NOELKE "14"

Operated by COMPASS ENERGY OPERATING, LLC (P-5 169751) in the SUGG RANCH (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16406District 7CField 87018551OilCasinghead gasSaveExport
Value, all time
$798 k
Nov 2007 – Jul 2020
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
153
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 116 leases and 861 wells, and the rule below applies to all of them.

Discovered
1987-05-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 1992-04-01.

The Commission's schedule remark for this field reads: EFF 10-01-19

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
OilDisposition7,922 bbl$663,900
Casinghead gasProduction26,059 Mcf$134,065
Total$797,965

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 31.4751, -101.0731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47508, -101.07314 · 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
7,625 ft
1 wells filed one
Completion to plug
14.7 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 7,625 ft.

Completions filed
Nov 2007
1 of 1 wells
Plug dates filed
Jul 2022
1 of 1 wells

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353412317,625 ftNov 2007Jul 2022Yes

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 (153)

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

153 months

Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201983055.052.66$4,569
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201809065.142.93$264
Jun 201802860.183.08$86
May 201801665.382.90$46
Apr 20181435763.842.90$9,294
Mar 201807561.222.79$209
Feb 201803861.782.77$105
Jan 201803562.874.01$140
Dec 201703557.272.92$102
Nov 201703855.423.12$119
Oct 201706449.292.98$191
Sep 201707347.523.09$225
Aug 201707745.373.00$231
Jul 201708643.873.09$266
Jun 201707742.493.09$238
May 2017379145.373.26$1,976
Apr 201708647.933.21$276
Mar 201708546.772.98$254
Feb 201707650.452.95$224
Jan 201708649.413.42$294
Dec 20161758548.763.72$8,849
Nov 201609542.492.64$251
Oct 2016010146.193.09$312
Sep 201609841.553.10$304
Aug 201609441.442.92$275
Jul 201609241.622.92$269
Jun 2016010445.352.69$279
May 2016011742.521.99$233
Apr 2016011736.561.99$233
Mar 2016011933.011.79$213
Feb 2016011526.472.06$237
Jan 2016012327.352.36$291
Dec 2015011932.362.00$238
Nov 2015012138.792.17$262
Oct 201517212943.552.43$7,804
Sep 2015013242.992.76$364
Aug 2015011840.162.87$339
Jul 20151611948.152.95$1,121
Jun 201508156.152.88$234
May 201503955.212.96$115
Apr 201505849.822.71$157
Mar 201546442.892.93$359
Feb 201506744.662.98$199
Jan 201502343.433.10$71
Dec 2014011354.693.59$406
Nov 2014014270.464.25$604
Oct 201415714878.303.90$12,870
Sep 2014014186.164.05$570
Aug 2014015489.394.04$621
Jul 2014014396.564.18$598
Jun 2014014098.164.74$663
May 2014014794.734.73$695
Apr 2014014695.944.81$702
Mar 2014016495.895.06$829
Feb 2014014397.406.19$885
Jan 201416015390.404.86$15,208
Dec 2013014691.824.35$636
Nov 2013015288.853.74$568
Oct 2013017897.423.78$673
Sep 20130175104.113.72$651
Aug 20130182104.253.52$641
Jul 20130186102.523.72$692
Jun 2013018394.403.93$720
May 201316718994.834.15$16,621
Apr 2013018193.964.28$775
Mar 2013019293.623.91$751
Feb 2013017291.233.42$588
Jan 2013018891.603.42$643
Dec 2012019386.773.42$660
Nov 2012019086.953.62$689
Oct 201216321089.383.40$15,283
Sep 2012123794.672.92$786
Aug 2012122992.662.91$759
Jul 2012012485.133.02$375
Jun 2012019979.822.52$501
May 2012021591.612.49$535
Apr 20121218101.652.00$537
Mar 2012161223105.052.22$17,409
Feb 20120201101.102.57$517
Jan 2012121798.092.73$691
Dec 2011019996.873.24$645
Nov 20111095.723.31$96
Oct 201119223884.983.65$17,185
Sep 2011026383.623.99$1,048
Aug 2011028283.404.15$1,170
Jul 2011031194.144.52$1,405
Jun 201117131892.904.64$17,361
May 2011132098.134.40$1,508
Apr 201116812105.964.33$17,853
Mar 20110696.364.06$24
Feb 201107485.644.18$309
Jan 2011010886.504.59$496
Dec 2010020885.734.35$904
Nov 2010124080.843.80$992
Oct 2010126678.103.51$1,011
Sep 201009672.633.98$382
Aug 201018917273.684.42$14,686
Jul 2010022972.554.74$1,085
Jun 2010036170.364.91$1,773
May 2010026271.124.24$1,110
Apr 201017735081.694.12$15,902
Mar 2010134978.394.39$1,610
Feb 2010237173.585.44$2,166
Jan 2010123474.365.96$1,470
Dec 200918139471.445.48$15,091
Nov 2009141274.593.75$1,620
Oct 200918343972.544.11$15,079
Sep 2009143465.543.06$1,396
Aug 2009045967.423.22$1,477
Jul 200918146061.133.46$12,658
Jun 2009144266.163.90$1,788
May 200917646454.743.93$11,456
Apr 200918244346.773.59$10,101
Mar 200917441642.144.06$9,021
Feb 200918440732.814.63$7,923
Jan 2009031535.865.37$1,692
Dec 200817725937.105.98$8,115
Nov 200816039755.496.86$11,602
Oct 2008347475.246.92$3,507
Sep 2008170436101.767.88$20,734
Aug 2008195638114.228.48$27,685
Jul 20083724131.0811.39$8,639
Jun 2008367772131.3313.03$58,259
May 2008199891123.1711.57$34,824
Apr 2008174975110.3110.45$29,387
Mar 2008353282101.909.66$38,696
Feb 2008379092.538.77$35,069
Jan 2008776090.388.21$70,135
Dec 20071,157088.337.30$102,198
Nov 2007198091.677.29$18,151

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.

Sep 2019 — as filed, then multipliedworked
Oil                   83 bbl  × $ 55.05 =     $4,569
Casinghead gas         0 Mcf  × $  2.66 =         $0

────────────────────────────────────────────────────
Month total                                   $4,569

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/16406 is the state's own key, not one this site invented.