BAIRD, J. S.

Operated by KISMET PROPERTIES, INC. (P-5 469866) 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 569District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – Jul 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
295
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA7none

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
OilDisposition20,379 bbl$632,867
Casinghead gasProduction129,495 Mcf$381,502
Total$1,014,368

41,207 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 (7)

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 35.5294, -101.0054. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.52934, -101.00531 · 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%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
3,258 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
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 3,232 and 3,271 ft, median 3,258 ft, over the 7 wells that filed a depth.

Plug dates filed
Jun 1990 – Jun 2017
7 of 7 wells

7 wells

42-1790622713,271 ftJun 2017Yes
42-1790622823,269 ftOct 2015Yes
42-1790622933,258 ftOct 2015Yes
42-1790623043,250 ftOct 2015Yes
42-1790623153,268 ftJun 2017Yes
42-179062326G3,232 ftJun 1990Yes
42-1790623373,257 ftAug 2016Yes

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 (295)

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

295 months

Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015012344.662.98$366
Jan 2015044643.433.10$1,383
Dec 2014042854.693.59$1,537
Nov 201418430270.464.25$14,249
Oct 2014039078.303.90$1,521
Sep 2014025486.164.05$1,028
Aug 2014036089.394.04$1,453
Jul 2014036696.564.18$1,530
Jun 201419040398.164.74$20,559
May 20140094.734.73$0
Apr 201403395.944.81$159
Mar 201418422995.895.06$18,802
Feb 2014019697.406.19$1,214
Jan 2014028690.404.86$1,390
Dec 2013027991.824.35$1,215
Nov 2013022188.853.74$826
Oct 201318922197.423.78$19,248
Sep 20130335104.113.72$1,245
Aug 20130386104.253.52$1,360
Jul 20130541102.523.72$2,011
Jun 2013037994.403.93$1,491
May 201309694.834.15$398
Apr 2013030993.964.28$1,323
Mar 201317033093.623.91$17,207
Feb 2013032391.233.42$1,105
Jan 2013049291.603.42$1,683
Dec 2012018486.773.42$629
Nov 201216710286.953.62$14,890
Oct 2012010289.383.40$347
Sep 201209994.672.92$289
Aug 2012018792.662.91$544
Jul 2012022285.133.02$671
Jun 201217015279.822.52$13,952
May 2012017691.612.49$438
Apr 20120268101.652.00$535
Mar 20120332105.052.22$738
Feb 20120246101.102.57$632
Jan 20121941998.092.73$19,081
Dec 2011016896.873.24$544
Nov 2011035795.723.31$1,182
Oct 2011032884.983.65$1,197
Sep 2011027783.623.99$1,104
Aug 201119128783.404.15$17,120
Jul 2011028694.144.52$1,292
Jun 20111869992.904.64$17,739
May 2011021298.134.40$934
Apr 2011094105.964.33$407
Mar 201115023796.364.06$15,416
Feb 2011024385.644.18$1,016
Jan 2011025686.504.59$1,175
Dec 2010033285.734.35$1,443
Nov 2010029980.843.80$1,135
Oct 2010027278.103.51$954
Sep 2010031372.633.98$1,246
Aug 201016439773.684.42$13,838
Jul 2010030872.554.74$1,459
Jun 2010028970.364.91$1,419
May 2010019071.124.24$805
Apr 2010150181.694.12$12,258
Mar 2010014578.394.39$636
