LEESON, S. H.

Name: LEESON, S. H. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PRIME OPERATING COMPANY (P-5 677770) 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 4812District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$392 k

Jan 1993 – Apr 2004

Value, last 12 filed months

at the published price for each month

Months reported

136

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Oil	Disposition	6,791 bbl	$124,991
Casinghead gas	Production	163,207 Mcf	$266,630
Total			$391,622

77,760 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 (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 31.5171, -101.5767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.51690, -101.57667 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,547 ft

3 wells filed one

Completion to plug

20.6 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 3,817 and 8,550 ft, median 8,547 ft, over the 3 wells that filed a depth.

Completions filed

Mar 1966 – Apr 2003

3 of 3 wells

Plug dates filed

Jul 1985 – Nov 2023

3 of 3 wells

Last completion to plug: a median of 20.6 years across the 3 wells that filed both dates, with the middle half between 19.6 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-38333442	2	8,550 ft	Apr 2003	Nov 2023	Yes
42-38320199	1D	3,817 ft	Jan 1967	Jul 1985	Yes
42-38310672	1	8,547 ft	Mar 1966	Jan 1989	Yes

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 (136)

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

136 months


Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	452	31.14	6.10	$2,755
Feb 2003	0	394	33.48	7.93	$3,123
Jan 2003	0	475	30.31	5.58	$2,651
Dec 2002	0	385	26.91	4.85	$1,869
Nov 2002	38	437	24.66	4.14	$2,745
Oct 2002	0	695	26.46	4.23	$2,939
Sep 2002	77	1,025	27.44	3.64	$5,839
Aug 2002	0	1,076	25.96	3.16	$3,405
Jul 2002	35	1,128	24.58	3.06	$4,314
Jun 2002	50	968	23.73	3.34	$4,418
May 2002	37	1,073	24.66	3.58	$4,758
Apr 2002	45	1,021	23.65	3.51	$4,650
Mar 2002	61	1,053	22.00	3.10	$4,609
Feb 2002	78	952	18.22	2.38	$3,683
Jan 2002	0	815	17.17	2.38	$1,936
Dec 2001	78	1,237	16.93	2.36	$4,245
Nov 2001	0	1,059	18.07	2.41	$2,547
Oct 2001	79	732	19.78	2.53	$3,414
Sep 2001	0	856	24.26	2.25	$1,927
Aug 2001	80	1,136	24.87	3.05	$5,458
Jul 2001	7	1,050	23.93	3.20	$3,524
Jun 2001	71	1,078	24.56	3.82	$5,866
May 2001	1	1,111	25.52	4.31	$4,811
Apr 2001	40	1,089	24.68	5.34	$6,797
Mar 2001	32	1,091	24.54	5.38	$6,651
Feb 2001	62	970	27.75	5.77	$7,315
Jan 2001	65	1,085	27.47	8.40	$10,898
Dec 2000	87	1,074	26.88	9.12	$12,136
Nov 2000	0	1,054	32.21	5.66	$5,964
Oct 2000	37	1,131	31.23	5.15	$6,975
Sep 2000	55	1,151	31.87	5.19	$7,723
Aug 2000	74	1,217	29.64	4.54	$7,719
Jul 2000	2	1,123	28.53	4.09	$4,650
Jun 2000	51	1,138	29.30	4.40	$6,498
May 2000	42	1,215	27.26	3.68	$5,616
Apr 2000	43	1,163	24.51	3.12	$4,678
Mar 2000	56	1,209	28.42	2.86	$5,049
Feb 2000	49	1,129	27.62	2.73	$4,432
Jan 2000	51	1,170	25.27	2.48	$4,191
Dec 1999	67	1,213	24.28	2.42	$4,567
Nov 1999	45	1,097	23.19	2.43	$3,714
Oct 1999	37	1,220	20.98	2.80	$4,197
Sep 1999	45	1,229	21.75	2.62	$4,197
Aug 1999	43	1,300	19.26	2.88	$4,566
