PAYNE-TERRY UNIT

Operated by FELDERHOFF PRODUCTION COMPANY (P-5 265140) in the BIG MINERAL CREEK (VIOLA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29898District 09Field 07988470OilCasinghead gasSaveExport
Value, all time
$580 k
Mar 2001 – Dec 2014
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
166
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 32 leases and 38 wells, and the rule below applies to all of them.

Discovered
2000-08-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-08-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/2011.

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
OilDisposition10,999 bbl$520,557
Casinghead gasProduction9,379 Mcf$59,081
Total$579,638

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 33.7353, -96.7337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.73534, -96.73371 · 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
0.0%
0 of 1 wells
Median depth
11,898 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 11,898 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-18131344111,898 ftJun 2014Yes

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 (166)

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

166 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201499078.303.90$7,752
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014162095.895.06$15,534
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013170088.853.74$15,105
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013182093.964.28$17,101
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013154091.603.42$14,106
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012161079.822.52$12,851
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 2011177083.404.15$14,762
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011194096.364.06$18,694
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010193080.843.80$15,602
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010192072.554.74$13,930
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010189081.694.12$15,439
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010194074.365.96$14,426
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 20091911261.133.46$11,717
Jun 200901866.163.90$70
May 200901754.743.93$67
Apr 20091922246.773.59$9,059
Mar 200901442.144.06$57
Feb 200902032.814.63$93
Jan 20091874335.865.37$6,937
Dec 200805437.105.98$323
Nov 200805055.496.86$343
Oct 200803775.246.92$256
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 2008021110.3110.45$220
Mar 2008074101.909.66$715
Feb 200809192.538.77$798
Jan 20081928590.388.21$18,050
Dec 2007012488.337.30$905
Nov 200709491.677.29$685
Oct 200719311482.856.92$16,779
Sep 200709275.846.24$574
Aug 2007011769.066.39$747
Jul 200718611870.906.39$13,941
Jun 200707862.007.55$589
May 200702158.747.85$165
Apr 20071952659.617.81$11,827
Mar 200704056.927.30$292
Feb 200706555.108.22$534
Jan 200708250.306.73$552
Dec 200620014856.656.92$12,354
Nov 2006016454.207.62$1,249
Oct 2006017054.906.01$1,022
Sep 2006015460.085.04$776
Aug 200618414668.717.34$13,714
Jul 2006015269.376.34$964
Jun 2006012366.286.38$785
May 20061907666.016.42$13,030
Apr 200605664.397.36$412
Mar 200607356.707.08$517
Feb 20061975557.597.75$11,772
Jan 200607360.598.93$652
Dec 2005015454.9413.42$2,066
Nov 200519415954.6910.59$12,293
Oct 2005016058.3413.80$2,207
Sep 2005014261.4512.08$1,715
Aug 200519214761.519.80$13,250
Jul 2005013755.697.84$1,075
Jun 200518512252.337.38$10,582
May 2005014145.226.65$938
Apr 200518714149.207.36$10,238
Mar 2005015750.377.15$1,123
Feb 2005014745.226.31$928
Jan 200519116043.166.32$9,255
Dec 2004012639.866.75$851
Nov 200417411145.286.33$8,581
Oct 2004011249.706.52$730
Sep 20041839643.245.28$8,420
Aug 2004010142.375.55$561
Jul 20041849538.286.08$7,622
Jun 200408936.106.43$573
May 200409837.486.49$636
Apr 2004180034.475.86$6,205
Mar 200417814134.365.53$6,896
Feb 2004012732.455.51$700
Jan 200418214932.036.30$6,768
Dec 2003013530.266.30$851
Nov 200317214128.804.60$5,602
Oct 2003014328.174.76$681
Sep 200317715526.314.75$5,393
Aug 200316711629.765.13$5,565
Jul 200309729.415.17$502
Jun 200316910628.565.98$5,461
May 2003011426.595.97$681
Apr 20031777526.675.41$5,126
Mar 20031908631.146.10$6,441
Feb 200306933.487.93$547
Jan 20031797330.315.58$5,833
Dec 20021886026.914.85$5,350
Nov 20021925924.664.14$4,979
Oct 2002011726.464.23$495
Sep 200217011127.443.64$5,068
Aug 200219410425.963.16$5,365
Jul 200218214324.583.06$4,911
Jun 20021907823.733.34$4,769
May 20021807724.663.58$4,715
Apr 200218010823.653.51$4,636
Mar 200218411022.003.10$4,389
Feb 200201618.222.38$38
Jan 200203617.172.38$86
Dec 20010016.932.36$0
Nov 20011942518.072.41$3,566
Oct 20011846519.782.53$3,804
Sep 20012516524.262.25$6,236
Aug 20013876724.873.05$9,829
Jul 200137815023.933.20$9,525
Jun 20010024.563.82$0
May 200120058525.524.31$7,624
Apr 200131016224.685.34$8,515
Mar 20010024.545.38$0

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 2014 — as filed, then multipliedworked
Oil                   99 bbl  × $ 78.30 =     $7,752
Casinghead gas         0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $7,752

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/29898 is the state's own key, not one this site invented.