BOLEY

Operated by CUMMING COMPANY, INC. THE (P-5 194204) in the GAGE (CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29502District 09Field 33652500OilCasinghead gasSaveExport
Value, all time
$524 k
May 1998 – Apr 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
120
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 12 leases and 13 wells, and the rule below applies to all of them.

Discovered
1957-12-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: 11/1/2000

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
OilDisposition7,784 bbl$111,742
Casinghead gasProduction122,110 Mcf$412,707
Total$524,449

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 33.0281, -97.9612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02815, -97.96120 · 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
5,524 ft
1 wells filed one
Completion to plug
20 months
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 5,524 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Nov 2007
1 of 1 wells

Last completion to plug: a median of 20 months across the 1 well that filed both dates, with the middle half between 20 months and 20 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373837315,524 ftMar 2006Nov 2007Yes

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 (120)

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

120 months

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 2006012157.597.75$938
Jan 2006019060.598.93$1,697
Dec 200506854.9413.42$912
Nov 200509654.6910.59$1,016
Oct 2005029958.3413.80$4,125
Sep 2005016361.4512.08$1,969
Aug 2005013661.519.80$1,332
Jul 2005037055.697.84$2,902
Jun 2005046652.337.38$3,440
May 2005043045.226.65$2,860
Apr 2005048149.207.36$3,540
Mar 2005045750.377.15$3,270
Feb 2005031045.226.31$1,957
Jan 2005027043.166.32$1,707
Dec 2004026939.866.75$1,816
Nov 2004024945.286.33$1,576
Oct 2004028049.706.52$1,824
Sep 200412233543.245.28$7,045
Aug 2004043442.375.55$2,409
Jul 2004026038.286.08$1,582
Jun 2004024236.106.43$1,557
May 200413039337.486.49$7,425
Apr 2004036434.475.86$2,132
Mar 2004034634.365.53$1,913
Feb 2004037232.455.51$2,050
Jan 2004059532.036.30$3,748
Dec 2003058630.266.30$3,693
Nov 2003041528.804.60$1,907
Oct 2003031428.174.76$1,495
Sep 2003045126.314.75$2,142
Aug 2003064029.765.13$3,283
Jul 2003086429.415.17$4,468
Jun 2003075428.565.98$4,511
May 2003081326.595.97$4,856
Apr 2003079126.675.41$4,277
Mar 2003053731.146.10$3,274
Feb 2003044233.487.93$3,503
Jan 2003064930.315.58$3,623
Dec 2002077326.914.85$3,752
Nov 2002074424.664.14$3,078
Oct 200201,00726.464.23$4,259
Sep 2002074027.443.64$2,690
Aug 2002078925.963.16$2,497
Jul 2002079724.583.06$2,440
Jun 2002072723.733.34$2,427
May 2002081824.663.58$2,932
Apr 20021501,03723.653.51$7,190
Mar 200201,06222.003.10$3,295
Feb 200201,04918.222.38$2,492
Jan 2002085117.172.38$2,022
Dec 2001093716.932.36$2,215
Nov 2001091918.072.41$2,211
Oct 2001086419.782.53$2,185
Sep 200112291924.262.25$5,029
Aug 200101,10624.873.05$3,377
Jul 200101,20023.933.20$3,837
Jun 200101,13624.563.82$4,344
May 2001060725.524.31$2,615
Apr 2001041024.685.34$2,187
Mar 200101,25224.545.38$6,731
Feb 200101,48327.755.77$8,553
Jan 2001057427.478.40$4,821
Dec 20001661,29626.889.12$16,285
Nov 200001,64332.215.66$9,296
Oct 200001,93631.235.15$9,962
Sep 200002,08031.875.19$10,788
Aug 20001732,88629.644.54$18,232
Jul 200002,00928.534.09$8,216
Jun 200001,32929.304.40$5,844
May 20001333,46727.263.68$16,383
Apr 200003,57824.513.12$11,149
Mar 200002,57128.422.86$7,352
Feb 200002,15127.622.73$5,865
Jan 200002,23925.272.48$5,554
Dec 19991811,76324.282.42$8,668
Nov 199901,35623.192.43$3,300
Oct 199901,18820.982.80$3,331
Sep 199901,16921.752.62$3,061
Aug 199901,56019.262.88$4,486
Jul 19991562,35717.892.37$8,383
Jun 199901,62115.942.36$3,829
May 19991592,92315.792.32$9,295
Apr 199903,36515.102.21$7,430
Mar 19991763,15712.471.84$7,998
Feb 19993413,3439.981.82$9,480
Jan 19991803,51210.381.90$8,541
Dec 19983404,0489.201.77$10,306
Nov 19983334,97910.892.19$14,509
Oct 19985115,57212.421.97$17,319
Sep 19987945,53112.592.08$21,515
Aug 19981,2055,51711.301.91$24,139
Jul 19981,7694,26911.742.24$30,319
Jun 199864356711.242.24$8,496
May 199807512.622.21$165

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 2006 — as filed, then multipliedworked
Oil                    0 bbl  × $ 57.59 =         $0
Casinghead gas       121 Mcf  × $  7.75 =       $938

────────────────────────────────────────────────────
Month total                                     $938

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/29502 is the state's own key, not one this site invented.