GREEN

Operated by MAGNUM ENGINEERING COMPANY (P-5 521539) in the ACKERLY (DEAN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62430District 8AField 00448200NGPA filingOilCasinghead gasSaveExport
Value, all time
$622 k
Jan 1993 – Oct 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
262
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 350 leases and 843 wells, and the rule below applies to all of them.

Discovered
1954-06-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-01-24.

The Commission's schedule remark for this field reads: RULES.

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
NGPA1none

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
OilDisposition24,171 bbl$618,076
Casinghead gasProduction582 Mcf$3,705
Total$621,781

17 Mcf of this lease's gas, across 17 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 32.5842, -101.7761. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58420, -101.77614 · 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
8,750 ft
1 wells filed one
Completion to plug
34.8 years
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 8,750 ft.

Completions filed
Mar 1979
1 of 1 wells
Plug dates filed
Jan 2014
1 of 1 wells

Last completion to plug: a median of 34.8 years across the 1 well that filed both dates, with the middle half between 34.8 years and 34.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1153126618,750 ftMar 1979Jan 2014Yes

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 (262)

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

262 months

Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
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 20120094.672.92$0
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 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 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007147082.856.92$12,179
Sep 20070375.846.24$19
Aug 20070569.066.39$32
Jul 20072270.906.39$155
Jun 20070062.007.55$0
May 20071058.747.85$59
Apr 2007162159.617.81$9,665
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006157054.906.01$8,619
Sep 20061060.085.04$60
Aug 20060068.717.34$0
Jul 20062069.376.34$139
Jun 20060066.286.38$0
May 2006162166.016.42$10,700
Apr 20060364.397.36$22
Mar 20060356.707.08$21
Feb 20060257.597.75$16
Jan 20060360.598.93$27
Dec 20050254.9413.42$27
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20053483752.337.38$18,484
May 20051807345.226.65$8,625
Apr 20053566449.207.36$17,986
Mar 20051895250.377.15$9,892
Feb 20053353545.226.31$15,370
Jan 20053394243.166.32$14,897
Dec 20043574839.866.75$14,554
Nov 20041714245.286.33$8,009
Oct 20043554949.706.52$17,963
Sep 20041739843.245.28$7,998
Aug 2004356042.375.55$15,084
Jul 2004177038.286.08$6,776
Jun 2004180036.106.43$6,498
May 2004178037.486.49$6,671
Apr 2004356034.475.86$12,271
Mar 2004179034.365.53$6,150
Feb 2004182032.455.51$5,906
Jan 2004179032.036.30$5,733
Dec 2003176030.266.30$5,326
Nov 2003175028.804.60$5,040
Oct 2003175028.174.76$4,930
Sep 2003176026.314.75$4,631
Aug 20030029.765.13$0
Jul 2003171029.415.17$5,029
Jun 2003167028.565.98$4,770
May 20030026.595.97$0
Apr 2003177026.675.41$4,721
Mar 20030031.146.10$0
Feb 2003162033.487.93$5,424
Jan 2003175030.315.58$5,304
Dec 2002200026.914.85$5,382
Nov 2002199024.664.14$4,907
Oct 20020026.464.23$0
Sep 2002189027.443.64$5,186
Aug 2002171025.963.16$4,439
Jul 20020024.583.06$0
Jun 2002197023.733.34$4,675
May 2002186024.663.58$4,587
Apr 20020023.653.51$0
Mar 2002200022.003.10$4,400
Feb 2002181018.222.38$3,298
Jan 2002182017.172.38$3,125
Dec 2001183016.932.36$3,098
Nov 20010018.072.41$0
Oct 2001192019.782.53$3,798
Sep 2001174024.262.25$4,221
Aug 2001173024.873.05$4,303
Jul 2001193023.933.20$4,618
Jun 20010024.563.82$0
May 2001170025.524.31$4,338
Apr 2001183024.685.34$4,516
Mar 2001182024.545.38$4,466
Feb 20010027.755.77$0
Jan 2001176027.478.40$4,835
Dec 2000183026.889.12$4,919
Nov 2000171032.215.66$5,508
Oct 2000168031.235.15$5,247
Sep 20000031.875.19$0
Aug 2000171029.644.54$5,068
Jul 2000173028.534.09$4,936
Jun 2000172029.304.40$5,040
May 2000167027.263.68$4,552
Apr 2000173024.513.12$4,240
Mar 2000172028.422.86$4,888
Feb 20000027.622.73$0
Jan 2000168025.272.48$4,245
Dec 1999176024.282.42$4,273
Nov 1999163023.192.43$3,780
Oct 1999175020.982.80$3,672
Sep 1999176021.752.62$3,828
Aug 1999174019.262.88$3,351
Jul 1999331017.892.37$5,922
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199917109.981.82$1,707
Jan 1999176010.381.90$1,827
Dec 1998009.201.77$0
Nov 1998169010.892.19$1,840
Oct 1998167012.421.97$2,074
Sep 1998174012.592.08$2,191
Aug 1998170011.301.91$1,921
Jul 1998176011.742.24$2,066
Jun 1998171011.242.24$1,922
May 1998172012.622.21$2,171
Apr 19980013.042.51$0
Mar 1998166012.802.31$2,125
Feb 1998169013.952.30$2,358
Jan 1998173014.702.15$2,543
Dec 1997172016.322.41$2,807
Nov 1997163018.193.09$2,965
Oct 1997162019.253.15$3,119
Sep 1997176017.742.95$3,122
Aug 1997168017.862.55$3,000
Jul 1997172017.582.25$3,024
Jun 1997170017.242.26$2,931
May 1997171018.972.31$3,244
Apr 1997171017.882.08$3,057
Mar 1997171018.951.94$3,240
Feb 19970020.492.21$0
Jan 1997170023.483.54$3,992
Dec 1996170023.32$3,964
Nov 1996169021.97$3,713
Oct 1996171023.31$3,986
Sep 1996175022.22$3,889
Aug 1996172020.26$3,485
Jul 1996172019.55$3,363
Jun 1996170018.73$3,184
May 1996169019.43$3,284
Apr 1996170021.51$3,657
Mar 1996171019.38$3,314
Feb 1996184016.98$3,124
Jan 1996187017.07$3,192
Dec 1995185017.19$3,180
Nov 1995361016.00$5,776
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995172015.24$2,621
Jun 1995175016.41$2,872
May 1995175017.56$3,073
Apr 1995180017.73$3,191
Mar 1995180016.44$2,959
Feb 1995184016.58$3,051
Jan 1995175015.92$2,786
Dec 1994178015.03$2,675
Nov 1994176015.90$2,798
Oct 1994179015.58$2,789
Sep 1994179115.29$2,737
Aug 1994180116.13$2,903
Jul 1994193117.56$3,389
Jun 19941017.09$17
May 1994177115.88$2,811
Apr 1994180114.14$2,545
Mar 1994173112.46$2,156
Feb 19940012.50$0
Jan 19940112.66$0
Dec 19930012.33$0
Nov 1993183114.49$2,652
Oct 1993354115.85$5,611
Sep 1993187115.03$2,811
Aug 19930115.66$0
Jul 1993176115.46$2,721
Jun 1993179116.79$3,005
May 1993179117.68$3,165
Apr 1993174118.05$3,141
Mar 1993157118.14$2,848
Feb 19930017.90$0
Jan 1993157116.93$2,658

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.

Oct 2007 — as filed, then multipliedworked
Oil                  147 bbl  × $ 82.85 =    $12,179
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                  $12,179

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/62430 is the state's own key, not one this site invented.