BUTLER

Name: BUTLER lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WILLOWBEND INVESTMENTS, INC. (P-5 927665) in the VASHTI, N.E. (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21575District 09Field 93245200NGPA filingOilCasinghead gasSave Export

Value, all time

$728 k

Jan 1993 – Jul 2018

Value, last 12 filed months

$12 k

at the published price for each month

Months reported

307

no gaps in the span

Streams

oil, casinghead gas

The VASHTI, N.E. (CADDO) 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 9 leases and 11 wells, and the rule below applies to all of them.

Discovered

1981-10-14

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	17,726 bbl	$699,712
Casinghead gas	Production	7,992 Mcf	$28,266
Total			$727,978

1,721 Mcf of this lease's gas, across 46 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 33.5679, -98.0183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.56793, -98.01831 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,850 ft

1 wells filed one

Completion to plug

36.6 years

median over 1 well

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 6,850 ft.

Completions filed

Oct 1981

1 of 1 wells

Plug dates filed

May 2018

1 of 1 wells

Last completion to plug: a median of 36.6 years across the 1 well that filed both dates, with the middle half between 36.6 years and 36.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07732191	1 U	6,850 ft	Oct 1981	May 2018	Yes

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 (307)

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

307 months


Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	59	0	65.38	2.90	$3,857
Apr 2018	3	0	63.84	2.90	$192
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	168	0	47.52	3.09	$7,983
Aug 2017	1	0	45.37	3.00	$45
Jul 2017	1	0	43.87	3.09	$44
Jun 2017	0	0	42.49	3.09	$0
May 2017	1	0	45.37	3.26	$45
Apr 2017	158	0	47.93	3.21	$7,573
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	2	0	48.76	3.72	$98
Nov 2016	1	0	42.49	2.64	$42
Oct 2016	173	0	46.19	3.09	$7,991
Sep 2016	1	0	41.55	3.10	$42
Aug 2016	1	0	41.44	2.92	$41
Jul 2016	1	0	41.62	2.92	$42
Jun 2016	0	0	45.35	2.69	$0
May 2016	152	0	42.52	1.99	$6,463
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	2	0	26.47	2.06	$53
Jan 2016	168	0	27.35	2.36	$4,595
Dec 2015	2	0	32.36	2.00	$65
Nov 2015	1	0	38.79	2.17	$39
Oct 2015	2	0	43.55	2.43	$87
Sep 2015	2	0	42.99	2.76	$86
Aug 2015	171	0	40.16	2.87	$6,867
Jul 2015	2	0	48.15	2.95	$96
Jun 2015	1	0	56.15	2.88	$56
May 2015	2	0	55.21	2.96	$110
Apr 2015	171	0	49.82	2.71	$8,519
Mar 2015	1	0	42.89	2.93	$43
Feb 2015	178	0	44.66	2.98	$7,949
Jan 2015	1	0	43.43	3.10	$43
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	1	0	70.46	4.25	$70
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	173	0	86.16	4.05	$14,906
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	172	0	95.89	5.06	$16,493
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	171	0	88.85	3.74	$15,193
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	168	0	104.25	3.52	$17,514
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	172	0	91.23	3.42	$15,692
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	166	0	89.38	3.40	$14,837
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	176	0	79.82	2.52	$14,048
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	1	0	105.05	2.22	$105
Feb 2012	170	0	101.10	2.57	$17,187
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	173	0	83.62	3.99	$14,466
