PAYNE, D. D.

Operated by BE ANADARKO II, LLC (P-5 100676) in the LARD RANCH (GRANITE WASH -C-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7988District 10Field 52019750OilCasinghead gasSaveExport
Value, all time
$34.8 M
Feb 2008 – May 2026
Value, last 12 filed months
$811 k
at the published price for each month
Months reported
220
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 116 leases and 143 wells, and the rule below applies to all of them.

Discovered
1980-05-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-02-24.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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
OilDisposition354,513 bbl$26,817,038
Casinghead gasProduction2,004,513 Mcf$8,000,172
Total$34,817,210

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 35.9275, -100.7823. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

35.92710, -100.78190 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,900 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
3100.0%

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 8,837 and 9,909 ft, median 8,900 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2008 – Jul 2008
3 of 3 wells

3 wells

42-393320648H9,909 ftJul 2008
42-393320406H8,837 ftMay 2008
42-393320377H8,900 ftFeb 2008

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 (220)

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

220 months

May 20263725,911106.413.05$57,588
Apr 20265575,98298.932.87$72,271
Mar 20265657,15389.753.15$73,237
Feb 20267436,61963.503.75$72,004
Jan 20265827,81759.138.00$96,933
Dec 20255717,05456.664.41$63,485
Nov 20253876,38158.593.93$47,729
Oct 20259506,61859.383.30$78,282
Sep 20255547,28462.743.08$57,170
Aug 20255526,98563.933.01$56,347
Jul 20253737,19266.743.32$48,737
Jun 20259208,26266.483.13$87,011
May 20259479,09660.553.23$86,742
Apr 20255648,27262.363.54$64,480
Mar 20255778,21467.704.27$74,123
Feb 20257048,21470.884.34$85,555
Jan 20255858,21474.324.28$78,622
Dec 20247488,21468.993.12$77,243
Nov 20245658,21469.052.20$57,071
Oct 20247648,21471.372.28$73,266
Sep 20245517,76069.612.36$56,703
Aug 20245268,13975.632.06$56,577
Jul 20247528,28179.932.15$77,883
Jun 20245508,28578.082.63$64,767
May 20247558,45278.812.20$78,083
Apr 20247258,20584.451.66$74,840
Mar 20247668,69580.301.55$74,945
Feb 20245648,07276.091.78$57,312
Jan 20245218,83573.023.30$67,178
Dec 20236728,76371.262.61$70,764
Nov 20237287,83877.892.81$78,710
Oct 20237468,53185.443.09$90,076
Sep 20235328,56689.042.74$70,798
Aug 20239179,03980.522.67$97,997
Jul 20237378,93374.852.64$78,764
Jun 20231,1509,67768.962.26$101,159
May 20235509,12570.622.23$59,166
Apr 20235538,31778.122.24$61,812
Mar 20231,0528,43072.852.39$96,813
Feb 20237377,73275.112.47$74,421
Jan 20237497,97176.533.39$84,324
Dec 20225048,86776.415.73$89,310
Nov 20224298,65685.005.65$85,339
Oct 20228046,94987.185.86$110,840
Sep 20228828,08384.888.16$140,851
Aug 20229298,73594.529.13$167,535
Jul 20227378,106101.587.54$136,001
Jun 20227268,229115.097.98$149,200
May 20228868,089109.378.43$165,117
Apr 20222328,118104.226.84$79,687
Mar 20229368,301108.885.08$144,051
Feb 20227456,87391.054.86$101,227
Jan 20227587,74881.844.54$97,193
