STOVALL-PAYNE

Operated by COX & PERKINS EXPLORATION, INC. (P-5 183345) in the GRESHAM (9700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 192273District 03Field 36851800CondensateGasSaveExport
Value, all time
$4.4 M
Oct 2002 – May 2010
Value, last 12 filed months
$63 k
at the published price for each month
Months reported
92
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1986-10-14
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: AOF-1 AND AOF-2 EFFECTIVE 06/01/2003.

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
CondensateDisposition2,164 bbl$72,319
GasProduction685,407 Mcf$4,336,695
Total$4,409,014

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 29.2011, -96.3238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.20113, -96.32375 · 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
15,000 ft
1 wells filed one
Completion to plug
7.6 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 15,000 ft.

Completions filed
Oct 2002
1 of 1 wells
Plug dates filed
May 2010
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48134448215,000 ftOct 2002May 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 (92)

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

92 months

May 20100071.124.24$0
Apr 2010037181.694.12$1,530
Mar 2010052778.394.39$2,313
Feb 201001,17073.585.44$6,368
Jan 201001,36674.365.96$8,147
Dec 200901,35471.445.48$7,425
Nov 200901,76674.593.75$6,625
Oct 200902,02072.544.11$8,303
Sep 200901,82065.543.06$5,578
Aug 200901,69867.423.22$5,465
Jul 200901,52861.133.46$5,294
Jun 200901,51866.163.90$5,913
May 200981,57254.743.93$6,609
Apr 200902,30546.773.59$8,269
Mar 200901,49742.144.06$6,076
Feb 200901,90532.814.63$8,826
Jan 200902,43035.865.37$13,052
Dec 200802,44537.105.98$14,614
Nov 200802,85155.496.86$19,559
Oct 200803,03975.246.92$21,036
Sep 200802,944101.767.88$23,190
Aug 200803,173114.228.48$26,917
Jul 200803,128131.0811.39$35,626
Jun 200803,067131.3313.03$39,971
May 200803,254123.1711.57$37,663
Apr 200803,348110.3110.45$35,003
Mar 200803,271101.909.66$31,611
Feb 200801,99292.538.77$17,471
Jan 200881,81390.388.21$15,600
Dec 200702,25588.337.30$16,466
Nov 200703,55391.677.29$25,907
Oct 200784,01182.856.92$28,427
Sep 200783,87975.846.24$24,828
Aug 200703,96269.066.39$25,309
Jul 200783,64670.906.39$23,858
Jun 200704,02162.007.55$30,352
May 200784,17658.747.85$33,236
Apr 200704,03259.617.81$31,471
Mar 200703,84156.927.30$28,047
Feb 200793,82355.108.22$31,906
Jan 200784,52650.306.73$30,848
Dec 200604,53856.656.92$31,396
Nov 200684,45954.207.62$34,400
Oct 200604,81954.906.01$28,981
Sep 200685,00760.085.04$25,702
Aug 200604,94068.717.34$36,259
Jul 200685,18969.376.34$33,468
Jun 200604,99066.286.38$31,856
May 200685,44866.016.42$35,531
Apr 200605,43964.397.36$40,034
Mar 200605,52956.707.08$39,161
Feb 200685,18257.597.75$40,627
Jan 200605,96360.598.93$53,269
Dec 200505,55654.9413.42$74,536
Nov 200585,80654.6910.59$61,914
Oct 200586,22958.3413.80$86,401
Sep 200506,40261.4512.08$77,330
Aug 200566,65961.519.80$65,606
Jul 200586,30755.697.84$49,915
Jun 200506,24252.337.38$46,072
May 200586,83945.226.65$45,849
Apr 200506,55449.207.36$48,241
Mar 200505,11050.377.15$36,561
Feb 200505,61145.226.31$35,416
Jan 2005168,02943.166.32$51,452
Dec 200486,37739.866.75$43,371
Nov 2004246,30645.286.33$41,006
Oct 2004177,74749.706.52$51,317
Sep 2004257,46143.245.28$40,504
Aug 2004177,91542.375.55$44,654
Jul 2004337,99038.286.08$49,876
Jun 20041898,54236.106.43$61,774
May 20042299,06637.486.49$67,463
Apr 200409,28534.475.86$54,396
Mar 2004210,98034.365.53$60,790
Feb 2004010,48432.455.51$57,763
Jan 20045511,32332.036.30$73,092
Dec 2003012,27930.266.30$77,378
Nov 2003012,99128.804.60$59,696
Oct 20035414,83928.174.76$72,149
Sep 20035515,76226.314.75$76,306
Aug 20035418,04329.765.13$94,163
Jul 2003021,50529.415.17$111,199
Jun 200310524,20528.565.98$147,816
May 200310629,37726.595.97$178,278
Apr 200310835,30626.675.41$193,790
Mar 200322137,94531.146.10$238,196
Feb 200316621,35633.487.93$174,823
Jan 200314727,14130.315.58$155,958
Dec 200217229,72626.914.85$148,911
Nov 200221839,71224.664.14$169,663
Oct 20020026.464.23$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.

Apr 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 81.69 =         $0
Gas                  371 Mcf  × $  4.12 =     $1,530

────────────────────────────────────────────────────
Month total                                   $1,530

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/192273 is the state's own key, not one this site invented.