AVERITTE

Operated by JM COX RESOURCES, L.P. (P-5 433075) 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 7490District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$761 k
Jan 1993 – Dec 2005
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
156
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
OilDisposition27,954 bbl$630,935
Casinghead gasProduction71,025 Mcf$130,034
Total$760,969

36,511 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 31.3727, -101.9299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37275, -101.92988 · 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
8,530 ft
1 wells filed one
Completion to plug
27.4 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 8,530 ft.

Completions filed
Jun 1978
1 of 1 wells
Plug dates filed
Nov 2005
1 of 1 wells

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613130418,530 ftJun 1978Nov 2005Yes

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 (156)

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

156 months

Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005113061.4512.08$6,944
Aug 200506961.519.80$676
Jul 200506855.697.84$533
Jun 200506852.337.38$502
May 200506845.226.65$452
Apr 200518318549.207.36$10,365
Mar 200515930450.377.15$10,184
Feb 200518528845.226.31$10,184
Jan 2005015443.166.32$974
Dec 200417911139.866.75$7,884
Nov 200418420045.286.33$9,598
Oct 200418330849.706.52$11,102
Sep 200418325143.245.28$9,239
Aug 200419527042.375.55$9,761
Jul 200418329138.286.08$8,776
Jun 200418537336.106.43$9,078
May 200417124537.486.49$8,000
Apr 20043678534.475.86$13,148
Mar 20041838834.365.53$6,775
Feb 200418822532.455.51$7,340
Jan 200416122232.036.30$6,555
Dec 200318521130.266.30$6,928
Nov 200318621028.804.60$6,322
Oct 200335929928.174.76$11,536
Sep 200318220926.314.75$5,781
Aug 2003027129.765.13$1,390
Jul 200319519029.415.17$6,717
Jun 200334826028.565.98$11,494
May 200317931426.595.97$6,635
Apr 200318136226.675.41$6,785
Mar 200318329831.146.10$7,515
Feb 200318529733.487.93$8,548
Jan 200317135830.315.58$7,181
Dec 200237216726.914.85$10,821
Nov 200218320324.664.14$5,353
Oct 200217027526.464.23$5,661
Sep 200216729627.443.64$5,659
Aug 200217932725.963.16$5,682
Jul 200217636224.583.06$5,434
Jun 200218433423.733.34$5,481
May 200235724324.663.58$9,675
Apr 200218520723.653.51$5,102
Mar 200215326622.003.10$4,191
Feb 200234822318.222.38$6,870
Jan 2002024817.172.38$589
Dec 200136324416.932.36$6,723
Nov 200117534218.072.41$3,985
Oct 200116942319.782.53$4,413
Sep 200117341424.262.25$5,129
Aug 200117233324.873.05$5,294
Jul 20013161,20523.933.20$11,414
Jun 200117544224.563.82$5,988
May 200116319425.524.31$4,995
Apr 200118841824.685.34$6,870
Mar 200133044724.545.38$10,501
Feb 200117840527.755.77$7,275
Jan 200118639827.478.40$8,452
Dec 200017841726.889.12$8,589
Nov 200018240732.215.66$8,165
Oct 200017740331.235.15$7,601
Sep 200034041631.875.19$12,993
Aug 2000046629.644.54$2,116
Jul 200032247728.534.09$11,137
Jun 200018245429.304.40$7,329
May 200017743827.263.68$6,437
Apr 200018741824.513.12$5,886
Mar 200033843028.422.86$10,836
Feb 2000039927.622.73$1,088
Jan 200035241325.272.48$9,919
Dec 199918040524.282.42$5,352
Nov 199917940223.192.43$5,129
Oct 199917642620.982.80$4,887
Sep 199918342921.752.62$5,104
Aug 199916342619.262.88$4,364
Jul 199918646217.892.37$4,424
Jun 199917844315.942.36$3,884
May 199917434615.792.32$3,551
Apr 199918345115.102.21$3,759
Mar 199918743412.471.84$3,130
Feb 19991814149.981.82$2,559
Jan 199918443310.381.90$2,733
Dec 19981834129.201.77$2,414
Nov 199833241510.892.19$4,523
Oct 199815342712.421.97$2,741
Sep 199817644212.592.08$3,136
Aug 199817046111.301.91$2,800
Jul 199834824711.742.24$4,638
Jun 199808311.242.24$186
May 199817212312.622.21$2,442
Apr 199818826713.042.51$3,120
Mar 199837142212.802.31$5,723
Feb 199819033513.952.30$3,421
Jan 199818732914.702.15$3,458
Dec 199718934116.322.41$3,907
Nov 199718729518.193.09$4,313
Oct 199717828419.253.15$4,321
Sep 1997034817.742.95$1,028
Aug 199735654117.862.55$7,740
Jul 199717546417.582.25$4,119
Jun 199718343217.242.26$4,130
May 199717843518.972.31$4,381
Apr 199718040317.882.08$4,058
Mar 199718345918.951.94$4,358
Feb 199718240120.492.21$4,614
Jan 199719037123.483.54$5,774
Dec 199618044523.32$4,198
Nov 199617544421.97$3,845
Oct 199619246423.31$4,476
Sep 199618246422.22$4,044
Aug 199618262820.26$3,687
Jul 199618165319.55$3,539
Jun 199617064818.73$3,184
May 199618966319.43$3,672
Apr 199618741021.51$4,022
Mar 199617929319.38$3,469
Feb 199619369516.98$3,277
Jan 199618670917.07$3,175
Dec 199518368117.19$3,146
Nov 199516265516.00$2,592
Oct 199519176115.43$2,947
Sep 199517076816.18$2,751
Aug 1995071415.92$0
Jul 199517975215.24$2,728
Jun 199517878616.41$2,921
May 199518384117.56$3,213
Apr 199517678717.73$3,120
Mar 199518985016.44$3,107
Feb 1995080116.58$0
Jan 199514985715.92$2,372
Dec 199418185715.03$2,720
Nov 199418487915.90$2,926
Oct 199418392615.58$2,851
Sep 199418492315.29$2,813
Aug 199417895116.13$2,871
Jul 199417996317.56$3,143
Jun 199417593717.09$2,991
May 199417989315.88$2,843
Apr 199418693914.14$2,630
Mar 199415893312.46$1,969
Feb 1994086112.50$0
Jan 199418590112.66$2,342
Dec 199318484812.33$2,269
Nov 199318390814.49$2,652
Oct 199318490815.85$2,916
Sep 199318489815.03$2,766
Aug 199317988315.66$2,803
Jul 199317988015.46$2,767
Jun 199318080416.79$3,022
May 199336481617.68$6,436
Apr 199318458918.05$3,321
Mar 199318179618.14$3,283
Feb 199318169517.90$3,240
Jan 199318575416.93$3,132

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.

Sep 2005 — as filed, then multipliedworked
Oil                  113 bbl  × $ 61.45 =     $6,944
Casinghead gas         0 Mcf  × $ 12.08 =         $0

────────────────────────────────────────────────────
Month total                                   $6,944

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/7490 is the state's own key, not one this site invented.