4 C STEPHENS

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 70134District 8AField 40716333OilCasinghead gasSaveExport
Value, all time
$1.0 M
Aug 2013 – Sep 2019
Value, last 12 filed months
$162 k
at the published price for each month
Months reported
74
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
OilDisposition13,972 bbl$937,149
Casinghead gasProduction32,183 Mcf$111,817
Total$1,048,966

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 32.6933, -100.7117. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.69329, -100.71171 · 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
7,380 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 7,380 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-4153488327,380 ftAug 2013Yes

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 (74)

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

74 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 2019770062.632.75$48,225
Mar 2019548056.803.06$31,126
Feb 2019556050.852.79$28,273
Jan 201974521646.033.23$34,990
Dec 201837424246.594.19$18,438
Nov 201803052.934.24$127
Oct 2018016261.443.40$550
Sep 201837041959.543.11$23,332
Aug 2018021559.403.07$659
Jul 2018012465.142.93$364
Jun 201818623060.183.08$11,901
May 2018029365.382.90$850
Apr 201818433863.842.90$12,727
Mar 201819022261.222.79$12,250
Feb 201818627861.782.77$12,260
Jan 2018129362.874.01$1,238
Dec 201718827457.272.92$11,567
Nov 201718822855.423.12$11,130
Oct 201718827449.292.98$10,084
Sep 2017019147.523.09$590
Aug 201717326945.373.00$8,657
Jul 201718431043.873.09$9,029
Jun 2017038642.493.09$1,192
May 201718549245.373.26$9,999
Apr 201718730347.933.21$9,936
Mar 201718646046.772.98$10,072
Feb 201716738550.452.95$9,562
Jan 2017011549.413.42$393
Dec 201626512148.763.72$13,372
Nov 201613612142.492.64$6,099
Oct 201614043446.193.09$7,808
Sep 20167256441.553.10$4,740
Aug 201613953441.442.92$7,322
Jul 20167170141.622.92$5,005
Jun 20167176745.352.69$5,280
May 20164777242.521.99$3,536
Apr 20164879836.561.99$3,344
Mar 201610182733.011.79$4,818
Feb 201648026.472.06$1,271
Jan 20167345827.352.36$3,079
Dec 20157450032.362.00$3,395
Nov 20159759138.792.17$5,044
Oct 20155160543.552.43$3,689
Sep 20159756342.992.76$5,723
Aug 20157362240.162.87$4,718
Jul 20159321048.152.95$5,096
Jun 201573056.152.88$4,099
May 201512248355.212.96$8,163
Apr 201513639849.822.71$7,853
Mar 201520836542.892.93$9,992
Feb 201513936544.662.98$7,294
Jan 201520939443.433.10$10,299
Dec 201420780654.693.59$14,215
Nov 201424091870.464.25$20,814
Oct 201427984778.303.90$25,150
Sep 20142741,03986.164.05$27,811
Aug 201434199189.394.04$34,481
Jul 20143511,08896.564.18$38,440
Jun 20143571,18298.164.74$40,642
May 20143691,36294.734.73$41,393
Apr 20143751,18095.944.81$41,652
Mar 20143881,18195.895.06$43,177
Feb 201412025097.406.19$13,236
Jan 201436961990.404.86$36,366
Dec 201332054491.824.35$31,751
Nov 201339372088.853.74$37,610
Oct 201362081497.423.78$63,477
Sep 2013630700104.113.72$68,192
Aug 201300104.253.52$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.

Apr 2019 — as filed, then multipliedworked
Oil                  770 bbl  × $ 62.63 =    $48,225
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                  $48,225

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/70134 is the state's own key, not one this site invented.