REEVES "BU" FEE

Operated by CIMAREX ENERGY CO. OF COLORADO (P-5 153429) in the JESS BURNER (DELAWARE 3800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27681District 08Field 46296300NGPA filingOilCasinghead gasSaveExport
Value, all time
$6.3 M
Jan 1993 – Sep 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
321
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 41 leases and 112 wells, and the rule below applies to all of them.

Discovered
1982-08-20
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

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

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA6none

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.

StreamBasisVolumeValue
OilDisposition142,380 bbl$5,232,653
Casinghead gasProduction346,304 Mcf$1,062,601
Total$6,295,254

112,263 Mcf of this lease's gas, across 43 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 (5)

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 31.8948, -103.9701. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.89451, -103.96961 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
4,050 ft
5 wells filed one
Completion to plug
33.8 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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 3,975 and 4,975 ft, median 4,050 ft, over the 5 wells that filed a depth.

Completions filed
Sep 1982 – Jul 1990
5 of 5 wells
Plug dates filed
Jul 2016 – Jan 2017
5 of 5 wells

Last completion to plug: a median of 33.8 years across the 5 wells that filed both dates, with the middle half between 33.8 years and 34.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-3893194554,050 ftJul 1990Jul 2016Yes
42-3893131643,995 ftNov 1982Jan 2017Yes
42-3893131533,975 ftNov 1982Jan 2017Yes
42-3893130224,975 ftOct 1982Aug 2016Yes
42-3893129414,900 ftSep 1982Jul 2016Yes

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 (321)

