FORD "47"

Operated by PATTERSON PETROLEUM, INC. (P-5 643392) in the POLAR (STRAWN,WEST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 64060District 8AField 72212805OilCasinghead gasSaveExport
Value, all time
$168 k
Jan 1993 – May 1998
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
65
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1981-01-03
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition9,601 bbl$166,689
Casinghead gasProduction1,212 Mcf$1,120
Total$167,808

782 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 33.0487, -101.0080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.04874, -101.00796 · 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
7,719 ft
1 wells filed one
Completion to plug
15.5 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 7,719 ft.

Completions filed
Sep 1982
1 of 1 wells
Plug dates filed
Mar 1998
1 of 1 wells

Last completion to plug: a median of 15.5 years across the 1 well that filed both dates, with the middle half between 15.5 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2633087317,719 ftSep 1982Mar 1998Yes

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 (65)

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

65 months

May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997162018.193.09$2,947
Oct 19971757619.253.15$3,608
Sep 19971727217.742.95$3,264
Aug 19971696317.862.55$3,179
Jul 19971724717.582.25$3,129
Jun 19971764317.242.26$3,131
May 19971704118.972.31$3,320
Apr 19971733217.882.08$3,160
Mar 19971732318.951.94$3,323
Feb 19971721420.492.21$3,555
Jan 19971651923.483.54$3,941
Dec 19961732123.32$4,034
Nov 19961741721.97$3,823
Oct 199601523.31$0
Sep 19961671822.22$3,711
Aug 1996170920.26$3,444
Jul 19961651519.55$3,226
Jun 19961651618.73$3,090
May 19961631719.43$3,167
Apr 19961681721.51$3,614
Mar 19961701819.38$3,295
Feb 19961711816.98$2,904
Jan 19963532017.07$6,026
Dec 199502417.19$0
Nov 19953451616.00$5,520
Oct 19951701715.43$2,623
Sep 19951692216.18$2,734
Aug 19951712515.92$2,722
Jul 19953472615.24$5,288
Jun 19951762816.41$2,888
May 19953353217.56$5,883
Apr 19953423217.73$6,064
Mar 19953443516.44$5,655
Feb 19953443016.58$5,704
Jan 19953513115.92$5,588
Dec 19941711815.03$2,570
Nov 19941782415.90$2,830
Oct 19941731915.58$2,695
Sep 19941732215.29$2,645
Aug 19943482316.13$5,613
Jul 19941752217.56$3,073
Jun 19941641017.09$2,803
May 199401315.88$0
Apr 19941701214.14$2,404
Mar 19941761112.46$2,193
Feb 199401012.50$0
Jan 1994169712.66$2,140
Dec 19930912.33$0
Nov 1993167714.49$2,420
Oct 19930515.85$0
Sep 19930615.03$0
Aug 1993174615.66$2,725
Jul 19930615.46$0
Jun 19930516.79$0
May 19930517.68$0
Apr 1993174618.05$3,141
Mar 19930518.14$0
Feb 19930617.90$0
Jan 1993177616.93$2,997

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 1997 — as filed, then multipliedworked
Oil                  162 bbl  × $ 18.19 =     $2,947
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $2,947

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/64060 is the state's own key, not one this site invented.