MADISON, LOIS -B-

Name: MADISON, LOIS -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21969District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$2.9 M

Jan 1993 – Jun 2013

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

246

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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
NGPA	3	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
Oil	Disposition	70,310 bbl	$1,879,112
Casinghead gas	Production	412,422 Mcf	$994,507
Total			$2,873,620

180,954 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 (6)

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 32.2974, -101.9423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.29670, -101.94245 · 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%

6 of 6 wells

With a plug date

83.3%

5 of 6 wells

Median depth

9,228 ft

6 wells filed one

Completion to plug

18.6 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

583.3%

BothOn the schedule and plugged. Neither fact cancels the other.

583.3%

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 9,200 and 12,300 ft, median 9,228 ft, over the 6 wells that filed a depth.

Completions filed

Oct 1981 – Sep 1989

4 of 6 wells; 2 filed none

Plug dates filed

Apr 1971 – Mar 2013

5 of 6 wells; 1 filed none

Last completion to plug: a median of 18.6 years across the 4 wells that filed both dates, with the middle half between 18.0 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-31730324	1	9,225 ft	—	—	Yes
42-31730330	2	9,225 ft	—	Apr 1971	Yes
42-31733589	5	12,300 ft	Sep 1989	Feb 2008	Yes
42-31732696	4	9,270 ft	May 1983	Mar 2000	Yes
42-31732580	3	9,230 ft	Oct 1982	Mar 2013	Yes
42-31732377	1X	9,200 ft	Oct 1981	Jun 2000	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 (246)

