MUNN WOLF

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the VINCENT, N. (PENNSYLVANIAN REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28544District 08Field 93854500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Feb 2006
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
158
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 18 leases and 27 wells, and the rule below applies to all of them.

Discovered
1957-04-28
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
NGPA1none

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
OilDisposition52,389 bbl$1,147,354
Casinghead gasProduction58,637 Mcf$150,226
Total$1,297,580

23,887 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 (1)

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 32.5077, -101.2368. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50774, -101.23676 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,480 ft
1 wells filed one
Completion to plug
22.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 7,480 ft.

Completions filed
Nov 1983
1 of 1 wells
Plug dates filed
Jan 2006
1 of 1 wells

Last completion to plug: a median of 22.2 years across the 1 well that filed both dates, with the middle half between 22.2 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273328217,480 ftNov 1983Jan 2006Yes

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 (158)

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

158 months

Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 200551052.337.38$2,669
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 200506445.226.31$404
Jan 200501243.166.32$76
Dec 20040039.866.75$0
Nov 200401845.286.33$114
Oct 20041781849.706.52$8,964
Sep 2004038843.245.28$2,050
Aug 20040342.375.55$17
Jul 200402038.286.08$122
Jun 200401636.106.43$103
May 20041667537.486.49$6,709
Apr 200401634.475.86$94
Mar 200435211534.365.53$12,731
Feb 2004057732.455.51$3,179
Jan 200453351432.036.30$20,310
Dec 200318966830.266.30$9,929
Nov 200353264828.804.60$18,299
Oct 200317356328.174.76$7,553
Sep 200374281326.314.75$23,383
Aug 200353666829.765.13$19,378
Jul 200354483029.415.17$20,291
Jun 200335670028.565.98$14,355
May 200369489726.595.97$23,811
Apr 200352989226.675.41$18,932
Mar 200351575031.146.10$20,609
Feb 200354756033.487.93$22,752
Jan 200336446730.315.58$13,640
Dec 200235456226.914.85$12,254
Nov 200236451124.664.14$11,090
Oct 200236852026.464.23$11,936
Sep 200236359027.443.64$12,105
Aug 2002010825.963.16$342
Jul 200254260224.583.06$15,166
Jun 200269497223.733.34$19,713
May 200250661724.663.58$14,689
Apr 200250960723.653.51$14,170
Mar 200271987822.003.10$18,542
Feb 200267683818.222.38$14,308
Jan 200268488517.172.38$13,847
Dec 200165984316.932.36$13,150
Nov 200153573818.072.41$11,443
Oct 200153039619.782.53$11,485
Sep 20013466524.262.25$8,540
Aug 20013636524.873.05$9,226
Jul 2001341623.933.20$8,179
Jun 200160662024.563.82$17,254
May 200183365125.524.31$24,062
Apr 200161795324.685.34$20,312
Mar 200175144524.545.38$20,822
Feb 200157559127.755.77$19,365
Jan 200189175427.478.40$30,808
Dec 2000012326.889.12$1,122
Nov 200084644232.215.66$29,751
Oct 20001,0171,10131.235.15$37,426
Sep 200067990731.875.19$26,344
Aug 200094699929.644.54$32,576
Jul 20000028.534.09$0
Jun 200009229.304.40$405
May 20009521,08227.263.68$29,933
Apr 20008871,03624.513.12$24,969
Mar 200090794328.422.86$28,474
Feb 200053871327.622.73$16,804
Jan 200071073525.272.48$19,765
Dec 199918548224.282.42$5,660
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998132011.301.91$1,492
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 199801512.622.21$33
Apr 1998011013.042.51$276
Mar 19981934612.802.31$2,577
Feb 1998015813.952.30$363
Jan 199819513514.702.15$3,157
Dec 199719219916.322.41$3,613
Nov 1997010118.193.09$312
Oct 199702319.253.15$72
Sep 19970117.742.95$3
Aug 1997011317.862.55$289
Jul 199719213517.582.25$3,679
Jun 199705517.242.26$124
May 199734313318.972.31$6,814
Apr 199719813417.882.08$3,819
Mar 199709418.951.94$182
Feb 199718717420.492.21$4,215
Jan 199718636023.483.54$5,642
Dec 199618238823.32$4,244
Nov 199636036921.97$7,909
Oct 199619134723.31$4,452
Sep 199618017922.22$4,000
Aug 199635137120.26$7,111
Jul 199637453519.55$7,312
Jun 199635446418.73$6,630
May 199652851519.43$10,259
Apr 199636544121.51$7,851
Mar 199655437319.38$10,737
Feb 199617933416.98$3,039
Jan 199656335617.07$9,610
Dec 199557630717.19$9,901
Nov 1995037316.00$0
Oct 199557744115.43$8,903
Sep 199538343016.18$6,197
Aug 199538347615.92$6,097
Jul 199538248115.24$5,822
Jun 199555938316.41$9,173
May 199554950217.56$9,640
Apr 199539253517.73$6,950
Mar 199537442216.44$6,149
Feb 199536143116.58$5,985
Jan 199556244315.92$8,947
Dec 199454349715.03$8,161
Nov 199435842615.90$5,692
Oct 199454948215.58$8,553
Sep 199435567015.29$5,428
Aug 199472673816.13$11,710
Jul 199454773017.56$9,605
Jun 199473170317.09$12,493
May 199454252815.88$8,607
Apr 199454358314.14$7,678
Mar 199453961412.46$6,716
Feb 199455057412.50$6,875
Jan 199455741312.66$7,052
Dec 199355844012.33$6,880
Nov 199336952114.49$5,347
Oct 199353936515.85$8,543
Sep 199371962415.03$10,807
Aug 199336072115.66$5,638
Jul 199353462315.46$8,256
Jun 199388959416.79$14,926
May 199354276717.68$9,583
Apr 199372471818.05$13,068
Mar 199374452518.14$13,496
Feb 199372749217.90$13,013
Jan 199355364316.93$9,362

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.

Jun 2005 — as filed, then multipliedworked
Oil                   51 bbl  × $ 52.33 =     $2,669
Casinghead gas         0 Mcf  × $  7.38 =         $0

────────────────────────────────────────────────────
Month total                                   $2,669

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/28544 is the state's own key, not one this site invented.