MAYO -B-

Operated by PEARL, BILL H. PRODUCTIONS, INC. (P-5 647284) in the TAFT, DEEP (B-1 SINTON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4580District 04Field 88120380OilCasinghead gasSaveExport
Value, all time
$436 k
Jan 1993 – Feb 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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 6 leases and 16 wells, and the rule below applies to all of them.

Discovered
1959-07-19
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: /FIELD NAME AMENDED 6-1-60, FORMERLY TAFT /SINTON SAND/

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
OilDisposition21,296 bbl$436,174
Casinghead gasProduction178 Mcf$0
Total$436,174

178 Mcf of this lease's gas, across 34 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 (4)

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 28.0366, -97.3777. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.03669, -97.37763 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
6,569 ft
4 wells filed one
Completion to plug
47.0 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 6,114 and 6,850 ft, median 6,569 ft, over the 4 wells that filed a depth.

Completions filed
Jul 1959 – Apr 1985
3 of 4 wells; 1 filed none
Plug dates filed
Dec 1985 – Sep 2006
4 of 4 wells

Last completion to plug: a median of 47.0 years across the 3 wells that filed both dates, with the middle half between 34.3 years and 47.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-409013917 L6,114 ftDec 1985Yes
42-4090139296,305 ftApr 1985Sep 2006Yes
42-409013883 U6,850 ftAug 1959Aug 2006Yes
42-409013872 U6,833 ftJul 1959Sep 2006Yes

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 (194)

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

194 months

Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006135068.717.34$9,276
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004305032.036.30$9,769
Dec 2003145030.266.30$4,388
Nov 2003158028.804.60$4,550
Oct 2003151028.174.76$4,254
Sep 2003149026.314.75$3,920
Aug 2003130029.765.13$3,869
Jul 2003300029.415.17$8,823
Jun 2003272028.565.98$7,768
May 2003143026.595.97$3,802
Apr 20030026.675.41$0
Mar 2003200031.146.10$6,228
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002123026.464.23$3,255
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200270024.583.06$1,721
Jun 2002129023.733.34$3,061
May 20020024.663.58$0
Apr 200282023.653.51$1,939
Mar 20020022.003.10$0
Feb 200265018.222.38$1,184
Jan 200287017.172.38$1,494
Dec 20010016.932.36$0
Nov 200181018.072.41$1,464
Oct 200183019.782.53$1,642
Sep 2001147024.262.25$3,566
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001159024.563.82$3,905
May 20010025.524.31$0
Apr 2001165024.685.34$4,072
Mar 2001165024.545.38$4,049
Feb 2001294027.755.77$8,159
Jan 20010027.478.40$0
Dec 2000222026.889.12$5,967
Nov 2000160032.215.66$5,154
Oct 2000380031.235.15$11,867
Sep 2000205031.875.19$6,533
Aug 2000268029.644.54$7,944
Jul 2000228028.534.09$6,505
Jun 2000132029.304.40$3,868
May 20000027.263.68$0
Apr 200095024.513.12$2,328
Mar 2000188028.422.86$5,343
Feb 200080027.622.73$2,210
Jan 200090025.272.48$2,274
Dec 1999202024.282.42$4,905
Nov 1999174023.192.43$4,035
Oct 1999172020.982.80$3,609
Sep 1999250021.752.62$5,438
Aug 1999166019.262.88$3,197
Jul 1999471017.892.37$8,426
Jun 1999196015.942.36$3,124
May 1999181015.792.32$2,858
Apr 1999185015.102.21$2,794
Mar 1999170012.471.84$2,120
Feb 199918009.981.82$1,796
Jan 199982010.381.90$851
Dec 19989009.201.77$828
Nov 1998318010.892.19$3,463
Oct 19980012.421.97$0
Sep 199882012.592.08$1,032
Aug 1998165011.301.91$1,865
Jul 1998200011.742.24$2,348
Jun 1998256011.242.24$2,877
May 1998180012.622.21$2,272
Apr 1998172013.042.51$2,243
Mar 199891012.802.31$1,165
Feb 1998150013.952.30$2,093
Jan 1998150014.702.15$2,205
Dec 1997300016.322.41$4,896
Nov 1997180018.193.09$3,274
Oct 1997292019.253.15$5,621
Sep 1997175017.742.95$3,105
Aug 1997226017.862.55$4,036
Jul 1997318017.582.25$5,590
Jun 1997294017.242.26$5,069
May 1997296018.972.31$5,615
Apr 1997307017.882.08$5,489
Mar 1997288018.951.94$5,458
Feb 1997418020.492.21$8,565
Jan 1997387023.483.54$9,087
Dec 1996342023.32$7,975
Nov 1996501021.97$11,007
Oct 19960023.31$0
Sep 1996414022.22$9,199
Aug 1996224020.26$4,538
Jul 1996314019.55$6,139
Jun 1996363018.73$6,799
May 1996438019.43$8,510
Apr 1996378021.51$8,131
Mar 1996380019.38$7,364
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19953001016.00$4,800
Oct 199501015.43$0
Sep 199501016.18$0
Aug 199501015.92$0
Jul 199501015.24$0
Jun 19953401016.41$5,579
May 199501017.56$0
Apr 199501017.73$0
Mar 19953241016.44$5,327
Feb 199501016.58$0
Jan 199501015.92$0
Dec 19941051015.03$1,578
Nov 1994382015.90$6,074
Oct 199401015.58$0
Sep 199401015.29$0
Aug 19942751016.13$4,436
Jul 199401017.56$0
Jun 1994263117.09$4,495
May 19940115.88$0
Apr 1994150114.14$2,121
Mar 1994366112.46$4,560
Feb 19940112.50$0
Jan 1994396112.66$5,013
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993300115.85$4,755
Sep 19930115.03$0
Aug 1993290115.66$4,541
Jul 19930115.46$0
Jun 1993327116.79$5,490
May 19930117.68$0
Apr 1993180118.05$3,249
Mar 1993268118.14$4,862
Feb 19930117.90$0
Jan 1993126116.93$2,133

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.

Aug 2006 — as filed, then multipliedworked
Oil                  135 bbl  × $ 68.71 =     $9,276
Casinghead gas         0 Mcf  × $  7.34 =         $0

────────────────────────────────────────────────────
Month total                                   $9,276

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/4580 is the state's own key, not one this site invented.