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

246 months


Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	64	93.62	3.91	$250
Feb 2013	0	64	91.23	3.42	$219
Jan 2013	0	64	91.60	3.42	$219
Dec 2012	0	64	86.77	3.42	$219
Nov 2012	0	64	86.95	3.62	$232
Oct 2012	0	64	89.38	3.40	$218
Sep 2012	0	64	94.67	2.92	$187
Aug 2012	0	64	92.66	2.91	$186
Jul 2012	0	64	85.13	3.02	$193
Jun 2012	171	64	79.82	2.52	$13,810
May 2012	0	64	91.61	2.49	$159
Apr 2012	0	64	101.65	2.00	$128
Mar 2012	0	112	105.05	2.22	$249
Feb 2012	0	106	101.10	2.57	$272
Jan 2012	175	143	98.09	2.73	$17,557
Dec 2011	0	117	96.87	3.24	$379
Nov 2011	0	67	95.72	3.31	$222
Oct 2011	202	79	84.98	3.65	$17,454
Sep 2011	0	251	83.62	3.99	$1,000
Aug 2011	0	115	83.40	4.15	$477
Jul 2011	0	64	94.14	4.52	$289
Jun 2011	0	64	92.90	4.64	$297
May 2011	179	64	98.13	4.40	$17,847
Apr 2011	0	151	105.96	4.33	$654
Mar 2011	179	136	96.36	4.06	$17,800
Feb 2011	0	90	85.64	4.18	$376
Jan 2011	0	229	86.50	4.59	$1,051
Dec 2010	177	281	85.73	4.35	$16,396
Nov 2010	0	306	80.84	3.80	$1,161
Oct 2010	0	324	78.10	3.51	$1,137
Sep 2010	166	308	72.63	3.98	$13,282
Aug 2010	0	137	73.68	4.42	$605
Jul 2010	0	64	72.55	4.74	$303
Jun 2010	180	71	70.36	4.91	$13,013
May 2010	0	99	71.12	4.24	$419
Apr 2010	175	73	81.69	4.12	$14,597
Mar 2010	0	143	78.39	4.39	$628
Feb 2010	0	224	73.58	5.44	$1,219
Jan 2010	177	260	74.36	5.96	$14,712
Dec 2009	0	173	71.44	5.48	$949
Nov 2009	0	211	74.59	3.75	$792
Oct 2009	0	158	72.54	4.11	$649
Sep 2009	173	227	65.54	3.06	$12,034
Aug 2009	0	223	67.42	3.22	$718
Jul 2009	0	191	61.13	3.46	$662
Jun 2009	0	95	66.16	3.90	$370
May 2009	177	299	54.74	3.93	$10,863
Apr 2009	0	152	46.77	3.59	$545
Mar 2009	0	232	42.14	4.06	$942
Feb 2009	82	239	32.81	4.63	$3,798
Jan 2009	0	130	35.86	5.37	$698
Dec 2008	173	117	37.10	5.98	$7,118
Nov 2008	0	75	55.49	6.86	$515
Oct 2008	0	72	75.24	6.92	$498
Sep 2008	173	111	101.76	7.88	$18,479
Aug 2008	0	80	114.22	8.48	$679
Jul 2008	0	379	131.08	11.39	$4,317
Jun 2008	172	120	131.33	13.03	$24,153
May 2008	0	96	123.17	11.57	$1,111
Apr 2008	0	86	110.31	10.45	$899
Mar 2008	169	268	101.90	9.66	$19,811
Feb 2008	173	476	92.53	8.77	$20,182
Jan 2008	85	566	90.38	8.21	$12,327
Dec 2007	165	459	88.33	7.30	$17,926
Nov 2007	0	517	91.67	7.29	$3,770
Oct 2007	165	645	82.85	6.92	$18,135
Sep 2007	0	611	75.84	6.24	$3,815
Aug 2007	170	760	69.06	6.39	$16,595
Jul 2007	180	1,007	70.90	6.39	$19,195
Jun 2007	0	861	62.00	7.55	$6,499
May 2007	183	765	58.74	7.85	$16,752
Apr 2007	176	879	59.61	7.81	$17,352
Mar 2007	324	1,510	56.92	7.30	$29,468
Feb 2007	346	1,181	55.10	8.22	$28,768
Jan 2007	180	1,448	50.30	6.73	$18,794
Dec 2006	346	1,169	56.65	6.92	$27,689
Nov 2006	357	625	54.20	7.62	$24,110
Oct 2006	0	1,223	54.90	6.01	$7,355
Sep 2006	345	1,034	60.08	5.04	$25,936
Aug 2006	0	1,056	68.71	7.34	$7,751
Jul 2006	306	751	69.37	6.34	$25,991
Jun 2006	341	1,437	66.28	6.38	$31,775
May 2006	0	1,489	66.01	6.42	$9,567
Apr 2006	357	1,584	64.39	7.36	$34,646
Mar 2006	334	1,214	56.70	7.08	$27,536
Feb 2006	361	931	57.59	7.75	$28,006
Jan 2006	0	1,295	60.59	8.93	$11,569
