PAYNE RANCH

Operated by EOG RESOURCES, INC. (P-5 253162) in the ST. JO RIDGE (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30921District 09Field 79656050OilCasinghead gasSaveExport
Value, all time
$4.0 M
Oct 2007 – Jan 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
136
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 69 leases and 78 wells, and the rule below applies to all of them.

Discovered
2001-09-07
as the register files it
Field class
Oil and gas
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. The field rule took effect on 2006-03-14.

The Commission's schedule remark for this field reads: WITHIN DESIGN. INTERVAL OF FIELD, WHICH IS 7410'-8370'.

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
OilDisposition40,305 bbl$3,493,266
Casinghead gasProduction97,774 Mcf$548,326
Total$4,041,592

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 33.6896, -97.5421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.68961, -97.54205 · 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
7,550 ft
1 wells filed one
Completion to plug
10.9 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 7,550 ft.

Completions filed
Oct 2007
1 of 1 wells
Plug dates filed
Sep 2018
1 of 1 wells

Last completion to plug: a median of 10.9 years across the 1 well that filed both dates, with the middle half between 10.9 years and 10.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-337339151H7,550 ftOct 2007Sep 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 (136)

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

136 months

Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
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 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201704345.373.00$129
Jul 20170043.873.09$0
Jun 201703142.493.09$96
May 201705145.373.26$166
Apr 20170047.933.21$0
Mar 201704246.772.98$125
Feb 201706450.452.95$189
Jan 201701349.413.42$44
Dec 20160048.763.72$0
Nov 201604742.492.64$124
Oct 201604946.193.09$151
Sep 20160041.553.10$0
Aug 201604841.442.92$140
Jul 201604641.622.92$135
Jun 20160045.352.69$0
May 201606242.521.99$123
Apr 201601636.561.99$32
Mar 20160033.011.79$0
Feb 201603226.472.06$66
Jan 201601027.352.36$24
Dec 201501932.362.00$38
Nov 20150638.792.17$13
Oct 201505343.552.43$129
Sep 20150042.992.76$0
Aug 2015521040.162.87$2,117
Jul 20151732448.152.95$8,401
Jun 201502456.152.88$69
May 20150955.212.96$27
Apr 20150849.822.71$22
Mar 201502242.892.93$65
Feb 201502144.662.98$63
Jan 201518010043.433.10$8,127
Dec 20140754.693.59$25
Nov 201401370.464.25$55
Oct 20140678.303.90$23
Sep 2014019786.164.05$797
Aug 201416947189.394.04$17,007
Jul 201433746596.564.18$34,484
Jun 201417535598.164.74$18,860
May 201435742894.734.73$35,842
Apr 201411495.944.81$163
Mar 201435347095.895.06$36,226
Feb 201417854697.406.19$20,718
Jan 201401290.404.86$58
Dec 20130091.824.35$0
Nov 201336419788.853.74$33,078
Oct 201318140497.423.78$19,160
Sep 2013049104.113.72$182
Aug 20130159104.253.52$560
Jul 2013175549102.523.72$19,982
Jun 201318343094.403.93$18,967
May 201317869494.834.15$19,759
Apr 201317881393.964.28$20,207
Mar 201317083193.623.91$19,167
Feb 201334274891.233.42$33,759
Jan 20133431,58891.603.42$36,850
Dec 20121701,20286.773.42$18,862
Nov 201234637886.953.62$31,455
Oct 20120489.383.40$14
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201217011385.133.02$14,813
Jun 20121741,15779.822.52$16,803
May 20121691,23891.612.49$18,563
Apr 2012179949101.652.00$20,090
Mar 20123461,213105.052.22$39,043
Feb 20121701,046101.102.57$19,875
Jan 20123481,22698.092.73$37,487
Dec 201151897496.873.24$53,334
Nov 20111751,12295.723.31$20,466
Oct 201101,27884.983.65$4,663
Sep 201117673883.623.99$17,659
Aug 201101,17583.404.15$4,875
Jul 20113491,27294.144.52$38,601
Jun 201116941192.904.64$17,607
May 201134325498.134.40$34,777
Apr 2011169411105.964.33$19,688
Mar 20113461,24096.364.06$38,372
Feb 20113471,00685.644.18$33,922
Jan 20115161,28086.504.59$50,508
Dec 20100085.734.35$0
Nov 2010066680.843.80$2,528
Oct 20103421,64878.103.51$32,493
Sep 20103371,60372.633.98$30,855
Aug 20108711,61873.684.42$71,326
Jul 2010012072.554.74$568
Jun 201051460970.364.91$39,155
May 20101711,17671.124.24$17,142
Apr 20100081.694.12$0
Mar 201016831978.394.39$14,570
Feb 20105281,32673.585.44$46,067
Jan 20108671,63974.365.96$74,245
Dec 200901,03871.445.48$5,692
Nov 20090074.593.75$0
Oct 200918086672.544.11$16,617
Sep 20093511,60365.543.06$27,917
Aug 20093511,76667.423.22$29,348
Jul 20095261,85061.133.46$38,564
Jun 20093571,86666.163.90$30,887
May 20095251,96954.743.93$36,468
Apr 20095332,06346.773.59$32,329
Mar 20093641,94742.144.06$23,242
Feb 20095252,30232.814.63$27,890
Jan 20095302,49735.865.37$32,417
Dec 20085234,37637.105.98$45,559
Nov 20088794,60955.496.86$80,395
Oct 20085391,16975.246.92$48,646
Sep 20087001,256101.767.88$81,126
Aug 20087091,287114.228.48$91,900
Jul 20087091,640131.0811.39$111,614
Jun 20087191,518131.3313.03$114,210
May 20088912,187123.1711.57$135,057
Apr 20088821,955110.3110.45$117,733
Mar 20081,2472,349101.909.66$149,770
Feb 20081,8053,34192.538.77$196,319
Jan 20082,1413,66490.388.21$223,569
Dec 20075,1583,75688.337.30$483,032
Nov 20074,4702,65191.677.29$429,095
Oct 20071,6241,54282.856.92$145,222

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.

Aug 2017 — as filed, then multipliedworked
Oil                    0 bbl  × $ 45.37 =         $0
Casinghead gas        43 Mcf  × $  3.00 =       $129

────────────────────────────────────────────────────
Month total                                     $129

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/30921 is the state's own key, not one this site invented.