SPIRES, L. R. "A"

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

Operated by COYOTE OIL, INC. (P-5 186322) in the ELZON, W. (STRAWN 6950) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62858District 8AField 28829500OilCasinghead gasSave

Value, all time

$924 k

Jan 1993 – Dec 2004

Value, last 12 filed months

at the published price for each month

Months reported

144

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	54,603 bbl	$903,051
Casinghead gas	Production	99,198 Mcf	$21,150
Total			$924,202

90,402 Mcf of this lease's gas, across 48 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 (3)

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 33.0666, -100.8778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.06725, -100.87796 · 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%

3 of 3 wells

With a plug date

66.7%

2 of 3 wells

Median depth

6,962 ft

3 wells filed one

Completion to plug

22.0 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

266.7%

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

266.7%

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 6,935 and 6,995 ft, median 6,962 ft, over the 3 wells that filed a depth.

Completions filed

Apr 1980 – Jul 2001

3 of 3 wells

Plug dates filed

Feb 2002 – May 2002

2 of 3 wells; 1 filed none

Last completion to plug: a median of 22.0 years across the 2 wells that filed both dates, with the middle half between 21.9 years and 22.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-26310365	1	6,995 ft	Jul 2001	—	Yes
42-26330002	5	6,962 ft	Apr 1980	May 2002	Yes
42-26310377	3	6,935 ft	Apr 1980	Feb 2002	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 (144)

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

144 months


Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	70	91	23.19	2.43	$1,845
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
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	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	256	35	9.20	1.77	$2,417
Nov 1998	256	23	10.89	2.19	$2,838
Oct 1998	241	80	12.42	1.97	$3,151
Sep 1998	208	60	12.59	2.08	$2,744
Aug 1998	204	5	11.30	1.91	$2,315
Jul 1998	204	5	11.74	2.24	$2,406
Jun 1998	96	4	11.24	2.24	$1,088
May 1998	304	193	12.62	2.21	$4,262
Apr 1998	402	229	13.04	2.51	$5,816
Mar 1998	427	205	12.80	2.31	$5,939
Feb 1998	300	206	13.95	2.30	$4,659
Jan 1998	286	273	14.70	2.15	$4,792
Dec 1997	293	163	16.32	2.41	$5,175
Nov 1997	285	0	18.19	3.09	$5,184
Oct 1997	324	307	19.25	3.15	$7,204
Sep 1997	482	339	17.74	2.95	$9,552
Aug 1997	558	822	17.86	2.55	$12,066
Jul 1997	559	667	17.58	2.25	$11,326
Jun 1997	555	759	17.24	2.26	$11,281
May 1997	610	928	18.97	2.31	$13,714
Apr 1997	592	900	17.88	2.08	$12,459
Mar 1997	602	942	18.95	1.94	$13,235
Feb 1997	531	802	20.49	2.21	$12,649
Jan 1997	541	758	23.48	3.54	$15,386
Dec 1996	500	822	23.32	—	$11,660
Nov 1996	523	855	21.97	—	$11,490
Oct 1996	617	848	23.31	—	$14,382
Sep 1996	618	802	22.22	—	$13,732
Aug 1996	614	711	20.26	—	$12,440
Jul 1996	815	681	19.55	—	$15,933
Jun 1996	618	1,230	18.73	—	$11,575
May 1996	802	1,387	19.43	—	$15,583
Apr 1996	442	633	21.51	—	$9,507
Mar 1996	721	1,068	19.38	—	$13,973
Feb 1996	537	913	16.98	—	$9,118
Jan 1996	477	963	17.07	—	$8,142
Dec 1995	551	1,218	17.19	—	$9,472
Nov 1995	545	1,614	16.00	—	$8,720
Oct 1995	410	1,672	15.43	—	$6,326
Sep 1995	491	1,606	16.18	—	$7,944
Aug 1995	430	1,397	15.92	—	$6,846
Jul 1995	843	1,955	15.24	—	$12,847
Jun 1995	847	1,539	16.41	—	$13,899
May 1995	1,102	2,365	17.56	—	$19,351
Apr 1995	1,151	2,414	17.73	—	$20,407
Mar 1995	668	2,176	16.44	—	$10,982
Feb 1995	970	2,098	16.58	—	$16,083
Jan 1995	1,140	1,936	15.92	—	$18,149
Dec 1994	1,290	2,153	15.03	—	$19,389
Nov 1994	1,207	2,197	15.90	—	$19,191
Oct 1994	1,210	1,975	15.58	—	$18,852
Sep 1994	1,187	2,062	15.29	—	$18,149
Aug 1994	1,271	2,392	16.13	—	$20,501
Jul 1994	1,002	2,560	17.56	—	$17,595
Jun 1994	1,189	2,692	17.09	—	$20,320
May 1994	1,270	2,881	15.88	—	$20,168
Apr 1994	1,260	2,747	14.14	—	$17,816
Mar 1994	1,270	2,566	12.46	—	$15,824
Feb 1994	1,205	2,118	12.50	—	$15,063
Jan 1994	1,221	2,403	12.66	—	$15,458
Dec 1993	1,367	2,266	12.33	—	$16,855
Nov 1993	1,185	1,956	14.49	—	$17,171
Oct 1993	639	1,961	15.85	—	$10,128
Sep 1993	1,105	3,454	15.03	—	$16,608
Aug 1993	1,120	2,880	15.66	—	$17,539
Jul 1993	1,084	2,574	15.46	—	$16,759
Jun 1993	1,121	2,501	16.79	—	$18,822
May 1993	1,110	2,598	17.68	—	$19,625
Apr 1993	1,105	1,773	18.05	—	$19,945
Mar 1993	1,300	2,606	18.14	—	$23,582
Feb 1993	1,511	2,045	17.90	—	$27,047
Jan 1993	1,756	2,139	16.93	—	$29,729

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 1999 — as filed, then multipliedworked

Oil                   70 bbl  × $ 23.19 =     $1,623
Casinghead gas        91 Mcf  × $  2.43 =       $221

────────────────────────────────────────────────────
Month total                                   $1,845

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/62858 is the state's own key, not one this site invented.