METHODIST HOME

Operated by BUD OIL, INC. (P-5 106343) in the ALVORD (ATOKA CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12428District 09Field 02143071OilCasinghead gasSaveExport
Value, all time
$564 k
Jan 1993 – Apr 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
376
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 207 leases and 257 wells, and the rule below applies to all of them.

Discovered
1954-09-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: OF 80 AC./ DIVIDED BY 80 AC.

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
OilDisposition5,900 bbl$227,484
Casinghead gasProduction101,317 Mcf$336,796
Total$564,280

23,988 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 (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 33.3512, -97.8807. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.35116, -97.88072 · 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
5,891 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 5,891 ft.

Completions filed
Feb 2023
1 of 1 wells

1 well

42-497008981 L5,891 ftFeb 2023Yes

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 (376)

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

376 months

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 202306176.533.39$207
Dec 202206176.415.73$349
Nov 202206085.005.65$339
Oct 2022356387.185.86$3,421
Sep 202205984.888.16$482
Aug 202206194.529.13$557
Jul 2022060101.587.54$453
Jun 2022062115.097.98$495
May 2022065109.378.43$548
Apr 2022062104.226.84$424
Mar 2022062108.885.08$315
Feb 202206291.054.86$301
Jan 202206981.844.54$313
Dec 202107471.323.90$289
Nov 202106677.435.24$346
Oct 202105479.795.71$309
Sep 202105269.865.35$278
Aug 202107566.024.22$317
Jul 202107370.783.98$291
Jun 202106969.493.38$233
May 202107163.483.02$214
Apr 202106860.362.76$188
Mar 2021637661.302.72$4,068
Feb 202105957.805.55$327
Jan 202106350.412.81$177
Dec 202006544.642.68$174
Nov 202006338.772.71$171
Oct 202005936.972.48$146
Sep 202007037.091.99$139
Aug 202007439.982.39$177
Jul 202007038.371.83$128
Jun 202003634.901.69$61
May 202007116.921.81$129
Apr 202006714.751.80$121
Mar 202007330.341.86$136
Feb 202006649.881.98$131
Jan 202007157.252.09$149
Dec 201907359.012.30$168
Nov 201907055.302.75$193
Oct 2019657353.472.42$3,652
Sep 201907855.052.66$207
Aug 201907653.112.30$175
Jul 201907556.272.46$185
Jun 201907352.782.49$182
May 201906258.482.74$170
Apr 201909162.632.75$250
Mar 201907956.803.06$242
Feb 201907050.852.79$195
Jan 201907746.033.23$249
Dec 201807746.594.19$322
Nov 201807552.934.24$318
Oct 201808061.443.40$272
Sep 201807859.543.11$242
Aug 201807859.403.07$239
Jul 201808165.142.93$237
Jun 201807760.183.08$237
May 201807365.382.90$212
Apr 201808563.842.90$247
Mar 2018649661.222.79$4,186
Feb 201807861.782.77$216
Jan 201808562.874.01$341
Dec 201708657.272.92$251
Nov 201709155.423.12$284
Oct 201709649.292.98$286
Sep 201709347.523.09$287
Aug 201709745.373.00$291
Jul 2017010543.873.09$324
Jun 2017011742.493.09$361
May 2017011745.373.26$382
Apr 2017013347.933.21$427
Mar 2017016446.772.98$489
Feb 2017014450.452.95$425
Jan 2017015349.413.42$523
Dec 20166313948.763.72$3,589
Nov 2016011842.492.64$312
Oct 2016012246.193.09$377
Sep 2016010441.553.10$322
Aug 201609141.442.92$266
Jul 201606541.622.92$190
Jun 201605145.352.69$137
May 201603842.521.99$76
Apr 201603136.561.99$62
Mar 201604233.011.79$75
Feb 201604826.472.06$99
Jan 201605327.352.36$125
Dec 201506132.362.00$122
Nov 201508538.792.17$184
Oct 201509243.552.43$223
Sep 2015648442.992.76$2,983
Aug 2015010340.162.87$296
Jul 201509848.152.95$289
Jun 201508856.152.88$254
May 201508655.212.96$254
Apr 201506549.822.71$176
Mar 201506242.892.93$182
Feb 201505444.662.98$161
Jan 201506343.433.10$195
Dec 201408054.693.59$287
