PHILLIPS, FORTUNE

Operated by ATROPOS EXPLORATION COMPANY (P-5 36618) in the BAKER RANCH (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7631District 7CField 05143300NGPA filingOilCasinghead gasSaveExport
Value, all time
$855 k
Jan 1993 – May 2011
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
221
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 132 leases and 192 wells, and the rule below applies to all of them.

Discovered
1976-03-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 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: THE TOLERANCE ACREAGE OF 40 WAS REMOVED PER DOCKET 7C-0231629.

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
OilDisposition3,522 bbl$107,284
Casinghead gasProduction210,440 Mcf$747,654
Total$854,938

54,052 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 31.1235, -100.8422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.12352, -100.84215 · 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
7,350 ft
1 wells filed one
Completion to plug
32.1 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 7,350 ft.

Completions filed
Oct 1978
1 of 1 wells
Plug dates filed
Nov 2010
1 of 1 wells

Last completion to plug: a median of 32.1 years across the 1 well that filed both dates, with the middle half between 32.1 years and 32.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353130817,350 ftOct 1978Nov 2010Yes

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 (221)

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

221 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201184096.364.06$8,094
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008089131.0811.39$1,014
Jun 20080930131.3313.03$12,120
May 200801,506123.1711.57$17,431
Apr 20080977110.3110.45$10,214
Mar 20080957101.909.66$9,249
Feb 2008085892.538.77$7,525
Jan 200816892190.388.21$22,741
Dec 2007092388.337.30$6,740
Nov 2007089091.677.29$6,490
Oct 2007094882.856.92$6,562
Sep 2007093475.846.24$5,832
Aug 2007099369.066.39$6,343
Jul 200701,03270.906.39$6,592
Jun 2007084462.007.55$6,371
May 200701,00058.747.85$7,846
Apr 2007089059.617.81$6,947
Mar 2007096156.927.30$7,017
Feb 2007085355.108.22$7,008
Jan 200717692850.306.73$15,095
Dec 2006092556.656.92$6,400
Nov 2006090254.207.62$6,871
Oct 2006095554.906.01$5,743
Sep 2006093860.085.04$4,725
Aug 2006097668.717.34$7,164
Jul 2006095969.376.34$6,083
Jun 2006093266.286.38$5,950
May 2006096266.016.42$6,181
Apr 2006093264.397.36$6,860
Mar 2006096956.707.08$6,863
Feb 2006083657.597.75$6,480
Jan 200618191460.598.93$19,132
Dec 2005097254.9413.42$13,040
Nov 2005094654.6910.59$10,017
Oct 2005098558.3413.80$13,589
Sep 2005096461.4512.08$11,644
Aug 2005099461.519.80$9,738
Jul 200501,00055.697.84$7,844
Jun 2005095852.337.38$7,071
May 2005098345.226.65$6,538
Apr 2005094849.207.36$6,978
Mar 200501,00350.377.15$7,176
Feb 2005089945.226.31$5,674
Jan 200517198043.166.32$13,576
Dec 2004099239.866.75$6,697
Nov 2004096545.286.33$6,109
Oct 200401,00649.706.52$6,554
Sep 200401,02343.245.28$5,405
Aug 2004097142.375.55$5,390
Jul 200401,03038.286.08$6,267
Jun 2004099736.106.43$6,414
May 200401,03837.486.49$6,741
Apr 2004099734.475.86$5,841
Mar 200401,03634.365.53$5,729
Feb 2004097232.455.51$5,355
Jan 20041821,03432.036.30$12,343
Dec 200301,03930.266.30$6,547
Nov 200301,00928.804.60$4,637
Oct 200301,04228.174.76$4,960
Sep 200301,01926.314.75$4,840
Aug 200301,07529.765.13$5,514
Jul 200301,15129.415.17$5,952
Jun 2003084528.565.98$5,056
May 200301,05326.595.97$6,289
Apr 200301,02726.675.41$5,553
Mar 200301,06231.146.10$6,474
