MAXWELL

Operated by FELDERHOFF PRODUCTION COMPANY (P-5 265140) in the BLUE MOUND (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27039District 09Field 09873500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – Jun 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
318
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1988-05-07
as the register files it
Field class
Oil
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 80 acres. The field rule took effect on 1988-12-01.

The Commission's schedule remark for this field reads: PERMANENT PER DKT.# 9-94,251 EFF. 4/9/90.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition34,997 bbl$1,022,739
Casinghead gasProduction22,724 Mcf$21,783
Total$1,044,523

14,097 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 33.6808, -97.6298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.68076, -97.62982 · 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
7,100 ft
1 wells filed one
Completion to plug
30.8 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 7,100 ft.

Completions filed
May 1988
1 of 1 wells
Plug dates filed
Feb 2019
1 of 1 wells

Last completion to plug: a median of 30.8 years across the 1 well that filed both dates, with the middle half between 30.8 years and 30.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3373276117,100 ftMay 1988Feb 2019Yes

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 (318)

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

318 months

Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015153032.362.00$4,951
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015132040.162.87$5,301
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015168049.822.71$8,370
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014167070.464.25$11,767
Oct 20140078.303.90$0
Sep 2014169086.164.05$14,561
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014170095.944.81$16,310
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013183097.423.78$17,828
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131680102.523.72$17,223
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013176091.233.42$16,056
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012185094.672.92$17,514
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012174091.612.49$15,940
Apr 201200101.652.00$0
Mar 20121470105.052.22$15,442
Feb 201200101.102.57$0
Jan 2012182098.092.73$17,852
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011174094.144.52$16,380
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011158096.364.06$15,225
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010185085.734.35$15,860
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010182073.684.42$13,410
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010183071.124.24$13,015
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009181065.543.06$11,863
Aug 2009181067.423.22$12,203
Jul 20090061.133.46$0
Jun 2009188066.163.90$12,438
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009175032.814.63$5,742
Jan 20090035.865.37$0
Dec 200898037.105.98$3,636
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081800101.767.88$18,317
Aug 200800114.228.48$0
Jul 20081820131.0811.39$23,857
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081930110.3110.45$21,290
Mar 200800101.909.66$0
Feb 2008183092.538.77$16,933
Jan 20080090.388.21$0
Dec 2007183088.337.30$16,164
Nov 2007178091.677.29$16,317
Oct 20070082.856.92$0
Sep 2007194075.846.24$14,713
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007156058.747.85$9,163
Apr 20070059.617.81$0
Mar 2007166056.927.30$9,449
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006167054.906.01$9,168
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006181069.376.34$12,556
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006185060.598.93$11,209
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005180058.3413.80$10,501
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005182052.337.38$9,524
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005169045.226.31$7,642
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004176045.286.33$7,969
Oct 20040049.706.52$0
Sep 2004182043.245.28$7,870
Aug 20040042.375.55$0
Jul 2004164038.286.08$6,278
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004184034.365.53$6,322
Feb 2004181032.455.51$5,873
Jan 20040032.036.30$0
Dec 2003165030.266.30$4,993
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003178029.415.17$5,235
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003183033.487.93$6,127
Jan 20030030.315.58$0
Dec 2002177026.914.85$4,763
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002175027.443.64$4,802
Aug 2002175025.963.16$4,543
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200198025.524.31$2,501
Apr 2001155024.685.34$3,825
Mar 20010024.545.38$0
Feb 2001174027.755.77$4,829
Jan 20010027.478.40$0
Dec 2000143026.889.12$3,844
Nov 2000176032.215.66$5,669
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000178029.644.54$5,276
Jul 20000028.534.09$0
Jun 200017815929.304.40$5,915
May 2000026027.263.68$957
Apr 200017922024.513.12$5,073
Mar 2000022428.422.86$641
Feb 200017839927.622.73$6,004
Jan 200018034625.272.48$5,407
Dec 1999032724.282.42$793
Nov 199918036023.192.43$5,050
Oct 1999021220.982.80$594
Sep 199918233521.752.62$4,836
Aug 199918319019.262.88$4,071
Jul 19991599217.892.37$3,063
Jun 1999021315.942.36$503
May 19993618015.792.32$5,886
Apr 1999178015.102.21$2,688
Mar 1999010612.471.84$195
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998175329.201.77$1,667
Nov 19981757210.892.19$2,063
Oct 199817615912.421.97$2,499
Sep 199817115912.592.08$2,484
Aug 199818322011.301.91$2,488
Jul 19981855311.742.24$2,290
Jun 1998011411.242.24$255
May 199817915112.622.21$2,592
Apr 1998017913.042.51$448
Mar 199835518212.802.31$4,964
Feb 1998018213.952.30$418
Jan 199818814314.702.15$3,072
Dec 199718610916.322.41$3,298
Nov 1997011818.193.09$364
Oct 199716412319.253.15$3,544
Sep 199718121417.742.95$3,843
Aug 199717614117.862.55$3,504
Jul 1997039417.582.25$885
Jun 199717646517.242.26$4,084
May 199718542118.972.31$4,481
Apr 1997047217.882.08$983
Mar 199736344118.951.94$7,734
Feb 1997018620.492.21$410
Jan 199718337423.483.54$5,621
Dec 199618633023.32$4,338
Nov 199617721821.97$3,889
Oct 1996029723.31$0
Sep 199618229722.22$4,044
Aug 199618126320.26$3,667
Jul 199618221519.55$3,558
Jun 1996027718.73$0
May 199636222819.43$7,034
Apr 1996018021.51$0
Mar 199616034319.38$3,101
Feb 199618334916.98$3,107
Jan 199618719717.07$3,192
Dec 199518323117.19$3,146
Nov 199518521516.00$2,960
Oct 19951823515.43$2,808
Sep 199517930616.18$2,896
Aug 199517829115.92$2,834
Jul 199517530315.24$2,667
Jun 199517924616.41$2,937
May 199517432417.56$3,055
Apr 199518224717.73$3,227
Mar 199517224616.44$2,828
Feb 199518222416.58$3,018
Jan 199517827315.92$2,834
Dec 199436235015.03$5,441
Nov 199417924015.90$2,846
Oct 199418328515.58$2,851
Sep 199435828315.29$5,474
Aug 199417936916.13$2,887
Jul 199435536417.56$6,234
Jun 199436043617.09$6,152
May 199435938615.88$5,701
Apr 199435942114.14$5,076
Mar 199454145612.46$6,741
Feb 199436242612.50$4,525
Jan 199435335212.66$4,469
Dec 199372463912.33$8,927
Nov 199369743914.49$10,100
Oct 199388571215.85$14,027
Sep 199390319015.03$13,572
Aug 19931,17029415.66$18,322
Jul 199387434115.46$13,512
Jun 199383224516.79$13,969
May 19931,05219617.68$18,599
Apr 19931,06128418.05$19,151
Mar 19931,43913018.14$26,103
Feb 19931,2918217.90$23,109
Jan 19931,3894216.93$23,516

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.

Dec 2015 — as filed, then multipliedworked
Oil                  153 bbl  × $ 32.36 =     $4,951
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $4,951

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/27039 is the state's own key, not one this site invented.