EDWARDS

Name: EDWARDS lease production and value, Oct 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LANE OPERATING COMPANY (P-5 484815) in the BUFFALO SPRINGS, SOUTH (ELLEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29034District 09Field 13132600OilCasinghead gasSave Export

Value, all time

$1.3 M

Oct 1995 – Aug 2018

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

275

no gaps in the span

Streams

oil, casinghead gas

The BUFFALO SPRINGS, SOUTH (ELLEN) field

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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered

1980-09-02

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.

Stream	Basis	Volume	Value
Oil	Disposition	32,300 bbl	$1,282,830
Casinghead gas	Production	19,536 Mcf	$62,669
Total			$1,345,499

5,384 Mcf of this lease's gas, across 15 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 (2)

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 33.5107, -98.1604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

33.51070, -98.16039 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

6,700 ft

2 wells filed one

Completion to plug

11.8 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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 6,700 and 6,700 ft, median 6,700 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1995 – Aug 2012

2 of 2 wells

Plug dates filed

Oct 2013 – Jan 2018

2 of 2 wells

Last completion to plug: a median of 11.8 years across the 2 wells that filed both dates, with the middle half between 8.6 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-07735145	4	6,700 ft	Aug 2012	Jan 2018	Yes
42-07734616	2	6,700 ft	Oct 1995	Oct 2013	Yes

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 (275)

