WHITE

Operated by VERADO ENERGY, INC. (P-5 884563) in the HERMLEIGH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68960District 8AField 40716333OilCasinghead gasSaveExport
Value, all time
$3.1 M
Jul 2006 – Sep 2019
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
159
no gaps in the span
Streams
2
oil, casinghead gas

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 61 wells, and the rule below applies to all of them.

Discovered
1953-10-22
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 2006-08-01.

The Commission's schedule remark for this field reads: PSUEDO RULES FOR HORIZONTAL WELLS.

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
OilDisposition35,312 bbl$2,517,843
Casinghead gasProduction115,580 Mcf$576,982
Total$3,094,825

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 32.6908, -100.7214. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.69078, -100.72140 · 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
0.0%
0 of 1 wells
Median depth
7,518 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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.
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 7,518 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-4153352517,518 ftJul 2006Yes

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

Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201915824762.632.75$10,575
Mar 2019173656.803.06$9,845
Feb 20191892250.852.79$9,672
Jan 201918230246.033.23$9,352
Dec 2018148046.594.19$2,056
Nov 201838357552.934.24$22,709
Oct 201818263861.443.40$13,350
Sep 201819348659.543.11$13,002
Aug 2018046859.403.07$1,435
Jul 201818339665.142.93$13,082
Jun 201835729960.183.08$22,404
May 201836276365.382.90$25,881
Apr 2018453563.842.90$1,807
Mar 20180061.222.79$0
Feb 201818639661.782.77$12,586
Jan 20181831,36262.874.01$16,966
Dec 20171057.272.92$57
Nov 2017180055.423.12$9,976
Oct 2017182049.292.98$8,971
Sep 2017180047.523.09$8,554
Aug 201718274845.373.00$10,505
Jul 201718295543.873.09$10,933
Jun 201717978042.493.09$10,014
May 201718346745.373.26$9,827
Apr 201718144147.933.21$10,092
Mar 201718154746.772.98$10,097
Feb 2017043350.452.95$1,278
Jan 201735066249.413.42$19,557
Dec 2016026648.763.72$990
Nov 201618610242.492.64$8,173
Oct 201617830546.193.09$9,164
Sep 201617942341.553.10$8,749
Aug 2016026941.442.92$787
Jul 201617841741.622.92$8,628
Jun 201618321845.352.69$8,885
May 201618131342.521.99$8,319
Apr 2016023936.561.99$476
Mar 20161844333.011.79$6,151
Feb 201618228426.472.06$5,404
Jan 201618116627.352.36$5,343
Dec 201517020432.362.00$5,909
Nov 201517729938.792.17$7,514
Oct 2015039243.552.43$951
Sep 201518143842.992.76$8,989
Aug 201517610340.162.87$7,364
Jul 201518134648.152.95$9,734
Jun 2015040256.152.88$1,159
May 201517942755.212.96$11,145
Apr 201518243649.822.71$10,247
Mar 201518048642.892.93$9,146
Feb 201518248644.662.98$9,575
Jan 2015048643.433.10$1,507
Dec 201419247454.693.59$12,203
Nov 201418130670.464.25$14,054
Oct 201418155878.303.90$16,349
Sep 201417951586.164.05$17,506
Aug 2014053489.394.04$2,155
Jul 201418060596.564.18$19,909
Jun 201417813198.164.74$18,093
May 201417923894.734.73$18,082
Apr 201418255595.944.81$20,130
Mar 2014054095.895.06$2,731
Feb 201418346397.406.19$20,691
Jan 201418156490.404.86$19,104
Dec 201318251291.824.35$18,941