Feb 201014814573.585.44$11,679
Jan 2010017474.365.96$1,038
Dec 2009016371.445.48$894
Nov 2009015574.593.75$581
Oct 200915230272.544.11$12,267
Sep 2009024565.543.06$751
Aug 2009020167.423.22$647
Jul 200914014361.133.46$9,054
Jun 2009019366.163.90$752
May 2009027454.743.93$1,076
Apr 2009027146.773.59$972
Mar 2009012042.144.06$487
Feb 200915215032.814.63$5,682
Jan 2009010635.865.37$569
Dec 2008010237.105.98$610
Nov 2008016855.496.86$1,153
Oct 2008017575.246.92$1,211
Sep 2008093101.767.88$733
Aug 20080119114.228.48$1,009
Jul 2008139206131.0811.39$20,566
Jun 20080193131.3313.03$2,515
May 20080233123.1711.57$2,697
Apr 20080214110.3110.45$2,237
Mar 20080222101.909.66$2,145
Feb 200815220792.538.77$15,880
Jan 200802390.388.21$189
Dec 2007020988.337.30$1,526
Nov 2007030491.677.29$2,217
Oct 2007017282.856.92$1,191
Sep 2007025675.846.24$1,599
Aug 2007029569.066.39$1,884
Jul 2007023270.906.39$1,482
Jun 2007037262.007.55$2,808
May 2007015658.747.85$1,224
Apr 2007018759.617.81$1,460
Mar 2007011556.927.30$840
Feb 2007017355.108.22$1,421
Jan 200708850.306.73$592
Dec 2006023756.656.92$1,640
Nov 2006024154.207.62$1,836
Oct 200609354.906.01$559
Sep 2006024760.085.04$1,244
Aug 2006031268.717.34$2,290
Jul 2006025569.376.34$1,617
Jun 2006024566.286.38$1,564
May 2006022166.016.42$1,420
Apr 2006019064.397.36$1,398
Mar 2006027356.707.08$1,934
Feb 2006026457.597.75$2,046
Jan 2006047360.598.93$4,225
Dec 2005024054.9413.42$3,220
Nov 2005038054.6910.59$4,024
Oct 200516627658.3413.80$13,492
Sep 2005031561.4512.08$3,805
Aug 2005039861.519.80$3,899
Jul 2005046755.697.84$3,663
Jun 2005043852.337.38$3,233
May 200516140245.226.65$9,954
Apr 2005040849.207.36$3,003
Mar 200515139850.377.15$10,454
Feb 2005023045.226.31$1,452
Jan 2005033343.166.32$2,105
Dec 200412839939.866.75$7,796
Nov 2004042245.286.33$2,671
Oct 200415142249.706.52$10,254
Sep 2004045843.245.28$2,420
Aug 2004047942.375.55$2,659
Jul 200415947638.286.08$8,983
Jun 200415254736.106.43$9,006
May 2004053437.486.49$3,468
Apr 200414852134.475.86$8,154
Mar 200416050134.365.53$8,268
Feb 2004048032.455.51$2,645
Jan 200416569132.036.30$9,638
Dec 2003057030.266.30$3,592
Nov 200314758428.804.60$6,917
Oct 200316441028.174.76$6,571
Sep 2003047726.314.75$2,265
Aug 200315346529.765.13$6,939
Jul 2003060229.415.17$3,113
Jun 200315141728.565.98$6,807
May 2003054726.595.97$3,267
Apr 200314145026.675.41$6,194
Mar 2003053331.146.10$3,249
Feb 200315545533.487.93$8,796
Jan 200315346730.315.58$7,244
Dec 2002053326.914.85$2,587
Nov 2002063824.664.14$2,639
Oct 2002058426.464.23$2,470
Sep 200213962127.443.64$6,072
Aug 200216157325.963.16$5,993
Jul 2002054624.583.06$1,672
Jun 2002053023.733.34$1,769
May 200214756524.663.58$5,650
Apr 2002058823.653.51$2,065
Mar 200213956922.003.10$4,823
Feb 200214146218.222.38$3,667
Jan 200215359417.172.38$4,038
Dec 200115464016.932.36$4,120
Nov 2001065618.072.41$1,578
Oct 200114774019.782.53$4,779
Sep 200114860724.262.25$4,957
Aug 2001045724.873.05$1,395
Jul 200114350023.933.20$5,021
Jun 2001048824.563.82$1,866
May 2001049225.524.31$2,119
Apr 200116152724.685.34$6,785
Mar 2001053024.545.38$2,850
Feb 2001035627.755.77$2,053
