YOUNG, KENNETH

Name: YOUNG, KENNETH lease production and value, Jun 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RAW OIL & GAS, INC. (P-5 694863) in the ADAIR, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67845District 8AField 00574475Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.5 M

Jun 1997 – Jun 2002

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The ADAIR, S. (WOLFCAMP) field

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 3 leases and 5 wells, and the rule below applies to all of them.

Discovered

1997-05-02

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1999-02-09.

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.

Stream	Basis	Volume	Value
Oil	Disposition	98,241 bbl	$1,407,716
Casinghead gas	Production	22,092 Mcf	$49,401
Total			$1,457,117

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 32.9353, -102.2954. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.93531, -102.29539 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,753 ft

2 wells filed one

Completion to plug

4.5 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 8,720 and 8,785 ft, median 8,753 ft, over the 2 wells that filed a depth.

Completions filed

Nov 1997 – Aug 2018

2 of 2 wells

Plug dates filed

May 2002

1 of 2 wells; 1 filed none

Last completion to plug: a median of 4.5 years across the 1 well that filed both dates, with the middle half between 4.5 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-16535182	1	8,720 ft	Aug 2018	—	Yes
42-16535284	2	8,785 ft	Nov 1997	May 2002	Yes

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 (61)

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

61 months


Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	51	0	23.93	3.20	$1,220
Jun 2001	47	0	24.56	3.82	$1,154
May 2001	63	0	25.52	4.31	$1,608
Apr 2001	81	0	24.68	5.34	$1,999
Mar 2001	64	0	24.54	5.38	$1,571
Feb 2001	43	0	27.75	5.77	$1,193
Jan 2001	173	0	27.47	8.40	$4,752
Dec 2000	47	0	26.88	9.12	$1,263
Nov 2000	139	0	32.21	5.66	$4,477
Oct 2000	151	0	31.23	5.15	$4,716
Sep 2000	211	0	31.87	5.19	$6,725
Aug 2000	222	0	29.64	4.54	$6,580
Jul 2000	248	0	28.53	4.09	$7,075
Jun 2000	231	0	29.30	4.40	$6,768
May 2000	261	0	27.26	3.68	$7,115
Apr 2000	154	0	24.51	3.12	$3,775
Mar 2000	361	0	28.42	2.86	$10,260
Feb 2000	268	6	27.62	2.73	$7,419
Jan 2000	519	10	25.27	2.48	$13,140
Dec 1999	549	40	24.28	2.42	$13,427
Nov 1999	671	87	23.19	2.43	$15,772
Oct 1999	791	202	20.98	2.80	$17,162
Sep 1999	1,044	231	21.75	2.62	$23,312
Aug 1999	1,220	214	19.26	2.88	$24,113
Jul 1999	1,397	215	17.89	2.37	$25,502
Jun 1999	1,612	397	15.94	2.36	$26,633
May 1999	1,556	361	15.79	2.32	$25,407
Apr 1999	1,769	415	15.10	2.21	$27,628
Mar 1999	1,846	422	12.47	1.84	$23,795
Feb 1999	1,822	390	9.98	1.82	$18,893
Jan 1999	1,950	497	10.38	1.90	$21,185
Dec 1998	2,152	571	9.20	1.77	$20,811
Nov 1998	3,209	963	10.89	2.19	$37,051
Oct 1998	3,977	1,137	12.42	1.97	$51,633
Sep 1998	4,313	1,147	12.59	2.08	$56,689
Aug 1998	5,104	1,536	11.30	1.91	$60,605
Jul 1998	5,251	1,527	11.74	2.24	$65,063
Jun 1998	6,498	1,791	11.24	2.24	$77,044
May 1998	7,041	1,921	12.62	2.21	$93,096
Apr 1998	6,950	1,771	13.04	2.51	$95,065
Mar 1998	8,060	1,200	12.80	2.31	$105,939
Feb 1998	2,935	753	13.95	2.30	$42,674
Jan 1998	5,941	1,612	14.70	2.15	$90,806
Dec 1997	7,727	1,700	16.32	2.41	$130,204
Nov 1997	5,013	513	18.19	3.09	$92,771
Oct 1997	725	72	19.25	3.15	$14,183
Sep 1997	1,225	119	17.74	2.95	$22,083
Aug 1997	537	32	17.86	2.55	$9,673
Jul 1997	2,022	136	17.58	2.25	$35,852
Jun 1997	0	104	17.24	2.26	$235

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.

Jul 2001 — as filed, then multipliedworked

Oil                   51 bbl  × $ 23.93 =     $1,220
Casinghead gas         0 Mcf  × $  3.20 =         $0

────────────────────────────────────────────────────
Month total                                   $1,220

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/67845 is the state's own key, not one this site invented.