METHODIST HOME

Operated by BUD OIL, INC. (P-5 106343) in the CHICO, WEST (CONGLOMERATE 5700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12447District 09Field 17634462OilCasinghead gasSaveExport
Value, all time
$923 k
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 193 leases and 233 wells, and the rule below applies to all of them.

Discovered
1957-01-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

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

The Commission's schedule remark for this field reads: DGL 1000 MCF

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
OilDisposition9,616 bbl$371,054
Casinghead gasProduction166,155 Mcf$551,648
Total$922,701

39,139 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 (3)

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 33.3534, -97.8799. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.35306, -97.87949 · 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 3 wells
With a plug date
0.0%
0 of 3 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
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.
3100.0%

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 3 wells; 2 filed none

3 wells

42-497000482
42-497000493
42-497008981 U5,891 ftFeb 2023

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 202309277.892.81$258
Oct 202309685.443.09$296
Sep 202309489.042.74$257
Aug 2023010080.522.67$267
Jul 202307074.852.64$185
Jun 202307768.962.26$174
May 202308670.622.23$192
Apr 202308978.122.24$199
Mar 2023010472.852.39$249
Feb 202308875.112.47$217
Jan 2023010076.533.39$339
Dec 2022010076.415.73$573
Nov 202209985.005.65$559
Oct 20225610287.185.86$5,480
Sep 202209784.888.16$792
Aug 2022010094.529.13$913
Jul 2022099101.587.54$747
Jun 20220100115.097.98$798
May 20220107109.378.43$902
Apr 20220102104.226.84$697
Mar 20220100108.885.08$508
Feb 2022010191.054.86$491
Jan 2022011281.844.54$508
Dec 2021012171.323.90$472
Nov 2021010977.435.24$571
Oct 202108879.795.71$503
Sep 202108569.865.35$455
Aug 2021012366.024.22$519
Jul 2021011970.783.98$474
Jun 2021011269.493.38$379
May 2021011763.483.02$353
Apr 2021011260.362.76$309
Mar 202110212561.302.72$6,592
Feb 202109557.805.55$527
Jan 2021010250.412.81$287
Dec 2020010644.642.68$284
Nov 2020010438.772.71$281
Oct 202009736.972.48$240
Sep 2020011437.091.99$227
Aug 2020012239.982.39$291
Jul 2020011438.371.83$208
Jun 202005834.901.69$98
May 2020011516.921.81$209
Apr 2020010914.751.80$197
Mar 2020011930.341.86$221
Feb 2020010749.881.98$212
Jan 2020011657.252.09$243
Dec 2019011959.012.30$274
Nov 2019011455.302.75$314
Oct 201910612053.472.42$5,958
Sep 2019012655.052.66$335
Aug 2019012453.112.30$286
Jul 2019012256.272.46$300
Jun 2019011852.782.49$294
May 2019010258.482.74$280
Apr 2019011262.632.75$308
Mar 2019013056.803.06$398
Feb 2019011450.852.79$318
Jan 2019012546.033.23$404
Dec 2018012646.594.19$527
Nov 2018012252.934.24$517
Oct 2018013161.443.40$445
Sep 2018012659.543.11$392
