CABOT-WALTER

Operated by MERIT ENERGY COMPANY (P-5 561136) in the LEE HARRISON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62770District 8AField 52872001OilCasinghead gasSave
Value, all time
$2.3 M
Jan 1993 – Mar 2007
Value, last 12 filed months
$147 k
at the published price for each month
Months reported
171
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
OilDisposition92,970 bbl$2,342,569
Casinghead gasProduction1,291 Mcf$1,199
Total$2,343,768

770 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 (4)

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 33.5597, -101.6607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.55969, -101.66097 · 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
0.0%
0 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
4,925 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
4100.0%

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 4,900 and 4,950 ft, median 4,925 ft, over the 4 wells that filed a depth.

Completions filed
Apr 1980 – Jun 2007
4 of 4 wells

4 wells

42-3033049014,900 ftJun 2007
42-3033059934,950 ftMay 2007
42-3033067644,950 ftJun 1981
42-3033048924,900 ftApr 1980

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 (171)

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

171 months

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 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006772069.376.34$53,554
Jun 2006362066.286.38$23,993
May 2006675066.016.42$44,557
Apr 2006387064.397.36$24,919
Mar 2006510056.707.08$28,917
Feb 2006692057.597.75$39,852
Jan 2006330060.598.93$19,995
Dec 2005681054.9413.42$37,414
Nov 2005673054.6910.59$36,806
Oct 2005352058.3413.80$20,536
Sep 2005338061.4512.08$20,770
Aug 2005692061.519.80$42,565
Jul 2005342055.697.84$19,046
Jun 2005663052.337.38$34,695
May 2005676045.226.65$30,569
Apr 2005639049.207.36$31,439
Mar 2005639050.377.15$32,186
Feb 2005335045.226.31$15,149
Jan 2005671043.166.32$28,960
Dec 2004338039.866.75$13,473
Nov 2004687045.286.33$31,107
Oct 2004675049.706.52$33,548
Sep 2004341043.245.28$14,745
Aug 2004337042.375.55$14,279
Jul 2004675038.286.08$25,839
Jun 2004666036.106.43$24,043
May 2004676037.486.49$25,336
Apr 2004336034.475.86$11,582
Mar 2004679034.365.53$23,330
Feb 2004686032.455.51$22,261
Jan 2004331032.036.30$10,602
Dec 2003675030.266.30$20,426
Nov 2003684028.804.60$19,699
Oct 2003681028.174.76$19,184
Sep 2003335026.314.75$8,814
Aug 2003675029.765.13$20,088
Jul 2003671029.415.17$19,734
Jun 2003337028.565.98$9,625
May 2003675026.595.97$17,948
Apr 2003338026.675.41$9,014
Mar 2003692031.146.10$21,549
Feb 2003335033.487.93$11,216
Jan 2003672030.315.58$20,368
Dec 2002682026.914.85$18,353
Nov 2002349024.664.14$8,606
Oct 2002666026.464.23$17,622
Sep 2002843027.443.64$23,132
Aug 2002344025.963.16$8,930
Jul 2002337024.583.06$8,283
Jun 2002671023.733.34$15,923
May 2002514024.663.58$12,675
Apr 2002517023.653.51$12,227
Mar 2002653022.003.10$14,366
Feb 2002335018.222.38$6,104
Jan 2002690017.172.38$11,847
Dec 2001339016.932.36$5,739
Nov 2001318018.072.41$5,746
Oct 2001514019.782.53$10,167
Sep 2001482024.262.25$11,693
Aug 2001333024.873.05$8,282