Dec 2005	290	1,421	54.94	13.42	$34,996
Nov 2005	699	1,129	54.69	10.59	$50,183
Oct 2005	361	1,418	58.34	13.80	$40,623
Sep 2005	0	1,171	61.45	12.08	$14,145
Aug 2005	367	872	61.51	9.80	$31,117
Jul 2005	0	973	55.69	7.84	$7,632
Jun 2005	215	1,414	52.33	7.38	$21,688
May 2005	0	1,373	45.22	6.65	$9,132
Apr 2005	550	1,610	49.20	7.36	$38,910
Mar 2005	291	1,538	50.37	7.15	$25,662
Feb 2005	681	1,472	45.22	6.31	$40,086
Jan 2005	0	1,475	43.16	6.32	$9,325
Dec 2004	0	1,093	39.86	6.75	$7,379
Nov 2004	0	931	45.28	6.33	$5,894
Oct 2004	319	1,065	49.70	6.52	$22,793
Sep 2004	0	1,181	43.24	5.28	$6,240
Aug 2004	279	1,518	42.37	5.55	$20,247
Jul 2004	503	1,854	38.28	6.08	$30,535
Jun 2004	0	1,753	36.10	6.43	$11,277
May 2004	453	1,140	37.48	6.49	$24,382
Apr 2004	0	1,133	34.47	5.86	$6,638
Mar 2004	610	1,660	34.36	5.53	$30,140
Feb 2004	0	1,596	32.45	5.51	$8,793
Jan 2004	284	1,726	32.03	6.30	$19,970
Dec 2003	649	1,820	30.26	6.30	$31,108
Nov 2003	0	1,838	28.80	4.60	$8,446
Oct 2003	319	1,873	28.17	4.76	$17,901
Sep 2003	612	1,820	26.31	4.75	$24,746
Aug 2003	0	1,256	29.76	5.13	$6,443
Jul 2003	566	1,256	29.41	5.17	$23,141
Jun 2003	0	1,634	28.56	5.98	$9,776
May 2003	269	1,862	26.59	5.97	$18,274
Apr 2003	479	1,784	26.67	5.41	$22,422
Mar 2003	301	1,170	31.14	6.10	$16,506
Feb 2003	422	634	33.48	7.93	$19,154
Jan 2003	0	446	30.31	5.58	$2,490
Dec 2002	0	1,091	26.91	4.85	$5,295
Nov 2002	306	1,134	24.66	4.14	$12,237
Oct 2002	167	1,180	26.46	4.23	$9,409
Sep 2002	281	867	27.44	3.64	$10,862
Aug 2002	190	382	25.96	3.16	$6,141
Jul 2002	259	646	24.58	3.06	$8,344
Jun 2002	0	879	23.73	3.34	$2,934
May 2002	0	567	24.66	3.58	$2,032
Apr 2002	321	782	23.65	3.51	$10,338
Mar 2002	189	968	22.00	3.10	$7,161
Feb 2002	350	693	18.22	2.38	$8,023
Jan 2002	0	1,007	17.17	2.38	$2,392
Dec 2001	347	877	16.93	2.36	$7,948
Nov 2001	0	1,469	18.07	2.41	$3,534
Oct 2001	201	1,531	19.78	2.53	$7,848
Sep 2001	256	1,112	24.26	2.25	$8,714
Aug 2001	0	1,609	24.87	3.05	$4,913
Jul 2001	414	1,640	23.93	3.20	$15,150
Jun 2001	0	1,596	24.56	3.82	$6,103
May 2001	723	1,576	25.52	4.31	$25,239
Apr 2001	0	1,748	24.68	5.34	$9,326
Mar 2001	707	1,708	24.54	5.38	$26,533
Feb 2001	0	1,749	27.75	5.77	$10,087
Jan 2001	0	1,667	27.47	8.40	$14,001
Dec 2000	613	1,493	26.88	9.12	$30,097
Nov 2000	0	1,968	32.21	5.66	$11,135
Oct 2000	0	1,806	31.23	5.15	$9,293
Sep 2000	653	1,889	31.87	5.19	$30,608
Aug 2000	0	1,209	29.64	4.54	$5,490
Jul 2000	435	1,068	28.53	4.09	$16,778
Jun 2000	0	405	29.30	4.40	$1,781
May 2000	0	1,174	27.26	3.68	$4,320
Apr 2000	548	1,970	24.51	3.12	$19,570
Mar 2000	0	2,094	28.42	2.86	$5,988
Feb 2000	733	2,013	27.62	2.73	$25,734
Jan 2000	0	2,094	25.27	2.48	$5,194
Dec 1999	572	1,323	24.28	2.42	$17,095
Nov 1999	2	2,197	23.19	2.43	$5,394
Oct 1999	475	2,067	20.98	2.80	$15,761
Sep 1999	2	2,133	21.75	2.62	$5,630
Aug 1999	0	1,950	19.26	2.88	$5,607
Jul 1999	765	2,154	17.89	2.37	$18,796
Jun 1999	0	1,908	15.94	2.36	$4,507
May 1999	754	2,174	15.79	2.32	$16,952
Apr 1999	0	1,760	15.10	2.21	$3,886
Mar 1999	0	2,152	12.47	1.84	$3,956
Feb 1999	3	1,892	9.98	1.82	$3,469