Aug 2018012759.403.07$389
Jul 2018013165.142.93$384
Jun 2018012560.183.08$385
May 2018011865.382.90$342
Apr 2018014063.842.90$406
Mar 201810515661.222.79$6,863
Feb 2018012661.782.77$349
Jan 2018013962.874.01$557
Dec 2017014157.272.92$412
Nov 2017014955.423.12$465
Oct 2017015649.292.98$465
Sep 2017015347.523.09$472
Aug 2017015945.373.00$478
Jul 2017017143.873.09$528
Jun 2017019242.493.09$593
May 2017019245.373.26$627
Apr 2017021847.933.21$700
Mar 2017026746.772.98$797
Feb 2017023550.452.95$694
Jan 2017024949.413.42$851
Dec 201610422648.763.72$5,912
Nov 2016019242.492.64$508
Oct 2016019846.193.09$612
Sep 2016017041.553.10$527
Aug 2016014941.442.92$436
Jul 2016010741.622.92$313
Jun 201608445.352.69$226
May 201606342.521.99$125
Apr 201605036.561.99$100
Mar 201606933.011.79$124
Feb 201607826.472.06$161
Jan 201608727.352.36$206
Dec 201509932.362.00$198
Nov 2015013838.792.17$299
Oct 2015015043.552.43$364
Sep 201510413642.992.76$4,846
Aug 2015016740.162.87$480
Jul 2015016048.152.95$471
Jun 2015014456.152.88$415
May 2015014155.212.96$417
Apr 2015010749.822.71$290
Mar 2015010042.892.93$293
Feb 201508944.662.98$265
Jan 2015010343.433.10$319
Dec 2014013154.693.59$470
Nov 2014013570.464.25$574
Oct 2014013678.303.90$531
Sep 2014013386.164.05$538
Aug 2014033589.394.04$1,352
Jul 201410740996.564.18$12,041
Jun 2014041298.164.74$1,952
May 2014040394.734.73$1,905
Apr 2014033395.944.81$1,601
Mar 201410738695.895.06$12,212
Feb 2014033097.406.19$2,043
Jan 2014039990.404.86$1,939
Dec 2013028191.824.35$1,224
Nov 2013033288.853.74$1,241
Oct 2013041097.423.78$1,550
Sep 2013105405104.113.72$12,437
Aug 20130417104.253.52$1,469
Jul 20130423102.523.72$1,573
Jun 2013039794.403.93$1,562
May 201310643694.834.15$11,861
Apr 2013041293.964.28$1,764
Mar 2013040293.623.91$1,573
Feb 2013036091.233.42$1,231
Jan 201310740191.603.42$11,173
Dec 2012040786.773.42$1,392
Nov 2012039386.953.62$1,425
Oct 2012041189.383.40$1,397
Sep 2012038694.672.92$1,127
Aug 201210534592.662.91$10,733
Jul 2012036285.133.02$1,094
Jun 2012044679.822.52$1,123
May 2012046591.612.49$1,157
Apr 20120455101.652.00$909
Mar 2012112476105.052.22$12,823
Feb 20120428101.102.57$1,100
Jan 2012043698.092.73$1,192
Dec 201110843196.873.24$11,858
Nov 2011044095.723.31$1,457
Oct 2011045484.983.65$1,656
Sep 2011043483.623.99$1,730
Aug 2011038383.404.15$1,589
Jul 201110441294.144.52$11,652
Jun 2011040992.904.64$1,898
May 2011042898.134.40$1,885
Apr 20110435105.964.33$1,885
Mar 2011043996.364.06$1,781
Feb 2011030985.644.18$1,292
Jan 201110742386.504.59$11,197
Dec 2010041285.734.35$1,791
Nov 2010043280.843.80$1,640
Oct 2010042978.103.51$1,505
Sep 201010742572.633.98$9,463
Aug 2010043773.684.42$1,931
Jul 2010044072.554.74$2,084
Jun 2010043070.364.91$2,111
May 2010044671.124.24$1,889
Apr 201010342981.694.12$10,183
Mar 2010044078.394.39$1,931
Feb 2010040473.585.44$2,199
Jan 2010044174.365.96$2,630
Dec 2009045371.445.48$2,484
Nov 200910842274.593.75$9,639
Oct 2009044672.544.11$1,833