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	180	0	105.96	4.33	$19,073
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	1	0	86.50	4.59	$87
Dec 2010	178	0	85.73	4.35	$15,260
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	170	0	72.63	3.98	$12,347
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	2	0	72.55	4.74	$145
Jun 2010	0	0	70.36	4.91	$0
May 2010	178	0	71.12	4.24	$12,659
Apr 2010	1	0	81.69	4.12	$82
Mar 2010	1	0	78.39	4.39	$78
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	184	0	74.36	5.96	$13,682
Dec 2009	1	0	71.44	5.48	$71
Nov 2009	1	0	74.59	3.75	$75
Oct 2009	172	0	72.54	4.11	$12,477
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	179	0	66.16	3.90	$11,843
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	174	0	42.14	4.06	$7,332
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	174	0	55.49	6.86	$9,655
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	1	0	114.22	8.48	$114
Jul 2008	179	0	131.08	11.39	$23,463
Jun 2008	1	0	131.33	13.03	$131
May 2008	1	0	123.17	11.57	$123
Apr 2008	1	0	110.31	10.45	$110
Mar 2008	177	0	101.90	9.66	$18,036
Feb 2008	1	0	92.53	8.77	$93
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	1	0	88.33	7.30	$88
Nov 2007	169	0	91.67	7.29	$15,492
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	1	0	75.84	6.24	$76
Aug 2007	170	0	69.06	6.39	$11,740
Jul 2007	2	0	70.90	6.39	$142
Jun 2007	2	0	62.00	7.55	$124
May 2007	2	0	58.74	7.85	$117
Apr 2007	181	1	59.61	7.81	$10,797
Mar 2007	0	21	56.92	7.30	$153
Feb 2007	1	1	55.10	8.22	$63
Jan 2007	174	1	50.30	6.73	$8,759
Dec 2006	1	5	56.65	6.92	$91
Nov 2006	175	8	54.20	7.62	$9,546
Oct 2006	0	12	54.90	6.01	$72
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	3	49	69.37	6.34	$519
Jun 2006	3	67	66.28	6.38	$627
May 2006	114	54	66.01	6.42	$7,872
Apr 2006	3	56	64.39	7.36	$605
Mar 2006	168	37	56.70	7.08	$9,788
Feb 2006	5	59	57.59	7.75	$745
Jan 2006	4	62	60.59	8.93	$796
Dec 2005	162	56	54.94	13.42	$9,652
Nov 2005	4	56	54.69	10.59	$812
Oct 2005	84	64	58.34	13.80	$5,783
Sep 2005	2	40	61.45	12.08	$606
Aug 2005	6	40	61.51	9.80	$761
Jul 2005	171	37	55.69	7.84	$9,813
Jun 2005	2	54	52.33	7.38	$503
May 2005	2	40	45.22	6.65	$356
Apr 2005	177	18	49.20	7.36	$8,841
Mar 2005	3	5	50.37	7.15	$187
Feb 2005	3	50	45.22	6.31	$451
Jan 2005	160	54	43.16	6.32	$7,247
Dec 2004	1	60	39.86	6.75	$445
Nov 2004	160	57	45.28	6.33	$7,606
Oct 2004	1	66	49.70	6.52	$480
Sep 2004	1	81	43.24	5.28	$471
Aug 2004	173	81	42.37	5.55	$7,780
Jul 2004	1	62	38.28	6.08	$416
Jun 2004	171	65	36.10	6.43	$6,591
May 2004	1	52	37.48	6.49	$375
Apr 2004	1	68	34.47	5.86	$433
Mar 2004	168	59	34.36	5.53	$6,099
Feb 2004	1	41	32.45	5.51	$258
Jan 2004	167	62	32.03	6.30	$5,740
Dec 2003	1	65	30.26	6.30	$440
Nov 2003	2	75	28.80	4.60	$402
Oct 2003	171	80	28.17	4.76	$5,198
Sep 2003	3	58	26.31	4.75	$354
Aug 2003	178	59	29.76	5.13	$5,600
Jul 2003	1	12	29.41	5.17	$91
Jun 2003	1	24	28.56	5.98	$172
May 2003	0	73	26.59	5.97	$436
Apr 2003	180	84	26.67	5.41	$5,255
Mar 2003	2	76	31.14	6.10	$526
Feb 2003	176	61	33.48	7.93	$6,376
Jan 2003	3	47	30.31	5.58	$353
Dec 2002	186	66	26.91	4.85	$5,326
Nov 2002	2	19	24.66	4.14	$128
Oct 2002	68	5	26.46	4.23	$1,820
Sep 2002	3	16	27.44	3.64	$140
Aug 2002	3	54	25.96	3.16	$249
Jul 2002	156	54	24.58	3.06	$4,000
Jun 2002	3	47	23.73	3.34	$228
May 2002	3	54	24.66	3.58	$268
Apr 2002	164	66	23.65	3.51	$4,110
Mar 2002	0	59	22.00	3.10	$183
Feb 2002	0	22	18.22	2.38	$52
Jan 2002	158	33	17.17	2.38	$2,791
Dec 2001	0	19	16.93	2.36	$45
Nov 2001	0	24	18.07	2.41	$58
