STEELE

Name: STEELE lease production and value, Jun 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GUNN OIL COMPANY (P-5 339493) in the DOCKUM CREEK (TANNEHILL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68679District 8AField 25091150OilCasinghead gasSave Export

Value, all time

$3.4 M

Jun 2004 – Dec 2020

Value, last 12 filed months

at the published price for each month

Months reported

199

no gaps in the span

Streams

oil, casinghead gas

The DOCKUM CREEK (TANNEHILL) 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 6 leases and 8 wells, and the rule below applies to all of them.

Discovered

1991-08-24

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 40 acres. The field rule took effect on 1993-05-24.

The Commission's schedule remark for this field reads: “FLD RULE ALLOCATION UPON TERMINATION OF NPX.”

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	46,802 bbl	$3,325,409
Casinghead gas	Production	11,762 Mcf	$78,620
Total			$3,404,029

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 33.5038, -100.8673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.50382, -100.86733 · 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

100.0%

2 of 2 wells

Median depth

5,065 ft

2 wells filed one

Completion to plug

15.8 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 5,030 and 5,100 ft, median 5,065 ft, over the 2 wells that filed a depth.

Completions filed

Jun 2004 – Jul 2005

2 of 2 wells

Plug dates filed

Sep 2020 – Oct 2020

2 of 2 wells

Last completion to plug: a median of 15.8 years across the 2 wells that filed both dates, with the middle half between 15.5 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-12530458	2	5,030 ft	Jul 2005	Oct 2020	Yes
42-12530926	1	5,100 ft	Jun 2004	Sep 2020	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 (199)

