BRADFORD ESTATE

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

Operated by MURCHISON OIL & GAS INC (P-5 593920) in the BRADFORD RANCH (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28382District 08Field 11240500NGPA filingOilCasinghead gasSave Export

Value, all time

$772 k

Jan 1993 – Aug 2007

Value, last 12 filed months

at the published price for each month

Months reported

176

no gaps in the span

Streams

oil, casinghead gas

The BRADFORD RANCH (ATOKA) 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 63 leases and 82 wells, and the rule below applies to all of them.

Discovered

1979-01-09

as the register files it

Field class

Oil and gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1990-09-01.

The Commission's schedule remark for this field reads: “PER OPERATOR REQUEST”

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	2	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	7,131 bbl	$161,528
Casinghead gas	Production	248,795 Mcf	$610,742
Total			$772,271

55,633 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 31.8153, -102.0162. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.81533, -102.01619 · 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

12,282 ft

2 wells filed one

Completion to plug

12.2 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 11,480 and 13,084 ft, median 12,282 ft, over the 2 wells that filed a depth.

Completions filed

Oct 2005 – Sep 2006

2 of 2 wells

Plug dates filed

May 2018

2 of 2 wells

Last completion to plug: a median of 12.2 years across the 2 wells that filed both dates, with the middle half between 11.9 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32931158	124	13,084 ft	Sep 2006	May 2018	Yes
42-32931312	224	11,480 ft	Oct 2005	May 2018	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 (176)

