K MAN

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) in the WALLACE RANCH,NE. (NOODLE CREEK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 69112District 8AField 94855500OilSaveExport
Value, all time
$360 k
Jul 2007 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
59
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 15 leases and 32 wells, and the rule below applies to all of them.

Discovered
1968-01-30
as the register files it
Field class
Oil
the register's own label
Between wells
933 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 1993-04-05.

The Commission's schedule remark for this field reads: FIELD RULES MADE PERMANENT PER DOC 8A-0201212 EFF 4-5-93

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
OilDisposition4,159 bbl$360,115
Total$360,115

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 33.2144, -100.6325. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.21442, -100.63251 · 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
3,946 ft
1 wells filed one
Completion to plug
4.7 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 3,946 ft.

Completions filed
Jul 2007
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 4.7 years across the 1 well that filed both dates, with the middle half between 4.7 years and 4.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2633176713,946 ftJul 2007Mar 2012Yes

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 (59)

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

59 months

May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 20095072.544.11$3,627
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 20099566.163.90$6,285
May 200910354.743.93$5,638
Apr 2009046.773.59$0
Mar 20099842.144.06$4,130
Feb 2009032.814.63$0
Jan 200910135.865.37$3,622
Dec 20089637.105.98$3,562
Nov 2008055.496.86$0
Oct 200816875.246.92$12,640
Sep 20080101.767.88$0
Aug 200846114.228.48$5,254
Jul 2008224131.0811.39$29,362
Jun 2008116131.3313.03$15,234
May 2008255123.1711.57$31,408
Apr 2008173110.3110.45$19,084
Mar 2008177101.909.66$18,036
Feb 2008092.538.77$0
Jan 200816490.388.21$14,822
Dec 200735788.337.30$31,534
Nov 200736391.677.29$33,276
Oct 200768882.856.92$57,001
Sep 200766175.846.24$50,130
Aug 200722469.066.39$15,469
Jul 2007070.906.39$0

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.

Oct 2009 — as filed, then multipliedworked
Oil                   50 bbl  × $ 72.54 =     $3,627

────────────────────────────────────────────────────
Month total                                   $3,627

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/69112 is the state's own key, not one this site invented.