FLOYD -4-

Name: FLOYD -4- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by APACHE CORPORATION (P-5 27200) 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 28844District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$1.9 M

Jan 1993 – Apr 2018

Value, last 12 filed months

$65

at the published price for each month

Months reported

304

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.”

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	1	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	39,820 bbl	$1,644,853
Casinghead gas	Production	77,003 Mcf	$294,491
Total			$1,939,345

21,074 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 31.9125, -101.8609. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91251, -101.86089 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,880 ft

1 wells filed one

Completion to plug

33.8 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 8,880 ft.

Completions filed

Mar 1984

1 of 1 wells

Plug dates filed

Jan 2018

1 of 1 wells

Last completion to plug: a median of 33.8 years across the 1 well that filed both dates, with the middle half between 33.8 years and 33.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32931282	1	8,880 ft	Mar 1984	Jan 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 (304)

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

304 months


Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	2	45.37	3.00	$6
Jul 2017	0	19	43.87	3.09	$59
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	178	28	46.77	2.98	$8,409
Feb 2017	179	28	50.45	2.95	$9,113
Jan 2017	0	24	49.41	3.42	$82
Dec 2016	181	27	48.76	3.72	$8,926
Nov 2016	353	30	42.49	2.64	$15,078
Oct 2016	178	31	46.19	3.09	$8,318
Sep 2016	175	30	41.55	3.10	$7,364
Aug 2016	342	31	41.44	2.92	$14,263
Jul 2016	170	31	41.62	2.92	$7,166
Jun 2016	169	8	45.35	2.69	$7,686
May 2016	0	8	42.52	1.99	$16
Apr 2016	0	54	36.56	1.99	$108
Mar 2016	185	25	33.01	1.79	$6,152
Feb 2016	0	6	26.47	2.06	$12
Jan 2016	0	53	27.35	2.36	$125
Dec 2015	358	66	32.36	2.00	$11,717
Nov 2015	0	84	38.79	2.17	$182
Oct 2015	184	158	43.55	2.43	$8,397
Sep 2015	175	97	42.99	2.76	$7,791
Aug 2015	181	83	40.16	2.87	$7,507
Jul 2015	180	96	48.15	2.95	$8,950
Jun 2015	360	189	56.15	2.88	$20,759
May 2015	165	195	55.21	2.96	$9,686
Apr 2015	176	130	49.82	2.71	$9,120
Mar 2015	182	171	42.89	2.93	$8,308
Feb 2015	168	136	44.66	2.98	$7,908
Jan 2015	0	90	43.43	3.10	$279
Dec 2014	176	53	54.69	3.59	$9,816
Nov 2014	0	123	70.46	4.25	$523
Oct 2014	377	175	78.30	3.90	$30,202
Sep 2014	179	154	86.16	4.05	$16,046
Aug 2014	0	65	89.39	4.04	$262
Jul 2014	0	132	96.56	4.18	$552
Jun 2014	156	156	98.16	4.74	$16,052
May 2014	171	129	94.73	4.73	$16,809
Apr 2014	165	104	95.94	4.81	$16,330
Mar 2014	179	154	95.89	5.06	$17,943
Feb 2014	166	58	97.40	6.19	$16,528
Jan 2014	172	173	90.40	4.86	$16,390
Dec 2013	180	108	91.82	4.35	$16,998
