PRICE

Name: PRICE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STELZER DRILLING CO. INC. (P-5 817394) in the RIDGE, SOUTH (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62382District 8AField 76599500OilCasinghead gasSave

Value, all time

$3.1 M

Jan 1993 – Aug 1999

Value, last 12 filed months

$165 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

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.

Stream	Basis	Volume	Value
Oil	Disposition	191,107 bbl	$3,107,171
Casinghead gas	Production	5,914 Mcf	$0
Total			$3,107,171

5,914 Mcf of this lease's gas, across 21 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 (16)

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 33.4406, -101.4376. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

33.44071, -101.43735 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

16 of 16 wells

With a plug date

31.3%

5 of 16 wells

Median depth

4,000 ft

14 wells filed one

Completion to plug

33.3 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

16100.0%

A plug date is filed

531.3%

BothOn the schedule and plugged. Neither fact cancels the other.

531.3%

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

10k

12k

15k

20k+

Total depth in feet, 14 of 16 wells. Median 4,000 ft, with the middle half between 3,985 and 4,018 ft; the shallowest is 3,830 ft and the deepest 4,130 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

70s

80s

90s

00s

Last completion by decade, 16 of 16 wells, Feb 1979 – Jul 2008. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Feb 1979 – Jul 2008

16 of 16 wells

Plug dates filed

Aug 2001 – Sep 2023

5 of 16 wells; 11 filed none

Last completion to plug: a median of 33.3 years across the 5 wells that filed both dates, with the middle half between 27.3 years and 40.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

16 wells


42-10730350	2	4,130 ft	Jul 2008	—	Yes
42-10730625	4	4,000 ft	Jul 1982	Nov 2009	Yes
42-10730626	15	—	May 1982	—	Yes
42-10730627	16	—	Feb 1982	—	Yes
42-10730599	14	4,000 ft	Nov 1981	Dec 2021	Yes
42-10730582	13	3,830 ft	Aug 1981	—	Yes
42-10730529	11	3,830 ft	May 1981	—	Yes
42-10730539	12	4,000 ft	Mar 1981	—	Yes
42-10730455	9	4,075 ft	Dec 1980	—	Yes
42-10730422	8	4,000 ft	Sep 1980	—	Yes
42-10730456	10	4,000 ft	Jun 1980	—	Yes
42-10730423	7	3,980 ft	Mar 1980	Jun 2013	Yes
42-10730396	6	4,010 ft	Nov 1979	—	Yes
42-10730392	5	4,035 ft	Sep 1979	Aug 2001	Yes
42-10730367	3	3,980 ft	Jul 1979	—	Yes
42-10730337	1	4,020 ft	Feb 1979	Sep 2023	Yes

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 (80)

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

80 months


Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	2,410	0	12.47	1.84	$30,053
Feb 1999	1,951	0	9.98	1.82	$19,471
Jan 1999	1,602	0	10.38	1.90	$16,629
Dec 1998	2,130	0	9.20	1.77	$19,596
Nov 1998	2,126	0	10.89	2.19	$23,152
Oct 1998	2,285	0	12.42	1.97	$28,380
Sep 1998	2,231	0	12.59	2.08	$28,088
Aug 1998	2,191	0	11.30	1.91	$24,758
Jul 1998	2,433	0	11.74	2.24	$28,563
Jun 1998	1,945	0	11.24	2.24	$21,862
May 1998	2,813	0	12.62	2.21	$35,500
Apr 1998	2,251	0	13.04	2.51	$29,353
Mar 1998	2,461	0	12.80	2.31	$31,501
Feb 1998	2,160	0	13.95	2.30	$30,132
Jan 1998	2,131	0	14.70	2.15	$31,326
Dec 1997	1,750	0	16.32	2.41	$28,560
Nov 1997	2,069	0	18.19	3.09	$37,635
Oct 1997	2,428	0	19.25	3.15	$46,739
Sep 1997	1,928	0	17.74	2.95	$34,203
Aug 1997	2,114	0	17.86	2.55	$37,756
Jul 1997	2,596	0	17.58	2.25	$45,638
Jun 1997	1,911	0	17.24	2.26	$32,946
May 1997	2,135	0	18.97	2.31	$40,501
Apr 1997	2,142	0	17.88	2.08	$38,299
Mar 1997	2,317	0	18.95	1.94	$43,907
Feb 1997	2,327	0	20.49	2.21	$47,680
Jan 1997	2,478	0	23.48	3.54	$58,183
Dec 1996	2,550	0	23.32	—	$59,466
Nov 1996	2,163	0	21.97	—	$47,521
Oct 1996	2,732	0	23.31	—	$63,683
Sep 1996	2,317	0	22.22	—	$51,484
Aug 1996	1,733	0	20.26	—	$35,111
Jul 1996	2,401	0	19.55	—	$46,940
Jun 1996	2,612	0	18.73	—	$48,923
May 1996	3,117	0	19.43	—	$60,563
Apr 1996	1,905	0	21.51	—	$40,977
Mar 1996	2,938	0	19.38	—	$56,938
Feb 1996	2,602	0	16.98	—	$44,182
Jan 1996	2,774	0	17.07	—	$47,352
Dec 1995	2,775	0	17.19	—	$47,702
Nov 1995	2,940	0	16.00	—	$47,040
Oct 1995	3,139	0	15.43	—	$48,435
Sep 1995	2,436	0	16.18	—	$39,414
Aug 1995	2,593	0	15.92	—	$41,281
Jul 1995	2,960	0	15.24	—	$45,110
Jun 1995	3,115	0	16.41	—	$51,117
May 1995	2,433	0	17.56	—	$42,723
Apr 1995	2,619	0	17.73	—	$46,435
Mar 1995	2,793	0	16.44	—	$45,917
Feb 1995	2,765	0	16.58	—	$45,844
Jan 1995	2,590	0	15.92	—	$41,233
Dec 1994	3,463	0	15.03	—	$52,049
Nov 1994	2,418	20	15.90	—	$38,446
Oct 1994	2,933	0	15.58	—	$45,696
Sep 1994	2,936	0	15.29	—	$44,891
Aug 1994	2,403	1	16.13	—	$38,760
Jul 1994	2,930	300	17.56	—	$51,451
Jun 1994	3,570	400	17.09	—	$61,011
May 1994	2,587	478	15.88	—	$41,082
Apr 1994	3,118	406	14.14	—	$44,089
Mar 1994	2,786	370	12.46	—	$34,714
Feb 1994	3,143	426	12.50	—	$39,288
Jan 1994	2,608	388	12.66	—	$33,017
Dec 1993	3,142	349	12.33	—	$38,741
Nov 1993	2,413	350	14.49	—	$34,964
Oct 1993	3,462	478	15.85	—	$54,873
Sep 1993	2,776	177	15.03	—	$41,723
Aug 1993	2,929	118	15.66	—	$45,868
Jul 1993	2,942	143	15.46	—	$45,483
Jun 1993	3,115	1	16.79	—	$52,301
May 1993	2,585	138	17.68	—	$45,703
Apr 1993	2,403	373	18.05	—	$43,374
Mar 1993	2,932	402	18.14	—	$53,186
Feb 1993	2,774	189	17.90	—	$49,655
Jan 1993	2,422	407	16.93	—	$41,004

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.

Mar 1999 — as filed, then multipliedworked

Oil                2,410 bbl  × $ 12.47 =    $30,053
Casinghead gas         0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                  $30,053

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/62382 is the state's own key, not one this site invented.