Dec 20219387,86471.323.90$97,561
Nov 20217427,82877.435.24$98,447
Oct 20217446,09879.795.71$94,207
Sep 20211,1087,79169.865.35$119,094
Aug 20217457,82466.024.22$82,207
Jul 20217268,19070.783.98$84,000
Jun 20219277,99069.493.38$91,428
May 20219058,25663.483.02$82,363
Apr 20211,1168,29760.362.76$90,248
Mar 20217647,46661.302.72$67,118
Feb 20215467,41757.805.55$72,708
Jan 20219357,89250.412.81$69,312
Dec 20208968,04244.642.68$61,513
Nov 20209128,31838.772.71$57,871
Oct 20205457,72836.972.48$39,302
Sep 20209228,37937.091.99$50,880
Aug 20201,4608,95039.982.39$79,717
Jul 20205518,99438.371.83$37,557
Jun 20201,8038,81834.901.69$77,830
May 20205459,33716.921.81$26,166
Apr 20203637,86014.751.80$19,537
Mar 20207388,69330.341.86$38,527
Feb 20201,1508,23649.881.98$73,675
Jan 20201,3028,85057.252.09$93,078
Dec 20195768,85759.012.30$54,399
Nov 20191,2928,66255.302.75$95,274
Oct 20191,3058,52553.472.42$90,396
Sep 20197398,13055.052.66$62,286
Aug 20197558,99053.112.30$60,814
Jul 20199229,08656.272.46$74,233
Jun 20191,1178,40352.782.49$79,889
May 20191,1328,10158.482.74$88,399
Apr 20199578,47962.632.75$83,260
Mar 20199478,83656.803.06$80,846
Feb 20197577,75750.852.79$60,153
Jan 20199346,27046.033.23$63,233
Dec 20181,3188,50846.594.19$97,015
Nov 20187489,23252.934.24$78,710
Oct 20181,2889,69561.443.40$112,079
Sep 20181,4497,52459.543.11$109,658
Aug 20181,0787,78559.403.07$87,906
Jul 20181,2519,36965.142.93$108,959
Jun 20181,6098,87660.183.08$124,140
May 20181,2588,98965.382.90$108,323
Apr 20181,0778,28063.842.90$92,774
Mar 20181,2588,56161.222.79$100,873
Feb 20189057,61661.782.77$76,978
Jan 20181,0908,21362.874.01$101,457
Dec 20179257,81657.272.92$75,809
Nov 20171,2888,74955.423.12$98,663
Oct 20171,2608,72349.292.98$88,132
Sep 20171,2638,23747.523.09$85,448
Aug 20171,2509,01645.373.00$83,800
Jul 20171,5648,24143.873.09$94,055
Jun 20171,0648,67742.493.09$71,998
May 20171,4159,17145.373.26$94,127
Apr 20171,2048,20547.933.21$84,059
Mar 20171,3848,67446.772.98$90,610
Feb 20171,5387,49050.452.95$99,707
Jan 20177008,00949.413.42$61,968
Dec 20161,3708,95248.763.72$100,128
Nov 20161,2028,30342.492.64$73,029
Oct 20161,5738,87146.193.09$100,071
Sep 20161,3928,75541.553.10$84,984
Aug 20161,0278,68641.442.92$67,960
Jul 20161,3628,58341.622.92$81,786
Jun 20161,3748,46945.352.69$85,057
May 20161,5759,14042.521.99$85,167
Apr 20161,0538,14236.561.99$54,709
Mar 20161,6628,63033.011.79$70,345
Feb 20161,3077,60626.472.06$50,292
Jan 20161,4978,28427.352.36$60,529
Dec 20151,8468,11532.362.00$75,978
Nov 20151,0826,84138.792.17$56,797
Oct 20151,2477,95643.552.43$73,613
Sep 20151,4368,44242.992.76$85,020
Aug 20151,6018,54440.162.87$88,839
Jul 20151,5898,70748.152.95$102,153
Jun 20151,2618,96956.152.88$96,662
May 20151,6228,54455.212.96$114,802
Apr 20151,4438,08949.822.71$93,784
Mar 20151,2748,56842.892.93$79,786
Feb 20159107,27644.662.98$62,295
Jan 20151,2928,69143.433.10$83,059
Dec 20141,6578,94954.693.59$122,760
Nov 20141,4608,68570.464.25$139,799
Oct 20141,2508,97578.303.90$132,886
Sep 20141,6179,36586.164.05$177,206
Aug 20141,876089.394.04$167,696
Jul 20141,9639,48396.564.18$229,182
Jun 20141,5998,99698.164.74$199,571
May 20142,6698,99694.734.73$295,355
