STORMY KAY

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

Operated by SNW OPERATING COMPANY (P-5 799856) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5973District 10Field 68887001NGPA filingOilCasinghead gasSave Export

Value, all time

$277 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The PANHANDLE HUTCHINSON COUNTY FLD. 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 918 leases and 8,177 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: “SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.”

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	3	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	2,894 bbl	$52,687
Casinghead gas	Production	191,047 Mcf	$224,727
Total			$277,414

105,871 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 (3)

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 36.0324, -101.6105. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

36.03265, -101.61002 · 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

33.3%

1 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

3,345 ft

3 wells filed one

Completion to plug

9.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

133.3%

A plug date is filed

133.3%

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

133.3%

NeitherNo plug date, and not on the schedule.

266.7%

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 3,325 and 6,876 ft, median 3,345 ft, over the 3 wells that filed a depth.

Completions filed

Dec 1984 – Mar 1987

3 of 3 wells

Plug dates filed

Sep 1996

1 of 3 wells; 2 filed none

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-23332013	1	3,345 ft	Mar 1987	Sep 1996	Yes
42-23332187	3	3,325 ft	Feb 1986	—	—
42-23332014	2	6,876 ft	Dec 1984	—	—

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 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
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	0	0	23.73	3.34	$0
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	0	0	16.93	2.36	$0
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	239	2,154	31.23	5.15	$18,547
Sep 2000	0	1,706	31.87	5.19	$8,848
Aug 2000	0	1,208	29.64	4.54	$5,485
Jul 2000	50	1,310	28.53	4.09	$6,784
Jun 2000	0	2,034	29.30	4.40	$8,944
May 2000	0	1,940	27.26	3.68	$7,139
Apr 2000	0	1,822	24.51	3.12	$5,677
Mar 2000	0	2,075	28.42	2.86	$5,934
Feb 2000	0	1,870	27.62	2.73	$5,099
Jan 2000	0	1,648	25.27	2.48	$4,088
Dec 1999	0	1,846	24.28	2.42	$4,474
Nov 1999	60	2,147	23.19	2.43	$6,617
Oct 1999	0	2,079	20.98	2.80	$5,829
Sep 1999	0	1,882	21.75	2.62	$4,929
Aug 1999	0	1,780	19.26	2.88	$5,119
Jul 1999	41	1,820	17.89	2.37	$5,051
Jun 1999	0	1,481	15.94	2.36	$3,498
May 1999	0	1,866	15.79	2.32	$4,331
Apr 1999	129	1,869	15.10	2.21	$6,075
Mar 1999	0	2,212	12.47	1.84	$4,066
Feb 1999	0	2,083	9.98	1.82	$3,786
Jan 1999	0	2,205	10.38	1.90	$4,189
Dec 1998	0	2,071	9.20	1.77	$3,673
Nov 1998	0	1,965	10.89	2.19	$4,295
Oct 1998	62	1,969	12.42	1.97	$4,647
Sep 1998	143	2,023	12.59	2.08	$6,014
Aug 1998	0	2,233	11.30	1.91	$4,259
Jul 1998	0	2,150	11.74	2.24	$4,810
Jun 1998	90	2,063	11.24	2.24	$5,627
May 1998	0	1,767	12.62	2.21	$3,899
Apr 1998	0	1,906	13.04	2.51	$4,775
Mar 1998	0	2,042	12.80	2.31	$4,716
Feb 1998	0	2,005	13.95	2.30	$4,610
Jan 1998	0	1,960	14.70	2.15	$4,223
Dec 1997	0	2,118	16.32	2.41	$5,107
Nov 1997	50	1,236	18.19	3.09	$4,727
Oct 1997	0	1,745	19.25	3.15	$5,496
Sep 1997	0	1,439	17.74	2.95	$4,252
Aug 1997	117	1,717	17.86	2.55	$6,476
Jul 1997	0	1,743	17.58	2.25	$3,916
Jun 1997	56	1,695	17.24	2.26	$4,791
May 1997	0	1,550	18.97	2.31	$3,578
Apr 1997	0	1,495	17.88	2.08	$3,114
Mar 1997	50	1,670	18.95	1.94	$4,186
Feb 1997	0	1,633	20.49	2.21	$3,602
Jan 1997	125	1,944	23.48	3.54	$9,816
Dec 1996	0	2,182	23.32	—	$0
Nov 1996	0	1,734	21.97	—	$0
Oct 1996	0	2,411	23.31	—	$0
Sep 1996	0	1,924	22.22	—	$0
Aug 1996	0	2,186	20.26	—	$0
Jul 1996	33	1,938	19.55	—	$645
Jun 1996	48	1,175	18.73	—	$899
May 1996	44	2,146	19.43	—	$855
Apr 1996	104	1,884	21.51	—	$2,237
Mar 1996	0	2,057	19.38	—	$0
Feb 1996	0	1,675	16.98	—	$0
Jan 1996	0	1,855	17.07	—	$0
Dec 1995	0	2,598	17.19	—	$0
Nov 1995	0	2,957	16.00	—	$0
Oct 1995	53	1,365	15.43	—	$818
Sep 1995	0	3,331	16.18	—	$0
Aug 1995	165	1,746	15.92	—	$2,627
Jul 1995	0	1,730	15.24	—	$0
Jun 1995	49	1,408	16.41	—	$804
May 1995	65	1,995	17.56	—	$1,141
Apr 1995	0	2,049	17.73	—	$0
Mar 1995	0	1,535	16.44	—	$0
Feb 1995	35	1,880	16.58	—	$580
Jan 1995	35	2,238	15.92	—	$557
Dec 1994	20	2,372	15.03	—	$301
Nov 1994	30	2,358	15.90	—	$477
Oct 1994	56	2,457	15.58	—	$872
Sep 1994	17	1,642	15.29	—	$260
Aug 1994	0	2,032	16.13	—	$0
Jul 1994	61	1,920	17.56	—	$1,071
Jun 1994	133	2,230	17.09	—	$2,273
May 1994	83	2,260	15.88	—	$1,318
Apr 1994	0	1,846	14.14	—	$0
Mar 1994	47	2,089	12.46	—	$586
Feb 1994	0	2,005	12.50	—	$0
Jan 1994	34	2,298	12.66	—	$430
Dec 1993	0	2,453	12.33	—	$0
Nov 1993	41	2,422	14.49	—	$594
Oct 1993	23	2,649	15.85	—	$365
Sep 1993	27	2,328	15.03	—	$406
Aug 1993	47	2,616	15.66	—	$736
Jul 1993	78	2,787	15.46	—	$1,206
Jun 1993	40	2,439	16.79	—	$672
May 1993	51	2,977	17.68	—	$902
Apr 1993	0	2,946	18.05	—	$0
Mar 1993	112	2,998	18.14	—	$2,032
Feb 1993	77	2,455	17.90	—	$1,378
Jan 1993	74	3,293	16.93	—	$1,253

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.

Oct 2000 — as filed, then multipliedworked

Oil                  239 bbl  × $ 31.23 =     $7,464
Casinghead gas     2,154 Mcf  × $  5.15 =    $11,083

────────────────────────────────────────────────────
Month total                                  $18,547

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/5973 is the state's own key, not one this site invented.