KELLY, K. M. OIL UNIT #2

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the WILLOW SPRINGS, SE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5373District 06Field 97757500OilCasinghead gasSaveExport
Value, all time
$158 k
Jan 1993 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
269
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1969-04-21
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 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 2017-04-04.

The Commission's schedule remark for this field reads: ADDED. PRORATION PLATS REQUIRED.

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
OilDisposition6,219 bbl$125,721
Casinghead gasProduction35,052 Mcf$32,096
Total$157,817

22,956 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 32.4454, -94.7627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44536, -94.76275 · 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
7,550 ft
1 wells filed one
Completion to plug
38.8 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 7,550 ft.

Completions filed
Jul 1969
1 of 1 wells
Plug dates filed
May 2008
1 of 1 wells

Last completion to plug: a median of 38.8 years across the 1 well that filed both dates, with the middle half between 38.8 years and 38.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1833000717,550 ftJul 1969May 2008Yes

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 (269)

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

269 months

May 20150055.212.96$0
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 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121020101.102.57$10,312
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 20070050.306.73$0
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 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 200204126.464.23$173
Sep 20021491627.443.64$4,147
Aug 2002019525.963.16$617
Jul 2002013124.583.06$401
Jun 200206823.733.34$227
May 2002170524.663.58$4,210
Apr 2002017823.653.51$625
Mar 2002027422.003.10$850
Feb 200218318918.222.38$3,783
Jan 2002027017.172.38$641
Dec 200117233716.932.36$3,709
Nov 20012311718.072.41$697
Oct 20011747519.782.53$3,631
Sep 200118410524.262.25$4,700
Aug 200115027924.873.05$4,582
Jul 2001046523.933.20$1,487
Jun 200117035224.563.82$5,521
May 2001031025.524.31$1,335
Apr 20011024.685.34$25
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200014734628.422.86$5,167
Feb 2000012627.622.73$344
Jan 200014221325.272.48$4,117
Dec 1999032024.282.42$776
Nov 199918923.192.43$240
Oct 19993137820.982.80$6,785
Sep 199903021.752.62$79
Aug 199909219.262.88$265
Jul 19991813617.892.37$3,324
Jun 19990015.942.36$0
May 199903015.792.32$70
Apr 199909615.102.21$212
Mar 199904812.471.84$88
Feb 19990489.981.82$87
Jan 199901010.381.90$19
Dec 19980799.201.77$140
Nov 199809210.892.19$201
Oct 199804712.421.97$93
Sep 199815620212.592.08$2,385
Aug 199808811.301.91$168
Jul 19980611.742.24$13
Jun 1998010911.242.24$244
May 1998029912.622.21$660
Apr 19981836513.042.51$2,549
Mar 1998011412.802.31$263
Feb 1998025213.952.30$579
Jan 199809714.702.15$209
Dec 19970216.322.41$5
Nov 199711776018.193.09$4,475
Oct 1997058219.253.15$1,833
Sep 199708617.742.95$254
Aug 1997040017.862.55$1,022
Jul 199713146717.582.25$3,352
Jun 1997028817.242.26$650
May 1997214318.972.31$368
Apr 1997061617.882.08$1,283
Mar 199714590218.951.94$4,497
Feb 199718690520.492.21$5,807
Jan 199719252623.483.54$6,370
Dec 1996058023.32$0
Nov 1996057121.97$0
Oct 199617438723.31$4,056
Sep 1996020522.22$0
Aug 1996050320.26$0
Jul 1996023319.55$0
Jun 1996048618.73$0
May 19961811,15219.43$3,517
Apr 1996059821.51$0
Mar 1996096519.38$0
Feb 199616143316.98$2,734
Jan 1996047817.07$0
Dec 1995080217.19$0
Nov 1995143016.00$16
Oct 199517569715.43$2,700
Sep 1995093716.18$0
Aug 1995031415.92$0
Jul 19951587715.24$2,408
Jun 1995065316.41$0
May 1995042417.56$0
Apr 199518827517.73$3,333
Mar 1995027516.44$0
Feb 1995023716.58$0
Jan 199518447115.92$2,929
Dec 1994053315.03$0
Nov 199418675215.90$2,957
Oct 1994046515.58$0
Sep 1994049515.29$0
Aug 199416446716.13$2,645
Jul 1994046717.56$0
Jun 199416136617.09$2,751
May 199418117315.88$2,874
Apr 1994067314.14$0
Mar 1994039812.46$0
Feb 199416594812.50$2,063
Jan 199419074812.66$2,405
Dec 1993052412.33$0
Nov 1993044614.49$0
Oct 1993030515.85$0
Sep 199317738815.03$2,660
Aug 1993017015.66$0
Jul 1993016415.46$0
Jun 1993048016.79$0
May 199319557017.68$3,448
Apr 1993048718.05$0
Mar 19930118.14$0
Feb 199320436417.90$3,652
Jan 1993038916.93$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.

Feb 2012 — as filed, then multipliedworked
Oil                  102 bbl  × $101.10 =    $10,312
Casinghead gas         0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                  $10,312

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/5373 is the state's own key, not one this site invented.