KEY

Operated by WOODS OPERATING CO., INC. (P-5 939294) in the SPUR, SOUTH (CROTON LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68339District 8AField 85408075Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.3 M
Apr 2001 – Sep 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
66
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 8 leases and 15 wells, and the rule below applies to all of them.

Discovered
2000-11-20
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
OilDisposition88,930 bbl$2,337,748
Casinghead gasProduction206 Mcf$962
Total$2,338,710

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 33.4220, -100.8100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.42198, -100.80997 · 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
100.0%
2 of 2 wells
Median depth
4,905 ft
2 wells filed one
Completion to plug
4.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 4,860 and 4,950 ft, median 4,905 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2001 – Apr 2002
2 of 2 wells
Plug dates filed
Apr 2006
2 of 2 wells

Last completion to plug: a median of 4.5 years across the 2 wells that filed both dates, with the middle half between 4.3 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1253078624,950 ftApr 2002Apr 2006Yes
42-1253074014,860 ftApr 2001Apr 2006Yes

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 (66)

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

66 months

Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005267349.207.36$13,158
Mar 20050350.377.15$21
Feb 2005175345.226.31$7,932
Jan 20050343.166.32$19
Dec 2004170339.866.75$6,796
Nov 2004170345.286.33$7,717
Oct 2004360349.706.52$17,912
Sep 2004361343.245.28$15,625
Aug 2004553342.375.55$23,447
Jul 2004732338.286.08$28,039
Jun 2004720336.106.43$26,011
May 2004931337.486.49$34,913
Apr 2004718334.475.86$24,767
Mar 2004946334.365.53$32,521
Feb 2004915432.455.51$29,714
Jan 2004932432.036.30$29,877
Dec 20031,118430.266.30$33,856
Nov 20031,310428.804.60$37,746
Oct 2003497428.174.76$14,020
Sep 20031,151426.314.75$30,302
Aug 20031,257429.765.13$37,429
Jul 20031,641429.415.17$48,282
Jun 20032,384428.565.98$68,111
May 20032,561426.595.97$68,121
Apr 20032,197426.675.41$58,616
Mar 20032,757431.146.10$85,877
Feb 20033,341433.487.93$111,888
Jan 20033,614430.315.58$109,563
Dec 20024,483426.914.85$120,657
Nov 20024,581424.664.14$112,984
Oct 20023,648426.464.23$96,543
Sep 20022,760427.443.64$75,749
Aug 20022,128425.963.16$55,256
Jul 20022,730424.583.06$67,116
Jun 20022,407423.733.34$57,131
May 20022,693324.663.58$66,420
Apr 20022,598323.653.51$61,453
Mar 20022,955322.003.10$65,019
Feb 20022,388418.222.38$43,519
Jan 20022,746417.172.38$47,158
Dec 20012,631416.932.36$44,552
Nov 20012,722418.072.41$49,196
Oct 20012,535519.782.53$50,155
Sep 20012,453524.262.25$59,521
Aug 20012,412524.873.05$60,002
Jul 20012,7421023.933.20$65,648
Jun 20012,2621024.563.82$55,593
May 20012,0921025.524.31$53,431
Apr 20011,1861024.685.34$29,324

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.

Apr 2005 — as filed, then multipliedworked
Oil                  267 bbl  × $ 49.20 =    $13,136
Casinghead gas         3 Mcf  × $  7.36 =        $22

────────────────────────────────────────────────────
Month total                                  $13,158

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/68339 is the state's own key, not one this site invented.