FINKE

Name: FINKE lease production and value, Nov 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the SEALY (FRIO 3300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156534District 03Field 81948065CondensateGasSave Export

Value, all time

$300 k

Nov 1995 – Aug 2012

Value, last 12 filed months

at the published price for each month

Months reported

202

no gaps in the span

Streams

condensate, gas

The SEALY (FRIO 3300) 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

1995-11-13

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: “EXEMPT FIELD EFF 9/1/06”

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	73 bbl	$2,125
Gas	Production	175,376 Mcf	$297,842
Total			$299,967

93,652 Mcf of this lease's gas, across 14 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 29.7718, -96.1941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.77175, -96.19412 · 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

10,749 ft

1 wells filed one

Completion to plug

16.8 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 10,749 ft.

Completions filed

Nov 1995

1 of 1 wells

Plug dates filed

Aug 2012

1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-01530666	2	10,749 ft	Nov 1995	Aug 2012	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 (202)

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

202 months


Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	52	73.58	5.44	$283
Jan 2010	0	42	74.36	5.96	$250
Dec 2009	1	74	71.44	5.48	$477
Nov 2009	0	33	74.59	3.75	$124
Oct 2009	0	76	72.54	4.11	$312
Sep 2009	0	34	65.54	3.06	$104
Aug 2009	0	25	67.42	3.22	$80
Jul 2009	0	72	61.13	3.46	$249
Jun 2009	0	54	66.16	3.90	$210
May 2009	0	87	54.74	3.93	$342
Apr 2009	0	53	46.77	3.59	$190
Mar 2009	1	85	42.14	4.06	$387
Feb 2009	0	95	32.81	4.63	$440
Jan 2009	0	77	35.86	5.37	$414
Dec 2008	0	36	37.10	5.98	$215
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	106	75.24	6.92	$734
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	330	131.08	11.39	$3,759
Jun 2008	0	33	131.33	13.03	$430
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	80	110.31	10.45	$836
Mar 2008	1	66	101.90	9.66	$740
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	1	132	88.33	7.30	$1,052
Nov 2007	0	53	91.67	7.29	$386
Oct 2007	0	26	82.85	6.92	$180
Sep 2007	0	18	75.84	6.24	$112
Aug 2007	0	51	69.06	6.39	$326
Jul 2007	0	35	70.90	6.39	$224
Jun 2007	0	62	62.00	7.55	$468
May 2007	0	103	58.74	7.85	$808
Apr 2007	0	76	59.61	7.81	$593
Mar 2007	0	196	56.92	7.30	$1,431
Feb 2007	0	239	55.10	8.22	$1,964
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	108	56.65	6.92	$747
Nov 2006	0	346	54.20	7.62	$2,636
Oct 2006	0	467	54.90	6.01	$2,808
Sep 2006	0	491	60.08	5.04	$2,473
Aug 2006	0	462	68.71	7.34	$3,391
Jul 2006	0	449	69.37	6.34	$2,848
Jun 2006	0	353	66.28	6.38	$2,254
May 2006	0	562	66.01	6.42	$3,611
Apr 2006	0	423	64.39	7.36	$3,113
Mar 2006	0	239	56.70	7.08	$1,693
Feb 2006	0	258	57.59	7.75	$2,000
Jan 2006	0	575	60.59	8.93	$5,137
Dec 2005	0	750	54.94	13.42	$10,062
Nov 2005	0	392	54.69	10.59	$4,151
Oct 2005	0	324	58.34	13.80	$4,470
Sep 2005	0	257	61.45	12.08	$3,104
Aug 2005	0	245	61.51	9.80	$2,400
Jul 2005	0	283	55.69	7.84	$2,220
Jun 2005	0	103	52.33	7.38	$760
May 2005	0	164	45.22	6.65	$1,091
Apr 2005	0	157	49.20	7.36	$1,156
Mar 2005	0	146	50.37	7.15	$1,045
Feb 2005	0	197	45.22	6.31	$1,243
Jan 2005	0	239	43.16	6.32	$1,511
Dec 2004	0	447	39.86	6.75	$3,018
Nov 2004	0	384	45.28	6.33	$2,431
Oct 2004	0	326	49.70	6.52	$2,124
Sep 2004	0	282	43.24	5.28	$1,490
Aug 2004	0	281	42.37	5.55	$1,560
Jul 2004	0	73	38.28	6.08	$444
Jun 2004	0	256	36.10	6.43	$1,647
May 2004	0	311	37.48	6.49	$2,020
Apr 2004	0	289	34.47	5.86	$1,693
