PAYNE

Name: PAYNE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CIMAREX ENERGY CO. OF COLORADO (P-5 153429) in the CREE-FLOWERS (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 131778District 10Field 21617750Hydrogen sulphide fieldGasSave Export

Value, all time

$773 k

Jan 1993 – Jan 2012

Value, last 12 filed months

$769

at the published price for each month

Months reported

229

no gaps in the span

Streams

gas

The CREE-FLOWERS (WOLFCAMP) 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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered

1985-11-09

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED EFF. 8/1/93”

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
Gas	Production	282,869 Mcf	$773,167
Total			$773,167

95,450 Mcf of this lease's gas, across 48 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 (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 35.9038, -100.7716. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.90380, -100.77162 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,300 ft

1 wells filed one

Completion to plug

22.8 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 6,300 ft.

Completions filed

Apr 1989

1 of 1 wells

Plug dates filed

Jan 2012

1 of 1 wells

Last completion to plug: a median of 22.8 years across the 1 well that filed both dates, with the middle half between 22.8 years and 22.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39331108	2A	6,300 ft	Apr 1989	Jan 2012	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 (229)

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

229 months


Jan 2012	17	98.09	2.73	$46
Dec 2011	17	96.87	3.24	$55
Nov 2011	15	95.72	3.31	$50
Oct 2011	17	84.98	3.65	$62
Sep 2011	16	83.62	3.99	$64
Aug 2011	18	83.40	4.15	$75
Jul 2011	16	94.14	4.52	$72
Jun 2011	15	92.90	4.64	$70
May 2011	17	98.13	4.40	$75
Apr 2011	22	105.96	4.33	$95
Mar 2011	26	96.36	4.06	$105
Feb 2011	0	85.64	4.18	$0
Jan 2011	31	86.50	4.59	$142
Dec 2010	57	85.73	4.35	$248
Nov 2010	75	80.84	3.80	$285
Oct 2010	70	78.10	3.51	$246
Sep 2010	64	72.63	3.98	$255
Aug 2010	93	73.68	4.42	$411
Jul 2010	51	72.55	4.74	$242
Jun 2010	91	70.36	4.91	$447
May 2010	88	71.12	4.24	$373
Apr 2010	172	81.69	4.12	$709
Mar 2010	256	78.39	4.39	$1,124
Feb 2010	204	73.58	5.44	$1,110
Jan 2010	240	74.36	5.96	$1,431
Dec 2009	237	71.44	5.48	$1,300
Nov 2009	233	74.59	3.75	$874
Oct 2009	226	72.54	4.11	$929
Sep 2009	252	65.54	3.06	$772
Aug 2009	238	67.42	3.22	$766
Jul 2009	139	61.13	3.46	$482
Jun 2009	122	66.16	3.90	$475
May 2009	166	54.74	3.93	$652
Apr 2009	162	46.77	3.59	$581
Mar 2009	172	42.14	4.06	$698
Feb 2009	158	32.81	4.63	$732
Jan 2009	186	35.86	5.37	$999
Dec 2008	179	37.10	5.98	$1,070
Nov 2008	180	55.49	6.86	$1,235
Oct 2008	203	75.24	6.92	$1,405
Sep 2008	219	101.76	7.88	$1,725
Aug 2008	223	114.22	8.48	$1,892
Jul 2008	196	131.08	11.39	$2,232
Jun 2008	177	131.33	13.03	$2,307
May 2008	209	123.17	11.57	$2,419
Apr 2008	157	110.31	10.45	$1,641
