WEBB

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the PLAINS, SOUTHWEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 65843District 8AField 71812500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.8 M
Jan 1993 – Oct 2014
Value, last 12 filed months
$479
at the published price for each month
Months reported
262
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 5 leases and 11 wells, and the rule below applies to all of them.

Discovered
1985-05-19
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

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.

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
OilDisposition115,979 bbl$2,763,537
Casinghead gasProduction21,815 Mcf$63,761
Total$2,827,298

7,722 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 (2)

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 33.1442, -102.8862. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.14415, -102.88618 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
10,401 ft
2 wells filed one
Completion to plug
25.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 9,400 and 11,402 ft, median 10,401 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1986 – Mar 1999
2 of 2 wells
Plug dates filed
Mar 2014 – May 2023
2 of 2 wells

Last completion to plug: a median of 25.9 years across the 2 wells that filed both dates, with the middle half between 25.1 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-501316661X11,402 ftMar 1999May 2023Yes
42-5013307129,400 ftJul 1986Mar 2014Yes

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 (262)

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

262 months

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 20145095.895.06$479
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
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 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200766588.337.30$5,866
Nov 2007101791.677.29$9,310
Oct 200719982.856.92$1,636
Sep 2007541675.846.24$4,195
Aug 2007711569.066.39$4,999
Jul 20071563570.906.39$11,284
Jun 2007701562.007.55$4,453
May 20071782658.747.85$10,660
Apr 20071443559.617.81$8,857
Mar 20071523156.927.30$8,878
Feb 20071573955.108.22$8,971
Jan 200782950.306.73$4,185
Dec 20060056.656.92$0
Nov 2006461954.207.62$2,638
Oct 20061612754.906.01$9,001
Sep 2006128560.085.04$7,715
Aug 20061513268.717.34$10,610
Jul 20062295769.376.34$16,247
Jun 20062656366.286.38$17,966
May 20062158166.016.42$14,713
Apr 20061963764.397.36$12,893
Mar 20061338756.707.08$8,157
Feb 20061638857.597.75$10,069
Jan 20062809460.598.93$17,805
Dec 20051628354.9413.42$10,014
Nov 20052327954.6910.59$13,525
Oct 20051989158.3413.80$12,807
Sep 20052309961.4512.08$15,329
Aug 200529611061.519.80$19,285
Jul 200522911755.697.84$13,671
Jun 200519513252.337.38$11,179
May 200525411845.226.65$12,271
Apr 20052188749.207.36$11,366
Mar 200529018050.377.15$15,895
Feb 20051937645.226.31$9,207
Jan 20052778443.166.32$12,486
Dec 20042058739.866.75$8,759
Nov 20042263345.286.33$10,442
Oct 200422617749.706.52$12,385
Sep 200425517043.245.28$11,924
Aug 200432422942.375.55$14,999
Jul 200435022638.286.08$14,773
Jun 200430318136.106.43$12,103
May 200431418037.486.49$12,938
Apr 200424114334.475.86$9,145
Mar 20042888234.365.53$10,349
Feb 20042888232.455.51$9,797
Jan 200437414132.036.30$12,867
Dec 20032969330.266.30$9,543
Nov 200330318428.804.60$9,572
Oct 200334215428.174.76$10,367
Sep 200329526826.314.75$9,034
Aug 200360520229.765.13$19,041
Jul 20031,51615629.415.17$45,392
Jun 20031,41315428.565.98$41,277
May 20031,05716626.595.97$29,097
Apr 200331716526.675.41$9,347
Mar 200335017331.146.10$11,954
Feb 200325513433.487.93$9,599
Jan 200338817630.315.58$12,743
Dec 200242012126.914.85$11,890
Nov 200246513024.664.14$12,005
Oct 200243410326.464.23$11,919
