BOYKIN

Operated by ROYAL PRODUCTION COMPANY, INC. (P-5 732075) in the PORTLAND, N. (COMMONWEALTH SERIE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 70601District 04Field 72498560CondensateGasSaveExport
Value, all time
$338 k
Jan 1993 – Dec 2000
Value, last 12 filed months
$0
at the published price for each month
Months reported
96
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1976-09-01
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 Commission's schedule remark for this field reads: ALLOC. FORM. SUSP. ADMIN. EFF 1-1-93

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
CondensateDisposition8,745 bbl$146,418
GasProduction256,202 Mcf$191,862
Total$338,280

176,365 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 27.8963, -97.3346. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89626, -97.33458 · 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
10,824 ft
1 wells filed one
Completion to plug
23.8 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 10,824 ft.

Completions filed
Feb 1977
1 of 1 wells
Plug dates filed
Dec 2000
1 of 1 wells

Last completion to plug: a median of 23.8 years across the 1 well that filed both dates, with the middle half between 23.8 years and 23.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40930623210,824 ftFeb 1977Dec 2000Yes

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 (96)

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

96 months

Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 199903,36615.792.32$7,813
Apr 199904,53615.102.21$10,016
Mar 1999010512.471.84$193
Feb 19990199.981.82$35
Jan 19998288210.381.90$2,527
Dec 1998845419.201.77$1,732
Nov 199853110.892.19$122
Oct 19981001,20912.421.97$3,623
Sep 1998502,02112.592.08$4,838
Aug 1998504,61111.301.91$9,360
Jul 199814092811.742.24$3,720
Jun 19981501,03811.242.24$4,008
May 19985047712.622.21$1,683
Apr 19987311813.042.51$1,248
Mar 1998401,34512.802.31$3,618
Feb 1998785,28513.952.30$13,239
Jan 1998502,43414.702.15$5,980
Dec 1997603,86816.322.41$10,305
Nov 19972503,86518.193.09$16,484
Oct 19971595,44719.253.15$20,218
Sep 19971002,59617.742.95$9,445
Aug 19971503,33817.862.55$11,207
Jul 19971504,83417.582.25$13,499
Jun 19971334,76817.242.26$13,055
May 19971153,97018.972.31$11,346
Apr 1997894,22417.882.08$10,389
Mar 19971495,07518.951.94$12,665
Feb 19972254,57320.492.21$14,698
Jan 1997394,33323.483.54$16,253
Dec 19961106,10623.32$2,565
Nov 19961004,78321.97$2,197
Oct 19961014,63823.31$2,354
Sep 19961606,16922.22$3,555
Aug 19961305,27420.26$2,634
Jul 19961705,24819.55$3,324
Jun 19961405,26818.73$2,622
May 19961554,12519.43$3,012
Apr 19961604,12221.51$3,442
Mar 19961004,51319.38$1,938
Feb 1996351,11016.98$594
Jan 19961863,25817.07$3,175
Dec 19951874,25317.19$3,215
Nov 199563,47416.00$96
Oct 19951973,67315.43$3,040
Sep 19951973,54816.18$3,187
Aug 199573,63615.92$111
Jul 19951913,40715.24$2,911
Jun 19951803,43416.41$2,954
May 199503,92817.56$0
Apr 199553,74917.73$89
Mar 19953333,77916.44$5,475
Feb 199573,42316.58$116
Jan 19951663,10515.92$2,643
Dec 19941663,75015.03$2,495
Nov 199403,31915.90$0
Oct 19941403,32315.58$2,181
Sep 19941342,78815.29$2,049
Aug 19941512,90316.13$2,436
Jul 19941512,87617.56$2,652
Jun 19941424,17617.09$2,427
May 19941682,79615.88$2,668
Apr 199402,57514.14$0
Mar 19942992,51812.46$3,726
Feb 199401,30212.50$0
Jan 19941562,54612.66$1,975
Dec 19931042,59112.33$1,282
Nov 199303,40714.49$0
Oct 19933194,20015.85$5,056
Sep 199303,88615.03$0
Aug 19931843,38815.66$2,881
Jul 19932093,75515.46$3,231
Jun 199302,81416.79$0
May 19931613,23617.68$2,846
Apr 19931934,02518.05$3,484
Mar 1993934,62118.14$1,687
Feb 19931953,24417.90$3,491
Jan 19931864,30316.93$3,149

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 1999 — as filed, then multipliedworked
Condensate             0 bbl  × $ 15.79 =         $0
Gas                3,366 Mcf  × $  2.32 =     $7,813

────────────────────────────────────────────────────
Month total                                   $7,813

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/70601 is the state's own key, not one this site invented.