BOLIN, M. R. 51

Name: BOLIN, M. R. 51 lease production and value, Aug 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNION OIL COMPANY OF CALIFORNIA (P-5 876520) in the VAN (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3527District 05Field 93042166OilCasinghead gasSave Export

Value, all time

$285 k

Aug 1995 – Mar 2009

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

164

no gaps in the span

Streams

oil, casinghead gas

The VAN (AUSTIN CHALK) field

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 66 leases and 277 wells, and the rule below applies to all of them.

Discovered

1969-11-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

125 ft

minimum

From a lease line

100 ft

minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1997-12-05.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 09/01/2004.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	9,632 bbl	$227,796
Casinghead gas	Production	15,265 Mcf	$57,065
Total			$284,861

1,767 Mcf of this lease's gas, across 6 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 32.5247, -95.6394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52475, -95.63940 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

2,927 ft

1 wells filed one

Completion to plug

12.7 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 2,927 ft.

Completions filed

Jun 1996

1 of 1 wells

Plug dates filed

Feb 2009

1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46700844	3	2,927 ft	Jun 1996	Feb 2009	Yes

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 (164)

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

164 months


Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	30	35.86	5.37	$161
Dec 2008	0	29	37.10	5.98	$173
Nov 2008	2	28	55.49	6.86	$303
Oct 2008	2	11	75.24	6.92	$227
Sep 2008	0	28	101.76	7.88	$221
Aug 2008	1	30	114.22	8.48	$369
Jul 2008	0	30	131.08	11.39	$342
Jun 2008	1	26	131.33	13.03	$470
May 2008	1	27	123.17	11.57	$436
Apr 2008	2	25	110.31	10.45	$482
Mar 2008	2	26	101.90	9.66	$455
Feb 2008	0	31	92.53	8.77	$272
Jan 2008	0	33	90.38	8.21	$271
Dec 2007	0	30	88.33	7.30	$219
Nov 2007	0	33	91.67	7.29	$241
Oct 2007	4	33	82.85	6.92	$560
Sep 2007	0	34	75.84	6.24	$212
Aug 2007	2	36	69.06	6.39	$368
Jul 2007	1	33	70.90	6.39	$282
Jun 2007	2	34	62.00	7.55	$381
May 2007	3	40	58.74	7.85	$490
Apr 2007	9	42	59.61	7.81	$864
Mar 2007	18	42	56.92	7.30	$1,331
Feb 2007	0	39	55.10	8.22	$320
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	41	56.65	6.92	$284
Nov 2006	1	53	54.20	7.62	$458
Oct 2006	2	43	54.90	6.01	$368
Sep 2006	3	0	60.08	5.04	$180
Aug 2006	1	33	68.71	7.34	$311
Jul 2006	1	53	69.37	6.34	$406
Jun 2006	4	53	66.28	6.38	$603
May 2006	27	55	66.01	6.42	$2,136
Apr 2006	34	40	64.39	7.36	$2,484
Mar 2006	47	34	56.70	7.08	$2,906
Feb 2006	9	45	57.59	7.75	$867
Jan 2006	29	56	60.59	8.93	$2,257
Dec 2005	38	56	54.94	13.42	$2,839
Nov 2005	58	57	54.69	10.59	$3,776
Oct 2005	26	61	58.34	13.80	$2,358
Sep 2005	32	63	61.45	12.08	$2,727
Aug 2005	32	54	61.51	9.80	$2,497
Jul 2005	36	71	55.69	7.84	$2,562
Jun 2005	41	55	52.33	7.38	$2,551
May 2005	41	80	45.22	6.65	$2,386
Apr 2005	41	52	49.20	7.36	$2,400
Mar 2005	44	51	50.37	7.15	$2,581
Feb 2005	40	61	45.22	6.31	$2,194
Jan 2005	19	64	43.16	6.32	$1,225
Dec 2004	31	59	39.86	6.75	$1,634
Nov 2004	27	51	45.28	6.33	$1,545
Oct 2004	44	70	49.70	6.52	$2,643
Sep 2004	19	66	43.24	5.28	$1,170
Aug 2004	39	75	42.37	5.55	$2,069
Jul 2004	38	102	38.28	6.08	$2,075
Jun 2004	38	93	36.10	6.43	$1,970
May 2004	46	74	37.48	6.49	$2,205
Apr 2004	30	67	34.47	5.86	$1,427
Mar 2004	43	76	34.36	5.53	$1,898
