BUTLER

Operated by ESCUDO OIL & GAS, LLC (P-5 254264) in the DASKAM, SOUTH (4TH MASSIVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 251234District 04Field 23209600CondensateGasSaveExport
Value, all time
$557 k
May 2009 – Mar 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
107
no gaps in the span
Streams
2
condensate, 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
2007-12-04
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: EXEMPT FIELD EFF 09/01/10 - ELK.

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
CondensateDisposition531 bbl$39,162
GasProduction132,636 Mcf$517,546
Total$556,708

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 26.3134, -98.5217. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.31338, -98.52175 · 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
10,800 ft
1 wells filed one
Completion to plug
8.8 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 10,800 ft.

Completions filed
May 2009
1 of 1 wells
Plug dates filed
Mar 2018
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21533802310,800 ftMay 2009Mar 2018Yes

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 (107)

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

107 months

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 2016029342.492.64$775
Oct 2016092646.193.09$2,862
Sep 2016083641.553.10$2,592
Aug 201603,25141.442.92$9,507
Jul 201606941.622.92$202
Jun 201604845.352.69$129
May 201602742.521.99$54
Apr 201609836.561.99$195
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201603127.352.36$73
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 20140089.394.04$0
Jul 201441096.564.18$3,959
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012038692.662.91$1,123
Jul 2012093185.133.02$2,812
Jun 2012393079.822.52$2,582
May 2012095291.612.49$2,369
Apr 201201,115101.652.00$2,226
Mar 201201,358105.052.22$3,018
Feb 201201,231101.102.57$3,164
Jan 201201,59798.092.73$4,366
Dec 2011039196.873.24$1,267
Nov 2011066495.723.31$2,199
Oct 2011030684.983.65$1,116
Sep 2011071583.623.99$2,850
Aug 201101,10383.404.15$4,577
Jul 201101,07594.144.52$4,856
Jun 201101,03192.904.64$4,784
May 201101,00798.134.40$4,436
Apr 201101,122105.964.33$4,862
Mar 201101,23196.364.06$4,995
Feb 2011042385.644.18$1,768
Jan 2011029586.504.59$1,354
Dec 20100185.734.35$4
Nov 201001,42780.843.80$5,416
Oct 201002,24878.103.51$7,888
Sep 201032,35272.633.98$9,578
Aug 20102022,65773.684.42$26,626
Jul 201002,91672.554.74$13,812
Jun 201003,07770.364.91$15,109
May 201003,53271.124.24$14,959
Apr 2010403,74881.694.12$18,719
Mar 201004,46378.394.39$19,587
Feb 2010214,99873.585.44$28,746
Jan 2010124,97474.365.96$30,558
Dec 2009315,63071.445.48$33,088
Nov 2009156,41074.593.75$25,166
Oct 2009337,74572.544.11$34,228
Sep 2009248,39665.543.06$27,305
Aug 20094012,68567.423.22$43,523
Jul 20094116,77561.133.46$60,623
Jun 20092515,09266.163.90$60,437
May 200906854.743.93$267

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.49 =         $0
Gas                  293 Mcf  × $  2.64 =       $775

────────────────────────────────────────────────────
Month total                                     $775

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. 04/G/251234 is the state's own key, not one this site invented.