MILBURN

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

Operated by BASAL CORPORATION (P-5 53975) in the GRANBURY, NE. (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 104143District 7BField 36333400NGPA filingCondensateGasSave Export

Value, all time

$587 k

Jan 1993 – Nov 2016

Value, last 12 filed months

at the published price for each month

Months reported

287

no gaps in the span

Streams

condensate, gas

The GRANBURY, NE. (MARBLE FALLS) 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 71 leases and 71 wells, and the rule below applies to all of them.

Discovered

1979-09-20

as the register files it

Field class

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 1989-04-03.

The Commission's schedule remark for this field reads: “OPTIONAL ACREAGE OF 40 ACRES W/2100' DIAG.”

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	1	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
Condensate	Disposition	261 bbl	$4,999
Gas	Production	230,994 Mcf	$581,751
Total			$586,750

90,408 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 (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 32.5537, -97.7064. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55371, -97.70642 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,009 ft

1 wells filed one

Completion to plug

27.4 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 6,009 ft.

Completions filed

Dec 1982

1 of 1 wells

Plug dates filed

May 2010

1 of 1 wells

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-22130705	1	6,009 ft	Dec 1982	May 2010	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 (287)

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

287 months


Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
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	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	9	0	73.68	4.42	$663
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	42	114.22	8.48	$356
Jul 2008	0	190	131.08	11.39	$2,164
Jun 2008	0	34	131.33	13.03	$443
May 2008	0	172	123.17	11.57	$1,991
Apr 2008	0	165	110.31	10.45	$1,725
Mar 2008	0	51	101.90	9.66	$493
Feb 2008	0	62	92.53	8.77	$544
Jan 2008	0	99	90.38	8.21	$812
Dec 2007	0	221	88.33	7.30	$1,614
Nov 2007	0	140	91.67	7.29	$1,021
Oct 2007	0	170	82.85	6.92	$1,177
Sep 2007	0	213	75.84	6.24	$1,330
Aug 2007	0	288	69.06	6.39	$1,840
Jul 2007	0	177	70.90	6.39	$1,131
Jun 2007	0	131	62.00	7.55	$989
May 2007	0	180	58.74	7.85	$1,412
Apr 2007	0	244	59.61	7.81	$1,904
Mar 2007	0	293	56.92	7.30	$2,139
Feb 2007	0	268	55.10	8.22	$2,202
Jan 2007	0	186	50.30	6.73	$1,251
Dec 2006	0	324	56.65	6.92	$2,242
Nov 2006	0	358	54.20	7.62	$2,727
Oct 2006	0	668	54.90	6.01	$4,017
Sep 2006	0	552	60.08	5.04	$2,781
Aug 2006	0	824	68.71	7.34	$6,048
Jul 2006	0	824	69.37	6.34	$5,226