Sep 2009039765.543.06$1,217
Aug 2009046967.423.22$1,509
Jul 2009046861.133.46$1,621
Jun 200910746166.163.90$8,875
May 2009049254.743.93$1,931
Apr 2009043746.773.59$1,568
Mar 2009041142.144.06$1,668
Feb 2009041732.814.63$1,932
Jan 200911042735.865.37$6,238
Dec 2008047837.105.98$2,857
Nov 2008048955.496.86$3,355
Oct 2008032775.246.92$2,263
Sep 20080243101.767.88$1,914
Aug 2008108405114.228.48$15,771
Jul 20080381131.0811.39$4,339
Jun 20080384131.3313.03$5,005
May 20080402123.1711.57$4,653
Apr 20080394110.3110.45$4,119
Mar 20080397101.909.66$3,837
Feb 200811536792.538.77$13,860
Jan 2008038490.388.21$3,151
Dec 2007038488.337.30$2,804
Nov 2007036391.677.29$2,647
Oct 2007041982.856.92$2,900
Sep 2007038875.846.24$2,423
Aug 2007040269.066.39$2,568
Jul 200710741670.906.39$10,244
Jun 2007039762.007.55$2,997
May 2007041758.747.85$3,272
Apr 2007039859.617.81$3,106
Mar 2007044156.927.30$3,220
Feb 2007034455.108.22$2,826
Jan 2007020150.306.73$1,352
Dec 200610421856.656.92$7,400
Nov 2006035154.207.62$2,674
Oct 2006038954.906.01$2,339
Sep 2006038460.085.04$1,934
Aug 200610540168.717.34$10,158
Jul 2006039469.376.34$2,499
Jun 2006039266.286.38$2,502
May 2006040766.016.42$2,615
Apr 200610736064.397.36$9,540
Mar 2006036756.707.08$2,599
Feb 2006036057.597.75$2,790
Jan 2006049160.598.93$4,386
Dec 200510635254.9413.42$10,546
Nov 2005048654.6910.59$5,146
Oct 2005046358.3413.80$6,387
Sep 2005045661.4512.08$5,508
Aug 200510248961.519.80$11,065
Jul 2005049855.697.84$3,906
Jun 2005047852.337.38$3,528
May 2005048245.226.65$3,206
Apr 200510647949.207.36$8,741
Mar 2005052550.377.15$3,756
Feb 2005043545.226.31$2,746
Jan 2005048543.166.32$3,066
Dec 200410636439.866.75$6,683
Nov 2004039745.286.33$2,513
Oct 2004031949.706.52$2,078
Sep 2004047243.245.28$2,494
Aug 2004051242.375.55$2,842
Jul 200411052638.286.08$7,411
Jun 2004046136.106.43$2,966
May 2004050237.486.49$3,260
Apr 2004049534.475.86$2,900
Mar 200410950834.365.53$6,555
Feb 2004043432.455.51$2,391
Jan 2004048632.036.30$3,062
Dec 2003048630.266.30$3,063
Nov 200311150328.804.60$5,508
Oct 2003054628.174.76$2,599
Sep 2003054426.314.75$2,584
Aug 2003057129.765.13$2,929
Jul 200311265429.415.17$6,676
Jun 2003062728.565.98$3,751
May 2003065826.595.97$3,930
Apr 200310763626.675.41$6,293
Mar 2003061031.146.10$3,719
Feb 2003053633.487.93$4,248
Jan 200311460430.315.58$6,827
Dec 2002062026.914.85$3,009
Nov 2002061624.664.14$2,548
Oct 200210566726.464.23$5,599
Sep 2002066627.443.64$2,421
Aug 2002073325.963.16$2,319
Jul 200211073124.583.06$4,942
Jun 2002058523.733.34$1,953
May 2002066224.663.58$2,373
Apr 200211053023.653.51$4,463
Mar 2002061122.003.10$1,896
Feb 2002067218.222.38$1,596
Jan 2002062917.172.38$1,494
Dec 200110767216.932.36$3,400
Nov 2001065618.072.41$1,578
Oct 2001071219.782.53$1,801
Sep 200110669024.262.25$4,125
Aug 2001050524.873.05$1,542
Jul 2001068823.933.20$2,200
Jun 2001069924.563.82$2,673
May 200110669625.524.31$5,703
Apr 2001062024.685.34$3,308
Mar 2001060324.545.38$3,242
