KENT, N. G., -B- NCT-8

Operated by VERDAD OIL & GAS CORPORATION (P-5 884572) in the KENT (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3639District 7CField 48982250OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – Jun 2015
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
270
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 17 leases and 25 wells, and the rule below applies to all of them.

Discovered
1961-06-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,150 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition15,220 bbl$691,593
Casinghead gasProduction190,925 Mcf$736,196
Total$1,427,789

36,716 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.2651, -100.2372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26515, -100.23722 · 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
4,841 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
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 4,841 ft.

Plug dates filed
Feb 2015
1 of 1 wells

1 well

42-4510118614,841 ftFeb 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 (270)

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

270 months

Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201455054.693.59$3,008
Nov 20140070.464.25$0
Oct 2014023078.303.90$897
Sep 2014022386.164.05$902
Aug 201411551889.394.04$12,370
Jul 2014059796.564.18$2,495
Jun 2014022998.164.74$1,085
May 201412026294.734.73$12,606
Apr 2014054595.944.81$2,621
Mar 2014054595.895.06$2,756
Feb 201411672097.406.19$15,757
Jan 201412073790.404.86$14,430
Dec 2013054891.824.35$2,386
Nov 2013068788.853.74$2,568
Oct 201312062697.423.78$14,056
Sep 20130285104.113.72$1,060
Aug 20130224104.253.52$789
Jul 20130224102.523.72$833
Jun 201312039394.403.93$12,874
May 2013056494.834.15$2,340
Apr 201311281493.964.28$14,010
Mar 2013053393.623.91$2,086
Feb 201312275791.233.42$13,719
Jan 201312084491.603.42$13,878
Dec 2012087686.773.42$2,996
Nov 201211690986.953.62$13,381
Oct 2012073689.383.40$2,502
Sep 201211430894.672.92$11,691
Aug 2012033092.662.91$960
Jul 201211946785.133.02$11,541
Jun 2012059479.822.52$1,496
May 201211569091.612.49$12,252
Apr 20120706101.652.00$1,410
Mar 2012124784105.052.22$14,768
Feb 2012117844101.102.57$13,998
Jan 2012088998.092.73$2,431
Dec 201111991296.873.24$14,482
Nov 2011086895.723.31$2,874
Oct 201112089184.983.65$13,448
Sep 2011090583.623.99$3,607
Aug 201101,06583.404.15$4,419
Jul 201111792594.144.52$15,193
Jun 2011091992.904.64$4,264
May 201112495398.134.40$16,366
Apr 20110874105.964.33$3,787
Mar 201112295896.364.06$15,643
Feb 2011076185.644.18$3,181
Jan 201112291086.504.59$14,729
Dec 2010091285.734.35$3,965
Nov 201011992980.843.80$13,146
Oct 2010099878.103.51$3,502
Sep 201011886972.633.98$12,029
Aug 201011696373.684.42$12,803
Jul 2010099772.554.74$4,722
Jun 201012595470.364.91$13,480
May 2010094671.124.24$4,007
Apr 201012198881.694.12$13,958
Mar 2010092278.394.39$4,046
Feb 201011987973.585.44$13,540
Jan 2010092074.365.96$5,487
