REGAN-MCELVAIN

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the WHEAT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7994District 08Field 96742001NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 142 leases and 286 wells, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition55,834 bbl$2,308,868
Casinghead gasProduction319,306 Mcf$1,315,036
Total$3,623,904

58,444 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 (17)

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 31.7198, -103.5880. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

31.71981, -103.58832 · 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
70.6%
12 of 17 wells
With a plug date
35.3%
6 of 17 wells
Median depth
4,328 ft
6 wells filed one
Completion to plug
26.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
1270.6%
A plug date is filed
635.3%
BothOn the schedule and plugged. Neither fact cancels the other.
635.3%
NeitherNo plug date, and not on the schedule.
529.4%

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

Total depth in feet, 6 of 17 wells. Median 4,328 ft, with the middle half between 4,281 and 4,384 ft; the shallowest is 4,069 ft and the deepest 4,408 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 2 of 17 wells, Nov 1979 – Jan 2011. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1979 – Jan 2011
2 of 17 wells; 15 filed none
Plug dates filed
Aug 1980 – Nov 2023
6 of 17 wells; 11 filed none

Last completion to plug: a median of 26.5 years across the 2 wells that filed both dates, with the middle half between 18.6 years and 34.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

17 wells

42-30100934144,297 ftAug 1980Yes
42-3010093564,069 ftNov 2023Yes
42-30100938104,275 ftMar 2022Yes
42-3010093911Yes
42-3010094012Yes
42-3010094216Yes
42-3010101974,358 ftOct 2015Yes
42-301010201Yes
42-301010334Yes
42-3010106915Yes
42-301009368
42-301009379
42-3010094113
42-301010252
42-301010263
42-3010101854,393 ftJan 2011Oct 2021Yes
42-30130230184,408 ftNov 1979Jan 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 (401)