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

321 months

Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20176049.413.42$296
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201508238.792.17$178
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150148.152.95$3
Jun 20150456.152.88$12
May 20150055.212.96$0
Apr 201501349.822.71$35
Mar 201501542.892.93$44
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014194554.693.59$10,628
Nov 20141863070.464.25$13,233
Oct 20140078.303.90$0
Sep 2014012986.164.05$522
Aug 201418128089.394.04$17,309
Jul 201436327196.564.18$36,184
Jun 201437234598.164.74$38,150
May 201418418894.734.73$18,319
Apr 201418712195.944.81$18,523
Mar 2014011595.895.06$582
Feb 2014379097.406.19$36,915
Jan 2014193090.404.86$17,447
Dec 201337931491.824.35$36,167
Nov 2013027388.853.74$1,021
Oct 201318731797.423.78$19,416
Sep 2013351301104.113.72$37,662
Aug 20130379104.253.52$1,335
Jul 2013184288102.523.72$19,934
Jun 201335926194.403.93$34,916
May 201371134694.834.15$68,860
Apr 201318532593.964.28$18,774
Mar 2013028193.623.91$1,100
Feb 201329928991.233.42$28,266
Jan 201356015791.603.42$51,833
Dec 2012036386.773.42$1,242
Nov 201236939586.953.62$33,516
Oct 2012021289.383.40$721
Sep 201236834394.672.92$35,840
Aug 201236438392.662.91$34,842
Jul 201237027285.133.02$32,320
Jun 2012044179.822.52$1,111
May 201237035891.612.49$34,787
Apr 2012171385101.652.00$18,151
Mar 2012363401105.052.22$39,024
Feb 2012188369101.102.57$19,955
Jan 201237141098.092.73$37,512
Dec 201136241696.873.24$36,415
Nov 20113682895.723.31$35,318
Oct 2011537084.983.65$45,634
Sep 2011015383.623.99$610
Aug 2011015683.404.15$647
Jul 201135391194.144.52$37,347
Jun 201180052792.904.64$76,765
May 2011365098.134.40$35,817
Apr 2011153689105.964.33$19,198
Mar 2011541096.364.06$52,131
Feb 20110085.644.18$0
Jan 2011181086.504.59$15,657
Dec 20100085.734.35$0
Nov 2010364080.843.80$29,426
Oct 201018453478.103.51$16,244
Sep 201036263172.633.98$28,803
Aug 201054674873.684.42$43,535
Jul 201036373972.554.74$29,836
Jun 201036180770.364.91$29,363
May 201054277171.124.24$41,812
Apr 201035473381.694.12$31,940
Mar 201036978778.394.39$32,380
Feb 201053674473.585.44$43,488
Jan 201035388174.365.96$31,503
Dec 200935666371.445.48$29,068
Nov 200951472974.593.75$41,074
Oct 200936874472.544.11$29,753
Sep 200955161665.543.06$38,000
Aug 200918182367.423.22$14,852
Jul 200949680361.133.46$33,102
Jun 200954280766.163.90$39,002
May 200972085354.743.93$42,761
Apr 200935076246.773.59$19,103
Mar 200936484642.144.06$18,773
Feb 200934980632.814.63$15,185
Jan 200971088735.865.37$30,225
Dec 200819679137.105.98$12,000
Nov 200856875855.496.86$36,718
Oct 200854776775.246.92$46,465
Sep 2008375808101.767.88$44,525
Aug 2008548792114.228.48$69,311
Jul 2008177820131.0811.39$32,540
Jun 2008345854131.3313.03$56,439
May 2008527787123.1711.57$74,020
Apr 2008510733110.3110.45$63,922
Mar 2008349650101.909.66$41,845
Feb 200834470092.538.77$37,970
Jan 200835075290.388.21$37,804
Dec 200751177588.337.30$50,796
Nov 200734575791.677.29$37,146
Oct 200752079282.856.92$48,564
Sep 200751477975.846.24$43,846
Aug 200752285469.066.39$41,505
Jul 200751289070.906.39$41,986
Jun 200733184362.007.55$26,885
May 200733884758.747.85$26,500
Apr 200770271559.617.81$47,427
Mar 2007066756.927.30$4,870
Feb 200734064255.108.22$24,009
Jan 200717559050.306.73$12,771
Dec 200672169156.656.92$45,625
Nov 200617183254.207.62$15,606
Oct 200632673954.906.01$22,342
Sep 200635597360.085.04$26,230
Aug 20064951,11168.717.34$42,166
Jul 200653693269.376.34$43,094
Jun 200634787066.286.38$28,553
May 200635690566.016.42$29,314
Apr 20067161,03364.397.36$53,707
Mar 20063541,10956.707.08$27,927
Feb 200635091557.597.75$27,249
Jan 200671492560.598.93$51,525
Dec 20053431,01454.9413.42$32,448
Nov 20055221,31754.6910.59$42,493
Oct 200517780058.3413.80$21,363
Sep 200552986461.4512.08$42,943
Aug 2005074361.519.80$7,279
Jul 200552484455.697.84$35,802
Jun 20053471,20152.337.38$27,023
May 20057001,21945.226.65$39,762
Apr 20053531,18949.207.36$26,119
Mar 20055291,26250.377.15$35,675
Feb 200535494845.226.31$21,992
Jan 20055151,23043.166.32$30,004
Dec 20043581,05639.866.75$21,399
Nov 20043561,19845.286.33$23,704
Oct 20045511,28949.706.52$35,783
Sep 20045161,29643.245.28$29,160
Aug 20047081,36842.375.55$37,591
Jul 20043541,43138.286.08$22,258
Jun 20045331,35136.106.43$27,932
May 20043451,40937.486.49$22,081
Apr 20046971,33834.475.86$31,864
Mar 20043551,39234.365.53$19,896
Feb 20045181,13932.455.51$23,085
Jan 20045441,31732.036.30$25,721
