MAYES, M. E.

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the MAYES, WEST (F-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12721District 03Field 58654500NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 1 leases and 2 wells, and the rule below applies to all of them.

Discovered
1980-01-10
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA4none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition121,412 bbl$3,886,981
Casinghead gasProduction135 Mcf$337
Total$3,887,318

48 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 29.5627, -94.7250. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.56271, -94.72499 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
10,536 ft
2 wells filed one
Completion to plug
34.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 9,718 and 11,353 ft, median 10,536 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1980 – Oct 1980
2 of 2 wells
Plug dates filed
Feb 2008 – Mar 2021
2 of 2 wells

Last completion to plug: a median of 34.3 years across the 2 wells that filed both dates, with the middle half between 31.2 years and 37.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0713102839,718 ftOct 1980Mar 2021Yes
42-07130980111,353 ftJan 1980Feb 2008Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201797050.452.95$4,894
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015183032.362.00$5,922
Nov 2015180038.792.17$6,982
Oct 2015178043.552.43$7,752
Sep 2015159042.992.76$6,835
Aug 2015173040.162.87$6,948
Jul 2015337048.152.95$16,227
Jun 2015172056.152.88$9,658
May 2015169055.212.96$9,330
Apr 2015345049.822.71$17,188
Mar 20150042.892.93$0
Feb 2015349044.662.98$15,586
Jan 20150043.433.10$0
Dec 2014174054.693.59$9,516
Nov 2014170070.464.25$11,978
Oct 2014169078.303.90$13,233
Sep 2014168086.164.05$14,475
Aug 20140089.394.04$0
Jul 2014168096.564.18$16,222
Jun 2014175098.164.74$17,178
May 2014168094.734.73$15,915
Apr 2014161095.944.81$15,446
Mar 2014169095.895.06$16,205
Feb 2014170097.406.19$16,558
Jan 2014171090.404.86$15,458
Dec 2013170091.824.35$15,609
Nov 2013170088.853.74$15,105
Oct 2013168097.423.78$16,367
Sep 20133340104.113.72$34,773
Aug 20131950104.253.52$20,329
Jul 20131940102.523.72$19,889
Jun 2013164094.403.93$15,482
May 2013145094.834.15$13,750
Apr 2013375093.964.28$35,235
Mar 2013194093.623.91$18,162
Feb 2013312091.233.42$28,464
Jan 2013132091.603.42$12,091
Dec 2012266086.773.42$23,081
Nov 2012282086.953.62$24,520
Oct 2012165089.383.40$14,748
Sep 2012165094.672.92$15,621
Aug 2012158092.662.91$14,640
Jul 2012166085.133.02$14,132
Jun 2012165079.822.52$13,170
May 2012327091.612.49$29,956
Apr 20121590101.652.00$16,162
Mar 20123240105.052.22$34,036
Feb 20121790101.102.57$18,097
Jan 2012317098.092.73$31,095
Dec 2011334096.873.24$32,355
Nov 2011326095.723.31$31,205
Oct 2011163084.983.65$13,852
Sep 2011159083.623.99$13,296
Aug 2011304083.404.15$25,354
Jul 2011167094.144.52$15,721
Jun 2011178092.904.64$16,536
May 2011157098.134.40$15,406
Apr 20111690105.964.33$17,907
Mar 2011655096.364.06$63,116
Feb 20110085.644.18$0
Jan 2011160086.504.59$13,840
