FARMS, C. M.

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the HANSFORD (MORROW, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 40594District 10Field 38797558NGPA filingCondensateGasSaveExport
Value, all time
$691 k
Jan 1993 – Nov 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
263
no gaps in the span
Streams
2
condensate, 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 361 leases and 361 wells, and the rule below applies to all of them.

Discovered
1959-01-01
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1959-01-01.

The Commission's schedule remark for this field reads: SURVEY

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition153 bbl$5,310
GasProduction210,592 Mcf$685,698
Total$691,008

64,198 Mcf of this lease's gas, across 42 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 36.0907, -101.1942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.09067, -101.19423 · 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
8,026 ft
1 wells filed one
Completion to plug
21.4 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 8,026 ft.

Completions filed
Jun 1993
1 of 1 wells
Plug dates filed
Nov 2014
1 of 1 wells

Last completion to plug: a median of 21.4 years across the 1 well that filed both dates, with the middle half between 21.4 years and 21.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1950017518,026 ftJun 1993Nov 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 (263)

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

263 months

Nov 20140070.464.25$0
Oct 20140078.303.90$0
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 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
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 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
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 20120079.822.52$0
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 20110083.404.15$0
Jul 201142094.144.52$3,954
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110896.364.06$32
Feb 2011045585.644.18$1,902
Jan 2011049686.504.59$2,276
Dec 2010040985.734.35$1,778
Nov 2010049080.843.80$1,860
Oct 2010054878.103.51$1,923
Sep 2010057872.633.98$2,300
Aug 2010064773.684.42$2,859
Jul 2010044672.554.74$2,112
Jun 2010058370.364.91$2,863
May 2010057771.124.24$2,444
Apr 2010058281.694.12$2,399
Mar 2010057878.394.39$2,537
Feb 2010052473.585.44$2,852
Jan 2010059974.365.96$3,572
Dec 2009060471.445.48$3,312
Nov 2009055674.593.75$2,086
Oct 2009065672.544.11$2,696
Sep 2009075765.543.06$2,320
Aug 2009082367.423.22$2,649
Jul 2009088061.133.46$3,049
Jun 2009084066.163.90$3,272
May 2009095654.743.93$3,753
Apr 2009038246.773.59$1,370
Mar 2009011742.144.06$475
Feb 2009021932.814.63$1,015
Jan 200901,16735.865.37$6,268
Dec 2008072137.105.98$4,310
Nov 2008092955.496.86$6,373
Oct 2008091975.246.92$6,361
Sep 20080937101.767.88$7,381
Aug 20080597114.228.48$5,064
Jul 20080689131.0811.39$7,847
Jun 20080629131.3313.03$8,198
May 20080599123.1711.57$6,933
Apr 20080680110.3110.45$7,109
Mar 20080601101.909.66$5,808
Feb 2008053992.538.77$4,727
Jan 2008057990.388.21$4,751
Dec 2007061888.337.30$4,513
Nov 2007057191.677.29$4,164
Oct 2007067082.856.92$4,638
Sep 2007052375.846.24$3,266
Aug 2007049969.066.39$3,188
Jul 2007056870.906.39$3,628
Jun 2007057662.007.55$4,348
May 2007059758.747.85$4,684
Apr 2007049759.617.81$3,879
Mar 2007054056.927.30$3,943
Feb 2007039455.108.22$3,237
Jan 2007052550.306.73$3,532
Dec 2006070856.656.92$4,898
Nov 2006065654.207.62$4,997
Oct 2006072954.906.01$4,384
Sep 2006068360.085.04$3,440
Aug 2006072568.717.34$5,321
Jul 2006079669.376.34$5,049
Jun 2006063566.286.38$4,054
May 2006070666.016.42$4,536
Apr 2006071264.397.36$5,241
Mar 2006069856.707.08$4,944
Feb 2006062057.597.75$4,806
Jan 2006072960.598.93$6,512
Dec 2005088654.9413.42$11,886
Nov 2005059754.6910.59$6,321
Oct 2005041058.3413.80$5,656
Sep 2005073961.4512.08$8,926
Aug 2005077961.519.80$7,632
Jul 2005082655.697.84$6,479
Jun 2005081252.337.38$5,993
May 2005078045.226.65$5,188
Apr 2005085349.207.36$6,278
Mar 2005088350.377.15$6,318
Feb 2005076345.226.31$4,816
