CRANE -A- FEE

Operated by MAYNE & MERTZ, INC. (P-5 536905) in the EDWARDS -04- (WADDELL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17554District 08Field 27775830OilCasinghead gasSaveExport
Value, all time
$554 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 6 leases and 8 wells, and the rule below applies to all of them.

Discovered
1959-09-16
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition24,293 bbl$423,569
Casinghead gasProduction123,820 Mcf$130,441
Total$554,010

72,762 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 31.6272, -102.4312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.62716, -102.43116 · 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
11,969 ft
2 wells filed one
Completion to plug
18.5 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 11,945 and 11,993 ft, median 11,969 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1974 – Feb 1987
2 of 2 wells
Plug dates filed
Jan 1995 – Aug 2003
2 of 2 wells

Last completion to plug: a median of 18.5 years across the 2 wells that filed both dates, with the middle half between 17.5 years and 19.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-10310506311,993 ftFeb 1987Aug 2003Yes
42-103041721 U11,945 ftAug 1974Jan 1995Yes

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 (183)

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

183 months

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 200337029.765.13$1,101
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 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 200115019.782.53$297
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 20010124.685.34$5
Mar 20010124.545.38$5
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 20000126.889.12$9
Nov 20000232.215.66$11
Oct 2000042931.235.15$2,207
Sep 200019892231.875.19$11,092
Aug 2000092129.644.54$4,182
Jul 2000058228.534.09$2,380
Jun 200018516929.304.40$6,164
May 20002121,29927.263.68$10,559
Apr 20003841,56424.513.12$14,285
Mar 20001951,52128.422.86$9,892
Feb 20003771,44727.622.73$14,358
Jan 20002021,19125.272.48$8,059
Dec 19991851,55824.282.42$8,268
Nov 19993871,56523.192.43$12,784
Oct 199919252320.982.80$5,495
Sep 19991791,58621.752.62$8,047
Aug 19993531,56619.262.88$11,302
Jul 19993771,51417.892.37$10,336
Jun 199901,34515.942.36$3,177
May 19993521,33015.792.32$8,645
Apr 19991781,43915.102.21$5,865
Mar 19991801,08412.471.84$4,237
Feb 19991801,4669.981.82$4,461
Jan 19993661,49810.381.90$6,645
Dec 19983541,6519.201.77$6,185
Nov 19981771,53510.892.19$5,283
Oct 19983681,78512.421.97$8,086
Sep 19981841,08112.592.08$4,568
Aug 199816555711.301.91$2,927
Jul 199852494511.742.24$8,266
Jun 1998028911.242.24$647
May 19980412.622.21$9
Apr 199853892613.042.51$9,335
Mar 19981831,84212.802.31$6,596
Feb 19983681,55613.952.30$8,711
Jan 19981901,30514.702.15$5,605
Dec 199735973316.322.41$7,626
Nov 19973491,93318.193.09$12,318
Oct 199734046919.253.15$8,022
Sep 199733782317.742.95$8,410
Aug 199718244817.862.55$4,395
Jul 19975551,68217.582.25$13,536
Jun 19971931,67817.242.26$7,115
May 19973571,82918.972.31$10,995
Apr 1997093617.882.08$1,949
Mar 199717715018.951.94$3,645
Feb 19971813020.492.21$3,775
Jan 1997034323.483.54$1,214
Dec 19961821,26623.32$4,244
Nov 19963261,56721.97$7,162
Oct 19963501,62323.31$8,159
Sep 19961811,89222.22$4,022
Aug 19963561,37820.26$7,213
Jul 19963652,01819.55$7,136
Jun 19963591,68018.73$6,724
May 19963581,79419.43$6,956
Apr 19963621,44521.51$7,787
Mar 19967101,74019.38$13,760
Feb 19961771,80816.98$3,005
Jan 199636785317.07$6,265
Dec 1995047217.19$0
Nov 19953572,50916.00$5,712
Oct 199517660715.43$2,716
Sep 199535089616.18$5,663
Aug 19953681,06715.92$5,859
Jul 199515756815.24$2,393
Jun 199516057116.41$2,626
May 19951681,13717.56$2,950
Apr 19953091,17517.73$5,479
Mar 19953391,12516.44$5,573
Feb 199516889416.58$2,785
Jan 19953361,20015.92$5,349
Dec 19941571,68215.03$2,360
Nov 19942731,34515.90$4,341
Oct 19944051,73515.58$6,310
Sep 19941821,81815.29$2,783
Aug 19941851,72216.13$2,984
Jul 19941812,00617.56$3,178
Jun 19945141,51717.09$8,784
May 1994081015.88$0
Apr 19944251,68514.14$6,010
Mar 19943811,57812.46$4,747
Feb 199401,49312.50$0
Jan 19942781,97012.66$3,519
Dec 19933211,82612.33$3,958
Nov 19932601,68614.49$3,767
Oct 19934312,32915.85$6,831
Sep 19934702,41115.03$7,064
Aug 199301,67115.66$0
Jul 19934072,09115.46$6,292
Jun 19933911,67616.79$6,565
May 199301,46517.68$0
Apr 19933871,67318.05$6,985
Mar 19934232,16318.14$7,673
Feb 199301,36717.90$0
Jan 19934261,75816.93$7,212

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.

Aug 2003 — as filed, then multipliedworked
Oil                   37 bbl  × $ 29.76 =     $1,101
Casinghead gas         0 Mcf  × $  5.13 =         $0

────────────────────────────────────────────────────
Month total                                   $1,101

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. 08/O/17554 is the state's own key, not one this site invented.