WYNN HEIRS

Operated by MAYCO OIL (P-5 535785) in the JOY (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25845District 09Field 47372568OilCasinghead gasSaveExport
Value, all time
$86 k
Jan 1993 – Dec 1998
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
72
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 48 leases and 227 wells, and the rule below applies to all of them.

Discovered
1943-12-31
as the register files it
Field class
Oil
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
OilDisposition5,146 bbl$86,117
Casinghead gasProduction66 Mcf$49
Total$86,166

46 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 (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 33.5712, -98.2597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

33.56958, -98.25985 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
3,900 ft
3 wells filed one
Completion to plug
12.4 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 3,880 and 4,650 ft, median 3,900 ft, over the 3 wells that filed a depth.

Completions filed
Dec 1985 – Feb 1988
3 of 3 wells
Plug dates filed
Nov 1998
3 of 3 wells

Last completion to plug: a median of 12.4 years across the 3 wells that filed both dates, with the middle half between 11.6 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-0773420234,650 ftFeb 1988Nov 1998Yes
42-0773403223,880 ftJun 1986Nov 1998Yes
42-0773392713,900 ftDec 1985Nov 1998Yes

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 (72)

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

72 months

Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998106012.421.97$1,317
Sep 19980012.592.08$0
Aug 19980111.301.91$2
Jul 19980111.742.24$2
Jun 1998171111.242.24$1,924
May 1998172112.622.21$2,173
Apr 1998176113.042.51$2,298
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 1998174114.702.15$2,560
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 1997162119.253.15$3,122
Sep 19970117.742.95$3
Aug 1997169117.862.55$3,021
Jul 19970117.582.25$2
Jun 1997167117.242.26$2,881
May 19970118.972.31$2
Apr 1997177117.882.08$3,167
Mar 19970118.951.94$2
Feb 1997175120.492.21$3,588
Jan 19970123.483.54$4
Dec 1996154123.32$3,591
Nov 1996157121.97$3,449
Oct 19960123.31$0
Sep 1996176122.22$3,911
Aug 1996171120.26$3,464
Jul 19960119.55$0
Jun 1996176118.73$3,296
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950117.19$0
Nov 19950116.00$0
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 1995121115.24$1,844
Jun 19950116.41$0
May 1995109117.56$1,914
Apr 1995165117.73$2,925
Mar 19950116.44$0
Feb 19950116.58$0
Jan 19950115.92$0
Dec 1994146115.03$2,194
Nov 19940115.90$0
Oct 1994163115.58$2,540
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994145117.56$2,546
Jun 19940117.09$0
May 1994178115.88$2,827
Apr 19940114.14$0
Mar 1994133112.46$1,657
Feb 1994145112.50$1,813
Jan 19940112.66$0
Dec 1993109112.33$1,344
Nov 1993165114.49$2,391
Oct 19930115.85$0
Sep 199396115.03$1,443
Aug 199398115.66$1,535
Jul 1993112115.46$1,732
Jun 1993129116.79$2,166
May 1993167117.68$2,953
Apr 1993171118.05$3,087
Mar 1993167118.14$3,029
Feb 19930117.90$0
Jan 1993144116.93$2,438

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 1998 — as filed, then multipliedworked
Oil                  106 bbl  × $ 12.42 =     $1,317
Casinghead gas         0 Mcf  × $  1.97 =         $0

────────────────────────────────────────────────────
Month total                                   $1,317

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/25845 is the state's own key, not one this site invented.