TAYLOR, MACK -B-

Operated by GRUY PETROLEUM MANAGEMENT CO. (P-5 337106) in the KEYSTONE (HOLT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29574District 08Field 49129396Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Apr 2002
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
112
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 63 leases and 354 wells, and the rule below applies to all of them.

Discovered
1943-09-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1975-07-07.

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.

The Commission's schedule remark for this field reads: INTO THE KEYSTONE (CONSOLIDATED) FIELD.

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
OilDisposition58,111 bbl$975,232
Casinghead gasProduction110,999 Mcf$157,159
Total$1,132,391

61,469 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 31.9389, -103.0065. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.93839, -103.00803 · centre of 3 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
25.0%
1 of 4 wells
Median depth
5,252 ft
4 wells filed one
Completion to plug
35.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
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 5,200 and 8,100 ft, median 5,252 ft, over the 4 wells that filed a depth.

Completions filed
Jan 1985 – Sep 2025
4 of 4 wells
Plug dates filed
Jul 2020
1 of 4 wells; 3 filed none

Last completion to plug: a median of 35.5 years across the 1 well that filed both dates, with the middle half between 35.5 years and 35.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4953244265,203 ftSep 2025Yes
42-4953246785,300 ftJul 2002Yes
42-4953246675,200 ftJun 2002Yes
42-4950529918,100 ftJan 1985Jul 2020Yes

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 (112)

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

112 months

Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20016536216.932.36$1,956
Nov 20019131118.072.41$2,392
Oct 20013632719.782.53$1,539
Sep 20016035124.262.25$2,246
Aug 200110241724.873.05$3,810
Jul 20015042923.933.20$2,568
Jun 20012945424.563.82$2,448
May 20013146525.524.31$2,794
Apr 20013445224.685.34$3,251
Mar 20011381,01624.545.38$8,849
Feb 200114296127.755.77$9,483
Jan 200113596227.478.40$11,788
Dec 200014299426.889.12$12,885
Nov 200014098832.215.66$10,100
Oct 20001491,09431.235.15$10,282
Sep 20001911,09031.875.19$11,740
Aug 200010996429.644.54$7,608
Jul 200012095728.534.09$7,337
Jun 200011185629.304.40$7,016
May 200015999527.263.68$7,996
Apr 200020998224.513.12$8,183
Mar 20002081,00928.422.86$8,797
Feb 200019298427.622.73$7,986
Jan 200021197525.272.48$7,750
Dec 199925697624.282.42$8,581
Nov 199923496623.192.43$7,778
Oct 199925896620.982.80$8,121
Sep 1999243021.752.62$5,285
Aug 1999169019.262.88$3,255
Jul 1999157017.892.37$2,809
Jun 199912690515.942.36$4,146
May 199914898515.792.32$4,623
Apr 199914245315.102.21$3,144
Mar 199916373612.471.84$3,386
Feb 19991164739.981.82$2,017
Jan 19991471,13710.381.90$3,686
Dec 19981739679.201.77$3,306
Nov 199821733210.892.19$3,089
Oct 19981281,00312.421.97$3,565
Sep 19981651,18212.592.08$4,539
Aug 19981551,12911.301.91$3,905
Jul 19981691,21111.742.24$4,693
Jun 19981751,22611.242.24$4,710
May 19981731,34112.622.21$5,142
Apr 19981791,16813.042.51$5,260
Mar 19981671,13012.802.31$4,747
Feb 19981861,13113.952.30$5,195
Jan 19981851,19114.702.15$5,286
Dec 19971641,08516.322.41$5,293
Nov 199717097118.193.09$6,091
Oct 19971551,17019.253.15$6,669
Sep 19971571,04217.742.95$5,864
Aug 199715488117.862.55$5,001
Jul 199717072917.582.25$4,627
Jun 199744330117.242.26$8,317
May 19970018.972.31$0
Apr 19971301,04617.882.08$4,503
Mar 19971281,00218.951.94$4,369
Feb 199712591620.492.21$4,582
Jan 19972091,38423.483.54$9,806
Dec 19962231,20823.32$5,200
Nov 19964141,58221.97$9,096
Oct 199615272523.31$3,543
Sep 199617134822.22$3,800
Aug 199616340720.26$3,302
Jul 199616436219.55$3,206
Jun 199617234418.73$3,222
May 199616035219.43$3,109
Apr 199616634621.51$3,571
Mar 199616530019.38$3,198
Feb 199616727616.98$2,836
Jan 199614968517.07$2,543
Dec 199523467317.19$4,022
Nov 199520728216.00$3,312
Oct 199527435315.43$4,228
Sep 19952,8672,51216.18$46,388
Aug 19952,7672,87715.92$44,051
Jul 19952,9633,05715.24$45,156
Jun 19953,0132,95116.41$49,443
May 19953,3682,48317.56$59,142
Apr 19953,7652,89717.73$66,753
Mar 19953,4003,82616.44$55,896
Feb 19951,2381,44616.58$20,526
Jan 19951,4141,57615.92$22,511
Dec 19941,4291,15115.03$21,478
Nov 19941,4391,18115.90$22,880
Oct 19941,6352,49215.58$25,473
Sep 19941,6182,35615.29$24,739
Aug 19941,6302,90816.13$26,292
Jul 19942,1053,78017.56$36,964
Jun 19941,4492,60217.09$24,763
May 19941,2511,55515.88$19,866
Apr 19941,1831,55514.14$16,728
Mar 19941,5551,78212.46$19,375
Feb 199496992812.50$12,113
Jan 19941,00964712.66$12,774
Dec 199329351012.33$3,613
Nov 199331350814.49$4,535
Oct 199329854215.85$4,723
Sep 199330753415.03$4,614
Aug 199336054715.66$5,638
Jul 199330655615.46$4,731
Jun 199332049216.79$5,373
May 199334259217.68$6,047
Apr 199334977318.05$6,299
Mar 199337057518.14$6,712
Feb 199331750517.90$5,674
Jan 199339853016.93$6,738

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.

Dec 2001 — as filed, then multipliedworked
Oil                   65 bbl  × $ 16.93 =     $1,100
Casinghead gas       362 Mcf  × $  2.36 =       $856

────────────────────────────────────────────────────
Month total                                   $1,956

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/29574 is the state's own key, not one this site invented.