MR. ZIFFEL

Operated by SMITH ENERGY OPERATING COMPANY (P-5 790956) in the MOUND LAKE, E. (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70111District 8AField 63290350OilCasinghead gasSaveExport
Value, all time
$546 k
May 2013 – Oct 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
42
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1983-12-14
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: PER DOCKET #8A-0244154, EFF. 10/25/05, FIELD RULES AMENDED.

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
OilDisposition6,049 bbl$538,515
Casinghead gasProduction1,942 Mcf$7,097
Total$545,612

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 33.2467, -102.0810. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.24673, -102.08097 · 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
11,221 ft
1 wells filed one
Completion to plug
2.8 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 11,221 ft.

Completions filed
May 2013
1 of 1 wells
Plug dates filed
Mar 2016
1 of 1 wells

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-44532364111,221 ftMay 2013Mar 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 (42)

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

42 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015129042.992.76$5,546
Aug 20152134940.162.87$8,695
Jul 201515248.152.95$201
Jun 201505156.152.88$147
May 2015345155.212.96$2,028
Apr 20151955549.822.71$9,864
Mar 201506142.892.93$179
Feb 2015305644.662.98$1,506
Jan 20151026143.433.10$4,619
Dec 20142487554.693.59$13,832
Nov 201402670.464.25$111
Oct 20140878.303.90$31
Sep 20142491086.164.05$21,494
Aug 2014242089.394.04$2,226
Jul 2014226196.564.18$21,827
Jun 20140298.164.74$9
May 2014196494.734.73$18,586
Apr 20142291995.944.81$22,062
Mar 20144354995.895.06$41,960
Feb 20142022497.406.19$19,823
Jan 201491490.404.86$8,246
Dec 20134649591.824.35$43,018
Nov 201340222588.853.74$36,559
Oct 201382643797.423.78$82,121
Sep 201319752104.113.72$20,703
Aug 2013834326104.253.52$88,093
Jul 201342754102.523.72$43,977
Jun 20132954694.403.93$28,029
May 201302994.834.15$120

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 2015 — as filed, then multipliedworked
Oil                  129 bbl  × $ 42.99 =     $5,546
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $5,546

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/70111 is the state's own key, not one this site invented.