FORBES-SPEARS UNIT

Operated by KADANE CORPORATION (P-5 450038) in the BERRY (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28492District 09Field 07381333OilCasinghead gasSaveExport
Value, all time
$2.3 M
Jan 1993 – Sep 2018
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
309
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 16 leases and 17 wells, and the rule below applies to all of them.

Discovered
1966-02-27
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.

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
OilDisposition92,999 bbl$2,269,386
Casinghead gasProduction21 Mcf$0
Total$2,269,386

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 (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 34.2233, -99.4974. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

34.22328, -99.49742 · 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
8,292 ft
1 wells filed one
Completion to plug
25.4 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 8,292 ft.

Completions filed
Jan 1993
1 of 1 wells
Plug dates filed
Jun 2018
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1973123418,292 ftJan 1993Jun 2018Yes

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 (309)

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

309 months

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 2017132049.292.98$6,506
Sep 20170047.523.09$0
Aug 2017175045.373.00$7,940
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017180045.373.26$8,167
Apr 20170047.933.21$0
Mar 2017170046.772.98$7,951
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016183042.492.64$7,776
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016173041.442.92$7,169
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016183042.521.99$7,781
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016187027.352.36$5,114
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015181043.552.43$7,883
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015176048.152.95$8,474
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 2014184054.693.59$10,063
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014179086.164.05$15,423
Aug 20140089.394.04$0
Jul 2014179096.564.18$17,284
Jun 20140098.164.74$0
May 2014178094.734.73$16,862
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014183097.406.19$17,824
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013182088.853.74$16,171
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131790104.253.52$18,661
Jul 201300102.523.72$0
Jun 2013184094.403.93$17,370
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013181093.623.91$16,945
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012186086.773.42$16,139
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012182094.672.92$17,230
Aug 20120092.662.91$0
Jul 2012184085.133.02$15,664
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121780101.652.00$18,094
Mar 201200105.052.22$0
Feb 20121780101.102.57$17,996
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011186095.723.31$17,804
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011175083.404.15$14,595
Jul 20110094.144.52$0
Jun 2011183092.904.64$17,001
May 20110098.134.40$0
Apr 20111760105.964.33$18,649
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011172086.504.59$14,878
Dec 20100085.734.35$0
Nov 2010185080.843.80$14,955
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010176073.684.42$12,968
Jul 20100072.554.74$0
Jun 2010177070.364.91$12,454
May 20100071.124.24$0
Apr 2010164081.694.12$13,397
Mar 201014078.394.39$1,097
Feb 20100073.585.44$0
Jan 2010182074.365.96$13,534
Dec 20090071.445.48$0
Nov 2009178074.593.75$13,277
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009172067.423.22$11,596
Jul 20090061.133.46$0
Jun 2009183066.163.90$12,107
May 20090054.743.93$0
Apr 2009183046.773.59$8,559
Mar 20090042.144.06$0
Feb 2009183032.814.63$6,004
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008145055.496.86$8,046
Oct 2008178075.246.92$13,393
Sep 200800101.767.88$0
Aug 20081710114.228.48$19,532
Jul 200800131.0811.39$0
Jun 20081670131.3313.03$21,932
May 200800123.1711.57$0
Apr 20081890110.3110.45$20,849
Mar 200800101.909.66$0
Feb 2008174092.538.77$16,100
Jan 20080090.388.21$0
Dec 2007171088.337.30$15,104
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007154075.846.24$11,679
Aug 2007160069.066.39$11,050
Jul 20070070.906.39$0
Jun 2007163062.007.55$10,106
May 20070058.747.85$0
Apr 2007164059.617.81$9,776
Mar 20070056.927.30$0
Feb 2007170055.108.22$9,367
Jan 20070050.306.73$0
Dec 2006154056.656.92$8,724
Nov 20060054.207.62$0
Oct 2006167054.906.01$9,168
Sep 2006178060.085.04$10,694
Aug 20060068.717.34$0