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

401 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 2019182053.472.42$9,732
Sep 2019175055.052.66$9,634
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 2018181046.594.19$8,433
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 2018155063.842.90$9,895
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 2017168045.373.00$7,622
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017187049.413.42$9,240
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016192041.553.10$7,978
Aug 2016199041.442.92$8,247
Jul 2016181041.622.92$7,533
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201502638.792.17$56
Oct 20151766143.552.43$7,813
Sep 2015030442.992.76$839
Aug 201519238140.162.87$8,805
Jul 20151695248.152.95$8,290
Jun 2015059156.152.88$1,704
May 201518552855.212.96$11,774
Apr 2015042349.822.71$1,145
Mar 2015048342.892.93$1,417
Feb 2015058144.662.98$1,729
Jan 201518448143.433.10$9,483
Dec 201418456454.693.59$12,088
Nov 2014024970.464.25$1,059
Oct 201417563878.303.90$16,191
Sep 201417582786.164.05$18,424
Aug 201401,13289.394.04$4,568
Jul 20141721,03096.564.18$20,913
Jun 201416999598.164.74$21,302
May 2014164094.734.73$15,536
Apr 2014032395.944.81$1,553
Mar 201418847395.895.06$20,419
Feb 2014067997.406.19$4,204
Jan 201415945190.404.86$16,566
Dec 20131601,05491.824.35$19,281
Nov 201317051588.853.74$17,030
Oct 20131771,01697.423.78$21,083
Sep 20130931104.113.72$3,461
Aug 2013164401104.253.52$18,510
Jul 20130441102.523.72$1,640
Jun 201317566194.403.93$19,120
May 201317591894.834.15$20,404
Apr 2013071893.964.28$3,075
Mar 20131631,18893.623.91$19,909
Feb 201315787891.233.42$17,326
Jan 201318279391.603.42$19,383
Dec 20121671,09986.773.42$18,249
Nov 2012192086.953.62$16,694
Oct 2012161089.383.40$14,390
Sep 20121801,04694.672.92$20,093
Aug 20121521,00392.662.91$17,001
Jul 20121631,18585.133.02$17,456
Jun 2012090879.822.52$2,287
May 20121681,03991.612.49$17,976
Apr 20121741,020101.652.00$19,724
Mar 2012178849105.052.22$20,585
Feb 2012157883101.102.57$18,142
Jan 201217692498.092.73$19,790
Dec 20111781,02796.873.24$20,570
Nov 201116384395.723.31$18,394
Oct 201101,01884.983.65$3,714
Sep 201116774183.623.99$16,918
Aug 20111611,12483.404.15$18,091
Jul 20111751,12294.144.52$21,543
Jun 20111541,04092.904.64$19,132
May 20111701,13498.134.40$21,677
Apr 20111631,124105.964.33$22,142
Mar 20111801,11896.364.06$21,881
Feb 201117797685.644.18$19,238
Jan 20111671,03686.504.59$19,199
Dec 20101861,02085.734.35$20,380
Nov 20101861,13780.843.80$19,352
Oct 20101621,20578.103.51$16,880
Sep 201017491172.633.98$16,263
Aug 201017997673.684.42$17,502
Jul 201017494372.554.74$17,090
Jun 201017698770.364.91$17,230
May 20101681,00771.124.24$16,213
Apr 20101751,01481.694.12$18,476
Mar 201016599878.394.39$17,314
Feb 201017787673.585.44$17,791
Jan 201001,00574.365.96$5,994
Dec 200933488671.445.48$28,720
Nov 20091641,25674.593.75$16,945
Oct 20091591,59872.544.11$18,102
Sep 20091651,60765.543.06$15,739
Aug 20091611,75167.423.22$16,490
Jul 20091541,72361.133.46$15,383
Jun 20091621,71066.163.90$17,378
May 20091571,81154.743.93$15,704
Apr 20091761,45046.773.59$13,433
Mar 20091881,85142.144.06$15,436
Feb 20091681,29732.814.63$11,521
Jan 200901,05335.865.37$5,656
Dec 20081861,09337.105.98$13,434
Nov 20081801,26855.496.86$18,687
Oct 20081631,50075.246.92$22,647
Sep 20083181,580101.767.88$44,805
Aug 20081791,692114.228.48$34,799
Jul 20081751,482131.0811.39$39,818
Jun 20081771,732131.3313.03$45,818
May 20081721,496123.1711.57$38,500
Apr 20081621,557110.3110.45$34,148
Mar 20081631,728101.909.66$33,309
Feb 20081681,56892.538.77$29,297
Jan 20081521,39590.388.21$25,185
Dec 20071661,23888.337.30$23,703
Nov 20071721,61191.677.29$27,514
Oct 20073231,52382.856.92$37,303
Sep 20071681,84375.846.24$24,249
Aug 20071491,73569.066.39$21,373
Jul 20073151,80970.906.39$33,889
Jun 20071811,76062.007.55$24,507
May 20073511,81958.747.85$34,890
Apr 20071691,52659.617.81$21,985
Mar 20071791,59856.927.30$21,857
Feb 20071761,22855.108.22$19,787
Jan 20071641,48550.306.73$18,239
Dec 20061621,51656.656.92$19,666
Nov 20061541,65254.207.62$20,931
Oct 20061551,74154.906.01$18,980
Sep 20061431,15460.085.04$14,404
Aug 20061531,46968.717.34$21,295
Jul 20061531,41069.376.34$19,557
Jun 20063141,68566.286.38$31,569
May 20061411,54666.016.42$19,240
Apr 20061511,39964.397.36$20,020
Mar 20061571,61956.707.08$20,369
Feb 20061711,06357.597.75$18,087
Jan 20061761,26860.598.93$21,991
Dec 20051571,24354.9413.42$25,301
Nov 200501,34754.6910.59$14,263
Oct 20051521,41758.3413.80$28,416
Sep 20051601,44561.4512.08$27,286
Aug 20051471,65661.519.80$25,266
Jul 20051651,61055.697.84$21,817
Jun 20051571,60152.337.38$20,033
May 20051771,31145.226.65$16,724
Apr 20051761,53549.207.36$19,958
Mar 20051821,53150.377.15$20,121
