rule took effect on 2013-10-22.

The Commission's schedule remark for this field reads: FIELD CONSOLIDATED INTO THE SPRABERRY (TREND AREA) FIELD.

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
OilDisposition47,863 bbl$3,218,055
Casinghead gasProduction119,610 Mcf$1,019,804
Total$4,237,859

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 31.5285, -102.1909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52848, -102.19089 · 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
10,550 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 10,550 ft.

Completions filed
Jun 2009
1 of 1 wells

1 well

42-46134728290210,550 ftJun 2009Yes

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 (51)

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

51 months

Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009102066.163.90$6,748
May 20096792,18854.743.93$45,758
Apr 20096182,00046.773.59$36,079
Mar 20097291,58142.144.06$37,137
Feb 20095971,58732.814.63$26,940
Jan 20098281,99335.865.37$40,396
Dec 20088612,72037.105.98$48,201
Nov 20087722,33855.496.86$58,878
Oct 20087111,79675.246.92$65,928
Sep 20085332,018101.767.88$70,134
Aug 20089192,728114.228.48$128,110
Jul 20081,0832,885131.0811.39$174,818
Jun 20081872,898131.3313.03$62,327
May 20088692,959123.1711.57$141,283
Apr 20087202,919110.3110.45$109,941
Mar 20089063,202101.909.66$123,266
Feb 20087303,06492.538.77$94,420
Jan 20087633,21690.388.21$95,350
Dec 20079492,95488.337.30$105,395
Nov 20071,1693,51591.677.29$132,793
Oct 20071,4983,56182.856.92$148,758
Sep 20075521,50775.846.24$51,274
Aug 20071,1072,18769.066.39$90,420
Jul 20079272,09770.906.39$79,120
Jun 20071,1011,96362.007.55$83,080
May 20079231,91058.747.85$69,203
Apr 20079011,77459.617.81$67,555
Mar 20077591,49356.927.30$54,104
Feb 20071,2603,01955.108.22$94,230
Jan 20071,8243,80250.306.73$117,323
Dec 20061,1093,54356.656.92$87,337
Nov 20061,2753,21754.207.62$93,610
Oct 20062,1903,65054.906.01$142,181
Sep 20067291,74960.085.04$52,608
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200652680466.286.38$39,996
May 20061,4101,67366.016.42$103,823
Apr 20068661,73464.397.36$68,525
Mar 20067071,86356.707.08$53,282
Feb 20061,0781,82157.597.75$76,197
Jan 20061,1071,49060.598.93$80,384
Dec 20051,0691,60154.9413.42$80,209
Nov 20051,5786,35454.6910.59$153,580
Oct 20052,8538,19858.3413.80$279,542
Sep 20053,2205,91961.4512.08$269,365
Aug 20052,5674,06161.519.80$197,681
Jul 200515955.697.84$518
Jun 20051052.337.38$52

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.

Jun 2009 — as filed, then multipliedworked
Oil                  102 bbl  × $ 66.16 =     $6,748
Casinghead gas         0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $6,748

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/15775 is the state's own key, not one this site invented.