PAYNE RANCH UNIT

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) 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 24997District 03Field 50424500OilCasinghead gasSaveExport
Value, all time
$6.8 M
Oct 2006 – May 2026
Value, last 12 filed months
$211 k
at the published price for each month
Months reported
236
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.

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
OilDisposition94,432 bbl$6,255,889
Casinghead gasProduction108,720 Mcf$575,744
Total$6,831,632

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 30.8306, -96.2495. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.83059, -96.24954 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,652 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
00.0%
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.
1100.0%

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 8,652 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-0413198418,652 ftOct 2006

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 (236)

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

236 months

May 20261128106.413.05$496
Apr 202618840898.932.87$19,770
Mar 202617912489.753.15$16,456
Feb 202636229463.503.75$24,090
Jan 2026164959.138.00$9,769
Dec 20251849656.664.41$10,849
Nov 202517015758.593.93$10,577
Oct 202552422759.383.30$31,865
Sep 202517351662.743.08$12,442
Aug 202553732463.933.01$35,307
Jul 202518151466.743.32$13,784
Jun 202536255966.483.13$25,815
May 202536213460.553.23$22,352
Apr 202535316862.363.54$22,608
Mar 202534524167.704.27$24,385
Feb 202536518070.884.34$26,653
Jan 202534117174.324.28$26,075
Dec 202454625068.993.12$38,449
Nov 202454932569.052.20$38,623
Oct 202436039071.372.28$26,583
Sep 202469858569.612.36$49,971
Aug 20241,08967975.632.06$83,762
Jul 202418019179.932.15$14,797
Jun 20242,8241,49378.082.63$224,430
May 20241,083078.812.20$85,351
Apr 2024172784.451.66$14,537
Mar 202419010680.301.55$15,421
Feb 2024163276.091.78$12,406
Jan 20243602673.023.30$26,373
Dec 202317418171.262.61$12,872
Nov 202316813277.892.81$13,456
Oct 202316815685.443.09$14,836
Sep 202335010889.042.74$31,459
Aug 202318323580.522.67$15,363
Jul 202317596974.852.64$15,659
Jun 202318151368.962.26$13,640
May 20231751,16570.622.23$14,953
Apr 20233541,21278.122.24$30,367
Mar 202311,09472.852.39$2,691
Feb 202337378375.112.47$29,947
Jan 202334797576.533.39$29,859
Dec 2022187376.415.73$5,078
Nov 202236166185.005.65$34,417
Oct 202236326887.185.86$33,218
Sep 202216715484.888.16$15,432
Aug 202218731794.529.13$20,569
Jul 2022359374101.587.54$39,288
Jun 2022177474115.097.98$24,152
May 2022533277109.378.43$60,630
Apr 2022018104.226.84$123
Mar 2022021108.885.08$107
Feb 202204191.054.86$199
Jan 20221904781.844.54$15,763
Dec 202105171.323.90$199
Nov 2021017177.435.24$896
Oct 20213222679.795.71$25,841
Sep 202140022269.865.35$29,132
Aug 202103666.024.22$152
Jul 2021015870.783.98$629
Jun 202118712969.493.38$13,431
May 202108863.483.02$266
Apr 202118426460.362.76$11,834
Mar 202105161.302.72$139
Feb 202109657.805.55$533
Jan 20211801350.412.81$9,110
Dec 2020016244.642.68$433
Nov 202033525138.772.71$13,667
Oct 202018248436.972.48$7,928
Sep 202035854037.091.99$14,353
Aug 202054947039.982.39$23,070
Jul 202017629238.371.83$7,286
Jun 202036025134.901.69$12,988
May 202036645116.921.81$7,011
Apr 202036728714.751.80$5,931
Mar 202037023430.341.86$11,660
Feb 202036818749.881.98$18,726
Jan 202017615457.252.09$10,399
Dec 201937312359.012.30$22,294
Nov 201936913855.302.75$20,785
Oct 201954713453.472.42$29,572
Sep 201970918455.052.66$39,519
Aug 201936319253.112.30$19,721
Jul 201952919156.272.46$30,237
Jun 2019013752.782.49$341
May 201952519158.482.74$31,225
Apr 201935818262.632.75$22,922
Mar 201936423156.803.06$21,383
Feb 201918920450.852.79$10,180
Jan 201936017646.033.23$17,139
Dec 201835326446.594.19$17,551
Nov 201819114252.934.24$10,711
Oct 2018010361.443.40$350
Sep 201817815059.543.11$11,064
Aug 201817724859.403.07$11,274
Jul 201818617465.142.93$12,626
Jun 201817019660.183.08$10,834
May 201817618465.382.90$12,041
Apr 201819118363.842.90$12,724
Mar 201819120661.222.79$12,267
Feb 2018018661.782.77$515
Jan 201836023262.874.01$23,563
Dec 2017017057.272.92$497
Nov 201718817355.423.12$10,958
Oct 201718314049.292.98$9,438
Sep 201717415947.523.09$8,759
Aug 201718112545.373.00$8,588
Jul 201718319643.873.09$8,633
Jun 201718117042.493.09$8,216
