FINDLEY, M.K.

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

Operated by MEMORIAL PRODUCTION OPER. LLC (P-5 559624) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140119District 06Field 664612752 tax incentive programmesCondensateGasSave Export

Value, all time

$3.3 M

Jan 1993 – Sep 2016

Value, last 12 filed months

$30 k

at the published price for each month

Months reported

285

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) 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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered

1976-11-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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
High Cost Gas	1	1	1992-05-26	125370
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	4,189 bbl	$123,092
Gas	Production	1,269,792 Mcf	$3,171,290
Total			$3,294,382

518,545 Mcf of this lease's gas, across 44 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 32.3556, -94.5115. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35564, -94.51146 · 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

10,500 ft

1 wells filed one

Completion to plug

24.6 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 10,500 ft.

Completions filed

Nov 1991

1 of 1 wells

Plug dates filed

Jun 2016

1 of 1 wells

Last completion to plug: a median of 24.6 years across the 1 well that filed both dates, with the middle half between 24.6 years and 24.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40132344	3	10,500 ft	Nov 1991	Jun 2016	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 (285)

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

285 months


Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	58	119	45.35	2.69	$2,950
May 2016	0	1,224	42.52	1.99	$2,437
Apr 2016	0	1,250	36.56	1.99	$2,489
Mar 2016	0	1,179	33.01	1.79	$2,115
Feb 2016	53	1,274	26.47	2.06	$4,032
Jan 2016	61	1,441	27.35	2.36	$5,075
Dec 2015	0	1,380	32.36	2.00	$2,762
Nov 2015	0	1,548	38.79	2.17	$3,355
Oct 2015	0	1,829	43.55	2.43	$4,438
Sep 2015	0	1,517	42.99	2.76	$4,185
Aug 2015	0	1,464	40.16	2.87	$4,205
Jul 2015	0	1,351	48.15	2.95	$3,979
Jun 2015	0	1,312	56.15	2.88	$3,782
May 2015	0	1,506	55.21	2.96	$4,451
Apr 2015	0	1,593	49.82	2.71	$4,312
Mar 2015	0	1,532	42.89	2.93	$4,496
Feb 2015	0	1,199	44.66	2.98	$3,568
Jan 2015	0	1,150	43.43	3.10	$3,566
Dec 2014	0	1,118	54.69	3.59	$4,015
Nov 2014	0	1,473	70.46	4.25	$6,263
Oct 2014	0	1,487	78.30	3.90	$5,801
Sep 2014	0	818	86.16	4.05	$3,309
Aug 2014	0	953	89.39	4.04	$3,845
Jul 2014	0	1,217	96.56	4.18	$5,087
Jun 2014	0	1,572	98.16	4.74	$7,446
May 2014	0	1,520	94.73	4.73	$7,184
Apr 2014	21	1,269	95.94	4.81	$8,118
Mar 2014	0	1,196	95.89	5.06	$6,048
Feb 2014	0	906	97.40	6.19	$5,610
Jan 2014	160	1,787	90.40	4.86	$23,150
Dec 2013	0	1,782	91.82	4.35	$7,760
Nov 2013	0	1,340	88.85	3.74	$5,009
Oct 2013	0	1,339	97.42	3.78	$5,061
Sep 2013	0	1,363	104.11	3.72	$5,067
Aug 2013	0	937	104.25	3.52	$3,301
Jul 2013	0	1,702	102.52	3.72	$6,328