Dec 2010321085.734.35$27,519
Nov 2010329080.843.80$26,596
Oct 2010332078.103.51$25,929
Sep 2010335072.633.98$24,331
Aug 2010347073.684.42$25,567
Jul 2010168072.554.74$12,188
Jun 2010174070.364.91$12,243
May 2010345071.124.24$24,536
Apr 2010170081.694.12$13,887
Mar 2010337078.394.39$26,417
Feb 2010483073.585.44$35,539
Jan 2010324074.365.96$24,093
Dec 2009491071.445.48$35,077
Nov 2009167074.593.75$12,457
Oct 2009327072.544.11$23,721
Sep 2009479065.543.06$31,394
Aug 2009171067.423.22$11,529
Jul 2009488061.133.46$29,831
Jun 2009330066.163.90$21,833
May 2009328054.743.93$17,955
Apr 2009326046.773.59$15,247
Mar 2009491042.144.06$20,691
Feb 2009327032.814.63$10,729
Jan 2009509035.865.37$18,253
Dec 2008325037.105.98$12,058
Nov 2008160055.496.86$8,878
Oct 2008501075.246.92$37,695
Sep 20081700101.767.88$17,299
Aug 20083330114.228.48$38,035
Jul 2008780131.0811.39$10,224
Jun 20081680131.3313.03$22,063
May 20081630123.1711.57$20,077
Apr 20081640110.3110.45$18,091
Mar 200800101.909.66$0
Feb 2008334092.538.77$30,905
Jan 2008170090.388.21$15,365
Dec 20070088.337.30$0
Nov 2007168091.677.29$15,401
Oct 20070082.856.92$0
Sep 2007169075.846.24$12,817
Aug 2007199069.066.39$13,743
Jul 2007178070.906.39$12,620
Jun 2007169062.007.55$10,478
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007166056.927.30$9,449
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006168056.656.92$9,517
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20061069.376.34$69
Jun 2006169066.286.38$11,201
May 2006171066.016.42$11,288
Apr 20060064.397.36$0
Mar 2006343056.707.08$19,448
Feb 2006172057.597.75$9,905
Jan 20060060.598.93$0
Dec 2005323054.9413.42$17,746
Nov 2005358054.6910.59$19,579
Oct 20050058.3413.80$0
Sep 2005331061.4512.08$20,340
Aug 2005343061.519.80$21,098
Jul 2005168055.697.84$9,356
Jun 2005502052.337.38$26,270
May 2005833045.226.65$37,668
Apr 2005347049.207.36$17,072
Mar 2005333050.377.15$16,773
Feb 2005343045.226.31$15,510
Jan 2005338043.166.32$14,588
Dec 2004335139.866.75$13,360
Nov 2004425145.286.33$19,250
Oct 2004559149.706.52$27,789
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 2004360137.486.49$13,499
Apr 2004512134.475.86$17,655
Mar 2004180134.365.53$6,190
Feb 2004672132.455.51$21,812
Jan 2004229132.036.30$7,341
Dec 2003359130.266.30$10,870
Nov 2003188128.804.60$5,419
Oct 2003529128.174.76$14,907
Sep 20030126.314.75$5
Aug 2003179129.765.13$5,332
Jul 2003183129.415.17$5,387
Jun 2003358128.565.98$10,230
May 2003537126.595.97$14,285
Apr 2003182126.675.41$4,859
Mar 2003533131.146.10$16,604
Feb 2003716133.487.93$23,980
Jan 20030130.315.58$6
Dec 2002490126.914.85$13,191
Nov 2002183124.664.14$4,517
Oct 2002466126.464.23$12,335
Sep 2002551127.443.64$15,123
Aug 2002177125.963.16$4,598
Jul 2002540124.583.06$13,276
Jun 2002524123.733.34$12,438
May 2002353124.663.58$8,709
Apr 2002364123.653.51$8,612
Mar 2002371122.003.10$8,165
Feb 2002552118.222.38$10,060
Jan 2002366117.172.38$6,287
Dec 2001532116.932.36$9,009
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 2001541124.262.25$13,127
Aug 20010024.873.05$0
Jul 2001185123.933.20$4,430
Jun 2001185024.563.82$4,544