Jul 1999	75	1,297	17.89	2.37	$4,419
Jun 1999	5	1,198	15.94	2.36	$2,910
May 1999	53	1,337	15.79	2.32	$3,940
Apr 1999	41	996	15.10	2.21	$2,818
Mar 1999	46	1,306	12.47	1.84	$2,974
Feb 1999	50	1,147	9.98	1.82	$2,584
Jan 1999	55	1,227	10.38	1.90	$2,902
Dec 1998	66	1,258	9.20	1.77	$2,838
Nov 1998	43	1,229	10.89	2.19	$3,155
Oct 1998	57	1,298	12.42	1.97	$3,264
Sep 1998	91	1,276	12.59	2.08	$3,803
Aug 1998	0	1,317	11.30	1.91	$2,512
Jul 1998	87	1,352	11.74	2.24	$4,046
Jun 1998	0	1,327	11.24	2.24	$2,969
May 1998	49	1,232	12.62	2.21	$3,337
Apr 1998	38	1,289	13.04	2.51	$3,725
Mar 1998	66	1,323	12.80	2.31	$3,900
Feb 1998	62	1,223	13.95	2.30	$3,677
Jan 1998	56	1,364	14.70	2.15	$3,762
Dec 1997	79	1,348	16.32	2.41	$4,539
Nov 1997	46	1,300	18.19	3.09	$4,851
Oct 1997	52	1,419	19.25	3.15	$5,471
Sep 1997	89	1,400	17.74	2.95	$5,716
Aug 1997	0	1,421	17.86	2.55	$3,630
Jul 1997	49	1,481	17.58	2.25	$4,189
Jun 1997	67	1,444	17.24	2.26	$4,414
May 1997	34	1,593	18.97	2.31	$4,322
Apr 1997	124	1,425	17.88	2.08	$5,185
Mar 1997	0	1,663	18.95	1.94	$3,225
Feb 1997	43	1,239	20.49	2.21	$3,614
Jan 1997	190	1,442	23.48	3.54	$9,565
Dec 1996	1	1,454	23.32	—	$23
Nov 1996	68	1,436	21.97	—	$1,494
Oct 1996	0	1,543	23.31	—	$0
Sep 1996	106	1,462	22.22	—	$2,355
Aug 1996	0	1,570	20.26	—	$0
Jul 1996	57	1,631	19.55	—	$1,114
Jun 1996	49	1,611	18.73	—	$918
May 1996	123	1,624	19.43	—	$2,390
Apr 1996	1	1,566	21.51	—	$22
Mar 1996	70	1,629	19.38	—	$1,357
Feb 1996	75	1,560	16.98	—	$1,274
Jan 1996	54	1,649	17.07	—	$922
Dec 1995	64	1,639	17.19	—	$1,100
Nov 1995	66	1,543	16.00	—	$1,056
Oct 1995	64	1,789	15.43	—	$988
Sep 1995	58	1,779	16.18	—	$938
Aug 1995	66	1,841	15.92	—	$1,051
Jul 1995	60	1,849	15.24	—	$914
Jun 1995	59	1,749	16.41	—	$968
May 1995	65	1,770	17.56	—	$1,141
Apr 1995	140	1,702	17.73	—	$2,482
Mar 1995	0	1,770	16.44	—	$0
Feb 1995	75	1,585	16.58	—	$1,244
Jan 1995	75	1,821	15.92	—	$1,194
Dec 1994	82	1,777	15.03	—	$1,232
Nov 1994	84	1,774	15.90	—	$1,336
Oct 1994	142	1,926	15.58	—	$2,212
Sep 1994	0	1,740	15.29	—	$0
Aug 1994	86	2,002	16.13	—	$1,387
Jul 1994	68	2,001	17.56	—	$1,194
Jun 1994	129	1,949	17.09	—	$2,205
May 1994	58	1,985	15.88	—	$921
Apr 1994	80	1,905	14.14	—	$1,131
Mar 1994	156	1,940	12.46	—	$1,944
Feb 1994	100	1,948	12.50	—	$1,250
Jan 1994	155	1,497	12.66	—	$1,962
Dec 1993	0	1,308	12.33	—	$0
Nov 1993	1	1,286	14.49	—	$14
Oct 1993	85	1,398	15.85	—	$1,347
Sep 1993	108	1,417	15.03	—	$1,623
Aug 1993	76	1,193	15.66	—	$1,190
Jul 1993	77	1,550	15.46	—	$1,190
Jun 1993	111	1,438	16.79	—	$1,864
May 1993	72	1,229	17.68	—	$1,273
Apr 1993	89	1,242	18.05	—	$1,606
Mar 1993	0	1,274	18.14	—	$0
Feb 1993	82	1,071	17.90	—	$1,468
Jan 1993	121	1,338	16.93	—	$2,049

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 2003 — as filed, then multipliedworked

Oil                    0 bbl  × $ 31.14 =         $0
Casinghead gas       452 Mcf  × $  6.10 =     $2,755

────────────────────────────────────────────────────
Month total                                   $2,755

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/4812 is the state's own key, not one this site invented.