BOOTH, F. I.

Name: BOOTH, F. I. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MCGOWAN WORKING PARTNERS, INC. (P-5 549836) in the THOMPSON, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4129District 03Field 89527001OilCasinghead gasSave Export

Value, all time

$1.4 M

Jan 1993 – Apr 2003

Value, last 12 filed months

$337 k

at the published price for each month

Months reported

124

no gaps in the span

Streams

oil, casinghead gas

The THOMPSON, NORTH field

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 17 leases and 110 wells, and the rule below applies to all of them.

Discovered

1939-04-09

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1947-05-01.

The Commission's schedule remark for this field reads: “PER DOCKET 3-10530 EFF 5-1-47, RULES ADOPTED”

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.

Stream	Basis	Volume	Value
Oil	Disposition	63,820 bbl	$1,366,632
Casinghead gas	Production	35,744 Mcf	$49,494
Total			$1,416,127

18,224 Mcf of this lease's gas, across 47 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 (6)

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 29.4876, -95.5607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

29.48761, -95.56167 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

16.7%

1 of 6 wells

With a plug date

0.0%

0 of 6 wells

Median depth

7,811 ft

4 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

116.7%

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.

583.3%

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 7,790 and 7,921 ft, median 7,811 ft, over the 4 wells that filed a depth.

Completions filed

Sep 1939 – Feb 2008

4 of 6 wells; 2 filed none

6 wells


42-15702732	6A	—	—	—	—
42-15780543	1B	—	—	—	—
42-15702731	5A	7,921 ft	Feb 2008	—	—
42-15780546	11B	7,830 ft	Nov 2003	—	—
42-15702729	3B	7,792 ft	Mar 1972	—	Yes
42-15702728	2B	7,790 ft	Sep 1939	—	—

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 (124)

