FUTRELL

Name: FUTRELL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BACHTELL OIL & GAS, LTD. (P-5 42327) in the HALLSVILLE, NE. (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115044District 06Field 38291500NGPA filingCondensateGasSave Export

Value, all time

$644 k

Jan 1993 – May 2013

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

245

no gaps in the span

Streams

condensate, gas

The HALLSVILLE, NE. (PETTIT) 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 17 leases and 39 wells, and the rule below applies to all of them.

Discovered

1956-12-20

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,650 ft

minimum

From a lease line

560 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “MULTI 49B MAX. 640 AC. 10% TOL. DOCKET 6-76310”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,246 bbl	$48,743
Gas	Production	186,013 Mcf	$595,261
Total			$644,004

58,196 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 32.6046, -94.4618. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60459, -94.46182 · 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

7,075 ft

1 wells filed one

Completion to plug

28.6 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 7,075 ft.

Completions filed

Oct 1984

1 of 1 wells

Plug dates filed

May 2013

1 of 1 wells

Last completion to plug: a median of 28.6 years across the 1 well that filed both dates, with the middle half between 28.6 years and 28.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20330707	1	7,075 ft	Oct 1984	May 2013	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 (245)

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

245 months


May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	38	0	86.77	3.42	$3,297
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	24	83.40	4.15	$100
Jul 2011	0	26	94.14	4.52	$117
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	18	98.13	4.40	$79
Apr 2011	0	4	105.96	4.33	$17
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	292	85.64	4.18	$1,221
Jan 2011	0	409	86.50	4.59	$1,877
Dec 2010	0	443	85.73	4.35	$1,926
Nov 2010	0	436	80.84	3.80	$1,655
Oct 2010	0	478	78.10	3.51	$1,677
Sep 2010	0	451	72.63	3.98	$1,795
Aug 2010	0	456	73.68	4.42	$2,015
Jul 2010	0	444	72.55	4.74	$2,103
Jun 2010	0	433	70.36	4.91	$2,126
May 2010	0	501	71.12	4.24	$2,122
Apr 2010	0	482	81.69	4.12	$1,987
Mar 2010	0	542	78.39	4.39	$2,379
Feb 2010	0	504	73.58	5.44	$2,743
Jan 2010	0	516	74.36	5.96	$3,077
Dec 2009	0	745	71.44	5.48	$4,085
Nov 2009	0	294	74.59	3.75	$1,103
Oct 2009	0	376	72.54	4.11	$1,545
Sep 2009	0	613	65.54	3.06	$1,879
Aug 2009	0	257	67.42	3.22	$827
Jul 2009	0	342	61.13	3.46	$1,185
Jun 2009	0	295	66.16	3.90	$1,149
May 2009	0	327	54.74	3.93	$1,284
Apr 2009	0	369	46.77	3.59	$1,324
Mar 2009	0	364	42.14	4.06	$1,477
Feb 2009	0	382	32.81	4.63	$1,770
Jan 2009	0	435	35.86	5.37	$2,336
Dec 2008	0	484	37.10	5.98	$2,893
Nov 2008	0	705	55.49	6.86	$4,837
Oct 2008	0	739	75.24	6.92	$5,115
Sep 2008	0	684	101.76	7.88	$5,388
Aug 2008	0	1,182	114.22	8.48	$10,027
Jul 2008	0	704	131.08	11.39	$8,018
Jun 2008	0	680	131.33	13.03	$8,862
May 2008	0	759	123.17	11.57	$8,785
