PAYNE SWICKHEIMER UNIT

Operated by BETTIS, BOYLE & STOVALL (P-5 68360) in the LIVE OAK LAKE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172161District 02Field 54144025CondensateGasSaveExport
Value, all time
$3.7 M
Jan 1999 – Jan 2013
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
169
no gaps in the span
Streams
2
condensate, 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 80 leases and 80 wells, and the rule below applies to all of them.

Discovered
1989-05-01
as the register files it
Field class
Oil and gas
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 1989-05-01.

The Commission's schedule remark for this field reads: 37 DEPARTMENT FOR APPROVAL.

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
CondensateDisposition261 bbl$14,737
GasProduction713,186 Mcf$3,685,868
Total$3,700,605

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 28.6642, -97.2327. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.66424, -97.23267 · 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
4,610 ft
1 wells filed one
Completion to plug
11.6 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 4,610 ft.

Completions filed
Jan 1999
1 of 1 wells
Plug dates filed
Aug 2010
1 of 1 wells

Last completion to plug: a median of 11.6 years across the 1 well that filed both dates, with the middle half between 11.6 years and 11.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-175331236014,610 ftJan 1999Aug 2010Yes

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 (169)

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

169 months

Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012118089.383.40$10,547
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200901,81446.773.59$6,508
Mar 200902,63042.144.06$10,675
Feb 200902,43432.814.63$11,277
Jan 200902,96435.865.37$15,920
Dec 200803,23237.105.98$19,318
Nov 200801,98155.496.86$13,590
Oct 200802,94275.246.92$20,364
Sep 200802,555101.767.88$20,126
Aug 200802,470114.228.48$20,953
Jul 200802,776131.0811.39$31,617
Jun 200802,917131.3313.03$38,016
May 200803,321123.1711.57$38,438
Apr 200803,533110.3110.45$36,937
Mar 200803,529101.909.66$34,105
Feb 200803,82092.538.77$33,504
Jan 200804,28790.388.21$35,178
Dec 200704,35188.337.30$31,771
Nov 200704,55991.677.29$33,243
Oct 200704,90582.856.92$33,952
Sep 200704,94775.846.24$30,890
Aug 200704,36069.066.39$27,851
Jul 200704,04170.906.39$25,814
Jun 200705,88162.007.55$44,392
May 200702,07958.747.85$16,312
Apr 2007017359.617.81$1,350
Mar 20070056.927.30$0
Feb 2007029555.108.22$2,424
Jan 2007094550.306.73$6,357
Dec 2006087656.656.92$6,061
Nov 200607,15354.207.62$54,488
Oct 200606,03654.906.01$36,299
Sep 200604,54360.085.04$22,884
Aug 200604,85068.717.34$35,599
Jul 200603,04069.376.34$19,282
Jun 200601,51366.286.38$9,659
May 200604,63366.016.42$29,767
Apr 200601,50964.397.36$11,107
Mar 2006028656.707.08$2,026
Feb 200602,02157.597.75$15,665
Jan 200603,57160.598.93$31,901
Dec 200504,62154.9413.42$61,993
Nov 200506,58454.6910.59$69,714
Oct 200507,19158.3413.80$99,205
Sep 200508,18461.4512.08$98,855
Aug 200508,62861.519.80$84,527
Jul 200508,90655.697.84$69,855
Jun 200508,61452.337.38$63,580
May 200508,98245.226.65$59,741
Apr 200509,02749.207.36$66,443
Mar 200509,39350.377.15$67,206
Feb 200506,95245.226.31$43,880
Jan 200507,03843.166.32$44,496
Dec 200408,59339.866.75$58,012
Nov 200408,98545.286.33$56,879
Oct 200409,65749.706.52$62,916
Sep 200409,54443.245.28$50,430
Aug 200408,85042.375.55$49,123
Jul 200407,55838.286.08$45,984
Jun 200401,48436.106.43$9,547
May 200402,06337.486.49$13,398
Apr 200402,32034.475.86$13,592
Mar 200402,39034.365.53$13,217
Feb 200401,96232.455.51$10,810
Jan 200402,31032.036.30$14,552
Dec 200303,31830.266.30$20,909
Nov 200302,18828.804.60$10,054
Oct 200302,67128.174.76$12,713
Sep 200303,26526.314.75$15,507
Aug 200304,87929.765.13$25,028
Jul 200302,69129.415.17$13,915
Jun 200303,01528.565.98$18,039
May 200303,30626.595.97$19,746
Apr 200303,67326.675.41$19,861
Mar 200302,97231.146.10$18,117
Feb 200302,18233.487.93$17,294
Jan 200302,99430.315.58$16,713
Dec 200202,83826.914.85$13,775
Nov 200203,28824.664.14$13,602
Oct 200203,76026.464.23$15,901
Sep 200203,30527.443.64$12,014
Aug 200203,58325.963.16$11,337
Jul 200203,97224.583.06$12,161
Jun 200203,57123.733.34$11,921
May 200203,01724.663.58$10,813
Apr 200203,49523.653.51$12,276
Mar 200203,80822.003.10$11,815
Feb 200203,89918.222.38$9,263
Jan 200204,69017.172.38$11,142
Dec 200103,94216.932.36$9,320
Nov 200104,10718.072.41$9,879
Oct 200105,37219.782.53$13,585
Sep 200106,43024.262.25$14,476
Aug 200107,19424.873.05$21,964
Jul 200107,45323.933.20$23,828
Jun 200106,17824.563.82$23,626
May 200106,30425.524.31$27,153
Apr 200106,62824.685.34$35,363
Mar 200108,17524.545.38$43,952
Feb 200107,76527.755.77$44,781
Jan 200108,74727.478.40$73,464
Dec 200008,85026.889.12$80,734
Nov 200009,44732.215.66$53,451
Oct 200008,80631.235.15$45,311
Sep 200008,17131.875.19$42,379
Aug 200007,28229.644.54$33,066
Jul 200007,95028.534.09$32,514
Jun 20001438,49329.304.40$41,536
May 200009,52927.263.68$35,064
Apr 200009,16524.513.12$28,558
Mar 200009,80428.422.86$28,037
Feb 2000010,46327.622.73$28,527
Jan 200009,57025.272.48$23,738
Dec 1999010,09624.282.42$24,470
Nov 199908,87023.192.43$21,589
Oct 199909,12920.982.80$25,595
Sep 1999012,84521.752.62$33,639
Aug 1999014,59219.262.88$41,961
Jul 1999016,86717.892.37$40,015
Jun 1999017,02315.942.36$40,210
May 1999017,75815.792.32$41,217
Apr 1999017,93415.102.21$39,599
Mar 1999020,22812.471.84$37,186
Feb 1999017,9979.981.82$32,715
Jan 199903410.381.90$65

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 2012 — as filed, then multipliedworked
Condensate           118 bbl  × $ 89.38 =    $10,547
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                  $10,547

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. 02/G/172161 is the state's own key, not one this site invented.