Jan 1999	778	2,008	10.38	1.90	$11,891
Dec 1998	0	2,023	9.20	1.77	$3,587
Nov 1998	0	2,054	10.89	2.19	$4,489
Oct 1998	738	2,374	12.42	1.97	$13,841
Sep 1998	0	2,221	12.59	2.08	$4,626
Aug 1998	3	2,568	11.30	1.91	$4,932
Jul 1998	764	3,116	11.74	2.24	$15,941
Jun 1998	441	3,020	11.24	2.24	$11,713
May 1998	444	3,293	12.62	2.21	$12,869
Apr 1998	0	3,030	13.04	2.51	$7,591
Mar 1998	693	3,359	12.80	2.31	$16,628
Feb 1998	441	3,052	13.95	2.30	$13,169
Jan 1998	652	3,267	14.70	2.15	$16,624
Dec 1997	515	3,138	16.32	2.41	$15,971
Nov 1997	790	3,291	18.19	3.09	$24,534
Oct 1997	0	3,234	19.25	3.15	$10,187
Sep 1997	469	3,424	17.74	2.95	$18,438
Aug 1997	773	3,543	17.86	2.55	$22,857
Jul 1997	0	3,784	17.58	2.25	$8,502
Jun 1997	410	3,700	17.24	2.26	$15,420
May 1997	662	3,977	18.97	2.31	$21,739
Apr 1997	445	3,429	17.88	2.08	$15,098
Mar 1997	806	3,916	18.95	1.94	$22,867
Feb 1997	431	3,512	20.49	2.21	$16,578
Jan 1997	767	3,782	23.48	3.54	$31,396
Dec 1996	465	3,747	23.32	—	$10,844
Nov 1996	788	3,902	21.97	—	$17,312
Oct 1996	1,261	4,204	23.31	—	$29,394
Sep 1996	0	3,077	22.22	—	$0
Aug 1996	454	3,056	20.26	—	$9,198
Jul 1996	666	2,755	19.55	—	$13,020
Jun 1996	740	4,155	18.73	—	$13,860
May 1996	459	3,867	19.43	—	$8,918
Apr 1996	0	3,830	21.51	—	$0
Mar 1996	628	3,715	19.38	—	$12,171
Feb 1996	764	3,393	16.98	—	$12,973
Jan 1996	476	3,305	17.07	—	$8,125
Dec 1995	310	3,322	17.19	—	$5,329
Nov 1995	470	3,608	16.00	—	$7,520
Oct 1995	533	3,828	15.43	—	$8,224
Sep 1995	465	3,711	16.18	—	$7,524
Aug 1995	803	4,341	15.92	—	$12,784
Jul 1995	1	4,151	15.24	—	$15
Jun 1995	1,109	4,108	16.41	—	$18,199
May 1995	0	4,257	17.56	—	$0
Apr 1995	768	3,476	17.73	—	$13,617
Mar 1995	332	3,839	16.44	—	$5,458
Feb 1995	807	3,705	16.58	—	$13,380
Jan 1995	433	4,268	15.92	—	$6,893
Dec 1994	801	4,812	15.03	—	$12,039
Nov 1994	419	4,606	15.90	—	$6,662
Oct 1994	736	4,717	15.58	—	$11,467
Sep 1994	819	3,006	15.29	—	$12,523
Aug 1994	464	4,799	16.13	—	$7,484
Jul 1994	803	5,549	17.56	—	$14,101
Jun 1994	450	4,150	17.09	—	$7,691
May 1994	1,098	4,831	15.88	—	$17,436
Apr 1994	801	4,672	14.14	—	$11,326
Mar 1994	808	4,899	12.46	—	$10,068
Feb 1994	1,239	2,651	12.50	—	$15,488
Jan 1994	463	1,415	12.66	—	$5,862
Dec 1993	984	620	12.33	—	$12,133
Nov 1993	805	3,029	14.49	—	$11,664
Oct 1993	885	4,286	15.85	—	$14,027
Sep 1993	431	3,439	15.03	—	$6,478
Aug 1993	1,168	3,136	15.66	—	$18,291
Jul 1993	355	3,271	15.46	—	$5,488
Jun 1993	1,145	3,911	16.79	—	$19,225
May 1993	453	3,192	17.68	—	$8,009
Apr 1993	1,218	3,503	18.05	—	$21,985
Mar 1993	698	4,180	18.14	—	$12,662
Feb 1993	1,237	4,297	17.90	—	$22,142
Jan 1993	697	4,363	16.93	—	$11,800

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.

Mar 2013 — as filed, then multipliedworked

Oil                    0 bbl  × $ 93.62 =         $0
Casinghead gas        64 Mcf  × $  3.91 =       $250

────────────────────────────────────────────────────
Month total                                     $250

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/21969 is the state's own key, not one this site invented.