Apr 2008	0	544	110.31	10.45	$5,687
Mar 2008	0	637	101.90	9.66	$6,156
Feb 2008	0	668	92.53	8.77	$5,859
Jan 2008	0	652	90.38	8.21	$5,350
Dec 2007	0	646	88.33	7.30	$4,717
Nov 2007	34	678	91.67	7.29	$8,061
Oct 2007	0	839	82.85	6.92	$5,808
Sep 2007	0	960	75.84	6.24	$5,994
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	754	70.90	6.39	$4,817
Jun 2007	0	890	62.00	7.55	$6,718
May 2007	0	705	58.74	7.85	$5,532
Apr 2007	0	677	59.61	7.81	$5,284
Mar 2007	0	581	56.92	7.30	$4,242
Feb 2007	0	622	55.10	8.22	$5,110
Jan 2007	0	576	50.30	6.73	$3,875
Dec 2006	0	589	56.65	6.92	$4,075
Nov 2006	0	613	54.20	7.62	$4,670
Oct 2006	0	548	54.90	6.01	$3,296
Sep 2006	0	608	60.08	5.04	$3,063
Aug 2006	0	705	68.71	7.34	$5,175
Jul 2006	0	744	69.37	6.34	$4,719
Jun 2006	0	790	66.28	6.38	$5,043
May 2006	0	558	66.01	6.42	$3,585
Apr 2006	0	493	64.39	7.36	$3,629
Mar 2006	0	566	56.70	7.08	$4,009
Feb 2006	0	485	57.59	7.75	$3,759
Jan 2006	0	278	60.59	8.93	$2,483
Dec 2005	0	188	54.94	13.42	$2,522
Nov 2005	0	340	54.69	10.59	$3,600
Oct 2005	0	340	58.34	13.80	$4,691
Sep 2005	0	604	61.45	12.08	$7,296
Aug 2005	0	621	61.51	9.80	$6,084
Jul 2005	0	600	55.69	7.84	$4,706
Jun 2005	0	701	52.33	7.38	$5,174
May 2005	0	806	45.22	6.65	$5,361
Apr 2005	0	691	49.20	7.36	$5,086
Mar 2005	0	672	50.37	7.15	$4,808
Feb 2005	0	549	45.22	6.31	$3,465
Jan 2005	0	637	43.16	6.32	$4,027
Dec 2004	0	629	39.86	6.75	$4,246
Nov 2004	81	646	45.28	6.33	$7,757
Oct 2004	0	708	49.70	6.52	$4,613
Sep 2004	0	672	43.24	5.28	$3,551
Aug 2004	0	449	42.37	5.55	$2,492
Jul 2004	0	660	38.28	6.08	$4,016
Jun 2004	0	645	36.10	6.43	$4,149
May 2004	0	757	37.48	6.49	$4,916
Apr 2004	0	706	34.47	5.86	$4,136
Mar 2004	0	704	34.36	5.53	$3,893
Feb 2004	0	581	32.45	5.51	$3,201
Jan 2004	0	514	32.03	6.30	$3,238
Dec 2003	0	593	30.26	6.30	$3,737
Nov 2003	0	568	28.80	4.60	$2,610
Oct 2003	0	734	28.17	4.76	$3,494
Sep 2003	131	737	26.31	4.75	$6,947
Aug 2003	0	747	29.76	5.13	$3,832
Jul 2003	0	713	29.41	5.17	$3,687
Jun 2003	0	821	28.56	5.98	$4,912
May 2003	0	663	26.59	5.97	$3,960
Apr 2003	0	459	26.67	5.41	$2,482
Mar 2003	0	486	31.14	6.10	$2,963
Feb 2003	0	536	33.48	7.93	$4,248
Jan 2003	0	688	30.31	5.58	$3,840
Dec 2002	0	516	26.91	4.85	$2,505
Nov 2002	0	476	24.66	4.14	$1,969
Oct 2002	0	642	26.46	4.23	$2,715
Sep 2002	0	642	27.44	3.64	$2,334
Aug 2002	0	634	25.96	3.16	$2,006
Jul 2002	0	717	24.58	3.06	$2,195
Jun 2002	0	713	23.73	3.34	$2,380
May 2002	0	797	24.66	3.58	$2,856
Apr 2002	0	760	23.65	3.51	$2,669
Mar 2002	0	790	22.00	3.10	$2,451
Feb 2002	0	657	18.22	2.38	$1,561
Jan 2002	0	793	17.17	2.38	$1,884
Dec 2001	0	760	16.93	2.36	$1,797
Nov 2001	156	697	18.07	2.41	$4,496
Oct 2001	0	682	19.78	2.53	$1,725
Sep 2001	0	481	24.26	2.25	$1,083
Aug 2001	0	538	24.87	3.05	$1,643
Jul 2001	0	981	23.93	3.20	$3,136
Jun 2001	0	682	24.56	3.82	$2,608
May 2001	0	692	25.52	4.31	$2,981
Apr 2001	0	792	24.68	5.34	$4,226
Mar 2001	0	908	24.54	5.38	$4,882
Feb 2001	0	849	27.75	5.77	$4,896
Jan 2001	0	831	27.47	8.40	$6,979
Dec 2000	0	1,098	26.88	9.12	$10,017
Nov 2000	0	1,024	32.21	5.66	$5,794
Oct 2000	0	1,015	31.23	5.15	$5,223
Sep 2000	154	926	31.87	5.19	$9,711
Aug 2000	11	897	29.64	4.54	$4,399
Jul 2000	0	1,042	28.53	4.09	$4,262