Dec 200912699271.445.48$14,441
Nov 2009099174.593.75$3,718
Oct 20091211,06172.544.11$13,138
Sep 200901,00865.543.06$3,089
Aug 20091201,00167.423.22$11,312
Jul 200901,00861.133.46$3,492
Jun 200911698766.163.90$11,519
May 20091741,06854.743.93$13,717
Apr 2009098946.773.59$3,548
Mar 20091181,05942.144.06$9,271
Feb 2009090132.814.63$4,174
Jan 200912299535.865.37$9,719
Dec 200801,03937.105.98$6,210
Nov 2008092655.496.86$6,353
Oct 200812047175.246.92$12,289
Sep 20080593101.767.88$4,671
Aug 20081138114.228.48$12,975
Jul 20080728131.0811.39$8,292
Jun 20081231,042131.3313.03$29,734
May 20081211,100123.1711.57$27,635
Apr 20081181,126110.3110.45$24,789
Mar 20080824101.909.66$7,963
Feb 2008059292.538.77$5,192
Jan 20088365290.388.21$12,852
Dec 20078161888.337.30$11,667
Nov 2007062591.677.29$4,557
Oct 20078062382.856.92$10,940
Sep 2007061875.846.24$3,859
Aug 20077567269.066.39$9,472
Jul 2007068770.906.39$4,389
Jun 2007041962.007.55$3,163
May 20078040658.747.85$7,885
Apr 20077965959.617.81$9,853
Mar 2007068356.927.30$4,987
Feb 20078458055.108.22$9,394
Jan 2007055650.306.73$3,740
Dec 20067728056.656.92$6,299
Nov 2006063854.207.62$4,860
Oct 20068268154.906.01$8,597
Sep 2006067560.085.04$3,400
Aug 20068667468.717.34$10,856
Jul 2006059469.376.34$3,768
Jun 2006060166.286.38$3,837
May 20068063066.016.42$9,329
Apr 2006064364.397.36$4,733
Mar 20067964656.707.08$9,055
Feb 2006060557.597.75$4,689
Jan 20067967660.598.93$10,826
Dec 2005068554.9413.42$9,190
Nov 20057968454.6910.59$11,563
Oct 20058171158.3413.80$14,534
Sep 2005068161.4512.08$8,226
Aug 20057969861.519.80$11,697
Jul 20058070355.697.84$9,969
Jun 2005066252.337.38$4,886
May 20057967945.226.65$8,089
Apr 20057970249.207.36$9,054
Mar 20057668650.377.15$8,736
Feb 2005059845.226.31$3,775
Jan 20058170343.166.32$7,940
Dec 20048271139.866.75$8,069
Nov 2004066845.286.33$4,229
Oct 20048169749.706.52$8,567
Sep 2004068043.245.28$3,593
Aug 20048071342.375.55$7,347
Jul 20047975538.286.08$7,618
Jun 2004055236.106.43$3,551
May 20048167037.486.49$7,387
Apr 20047969434.475.86$6,789
Mar 2004074634.365.53$4,125
Feb 2004057932.455.51$3,190
Jan 20048162232.036.30$6,513
Dec 2003063830.266.30$4,020
Nov 200316166728.804.60$7,702
Oct 2003069128.174.76$3,289
Sep 20038069126.314.75$5,387
Aug 2003071429.765.13$3,663
Jul 20037970229.415.17$5,953
Jun 20037970128.565.98$6,450
May 2003071426.595.97$4,264
Apr 2003072826.675.41$3,937
Mar 20037956531.146.10$5,904
Feb 2003041533.487.93$3,289
Jan 20037972630.315.58$6,447
Dec 2002068426.914.85$3,320
Nov 2002067124.664.14$2,776
Oct 20028072926.464.23$5,200
Sep 2002071227.443.64$2,588
Aug 2002075425.963.16$2,386
Jul 2002074424.583.06$2,278
Jun 20027972423.733.34$4,292
May 20027675424.663.58$4,577
Apr 2002065323.653.51$2,294
Mar 20028069822.003.10$3,926
Feb 20027868518.222.38$3,049
Jan 20027976117.172.38$3,164
Dec 20017874116.932.36$3,073
Nov 2001074218.072.41$1,785
Oct 20017560319.782.53$3,008
Sep 2001066224.262.25$1,490
Aug 2001067024.873.05$2,046
Jul 20017771523.933.20$4,129