Jan 2005076543.166.32$4,836
Dec 2004085339.866.75$5,759
Nov 2004084445.286.33$5,343
Oct 2004091549.706.52$5,961
Sep 200401,07343.245.28$5,670
Aug 2004049542.375.55$2,748
Jul 2004076838.286.08$4,673
Jun 2004067836.106.43$4,362
May 2004068137.486.49$4,423
Apr 2004039034.475.86$2,285
Mar 2004078534.365.53$4,341
Feb 2004065832.455.51$3,625
Jan 2004079632.036.30$5,015
Dec 2003080830.266.30$5,092
Nov 2003075028.804.60$3,446
Oct 2003088528.174.76$4,212
Sep 2003086126.314.75$4,089
Aug 2003085129.765.13$4,365
Jul 2003086229.415.17$4,457
Jun 2003079228.565.98$4,739
May 2003087926.595.97$5,250
Apr 2003083826.675.41$4,531
Mar 2003089131.146.10$5,432
Feb 2003071133.487.93$5,635
Jan 2003082030.315.58$4,577
Dec 2002082526.914.85$4,004
Nov 2002084224.664.14$3,483
Oct 2002085826.464.23$3,629
Sep 2002586727.443.64$3,289
Aug 2002092325.963.16$2,921
Jul 2002093924.583.06$2,875
Jun 2002095123.733.34$3,175
May 2002096024.663.58$3,441
Apr 200201,05923.653.51$3,720
Mar 2002081722.003.10$2,535
Feb 200201,13018.222.38$2,685
Jan 200201,05017.172.38$2,494
Dec 200101,03916.932.36$2,457
Nov 2001061718.072.41$1,484
Oct 200101,04519.782.53$2,643
Sep 2001099224.262.25$2,233
Aug 2001088524.873.05$2,702
Jul 200101,01423.933.20$3,242
Jun 200101,05824.563.82$4,046
May 200101,04225.524.31$4,488
Apr 200101,01924.685.34$5,437
Mar 200101,13724.545.38$6,113
Feb 200101,00527.755.77$5,796
Jan 200101,21227.478.40$10,179
Dec 200001,00026.889.12$9,123
Nov 200001,09832.215.66$6,212
Oct 200001,10031.235.15$5,660
Sep 200001,13931.875.19$5,907
Aug 200001,20729.644.54$5,481
Jul 200001,22528.534.09$5,010
Jun 200001,19729.304.40$5,264
May 200071,21327.263.68$4,654
Apr 200001,22324.513.12$3,811
Mar 200001,04628.422.86$2,991
Feb 200001,09727.622.73$2,991
Jan 200001,24925.272.48$3,098
Dec 199901,23824.282.42$3,001
Nov 199901,17523.192.43$2,860
Oct 199901,21620.982.80$3,409
Sep 199901,24921.752.62$3,271
Aug 199901,30419.262.88$3,750
Jul 199901,33817.892.37$3,174
Jun 199901,20815.942.36$2,853
May 199901,57715.792.32$3,660
Apr 199901,92215.102.21$4,244
Mar 199901,10612.471.84$2,033
Feb 199909469.981.82$1,720
Jan 19999978210.381.90$2,513
Dec 199805899.201.77$1,044
Nov 199801,11010.892.19$2,426
Oct 199801,12012.421.97$2,206
Sep 199801,11712.592.08$2,326
Aug 199801,35511.301.91$2,584
Jul 1998085911.742.24$1,922
Jun 199801,37211.242.24$3,070
May 199801,36312.622.21$3,007
Apr 199801,32213.042.51$3,312
Mar 199801,35812.802.31$3,136
Feb 1998094313.952.30$2,168
Jan 199801,34914.702.15$2,907
Dec 199701,15716.322.41$2,790
Nov 199701,26818.193.09$3,916
Oct 199701,47019.253.15$4,630
Sep 199701,17517.742.95$3,472
Aug 199701,18817.862.55$3,035
Jul 199701,15317.582.25$2,591
Jun 1997096417.242.26$2,176
May 199701,09618.972.31$2,530
Apr 199701,07717.882.08$2,243
Mar 199701,23118.951.94$2,387
Feb 1997093320.492.21$2,058
Jan 1997083623.483.54$2,959
Dec 199601,25323.32$0
Nov 199601,30121.97$0
Oct 199601,32123.31$0
Sep 199601,16822.22$0
Aug 199601,39820.26$0
Jul 199601,10819.55$0
Jun 199601,08618.73$0
May 199601,57319.43$0
Apr 199601,22421.51$0
Mar 199601,84819.38$0
Feb 199601,76916.98$0
Jan 199601,69317.07$0
Dec 199501,77917.19$0
Nov 199501,26316.00$0
Oct 199501,34615.43$0
Sep 199501,25416.18$0
Aug 199501,53015.92$0
Jul 199501,07815.24$0
Jun 199501,15916.41$0
May 199501,52317.56$0
Apr 199501,65517.73$0
Mar 199501,83716.44$0
Feb 199501,71416.58$0
Jan 199501,54815.92$0
Dec 199401,68215.03$0
Nov 199401,56615.90$0
Oct 199401,61915.58$0
Sep 199401,12815.29$0
Aug 199401,34416.13$0
Jul 199401,43117.56$0
Jun 199401,14617.09$0
May 199401,39315.88$0
Apr 199401,59114.14$0
Mar 199402,82412.46$0
Feb 199401,04512.50$0
Jan 199401,45312.66$0
Dec 199302,09012.33$0
Nov 199301,73014.49$0
Oct 199301,52715.85$0
Sep 199301,94115.03$0
Aug 199301,97015.66$0
Jul 199302,29015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Jul 2011 — as filed, then multipliedworked
Condensate            42 bbl  × $ 94.14 =     $3,954
Gas                    0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                   $3,954

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/40594 is the state's own key, not one this site invented.