BOONE, K. S. DEEP

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

Operated by MERIT ENERGY COMPANY (P-5 561136) in the S.F.M. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32314District 08Field 79229600OilCasinghead gasSave Export

Value, all time

$805 k

Jan 1993 – Aug 2009

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

200

no gaps in the span

Streams

oil, casinghead gas

The S.F.M. (STRAWN) 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 32 leases and 38 wells, and the rule below applies to all of them.

Discovered

1987-07-08

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1989-08-01.

The Commission's schedule remark for this field reads: “THIS FIELD IS CLASSIFIED AS AN OIL FIELD ONLY”

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	18,640 bbl	$360,816
Casinghead gas	Production	322,603 Mcf	$444,022
Total			$804,837

181,728 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 (2)

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 31.9159, -101.7738. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.91595, -101.77374 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

10,832 ft

2 wells filed one

Completion to plug

15.2 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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 10,314 and 11,350 ft, median 10,832 ft, over the 2 wells that filed a depth.

Completions filed

Jan 2003 – Sep 2008

2 of 2 wells

Plug dates filed

Jul 2019 – Jun 2022

2 of 2 wells

Last completion to plug: a median of 15.2 years across the 2 wells that filed both dates, with the middle half between 14.4 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-17332017	4	11,350 ft	Sep 2008	Jun 2022	Yes
42-17332013	3	10,314 ft	Jan 2003	Jul 2019	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 (200)

