SANTA FE MINERALS

Operated by GREAT WESTERN DRILLING COMPANY (P-5 328780) in the TOBACCO CREEK (L. MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 66706District 8AField 90261200NGPA filingOilCasinghead gasSaveExport
Value, all time
$621 k
Jan 1993 – Sep 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
129
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1991-03-09
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1991-12-01.

The Commission's schedule remark for this field reads: EFFECTIVE APRIL 11, 1994.

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
OilDisposition37,010 bbl$620,558
Casinghead gasProduction25 Mcf$0
Total$620,558

25 Mcf of this lease's gas, across 25 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 32.8248, -101.7600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.82485, -101.75999 · 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
10,300 ft
1 wells filed one
Completion to plug
12.3 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 10,300 ft.

Completions filed
May 1991
1 of 1 wells
Plug dates filed
Aug 2003
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-11532668110,300 ftMay 1991Aug 2003Yes

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 (129)

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

129 months

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 2000114031.235.15$3,560
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000183029.304.40$5,362
May 20002027.263.68$55
Apr 20000024.513.12$0
Mar 2000182028.422.86$5,172
Feb 20000027.622.73$0
Jan 2000361025.272.48$9,122
Dec 1999362024.282.42$8,789
Nov 1999180023.192.43$4,174
Oct 1999175020.982.80$3,672
Sep 1999370021.752.62$8,048
Aug 1999350019.262.88$6,741
Jul 1999338017.892.37$6,047
Jun 19990015.942.36$0
May 1999334015.792.32$5,274
Apr 1999168015.102.21$2,537
Mar 1999332012.471.84$4,140
Feb 1999009.981.82$0
Jan 1999509010.381.90$5,283
Dec 199833809.201.77$3,110
Nov 1998341010.892.19$3,713
Oct 1998170012.421.97$2,111
Sep 1998171012.592.08$2,153
Aug 1998508011.301.91$5,740
Jul 1998345011.742.24$4,050
Jun 1998175011.242.24$1,967
May 1998522012.622.21$6,588
Apr 1998174013.042.51$2,269
Mar 1998378012.802.31$4,838
Feb 1998184013.952.30$2,567
Jan 1998731014.702.15$10,746
Dec 1997184016.322.41$3,003
Nov 1997186018.193.09$3,383
Oct 1997553019.253.15$10,645
Sep 1997374017.742.95$6,635
Aug 1997190017.862.55$3,393
Jul 1997572017.582.25$10,056
Jun 19970017.242.26$0
May 1997573018.972.31$10,870
Apr 1997187017.882.08$3,344
Mar 1997578018.951.94$10,953
Feb 19970020.492.21$0
Jan 1997384023.483.54$9,016
Dec 1996578023.32$13,479
Nov 1996394021.97$8,656
Oct 1996364023.31$8,485
Sep 1996191022.22$4,244
Aug 1996574020.26$11,629
Jul 1996354019.55$6,921
Jun 1996371018.73$6,949
May 1996524019.43$10,181
Apr 1996178021.51$3,829
Mar 1996370019.38$7,171
Feb 1996368016.98$6,249
Jan 1996357017.07$6,094
Dec 1995525017.19$9,025
Nov 1995373016.00$5,968
Oct 1995734015.43$11,326
Sep 1995379016.18$6,132
Aug 1995480015.92$7,642
Jul 1995714015.24$10,881
Jun 1995382016.41$6,269
May 1995191017.56$3,354
Apr 1995633117.73$11,223
Mar 1995382116.44$6,280
Feb 1995946116.58$15,685
Jan 1995383115.92$6,097
Dec 1994186015.03$2,796
Nov 1994564015.90$8,968
Oct 1994579015.58$9,021
Sep 1994385115.29$5,887
Aug 1994929116.13$14,985
Jul 1994185117.56$3,249
Jun 1994577117.09$9,861
May 19941,058115.88$16,801
Apr 1994192114.14$2,715
Mar 1994570112.46$7,102
Feb 1994567112.50$7,088
Jan 1994570112.66$7,216
Dec 1993763112.33$9,408
Nov 1993572114.49$8,288
Oct 1993571115.85$9,050
Sep 1993571115.03$8,582
Aug 1993559115.66$8,754
Jul 1993760115.46$11,750
Jun 1993570116.79$9,570
May 1993947117.68$16,743
Apr 1993576118.05$10,397
Mar 1993893118.14$16,199
Feb 1993514117.90$9,201
Jan 1993829116.93$14,035

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 2000 — as filed, then multipliedworked
Oil                  114 bbl  × $ 31.23 =     $3,560
Casinghead gas         0 Mcf  × $  5.15 =         $0

────────────────────────────────────────────────────
Month total                                   $3,560

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/66706 is the state's own key, not one this site invented.