MATHERS RANCH

Name: MATHERS RANCH lease production and value, Jul 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the MATHERS (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7539District 10Field 58241200OilCasinghead gasSave Export

Value, all time

$1.1 M

Jul 2004 – Sep 2013

Value, last 12 filed months

at the published price for each month

Months reported

111

no gaps in the span

Streams

oil, casinghead gas

The MATHERS (CLEVELAND) 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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered

1978-10-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-07-01.

The Commission's schedule remark for this field reads: “PER DOCKET # 10-0272543 APPROVED 11/22/11 FIELD CONSOLIDATED IN”

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	6,796 bbl	$422,157
Casinghead gas	Production	100,365 Mcf	$685,266
Total			$1,107,422

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 35.8998, -100.2267. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

35.89977, -100.22665 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

19,105 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

00.0%

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

00.0%

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 17,409 and 20,800 ft, median 19,105 ft, over the 2 wells that filed a depth.

Completions filed

Oct 2004 – Jul 2011

2 of 2 wells

2 wells


42-21130088	5	17,409 ft	Jul 2011	—	Yes
42-21130075	4	20,800 ft	Oct 2004	—	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 (111)

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

111 months


Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	104	95.72	3.31	$344
Oct 2011	0	73	84.98	3.65	$266
Sep 2011	0	120	83.62	3.99	$478
Aug 2011	0	110	83.40	4.15	$456
Jul 2011	27	125	94.14	4.52	$3,106
Jun 2011	193	172	92.90	4.64	$18,728
May 2011	0	842	98.13	4.40	$3,709
Apr 2011	0	519	105.96	4.33	$2,249
Mar 2011	0	704	96.36	4.06	$2,856
Feb 2011	0	1,161	85.64	4.18	$4,853
Jan 2011	201	672	86.50	4.59	$20,470
Dec 2010	0	705	85.73	4.35	$3,065
Nov 2010	0	641	80.84	3.80	$2,433
Oct 2010	0	643	78.10	3.51	$2,256
Sep 2010	0	563	72.63	3.98	$2,240
Aug 2010	194	593	73.68	4.42	$16,915
Jul 2010	0	640	72.55	4.74	$3,031
Jun 2010	0	501	70.36	4.91	$2,460
May 2010	0	606	71.12	4.24	$2,567
Apr 2010	0	573	81.69	4.12	$2,362
Mar 2010	0	625	78.39	4.39	$2,743
Feb 2010	193	577	73.58	5.44	$17,341
Jan 2010	0	627	74.36	5.96	$3,739
Dec 2009	0	659	71.44	5.48	$3,614
Nov 2009	194	660	74.59	3.75	$16,946
Oct 2009	0	716	72.54	4.11	$2,943
Sep 2009	0	753	65.54	3.06	$2,308
Aug 2009	0	986	67.42	3.22	$3,173
Jul 2009	0	661	61.13	3.46	$2,290
Jun 2009	0	648	66.16	3.90	$2,524
May 2009	196	687	54.74	3.93	$13,426
Apr 2009	0	676	46.77	3.59	$2,425
Mar 2009	0	741	42.14	4.06	$3,008
Feb 2009	0	674	32.81	4.63	$3,123
Jan 2009	0	664	35.86	5.37	$3,566
Dec 2008	0	667	37.10	5.98	$3,987
Nov 2008	195	664	55.49	6.86	$15,376
Oct 2008	0	815	75.24	6.92	$5,641
Sep 2008	0	815	101.76	7.88	$6,420
Aug 2008	0	851	114.22	8.48	$7,219
Jul 2008	0	879	131.08	11.39	$10,011
Jun 2008	194	856	131.33	13.03	$36,634
May 2008	0	899	123.17	11.57	$10,405
Apr 2008	177	891	110.31	10.45	$28,840
Mar 2008	0	933	101.90	9.66	$9,017
Feb 2008	0	881	92.53	8.77	$7,727
Jan 2008	0	867	90.38	8.21	$7,114
Dec 2007	0	921	88.33	7.30	$6,725
Nov 2007	185	802	91.67	7.29	$22,807
Oct 2007	189	870	82.85	6.92	$21,681
Sep 2007	0	780	75.84	6.24	$4,870
Aug 2007	0	875	69.06	6.39	$5,589
Jul 2007	0	904	70.90	6.39	$5,775
Jun 2007	188	785	62.00	7.55	$17,582
May 2007	196	742	58.74	7.85	$17,335
Apr 2007	0	721	59.61	7.81	$5,628
Mar 2007	0	891	56.92	7.30	$6,506
Feb 2007	0	887	55.10	8.22	$7,288
Jan 2007	195	1,012	50.30	6.73	$16,616
Dec 2006	0	989	56.65	6.92	$6,842
Nov 2006	0	1,010	54.20	7.62	$7,694
Oct 2006	194	1,089	54.90	6.01	$17,200
Sep 2006	0	1,034	60.08	5.04	$5,208
Aug 2006	0	1,180	68.71	7.34	$8,661
Jul 2006	192	1,250	69.37	6.34	$21,247
Jun 2006	0	1,173	66.28	6.38	$7,488
May 2006	196	1,249	66.01	6.42	$20,963
Apr 2006	0	1,157	64.39	7.36	$8,516
Mar 2006	0	1,223	56.70	7.08	$8,662
Feb 2006	0	1,133	57.59	7.75	$8,782
Jan 2006	382	1,136	60.59	8.93	$33,294
Dec 2005	0	1,405	54.94	13.42	$18,849
Nov 2005	0	1,385	54.69	10.59	$14,665
Oct 2005	0	1,550	58.34	13.80	$21,383
Sep 2005	374	1,605	61.45	12.08	$42,369
Aug 2005	0	1,753	61.51	9.80	$17,174
Jul 2005	193	1,857	55.69	7.84	$25,314
Jun 2005	188	1,972	52.33	7.38	$24,393
May 2005	184	2,186	45.22	6.65	$22,860
Apr 2005	338	1,977	49.20	7.36	$31,181
Mar 2005	182	2,376	50.37	7.15	$26,167
Feb 2005	306	2,401	45.22	6.31	$28,992
Jan 2005	0	2,812	43.16	6.32	$17,778
Dec 2004	217	3,353	39.86	6.75	$31,286
Nov 2004	201	3,416	45.28	6.33	$30,726
Oct 2004	142	3,429	49.70	6.52	$29,398
Sep 2004	183	2,842	43.24	5.28	$22,930
Aug 2004	404	3,536	42.37	5.55	$36,745
Jul 2004	203	6,258	38.28	6.08	$45,846

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.

Nov 2011 — as filed, then multipliedworked

Oil                    0 bbl  × $ 95.72 =         $0
Casinghead gas       104 Mcf  × $  3.31 =       $344

────────────────────────────────────────────────────
Month total                                     $344

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/7539 is the state's own key, not one this site invented.