ELLIOTT

Operated by THOMAS RESOURCES CORPORATION (P-5 852147) in the BROADVIEW, WEST (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 60659District 8AField 12118500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$200 k
Jan 1993 – Mar 1997
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
51
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 56 leases and 119 wells, and the rule below applies to all of them.

Discovered
1960-04-05
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-11-06.

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.

The Commission's schedule remark for this field reads: 2100' DIAGONAL AND TWO PART ALLOCATION FORMULA.

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
OilDisposition11,746 bbl$200,081
Casinghead gasProduction373 Mcf$0
Total$200,081

373 Mcf of this lease's gas, across 31 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 33.6486, -102.0121. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.64863, -102.01210 · 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
5,710 ft
1 wells filed one
Completion to plug
19 months
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 5,710 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
Jun 2008
1 of 1 wells

Last completion to plug: a median of 19 months across the 1 well that filed both dates, with the middle half between 19 months and 19 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3033002915,710 ftNov 2006Jun 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 (51)

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

51 months

Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996263023.32$6,133
Nov 1996324021.97$7,118
Oct 1996318023.31$7,413
Sep 1996155022.22$3,444
Aug 1996320020.26$6,483
Jul 1996326019.55$6,373
Jun 1996165018.73$3,090
May 1996336019.43$6,528
Apr 1996172021.51$3,700
Mar 1996335019.38$6,492
Feb 1996171016.98$2,904
Jan 1996332017.07$5,667
Dec 1995177017.19$3,043
Nov 1995336016.00$5,376
Oct 1995165015.43$2,546
Sep 1995353016.18$5,712
Aug 1995181015.92$2,882
Jul 1995325115.24$4,953
Jun 1995495116.41$8,123
May 19951117.56$18
Apr 1995169117.73$2,996
Mar 1995335116.44$5,507
Feb 1995165116.58$2,736
Jan 1995331115.92$5,270
Dec 1994321115.03$4,825
Nov 1994319115.90$5,072
Oct 1994161115.58$2,508
Sep 1994159115.29$2,431
Aug 1994334116.13$5,387
Jul 1994173117.56$3,038
Jun 19941592017.09$2,717
May 19943192015.88$5,066
Apr 19941662014.14$2,347
Mar 19943122012.46$3,888
Feb 19941712012.50$2,138
Jan 19941672012.66$2,114
Dec 19933412012.33$4,205
Nov 19931732014.49$2,507
Oct 19931662015.85$2,631
Sep 19933342015.03$5,020
Aug 19931712015.66$2,678
Jul 19931742015.46$2,690
Jun 19931812016.79$3,039
May 19933372017.68$5,958
Apr 19931822018.05$3,285
Mar 19933502018.14$6,349
Feb 19931682017.90$3,007
Jan 19931582016.93$2,675

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.

Dec 1996 — as filed, then multipliedworked
Oil                  263 bbl  × $ 23.32 =     $6,133
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $6,133

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. 8A/O/60659 is the state's own key, not one this site invented.