BONHAM-LATHAM

Operated by TRI-STATE RESOURCES, INC. (P-5 871109) in the QUITMAN (DERR) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5238District 06Field 73844188OilCasinghead gasSaveExport
Value, all time
$295 k
Jan 1993 – Mar 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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 33 leases and 48 wells, and the rule below applies to all of them.

Discovered
1967-02-01
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition15,240 bbl$295,014
Casinghead gasProduction144 Mcf$368
Total$295,382

48 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 (2)

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 32.8653, -95.4686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.86526, -95.46859 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,330 ft
2 wells filed one
Completion to plug
41.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 4,310 and 4,350 ft, median 4,330 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1968
2 of 2 wells
Plug dates filed
Jul 2007 – Feb 2012
2 of 2 wells

Last completion to plug: a median of 41.7 years across the 2 wells that filed both dates, with the middle half between 40.5 years and 42.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-499025641 A4,310 ftMar 1968Jul 2007Yes
42-4990256324,350 ftMar 1968Feb 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 (231)

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

231 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 200726050.306.73$1,308
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040139.866.75$7
Nov 20040145.286.33$6
Oct 20040149.706.52$7
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 2003150130.315.58$4,552
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 2002113123.733.34$2,685
May 20023124.663.58$78
Apr 20020123.653.51$4
Mar 20023122.003.10$69
Feb 20023118.222.38$57
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 2001163118.072.41$2,948
Oct 2001182119.782.53$3,602
Sep 20011124.262.25$27
Aug 2001164124.873.05$4,082
Jul 2001162123.933.20$3,880
Jun 2001186124.563.82$4,572
May 2001186125.524.31$4,751
Apr 2001156124.685.34$3,855
Mar 2001179124.545.38$4,398
Feb 2001181127.755.77$5,029
Jan 20011127.478.40$36
Dec 2000176126.889.12$4,740
Nov 2000171132.215.66$5,514
Oct 2000308131.235.15$9,624
Sep 2000183131.875.19$5,837
Aug 2000173129.644.54$5,132
Jul 20000128.534.09$4
Jun 2000185129.304.40$5,425
May 2000196127.263.68$5,347
Apr 20000124.513.12$3
Mar 2000174128.422.86$4,948
Feb 2000172127.622.73$4,753
Jan 2000160125.272.48$4,046
Dec 1999172124.282.42$4,179
Nov 1999174123.192.43$4,037
Oct 1999175120.982.80$3,674
Sep 1999181121.752.62$3,939
Aug 1999154119.262.88$2,969
Jul 1999162117.892.37$2,901
Jun 1999159115.942.36$2,537
May 1999165115.792.32$2,608
Apr 1999366115.102.21$5,529
Mar 1999180112.471.84$2,246
Feb 1999319.981.82$32
Jan 19992110.381.90$23
Dec 199831719.201.77$2,918
Nov 19981110.892.19$13
Oct 19981112.421.97$14
Sep 1998147112.592.08$1,853
Aug 19981111.301.91$13
Jul 1998168111.742.24$1,975
Jun 19981111.242.24$13
May 19983112.622.21$40
Apr 1998171113.042.51$2,232
Mar 19984112.802.31$54
Feb 1998166113.952.30$2,318
Jan 1998173114.702.15$2,545
Dec 19972116.322.41$35
Nov 1997156118.193.09$2,841
Oct 1997167119.253.15$3,218
Sep 19970117.742.95$3
Aug 1997153117.862.55$2,735
Jul 1997160117.582.25$2,815
Jun 1997165117.242.26$2,847
May 1997167118.972.31$3,170
Apr 1997166117.882.08$2,970
Mar 19971118.951.94$21
Feb 1997159120.492.21$3,260
Jan 1997155123.483.54$3,643
Dec 1996154123.32$3,591
Nov 19962121.97$44
Oct 1996142123.31$3,310
Sep 1996149122.22$3,311
Aug 1996160120.26$3,242
Jul 1996165119.55$3,226
Jun 199698118.73$1,836
May 1996268119.43$5,207
Apr 19961121.51$22
Mar 1996140119.38$2,713
Feb 1996161116.98$2,734
Jan 1996161117.07$2,748
Dec 1995159117.19$2,733
Nov 1995219116.00$3,504
Oct 19951115.43$15
Sep 1995143116.18$2,314
Aug 1995162115.92$2,579
Jul 1995163115.24$2,484
Jun 1995161116.41$2,642
May 1995284117.56$4,987
Apr 19950117.73$0
Mar 1995134116.44$2,203
Feb 199553116.58$879
Jan 1995105115.92$1,672
Dec 1994159115.03$2,390
Nov 199477115.90$1,224
Oct 1994170115.58$2,649
Sep 1994178115.29$2,722
Aug 199430116.13$484
Jul 1994139117.56$2,441
Jun 1994212117.09$3,623
May 1994183115.88$2,906
Apr 1994185114.14$2,616
Mar 1994183112.46$2,280
Feb 199499112.50$1,238
Jan 1994284112.66$3,595
Dec 19930112.33$0
Nov 1993177114.49$2,565
Oct 199392115.85$1,458
Sep 1993179115.03$2,690
Aug 1993205115.66$3,210
Jul 1993279115.46$4,313
Jun 19933116.79$50
May 1993268117.68$4,738
Apr 1993212118.05$3,827
Mar 1993162118.14$2,939
Feb 1993247117.90$4,421
Jan 199378116.93$1,321

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.

Jan 2007 — as filed, then multipliedworked
Oil                   26 bbl  × $ 50.30 =     $1,308
Casinghead gas         0 Mcf  × $  6.73 =         $0

────────────────────────────────────────────────────
Month total                                   $1,308

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/5238 is the state's own key, not one this site invented.