BUTLER, L A

Operated by THOMAS OPERATING LTD. CO. (P-5 854359) in the CHAPEL HILL (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14937District 06Field 17008777OilCasinghead gasSaveExport
Value, all time
$630 k
Jan 2010 – Sep 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
177
no gaps in the span
Streams
2
oil, casinghead 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 127 leases and 167 wells, and the rule below applies to all of them.

Discovered
1966-12-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1981-10-05.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 8-1-92.

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
OilDisposition5,474 bbl$465,284
Casinghead gasProduction40,648 Mcf$164,974
Total$630,258

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 32.3765, -95.0873. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37653, -95.08729 · 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
0.0%
0 of 1 wells
Median depth
8,700 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,700 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-4233223348,700 ftAug 2014Yes

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 (177)

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

177 months

Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015019142.992.76$527
Aug 2015032240.162.87$925
Jul 201508548.152.95$250
Jun 201505656.152.88$161
May 201503055.212.96$89
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201409478.303.90$367
Sep 2014026786.164.05$1,080
Aug 201401589.394.04$61
Jul 2014041596.564.18$1,735
Jun 201416052098.164.74$18,169
May 2014051994.734.73$2,453
Apr 2014011295.944.81$539
Mar 2014028495.895.06$1,436
Feb 2014031497.406.19$1,944
Jan 201418425790.404.86$17,883
Dec 2013018591.824.35$806
Nov 2013054288.853.74$2,026
Oct 2013054297.423.78$2,048
Sep 2013162529104.113.72$18,833
Aug 20130363104.253.52$1,279
Jul 20130388102.523.72$1,442
Jun 2013052894.403.93$2,077
May 201317039694.834.15$17,764
Apr 2013049093.964.28$2,098
Mar 2013055193.623.91$2,156
Feb 2013046791.233.42$1,597
Jan 201317951191.603.42$18,144
Dec 2012050986.773.42$1,741
Nov 201216740286.953.62$15,978
Oct 2012048089.383.40$1,632
Sep 2012055094.672.92$1,605
Aug 201215356492.662.91$15,817
Jul 2012044185.133.02$1,332
Jun 201215945779.822.52$13,843
May 2012055791.612.49$1,386
Apr 20120505101.652.00$1,008
Mar 2012182673105.052.22$20,615
Feb 20120594101.102.57$1,527
Jan 201217115098.092.73$17,184
Dec 2011059096.873.24$1,911
Nov 201115653695.723.31$16,707
Oct 2011059684.983.65$2,175
Sep 201115156883.623.99$14,891
Aug 201115858083.404.15$15,584
Jul 2011065694.144.52$2,963
Jun 201115960792.904.64$17,588
May 201116359498.134.40$18,612
Apr 2011160413105.964.33$18,743
Mar 2011030896.364.06$1,250
Feb 201115532385.644.18$14,624
Jan 201116266286.504.59$17,051
Dec 2010078985.734.35$3,430
Nov 201016094380.843.80$16,513
Oct 2010099378.103.51$3,484
Sep 20101591,68372.633.98$18,246
Aug 20101592,07273.684.42$20,872
Jul 20101622,16972.554.74$22,027
Jun 20101632,34470.364.91$22,979
May 20103012,46371.124.24$31,838
Apr 20103412,05481.694.12$36,324
Mar 20105271,91778.394.39$49,725
Feb 20105511,73473.585.44$49,980
Jan 2010019974.365.96$1,187

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.

Sep 2015 — as filed, then multipliedworked
Oil                    0 bbl  × $ 42.99 =         $0
Casinghead gas       191 Mcf  × $  2.76 =       $527

────────────────────────────────────────────────────
Month total                                     $527

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/O/14937 is the state's own key, not one this site invented.