Oct 2001	0	9	19.78	2.53	$23
Sep 2001	174	17	24.26	2.25	$4,260
Aug 2001	0	31	24.87	3.05	$95
Jul 2001	0	43	23.93	3.20	$137
Jun 2001	0	36	24.56	3.82	$138
May 2001	158	42	25.52	4.31	$4,213
Apr 2001	174	41	24.68	5.34	$4,513
Mar 2001	0	39	24.54	5.38	$210
Feb 2001	174	38	27.75	5.77	$5,048
Jan 2001	0	32	27.47	8.40	$269
Dec 2000	0	29	26.88	9.12	$265
Nov 2000	0	31	32.21	5.66	$175
Oct 2000	0	43	31.23	5.15	$221
Sep 2000	0	78	31.87	5.19	$405
Aug 2000	140	90	29.64	4.54	$4,558
Jul 2000	0	77	28.53	4.09	$315
Jun 2000	146	65	29.30	4.40	$4,564
May 2000	0	87	27.26	3.68	$320
Apr 2000	134	61	24.51	3.12	$3,474
Mar 2000	0	58	28.42	2.86	$166
Feb 2000	153	74	27.62	2.73	$4,428
Jan 2000	0	88	25.27	2.48	$218
Dec 1999	175	67	24.28	2.42	$4,411
Nov 1999	0	71	23.19	2.43	$173
Oct 1999	184	85	20.98	2.80	$4,099
Sep 1999	0	42	21.75	2.62	$110
Aug 1999	127	37	19.26	2.88	$2,552
Jul 1999	0	47	17.89	2.37	$112
Jun 1999	123	94	15.94	2.36	$2,183
May 1999	0	71	15.79	2.32	$165
Apr 1999	162	98	15.10	2.21	$2,663
Mar 1999	0	75	12.47	1.84	$138
Feb 1999	166	66	9.98	1.82	$1,777
Jan 1999	0	49	10.38	1.90	$93
Dec 1998	179	35	9.20	1.77	$1,709
Nov 1998	0	59	10.89	2.19	$129
Oct 1998	158	39	12.42	1.97	$2,039
Sep 1998	175	22	12.59	2.08	$2,249
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	184	44	11.24	2.24	$2,167
May 1998	0	273	12.62	2.21	$602
Apr 1998	185	109	13.04	2.51	$2,685
Mar 1998	0	60	12.80	2.31	$139
Feb 1998	0	23	13.95	2.30	$53
Jan 1998	0	56	14.70	2.15	$121
Dec 1997	192	44	16.32	2.41	$3,240
Nov 1997	0	44	18.19	3.09	$136
Oct 1997	0	48	19.25	3.15	$151
Sep 1997	182	33	17.74	2.95	$3,326
Aug 1997	0	68	17.86	2.55	$174
Jul 1997	185	69	17.58	2.25	$3,407
Jun 1997	0	74	17.24	2.26	$167
May 1997	181	73	18.97	2.31	$3,602
Apr 1997	0	60	17.88	2.08	$125
Mar 1997	0	61	18.95	1.94	$118
Feb 1997	195	47	20.49	2.21	$4,099
Jan 1997	0	66	23.48	3.54	$234
Dec 1996	190	61	23.32	—	$4,431
Nov 1996	0	51	21.97	—	$0
Oct 1996	0	60	23.31	—	$0
Sep 1996	184	51	22.22	—	$4,088
Aug 1996	0	31	20.26	—	$0
Jul 1996	187	62	19.55	—	$3,656
Jun 1996	0	69	18.73	—	$0
May 1996	0	30	19.43	—	$0
Apr 1996	192	58	21.51	—	$4,130
Mar 1996	0	59	19.38	—	$0
Feb 1996	190	72	16.98	—	$3,226
Jan 1996	0	87	17.07	—	$0
Dec 1995	0	67	17.19	—	$0
Nov 1995	192	55	16.00	—	$3,072
Oct 1995	0	41	15.43	—	$0
Sep 1995	185	46	16.18	—	$2,993
Aug 1995	0	34	15.92	—	$0
Jul 1995	187	28	15.24	—	$2,850
Jun 1995	178	45	16.41	—	$2,921
May 1995	0	93	17.56	—	$0
Apr 1995	0	102	17.73	—	$0
Mar 1995	183	83	16.44	—	$3,009
Feb 1995	0	69	16.58	—	$0
Jan 1995	182	52	15.92	—	$2,897
Dec 1994	0	49	15.03	—	$0
Nov 1994	0	11	15.90	—	$0
Oct 1994	182	0	15.58	—	$2,836
Sep 1994	649	0	15.29	—	$9,923
Aug 1994	0	10	16.13	—	$0
Jul 1994	182	5	17.56	—	$3,196
Jun 1994	0	5	17.09	—	$0
May 1994	180	5	15.88	—	$2,858
Apr 1994	0	5	14.14	—	$0
Mar 1994	0	5	12.46	—	$0
Feb 1994	182	5	12.50	—	$2,275
Jan 1994	0	5	12.66	—	$0
Dec 1993	182	5	12.33	—	$2,244
Nov 1993	0	5	14.49	—	$0
Oct 1993	0	5	15.85	—	$0
Sep 1993	185	5	15.03	—	$2,781
Aug 1993	0	5	15.66	—	$0
Jul 1993	181	5	15.46	—	$2,798
Jun 1993	184	5	16.79	—	$3,089
May 1993	0	5	17.68	—	$0
Apr 1993	186	5	18.05	—	$3,357
Mar 1993	0	56	18.14	—	$0
Feb 1993	0	56	17.90	—	$0
Jan 1993	186	53	16.93	—	$3,149

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 2018 — as filed, then multipliedworked

Oil                   59 bbl  × $ 65.38 =     $3,857
Casinghead gas         0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                   $3,857

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/21575 is the state's own key, not one this site invented.