MineralRecord
Log inSign up

BRUCE AND BAR

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the FLYING DOVE (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50943District 08Field 31734500OilCasinghead gasSaveExport
Value, all time
$14.9 M
Feb 2018 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
100
no gaps in the span
Streams
2
oil, casinghead gas

The FLYING DOVE (MISS.) 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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1991-09-13
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-07-01.

The Commission's schedule remark for this field reads: “PSUEDO RULES IMPLEMENTED FOR HORIZONTAL WELLS.”

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
OilDisposition222,024 bbl$14,525,639
Casinghead gasProduction98,423 Mcf$351,170
Total$14,876,810

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 32.0772, -103.0233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.07724, -103.02329 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,725 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
00.0%
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.
2100.0%

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 10,285 and 11,164 ft, median 10,725 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2018 – Sep 2018
2 of 2 wells

2 wells

42-495341253H11,164 ftSep 2018——
42-495339072H10,285 ftFeb 2018——

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 (100)

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

100 months

May 20261,6590106.413.05$176,534
Apr 20261,486098.932.87$147,010
Mar 20261,469089.753.15$131,843
Feb 20261,672063.503.75$106,172
Jan 20261,678059.138.00$99,220
Dec 20251,313056.664.41$74,395
Nov 20251,323058.593.93$77,515
Oct 20251,951059.383.30$115,850
Sep 20251,467062.743.08$92,040
Aug 20251,498063.933.01$95,767
Jul 20251,676066.743.32$111,856
Jun 20251,333066.483.13$88,618
May 20251,864060.553.23$112,865
Apr 20251,476062.363.54$92,043
Mar 20251,661067.704.27$112,450
Feb 20251,850070.884.34$131,128
Jan 20251,896074.324.28$140,911
Dec 20241,492068.993.12$102,933
Nov 20242,039069.052.20$140,793
Oct 20241,277071.372.28$91,139
Sep 20242,361069.612.36$164,349
Aug 20241,429075.632.06$108,075
Jul 20241,860079.932.15$148,670
Jun 20241,859078.082.63$145,151
May 20241,83235278.812.20$145,154
Apr 20241,5261,58584.451.66$131,501
Mar 20242,0131,68680.301.55$164,249
Feb 20241,8391,50576.091.78$142,614
Jan 20242,0241,73373.023.30$153,507
Dec 20231,8811,69971.262.61$138,476
Nov 20232,4531,70277.892.81$195,843
Oct 20231,6931,07885.443.09$147,978
Sep 20232,2471,89989.042.74$205,267
Aug 20231,12879880.522.67$92,960
Jul 20232,0542,18674.852.64$159,517
Jun 20231,6752,04468.962.26$120,124
May 20232,2291,84670.622.23$161,524
Apr 20231,7041,71478.122.24$136,952
Mar 20232,5571,73272.852.39$190,422
Feb 20231,8421,55275.112.47$142,179
Jan 20232,4211,99476.533.39$192,034
Dec 20222,0151,62276.415.73$163,259
Nov 20222,2691,88085.005.65$203,480
Oct 20221,8301,85487.185.86$170,411
Sep 20222,5301,82384.888.16$229,629
Aug 20222,3932,27594.529.13$246,951
Jul 20221,8072,538101.587.54$202,697
Jun 20222,3572,926115.097.98$294,608
May 20221,7752,524109.378.43$215,417
Apr 20222,2612,819104.226.84$254,917
Mar 20222,8370108.885.08$308,893
Feb 20222,608091.054.86$237,458
Jan 20222,608081.844.54$213,439
Dec 20212,085071.323.90$148,702
Nov 20212,301077.435.24$178,166
Oct 20212,758079.795.71$220,061
Sep 20212,439069.865.35$170,389
Aug 20212,782066.024.22$183,668
Jul 20212,6802,17470.783.98$198,347
Jun 20212,8063,05869.493.38$205,327
May 20212,8253,12163.483.02$188,749
Apr 20212,7493,32660.362.76$175,104
Mar 20213,8222,24961.302.72$240,399
Feb 20211,544057.805.55$89,243
Jan 20212,691050.412.81$135,653
Dec 20202,919244.642.68$130,310
Nov 20202,221038.772.71$86,108
Oct 20202,88112236.972.48$106,813
Sep 20202,8622,40937.091.99$110,948
Aug 20201,9151,29039.982.39$79,638
Jul 20202,7071,95338.371.83$107,432
Jun 20202,5431,80234.901.69$91,797
May 20203,1062,30716.921.81$56,740
Apr 20202,02790214.751.80$31,526
Mar 20202,9661,36430.341.86$92,520
Feb 20202,5972,02249.881.98$133,543
Jan 20202,7761,45057.252.09$161,963
Dec 20193,1251,92359.012.30$188,838
Nov 20193,1291,19355.302.75$176,315
Oct 20193,6311,54253.472.42$197,879
Sep 20193,06797955.052.66$171,440
Aug 20193,07849053.112.30$164,602
Jul 20192,73183556.272.46$155,728
Jun 20193,0991,34252.782.49$166,908
May 20192,9302,05258.482.74$176,970
Apr 20193,4721,20762.632.75$220,771
Mar 20192,6111,66956.803.06$153,415
Feb 20193,5111,38050.852.79$182,388
Jan 20194,8062,21946.033.23$228,384
Dec 2018533046.594.19$24,832
Nov 20183,36146552.934.24$179,868
Oct 20184,09164861.443.40$253,553
Sep 20182,8985059.543.11$172,702
Aug 20181,09486959.403.07$67,648
Jul 20181,09484265.142.93$73,732
Jun 20181,65088160.183.08$102,008
May 20181,28992065.382.90$86,944
Apr 20182,017063.842.90$128,765
Mar 2018910061.222.79$55,710
Feb 2018898061.782.77$55,478

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 2026 — as filed, then multipliedworked
Oil                1,659 bbl  × $106.41 =   $176,534
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $176,534

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/50943 is the state's own key, not one this site invented.