Nov 201408370.464.25$353
Oct 201408478.303.90$328
Sep 201408186.164.05$328
Aug 2014020689.394.04$831
Jul 20146625096.564.18$7,418
Jun 2014025398.164.74$1,198
May 2014024794.734.73$1,167
Apr 2014020495.944.81$981
Mar 20146523795.895.06$7,431
Feb 2014020397.406.19$1,257
Jan 2014024490.404.86$1,186
Dec 2013017391.824.35$753
Nov 2013020388.853.74$759
Oct 2013025197.423.78$949
Sep 201365248104.113.72$7,689
Aug 20130255104.253.52$898
Jul 20130259102.523.72$963
Jun 2013024394.403.93$956
May 20136526894.834.15$7,276
Apr 2013025393.964.28$1,084
Mar 2013024693.623.91$963
Feb 2013022191.233.42$756
Jan 20136624691.603.42$6,887
Dec 2012024986.773.42$852
Nov 2012024186.953.62$874
Oct 2012025289.383.40$857
Sep 2012023694.672.92$689
Aug 20126421292.662.91$6,547
Jul 2012022285.133.02$671
Jun 2012027479.822.52$690
May 2012028591.612.49$709
Apr 20120279101.652.00$557
Mar 201268291105.052.22$7,790
Feb 20120263101.102.57$676
Jan 2012026798.092.73$730
Dec 20116626496.873.24$7,249
Nov 2011027095.723.31$894
Oct 2011027984.983.65$1,018
Sep 2011026683.623.99$1,060
Aug 2011023583.404.15$975
Jul 20116325294.144.52$7,069
Jun 2011025092.904.64$1,160
May 2011026298.134.40$1,154
Apr 20110266105.964.33$1,153
Mar 2011026996.364.06$1,091
Feb 2011018985.644.18$790
Jan 20116526086.504.59$6,816
Dec 2010025285.734.35$1,096
Nov 2010026580.843.80$1,006
Oct 2010026378.103.51$923
Sep 20106626172.633.98$5,832
Aug 2010026873.684.42$1,184
Jul 2010026972.554.74$1,274
Jun 2010026370.364.91$1,291
May 2010027371.124.24$1,156
Apr 20106326381.694.12$6,231
Mar 2010027078.394.39$1,185
Feb 2010024873.585.44$1,350
Jan 2010027174.365.96$1,616
Dec 2009027871.445.48$1,524
Nov 20096625874.593.75$5,891
Oct 2009027472.544.11$1,126
Sep 2009024365.543.06$745
Aug 2009028767.423.22$924
Jul 2009028761.133.46$994
Jun 20096528266.163.90$5,399
May 2009030254.743.93$1,186
Apr 2009026846.773.59$961
Mar 2009025242.144.06$1,023
Feb 2009025632.814.63$1,186
Jan 20096826235.865.37$3,846
Dec 2008029337.105.98$1,751
Nov 2008030055.496.86$2,058
Oct 2008020075.246.92$1,384
Sep 20080149101.767.88$1,174
Aug 200867248114.228.48$9,757
Jul 20080233131.0811.39$2,654
Jun 20080235131.3313.03$3,063
May 20080247123.1711.57$2,859
Apr 20080241110.3110.45$2,520
Mar 20080243101.909.66$2,348
Feb 20087022592.538.77$8,450
Jan 2008023590.388.21$1,928
Dec 2007023688.337.30$1,723
Nov 2007022291.677.29$1,619
Oct 2007025782.856.92$1,779
Sep 2007023875.846.24$1,486
Aug 2007024769.066.39$1,578
Jul 20076625570.906.39$6,308
Jun 2007024462.007.55$1,842
May 2007025658.747.85$2,009
Apr 2007024459.617.81$1,904
Mar 2007027056.927.30$1,972
Feb 2007021155.108.22$1,734
Jan 2007012350.306.73$827
Dec 20066313456.656.92$4,496
Nov 2006021554.207.62$1,638
Oct 2006023954.906.01$1,437
Sep 2006023660.085.04$1,189
Aug 20066524568.717.34$6,264
Jul 2006024169.376.34$1,529
Jun 2006024066.286.38$1,532
May 2006025066.016.42$1,606
Apr 20066522164.397.36$5,812
Mar 2006022556.707.08$1,594
Feb 2006022157.597.75$1,713
Jan 2006030160.598.93$2,689
Dec 20056521654.9413.42$6,469
Nov 2005029854.6910.59$3,155
Oct 2005028458.3413.80$3,918
Sep 2005028061.4512.08$3,382
Aug 20056330061.519.80$6,814
Jul 2005030555.697.84$2,392
Jun 2005029352.337.38$2,163
May 2005029645.226.65$1,969
Apr 20056529349.207.36$5,355
Mar 2005032250.377.15$2,304
Feb 2005026645.226.31$1,679
Jan 2005029743.166.32$1,878
Dec 20046522339.866.75$4,096
Nov 2004024345.286.33$1,538
Oct 2004019549.706.52$1,270
Sep 2004029043.245.28$1,532
Aug 2004031442.375.55$1,743
Jul 20046732238.286.08$4,524
Jun 2004028236.106.43$1,814
May 2004030737.486.49$1,994
Apr 2004030434.475.86$1,781
Mar 20046731234.365.53$4,028
Feb 2004026632.455.51$1,466
Jan 2004029832.036.30$1,877
Dec 2003029830.266.30$1,878
Nov 20036830928.804.60$3,378
Oct 2003033428.174.76$1,590