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

275 months


Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	57	0	61.78	2.77	$3,521
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	2	0	43.87	3.09	$88
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	78	0	40.16	2.87	$3,132
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	173	0	95.94	4.81	$16,598
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	176	0	104.25	3.52	$18,348
Jul 2013	0	9	102.52	3.72	$33
Jun 2013	0	0	94.40	3.93	$0
May 2013	178	0	94.83	4.15	$16,880
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	174	0	91.23	3.42	$15,874
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	356	0	86.77	3.42	$30,890
Nov 2012	2	0	86.95	3.62	$174
Oct 2012	344	0	89.38	3.40	$30,747
Sep 2012	173	0	94.67	2.92	$16,378
Aug 2012	320	0	92.66	2.91	$29,651
Jul 2012	1	0	85.13	3.02	$85
Jun 2012	0	0	79.82	2.52	$0
May 2012	175	0	91.61	2.49	$16,032
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	173	84	105.05	2.22	$18,360
Feb 2012	4	90	101.10	2.57	$636
Jan 2012	179	27	98.09	2.73	$17,632
Dec 2011	0	92	96.87	3.24	$298
Nov 2011	0	25	95.72	3.31	$83
Oct 2011	173	0	84.98	3.65	$14,702
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	171	0	83.40	4.15	$14,261
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	172	0	98.13	4.40	$16,878
Apr 2011	171	0	105.96	4.33	$18,119
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	40	85.64	4.18	$167
Jan 2011	179	94	86.50	4.59	$15,915
Dec 2010	0	87	85.73	4.35	$378
Nov 2010	175	63	80.84	3.80	$14,386
Oct 2010	179	22	78.10	3.51	$14,057
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	168	0	72.55	4.74	$12,188
Jun 2010	0	0	70.36	4.91	$0
May 2010	169	0	71.12	4.24	$12,019
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	175	0	78.39	4.39	$13,718
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	174	0	74.36	5.96	$12,939
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	178	24	72.54	4.11	$13,011
Sep 2009	0	62	65.54	3.06	$190
Aug 2009	176	0	67.42	3.22	$11,866
Jul 2009	0	39	61.13	3.46	$135
Jun 2009	175	9	66.16	3.90	$11,613
May 2009	0	40	54.74	3.93	$157
Apr 2009	100	73	46.77	3.59	$4,939
Mar 2009	167	0	42.14	4.06	$7,037
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	183	111	35.86	5.37	$7,159
Dec 2008	0	127	37.10	5.98	$759
Nov 2008	175	81	55.49	6.86	$10,266
Oct 2008	0	50	75.24	6.92	$346
Sep 2008	183	0	101.76	7.88	$18,622
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	185	69	131.08	11.39	$25,036
Jun 2008	186	93	131.33	13.03	$25,639
May 2008	0	125	123.17	11.57	$1,447
Apr 2008	178	125	110.31	10.45	$20,942
Mar 2008	0	99	101.90	9.66	$957
Feb 2008	0	164	92.53	8.77	$1,438
Jan 2008	179	123	90.38	8.21	$17,187
Dec 2007	183	125	88.33	7.30	$17,077
Nov 2007	0	67	91.67	7.29	$489
Oct 2007	0	171	82.85	6.92	$1,184
Sep 2007	183	103	75.84	6.24	$14,522
Aug 2007	170	70	69.06	6.39	$12,187
Jul 2007	157	13	70.90	6.39	$11,214
Jun 2007	0	0	62.00	7.55	$0
May 2007	179	18	58.74	7.85	$10,656
Apr 2007	0	103	59.61	7.81	$804
Mar 2007	174	101	56.92	7.30	$10,642
Feb 2007	0	70	55.10	8.22	$575
Jan 2007	194	164	50.30	6.73	$10,861
Dec 2006	204	164	56.65	6.92	$12,691
Nov 2006	0	121	54.20	7.62	$922
Oct 2006	202	161	54.90	6.01	$12,058
Sep 2006	3	29	60.08	5.04	$326
Aug 2006	198	92	68.71	7.34	$14,280
Jul 2006	193	0	69.37	6.34	$13,388
Jun 2006	0	12	66.28	6.38	$77
May 2006	184	57	66.01	6.42	$12,512
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	198	6	56.70	7.08	$11,269
Feb 2006	187	52	57.59	7.75	$11,172
Jan 2006	160	82	60.59	8.93	$10,427
Dec 2005	0	134	54.94	13.42	$1,798
Nov 2005	192	43	54.69	10.59	$10,956
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	191	0	61.45	12.08	$11,737
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	188	0	55.69	7.84	$10,470
Jun 2005	0	84	52.33	7.38	$620
May 2005	190	43	45.22	6.65	$8,878
Apr 2005	190	9	49.20	7.36	$9,414
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	193	0	45.22	6.31	$8,727
Jan 2005	191	0	43.16	6.32	$8,244
Dec 2004	190	54	39.86	6.75	$7,938
Nov 2004	0	71	45.28	6.33	$449
Oct 2004	156	58	49.70	6.52	$8,131
