TIFFIN BURDICK UNIT

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

Oil lease lease 27540District 09Field 55236700OilCasinghead gasSaveExport
Value, all time
$564 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
234
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1989-09-08
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

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
OilDisposition9,680 bbl$304,658
Casinghead gasProduction58,731 Mcf$259,374
Total$564,031

10,881 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 33.2236, -98.5458. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.22365, -98.54581 · 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
4,907 ft
1 wells filed one
Completion to plug
22.4 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 4,907 ft.

Completions filed
Sep 1989
1 of 1 wells
Plug dates filed
Feb 2012
1 of 1 wells

Last completion to plug: a median of 22.4 years across the 1 well that filed both dates, with the middle half between 22.4 years and 22.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033971114,907 ftSep 1989Feb 2012Yes

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
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 201198094.144.52$9,226
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201110105.964.33$106
Mar 20111096.364.06$96
Feb 2011024385.644.18$1,016
Jan 2011133986.504.59$1,642
Dec 2010135085.734.35$1,607
Nov 201016436280.843.80$14,632
Oct 2010039178.103.51$1,372
Sep 2010139072.633.98$1,625
Aug 2010141773.684.42$1,917
Jul 2010142172.554.74$2,067
Jun 2010131070.364.91$1,593
May 2010232171.124.24$1,502
Apr 2010013381.694.12$548
Mar 201015629778.394.39$13,532
Feb 2010127973.585.44$1,592
Jan 2010135774.365.96$2,204
Dec 2009140871.445.48$2,309
Nov 2009142074.593.75$1,650
Oct 2009047472.544.11$1,948
Sep 2009150765.543.06$1,619
Aug 200916355467.423.22$12,773
Jul 2009440161.133.46$1,634
Jun 200904966.163.90$191
May 2009012154.743.93$475
Apr 2009010846.773.59$387
Mar 2009010342.144.06$418
Feb 2009012632.814.63$584
Jan 2009013935.865.37$747
Dec 2008017837.105.98$1,064
Nov 2008034755.496.86$2,381
Oct 2008135875.246.92$2,553
Sep 20080324101.767.88$2,552
Aug 2008162369114.228.48$21,634
Jul 20080341131.0811.39$3,884
Jun 20081354131.3313.03$4,745
May 20081381123.1711.57$4,533
Apr 20081361110.3110.45$3,885
Mar 2008164365101.909.66$20,239
Feb 2008236492.538.77$3,378
Jan 2008032990.388.21$2,700
Dec 2007138388.337.30$2,885
Nov 2007134491.677.29$2,600
Oct 200715737882.856.92$15,624
Sep 2007142875.846.24$2,748
Aug 2007014869.066.39$945
Jul 2007015670.906.39$997
Jun 2007014262.007.55$1,072
May 2007017058.747.85$1,334
Apr 2007124859.617.81$1,995
Mar 200716830256.927.30$11,768
Feb 2007023955.108.22$1,964
Jan 2007129550.306.73$2,035
Dec 2006132156.656.92$2,277
Nov 2006029954.207.62$2,278
Oct 200616930254.906.01$11,094
Sep 2006134160.085.04$1,778
Aug 2006027168.717.34$1,989
Jul 2006136269.376.34$2,365
Jun 2006133166.286.38$2,179
May 200617235566.016.42$13,635
Apr 2006234164.397.36$2,639
Mar 2006016856.707.08$1,190
Feb 200608157.597.75$628
Jan 200606960.598.93$616
Dec 2005118054.9413.42$2,470
Nov 200516022254.6910.59$11,101
Oct 2005033658.3413.80$4,635
Sep 2005032861.4512.08$3,962
Aug 2005133361.519.80$3,324
Jul 200515333855.697.84$11,172
Jun 2005133052.337.38$2,488
May 2005038245.226.65$2,541
Apr 2005136349.207.36$2,721
Mar 200516333450.377.15$10,600
Feb 2005133745.226.31$2,172
Jan 2005138543.166.32$2,477
Dec 200416138439.866.75$9,010
Nov 2004141445.286.33$2,666
Oct 2004143249.706.52$2,864
Sep 2004150543.245.28$2,712
Aug 200416653142.375.55$9,981
Jul 2004029238.286.08$1,777
Jun 2004016036.106.43$1,029
May 2004023137.486.49$1,500
Apr 2004021134.475.86$1,236
Mar 2004027334.365.53$1,510
Feb 2004030332.455.51$1,669
