JONES ESTATE

Operated by WALSH & WATTS, INC. (P-5 895060) in the RUSSELL (CLEARFORK CONSOLIDATED field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68907District 8AField 79002100Hydrogen sulphide fieldOilSaveExport
Value, all time
$571 k
Nov 2005 – Dec 2016
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
134
no gaps in the span
Streams
1
oil

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 26 leases and 801 wells, and the rule below applies to all of them.

Discovered
2005-10-25
as the register files it
Field class
Oil
the register's own label
Between wells
660 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 2005-10-25.

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: 95% ACRES & 5% WELL.

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
OilDisposition7,805 bbl$570,576
Total$570,576

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 32.8587, -102.9646. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.85866, -102.96462 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,900 ft
1 wells filed one
Completion to plug
39.6 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 7,900 ft.

Completions filed
Apr 1977
1 of 1 wells
Plug dates filed
Nov 2016
1 of 1 wells

Last completion to plug: a median of 39.6 years across the 1 well that filed both dates, with the middle half between 39.6 years and 39.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-165306021CF7,900 ftApr 1977Nov 2016Yes

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 (134)

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

134 months

Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 20166441.553.10$2,659
Aug 2016041.442.92$0
Jul 201617941.622.92$7,450
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 201618533.011.79$6,107
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 201518332.362.00$5,922
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 201518240.162.87$7,309
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 201518255.212.96$10,048
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 201518643.433.10$8,078
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 201417978.303.90$14,016
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 201418098.164.74$17,669
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 201418395.895.06$17,548
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201318588.853.74$16,437
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 2013180102.523.72$18,454
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 201318493.964.28$17,289
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 201318691.603.42$17,038
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 201218694.672.92$17,609
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 201217391.612.49$15,849
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 2012171101.102.57$17,288
Jan 2012098.092.73$0
Dec 201117496.873.24$16,855
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 201117283.404.15$14,345
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 201117198.134.40$16,780
Apr 20110105.964.33$0
Mar 201117296.364.06$16,574
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 201017185.734.35$14,660
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 201017272.633.98$12,492
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 201018171.124.24$12,873
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 201017873.585.44$13,097
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 200917674.593.75$13,128
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 200917167.423.22$11,529
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 200917154.743.93$9,361
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 200918232.814.63$5,971
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 200817555.496.86$9,711
Oct 2008075.246.92$0
Sep 2008187101.767.88$19,029
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 2008170123.1711.57$20,939
Apr 20080110.3110.45$0
Mar 2008169101.909.66$17,221
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 200717088.337.30$15,016
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 200717475.846.24$13,196
Aug 200716969.066.39$11,671
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 200717256.927.30$9,790
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 200615856.656.92$8,951
Nov 200616954.207.62$9,160
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 200617168.717.34$11,749
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 200617264.397.36$11,075
Mar 200617556.707.08$9,923
Feb 200617457.597.75$10,021
Jan 2006060.598.93$0
Dec 200516854.9413.42$9,230
Nov 200517354.6910.59$9,461

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.

Sep 2016 — as filed, then multipliedworked
Oil                   64 bbl  × $ 41.55 =     $2,659

────────────────────────────────────────────────────
Month total                                   $2,659

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/68907 is the state's own key, not one this site invented.