SCHEUBER -710-

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the IRION, W. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9543District 7CField 44710500NGPA filingOilCasinghead gasSaveExport
Value, all time
$426 k
Jan 1993 – Feb 2013
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
242
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 34 leases and 63 wells, and the rule below applies to all of them.

Discovered
1967-05-01
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
OilDisposition7,027 bbl$152,963
Casinghead gasProduction139,326 Mcf$272,557
Total$425,520

79,941 Mcf of this lease's gas, across 47 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 (2)

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 31.2268, -100.8221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.22682, -100.82214 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,688 ft
2 wells filed one
Completion to plug
21.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 6,575 and 6,800 ft, median 6,688 ft, over the 2 wells that filed a depth.

Completions filed
May 1982 – Jan 1985
2 of 2 wells
Plug dates filed
Jun 1997 – Nov 2011
2 of 2 wells

Last completion to plug: a median of 21.0 years across the 2 wells that filed both dates, with the middle half between 16.7 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2353245936,575 ftJan 1985Jun 1997Yes
42-2353189816,800 ftMay 1982Nov 2011Yes

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 (242)

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

242 months

Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20125086.953.62$435
Oct 20125089.383.40$447
Sep 20125094.672.92$473
Aug 20125092.662.91$463
Jul 20125085.133.02$426
Jun 20125079.822.52$399
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 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 2008179037.105.98$6,641
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20080218114.228.48$1,849
Jul 20080241131.0811.39$2,745
Jun 20080254131.3313.03$3,310
May 20080271123.1711.57$3,137
Apr 20080271110.3110.45$2,833
Mar 20080278101.909.66$2,687
Feb 2008027392.538.77$2,394
Jan 2008029290.388.21$2,396
Dec 2007031188.337.30$2,271
Nov 2007032191.677.29$2,341
Oct 2007035582.856.92$2,457
Sep 2007034175.846.24$2,129
Aug 2007025569.066.39$1,629
Jul 2007037770.906.39$2,408
Jun 200717836762.007.55$13,806
May 2007037758.747.85$2,958
Apr 2007035859.617.81$2,794
Mar 2007037956.927.30$2,767
Feb 2007034955.108.22$2,867
Jan 2007039950.306.73$2,684
Dec 2006032556.656.92$2,248
Nov 2006033754.207.62$2,567
Oct 2006033354.906.01$2,003
Sep 2006034760.085.04$1,748
Aug 2006042868.717.34$3,141
Jul 2006043869.376.34$2,778
Jun 200617941266.286.38$14,494
May 2006039266.016.42$2,519
Apr 2006037464.397.36$2,753
Mar 2006038956.707.08$2,755
Feb 2006034857.597.75$2,697
Jan 2006035660.598.93$3,180
Dec 2005038854.9413.42$5,205
Nov 2005036654.6910.59$3,875
Oct 2005039058.3413.80$5,380
Sep 2005037261.4512.08$4,493
Aug 2005038761.519.80$3,791
Jul 2005137955.697.84$3,028
Jun 2005037052.337.38$2,731
May 200517840545.226.65$10,743
Apr 2005034249.207.36$2,517
Mar 2005036950.377.15$2,640
Feb 2005029645.226.31$1,868
Jan 2005037743.166.32$2,383
Dec 2004036739.866.75$2,478
Nov 2004034645.286.33$2,190
Oct 2004034149.706.52$2,222
Sep 2004237843.245.28$2,084
Aug 2004038942.375.55$2,159
Jul 2004034838.286.08$2,117
Jun 2004034736.106.43$2,232
May 2004037137.486.49$2,409
Apr 2004033734.475.86$1,974
Mar 200417928434.365.53$7,721
Feb 2004031732.455.51$1,747
Jan 2004033532.036.30$2,110
Dec 2003034930.266.30$2,199
Nov 2003024628.804.60$1,130
Oct 2003020228.174.76$961
Sep 2003014126.314.75$670
Aug 2003015129.765.13$775
Jul 200309529.415.17$491
Jun 2003012928.565.98$772
May 2003027826.595.97$1,660
