WEATHERFORD

Operated by LAVANCO ENERGY, LTD. (P-5 489783) in the VERIBEST, EAST (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8853District 7CField 93574700Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 1993 – Sep 2016
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
285
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 6 leases and 11 wells, and the rule below applies to all of them.

Discovered
1981-04-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
NGPA4none

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
OilDisposition90,046 bbl$3,056,491
Casinghead gasProduction62,448 Mcf$137,969
Total$3,194,460

32,951 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 (4)

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 31.4728, -100.2469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.47277, -100.24672 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
4,904 ft
4 wells filed one
Completion to plug
34.1 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 4,700 and 5,120 ft, median 4,904 ft, over the 4 wells that filed a depth.

Completions filed
Jul 1981 – Jun 1983
4 of 4 wells
Plug dates filed
Feb 2011 – Aug 2016
4 of 4 wells

Last completion to plug: a median of 34.1 years across the 4 wells that filed both dates, with the middle half between 32.2 years and 35.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4513070515,089 ftJun 1983Jul 2016Yes
42-4513080844,719 ftAug 1981Feb 2011Yes
42-4513079334,700 ftJul 1981Jul 2016Yes
42-4513076725,120 ftJul 1981Aug 2016Yes

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 (285)

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

285 months

Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016274036.561.99$10,017
Mar 20160033.011.79$0
Feb 2016180026.472.06$4,765
Jan 20160027.352.36$0
Dec 2015183032.362.00$5,922
Nov 2015133038.792.17$5,159
Oct 2015174043.552.43$7,578
Sep 20150042.992.76$0
Aug 2015177040.162.87$7,108
Jul 20150048.152.95$0
Jun 2015182056.152.88$10,219
May 2015182055.212.96$10,048
Apr 2015180049.822.71$8,968
Mar 2015180042.892.93$7,720
Feb 2015182044.662.98$8,128
Jan 20150043.433.10$0
Dec 2014179054.693.59$9,790
Nov 20140070.464.25$0
Oct 2014169078.303.90$13,233
Sep 2014190086.164.05$16,370
Aug 2014187089.394.04$16,716
Jul 20140096.564.18$0
Jun 2014171098.164.74$16,785
May 2014189094.734.73$17,904
Apr 2014188095.944.81$18,037
Mar 2014189095.895.06$18,123
Feb 2014185097.406.19$18,019
Jan 2014171090.404.86$15,458
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013175097.423.78$17,049
Sep 20131900104.113.72$19,781
Aug 20131620104.253.52$16,889
Jul 20131830102.523.72$18,761
Jun 2013183094.403.93$17,275
May 2013187094.834.15$17,733
Apr 2013185093.964.28$17,383
Mar 2013189093.623.91$17,694
Feb 2013183091.233.42$16,695
Jan 2013182091.603.42$16,671
Dec 20120086.773.42$0
Nov 2012187086.953.62$16,260
Oct 2012191089.383.40$17,072
Sep 2012177094.672.92$16,757
Aug 20120092.662.91$0
Jul 2012179085.133.02$15,238
Jun 2012190079.822.52$15,166
May 2012189091.612.49$17,314
Apr 20121900101.652.00$19,314
Mar 20121800105.052.22$18,909
Feb 20121960101.102.57$19,816
Jan 2012187098.092.73$18,343
Dec 20110096.873.24$0
Nov 2011187095.723.31$17,900
Oct 2011189084.983.65$16,061
Sep 2011190083.623.99$15,888
Aug 2011375083.404.15$31,275
Jul 20110094.144.52$0
Jun 2011187092.904.64$17,372
