KNIGHT

Operated by RIM OPERATING, INC. (P-5 712245) in the TEX-MEX, SE. (WICHITA ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 66125District 8AField 89010700Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$242 k
Jan 1993 – Mar 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
147
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 101 leases and 366 wells, and the rule below applies to all of them.

Discovered
1983-02-09
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-05-18.

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: CORRELATIVE INTERVAL OF CONSOLIDATED FIELD COVERS FROM THE TOP OF

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
NGPA2none

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
OilDisposition13,300 bbl$225,086
Casinghead gasProduction27,416 Mcf$17,164
Total$242,249

20,553 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 (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 32.5758, -103.0242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.57578, -103.02425 · 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
50.0%
1 of 2 wells
Median depth
7,700 ft
2 wells filed one
Completion to plug
16.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 7,700 and 7,700 ft, median 7,700 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1988 – Sep 1988
2 of 2 wells
Plug dates filed
Mar 2005
1 of 2 wells; 1 filed none

Last completion to plug: a median of 16.6 years across the 1 well that filed both dates, with the middle half between 16.6 years and 16.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1653346817,700 ftSep 1988Yes
42-1653399427,700 ftAug 1988Mar 2005Yes

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 (147)

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

147 months

Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
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 19992015.792.32$32
Apr 19990015.102.21$0
Mar 19998012.471.84$100
Feb 1999009.981.82$0
Jan 199995410.381.90$196
Dec 1998009.201.77$0
Nov 1998152710.892.19$222
Oct 19980012.421.97$0
Sep 1998272712.592.08$396
Aug 19980011.301.91$0
Jul 1998692911.742.24$875
Jun 19980011.242.24$0
May 1998989312.622.21$1,442
Apr 199809013.042.51$225
Mar 199811221012.802.31$1,919
Feb 1998029813.952.30$685
Jan 199811743014.702.15$2,646
Dec 199734341216.322.41$6,591
Nov 199711843118.193.09$3,477
Oct 199712448419.253.15$3,912
Sep 199723445417.742.95$5,493
Aug 19978931917.862.55$2,405
Jul 199710328817.582.25$2,458
Jun 199726251117.242.26$5,670
May 199712050718.972.31$3,447
Apr 199719748717.882.08$4,537
Mar 199720161718.951.94$5,005
Feb 1997053220.492.21$1,174
Jan 199721856323.483.54$7,111
Dec 199616922123.32$3,941
Nov 199635818021.97$7,865
Oct 199614821423.31$3,450
Sep 199628621422.22$6,355
Aug 199614425920.26$2,917
Jul 199628626519.55$5,591
Jun 199626023418.73$4,870
May 19969025919.43$1,749
Apr 19969025421.51$1,936
Mar 199618026019.38$3,488
Feb 199617624416.98$2,988
Jan 19969421917.07$1,605
Dec 199526824217.19$4,607
Nov 19958722816.00$1,392
Oct 199514020515.43$2,160
Sep 199515712616.18$2,540
Aug 199531128315.92$4,951
Jul 199530023115.24$4,572
Jun 199515220816.41$2,494
May 199530824217.56$5,408
Apr 199531024017.73$5,496
Mar 199531820616.44$5,228
Feb 199516364116.58$2,703
Jan 199547918815.92$7,626
Dec 199439520815.03$5,937
Nov 199429015.90$461
Oct 199414243515.58$2,212
Sep 199449448815.29$7,553
Aug 19941791,00516.13$2,887
Jul 1994036017.56$0
Jun 199411740517.09$2,000
May 199423441715.88$3,716
Apr 199434941214.14$4,935
Mar 199420890412.46$2,592
Feb 199421088912.50$2,625
Jan 199420176212.66$2,545
Dec 199317349612.33$2,133
Nov 199331487114.49$4,550
Oct 19933211,04115.85$5,088
Sep 19931571,01915.03$2,360
Aug 19933141,30015.66$4,917
Jul 199321050815.46$3,247
Jun 199319452316.79$3,257
May 199316854417.68$2,970
Apr 199318244118.05$3,285
Mar 199328956618.14$5,242
Feb 199328256617.90$5,048
Jan 199339853016.93$6,738

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.

May 1999 — as filed, then multipliedworked
Oil                    2 bbl  × $ 15.79 =        $32
Casinghead gas         0 Mcf  × $  2.32 =         $0

────────────────────────────────────────────────────
Month total                                      $32

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/66125 is the state's own key, not one this site invented.