BUNYAN, PAUL

Operated by SOUTHERN BAY OPERATING, L.L.C. (P-5 803494) in the WOODVILLE (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243571District 03Field 98700700CondensateGasSaveExport
Value, all time
$1.5 M
Jul 2006 – Jun 2012
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
72
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1976-04-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,867 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1978-10-02.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2009.

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
CondensateDisposition15 bbl$1,105
GasProduction224,155 Mcf$1,507,581
Total$1,508,686

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 30.7209, -94.4284. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72091, -94.42840 · 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
16,280 ft
1 wells filed one
Completion to plug
6.1 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 16,280 ft.

Completions filed
May 2006
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 6.1 years across the 1 well that filed both dates, with the middle half between 6.1 years and 6.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-45730619116,280 ftMay 2006Jun 2012Yes

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 (72)

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

72 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201101596.873.24$49
Nov 2011038195.723.31$1,262
Oct 2011012184.983.65$441
Sep 2011059083.623.99$2,352
Aug 2011030083.404.15$1,245
Jul 2011019594.144.52$881
Jun 2011029792.904.64$1,378
May 2011012498.134.40$546
Apr 2011044105.964.33$191
Mar 201103596.364.06$142
Feb 2011032185.644.18$1,342
Jan 2011041786.504.59$1,914
Dec 2010020285.734.35$878
Nov 201007780.843.80$292
Oct 2010033378.103.51$1,168
Sep 2010027872.633.98$1,106
Aug 201015073.684.42$1,105
Jul 2010018872.554.74$890
Jun 201006170.364.91$300
May 201006371.124.24$267
Apr 2010026581.694.12$1,093
Mar 2010027178.394.39$1,189
Feb 2010022273.585.44$1,208
Jan 2010025074.365.96$1,491
Dec 2009027571.445.48$1,508
Nov 2009029474.593.75$1,103
Oct 2009056472.544.11$2,318
Sep 200909165.543.06$279
Aug 2009020867.423.22$669
Jul 2009031061.133.46$1,074
Jun 2009029666.163.90$1,153
May 2009054454.743.93$2,136
Apr 2009025346.773.59$908
Mar 2009038642.144.06$1,567
Feb 2009043632.814.63$2,020
Jan 2009044035.865.37$2,363
Dec 2008045437.105.98$2,714
Nov 2008037755.496.86$2,586
Oct 2008024975.246.92$1,724
Sep 20080407101.767.88$3,206
Aug 20080243114.228.48$2,061
Jul 20080270131.0811.39$3,075
Jun 20080253131.3313.03$3,297
May 20080272123.1711.57$3,148
Apr 20080294110.3110.45$3,074
Mar 20080312101.909.66$3,015
Feb 2008027792.538.77$2,429
Jan 2008035790.388.21$2,929
Dec 2007044488.337.30$3,242
Nov 2007022691.677.29$1,648
Oct 2007043082.856.92$2,976
Sep 2007012875.846.24$799
Aug 2007042169.066.39$2,689
Jul 200701,07170.906.39$6,841
Jun 200703,61162.007.55$27,257
May 200704,29658.747.85$33,708
Apr 200704,49759.617.81$35,100
Mar 200701,57556.927.30$11,501
Feb 2007089055.108.22$7,312
Jan 200703,48250.306.73$23,423
Dec 200605,26756.656.92$36,439
Nov 200605,60954.207.62$42,726
Oct 200602,00254.906.01$12,040
Sep 2006030,21060.085.04$152,174
Aug 20060103,09768.717.34$756,724
Jul 2006043,98769.376.34$278,999

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.

Dec 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.87 =         $0
Gas                   15 Mcf  × $  3.24 =        $49

────────────────────────────────────────────────────
Month total                                      $49

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/243571 is the state's own key, not one this site invented.