Jun 2013	0	1,587	94.40	3.93	$6,242
May 2013	1	2,005	94.83	4.15	$8,414
Apr 2013	0	1,941	93.96	4.28	$8,313
Mar 2013	0	2,152	93.62	3.91	$8,421
Feb 2013	0	774	91.23	3.42	$2,647
Jan 2013	0	1,765	91.60	3.42	$6,036
Dec 2012	0	1,908	86.77	3.42	$6,526
Nov 2012	0	1,837	86.95	3.62	$6,659
Oct 2012	0	2,074	89.38	3.40	$7,051
Sep 2012	0	2,075	94.67	2.92	$6,056
Aug 2012	0	2,200	92.66	2.91	$6,398
Jul 2012	0	1,890	85.13	3.02	$5,709
Jun 2012	160	2,010	79.82	2.52	$17,834
May 2012	0	2,118	91.61	2.49	$5,270
Apr 2012	0	1,969	101.65	2.00	$3,932
Mar 2012	0	2,164	105.05	2.22	$4,809
Feb 2012	0	2,049	101.10	2.57	$5,266
Jan 2012	0	2,269	98.09	2.73	$6,204
Dec 2011	0	1,902	96.87	3.24	$6,162
Nov 2011	0	1,878	95.72	3.31	$6,219
Oct 2011	0	2,255	84.98	3.65	$8,227
Sep 2011	0	2,082	83.62	3.99	$8,298
Aug 2011	0	2,131	83.40	4.15	$8,842
Jul 2011	0	2,250	94.14	4.52	$10,164
Jun 2011	0	2,108	92.90	4.64	$9,781
May 2011	0	2,050	98.13	4.40	$9,030
Apr 2011	0	2,504	105.96	4.33	$10,851
Mar 2011	0	2,394	96.36	4.06	$9,713
Feb 2011	0	1,239	85.64	4.18	$5,179
Jan 2011	0	1,814	86.50	4.59	$8,324
Dec 2010	0	1,501	85.73	4.35	$6,526
Nov 2010	0	1,905	80.84	3.80	$7,230
Oct 2010	0	2,222	78.10	3.51	$7,797
Sep 2010	0	2,145	72.63	3.98	$8,536
Aug 2010	0	1,438	73.68	4.42	$6,355
Jul 2010	0	1,927	72.55	4.74	$9,127
Jun 2010	0	2,154	70.36	4.91	$10,577
May 2010	0	2,216	71.12	4.24	$9,385
Apr 2010	0	2,251	81.69	4.12	$9,280
Mar 2010	0	2,097	78.39	4.39	$9,203
Feb 2010	0	1,956	73.58	5.44	$10,645
Jan 2010	0	1,930	74.36	5.96	$11,511
Dec 2009	0	2,058	71.44	5.48	$11,286
Nov 2009	165	2,144	74.59	3.75	$20,351
Oct 2009	0	2,224	72.54	4.11	$9,141
Sep 2009	0	2,052	65.54	3.06	$6,289
Aug 2009	0	2,210	67.42	3.22	$7,113
Jul 2009	0	1,692	61.13	3.46	$5,862
Jun 2009	0	1,906	66.16	3.90	$7,424
May 2009	0	1,980	54.74	3.93	$7,773
Apr 2009	0	2,260	46.77	3.59	$8,108
Mar 2009	0	2,296	42.14	4.06	$9,319
Feb 2009	0	2,039	32.81	4.63	$9,447
Jan 2009	0	1,494	35.86	5.37	$8,024
Dec 2008	0	1,923	37.10	5.98	$11,494
Nov 2008	0	2,269	55.49	6.86	$15,566
Oct 2008	0	2,413	75.24	6.92	$16,703
Sep 2008	0	2,222	101.76	7.88	$17,503
Aug 2008	0	2,376	114.22	8.48	$20,156
Jul 2008	0	2,370	131.08	11.39	$26,993
Jun 2008	0	2,452	131.33	13.03	$31,956
May 2008	0	2,489	123.17	11.57	$28,808
Apr 2008	0	2,415	110.31	10.45	$25,248
Mar 2008	0	2,696	101.90	9.66	$26,054
Feb 2008	0	2,352	92.53	8.77	$20,628
Jan 2008	0	1,889	90.38	8.21	$15,501
Dec 2007	0	2,402	88.33	7.30	$17,539
Nov 2007	0	2,402	91.67	7.29	$17,515
Oct 2007	0	2,036	82.85	6.92	$14,093
Sep 2007	0	2,654	75.84	6.24	$16,572
Aug 2007	0	2,665	69.06	6.39	$17,024
Jul 2007	0	2,258	70.90	6.39	$14,424
Jun 2007	0	2,282	62.00	7.55	$17,226
May 2007	0	2,127	58.74	7.85	$16,689
Apr 2007	0	2,109	59.61	7.81	$16,461
Mar 2007	0	2,157	56.92	7.30	$15,750
Feb 2007	0	2,291	55.10	8.22	$18,823
Jan 2007	0	2,819	50.30	6.73	$18,963
Dec 2006	0	2,796	56.65	6.92	$19,344
Nov 2006	0	3,279	54.20	7.62	$24,978
Oct 2006	0	363	54.90	6.01	$2,183
Sep 2006	0	1,096	60.08	5.04	$5,521
Aug 2006	79	2,036	68.71	7.34	$20,372
Jul 2006	0	2,674	69.37	6.34	$16,961
