FURRH, J. M. ESTATE

Operated by BASA RESOURCES, INC. (P-5 53974) in the BETHANY (PETTIT 5720) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140298District 06Field 07527493CondensateGasSaveExport
Value, all time
$314 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
234
no gaps in the span
Streams
2
condensate, 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1986-05-13
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 06/01/2009.

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
CondensateDisposition791 bbl$22,876
GasProduction138,346 Mcf$291,062
Total$313,938

69,691 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 32.3528, -94.1344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35279, -94.13437 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,630 ft
1 wells filed one
Completion to plug
20.5 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 6,630 ft.

Completions filed
Dec 1991
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 20.5 years across the 1 well that filed both dates, with the middle half between 20.5 years and 20.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653123616,630 ftDec 1991Jun 2012Yes

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121290101.102.57$13,042
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011018095.723.31$596
Oct 201108184.983.65$296
Sep 201108083.623.99$319
Aug 201108983.404.15$369
Jul 2011018094.144.52$813
Jun 2011018092.904.64$835
May 2011018098.134.40$793
Apr 2011089105.964.33$386
Mar 2011017996.364.06$726
Feb 2011022085.644.18$920
Jan 2011018986.504.59$867
Dec 2010028085.734.35$1,217
Nov 2010028080.843.80$1,063
Oct 2010028078.103.51$982
Sep 2010028972.633.98$1,150
Aug 2010025973.684.42$1,145
Jul 2010024472.554.74$1,156
Jun 2010029770.364.91$1,458
May 2010024971.124.24$1,055
Apr 2010028081.694.12$1,154
Mar 2010030078.394.39$1,317
Feb 2010028973.585.44$1,573
Jan 2010028074.365.96$1,670
Dec 2009028071.445.48$1,535
Nov 2009031074.593.75$1,163
Oct 2009015872.544.11$649
Sep 2009025865.543.06$791
Aug 2009025067.423.22$805
Jul 2009025061.133.46$866
Jun 2009025066.163.90$974
May 2009028054.743.93$1,099
Apr 2009028846.773.59$1,033
Mar 2009025042.144.06$1,015
Feb 2009028032.814.63$1,297
Jan 2009025035.865.37$1,343
Dec 2008028037.105.98$1,674
Nov 2008028055.496.86$1,921
Oct 2008025075.246.92$1,731
Sep 20080300101.767.88$2,363
Aug 20080221114.228.48$1,875
Jul 20080300131.0811.39$3,417
Jun 20080190131.3313.03$2,476
May 20080349123.1711.57$4,039
Apr 20080300110.3110.45$3,136
Mar 20080280101.909.66$2,706
Feb 2008018092.538.77$1,579
Jan 2008010090.388.21$821
Dec 20070088.337.30$0
Nov 20070591.677.29$36
Oct 20070082.856.92$0
Sep 2007030075.846.24$1,873
Aug 2007030069.066.39$1,916
Jul 2007030070.906.39$1,916
Jun 2007028862.007.55$2,174
May 2007030058.747.85$2,354
Apr 2007030059.617.81$2,342
Mar 2007030056.927.30$2,191
Feb 2007030055.108.22$2,465
Jan 2007030050.306.73$2,018
Dec 2006030056.656.92$2,076
Nov 2006030054.207.62$2,285
Oct 2006030054.906.01$1,804
Sep 2006030060.085.04$1,511
Aug 2006030068.717.34$2,202
Jul 2006030069.376.34$1,903
Jun 2006030066.286.38$1,915
May 2006030066.016.42$1,928
Apr 20060064.397.36$0
Mar 2006030056.707.08$2,125
Feb 2006030057.597.75$2,325
Jan 2006030060.598.93$2,680
Dec 2005030054.9413.42$4,025
Nov 2005030054.6910.59$3,177
Oct 2005030058.3413.80$4,139
Sep 2005030061.4512.08$3,624
Aug 2005030061.519.80$2,939
Jul 2005044355.697.84$3,475
Jun 2005030052.337.38$2,214
May 2005030045.226.65$1,995
Apr 2005031049.207.36$2,282
Mar 2005030050.377.15$2,146
Feb 2005030045.226.31$1,894
Jan 2005030043.166.32$1,897
Dec 2004030039.866.75$2,025
Nov 2004030045.286.33$1,899
Oct 2004030049.706.52$1,955
Sep 20040043.245.28$0
Aug 2004030042.375.55$1,665
Jul 2004030038.286.08$1,825
Jun 2004030036.106.43$1,930
May 2004030037.486.49$1,948
Apr 2004030034.475.86$1,758