Sep 2003033426.314.75$1,586
Aug 2003035029.765.13$1,795
Jul 20036840129.415.17$4,073
Jun 2003038528.565.98$2,303
May 2003040326.595.97$2,407
Apr 20036639026.675.41$3,869
Mar 2003037431.146.10$2,280
Feb 2003032933.487.93$2,608
Jan 20037037130.315.58$4,193
Dec 2002038026.914.85$1,844
Nov 2002037724.664.14$1,560
Oct 20026440926.464.23$3,423
Sep 2002040927.443.64$1,487
Aug 2002045025.963.16$1,424
Jul 20026744824.583.06$3,019
Jun 2002035923.733.34$1,198
May 2002040524.663.58$1,452
Apr 20026732523.653.51$2,726
Mar 2002037422.003.10$1,160
Feb 2002041218.222.38$979
Jan 2002038517.172.38$915
Dec 20016641216.932.36$2,092
Nov 2001040218.072.41$967
Oct 2001043719.782.53$1,105
Sep 20016542324.262.25$2,529
Aug 2001030924.873.05$943
Jul 2001042123.933.20$1,346
Jun 2001042924.563.82$1,641
May 20016542725.524.31$3,498
Apr 2001038024.685.34$2,027
Mar 2001037024.545.38$1,989
Feb 2001026627.755.77$1,534
Jan 20016835627.478.40$4,858
Dec 2000048726.889.12$4,443
Nov 2000047932.215.66$2,710
Oct 20006650731.235.15$4,670
Sep 2000049331.875.19$2,557
Aug 20006751429.644.54$4,320
Jul 2000051928.534.09$2,123
Jun 20006750429.304.40$4,179
May 2000050827.263.68$1,869
Apr 2000050224.513.12$1,564
Mar 20006851628.422.86$3,408
Feb 2000048327.622.73$1,317
Jan 20006651825.272.48$2,953
Dec 1999052224.282.42$1,265
Nov 19996851823.192.43$2,838
Oct 1999054820.982.80$1,536
Sep 19996754521.752.62$2,885
Aug 1999048919.262.88$1,406
Jul 19996548917.892.37$2,323
Jun 1999049615.942.36$1,172
May 19996655315.792.32$2,326
Apr 1999054915.102.21$1,212
Mar 19996958312.471.84$1,932
Feb 199904669.981.82$847
Jan 19996558610.381.90$1,788
Dec 199804129.201.77$731
Nov 1998043210.892.19$944
Oct 19986650412.421.97$1,812
Sep 1998045112.592.08$939
Aug 1998044511.301.91$849
Jul 19984640311.742.24$1,442
Jun 19986638311.242.24$1,599
May 1998043912.622.21$969
Apr 1998043413.042.51$1,087
Mar 19986652712.802.31$2,062
Feb 19986556613.952.30$2,208
Jan 1998029514.702.15$636
Dec 1997034016.322.41$820
Nov 19976437218.193.09$2,313
Oct 1997047819.253.15$1,506
Sep 19976853017.742.95$2,772
Aug 1997054617.862.55$1,395
Jul 19976650217.582.25$2,288
Jun 1997042317.242.26$955
May 19976850418.972.31$2,453
Apr 1997048617.882.08$1,012
Mar 19976850518.951.94$2,268
Feb 1997047520.492.21$1,048
Jan 19976955723.483.54$3,592
Dec 1996050323.32$0
Nov 19966946721.97$1,516
Oct 1996043523.31$0
Sep 19966643922.22$1,467
Aug 1996046120.26$0
Jul 1996046019.55$0
Jun 19966540718.73$1,217
May 1996046919.43$0
Apr 19966738321.51$1,441
Mar 1996051519.38$0
Feb 19966847816.98$1,155
Jan 1996052717.07$0
Dec 19956851717.19$1,169
Nov 1995049616.00$0
Oct 19956753315.43$1,034
Sep 1995055316.18$0
Aug 19956856815.92$1,083
Jul 1995055015.24$0
Jun 19956852416.41$1,116
May 1995060517.56$0
Apr 19956655417.73$1,170
Mar 1995053616.44$0
Feb 19956847516.58$1,127
Jan 19956860515.92$1,083
Dec 1994059115.03$0
Nov 1994040915.90$0
Oct 19946845315.58$1,059
Sep 1994047415.29$0
Aug 19946851616.13$1,097
Jul 1994067817.56$0
Jun 19946266817.09$1,060
May 1994046415.88$0
Apr 19946546714.14$919
Mar 1994044812.46$0
Feb 19946842112.50$850
Jan 1994048112.66$0
Dec 19936447512.33$789
Nov 1993049914.49$0
Oct 19936551315.85$1,030
Sep 1993047915.03$0
Aug 19936748815.66$1,049
Jul 1993057615.46$0
Jun 19936651716.79$1,108
May 19936647517.68$1,167
Apr 1993049318.05$0
Mar 199313048118.14$2,358
Feb 1993042917.90$0
Jan 1993043316.93$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.

Jan 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 76.53 =         $0
Casinghead gas        61 Mcf  × $  3.39 =       $207

────────────────────────────────────────────────────
Month total                                     $207

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/12428 is the state's own key, not one this site invented.