CONNELL "B"

Operated by SPI OPERATIONS LLC (P-5 809680) in the POLAR, NE. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 66886District 8AField 72215500OilCasinghead gasSaveExport
Value, all time
$324 k
Jan 1993 – Feb 2012
Value, last 12 filed months
$680
at the published price for each month
Months reported
230
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1960-01-14
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

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
OilDisposition13,478 bbl$324,447
Casinghead gasProduction691 Mcf$0
Total$324,447

691 Mcf of this lease's gas, across 21 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 33.0960, -101.0363. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09599, -101.03629 · 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
7,841 ft
1 wells filed one
Completion to plug
19.3 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 7,841 ft.

Completions filed
Jun 1992
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2633096067,841 ftJun 1992Oct 2011Yes

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 (230)

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

230 months

Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20118084.983.65$680
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 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007122075.846.24$9,252
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006189060.085.04$11,355
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006184066.286.38$12,196
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006177056.707.08$10,036
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005152054.9413.42$8,351
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005145061.4512.08$8,910
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005122052.337.38$6,384
May 20050045.226.65$0
Apr 2005152049.207.36$7,478
Mar 20050050.377.15$0
Feb 2005124045.226.31$5,607
Jan 200560043.166.32$2,590
Dec 20040039.866.75$0
Nov 2004103045.286.33$4,664
Oct 20040049.706.52$0
Sep 200470043.245.28$3,027
Aug 2004117042.375.55$4,957
Jul 200450038.286.08$1,914
Jun 20040036.106.43$0
May 2004152037.486.49$5,697
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004181032.455.51$5,873
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003182028.804.60$5,242
Oct 20030028.174.76$0
Sep 2003179026.314.75$4,709
Aug 20030029.765.13$0
Jul 2003181029.415.17$5,323
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200360026.675.41$1,600
Mar 20030031.146.10$0
Feb 200390033.487.93$3,013
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 200258024.664.14$1,430
Oct 20020026.464.23$0
Sep 200271027.443.64$1,948
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200288023.733.34$2,088
May 20020024.663.58$0
Apr 200270023.653.51$1,656
Mar 20020022.003.10$0
Feb 200272018.222.38$1,312
Jan 200272017.172.38$1,236
Dec 200172016.932.36$1,219
Nov 200172018.072.41$1,301
Oct 200171019.782.53$1,404
Sep 200171024.262.25$1,722
Aug 200171024.873.05$1,766
Jul 200171023.933.20$1,699
Jun 20010024.563.82$0
May 200172025.524.31$1,837
Apr 200171024.685.34$1,752
Mar 200172024.545.38$1,767
Feb 2001119027.755.77$3,302
Jan 20010027.478.40$0
Dec 200074026.889.12$1,989
Nov 200072032.215.66$2,319
Oct 200056031.235.15$1,749
Sep 200058031.875.19$1,848
Aug 200072029.644.54$2,134
Jul 200072028.534.09$2,054
Jun 200089029.304.40$2,608
May 200072027.263.68$1,963
Apr 200059024.513.12$1,446
Mar 200072028.422.86$2,046
Feb 200070027.622.73$1,933
Jan 200072025.272.48$1,819
Dec 1999180024.282.42$4,370
Nov 19990023.192.43$0
Oct 199972020.982.80$1,511
Sep 199959021.752.62$1,283
Aug 199988019.262.88$1,695
Jul 199971017.892.37$1,270
Jun 199970015.942.36$1,116
May 199977015.792.32$1,216
Apr 1999118015.102.21$1,782
Mar 19990012.471.84$0
Feb 199911809.981.82$1,178
Jan 199977010.381.90$799
Dec 19987609.201.77$699
Nov 199859010.892.19$643
Oct 199878012.421.97$969
Sep 199876012.592.08$957
Aug 199858011.301.91$655
Jul 1998118011.742.24$1,385
Jun 1998135011.242.24$1,517
May 19980012.622.21$0
Apr 1998154013.042.51$2,008
Mar 19980012.802.31$0
Feb 199877013.952.30$1,074
Jan 1998178014.702.15$2,617
Dec 19970016.322.41$0
Nov 1997154018.193.09$2,801
Oct 1997153019.253.15$2,945
Sep 19970017.742.95$0
Aug 1997136017.862.55$2,429
Jul 19970017.582.25$0
Jun 1997134017.242.26$2,310
May 1997115018.972.31$2,182
Apr 19970017.882.08$0
Mar 1997154018.951.94$2,918
Feb 19970020.492.21$0
Jan 1997150023.483.54$3,522
Dec 199677023.32$1,796
Nov 1996151021.97$3,317
Oct 19960023.31$0
Sep 1996135022.22$3,000
Aug 1996134020.26$2,715
Jul 19960019.55$0
Jun 1996173018.73$3,240
May 1996206019.43$4,003
Apr 19960021.51$0
Mar 1996124019.38$2,403
Feb 19960016.98$0
Jan 1996152017.07$2,595
Dec 1995198017.19$3,404
Nov 19950016.00$0
Oct 1995236015.43$3,641
Sep 19950016.18$0
Aug 1995142015.92$2,261
Jul 1995201015.24$3,063
Jun 19950016.41$0
May 1995163017.56$2,862
Apr 1995202017.73$3,581
Mar 19950016.44$0
Feb 1995130016.58$2,155
Jan 1995105015.92$1,672
Dec 1994147015.03$2,209
Nov 1994165015.90$2,624
Oct 1994162015.58$2,524
Sep 19940115.29$0
Aug 1994149116.13$2,403
Jul 1994228117.56$4,004
Jun 1994145317.09$2,478
May 1994246115.88$3,906
Apr 199402814.14$0
Mar 1994942012.46$1,171
Feb 1994854612.50$1,063
Jan 1994835612.66$1,051
Dec 19932188312.33$2,688
Nov 1993485114.49$696
Oct 19931164715.85$1,839
Sep 19931123115.03$1,683
Aug 19931794715.66$2,803
Jul 1993982615.46$1,515
Jun 19931142216.79$1,914
May 19931492317.68$2,634
Apr 19931803318.05$3,249
Mar 19931667718.14$3,011
Feb 19931555817.90$2,775
Jan 19931443616.93$2,438

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 2011 — as filed, then multipliedworked
Oil                    8 bbl  × $ 84.98 =       $680
Casinghead gas         0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                     $680

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/66886 is the state's own key, not one this site invented.