MAXWELL UNIT

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 27367District 09Field 09873500NGPA filingOilCasinghead gasSaveExport
Value, all time
$313 k
Jan 1993 – Dec 2011
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
228
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
OilDisposition16,677 bbl$296,970
Casinghead gasProduction15,199 Mcf$16,237
Total$313,206

8,776 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 33.6824, -97.6165. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.68241, -97.61649 · 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
7,096 ft
1 wells filed one
Completion to plug
22.3 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 7,096 ft.

Completions filed
Mar 1989
1 of 1 wells
Plug dates filed
Jun 2011
1 of 1 wells

Last completion to plug: a median of 22.3 years across the 1 well that filed both dates, with the middle half between 22.3 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3373278737,096 ftMar 1989Jun 2011Yes

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 (228)

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

228 months

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 20110094.144.52$0
Jun 201167092.904.64$6,224
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
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 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
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 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
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 200155025.524.31$1,404
Apr 20010024.685.34$0
Mar 2001178024.545.38$4,368
Feb 2001181027.755.77$5,023
Jan 20010027.478.40$0
Dec 2000179026.889.12$4,812
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000179031.875.19$5,705
Aug 2000179029.644.54$5,306
Jul 20000028.534.09$0
Jun 200017822729.304.40$6,214
May 2000028027.263.68$1,030
Apr 20001785324.513.12$4,528
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19991828324.282.42$4,620
Nov 199918211123.192.43$4,491
Oct 199907820.982.80$219
Sep 19991767621.752.62$4,027
Aug 199918012019.262.88$3,812
Jul 1999013817.892.37$327
Jun 199918124715.942.36$3,469
May 199909415.792.32$218
Apr 19991781615.102.21$2,723
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19991843810.381.90$1,982
Dec 19980829.201.77$145
Nov 199817710810.892.19$2,164
Oct 1998011612.421.97$228
Sep 199817822612.592.08$2,712
Aug 199817624911.301.91$2,464
Jul 199809711.742.24$217
Jun 199816718011.242.24$2,280
May 199817913312.622.21$2,552
Apr 1998021213.042.51$531
Mar 199817228212.802.31$2,853
Feb 199818621313.952.30$3,084
Jan 199818617014.702.15$3,101
Dec 199718716516.322.41$3,450
Nov 199717917318.193.09$3,790
Oct 1997019319.253.15$608
Sep 199717922317.742.95$3,834
Aug 199717528917.862.55$3,864
Jul 1997031317.582.25$703
Jun 199717839217.242.26$3,954
May 199717419018.972.31$3,739
Apr 199718415017.882.08$3,602
Mar 1997029718.951.94$576
Feb 199718917620.492.21$4,261
Jan 199717923323.483.54$5,028
Dec 199618220523.32$4,244
Nov 199619216921.97$4,218
Oct 1996021123.31$0
Sep 199618015222.22$4,000
Aug 199618423720.26$3,728
Jul 199618117719.55$3,539
Jun 199618113418.73$3,390
May 199618415419.43$3,575
Apr 1996012521.51$0
Mar 199618218619.38$3,527
Feb 199618122616.98$3,073
Jan 199618729017.07$3,192
Dec 199518610217.19$3,197
Nov 199537510216.00$6,000
Oct 199502115.43$0
Sep 199519014116.18$3,074
Aug 199535615415.92$5,668
Jul 1995015415.24$0
Jun 199535613316.41$5,842
May 199517917017.56$3,143
Apr 199518181617.73$3,209
Mar 199518713616.44$3,074
Feb 199518115116.58$3,001
Jan 199536420915.92$5,795
Dec 199408515.03$0
Nov 199418624515.90$2,957
Oct 199454529715.58$8,491
Sep 1994025515.29$0
Aug 199417528616.13$2,823
Jul 199418031417.56$3,161
Jun 199435932917.09$6,135
May 199417417015.88$2,763
Apr 199418013914.14$2,545
Mar 199435623612.46$4,436
Feb 199418222312.50$2,275
Jan 199418619812.66$2,355
Dec 199336929012.33$4,550
Nov 199318623814.49$2,695
Oct 199318620415.85$2,948
Sep 199335330015.03$5,306
Aug 1993512115.66$8,018
Jul 1993257115.46$3,973
Jun 1993250116.79$4,198
May 19932573917.68$4,544
Apr 199347516818.05$8,574
Mar 199325315718.14$4,589
Feb 19934794417.90$8,574
Jan 1993506116.93$8,567

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.

Jun 2011 — as filed, then multipliedworked
Oil                   67 bbl  × $ 92.90 =     $6,224
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                   $6,224

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/27367 is the state's own key, not one this site invented.