BOUNDS, REX T.

Operated by DRY CREEK OPERATING, LLC (P-5 100456) in the CORSICANA (SHALLOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1430District 05Field 20823500OilCasinghead gasSaveExport
Value, all time
$89 k
Jan 1993 – Jan 2023
Value, last 12 filed months
$872
at the published price for each month
Months reported
361
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 594 leases and 5,880 wells, and the rule below applies to all of them.

Discovered
1896-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2007-03-29.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 08/01/88.

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
OilDisposition2,072 bbl$89,470
Casinghead gasProduction27 Mcf$0
Total$89,470

27 Mcf of this lease's gas, across 27 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 (5)

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 32.0821, -96.3671. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.08206, -96.36704 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
850 ft
5 wells filed one
Completion to plug
34.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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 808 and 886 ft, median 850 ft, over the 5 wells that filed a depth.

Completions filed
Feb 1986 – Mar 1986
2 of 5 wells; 3 filed none
Plug dates filed
Oct 1985 – Aug 2020
5 of 5 wells

Last completion to plug: a median of 34.5 years across the 2 wells that filed both dates, with the middle half between 34.4 years and 34.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-349007001808 ftJan 1986Yes
42-349007012808 ftJan 1986Yes
42-349007023850 ftOct 1985Yes
42-349340435886 ftMar 1986Aug 2020Yes
42-349340536865 ftFeb 1986Aug 2020Yes

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 (361)

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

361 months

Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202210087.185.86$872
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
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 201712050.452.95$605
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201611042.492.64$467
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201613041.622.92$541
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201615036.561.99$548
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201619027.352.36$520
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201523043.552.43$1,002
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201526048.152.95$1,252
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201516049.822.71$797
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201520043.433.10$869
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201421078.303.90$1,644
Sep 20140086.164.05$0
Aug 201421089.394.04$1,877
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201428094.734.73$2,652
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201424097.406.19$2,338
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201321088.853.74$1,866
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013270104.253.52$2,815
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201326094.834.15$2,466
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201322091.233.42$2,007
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201223086.953.62$2,000
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201222092.662.91$2,039
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012270101.652.00$2,745
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201219098.092.73$1,864
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201124083.623.99$2,007
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201120092.904.64$1,858
May 20110098.134.40$0
Apr 2011220105.964.33$2,331
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201120086.504.59$1,730
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201021078.103.51$1,640
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201017072.554.74$1,233
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201020081.694.12$1,634
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201017074.365.96$1,264
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200919072.544.11$1,378
Sep 20090065.543.06$0
Aug 200919067.423.22$1,281
Jul 20090061.133.46$0
Jun 200926066.163.90$1,720
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200922042.144.06$927
Feb 20090032.814.63$0
Jan 200917035.865.37$610
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200819075.246.92$1,430
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008160131.0811.39$2,097
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008150110.3110.45$1,655
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200815090.388.21$1,356
Dec 20070088.337.30$0
Nov 200714091.677.29$1,283
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200714062.007.55$868
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200715055.108.22$827
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200614054.207.62$759
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200615069.376.34$1,041
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 200415045.286.33$679
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200411042.375.55$466
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200414034.475.86$483
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200411032.036.30$352
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 200314028.174.76$394
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200315029.415.17$441
Jun 20030028.565.98$0
May 200311026.595.97$292
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200312033.487.93$402
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 200215024.664.14$370
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200215025.963.16$389
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200214024.663.58$345
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200217018.222.38$310
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 200112018.072.41$217
Oct 20010019.782.53$0
Sep 200115024.262.25$364
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200114024.563.82$344
May 200115025.524.31$383
Apr 20010024.685.34$0
Mar 200113024.545.38$319
Feb 20010027.755.77$0
Jan 200114027.478.40$385
Dec 20000026.889.12$0
Nov 200015032.215.66$483
Oct 200013031.235.15$406
Sep 20000031.875.19$0
Aug 200012029.644.54$356
Jul 20000028.534.09$0
Jun 200012029.304.40$352
May 20000027.263.68$0
Apr 200012024.513.12$294
Mar 200012028.422.86$341
Feb 200013027.622.73$359
Jan 200014025.272.48$354
Dec 199919024.282.42$461
Nov 19990023.192.43$0
Oct 199919020.982.80$399
Sep 19990021.752.62$0
Aug 199914019.262.88$270
Jul 199912017.892.37$215
Jun 199914015.942.36$223
May 19990015.792.32$0
Apr 199912015.102.21$181
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199814012.592.08$176
Aug 199813011.301.91$147
Jul 19980011.742.24$0
Jun 199813011.242.24$146
May 19980012.622.21$0
Apr 199820013.042.51$261
Mar 199811012.802.31$141
Feb 19980013.952.30$0
Jan 199810014.702.15$147
Dec 19970016.322.41$0
Nov 199715018.193.09$273
Oct 199713019.253.15$250
Sep 19970017.742.95$0
Aug 199717017.862.55$304
Jul 19970017.582.25$0
Jun 199715017.242.26$259
May 19970018.972.31$0
Apr 199713017.882.08$232
Mar 199718018.951.94$341
Feb 199711020.492.21$225
Jan 199716023.483.54$376
Dec 19960023.32$0
Nov 199619021.97$417
Oct 19960023.31$0
Sep 199615022.22$333
Aug 19960020.26$0
Jul 199625019.55$489
Jun 199611018.73$206
May 199611019.43$214
Apr 19960021.51$0
Mar 199615019.38$291
Feb 199610016.98$170
Jan 19960017.07$0
Dec 199510017.19$172
Nov 19950016.00$0
Oct 19959015.43$139
Sep 19950016.18$0
Aug 19950015.92$0
Jul 199517015.24$259
Jun 199515016.41$246
May 199513017.56$228
Apr 199515017.73$266
Mar 199512116.44$197
Feb 19957116.58$116
Jan 199525115.92$398
Dec 19940115.03$0
Nov 199417115.90$270
Oct 199418115.58$280
Sep 199437115.29$566
Aug 199434116.13$548
Jul 19940117.56$0
Jun 199416117.09$273
May 199426115.88$413
Apr 19940114.14$0
Mar 199421112.46$262
Feb 199417112.50$213
Jan 199415112.66$190
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19939115.85$143
Sep 19939115.03$135
Aug 199316115.66$251
Jul 19930115.46$0
Jun 19930116.79$0
May 199331117.68$548
Apr 199321118.05$379
Mar 199311118.14$200
Feb 199342117.90$752
Jan 199317116.93$288

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.

Oct 2022 — as filed, then multipliedworked
Oil                   10 bbl  × $ 87.18 =       $872
Casinghead gas         0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                     $872

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. 05/O/1430 is the state's own key, not one this site invented.