TEAGUE-9

Operated by BANNER OPERATING, LLC (P-5 48537) in the JUNE ANN (CISCO NO 6 SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16935District 7CField 47684075OilCasinghead gasSaveExport
Value, all time
$875 k
Mar 2008 – Feb 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
72
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 1 leases and 2 wells, and the rule below applies to all of them.

Discovered
2006-07-18
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: DESIGNATED AS A SINGLE RESERVOIR.

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
OilDisposition10,359 bbl$711,940
Casinghead gasProduction34,877 Mcf$163,144
Total$875,084

Wells on this lease (2)

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 31.5265, -100.7573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.52647, -100.75727 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,300 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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

Between 7,100 and 7,500 ft, median 7,300 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2008 – Oct 2008
2 of 2 wells

2 wells

42-4513259847,500 ftOct 2008Yes
42-2353417237,100 ftMar 2008Yes

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 (72)

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

72 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20122990105.052.22$31,410
Feb 2012346135101.102.57$35,328
Jan 2012044398.092.73$1,211
Dec 201118354096.873.24$19,477
Nov 201136547595.723.31$36,511
Oct 2011023184.983.65$843
Sep 2011052283.623.99$2,081
Aug 201118019683.404.15$15,825
Jul 2011044694.144.52$2,015
Jun 201117845392.904.64$18,638
May 201118142798.134.40$19,642
Apr 2011176456105.964.33$20,625
Mar 201117746996.364.06$18,959
Feb 2011040285.644.18$1,680
Jan 201135850486.504.59$33,280
Dec 201017350085.734.35$17,005
Nov 201018241980.843.80$16,303
Oct 2010043378.103.51$1,519
Sep 201034740672.633.98$26,818
Aug 201016541973.684.42$14,009
Jul 2010044572.554.74$2,108
Jun 201017846170.364.91$14,788
May 201035741371.124.24$27,139
Apr 201017944581.694.12$16,457
Mar 201018142778.394.39$16,063
Feb 201018136773.585.44$15,315
Jan 201018245974.365.96$16,271
Dec 200936046771.445.48$28,279
Nov 200918649174.593.75$15,716
Oct 200917755972.544.11$15,137
Sep 200917358465.543.06$13,128
Aug 200917954267.423.22$13,813
Jul 200917654661.133.46$12,651
Jun 200918144866.163.90$13,720
May 200934854554.743.93$21,189
Apr 200918353946.773.59$10,493
Mar 20096666,73342.144.06$55,394
Feb 20095303,38632.814.63$33,077
Jan 20097813,77435.865.37$48,277
Dec 20084502,66737.105.98$32,636
Nov 200889392355.496.86$55,885
Oct 200813462575.246.92$14,408
Sep 2008182472101.767.88$22,238
Aug 2008192683114.228.48$27,724
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

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.

Mar 2012 — as filed, then multipliedworked
Oil                  299 bbl  × $105.05 =    $31,410
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                  $31,410

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/16935 is the state's own key, not one this site invented.