Nov 2013	0	74	88.85	3.74	$277
Oct 2013	169	100	97.42	3.78	$16,842
Sep 2013	168	76	104.11	3.72	$17,773
Aug 2013	0	34	104.25	3.52	$120
Jul 2013	170	123	102.52	3.72	$17,886
Jun 2013	170	144	94.40	3.93	$16,614
May 2013	0	76	94.83	4.15	$315
Apr 2013	169	102	93.96	4.28	$16,316
Mar 2013	169	92	93.62	3.91	$16,182
Feb 2013	171	64	91.23	3.42	$15,819
Jan 2013	0	16	91.60	3.42	$55
Dec 2012	169	69	86.77	3.42	$14,900
Nov 2012	0	69	86.95	3.62	$250
Oct 2012	169	76	89.38	3.40	$15,364
Sep 2012	0	34	94.67	2.92	$99
Aug 2012	338	64	92.66	2.91	$31,505
Jul 2012	0	30	85.13	3.02	$91
Jun 2012	0	17	79.82	2.52	$43
May 2012	0	12	91.61	2.49	$30
Apr 2012	4	0	101.65	2.00	$407
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
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	0	83.40	4.15	$0
Jul 2011	172	14	94.14	4.52	$16,255
Jun 2011	0	27	92.90	4.64	$125
May 2011	177	26	98.13	4.40	$17,484
Apr 2011	0	26	105.96	4.33	$113
Mar 2011	0	6	96.36	4.06	$24
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	134	0	86.50	4.59	$11,591
Dec 2010	172	0	85.73	4.35	$14,746
Nov 2010	173	70	80.84	3.80	$14,251
Oct 2010	0	93	78.10	3.51	$326
Sep 2010	0	90	72.63	3.98	$358
Aug 2010	0	93	73.68	4.42	$411
Jul 2010	0	97	72.55	4.74	$459
Jun 2010	0	92	70.36	4.91	$452
May 2010	0	93	71.12	4.24	$394
Apr 2010	0	48	81.69	4.12	$198
Mar 2010	0	93	78.39	4.39	$408
Feb 2010	0	84	73.58	5.44	$457
Jan 2010	0	93	74.36	5.96	$555
Dec 2009	0	21	71.44	5.48	$115
Nov 2009	0	28	74.59	3.75	$105
Oct 2009	0	164	72.54	4.11	$674
Sep 2009	347	161	65.54	3.06	$23,236
Aug 2009	0	178	67.42	3.22	$573
Jul 2009	0	202	61.13	3.46	$700
Jun 2009	161	215	66.16	3.90	$11,489
May 2009	0	204	54.74	3.93	$801
Apr 2009	0	147	46.77	3.59	$527
Mar 2009	171	218	42.14	4.06	$8,091
Feb 2009	0	209	32.81	4.63	$968
Jan 2009	171	199	35.86	5.37	$7,201
Dec 2008	0	238	37.10	5.98	$1,423
Nov 2008	186	225	55.49	6.86	$11,865
Oct 2008	179	390	75.24	6.92	$16,168
Sep 2008	0	305	101.76	7.88	$2,403
Aug 2008	151	401	114.22	8.48	$20,649
Jul 2008	0	40	131.08	11.39	$456
Jun 2008	170	19	131.33	13.03	$22,574
May 2008	166	353	123.17	11.57	$24,532
Apr 2008	0	297	110.31	10.45	$3,105
Mar 2008	165	296	101.90	9.66	$19,674
Feb 2008	0	142	92.53	8.77	$1,245
Jan 2008	165	375	90.38	8.21	$17,990
Dec 2007	168	427	88.33	7.30	$17,957
Nov 2007	205	259	91.67	7.29	$20,681
Oct 2007	166	312	82.85	6.92	$15,913
Sep 2007	189	345	75.84	6.24	$16,488
Aug 2007	165	345	69.06	6.39	$13,599
Jul 2007	159	359	70.90	6.39	$13,566
Jun 2007	166	312	62.00	7.55	$12,647
May 2007	166	338	58.74	7.85	$12,403
Apr 2007	166	319	59.61	7.81	$12,385
Mar 2007	165	328	56.92	7.30	$11,787
Feb 2007	169	325	55.10	8.22	$11,982
Jan 2007	158	350	50.30	6.73	$10,302
Dec 2006	166	163	56.65	6.92	$10,532
Nov 2006	168	335	54.20	7.62	$11,657
Oct 2006	175	358	54.90	6.01	$11,760
Sep 2006	169	375	60.08	5.04	$12,042
Aug 2006	166	426	68.71	7.34	$14,533
Jul 2006	168	522	69.37	6.34	$14,965
