BOONE PICKENS

Operated by HOMINY CONSULTING, LLC (P-5 102424) 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 9551District 10Field 52019750OilCasinghead gasSaveExport
Value, all time
$4.7 M
Mar 2017 – May 2026
Value, last 12 filed months
$273 k
at the published price for each month
Months reported
111
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
OilDisposition59,422 bbl$3,597,778
Casinghead gasProduction341,953 Mcf$1,113,060
Total$4,710,838

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 35.9141, -100.9079. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

35.91406, -100.90795 · 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 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,600 ft
2 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 8,550 and 8,650 ft, median 8,600 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2017
2 of 2 wells
Plug dates filed
Sep 2016
1 of 2 wells; 1 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-39332693201H8,650 ftMar 2017
42-39332687101H8,550 ftMar 2017Sep 2016

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

May 20262581,058106.413.05$30,676
Apr 202625978298.932.87$27,867
Mar 202618533289.753.15$17,649
Feb 20261891,18863.503.75$16,457
Jan 20262591,25359.138.00$25,336
Dec 20252591,01156.664.41$19,137
Nov 20251891,07058.593.93$15,275
Oct 20253751,41359.383.30$26,937
Sep 20251851,67662.743.08$16,764
Aug 20253742,04463.933.01$30,072
Jul 20252572,06066.743.32$23,981
Jun 20252571,68866.483.13$22,367
May 20251901,58560.553.23$16,628
Apr 20254421,69562.363.54$33,569
Mar 20252571,66767.704.27$24,514
Feb 20253721,59770.884.34$33,300
Jan 202518799474.324.28$18,151
Dec 20243741,52268.993.12$30,553
Nov 20241882,27969.052.20$17,992
Oct 20241851,94571.372.28$17,641
Sep 20241872,30569.612.36$18,467
Aug 20243742,03175.632.06$32,477
Jul 20243742,17179.932.15$34,554
Jun 20241872,12678.082.63$20,201
May 20243742,45878.812.20$34,879
Apr 20243742,33484.451.66$35,457
Mar 20243702,35980.301.55$33,356
Feb 20243702,34676.091.78$32,338
Jan 20241854,40273.023.30$28,025
Dec 20233702,59271.262.61$33,133
Nov 20233702,86677.892.81$36,866
Oct 20233703,34685.443.09$41,943
Sep 20233703,17089.042.74$41,615
Aug 20233702,78480.522.67$37,234
Jul 20233702,96674.852.64$35,530
Jun 20233702,92368.962.26$32,117
May 20233702,13570.622.23$30,885
Apr 20233732,27578.122.24$34,230
Mar 20233702,72972.852.39$33,485
Feb 20231852,70375.112.47$20,560
Jan 20233703,19976.533.39$39,153
Dec 20223703,07476.415.73$45,883
Nov 20223703,49585.005.65$51,183
Oct 20223703,34687.185.86$51,877
Sep 20223703,93484.888.16$63,522
Aug 20223784,35794.529.13$75,496
Jul 20223702,734101.587.54$58,205
Jun 20223701,822115.097.98$57,118
May 20223702,567109.378.43$62,115
Apr 2022555927104.226.84$64,181
Mar 2022555235108.885.08$61,621
Feb 202218537291.054.86$18,652
Jan 20225552,60181.844.54$57,224
Dec 20215552,91271.323.90$50,937
Nov 20213702,19777.435.24$40,154
Oct 20215551,96679.795.71$55,517
Sep 20215632,90369.865.35$54,865
Aug 2021382066.024.22$25,220
Jul 20213701,12370.783.98$30,660
Jun 20215633,24469.493.38$50,090
May 20215533,77463.483.02$46,493
Apr 20213702,39960.362.76$28,951
Mar 20211853,62561.302.72$21,189
Feb 20215702,82657.805.55$48,625
Jan 20217344,16450.412.81$48,703
Dec 20203643,77544.642.68$26,349
Nov 20203643,77538.772.71$24,330
Oct 20203724,21936.972.48$24,209
Sep 20205573,61237.091.99$27,851
Aug 20207624,63739.982.39$41,524
Jul 20203764,63738.371.83$22,890
Jun 20209164,63634.901.69$39,805
May 20205494,54016.921.81$17,528
Apr 20209204,48114.751.80$21,655
Mar 20205734,55130.341.86$25,833
Feb 20203714,15849.881.98$26,741
Jan 20205784,01457.252.09$41,499
Dec 20193863,98359.012.30$31,956
Nov 20197704,39355.302.75$54,665
Oct 20195771,10653.472.42$33,527
Sep 20195704,36655.052.66$42,980
Aug 20197644,26453.112.30$50,402
Jul 20197684,04956.272.46$53,176
Jun 20197603,99252.782.49$50,058
May 20199284,13058.482.74$65,587
Apr 20197543,86662.632.75$57,857
Mar 20195704,07256.803.06$44,845
Feb 20199498,12350.852.79$70,938
Jan 20191,1406,60746.033.23$73,803
Dec 20189504,88146.594.19$64,690
Nov 20185723,57852.934.24$45,437
Oct 20187603,33861.443.40$58,037
Sep 20187624,61659.543.11$59,716
Aug 20187605,44759.403.07$61,848
Jul 20181,1475,43265.142.93$90,642
Jun 20189515,29360.183.08$73,517
May 20181,3551,84065.382.90$93,927
Apr 20187801,84063.842.90$55,133
Mar 20181,1477,20961.222.79$90,310
Feb 20189795,29861.782.77$75,138
Jan 20187715,21262.874.01$69,369
Dec 20177794,69557.272.92$58,330
Nov 20175886,82055.423.12$53,854
Oct 20171,1706,14049.292.98$75,989
Sep 20171,1667,28847.523.09$77,908
Aug 20171,3556,28845.373.00$80,368
Jul 20172,9253,90343.873.09$140,369
Jun 20171,1993,17342.493.09$60,741
May 2017786045.373.26$35,661
Apr 20170047.933.21$0
Mar 20170046.772.98$0

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                  258 bbl  × $106.41 =    $27,454
Casinghead gas     1,058 Mcf  × $  3.05 =     $3,223

────────────────────────────────────────────────────
Month total                                  $30,676

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/9551 is the state's own key, not one this site invented.