BORN

Operated by SNYDER PARTNERS (P-5 799889) in the FRASS (TONKAWA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5405District 10Field 32773875NGPA filingOilCasinghead gasSaveExport
Value, all time
$416 k
Jan 1993 – May 2011
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
221
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 28 leases and 61 wells, and the rule below applies to all of them.

Discovered
1959-05-26
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.

The Commission's schedule remark for this field reads: GAS ALL 8 X 6/B/

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
NGPA2none

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
OilDisposition2,963 bbl$96,862
Casinghead gasProduction97,747 Mcf$319,635
Total$416,497

29,435 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 (2)

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 36.4528, -100.4002. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

36.45282, -100.40018 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,463 ft
2 wells filed one
Completion to plug
18.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 6,450 and 6,475 ft, median 6,463 ft, over the 2 wells that filed a depth.

Completions filed
May 1983 – Sep 1983
2 of 2 wells
Plug dates filed
Sep 1993 – Dec 2010
2 of 2 wells

Last completion to plug: a median of 18.8 years across the 2 wells that filed both dates, with the middle half between 14.6 years and 23.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2953136021106,475 ftSep 1983Dec 2010Yes
42-2953130811106,450 ftMay 1983Sep 1993Yes

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 (221)

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

221 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201147086.504.59$4,066
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
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 2007181075.846.24$13,727
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 20070356.927.30$22
Feb 2007028855.108.22$2,366
Jan 2007050950.306.73$3,424
Dec 2006049756.656.92$3,438
Nov 2006048254.207.62$3,672
Oct 2006035254.906.01$2,117
Sep 2006022460.085.04$1,128
Aug 2006052368.717.34$3,839
Jul 200619135669.376.34$15,508
Jun 2006051066.286.38$3,256
May 2006055166.016.42$3,540
Apr 2006043964.397.36$3,231
Mar 2006053556.707.08$3,789
Feb 2006039857.597.75$3,085
Jan 2006055760.598.93$4,976
Dec 2005059854.9413.42$8,022
Nov 2005056054.6910.59$5,930
Oct 2005063058.3413.80$8,691
Sep 2005063161.4512.08$7,622
Aug 200519667761.519.80$18,688
Jul 2005068455.697.84$5,365
Jun 2005067952.337.38$5,012
May 2005070845.226.65$4,709
Apr 2005065649.207.36$4,828
Mar 2005049450.377.15$3,535
Feb 2005016445.226.31$1,035
Jan 2005011743.166.32$740
Dec 2004059739.866.75$4,030
Nov 2004039145.286.33$2,475
Oct 2004048949.706.52$3,186
Sep 200419958643.245.28$11,701
Aug 2004049842.375.55$2,764
Jul 2004055338.286.08$3,365
Jun 2004056736.106.43$3,648
May 2004054537.486.49$3,540
Apr 2004017534.475.86$1,025
Mar 2004054334.365.53$3,003
Feb 2004048632.455.51$2,678
Jan 2004042232.036.30$2,658
Dec 2003054030.266.30$3,403
Nov 2003053528.804.60$2,458
Oct 2003067128.174.76$3,194
Sep 200318556126.314.75$7,532
Aug 2003051629.765.13$2,647
Jul 2003065529.415.17$3,387
Jun 2003066628.565.98$3,985
May 2003065126.595.97$3,888
Apr 2003067726.675.41$3,661
Mar 2003063431.146.10$3,865
