REEVES -BV- 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 28474District 08Field 46296300NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.2 M
Jan 1993 – Apr 2017
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
292
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
NGPA4none

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
OilDisposition62,021 bbl$1,824,981
Casinghead gasProduction183,829 Mcf$378,366
Total$2,203,347

74,981 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 (4)

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 31.8569, -103.9720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.85691, -103.97200 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
4,150 ft
4 wells filed one
Completion to plug
26.8 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 4,125 and 4,295 ft, median 4,150 ft, over the 4 wells that filed a depth.

Completions filed
May 1984 – Aug 1992
4 of 4 wells
Plug dates filed
Oct 2013 – Jan 2017
4 of 4 wells

Last completion to plug: a median of 26.8 years across the 4 wells that filed both dates, with the middle half between 25.6 years and 28.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3893144524,150 ftAug 1992Jan 2017Yes
42-3893142614,295 ftAug 1990Jul 2016Yes
42-3893147934,125 ftMar 1986Oct 2013Yes
42-3893147844,150 ftMay 1984Oct 2013Yes

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 (292)

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

292 months

Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016125046.193.09$5,774
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 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014151054.693.59$8,258
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140298.164.74$9
May 20140494.734.73$19
Apr 2014112095.944.81$10,745
Mar 20140095.895.06$0
Feb 2014166097.406.19$16,168
Jan 20140090.404.86$0
Dec 201308491.824.35$366
Nov 201307888.853.74$292
Oct 201303897.423.78$144
Sep 2013050104.113.72$186
Aug 2013088104.253.52$310
Jul 20138142102.523.72$8,460
Jun 20130094.403.93$0
May 201382094.834.15$7,776
Apr 20130793.964.28$30
Mar 201317910693.623.91$17,173
Feb 20138811091.233.42$8,404
Jan 20131023891.603.42$9,473
Dec 20122204286.773.42$19,233
Nov 20122502286.953.62$21,817
Oct 201203789.383.40$126
Sep 201205894.672.92$169
Aug 2012244092.662.91$22,609
Jul 20120085.133.02$0
Jun 2012247079.822.52$19,716
May 20120091.612.49$0
Apr 20122460101.652.00$25,006
Mar 20121200105.052.22$12,606
Feb 20123550101.102.57$35,891
Jan 2012220698.092.73$21,596
Dec 2011986796.873.24$9,710
Nov 20119220595.723.31$9,485
Oct 201197084.983.65$8,243
Sep 20119316583.623.99$8,434
Aug 20119419883.404.15$8,661
Jul 2011198794.144.52$18,671
Jun 2011100092.904.64$9,290
May 20112023398.134.40$19,968
Apr 201100105.964.33$0
Mar 2011822196.364.06$7,987
Feb 20110385.644.18$13
Jan 2011151086.504.59$13,062
Dec 201080085.734.35$6,858
Nov 201092080.843.80$7,437
Oct 20109918878.103.51$8,392
Sep 20109420572.633.98$7,643
Aug 201018021373.684.42$14,204
Jul 2010019072.554.74$900
Jun 20108422270.364.91$7,000
May 201019023971.124.24$14,525
Apr 20109523881.694.12$8,742
Mar 20109523978.394.39$8,496
Feb 201019416873.585.44$15,189
Jan 2010010474.365.96$620
