FINKE

Name: FINKE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BURNS PRODUCTION CORPORATION (P-5 111030) in the SEALY (WILCOX J-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 131788District 03Field 81948480CondensateGasSave Export

Value, all time

$337 k

Jan 1993 – Apr 2008

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

184

no gaps in the span

Streams

condensate, gas

The SEALY (WILCOX J-2) field

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

1989-05-19

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: “(WILCOX CONS.) FIELD.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	861 bbl	$16,690
Gas	Production	220,493 Mcf	$320,687
Total			$337,377

121,187 Mcf of this lease's gas, across 48 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 (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 29.7697, -96.1962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.76971, -96.19623 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,698 ft

1 wells filed one

Completion to plug

6.0 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 11,698 ft.

Completions filed

Aug 2004

1 of 1 wells

Plug dates filed

Aug 2010

1 of 1 wells

Last completion to plug: a median of 6.0 years across the 1 well that filed both dates, with the middle half between 6.0 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-01530293	1	11,698 ft	Aug 2004	Aug 2010	Yes

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 (184)

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

184 months


Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	28	0	82.85	6.92	$2,320
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	44	38.28	6.08	$268
Jun 2004	0	130	36.10	6.43	$836
May 2004	0	197	37.48	6.49	$1,279
Apr 2004	0	96	34.47	5.86	$562
Mar 2004	0	21	34.36	5.53	$116
Feb 2004	0	54	32.45	5.51	$298
Jan 2004	0	93	32.03	6.30	$586
Dec 2003	0	14	30.26	6.30	$88
Nov 2003	0	232	28.80	4.60	$1,066
Oct 2003	0	569	28.17	4.76	$2,708
Sep 2003	0	444	26.31	4.75	$2,109
Aug 2003	0	598	29.76	5.13	$3,068
Jul 2003	0	788	29.41	5.17	$4,075
Jun 2003	0	763	28.56	5.98	$4,565
May 2003	0	917	26.59	5.97	$5,477
Apr 2003	0	951	26.67	5.41	$5,142
Mar 2003	0	1,163	31.14	6.10	$7,090
Feb 2003	0	790	33.48	7.93	$6,261
Jan 2003	0	1,227	30.31	5.58	$6,849
Dec 2002	0	1,209	26.91	4.85	$5,868
Nov 2002	0	1,573	24.66	4.14	$6,507
Oct 2002	0	1,860	26.46	4.23	$7,866
Sep 2002	0	1,341	27.44	3.64	$4,875
Aug 2002	0	1,203	25.96	3.16	$3,806
Jul 2002	0	1,269	24.58	3.06	$3,885
Jun 2002	0	1,268	23.73	3.34	$4,233
May 2002	0	1,298	24.66	3.58	$4,652
Apr 2002	0	1,243	23.65	3.51	$4,366
Mar 2002	0	1,113	22.00	3.10	$3,453
Feb 2002	0	820	18.22	2.38	$1,948
Jan 2002	0	204	17.17	2.38	$485
Dec 2001	0	145	16.93	2.36	$343
Nov 2001	0	318	18.07	2.41	$765
Oct 2001	0	258	19.78	2.53	$652
Sep 2001	0	5	24.26	2.25	$11
Aug 2001	0	97	24.87	3.05	$296
Jul 2001	0	701	23.93	3.20	$2,241
Jun 2001	0	752	24.56	3.82	$2,876
May 2001	0	166	25.52	4.31	$715
Apr 2001	0	656	24.68	5.34	$3,500
Mar 2001	0	771	24.54	5.38	$4,145
Feb 2001	0	339	27.75	5.77	$1,955
Jan 2001	0	810	27.47	8.40	$6,803
Dec 2000	0	395	26.88	9.12	$3,603
Nov 2000	0	486	32.21	5.66	$2,750
Oct 2000	0	1,164	31.23	5.15	$5,989
Sep 2000	0	1,257	31.87	5.19	$6,519
Aug 2000	0	1,506	29.64	4.54	$6,838