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

200 months


Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	127	0	101.76	7.88	$12,924
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	61	123.17	11.57	$706
Apr 2008	0	54	110.31	10.45	$565
Mar 2008	0	44	101.90	9.66	$425
Feb 2008	0	56	92.53	8.77	$491
Jan 2008	0	109	90.38	8.21	$894
Dec 2007	0	29	88.33	7.30	$212
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	60	82.85	6.92	$415
Sep 2007	0	45	75.84	6.24	$281
Aug 2007	0	29	69.06	6.39	$185
Jul 2007	0	68	70.90	6.39	$434
Jun 2007	0	83	62.00	7.55	$627
May 2007	0	136	58.74	7.85	$1,067
Apr 2007	0	67	59.61	7.81	$523
Mar 2007	0	121	56.92	7.30	$884
Feb 2007	0	2	55.10	8.22	$16
Jan 2007	0	54	50.30	6.73	$363
Dec 2006	0	51	56.65	6.92	$353
Nov 2006	0	67	54.20	7.62	$510
Oct 2006	0	105	54.90	6.01	$631
Sep 2006	0	107	60.08	5.04	$539
Aug 2006	0	108	68.71	7.34	$793
Jul 2006	0	98	69.37	6.34	$622
Jun 2006	0	113	66.28	6.38	$721
May 2006	0	124	66.01	6.42	$797
Apr 2006	0	89	64.39	7.36	$655
Mar 2006	0	128	56.70	7.08	$907
Feb 2006	0	77	57.59	7.75	$597
Jan 2006	0	108	60.59	8.93	$965
Dec 2005	0	88	54.94	13.42	$1,181
Nov 2005	0	180	54.69	10.59	$1,906
Oct 2005	0	90	58.34	13.80	$1,242
Sep 2005	0	98	61.45	12.08	$1,184
Aug 2005	177	112	61.51	9.80	$11,985
Jul 2005	0	156	55.69	7.84	$1,224
Jun 2005	0	145	52.33	7.38	$1,070
May 2005	0	134	45.22	6.65	$891
Apr 2005	0	122	49.20	7.36	$898
Mar 2005	0	173	50.37	7.15	$1,238
Feb 2005	0	74	45.22	6.31	$467
Jan 2005	0	45	43.16	6.32	$285
Dec 2004	0	77	39.86	6.75	$520
Nov 2004	0	119	45.28	6.33	$753
Oct 2004	0	109	49.70	6.52	$710
Sep 2004	0	103	43.24	5.28	$544
Aug 2004	0	120	42.37	5.55	$666
Jul 2004	0	107	38.28	6.08	$651
Jun 2004	0	83	36.10	6.43	$534
May 2004	0	25	37.48	6.49	$162
Apr 2004	0	23	34.47	5.86	$135
Mar 2004	0	126	34.36	5.53	$697
Feb 2004	0	124	32.45	5.51	$683
Jan 2004	0	90	32.03	6.30	$567
Dec 2003	0	89	30.26	6.30	$561
Nov 2003	0	83	28.80	4.60	$381
Oct 2003	0	91	28.17	4.76	$433
Sep 2003	0	81	26.31	4.75	$385
Aug 2003	0	79	29.76	5.13	$405
Jul 2003	0	90	29.41	5.17	$465
Jun 2003	0	79	28.56	5.98	$473
May 2003	0	88	26.59	5.97	$526
Apr 2003	0	94	26.67	5.41	$508
Mar 2003	0	85	31.14	6.10	$518
Feb 2003	0	115	33.48	7.93	$911
Jan 2003	0	100	30.31	5.58	$558
Dec 2002	0	138	26.91	4.85	$670
Nov 2002	0	434	24.66	4.14	$1,795
Oct 2002	155	451	26.46	4.23	$6,009
Sep 2002	0	479	27.44	3.64	$1,741
Aug 2002	0	709	25.96	3.16	$2,243
Jul 2002	0	546	24.58	3.06	$1,672
Jun 2002	0	569	23.73	3.34	$1,899
May 2002	0	913	24.66	3.58	$3,272
Apr 2002	0	1,118	23.65	3.51	$3,927
Mar 2002	178	1,254	22.00	3.10	$7,807
Feb 2002	0	1,219	18.22	2.38	$2,896
Jan 2002	362	1,330	17.17	2.38	$9,375
Dec 2001	0	1,356	16.93	2.36	$3,206
Nov 2001	0	1,432	18.07	2.41	$3,445
Oct 2001	180	1,498	19.78	2.53	$7,349
Sep 2001	0	1,567	24.26	2.25	$3,528
Aug 2001	179	1,692	24.87	3.05	$9,618
Jul 2001	179	1,625	23.93	3.20	$9,479
Jun 2001	0	1,664	24.56	3.82	$6,363
May 2001	336	1,735	25.52	4.31	$16,048
Apr 2001	0	1,602	24.68	5.34	$8,547
Mar 2001	0	1,631	24.54	5.38	$8,769
Feb 2001	473	1,353	27.75	5.77	$20,929
Jan 2001	0	1,611	27.47	8.40	$13,530
Dec 2000	0	1,613	26.88	9.12	$14,715
Nov 2000	445	1,604	32.21	5.66	$23,409
Oct 2000	0	1,795	31.23	5.15	$9,236
Sep 2000	0	1,766	31.87	5.19	$9,159
Aug 2000	0	1,979	29.64	4.54	$8,986
Jul 2000	468	1,912	28.53	4.09	$21,172
Jun 2000	0	1,781	29.30	4.40	$7,832
May 2000	0	1,853	27.26	3.68	$6,819