Dec 2009972871.445.48$7,083
Nov 200997174.593.75$7,239
Oct 200919010372.544.11$14,206
Sep 2009962565.543.06$6,368
Aug 20099327567.423.22$7,155
Jul 200918921561.133.46$12,298
Jun 20099120866.163.90$6,831
May 20099631454.743.93$6,488
Apr 200915819946.773.59$8,104
Mar 200918427642.144.06$8,874
Feb 20099613132.814.63$3,757
Jan 200916813335.865.37$6,739
Dec 2008014537.105.98$867
Nov 20089613855.496.86$6,274
Oct 200891075.246.92$6,847
Sep 2008175169101.767.88$19,139
Aug 200894156114.228.48$12,060
Jul 200892141131.0811.39$13,665
Jun 2008170170131.3313.03$24,542
May 200883166123.1711.57$12,144
Apr 200884113110.3110.45$10,447
Mar 200886110101.909.66$9,826
Feb 20088511492.538.77$8,865
Jan 200817214590.388.21$16,735
Dec 20078215788.337.30$8,389
Nov 20078415291.677.29$8,809
Oct 20078419682.856.92$8,316
Sep 200725016675.846.24$19,997
Aug 20078617069.066.39$7,025
Jul 200716414670.906.39$12,560
Jun 2007015262.007.55$1,147
May 20076712158.747.85$4,885
Apr 20077913859.617.81$5,786
Mar 200708756.927.30$635
Feb 2007708955.108.22$4,588
Jan 20077012350.306.73$4,348
Dec 2006020156.656.92$1,391
Nov 200608154.207.62$617
Oct 200614321454.906.01$9,138
Sep 20066117660.085.04$4,551
Aug 200613722968.717.34$11,094
Jul 20066713969.376.34$5,529
Jun 2006015166.286.38$964
May 2006013766.016.42$880
Apr 2006016364.397.36$1,200
Mar 200613223556.707.08$9,149
Feb 200612917757.597.75$8,801
Jan 200614015260.598.93$9,840
Dec 2005016954.9413.42$2,267
Nov 200512920954.6910.59$9,268
Oct 2005013058.3413.80$1,793
Sep 20056718061.4512.08$6,291
Aug 200515525061.519.80$11,983
Jul 200526333755.697.84$17,290
Jun 200517336752.337.38$11,762
May 20058335545.226.65$6,114
Apr 200515227949.207.36$9,532
Mar 200516249050.377.15$11,666
Feb 20058022345.226.31$5,025
Jan 20058724243.166.32$5,285
Dec 20048312039.866.75$4,119
Nov 20047617545.286.33$4,549
Oct 200415518649.706.52$8,915
Sep 200410718843.245.28$5,620
Aug 200420228642.375.55$10,146
Jul 20049434938.286.08$5,722
Jun 20046220736.106.43$3,570
May 200415624237.486.49$7,419
Apr 20049117234.475.86$4,144
Mar 20044814434.365.53$2,446
Feb 20049222132.455.51$4,203
Jan 20049920032.036.30$4,431
Dec 20039425730.266.30$4,464
Nov 20034422428.804.60$2,297
Oct 20038816928.174.76$3,283
Sep 20036129626.314.75$3,011
Aug 200313731729.765.13$5,703
Jul 200314124229.415.17$5,398
Jun 200314233228.565.98$6,042
May 20037323226.595.97$3,327
Apr 20037788726.675.41$6,850
Mar 200313690031.146.10$9,721
Feb 20039163133.487.93$8,048
Jan 200324148030.315.58$9,984
Dec 20028569026.914.85$5,636
Nov 20028847124.664.14$4,119
Oct 200225274026.464.23$9,797
Sep 200223389427.443.64$9,643
Aug 20022641,19525.963.16$10,635
Jul 200219248224.583.06$6,195
Jun 200219853623.733.34$6,488
May 200214835524.663.58$4,922
Apr 200217346523.653.51$5,725
Mar 200217645122.003.10$5,271
Feb 200217130218.222.38$3,833
Jan 200214135817.172.38$3,271
Dec 200111033916.932.36$2,664
Nov 20019429618.072.41$2,411
Oct 200110431219.782.53$2,846
Sep 20019625024.262.25$2,892
Aug 20011008824.873.05$2,756
Jul 200120043223.933.20$6,167
Jun 200111239924.563.82$4,277
May 200111538925.524.31$4,610
Apr 200111243424.685.34$5,080
Mar 200125339324.545.38$8,322
Feb 200121461527.755.77$9,485
Jan 200122364827.478.40$11,568
Dec 200022758226.889.12$11,411