Nov 2013051488.853.74$1,921
Oct 201318057597.423.78$19,709
Sep 2013181550104.113.72$20,889
Aug 2013181488104.253.52$20,588
Jul 20130485102.523.72$1,803
Jun 201317932394.403.93$18,168
May 201318020294.834.15$17,908
Apr 201318220893.964.28$17,992
Mar 201318034193.623.91$18,186
Feb 201318034691.233.42$17,605
Jan 201317843691.603.42$17,796
Dec 2012033486.773.42$1,142
Nov 201217258486.953.62$17,072
Oct 201235983489.383.40$34,923
Sep 201218168294.672.92$19,126
Aug 201217645292.662.91$17,623
Jul 201217451385.133.02$16,362
Jun 2012067479.822.52$1,698
May 201217791191.612.49$18,482
Apr 2012174864101.652.00$19,412
Mar 2012179854105.052.22$20,702
Feb 2012179598101.102.57$19,634
Jan 201218194798.092.73$20,343
Dec 201118486196.873.24$20,614
Nov 201118395495.723.31$20,676
Oct 20111791,13084.983.65$19,334
Sep 20111791,05283.623.99$19,161
Aug 20111771,08283.404.15$19,251
Jul 20111781,13294.144.52$21,870
Jun 201117882592.904.64$20,364
May 20113591,21198.134.40$40,563
Apr 20111791,127105.964.33$23,850
Mar 20111831,30496.364.06$22,925
Feb 20111811,10785.644.18$20,128
Jan 20113611,34086.504.59$37,375
Dec 20101801,87085.734.35$23,562
Nov 20103641,60180.843.80$35,502
Oct 20101781,28178.103.51$18,397
Sep 201018195372.633.98$16,938
Aug 20101801,07173.684.42$17,996
Jul 20103461,42572.554.74$31,852
Jun 20101791,43070.364.91$19,616
May 20101811,50271.124.24$19,234
Apr 20103561,48081.694.12$35,183
Mar 20103571,55378.394.39$34,801
Feb 20103621,35173.585.44$33,989
Jan 20101811,25674.365.96$20,950
Dec 200917897771.445.48$18,074
Nov 200935687374.593.75$29,829
Oct 200918191172.544.11$16,874
Sep 200935486765.543.06$25,858
Aug 200917973767.423.22$14,440
Jul 200917880861.133.46$13,680
Jun 200935662466.163.90$25,983
May 200917953554.743.93$11,899
Apr 200935598546.773.59$20,137
Mar 20091801,00442.144.06$11,660
Feb 200935096232.814.63$15,940
Jan 200935988035.865.37$17,600
Dec 200818298837.105.98$12,658
Nov 200835688855.496.86$25,846
Oct 200835816675.246.92$28,085
Sep 2008180617101.767.88$23,177
Aug 2008356572114.228.48$45,515
Jul 2008366998131.0811.39$59,342
Jun 20081701,049131.3313.03$35,997
May 20085261,154123.1711.57$78,144
Apr 20081801,127110.3110.45$31,638
Mar 20083541,098101.909.66$46,684
Feb 2008359092.538.77$33,218
Jan 200835483590.388.21$38,846
Dec 20075331,16688.337.30$55,594
Nov 20071751,09991.677.29$24,056
Oct 20073551,26682.856.92$38,175
Sep 20073511,22675.846.24$34,275
Aug 20073541,42769.066.39$33,563
Jul 20077041,55870.906.39$59,866
Jun 20071761,66862.007.55$23,503
May 20075041,34458.747.85$40,150
Apr 20073531,26959.617.81$30,947
Mar 20075361,41756.927.30$40,856
Feb 20075281,12355.108.22$38,319
Jan 20073601,20750.306.73$26,227
Dec 20067162,00456.656.92$54,426
Nov 20063551,52454.207.62$30,850
Oct 20066982,92554.906.01$55,911
Sep 20067033,05760.085.04$57,635
Aug 20061,0522,47968.717.34$90,479
Jul 2006819069.376.34$56,814

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 2019 — as filed, then multipliedworked
Oil                  158 bbl  × $ 62.63 =     $9,896
Casinghead gas       247 Mcf  × $  2.75 =       $679

────────────────────────────────────────────────────
Month total                                  $10,575

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/68960 is the state's own key, not one this site invented.