FULTON

Operated by A.C.T. OPERATING COMPANY (P-5 194) in the LEVELLAND field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 64848District 8AField 53411001OilCasinghead gasSave
Value, all time
$521 k
Jan 1993 – May 2016
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
281
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
OilDisposition11,321 bbl$497,421
Casinghead gasProduction10,006 Mcf$23,244
Total$520,665

5,018 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 33.5624, -102.8474. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.56241, -102.84737 · 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
4,940 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 4,940 ft.

Completions filed
May 1984
1 of 1 wells

1 well

42-0793195114,940 ftMay 1984

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 (281)

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

281 months

May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201689033.011.79$2,938
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014161097.406.19$15,681
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131640104.113.72$17,074
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013155093.623.91$14,511
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012177086.953.62$15,390
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012157085.133.02$13,365
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121600105.052.22$16,808
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011148095.723.31$14,167
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011152083.404.15$12,677
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111480105.964.33$15,682
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010155085.734.35$13,288
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010161072.633.98$11,693
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010168081.694.12$13,724
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010168074.365.96$12,492
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009170067.423.22$11,461
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009167042.144.06$7,037
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008168055.496.86$9,322
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081630131.3313.03$21,407
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008150092.538.77$13,880
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200701191.677.29$80
Oct 2007161882.856.92$13,394
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007176462.007.55$10,942
May 200702058.747.85$157
Apr 200702059.617.81$156
Mar 200702756.927.30$197
Feb 200703155.108.22$255
Jan 20071732850.306.73$8,890
Dec 200602656.656.92$180
Nov 200603454.207.62$259
Oct 200603454.906.01$204
Sep 20061803760.085.04$11,001
Aug 200604068.717.34$294
Jul 200604069.376.34$254
Jun 200604566.286.38$287
May 20061724766.016.42$11,656
Apr 200604464.397.36$324
Mar 200603956.707.08$276
Feb 200603557.597.75$271
Jan 20061813760.598.93$11,297
Dec 200504354.9413.42$577
Nov 200503854.6910.59$402
Oct 200504658.3413.80$635
Sep 20051783961.4512.08$11,409
Aug 200502761.519.80$265
Jul 200502755.697.84$212
Jun 20051732952.337.38$9,267
May 200503345.226.65$219
Apr 200502549.207.36$184
Mar 20051661150.377.15$8,440
Feb 200502245.226.31$139
Jan 200502843.166.32$177
Dec 200402539.866.75$169
Nov 200416910245.286.33$8,298
Oct 200408249.706.52$534
Sep 200403243.245.28$169
Aug 20041614042.375.55$7,044
Jul 200404538.286.08$274
Jun 200404336.106.43$277
May 20040037.486.49$0
Apr 20041633534.475.86$5,824
Mar 200403934.365.53$216
Feb 200402832.455.51$154
Jan 20041681432.036.30$5,469
Dec 200301330.266.30$82
Nov 200301428.804.60$64
Oct 20031481928.174.76$4,260
Sep 200301126.314.75$52
Aug 200301129.765.13$56
Jul 200302029.415.17$103
Jun 20031741828.565.98$5,077
May 200301626.595.97$96
Apr 200301526.675.41$81
Mar 20031761331.146.10$5,560
Feb 200301233.487.93$95
Jan 200303230.315.58$179
Dec 200203826.914.85$184
Nov 20021663724.664.14$4,247
Oct 200203526.464.23$148
Sep 20021713427.443.64$4,816
Aug 200203825.963.16$120
Jul 200203624.583.06$110
Jun 200203923.733.34$130
May 200204724.663.58$168
Apr 20021555423.653.51$3,855
Mar 200206222.003.10$192
Feb 200204918.222.38$116
Jan 20021835217.172.38$3,266
Dec 200103916.932.36$92
Nov 200104918.072.41$118
Oct 200104719.782.53$119
Sep 20011562124.262.25$3,832
Aug 200104024.873.05$122
Jul 200104123.933.20$131
Jun 20011734224.563.82$4,409
May 200107025.524.31$302
Apr 200107024.685.34$373
Mar 200107624.545.38$409
Feb 20011786427.755.77$5,309
Jan 200106727.478.40$563
Dec 200006226.889.12$566
Nov 200005332.215.66$300
Oct 20001646031.235.15$5,430
Sep 200007931.875.19$410
Aug 200007929.644.54$359
Jul 20003167228.534.09$9,310
Jun 200007529.304.40$330
May 200007327.263.68$269
Apr 200007824.513.12$243
Mar 20001708328.422.86$5,069
Feb 200007527.622.73$204
Jan 200008525.272.48$211
Dec 19991444024.282.42$3,593
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19990499.981.82$89
Jan 199905810.381.90$110
Dec 1998183659.201.77$1,799
Nov 19981724910.892.19$1,980
Oct 199804212.421.97$83
Sep 199804512.592.08$94
Aug 199804511.301.91$86
Jul 199804511.742.24$101
Jun 199804211.242.24$94
May 19981623912.622.21$2,130
Apr 199803913.042.51$98
Mar 199804112.802.31$95
Feb 19981723813.952.30$2,487
Jan 199804114.702.15$88
Dec 199704016.322.41$96
Nov 199705018.193.09$154
Oct 19971685219.253.15$3,398
Sep 199704817.742.95$142
Aug 199705517.862.55$141
Jul 19971645917.582.25$3,016
Jun 199706517.242.26$147
May 199705718.972.31$132
Apr 19971445017.882.08$2,679
Mar 199705918.951.94$114
Feb 199704720.492.21$104
Jan 19971795323.483.54$4,391
Dec 199606023.32$0
Nov 199605521.97$0
Oct 199605123.31$0
Sep 19961694322.22$3,755
Aug 199604720.26$0
Jul 199606119.55$0
Jun 19961586218.73$2,959
May 199606919.43$0
Apr 199604321.51$0
Mar 19961574019.38$3,043
Feb 199603216.98$0
Jan 199602017.07$0
Dec 199502717.19$0
Nov 19951603716.00$2,560
Oct 199505015.43$0
Sep 199505916.18$0
Aug 19951676415.92$2,659
Jul 199506115.24$0
Jun 199506116.41$0
May 199506317.56$0
Apr 19951676317.73$2,961
Mar 199505616.44$0
Feb 199504216.58$0
Jan 19951684915.92$2,675
Dec 1994014115.03$0
Nov 1994012815.90$0
Oct 199416310615.58$2,540
Sep 1994012115.29$0
Aug 1994015616.13$0
Jul 199415618817.56$2,739
Jun 1994020017.09$0
May 1994018415.88$0
Apr 1994019114.14$0
Mar 199416417012.46$2,043
Feb 1994016412.50$0
Jan 199405212.66$0
Dec 199316716612.33$2,059
Nov 1993015714.49$0
Oct 1993019415.85$0
Sep 199316820415.03$2,525
Aug 1993019215.66$0
Jul 1993021515.46$0
Jun 199316917316.79$2,838
May 1993011517.68$0
Apr 1993018118.05$0
Mar 1993015118.14$0
Feb 199316812317.90$3,007
Jan 1993013116.93$0

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.

Mar 2016 — as filed, then multipliedworked
Oil                   89 bbl  × $ 33.01 =     $2,938
Casinghead gas         0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $2,938

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/64848 is the state's own key, not one this site invented.