Mar 2008	115	101.90	9.66	$1,111
Feb 2008	119	92.53	8.77	$1,044
Jan 2008	155	90.38	8.21	$1,272
Dec 2007	145	88.33	7.30	$1,059
Nov 2007	131	91.67	7.29	$955
Oct 2007	153	82.85	6.92	$1,059
Sep 2007	165	75.84	6.24	$1,030
Aug 2007	143	69.06	6.39	$913
Jul 2007	218	70.90	6.39	$1,393
Jun 2007	209	62.00	7.55	$1,578
May 2007	469	58.74	7.85	$3,680
Apr 2007	12	59.61	7.81	$94
Mar 2007	54	56.92	7.30	$394
Feb 2007	126	55.10	8.22	$1,035
Jan 2007	859	50.30	6.73	$5,778
Dec 2006	314	56.65	6.92	$2,172
Nov 2006	1,151	54.20	7.62	$8,768
Oct 2006	1,623	54.90	6.01	$9,760
Sep 2006	885	60.08	5.04	$4,458
Aug 2006	1,583	68.71	7.34	$11,619
Jul 2006	1,619	69.37	6.34	$10,269
Jun 2006	1,372	66.28	6.38	$8,759
May 2006	91	66.01	6.42	$585
Apr 2006	9	64.39	7.36	$66
Mar 2006	286	56.70	7.08	$2,026
Feb 2006	1,023	57.59	7.75	$7,929
Jan 2006	38	60.59	8.93	$339
Dec 2005	90	54.94	13.42	$1,207
Nov 2005	148	54.69	10.59	$1,567
Oct 2005	72	58.34	13.80	$993
Sep 2005	37	61.45	12.08	$447
Aug 2005	334	61.51	9.80	$3,272
Jul 2005	487	55.69	7.84	$3,820
Jun 2005	613	52.33	7.38	$4,525
May 2005	1,030	45.22	6.65	$6,851
Apr 2005	1,297	49.20	7.36	$9,547
Mar 2005	1,396	50.37	7.15	$9,988
Feb 2005	1,195	45.22	6.31	$7,543
Jan 2005	1,322	43.16	6.32	$8,358
Dec 2004	1,302	39.86	6.75	$8,790
Nov 2004	1,339	45.28	6.33	$8,476
Oct 2004	1,394	49.70	6.52	$9,082
Sep 2004	1,393	43.24	5.28	$7,360
Aug 2004	1,465	42.37	5.55	$8,132
Jul 2004	1,456	38.28	6.08	$8,859
Jun 2004	1,421	36.10	6.43	$9,141
May 2004	1,476	37.48	6.49	$9,586
Apr 2004	1,482	34.47	5.86	$8,682
Mar 2004	1,330	34.36	5.53	$7,355
Feb 2004	1,275	32.45	5.51	$7,025
Jan 2004	1,364	32.03	6.30	$8,593
Dec 2003	1,408	30.26	6.30	$8,873
Nov 2003	1,346	28.80	4.60	$6,185
Oct 2003	1,449	28.17	4.76	$6,897
Sep 2003	1,484	26.31	4.75	$7,048
Aug 2003	1,536	29.76	5.13	$7,879
Jul 2003	1,467	29.41	5.17	$7,586
Jun 2003	1,418	28.56	5.98	$8,484
May 2003	1,527	26.59	5.97	$9,120
Apr 2003	1,421	26.67	5.41	$7,684
Mar 2003	1,423	31.14	6.10	$8,675
Feb 2003	1,423	33.48	7.93	$11,279
Jan 2003	1,610	30.31	5.58	$8,987
Dec 2002	1,346	26.91	4.85	$6,533
Nov 2002	1,509	24.66	4.14	$6,243
Oct 2002	1,483	26.46	4.23	$6,272
Sep 2002	1,474	27.44	3.64	$5,358
Aug 2002	1,549	25.96	3.16	$4,901
Jul 2002	1,569	24.58	3.06	$4,804
Jun 2002	1,445	23.73	3.34	$4,824
May 2002	1,594	24.66	3.58	$5,713
Apr 2002	1,565	23.65	3.51	$5,497
Mar 2002	1,606	22.00	3.10	$4,983
Feb 2002	1,423	18.22	2.38	$3,381
Jan 2002	1,479	17.17	2.38	$3,514
Dec 2001	1,522	16.93	2.36	$3,599
Nov 2001	1,608	18.07	2.41	$3,868
Oct 2001	1,619	19.78	2.53	$4,094
Sep 2001	1,634	24.26	2.25	$3,679
Aug 2001	1,652	24.87	3.05	$5,044
Jul 2001	1,646	23.93	3.20	$5,262
Jun 2001	1,586	24.56	3.82	$6,065
May 2001	1,635	25.52	4.31	$7,042
Apr 2001	1,681	24.68	5.34	$8,969
Mar 2001	1,571	24.54	5.38	$8,446
Feb 2001	1,449	27.75	5.77	$8,357
Jan 2001	1,668	27.47	8.40	$14,009
Dec 2000	1,671	26.88	9.12	$15,244
Nov 2000	1,640	32.21	5.66	$9,279
Oct 2000	1,768	31.23	5.15	$9,097
Sep 2000	1,684	31.87	5.19	$8,734
Aug 2000	1,738	29.64	4.54	$7,892
