BIG BROWN 15

Operated by MDC TEXAS OPERATOR LLC (P-5 556511) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50351District 08Field 98359800OilCasinghead gasSave
Value, all time
$5.0 M
Feb 2018 – Jan 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
24
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition72,283 bbl$4,464,240
Casinghead gasProduction177,673 Mcf$536,928
Total$5,001,169

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 31.3212, -103.6684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.32117, -103.66837 · 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
0.0%
0 of 1 wells
Median depth
9,862 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 9,862 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-389364591H9,862 ftFeb 2018Yes

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 (24)

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

24 months

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 20184,1568,56261.443.40$284,439
Sep 20185,80014,39859.543.11$390,081
Aug 201810,67822,40059.403.07$702,964
Jul 20183,29519,93565.142.93$273,083
Jun 20189,70656,55860.183.08$758,132
May 20185,40615,69565.382.90$398,972
Apr 201816,04140,12563.842.90$1,140,452
Mar 201817,201061.222.79$1,053,045
Feb 20180061.782.77$0

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.

Oct 2018 — as filed, then multipliedworked
Oil                4,156 bbl  × $ 61.44 =   $255,345
Casinghead gas     8,562 Mcf  × $  3.40 =    $29,094

────────────────────────────────────────────────────
Month total                                 $284,439

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/50351 is the state's own key, not one this site invented.