ARGO-JONES

Name: ARGO-JONES lease production and value, Apr 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the RUSSELL, NORTH (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68580District 8AField 79004250Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.9 M

Apr 2003 – May 2022

Value, last 12 filed months

at the published price for each month

Months reported

230

no gaps in the span

Streams

oil, casinghead gas

The RUSSELL, NORTH (DEVONIAN) 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 40 leases and 154 wells, and the rule below applies to all of them.

Discovered

1948-11-10

as the register files it

Field class

Oil

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2007-10-23.

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: “FILED ALONG WITH EACH P-15.”

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	50,514 bbl	$2,856,513
Casinghead gas	Production	20,614 Mcf	$92,648
Total			$2,949,161

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 32.8477, -102.9259. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.84768, -102.92593 · 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

11,146 ft

1 wells filed one

Completion to plug

18.6 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 11,146 ft.

Completions filed

Aug 2003

1 of 1 wells

Plug dates filed

Mar 2022

1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16503264	1	11,146 ft	Aug 2003	Mar 2022	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 (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


May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	23	30.34	1.86	$43
Feb 2020	338	92	49.88	1.98	$17,042
Jan 2020	0	35	57.25	2.09	$73
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	173	0	55.30	2.75	$9,567
Oct 2019	171	102	53.47	2.42	$9,390
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	183	59	53.11	2.30	$9,855
Jul 2019	0	4	56.27	2.46	$10
Jun 2019	0	17	52.78	2.49	$42
May 2019	168	64	58.48	2.74	$10,000
Apr 2019	182	0	62.63	2.75	$11,399
Mar 2019	0	37	56.80	3.06	$113
Feb 2019	170	70	50.85	2.79	$8,840
Jan 2019	186	83	46.03	3.23	$8,830
Dec 2018	171	69	46.59	4.19	$8,256
Nov 2018	170	0	52.93	4.24	$8,998
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	178	0	60.18	3.08	$10,712
May 2018	174	0	65.38	2.90	$11,376
Apr 2018	0	14	63.84	2.90	$41
Mar 2018	169	73	61.22	2.79	$10,550
Feb 2018	184	0	61.78	2.77	$11,368
Jan 2018	174	0	62.87	4.01	$10,939
Dec 2017	168	0	57.27	2.92	$9,621
Nov 2017	0	62	55.42	3.12	$193
Oct 2017	164	78	49.29	2.98	$8,316
Sep 2017	170	80	47.52	3.09	$8,325
Aug 2017	0	74	45.37	3.00	$222
Jul 2017	167	77	43.87	3.09	$7,564
Jun 2017	0	52	42.49	3.09	$161
May 2017	167	87	45.37	3.26	$7,861
Apr 2017	167	57	47.93	3.21	$8,187
Mar 2017	172	0	46.77	2.98	$8,044
Feb 2017	181	74	50.45	2.95	$9,350
Jan 2017	176	99	49.41	3.42	$9,035
Dec 2016	0	119	48.76	3.72	$443
Nov 2016	176	88	42.49	2.64	$7,711
Oct 2016	175	93	46.19	3.09	$8,371
Sep 2016	175	105	41.55	3.10	$7,597