Apr 2003032126.675.41$1,736
Mar 2003029331.146.10$1,786
Feb 2003029633.487.93$2,346
Jan 2003031430.315.58$1,753
Dec 200218335326.914.85$6,638
Nov 2002036124.664.14$1,493
Oct 2002029126.464.23$1,231
Sep 2002035727.443.64$1,298
Aug 2002034525.963.16$1,092
Jul 2002032024.583.06$980
Jun 2002028223.733.34$941
May 2002031924.663.58$1,143
Apr 2002041523.653.51$1,458
Mar 2002026622.003.10$825
Feb 2002032518.222.38$772
Jan 200217929917.172.38$3,784
Dec 2001033616.932.36$794
Nov 2001035618.072.41$856
Oct 2001039319.782.53$994
Sep 2001036224.262.25$815
Aug 2001042224.873.05$1,288
Jul 2001028823.933.20$921
Jun 2001038824.563.82$1,484
May 2001037325.524.31$1,607
Apr 2001030524.685.34$1,627
Mar 2001033024.545.38$1,774
Feb 200117833127.755.77$6,848
Jan 2001936027.478.40$3,271
Dec 2000033126.889.12$3,020
Nov 2000038832.215.66$2,195
Oct 20000031.235.15$0
Sep 2000041431.875.19$2,147
Aug 2000047029.644.54$2,134
Jul 2000046828.534.09$1,914
Jun 2000037329.304.40$1,640
May 2000035027.263.68$1,288
Apr 2000341824.513.12$1,376
Mar 200018043628.422.86$6,362
Feb 2000046427.622.73$1,265
Jan 2000036025.272.48$893
Dec 1999062824.282.42$1,522
Nov 1999045523.192.43$1,107
Oct 1999065420.982.80$1,834
Sep 199918487121.752.62$6,283
Aug 1999048119.262.88$1,383
Jul 1999041917.892.37$994
Jun 1999056915.942.36$1,344
May 1999068115.792.32$1,581
Apr 1999073915.102.21$1,632
Mar 1999069612.471.84$1,279
Feb 199905379.981.82$976
Jan 1999055910.381.90$1,062
Dec 199804079.201.77$722
Nov 1998065610.892.19$1,434
Oct 1998066812.421.97$1,315
Sep 199818457912.592.08$3,522
Aug 1998280111.301.91$1,550
Jul 1998090311.742.24$2,020
Jun 1998086011.242.24$1,924
May 1998079712.622.21$1,758
Apr 199801,06413.042.51$2,666
Mar 19981070612.802.31$1,758
Feb 19981375013.952.30$1,906
Jan 1998093014.702.15$2,004
Dec 199717273716.322.41$4,584
Nov 1997071518.193.09$2,208
Oct 1997152219.253.15$1,663
Sep 1997069317.742.95$2,048
Aug 1997073417.862.55$1,875
Jul 1997064917.582.25$1,458
Jun 199718255217.242.26$4,384
May 1997064718.972.31$1,494
Apr 1997087417.882.08$1,820
Mar 1997061118.951.94$1,185
Feb 1997029920.492.21$660
Jan 199701,11123.483.54$3,933
Dec 199601,19023.32$0
Nov 199618469621.97$4,042
Oct 199601,03823.31$0
Sep 1996088822.22$0
Aug 1996099320.26$0
Jul 1996064019.55$0
Jun 1996059718.73$0
May 1996072319.43$0
Apr 199618659421.51$4,001
Mar 1996182319.38$19
Feb 1996163516.98$17
Jan 199601,06817.07$0
Dec 1995086517.19$0
Nov 199501,17016.00$0
Oct 19951861,25715.43$2,870
Sep 19951761,40416.18$2,848
Aug 199511,31815.92$16
Jul 199501,09715.24$0
Jun 199511,28616.41$16
May 199501,31017.56$0
Apr 19951851,23417.73$3,280
Mar 199501,40616.44$0
Feb 199511,26916.58$17
Jan 19951362,17015.92$2,165
Dec 1994231015.03$3,472
Nov 199417954715.90$2,846
Oct 1994157215.58$16
Sep 199413456615.29$2,049
Aug 1994157916.13$16
Jul 199433858717.56$5,935
Jun 1994057317.09$0
May 199416058615.88$2,541
Apr 19941463,02114.14$2,064
Mar 19941813,33112.46$2,255
Feb 19941702,96612.50$2,125
Jan 199403,37012.66$0
Dec 19931313,22712.33$1,615
Nov 19933372,68514.49$4,883
Oct 199303,23315.85$0
Sep 19931603,09815.03$2,405
Aug 19933213,49115.66$5,027
Jul 199313,28815.46$15
Jun 19931493,14816.79$2,502
May 19931773,56517.68$3,129
Apr 19931242,68118.05$2,238
Mar 19931462,84518.14$2,648
Feb 19933262,78417.90$5,835
Jan 19931503,52716.93$2,540

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.

Nov 2012 — as filed, then multipliedworked
Oil                    5 bbl  × $ 86.95 =       $435
Casinghead gas         0 Mcf  × $  3.62 =         $0

────────────────────────────────────────────────────
Month total                                     $435

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/9543 is the state's own key, not one this site invented.