CONRAD UNIT

Operated by FORTSON OIL COMPANY (P-5 278563) in the EMILYE'S SURPRISE (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67273District 8AField 28888475Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$478 k
Jul 1994 – Jan 1996
Value, last 12 filed months
$151 k
at the published price for each month
Months reported
19
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
1994-07-09
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
OilDisposition29,788 bbl$478,360
Casinghead gasProduction11,075 Mcf$0
Total$478,360

11,075 Mcf of this lease's gas, across 16 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 32.5684, -101.1316. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56837, -101.13158 · 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
7,500 ft
1 wells filed one
Completion to plug
16 months
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 7,500 ft.

Completions filed
Jul 1994
1 of 1 wells
Plug dates filed
Nov 1995
1 of 1 wells

Last completion to plug: a median of 16 months across the 1 well that filed both dates, with the middle half between 16 months and 16 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4153328617,500 ftJul 1994Nov 1995Yes

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 (19)

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

19 months

Jan 19960017.07$0
Dec 19950017.19$0
Nov 19952016.00$32
Oct 199584115.43$1,296
Sep 199501116.18$0
Aug 199550413815.92$8,024
Jul 199589442715.24$13,625
Jun 19951,06346216.41$17,444
May 19951,36558717.56$23,969
Apr 19951,48663317.73$26,347
Mar 19952,14997616.44$35,330
Feb 19951,52367816.58$25,251
Jan 19952,12879115.92$33,878
Dec 19942,62297015.03$39,409
Nov 19942,9411,19615.90$46,762
Oct 19943,8381,51715.58$59,796
Sep 19945,7562,36315.29$88,009
Aug 199476532416.13$12,339
Jul 19942,668117.56$46,850

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.

Nov 1995 — as filed, then multipliedworked
Oil                    2 bbl  × $ 16.00 =        $32
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
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/67273 is the state's own key, not one this site invented.