BANES

Operated by JONES, L. E. OPERATING, INC. (P-5 443122) in the SIVELLS BEND field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31765District 09Field 83816001OilSaveExport
Value, all time
$3.7 M
Sep 2010 – May 2026
Value, last 12 filed months
$243 k
at the published price for each month
Months reported
189
no gaps in the span
Streams
1
oil

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 44 leases and 212 wells, and the rule below applies to all of them.

Discovered
1944-11-30
as the register files it
Field class
Oil
the register's own label
Between wells
933 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 2011-05-09.

The Commission's schedule remark for this field reads: 5/9/11, CORRELATIVE INTERVAL 5230-7500 FT.

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
OilDisposition49,862 bbl$3,687,058
Total$3,687,058

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 33.8452, -97.1758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.84519, -97.17584 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,988 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
2100.0%

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 8,750 and 9,225 ft, median 8,988 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2010 – Dec 2011
2 of 2 wells

2 wells

42-0973436928,750 ftDec 2011
42-0973417819,225 ftSep 2010

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 (189)

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

189 months

May 2026371106.413.05$39,478
Apr 202636598.932.87$36,109
Mar 202637989.753.15$34,015
Feb 202636663.503.75$23,241
Jan 202637759.138.00$22,292
Dec 202537356.664.41$21,134
Nov 202537158.593.93$21,737
Oct 202536559.383.30$21,674
Sep 202519062.743.08$11,921
Aug 202518163.933.01$11,571
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 202517462.363.54$10,851
Mar 202537067.704.27$25,049
Feb 202519470.884.34$13,751
Jan 202536974.324.28$27,424
Dec 202437268.993.12$25,664
Nov 202418769.052.20$12,912
Oct 202435271.372.28$25,122
Sep 202436169.612.36$25,129
Aug 202416775.632.06$12,630
Jul 202436279.932.15$28,935
Jun 202416278.082.63$12,649
May 202435278.812.20$27,741
Apr 202435084.451.66$29,558
Mar 202417680.301.55$14,133
Feb 202436076.091.78$27,392
Jan 202434473.023.30$25,119
Dec 202317171.262.61$12,185
Nov 202336477.892.81$28,352
Oct 202333585.443.09$28,622
Sep 202333289.042.74$29,561
Aug 202317180.522.67$13,769
Jul 202335874.852.64$26,796
Jun 202317668.962.26$12,137
May 202334670.622.23$24,435
Apr 202316078.122.24$12,499
Mar 202334072.852.39$24,769
Feb 202334175.112.47$25,613
Jan 202316476.533.39$12,551
Dec 202235276.415.73$26,896
Nov 202235585.005.65$30,175
Oct 202234187.185.86$29,728
Sep 202216884.888.16$14,260
Aug 202235094.529.13$33,082
Jul 2022167101.587.54$16,964
Jun 2022326115.097.98$37,519
May 2022358109.378.43$39,154
Apr 2022500104.226.84$52,110
Mar 2022175108.885.08$19,054
Feb 202218291.054.86$16,571
Jan 202217081.844.54$13,913
Dec 202135671.323.90$25,390
Nov 202133477.435.24$25,862
Oct 202116779.795.71$13,325
Sep 202133469.865.35$23,333
Aug 202133366.024.22$21,985
Jul 202116870.783.98$11,891
Jun 202117469.493.38$12,091
May 202118463.483.02$11,680
Apr 202136760.362.76$22,152
Mar 202133861.302.72$20,719
Feb 202119057.805.55$10,982
Jan 202118550.412.81$9,326
Dec 202034444.642.68$15,356
Nov 202017338.772.71$6,707
Oct 202034136.972.48$12,607
Sep 202018337.091.99$6,787
Aug 202034439.982.39$13,753
