BP FAIRFIELD

Operated by CIMAREX ENERGY CO. (P-5 153438) in the PERL (YEGUA MIDDLE EY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 258715District 03Field 70606495CondensateGasSave
Value, all time
$37.2 M
Jun 2010 – Dec 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
43
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition279,306 bbl$24,015,669
GasProduction3,313,083 Mcf$13,154,298
Total$37,169,967

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 30.1098, -94.1857. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.10979, -94.18572 · 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
12,324 ft
1 wells filed one
Completion to plug
3.5 years
median over 1 wells

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 12,324 ft.

Completions filed
Jun 2010
1 of 1 wells
Plug dates filed
Dec 2013
1 of 1 wells

Last completion to plug: a median of 3.5 years across the 1 well that filed both dates, with the middle half between 3.5 years and 3.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-245326091ST12,324 ftJun 2010Dec 2013Yes

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 (43)

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

43 months

Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012037186.773.42$1,269
Nov 20122,28336,14586.953.62$329,531
Oct 20122,57640,59789.383.40$368,260
Sep 20122,36738,11794.672.92$335,325
Aug 20122,47836,65392.662.91$336,204
Jul 20122,55836,96285.133.02$329,417
Jun 20122,54638,95779.822.52$301,356
May 20122,39434,05891.612.49$304,062
Apr 20122,81137,866101.652.00$361,349
Mar 20123,00144,738105.052.22$414,666
Feb 20122,91834,614101.102.57$383,976
Jan 20123,09135,15398.092.73$399,307
Dec 20113,51242,73596.873.24$478,658
Nov 20113,71445,13495.723.31$504,955
Oct 20114,01847,99384.983.65$516,554
Sep 20114,84658,83783.623.99$639,735
Aug 20115,77470,12283.404.15$772,510
Jul 20118,740110,45594.144.52$1,321,735
Jun 20119,775121,48492.904.64$1,471,769
May 201111,318133,38898.134.40$1,698,185
Apr 201110,813122,877105.964.33$1,678,206
Mar 201114,969162,76296.364.06$2,102,794
Feb 201121,012241,55985.644.18$2,809,179
Jan 201126,982313,06386.504.59$3,770,520
Dec 201027,973312,91585.734.35$3,758,601
Nov 201025,994297,96780.843.80$3,232,238
Oct 201025,667297,01178.103.51$3,046,772
Sep 201022,265253,93272.633.98$2,627,622
Aug 201020,648230,65573.684.42$2,540,692
Jul 20102,26335,96372.554.74$334,519
Jun 20100070.364.91$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.

Dec 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 86.77 =         $0
Gas                  371 Mcf  × $  3.42 =     $1,269

────────────────────────────────────────────────────
Month total                                   $1,269

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/258715 is the state's own key, not one this site invented.