Feb 2003053933.487.93$4,272
Jan 2003064930.315.58$3,623
Dec 2002062826.914.85$3,048
Nov 2002047624.664.14$1,969
Oct 2002012926.464.23$546
Sep 200219749527.443.64$7,205
Aug 2002061825.963.16$1,955
Jul 2002061824.583.06$1,892
Jun 2002067923.733.34$2,267
May 2002074224.663.58$2,659
Apr 20020023.653.51$0
Mar 2002071122.003.10$2,206
Feb 2002060318.222.38$1,433
Jan 2002079017.172.38$1,877
Dec 2001068316.932.36$1,615
Nov 2001075418.072.41$1,814
Oct 2001079919.782.53$2,021
Sep 200117664324.262.25$5,717
Aug 2001086124.873.05$2,629
Jul 2001087023.933.20$2,781
Jun 2001066224.563.82$2,532
May 2001019525.524.31$840
Apr 2001038924.685.34$2,075
Mar 2001067324.545.38$3,618
Feb 2001072127.755.77$4,158
Jan 2001092027.478.40$7,727
Dec 200001,07326.889.12$9,788
Nov 20001831,02032.215.66$11,666
Oct 2000075531.235.15$3,885
Sep 2000011531.875.19$596
Aug 20000029.644.54$0
Jul 2000034228.534.09$1,399
Jun 2000026029.304.40$1,143
May 2000039627.263.68$1,457
Apr 200017963624.513.12$6,369
Mar 2000047628.422.86$1,361
Feb 2000059527.622.73$1,622
Jan 2000049125.272.48$1,218
Dec 1999056924.282.42$1,379
Nov 1999085123.192.43$2,071
Oct 1999097820.982.80$2,742
Sep 1999092821.752.62$2,430
Aug 1999078419.262.88$2,254
Jul 1999089217.892.37$2,116
Jun 1999051915.942.36$1,226
May 1999097215.792.32$2,256
Apr 1999090015.102.21$1,987
Mar 1999023312.471.84$428
Feb 1999019.981.82$2
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998034910.892.19$763
Oct 199811591212.421.97$3,224
Sep 1998084012.592.08$1,749
Aug 1998091411.301.91$1,743
Jul 1998086911.742.24$1,944
Jun 1998058711.242.24$1,313
May 1998017412.622.21$384
Apr 19980013.042.51$0
Mar 19980312.802.31$7
Feb 19980013.952.30$0
Jan 19980714.702.15$15
Dec 19970016.322.41$0
Nov 199701218.193.09$37
Oct 1997015719.253.15$495
Sep 199701,09917.742.95$3,247
Aug 199701,22717.862.55$3,135
Jul 1997094217.582.25$2,117
Jun 199713530117.242.26$3,007
May 199701,06018.972.31$2,447
Apr 1997094917.882.08$1,977
Mar 199701,18418.951.94$2,296
Feb 199701,12320.492.21$2,477
Jan 199701,19023.483.54$4,212
Dec 199601,21623.32$0
Nov 199601,22221.97$0
Oct 19961901,30823.31$4,429
Sep 199601,07122.22$0
Aug 1996071020.26$0
Jul 1996079619.55$0
Jun 1996096218.73$0
May 1996093819.43$0
Apr 1996065521.51$0
Mar 199602119.38$0
Feb 199601216.98$0
Jan 1996099317.07$0
Dec 1995083017.19$0
Nov 1995045016.00$0
Oct 19951605515.43$2,469
Sep 1995067416.18$0
Aug 199501,30715.92$0
Jul 199501,31915.24$0
Jun 199501,17216.41$0
May 199501,24617.56$0
Apr 199501,17317.73$0
Mar 1995086616.44$0
Feb 1995010116.58$0
Jan 19950115.92$0
Dec 199406515.03$0
Nov 1994092915.90$0
Oct 1994017815.58$0
Sep 1994048115.29$0
Aug 19941791,38116.13$2,887
Jul 199401,16317.56$0
Jun 199401,31717.09$0
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 1993338114.49$4,898
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 199301,22016.79$0
May 199301,27317.68$0
Apr 1993097418.05$0
Mar 1993022918.14$0
Feb 19930117.90$0
Jan 19931121,11516.93$1,896

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 2011 — as filed, then multipliedworked
Oil                   47 bbl  × $ 86.50 =     $4,066
Casinghead gas         0 Mcf  × $  4.59 =         $0

────────────────────────────────────────────────────
Month total                                   $4,066

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/5405 is the state's own key, not one this site invented.