FINLEY, G. & E.

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

Gas lease lease 202543District 03Field 38964001GasSaveExport
Value, all time
$53 k
Jul 2004 – Jan 2009
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
55
no gaps in the span
Streams
1
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 68 leases and 86 wells, and the rule below applies to all of them.

Discovered
1935-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1955-08-01.

The Commission's schedule remark for this field reads: EFFECTIVE 12-29-71.

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
GasProduction6,943 Mcf$53,045
Total$53,045

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 30.1570, -94.7758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15701, -94.77578 · 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
7,578 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 7,578 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-2910239117,578 ftFeb 2009Yes

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 (55)

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

55 months

Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 2008100131.3313.03$1,303
May 2008109123.1711.57$1,262
Apr 2008103110.3110.45$1,077
Mar 20080101.909.66$0
Feb 20089492.538.77$824
Jan 200810790.388.21$878
Dec 200713388.337.30$971
Nov 200714191.677.29$1,028
Oct 200713182.856.92$907
Sep 200712375.846.24$768
Aug 200711969.066.39$760
Jul 200713570.906.39$862
Jun 20078662.007.55$649
May 200713958.747.85$1,091
Apr 200714759.617.81$1,147
Mar 20076356.927.30$460
Feb 20071855.108.22$148
Jan 20079550.306.73$639
Dec 2006056.656.92$0
Nov 200613254.207.62$1,006
Oct 200612954.906.01$776
Sep 200611160.085.04$559
Aug 200613368.717.34$976
Jul 200613469.376.34$850
Jun 200611066.286.38$702
May 200614566.016.42$932
Apr 200618164.397.36$1,332
Mar 200620956.707.08$1,480
Feb 200617557.597.75$1,356
Jan 200616760.598.93$1,492
Dec 200515354.9413.42$2,053
Nov 200515254.6910.59$1,609
Oct 200515758.3413.80$2,166
Sep 200514261.4512.08$1,715
Aug 200519861.519.80$1,940
Jul 200520455.697.84$1,600
Jun 200523152.337.38$1,705
May 200517945.226.65$1,191
Apr 200515149.207.36$1,111
Mar 200517450.377.15$1,245
Feb 200519845.226.31$1,250
Jan 200514343.166.32$904
Dec 200410939.866.75$736
Nov 200419245.286.33$1,215
Oct 200424049.706.52$1,564
Sep 200427043.245.28$1,427
Aug 200429342.375.55$1,626
Jul 200428838.286.08$1,752

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.

Jun 2008 — as filed, then multipliedworked
Gas                  100 Mcf  × $ 13.03 =     $1,303

────────────────────────────────────────────────────
Month total                                   $1,303

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/202543 is the state's own key, not one this site invented.