MARCOM "12"

Name: MARCOM "12" lease production and value, Jan 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GREAT WESTERN DRILLING COMPANY (P-5 328780) in the LINKER (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68747District 8AField 53759333Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$13.8 M

Jan 2005 – Jun 2016

Value, last 12 filed months

$259 k

at the published price for each month

Months reported

138

no gaps in the span

Streams

oil, casinghead gas

The LINKER (CLEAR FORK) 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 56 leases and 187 wells, and the rule below applies to all of them.

Discovered

1961-04-06

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 field rule took effect on 1992-12-01.

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: “250 BBLS PER WELL. FIELD RULES STILL IN PLACE.”

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	189,203 bbl	$13,466,395
Casinghead gas	Production	59,235 Mcf	$330,690
Total			$13,797,086

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 33.5484, -102.3626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.54838, -102.36262 · 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

0.0%

0 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

7,850 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

00.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

2100.0%

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 7,700 and 8,000 ft, median 7,850 ft, over the 2 wells that filed a depth.

Completions filed

Nov 2004 – May 2016

2 of 2 wells

2 wells


42-21936820	2	7,700 ft	May 2016	—	—
42-21936751	1	8,000 ft	Nov 2004	—	—

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 (138)

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

138 months


Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	1,110	553	27.35	2.36	$31,666
Dec 2015	836	441	32.36	2.00	$27,936
Nov 2015	668	608	38.79	2.17	$27,229
Oct 2015	1,001	457	43.55	2.43	$44,703
Sep 2015	1,000	275	42.99	2.76	$43,749
Aug 2015	998	377	40.16	2.87	$41,163
Jul 2015	858	397	48.15	2.95	$42,482
Jun 2015	673	265	56.15	2.88	$38,553
May 2015	837	491	55.21	2.96	$47,662
Apr 2015	1,000	484	49.82	2.71	$51,130
Mar 2015	986	324	42.89	2.93	$43,240
Feb 2015	510	233	44.66	2.98	$23,470
Jan 2015	997	230	43.43	3.10	$44,013
Dec 2014	668	478	54.69	3.59	$38,250
Nov 2014	1,153	476	70.46	4.25	$83,264
Oct 2014	807	482	78.30	3.90	$65,068
Sep 2014	1,023	393	86.16	4.05	$89,732
Aug 2014	828	393	89.39	4.04	$75,601
Jul 2014	671	362	96.56	4.18	$66,305
Jun 2014	992	416	98.16	4.74	$99,345
May 2014	815	397	94.73	4.73	$79,081
Apr 2014	1,152	376	95.94	4.81	$112,331
Mar 2014	666	404	95.89	5.06	$65,906
Feb 2014	839	409	97.40	6.19	$84,251
Jan 2014	1,007	464	90.40	4.86	$93,288
Dec 2013	988	510	91.82	4.35	$92,939
Nov 2013	1,181	496	88.85	3.74	$106,786
Oct 2013	670	290	97.42	3.78	$66,367
Sep 2013	1,185	361	104.11	3.72	$124,712
Aug 2013	1,003	488	104.25	3.52	$106,282
Jul 2013	989	519	102.52	3.72	$103,322
Jun 2013	831	432	94.40	3.93	$80,146
May 2013	1,324	493	94.83	4.15	$127,600
Apr 2013	1,004	475	93.96	4.28	$96,370
Mar 2013	679	493	93.62	3.91	$65,497
Feb 2013	840	401	91.23	3.42	$78,005
Jan 2013	1,156	436	91.60	3.42	$107,381
Dec 2012	1,181	441	86.77	3.42	$103,984
Nov 2012	507	387	86.95	3.62	$45,487
Oct 2012	851	341	89.38	3.40	$77,222
Sep 2012	1,014	391	94.67	2.92	$97,136
Aug 2012	1,028	371	92.66	2.91	$96,333
Jul 2012	854	340	85.13	3.02	$73,728
Jun 2012	1,010	318	79.82	2.52	$81,419
May 2012	1,012	251	91.61	2.49	$93,334
Apr 2012	1,013	265	101.65	2.00	$103,501
Mar 2012	1,162	201	105.05	2.22	$122,515
Feb 2012	847	176	101.10	2.57	$86,084
Jan 2012	1,024	300	98.09	2.73	$101,264
