SURESHOT

Operated by MADISON AND WRIGHT LLC (P-5 521182) in the MATTHEWS (CANYON CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38487District 08Field 58327200OilCasinghead gasSaveExport
Value, all time
$1.4 M
Oct 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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 38 leases and 66 wells, and the rule below applies to all of them.

Discovered
2007-09-11
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 2007-09-11.

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
OilDisposition14,619 bbl$1,209,412
Casinghead gasProduction29,895 Mcf$159,950
Total$1,369,362

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 31.8508, -103.9186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.85079, -103.91857 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,484 ft
2 wells filed one
Completion to plug
no well filed both dates

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 4,475 and 4,492 ft, median 4,484 ft, over the 2 wells that filed a depth.

Plug dates filed
Feb 2009 – May 2020
2 of 2 wells

2 wells

42-3893169214,475 ftFeb 2009Yes
42-3893171924,492 ftMay 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 (224)

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

224 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017158045.373.26$7,168
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017198050.452.95$9,989
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016169046.193.09$7,806
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016196041.622.92$8,158
Jun 20160045.352.69$0
May 2016180042.521.99$7,654
Apr 2016180036.561.99$6,581
Mar 2016195033.011.79$6,437
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015198032.362.00$6,407
Nov 20150038.792.17$0
Oct 2015193043.552.43$8,405
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015192048.152.95$9,245
Jun 201522056.152.88$1,235
May 20151922355.212.96$10,668
Apr 20150049.822.71$0
Mar 201519626042.892.93$9,169
Feb 201515026044.662.98$7,473
Jan 2015024043.433.10$744
Dec 2014031054.693.59$1,113
Nov 201420229070.464.25$15,466
Oct 2014029578.303.90$1,151
Sep 2014029086.164.05$1,173
Aug 201419529189.394.04$18,605
Jul 20140096.564.18$0
Jun 201419729098.164.74$20,711
May 2014031094.734.73$1,465
Apr 201420230095.944.81$20,823
Mar 201418021295.895.06$18,332
Feb 2014018297.406.19$1,127
Jan 2014034290.404.86$1,662
Dec 201320321391.824.35$19,567
Nov 2013032288.853.74$1,204
Oct 201319720497.423.78$19,963
Sep 201319484104.113.72$20,510
Aug 20130250104.253.52$881
Jul 2013189279102.523.72$20,414
Jun 201319823494.403.93$19,612
May 2013030094.834.15$1,245
Apr 201309493.964.28$403
Mar 2013209093.623.91$19,567
Feb 2013011491.233.42$390
Jan 201320219491.603.42$19,167
Dec 2012026886.773.42$917
Nov 201217029086.953.62$15,833
Oct 201218025789.383.40$16,962
Sep 2012019894.672.92$578
Aug 201215915492.662.91$15,181
Jul 201219424185.133.02$17,243
Jun 2012025579.822.52$642
May 201219925091.612.49$18,852
Apr 20120242101.652.00$483
Mar 20120263105.052.22$584
Feb 2012169256101.102.57$17,744
Jan 201216926898.092.73$17,310
Dec 2011025896.873.24$836
Nov 201116441695.723.31$17,076
Oct 201117029084.983.65$15,505
Sep 201117031683.623.99$15,475
Aug 2011025083.404.15$1,037
Jul 201118226694.144.52$18,335
Jun 2011028992.904.64$1,341
May 201131627598.134.40$32,220
Apr 2011173217105.964.33$19,271
Mar 2011029296.364.06$1,185
Feb 2011023585.644.18$982
Jan 201116839086.504.59$16,322
Dec 2010037885.734.35$1,643
Nov 201017035980.843.80$15,105
Oct 2010028178.103.51$986
Sep 201017723072.633.98$13,771
Aug 201017026873.684.42$13,710
Jul 2010031172.554.74$1,473
Jun 201017424370.364.91$13,436
May 201016919771.124.24$12,854
Apr 2010023681.694.12$973
Mar 201017526078.394.39$14,859
Feb 201019331573.585.44$15,915
Jan 201016837674.365.96$14,735
Dec 2009049971.445.48$2,736
Nov 200917255774.593.75$14,919
Oct 200916850572.544.11$14,262
Sep 2009051065.543.06$1,563
Aug 200916938467.423.22$12,630
Jul 200916442461.133.46$11,494
Jun 200917835166.163.90$13,144
May 2009039154.743.93$1,535
Apr 200915946046.773.59$9,087
Mar 200932450842.144.06$15,715
Feb 2009041532.814.63$1,923
Jan 2009014335.865.37$768
Dec 2008011737.105.98$699
Nov 2008016155.496.86$1,105
Oct 200817327275.246.92$14,899
Sep 2008494389101.767.88$53,334
Aug 2008163445114.228.48$22,393
Jul 2008172465131.0811.39$27,842
Jun 2008489532131.3313.03$71,154
May 2008330625123.1711.57$47,880
Apr 2008327718110.3110.45$43,578
Mar 2008333640101.909.66$40,118
Feb 200832655292.538.77$35,006
Jan 200836261390.388.21$37,748
Dec 20073701,21388.337.30$41,539
Nov 20074831,07091.677.29$52,079
Oct 200749786382.856.92$47,150

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.

May 2017 — as filed, then multipliedworked
Oil                  158 bbl  × $ 45.37 =     $7,168
Casinghead gas         0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $7,168

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/38487 is the state's own key, not one this site invented.