Dec 20035351,34830.266.30$24,684
Nov 20035501,38228.804.60$22,191
Oct 20035391,45128.174.76$22,090
Sep 20035341,66426.314.75$21,952
Aug 20035252,31329.765.13$27,489
Jul 20035332,34829.415.17$27,817
Jun 20035252,22228.565.98$28,288
May 20035332,39826.595.97$28,495
Apr 20035342,19026.675.41$26,084
Mar 20035342,19131.146.10$29,985
Feb 20035281,28933.487.93$27,894
Jan 20037251,44630.315.58$30,046
Dec 20025501,39326.914.85$21,562
Nov 20025241,41424.664.14$18,772
Oct 20025441,54526.464.23$20,928
Sep 20025391,47527.443.64$20,152
Aug 20025371,64125.963.16$19,133
Jul 20025291,51024.583.06$17,626
Jun 20025241,69323.733.34$18,086
May 20025521,70424.663.58$19,719
Apr 20024311,71823.653.51$16,227
Mar 20028921,46322.003.10$24,163
Feb 20024681,44418.222.38$11,957
Jan 20024741,64717.172.38$12,051
Dec 20019151,63116.932.36$19,347
Nov 20014631,54618.072.41$12,085
Oct 20014721,59519.782.53$13,370
Sep 20014261,22724.262.25$13,097
Aug 200186050124.873.05$22,918
Jul 20014661,79223.933.20$16,881
Jun 20014561,50924.563.82$16,970
May 20018691,83125.524.31$30,064
Apr 20014661,66024.685.34$20,358
Mar 20019361,62724.545.38$31,717
Feb 20014621,43527.755.77$21,096
Jan 20014771,64227.478.40$26,894
Dec 20009311,64826.889.12$40,059
Nov 20004631,57032.215.66$23,796
Oct 20009291,71531.235.15$37,837
Sep 20004631,74931.875.19$23,827
Aug 20009171,84629.644.54$35,562
Jul 20004591,80228.534.09$20,465
Jun 20004661,68029.304.40$21,041
May 20008541,72327.263.68$29,620
Apr 20004591,74324.513.12$16,681
Mar 20009141,73828.422.86$30,946
Feb 20004731,55427.622.73$17,301
Jan 20009081,70025.272.48$27,162
Dec 19994671,70024.282.42$15,459
Nov 19999041,66723.192.43$25,021
Oct 19994721,68320.982.80$14,621
Sep 19999231,66321.752.62$24,430
Aug 19994551,86019.262.88$14,112
Jul 19994641,89417.892.37$12,794
Jun 19999191,84415.942.36$19,005
May 19994591,86815.792.32$11,583
Apr 19999241,81115.102.21$17,951
Mar 19994691,84512.471.84$9,240
Feb 19999371,5989.981.82$12,256
Jan 19994681,81110.381.90$8,299
Dec 19989431,7059.201.77$11,699
Nov 19984731,75610.892.19$8,989
Oct 19989161,92212.421.97$15,162
Sep 19984581,89812.592.08$9,719
Aug 19989252,03611.301.91$14,336
Jul 19984522,11511.742.24$10,038
Jun 19989232,08511.242.24$15,039
May 19984582,15612.622.21$10,537
Apr 19989292,07613.042.51$17,315
Mar 19984611,97812.802.31$10,469
Feb 19989001,75013.952.30$16,578
Jan 19984661,88114.702.15$10,903
Dec 19978361,72516.322.41$17,803
Nov 19979231,87118.193.09$22,568
Oct 19979302,04319.253.15$24,338
Sep 19974692,03417.742.95$14,330
Aug 19974392,11717.862.55$13,249
Jul 19979272,08917.582.25$20,991
Jun 19974591,65117.242.26$11,640
May 19979352,07218.972.31$22,520
Apr 19974651,93617.882.08$12,346
Mar 19979072,11218.951.94$21,283
Feb 19974341,86620.492.21$13,009
Jan 19979351,90123.483.54$28,683
Dec 19964661,89423.32$10,867
Nov 19967972,02921.97$17,510
Oct 19968692,09923.31$20,256
Sep 19964722,01922.22$10,488
Aug 19968482,27320.26$17,180
Jul 19969262,30219.55$18,103
Jun 19964612,20818.73$8,635
May 19967882,27319.43$15,311
Apr 19969242,17921.51$19,875
Mar 19969292,22919.38$18,004
Feb 19964732,06616.98$8,032
Jan 19969222,16717.07$15,739
Dec 19959332,17517.19$16,038
Nov 19959292,23316.00$14,864
Oct 19954622,17015.43$7,129
Sep 1995931016.18$15,064
Aug 1995928015.92$14,774
Jul 1995467015.24$7,117
Jun 1995925016.41$15,179
May 1995929017.56$16,313
Apr 19959292,87017.73$16,471
Mar 19954642,98416.44$7,628
Feb 19959072,56416.58$15,038
Jan 19959022,81715.92$14,360
Dec 19949462,64615.03$14,218
Nov 19949272,65315.90$14,739
Oct 19949342,69515.58$14,552
Sep 19944692,82615.29$7,171
Aug 19949272,97216.13$14,953
Jul 19949253,08617.56$16,243
Jun 19949242,80717.09$15,791
May 19949132,95315.88$14,498
Apr 19949312,85114.14$13,164
Mar 19949402,97812.46$11,712
Feb 19949412,57912.50$11,763
Jan 19948452,85612.66$10,698
Dec 19931,4012,96112.33$17,274
Nov 19938602,85714.49$12,461
Oct 19938662,63915.85$13,726
Sep 19939292,82015.03$13,963
Aug 19939233,05115.66$14,454
Jul 19939293,04515.46$14,362
Jun 19931,3982,99216.79$23,472
May 19934612,74917.68$8,150
Apr 19939342,93518.05$16,859
Mar 19931,4053,05818.14$25,487
Feb 19939412,66517.90$16,844
Jan 19939393,03816.93$15,897

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 2017 — as filed, then multipliedworked
Oil                    6 bbl  × $ 49.41 =       $296
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                     $296

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/27681 is the state's own key, not one this site invented.