CAIN, B. B.

Operated by CANYON EXPLORATION CO. (P-5 129932) in the HANSFORD (MARMATON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7888District 10Field 38797310Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$436 k
Sep 2008 – Jul 2016
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
95
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 34 leases and 70 wells, and the rule below applies to all of them.

Discovered
1958-12-23
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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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

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
OilDisposition6,071 bbl$404,930
Casinghead gasProduction7,217 Mcf$30,855
Total$435,786

Wells on this lease (1)

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 36.3226, -101.4029. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.32261, -101.40288 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,500 ft
1 wells filed one
Completion to plug
7.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 7,500 ft.

Completions filed
Sep 2008
1 of 1 wells
Plug dates filed
Feb 2016
1 of 1 wells

Last completion to plug: a median of 7.4 years across the 1 well that filed both dates, with the middle half between 7.4 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1953180010197,500 ftSep 2008Feb 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 (95)

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

95 months

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 2016195026.472.06$5,162
Jan 201603827.352.36$90
Dec 201504132.362.00$82
Nov 201504038.792.17$87
Oct 201504143.552.43$99
Sep 201504042.992.76$110
Aug 201504140.162.87$118
Jul 201504148.152.95$121
Jun 201504056.152.88$115
May 201504455.212.96$130
Apr 20151924449.822.71$9,685
Mar 201505142.892.93$150
Feb 201504344.662.98$128
Jan 201504943.433.10$152
Dec 201404754.693.59$169
Nov 201404470.464.25$187
Oct 201405678.303.90$218
Sep 201403486.164.05$138
Aug 201404489.394.04$178
Jul 201404196.564.18$171
Jun 201404298.164.74$199
May 201404394.734.73$203
Apr 201404595.944.81$216
Mar 201404795.895.06$238
Feb 201404097.406.19$248
Jan 201404990.404.86$238
Dec 201307691.824.35$331
Nov 201305388.853.74$198
Oct 201302297.423.78$83
Sep 201319854104.113.72$20,815
Aug 2013067104.253.52$236
Jul 2013068102.523.72$253
Jun 201306494.403.93$252
May 201307294.834.15$299
Apr 201305893.964.28$248
Mar 201305593.623.91$215
Feb 201304091.233.42$137
Jan 201303691.603.42$123
Dec 20121903686.773.42$16,609
Nov 201204686.953.62$167
Oct 201205789.383.40$194
Sep 201204794.672.92$137
Aug 201205492.662.91$157
Jul 201204885.133.02$145
Jun 201205479.822.52$136
May 201207191.612.49$177
Apr 201218451101.652.00$18,805
Mar 2012026105.052.22$58
Feb 2012046101.102.57$118
Jan 201209598.092.73$260
Dec 201105296.873.24$168
Nov 201106595.723.31$215
Oct 201108084.983.65$292
Sep 201109383.623.99$371
Aug 201109183.404.15$378
Jul 20111948194.144.52$18,629
Jun 2011010192.904.64$469
May 2011010998.134.40$480
Apr 20110107105.964.33$464
Mar 201109796.364.06$394
Feb 20111937885.644.18$16,855
Jan 201106386.504.59$289
Dec 201005385.734.35$230
Nov 201006980.843.80$262
Oct 20101952078.103.51$15,300
Sep 201008972.633.98$354
Aug 201005073.684.42$221
Jul 201009272.554.74$436
Jun 201008270.364.91$403
May 20101896971.124.24$13,734
Apr 201007281.694.12$297
Mar 201007678.394.39$334
Feb 20101834273.585.44$13,694
Jan 201008374.365.96$495
Dec 2009011171.445.48$609
Nov 200918910074.593.75$14,473
Oct 200907272.544.11$296
Sep 20091805865.543.06$11,975
Aug 20091816067.423.22$12,396
Jul 20091925261.133.46$11,917
Jun 20091904366.163.90$12,738
May 200904154.743.93$161
Apr 20091878046.773.59$9,033
Mar 200918631542.144.06$9,117
Feb 200956757132.814.63$21,249
Jan 20093561,12235.865.37$18,792
Dec 200839039737.105.98$16,842
Nov 2008194055.496.86$10,765
Oct 2008569075.246.92$42,812
Sep 20087770101.767.88$79,068

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 2016 — as filed, then multipliedworked
Oil                  195 bbl  × $ 26.47 =     $5,162
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $5,162

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/7888 is the state's own key, not one this site invented.