May 2001366025.524.31$9,340
Apr 2001381024.685.34$9,403
Mar 2001567124.545.38$13,920
Feb 2001184127.755.77$5,112
Jan 2001377127.478.40$10,365
Dec 2000332126.889.12$8,933
Nov 2000543132.215.66$17,496
Oct 2000530031.235.15$16,552
Sep 2000178131.875.19$5,678
Aug 2000538129.644.54$15,951
Jul 2000364128.534.09$10,389
Jun 2000361129.304.40$10,582
May 2000180127.263.68$4,910
Apr 200094124.513.12$2,307
Mar 2000719128.422.86$20,437
Feb 2000368127.622.73$10,167
Jan 2000546125.272.48$13,800
Dec 1999412124.282.42$10,006
Nov 1999545123.192.43$12,641
Oct 1999548120.982.80$11,500
Sep 1999372121.752.62$8,094
Aug 1999544019.262.88$10,477
Jul 1999370117.892.37$6,622
Jun 1999538115.942.36$8,578
May 1999551015.792.32$8,700
Apr 1999449115.102.21$6,782
Mar 1999727112.471.84$9,068
Feb 199935719.981.82$3,565
Jan 1999566110.381.90$5,877
Dec 199856419.201.77$5,191
Nov 1998559110.892.19$6,090
Oct 1998553012.421.97$6,868
Sep 1998534012.592.08$6,723
Aug 1998364111.301.91$4,115
Jul 1998720111.742.24$8,455
Jun 1998361111.242.24$4,060
May 1998547112.622.21$6,905
Apr 1998532113.042.51$6,940
Mar 1998549112.802.31$7,030
Feb 1998363113.952.30$5,066
Jan 1998546114.702.15$8,028
Dec 1997739116.322.41$12,063
Nov 1997358118.193.09$6,515
Oct 1997720119.253.15$13,863
Sep 1997533117.742.95$9,458
Aug 1997534117.862.55$9,540
Jul 1997706117.582.25$12,414
Jun 1997546117.242.26$9,415
May 1997535118.972.31$10,151
Apr 1997544117.882.08$9,729
Mar 1997728118.951.94$13,798
Feb 1997528120.492.21$10,821
Jan 1997563123.483.54$13,223
Dec 1996732123.32$17,070
Nov 1996527121.97$11,578
Oct 1996710123.31$16,550
Sep 1996700122.22$15,554
Aug 1996729120.26$14,770
Jul 1996904119.55$17,673
Jun 1996735118.73$13,767
May 1996725119.43$14,087
Apr 1996923121.51$19,854
Mar 1996750119.38$14,535
Feb 1996753116.98$12,786
Jan 1996555117.07$9,474
Dec 1995730117.19$12,549
Nov 1995935116.00$14,960
Oct 1995909115.43$14,026
Sep 1995718116.18$11,617
Aug 19951,100115.92$17,512
Jul 1995737115.24$11,232
Jun 1995922116.41$15,130
May 19951,084117.56$19,035
Apr 1995723117.73$12,819
Mar 19951,289116.44$21,191
Feb 19951,271116.58$21,073
Jan 19951,250115.92$19,900
Dec 19941,073115.03$16,127
Nov 19941,593115.90$25,329
Oct 19941,268115.58$19,755
Sep 19941,272115.29$19,449
Aug 19941,093116.13$17,630
Jul 19941,431117.56$25,128
Jun 19941,445117.09$24,695
May 19941,428115.88$22,677
Apr 19941,412114.14$19,966
Mar 19941,605112.46$19,998
Feb 19941,436112.50$17,950
Jan 19941,623112.66$20,547
Dec 19931,606112.33$19,802
Nov 19931,560114.49$22,604
Oct 19931,955115.85$30,987
Sep 19931,233115.03$18,532
Aug 19931,071115.66$16,772
Jul 19931,071115.46$16,558
Jun 19931,264116.79$21,223
May 19931,420117.68$25,106
Apr 19931,013118.05$18,285
Mar 19931,393118.14$25,269
Feb 19931,093117.90$19,565
Jan 19931,234116.93$20,892

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.

Feb 2017 — as filed, then multipliedworked
Oil                   97 bbl  × $ 50.45 =     $4,894
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $4,894

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/O/12721 is the state's own key, not one this site invented.