FINDLEY, M.K.

Name: FINDLEY, M.K. lease production and value, Oct 1994 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 152351District 06Field 664612752 tax incentive programmesCondensateGasSave Export

Value, all time

$3.8 M

Oct 1994 – Sep 2016

Value, last 12 filed months

$36 k

at the published price for each month

Months reported

264

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	1995-02-27	131475
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	5,670 bbl	$173,807
Gas	Production	1,230,011 Mcf	$3,625,091
Total			$3,798,897

376,090 Mcf of this lease's gas, across 25 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 32.3569, -94.5178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35693, -94.51780 · 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

10,472 ft

1 wells filed one

Completion to plug

21.7 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 10,472 ft.

Completions filed

Oct 1994

1 of 1 wells

Plug dates filed

Jun 2016

1 of 1 wells

Last completion to plug: a median of 21.7 years across the 1 well that filed both dates, with the middle half between 21.7 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40132570	5	10,472 ft	Oct 1994	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 (264)

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

264 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	62	497	45.35	2.69	$4,147
May 2016	0	1,489	42.52	1.99	$2,965
Apr 2016	2	1,381	36.56	1.99	$2,823
Mar 2016	0	1,586	33.01	1.79	$2,845
Feb 2016	1	1,541	26.47	2.06	$3,207
Jan 2016	0	1,715	27.35	2.36	$4,055
Dec 2015	172	1,698	32.36	2.00	$8,964
Nov 2015	0	1,484	38.79	2.17	$3,216
Oct 2015	0	1,582	43.55	2.43	$3,839
Sep 2015	0	1,384	42.99	2.76	$3,818
Aug 2015	0	1,363	40.16	2.87	$3,915
Jul 2015	0	1,151	48.15	2.95	$3,390
Jun 2015	0	994	56.15	2.88	$2,866
May 2015	0	1,082	55.21	2.96	$3,198
Apr 2015	0	1,114	49.82	2.71	$3,015
Mar 2015	0	1,242	42.89	2.93	$3,645
Feb 2015	0	1,115	44.66	2.98	$3,318
Jan 2015	0	1,328	43.43	3.10	$4,118
Dec 2014	0	1,391	54.69	3.59	$4,996
Nov 2014	0	1,151	70.46	4.25	$4,894
Oct 2014	0	1,153	78.30	3.90	$4,498
Sep 2014	0	1,243	86.16	4.05	$5,028
Aug 2014	0	1,346	89.39	4.04	$5,431
Jul 2014	0	1,376	96.56	4.18	$5,751
Jun 2014	0	1,165	98.16	4.74	$5,518
May 2014	0	1,275	94.73	4.73	$6,026
Apr 2014	96	1,251	95.94	4.81	$15,226
Mar 2014	0	1,337	95.89	5.06	$6,761
Feb 2014	0	1,214	97.40	6.19	$7,517
Jan 2014	0	1,597	90.40	4.86	$7,763
Dec 2013	0	1,719	91.82	4.35	$7,485
Nov 2013	0	1,655	88.85	3.74	$6,187
Oct 2013	0	1,669	97.42	3.78	$6,308
Sep 2013	0	1,436	104.11	3.72	$5,339
Aug 2013	0	1,613	104.25	3.52	$5,682
Jul 2013	0	1,588	102.52	3.72	$5,904
Jun 2013	151	1,702	94.40	3.93	$20,949
May 2013	0	1,912	94.83	4.15	$7,933
Apr 2013	0	1,900	93.96	4.28	$8,137