Jun 2000	0	1,098	29.30	4.40	$4,828
May 2000	0	1,129	27.26	3.68	$4,154
Apr 2000	0	1,084	24.51	3.12	$3,378
Mar 2000	0	1,098	28.42	2.86	$3,140
Feb 2000	0	988	27.62	2.73	$2,694
Jan 2000	0	1,078	25.27	2.48	$2,674
Dec 1999	0	1,040	24.28	2.42	$2,521
Nov 1999	0	1,059	23.19	2.43	$2,578
Oct 1999	0	1,232	20.98	2.80	$3,454
Sep 1999	0	1,191	21.75	2.62	$3,119
Aug 1999	0	1,271	19.26	2.88	$3,655
Jul 1999	14	1,202	17.89	2.37	$3,102
Jun 1999	0	1,228	15.94	2.36	$2,901
May 1999	0	1,456	15.79	2.32	$3,379
Apr 1999	0	1,368	15.10	2.21	$3,021
Mar 1999	0	1,466	12.47	1.84	$2,695
Feb 1999	0	1,337	9.98	1.82	$2,430
Jan 1999	0	1,250	10.38	1.90	$2,375
Dec 1998	184	1,209	9.20	1.77	$3,837
Nov 1998	0	1,084	10.89	2.19	$2,369
Oct 1998	0	1,022	12.42	1.97	$2,013
Sep 1998	0	827	12.59	2.08	$1,722
Aug 1998	0	1,231	11.30	1.91	$2,348
Jul 1998	0	1,222	11.74	2.24	$2,734
Jun 1998	0	1,035	11.24	2.24	$2,316
May 1998	0	1,000	12.62	2.21	$2,206
Apr 1998	0	929	13.04	2.51	$2,327
Mar 1998	0	1,178	12.80	2.31	$2,721
Feb 1998	0	681	13.95	2.30	$1,566
Jan 1998	0	558	14.70	2.15	$1,202
Dec 1997	0	568	16.32	2.41	$1,370
Nov 1997	0	920	18.19	3.09	$2,841
Oct 1997	0	1,194	19.25	3.15	$3,761
Sep 1997	0	1,424	17.74	2.95	$4,208
Aug 1997	175	1,325	17.86	2.55	$6,511
Jul 1997	0	1,333	17.58	2.25	$2,995
Jun 1997	0	1,250	17.24	2.26	$2,822
May 1997	0	1,104	18.97	2.31	$2,549
Apr 1997	0	1,126	17.88	2.08	$2,345
Mar 1997	0	1,211	18.95	1.94	$2,348
Feb 1997	0	1,500	20.49	2.21	$3,309
Jan 1997	0	1,513	23.48	3.54	$5,356
Dec 1996	0	1,507	23.32	—	$0
Nov 1996	0	1,334	21.97	—	$0
Oct 1996	181	1,249	23.31	—	$4,219
Sep 1996	0	1,241	22.22	—	$0
Aug 1996	0	1,428	20.26	—	$0
Jul 1996	0	1,481	19.55	—	$0
Jun 1996	0	1,308	18.73	—	$0
May 1996	0	1,429	19.43	—	$0
Apr 1996	0	1,482	21.51	—	$0
Mar 1996	0	1,432	19.38	—	$0
Feb 1996	0	1,404	16.98	—	$0
Jan 1996	0	1,247	17.07	—	$0
Dec 1995	166	1,488	17.19	—	$2,854
Nov 1995	0	1,500	16.00	—	$0
Oct 1995	0	1,500	15.43	—	$0
Sep 1995	0	1,400	16.18	—	$0
Aug 1995	0	871	15.92	—	$0
Jul 1995	0	1,700	15.24	—	$0
Jun 1995	0	1,669	16.41	—	$0
May 1995	0	750	17.56	—	$0
Apr 1995	0	1,000	17.73	—	$0
Mar 1995	180	1,003	16.44	—	$2,959
Feb 1995	0	993	16.58	—	$0
Jan 1995	0	1,499	15.92	—	$0
Dec 1994	0	1,900	15.03	—	$0
Nov 1994	0	1,940	15.90	—	$0
Oct 1994	0	1,557	15.58	—	$0
Sep 1994	183	1,602	15.29	—	$2,798
Aug 1994	0	1,795	16.13	—	$0
Jul 1994	0	550	17.56	—	$0
Jun 1994	0	532	17.09	—	$0
May 1994	181	1,052	15.88	—	$2,874
Apr 1994	0	788	14.14	—	$0
Mar 1994	0	812	12.46	—	$0
Feb 1994	0	781	12.50	—	$0
Jan 1994	0	731	12.66	—	$0
Dec 1993	0	1,102	12.33	—	$0
Nov 1993	0	1,054	14.49	—	$0
Oct 1993	189	1,106	15.85	—	$2,996
Sep 1993	0	1,146	15.03	—	$0
Aug 1993	0	900	15.66	—	$0
Jul 1993	0	914	15.46	—	$0
Jun 1993	0	993	16.79	—	$0
May 1993	0	969	17.68	—	$0
Apr 1993	188	953	18.05	—	$3,393
Mar 1993	0	1,005	18.14	—	$0
Feb 1993	0	1,047	17.90	—	$0
Jan 1993	0	1,052	16.93	—	$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.

Dec 2012 — as filed, then multipliedworked

Condensate            38 bbl  × $ 86.77 =     $3,297
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $3,297

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. 06/G/115044 is the state's own key, not one this site invented.