HAILEY

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

Oil lease lease 18010District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$8.1 M
Aug 2012 – Jul 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
96
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition85,721 bbl$7,290,835
Casinghead gasProduction222,520 Mcf$812,325
Total$8,103,160

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 31.3656, -102.0687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.36565, -102.06873 · 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
50.0%
1 of 2 wells
Median depth
10,273 ft
2 wells filed one
Completion to plug
3.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 10,075 and 10,471 ft, median 10,273 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2012 – Dec 2014
2 of 2 wells
Plug dates filed
Aug 2018
1 of 2 wells; 1 filed none

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46133950110,075 ftDec 2014Aug 2018Yes
42-46138041861010,471 ftAug 2012Yes

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 (96)

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

96 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 20190055.052.66$0
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 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017185047.523.09$8,791
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20171047.933.21$48
Mar 2017505646.772.98$2,506
Feb 2017140750.452.95$1,252
Jan 2017032249.413.42$1,101
Dec 201635395648.763.72$20,771
Nov 201635584142.492.64$17,308
Oct 201669194646.193.09$34,841
Sep 201634597741.553.10$17,364
Aug 20163501,02141.442.92$17,490
Jul 20163491,05541.622.92$17,611
Jun 2016096845.352.69$2,600
May 201634395242.521.99$16,480
Apr 201669483836.561.99$27,041
Mar 20163511,41033.011.79$14,116
Feb 20163471,28926.472.06$11,845
Jan 20167171,46327.352.36$23,069
Dec 20153562,26432.362.00$16,051
Nov 201534382638.792.17$15,095
Oct 20155261,65043.552.43$26,911
Sep 20155171,31242.992.76$25,845
Aug 20153441,76840.162.87$18,894
Jul 20156782,06648.152.95$38,730
Jun 20153481,52256.152.88$23,928
May 20156921,84155.212.96$43,646
Apr 20151,0221,87849.822.71$55,999
Mar 20155162,20442.892.93$28,599
Feb 20153461,96144.662.98$21,289
Jan 20157022,14043.433.10$37,123
Dec 20143302,58954.693.59$27,346
Nov 20142422,30270.464.25$26,839
Oct 20144882,48678.303.90$47,908
Sep 20143902,10786.164.05$42,126
Aug 20146402,55589.394.04$67,519
Jul 20148112,56696.564.18$89,035
Jun 20142462,70698.164.74$36,965
May 20146782,77994.734.73$77,362
Apr 20146042,57895.944.81$70,346
Mar 20146373,39595.895.06$78,250
Feb 20146723,33797.406.19$86,116
Jan 20148463,96690.404.86$95,756
Dec 20139984,64891.824.35$111,876
Nov 20139615,06588.853.74$104,319
Oct 20138114,29497.423.78$95,236
Sep 20131,5376,091104.113.72$182,662
Aug 20131,0607,365104.253.52$136,449
Jul 20131,5535,828102.523.72$180,881
Jun 20139994,93794.403.93$113,725
May 20131,93511,76994.834.15$232,327
Apr 20133,31513,69393.964.28$370,119
Mar 20133,35613,61793.623.91$367,470
Feb 20135,23118,82891.233.42$541,614
Jan 20135,84211,49891.603.42$574,449
Dec 20128,79015,44086.773.42$815,516
Nov 20129,50912,36986.953.62$871,645
Oct 20125,6865,24589.383.40$526,046
Sep 201210,9129,57394.672.92$1,060,977
Aug 20125,1203,96192.662.91$485,938

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 2017 — as filed, then multipliedworked
Oil                  185 bbl  × $ 47.52 =     $8,791
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $8,791

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/18010 is the state's own key, not one this site invented.