AHEARN "B"

Operated by PETROCORP INCORPORATED,A TX.CORP (P-5 660206) in the MYRTLE -B- (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29414District 08Field 64222200NGPA filingOilCasinghead gasSaveExport
Value, all time
$239 k
Jan 1993 – Jun 2003
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
126
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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered
1984-10-06
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition11,125 bbl$213,208
Casinghead gasProduction16,124 Mcf$26,000
Total$239,208

6,429 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 31.8782, -103.5586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.87821, -103.55859 · 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
6,590 ft
1 wells filed one
Completion to plug
4 months
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 6,590 ft.

Completions filed
Dec 2002
1 of 1 wells
Plug dates filed
Apr 2003
1 of 1 wells

Last completion to plug: a median of 4 months across the 1 well that filed both dates, with the middle half between 4 months and 4 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3013059226,590 ftDec 2002Apr 2003Yes

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 (126)

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

126 months

Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200388033.487.93$2,946
Jan 200302830.315.58$156
Dec 2002014326.914.85$694
Nov 20020024.664.14$0
Oct 200202026.464.23$85
Sep 2002018527.443.64$673
Aug 200219831225.963.16$6,127
Jul 2002030924.583.06$946
Jun 200219729423.733.34$5,656
May 2002031624.663.58$1,133
Apr 200218431723.653.51$5,465
Mar 200220131222.003.10$5,390
Feb 2002018018.222.38$428
Jan 2002035317.172.38$839
Dec 200101,78816.932.36$4,228
Nov 200119534018.072.41$4,342
Oct 2001032819.782.53$829
Sep 200117827424.262.25$4,935
Aug 200117615924.873.05$4,863
Jul 2001017123.933.20$547
Jun 200102424.563.82$92
May 200108825.524.31$379
Apr 20010024.685.34$0
Mar 2001182024.545.38$4,466
Feb 20010027.755.77$0
Jan 2001170027.478.40$4,670
Dec 2000187026.889.12$5,027
Nov 20000032.215.66$0
Oct 2000178031.235.15$5,559
Sep 20000031.875.19$0
Aug 2000163029.644.54$4,831
Jul 2000191028.534.09$5,449
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000201024.513.12$4,927
Mar 2000182028.422.86$5,172
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999203024.282.42$4,929
Nov 1999176023.192.43$4,081
Oct 199919711520.982.80$4,455
Sep 1999027521.752.62$720
Aug 199909919.262.88$285
Jul 199901217.892.37$28
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990115.102.21$2
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998204699.201.77$1,999
Nov 1998010610.892.19$232
Oct 199819311712.421.97$2,627
Sep 1998011912.592.08$248
Aug 199819712811.301.91$2,470
Jul 1998013411.742.24$300
Jun 199819913611.242.24$2,541
May 1998012712.622.21$280
Apr 199819313313.042.51$2,850
Mar 1998013912.802.31$321
Feb 199820112813.952.30$3,098
Jan 1998012714.702.15$274
Dec 19972026516.322.41$3,453
Nov 1997015718.193.09$485
Oct 1997015119.253.15$476
Sep 199718814017.742.95$3,749
Aug 1997016717.862.55$427
Jul 199719716717.582.25$3,839
Jun 1997017217.242.26$388
May 199717921918.972.31$3,901
Apr 199720220717.882.08$4,043
Mar 1997010618.951.94$206
Feb 199719618320.492.21$4,420
Jan 199705523.483.54$195
Dec 199619811823.32$4,617
Nov 1996017721.97$0
Oct 199619910923.31$4,639
Sep 1996011022.22$0
Aug 199617212920.26$3,485
Jul 1996012719.55$0
Jun 199619614118.73$3,671
May 1996017319.43$0
Apr 199618213821.51$3,915
Mar 199619416619.38$3,760
Feb 1996015716.98$0
Jan 199619317717.07$3,295
Dec 1995017117.19$0
Nov 199519516316.00$3,120
Oct 199519818915.43$3,055
Sep 1995015316.18$0
Aug 199519819715.92$3,152
Jul 199502315.24$0
Jun 19951952016.41$3,200
May 1995017417.56$0
Apr 1995018017.73$0
Mar 19958416716.44$1,381
Feb 199515316716.58$2,537
Jan 19951839315.92$2,913
Dec 1994014915.03$0
Nov 199412016715.90$1,908
Oct 199429716515.58$4,627
Sep 1994016415.29$0
Aug 199418219716.13$2,936
Jul 199410210017.56$1,791
Jun 19949911017.09$1,692
May 1994011015.88$0
Apr 199418112214.14$2,559
Mar 1994013612.46$0
Feb 199418310812.50$2,288
Jan 199418210012.66$2,304
Dec 1993010012.33$0
Nov 199312310014.49$1,782
Oct 1993010015.85$0
Sep 199313015015.03$1,954
Aug 199318015015.66$2,819
Jul 19932915015.46$448
Jun 199318215016.79$3,056
May 199318115017.68$3,200
Apr 199324715018.05$4,458
Mar 19931861218.14$3,374
Feb 199306017.90$0
Jan 199318311016.93$3,098

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.

Feb 2003 — as filed, then multipliedworked
Oil                   88 bbl  × $ 33.48 =     $2,946
Casinghead gas         0 Mcf  × $  7.93 =         $0

────────────────────────────────────────────────────
Month total                                   $2,946

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/29414 is the state's own key, not one this site invented.