GREER, O. L.

Operated by BHP PETROLEUM (AMERICAS) INC. (P-5 68610) in the CALVIN (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5028District 7CField 14937333NGPA filingOilCasinghead gasSaveExport
Value, all time
$750 k
Jan 1993 – Feb 1996
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
38
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 498 leases and 1,074 wells, and the rule below applies to all of them.

Discovered
1965-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 7C,08-0209914

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA8none

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.

StreamBasisVolumeValue
OilDisposition47,343 bbl$749,662
Casinghead gasProduction835,579 Mcf$0
Total$749,662

835,579 Mcf of this lease's gas, across 34 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 (15)

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 31.5096, -101.5595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

31.51077, -101.55920 · 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%
15 of 15 wells
With a plug date
73.3%
11 of 15 wells
Median depth
8,207 ft
13 wells filed one
Completion to plug
31.0 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
15100.0%
A plug date is filed
1173.3%
BothOn the schedule and plugged. Neither fact cancels the other.
1173.3%
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

Total depth in feet, 13 of 15 wells. Median 8,207 ft, with the middle half between 7,954 and 9,000 ft; the shallowest is 7,750 ft and the deepest 11,430 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 15 wells, Dec 1965 – May 1992. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 1965 – May 1992
9 of 15 wells; 6 filed none
Plug dates filed
May 1972 – Feb 2024
11 of 15 wells; 4 filed none

Last completion to plug: a median of 31.0 years across the 7 wells that filed both dates, with the middle half between 28.0 years and 36.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

15 wells

42-3830139278,200 ftFeb 2024Yes
42-3831018919,000 ftApr 2002Yes
42-383105094Yes
42-38310575210,030 ftMar 2004Yes
42-3831058558,200 ftMay 1972Yes
42-383106166Yes
42-3833417215A8,250 ftMay 1992Yes
42-38334092147,954 ftMay 1991May 2019Yes
42-38334093138,300 ftMay 1991May 2019Yes
42-38333861117,863 ftJun 1988Aug 2023Yes
42-38333862127,860 ftMay 1988May 2019Yes
42-383335931011,430 ftMar 1986Feb 2024Yes
42-3833355497,750 ftOct 1985Mar 2004Yes
42-3833137088,207 ftOct 1979Yes
42-3831051839,000 ftDec 1965May 2017Yes

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 (38)

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

38 months

Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19951,37221,72415.43$21,170
Sep 199587820,64516.18$14,206
Aug 19951,06122,80115.92$16,891
Jul 199597522,48215.24$14,859
Jun 19951,09322,97016.41$17,936
May 19951,14824,34217.56$20,159
Apr 19951,12423,16017.73$19,929
Mar 19951,21523,96716.44$19,975
Feb 19951,03223,11316.58$17,111
Jan 19951,41123,49415.92$22,463
Dec 19941,03821,42515.03$15,601
Nov 19941,12123,99215.90$17,824
Oct 19941,22923,81715.58$19,148
Sep 19941,09123,24015.29$16,681
Aug 19941,12123,82316.13$18,082
Jul 19941,18724,36417.56$20,844
Jun 19941,22326,10317.09$20,901
May 19941,45725,28515.88$23,137
Apr 19941,40126,14614.14$19,810
Mar 19941,36724,44612.46$17,033
Feb 19941,45424,00812.50$18,175
Jan 19941,55625,24212.66$19,699
Dec 19931,59422,96612.33$19,654
Nov 19931,75626,33114.49$25,444
Oct 19931,50827,01615.85$23,902
Sep 19931,64527,73915.03$24,724
Aug 19931,61027,51615.66$25,213
Jul 19931,70727,30015.46$26,390
Jun 19931,61125,96016.79$27,049
May 19931,78227,06517.68$31,506
Apr 19931,73726,39518.05$31,353
Mar 19931,93126,81318.14$35,028
Feb 19931,65324,29017.90$29,589
Jan 19932,25525,59916.93$38,177

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.

Oct 1995 — as filed, then multipliedworked
Oil                1,372 bbl  × $ 15.43 =    $21,170
Casinghead gas    21,724 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                  $21,170

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/5028 is the state's own key, not one this site invented.