Jun 20017672024.563.82$4,620
May 20017775225.524.31$5,204
Apr 2001072524.685.34$3,868
Mar 20017475424.545.38$5,870
Feb 20017668827.755.77$6,077
Jan 20018374727.478.40$8,554
Dec 2000075226.889.12$6,860
Nov 20009373432.215.66$7,149
Oct 2000076831.235.15$3,952
Sep 20007874631.875.19$6,355
Aug 20007976729.644.54$5,824
Jul 20008077728.534.09$5,460
Jun 2000073929.304.40$3,250
May 20008376727.263.68$5,085
Apr 20008774624.513.12$4,457
Mar 2000078128.422.86$2,233
Feb 20009673727.622.73$4,661
Jan 2000075425.272.48$1,870
Dec 19999372624.282.42$4,018
Nov 19998874923.192.43$3,864
Oct 1999077020.982.80$2,159
Sep 19998574121.752.62$3,789
Aug 19998778119.262.88$3,921
Jul 19999079317.892.37$3,491
Jun 199916976915.942.36$4,510
May 1999073915.792.32$1,715
Apr 199921573815.102.21$4,876
Mar 1999076612.471.84$1,408
Feb 199907019.981.82$1,274
Jan 1999069710.381.90$1,324
Dec 19982427489.201.77$3,553
Nov 1998067610.892.19$1,478
Oct 1998066312.421.97$1,306
Sep 1998071612.592.08$1,491
Aug 1998069811.301.91$1,331
Jul 199816980211.742.24$3,778
Jun 1998076111.242.24$1,703
May 1998080912.622.21$1,785
Apr 1998072613.042.51$1,819
Mar 199814677912.802.31$3,668
Feb 1998069313.952.30$1,593
Jan 1998075214.702.15$1,620
Dec 199712574516.322.41$3,836
Nov 1997073718.193.09$2,276
Oct 1997075819.253.15$2,388
Sep 199716080517.742.95$5,217
Aug 1997080517.862.55$2,057
Jul 1997071017.582.25$1,595
Jun 199718279017.242.26$4,921
May 1997080818.972.31$1,865
Apr 1997077017.882.08$1,604
Mar 199717586318.951.94$4,990
Feb 1997050820.492.21$1,121
Jan 1997062423.483.54$2,209
Dec 199617173423.32$3,988
Nov 1996072221.97$0
Oct 1996079223.31$0
Sep 199616975522.22$3,755
Aug 1996084320.26$0
Jul 1996080819.55$0
Jun 199619281618.73$3,596
May 1996076119.43$0
Apr 199618877221.51$4,044
Mar 1996073819.38$0
Feb 1996071416.98$0
Jan 199618872217.07$3,209
Dec 1995071317.19$0
Nov 199520171116.00$3,216
Oct 1995077415.43$0
Sep 1995077516.18$0
Aug 199520377615.92$3,232
Jul 1995081115.24$0
Jun 1995075016.41$0
May 199518884517.56$3,301
Apr 1995067417.73$0
Mar 199518681416.44$3,058
Feb 1995069516.58$0
Jan 199512875515.92$2,038
Dec 1994080915.03$0
Nov 199415376215.90$2,433
Oct 19948281715.58$1,278
Sep 1994081415.29$0
Aug 19948385816.13$1,339
Jul 19948686917.56$1,510
Jun 199415583317.09$2,649
May 19947678515.88$1,207
Apr 199416582014.14$2,333
Mar 1994083712.46$0
Feb 199420869212.50$2,600
Jan 199420477112.66$2,583
Dec 1993067212.33$0
Nov 1993062014.49$0
Oct 199310364515.85$1,633
Sep 199316366615.03$2,450
Aug 1993076215.66$0
Jul 199312188215.46$1,871
Jun 199318083616.79$3,022
May 199310283017.68$1,803
Apr 1993073718.05$0
Mar 199315776018.14$2,848
Feb 1993266917.90$36
Jan 19939870016.93$1,659

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.

Dec 2014 — as filed, then multipliedworked
Oil                   55 bbl  × $ 54.69 =     $3,008
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $3,008

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/3639 is the state's own key, not one this site invented.