Feb 2004	45	67	32.45	5.51	$1,829
Jan 2004	21	21	32.03	6.30	$805
Dec 2003	26	93	30.26	6.30	$1,373
Nov 2003	3	86	28.80	4.60	$482
Oct 2003	30	82	28.17	4.76	$1,235
Sep 2003	34	66	26.31	4.75	$1,208
Aug 2003	36	64	29.76	5.13	$1,400
Jul 2003	40	65	29.41	5.17	$1,513
Jun 2003	40	100	28.56	5.98	$1,741
May 2003	39	80	26.59	5.97	$1,515
Apr 2003	37	0	26.67	5.41	$987
Mar 2003	45	87	31.14	6.10	$1,932
Feb 2003	24	53	33.48	7.93	$1,224
Jan 2003	41	94	30.31	5.58	$1,767
Dec 2002	44	63	26.91	4.85	$1,490
Nov 2002	45	61	24.66	4.14	$1,362
Oct 2002	46	134	26.46	4.23	$1,784
Sep 2002	44	46	27.44	3.64	$1,375
Aug 2002	33	71	25.96	3.16	$1,081
Jul 2002	48	65	24.58	3.06	$1,379
Jun 2002	40	51	23.73	3.34	$1,119
May 2002	45	61	24.66	3.58	$1,328
Apr 2002	43	101	23.65	3.51	$1,372
Mar 2002	41	86	22.00	3.10	$1,169
Feb 2002	41	74	18.22	2.38	$923
Jan 2002	53	170	17.17	2.38	$1,314
Dec 2001	40	153	16.93	2.36	$1,039
Nov 2001	46	154	18.07	2.41	$1,202
Oct 2001	48	201	19.78	2.53	$1,458
Sep 2001	44	151	24.26	2.25	$1,407
Aug 2001	45	158	24.87	3.05	$1,602
Jul 2001	55	203	23.93	3.20	$1,965
Jun 2001	54	159	24.56	3.82	$1,934
May 2001	56	271	25.52	4.31	$2,596
Apr 2001	53	182	24.68	5.34	$2,279
Mar 2001	63	179	24.54	5.38	$2,508
Feb 2001	40	138	27.75	5.77	$1,906
Jan 2001	47	124	27.47	8.40	$2,333
Dec 2000	59	139	26.88	9.12	$2,854
Nov 2000	50	138	32.21	5.66	$2,391
Oct 2000	59	137	31.23	5.15	$2,548
Sep 2000	60	133	31.87	5.19	$2,602
Aug 2000	55	159	29.64	4.54	$2,352
Jul 2000	65	161	28.53	4.09	$2,513
Jun 2000	56	166	29.30	4.40	$2,371
May 2000	44	155	27.26	3.68	$1,770
Apr 2000	58	156	24.51	3.12	$1,908
Mar 2000	57	156	28.42	2.86	$2,066
Feb 2000	60	157	27.62	2.73	$2,085
Jan 2000	60	153	25.27	2.48	$1,896
Dec 1999	65	159	24.28	2.42	$1,964
Nov 1999	65	140	23.19	2.43	$1,848
Oct 1999	61	152	20.98	2.80	$1,706
Sep 1999	58	125	21.75	2.62	$1,589
Aug 1999	63	141	19.26	2.88	$1,619
Jul 1999	62	143	17.89	2.37	$1,448
Jun 1999	69	95	15.94	2.36	$1,324
May 1999	68	76	15.79	2.32	$1,250
Apr 1999	71	55	15.10	2.21	$1,194
Mar 1999	77	99	12.47	1.84	$1,142
Feb 1999	68	94	9.98	1.82	$850
Jan 1999	83	123	10.38	1.90	$1,095
Dec 1998	87	117	9.20	1.77	$1,008
Nov 1998	72	95	10.89	2.19	$992
Oct 1998	87	29	12.42	1.97	$1,138
Sep 1998	87	62	12.59	2.08	$1,224
Aug 1998	92	92	11.30	1.91	$1,215
Jul 1998	92	112	11.74	2.24	$1,331
Jun 1998	91	73	11.24	2.24	$1,186
May 1998	97	106	12.62	2.21	$1,458
Apr 1998	95	95	13.04	2.51	$1,477
Mar 1998	111	85	12.80	2.31	$1,617
Feb 1998	96	22	13.95	2.30	$1,390
Jan 1998	116	44	14.70	2.15	$1,800
Dec 1997	114	28	16.32	2.41	$1,928
Nov 1997	116	41	18.19	3.09	$2,237
Oct 1997	125	60	19.25	3.15	$2,595
Sep 1997	121	126	17.74	2.95	$2,519
Aug 1997	128	218	17.86	2.55	$2,843
Jul 1997	142	266	17.58	2.25	$3,094
Jun 1997	138	316	17.24	2.26	$3,092
May 1997	170	721	18.97	2.31	$4,889
Apr 1997	129	188	17.88	2.08	$2,698
Mar 1997	193	307	18.95	1.94	$4,253
Feb 1997	160	150	20.49	2.21	$3,609
Jan 1997	173	205	23.48	3.54	$4,788
Dec 1996	215	433	23.32	—	$5,014
Nov 1996	259	286	21.97	—	$5,690
Oct 1996	365	295	23.31	—	$8,508
Sep 1996	467	287	22.22	—	$10,377
Aug 1996	662	244	20.26	—	$13,412
Jul 1996	753	222	19.55	—	$14,721
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0

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.

Jan 2009 — as filed, then multipliedworked

Oil                    0 bbl  × $ 35.86 =         $0
Casinghead gas        30 Mcf  × $  5.37 =       $161

────────────────────────────────────────────────────
Month total                                     $161

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/3527 is the state's own key, not one this site invented.