SPUR T GAS UNIT

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the KUESTER (WILCOX 8070) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 253882District 02Field 50364600CondensateGasSaveExport
Value, all time
$813 k
Aug 2009 – Mar 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
140
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1980-04-29
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 5-1-81 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition2,011 bbl$163,418
GasProduction152,796 Mcf$649,153
Total$812,571

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 29.0304, -97.1099. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03041, -97.10995 · 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
8,900 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 8,900 ft.

Completions filed
Aug 2009
1 of 1 wells
Plug dates filed
Mar 2021
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

42-1233228528,900 ftAug 2009Mar 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 (140)

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

140 months

Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
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 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
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 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013109097.423.78$10,619
Sep 201300104.113.72$0
Aug 201301104.253.52$4
Jul 201305102.523.72$19
Jun 20130094.403.93$0
May 201306894.834.15$282
Apr 201309693.964.28$411
Mar 2013034993.623.91$1,366
Feb 2013031791.233.42$1,084
Jan 2013031091.603.42$1,060
Dec 2012023986.773.42$817
Nov 201205986.953.62$214
Oct 201207489.383.40$252
Sep 2012029694.672.92$864
Aug 2012049592.662.91$1,440
Jul 201206885.133.02$205
Jun 2012055479.822.52$1,396
May 2012085991.612.49$2,137
Apr 201201,056101.652.00$2,109
Mar 201200105.052.22$0
Feb 2012054101.102.57$139
Jan 201204898.092.73$131
Dec 2011094296.873.24$3,052
Nov 201106795.723.31$222
Oct 20111731,14584.983.65$18,879
Sep 201102,94483.623.99$11,734
Aug 201103,09083.404.15$12,821
Jul 201103,32694.144.52$15,024
Jun 201102,84192.904.64$13,182
May 201105,33298.134.40$23,487
Apr 20111676,590105.964.33$46,252
Mar 201107,58996.364.06$30,791
Feb 20111715,74385.644.18$38,650
Jan 20111817,94086.504.59$52,091
Dec 201008,72085.734.35$37,912
Nov 20101738,12280.843.80$44,811
Oct 20101708,22678.103.51$42,141
Sep 201006,75172.633.98$26,865
Aug 201003,74673.684.42$16,555
Jul 201003,38272.554.74$16,019
Jun 20101704,68870.364.91$34,981
May 2010061271.124.24$2,592
Apr 20101696,79081.694.12$41,799
Mar 201006,92378.394.39$30,383
Feb 20101745,64473.585.44$43,520
Jan 201007,19974.365.96$42,935
Dec 20091816,94971.445.48$51,037
Nov 200905,32874.593.75$19,988
Oct 200904,89072.544.11$20,099
Sep 20091735,32765.543.06$27,664
Aug 200907,00267.423.22$22,536

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 2013 — as filed, then multipliedworked
Condensate           109 bbl  × $ 97.42 =    $10,619
Gas                    0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                  $10,619

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/253882 is the state's own key, not one this site invented.