MID SHOT

Operated by REEF EXPLORATION, L.P. (P-5 697952) in the MATTHEWS (LOWER CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31526District 08Field 58327500NGPA filingOilCasinghead gasSaveExport
Value, all time
$564 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
183
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 19 leases and 35 wells, and the rule below applies to all of them.

Discovered
1984-05-18
as the register files it
Field class
Oil
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 1999-04-01.

The Commission's schedule remark for this field reads: OPTIONAL ACRES 20, 1500 DIAG.

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
OilDisposition24,577 bbl$478,658
Casinghead gasProduction46,440 Mcf$85,701
Total$564,359

27,315 Mcf of this lease's gas, across 41 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 31.8557, -103.9196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85568, -103.91962 · 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
4,630 ft
1 wells filed one
Completion to plug
34.5 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 4,630 ft.

Completions filed
Nov 1987
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 34.5 years across the 1 well that filed both dates, with the middle half between 34.5 years and 34.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3893181814,630 ftNov 1987May 2022Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20072910075.846.24$2,824
Aug 20072113269.066.39$2,293
Jul 20073115470.906.39$3,182
Jun 20071818362.007.55$2,497
May 20073216858.747.85$3,198
Apr 20072918259.617.81$3,149
Mar 20071715556.927.30$2,099
Feb 20072918255.108.22$3,093
Jan 20073011550.306.73$2,283
Dec 20062615856.656.92$2,566
Nov 20062514654.207.62$2,467
Oct 20063316654.906.01$2,810
Sep 20062714560.085.04$2,353
Aug 20063214968.717.34$3,292
Jul 20062615369.376.34$2,774
Jun 20063114466.286.38$2,974
May 20062315966.016.42$2,540
Apr 20063215964.397.36$3,231
Mar 20062318156.707.08$2,586
Feb 20063516057.597.75$3,256
Jan 20063016160.598.93$3,256
Dec 20052314454.9413.42$3,195
Nov 20052915654.6910.59$3,238
Oct 20052917558.3413.80$4,106
Sep 20052919161.4512.08$4,089
Aug 20053216861.519.80$3,614
Jul 20052111755.697.84$2,087
Jun 20052912752.337.38$2,455
May 2005278645.226.65$1,793
Apr 2005357049.207.36$2,237
Mar 2005386750.377.15$2,393
Feb 2005274845.226.31$1,524
Jan 200575643.166.32$656
Dec 20047913839.866.75$4,081
Nov 2004397445.286.33$2,234
Oct 20045813449.706.52$3,756
Sep 20045410843.245.28$2,906
Aug 20045313842.375.55$3,012
Jul 20047113038.286.08$3,509
Jun 20045612636.106.43$2,832
May 20047714837.486.49$3,847
Apr 20045413734.475.86$2,664
Mar 20046614434.365.53$3,064
Feb 20046813832.455.51$2,967
Jan 20045415532.036.30$2,706
Dec 20038616530.266.30$3,642
Nov 20037016628.804.60$2,779
Oct 20037219028.174.76$2,933
Sep 20037217926.314.75$2,744
Aug 20037221129.765.13$3,225
Jul 20038621629.415.17$3,646
Jun 20038621428.565.98$3,737
May 20036315426.595.97$2,595
Apr 20035214926.675.41$2,193
Mar 20035615531.146.10$2,689
Feb 20036014033.487.93$3,118
Jan 20035515530.315.58$2,532
Dec 20027515526.914.85$2,771
Nov 2002015024.664.14$621
Oct 2002508526.464.23$1,682
Sep 2002518427.443.64$1,705
Aug 200251025.963.16$1,324
Jul 2002100024.583.06$2,458
Jun 2002100023.733.34$2,373
May 2002100024.663.58$2,466
Apr 2002150023.653.51$3,548
Mar 200296022.003.10$2,112
Feb 200297018.222.38$1,767
Jan 2002102017.172.38$1,751
Dec 2001101016.932.36$1,710
Nov 2001153018.072.41$2,765
Oct 2001101019.782.53$1,998
Sep 2001100024.262.25$2,426
Aug 2001150024.873.05$3,731
Jul 200149023.933.20$1,173
Jun 2001106024.563.82$2,603
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
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 1998156012.592.08$1,964
Aug 199851234911.301.91$6,451
Jul 199818060811.742.24$3,473
Jun 19980011.242.24$0
May 199834869412.622.21$5,923
Apr 199835891913.042.51$6,971
Mar 19980012.802.31$0
Feb 199835170713.952.30$6,522
Jan 199871080614.702.15$12,174
Dec 1997352016.322.41$5,745
Nov 19970018.193.09$0
Oct 199754274019.253.15$12,764
Sep 199752881317.742.95$11,769
Aug 1997042217.862.55$1,078
Jul 199753642217.582.25$10,371
Jun 199717442217.242.26$3,952
May 19970018.972.31$0
Apr 199745075017.882.08$9,608
Mar 199740079018.951.94$9,112
Feb 199763498120.492.21$15,155
Jan 199747290723.483.54$14,293
Dec 199650767823.32$11,823
Nov 199644150721.97$9,689
Oct 19960023.31$0
Sep 199610921422.22$2,422
Aug 1996129220.26$243
Jul 1996191719.55$371
Jun 19962716918.73$506
May 199610530419.43$2,040
Apr 19966924721.51$1,484
Mar 19963461019.38$659
Feb 199630127016.98$5,111
Jan 199622021017.07$3,755
Dec 199525437317.19$4,366
Nov 199527733216.00$4,432
Oct 199527843915.43$4,290
Sep 199515449016.18$2,492
Aug 199511914415.92$1,894
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 199514016.58$232
Jan 1995145115.92$2,308
Dec 1994129115.03$1,939
Nov 19940115.90$0
Oct 1994013415.58$0
Sep 1994046015.29$0
Aug 199423776116.13$3,823
Jul 19942911,07817.56$5,110
Jun 19945451,22917.09$9,314
May 19943811,01415.88$6,050
Apr 19945591,33714.14$7,904
Mar 19945861,58712.46$7,302
Feb 199432490212.50$4,050
Jan 19945621,41512.66$7,115
Dec 19935501,24212.33$6,782
Nov 19935541,24214.49$8,027
Oct 19936921,27315.85$10,968
Sep 19937561,33315.03$11,363
Aug 19935601,07115.66$8,770
Jul 19938331,66015.46$12,878
Jun 199373289016.79$12,290
May 199353080517.68$9,370
Apr 199327957218.05$5,036
Mar 199356394918.14$10,213
Feb 199337448017.90$6,695
Jan 199355678216.93$9,413

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.

Sep 2007 — as filed, then multipliedworked
Oil                   29 bbl  × $ 75.84 =     $2,199
Casinghead gas       100 Mcf  × $  6.24 =       $624

────────────────────────────────────────────────────
Month total                                   $2,824

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/31526 is the state's own key, not one this site invented.