BYRD BUDA B

Operated by TERRAFINA ENERGY, LLC (P-5 843271) in the AMMANN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18785District 01Field 02396500Hydrogen sulphide fieldOilSaveExport
Value, all time
$284 k
Feb 2016 – Aug 2021
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
67
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 44 leases and 45 wells, and the rule below applies to all of them.

Discovered
1977-01-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 40 ACRE SPACING, ALLOCATION FORMULA UPDATED

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
OilDisposition5,788 bbl$283,813
Total$283,813

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 28.6918, -99.6050. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.69179, -99.60502 · 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
6,910 ft
1 wells filed one
Completion to plug
5.1 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 6,910 ft.

Completions filed
Feb 2016
1 of 1 wells
Plug dates filed
Mar 2021
1 of 1 wells

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-507332622H6,910 ftFeb 2016Mar 2021Yes

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 (67)

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

67 months

Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 202012737.091.99$4,710
Aug 202016139.982.39$6,437
Jul 2020038.371.83$0
Jun 202017334.901.69$6,038
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 202017649.881.98$8,779
Jan 202017657.252.09$10,076
Dec 201917059.012.30$10,032
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 201917355.052.66$9,524
Aug 201916953.112.30$8,976
Jul 201917756.272.46$9,960
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 201916656.803.06$9,429
Feb 201918050.852.79$9,153
Jan 201917746.033.23$8,147
Dec 201816146.594.19$7,501
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 201810365.142.93$6,709
Jun 20184460.183.08$2,648
May 20185965.382.90$3,857
Apr 201817063.842.90$10,853
Mar 2018061.222.79$0
Feb 201817361.782.77$10,688
Jan 2018062.874.01$0
Dec 201717057.272.92$9,736
Nov 201717055.423.12$9,421
Oct 2017049.292.98$0
Sep 201717047.523.09$8,078
Aug 201716845.373.00$7,622
Jul 2017043.873.09$0
Jun 201716642.493.09$7,053
May 2017045.373.26$0
Apr 201716847.933.21$8,052
Mar 2017046.772.98$0
Feb 201717050.452.95$8,577
Jan 201717149.413.42$8,449
Dec 2016448.763.72$195
Nov 201652642.492.64$22,350
Oct 2016246.193.09$92
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 201631341.622.92$13,027
Jun 201650145.352.69$22,720
May 201633642.521.99$14,287
Apr 20161236.561.99$439
Mar 2016633.011.79$198
Feb 2016026.472.06$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.

Sep 2020 — as filed, then multipliedworked
Oil                  127 bbl  × $ 37.09 =     $4,710

────────────────────────────────────────────────────
Month total                                   $4,710

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/18785 is the state's own key, not one this site invented.