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

199 months


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	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
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	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	305	0	45.37	3.00	$13,838
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	1	0	42.49	3.09	$42
May 2017	3	0	45.37	3.26	$136
Apr 2017	181	0	47.93	3.21	$8,675
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	170	0	49.41	3.42	$8,400
Dec 2016	1	0	48.76	3.72	$49
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	179	0	46.19	3.09	$8,268
Sep 2016	3	0	41.55	3.10	$125
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	179	0	41.62	2.92	$7,450
Jun 2016	3	0	45.35	2.69	$136
May 2016	183	0	42.52	1.99	$7,781
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	4	0	26.47	2.06	$106
Jan 2016	185	0	27.35	2.36	$5,060
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	194	0	38.79	2.17	$7,525
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	182	0	42.99	2.76	$7,824
Aug 2015	187	0	40.16	2.87	$7,510
Jul 2015	3	0	48.15	2.95	$144
Jun 2015	157	0	56.15	2.88	$8,816
May 2015	188	0	55.21	2.96	$10,379
Apr 2015	186	0	49.82	2.71	$9,267
Mar 2015	191	0	42.89	2.93	$8,192
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	187	0	43.43	3.10	$8,121
Dec 2014	190	0	54.69	3.59	$10,391
Nov 2014	192	0	70.46	4.25	$13,528
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	187	0	86.16	4.05	$16,112
Aug 2014	183	0	89.39	4.04	$16,358
Jul 2014	177	0	96.56	4.18	$17,091
Jun 2014	358	0	98.16	4.74	$35,141
May 2014	179	0	94.73	4.73	$16,957
Apr 2014	167	0	95.94	4.81	$16,022
Mar 2014	186	0	95.89	5.06	$17,836
Feb 2014	189	0	97.40	6.19	$18,409
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	191	0	91.82	4.35	$17,538
Nov 2013	185	0	88.85	3.74	$16,437
Oct 2013	179	0	97.42	3.78	$17,438
Sep 2013	368	0	104.11	3.72	$38,312
Aug 2013	187	0	104.25	3.52	$19,495
Jul 2013	187	0	102.52	3.72	$19,171
Jun 2013	187	0	94.40	3.93	$17,653
May 2013	376	0	94.83	4.15	$35,656
Apr 2013	189	0	93.96	4.28	$17,758
Mar 2013	189	0	93.62	3.91	$17,694
Feb 2013	186	0	91.23	3.42	$16,969
Jan 2013	380	0	91.60	3.42	$34,808
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	380	0	86.95	3.62	$33,041
Oct 2012	189	0	89.38	3.40	$16,893
Sep 2012	373	0	94.67	2.92	$35,312
Aug 2012	186	0	92.66	2.91	$17,235
Jul 2012	374	0	85.13	3.02	$31,839
Jun 2012	236	0	79.82	2.52	$18,838
May 2012	375	0	91.61	2.49	$34,354
Apr 2012	187	0	101.65	2.00	$19,009
Mar 2012	376	0	105.05	2.22	$39,499
Feb 2012	379	0	101.10	2.57	$38,317
Jan 2012	189	0	98.09	2.73	$18,539
Dec 2011	379	0	96.87	3.24	$36,714
Nov 2011	372	0	95.72	3.31	$35,608
Oct 2011	188	0	84.98	3.65	$15,976
Sep 2011	557	0	83.62	3.99	$46,576
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	363	0	94.14	4.52	$34,173
Jun 2011	374	0	92.90	4.64	$34,745
May 2011	187	0	98.13	4.40	$18,350
Apr 2011	377	150	105.96	4.33	$40,597
Mar 2011	378	155	96.36	4.06	$37,053
Feb 2011	377	140	85.64	4.18	$32,871
Jan 2011	378	155	86.50	4.59	$33,408
Dec 2010	190	100	85.73	4.35	$16,723
Nov 2010	189	140	80.84	3.80	$15,810
Oct 2010	374	150	78.10	3.51	$29,736
Sep 2010	561	150	72.63	3.98	$41,342
Aug 2010	185	120	73.68	4.42	$14,161
Jul 2010	373	105	72.55	4.74	$27,558
Jun 2010	185	145	70.36	4.91	$13,729
May 2010	376	115	71.12	4.24	$27,228
Apr 2010	188	80	81.69	4.12	$15,688
Mar 2010	364	155	78.39	4.39	$29,214
Feb 2010	187	140	73.58	5.44	$14,521
Jan 2010	379	120	74.36	5.96	$28,898
Dec 2009	190	155	71.44	5.48	$14,424
Nov 2009	373	150	74.59	3.75	$28,385
Oct 2009	379	155	72.54	4.11	$28,130
Sep 2009	184	150	65.54	3.06	$12,519
Aug 2009	373	105	67.42	3.22	$25,486
Jul 2009	188	35	61.13	3.46	$11,614
Jun 2009	375	145	66.16	3.90	$25,375
May 2009	286	155	54.74	3.93	$16,264
Apr 2009	186	150	46.77	3.59	$9,237
Mar 2009	378	155	42.14	4.06	$16,558
Feb 2009	187	140	32.81	4.63	$6,784
Jan 2009	375	155	35.86	5.37	$14,280
Dec 2008	380	130	37.10	5.98	$14,875
Nov 2008	184	50	55.49	6.86	$10,553
Oct 2008	185	155	75.24	6.92	$14,992
Sep 2008	188	150	101.76	7.88	$20,312
Aug 2008	365	155	114.22	8.48	$43,005
Jul 2008	189	155	131.08	11.39	$26,539
Jun 2008	375	150	131.33	13.03	$51,204
May 2008	379	155	123.17	11.57	$48,475
Apr 2008	183	150	110.31	10.45	$21,755
Mar 2008	380	155	101.90	9.66	$40,220
Feb 2008	372	145	92.53	8.77	$35,693
Jan 2008	382	155	90.38	8.21	$35,797
Dec 2007	357	145	88.33	7.30	$32,593
Nov 2007	368	90	91.67	7.29	$34,391
Oct 2007	744	140	82.85	6.92	$62,609
Sep 2007	191	130	75.84	6.24	$15,297
Aug 2007	758	155	69.06	6.39	$53,338
Jul 2007	549	155	70.90	6.39	$39,914
Jun 2007	922	150	62.00	7.55	$58,296
May 2007	378	155	58.74	7.85	$23,420
Apr 2007	373	150	59.61	7.81	$23,405
Mar 2007	366	155	56.92	7.30	$21,965
Feb 2007	361	140	55.10	8.22	$21,041
Jan 2007	381	155	50.30	6.73	$20,207
Dec 2006	364	155	56.65	6.92	$21,693
Nov 2006	384	150	54.20	7.62	$21,955
Oct 2006	339	120	54.90	6.01	$19,333
Sep 2006	566	150	60.08	5.04	$34,761
Aug 2006	377	150	68.71	7.34	$27,005
Jul 2006	756	155	69.37	6.34	$53,427
Jun 2006	744	145	66.28	6.38	$50,238
May 2006	741	150	66.01	6.42	$49,877
Apr 2006	931	145	64.39	7.36	$61,014
Mar 2006	1,129	155	56.70	7.08	$65,112
Feb 2006	915	135	57.59	7.75	$53,741
Jan 2006	940	155	60.59	8.93	$58,339
Dec 2005	940	155	54.94	13.42	$53,723
Nov 2005	739	150	54.69	10.59	$42,004
Oct 2005	378	100	58.34	13.80	$23,432
Sep 2005	378	150	61.45	12.08	$25,040
Aug 2005	376	133	61.51	9.80	$24,431
Jul 2005	362	154	55.69	7.84	$21,368
Jun 2005	186	150	52.33	7.38	$10,841
May 2005	375	155	45.22	6.65	$17,988
Apr 2005	371	150	49.20	7.36	$19,357
Mar 2005	379	155	50.37	7.15	$20,199
Feb 2005	174	140	45.22	6.31	$8,752
Jan 2005	570	155	43.16	6.32	$25,581
Dec 2004	380	155	39.86	6.75	$16,193
Nov 2004	0	150	45.28	6.33	$950
Oct 2004	360	155	49.70	6.52	$18,902
Sep 2004	352	150	43.24	5.28	$16,013
Aug 2004	375	155	42.37	5.55	$16,749
Jul 2004	363	155	38.28	6.08	$14,839
Jun 2004	365	135	36.10	6.43	$14,045

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.

Aug 2017 — as filed, then multipliedworked

Oil                  305 bbl  × $ 45.37 =    $13,838
Casinghead gas         0 Mcf  × $  3.00 =         $0

────────────────────────────────────────────────────
Month total                                  $13,838

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/68679 is the state's own key, not one this site invented.