Aug 2016	170	119	41.44	2.92	$7,393
Jul 2016	171	125	41.62	2.92	$7,483
Jun 2016	341	95	45.35	2.69	$15,720
May 2016	0	90	42.52	1.99	$179
Apr 2016	165	90	36.56	1.99	$6,212
Mar 2016	172	93	33.01	1.79	$5,845
Feb 2016	0	87	26.47	2.06	$180
Jan 2016	169	93	27.35	2.36	$4,842
Dec 2015	189	1,143	32.36	2.00	$8,404
Nov 2015	183	1,019	38.79	2.17	$9,307
Oct 2015	180	691	43.55	2.43	$9,516
Sep 2015	0	289	42.99	2.76	$797
Aug 2015	179	173	40.16	2.87	$7,686
Jul 2015	184	101	48.15	2.95	$9,157
Jun 2015	172	76	56.15	2.88	$9,877
May 2015	186	234	55.21	2.96	$10,961
Apr 2015	0	229	49.82	2.71	$620
Mar 2015	361	230	42.89	2.93	$16,158
Feb 2015	0	219	44.66	2.98	$652
Jan 2015	180	226	43.43	3.10	$8,518
Dec 2014	182	220	54.69	3.59	$10,744
Nov 2014	182	210	70.46	4.25	$13,717
Oct 2014	0	178	78.30	3.90	$694
Sep 2014	181	143	86.16	4.05	$16,173
Aug 2014	181	120	89.39	4.04	$16,664
Jul 2014	175	343	96.56	4.18	$18,332
Jun 2014	0	306	98.16	4.74	$1,449
May 2014	365	288	94.73	4.73	$35,938
Apr 2014	0	259	95.94	4.81	$1,246
Mar 2014	361	186	95.89	5.06	$35,557
Feb 2014	180	7	97.40	6.19	$17,575
Jan 2014	0	143	90.40	4.86	$695
Dec 2013	178	109	91.82	4.35	$16,819
Nov 2013	0	145	88.85	3.74	$542
Oct 2013	167	175	97.42	3.78	$16,931
Sep 2013	187	159	104.11	3.72	$20,060
Aug 2013	183	141	104.25	3.52	$19,574
Jul 2013	180	153	102.52	3.72	$19,022
Jun 2013	183	66	94.40	3.93	$17,535
May 2013	0	128	94.83	4.15	$531
Apr 2013	180	57	93.96	4.28	$17,157
Mar 2013	177	51	93.62	3.91	$16,770
Feb 2013	0	54	91.23	3.42	$185
Jan 2013	359	50	91.60	3.42	$33,055
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	182	0	86.95	3.62	$15,825
Oct 2012	182	42	89.38	3.40	$16,410
Sep 2012	175	81	94.67	2.92	$16,804
Aug 2012	190	80	92.66	2.91	$17,838
Jul 2012	177	136	85.13	3.02	$15,479
Jun 2012	186	85	79.82	2.52	$15,061
May 2012	185	82	91.61	2.49	$17,152
Apr 2012	0	85	101.65	2.00	$170
Mar 2012	199	33	105.05	2.22	$20,978
Feb 2012	192	9	101.10	2.57	$19,434
Jan 2012	198	10	98.09	2.73	$19,449
Dec 2011	197	93	96.87	3.24	$19,385
Nov 2011	162	51	95.72	3.31	$15,676
Oct 2011	199	124	84.98	3.65	$17,363
Sep 2011	204	85	83.62	3.99	$17,397
Aug 2011	131	152	83.40	4.15	$11,556
Jul 2011	196	135	94.14	4.52	$19,061
Jun 2011	186	142	92.90	4.64	$17,938
May 2011	198	100	98.13	4.40	$19,870
Apr 2011	199	135	105.96	4.33	$21,671
Mar 2011	199	66	96.36	4.06	$19,443
Feb 2011	0	21	85.64	4.18	$88
Jan 2011	382	0	86.50	4.59	$33,043
Dec 2010	194	0	85.73	4.35	$16,632
Nov 2010	193	0	80.84	3.80	$15,602
Oct 2010	201	0	78.10	3.51	$15,698
Sep 2010	200	0	72.63	3.98	$14,526
Aug 2010	198	0	73.68	4.42	$14,589
Jul 2010	196	0	72.55	4.74	$14,220
Jun 2010	390	0	70.36	4.91	$27,440
May 2010	0	0	71.12	4.24	$0
Apr 2010	199	0	81.69	4.12	$16,256
Mar 2010	360	0	78.39	4.39	$28,220
Feb 2010	0	1	73.58	5.44	$5
Jan 2010	342	137	74.36	5.96	$26,248
Dec 2009	178	0	71.44	5.48	$12,716
Nov 2009	270	1	74.59	3.75	$20,143
Oct 2009	202	47	72.54	4.11	$14,846
Sep 2009	201	115	65.54	3.06	$13,526
Aug 2009	199	188	67.42	3.22	$14,022
Jul 2009	188	116	61.13	3.46	$11,894