Feb 200317793833.487.93$13,360
Jan 200301,04930.315.58$5,856
Dec 200201,05526.914.85$5,121
Nov 200201,02424.664.14$4,236
Oct 200201,06426.464.23$4,500
Sep 200201,06927.443.64$3,886
Aug 200201,12625.963.16$3,563
Jul 200201,24124.583.06$3,800
Jun 20025399523.733.34$4,579
May 2002066024.663.58$2,365
Apr 200201,00523.653.51$3,530
Mar 200201,04622.003.10$3,245
Feb 2002095618.222.38$2,271
Jan 200201,07217.172.38$2,547
Dec 200101,06316.932.36$2,513
Nov 200101,03718.072.41$2,495
Oct 200101,07619.782.53$2,721
Sep 200101,03424.262.25$2,328
Aug 20011701,08424.873.05$7,538
Jul 200101,11023.933.20$3,549
Jun 200101,17124.563.82$4,478
May 200101,47225.524.31$6,340
Apr 200101,04924.685.34$5,597
Mar 200101,07124.545.38$5,758
Feb 200101,00127.755.77$5,773
Jan 200101,12427.478.40$9,440
Dec 200001,11126.889.12$10,135
Nov 20001801,07932.215.66$11,903
Oct 200001,13531.235.15$5,840
Sep 200001,11531.875.19$5,783
Aug 200001,15329.644.54$5,235
Jul 200001,15928.534.09$4,740
Jun 200001,11229.304.40$4,890
May 200001,16727.263.68$4,294
Apr 200001,14024.513.12$3,552
Mar 200001,35328.422.86$3,869
Feb 200001,20527.622.73$3,285
Jan 20001781,02825.272.48$7,048
Dec 199901,09124.282.42$2,644
Nov 199901,35923.192.43$3,308
Oct 199901,34220.982.80$3,763
Sep 199901,45621.752.62$3,813
Aug 199901,64419.262.88$4,727
Jul 199901,75317.892.37$4,159
Jun 199902,24815.942.36$5,310
May 19991773,13115.792.32$10,062
Apr 199901,68415.102.21$3,718
Mar 199902,32812.471.84$4,280
Feb 199902,3269.981.82$4,228
Jan 199902,23110.381.90$4,239
Dec 199802,1899.201.77$3,882
Nov 199802,20110.892.19$4,811
Oct 19981741,94512.421.97$5,991
Sep 199801,97112.592.08$4,105
Aug 199801,62511.301.91$3,099
Jul 199801,45411.742.24$3,253
Jun 199801,55311.242.24$3,474
May 199801,32912.622.21$2,932
Apr 199801,67413.042.51$4,194
Mar 199801,97312.802.31$4,557
Feb 19981751,69213.952.30$6,331
Jan 199801,24014.702.15$2,672
Dec 199701,97216.322.41$4,755
Nov 199701,52518.193.09$4,710
Oct 199701,81119.253.15$5,704
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997067017.882.08$1,395
Mar 19971631,00518.951.94$5,038
Feb 1997087320.492.21$1,926
Jan 199701,09523.483.54$3,876
Dec 199601,12323.32$0
Nov 199601,30621.97$0
Oct 199617660223.31$4,103
Sep 199601,28322.22$0
Aug 1996084520.26$0
Jul 1996077119.55$0
Jun 1996092018.73$0
May 1996075619.43$0
Apr 1996071021.51$0
Mar 1996084219.38$0
Feb 199616768216.98$2,836
Jan 199601,18717.07$0
Dec 199501,00117.19$0
Nov 199501,21416.00$0
Oct 199501,12315.43$0
Sep 199501,07516.18$0
Aug 199501,48115.92$0
Jul 199501,18515.24$0
Jun 19951481,02416.41$2,429
May 199501,21117.56$0
Apr 199501,22917.73$0
Mar 199501,32216.44$0
Feb 199501,14416.58$0
Jan 199501,21215.92$0
Dec 19941501,48915.03$2,255
Nov 199401,20615.90$0
Oct 199401,29115.58$0
Sep 199411,17515.29$15
Aug 199401,17616.13$0
Jul 199401,09317.56$0
Jun 199401,36717.09$0
May 1994871,53215.88$1,382
Apr 199401,46314.14$0
Mar 199418091912.46$2,243
Feb 1994097612.50$0
Jan 199401,06812.66$0
Dec 199301,10312.33$0
Nov 199301,18714.49$0
Oct 1993351,15315.85$555
Sep 199301,05415.03$0
Aug 199301,33915.66$0
Jul 1993321,26815.46$495
Jun 199301,21216.79$0
May 199301,27217.68$0
Apr 19931371,04118.05$2,473
Mar 199301,10118.14$0
Feb 199301,06517.90$0
Jan 199301,25416.93$0

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 2011 — as filed, then multipliedworked
Oil                   84 bbl  × $ 96.36 =     $8,094
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $8,094

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/7631 is the state's own key, not one this site invented.