Feb 20051721,48345.226.31$17,138
Jan 20052971,60943.166.32$22,991
Dec 20041591,28839.866.75$15,033
Nov 20041711,43445.286.33$16,821
Oct 20041801,41649.706.52$18,171
Sep 20041551,44943.245.28$14,359
Aug 20041561,47642.375.55$14,802
Jul 20043081,59238.286.08$21,476
Jun 20041671,47436.106.43$15,511
May 20041511,29537.486.49$14,070
Apr 20041641,58434.475.86$14,933
Mar 20042811,58334.365.53$18,409
Feb 20041651,23532.455.51$12,159
Jan 2004119032.036.30$3,812
Dec 20033281,78230.266.30$21,155
Nov 20031701,75228.804.60$12,947
Oct 20031681,57328.174.76$12,219
Sep 20031661,34526.314.75$10,755
Aug 20033381,29929.765.13$16,722
Jul 20031691,48229.415.17$12,633
Jun 20031701,24528.565.98$12,304
May 20031721,26926.595.97$12,153
Apr 20033161,43526.675.41$16,187
Mar 20033511,40431.146.10$19,489
Feb 20031701,16733.487.93$14,941
Jan 20031661,42230.315.58$12,969
Dec 20021651,46026.914.85$11,527
Nov 20021721,43824.664.14$10,190
Oct 20022921,44326.464.23$13,829
Sep 20021921,36927.443.64$10,245
Aug 20021701,37325.963.16$8,758
Jul 20021911,47924.583.06$9,223
Jun 20021781,52823.733.34$9,325
May 20021631,44824.663.58$9,209
Apr 20021531,00023.653.51$7,131
Mar 200215792522.003.10$6,324
Feb 200217076718.222.38$4,920
Jan 2002083917.172.38$1,993
Dec 20011801,00416.932.36$5,421
Nov 2001097918.072.41$2,355
Oct 20011821,27119.782.53$6,814
Sep 200101,06524.262.25$2,398
Aug 2001349024.873.05$8,680
Jul 2001086823.933.20$2,775
Jun 200118297924.563.82$8,214
May 200101,25525.524.31$5,406
Apr 20013491,30724.685.34$15,587
Mar 20011771,24724.545.38$11,048
Feb 20011811,17327.755.77$11,788
Jan 200116873127.478.40$10,754
Dec 2000092426.889.12$8,429
Nov 20001341,05432.215.66$10,280
Oct 20001751,16631.235.15$11,465
Sep 20001751,04731.875.19$11,008
Aug 2000091329.644.54$4,146
Jul 20001621,09828.534.09$9,112
Jun 20007796829.304.40$6,513
May 20001431,07027.263.68$7,836
Apr 20001821,07924.513.12$7,823
Mar 200018283228.422.86$7,552
Feb 200018475927.622.73$7,151
Jan 200017887125.272.48$6,659
Dec 199918591224.282.42$6,702
Nov 199901,14423.192.43$2,784
Oct 19999159320.982.80$3,572
Sep 19991031,07921.752.62$5,066
Aug 19991051,13119.262.88$5,275
Jul 199918392417.892.37$5,466
Jun 1999094615.942.36$2,235
May 19991291,20215.792.32$4,827
Apr 19991691,16315.102.21$5,120
Mar 19991811,28112.471.84$4,612
Feb 19991731,1999.981.82$3,906
Jan 19991671,41410.381.90$4,420
Dec 19981641,1279.201.77$3,507
Nov 199801,30110.892.19$2,844
Oct 19981701,38012.421.97$4,829
Sep 19981821,34612.592.08$5,095
Aug 19981681,39711.301.91$4,563
Jul 1998941,17411.742.24$3,730
Jun 19981631,17011.242.24$4,450
May 19981071,35112.622.21$4,331
Apr 19981801,31813.042.51$5,649
Mar 19981701,27212.802.31$5,114
Feb 19981851,16013.952.30$5,248
Jan 19982621,42214.702.15$6,916
Dec 19973091,34616.322.41$8,288
Nov 19973701,22718.193.09$10,520
Oct 19971731,30619.253.15$7,444
Sep 19971191,34817.742.95$6,094
Aug 19973321,16117.862.55$8,896
Jul 19973441,29217.582.25$8,951
Jun 19972211,31717.242.26$6,783
May 19973501,17518.972.31$9,352
Apr 19971851,02617.882.08$5,445
Mar 19973061,36818.951.94$8,451
Feb 19973811,23120.492.21$10,522
Jan 19972681,23623.483.54$10,668
Dec 19963631,56323.32$8,465
Nov 19963631,35721.97$7,975
Oct 19963411,37323.31$7,949
Sep 19963512,23922.22$7,799
Aug 19963632,50420.26$7,354
Jul 19963652,32419.55$7,136
Jun 19963451,28118.73$6,462
May 19963621,46919.43$7,034
Apr 19963471,38321.51$7,464
Mar 19963521,36219.38$6,822
Feb 19961881,16316.98$3,192
Jan 19963511,18217.07$5,992
Dec 19953781,13517.19$6,498
Nov 19953771,04016.00$6,032
Oct 19951851,10115.43$2,855
Sep 199536497216.18$5,890
Aug 19953641,02715.92$5,795
Jul 19953641,06415.24$5,547
Jun 199536863716.41$6,039
May 199537381217.56$6,550
Apr 19953681,23617.73$6,525
Mar 19953551,32816.44$5,836
Feb 199537774316.58$6,251
Jan 199537581015.92$5,970
Dec 199418960115.03$2,841
Nov 199436697515.90$5,819
Oct 199436594915.58$5,687
Sep 199418572115.29$2,829
Aug 19943471,57216.13$5,597
Jul 19943581,85017.56$6,286
Jun 19943591,32217.09$6,135
May 19943661,14615.88$5,812
Apr 19943451,10714.14$4,878
Mar 199436376412.46$4,523
Feb 199436466712.50$4,550
Jan 19945461,16112.66$6,912
Dec 19935501,20012.33$6,782
Nov 19931781,20014.49$2,579
Oct 19935611,29015.85$8,892
Sep 19933631,26515.03$5,456
Aug 19933671,44815.66$5,747
Jul 199336197415.46$5,581
Jun 19933651,51816.79$6,128
May 19933661,14817.68$6,471
Apr 19934621,33218.05$8,339
Mar 19933671,08218.14$6,657
Feb 199337369517.90$6,677
Jan 19933691,35216.93$6,247

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 2019 — as filed, then multipliedworked
Oil                  182 bbl  × $ 53.47 =     $9,732
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $9,732

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/7994 is the state's own key, not one this site invented.