Nov 200019856932.215.66$9,597
Oct 200019671831.235.15$9,816
Sep 200018590631.875.19$10,595
Aug 20003121,09229.644.54$14,206
Jul 20001531,13528.534.09$9,007
Jun 20001621,12329.304.40$9,685
May 20002851,32227.263.68$12,634
Apr 20001651,25024.513.12$7,939
Mar 20004281,13428.422.86$15,407
Feb 20001301,15427.622.73$6,737
Jan 20001201,02125.272.48$5,565
Dec 19992131,14424.282.42$7,944
Nov 199935386623.192.43$10,294
Oct 19992001,32220.982.80$7,903
Sep 19994061,28221.752.62$12,188
Aug 19992181,38119.262.88$8,170
Jul 19992301,38417.892.37$7,398
Jun 19994721,40115.942.36$10,833
May 19992451,46115.792.32$7,260
Apr 19994831,54215.102.21$10,698
Mar 19992321,50112.471.84$5,652
Feb 19994751,7369.981.82$7,896
Jan 19992352,25610.381.90$6,726
Dec 19984582,0919.201.77$7,922
Nov 19984601,79610.892.19$8,935
Oct 19984821,73512.421.97$9,403
Sep 19984912,17812.592.08$10,718
Aug 19984862,19611.301.91$9,680
Jul 19984172,34511.742.24$10,142
Jun 19982002,14811.242.24$7,054
May 19984451,77012.622.21$9,521
Apr 19984582,01113.042.51$11,011
Mar 19984471,92212.802.31$10,160
Feb 19982271,36413.952.30$6,303
Jan 19984361,98614.702.15$10,689
Dec 19974361,98816.322.41$11,909
Nov 19974261,90418.193.09$13,629
Oct 19973842,03919.253.15$13,814
Sep 19974502,02617.742.95$13,970
Aug 19974462,01717.862.55$13,118
Jul 19974362,02917.582.25$12,224
Jun 19974591,83517.242.26$12,055
May 19974831,92118.972.31$13,597
Apr 19974871,87117.882.08$12,604
Mar 19974781,83518.951.94$12,616
Feb 19974531,74420.492.21$13,129
Jan 19974981,84923.483.54$18,238
Dec 19964921,09723.32$11,473
Nov 19964901,14921.97$10,765
Oct 19964981,18323.31$11,608
Sep 19967131,04022.22$15,843
Aug 19964811,18320.26$9,745
Jul 19964691,21219.55$9,169
Jun 19964141,22918.73$7,754
May 19963861,19319.43$7,500
Apr 19966181,12321.51$13,293
Mar 19964181,18119.38$8,101
Feb 199642093916.98$7,132
Jan 19964971,17317.07$8,484
Dec 199561998717.19$10,641
Nov 19956081,07916.00$9,728
Oct 19959071,11615.43$13,995
Sep 19956051,03616.18$9,789
Aug 19955981,12215.92$9,520
Jul 19956311,08015.24$9,616
Jun 19951,1311,52916.41$18,560
May 19956702,69517.56$11,765
Apr 19958202,04617.73$14,539
Mar 19956391,33716.44$10,505
Feb 19951881,05116.58$3,117
Jan 19953891,19315.92$6,193
Dec 19943431,31715.03$5,155
Nov 199428998815.90$4,595
Oct 19945561,36315.58$8,662
Sep 19944381,54515.29$6,697
Aug 19947392,23916.13$11,920
Jul 19945432,52617.56$9,535
Jun 19947072,33717.09$12,083
May 19946391,81015.88$10,147
Apr 19944962,71914.14$7,013
Mar 19947232,61212.46$9,009
Feb 19947232,20612.50$9,038
Jan 19946081,97412.66$7,697
Dec 19936972,50812.33$8,594
Nov 19935022,19214.49$7,274
Oct 19934371,91715.85$6,926
Sep 19934711,94315.03$7,079
Aug 19936171,95815.66$9,662
Jul 19934652,29015.46$7,189
Jun 19935211,00816.79$8,748
May 19935731,14917.68$10,131
Apr 199372589618.05$13,086
Mar 19937641,95718.14$13,859
Feb 19934551,32417.90$8,145
Jan 19937022,23016.93$11,885

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 2016 — as filed, then multipliedworked
Oil                  125 bbl  × $ 46.19 =     $5,774
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $5,774

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/28474 is the state's own key, not one this site invented.