BOSTON INDUSTRIES CORP.

Operated by U. D. MAN, INC. (P-5 875300) in the SOMERSET field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10755District 01Field 84560001OilCasinghead gasSaveExport
Value, all time
$61 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
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 1,033 leases and 5,137 wells, and the rule below applies to all of them.

Discovered
1911-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2.05 acres. The field rule took effect on 1986-02-01.

The Commission's schedule remark for this field reads: RULES EFF. FOR SOMERSET FIELD 12-11-78.

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
OilDisposition3,810 bbl$61,258
Casinghead gasProduction20 Mcf$0
Total$61,258

20 Mcf of this lease's gas, across 20 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (5)

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 29.1897, -98.6051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

29.18912, -98.60590 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
1,705 ft
5 wells filed one
Completion to plug
15.8 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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

Between 1,671 and 1,775 ft, median 1,705 ft, over the 5 wells that filed a depth.

Completions filed
Oct 1982 – Jun 1984
5 of 5 wells
Plug dates filed
Oct 1998 – Dec 1998
5 of 5 wells

Last completion to plug: a median of 15.8 years across the 5 wells that filed both dates, with the middle half between 15.8 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-02932987171,671 ftJun 1984Dec 1998Yes
42-0293287051,745 ftDec 1982Oct 1998Yes
42-0293287261,775 ftDec 1982Nov 1998Yes
42-0293287111,675 ftDec 1982Oct 1998Yes
42-0293262631,705 ftOct 1982Nov 1998Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 19983709.201.77$340
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199868011.301.91$768
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 199842012.622.21$530
Apr 1998103013.042.51$1,343
Mar 19980012.802.31$0
Feb 1998114013.952.30$1,590
Jan 19980014.702.15$0
Dec 199743016.322.41$702
Nov 199771018.193.09$1,291
Oct 199763019.253.15$1,213
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997156017.582.25$2,742
Jun 19970017.242.26$0
May 199757018.972.31$1,081
Apr 1997170017.882.08$3,040
Mar 19970018.951.94$0
Feb 199724020.492.21$492
Jan 19970023.483.54$0
Dec 199633023.32$770
Nov 19960021.97$0
Oct 199627023.31$629
Sep 199637022.22$822
Aug 19960020.26$0
Jul 199633019.55$645
Jun 199688018.73$1,648
May 19960019.43$0
Apr 199669021.51$1,484
Mar 19960019.38$0
Feb 199683016.98$1,409
Jan 19960017.07$0
Dec 199537017.19$636
Nov 199535016.00$560
Oct 199560015.43$926
Sep 199554016.18$874
Aug 199534015.92$541
Jul 1995109015.24$1,661
Jun 19950016.41$0
May 199598017.56$1,721
Apr 199529017.73$514
Mar 1995106016.44$1,743
Feb 19950016.58$0
Jan 1995131015.92$2,086
Dec 19940015.03$0
Nov 1994134015.90$2,131
Oct 19940015.58$0
Sep 199488115.29$1,346
Aug 1994144116.13$2,323
Jul 199498117.56$1,721
Jun 199462117.09$1,060
May 1994146115.88$2,318
Apr 199468114.14$962
Mar 1994162112.46$2,019
Feb 19940112.50$0
Jan 1994232112.66$2,937
Dec 19930112.33$0
Nov 1993172114.49$2,492
Oct 19930115.85$0
Sep 1993101115.03$1,518
Aug 199359115.66$924
Jul 199357115.46$881
Jun 199392116.79$1,545
May 1993110117.68$1,945
Apr 199374118.05$1,336
Mar 19930018.14$0
Feb 19930117.90$0
Jan 19930116.93$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.

Dec 1998 — as filed, then multipliedworked
Oil                   37 bbl  × $  9.20 =       $340
Casinghead gas         0 Mcf  × $  1.77 =         $0

────────────────────────────────────────────────────
Month total                                     $340

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. 01/O/10755 is the state's own key, not one this site invented.