Jan 200117158927.478.40$9,644
Dec 2000041826.889.12$3,813
Nov 200015667232.215.66$8,827
Oct 2000076731.235.15$3,947
Sep 200016175431.875.19$9,042
Aug 2000081729.644.54$3,710
Jul 200014679828.534.09$7,429
Jun 2000082229.304.40$3,615
May 200015381427.263.68$7,166
Apr 200016574624.513.12$6,369
Mar 2000077428.422.86$2,213
Feb 200014461627.622.73$5,657
Jan 2000047825.272.48$1,186
Dec 1999052224.282.42$1,265
Nov 1999082523.192.43$2,008
Oct 199915185420.982.80$5,562
Sep 1999077021.752.62$2,017
Aug 199915090719.262.88$5,497
Jul 199915866617.892.37$4,407
Jun 1999072315.942.36$1,708
May 199916784315.792.32$4,594
Apr 199914724715.102.21$2,765
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199915647510.381.90$2,522
Dec 199807029.201.77$1,245
Nov 199814766610.892.19$3,057
Oct 199816075512.421.97$3,474
Sep 1998073412.592.08$1,529
Aug 199815282211.301.91$3,285
Jul 199815691511.742.24$3,879
Jun 1998080811.242.24$1,808
May 199814988812.622.21$3,840
Apr 19981571,01913.042.51$4,600
Mar 199813853112.802.31$2,993
Feb 1998041513.952.30$954
Jan 199815867014.702.15$3,766
Dec 199714068216.322.41$3,929
Nov 199715088118.193.09$5,449
Oct 199715294819.253.15$5,912
Sep 199714780517.742.95$4,986
Aug 199729576517.862.55$7,223
Jul 1997067517.582.25$1,517
Jun 199715371417.242.26$4,249
May 1997068118.972.31$1,572
Apr 199714959817.882.08$3,910
Mar 1997078518.951.94$1,522
Feb 199713869720.492.21$4,365
Jan 199731483323.483.54$10,321
Dec 199613784023.32$3,195
Nov 199615782521.97$3,449
Oct 199616590423.31$3,846
Sep 199616082722.22$3,555
Aug 199616083420.26$3,242
Jul 199615988019.55$3,108
Jun 199614084018.73$2,622
May 199633088019.43$6,412
Apr 199616283821.51$3,485
Mar 199616375419.38$3,159
Feb 199616484416.98$2,785
Jan 199615768917.07$2,680
Dec 199515686017.19$2,682
Nov 199532581316.00$5,200
Oct 199515485915.43$2,376
Sep 1995086016.18$0
Aug 199516385315.92$2,595
Jul 199532788215.24$4,983
Jun 1995078016.41$0
May 199516481717.56$2,880
Apr 199516083417.73$2,837
Mar 199516178916.44$2,647
Feb 199510772016.58$1,774
Jan 199532688515.92$5,190
Dec 199416378415.03$2,450
Nov 19941061,01315.90$1,685
Oct 199416396415.58$2,540
Sep 199416759515.29$2,553
Aug 199416885416.13$2,710
Jul 199416380917.56$2,862
Jun 199410682017.09$1,812
May 199416487315.88$2,604
Apr 199415567414.14$2,192
Mar 199415373812.46$1,906
Feb 199417267212.50$2,150
Jan 199410385112.66$1,304
Dec 199317088212.33$2,096
Nov 199326688414.49$3,854
Oct 19931721,06215.85$2,726
Sep 19932761,09515.03$4,148
Aug 199316184715.66$2,521
Jul 199310397415.46$1,592
Jun 199327089616.79$4,533
May 19931661,05917.68$2,935
Apr 19931081,02218.05$1,949
Mar 19933401,05518.14$6,168
Feb 19936994517.90$1,235
Jan 199310893216.93$1,828

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.

Feb 2015 — as filed, then multipliedworked
Oil                    0 bbl  × $ 44.66 =         $0
Casinghead gas       123 Mcf  × $  2.98 =       $366

────────────────────────────────────────────────────
Month total                                     $366

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/569 is the state's own key, not one this site invented.