MADISON, L. C.

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

Operated by REATTA ENERGY, INC. (P-5 696090) 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 22756District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$1.4 M

Jan 1993 – Jun 2015

Value, last 12 filed months

at the published price for each month

Months reported

270

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.”

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	42,785 bbl	$1,243,749
Casinghead gas	Production	89,076 Mcf	$133,974
Total			$1,377,723

59,254 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 32.3061, -102.0512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.30610, -102.05117 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

9,676 ft

2 wells filed one

Completion to plug

29.8 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 9,650 and 9,702 ft, median 9,676 ft, over the 2 wells that filed a depth.

Completions filed

Mar 1973 – Oct 1985

2 of 2 wells

Plug dates filed

Apr 2003 – Feb 2015

2 of 2 wells

Last completion to plug: a median of 29.8 years across the 2 wells that filed both dates, with the middle half between 29.5 years and 29.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31733109	2	9,702 ft	Oct 1985	Feb 2015	Yes
42-31730819	1	9,650 ft	Mar 1973	Apr 2003	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 (270)

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

270 months


Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	260	0	97.42	3.78	$25,329
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
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	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	1	0	101.10	2.57	$101
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	1	83.40	4.15	$4
Jul 2011	0	30	94.14	4.52	$136
Jun 2011	0	5	92.90	4.64	$23
May 2011	177	9	98.13	4.40	$17,409
Apr 2011	0	79	105.96	4.33	$342
Mar 2011	171	85	96.36	4.06	$16,822
Feb 2011	5	70	85.64	4.18	$721
Jan 2011	172	85	86.50	4.59	$15,268
Dec 2010	0	93	85.73	4.35	$404
Nov 2010	176	72	80.84	3.80	$14,501
Oct 2010	0	92	78.10	3.51	$323
Sep 2010	172	83	72.63	3.98	$12,823
Aug 2010	0	101	73.68	4.42	$446
Jul 2010	0	98	72.55	4.74	$464
Jun 2010	174	105	70.36	4.91	$12,758
May 2010	0	108	71.12	4.24	$457
Apr 2010	180	77	81.69	4.12	$15,022
Mar 2010	0	110	78.39	4.39	$483
Feb 2010	186	106	73.58	5.44	$14,263
Jan 2010	0	118	74.36	5.96	$704
Dec 2009	186	120	71.44	5.48	$13,946
Nov 2009	0	125	74.59	3.75	$469
Oct 2009	170	51	72.54	4.11	$12,541
Sep 2009	0	128	65.54	3.06	$392
Aug 2009	169	145	67.42	3.22	$11,861
Jul 2009	0	123	61.13	3.46	$426
Jun 2009	169	128	66.16	3.90	$11,680
May 2009	0	121	54.74	3.93	$475
Apr 2009	169	111	46.77	3.59	$8,302
Mar 2009	0	131	42.14	4.06	$532
Feb 2009	172	115	32.81	4.63	$6,176
Jan 2009	0	100	35.86	5.37	$537
Dec 2008	177	117	37.10	5.98	$7,266
Nov 2008	0	125	55.49	6.86	$858
Oct 2008	177	127	75.24	6.92	$14,197
Sep 2008	0	64	101.76	7.88	$504
Aug 2008	0	125	114.22	8.48	$1,060
Jul 2008	176	146	131.08	11.39	$24,733
Jun 2008	0	104	131.33	13.03	$1,355
May 2008	176	135	123.17	11.57	$23,240
Apr 2008	0	112	110.31	10.45	$1,171
Mar 2008	172	131	101.90	9.66	$18,793
Feb 2008	11	128	92.53	8.77	$2,140
Jan 2008	170	104	90.38	8.21	$16,218
