KUNKEL

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the PANNA MARIA (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8845District 02Field 68943500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.2 M
Aug 2003 – Jul 2019
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
192
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 60 leases and 72 wells, and the rule below applies to all of them.

Discovered
1960-09-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1961-10-11.

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The Commission's schedule remark for this field reads: RESCINDED CASING & MULTI-STAGE CEMENTING RULES

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
OilDisposition13,018 bbl$957,705
Casinghead gasProduction40,205 Mcf$248,218
Total$1,205,923

Wells on this lease (2)

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 28.5577, -97.5209. A lease has no coordinate of its own — that point is the mean of its wells, and they span 56.9 miles, so treat it as the lease's centre and not as its location.

28.55775, -97.52093 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,237 ft
2 wells filed one
Completion to plug
39.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 6,979 and 11,495 ft, median 9,237 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1954
1 of 2 wells; 1 filed none
Plug dates filed
Oct 1993 – Mar 2019
2 of 2 wells

Last completion to plug: a median of 39.5 years across the 1 well that filed both dates, with the middle half between 39.5 years and 39.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-25500764111,495 ftMar 2019Yes
42-3910373946,979 ftApr 1954Oct 1993Yes

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 (192)

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

192 months

Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019352056.803.06$19,994
Feb 201921950.852.79$155
Jan 201962846.033.23$367
Dec 201821246.594.19$143
Nov 20185952.934.24$303
Oct 20181891261.443.40$11,653
Sep 201802459.543.11$75
Aug 201851059.403.07$328
Jul 20184565.142.93$275
Jun 20188660.183.08$500
May 20180665.382.90$17
Apr 20180563.842.90$15
Mar 20180561.222.79$14
Feb 20180961.782.77$25
Jan 20180962.874.01$36
Dec 20170857.272.92$23
Nov 20171855.423.12$80
Oct 20170949.292.98$27
Sep 201703147.523.09$96
Aug 20170045.373.00$0
Jul 20170843.873.09$25
Jun 201706142.493.09$188
May 20170045.373.26$0
Apr 201701847.933.21$58
Mar 201704246.772.98$125
Feb 2017203050.452.95$10,241
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201602542.492.64$66
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 20160142.521.99$2
Apr 20161705836.561.99$6,331
Mar 201602933.011.79$52
Feb 20160026.472.06$0
Jan 201611927.352.36$72
Dec 20150232.362.00$4
Nov 20150038.792.17$0
Oct 2015162243.552.43$7,060
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150448.152.95$12
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 20150243.433.10$6
Dec 201404154.693.59$147
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140586.164.05$20
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014169098.164.74$16,589
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 20133088.853.74$267
Oct 20130097.423.78$0
Sep 201360104.113.72$625
Aug 201300104.253.52$0
Jul 201336168102.523.72$4,315
Jun 201326637094.403.93$26,566
May 201348094.834.15$4,552
Apr 2013177093.964.28$16,631
Mar 2013381093.623.91$35,669
Feb 201320012291.233.42$18,663
Jan 2013601,00091.603.42$8,916
Dec 2012178086.773.42$15,445
Nov 201218082486.953.62$18,638
Oct 201218377189.383.40$18,978
Sep 201229094.672.92$2,745
Aug 201266092.662.91$6,116
Jul 201220729385.133.02$18,507
Jun 20124131,65279.822.52$37,127
May 20121789391.612.49$16,538
Apr 201200101.652.00$0
Mar 2012656105.052.22$755
Feb 20127194101.102.57$1,206
Jan 20121259698.092.73$2,807
Dec 20110096.873.24$0
Nov 2011197095.723.31$18,857
Oct 20110084.983.65$0
Sep 20112389483.623.99$5,487
Aug 201120520783.404.15$17,956
Jul 20110094.144.52$0
Jun 2011169092.904.64$15,700
May 20110098.134.40$0
Apr 2011300105.964.33$3,179
Mar 2011207096.364.06$19,947
Feb 20110085.644.18$0
Jan 2011235086.504.59$20,328
Dec 2010325385.734.35$2,974
Nov 2010374080.843.80$3,143
Oct 201018913978.103.51$15,249
Sep 2010057072.633.98$2,268
Aug 201018233873.684.42$14,904
Jul 201019975172.554.74$17,995
Jun 201017934270.364.91$14,274
May 2010012971.124.24$546
Apr 20100081.694.12$0
Mar 20105778.394.39$423
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200906671.445.48$362
Nov 2009112074.593.75$896
Oct 200945172.544.11$500
Sep 2009073365.543.06$2,246
Aug 20090067.423.22$0
Jul 200916254861.133.46$11,802
Jun 200906766.163.90$261
May 2009092054.743.93$3,612
Apr 20093056746.773.59$3,437
Mar 200916541342.144.06$8,629
Feb 20092191,83532.814.63$15,687
Jan 20091881,43235.865.37$14,433
Dec 2008176037.105.98$6,530
Nov 200839055.496.86$2,164
Oct 2008147075.246.92$11,060
Sep 20082280101.767.88$23,201
Aug 20081740114.228.48$19,874
Jul 2008216301131.0811.39$31,742
Jun 200818881131.3313.03$25,746
May 200800123.1711.57$0
Apr 2008164283110.3110.45$21,050
Mar 20083000101.909.66$30,570
Feb 2008253092.538.77$23,410
Jan 20088090.388.21$723
Dec 200701988.337.30$139
Nov 200715612991.677.29$15,241
Oct 20070082.856.92$0
Sep 2007180075.846.24$13,651
Aug 2007185069.066.39$12,776
Jul 2007181070.906.39$12,833
Jun 2007180062.007.55$11,160
May 20070058.747.85$0
Apr 2007181059.617.81$10,789
Mar 20070056.927.30$0
Feb 200706155.108.22$501
Jan 2007172050.306.73$8,652
Dec 20061887,24656.656.92$60,781
Nov 200601,43554.207.62$10,931
Oct 20060354.906.01$18
Sep 200601460.085.04$71
Aug 200618547568.717.34$16,198
Jul 200619156869.376.34$16,852
Jun 2006057866.286.38$3,690
May 200617445466.016.42$14,403
Apr 200618252164.397.36$15,554
Mar 200617658656.707.08$14,130
Feb 200618964257.597.75$15,861
Jan 2006082260.598.93$7,343
Dec 200518673854.9413.42$20,119
Nov 200518959154.6910.59$16,594
Oct 2005050958.3413.80$7,022
Sep 200520485161.4512.08$22,815
Aug 200518060361.519.80$16,979
Jul 200517184255.697.84$16,127
Jun 200518266252.337.38$14,410
May 200518873245.226.65$13,370
Apr 2005051749.207.36$3,805
Mar 2005035650.377.15$2,547
Feb 20051821,11045.226.31$15,236
Jan 200519050043.166.32$11,362
Dec 200417661239.866.75$11,147
Nov 200417057145.286.33$11,312
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20044038.286.08$153
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$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.

Mar 2019 — as filed, then multipliedworked
Oil                  352 bbl  × $ 56.80 =    $19,994
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                  $19,994

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/O/8845 is the state's own key, not one this site invented.