WILBANKS

Operated by CONCHO OILFIELD SERV & OPER CO. (P-5 170164) in the FUZZY CREEK (GOEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8962District 7CField 33368500NGPA filingOilCasinghead gasSaveExport
Value, all time
$682 k
Jan 1993 – Jun 2015
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
270
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 19 leases and 47 wells, and the rule below applies to all of them.

Discovered
1978-08-02
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/97.

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
NGPA2none

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
OilDisposition23,767 bbl$682,005
Casinghead gasProduction10,192 Mcf$0
Total$682,005

10,192 Mcf of this lease's gas, across 45 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 (6)

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 31.5828, -99.8437. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.58381, -99.84570 · 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%
6 of 6 wells
With a plug date
100.0%
6 of 6 wells
Median depth
3,650 ft
6 wells filed one
Completion to plug
31.0 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
6100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
6100.0%
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 3,525 and 4,324 ft, median 3,650 ft, over the 6 wells that filed a depth.

Completions filed
Mar 1981 – Mar 1984
6 of 6 wells
Plug dates filed
Mar 2012 – Mar 2015
6 of 6 wells

Last completion to plug: a median of 31.0 years across the 6 wells that filed both dates, with the middle half between 30.3 years and 31.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-3993315463,525 ftMar 1984Mar 2015Yes
42-3993270153,650 ftAug 1983Aug 2014Yes
42-3993242233,650 ftMay 1983Oct 2012Yes
42-3990140544,324 ftOct 1982Aug 2014Yes
42-3993236023,650 ftMar 1982Mar 2012Yes
42-3993183413,525 ftMar 1981Oct 2013Yes

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 (270)

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

270 months

Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015176044.662.98$7,860
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014174089.394.04$15,554
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012179094.672.92$16,946
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
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 2010183073.684.42$13,483
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 2009177065.543.06$11,601
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009157054.743.93$8,594
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 20081210114.228.48$13,821
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081820123.1711.57$22,417
Apr 200800110.3110.45$0
Mar 2008450101.909.66$4,586
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007181088.337.30$15,988
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007176069.066.39$12,155
Jul 2007182070.906.39$12,904
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007106059.617.81$6,319
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007131050.306.73$6,589
Dec 20060056.656.92$0
Nov 2006117054.207.62$6,341
Oct 2006183054.906.01$10,047
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006155069.376.34$10,752
Jun 2006183066.286.38$12,129
May 2006177066.016.42$11,684
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006148060.598.93$8,967
Dec 20050054.9413.42$0
Nov 2005173054.6910.59$9,461
Oct 2005184058.3413.80$10,735
Sep 20050061.4512.08$0
Aug 2005184061.519.80$11,318
Jul 2005184055.697.84$10,247
Jun 2005182052.337.38$9,524
May 2005340045.226.65$15,375
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005357045.226.31$16,144
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004169045.286.33$7,652
Oct 2004182049.706.52$9,045
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004177038.286.08$6,776
Jun 200495036.106.43$3,430
May 20040037.486.49$0
Apr 2004129034.475.86$4,447
Mar 2004181034.365.53$6,219
Feb 20040032.455.51$0
Jan 2004122032.036.30$3,908
Dec 2003186030.266.30$5,628
Nov 20030028.804.60$0
Oct 2003127028.174.76$3,578
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 200380028.565.98$2,285
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200370033.487.93$2,344
Jan 2003165030.315.58$5,001
Dec 20020026.914.85$0
Nov 2002141024.664.14$3,477
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002131025.963.16$3,401
Jul 20020024.583.06$0
Jun 2002183023.733.34$4,343
May 20020024.663.58$0
Apr 2002118023.653.51$2,791
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001182016.932.36$3,081
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001181024.262.25$4,391
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200197024.563.82$2,382
May 20010025.524.31$0
Apr 2001178024.685.34$4,393
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001135027.478.40$3,708
Dec 20000026.889.12$0
Nov 2000149032.215.66$4,799
Oct 20000031.235.15$0
Sep 2000165031.875.19$5,259
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000143029.304.40$4,190
May 2000106027.263.68$2,890
Apr 20000024.513.12$0
Mar 2000178028.422.86$5,059
Feb 20000027.622.73$0
Jan 2000182025.272.48$4,599
Dec 19990024.282.42$0
Nov 1999170023.192.43$3,942
Oct 19990020.982.80$0
Sep 1999134021.752.62$2,915
Aug 1999165019.262.88$3,178
Jul 1999165017.892.37$2,952
Jun 1999157015.942.36$2,503
May 19990015.792.32$0
Apr 1999183015.102.21$2,763
Mar 19990012.471.84$0
Feb 199918409.981.82$1,836
Jan 19990010.381.90$0
Dec 199818109.201.77$1,665
Nov 1998180010.892.19$1,960
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998183011.301.91$2,068
Jul 19980011.742.24$0
Jun 1998144011.242.24$1,619
May 1998178012.622.21$2,246
Apr 19980013.042.51$0
Mar 1998150012.802.31$1,920
Feb 1998179013.952.30$2,497
Jan 1998137014.702.15$2,014
Dec 19970016.322.41$0
Nov 1997144018.193.09$2,619
Oct 1997180019.253.15$3,465
Sep 1997161017.742.95$2,856
Aug 1997118017.862.55$2,107
Jul 1997140017.582.25$2,461
Jun 1997348017.242.26$6,000
May 19970018.972.31$0
Apr 1997177017.882.08$3,165
Mar 1997167018.951.94$3,165
Feb 1997176020.492.21$3,606
Jan 1997177023.483.54$4,156
Dec 1996171023.32$3,988
Nov 1996179021.97$3,933
Oct 1996277023.31$6,457
Sep 199617817522.22$3,955
Aug 199616421920.26$3,323
Jul 199617122019.55$3,343
Jun 199616915218.73$3,165
May 199634537819.43$6,703
Apr 19961591921.51$3,420
Mar 199615620119.38$3,023
Feb 199616723816.98$2,836
Jan 199633922117.07$5,787
Dec 199517422317.19$2,991
Nov 199517522016.00$2,800
Oct 199535931715.43$5,539
Sep 199517022116.18$2,751
Aug 199530012115.92$4,776
Jul 1995021315.24$0
Jun 199534625116.41$5,678
May 199517017917.56$2,985
Apr 199517222317.73$3,050
Mar 199516314116.44$2,680
Feb 199516319616.58$2,703
Jan 199534525415.92$5,492
Dec 199412315615.03$1,849
Nov 199416719615.90$2,655
Oct 199416325415.58$2,540
Sep 199433119715.29$5,061
Aug 199417024316.13$2,742
Jul 199416923017.56$2,968
Jun 199417022417.09$2,905
May 199434026015.88$5,399
Apr 199417824314.14$2,517
Mar 199435728012.46$4,448
Feb 19941584612.50$1,975
Jan 199433445112.66$4,228
Dec 19931674212.33$2,059
Nov 199334534314.49$4,999
Oct 199330829915.85$4,882
Sep 199317826215.03$2,675
Aug 199334723615.66$5,434
Jul 199316224315.46$2,505
Jun 199318427216.79$3,089
May 199333724017.68$5,958
Apr 199317627218.05$3,177
Mar 199336131518.14$6,549
Feb 199319725617.90$3,526
Jan 199336625016.93$6,196

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.

Feb 2015 — as filed, then multipliedworked
Oil                  176 bbl  × $ 44.66 =     $7,860
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $7,860

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/8962 is the state's own key, not one this site invented.