Jan 2004153432.036.30$3,396
Dec 200315465130.266.30$8,762
Nov 2003142428.804.60$1,977
Oct 20030028.174.76$0
Sep 2003073126.314.75$3,472
Aug 2003185029.765.13$4,390
Jul 200317295929.415.17$10,017
Jun 200301,04528.565.98$6,252
May 200316392926.595.97$9,883
Apr 2003086526.675.41$4,677
Mar 200305131.146.10$311
Feb 200304033.487.93$317
Jan 2003118230.315.58$1,046
Dec 2002020826.914.85$1,010
Nov 2002019624.664.14$811
Oct 2002117426.464.23$762
Sep 2002020427.443.64$742
Aug 2002015725.963.16$497
Jul 2002020424.583.06$625
Jun 2002027923.733.34$931
May 200217028424.663.58$5,210
Apr 2002025723.653.51$903
Mar 2002024322.003.10$754
Feb 2002025218.222.38$599
Jan 200215725217.172.38$3,294
Dec 2001014816.932.36$350
Nov 2001323118.072.41$610
Oct 2001025319.782.53$640
Sep 2001128424.262.25$664
Aug 200116627124.873.05$4,956
Jul 2001025523.933.20$815
Jun 200107924.563.82$302
May 2001012625.524.31$543
Apr 2001420724.685.34$1,203
Mar 200117522424.545.38$5,499
Feb 2001419827.755.77$1,253
Jan 2001022127.478.40$1,856
Dec 2000121626.889.12$1,997
Nov 200016620732.215.66$6,518
Oct 2000021031.235.15$1,081
Sep 2000019031.875.19$985
Aug 2000022129.644.54$1,004
Jul 2000122828.534.09$961
Jun 2000022129.304.40$972
May 200016623027.263.68$5,372
Apr 2000023424.513.12$729
Mar 2000024228.422.86$692
Feb 200017617327.622.73$5,333
Jan 2000421925.272.48$644
Dec 1999021724.282.42$526
Nov 1999320323.192.43$564
Oct 199917822620.982.80$4,368
Sep 1999026121.752.62$684
Aug 1999030619.262.88$880
Jul 1999019917.892.37$472
Jun 19990015.942.36$0
May 1999176015.792.32$2,779
Apr 199903615.102.21$79
Mar 199906912.471.84$127
Feb 199901869.981.82$338
Jan 1999020910.381.90$397
Dec 199802039.201.77$360
Nov 1998017810.892.19$389
Oct 1998011612.421.97$228
Sep 1998010612.592.08$221
Aug 199816212211.301.91$2,063
Jul 1998012811.742.24$286
Jun 1998016311.242.24$365
May 1998223312.622.21$539
Apr 1998022313.042.51$559
Mar 199817312512.802.31$2,503
Feb 1998015713.952.30$361
Jan 1998123714.702.15$525
Dec 1997122716.322.41$564
Nov 199717922718.193.09$3,957
Oct 1997122519.253.15$728
Sep 199717322117.742.95$3,722
Aug 1997022817.862.55$582
Jul 1997024717.582.25$555
Jun 199717021917.242.26$3,425
May 1997023418.972.31$540
Apr 199717921517.882.08$3,648
Mar 1997123518.951.94$475
Feb 1997020720.492.21$457
Jan 199717923423.483.54$5,031
Dec 1996224223.32$47
Nov 199617823521.97$3,911
Oct 1996217823.31$47
Sep 199629122.22$44
Aug 199617625320.26$3,566
Jul 1996325819.55$59
Jun 199617223818.73$3,222
May 1996023019.43$0
Apr 1996021621.51$0
Mar 199618422119.38$3,566
Feb 1996020116.98$0
Jan 1996015817.07$0
Dec 199516521017.19$2,836
Nov 1995023316.00$0
Oct 199517222615.43$2,654
Sep 1995022016.18$0
Aug 199516519915.92$2,627
Jul 1995022815.24$0
Jun 1995022916.41$0
May 199517223017.56$3,020
Apr 1995025217.73$0
Mar 199516725716.44$2,745
Feb 1995220516.58$33
Jan 199516022215.92$2,547
Dec 1994022615.03$0
Nov 199415521815.90$2,465
Oct 1994022115.58$0
Sep 199414125415.29$2,156
Aug 199416027616.13$2,581
Jul 1994026417.56$0
Jun 199416326017.09$2,786
May 1994028615.88$0
Apr 199417427714.14$2,460
Mar 199417227312.46$2,143
Feb 1994020412.50$0
Jan 199417621212.66$2,228
Dec 1993021612.33$0
Nov 199317124214.49$2,478
Oct 1993024215.85$0
Sep 199315924015.03$2,390
Aug 199316020915.66$2,506
Jul 1993022115.46$0
Jun 199316123916.79$2,703
May 1993027217.68$0
Apr 199315721718.05$2,834
Mar 199317021218.14$3,084
Feb 1993018917.90$0
Jan 199315217916.93$2,573

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.

Jul 2011 — as filed, then multipliedworked
Oil                   98 bbl  × $ 94.14 =     $9,226
Casinghead gas         0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                   $9,226

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/27540 is the state's own key, not one this site invented.