Sep 200239811427.443.64$11,336
Aug 200238911725.963.16$10,469
Jul 200242412624.583.06$10,808
Jun 200243112923.733.34$10,658
May 200238914124.663.58$10,098
Apr 200244912323.653.51$11,051
Mar 200241921122.003.10$9,873
Feb 200228627818.222.38$5,871
Jan 200241330317.172.38$7,811
Dec 200131925016.932.36$5,992
Nov 200126816018.072.41$5,228
Oct 20012404319.782.53$4,856
Sep 20012893624.262.25$7,092
Aug 20013295824.873.05$8,359
Jul 20013865523.933.20$9,413
Jun 20012428124.563.82$6,253
May 20013507725.524.31$9,264
Apr 20013385424.685.34$8,630
Mar 20013068324.545.38$7,955
Feb 20014623727.755.77$13,034
Jan 20013948127.478.40$11,503
Dec 20004317626.889.12$12,279
Nov 20003895432.215.66$12,835
Oct 20004456231.235.15$14,216
Sep 20009796031.875.19$31,512
Aug 20002,5083429.644.54$74,492
Jul 20002,7558928.534.09$78,964
Jun 20002,72920529.304.40$80,861
May 20002,76314627.263.68$75,857
Apr 20002,72812724.513.12$67,259
Mar 20003,10620928.422.86$88,870
Feb 20003,10721527.622.73$86,402
Jan 20003,79419825.272.48$96,366
Dec 19993,63430424.282.42$88,970
Nov 19993,60631723.192.43$84,395
Oct 19994,16639120.982.80$88,499
Sep 19994,52133221.752.62$99,201
Aug 19994,52226619.262.88$87,859
Jul 19994,9557417.892.37$88,821
Jun 19991,5641915.942.36$24,975
May 19991,0445415.792.32$16,610
Apr 19991,4579915.102.21$22,219
Mar 19999452812.471.84$11,836
Feb 1999954439.981.82$9,599
Jan 19991,22011010.381.90$12,873
Dec 1998956989.201.77$8,969
Nov 19987686610.892.19$8,508
Oct 19981,0449012.421.97$13,144
Sep 19989866112.592.08$12,541
Aug 19981,0075211.301.91$11,478
Jul 19983992811.742.24$4,747
Jun 199887011.242.24$978
May 1998256312.622.21$3,237
Apr 19983753013.042.51$4,965
Mar 19983106712.802.31$4,123
Feb 19982665513.952.30$3,837
Jan 19982654214.702.15$3,986
Dec 1997402016.322.41$6,561
Nov 199756411918.193.09$10,627
Oct 1997475019.253.15$9,144
Sep 19970017.742.95$0
Aug 1997532017.862.55$9,502
Jul 1997575017.582.25$10,109
Jun 199743520017.242.26$7,951
May 199749621218.972.31$9,899
Apr 199737020017.882.08$7,032
Mar 199778014318.951.94$15,058
Feb 199722618020.492.21$5,028
Jan 199750018023.483.54$12,377
Dec 199640021123.32$9,328
Nov 199648017821.97$10,546
Oct 199649615023.31$11,562
Sep 199648020022.22$10,666
Aug 199639520520.26$8,003
Jul 199649015719.55$9,580
Jun 19963038818.73$5,675
May 19962319219.43$4,488
Apr 19962528021.51$5,421
Mar 199626210819.38$5,078
Feb 19962399716.98$4,058
Jan 19962889817.07$4,916
Dec 19952706517.19$4,641
Nov 19951728016.00$2,752
Oct 19952607815.43$4,012
Sep 19952638016.18$4,255
Aug 19952688015.92$4,267
Jul 19952529915.24$3,840
Jun 19953109416.41$5,087
May 199525311017.56$4,443
Apr 199530012017.73$5,319
Mar 199555814116.44$9,174
Feb 199521014616.58$3,482
Jan 199541716315.92$6,639
Dec 199478717215.03$11,829
Nov 199442416515.90$6,742
Oct 199442418515.58$6,606
Sep 199442218815.29$6,452
Aug 199453719216.13$8,662
Jul 199440517817.56$7,112
Jun 199455019117.09$9,400
May 199440217515.88$6,384
Apr 199455916114.14$7,904
Mar 199426614612.46$3,314
Feb 199457212512.50$7,150
Jan 199439614112.66$5,013
Dec 199353520312.33$6,597
Nov 199355617314.49$8,056
Oct 199357719715.85$9,145
Sep 199328618915.03$4,299
Aug 199380031515.66$12,528
Jul 199381031515.46$12,523
Jun 199395131516.79$15,967
May 199361231717.68$10,820
Apr 19935008618.05$9,025
Mar 199336726018.14$6,657
Feb 199323719517.90$4,242
Jan 199339221816.93$6,637

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 2014 — as filed, then multipliedworked
Oil                    5 bbl  × $ 95.89 =       $479
Casinghead gas         0 Mcf  × $  5.06 =         $0

────────────────────────────────────────────────────
Month total                                     $479

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/65843 is the state's own key, not one this site invented.