Jul 2000	1,770	28.53	4.09	$7,239
Jun 2000	1,718	29.30	4.40	$7,554
May 2000	1,758	27.26	3.68	$6,469
Apr 2000	1,720	24.51	3.12	$5,360
Mar 2000	1,783	28.42	2.86	$5,099
Feb 2000	1,725	27.62	2.73	$4,703
Jan 2000	1,847	25.27	2.48	$4,581
Dec 1999	1,876	24.28	2.42	$4,547
Nov 1999	1,856	23.19	2.43	$4,517
Oct 1999	1,856	20.98	2.80	$5,204
Sep 1999	1,829	21.75	2.62	$4,790
Aug 1999	1,741	19.26	2.88	$5,006
Jul 1999	1,861	17.89	2.37	$4,415
Jun 1999	1,979	15.94	2.36	$4,675
May 1999	2,052	15.79	2.32	$4,763
Apr 1999	2,021	15.10	2.21	$4,462
Mar 1999	2,051	12.47	1.84	$3,770
Feb 1999	2,035	9.98	1.82	$3,699
Jan 1999	1,838	10.38	1.90	$3,492
Dec 1998	1,321	9.20	1.77	$2,343
Nov 1998	1,280	10.89	2.19	$2,798
Oct 1998	1,573	12.42	1.97	$3,098
Sep 1998	1,572	12.59	2.08	$3,274
Aug 1998	1,882	11.30	1.91	$3,590
Jul 1998	1,935	11.74	2.24	$4,329
Jun 1998	1,944	11.24	2.24	$4,349
May 1998	2,103	12.62	2.21	$4,640
Apr 1998	1,936	13.04	2.51	$4,850
Mar 1998	2,100	12.80	2.31	$4,850
Feb 1998	1,819	13.95	2.30	$4,182
Jan 1998	2,099	14.70	2.15	$4,523
Dec 1997	2,033	16.32	2.41	$4,902
Nov 1997	2,156	18.19	3.09	$6,658
Oct 1997	2,200	19.25	3.15	$6,930
Sep 1997	2,178	17.74	2.95	$6,436
Aug 1997	1,763	17.86	2.55	$4,504
Jul 1997	2,240	17.58	2.25	$5,033
Jun 1997	2,222	17.24	2.26	$5,016
May 1997	2,199	18.97	2.31	$5,076
Apr 1997	1,160	17.88	2.08	$2,416
Mar 1997	1,971	18.95	1.94	$3,822
Feb 1997	1,651	20.49	2.21	$3,642
Jan 1997	1,933	23.48	3.54	$6,842
Dec 1996	1,945	23.32	—	$0
Nov 1996	1,933	21.97	—	$0
Oct 1996	2,016	23.31	—	$0
Sep 1996	1,973	22.22	—	$0
Aug 1996	2,465	20.26	—	$0
Jul 1996	1,442	19.55	—	$0
Jun 1996	1,579	18.73	—	$0
May 1996	1,768	19.43	—	$0
Apr 1996	1,883	21.51	—	$0
Mar 1996	2,038	19.38	—	$0
Feb 1996	1,596	16.98	—	$0
Jan 1996	1,345	17.07	—	$0
Dec 1995	1,600	17.19	—	$0
Nov 1995	1,287	16.00	—	$0
Oct 1995	1,676	15.43	—	$0
Sep 1995	512	16.18	—	$0
Aug 1995	865	15.92	—	$0
Jul 1995	1,798	15.24	—	$0
Jun 1995	1,795	16.41	—	$0
May 1995	1,922	17.56	—	$0
Apr 1995	2,038	17.73	—	$0
Mar 1995	1,996	16.44	—	$0
Feb 1995	1,589	16.58	—	$0
Jan 1995	1,982	15.92	—	$0
Dec 1994	2,158	15.03	—	$0
Nov 1994	2,014	15.90	—	$0
Oct 1994	2,137	15.58	—	$0
Sep 1994	2,076	15.29	—	$0
Aug 1994	2,258	16.13	—	$0
Jul 1994	2,153	17.56	—	$0
Jun 1994	2,369	17.09	—	$0
May 1994	1,598	15.88	—	$0
Apr 1994	1,903	14.14	—	$0
Mar 1994	2,001	12.46	—	$0
Feb 1994	1,838	12.50	—	$0
Jan 1994	2,158	12.66	—	$0
Dec 1993	2,395	12.33	—	$0
Nov 1993	2,012	14.49	—	$0
Oct 1993	2,069	15.85	—	$0
Sep 1993	2,272	15.03	—	$0
Aug 1993	2,337	15.66	—	$0
Jul 1993	2,332	15.46	—	$0
Jun 1993	2,392	16.79	—	$0
May 1993	2,587	17.68	—	$0
Apr 1993	2,484	18.05	—	$0
Mar 1993	2,579	18.14	—	$0
Feb 1993	2,231	17.90	—	$0
Jan 1993	4,054	16.93	—	$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.

Jan 2012 — as filed, then multipliedworked

Gas                   17 Mcf  × $  2.73 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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. 10/G/131778 is the state's own key, not one this site invented.