FINLEY, W. T.

Operated by CRAWFORD HUGHES OPERATING CO. (P-5 186835) in the HARDIN (CESSNA 7400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201242District 03Field 38964141CondensateGasSaveExport
Value, all time
$2.3 M
Mar 2004 – May 2011
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
87
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1935-12-31
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

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
CondensateDisposition32,651 bbl$2,170,010
GasProduction21,329 Mcf$129,727
Total$2,299,738

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 30.1657, -94.7633. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16569, -94.76326 · 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
0.0%
0 of 1 wells
Median depth
8,620 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,620 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-2913252058,620 ftMay 2011Yes

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 (87)

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

87 months

May 20115064198.134.40$7,730
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201008085.734.35$348
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201040722872.633.98$30,468
Aug 201057157873.684.42$44,626
Jul 20103878472.554.74$28,475
Jun 201038031870.364.91$28,298
May 201043723871.124.24$32,087
Apr 201055817881.694.12$46,317
Mar 201058116078.394.39$46,247
Feb 201058238073.585.44$44,892
Jan 201058862074.365.96$47,421
Dec 200976840871.445.48$57,103
Nov 20093741,13174.593.75$32,140
Oct 20090072.544.11$0
Sep 200936112065.543.06$24,028
Aug 200975430367.423.22$51,810
Jul 200956958061.133.46$36,792
Jun 200975027966.163.90$50,707
May 200975445554.743.93$43,060
Apr 200976222546.773.59$36,446
Mar 200977245542.144.06$34,379
Feb 200919325932.814.63$7,532
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200855311055.496.86$31,441
Oct 200896543575.246.92$75,618
Sep 2008388240101.767.88$41,373
Aug 2008938635114.228.48$112,525
Jul 2008576534131.0811.39$81,584
Jun 200819568131.3313.03$26,496
May 2008386181123.1711.57$49,639
Apr 2008193122110.3110.45$22,565
Mar 2008388177101.909.66$41,248
Feb 200838410192.538.77$36,417
Jan 200838810590.388.21$35,929
Dec 200719510588.337.30$17,991
Nov 20071796891.677.29$16,905
Oct 200736913182.856.92$31,478
Sep 200719311275.846.24$15,336
Aug 200737714769.066.39$26,975
Jul 200735615470.906.39$26,224
Jun 200736313962.007.55$23,555
May 200756814858.747.85$34,526
Apr 200719211859.617.81$12,366
Mar 20071951156.927.30$11,180
Feb 20071904355.108.22$10,822
Jan 20073818450.306.73$19,729
Dec 200655611056.656.92$32,258
Nov 200638112054.207.62$21,564
Oct 200637915954.906.01$21,763
Sep 200634816360.085.04$21,729
Aug 200637614668.717.34$26,907
Jul 200636916569.376.34$26,644
Jun 200655216766.286.38$37,653
May 200638717666.016.42$26,677
Apr 200638515164.397.36$25,902
Mar 200657117756.707.08$33,629
Feb 200638013157.597.75$22,900
Jan 200657514560.598.93$36,135
Dec 200538115854.9413.42$23,052
Nov 200538216154.6910.59$22,596
Oct 200537614858.3413.80$23,978
Sep 200519512961.4512.08$13,541
Aug 200553721361.519.80$35,118
Jul 200556920455.697.84$33,288
Jun 200502952.337.38$214
May 200538319345.226.65$18,603
Apr 200550314649.207.36$25,822
Mar 20053768450.377.15$19,540
Feb 200537413045.226.31$17,733
Jan 200578010943.166.32$34,354
Dec 20047466739.866.75$30,188
Nov 200438215245.286.33$18,259
Oct 200438741649.706.52$21,944
Sep 200475683843.245.28$37,117
Aug 200475584042.375.55$36,652
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004018234.475.86$1,066
Mar 200403,63234.365.53$20,085

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.

May 2011 — as filed, then multipliedworked
Condensate            50 bbl  × $ 98.13 =     $4,907
Gas                  641 Mcf  × $  4.40 =     $2,823

────────────────────────────────────────────────────
Month total                                   $7,730

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/201242 is the state's own key, not one this site invented.