Jun 2009	196	148	66.16	3.90	$13,544
May 2009	196	152	54.74	3.93	$11,326
Apr 2009	299	144	46.77	3.59	$14,501
Mar 2009	0	137	42.14	4.06	$556
Feb 2009	199	123	32.81	4.63	$7,099
Jan 2009	198	11	35.86	5.37	$7,159
Dec 2008	187	71	37.10	5.98	$7,362
Nov 2008	419	68	55.49	6.86	$23,717
Oct 2008	116	17	75.24	6.92	$8,846
Sep 2008	192	23	101.76	7.88	$19,719
Aug 2008	196	54	114.22	8.48	$22,845
Jul 2008	390	0	131.08	11.39	$51,121
Jun 2008	179	15	131.33	13.03	$23,704
May 2008	174	46	123.17	11.57	$21,964
Apr 2008	168	6	110.31	10.45	$18,595
Mar 2008	179	19	101.90	9.66	$18,424
Feb 2008	355	19	92.53	8.77	$33,015
Jan 2008	0	7	90.38	8.21	$57
Dec 2007	356	0	88.33	7.30	$31,445
Nov 2007	176	20	91.67	7.29	$16,280
Oct 2007	178	151	82.85	6.92	$15,793
Sep 2007	358	72	75.84	6.24	$27,600
Aug 2007	184	110	69.06	6.39	$13,410
Jul 2007	368	98	70.90	6.39	$26,717
Jun 2007	332	80	62.00	7.55	$21,188
May 2007	0	40	58.74	7.85	$314
Apr 2007	328	64	59.61	7.81	$20,052
Mar 2007	318	71	56.92	7.30	$18,619
Feb 2007	357	70	55.10	8.22	$20,246
Jan 2007	190	86	50.30	6.73	$10,136
Dec 2006	322	81	56.65	6.92	$18,802
Nov 2006	183	80	54.20	7.62	$10,528
Oct 2006	146	108	54.90	6.01	$8,665
Sep 2006	379	36	60.08	5.04	$22,952
Aug 2006	382	78	68.71	7.34	$26,820
Jul 2006	376	123	69.37	6.34	$26,863
Jun 2006	160	112	66.28	6.38	$11,320
May 2006	334	111	66.01	6.42	$22,761
Apr 2006	369	113	64.39	7.36	$24,592
Mar 2006	348	111	56.70	7.08	$20,518
Feb 2006	190	91	57.59	7.75	$11,647
Jan 2006	392	51	60.59	8.93	$24,207
Dec 2005	16	35	54.94	13.42	$1,349
Nov 2005	290	105	54.69	10.59	$16,972
Oct 2005	544	115	58.34	13.80	$33,323
Sep 2005	194	111	61.45	12.08	$13,262
Aug 2005	547	140	61.51	9.80	$35,018
Jul 2005	194	179	55.69	7.84	$12,208
Jun 2005	587	264	52.33	7.38	$32,666
May 2005	567	295	45.22	6.65	$27,602
Apr 2005	717	258	49.20	7.36	$37,175
Mar 2005	0	305	50.37	7.15	$2,182
Feb 2005	363	272	45.22	6.31	$18,132
Jan 2005	542	176	43.16	6.32	$24,505
Dec 2004	368	158	39.86	6.75	$15,735
Nov 2004	544	279	45.28	6.33	$26,399
Oct 2004	400	226	49.70	6.52	$21,352
Sep 2004	540	202	43.24	5.28	$24,417
Aug 2004	517	194	42.37	5.55	$22,982
Jul 2004	542	144	38.28	6.08	$21,624
Jun 2004	254	85	36.10	6.43	$9,716
May 2004	538	79	37.48	6.49	$20,677
Apr 2004	553	0	34.47	5.86	$19,062
Mar 2004	699	54	34.36	5.53	$24,316
Feb 2004	711	121	32.45	5.51	$23,739
Jan 2004	355	229	32.03	6.30	$12,813
Dec 2003	1,061	219	30.26	6.30	$33,486
Nov 2003	705	0	28.80	4.60	$20,304
Oct 2003	1,061	0	28.17	4.76	$29,888
Sep 2003	1,237	0	26.31	4.75	$32,545
Aug 2003	535	0	29.76	5.13	$15,922
Jul 2003	877	0	29.41	5.17	$25,793
Jun 2003	1,242	0	28.56	5.98	$35,472
May 2003	1,422	0	26.59	5.97	$37,811
Apr 2003	2,141	0	26.67	5.41	$57,100

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.

Mar 2020 — as filed, then multipliedworked

Oil                    0 bbl  × $ 30.34 =         $0
Casinghead gas        23 Mcf  × $  1.86 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/68580 is the state's own key, not one this site invented.