Apr 2000	0	1,832	24.51	3.12	$5,709
Mar 2000	333	1,948	28.42	2.86	$15,035
Feb 2000	0	1,847	27.62	2.73	$5,036
Jan 2000	472	2,320	25.27	2.48	$17,682
Dec 1999	0	623	24.28	2.42	$1,510
Nov 1999	0	1,508	23.19	2.43	$3,670
Oct 1999	0	2,163	20.98	2.80	$6,064
Sep 1999	0	2,183	21.75	2.62	$5,717
Aug 1999	414	2,134	19.26	2.88	$14,110
Jul 1999	0	2,033	17.89	2.37	$4,823
Jun 1999	0	2,003	15.94	2.36	$4,731
May 1999	460	2,277	15.79	2.32	$12,548
Apr 1999	0	2,195	15.10	2.21	$4,847
Mar 1999	0	2,101	12.47	1.84	$3,862
Feb 1999	446	1,747	9.98	1.82	$7,627
Jan 1999	0	2,070	10.38	1.90	$3,933
Dec 1998	477	2,168	9.20	1.77	$8,233
Nov 1998	5	2,099	10.89	2.19	$4,642
Oct 1998	464	2,223	12.42	1.97	$10,140
Sep 1998	2	2,335	12.59	2.08	$4,888
Aug 1998	2	2,496	11.30	1.91	$4,783
Jul 1998	2	2,625	11.74	2.24	$5,896
Jun 1998	2	2,570	11.24	2.24	$5,772
May 1998	3	2,664	12.62	2.21	$5,916
Apr 1998	473	2,558	13.04	2.51	$12,577
Mar 1998	1	2,278	12.80	2.31	$5,274
Feb 1998	2	2,250	13.95	2.30	$5,201
Jan 1998	475	2,557	14.70	2.15	$12,492
Dec 1997	2	2,412	16.32	2.41	$5,848
Nov 1997	3	2,530	18.19	3.09	$7,868
Oct 1997	411	2,728	19.25	3.15	$16,504
Sep 1997	2	2,781	17.74	2.95	$8,253
Aug 1997	230	2,895	17.86	2.55	$11,504
Jul 1997	2	2,843	17.58	2.25	$6,423
Jun 1997	467	2,869	17.24	2.26	$14,527
May 1997	3	2,855	18.97	2.31	$6,648
Apr 1997	3	2,740	17.88	2.08	$5,760
Mar 1997	357	2,784	18.95	1.94	$12,164
Feb 1997	3	2,614	20.49	2.21	$5,828
Jan 1997	454	2,998	23.48	3.54	$21,272
Dec 1996	1	3,230	23.32	—	$23
Nov 1996	361	3,079	21.97	—	$7,931
Oct 1996	2	3,399	23.31	—	$47
Sep 1996	351	3,287	22.22	—	$7,799
Aug 1996	3	3,577	20.26	—	$61
Jul 1996	462	3,690	19.55	—	$9,032
Jun 1996	1	3,553	18.73	—	$19
May 1996	433	3,741	19.43	—	$8,413
Apr 1996	2	4,270	21.51	—	$43
Mar 1996	475	3,914	19.38	—	$9,206
Feb 1996	446	3,550	16.98	—	$7,573
Jan 1996	1	4,204	17.07	—	$17
Dec 1995	477	4,431	17.19	—	$8,200
Nov 1995	477	4,871	16.00	—	$7,632
Oct 1995	1	2,678	15.43	—	$15
Sep 1995	1	809	16.18	—	$16
Aug 1995	2	981	15.92	—	$32
Jul 1995	321	775	15.24	—	$4,892
Jun 1995	0	622	16.41	—	$0
May 1995	2	692	17.56	—	$35
Apr 1995	2	503	17.73	—	$35
Mar 1995	2	757	16.44	—	$33
Feb 1995	425	1,324	16.58	—	$7,047
Jan 1995	0	2,441	15.92	—	$0
Dec 1994	1	3,750	15.03	—	$15
Nov 1994	1	4,214	15.90	—	$16
Oct 1994	400	4,617	15.58	—	$6,232
Sep 1994	0	3,938	15.29	—	$0
Aug 1994	465	4,718	16.13	—	$7,500
Jul 1994	1	4,809	17.56	—	$18
Jun 1994	276	4,766	17.09	—	$4,717
May 1994	2	5,232	15.88	—	$32
Apr 1994	914	5,051	14.14	—	$12,924
Mar 1994	249	5,398	12.46	—	$3,103
Feb 1994	219	5,017	12.50	—	$2,738
Jan 1994	435	5,457	12.66	—	$5,507
Dec 1993	1	5,531	12.33	—	$12
Nov 1993	0	5,790	14.49	—	$0
Oct 1993	0	2,498	15.85	—	$0
Sep 1993	1	625	15.03	—	$15
Aug 1993	373	5,067	15.66	—	$5,841
Jul 1993	1	5,457	15.46	—	$15
Jun 1993	463	5,488	16.79	—	$7,774
May 1993	1	5,952	17.68	—	$18
Apr 1993	456	5,797	18.05	—	$8,231
Mar 1993	450	6,457	18.14	—	$8,163
Feb 1993	0	5,216	17.90	—	$0
Jan 1993	454	6,505	16.93	—	$7,686

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 2008 — as filed, then multipliedworked

Oil                  127 bbl  × $101.76 =    $12,924
Casinghead gas         0 Mcf  × $  7.88 =         $0

────────────────────────────────────────────────────
Month total                                  $12,924

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/32314 is the state's own key, not one this site invented.