Jun 2006	177	524	66.28	6.38	$15,077
May 2006	169	559	66.01	6.42	$14,747
Apr 2006	168	504	64.39	7.36	$14,527
Mar 2006	323	539	56.70	7.08	$22,132
Feb 2006	160	430	57.59	7.75	$12,547
Jan 2006	169	435	60.59	8.93	$14,126
Dec 2005	319	428	54.94	13.42	$23,268
Nov 2005	0	442	54.69	10.59	$4,680
Oct 2005	331	482	58.34	13.80	$25,960
Sep 2005	165	411	61.45	12.08	$15,104
Aug 2005	167	472	61.51	9.80	$14,896
Jul 2005	168	477	55.69	7.84	$13,097
Jun 2005	332	469	52.33	7.38	$20,835
May 2005	168	461	45.22	6.65	$10,663
Apr 2005	164	412	49.20	7.36	$11,101
Mar 2005	0	5	50.37	7.15	$36
Feb 2005	0	93	45.22	6.31	$587
Jan 2005	166	410	43.16	6.32	$9,757
Dec 2004	166	447	39.86	6.75	$9,634
Nov 2004	167	444	45.28	6.33	$10,372
Oct 2004	166	464	49.70	6.52	$11,273
Sep 2004	170	424	43.24	5.28	$9,591
Aug 2004	167	443	42.37	5.55	$9,535
Jul 2004	167	448	38.28	6.08	$9,118
Jun 2004	166	457	36.10	6.43	$8,932
May 2004	164	451	37.48	6.49	$9,076
Apr 2004	159	427	34.47	5.86	$7,982
Mar 2004	336	439	34.36	5.53	$13,973
Feb 2004	170	395	32.45	5.51	$7,693
Jan 2004	169	423	32.03	6.30	$8,078
Dec 2003	172	481	30.26	6.30	$8,236
Nov 2003	163	462	28.80	4.60	$6,817
Oct 2003	334	505	28.17	4.76	$11,812
Sep 2003	171	406	26.31	4.75	$6,427
Aug 2003	181	448	29.76	5.13	$7,685
Jul 2003	158	392	29.41	5.17	$6,674
Jun 2003	190	399	28.56	5.98	$7,814
May 2003	169	430	26.59	5.97	$7,062
Apr 2003	0	373	26.67	5.41	$2,017
Mar 2003	185	430	31.14	6.10	$8,382
Feb 2003	170	379	33.48	7.93	$8,696
Jan 2003	170	385	30.31	5.58	$7,302
Dec 2002	166	331	26.91	4.85	$6,074
Nov 2002	168	432	24.66	4.14	$5,930
Oct 2002	171	467	26.46	4.23	$6,500
Sep 2002	180	444	27.44	3.64	$6,553
Aug 2002	162	459	25.96	3.16	$5,658
Jul 2002	185	554	24.58	3.06	$6,244
Jun 2002	188	529	23.73	3.34	$6,227
May 2002	189	453	24.66	3.58	$6,284
Apr 2002	190	455	23.65	3.51	$6,092
Mar 2002	177	480	22.00	3.10	$5,383
Feb 2002	191	439	18.22	2.38	$4,523
Jan 2002	188	475	17.17	2.38	$4,356
Dec 2001	185	379	16.93	2.36	$4,028
Nov 2001	187	366	18.07	2.41	$4,260
Oct 2001	0	370	19.78	2.53	$936
Sep 2001	160	322	24.26	2.25	$4,607
Aug 2001	179	365	24.87	3.05	$5,566
Jul 2001	179	379	23.93	3.20	$5,495
Jun 2001	0	391	24.56	3.82	$1,495
May 2001	180	367	25.52	4.31	$6,174
Apr 2001	167	362	24.68	5.34	$6,053
Mar 2001	185	336	24.54	5.38	$6,346
Feb 2001	0	313	27.75	5.77	$1,805
Jan 2001	178	339	27.47	8.40	$7,737
Dec 2000	167	274	26.88	9.12	$6,989
Nov 2000	188	312	32.21	5.66	$7,821
Oct 2000	0	322	31.23	5.15	$1,657
Sep 2000	183	327	31.87	5.19	$7,528
Aug 2000	182	310	29.64	4.54	$6,802
Jul 2000	0	340	28.53	4.09	$1,391
Jun 2000	181	379	29.30	4.40	$6,970
May 2000	186	439	27.26	3.68	$6,686
Apr 2000	180	404	24.51	3.12	$5,671
Mar 2000	0	351	28.42	2.86	$1,004
Feb 2000	186	351	27.62	2.73	$6,094
Jan 2000	193	343	25.27	2.48	$5,728
Dec 1999	0	296	24.28	2.42	$717
Nov 1999	174	288	23.19	2.43	$4,736
Oct 1999	192	354	20.98	2.80	$5,021
Sep 1999	0	305	21.75	2.62	$799
