BIVINS

Operated by AMOCO PRODUCTION COMPANY (P-5 20425) in the TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 73504District 10Field 89120001NGPA filingGasSaveExport
Value, all time
$25 k
Jan 1993 – May 2000
Value, last 12 filed months
$0
at the published price for each month
Months reported
89
no gaps in the span
Streams
1
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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered
1945-06-25
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 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: OPTIONS.

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
GasProduction42,399 Mcf$24,810
Total$24,810

31,522 Mcf of this lease's gas, across 46 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 36.3057, -101.6372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.30573, -101.63719 · 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
7,129 ft
1 wells filed one
Completion to plug
22.9 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 7,129 ft.

Completions filed
Jun 1977
1 of 1 wells
Plug dates filed
May 2000
1 of 1 wells

Last completion to plug: a median of 22.9 years across the 1 well that filed both dates, with the middle half between 22.9 years and 22.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4213005720367,129 ftJun 1977May 2000Yes

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 (89)

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

89 months

May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 19985,08614.702.15$10,959
Dec 1997016.322.41$0
Nov 1997518.193.09$15
Oct 1997119.253.15$3
Sep 19974117.742.95$121
Aug 199767217.862.55$1,717
Jul 199766817.582.25$1,501
Jun 199772417.242.26$1,634
May 199769918.972.31$1,614
Apr 199771317.882.08$1,485
Mar 199779918.951.94$1,549
Feb 199774120.492.21$1,635
Jan 199772823.483.54$2,577
Dec 199673523.32$0
Nov 199676421.97$0
Oct 199680823.31$0
Sep 199680122.22$0
Aug 199681920.26$0
Jul 199680719.55$0
Jun 199666818.73$0
May 199668919.43$0
Apr 199661921.51$0
Mar 199683919.38$0
Feb 199667916.98$0
Jan 199662817.07$0
Dec 199563117.19$0
Nov 199558216.00$0
Oct 199563015.43$0
Sep 199560716.18$0
Aug 199550115.92$0
Jul 199556215.24$0
Jun 199545416.41$0
May 199569117.56$0
Apr 199569217.73$0
Mar 199571716.44$0
Feb 199553316.58$0
Jan 199579015.92$0
Dec 199475715.03$0
Nov 199473715.90$0
Oct 199477015.58$0
Sep 199474615.29$0
Aug 199465016.13$0
Jul 199467517.56$0
Jun 199473617.09$0
May 199442615.88$0
Apr 199471014.14$0
Mar 199465912.46$0
Feb 199455212.50$0
Jan 199480212.66$0
Dec 199393612.33$0
Nov 199376414.49$0
Oct 199357115.85$0
Sep 199356115.03$0
Aug 199369215.66$0
Jul 199385515.46$0
Jun 199342716.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 199370618.14$0
Feb 199372017.90$0
Jan 199382416.93$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 1998 — as filed, then multipliedworked
Gas                5,086 Mcf  × $  2.15 =    $10,959

────────────────────────────────────────────────────
Month total                                  $10,959

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/73504 is the state's own key, not one this site invented.