Mar 2013	0	1,968	93.62	3.91	$7,701
Feb 2013	0	1,676	91.23	3.42	$5,732
Jan 2013	0	1,908	91.60	3.42	$6,525
Dec 2012	0	1,970	86.77	3.42	$6,738
Nov 2012	0	1,919	86.95	3.62	$6,956
Oct 2012	0	1,814	89.38	3.40	$6,167
Sep 2012	0	1,898	94.67	2.92	$5,539
Aug 2012	0	1,884	92.66	2.91	$5,479
Jul 2012	0	1,960	85.13	3.02	$5,921
Jun 2012	0	1,912	79.82	2.52	$4,816
May 2012	0	1,959	91.61	2.49	$4,875
Apr 2012	0	1,790	101.65	2.00	$3,574
Mar 2012	0	2,006	105.05	2.22	$4,457
Feb 2012	154	1,487	101.10	2.57	$19,391
Jan 2012	0	2,001	98.09	2.73	$5,471
Dec 2011	0	1,884	96.87	3.24	$6,104
Nov 2011	0	1,850	95.72	3.31	$6,126
Oct 2011	0	1,950	84.98	3.65	$7,115
Sep 2011	0	1,792	83.62	3.99	$7,143
Aug 2011	0	1,881	83.40	4.15	$7,805
Jul 2011	0	2,091	94.14	4.52	$9,446
Jun 2011	0	1,995	92.90	4.64	$9,257
May 2011	0	1,824	98.13	4.40	$8,034
Apr 2011	0	1,880	105.96	4.33	$8,147
Mar 2011	0	1,946	96.36	4.06	$7,896
Feb 2011	0	2,074	85.64	4.18	$8,669
Jan 2011	0	1,892	86.50	4.59	$8,682
Dec 2010	0	2,067	85.73	4.35	$8,987
Nov 2010	0	1,759	80.84	3.80	$6,676
Oct 2010	0	2,260	78.10	3.51	$7,930
Sep 2010	0	1,995	72.63	3.98	$7,939
Aug 2010	0	2,227	73.68	4.42	$9,842
Jul 2010	0	2,309	72.55	4.74	$10,937
Jun 2010	153	2,267	70.36	4.91	$21,897
May 2010	0	2,325	71.12	4.24	$9,847
Apr 2010	0	2,253	81.69	4.12	$9,288
Mar 2010	0	2,591	78.39	4.39	$11,371
Feb 2010	0	2,423	73.58	5.44	$13,187
Jan 2010	0	2,752	74.36	5.96	$16,413
Dec 2009	0	2,711	71.44	5.48	$14,866
Nov 2009	0	2,485	74.59	3.75	$9,322
Oct 2009	0	2,611	72.54	4.11	$10,732
Sep 2009	0	2,525	65.54	3.06	$7,738
Aug 2009	0	2,758	67.42	3.22	$8,877
Jul 2009	0	2,249	61.13	3.46	$7,792
Jun 2009	0	2,288	66.16	3.90	$8,912
May 2009	0	2,678	54.74	3.93	$10,513
Apr 2009	0	2,782	46.77	3.59	$9,980
Mar 2009	0	2,630	42.14	4.06	$10,675
Feb 2009	0	1,375	32.81	4.63	$6,370
Jan 2009	152	1,553	35.86	5.37	$13,792
Dec 2008	0	1,522	37.10	5.98	$9,097
Nov 2008	0	2,249	55.49	6.86	$15,429
Oct 2008	0	2,941	75.24	6.92	$20,358
Sep 2008	0	2,997	101.76	7.88	$23,608
Aug 2008	0	2,256	114.22	8.48	$19,138
Jul 2008	0	1,895	131.08	11.39	$21,583
Jun 2008	0	2,724	131.33	13.03	$35,501
May 2008	0	2,726	123.17	11.57	$31,552
Apr 2008	0	2,504	110.31	10.45	$26,179
Mar 2008	0	1,728	101.90	9.66	$16,700
Feb 2008	0	2,235	92.53	8.77	$19,602
Jan 2008	147	1,698	90.38	8.21	$27,219
Dec 2007	0	2,121	88.33	7.30	$15,487
Nov 2007	0	2,007	91.67	7.29	$14,634
Oct 2007	0	3,956	82.85	6.92	$27,383
Sep 2007	0	3,210	75.84	6.24	$20,044
Aug 2007	0	3,042	69.06	6.39	$19,432
Jul 2007	0	2,385	70.90	6.39	$15,235
Jun 2007	0	3,068	62.00	7.55	$23,159
May 2007	0	2,552	58.74	7.85	$20,024
Apr 2007	0	2,992	59.61	7.81	$23,353
Mar 2007	0	3,072	56.92	7.30	$22,432
Feb 2007	0	3,324	55.10	8.22	$27,310
Jan 2007	0	2,983	50.30	6.73	$20,066
Dec 2006	0	2,351	56.65	6.92	$16,265
Nov 2006	0	2,504	54.20	7.62	$19,074
Oct 2006	0	360	54.90	6.01	$2,165