Dec 2007	171	128	88.33	7.30	$16,039
Nov 2007	0	120	91.67	7.29	$875
Oct 2007	178	151	82.85	6.92	$15,793
Sep 2007	0	92	75.84	6.24	$574
Aug 2007	173	140	69.06	6.39	$12,842
Jul 2007	179	149	70.90	6.39	$13,643
Jun 2007	0	152	62.00	7.55	$1,147
May 2007	1	148	58.74	7.85	$1,220
Apr 2007	175	143	59.61	7.81	$11,548
Mar 2007	178	143	56.92	7.30	$11,176
Feb 2007	175	132	55.10	8.22	$10,727
Jan 2007	2	140	50.30	6.73	$1,042
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	142	0	54.20	7.62	$7,696
Oct 2006	161	20	54.90	6.01	$8,959
Sep 2006	0	113	60.08	5.04	$569
Aug 2006	172	151	68.71	7.34	$12,926
Jul 2006	174	177	69.37	6.34	$13,193
Jun 2006	0	94	66.28	6.38	$600
May 2006	176	161	66.01	6.42	$12,652
Apr 2006	0	167	64.39	7.36	$1,229
Mar 2006	179	169	56.70	7.08	$11,346
Feb 2006	173	171	57.59	7.75	$11,289
Jan 2006	171	82	60.59	8.93	$11,093
Dec 2005	0	68	54.94	13.42	$912
Nov 2005	1	138	54.69	10.59	$1,516
Oct 2005	177	170	58.34	13.80	$12,671
Sep 2005	157	77	61.45	12.08	$10,578
Aug 2005	1	169	61.51	9.80	$1,717
Jul 2005	158	186	55.69	7.84	$10,258
Jun 2005	151	172	52.33	7.38	$9,171
May 2005	172	166	45.22	6.65	$8,882
Apr 2005	0	139	49.20	7.36	$1,023
Mar 2005	171	162	50.37	7.15	$9,772
Feb 2005	177	141	45.22	6.31	$8,894
Jan 2005	0	156	43.16	6.32	$986
Dec 2004	167	161	39.86	6.75	$7,744
Nov 2004	172	159	45.28	6.33	$8,795
Oct 2004	171	175	49.70	6.52	$9,639
Sep 2004	0	177	43.24	5.28	$935
Aug 2004	171	208	42.37	5.55	$8,400
Jul 2004	169	226	38.28	6.08	$7,844
Jun 2004	166	198	36.10	6.43	$7,266
May 2004	174	202	37.48	6.49	$7,833
Apr 2004	0	167	34.47	5.86	$978
Mar 2004	171	190	34.36	5.53	$6,926
Feb 2004	174	150	32.45	5.51	$6,473
Jan 2004	172	186	32.03	6.30	$6,681
Dec 2003	1	90	30.26	6.30	$597
Nov 2003	168	152	28.80	4.60	$5,537
Oct 2003	169	125	28.17	4.76	$5,356
Sep 2003	168	192	26.31	4.75	$5,332
Aug 2003	174	219	29.76	5.13	$6,302
Jul 2003	179	227	29.41	5.17	$6,438
Jun 2003	174	227	28.56	5.98	$6,328
May 2003	330	193	26.59	5.97	$9,927
Apr 2003	0	41	26.67	5.41	$222
Mar 2003	181	80	31.14	6.10	$6,124
Feb 2003	0	60	33.48	7.93	$476
Jan 2003	180	70	30.31	5.58	$5,847
Dec 2002	183	141	26.91	4.85	$5,609
Nov 2002	180	162	24.66	4.14	$5,109
Oct 2002	181	181	26.46	4.23	$5,555
Sep 2002	182	129	27.44	3.64	$5,463
Aug 2002	162	159	25.96	3.16	$4,709
Jul 2002	187	176	24.58	3.06	$5,135
Jun 2002	186	196	23.73	3.34	$5,068
May 2002	184	211	24.66	3.58	$5,294
Apr 2002	183	214	23.65	3.51	$5,080
Mar 2002	344	178	22.00	3.10	$8,120
Feb 2002	158	54	18.22	2.38	$3,007
Jan 2002	193	120	17.17	2.38	$3,599
Dec 2001	0	5	16.93	2.36	$12
Nov 2001	179	106	18.07	2.41	$3,490
Oct 2001	182	112	19.78	2.53	$3,883
Sep 2001	177	186	24.26	2.25	$4,713
Aug 2001	176	214	24.87	3.05	$5,031
Jul 2001	354	240	23.93	3.20	$9,239
Jun 2001	162	236	24.56	3.82	$4,881
May 2001	349	239	25.52	4.31	$9,936
Apr 2001	344	218	24.68	5.34	$9,653
Mar 2001	175	208	24.54	5.38	$5,413
Feb 2001	347	172	27.75	5.77	$10,621
Jan 2001	1	11	27.47	8.40	$120
Dec 2000	161	1	26.88	9.12	$4,337
Nov 2000	185	210	32.21	5.66	$7,147
Oct 2000	185	153	31.23	5.15	$6,565
Sep 2000	337	271	31.87	5.19	$12,146
Aug 2000	346	298	29.64	4.54	$11,609
Jul 2000	349	306	28.53	4.09	$11,208
Jun 2000	339	279	29.30	4.40	$11,160
May 2000	340	299	27.26	3.68	$10,369
Apr 2000	534	289	24.51	3.12	$13,989
Mar 2000	350	222	28.42	2.86	$10,582
