JONES ESTATE "497"

Name: JONES ESTATE "497" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WHITING OIL AND GAS CORPORATION (P-5 920478) in the RUSSELL (CLEARFORK 7000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 64217District 8AField 79002166Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$1.0 M

Jan 1993 – May 2006

Value, last 12 filed months

$94 k

at the published price for each month

Months reported

161

no gaps in the span

Streams

oil, casinghead gas

The RUSSELL (CLEARFORK 7000) field

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 54 leases and 532 wells, and the rule below applies to all of them.

Discovered

1943-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

660 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres.

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: “(CLEARFORK CONSOLIDATED) FLD.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	40,635 bbl	$971,454
Casinghead gas	Production	14,015 Mcf	$42,245
Total			$1,013,699

4,198 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 32.8731, -102.9606. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.87308, -102.96062 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

7,852 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

1100.0%

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.

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 7,852 ft.

Completions filed

Dec 1982

1 of 1 wells

1 well


42-16532458	4971	7,852 ft	Dec 1982	—	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 (161)

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

161 months


May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	537	115	58.34	13.80	$32,915
Sep 2005	163	113	61.45	12.08	$11,381
Aug 2005	319	122	61.51	9.80	$20,817
Jul 2005	326	122	55.69	7.84	$19,112
Jun 2005	167	125	52.33	7.38	$9,662
May 2005	324	136	45.22	6.65	$15,556
Apr 2005	164	106	49.20	7.36	$8,849
Mar 2005	489	103	50.37	7.15	$25,368
Feb 2005	160	81	45.22	6.31	$7,746
Jan 2005	346	86	43.16	6.32	$15,477
Dec 2004	343	94	39.86	6.75	$14,307
Nov 2004	177	80	45.28	6.33	$8,521
Oct 2004	177	73	49.70	6.52	$9,273
Sep 2004	349	63	43.24	5.28	$15,424
Aug 2004	351	76	42.37	5.55	$15,294
Jul 2004	174	85	38.28	6.08	$7,178
Jun 2004	351	79	36.10	6.43	$13,179
May 2004	352	99	37.48	6.49	$13,836
Apr 2004	359	111	34.47	5.86	$13,025
Mar 2004	173	57	34.36	5.53	$6,260
Feb 2004	174	54	32.45	5.51	$5,944
Jan 2004	356	87	32.03	6.30	$11,951
Dec 2003	179	87	30.26	6.30	$5,965
Nov 2003	347	95	28.80	4.60	$10,430
Oct 2003	353	93	28.17	4.76	$10,387
Sep 2003	176	86	26.31	4.75	$5,039
Aug 2003	176	95	29.76	5.13	$5,725
Jul 2003	355	93	29.41	5.17	$10,921
Jun 2003	176	96	28.56	5.98	$5,601
May 2003	356	110	26.59	5.97	$10,123
Apr 2003	353	87	26.67	5.41	$9,885
Mar 2003	181	80	31.14	6.10	$6,124
Feb 2003	343	74	33.48	7.93	$12,070
Jan 2003	350	101	30.31	5.58	$11,172
Dec 2002	10	98	26.91	4.85	$745
Nov 2002	122	78	24.66	4.14	$3,331
Oct 2002	0	86	26.46	4.23	$364
Sep 2002	0	98	27.44	3.64	$356
Aug 2002	344	121	25.96	3.16	$9,313
Jul 2002	173	116	24.58	3.06	$4,608
Jun 2002	358	116	23.73	3.34	$8,883
May 2002	160	133	24.66	3.58	$4,422
Apr 2002	347	121	23.65	3.51	$8,632
Mar 2002	351	112	22.00	3.10	$8,070
Feb 2002	178	98	18.22	2.38	$3,476
Jan 2002	345	112	17.17	2.38	$6,190
Dec 2001	359	102	16.93	2.36	$6,319
Nov 2001	171	78	18.07	2.41	$3,278
Oct 2001	345	70	19.78	2.53	$7,001
Sep 2001	179	88	24.26	2.25	$4,541
Aug 2001	342	98	24.87	3.05	$8,805
Jul 2001	349	102	23.93	3.20	$8,678
Jun 2001	357	86	24.56	3.82	$9,097
May 2001	174	87	25.52	4.31	$4,815
Apr 2001	349	106	24.68	5.34	$9,179
Mar 2001	324	75	24.54	5.38	$8,354