Sep 2006	0	1,318	60.08	5.04	$6,639
Aug 2006	0	2,109	68.71	7.34	$15,480
Jul 2006	142	2,189	69.37	6.34	$23,735
Jun 2006	0	2,807	66.28	6.38	$17,920
May 2006	0	2,583	66.01	6.42	$16,596
Apr 2006	0	2,450	64.39	7.36	$18,033
Mar 2006	153	3,176	56.70	7.08	$31,170
Feb 2006	0	2,377	57.59	7.75	$18,424
Jan 2006	0	2,380	60.59	8.93	$21,261
Dec 2005	0	5,377	54.94	13.42	$72,135
Nov 2005	0	4,108	54.69	10.59	$43,497
Oct 2005	0	3,884	58.34	13.80	$53,583
Sep 2005	0	2,767	61.45	12.08	$33,423
Aug 2005	0	2,752	61.51	9.80	$26,961
Jul 2005	0	2,620	55.69	7.84	$20,550
Jun 2005	0	2,568	52.33	7.38	$18,955
May 2005	0	2,209	45.22	6.65	$14,692
Apr 2005	0	2,459	49.20	7.36	$18,099
Mar 2005	0	3,314	50.37	7.15	$23,711
Feb 2005	0	3,011	45.22	6.31	$19,005
Jan 2005	1	4,030	43.16	6.32	$25,522
Dec 2004	0	3,898	39.86	6.75	$26,316
Nov 2004	0	3,069	45.28	6.33	$19,428
Oct 2004	0	3,352	49.70	6.52	$21,839
Sep 2004	0	2,888	43.24	5.28	$15,260
Aug 2004	0	3,189	42.37	5.55	$17,701
Jul 2004	0	3,153	38.28	6.08	$19,183
Jun 2004	0	3,096	36.10	6.43	$19,917
May 2004	0	3,123	37.48	6.49	$20,283
Apr 2004	0	3,639	34.47	5.86	$21,319
Mar 2004	0	5,295	34.36	5.53	$29,282
Feb 2004	0	5,584	32.45	5.51	$30,766
Jan 2004	0	5,477	32.03	6.30	$34,503
Dec 2003	0	5,788	30.26	6.30	$36,474
Nov 2003	0	5,136	28.80	4.60	$23,601
Oct 2003	0	4,749	28.17	4.76	$22,604
Sep 2003	0	4,509	26.31	4.75	$21,415
Aug 2003	0	3,038	29.76	5.13	$15,584
Jul 2003	0	1,782	29.41	5.17	$9,214
Jun 2003	0	2,770	28.56	5.98	$16,573
May 2003	25	2,470	26.59	5.97	$15,417
Apr 2003	0	3,665	26.67	5.41	$19,818
Mar 2003	0	4,364	31.14	6.10	$26,603
Feb 2003	0	2,891	33.48	7.93	$22,914
Jan 2003	0	3,010	30.31	5.58	$16,802
Dec 2002	0	4,952	26.91	4.85	$24,036
Nov 2002	0	4,459	24.66	4.14	$18,447
Oct 2002	0	2,505	26.46	4.23	$10,594
Sep 2002	134	2,418	27.44	3.64	$12,467
Aug 2002	0	4,551	25.96	3.16	$14,400
Jul 2002	0	6,467	24.58	3.06	$19,800
Jun 2002	0	2,865	23.73	3.34	$9,564
May 2002	0	5,255	24.66	3.58	$18,834
Apr 2002	0	5,245	23.65	3.51	$18,422
Mar 2002	0	4,122	22.00	3.10	$12,789
Feb 2002	0	4,030	18.22	2.38	$9,574
Jan 2002	169	5,177	17.17	2.38	$15,201
Dec 2001	0	5,947	16.93	2.36	$14,061
Nov 2001	0	5,531	18.07	2.41	$13,305
Oct 2001	0	6,332	19.78	2.53	$16,013
Sep 2001	0	5,709	24.26	2.25	$12,853
Aug 2001	0	6,797	24.87	3.05	$20,752
Jul 2001	0	6,405	23.93	3.20	$20,477
Jun 2001	0	5,291	24.56	3.82	$20,234
May 2001	174	5,356	25.52	4.31	$27,510
Apr 2001	0	5,362	24.68	5.34	$28,608
Mar 2001	0	5,394	24.54	5.38	$29,001
Feb 2001	0	4,961	27.75	5.77	$28,610
Jan 2001	158	6,012	27.47	8.40	$54,834
Dec 2000	0	6,424	26.88	9.12	$58,603
Nov 2000	0	6,572	32.21	5.66	$37,184
Oct 2000	0	5,993	31.23	5.15	$30,837
Sep 2000	0	6,432	31.87	5.19	$33,360
Aug 2000	0	5,958	29.64	4.54	$27,054
Jul 2000	0	5,944	28.53	4.09	$24,309
Jun 2000	0	5,666	29.30	4.40	$24,915
