BULL, EAST

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

Operated by DUNIGAN OPERATING COMPANY, INC. (P-5 233895) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 379District 10Field 68873001NGPA filingOilCasinghead gasSave Export

Value, all time

$39 k

Jan 1993 – Oct 2003

Value, last 12 filed months

at the published price for each month

Months reported

130

no gaps in the span

Streams

oil, casinghead gas

The PANHANDLE GRAY COUNTY FIELD 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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered

1921-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

467 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: “UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	4	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	2,091 bbl	$35,722
Casinghead gas	Production	3,461 Mcf	$3,531
Total			$39,254

1,993 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 (5)

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 35.4165, -100.8187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.41701, -100.81893 · 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%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

2,948 ft

4 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

5100.0%

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 2,890 and 3,040 ft, median 2,948 ft, over the 4 wells that filed a depth.

Plug dates filed

Dec 1974 – Oct 2001

5 of 5 wells

5 wells


42-17981901	1	2,890 ft	—	Oct 2001	Yes
42-17981902	3	3,040 ft	—	Sep 2001	Yes
42-17981903	4	2,990 ft	—	Sep 2001	Yes
42-17981904	5	2,905 ft	—	Sep 2001	Yes
42-17985358	6	—	—	Dec 1974	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 (130)

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

130 months


Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	113	0	23.73	3.34	$2,681
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	100	0	16.93	2.36	$1,693
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	2	27.26	3.68	$7
Apr 2000	0	21	24.51	3.12	$65
Mar 2000	0	34	28.42	2.86	$97
Feb 2000	0	41	27.62	2.73	$112
Jan 2000	0	37	25.27	2.48	$92
Dec 1999	0	44	24.28	2.42	$107
Nov 1999	0	53	23.19	2.43	$129
Oct 1999	0	49	20.98	2.80	$137
Sep 1999	0	35	21.75	2.62	$92
Aug 1999	0	30	19.26	2.88	$86
Jul 1999	0	41	17.89	2.37	$97
Jun 1999	155	38	15.94	2.36	$2,560
May 1999	0	36	15.79	2.32	$84
Apr 1999	0	39	15.10	2.21	$86
Mar 1999	0	42	12.47	1.84	$77
Feb 1999	0	35	9.98	1.82	$64
Jan 1999	0	39	10.38	1.90	$74
Dec 1998	0	46	9.20	1.77	$82
Nov 1998	0	38	10.89	2.19	$83
Oct 1998	0	41	12.42	1.97	$81
Sep 1998	184	42	12.59	2.08	$2,404
Aug 1998	0	32	11.30	1.91	$61
Jul 1998	0	25	11.74	2.24	$56
Jun 1998	0	31	11.24	2.24	$69
May 1998	0	30	12.62	2.21	$66
Apr 1998	0	29	13.04	2.51	$73
Mar 1998	0	31	12.80	2.31	$72
Feb 1998	0	15	13.95	2.30	$34
Jan 1998	0	34	14.70	2.15	$73
Dec 1997	188	40	16.32	2.41	$3,165
Nov 1997	0	52	18.19	3.09	$161
Oct 1997	0	37	19.25	3.15	$117
Sep 1997	0	38	17.74	2.95	$112
Aug 1997	0	35	17.86	2.55	$89
Jul 1997	0	35	17.58	2.25	$79
Jun 1997	0	37	17.24	2.26	$84
May 1997	187	34	18.97	2.31	$3,626
Apr 1997	0	31	17.88	2.08	$65
Mar 1997	0	29	18.95	1.94	$56
Feb 1997	0	43	20.49	2.21	$95
Jan 1997	0	47	23.48	3.54	$166
Dec 1996	0	48	23.32	—	$0
Nov 1996	0	43	21.97	—	$0
Oct 1996	188	41	23.31	—	$4,382
Sep 1996	0	40	22.22	—	$0
Aug 1996	0	41	20.26	—	$0
Jul 1996	0	40	19.55	—	$0
Jun 1996	0	36	18.73	—	$0
May 1996	0	30	19.43	—	$0
Apr 1996	0	29	21.51	—	$0
Mar 1996	180	40	19.38	—	$3,488
Feb 1996	0	175	16.98	—	$0
Jan 1996	0	52	17.07	—	$0
Dec 1995	0	51	17.19	—	$0
Nov 1995	0	51	16.00	—	$0
Oct 1995	0	45	15.43	—	$0
Sep 1995	182	36	16.18	—	$2,945
Aug 1995	0	42	15.92	—	$0
Jul 1995	0	34	15.24	—	$0
Jun 1995	0	30	16.41	—	$0
May 1995	0	29	17.56	—	$0
Apr 1995	0	31	17.73	—	$0
Mar 1995	0	34	16.44	—	$0
Feb 1995	0	39	16.58	—	$0
Jan 1995	0	54	15.92	—	$0
Dec 1994	178	47	15.03	—	$2,675
Nov 1994	0	50	15.90	—	$0
Oct 1994	0	41	15.58	—	$0
Sep 1994	0	45	15.29	—	$0
Aug 1994	0	48	16.13	—	$0
Jul 1994	0	44	17.56	—	$0
Jun 1994	0	42	17.09	—	$0
May 1994	0	45	15.88	—	$0
Apr 1994	217	40	14.14	—	$3,068
Mar 1994	0	44	12.46	—	$0
Feb 1994	0	29	12.50	—	$0
Jan 1994	0	7	12.66	—	$0
Dec 1993	0	7	12.33	—	$0
Nov 1993	0	31	14.49	—	$0
Oct 1993	0	39	15.85	—	$0
Sep 1993	0	32	15.03	—	$0
Aug 1993	0	41	15.66	—	$0
Jul 1993	219	38	15.46	—	$3,386
Jun 1993	0	45	16.79	—	$0
May 1993	0	33	17.68	—	$0
Apr 1993	0	29	18.05	—	$0
Mar 1993	0	41	18.14	—	$0
Feb 1993	0	36	17.90	—	$0
Jan 1993	0	48	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.

Jun 2002 — as filed, then multipliedworked

Oil                  113 bbl  × $ 23.73 =     $2,681
Casinghead gas         0 Mcf  × $  3.34 =         $0

────────────────────────────────────────────────────
Month total                                   $2,681

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/379 is the state's own key, not one this site invented.