BRANDON

Operated by FINNELL OIL CO. (P-5 268962) in the QUANAH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27214District 09Field 73609001OilCasinghead gasSaveExport
Value, all time
$175 k
Jan 1993 – May 2000
Value, last 12 filed months
$276
at the published price for each month
Months reported
89
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 52 leases and 85 wells, and the rule below applies to all of them.

Discovered
1950-11-09
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 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: SWARTZ (PALO PINTO) CONSOLIDATED HERE PER DKT# 9-92455 WITH

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
OilDisposition10,512 bbl$174,855
Casinghead gasProduction21 Mcf$0
Total$174,855

21 Mcf of this lease's gas, across 21 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 34.3488, -99.6941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

34.34934, -99.69408 · 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
5,930 ft
3 wells filed one
Completion to plug
13.2 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 2,930 and 6,021 ft, median 5,930 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1986 – Jan 1987
3 of 3 wells
Plug dates filed
Jan 2000 – Feb 2000
3 of 3 wells

Last completion to plug: a median of 13.2 years across the 3 wells that filed both dates, with the middle half between 13.1 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-1973099432,930 ftJan 1987Jan 2000Yes
42-1973097426,021 ftDec 1986Feb 2000Yes
42-1973096115,930 ftOct 1986Jan 2000Yes

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 (89)

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

89 months

May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200010027.622.73$276
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998130011.742.24$1,526
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998177014.702.15$2,602
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997176019.253.15$3,388
Sep 19970017.742.95$0
Aug 1997181017.862.55$3,233
Jul 19970017.582.25$0
Jun 1997168017.242.26$2,896
May 19970018.972.31$0
Apr 1997160017.882.08$2,861
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997175023.483.54$4,109
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996179023.31$4,172
Sep 19960022.22$0
Aug 1996169020.26$3,424
Jul 19960019.55$0
Jun 1996164018.73$3,072
May 1996177019.43$3,439
Apr 1996176021.51$3,786
Mar 1996345019.38$6,686
Feb 1996175016.98$2,972
Jan 1996168017.07$2,868
Dec 1995163017.19$2,802
Nov 1995169016.00$2,704
Oct 1995108015.43$1,666
Sep 1995171016.18$2,767
Aug 1995344015.92$5,476
Jul 19950015.24$0
Jun 1995161016.41$2,642
May 1995175017.56$3,073
Apr 1995168017.73$2,979
Mar 1995170016.44$2,795
Feb 1995349016.58$5,786
Jan 1995171015.92$2,722
Dec 1994361015.03$5,426
Nov 1994180015.90$2,862
Oct 1994340015.58$5,297
Sep 1994173115.29$2,645
Aug 1994182116.13$2,936
Jul 1994180117.56$3,161
Jun 1994358117.09$6,118
May 1994162115.88$2,573
Apr 1994173114.14$2,446
Mar 1994177112.46$2,205
Feb 1994349112.50$4,363
Jan 1994167112.66$2,114
Dec 1993179112.33$2,207
Nov 1993350114.49$5,072
Oct 1993179115.85$2,837
Sep 1993177115.03$2,660
Aug 1993179115.66$2,803
Jul 1993171115.46$2,644
Jun 1993180116.79$3,022
May 1993524117.68$9,264
Apr 19930118.05$0
Mar 1993179118.14$3,247
Feb 1993164117.90$2,936
Jan 1993549116.93$9,295

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.

Feb 2000 — as filed, then multipliedworked
Oil                   10 bbl  × $ 27.62 =       $276
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                     $276

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/27214 is the state's own key, not one this site invented.