ACU

Name: ACU lease production and value, Aug 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHEVRON MIDCONTINENT, L.P. (P-5 147862) in the LEVELLAND field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68390District 8AField 53411001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$491 k

Aug 2001 – Oct 2014

Value, last 12 filed months

at the published price for each month

Months reported

159

no gaps in the span

Streams

oil, casinghead gas

The LEVELLAND 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 568 leases and 7,034 wells, and the rule below applies to all of them.

Discovered

1945-01-17

as the register files it

Field class

Oil

the register's own label

Between wells

880 ft

minimum

From a lease line

440 ft

minimum

A drilling unit in this field needs at least 21.25 acres.

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.

The Commission's schedule remark for this field reads: “ASSOCIATED GAS FIELD LEVELLAND (SAN ANDRES)”

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	8,908 bbl	$364,406
Casinghead gas	Production	23,757 Mcf	$126,760
Total			$491,166

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 33.5424, -102.9300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.54243, -102.93000 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

5,020 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 5,020 ft.

Completions filed

Aug 2001

1 of 1 wells

Plug dates filed

Nov 2013

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


42-07933009	20H	5,020 ft	Aug 2001	Nov 2013	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 (159)

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

159 months


Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	17	93.96	4.28	$73
Mar 2013	152	58	93.62	3.91	$14,457
Feb 2013	0	61	91.23	3.42	$209
Jan 2013	0	84	91.60	3.42	$287
Dec 2012	0	70	86.77	3.42	$239
Nov 2012	0	70	86.95	3.62	$254
Oct 2012	0	90	89.38	3.40	$306
Sep 2012	0	86	94.67	2.92	$251
Aug 2012	0	72	92.66	2.91	$209
Jul 2012	82	70	85.13	3.02	$7,192
Jun 2012	0	71	79.82	2.52	$179
May 2012	0	71	91.61	2.49	$177
Apr 2012	0	66	101.65	2.00	$132
Mar 2012	0	69	105.05	2.22	$153
Feb 2012	0	63	101.10	2.57	$162
Jan 2012	126	68	98.09	2.73	$12,545
Dec 2011	0	67	96.87	3.24	$217
Nov 2011	0	69	95.72	3.31	$228
Oct 2011	0	71	84.98	3.65	$259
Sep 2011	0	51	83.62	3.99	$203
Aug 2011	0	56	83.40	4.15	$232
Jul 2011	0	63	94.14	4.52	$285
Jun 2011	169	115	92.90	4.64	$16,234
May 2011	0	87	98.13	4.40	$383
Apr 2011	3	63	105.96	4.33	$591
Mar 2011	0	77	96.36	4.06	$312
Feb 2011	1	73	85.64	4.18	$391
Jan 2011	0	76	86.50	4.59	$349
Dec 2010	0	93	85.73	4.35	$404
Nov 2010	0	19	80.84	3.80	$72
Oct 2010	0	59	78.10	3.51	$207
Sep 2010	142	82	72.63	3.98	$10,640
Aug 2010	0	121	73.68	4.42	$535
Jul 2010	0	174	72.55	4.74	$824
Jun 2010	0	182	70.36	4.91	$894
May 2010	0	150	71.12	4.24	$635
Apr 2010	0	122	81.69	4.12	$503
Mar 2010	0	142	78.39	4.39	$623
Feb 2010	171	171	73.58	5.44	$13,513
Jan 2010	0	114	74.36	5.96	$680
Dec 2009	0	109	71.44	5.48	$598
Nov 2009	0	99	74.59	3.75	$371
Oct 2009	0	102	72.54	4.11	$419
Sep 2009	0	97	65.54	3.06	$297
Aug 2009	0	111	67.42	3.22	$357
Jul 2009	176	106	61.13	3.46	$11,126
Jun 2009	0	99	66.16	3.90	$386
May 2009	0	98	54.74	3.93	$385
Apr 2009	0	107	46.77	3.59	$384
Mar 2009	0	122	42.14	4.06	$495
Feb 2009	0	128	32.81	4.63	$593
Jan 2009	0	69	35.86	5.37	$371
Dec 2008	172	103	37.10	5.98	$6,997
