LOVING ESTATE

Operated by BRIGHTMAN FAMILY TRUST (P-5 93230) in the BRYSON, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11587District 09Field 12800001OilCasinghead gasSaveExport
Value, all time
$176 k
Jan 1993 – Aug 1996
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
44
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 174 leases and 413 wells, and the rule below applies to all of them.

Discovered
1915-12-31
as the register files it
Field class
Oil and gas
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.

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
OilDisposition10,854 bbl$175,509
Casinghead gasProduction19 Mcf$0
Total$175,509

19 Mcf of this lease's gas, across 19 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 (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 33.2377, -98.4149. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23769, -98.41489 · 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
100.0%
1 of 1 wells
Median depth
3,360 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
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 3,360 ft.

Plug dates filed
Jun 1996
1 of 1 wells

1 well

42-2370240323,360 ftJun 1996Yes

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 (44)

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

44 months

Aug 199614020.26$284
Jul 1996114019.55$2,229
Jun 19960018.73$0
May 1996248019.43$4,819
Apr 1996167021.51$3,592
Mar 1996178019.38$3,450
Feb 1996313016.98$5,315
Jan 1996125017.07$2,134
Dec 1995263017.19$4,521
Nov 1995181016.00$2,896
Oct 1995184015.43$2,839
Sep 1995182016.18$2,945
Aug 1995203015.92$3,232
Jul 1995128015.24$1,951
Jun 1995240016.41$3,938
May 1995179017.56$3,143
Apr 1995207017.73$3,670
Mar 1995170016.44$2,795
Feb 1995131016.58$2,172
Jan 1995240015.92$3,821
Dec 1994379015.03$5,696
Nov 1994131015.90$2,083
Oct 1994281015.58$4,378
Sep 1994203015.29$3,104
Aug 1994296016.13$4,774
Jul 1994234117.56$4,109
Jun 1994281117.09$4,802
May 1994257115.88$4,081
Apr 1994369114.14$5,218
Mar 1994255112.46$3,177
Feb 1994256112.50$3,200
Jan 1994383112.66$4,849
Dec 1993308112.33$3,798
Nov 1993236114.49$3,420
Oct 1993250115.85$3,963
Sep 1993502115.03$7,545
Aug 1993329115.66$5,152
Jul 1993240115.46$3,710
Jun 1993280116.79$4,701
May 1993424117.68$7,496
Apr 1993462118.05$8,339
Mar 1993293118.14$5,315
Feb 1993371117.90$6,641
Jan 1993367116.93$6,213

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.

Aug 1996 — as filed, then multipliedworked
Oil                   14 bbl  × $ 20.26 =       $284
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $284

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. 09/O/11587 is the state's own key, not one this site invented.