Feb 2001	0	52	27.75	5.77	$300
Jan 2001	347	60	27.47	8.40	$10,036
Dec 2000	337	54	26.88	9.12	$9,551
Nov 2000	175	123	32.21	5.66	$6,333
Oct 2000	357	90	31.23	5.15	$11,612
Sep 2000	358	106	31.87	5.19	$11,959
Aug 2000	173	104	29.64	4.54	$5,600
Jul 2000	351	106	28.53	4.09	$10,448
Jun 2000	342	103	29.30	4.40	$10,474
May 2000	173	103	27.26	3.68	$5,095
Apr 2000	361	100	24.51	3.12	$9,160
Mar 2000	348	91	28.42	2.86	$10,150
Feb 2000	172	91	27.62	2.73	$4,999
Jan 2000	360	70	25.27	2.48	$9,271
Dec 1999	355	78	24.28	2.42	$8,808
Nov 1999	167	128	23.19	2.43	$4,184
Oct 1999	358	78	20.98	2.80	$7,730
Sep 1999	179	92	21.75	2.62	$4,134
Aug 1999	370	103	19.26	2.88	$7,422
Jul 1999	374	102	17.89	2.37	$6,933
Jun 1999	185	86	15.94	2.36	$3,152
May 1999	357	100	15.79	2.32	$5,869
Apr 1999	375	79	15.10	2.21	$5,837
Mar 1999	366	98	12.47	1.84	$4,744
Feb 1999	380	78	9.98	1.82	$3,934
Jan 1999	631	68	10.38	1.90	$6,679
Dec 1998	0	79	9.20	1.77	$140
Nov 1998	0	85	10.89	2.19	$186
Oct 1998	327	95	12.42	1.97	$4,248
Sep 1998	649	95	12.59	2.08	$8,369
Aug 1998	489	92	11.30	1.91	$5,701
Jul 1998	168	91	11.74	2.24	$2,176
Jun 1998	166	92	11.24	2.24	$2,072
May 1998	167	143	12.62	2.21	$2,423
Apr 1998	651	80	13.04	2.51	$8,689
Mar 1998	0	93	12.80	2.31	$215
Feb 1998	165	65	13.95	2.30	$2,451
Jan 1998	333	67	14.70	2.15	$5,039
Dec 1997	295	66	16.32	2.41	$4,974
Nov 1997	315	86	18.19	3.09	$5,995
Oct 1997	329	55	19.25	3.15	$6,506
Sep 1997	318	69	17.74	2.95	$5,845
Aug 1997	331	82	17.86	2.55	$6,121
Jul 1997	343	89	17.58	2.25	$6,230
Jun 1997	300	119	17.24	2.26	$5,441
May 1997	294	97	18.97	2.31	$5,801
Apr 1997	326	85	17.88	2.08	$6,006
Mar 1997	343	90	18.95	1.94	$6,674
Feb 1997	163	131	20.49	2.21	$3,629
Jan 1997	172	83	23.48	3.54	$4,332
Dec 1996	293	91	23.32	—	$6,833
Nov 1996	175	148	21.97	—	$3,845
Oct 1996	341	67	23.31	—	$7,949
Sep 1996	143	68	22.22	—	$3,177
Aug 1996	179	83	20.26	—	$3,627
Jul 1996	305	73	19.55	—	$5,963
Jun 1996	183	66	18.73	—	$3,428
May 1996	143	84	19.43	—	$2,778
Apr 1996	316	73	21.51	—	$6,797
Mar 1996	169	76	19.38	—	$3,275
Feb 1996	171	62	16.98	—	$2,904
Jan 1996	183	67	17.07	—	$3,124
Dec 1995	320	49	17.19	—	$5,501
Nov 1995	177	59	16.00	—	$2,832
Oct 1995	333	57	15.43	—	$5,138
Sep 1995	161	37	16.18	—	$2,605
Aug 1995	168	54	15.92	—	$2,675
Jul 1995	330	97	15.24	—	$5,029
Jun 1995	181	89	16.41	—	$2,970
May 1995	160	90	17.56	—	$2,810
Apr 1995	161	87	17.73	—	$2,855
Mar 1995	316	68	16.44	—	$5,195
Feb 1995	162	66	16.58	—	$2,686
Jan 1995	318	54	15.92	—	$5,063
Dec 1994	165	54	15.03	—	$2,480
Nov 1994	324	43	15.90	—	$5,152
Oct 1994	161	63	15.58	—	$2,508
Sep 1994	166	54	15.29	—	$2,538
Aug 1994	318	50	16.13	—	$5,129
Jul 1994	156	31	17.56	—	$2,739
Jun 1994	158	78	17.09	—	$2,700
May 1994	299	84	15.88	—	$4,748
Apr 1994	162	62	14.14	—	$2,291
Mar 1994	317	70	12.46	—	$3,950
Feb 1994	159	84	12.50	—	$1,988
Jan 1994	268	95	12.66	—	$3,393
Dec 1993	319	112	12.33	—	$3,933
Nov 1993	151	152	14.49	—	$2,188
Oct 1993	302	154	15.85	—	$4,787
Sep 1993	160	158	15.03	—	$2,405
Aug 1993	362	164	15.66	—	$5,669
Jul 1993	219	143	15.46	—	$3,386
Jun 1993	196	117	16.79	—	$3,291
May 1993	203	129	17.68	—	$3,589
Apr 1993	309	115	18.05	—	$5,577
Mar 1993	200	141	18.14	—	$3,628
Feb 1993	371	134	17.90	—	$6,641
Jan 1993	194	146	16.93	—	$3,284

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 2005 — as filed, then multipliedworked

Oil                  537 bbl  × $ 58.34 =    $31,329
Casinghead gas       115 Mcf  × $ 13.80 =     $1,587

────────────────────────────────────────────────────
Month total                                  $32,915

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/64217 is the state's own key, not one this site invented.