Jul 2006172069.376.34$11,932
Jun 20060066.286.38$0
May 2006164066.016.42$10,826
Apr 20060064.397.36$0
Mar 2006172056.707.08$9,752
Feb 20060057.597.75$0
Jan 2006183060.598.93$11,088
Dec 20050054.9413.42$0
Nov 2005172054.6910.59$9,407
Oct 2005180058.3413.80$10,501
Sep 20050061.4512.08$0
Aug 2005172061.519.80$10,580
Jul 20050055.697.84$0
Jun 2005181052.337.38$9,472
May 20050045.226.65$0
Apr 2005182049.207.36$8,954
Mar 20050050.377.15$0
Feb 2005178045.226.31$8,049
Jan 20050043.166.32$0
Dec 2004183039.866.75$7,294
Nov 2004178045.286.33$8,060
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004146042.375.55$6,186
Jul 20040038.286.08$0
Jun 2004171036.106.43$6,173
May 2004181037.486.49$6,784
Apr 20040034.475.86$0
Mar 2004175034.365.53$6,013
Feb 2004164032.455.51$5,322
Jan 20040032.036.30$0
Dec 2003160030.266.30$4,842
Nov 2003174028.804.60$5,011
Oct 2003156028.174.76$4,395
Sep 20030026.314.75$0
Aug 2003180029.765.13$5,357
Jul 20030029.415.17$0
Jun 2003177028.565.98$5,055
May 20030026.595.97$0
Apr 2003167026.675.41$4,454
Mar 2003181031.146.10$5,636
Feb 20030033.487.93$0
Jan 2003172030.315.58$5,213
Dec 2002178026.914.85$4,790
Nov 20020024.664.14$0
Oct 2002181026.464.23$4,789
Sep 20020027.443.64$0
Aug 2002164025.963.16$4,257
Jul 2002166024.583.06$4,080
Jun 2002182023.733.34$4,319
May 2002181024.663.58$4,463
Apr 20020023.653.51$0
Mar 2002183022.003.10$4,026
Feb 20020018.222.38$0
Jan 2002182017.172.38$3,125
Dec 2001179016.932.36$3,030
Nov 20010018.072.41$0
Oct 2001177019.782.53$3,501
Sep 2001176024.262.25$4,270
Aug 2001158024.873.05$3,929
Jul 2001180023.933.20$4,307
Jun 2001176024.563.82$4,323
May 20010025.524.31$0
Apr 2001181024.685.34$4,467
Mar 2001140024.545.38$3,436
Feb 20010027.755.77$0
Jan 2001353027.478.40$9,697
Dec 20000026.889.12$0
Nov 2000178032.215.66$5,733
Oct 2000176031.235.15$5,496
Sep 2000174031.875.19$5,545
Aug 2000177029.644.54$5,246
Jul 2000174028.534.09$4,964
Jun 20000029.304.40$0
May 2000175027.263.68$4,771
Apr 2000181024.513.12$4,436
Mar 2000172028.422.86$4,888
Feb 2000176027.622.73$4,861
Jan 2000177025.272.48$4,473
Dec 1999178024.282.42$4,322
Nov 1999178023.192.43$4,128
Oct 1999166020.982.80$3,483
Sep 1999161021.752.62$3,502
Aug 1999342019.262.88$6,587
Jul 1999174017.892.37$3,113
Jun 1999171015.942.36$2,726
May 1999180015.792.32$2,842
Apr 1999178015.102.21$2,688
Mar 1999176012.471.84$2,195
Feb 199917709.981.82$1,766
Jan 1999178010.381.90$1,848
Dec 199816309.201.77$1,500
Nov 1998183010.892.19$1,993
Oct 1998180012.421.97$2,236
Sep 1998181012.592.08$2,279
Aug 1998174011.301.91$1,966
Jul 1998179011.742.24$2,101
Jun 1998170011.242.24$1,911
May 1998349012.622.21$4,404
Apr 1998182013.042.51$2,373
Mar 1998361012.802.31$4,621
Feb 1998360013.952.30$5,022
Jan 1998174014.702.15$2,558
Dec 1997362016.322.41$5,908
Nov 1997335018.193.09$6,094
Oct 1997347019.253.15$6,680
Sep 1997345017.742.95$6,120
Aug 1997529017.862.55$9,448
Jul 1997178017.582.25$3,129
Jun 1997351017.242.26$6,051
May 1997344018.972.31$6,526
Apr 1997700017.882.08$12,516
Mar 1997518018.951.94$9,816
Feb 1997182020.492.21$3,729
Jan 1997701023.483.54$16,459
Dec 1996514023.32$11,986
Nov 1996718021.97$15,774
Oct 1996894023.31$20,839
Sep 1996875022.22$19,443
Aug 19961,061020.26$21,496
Jul 19961,213019.55$23,714
Jun 1996678018.73$12,699
May 1996844019.43$16,399
Apr 1996859021.51$18,477
Mar 1996544019.38$10,543
Feb 19961,014016.98$17,218
Jan 19961,581017.07$26,988
Dec 19951,973017.19$33,916
Nov 19951,793016.00$28,688
Oct 19951,981015.43$30,567
Sep 19951,813016.18$29,334
Aug 19951,977015.92$31,474
Jul 19951,979015.24$30,160
Jun 19951,945016.41$31,917
May 19951,957017.56$34,365
Apr 19952,112017.73$37,446
Mar 19952,113016.44$34,738
Feb 19951,960016.58$32,497
Jan 19952,347015.92$37,364
Dec 19942,750015.03$41,333
Nov 19942,918015.90$46,396
Oct 19942,901015.58$45,198
Sep 19943,063115.29$46,833
Aug 19942,710116.13$43,712
Jul 19941,942117.56$34,102
Jun 1994179117.09$3,059
May 1994163115.88$2,588
Apr 1994361114.14$5,105
Mar 1994367112.46$4,573
Feb 1994352112.50$4,400
Jan 1994364112.66$4,608
Dec 1993730112.33$9,001
Nov 1993369114.49$5,347
Oct 1993714115.85$11,317
Sep 1993720115.03$10,822
Aug 19931,252115.66$19,606
Jul 19931,257115.46$19,433
Jun 19931,429116.79$23,993
May 19931,428117.68$25,247
Apr 19931,654118.05$29,855
Mar 19931,106118.14$20,063
Feb 1993730117.90$13,067
Jan 1993131116.93$2,218

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 2017 — as filed, then multipliedworked
Oil                  132 bbl  × $ 49.29 =     $6,506
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $6,506

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/28492 is the state's own key, not one this site invented.