PAYNE

Operated by SEGURO WELL SERVICE, INC. (P-5 763294) in the KURTEN (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18816District 03Field 50424900OilCasinghead gasSaveExport
Value, all time
$502 k
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 213 leases and 452 wells, and the rule below applies to all of them.

Discovered
1976-10-15
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-10-14.

The Commission's schedule remark for this field reads: TO THE WELL FOR PRORATION PURPOSES BY 2.5125 BARRELS.

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
OilDisposition4,864 bbl$240,462
Casinghead gasProduction69,284 Mcf$261,791
Total$502,252

19,308 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 30.6890, -96.2324. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.68900, -96.23240 · 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
10,250 ft
1 wells filed one
Completion to plug
29.3 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 10,250 ft.

Completions filed
Aug 1985
1 of 1 wells
Plug dates filed
Dec 2014
1 of 1 wells

Last completion to plug: a median of 29.3 years across the 1 well that filed both dates, with the middle half between 29.3 years and 29.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04131257110,250 ftAug 1985Dec 2014Yes

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 20170050.452.95$0
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 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20146089.394.04$536
Jul 20140096.564.18$0
Jun 2014136998.164.74$13,392
May 201403294.734.73$151
Apr 201405895.944.81$279
Mar 201407295.895.06$364
Feb 201417697.406.19$568
Jan 201407190.404.86$345
Dec 201309691.824.35$418
Nov 201316088.853.74$313
Oct 201309397.423.78$351
Sep 2013166104.113.72$349
Aug 201316875104.253.52$17,778
Jul 20131147102.523.72$649
Jun 201309794.403.93$382
May 201317111394.834.15$16,685
Apr 2013114293.964.28$702
Mar 201317121493.623.91$16,846
Feb 2013011491.233.42$390
Jan 201304291.603.42$144
Dec 201206786.773.42$229
Nov 201206686.953.62$239
Oct 201209189.383.40$309
Sep 201218894.672.92$351
Aug 20121643592.662.91$15,298
Jul 20121703585.133.02$14,578
Jun 201208179.822.52$204
May 201208091.612.49$199
Apr 2012058101.652.00$116
Mar 201216664105.052.22$17,581
Feb 2012044101.102.57$113
Jan 201201398.092.73$36
Dec 201106396.873.24$204
Nov 20110095.723.31$0
Oct 201108584.983.65$310
Sep 201106683.623.99$263
Aug 2011016383.404.15$676
Jul 2011018394.144.52$827
Jun 2011022392.904.64$1,035
May 2011011098.134.40$485
Apr 20110211105.964.33$914
Mar 2011020696.364.06$836
Feb 20110285.644.18$8
Jan 201102186.504.59$96
Dec 201003685.734.35$157
Nov 201004980.843.80$186
Oct 201009978.103.51$347
Sep 2010017472.633.98$692
Aug 2010030473.684.42$1,343
Jul 201016737372.554.74$13,883
Jun 201005570.364.91$270
May 201006971.124.24$292
Apr 201007481.694.12$305
Mar 201001478.394.39$61
Feb 201001073.585.44$54
Jan 201001674.365.96$95
Dec 200902571.445.48$137
Nov 200904874.593.75$180
Oct 200904572.544.11$185
Sep 200904865.543.06$147
Aug 200908967.423.22$286
Jul 2009010061.133.46$346
Jun 2009013766.163.90$534
May 200916816154.743.93$9,828
Apr 2009023046.773.59$825
Mar 200918625942.144.06$8,889
Feb 2009030832.814.63$1,427
Jan 2009013135.865.37$704
Dec 2008031737.105.98$1,895
Nov 2008019155.496.86$1,310
Oct 2008021775.246.92$1,502
Sep 2008097101.767.88$764
Aug 2008115169114.228.48$14,569
Jul 20080121131.0811.39$1,378
Jun 2008099131.3313.03$1,290
May 20080170123.1711.57$1,968
Apr 20080158110.3110.45$1,652
Mar 20080197101.909.66$1,904
Feb 2008015492.538.77$1,351
Jan 2008017890.388.21$1,461
Dec 2007017088.337.30$1,241
Nov 2007018191.677.29$1,320
Oct 2007019682.856.92$1,357
Sep 2007018675.846.24$1,161
Aug 2007021869.066.39$1,393
Jul 200714922070.906.39$11,969
Jun 2007021662.007.55$1,630
May 2007023458.747.85$1,836
Apr 2007021459.617.81$1,670
Mar 2007019856.927.30$1,446
Feb 2007016455.108.22$1,347
Jan 2007018250.306.73$1,224
Dec 2006020356.656.92$1,404
Nov 2006011254.207.62$853
Oct 2006022854.906.01$1,371
Sep 2006021460.085.04$1,078
Aug 2006027968.717.34$2,048
Jul 200615520269.376.34$12,034
Jun 2006049066.286.38$3,128
May 2006051166.016.42$3,283
Apr 2006048164.397.36$3,540
Mar 2006047856.707.08$3,386
Feb 2006037257.597.75$2,883
Jan 2006039960.598.93$3,564
Dec 2005050054.9413.42$6,708
Nov 2005074754.6910.59$7,910