Jul 2000	0	1,497	28.53	4.09	$6,122
Jun 2000	0	1,170	29.30	4.40	$5,145
May 2000	0	1,339	27.26	3.68	$4,927
Apr 2000	0	1,330	24.51	3.12	$4,144
Mar 2000	0	1,372	28.42	2.86	$3,924
Feb 2000	56	1,176	27.62	2.73	$4,753
Jan 2000	0	1,044	25.27	2.48	$2,590
Dec 1999	6	901	24.28	2.42	$2,329
Nov 1999	0	1,114	23.19	2.43	$2,711
Oct 1999	0	987	20.98	2.80	$2,767
Sep 1999	0	1,795	21.75	2.62	$4,701
Aug 1999	0	978	19.26	2.88	$2,812
Jul 1999	0	845	17.89	2.37	$2,005
Jun 1999	1	686	15.94	2.36	$1,636
May 1999	0	1,162	15.79	2.32	$2,697
Apr 1999	0	757	15.10	2.21	$1,671
Mar 1999	0	534	12.47	1.84	$982
Feb 1999	1	257	9.98	1.82	$477
Jan 1999	0	1,731	10.38	1.90	$3,289
Dec 1998	0	1,439	9.20	1.77	$2,552
Nov 1998	0	1,518	10.89	2.19	$3,318
Oct 1998	108	1,686	12.42	1.97	$4,661
Sep 1998	0	1,618	12.59	2.08	$3,370
Aug 1998	0	1,768	11.30	1.91	$3,372
Jul 1998	0	1,793	11.74	2.24	$4,011
Jun 1998	0	1,659	11.24	2.24	$3,712
May 1998	0	1,761	12.62	2.21	$3,885
Apr 1998	0	1,817	13.04	2.51	$4,552
Mar 1998	0	1,637	12.80	2.31	$3,781
Feb 1998	0	1,511	13.95	2.30	$3,474
Jan 1998	0	1,587	14.70	2.15	$3,420
Dec 1997	0	1,848	16.32	2.41	$4,456
Nov 1997	0	2,019	18.19	3.09	$6,235
Oct 1997	0	1,979	19.25	3.15	$6,233
Sep 1997	0	2,342	17.74	2.95	$6,920
Aug 1997	0	2,469	17.86	2.55	$6,308
Jul 1997	63	2,471	17.58	2.25	$6,660
Jun 1997	0	2,330	17.24	2.26	$5,259
May 1997	0	2,083	18.97	2.31	$4,809
Apr 1997	0	1,489	17.88	2.08	$3,101
Mar 1997	0	2,339	18.95	1.94	$4,536
Feb 1997	3	1,901	20.49	2.21	$4,255
Jan 1997	0	2,249	23.48	3.54	$7,961
Dec 1996	66	2,160	23.32	—	$1,539
Nov 1996	0	1,566	21.97	—	$0
Oct 1996	0	2,320	23.31	—	$0
Sep 1996	0	1,998	22.22	—	$0
Aug 1996	0	1,699	20.26	—	$0
Jul 1996	0	1,510	19.55	—	$0
Jun 1996	0	1,881	18.73	—	$0
May 1996	0	2,045	19.43	—	$0
Apr 1996	33	1,765	21.51	—	$710
Mar 1996	0	3,037	19.38	—	$0
Feb 1996	0	997	16.98	—	$0
Jan 1996	0	2,391	17.07	—	$0
Dec 1995	37	2,660	17.19	—	$636
Nov 1995	20	1,602	16.00	—	$320
Oct 1995	0	2,077	15.43	—	$0
Sep 1995	19	2,076	16.18	—	$307
Aug 1995	19	2,119	15.92	—	$302
Jul 1995	0	2,492	15.24	—	$0
Jun 1995	0	2,085	16.41	—	$0
May 1995	16	2,315	17.56	—	$281
Apr 1995	17	2,196	17.73	—	$301
Mar 1995	19	2,418	16.44	—	$312
Feb 1995	20	2,261	16.58	—	$332
Jan 1995	22	2,893	15.92	—	$350
Dec 1994	22	2,892	15.03	—	$331
Nov 1994	10	2,797	15.90	—	$159
Oct 1994	10	2,909	15.58	—	$156
Sep 1994	0	3,029	15.29	—	$0
Aug 1994	10	3,142	16.13	—	$161
Jul 1994	10	3,469	17.56	—	$176
Jun 1994	21	3,249	17.09	—	$359
May 1994	10	3,474	15.88	—	$159
Apr 1994	11	3,372	14.14	—	$156
Mar 1994	19	3,832	12.46	—	$237
Feb 1994	9	3,563	12.50	—	$113
Jan 1994	9	4,455	12.66	—	$114
Dec 1993	17	4,399	12.33	—	$210
Nov 1993	17	4,679	14.49	—	$246
Oct 1993	17	4,960	15.85	—	$269
Sep 1993	18	2,519	15.03	—	$271
Aug 1993	10	3,567	15.66	—	$157
Jul 1993	26	4,375	15.46	—	$402
Jun 1993	11	3,165	16.79	—	$185
May 1993	9	616	17.68	—	$159
Apr 1993	7	397	18.05	—	$126
Mar 1993	17	885	18.14	—	$308
Feb 1993	11	558	17.90	—	$197
Jan 1993	6	321	16.93	—	$102

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 2007 — as filed, then multipliedworked

Condensate            28 bbl  × $ 82.85 =     $2,320
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $2,320

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. 03/G/131788 is the state's own key, not one this site invented.