Sep 2004	188	80	43.24	5.28	$8,552
Aug 2004	0	63	42.37	5.55	$350
Jul 2004	167	41	38.28	6.08	$6,642
Jun 2004	190	109	36.10	6.43	$7,560
May 2004	196	131	37.48	6.49	$8,197
Apr 2004	196	126	34.47	5.86	$7,494
Mar 2004	192	82	34.36	5.53	$7,051
Feb 2004	0	56	32.45	5.51	$309
Jan 2004	188	104	32.03	6.30	$6,677
Dec 2003	54	60	30.26	6.30	$2,012
Nov 2003	195	21	28.80	4.60	$5,713
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	182	0	29.76	5.13	$5,416
Jul 2003	79	0	29.41	5.17	$2,323
Jun 2003	180	0	28.56	5.98	$5,141
May 2003	182	0	26.59	5.97	$4,839
Apr 2003	176	0	26.67	5.41	$4,694
Mar 2003	0	35	31.14	6.10	$213
Feb 2003	181	90	33.48	7.93	$6,773
Jan 2003	179	143	30.31	5.58	$6,224
Dec 2002	178	131	26.91	4.85	$5,426
Nov 2002	0	146	24.66	4.14	$604
Oct 2002	180	137	26.46	4.23	$5,342
Sep 2002	168	128	27.44	3.64	$5,075
Aug 2002	177	156	25.96	3.16	$5,089
Jul 2002	172	153	24.58	3.06	$4,696
Jun 2002	181	116	23.73	3.34	$4,682
May 2002	177	146	24.66	3.58	$4,888
Apr 2002	177	91	23.65	3.51	$4,506
Mar 2002	175	131	22.00	3.10	$4,256
Feb 2002	182	135	18.22	2.38	$3,637
Jan 2002	182	95	17.17	2.38	$3,351
Dec 2001	182	104	16.93	2.36	$3,327
Nov 2001	0	115	18.07	2.41	$277
Oct 2001	341	68	19.78	2.53	$6,917
Sep 2001	0	124	24.26	2.25	$279
Aug 2001	170	143	24.87	3.05	$4,665
Jul 2001	174	139	23.93	3.20	$4,608
Jun 2001	0	84	24.56	3.82	$321
May 2001	176	151	25.52	4.31	$5,142
Apr 2001	127	96	24.68	5.34	$3,647
Mar 2001	194	8	24.54	5.38	$4,804
Feb 2001	186	23	27.75	5.77	$5,294
Jan 2001	251	20	27.47	8.40	$7,063
Dec 2000	0	34	26.88	9.12	$310
Nov 2000	260	46	32.21	5.66	$8,635
Oct 2000	177	77	31.23	5.15	$5,924
Sep 2000	0	96	31.87	5.19	$498
Aug 2000	238	97	29.64	4.54	$7,495
Jul 2000	261	42	28.53	4.09	$7,618
Jun 2000	0	74	29.30	4.40	$325
May 2000	256	109	27.26	3.68	$7,380
Apr 2000	216	76	24.51	3.12	$5,531
Mar 2000	194	37	28.42	2.86	$5,619
Feb 2000	0	1	27.62	2.73	$3
Jan 2000	177	1	25.27	2.48	$4,475
Dec 1999	228	2	24.28	2.42	$5,541
Nov 1999	212	0	23.19	2.43	$4,916
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	251	0	21.75	2.62	$5,459
Aug 1999	234	1	19.26	2.88	$4,510
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	264	28	15.94	2.36	$4,274
May 1999	236	28	15.79	2.32	$3,791
Apr 1999	243	67	15.10	2.21	$3,817
Mar 1999	208	95	12.47	1.84	$2,768
Feb 1999	216	99	9.98	1.82	$2,336
Jan 1999	227	84	10.38	1.90	$2,516
Dec 1998	254	82	9.20	1.77	$2,482
Nov 1998	224	112	10.89	2.19	$2,684
Oct 1998	236	140	12.42	1.97	$3,207
Sep 1998	461	157	12.59	2.08	$6,131
Aug 1998	212	200	11.30	1.91	$2,777
Jul 1998	0	83	11.74	2.24	$186
Jun 1998	249	63	11.24	2.24	$2,940
May 1998	151	34	12.62	2.21	$1,981
Apr 1998	0	54	13.04	2.51	$135
Mar 1998	204	85	12.80	2.31	$2,808
Feb 1998	187	50	13.95	2.30	$2,724
Jan 1998	138	110	14.70	2.15	$2,266
Dec 1997	219	214	16.32	2.41	$4,090
Nov 1997	354	278	18.19	3.09	$7,298
Oct 1997	184	253	19.25	3.15	$4,339
Sep 1997	397	337	17.74	2.95	$8,039
Aug 1997	196	329	17.86	2.55	$4,341
Jul 1997	239	343	17.58	2.25	$4,972
Jun 1997	465	306	17.24	2.26	$8,707
May 1997	434	314	18.97	2.31	$8,958
Apr 1997	241	289	17.88	2.08	$4,911
Mar 1997	401	350	18.95	1.94	$8,278
Feb 1997	431	356	20.49	2.21	$9,616
Jan 1997	386	413	23.48	3.54	$10,525
Dec 1996	675	299	23.32	—	$15,741
Nov 1996	520	378	21.97	—	$11,424
Oct 1996	494	440	23.31	—	$11,515
Sep 1996	689	202	22.22	—	$15,310
Aug 1996	0	45	20.26	—	$0
Jul 1996	401	45	19.55	—	$7,840
Jun 1996	0	43	18.73	—	$0
May 1996	280	45	19.43	—	$5,440
Apr 1996	307	36	21.51	—	$6,604
Mar 1996	201	237	19.38	—	$3,895
Feb 1996	156	366	16.98	—	$2,649
Jan 1996	231	403	17.07	—	$3,943
Dec 1995	0	532	17.19	—	$0
Nov 1995	403	962	16.00	—	$6,448
Oct 1995	121	1,351	15.43	—	$1,867

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 2018 — as filed, then multipliedworked

Oil                   57 bbl  × $ 61.78 =     $3,521
Casinghead gas         0 Mcf  × $  2.77 =         $0

────────────────────────────────────────────────────
Month total                                   $3,521

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/29034 is the state's own key, not one this site invented.