Jul 202035738.371.83$13,698
Jun 202034734.901.69$12,110
May 2020016.921.81$0
Apr 202017414.751.80$2,567
Mar 202029130.341.86$8,829
Feb 202034449.881.98$17,159
Jan 202017357.252.09$9,904
Dec 201917259.012.30$10,150
Nov 201934355.302.75$18,968
Oct 201917253.472.42$9,197
Sep 201934155.052.66$18,772
Aug 201917153.112.30$9,082
Jul 201916956.272.46$9,510
Jun 201934052.782.49$17,945
May 201917058.482.74$9,942
Apr 201916662.632.75$10,397
Mar 201934056.803.06$19,312
Feb 201917750.852.79$9,000
Jan 201934646.033.23$15,926
Dec 201833146.594.19$15,421
Nov 201833852.934.24$17,890
Oct 201815761.443.40$9,646
Sep 201850359.543.11$29,949
Aug 201816359.403.07$9,682
Jul 201817165.142.93$11,139
Jun 201850860.183.08$30,571
May 201816865.382.90$10,984
Apr 201815963.842.90$10,151
Mar 201850161.222.79$30,671
Feb 201816961.782.77$10,441
Jan 201850862.874.01$31,938
Dec 201732057.272.92$18,326
Nov 201733455.423.12$18,510
Oct 2017049.292.98$0
Sep 201733447.523.09$15,872
Aug 201734345.373.00$15,562
Jul 2017043.873.09$0
Jun 201733542.493.09$14,234
May 201733745.373.26$15,290
Apr 201716847.933.21$8,052
Mar 201717346.772.98$8,091
Feb 201733650.452.95$16,951
Jan 201733449.413.42$16,503
Dec 201616948.763.72$8,240
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 201617427.352.36$4,759
Dec 201517032.362.00$5,501
Nov 201517038.792.17$6,594
Oct 2015043.552.43$0
Sep 201516642.992.76$7,136
Aug 201516840.162.87$6,747
Jul 201516948.152.95$8,137
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 201515049.822.71$7,473
Mar 201534142.892.93$14,625
Feb 2015044.662.98$0
Jan 201517143.433.10$7,427
Dec 201416854.693.59$9,188
Nov 201417170.464.25$12,049
Oct 2014078.303.90$0
Sep 201417286.164.05$14,820
Aug 201416789.394.04$14,928
Jul 201416896.564.18$16,222
Jun 201417098.164.74$16,687
May 201416994.734.73$16,009
Apr 201416895.944.81$16,118
Mar 201417195.895.06$16,397
Feb 201417097.406.19$16,558
Jan 201434090.404.86$30,736
Dec 201317891.824.35$16,344
Nov 201317088.853.74$15,105
Oct 201334697.423.78$33,707
Sep 2013170104.113.72$17,699
Aug 2013178104.253.52$18,557
Jul 2013168102.523.72$17,223
Jun 201317594.403.93$16,520
May 201332494.834.15$30,725
Apr 201317593.964.28$16,443
Mar 201331893.623.91$29,771
Feb 201334191.233.42$31,109
Jan 201317891.603.42$16,305
Dec 201235186.773.42$30,456
Nov 201234786.953.62$30,172
Oct 201217589.383.40$15,642
Sep 201250594.672.92$47,808
Aug 201234692.662.91$32,060
Jul 201234585.133.02$29,370
Jun 201235579.822.52$28,336
May 201235091.612.49$32,064
Apr 2012336101.652.00$34,154
Mar 2012527105.052.22$55,361
Feb 2012683101.102.57$69,051
Jan 201270298.092.73$68,859
Dec 201162996.873.24$60,931
Nov 201169595.723.31$66,525
Oct 201168884.983.65$58,466
Sep 201187683.623.99$73,251
Aug 20111,10883.404.15$92,407
Jul 20111,20694.144.52$113,533
Jun 201134792.904.64$32,236
May 201117198.134.40$16,780
Apr 20110105.964.33$0
Mar 201117696.364.06$16,959
Feb 201117385.644.18$14,816
Jan 201117586.504.59$15,138
Dec 201017185.734.35$14,660
Nov 201017480.843.80$14,066
Oct 201068678.103.51$53,577
Sep 201047272.633.98$34,281

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.

May 2026 — as filed, then multipliedworked
Oil                  371 bbl  × $106.41 =    $39,478

────────────────────────────────────────────────────
Month total                                  $39,478

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/31765 is the state's own key, not one this site invented.