May 201718320645.373.26$8,975
Apr 2017011947.933.21$382
Mar 201718117746.772.98$8,993
Feb 201717216050.452.95$9,150
Jan 201716514749.413.42$8,655
Dec 201618120448.763.72$9,585
Nov 201617014042.492.64$7,594
Oct 201617311846.193.09$8,356
Sep 201617116741.553.10$7,623
Aug 201617116041.442.92$7,554
Jul 201617117741.622.92$7,635
Jun 201616117745.352.69$7,777
May 201617817242.521.99$7,911
Apr 201617116636.561.99$6,582
Mar 201616919733.011.79$5,932
Feb 201635328326.472.06$9,928
Jan 20161757727.352.36$4,968
Dec 20150032.362.00$0
Nov 201518429638.792.17$7,779
Oct 201514842743.552.43$7,482
Sep 201549751642.992.76$22,789
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201508056.152.88$231
May 201517826655.212.96$10,614
Apr 201516624249.822.71$8,925
Mar 201531619042.892.93$14,111
Feb 20151777144.662.98$8,116
Jan 201515918443.433.10$7,476
Dec 201436319154.693.59$20,538
Nov 2014011870.464.25$502
Oct 201417914478.303.90$14,577
Sep 201418114486.164.05$16,178
Aug 201417119889.394.04$16,085
Jul 201416824196.564.18$17,229
Jun 201415833098.164.74$17,072
May 201435323894.734.73$34,565
Apr 2014026495.944.81$1,270
Mar 201434724395.895.06$34,503
Feb 201417823597.406.19$18,792
Jan 201416230190.404.86$16,108
Dec 2013159091.824.35$14,599
Nov 2013345088.853.74$30,653
Oct 2013161097.423.78$15,685
Sep 201300104.113.72$0
Aug 20131770104.253.52$18,452
Jul 2013158154102.523.72$16,771
Jun 201315915694.403.93$15,623
May 201317616494.834.15$17,371
Apr 201317517593.964.28$17,192
Mar 201317422993.623.91$17,186
Feb 201317321291.233.42$16,508
Jan 201317021191.603.42$16,294
Dec 201217521786.773.42$15,927
Nov 201217511886.953.62$15,644
Oct 201216929489.383.40$16,105
Sep 201217023694.672.92$16,783
Aug 201233740492.662.91$32,401
Jul 201217529885.133.02$15,798
Jun 201217436379.822.52$14,803
May 201217239291.612.49$16,732
Apr 2012186460101.652.00$19,825
Mar 2012172286105.052.22$18,704
Feb 2012165368101.102.57$17,627
Jan 201236534598.092.73$36,746
Dec 201118435796.873.24$18,981
Nov 201118235095.723.31$18,580
Oct 201134830684.983.65$30,689
Sep 201117830183.623.99$16,084
Aug 201118043783.404.15$16,825
Jul 201117622194.144.52$17,567
Jun 201133436292.904.64$32,708
May 201117928998.134.40$18,838
Apr 2011174361105.964.33$20,001
Mar 201135538696.364.06$35,774
Feb 201118230685.644.18$16,866
Jan 201135735686.504.59$32,514
Dec 201018035085.734.35$16,953
Nov 201017243680.843.80$15,559
Oct 201034635678.103.51$28,272
Sep 201036033672.633.98$27,484
Aug 201017743873.684.42$14,977
Jul 201016932872.554.74$13,815
Jun 201035138570.364.91$26,587
May 201017743271.124.24$14,418
Apr 201019445881.694.12$17,736
Mar 201038649378.394.39$32,422
Feb 201018750573.585.44$16,508
Jan 201037139274.365.96$29,925
Dec 200919153071.445.48$16,551
Nov 200936648774.593.75$29,127
Oct 200937862672.544.11$29,993
Sep 200918655765.543.06$13,898
Aug 200937553667.423.22$27,008
Jul 200918050961.133.46$12,767
Jun 200937858466.163.90$27,283
May 200938064154.743.93$23,318
Apr 200956448746.773.59$28,125
Mar 200919032842.144.06$9,338
Feb 200957322832.814.63$19,856
Jan 200936447435.865.37$15,599
Dec 200873198837.105.98$33,026
Nov 20080055.496.86$0
Oct 20080275.246.92$14
Sep 2008378366101.767.88$41,348
Aug 2008558505114.228.48$68,019
Jul 20081,0841,420131.0811.39$158,264
Jun 200800131.3313.03$0
May 2008537496123.1711.57$71,883
Apr 2008537596110.3110.45$65,468
Mar 2008540648101.909.66$61,288
Feb 200835663592.538.77$38,510
Jan 200854667890.388.21$54,911
Dec 200771771088.337.30$68,517
Nov 200754659691.677.29$54,398
Oct 20078911,15182.856.92$81,787
Sep 20071,0581,23975.846.24$87,975
Aug 20071,0761,20469.066.39$82,000
Jul 20071,2371,76170.906.39$98,952
Jun 20071,0721,96762.007.55$81,312
May 20071,4412,30558.747.85$102,730
Apr 20071,6003,55759.617.81$123,139
Mar 20071,7653,84056.927.30$128,503
Feb 20072,1414,33855.108.22$153,610
Jan 20073,0564,23850.306.73$182,225
Dec 20065,5446,51556.656.92$359,141
Nov 20065,5453,70654.207.62$328,769
Oct 20069,1397,57954.906.01$547,310

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.

May 2026 — as filed, then multipliedworked
Oil                    1 bbl  × $106.41 =       $106
Casinghead gas       128 Mcf  × $  3.05 =       $390

────────────────────────────────────────────────────
Month total                                     $496

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/24997 is the state's own key, not one this site invented.