Mar 2004030034.365.53$1,659
Feb 2004030032.455.51$1,653
Jan 2004030032.036.30$1,890
Dec 2003035130.266.30$2,212
Nov 2003032428.804.60$1,489
Oct 2003030028.174.76$1,428
Sep 2003010026.314.75$475
Aug 2003030029.765.13$1,539
Jul 2003030029.415.17$1,551
Jun 2003031028.565.98$1,855
May 2003030026.595.97$1,792
Apr 2003030026.675.41$1,622
Mar 2003031031.146.10$1,890
Feb 2003032533.487.93$2,576
Jan 2003031030.315.58$1,730
Dec 2002012026.914.85$582
Nov 2002012724.664.14$525
Oct 2002036526.464.23$1,544
Sep 2002028027.443.64$1,018
Aug 2002021025.963.16$664
Jul 2002021024.583.06$643
Jun 2002021023.733.34$701
May 2002010924.663.58$391
Apr 2002029723.653.51$1,043
Mar 2002012322.003.10$382
Feb 2002025118.222.38$596
Jan 2002020017.172.38$475
Dec 2001029116.932.36$688
Nov 2001028818.072.41$693
Oct 2001029119.782.53$736
Sep 2001022924.262.25$516
Aug 2001029424.873.05$898
Jul 2001027723.933.20$886
Jun 20011023024.563.82$1,125
May 20011135325.524.31$1,801
Apr 2001925624.685.34$1,588
Mar 200102024.545.38$108
Feb 2001024327.755.77$1,401
Jan 2001027827.478.40$2,335
Dec 2000031526.889.12$2,874
Nov 2000031632.215.66$1,788
Oct 2000029231.235.15$1,502
Sep 2000024331.875.19$1,260
Aug 2000027129.644.54$1,231
Jul 2000029428.534.09$1,202
Jun 200004429.304.40$193
May 2000026127.263.68$960
Apr 2000028224.513.12$879
Mar 2000032528.422.86$929
Feb 2000036927.622.73$1,006
Jan 2000027925.272.48$692
Dec 1999036324.282.42$880
Nov 1999032223.192.43$784
Oct 1999033220.982.80$931
Sep 1999026921.752.62$704
Aug 1999031419.262.88$903
Jul 1999034517.892.37$818
Jun 199908015.942.36$189
May 199901915.792.32$44
Apr 1999039915.102.21$881
Mar 1999053912.471.84$991
Feb 199904129.981.82$749
Jan 1999021810.381.90$414
Dec 19981181279.201.77$1,311
Nov 19981226110.892.19$701
Oct 19983377612.421.97$1,938
Sep 199801,07012.592.08$2,228
Aug 199801,20611.301.91$2,300
Jul 1998071411.742.24$1,597
Jun 1998092111.242.24$2,061
May 1998083912.622.21$1,851
Apr 1998082413.042.51$2,064
Mar 19981611,15612.802.31$4,731
Feb 1998095913.952.30$2,205
Jan 199801,10514.702.15$2,381
Dec 1997099316.322.41$2,394
Nov 1997097118.193.09$2,999
Oct 199702,16219.253.15$6,810
Sep 199701,50017.742.95$4,432
Aug 199701,50217.862.55$3,837
Jul 199701,38717.582.25$3,117
Jun 199712092017.242.26$4,145
May 199701,72718.972.31$3,987
Apr 199701,81817.882.08$3,786
Mar 199701,95818.951.94$3,797
Feb 199731,83020.492.21$4,098
Jan 199701,79023.483.54$6,336
Dec 199601,94823.32$0
Nov 199602,06521.97$0
Oct 199601,87523.31$0
Sep 199601,40022.22$0
Aug 199602,13820.26$0
Jul 199601,87319.55$0
Jun 199601,31218.73$0
May 1996077819.43$0
Apr 199601,57721.51$0
Mar 199601,56219.38$0
Feb 199601,52616.98$0
Jan 199601,73217.07$0
Dec 199501,83317.19$0
Nov 199511,23616.00$16
Oct 199501,40815.43$0
Sep 199501,43616.18$0
Aug 199501,57715.92$0
Jul 199501,48315.24$0
Jun 199501,27216.41$0
May 199501,04217.56$0
Apr 199501,58117.73$0
Mar 199501,66216.44$0
Feb 199501,35816.58$0
Jan 199501,70615.92$0
Dec 199401,59015.03$0
Nov 199401,72415.90$0
Oct 199402,03815.58$0
Sep 199401,77915.29$0
Aug 199402,11516.13$0
Jul 199401,68217.56$0
Jun 199402,02617.09$0
May 199401,64015.88$0
Apr 1994076514.14$0
Mar 199401,63412.46$0
Feb 1994022912.50$0
Jan 1994047712.66$0
Dec 1993049112.33$0
Nov 1993026614.49$0
Oct 1993078815.85$0
Sep 199301,40515.03$0
Aug 199301,19015.66$0
Jul 199301,34015.46$0
Jun 1993071316.79$0
May 19931831,77417.68$3,235
Apr 199301,40818.05$0
Mar 199301,30018.14$0
Feb 199301,24617.90$0
Jan 199312,69116.93$17

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.

Feb 2012 — as filed, then multipliedworked
Condensate           129 bbl  × $101.10 =    $13,042
Gas                    0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                  $13,042

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/140298 is the state's own key, not one this site invented.