HERD PARTNERS

Operated by TRIO CONSULTING & MANAGEMENT,LLC (P-5 870354) in the BOWJACK (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 69023District 8AField 10900500OilSaveExport
Value, all time
$920 k
Oct 2006 – Jul 2009
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
34
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1978-02-12
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition13,133 bbl$919,873
Total$919,873

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 33.0590, -101.3688. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.05905, -101.36879 · 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
8,672 ft
1 wells filed one
Completion to plug
2.4 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 8,672 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
Apr 2009
1 of 1 wells

Last completion to plug: a median of 2.4 years across the 1 well that filed both dates, with the middle half between 2.4 years and 2.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-169338301518,672 ftNov 2006Apr 2009Yes

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 (34)

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

34 months

Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 200920146.773.59$9,401
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 200919135.865.37$6,849
Dec 2008037.105.98$0
Nov 200818855.496.86$10,432
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 2008376131.0811.39$49,286
Jun 2008175131.3313.03$22,983
May 2008173123.1711.57$21,308
Apr 2008127110.3110.45$14,009
Mar 2008541101.909.66$55,128
Feb 200818892.538.77$17,396
Jan 200873790.388.21$66,610
Dec 200717688.337.30$15,546
Nov 200751591.677.29$47,210
Oct 200751982.856.92$42,999
Sep 200768975.846.24$52,254
Aug 200769469.066.39$47,928
Jul 200784070.906.39$59,556
Jun 200752662.007.55$32,612
May 200734858.747.85$20,442
Apr 200786759.617.81$51,682
Mar 200787256.927.30$49,634
Feb 200734855.108.22$19,175
Jan 20071,06450.306.73$53,519
Dec 20061,22556.656.92$69,396
Nov 20061,05954.207.62$57,398
Oct 200649454.906.01$27,121

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 2009 — as filed, then multipliedworked
Oil                  201 bbl  × $ 46.77 =     $9,401

────────────────────────────────────────────────────
Month total                                   $9,401

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/69023 is the state's own key, not one this site invented.