Apr 20141,7828,54195.944.81$212,040
Mar 20141,7799,31895.895.06$217,708
Feb 20141,2128,35597.406.19$169,783
Jan 20141,4117,06790.404.86$161,905
Dec 20131,2428,11991.824.35$149,394
Nov 20131,5878,10388.853.74$171,296
Oct 20131,3839,06597.423.78$168,992
Sep 20131,8869,991104.113.72$233,495
Aug 20131,8939,994104.253.52$232,550
Jul 20132,0449,357102.523.72$244,338
Jun 20131,3749,46694.403.93$166,939
May 20131,540094.834.15$146,038
Apr 20131,3858,43293.964.28$166,245
Mar 20131,7859,27093.623.91$203,384
Feb 201307,21791.233.42$24,681
Jan 20131,9578,92991.603.42$209,798
Dec 20121,6129,05886.773.42$170,853
Nov 20121,7919,38486.953.62$189,744
Oct 20122,4949,66589.383.40$255,772
Sep 20121,4159,59494.672.92$161,957
Aug 20122,1239,80392.662.91$225,226
Jul 20122,4729,03885.133.02$237,743
Jun 20121,2379,89479.822.52$123,661
May 20121,8948,93391.612.49$195,738
Apr 20122,25110,186101.652.00$249,154
Mar 20122,97711,156105.052.22$337,523
Feb 20121,5169,085101.102.57$176,618
Jan 20122,37211,73398.092.73$264,748
Dec 20111,93311,80096.873.24$225,479
Nov 20111,7629,80495.723.31$201,122
Oct 20111,88310,28784.983.65$197,550
Sep 20112,48610,57883.623.99$250,041
Aug 20112,4098,62983.404.15$236,715
Jul 20111,7468,55694.144.52$203,018
Jun 20112,2869,64592.904.64$257,121
May 20112,27910,35898.134.40$269,263
Apr 20111,96110,772105.964.33$254,466
Mar 20111,92810,83696.364.06$229,747
Feb 20111,94810,63385.644.18$211,272
Jan 20111,97410,95986.504.59$221,039
Dec 20103,38512,05985.734.35$342,626
Nov 20101,9198,24880.843.80$186,436
Oct 20102,48010,44978.103.51$230,352
Sep 20101,5899,63272.633.98$153,739
Aug 20102,7699,29873.684.42$245,111
Jul 20102,44010,81472.554.74$228,242
Jun 20102,5109,84470.364.91$224,942
May 20102,36911,07571.124.24$215,388
Apr 20102,68810,07181.694.12$261,102
Mar 20102,73110,00078.394.39$257,970
Feb 20102,3329,86173.585.44$225,256
Jan 20102,24810,86974.365.96$231,985
Dec 20092,59810,81771.445.48$244,919
Nov 20093,27512,57574.593.75$291,457
Oct 20092,41312,85072.544.11$227,856
Sep 20093,37613,44965.543.06$262,481
Aug 20093,30813,94267.423.22$267,898
Jul 20092,97914,44661.133.46$232,154
Jun 20094,2056,38066.163.90$303,053
May 20093,42015,89054.743.93$249,591
Apr 20094,56513,96346.773.59$263,597
Mar 20094,03318,06642.144.06$243,281
Feb 20095,59017,78532.814.63$265,806
Jan 20093,67410,72835.865.37$189,370
Dec 20086,83215,37637.105.98$345,372
Nov 20083,91816,59355.496.86$331,244
Oct 20086,08817,20275.246.92$577,133
Sep 20084,66117,852101.767.88$614,925
Aug 20089,29023,478114.228.48$1,260,268
Jul 200810,93017,109131.0811.39$1,627,566
Jun 200810,13323,600131.3313.03$1,638,337
May 20087,56114,497123.1711.57$1,099,081
Apr 20081,1065,584110.3110.45$180,383
Mar 20083,02010,132101.909.66$405,654
Feb 2008057792.538.77$5,061

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.

May 2026 — as filed, then multipliedworked
Oil                  372 bbl  × $106.41 =    $39,585
Casinghead gas     5,911 Mcf  × $  3.05 =    $18,004

────────────────────────────────────────────────────
Month total                                  $57,588

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/7988 is the state's own key, not one this site invented.