Nov 2008	0	100	55.49	6.86	$686
Oct 2008	0	109	75.24	6.92	$755
Sep 2008	0	110	101.76	7.88	$866
Aug 2008	0	163	114.22	8.48	$1,383
Jul 2008	0	196	131.08	11.39	$2,232
Jun 2008	171	155	131.33	13.03	$24,477
May 2008	0	115	123.17	11.57	$1,331
Apr 2008	0	107	110.31	10.45	$1,119
Mar 2008	0	109	101.90	9.66	$1,053
Feb 2008	0	94	92.53	8.77	$824
Jan 2008	0	98	90.38	8.21	$804
Dec 2007	172	100	88.33	7.30	$15,923
Nov 2007	0	95	91.67	7.29	$693
Oct 2007	0	105	82.85	6.92	$727
Sep 2007	0	101	75.84	6.24	$631
Aug 2007	0	83	69.06	6.39	$530
Jul 2007	171	107	70.90	6.39	$12,807
Jun 2007	0	103	62.00	7.55	$777
May 2007	0	108	58.74	7.85	$847
Apr 2007	0	104	59.61	7.81	$812
Mar 2007	0	105	56.92	7.30	$767
Feb 2007	157	105	55.10	8.22	$9,513
Jan 2007	0	131	50.30	6.73	$881
Dec 2006	0	82	56.65	6.92	$567
Nov 2006	0	112	54.20	7.62	$853
Oct 2006	165	116	54.90	6.01	$9,756
Sep 2006	0	114	60.08	5.04	$574
Aug 2006	0	108	68.71	7.34	$793
Jul 2006	173	120	69.37	6.34	$12,762
Jun 2006	0	104	66.28	6.38	$664
May 2006	0	129	66.01	6.42	$829
Apr 2006	0	126	64.39	7.36	$927
Mar 2006	176	140	56.70	7.08	$10,971
Feb 2006	0	123	57.59	7.75	$953
Jan 2006	0	135	60.59	8.93	$1,206
Dec 2005	178	135	54.94	13.42	$11,590
Nov 2005	0	135	54.69	10.59	$1,429
Oct 2005	0	152	58.34	13.80	$2,097
Sep 2005	0	155	61.45	12.08	$1,872
Aug 2005	159	167	61.51	9.80	$11,416
Jul 2005	0	169	55.69	7.84	$1,326
Jun 2005	0	150	52.33	7.38	$1,107
May 2005	0	172	45.22	6.65	$1,144
Apr 2005	176	146	49.20	7.36	$9,734
Mar 2005	0	152	50.37	7.15	$1,088
Feb 2005	0	130	45.22	6.31	$821
Jan 2005	176	174	43.16	6.32	$8,696
Dec 2004	0	241	39.86	6.75	$1,627
Nov 2004	0	185	45.28	6.33	$1,171
Oct 2004	176	193	49.70	6.52	$10,005
Sep 2004	0	164	43.24	5.28	$867
Aug 2004	0	199	42.37	5.55	$1,105
Jul 2004	178	210	38.28	6.08	$8,092
Jun 2004	0	205	36.10	6.43	$1,319
May 2004	0	210	37.48	6.49	$1,364
Apr 2004	175	207	34.47	5.86	$7,245
Mar 2004	0	217	34.36	5.53	$1,200
Feb 2004	0	228	32.45	5.51	$1,256
Jan 2004	178	234	32.03	6.30	$7,175
Dec 2003	0	233	30.26	6.30	$1,468
Nov 2003	183	227	28.80	4.60	$6,314
Oct 2003	179	247	28.17	4.76	$6,218
Sep 2003	0	365	26.31	4.75	$1,734
Aug 2003	178	474	29.76	5.13	$7,729
Jul 2003	0	293	29.41	5.17	$1,515
Jun 2003	0	274	28.56	5.98	$1,639
May 2003	180	292	26.59	5.97	$6,530
Apr 2003	0	285	26.67	5.41	$1,541
Mar 2003	176	295	31.14	6.10	$7,279
Feb 2003	178	295	33.48	7.93	$8,298
Jan 2003	178	475	30.31	5.58	$8,047
Dec 2002	177	550	26.91	4.85	$7,433
Nov 2002	1	404	24.66	4.14	$1,696
Oct 2002	179	436	26.46	4.23	$6,580
Sep 2002	184	411	27.44	3.64	$6,543
Aug 2002	190	0	25.96	3.16	$4,932
Jul 2002	185	565	24.58	3.06	$6,277
Jun 2002	192	513	23.73	3.34	$6,269
May 2002	182	526	24.66	3.58	$6,373
Apr 2002	176	547	23.65	3.51	$6,084
Mar 2002	190	655	22.00	3.10	$6,212
Feb 2002	372	0	18.22	2.38	$6,778
Jan 2002	186	0	17.17	2.38	$3,194
Dec 2001	370	699	16.93	2.36	$7,917
Nov 2001	509	0	18.07	2.41	$9,198
Oct 2001	245	0	19.78	2.53	$4,846
Sep 2001	543	571	24.26	2.25	$14,459
Aug 2001	0	1,050	24.87	3.05	$3,206

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 2013 — as filed, then multipliedworked

Oil                    0 bbl  × $ 93.96 =         $0
Casinghead gas        17 Mcf  × $  4.28 =        $73

────────────────────────────────────────────────────
Month total                                      $73

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/68390 is the state's own key, not one this site invented.