Feb 2000	360	193	27.62	2.73	$10,469
Jan 2000	359	217	25.27	2.48	$9,610
Dec 1999	335	315	24.28	2.42	$8,897
Nov 1999	529	312	23.19	2.43	$13,027
Oct 1999	347	330	20.98	2.80	$8,205
Sep 1999	513	371	21.75	2.62	$12,129
Aug 1999	334	390	19.26	2.88	$7,554
Jul 1999	513	396	17.89	2.37	$10,117
Jun 1999	526	373	15.94	2.36	$9,266
May 1999	520	366	15.79	2.32	$9,060
Apr 1999	531	305	15.10	2.21	$8,692
Mar 1999	360	210	12.47	1.84	$4,875
Feb 1999	363	323	9.98	1.82	$4,210
Jan 1999	530	348	10.38	1.90	$6,163
Dec 1998	539	408	9.20	1.77	$5,682
Nov 1998	525	349	10.89	2.19	$6,480
Oct 1998	543	298	12.42	1.97	$7,331
Sep 1998	457	319	12.59	2.08	$6,418
Aug 1998	727	405	11.30	1.91	$8,988
Jul 1998	723	138	11.74	2.24	$8,797
Jun 1998	0	106	11.24	2.24	$237
May 1998	0	277	12.62	2.21	$611
Apr 1998	370	155	13.04	2.51	$5,213
Mar 1998	368	283	12.80	2.31	$5,364
Feb 1998	0	38	13.95	2.30	$87
Jan 1998	739	101	14.70	2.15	$11,081
Dec 1997	1	316	16.32	2.41	$778
Nov 1997	182	301	18.19	3.09	$4,240
Oct 1997	374	230	19.25	3.15	$7,924
Sep 1997	354	569	17.74	2.95	$7,961
Aug 1997	363	258	17.86	2.55	$7,142
Jul 1997	362	634	17.58	2.25	$7,789
Jun 1997	363	287	17.24	2.26	$6,906
May 1997	369	62	18.97	2.31	$7,143
Apr 1997	0	62	17.88	2.08	$129
Mar 1997	354	157	18.95	1.94	$7,013
Feb 1997	0	74	20.49	2.21	$163
Jan 1997	187	445	23.48	3.54	$5,966
Dec 1996	363	553	23.32	—	$8,465
Nov 1996	365	411	21.97	—	$8,019
Oct 1996	0	439	23.31	—	$0
Sep 1996	359	1,123	22.22	—	$7,977
Aug 1996	0	391	20.26	—	$0
Jul 1996	180	62	19.55	—	$3,519
Jun 1996	177	172	18.73	—	$3,315
May 1996	182	405	19.43	—	$3,536
Apr 1996	0	443	21.51	—	$0
Mar 1996	183	810	19.38	—	$3,547
Feb 1996	2	793	16.98	—	$34
Jan 1996	334	762	17.07	—	$5,701
Dec 1995	0	744	17.19	—	$0
Nov 1995	185	837	16.00	—	$2,960
Oct 1995	182	978	15.43	—	$2,808
Sep 1995	179	940	16.18	—	$2,896
Aug 1995	0	916	15.92	—	$0
Jul 1995	181	1,003	15.24	—	$2,758
Jun 1995	174	915	16.41	—	$2,855
May 1995	182	933	17.56	—	$3,196
Apr 1995	178	1,012	17.73	—	$3,156
Mar 1995	182	1,124	16.44	—	$2,992
Feb 1995	364	865	16.58	—	$6,035
Jan 1995	2	1,115	15.92	—	$32
Dec 1994	181	1,377	15.03	—	$2,720
Nov 1994	332	1,498	15.90	—	$5,279
Oct 1994	0	1,126	15.58	—	$0
Sep 1994	185	1,633	15.29	—	$2,829
Aug 1994	185	1,633	16.13	—	$2,984
Jul 1994	177	1,542	17.56	—	$3,108
Jun 1994	180	1,659	17.09	—	$3,076
May 1994	182	1,645	15.88	—	$2,890
Apr 1994	361	1,706	14.14	—	$5,105
Mar 1994	187	1,853	12.46	—	$2,330
Feb 1994	182	1,631	12.50	—	$2,275
Jan 1994	370	1,861	12.66	—	$4,684
Dec 1993	183	1,649	12.33	—	$2,256
Nov 1993	185	1,926	14.49	—	$2,681
Oct 1993	368	2,095	15.85	—	$5,833
Sep 1993	181	2,076	15.03	—	$2,720
Aug 1993	369	2,353	15.66	—	$5,779
Jul 1993	178	2,472	15.46	—	$2,752
Jun 1993	358	945	16.79	—	$6,011
May 1993	359	1,210	17.68	—	$6,347
Apr 1993	368	1,895	18.05	—	$6,642
Mar 1993	171	2,053	18.14	—	$3,102
Feb 1993	366	2,051	17.90	—	$6,551
Jan 1993	364	1,619	16.93	—	$6,163

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.

Oct 2013 — as filed, then multipliedworked

Oil                  260 bbl  × $ 97.42 =    $25,329
Casinghead gas         0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                  $25,329

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/22756 is the state's own key, not one this site invented.