WESCOTT "21"

Operated by PETROPLEX EQUIPMENT, INC. (P-5 660854) in the WESCOTT (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 64277District 8AField 96408664Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$117 k
Jan 1993 – Jul 1998
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
67
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 17 leases and 37 wells, and the rule below applies to all of them.

Discovered
1954-11-20
as the register files it
Field class
Oil
the register's own label
Between wells
1,750 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 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.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition6,733 bbl$115,565
Casinghead gasProduction4,920 Mcf$1,488
Total$117,053

4,362 Mcf of this lease's gas, across 47 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 32.6656, -102.5519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66560, -102.55192 · 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
12,494 ft
1 wells filed one
Completion to plug
10.8 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 12,494 ft.

Completions filed
Apr 1998
1 of 1 wells
Plug dates filed
Feb 2009
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16532444112,494 ftApr 1998Feb 2009Yes

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 (67)

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

67 months

Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998109013.042.51$1,421
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998173014.702.15$2,543
Dec 19970016.322.41$0
Nov 1997172018.193.09$3,129
Oct 19970019.253.15$0
Sep 1997169017.742.95$2,998
Aug 199705717.862.55$146
Jul 19971765717.582.25$3,222
Jun 19971724517.242.26$3,067
May 199704518.972.31$104
Apr 199704417.882.08$92
Mar 19971704618.951.94$3,311
Feb 19971718020.492.21$3,680
Jan 199716818423.483.54$4,596
Dec 199604023.32$0
Nov 19961718421.97$3,757
Oct 199616913423.31$3,939
Sep 19960722.22$0
Aug 199602720.26$0
Jul 199616711419.55$3,265
Jun 199603418.73$0
May 1996010319.43$0
Apr 199631613321.51$6,797
Mar 19960019.38$0
Feb 19960116.98$0
Jan 19961757117.07$2,987
Dec 19951668017.19$2,854
Nov 199516916016.00$2,704
Oct 199504015.43$0
Sep 19951574716.18$2,540
Aug 199508015.92$0
Jul 19951728515.24$2,621
Jun 199508316.41$0
May 19951869317.56$3,266
Apr 199509417.73$0
Mar 199516610116.44$2,729
Feb 19951789316.58$2,951
Jan 1995011915.92$0
Dec 19941798815.03$2,690
Nov 199409515.90$0
Oct 199417011515.58$2,649
Sep 199418415815.29$2,813
Aug 1994014916.13$0
Jul 199418618317.56$3,266
Jun 19941845817.09$3,145
May 199401715.88$0
Apr 199419614.14$14
Mar 199417610312.46$2,193
Feb 19941869112.50$2,325
Jan 199401812.66$0
Dec 19931704512.33$2,096
Nov 19931795614.49$2,594
Oct 199306515.85$0
Sep 19931827815.03$2,735
Aug 199309415.66$0
Jul 199316115115.46$2,489
Jun 199318417316.79$3,089
May 199336422117.68$6,436
Apr 199304718.05$0
Mar 199318816318.14$3,410
Feb 199318117817.90$3,240
Jan 19931869716.93$3,149

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.

Apr 1998 — as filed, then multipliedworked
Oil                  109 bbl  × $ 13.04 =     $1,421
Casinghead gas         0 Mcf  × $  2.51 =         $0

────────────────────────────────────────────────────
Month total                                   $1,421

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/64277 is the state's own key, not one this site invented.