Aug 1999	196	319	19.26	2.88	$4,692
Jul 1999	0	294	17.89	2.37	$697
Jun 1999	166	298	15.94	2.36	$3,350
May 1999	198	273	15.79	2.32	$3,760
Apr 1999	0	259	15.10	2.21	$572
Mar 1999	201	289	12.47	1.84	$3,038
Feb 1999	0	219	9.98	1.82	$398
Jan 1999	181	216	10.38	1.90	$2,289
Dec 1998	186	228	9.20	1.77	$2,116
Nov 1998	0	207	10.89	2.19	$452
Oct 1998	189	231	12.42	1.97	$2,802
Sep 1998	0	201	12.59	2.08	$419
Aug 1998	194	195	11.30	1.91	$2,564
Jul 1998	184	170	11.74	2.24	$2,541
Jun 1998	186	115	11.24	2.24	$2,348
May 1998	0	126	12.62	2.21	$278
Apr 1998	191	107	13.04	2.51	$2,759
Mar 1998	0	77	12.80	2.31	$178
Feb 1998	187	33	13.95	2.30	$2,685
Jan 1998	0	38	14.70	2.15	$82
Dec 1997	0	33	16.32	2.41	$80
Nov 1997	191	39	18.19	3.09	$3,595
Oct 1997	0	39	19.25	3.15	$123
Sep 1997	0	31	17.74	2.95	$92
Aug 1997	186	41	17.86	2.55	$3,427
Jul 1997	0	56	17.58	2.25	$126
Jun 1997	0	58	17.24	2.26	$131
May 1997	181	49	18.97	2.31	$3,547
Apr 1997	0	308	17.88	2.08	$642
Mar 1997	382	430	18.95	1.94	$8,073
Feb 1997	0	377	20.49	2.21	$832
Jan 1997	189	410	23.48	3.54	$5,889
Dec 1996	191	446	23.32	—	$4,454
Nov 1996	192	409	21.97	—	$4,218
Oct 1996	193	455	23.31	—	$4,499
Sep 1996	192	472	22.22	—	$4,266
Aug 1996	184	475	20.26	—	$3,728
Jul 1996	192	367	19.55	—	$3,754
Jun 1996	191	364	18.73	—	$3,577
May 1996	187	463	19.43	—	$3,633
Apr 1996	181	442	21.51	—	$3,893
Mar 1996	180	444	19.38	—	$3,488
Feb 1996	179	408	16.98	—	$3,039
Jan 1996	175	437	17.07	—	$2,987
Dec 1995	186	441	17.19	—	$3,197
Nov 1995	366	446	16.00	—	$5,856
Oct 1995	178	476	15.43	—	$2,747
Sep 1995	182	471	16.18	—	$2,945
Aug 1995	177	477	15.92	—	$2,818
Jul 1995	181	575	15.24	—	$2,758
Jun 1995	183	512	16.41	—	$3,003
May 1995	180	493	17.56	—	$3,161
Apr 1995	185	506	17.73	—	$3,280
Mar 1995	181	502	16.44	—	$2,976
Feb 1995	363	442	16.58	—	$6,019
Jan 1995	188	487	15.92	—	$2,993
Dec 1994	174	361	15.03	—	$2,615
Nov 1994	126	472	15.90	—	$2,003
Oct 1994	181	548	15.58	—	$2,820
Sep 1994	175	458	15.29	—	$2,676
Aug 1994	367	489	16.13	—	$5,920
Jul 1994	178	526	17.56	—	$3,126
Jun 1994	181	477	17.09	—	$3,093
May 1994	181	471	15.88	—	$2,874
Apr 1994	183	364	14.14	—	$2,588
Mar 1994	183	358	12.46	—	$2,280
Feb 1994	183	341	12.50	—	$2,288
Jan 1994	366	397	12.66	—	$4,634
Dec 1993	0	419	12.33	—	$0
Nov 1993	367	390	14.49	—	$5,318
Oct 1993	185	395	15.85	—	$2,932
Sep 1993	157	385	15.03	—	$2,360
Aug 1993	0	332	15.66	—	$0
Jul 1993	335	508	15.46	—	$5,179
Jun 1993	0	510	16.79	—	$0
May 1993	165	423	17.68	—	$2,917
Apr 1993	185	375	18.05	—	$3,339
Mar 1993	184	367	18.14	—	$3,338
Feb 1993	171	336	17.90	—	$3,061
Jan 1993	335	362	16.93	—	$5,672

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.

Aug 2017 — as filed, then multipliedworked

Oil                    0 bbl  × $ 45.37 =         $0
Casinghead gas         2 Mcf  × $  3.00 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/28844 is the state's own key, not one this site invented.