May 2000	0	4,793	27.26	3.68	$17,637
Apr 2000	0	4,856	24.51	3.12	$15,131
Mar 2000	0	5,131	28.42	2.86	$14,673
Feb 2000	0	4,934	27.62	2.73	$13,453
Jan 2000	0	5,250	25.27	2.48	$13,023
Dec 1999	178	5,172	24.28	2.42	$16,857
Nov 1999	0	5,504	23.19	2.43	$13,397
Oct 1999	0	7,040	20.98	2.80	$19,738
Sep 1999	0	6,979	21.75	2.62	$18,277
Aug 1999	0	6,876	19.26	2.88	$19,773
Jul 1999	0	6,947	17.89	2.37	$16,481
Jun 1999	0	6,066	15.94	2.36	$14,329
May 1999	181	7,436	15.79	2.32	$20,117
Apr 1999	0	7,093	15.10	2.21	$15,662
Mar 1999	0	7,437	12.47	1.84	$13,672
Feb 1999	0	6,702	9.98	1.82	$12,183
Jan 1999	0	6,043	10.38	1.90	$11,481
Dec 1998	0	6,944	9.20	1.77	$12,314
Nov 1998	180	7,691	10.89	2.19	$18,771
Oct 1998	0	8,115	12.42	1.97	$15,980
Sep 1998	0	8,265	12.59	2.08	$17,213
Aug 1998	0	7,819	11.30	1.91	$14,914
Jul 1998	0	8,060	11.74	2.24	$18,032
Jun 1998	0	8,140	11.24	2.24	$18,211
May 1998	181	8,109	12.62	2.21	$20,175
Apr 1998	0	7,944	13.04	2.51	$19,902
Mar 1998	0	8,916	12.80	2.31	$20,591
Feb 1998	0	8,627	13.95	2.30	$19,835
Jan 1998	0	8,016	14.70	2.15	$17,273
Dec 1997	182	9,434	16.32	2.41	$25,717
Nov 1997	0	8,169	18.19	3.09	$25,228
Oct 1997	0	8,875	19.25	3.15	$27,955
Sep 1997	0	8,066	17.74	2.95	$23,834
Aug 1997	177	8,575	17.86	2.55	$25,068
Jul 1997	0	9,029	17.58	2.25	$20,288
Jun 1997	0	8,794	17.24	2.26	$19,850
May 1997	0	9,602	18.97	2.31	$22,166
Apr 1997	178	9,450	17.88	2.08	$22,865
Mar 1997	0	9,935	18.95	1.94	$19,265
Feb 1997	0	9,373	20.49	2.21	$20,676
Jan 1997	0	10,234	23.48	3.54	$36,225
Dec 1996	0	10,011	23.32	—	$0
Nov 1996	182	10,263	21.97	—	$3,999
Oct 1996	0	11,189	23.31	—	$0
Sep 1996	0	12,685	22.22	—	$0
Aug 1996	179	14,406	20.26	—	$3,627
Jul 1996	5	16,570	19.55	—	$98
Jun 1996	183	10,780	18.73	—	$3,428
May 1996	3	9,751	19.43	—	$58
Apr 1996	0	8,757	21.51	—	$0
Mar 1996	183	8,761	19.38	—	$3,547
Feb 1996	0	8,074	16.98	—	$0
Jan 1996	0	9,408	17.07	—	$0
Dec 1995	186	10,282	17.19	—	$3,197
Nov 1995	0	11,412	16.00	—	$0
Oct 1995	183	11,537	15.43	—	$2,824
Sep 1995	1	13,691	16.18	—	$16
Aug 1995	171	14,102	15.92	—	$2,722
Jul 1995	174	15,145	15.24	—	$2,652
Jun 1995	1	16,250	16.41	—	$16
May 1995	174	18,449	17.56	—	$3,055
Apr 1995	179	19,743	17.73	—	$3,174
Mar 1995	182	35,475	16.44	—	$2,992
Feb 1995	0	0	16.58	—	$0
Jan 1995	186	12,723	15.92	—	$2,961
Dec 1994	4	37,896	15.03	—	$60
Nov 1994	191	28,730	15.90	—	$3,037
Oct 1994	0	0	15.58	—	$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.

Jun 2016 — as filed, then multipliedworked

Condensate            62 bbl  × $ 45.35 =     $2,812
Gas                  497 Mcf  × $  2.69 =     $1,335

────────────────────────────────────────────────────
Month total                                   $4,147

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/152351 is the state's own key, not one this site invented.