Jun 2006	0	2,701	66.28	6.38	$17,243
May 2006	0	2,506	66.01	6.42	$16,101
Apr 2006	3	2,774	64.39	7.36	$20,611
Mar 2006	0	2,947	56.70	7.08	$20,873
Feb 2006	1	2,593	57.59	7.75	$20,156
Jan 2006	0	2,944	60.59	8.93	$26,300
Dec 2005	0	2,688	54.94	13.42	$36,061
Nov 2005	0	2,810	54.69	10.59	$29,753
Oct 2005	4	2,918	58.34	13.80	$40,489
Sep 2005	0	2,958	61.45	12.08	$35,730
Aug 2005	0	3,225	61.51	9.80	$31,595
Jul 2005	177	3,173	55.69	7.84	$34,745
Jun 2005	0	2,980	52.33	7.38	$21,996
May 2005	0	3,023	45.22	6.65	$20,106
Apr 2005	0	3,152	49.20	7.36	$23,200
Mar 2005	0	3,362	50.37	7.15	$24,055
Feb 2005	0	2,543	45.22	6.31	$16,051
Jan 2005	0	2,623	43.16	6.32	$16,583
Dec 2004	0	1,968	39.86	6.75	$13,286
Nov 2004	0	2,180	45.28	6.33	$13,800
Oct 2004	0	2,600	49.70	6.52	$16,939
Sep 2004	0	2,797	43.24	5.28	$14,779
Aug 2004	0	3,685	42.37	5.55	$20,454
Jul 2004	0	3,535	38.28	6.08	$21,508
Jun 2004	0	3,553	36.10	6.43	$22,857
May 2004	0	3,619	37.48	6.49	$23,504
Apr 2004	161	3,169	34.47	5.86	$24,115
Mar 2004	0	3,142	34.36	5.53	$17,376
Feb 2004	0	3,023	32.45	5.51	$16,656
Jan 2004	0	3,635	32.03	6.30	$22,899
Dec 2003	0	3,490	30.26	6.30	$21,993
Nov 2003	0	3,108	28.80	4.60	$14,282
Oct 2003	0	3,650	28.17	4.76	$17,373
Sep 2003	0	3,100	26.31	4.75	$14,723
Aug 2003	0	3,697	29.76	5.13	$18,965
Jul 2003	0	3,677	29.41	5.17	$19,013
Jun 2003	0	3,395	28.56	5.98	$20,312
May 2003	111	3,992	26.59	5.97	$26,794
Apr 2003	0	3,687	26.67	5.41	$19,937
Mar 2003	0	3,861	31.14	6.10	$23,537
Feb 2003	0	3,582	33.48	7.93	$28,391
Jan 2003	0	4,116	30.31	5.58	$22,976
Dec 2002	0	3,962	26.91	4.85	$19,231
Nov 2002	0	4,691	24.66	4.14	$19,406
Oct 2002	0	3,451	26.46	4.23	$14,595
Sep 2002	0	4,327	27.44	3.64	$15,730
Aug 2002	0	4,890	25.96	3.16	$15,473
Jul 2002	0	4,571	24.58	3.06	$13,995
Jun 2002	0	4,313	23.73	3.34	$14,398
May 2002	0	5,015	24.66	3.58	$17,974
Apr 2002	0	6,050	23.65	3.51	$21,250
Mar 2002	0	5,915	22.00	3.10	$18,353
Feb 2002	0	5,195	18.22	2.38	$12,342
Jan 2002	0	5,369	17.17	2.38	$12,755
Dec 2001	0	3,249	16.93	2.36	$7,682
Nov 2001	0	4,530	18.07	2.41	$10,897
Oct 2001	0	5,055	19.78	2.53	$12,783
Sep 2001	0	5,506	24.26	2.25	$12,396
Aug 2001	0	5,734	24.87	3.05	$17,507
Jul 2001	0	4,646	23.93	3.20	$14,854
Jun 2001	0	5,531	24.56	3.82	$21,151
May 2001	0	5,857	25.52	4.31	$25,228
Apr 2001	164	5,848	24.68	5.34	$35,248
Mar 2001	0	5,362	24.54	5.38	$28,828
Feb 2001	0	3,214	27.75	5.77	$18,535
Jan 2001	0	2,185	27.47	8.40	$18,351
Dec 2000	0	2,453	26.88	9.12	$22,377
Nov 2000	0	2,321	32.21	5.66	$13,132
Oct 2000	0	2,515	31.23	5.15	$12,941
Sep 2000	0	2,156	31.87	5.19	$11,182
Aug 2000	0	2,244	29.64	4.54	$10,189
Jul 2000	0	2,831	28.53	4.09	$11,578
Jun 2000	0	2,782	29.30	4.40	$12,233
May 2000	0	2,885	27.26	3.68	$10,616
Apr 2000	0	2,733	24.51	3.12	$8,516
Mar 2000	0	3,166	28.42	2.86	$9,054
Feb 2000	0	2,328	27.62	2.73	$6,347
Jan 2000	0	3,080	25.27	2.48	$7,640
Dec 1999	160	3,002	24.28	2.42	$11,161
Nov 1999	0	3,111	23.19	2.43	$7,572
Oct 1999	0	3,299	20.98	2.80	$9,249
Sep 1999	0	3,420	21.75	2.62	$8,956
Aug 1999	0	3,597	19.26	2.88	$10,344