May 20110098.134.40$0
Apr 20111840105.964.33$19,497
Mar 2011187096.364.06$18,019
Feb 2011191085.644.18$16,357
Jan 20110086.504.59$0
Dec 2010255085.734.35$21,861
Nov 20100080.843.80$0
Oct 2010181078.103.51$14,136
Sep 2010179072.633.98$13,001
Aug 2010182073.684.42$13,410
Jul 2010137072.554.74$9,939
Jun 2010176070.364.91$12,383
May 2010176071.124.24$12,517
Apr 2010174081.694.12$14,214
Mar 2010359078.394.39$28,142
Feb 20100073.585.44$0
Jan 2010373074.365.96$27,736
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009180072.544.11$13,057
Sep 2009176065.543.06$11,535
Aug 2009185067.423.22$12,473
Jul 2009191061.133.46$11,676
Jun 2009190066.163.90$12,570
May 2009184054.743.93$10,072
Apr 2009188046.773.59$8,793
Mar 20090042.144.06$0
Feb 200989032.814.63$2,920
Jan 2009186035.865.37$6,670
Dec 2008189037.105.98$7,012
Nov 2008187055.496.86$10,377
Oct 2008183075.246.92$13,769
Sep 20083840101.767.88$39,076
Aug 200800114.228.48$0
Jul 20081850131.0811.39$24,250
Jun 20081890131.3313.03$24,821
May 20083790123.1711.57$46,681
Apr 200800110.3110.45$0
Mar 20083660101.909.66$37,295
Feb 20080092.538.77$0
Jan 2008384090.388.21$34,706
Dec 20070088.337.30$0
Nov 2007183091.677.29$16,776
Oct 2007358082.856.92$29,660
Sep 2007181075.846.24$13,727
Aug 2007179069.066.39$12,362
Jul 2007176070.906.39$12,478
Jun 2007183062.007.55$11,346
May 2007365058.747.85$21,440
Apr 2007190059.617.81$11,326
Mar 20070056.927.30$0
Feb 2007191055.108.22$10,524
Jan 2007380050.306.73$19,114
Dec 2006184056.656.92$10,424
Nov 2006194054.207.62$10,515
Oct 2006186054.906.01$10,211
Sep 2006186060.085.04$11,175
Aug 2006374068.717.34$25,698
Jul 2006188069.376.34$13,042
Jun 2006189066.286.38$12,527
May 2006193066.016.42$12,740
Apr 2006192064.397.36$12,363
Mar 2006375056.707.08$21,263
Feb 2006191057.597.75$11,000
Jan 2006186060.598.93$11,270
Dec 2005184054.9413.42$10,109
Nov 200518730054.6910.59$13,404
Oct 200517410558.3413.80$11,600
Sep 200519341061.4512.08$16,812
Aug 200535148161.519.80$26,302
Jul 200518434955.697.84$12,984
Jun 200519041152.337.38$12,976
May 200537437445.226.65$19,400
Apr 200518428949.207.36$11,180
Mar 200518643750.377.15$12,496
Feb 200536235245.226.31$18,591
Jan 200517626343.166.32$9,259
Dec 200418736139.866.75$9,891
Nov 200438235145.286.33$19,519
Oct 200418244049.706.52$11,912
Sep 200436139943.245.28$17,718
Aug 2004188042.375.55$7,966
Jul 2004180038.286.08$6,890
Jun 200437047436.106.43$16,406
May 200418563537.486.49$11,058
Apr 200436841434.475.86$15,110
Mar 20043764134.365.53$13,146
Feb 2004188032.455.51$6,101
Jan 2004184032.036.30$5,894
Dec 2003556030.266.30$16,825
Nov 2003191028.804.60$5,501
Oct 2003377028.174.76$10,620
Sep 2003188026.314.75$4,946
Aug 200318740729.765.13$7,653
Jul 200336854329.415.17$13,631
Jun 200336731828.565.98$12,384
May 200318550426.595.97$7,929
Apr 200355085626.675.41$19,297
Mar 200318967431.146.10$9,994
Feb 2003047033.487.93$3,725
Jan 200338180830.315.58$16,058
Dec 20023791,67026.914.85$18,305
Nov 20023791,67024.664.14$16,255
Oct 20025711,52126.464.23$21,541
Sep 20023671,43427.443.64$15,283
Aug 20025291,45425.963.16$18,334
Jul 2002186024.583.06$4,572
Jun 2002369023.733.34$8,756
May 2002181024.663.58$4,463
Apr 2002375023.653.51$8,869
Mar 2002369022.003.10$8,118
Feb 2002181018.222.38$3,298
Jan 20023792417.172.38$6,564
Dec 20013694316.932.36$6,349
Nov 20013785118.072.41$6,953