Jul 2001499023.933.20$11,941
Jun 2001485024.563.82$11,912
May 2001475025.524.31$12,122
Apr 2001665024.685.34$16,412
Mar 2001489024.545.38$12,000
Feb 2001675027.755.77$18,731
Jan 2001447027.478.40$12,279
Dec 2000501026.889.12$13,467
Nov 2000167032.215.66$5,379
Oct 2000325031.235.15$10,150
Sep 2000583231.875.19$18,591
Aug 2000655229.644.54$19,423
Jul 2000502228.534.09$14,330
Jun 2000501229.304.40$14,688
May 2000675227.263.68$18,408
Apr 2000492224.513.12$12,065
Mar 2000665328.422.86$18,908
Feb 2000488227.622.73$13,484
Jan 2000699225.272.48$17,669
Dec 1999502224.282.42$12,193
Nov 1999535223.192.43$12,412
Oct 1999509220.982.80$10,684
Sep 1999696221.752.62$15,143
Aug 1999525319.262.88$10,120
Jul 1999530317.892.37$9,489
Jun 1999694215.942.36$11,067
May 1999682315.792.32$10,776
Apr 1999527215.102.21$7,962
Mar 1999520312.471.84$6,490
Feb 199952529.981.82$5,243
Jan 1999687310.381.90$7,137
Dec 199868739.201.77$6,326
Nov 1998689310.892.19$7,510
Oct 1998705312.421.97$8,762
Sep 1998683212.592.08$8,603
Aug 1998483211.301.91$5,462
Jul 1998657211.742.24$7,718
Jun 1998659311.242.24$7,414
May 1998527312.622.21$6,657
Apr 1998650213.042.51$8,481
Mar 199853115512.802.31$7,155
Feb 199852114013.952.30$7,590
Jan 199888715514.702.15$13,373
Dec 1997535016.322.41$8,731
Nov 1997699018.193.09$12,715
Oct 1997696019.253.15$13,398
Sep 1997894017.742.95$15,860
Aug 1997357017.862.55$6,376
Jul 1997544017.582.25$9,564
Jun 1997666017.242.26$11,482
May 1997520018.972.31$9,864
Apr 1997540017.882.08$9,655
Mar 1997542018.951.94$10,271
Feb 1997538020.492.21$11,024
Jan 1997519023.483.54$12,186
Dec 1996527023.32$12,290
Nov 1996561021.97$12,325
Oct 1996665023.31$15,501
Sep 1996526022.22$11,688
Aug 1996696020.26$14,101
Jul 1996831019.55$16,246
Jun 1996332018.73$6,218
May 1996361019.43$7,014
Apr 1996561021.51$12,067
Mar 1996393019.38$7,616
Feb 1996580016.98$9,848
Jan 1996758017.07$12,939
Dec 1995397017.19$6,824
Nov 1995716016.00$11,456
Oct 1995382015.43$5,894
Sep 1995684016.18$11,067
Aug 1995724015.92$11,526
Jul 1995529015.24$8,062
Jun 1995568016.41$9,321
May 1995726017.56$12,749
Apr 1995744017.73$13,191
Mar 1995720016.44$11,837
Feb 1995559016.58$9,268
Jan 1995718015.92$11,431
Dec 1994547015.03$8,221
Nov 1994704015.90$11,194
Oct 1994709015.58$11,046
Sep 1994705115.29$10,779
Aug 1994710116.13$11,452
Jul 1994696117.56$12,222
Jun 1994678117.09$11,587
May 1994494115.88$7,845
Apr 1994527114.14$7,452
Mar 1994662112.46$8,249
Feb 1994328112.50$4,100
Jan 1994503112.66$6,368
Dec 1993829112.33$10,222
Nov 1993517114.49$7,491
Oct 1993347115.85$5,500
Sep 1993682115.03$10,250
Aug 1993691115.66$10,821
Jul 199366410815.46$10,265
Jun 199370110816.79$11,770
May 199350410817.68$8,911
Apr 199385310818.05$15,397
Mar 199354010818.14$9,796
Feb 199378210817.90$13,998
Jan 199347710816.93$8,076

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.

Jul 2006 — as filed, then multipliedworked
Oil                  772 bbl  × $ 69.37 =    $53,554
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                  $53,554

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/62770 is the state's own key, not one this site invented.