BUENA VENTURA "A"

Operated by STAR PRODUCTION, INC. (P-5 815108) in the BUENA VENTURA (CISCO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15929District 7CField 13026075Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.8 M
Apr 2006 – Mar 2016
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
120
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 7 wells, and the rule below applies to all of them.

Discovered
2006-04-07
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition85,015 bbl$5,845,007
Casinghead gasProduction108 Mcf$523
Total$5,845,529

Wells on this lease (3)

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 31.2922, -100.1085. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.29173, -100.10904 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
2,800 ft
3 wells filed one
Completion to plug
9.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 2,800 and 2,800 ft, median 2,800 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2006 – Jan 2007
3 of 3 wells
Plug dates filed
Nov 2009 – Dec 2015
3 of 3 wells

Last completion to plug: a median of 9.6 years across the 3 wells that filed both dates, with the middle half between 6.3 years and 9.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-0953214817512,800 ftJan 2007Nov 2009Yes
42-095321451012,800 ftMay 2006Dec 2015Yes
42-0953214744312,800 ftApr 2006Dec 2015Yes

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 (120)

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

120 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015136038.792.17$5,275
Oct 20150143.552.43$2
Sep 20150142.992.76$3
Aug 20150140.162.87$3
Jul 2015141148.152.95$6,792
Jun 20150156.152.88$3
May 20150155.212.96$3
Apr 2015140149.822.71$6,978
Mar 20150142.892.93$3
Feb 20150144.662.98$3
Jan 2015141143.433.10$6,127
Dec 20140154.693.59$4
Nov 2014144170.464.25$10,150
Oct 20140178.303.90$4
Sep 2014141186.164.05$12,153
Aug 20140189.394.04$4
Jul 2014140196.564.18$13,523
Jun 20140198.164.74$5
May 20140194.734.73$5
Apr 2014140195.944.81$13,436
Mar 20140195.895.06$5
Feb 2014140197.406.19$13,642
Jan 20140190.404.86$5
Dec 2013143191.824.35$13,135
Nov 20130188.853.74$4
Oct 2013140197.423.78$13,643
Sep 20131401104.113.72$14,579
Aug 201301104.253.52$4
Jul 20131411102.523.72$14,459
Jun 20130194.403.93$4
May 2013143194.834.15$13,565
Apr 20130193.964.28$4
Mar 2013142193.623.91$13,298
Feb 20130191.233.42$3
Jan 2013143191.603.42$13,102
Dec 20120186.773.42$3
Nov 2012143186.953.62$12,437
Oct 20120189.383.40$3
Sep 2012141194.672.92$13,351
Aug 2012140192.662.91$12,975
Jul 20120185.133.02$3
Jun 2012140179.822.52$11,177
May 2012141191.612.49$12,920
Apr 20121421101.652.00$14,436
Mar 201201105.052.22$2
Feb 20121411101.102.57$14,258
Jan 2012141198.092.73$13,833
Dec 2011142196.873.24$13,759
Nov 20110195.723.31$3
Oct 2011142184.983.65$12,071
Sep 2011141183.623.99$11,794
Aug 2011141183.404.15$11,764
Jul 20110194.144.52$5
Jun 2011141192.904.64$13,104
May 2011144198.134.40$14,135
Apr 20111401105.964.33$14,839
Mar 2011143196.364.06$13,784
Feb 20110185.644.18$4
Jan 2011146186.504.59$12,634
Dec 2010188185.734.35$16,122
Nov 2010147180.843.80$11,887
Oct 2010142178.103.51$11,094
Sep 2010144172.633.98$10,463
Aug 2010145173.684.42$10,688
Jul 2010145172.554.74$10,524
Jun 2010146170.364.91$10,277
May 2010141171.124.24$10,032
Apr 2010292181.694.12$23,858
Mar 2010148178.394.39$11,606
Feb 2010144173.585.44$10,601
Jan 2010144174.365.96$10,714
Dec 2009286171.445.48$20,437
Nov 2009145174.593.75$10,819
Oct 2009141172.544.11$10,232
Sep 2009282165.543.06$18,485
Aug 2009145167.423.22$9,779
Jul 2009139161.133.46$8,501
Jun 2009141166.163.90$9,332
May 2009139154.743.93$7,613
Apr 2009290146.773.59$13,567
Mar 2009289142.144.06$12,183
Feb 2009287132.814.63$9,421
Jan 2009294135.865.37$10,548
Dec 2008291137.105.98$10,802
Nov 2008289155.496.86$16,043
Oct 2008426175.246.92$32,059
Sep 20084281101.767.88$43,561
Aug 20084391114.228.48$50,151
Jul 20086701131.0811.39$87,835
Jun 20086771131.3313.03$88,923
May 20086781123.1711.57$83,521
Apr 20086671110.3110.45$73,587
Mar 20081,0081101.909.66$102,725
Feb 2008985192.538.77$91,151
Jan 20081,356190.388.21$122,563
Dec 20072,051188.337.30$181,172
Nov 20072,535191.677.29$232,391
Oct 20073,015182.856.92$249,800
Sep 20072,884175.846.24$218,729
Aug 20073,866169.066.39$266,992
Jul 20072,991170.906.39$212,068
Jun 20074,109162.007.55$254,766
May 20074,931158.747.85$289,655
Apr 20075,469159.617.81$326,015
Mar 20075,782156.927.30$329,119
Feb 20074,327155.108.22$238,426
Jan 20073,624150.306.73$182,294
Dec 20063,355156.656.92$190,068
Nov 20063,327054.207.62$180,323
Oct 20063,059054.906.01$167,939
Sep 20063,015060.085.04$181,141
Aug 20062,947068.717.34$202,488
Jul 20061,560069.376.34$108,217
Jun 20061,567166.286.38$103,867
May 20062,805066.016.42$185,158
Apr 2006714064.397.36$45,974

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.

Nov 2015 — as filed, then multipliedworked
Oil                  136 bbl  × $ 38.79 =     $5,275
Casinghead gas         0 Mcf  × $  2.17 =         $0

────────────────────────────────────────────────────
Month total                                   $5,275

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/15929 is the state's own key, not one this site invented.