HENDERSON

Operated by DISCOVERY OPERATING, INC. (P-5 220865) in the DISCOVERY (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8768District 7CField 24962500NGPA filingOilCasinghead gasSaveExport
Value, all time
$202 k
Jan 1993 – Dec 2004
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
144
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1980-11-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA3none

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
OilDisposition2,511 bbl$48,793
Casinghead gasProduction82,247 Mcf$153,339
Total$202,132

35,319 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 31.0537, -100.6456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.05365, -100.64558 · 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
6,551 ft
1 wells filed one
Completion to plug
31.3 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 6,551 ft.

Completions filed
Nov 1980
1 of 1 wells
Plug dates filed
Feb 2012
1 of 1 wells

Last completion to plug: a median of 31.3 years across the 1 well that filed both dates, with the middle half between 31.3 years and 31.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133093516,551 ftNov 1980Feb 2012Yes

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 (144)

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

144 months

Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 200482036.106.43$2,960
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004033532.036.30$2,110
Dec 2003047530.266.30$2,993
Nov 2003022528.804.60$1,034
Oct 2003037528.174.76$1,785
Sep 2003026426.314.75$1,254
Aug 2003037629.765.13$1,929
Jul 2003030629.415.17$1,582
Jun 2003036928.565.98$2,208
May 2003028226.595.97$1,684
Apr 2003023126.675.41$1,249
Mar 2003028231.146.10$1,719
Feb 2003030633.487.93$2,425
Jan 2003044230.315.58$2,467
Dec 2002145726.914.85$2,245
Nov 2002044824.664.14$1,853
Oct 2002046626.464.23$1,971
Sep 200216745127.443.64$6,222
Aug 2002048025.963.16$1,519
Jul 2002048324.583.06$1,479
Jun 2002046023.733.34$1,536
May 2002056424.663.58$2,021
Apr 2002071923.653.51$2,525
Mar 20020022.003.10$0
Feb 2002050118.222.38$1,190
Jan 2002057217.172.38$1,359
Dec 2001060716.932.36$1,435
Nov 2001038218.072.41$919
Oct 2001053919.782.53$1,363
Sep 2001053924.262.25$1,213
Aug 2001057224.873.05$1,746
Jul 200116758423.933.20$5,863
Jun 2001057624.563.82$2,203
May 2001058825.524.31$2,533
Apr 2001057124.685.34$3,046
Mar 2001057724.545.38$3,102
Feb 2001053227.755.77$3,068
Jan 2001039727.478.40$3,334
Dec 2000046826.889.12$4,269
Nov 2000040032.215.66$2,263
Oct 2000043731.235.15$2,249
Sep 2000055031.875.19$2,853
Aug 200014357129.644.54$6,831
Jul 2000058328.534.09$2,384
Jun 2000056929.304.40$2,502
May 2000059427.263.68$2,186
Apr 2000056924.513.12$1,773
Mar 2000061028.422.86$1,744
Feb 2000055427.622.73$1,510
Jan 200016761725.272.48$5,751
Dec 1999060824.282.42$1,474
Nov 1999056723.192.43$1,380
Oct 1999062620.982.80$1,755
Sep 1999060821.752.62$1,592
Aug 1999064419.262.88$1,852
Jul 1999064117.892.37$1,521
Jun 1999070615.942.36$1,668
May 1999077715.792.32$1,803
Apr 1999024915.102.21$550
Mar 1999062612.471.84$1,151
Feb 199907409.981.82$1,345
Jan 199917777910.381.90$3,317
Dec 199807789.201.77$1,380
Nov 1998092210.892.19$2,015
Oct 1998091712.421.97$1,806
Sep 1998064512.592.08$1,343
Aug 1998084411.301.91$1,610
Jul 1998052511.742.24$1,175
Jun 199817668611.242.24$3,513
May 1998084212.622.21$1,858
Apr 1998061413.042.51$1,538
Mar 1998067912.802.31$1,568
Feb 1998070213.952.30$1,614
Jan 1998072514.702.15$1,562
Dec 1997077816.322.41$1,876
Nov 1997071818.193.09$2,217
Oct 1997071019.253.15$2,236
Sep 1997053117.742.95$1,569
Aug 1997067217.862.55$1,717
Jul 1997049317.582.25$1,108
Jun 1997076817.242.26$1,734
May 199717365718.972.31$4,798
Apr 1997045217.882.08$941
Mar 1997093118.951.94$1,805
Feb 1997046920.492.21$1,035
Jan 1997044423.483.54$1,572
Dec 1996098923.32$0
Nov 199601,26121.97$0
Oct 1996072523.31$0
Sep 1996580222.22$111
Aug 19961791,18120.26$3,627
Jul 1996590119.55$98
Jun 1996594018.73$94
May 1996582119.43$97
Apr 1996587321.51$108
Mar 199617581019.38$3,392
Feb 1996584816.98$85
Jan 1996582617.07$85
Dec 1995585117.19$86
Nov 199517976116.00$2,864
Oct 1995175215.43$15
Sep 1995091316.18$0
Aug 1995083215.92$0
Jul 1995097115.24$0
Jun 199517146216.41$2,806
May 1995075717.56$0
Apr 1995061917.73$0
Mar 1995071616.44$0
Feb 1995055616.58$0
Jan 199516359115.92$2,595
Dec 1994068415.03$0
Nov 1994084815.90$0
Oct 1994096215.58$0
Sep 1994073815.29$0
Aug 1994087216.13$0
Jul 199417472517.56$3,055
Jun 1994065717.09$0
May 199401,02415.88$0
Apr 1994069114.14$0
Mar 1994061812.46$0
Feb 1994061412.50$0
Jan 1994045012.66$0
Dec 1993041012.33$0
Nov 199317568814.49$2,536
Oct 1993060415.85$0
Sep 1993053315.03$0
Aug 1993050015.66$0
Jul 1993066015.46$0
Jun 1993050716.79$0
May 1993059817.68$0
Apr 1993059418.05$0
Mar 1993160318.14$18
Feb 1993042717.90$0
Jan 1993055416.93$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.

Jun 2004 — as filed, then multipliedworked
Oil                   82 bbl  × $ 36.10 =     $2,960
Casinghead gas         0 Mcf  × $  6.43 =         $0

────────────────────────────────────────────────────
Month total                                   $2,960

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/8768 is the state's own key, not one this site invented.