STENNETT

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 62935District 8AField 52872001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$431 k
Jan 1993 – Mar 2007
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
171
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 97 leases and 321 wells, and the rule below applies to all of them.

Discovered
1941-08-20
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-12-16.

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: 5162',AMENDED SPACING,ADOPTED 20 ACRE OPTION WITH 1500'DIAGONAL.

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
OilDisposition17,708 bbl$431,028
Casinghead gasProduction134 Mcf$307
Total$431,336

48 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 (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 33.5672, -101.6511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.56723, -101.65113 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,850 ft
1 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.
1100.0%

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 4,850 ft.

Completions filed
Jul 1980
1 of 1 wells

1 well

42-3033051814,850 ftJul 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 2006335069.376.34$23,239
Jun 2006174066.286.38$11,533
May 2006182066.016.42$12,014
Apr 20060064.397.36$0
Mar 2006174056.707.08$9,866
Feb 2006174057.597.75$10,021
Jan 20060060.598.93$0
Dec 2005174054.9413.42$9,560
Nov 2005170054.6910.59$9,297
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004173039.866.75$6,896
Nov 2004164045.286.33$7,426
Oct 2004171049.706.52$8,499
Sep 2004170043.245.28$7,351
Aug 2004165042.375.55$6,991
Jul 20040038.286.08$0
Jun 2004167036.106.43$6,029
May 2004171037.486.49$6,409
Apr 2004172034.475.86$5,929
Mar 2004173034.365.53$5,944
Feb 20040132.455.51$6
Jan 2004167132.036.30$5,355
Dec 20030130.266.30$6
Nov 2003166128.804.60$4,785
Oct 2003167128.174.76$4,709
Sep 2003171126.314.75$4,504
Aug 2003162129.765.13$4,826
Jul 20030129.415.17$5
Jun 2003164128.565.98$4,690
May 2003174126.595.97$4,633
Apr 2003160126.675.41$4,273
Mar 20030131.146.10$6
Feb 2003165133.487.93$5,532
Jan 2003167130.315.58$5,067
Dec 2002170126.914.85$4,580
Nov 20020124.664.14$4
Oct 2002166126.464.23$4,397
Sep 2002170127.443.64$4,668
Aug 20020125.963.16$3
Jul 2002170124.583.06$4,182
Jun 2002169123.733.34$4,014
May 2002165124.663.58$4,072
Apr 2002169123.653.51$4,000
Mar 2002171122.003.10$3,765
Feb 2002170118.222.38$3,100
Jan 20020117.172.38$2
Dec 2001163116.932.36$2,762
Nov 2001166118.072.41$3,002
Oct 2001165119.782.53$3,266
Sep 2001163124.262.25$3,957
Aug 2001161124.873.05$4,007
Jul 20010123.933.20$3
Jun 2001164124.563.82$4,032
May 2001165125.524.31$4,215
Apr 2001325124.685.34$8,026
Mar 20010124.545.38$5
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 20000126.889.12$9
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 20000131.875.19$5
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 20000124.513.12$3
Mar 20000128.422.86$3
Feb 20000127.622.73$3
Jan 20000125.272.48$2
Dec 19990124.282.42$2
Nov 19990123.192.43$2
Oct 19990120.982.80$3
Sep 19990121.752.62$3
Aug 19990119.262.88$3
Jul 19990117.892.37$2
Jun 19990115.942.36$2
May 19990115.792.32$2
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 19990110.381.90$2
Dec 199818019.201.77$1,658
Nov 1998177110.892.19$1,930
Oct 1998169112.421.97$2,101
Sep 19980112.592.08$2
Aug 1998175111.301.91$1,979
Jul 19980111.742.24$2
Jun 1998171111.242.24$1,924
May 1998176112.622.21$2,223
Apr 1998175113.042.51$2,285
Mar 19980112.802.31$2
Feb 1998169113.952.30$2,360
Jan 1998168114.702.15$2,472
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 1997170119.253.15$3,276
Sep 19970117.742.95$3
Aug 1997170117.862.55$3,039
Jul 1997169117.582.25$2,973
Jun 1997171117.242.26$2,950
May 1997169118.972.31$3,208
Apr 19970117.882.08$2
Mar 1997166118.951.94$3,148
Feb 1997170120.492.21$3,486
Jan 19970123.483.54$4
Dec 1996169123.32$3,941
Nov 1996170121.97$3,735
Oct 1996170123.31$3,963
Sep 1996161122.22$3,577
Aug 19960120.26$0
Jul 1996181119.55$3,539
Jun 1996176118.73$3,296
May 1996170119.43$3,303
Apr 1996176121.51$3,786
Mar 19960119.38$0
Feb 1996179116.98$3,039
Jan 1996176117.07$3,004
Dec 1995182117.19$3,129
Nov 1995175116.00$2,800
Oct 1995187115.43$2,885
Sep 1995186116.18$3,009
Aug 19950115.92$0
Jul 1995173115.24$2,637
Jun 1995169116.41$2,773
May 19950117.56$0
Apr 1995166117.73$2,943
Mar 1995167116.44$2,745
Feb 1995169116.58$2,802
Jan 1995160115.92$2,547
Dec 1994158115.03$2,375
Nov 19940115.90$0
Oct 1994157115.58$2,446
Sep 1994160115.29$2,446
Aug 1994160116.13$2,581
Jul 1994171117.56$3,003
Jun 1994159117.09$2,717
May 1994156115.88$2,477
Apr 1994183114.14$2,588
Mar 1994156112.46$1,944
Feb 1994160112.50$2,000
Jan 1994167112.66$2,114
Dec 1993167112.33$2,059
Nov 1993168114.49$2,434
Oct 1993168115.85$2,663
Sep 1993326115.03$4,900
Aug 1993168115.66$2,631
Jul 1993168115.46$2,597
Jun 1993162116.79$2,720
May 1993165117.68$2,917
Apr 1993168118.05$3,032
Mar 1993157118.14$2,848
Feb 1993166117.90$2,971
Jan 1993167116.93$2,827

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                  335 bbl  × $ 69.37 =    $23,239
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                  $23,239

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/62935 is the state's own key, not one this site invented.