MAY, C. E.

Operated by B D PRODUCTION CO., INC. (P-5 40190) in the CAPTAIN LUCEY (S-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10060District 04Field 15519200NGPA filingOilCasinghead gasSaveExport
Value, all time
$169 k
Jan 1993 – Jul 2003
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
127
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1982-05-17
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition7,736 bbl$142,469
Casinghead gasProduction38,043 Mcf$26,716
Total$169,186

26,880 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 27.7948, -97.9690. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.79481, -97.96901 · 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
6,263 ft
1 wells filed one
Completion to plug
6.8 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 6,263 ft.

Completions filed
Jul 1996
1 of 1 wells
Plug dates filed
May 2003
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2493154516,263 ftJul 1996May 2003Yes

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 (127)

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

127 months

Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 200340026.595.97$1,064
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002155027.443.64$4,253
Aug 20020025.963.16$0
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 20027124.663.58$176
Apr 20021123.653.51$27
Mar 2002178122.003.10$3,919
Feb 20020118.222.38$2
Jan 20021117.172.38$20
Dec 20010116.932.36$2
Nov 2001181118.072.41$3,273
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 2001178124.873.05$4,430
Jul 20010123.933.20$3
Jun 20010124.563.82$4
May 2001178125.524.31$4,547
Apr 20010124.685.34$5
Mar 2001178124.545.38$4,374
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 2000179126.889.12$4,821
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 20000131.875.19$5
Aug 2000174129.644.54$5,162
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 20000124.513.12$3
Mar 2000176128.422.86$5,005
Feb 20000127.622.73$3
Jan 20000125.272.48$2
Dec 1999179124.282.42$4,349
Nov 19990123.192.43$2
Oct 19990120.982.80$3
Sep 19990121.752.62$3
Aug 1999176119.262.88$3,393
Jul 19990117.892.37$2
Jun 19990115.942.36$2
May 19990115.792.32$2
Apr 1999173115.102.21$2,615
Mar 19992112.471.84$27
Feb 1999019.981.82$2
Jan 1999178110.381.90$1,850
Dec 199803219.201.77$569
Nov 1998034010.892.19$743
Oct 1998035012.421.97$689
Sep 199817833012.592.08$2,928
Aug 1998040611.301.91$774
Jul 1998039611.742.24$886
Jun 1998034811.242.24$779
May 1998032212.622.21$710
Apr 1998026513.042.51$664
Mar 1998036012.802.31$831
Feb 199817737713.952.30$3,336
Jan 1998135714.702.15$784
Dec 1997046616.322.41$1,124
Nov 199718146018.193.09$4,713
Oct 1997046719.253.15$1,471
Sep 1997053117.742.95$1,569
Aug 199717460117.862.55$4,643
Jul 1997066017.582.25$1,483
Jun 199718064417.242.26$4,557
May 1997064518.972.31$1,489
Apr 1997062717.882.08$1,306
Mar 199717964318.951.94$4,639
Feb 1997057320.492.21$1,264
Jan 1997063123.483.54$2,234
Dec 199618064923.32$4,198
Nov 1996065821.97$0
Oct 1996070723.31$0
Sep 199618066322.22$4,000
Aug 1996066020.26$0
Jul 1996040319.55$0
Jun 1996062118.73$0
May 1996059819.43$0
Apr 1996056521.51$0
Mar 1996060319.38$0
Feb 1996058316.98$0
Jan 1996067617.07$0
Dec 1995071017.19$0
Nov 199501,15516.00$0
Oct 199501,44015.43$0
Sep 199501,32016.18$0
Aug 1995010415.92$0
Jul 1995012415.24$0
Jun 1995028116.41$0
May 199518030417.56$3,161
Apr 199518031817.73$3,191
Mar 1995029116.44$0
Feb 199518031616.58$2,984
Jan 199518432015.92$2,929
Dec 1994027015.03$0
Nov 199417927515.90$2,846
Oct 199418028715.58$2,804
Sep 1994131515.29$15
Aug 199417839516.13$2,871
Jul 199418144817.56$3,178
Jun 1994044817.09$0
May 199417746015.88$2,811
Apr 199418149314.14$2,559
Mar 1994148212.46$12
Feb 199418045512.50$2,250
Jan 199418250612.66$2,304
Dec 199318165712.33$2,232
Nov 1993065814.49$0
Oct 199318270315.85$2,885
Sep 199318063515.03$2,705
Aug 199317668815.66$2,756
Jul 199317941415.46$2,767
Jun 1993072716.79$0
May 199318175117.68$3,200
Apr 199318075718.05$3,249
Mar 199318477418.14$3,338
Feb 199318245317.90$3,258
Jan 199318376016.93$3,098

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 2003 — as filed, then multipliedworked
Oil                   40 bbl  × $ 26.59 =     $1,064
Casinghead gas         0 Mcf  × $  5.97 =         $0

────────────────────────────────────────────────────
Month total                                   $1,064

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/O/10060 is the state's own key, not one this site invented.