SBY PARTNERSHIP

Operated by NORTHFIELD ENTERPRISES, INC. (P-5 614551) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17914District 03Field 50424500NGPA filingOilCasinghead gasSaveExport
Value, all time
$502 k
Jan 1993 – Mar 2011
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
219
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 456 leases and 533 wells, and the rule below applies to all of them.

Discovered
1976-12-02
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 2015-03-24.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SET TO 100 % ACRES.

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
OilDisposition21,527 bbl$481,869
Casinghead gasProduction16,941 Mcf$20,074
Total$501,943

9,486 Mcf of this lease's gas, across 40 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 30.7264, -96.4441. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72639, -96.44414 · 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
8,585 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 8,585 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-0413113228,585 ftJan 2010Yes

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 (219)

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

219 months

Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011536086.504.59$46,364
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 200642060.085.04$2,523
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 20052054.9413.42$110
Nov 2005188054.6910.59$10,282
Oct 2005180058.3413.80$10,501
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005183045.226.65$8,275
Apr 20050049.207.36$0
Mar 2005183050.377.15$9,218
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004196034.365.53$6,735
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003369026.595.97$9,812
Apr 20030026.675.41$0
Mar 2003181031.146.10$5,636
Feb 20030033.487.93$0
Jan 2003547030.315.58$16,580
Dec 2002544026.914.85$14,639
Nov 2002361024.664.14$8,902
Oct 20020026.464.23$0
Sep 2002181027.443.64$4,967
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002361024.663.58$8,902
Apr 2002339023.653.51$8,017
Mar 2002346022.003.10$7,612
Feb 2002185018.222.38$3,371
Jan 2002180017.172.38$3,091
Dec 2001172016.932.36$2,912
Nov 2001182018.072.41$3,289
Oct 2001195019.782.53$3,857
Sep 2001180024.262.25$4,367
Aug 20010024.873.05$0
Jul 2001537023.933.20$12,850
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001210027.755.77$5,828
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 200004831.235.15$247
Sep 200018415031.875.19$6,642
Aug 2000014729.644.54$667
Jul 200039414628.534.09$11,838
Jun 2000014329.304.40$629
May 200017716427.263.68$5,429
Apr 2000023624.513.12$735
Mar 200018127428.422.86$5,928
Feb 200017825427.622.73$5,609
Jan 2000012625.272.48$313
Dec 199918414724.282.42$4,824
Nov 199917820923.192.43$4,637
Oct 1999028020.982.80$785
Sep 199918525621.752.62$4,694
Aug 199936234419.262.88$7,961
Jul 1999333717.892.37$853
Jun 1999193915.942.36$3,098
May 199955037715.792.32$9,560
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999049.981.82$7
Jan 19991785510.381.90$1,952
Dec 19980289.201.77$50
Nov 199836610510.892.19$4,215
Oct 199806612.421.97$130
Sep 199836434212.592.08$5,295
Aug 19980011.301.91$0
Jul 1998014211.742.24$318
Jun 199835628411.242.24$4,637
May 19981791212.622.21$2,285
Apr 199805013.042.51$125
Mar 199817810212.802.31$2,514
Feb 199803913.952.30$90
Jan 199818521014.702.15$3,172
Dec 1997110416.322.41$267
Nov 199718212918.193.09$3,709
Oct 199718518519.253.15$4,144
Sep 199709217.742.95$272
Aug 199718023317.862.55$3,810
Jul 1997024617.582.25$553
Jun 199717725317.242.26$3,623
May 199717739318.972.31$4,265
Apr 1997180017.882.08$3,218
Mar 199718028418.951.94$3,962
Feb 1997027520.492.21$607
Jan 199717617523.483.54$4,752
Dec 199618224423.32$4,244
Nov 199618218021.97$3,999
Oct 1996118023.31$23
Sep 199617828822.22$3,955
Aug 199618321520.26$3,708
Jul 19961808719.55$3,519
Jun 19961824118.73$3,409
May 19960019.43$0
Apr 19961828421.51$3,915
Mar 199618921919.38$3,663
Feb 19961823616.98$3,090
Jan 1996179017.07$3,056
Dec 19950017.19$0
Nov 1995180116.00$2,880
Oct 19951812615.43$2,793
Sep 199518240216.18$2,945
Aug 199535545715.92$5,652
Jul 1995021515.24$0
Jun 19951785216.41$2,921
May 199536125617.56$6,339
Apr 199518428517.73$3,262
Mar 199517755416.44$2,910
Feb 199535654116.58$5,902
Jan 199518311815.92$2,913
Dec 199418316415.03$2,750
Nov 19940015.90$0
Oct 1994180715.58$2,804
Sep 19941803415.29$2,752
Aug 199435814716.13$5,775
Jul 19940017.56$0
Jun 199436321317.09$6,204
May 199417816115.88$2,827
Apr 19940014.14$0
Mar 19943324312.46$4,137
Feb 19940012.50$0
Jan 19940012.66$0
Dec 199334036812.33$4,192
Nov 199318635314.49$2,695
Oct 199317639215.85$2,790
Sep 199334737015.03$5,215
Aug 199317529915.66$2,741
Jul 199317736815.46$2,736
Jun 199334939016.79$5,860
May 199317436417.68$3,076
Apr 199336428718.05$6,570
Mar 199317948818.14$3,247
Feb 199335329117.90$6,319
Jan 199318326616.93$3,098

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.

Jan 2011 — as filed, then multipliedworked
Oil                  536 bbl  × $ 86.50 =    $46,364
Casinghead gas         0 Mcf  × $  4.59 =         $0

────────────────────────────────────────────────────
Month total                                  $46,364

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/17914 is the state's own key, not one this site invented.