MUZNY

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the CALDWELL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15856District 03Field 14710500NGPA filingOilCasinghead gasSaveExport
Value, all time
$205 k
Jan 1993 – Jan 2007
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
169
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 256 leases and 330 wells, and the rule below applies to all of them.

Discovered
1978-06-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-11-25.

The Commission's schedule remark for this field reads: PER DOCKET 3-97101 EFF 11-25-91, PERM RULES. 80 ACRE OPT/3250 DIAG

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
NGPA1none

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
OilDisposition8,132 bbl$160,555
Casinghead gasProduction33,409 Mcf$44,079
Total$204,634

19,221 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 (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 30.3649, -96.7663. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.36485, -96.76627 · 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
7,806 ft
1 wells filed one
Completion to plug
24.4 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 7,806 ft.

Completions filed
Jun 1982
1 of 1 wells
Plug dates filed
Nov 2006
1 of 1 wells

Last completion to plug: a median of 24.4 years across the 1 well that filed both dates, with the middle half between 24.4 years and 24.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0513197217,806 ftJun 1982Nov 2006Yes

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 (169)

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

169 months

Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200660054.207.62$3,252
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200401645.286.33$101
Oct 200401649.706.52$104
Sep 200408443.245.28$444
Aug 2004010442.375.55$577
Jul 200458514338.286.08$23,264
Jun 200408236.106.43$528
May 200404237.486.49$273
Apr 200403734.475.86$217
Mar 200404334.365.53$238
Feb 20040732.455.51$39
Jan 200401332.036.30$82
Dec 200302030.266.30$126
Nov 200301228.804.60$55
Oct 200305628.174.76$267
Sep 2003011226.314.75$532
Aug 200318813329.765.13$6,277
Jul 2003013329.415.17$688
Jun 2003016328.565.98$975
May 2003014226.595.97$848
Apr 2003012826.675.41$692
Mar 200309131.146.10$555
Feb 200303633.487.93$285
Jan 20031822230.315.58$5,639
Dec 200212726.914.85$158
Nov 200203024.664.14$124
Oct 200209026.464.23$381
Sep 200206127.443.64$222
Aug 200202425.963.16$76
Jul 200202724.583.06$83
Jun 2002011923.733.34$397
May 200209224.663.58$330
Apr 200206123.653.51$214
Mar 200207022.003.10$217
Feb 20021784918.222.38$3,360
Jan 200202117.172.38$50
Dec 20011604916.932.36$2,825
Nov 2001020618.072.41$496
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001171024.873.05$4,253
Jul 2001013623.933.20$435
Jun 200105924.563.82$226
May 2001111025.524.31$499
Apr 2001014524.685.34$774
Mar 200109724.545.38$522
Feb 2001027127.755.77$1,563
Jan 200102127.478.40$176
Dec 200001226.889.12$109
Nov 200001032.215.66$57
Oct 200009731.235.15$499
Sep 2000110131.875.19$556
Aug 200017119429.644.54$5,949
Jul 200009828.534.09$401
Jun 200009929.304.40$435
May 2000012427.263.68$456
Apr 200017015924.513.12$4,662
Mar 2000010728.422.86$306
Feb 2000012827.622.73$349
Jan 2000018125.272.48$449
Dec 199907224.282.42$175
Nov 1999013423.192.43$326
Oct 199928917520.982.80$6,554
Sep 1999021121.752.62$553
Aug 1999134919.262.88$1,023
Jul 1999014917.892.37$353
Jun 1999027015.942.36$638
May 1999034615.792.32$803
Apr 1999012615.102.21$278
Mar 199918233212.471.84$2,880
Feb 19991823469.981.82$2,445
Jan 1999011610.381.90$220
Dec 199801339.201.77$236
Nov 1998028110.892.19$614
Oct 1998033112.421.97$652
Sep 19980012.592.08$0
Aug 1998218911.301.91$383
Jul 1998017611.742.24$394
Jun 1998024011.242.24$537
May 1998038512.622.21$849
Apr 1998035113.042.51$879
Mar 1998044112.802.31$1,018
Feb 199813623213.952.30$2,431
Jan 1998037814.702.15$815
Dec 1997025616.322.41$617
Nov 199717936818.193.09$4,392
Oct 1997038119.253.15$1,200
Sep 1997037117.742.95$1,096
Aug 199713935117.862.55$3,379
Jul 1997142417.582.25$970
Jun 199715926517.242.26$3,339
May 1997022218.972.31$512
Apr 1997018917.882.08$394
Mar 1997023918.951.94$463
Feb 1997032720.492.21$721
Jan 199718232223.483.54$5,413
Dec 1996040423.32$0
Nov 1996119521.97$22
Oct 199614924823.31$3,473
Sep 1996031322.22$0
Aug 199616024120.26$3,242
Jul 1996029319.55$0
Jun 1996022118.73$0
May 199613224019.43$2,565
Apr 1996123221.51$22
Mar 199618024419.38$3,488
Feb 1996077516.98$0
Jan 1996026717.07$0
Dec 199514224817.19$2,441
Nov 1995023416.00$0
Oct 199514537215.43$2,237
Sep 1995034816.18$0
Aug 19957737615.92$1,226
Jul 199516433515.24$2,499
Jun 1995033716.41$0
May 199517536817.56$3,073
Apr 1995023417.73$0
Mar 199517537816.44$2,877
Feb 1995030716.58$0
Jan 199517439515.92$2,770
Dec 1994044515.03$0
Nov 199418143215.90$2,878
Oct 1994041315.58$0
Sep 199413546415.29$2,064
Aug 199417845616.13$2,871
Jul 1994146117.56$18
Jun 199416341017.09$2,786
May 199417943115.88$2,843
Apr 1994042814.14$0
Mar 199418344412.46$2,280
Feb 199417743712.50$2,213
Jan 199418049612.66$2,279
Dec 1993145612.33$12
Nov 199317450714.49$2,521
Oct 199314551315.85$2,298
Sep 199317949815.03$2,690
Aug 19931115.66$16
Jul 199329356415.46$4,530
Jun 1993071016.79$0
May 199318071617.68$3,182
Apr 199318166818.05$3,267
Mar 1993258118.14$4,680
Feb 199316675617.90$2,971
Jan 199318290916.93$3,081

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.

Nov 2006 — as filed, then multipliedworked
Oil                   60 bbl  × $ 54.20 =     $3,252
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                   $3,252

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/15856 is the state's own key, not one this site invented.