Mar 2004	0	238	34.36	5.53	$1,316
Feb 2004	0	98	32.45	5.51	$540
Jan 2004	0	100	32.03	6.30	$630
Dec 2003	0	143	30.26	6.30	$901
Nov 2003	0	163	28.80	4.60	$749
Oct 2003	0	265	28.17	4.76	$1,261
Sep 2003	0	230	26.31	4.75	$1,092
Aug 2003	0	285	29.76	5.13	$1,462
Jul 2003	0	345	29.41	5.17	$1,784
Jun 2003	0	326	28.56	5.98	$1,950
May 2003	0	410	26.59	5.97	$2,449
Apr 2003	0	387	26.67	5.41	$2,093
Mar 2003	0	241	31.14	6.10	$1,469
Feb 2003	0	40	33.48	7.93	$317
Jan 2003	0	218	30.31	5.58	$1,217
Dec 2002	0	215	26.91	4.85	$1,044
Nov 2002	0	311	24.66	4.14	$1,287
Oct 2002	0	327	26.46	4.23	$1,383
Sep 2002	0	299	27.44	3.64	$1,087
Aug 2002	0	312	25.96	3.16	$987
Jul 2002	0	205	24.58	3.06	$628
Jun 2002	0	194	23.73	3.34	$648
May 2002	0	280	24.66	3.58	$1,004
Apr 2002	0	161	23.65	3.51	$565
Mar 2002	0	283	22.00	3.10	$878
Feb 2002	0	252	18.22	2.38	$599
Jan 2002	0	162	17.17	2.38	$385
Dec 2001	0	20	16.93	2.36	$47
Nov 2001	0	213	18.07	2.41	$512
Oct 2001	0	293	19.78	2.53	$741
Sep 2001	0	211	24.26	2.25	$475
Aug 2001	0	304	24.87	3.05	$928
Jul 2001	0	283	23.93	3.20	$905
Jun 2001	0	192	24.56	3.82	$734
May 2001	0	234	25.52	4.31	$1,008
Apr 2001	0	450	24.68	5.34	$2,401
Mar 2001	0	294	24.54	5.38	$1,581
Feb 2001	0	129	27.75	5.77	$744
Jan 2001	0	247	27.47	8.40	$2,074
Dec 2000	0	320	26.88	9.12	$2,919
Nov 2000	0	303	32.21	5.66	$1,714
Oct 2000	0	438	31.23	5.15	$2,254
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	610	29.64	4.54	$2,770
Jul 2000	3	872	28.53	4.09	$3,652
Jun 2000	0	872	29.30	4.40	$3,834
May 2000	7	895	27.26	3.68	$3,484
Apr 2000	18	1,144	24.51	3.12	$4,006
Mar 2000	5	1,212	28.42	2.86	$3,608
Feb 2000	22	1,350	27.62	2.73	$4,288
Jan 2000	14	1,794	25.27	2.48	$4,804
Dec 1999	0	793	24.28	2.42	$1,922
Nov 1999	0	703	23.19	2.43	$1,711
Oct 1999	0	726	20.98	2.80	$2,035
Sep 1999	0	827	21.75	2.62	$2,166
Aug 1999	0	674	19.26	2.88	$1,938
Jul 1999	0	668	17.89	2.37	$1,585
Jun 1999	0	556	15.94	2.36	$1,313
May 1999	0	478	15.79	2.32	$1,109
Apr 1999	0	431	15.10	2.21	$952
Mar 1999	0	385	12.47	1.84	$708
Feb 1999	0	281	9.98	1.82	$511
Jan 1999	0	666	10.38	1.90	$1,265
Dec 1998	0	860	9.20	1.77	$1,525
Nov 1998	0	790	10.89	2.19	$1,727
Oct 1998	0	1,052	12.42	1.97	$2,072
Sep 1998	0	871	12.59	2.08	$1,814
Aug 1998	0	1,059	11.30	1.91	$2,020
Jul 1998	0	1,100	11.74	2.24	$2,461
Jun 1998	0	1,097	11.24	2.24	$2,454
May 1998	0	1,030	12.62	2.21	$2,273
Apr 1998	0	1,330	13.04	2.51	$3,332
Mar 1998	0	1,224	12.80	2.31	$2,827
Feb 1998	0	1,232	13.95	2.30	$2,833
Jan 1998	0	1,711	14.70	2.15	$3,687
Dec 1997	0	2,216	16.32	2.41	$5,343
Nov 1997	0	1,957	18.19	3.09	$6,044
Oct 1997	0	2,182	19.25	3.15	$6,873
Sep 1997	0	2,283	17.74	2.95	$6,746
Aug 1997	0	2,329	17.86	2.55	$5,950
Jul 1997	0	2,340	17.58	2.25	$5,258
Jun 1997	0	2,420	17.24	2.26	$5,462
May 1997	0	2,513	18.97	2.31	$5,801
Apr 1997	0	1,895	17.88	2.08	$3,947
Mar 1997	0	2,913	18.95	1.94	$5,649
Feb 1997	0	2,723	20.49	2.21	$6,007
Jan 1997	0	3,099	23.48	3.54	$10,970
Dec 1996	0	3,052	23.32	—	$0
Nov 1996	0	2,758	21.97	—	$0
Oct 1996	0	3,370	23.31	—	$0
Sep 1996	0	3,074	22.22	—	$0
Aug 1996	0	3,167	20.26	—	$0
Jul 1996	0	3,271	19.55	—	$0
Jun 1996	0	5,266	18.73	—	$0
May 1996	0	5,536	19.43	—	$0
Apr 1996	0	8,489	21.51	—	$0
Mar 1996	0	9,010	19.38	—	$0
Feb 1996	0	15,346	16.98	—	$0
Jan 1996	0	12,579	17.07	—	$0
Dec 1995	0	12,440	17.19	—	$0
Nov 1995	0	6,294	16.00	—	$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.

Feb 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 73.58 =         $0
Gas                   52 Mcf  × $  5.44 =       $283

────────────────────────────────────────────────────
Month total                                     $283

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/156534 is the state's own key, not one this site invented.