CRAVENS 31 B

Operated by COX, JOHN L. (P-5 185980) 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 7470District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$93 k
Jan 1993 – Dec 1996
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
48
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.

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
NGPA1none

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
OilDisposition5,713 bbl$93,391
Casinghead gasProduction16,521 Mcf$0
Total$93,391

16,521 Mcf of this lease's gas, across 43 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 31.3568, -101.9427. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35684, -101.94270 · 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
8,500 ft
1 wells filed one
Completion to plug
18.3 years
median over 1 well

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 8,500 ft.

Completions filed
May 1978
1 of 1 wells
Plug dates filed
Sep 1996
1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613129818,500 ftMay 1978Sep 1996Yes

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 (48)

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

48 months

Dec 19960023.32$0
Nov 19960021.97$0
Oct 199640023.31$932
Sep 19960022.22$0
Aug 199688020.26$1,783
Jul 19961726219.55$3,363
Jun 1996029618.73$0
May 199618330319.43$3,556
Apr 1996030621.51$0
Mar 1996022719.38$0
Feb 199619526216.98$3,311
Jan 1996030117.07$0
Dec 199518137317.19$3,111
Nov 1995039816.00$0
Oct 199518233815.43$2,808
Sep 1995031916.18$0
Aug 199518035315.92$2,866
Jul 1995034415.24$0
Jun 199519142816.41$3,134
May 199518141417.56$3,178
Apr 199518243917.73$3,227
Mar 1995037016.44$0
Feb 199518138716.58$3,001
Jan 199518345915.92$2,913
Dec 1994041115.03$0
Nov 199418435615.90$2,926
Oct 199418540715.58$2,882
Sep 1994140615.29$15
Aug 199418035216.13$2,903
Jul 1994039117.56$0
Jun 199432142817.09$5,486
May 1994039115.88$0
Apr 199418543614.14$2,616
Mar 199418246812.46$2,268
Feb 199418331812.50$2,288
Jan 1994043212.66$0
Dec 199318344012.33$2,256
Nov 199318443714.49$2,666
Oct 199317946315.85$2,837
Sep 199318143015.03$2,720
Aug 199318147515.66$2,834
Jul 199316044815.46$2,474
Jun 199318047316.79$3,022
May 199317343317.68$3,059
Apr 199318439418.05$3,321
Mar 1993045918.14$0
Feb 199336744917.90$6,569
Jan 199318144516.93$3,064

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 1996 — as filed, then multipliedworked
Oil                   40 bbl  × $ 23.31 =       $932
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $932

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/7470 is the state's own key, not one this site invented.