WRIGHT, M. R.

Operated by B AND G PRODUCTION, INC. (P-5 39870) in the SPICER (MARMATON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2984District 10Field 85118500NGPA filingOilCasinghead gasSaveExport
Value, all time
$266 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 36 leases and 63 wells, and the rule below applies to all of them.

Discovered
1962-09-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
NGPA4none

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
OilDisposition14,044 bbl$237,982
Casinghead gasProduction56,754 Mcf$28,367
Total$266,349

45,330 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 (4)

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 36.2814, -100.9573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

36.28202, -100.95731 · 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%
4 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
6,775 ft
4 wells filed one
Completion to plug
21.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
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

Between 6,637 and 7,435 ft, median 6,775 ft, over the 4 wells that filed a depth.

Completions filed
May 1970 – Jan 2013
4 of 4 wells
Plug dates filed
Sep 1997 – Jul 2015
2 of 4 wells; 2 filed none

Last completion to plug: a median of 21.3 years across the 2 wells that filed both dates, with the middle half between 18.3 years and 24.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3570010916,637 ftJan 2013Yes
42-3570037136,649 ftJul 2003Yes
42-3570039426,900 ftApr 2000Jul 2015Yes
42-3573006547,435 ftMay 1970Sep 1997Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 199923024.282.42$558
Nov 1999191023.192.43$4,429
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 1999186015.942.36$2,965
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998040111.242.24$897
May 199817742512.622.21$3,171
Apr 1998044513.042.51$1,115
Mar 1998046212.802.31$1,067
Feb 1998053913.952.30$1,239
Jan 1998071414.702.15$1,539
Dec 199734270616.322.41$7,284
Nov 1997054118.193.09$1,671
Oct 199718256319.253.15$5,277
Sep 199714472917.742.95$4,709
Aug 199717964617.862.55$4,847
Jul 199717956317.582.25$4,412
Jun 199718073317.242.26$4,758
May 199717876318.972.31$5,138
Apr 199717873117.882.08$4,705
Mar 199718880218.951.94$5,118
Feb 199718876220.492.21$5,533
Jan 199718989923.483.54$7,620
Dec 199618080723.32$4,198
Nov 1996060921.97$0
Oct 1996052023.31$0
Sep 199617947522.22$3,977
Aug 199617764420.26$3,586
Jul 199618284319.55$3,558
Jun 199618093818.73$3,371
May 19963511,03319.43$6,820
Apr 19962471,23621.51$5,313
Mar 199618795219.38$3,624
Feb 199636489016.98$6,181
Jan 19961791,01317.07$3,056
Dec 199518592017.19$3,180
Nov 19951871,10216.00$2,992
Oct 199535391415.43$5,447
Sep 199517186216.18$2,767
Aug 199535986215.92$5,715
Jul 1995073115.24$0
Jun 199536165716.41$5,924
May 19951871,02117.56$3,284
Apr 199518199617.73$3,209
Mar 19952031,01916.44$3,337
Feb 199537376316.58$6,184
Jan 199518592915.92$2,945
Dec 199436297315.03$5,441
Nov 199418183115.90$2,878
Oct 199417595615.58$2,727
Sep 199418088415.29$2,752
Aug 19941791,05616.13$2,887
Jul 19943591,05717.56$6,304
Jun 19941851,02917.09$3,162
May 19941811,07115.88$2,874
Apr 19945431,22514.14$7,678
Mar 19941911,00712.46$2,380
Feb 199435991612.50$4,488
Jan 19941931,00712.66$2,443
Dec 19931901,02812.33$2,343
Nov 19933621,01014.49$5,245
Oct 19931741,09815.85$2,758
Sep 199318596615.03$2,781
Aug 19931871,11415.66$2,928
Jul 19934901,12615.46$7,575
Jun 199318397816.79$3,073
May 19933661,11117.68$6,471
Apr 19933831,03418.05$6,913
Mar 19933791,02218.14$6,875
Feb 199319292317.90$3,437
Jan 19931901,17216.93$3,217

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.

Dec 1999 — as filed, then multipliedworked
Oil                   23 bbl  × $ 24.28 =       $558
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                     $558

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/O/2984 is the state's own key, not one this site invented.