Feb 2001043427.755.77$2,503
Jan 200111258127.478.40$7,956
Dec 2000079526.889.12$7,252
Nov 2000078232.215.66$4,425
Oct 200010882631.235.15$7,623
Sep 2000080431.875.19$4,170
Aug 200010883929.644.54$7,011
Jul 2000084828.534.09$3,468
Jun 200010982129.304.40$6,804
May 2000082827.263.68$3,047
Apr 2000081924.513.12$2,552
Mar 200011184228.422.86$5,563
Feb 2000078727.622.73$2,146
Jan 200010784625.272.48$4,802
Dec 1999085124.282.42$2,063
Nov 199911284423.192.43$4,652
Oct 1999089320.982.80$2,504
Sep 199911088921.752.62$4,721
Aug 1999079819.262.88$2,295
Jul 199910579817.892.37$3,772
Jun 1999080915.942.36$1,911
May 199910890115.792.32$3,797
Apr 1999089615.102.21$1,978
Mar 199911295112.471.84$3,145
Feb 199907619.981.82$1,383
Jan 199910695710.381.90$2,919
Dec 199806739.201.77$1,193
Nov 1998070510.892.19$1,541
Oct 199810882212.421.97$2,960
Sep 1998073512.592.08$1,531
Aug 1998072611.301.91$1,385
Jul 19987665811.742.24$2,364
Jun 199810762411.242.24$2,599
May 1998071712.622.21$1,582
Apr 1998070813.042.51$1,774
Mar 199810785912.802.31$3,353
Feb 199810592413.952.30$3,589
Jan 1998048214.702.15$1,039
Dec 1997055616.322.41$1,341
Nov 199710560718.193.09$3,785
Oct 1997078019.253.15$2,457
Sep 199711186617.742.95$4,528
Aug 1997089117.862.55$2,276
Jul 199710781817.582.25$3,719
Jun 1997068917.242.26$1,555
May 199711082218.972.31$3,984
Apr 1997079217.882.08$1,650
Mar 199711082418.951.94$3,682
Feb 1997077620.492.21$1,712
Jan 199711290923.483.54$5,847
Dec 1996082023.32$0
Nov 199611376221.97$2,483
Oct 1996070923.31$0
Sep 199610771722.22$2,378
Aug 1996075120.26$0
Jul 1996075119.55$0
Jun 199610566418.73$1,967
May 1996076419.43$0
Apr 199610862621.51$2,323
Mar 1996084019.38$0
Feb 199611077916.98$1,868
Jan 1996086117.07$0
Dec 199511084317.19$1,891
Nov 1995080816.00$0
Oct 199511086915.43$1,697
Sep 1995090116.18$0
Aug 199511092715.92$1,751
Jul 1995089715.24$0
Jun 199511085616.41$1,805
May 1995098817.56$0
Apr 199510890317.73$1,915
Mar 1995087416.44$0
Feb 199511177516.58$1,840
Jan 199511298715.92$1,783
Dec 1994096415.03$0
Nov 1994066715.90$0
Oct 199411174015.58$1,729
Sep 1994077415.29$0
Aug 199411284216.13$1,807
Jul 199401,10717.56$0
Jun 19941001,08917.09$1,709
May 1994075815.88$0
Apr 199410676114.14$1,499
Mar 1994073012.46$0
Feb 199411068612.50$1,375
Jan 1994078412.66$0
Dec 199310477412.33$1,282
Nov 1993081514.49$0
Oct 199310683815.85$1,680
Sep 1993078115.03$0
Aug 199310879615.66$1,691
Jul 1993094015.46$0
Jun 199310784516.79$1,797
May 199310777517.68$1,892
Apr 1993080718.05$0
Mar 199321278618.14$3,846
Feb 1993070117.90$0
Jan 1993070716.93$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.

Nov 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 77.89 =         $0
Casinghead gas        92 Mcf  × $  2.81 =       $258

────────────────────────────────────────────────────
Month total                                     $258

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/12447 is the state's own key, not one this site invented.