VAUGHN ACCOUNT 24

Operated by ENERGY PRODUCTION CORPORATION (P-5 251989) in the TEXON, S (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5474District 7CField 89198500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$202 k
Jan 1993 – Oct 2002
Value, last 12 filed months
$516
at the published price for each month
Months reported
118
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 8 leases and 22 wells, and the rule below applies to all of them.

Discovered
1968-05-11
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition11,886 bbl$201,430
Casinghead gasProduction87 Mcf$93
Total$201,523

48 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 (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 31.1827, -101.6769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.18267, -101.67694 · 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
100.0%
2 of 2 wells
Median depth
3,391 ft
2 wells filed one
Completion to plug
10.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 3,282 and 3,500 ft, median 3,391 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1990
1 of 2 wells; 1 filed none
Plug dates filed
Nov 2000 – Oct 2002
2 of 2 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3831133813,500 ftOct 2002Yes
42-3833003243,282 ftAug 1990Nov 2000Yes

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 (118)

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

118 months

Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200221024.583.06$516
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000132031.235.15$4,122
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000124.513.12$3
Mar 2000148128.422.86$4,209
Feb 20000127.622.73$3
Jan 2000105125.272.48$2,656
Dec 19990124.282.42$2
Nov 19990123.192.43$2
Oct 19990020.982.80$0
Sep 19990121.752.62$3
Aug 1999123119.262.88$2,372
Jul 1999137117.892.37$2,453
Jun 19990115.942.36$2
May 1999158115.792.32$2,497
Apr 1999140115.102.21$2,116
Mar 19990112.471.84$2
Feb 19997319.981.82$730
Jan 199971110.381.90$739
Dec 19987819.201.77$719
Nov 19980110.892.19$2
Oct 199881112.421.97$1,008
Sep 199882112.592.08$1,034
Aug 199884111.301.91$951
Jul 199879111.742.24$930
Jun 199871111.242.24$800
May 199881112.622.21$1,024
Apr 199891113.042.51$1,189
Mar 1998101112.802.31$1,295
Feb 1998108113.952.30$1,509
Jan 1998229114.702.15$3,368
Dec 1997130116.322.41$2,124
Nov 19970118.193.09$3
Oct 1997149119.253.15$2,871
Sep 1997142117.742.95$2,522
Aug 1997145117.862.55$2,592
Jul 1997143117.582.25$2,516
Jun 1997139117.242.26$2,399
May 1997139118.972.31$2,639
Apr 1997129117.882.08$2,309
Mar 1997130118.951.94$2,465
Feb 1997132120.492.21$2,707
Jan 1997130123.483.54$3,056
Dec 1996135123.32$3,148
Nov 1996157121.97$3,449
Oct 1996120123.31$2,797
Sep 1996152122.22$3,377
Aug 19960120.26$0
Jul 1996261119.55$5,103
Jun 1996147118.73$2,753
May 1996148119.43$2,876
Apr 1996149121.51$3,205
Mar 1996135119.38$2,616
Feb 1996129116.98$2,190
Jan 1996135117.07$2,304
Dec 1995117117.19$2,011
Nov 1995128116.00$2,048
Oct 1995241115.43$3,719
Sep 1995139116.18$2,249
Aug 1995344115.92$5,476
Jul 19950115.24$0
Jun 1995194116.41$3,184
May 1995189117.56$3,319
Apr 19950117.73$0
Mar 1995182116.44$2,992
Feb 1995195116.58$3,233
Jan 1995202115.92$3,216
Dec 1994188115.03$2,826
Nov 1994190115.90$3,021
Oct 19940115.58$0
Sep 1994187115.29$2,859
Aug 1994187116.13$3,016
Jul 1994197117.56$3,459
Jun 1994196117.09$3,350
May 1994186115.88$2,954
Apr 1994177114.14$2,503
Mar 1994176112.46$2,193
Feb 1994181112.50$2,263
Jan 1994181112.66$2,291
Dec 1993179112.33$2,207
Nov 1993362114.49$5,245
Oct 1993178115.85$2,821
Sep 1993177115.03$2,660
Aug 1993178115.66$2,787
Jul 1993177115.46$2,736
Jun 1993175116.79$2,938
May 1993178117.68$3,147
Apr 1993246118.05$4,440
Mar 1993180118.14$3,265
Feb 1993181117.90$3,240
Jan 1993329116.93$5,570

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.

Jul 2002 — as filed, then multipliedworked
Oil                   21 bbl  × $ 24.58 =       $516
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                     $516

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/5474 is the state's own key, not one this site invented.