Dec 2011	1,191	337	96.87	3.24	$116,464
Nov 2011	1,029	312	95.72	3.31	$99,529
Oct 2011	1,039	376	84.98	3.65	$89,666
Sep 2011	853	342	83.62	3.99	$72,691
Aug 2011	1,196	378	83.40	4.15	$101,315
Jul 2011	1,032	435	94.14	4.52	$99,117
Jun 2011	1,031	444	92.90	4.64	$97,840
May 2011	1,038	427	98.13	4.40	$103,740
Apr 2011	1,188	379	105.96	4.33	$127,523
Mar 2011	860	384	96.36	4.06	$84,428
Feb 2011	1,013	325	85.64	4.18	$88,112
Jan 2011	1,116	345	86.50	4.59	$98,117
Dec 2010	1,196	431	85.73	4.35	$104,407
Nov 2010	1,196	418	80.84	3.80	$98,271
Oct 2010	1,014	497	78.10	3.51	$80,937
Sep 2010	1,333	521	72.63	3.98	$98,889
Aug 2010	999	580	73.68	4.42	$76,170
Jul 2010	1,194	568	72.55	4.74	$89,315
Jun 2010	1,210	581	70.36	4.91	$87,989
May 2010	1,156	451	71.12	4.24	$84,125
Apr 2010	1,033	408	81.69	4.12	$86,068
Mar 2010	1,152	398	78.39	4.39	$92,052
Feb 2010	993	501	73.58	5.44	$75,792
Jan 2010	1,193	599	74.36	5.96	$92,284
Dec 2009	1,346	557	71.44	5.48	$99,213
Nov 2009	998	526	74.59	3.75	$76,414
Oct 2009	1,360	616	72.54	4.11	$101,186
Sep 2009	1,187	435	65.54	3.06	$79,129
Aug 2009	1,197	473	67.42	3.22	$82,224
Jul 2009	1,205	429	61.13	3.46	$75,148
Jun 2009	1,204	429	66.16	3.90	$81,328
May 2009	1,373	476	54.74	3.93	$77,027
Apr 2009	1,200	455	46.77	3.59	$57,756
Mar 2009	1,358	442	42.14	4.06	$59,020
Feb 2009	1,200	380	32.81	4.63	$41,133
Jan 2009	1,350	574	35.86	5.37	$51,494
Dec 2008	1,361	619	37.10	5.98	$54,193
Nov 2008	1,362	297	55.49	6.86	$77,615
Oct 2008	1,369	416	75.24	6.92	$105,883
Sep 2008	1,369	304	101.76	7.88	$141,704
Aug 2008	1,373	397	114.22	8.48	$160,192
Jul 2008	1,532	324	131.08	11.39	$204,505
Jun 2008	1,363	344	131.33	13.03	$183,486
May 2008	1,522	526	123.17	11.57	$193,553
Apr 2008	1,547	424	110.31	10.45	$175,082
Mar 2008	1,530	328	101.90	9.66	$159,077
Feb 2008	1,685	365	92.53	8.77	$159,114
Jan 2008	1,704	407	90.38	8.21	$157,347
Dec 2007	1,699	411	88.33	7.30	$153,074
Nov 2007	1,707	411	91.67	7.29	$159,478
Oct 2007	1,714	425	82.85	6.92	$144,947
Sep 2007	1,711	349	75.84	6.24	$131,941
Aug 2007	1,875	512	69.06	6.39	$132,758
Jul 2007	1,889	382	70.90	6.39	$136,370
Jun 2007	1,877	538	62.00	7.55	$120,435
May 2007	2,052	502	58.74	7.85	$124,473
Apr 2007	2,053	592	59.61	7.81	$127,000
Mar 2007	2,376	708	56.92	7.30	$140,412
Feb 2007	2,208	564	55.10	8.22	$126,295
Jan 2007	1,516	188	50.30	6.73	$77,519
Dec 2006	1,501	557	56.65	6.92	$88,885
Nov 2006	1,861	720	54.20	7.62	$106,351
Oct 2006	1,722	634	54.90	6.01	$98,351
Sep 2006	1,878	599	60.08	5.04	$115,848
Aug 2006	2,064	479	68.71	7.34	$145,333
Jul 2006	2,066	742	69.37	6.34	$148,025
Jun 2006	2,045	410	66.28	6.38	$138,160
May 2006	2,044	689	66.01	6.42	$139,351
Apr 2006	2,380	499	64.39	7.36	$156,921
Mar 2006	2,351	495	56.70	7.08	$136,808
Feb 2006	2,355	429	57.59	7.75	$138,950
Jan 2006	2,895	575	60.59	8.93	$180,545
Dec 2005	3,035	575	54.94	13.42	$174,457
Nov 2005	3,596	638	54.69	10.59	$203,421
Oct 2005	3,770	800	58.34	13.80	$230,978
Sep 2005	3,259	883	61.45	12.08	$210,931
Aug 2005	3,925	605	61.51	9.80	$247,354
Jul 2005	2,926	573	55.69	7.84	$167,443
Jun 2005	3,373	553	52.33	7.38	$180,591
May 2005	1,717	354	45.22	6.65	$79,997
Apr 2005	1,226	168	49.20	7.36	$61,556
Mar 2005	3,346	447	50.37	7.15	$171,736
Feb 2005	3,449	462	45.22	6.31	$158,880
Jan 2005	3,344	426	43.16	6.32	$147,020

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.

Jan 2016 — as filed, then multipliedworked

Oil                1,110 bbl  × $ 27.35 =    $30,359
Casinghead gas       553 Mcf  × $  2.36 =     $1,307

────────────────────────────────────────────────────
Month total                                  $31,666

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/68747 is the state's own key, not one this site invented.