Oct 2005074458.3413.80$10,264
Sep 2005047261.4512.08$5,701
Aug 2005084261.519.80$8,249
Jul 2005060855.697.84$4,769
Jun 200513858152.337.38$11,510
May 2005064945.226.65$4,317
Apr 2005060849.207.36$4,475
Mar 2005069350.377.15$4,958
Feb 2005031345.226.31$1,976
Jan 2005027043.166.32$1,707
Dec 2004028739.866.75$1,938
Nov 2004017245.286.33$1,089
Oct 2004027549.706.52$1,792
Sep 2004020943.245.28$1,104
Aug 200415819542.375.55$7,777
Jul 2004021338.286.08$1,296
Jun 2004025736.106.43$1,653
May 2004030137.486.49$1,955
Apr 2004031334.475.86$1,834
Mar 2004036234.365.53$2,002
Feb 2004038232.455.51$2,105
Jan 2004050632.036.30$3,188
Dec 2003042930.266.30$2,703
Nov 2003035928.804.60$1,650
Oct 2003038028.174.76$1,809
Sep 2003027926.314.75$1,325
Aug 200317338929.765.13$7,144
Jul 2003037929.415.17$1,960
Jun 2003036028.565.98$2,154
May 2003038226.595.97$2,282
Apr 2003043026.675.41$2,325
Mar 2003042131.146.10$2,566
Feb 2003037933.487.93$3,004
Jan 2003050230.315.58$2,802
Dec 2002022126.914.85$1,073
Nov 2002028124.664.14$1,162
Oct 2002038626.464.23$1,632
Sep 200218236027.443.64$6,303
Aug 2002033325.963.16$1,054
Jul 200204824.583.06$147
Jun 200209323.733.34$310
May 200205924.663.58$211
Apr 2002011123.653.51$390
Mar 2002015922.003.10$493
Feb 2002019118.222.38$454
Jan 200207517.172.38$178
Dec 2001017716.932.36$419
Nov 200107918.072.41$190
Oct 200107219.782.53$182
Sep 200105024.262.25$113
Aug 200103824.873.05$116
Jul 20010323.933.20$10
Jun 200119813224.563.82$5,368
May 200107525.524.31$323
Apr 2001020024.685.34$1,067
Mar 2001020124.545.38$1,081
Feb 2001014127.755.77$813
Jan 2001031027.478.40$2,604
Dec 2000030326.889.12$2,764
Nov 20000132.215.66$6
Oct 2000030231.235.15$1,554
Sep 200019322031.875.19$7,292
Aug 2000028329.644.54$1,285
Jul 200019326928.534.09$6,606
Jun 2000020829.304.40$915
May 2000016527.263.68$607
Apr 2000019524.513.12$608
Mar 2000037828.422.86$1,081
Feb 2000028127.622.73$766
Jan 2000048325.272.48$1,198
Dec 1999027924.282.42$676
Nov 1999030223.192.43$735
Oct 1999036120.982.80$1,012
Sep 1999043321.752.62$1,134
Aug 1999032919.262.88$946
Jul 1999037217.892.37$883
Jun 1999034815.942.36$822
May 1999035815.792.32$831
Apr 1999025015.102.21$552
Mar 1999025912.471.84$476
Feb 199902309.981.82$418
Jan 1999032310.381.90$614
Dec 199804209.201.77$745
Nov 1998040010.892.19$874
Oct 1998034412.421.97$677
Sep 1998041712.592.08$868
Aug 1998032311.301.91$616
Jul 1998026311.742.24$588
Jun 1998035611.242.24$796
May 199818243212.622.21$3,250
Apr 1998036213.042.51$907
Mar 1998035512.802.31$820
Feb 1998033413.952.30$768
Jan 1998039814.702.15$858
Dec 1997032216.322.41$776
Nov 1997046518.193.09$1,436
Oct 1997051619.253.15$1,625
Sep 199719541917.742.95$4,697
Aug 1997039917.862.55$1,019
Jul 1997040017.582.25$899
Jun 1997036617.242.26$826
May 1997029718.972.31$686
Apr 1997037217.882.08$775
Mar 1997043918.951.94$851
Feb 1997031420.492.21$693
Jan 1997044623.483.54$1,579
Dec 1996027323.32$0
Nov 199618932721.97$4,152
Oct 1996022623.31$0
Sep 1996032722.22$0
Aug 1996036920.26$0
Jul 1996042419.55$0
Jun 1996035518.73$0
May 1996028519.43$0
Apr 1996032321.51$0
Mar 1996030619.38$0
Feb 199618129416.98$3,073
Jan 1996030417.07$0
Dec 1995040917.19$0
Nov 1995032416.00$0
Oct 1995021915.43$0
Sep 1995038916.18$0
Aug 1995033515.92$0
Jul 199518835915.24$2,865
Jun 1995028916.41$0
May 1995042217.56$0
Apr 1995045317.73$0
Mar 1995039916.44$0
Feb 1995038316.58$0
Jan 1995040615.92$0
Dec 199413546415.03$2,029
Nov 1994051615.90$0
Oct 1994015415.58$0
Sep 1994034215.29$0
Aug 1994050916.13$0
Jul 1994042217.56$0
Jun 1994026417.09$0
May 199418038615.88$2,858
Apr 1994053414.14$0
Mar 1994078412.46$0
Feb 1994033712.50$0
Jan 1994047612.66$0
Dec 199313750012.33$1,689
Nov 1993043914.49$0
Oct 1993149415.85$16
Sep 1993046715.03$0
Aug 1993050415.66$0
Jul 1993040015.46$0
Jun 1993046816.79$0
May 199314358417.68$2,528
Apr 1993030518.05$0
Mar 1993081918.14$0
Feb 1993052117.90$0
Jan 1993041916.93$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.

Aug 2014 — as filed, then multipliedworked
Oil                    6 bbl  × $ 89.39 =       $536
Casinghead gas         0 Mcf  × $  4.04 =         $0

────────────────────────────────────────────────────
Month total                                     $536

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/18816 is the state's own key, not one this site invented.