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

176 months


Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	219	0	58.34	13.80	$12,776
Sep 2005	0	413	61.45	12.08	$4,989
Aug 2005	0	710	61.51	9.80	$6,956
Jul 2005	0	557	55.69	7.84	$4,369
Jun 2005	0	585	52.33	7.38	$4,318
May 2005	0	640	45.22	6.65	$4,257
Apr 2005	180	597	49.20	7.36	$13,250
Mar 2005	0	678	50.37	7.15	$4,851
Feb 2005	0	615	45.22	6.31	$3,882
Jan 2005	0	662	43.16	6.32	$4,185
Dec 2004	0	573	39.86	6.75	$3,868
Nov 2004	0	746	45.28	6.33	$4,722
Oct 2004	0	846	49.70	6.52	$5,512
Sep 2004	178	816	43.24	5.28	$12,008
Aug 2004	0	919	42.37	5.55	$5,101
Jul 2004	0	891	38.28	6.08	$5,421
Jun 2004	0	954	36.10	6.43	$6,137
May 2004	178	1,027	37.48	6.49	$13,341
Apr 2004	0	949	34.47	5.86	$5,560
Mar 2004	0	818	34.36	5.53	$4,524
Feb 2004	0	827	32.45	5.51	$4,556
Jan 2004	0	852	32.03	6.30	$5,367
Dec 2003	179	1,029	30.26	6.30	$11,901
Nov 2003	0	1,018	28.80	4.60	$4,678
Oct 2003	176	1,113	28.17	4.76	$10,255
Sep 2003	0	941	26.31	4.75	$4,469
Aug 2003	0	848	29.76	5.13	$4,350
Jul 2003	0	865	29.41	5.17	$4,473
Jun 2003	189	853	28.56	5.98	$10,501
May 2003	0	882	26.59	5.97	$5,268
Apr 2003	0	849	26.67	5.41	$4,591
Mar 2003	180	861	31.14	6.10	$10,854
Feb 2003	0	753	33.48	7.93	$5,968
Jan 2003	0	839	30.31	5.58	$4,683
Dec 2002	180	870	26.91	4.85	$9,067
Nov 2002	0	806	24.66	4.14	$3,334
Oct 2002	173	239	26.46	4.23	$5,588
Sep 2002	0	174	27.44	3.64	$633
Aug 2002	0	182	25.96	3.16	$576
Jul 2002	0	254	24.58	3.06	$778
Jun 2002	172	112	23.73	3.34	$4,455
May 2002	0	213	24.66	3.58	$763
Apr 2002	0	352	23.65	3.51	$1,236
Mar 2002	0	146	22.00	3.10	$453
Feb 2002	0	203	18.22	2.38	$482
Jan 2002	0	137	17.17	2.38	$325
Dec 2001	0	104	16.93	2.36	$246
Nov 2001	0	168	18.07	2.41	$404
Oct 2001	187	237	19.78	2.53	$4,298
Sep 2001	0	142	24.26	2.25	$320
Aug 2001	0	341	24.87	3.05	$1,041
Jul 2001	0	241	23.93	3.20	$771
Jun 2001	0	141	24.56	3.82	$539
May 2001	0	133	25.52	4.31	$573
Apr 2001	0	498	24.68	5.34	$2,657
Mar 2001	0	123	24.54	5.38	$661
Feb 2001	0	76	27.75	5.77	$438
Jan 2001	0	144	27.47	8.40	$1,209
Dec 2000	185	242	26.88	9.12	$7,180
Nov 2000	0	316	32.21	5.66	$1,788
Oct 2000	0	528	31.23	5.15	$2,717
Sep 2000	0	2,715	31.87	5.19	$14,081
Aug 2000	0	5,413	29.64	4.54	$24,579
Jul 2000	0	1,750	28.53	4.09	$7,157
Jun 2000	0	4,053	29.30	4.40	$17,822
May 2000	0	1,941	27.26	3.68	$7,142
Apr 2000	185	297	24.51	3.12	$5,460
Mar 2000	0	446	28.42	2.86	$1,275
Feb 2000	0	112	27.62	2.73	$305
Jan 2000	0	173	25.27	2.48	$429
Dec 1999	0	573	24.28	2.42	$1,389
Nov 1999	2	259	23.19	2.43	$677
Oct 1999	188	6,133	20.98	2.80	$21,139
Sep 1999	0	13,581	21.75	2.62	$35,567
Aug 1999	0	6,695	19.26	2.88	$19,252
Jul 1999	0	8,318	17.89	2.37	$19,733
Jun 1999	0	4,792	15.94	2.36	$11,319
May 1999	0	8,631	15.79	2.32	$20,033
Apr 1999	202	2,347	15.10	2.21	$8,232
Mar 1999	0	1,350	12.47	1.84	$2,482
Feb 1999	0	5,594	9.98	1.82	$10,169
Jan 1999	0	1,881	10.38	1.90	$3,574
Dec 1998	0	276	9.20	1.77	$489
Nov 1998	0	1,324	10.89	2.19	$2,894
Oct 1998	0	11,122	12.42	1.97	$21,902
Sep 1998	213	1,519	12.59	2.08	$5,845
Aug 1998	0	2,646	11.30	1.91	$5,047
Jul 1998	0	517	11.74	2.24	$1,157
Jun 1998	0	5,282	11.24	2.24	$11,817
May 1998	0	1,538	12.62	2.21	$3,393
Apr 1998	0	3,486	13.04	2.51	$8,734
Mar 1998	231	6,320	12.80	2.31	$17,552
Feb 1998	0	6,180	13.95	2.30	$14,209
Jan 1998	0	6,010	14.70	2.15	$12,950
Dec 1997	0	8,966	16.32	2.41	$21,618
Nov 1997	0	2,300	18.19	3.09	$7,103
Oct 1997	0	7,602	19.25	3.15	$23,945
Sep 1997	0	3,201	17.74	2.95	$9,459
Aug 1997	0	1,946	17.86	2.55	$4,972
Jul 1997	240	3,692	17.58	2.25	$12,515
Jun 1997	0	5,114	17.24	2.26	$11,543
May 1997	0	952	18.97	2.31	$2,198
Apr 1997	0	625	17.88	2.08	$1,302
Mar 1997	0	603	18.95	1.94	$1,169
Feb 1997	0	573	20.49	2.21	$1,264
Jan 1997	251	666	23.48	3.54	$8,251
Dec 1996	0	1,049	23.32	—	$0
Nov 1996	0	2,764	21.97	—	$0
Oct 1996	0	5,380	23.31	—	$0
Sep 1996	0	721	22.22	—	$0
Aug 1996	260	2,879	20.26	—	$5,268
Jul 1996	1	811	19.55	—	$20
Jun 1996	0	890	18.73	—	$0
May 1996	0	611	19.43	—	$0
Apr 1996	0	730	21.51	—	$0
Mar 1996	198	887	19.38	—	$3,837
Feb 1996	0	844	16.98	—	$0
Jan 1996	0	842	17.07	—	$0
Dec 1995	262	852	17.19	—	$4,504
Nov 1995	0	922	16.00	—	$0
Oct 1995	0	709	15.43	—	$0
Sep 1995	0	984	16.18	—	$0
Aug 1995	237	998	15.92	—	$3,773
Jul 1995	0	1,015	15.24	—	$0
Jun 1995	232	973	16.41	—	$3,807
May 1995	0	980	17.56	—	$0
Apr 1995	0	982	17.73	—	$0
Mar 1995	0	1,006	16.44	—	$0
Feb 1995	258	980	16.58	—	$4,278
Jan 1995	0	1,015	15.92	—	$0
Dec 1994	0	993	15.03	—	$0
Nov 1994	250	948	15.90	—	$3,975
Oct 1994	0	963	15.58	—	$0
Sep 1994	0	839	15.29	—	$0
Aug 1994	0	721	16.13	—	$0
Jul 1994	247	972	17.56	—	$4,337
Jun 1994	0	944	17.09	—	$0
May 1994	226	1,025	15.88	—	$3,589
Apr 1994	0	1,318	14.14	—	$0
Mar 1994	0	780	12.46	—	$0
Feb 1994	0	769	12.50	—	$0
Jan 1994	0	1,074	12.66	—	$0
Dec 1993	216	987	12.33	—	$2,663
Nov 1993	0	1,050	14.49	—	$0
Oct 1993	0	1,269	15.85	—	$0
Sep 1993	177	1,138	15.03	—	$2,660
Aug 1993	0	1,215	15.66	—	$0
Jul 1993	0	1,209	15.46	—	$0
Jun 1993	223	1,023	16.79	—	$3,744
May 1993	0	1,105	17.68	—	$0
Apr 1993	214	1,161	18.05	—	$3,863
Mar 1993	0	1,312	18.14	—	$0
Feb 1993	242	1,182	17.90	—	$4,332
Jan 1993	0	1,812	16.93	—	$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.

Oct 2005 — as filed, then multipliedworked

Oil                  219 bbl  × $ 58.34 =    $12,776
Casinghead gas         0 Mcf  × $ 13.80 =         $0

────────────────────────────────────────────────────
Month total                                  $12,776

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/28382 is the state's own key, not one this site invented.