Oct 20013806119.782.53$7,671
Sep 20011854124.262.25$4,580
Aug 20015435124.873.05$13,660
Jul 20013617123.933.20$8,866
Jun 20013685124.563.82$9,233
May 20010025.524.31$0
Apr 200106324.685.34$336
Mar 20011886324.545.38$4,952
Feb 20011866327.755.77$5,525
Jan 200137715127.478.40$11,624
Dec 20001856326.889.12$5,548
Nov 200039213732.215.66$13,401
Oct 200037316431.235.15$12,493
Sep 200053910631.875.19$17,728
Aug 200036914029.644.54$11,573
Jul 200037314528.534.09$11,235
Jun 200073810929.304.40$22,103
May 200037611027.263.68$10,655
Apr 200037116824.513.12$9,617
Mar 20003916328.422.86$11,292
Feb 20005546327.622.73$15,473
Jan 20003876325.272.48$9,936
Dec 19997126324.282.42$17,440
Nov 19993836323.192.43$9,035
Oct 199906320.982.80$177
Sep 19991496321.752.62$3,406
Aug 19993696319.262.88$7,288
Jul 19993526317.892.37$6,447
Jun 199906315.942.36$149
May 19997766315.792.32$12,399
Apr 19993656315.102.21$5,651
Mar 199906312.471.84$116
Feb 1999009.981.82$0
Jan 19995816310.381.90$6,150
Dec 19985831149.201.77$5,566
Nov 1998015610.892.19$341
Oct 19983849112.421.97$4,948
Sep 199873118412.592.08$9,586
Aug 199819019411.301.91$2,517
Jul 19983979211.742.24$4,867
Jun 199838236311.242.24$5,106
May 199878233312.622.21$10,604
Apr 199838119413.042.51$5,454
Mar 199876247812.802.31$10,858
Feb 199838537313.952.30$6,228
Jan 199838463414.702.15$7,011
Dec 199756236416.322.41$10,049
Nov 199794136118.193.09$18,232
Oct 199754030319.253.15$11,349
Sep 199736931217.742.95$7,468
Aug 199772827917.862.55$13,715
Jul 199754542317.582.25$10,532
Jun 199790438417.242.26$16,452
May 199754343118.972.31$11,296
Apr 199791238417.882.08$17,106
Mar 19971,07245018.951.94$21,187
Feb 199753237320.492.21$11,723
Jan 199771325523.483.54$17,644
Dec 19961,06630223.32$24,859
Nov 199655137721.97$12,105
Oct 199655042823.31$12,821
Sep 199672336422.22$16,065
Aug 199636447320.26$7,375
Jul 199654546419.55$10,655
Jun 199654965118.73$10,283
May 199654369719.43$10,550
Apr 199654584121.51$11,723
Mar 199674079119.38$14,341
Feb 199655561516.98$9,424
Jan 199654893417.07$9,354
Dec 199572030017.19$12,377
Nov 199555499016.00$8,864
Oct 19959151,14415.43$14,118
Sep 19957391,14316.18$11,957
Aug 19955401,29615.92$8,597
Jul 19958811,20215.24$13,426
Jun 19955441,03216.41$8,927
May 19953821,15717.56$6,708
Apr 19955811,02217.73$10,301
Mar 199538861816.44$6,379
Feb 199536242316.58$6,002
Jan 199557860915.92$9,202
Dec 199457559015.03$8,642
Nov 199437759015.90$5,994
Oct 199457954415.58$9,021
Sep 199437834515.29$5,780
Aug 199474879516.13$12,065
Jul 199438362417.56$6,725
Jun 199438069617.09$6,494
May 199476962315.88$12,212
Apr 199438463514.14$5,430
Mar 199477974712.46$9,706
Feb 199457062812.50$7,125
Jan 199456569312.66$7,153
Dec 199374858712.33$9,223
Nov 199356353614.49$8,158
Oct 199375573715.85$11,967
Sep 199374573515.03$11,197
Aug 199374167915.66$11,604
Jul 199392872115.46$14,347
Jun 199375265816.79$12,626
May 199371273517.68$12,588
Apr 199375570118.05$13,628
Mar 199375257118.14$13,641
Feb 199375848517.90$13,568
Jan 199394442316.93$15,982

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.

Apr 2016 — as filed, then multipliedworked
Oil                  274 bbl  × $ 36.56 =    $10,017
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                  $10,017

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/8853 is the state's own key, not one this site invented.