Jul 1999	0	3,447	17.89	2.37	$8,178
Jun 1999	0	3,471	15.94	2.36	$8,199
May 1999	0	3,530	15.79	2.32	$8,193
Apr 1999	0	3,618	15.10	2.21	$7,989
Mar 1999	0	3,725	12.47	1.84	$6,848
Feb 1999	0	3,563	9.98	1.82	$6,477
Jan 1999	0	4,368	10.38	1.90	$8,299
Dec 1998	0	5,042	9.20	1.77	$8,941
Nov 1998	0	8,310	10.89	2.19	$18,163
Oct 1998	180	7,037	12.42	1.97	$16,093
Sep 1998	0	7,850	12.59	2.08	$16,349
Aug 1998	0	8,559	11.30	1.91	$16,325
Jul 1998	0	8,968	11.74	2.24	$20,064
Jun 1998	0	9,256	11.24	2.24	$20,708
May 1998	0	9,916	12.62	2.21	$21,878
Apr 1998	0	10,209	13.04	2.51	$25,577
Mar 1998	0	12,698	12.80	2.31	$29,325
Feb 1998	0	9,503	13.95	2.30	$21,849
Jan 1998	0	10,572	14.70	2.15	$22,780
Dec 1997	173	11,478	16.32	2.41	$30,498
Nov 1997	0	7,599	18.19	3.09	$23,468
Oct 1997	0	10,867	19.25	3.15	$34,229
Sep 1997	0	10,845	17.74	2.95	$32,046
Aug 1997	0	9,399	17.86	2.55	$24,012
Jul 1997	0	9,761	17.58	2.25	$21,932
Jun 1997	0	9,579	17.24	2.26	$21,622
May 1997	178	5,452	18.97	2.31	$15,963
Apr 1997	0	5,355	17.88	2.08	$11,153
Mar 1997	0	5,556	18.95	1.94	$10,774
Feb 1997	0	5,861	20.49	2.21	$12,929
Jan 1997	0	7,833	23.48	3.54	$27,726
Dec 1996	0	6,946	23.32	—	$0
Nov 1996	3	7,445	21.97	—	$66
Oct 1996	0	6,676	23.31	—	$0
Sep 1996	179	8,853	22.22	—	$3,977
Aug 1996	0	8,322	20.26	—	$0
Jul 1996	0	8,766	19.55	—	$0
Jun 1996	0	8,451	18.73	—	$0
May 1996	0	11,222	19.43	—	$0
Apr 1996	0	13,508	21.51	—	$0
Mar 1996	0	11,352	19.38	—	$0
Feb 1996	175	17,626	16.98	—	$2,972
Jan 1996	0	4,204	17.07	—	$0
Dec 1995	0	13,410	17.19	—	$0
Nov 1995	0	67	16.00	—	$0
Oct 1995	0	14,313	15.43	—	$0
Sep 1995	181	16,060	16.18	—	$2,929
Aug 1995	2	18,192	15.92	—	$32
Jul 1995	1	18,578	15.24	—	$15
Jun 1995	173	18,446	16.41	—	$2,839
May 1995	1	22,636	17.56	—	$18
Apr 1995	180	16,688	17.73	—	$3,191
Mar 1995	1	13,980	16.44	—	$16
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	4,365	15.92	—	$0
Dec 1994	1	12,595	15.03	—	$15
Nov 1994	182	10,542	15.90	—	$2,894
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	11,358	17.56	—	$0
Jun 1994	0	10,942	17.09	—	$0
May 1994	2	12,104	15.88	—	$32
Apr 1994	179	11,035	14.14	—	$2,531
Mar 1994	1	10,187	12.46	—	$12
Feb 1994	2	10,355	12.50	—	$25
Jan 1994	0	9,180	12.66	—	$0
Dec 1993	172	7,217	12.33	—	$2,121
Nov 1993	0	9,624	14.49	—	$0
Oct 1993	0	11,950	15.85	—	$0
Sep 1993	175	12,888	15.03	—	$2,630
Aug 1993	0	12,848	15.66	—	$0
Jul 1993	0	13,109	15.46	—	$0
Jun 1993	165	13,577	16.79	—	$2,770
May 1993	0	16,082	17.68	—	$0
Apr 1993	170	17,573	18.05	—	$3,069
Mar 1993	0	14,924	18.14	—	$0
Feb 1993	0	11,348	17.90	—	$0
Jan 1993	174	9,001	16.93	—	$2,946

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.

Jun 2016 — as filed, then multipliedworked

Condensate            58 bbl  × $ 45.35 =     $2,630
Gas                  119 Mcf  × $  2.69 =       $320

────────────────────────────────────────────────────
Month total                                   $2,950

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/140119 is the state's own key, not one this site invented.