BILLUPS, W. T.

Operated by S.B. STREET OPERATING, INC. (P-5 740251) in the SYKES, WEST (MORRIS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7685District 7CField 87798500OilCasinghead gasSaveExport
Value, all time
$153 k
Jan 1993 – Nov 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
203
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 5 leases and 16 wells, and the rule below applies to all of them.

Discovered
1953-03-08
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

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

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
OilDisposition6,010 bbl$152,879
Casinghead gasProduction91 Mcf$169
Total$153,047

35 Mcf of this lease's gas, across 35 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 (3)

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 32.0082, -99.8419. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.00831, -99.84169 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
3,664 ft
3 wells filed one
Completion to plug
19.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 3,664 and 4,061 ft, median 3,664 ft, over the 3 wells that filed a depth.

Completions filed
Dec 1978 – Jul 1989
3 of 3 wells
Plug dates filed
Jul 2000 – Oct 2008
3 of 3 wells

Last completion to plug: a median of 19.6 years across the 3 wells that filed both dates, with the middle half between 15.3 years and 24.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3993398533,664 ftJul 1989Jul 2000Yes
42-3993398643,664 ftMar 1989Oct 2008Yes
42-3993126814,061 ftDec 1978Oct 2008Yes

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 (203)

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

203 months

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 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007173070.906.39$12,266
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006177066.286.38$11,732
May 20061066.016.42$66
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005175054.9413.42$9,615
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005179061.4512.08$11,000
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005163050.377.15$8,210
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004176039.866.75$7,015
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004111042.375.55$4,703
Jul 200423038.286.08$880
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002109118.222.38$1,988
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 2001178024.873.05$4,427
Jul 20010123.933.20$3
Jun 20010124.563.82$4
May 2001182125.524.31$4,649
Apr 20010124.685.34$5
Mar 2001168124.545.38$4,128
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 2000185126.889.12$4,982
Nov 20000032.215.66$0
Oct 2000182131.235.15$5,689
Sep 20000131.875.19$5
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000177124.513.12$4,341
Mar 20000128.422.86$3
Feb 20000127.622.73$3
Jan 20000125.272.48$2
Dec 19990124.282.42$2
Nov 19990123.192.43$2
Oct 19990020.982.80$0
Sep 19990121.752.62$3
Aug 19990019.262.88$0
Jul 19990117.892.37$2
Jun 19990115.942.36$2
May 1999179115.792.32$2,829
Apr 19990115.102.21$2
Mar 1999183112.471.84$2,284
Feb 1999019.981.82$2
Jan 1999183110.381.90$1,901
Dec 1998019.201.77$2
Nov 1998174110.892.19$1,897
Oct 1998179112.421.97$2,225
Sep 19980112.592.08$2
Aug 19980111.301.91$2
Jul 1998181111.742.24$2,127
Jun 19980111.242.24$2
May 1998177112.622.21$2,236
Apr 19980113.042.51$3
Mar 1998184112.802.31$2,358
Feb 1998180113.952.30$2,513
Jan 19980114.702.15$2
Dec 1997158116.322.41$2,581
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 1997141117.742.95$2,504
Aug 19970117.862.55$3
Jul 1997170117.582.25$2,991
Jun 19970117.242.26$2
May 1997184118.972.31$3,493
Apr 1997180117.882.08$3,220
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 1997179123.483.54$4,206
Dec 19960123.32$0
Nov 1996182121.97$3,999
Oct 19960123.31$0
Sep 19960122.22$0
Aug 1996186120.26$3,768
Jul 19960119.55$0
Jun 19960118.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960116.98$0
Jan 1996177117.07$3,021
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950115.92$0
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 19950116.44$0
Feb 19950116.58$0
Jan 19950115.92$0
Dec 19940115.03$0
Nov 19940115.90$0
Oct 1994145115.58$2,259
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940017.56$0
Jun 19940117.09$0
May 19940015.88$0
Apr 19940114.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 1994166012.66$2,102
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 1993163116.79$2,737
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930117.90$0
Jan 19930016.93$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.

Jul 2007 — as filed, then multipliedworked
Oil                  173 bbl  × $ 70.90 =    $12,266
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                  $12,266

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/7685 is the state's own key, not one this site invented.