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

124 months


Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	1,726	310	26.91	4.85	$47,951
Nov 2002	1,686	240	24.66	4.14	$42,570
Oct 2002	1,721	186	26.46	4.23	$46,324
Sep 2002	1,446	180	27.44	3.64	$40,333
Aug 2002	1,232	132	25.96	3.16	$32,400
Jul 2002	1,439	186	24.58	3.06	$35,940
Jun 2002	1,764	180	23.73	3.34	$42,461
May 2002	1,954	186	24.66	3.58	$48,852
Apr 2002	1,082	174	23.65	3.51	$26,200
Mar 2002	1,412	186	22.00	3.10	$31,641
Feb 2002	1,268	168	18.22	2.38	$23,502
Jan 2002	1,066	186	17.17	2.38	$18,745
Dec 2001	1,277	186	16.93	2.36	$22,059
Nov 2001	1,100	180	18.07	2.41	$20,310
Oct 2001	1,265	180	19.78	2.53	$25,477
Sep 2001	904	174	24.26	2.25	$22,323
Aug 2001	1,401	186	24.87	3.05	$35,411
Jul 2001	1,071	186	23.93	3.20	$26,224
Jun 2001	1,081	180	24.56	3.82	$27,238
May 2001	900	186	25.52	4.31	$23,769
Apr 2001	897	180	24.68	5.34	$23,098
Mar 2001	913	186	24.54	5.38	$23,405
Feb 2001	720	168	27.75	5.77	$20,949
Jan 2001	180	160	27.47	8.40	$6,288
Dec 2000	724	120	26.88	9.12	$20,556
Nov 2000	1,259	240	32.21	5.66	$41,910
Oct 2000	1,265	248	31.23	5.15	$40,782
Sep 2000	1,203	90	31.87	5.19	$38,806
Aug 2000	1,073	93	29.64	4.54	$32,226
Jul 2000	907	93	28.53	4.09	$26,257
Jun 2000	727	60	29.30	4.40	$21,565
May 2000	366	93	27.26	3.68	$10,319
Apr 2000	366	90	24.51	3.12	$9,251
Mar 2000	186	87	28.42	2.86	$5,535
Feb 2000	188	45	27.62	2.73	$5,315
Jan 2000	0	186	25.27	2.48	$461
Dec 1999	346	186	24.28	2.42	$8,852
Nov 1999	360	132	23.19	2.43	$8,670
Oct 1999	550	168	20.98	2.80	$12,010
Sep 1999	351	180	21.75	2.62	$8,106
Aug 1999	368	186	19.26	2.88	$7,623
Jul 1999	710	186	17.89	2.37	$13,143
Jun 1999	179	180	15.94	2.36	$3,278
May 1999	364	180	15.79	2.32	$6,165
Apr 1999	703	138	15.10	2.21	$10,920
Mar 1999	173	180	12.47	1.84	$2,488
Feb 1999	179	138	9.98	1.82	$2,037
Jan 1999	462	253	10.38	1.90	$5,276
Dec 1998	610	558	9.20	1.77	$6,602
Nov 1998	388	934	10.89	2.19	$6,267
Oct 1998	374	288	12.42	1.97	$5,212
Sep 1998	362	1,802	12.59	2.08	$8,310
Aug 1998	543	2,003	11.30	1.91	$9,956
Jul 1998	535	124	11.74	2.24	$6,558
Jun 1998	358	112	11.24	2.24	$4,274
May 1998	321	96	12.62	2.21	$4,263
Apr 1998	542	180	13.04	2.51	$7,519
Mar 1998	362	186	12.80	2.31	$5,063
Feb 1998	358	260	13.95	2.30	$5,592
Jan 1998	182	310	14.70	2.15	$3,343
Dec 1997	363	589	16.32	2.41	$7,344
Nov 1997	185	240	18.19	3.09	$4,106
Oct 1997	252	200	19.25	3.15	$5,481
Sep 1997	0	100	17.74	2.95	$295
Aug 1997	156	445	17.86	2.55	$3,923
Jul 1997	178	460	17.58	2.25	$4,163
Jun 1997	0	340	17.24	2.26	$767
May 1997	139	0	18.97	2.31	$2,637
Apr 1997	142	0	17.88	2.08	$2,539
Mar 1997	142	0	18.95	1.94	$2,691
Feb 1997	142	35	20.49	2.21	$2,987
Jan 1997	179	240	23.48	3.54	$5,052
Dec 1996	297	186	23.32	—	$6,926
Nov 1996	330	180	21.97	—	$7,250
Oct 1996	364	180	23.31	—	$8,485
Sep 1996	296	180	22.22	—	$6,577
Aug 1996	292	186	20.26	—	$5,916
Jul 1996	361	369	19.55	—	$7,058
Jun 1996	299	0	18.73	—	$5,600
May 1996	285	698	19.43	—	$5,538
Apr 1996	261	989	21.51	—	$5,614
Mar 1996	232	569	19.38	—	$4,496
Feb 1996	241	729	16.98	—	$4,092
Jan 1996	330	568	17.07	—	$5,633
Dec 1995	288	522	17.19	—	$4,951
Nov 1995	353	389	16.00	—	$5,648
Oct 1995	315	347	15.43	—	$4,860
Sep 1995	297	313	16.18	—	$4,805
Aug 1995	302	317	15.92	—	$4,808
Jul 1995	316	403	15.24	—	$4,816
Jun 1995	306	346	16.41	—	$5,021
May 1995	333	358	17.56	—	$5,847
Apr 1995	289	351	17.73	—	$5,124
Mar 1995	300	381	16.44	—	$4,932
Feb 1995	322	382	16.58	—	$5,339
Jan 1995	326	470	15.92	—	$5,190
Dec 1994	298	404	15.03	—	$4,479
Nov 1994	270	343	15.90	—	$4,293
Oct 1994	192	243	15.58	—	$2,991
Sep 1994	307	360	15.29	—	$4,694
Aug 1994	374	354	16.13	—	$6,033
Jul 1994	285	371	17.56	—	$5,005
Jun 1994	242	359	17.09	—	$4,136
May 1994	314	566	15.88	—	$4,986
Apr 1994	278	356	14.14	—	$3,931
Mar 1994	319	357	12.46	—	$3,975
Feb 1994	250	532	12.50	—	$3,125
Jan 1994	288	345	12.66	—	$3,646
Dec 1993	365	348	12.33	—	$4,500
Nov 1993	329	303	14.49	—	$4,767
Oct 1993	288	431	15.85	—	$4,565
Sep 1993	305	439	15.03	—	$4,584
Aug 1993	338	287	15.66	—	$5,293
Jul 1993	290	299	15.46	—	$4,483
Jun 1993	323	532	16.79	—	$5,423
May 1993	276	308	17.68	—	$4,880
Apr 1993	301	289	18.05	—	$5,433
Mar 1993	343	336	18.14	—	$6,222
Feb 1993	325	388	17.90	—	$5,818
Jan 1993	258	261	16.93	—	$4,368

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.

Dec 2002 — as filed, then multipliedworked

Oil                1,726 bbl  × $ 26.91 =    $46,447
Casinghead gas       310 Mcf  × $  4.85 =     $1,505

────────────────────────────────────────────────────
Month total                                  $47,951

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/4129 is the state's own key, not one this site invented.