Jun 2006	0	243	66.28	6.38	$1,551
May 2006	0	354	66.01	6.42	$2,274
Apr 2006	0	401	64.39	7.36	$2,952
Mar 2006	0	516	56.70	7.08	$3,655
Feb 2006	0	489	57.59	7.75	$3,790
Jan 2006	0	543	60.59	8.93	$4,851
Dec 2005	0	707	54.94	13.42	$9,485
Nov 2005	0	798	54.69	10.59	$8,450
Oct 2005	0	918	58.34	13.80	$12,665
Sep 2005	0	974	61.45	12.08	$11,765
Aug 2005	0	966	61.51	9.80	$9,464
Jul 2005	0	929	55.69	7.84	$7,287
Jun 2005	0	824	52.33	7.38	$6,082
May 2005	0	710	45.22	6.65	$4,722
Apr 2005	0	959	49.20	7.36	$7,059
Mar 2005	0	710	50.37	7.15	$5,080
Feb 2005	0	629	45.22	6.31	$3,970
Jan 2005	0	659	43.16	6.32	$4,166
Dec 2004	0	719	39.86	6.75	$4,854
Nov 2004	0	573	45.28	6.33	$3,627
Oct 2004	0	342	49.70	6.52	$2,228
Sep 2004	0	447	43.24	5.28	$2,362
Aug 2004	0	363	42.37	5.55	$2,015
Jul 2004	0	571	38.28	6.08	$3,474
Jun 2004	0	695	36.10	6.43	$4,471
May 2004	0	1,022	37.48	6.49	$6,637
Apr 2004	0	959	34.47	5.86	$5,618
Mar 2004	0	1,003	34.36	5.53	$5,547
Feb 2004	0	771	32.45	5.51	$4,248
Jan 2004	0	661	32.03	6.30	$4,164
Dec 2003	0	786	30.26	6.30	$4,953
Nov 2003	0	836	28.80	4.60	$3,842
Oct 2003	0	1,345	28.17	4.76	$6,402
Sep 2003	0	898	26.31	4.75	$4,265
Aug 2003	0	966	29.76	5.13	$4,955
Jul 2003	0	1,187	29.41	5.17	$6,138
Jun 2003	0	1,037	28.56	5.98	$6,204
May 2003	0	1,345	26.59	5.97	$8,033
Apr 2003	0	1,452	26.67	5.41	$7,851
Mar 2003	0	1,144	31.14	6.10	$6,974
Feb 2003	0	1,020	33.48	7.93	$8,084
Jan 2003	0	1,342	30.31	5.58	$7,491
Dec 2002	0	923	26.91	4.85	$4,480
Nov 2002	0	987	24.66	4.14	$4,083
Oct 2002	0	1,210	26.46	4.23	$5,117
Sep 2002	0	1,245	27.44	3.64	$4,526
Aug 2002	0	1,483	25.96	3.16	$4,692
Jul 2002	0	1,343	24.58	3.06	$4,112
Jun 2002	0	1,043	23.73	3.34	$3,482
May 2002	0	1,089	24.66	3.58	$3,903
Apr 2002	0	968	23.65	3.51	$3,400
Mar 2002	0	1,229	22.00	3.10	$3,813
Feb 2002	0	1,154	18.22	2.38	$2,742
Jan 2002	0	1,150	17.17	2.38	$2,732
Dec 2001	0	1,173	16.93	2.36	$2,773
Nov 2001	0	1,316	18.07	2.41	$3,166
Oct 2001	0	1,559	19.78	2.53	$3,943
Sep 2001	0	732	24.26	2.25	$1,648
Aug 2001	0	912	24.87	3.05	$2,784
Jul 2001	0	1,099	23.93	3.20	$3,514
Jun 2001	0	668	24.56	3.82	$2,555
May 2001	0	807	25.52	4.31	$3,476
Apr 2001	0	889	24.68	5.34	$4,743
Mar 2001	0	931	24.54	5.38	$5,005
Feb 2001	0	828	27.75	5.77	$4,775
Jan 2001	0	1,068	27.47	8.40	$8,970
Dec 2000	0	1,090	26.88	9.12	$9,944
Nov 2000	0	1,325	32.21	5.66	$7,497
Oct 2000	0	1,011	31.23	5.15	$5,202
Sep 2000	0	940	31.87	5.19	$4,875
Aug 2000	0	1,255	29.64	4.54	$5,699
Jul 2000	0	1,210	28.53	4.09	$4,949
Jun 2000	0	1,359	29.30	4.40	$5,976
May 2000	0	1,180	27.26	3.68	$4,342
Apr 2000	0	1,201	24.51	3.12	$3,742
Mar 2000	0	1,380	28.42	2.86	$3,946
Feb 2000	0	1,436	27.62	2.73	$3,915
Jan 2000	0	1,429	25.27	2.48	$3,545
Dec 1999	0	1,460	24.28	2.42	$3,539
Nov 1999	0	1,096	23.19	2.43	$2,668
Oct 1999	0	1,244	20.98	2.80	$3,488
Sep 1999	0	1,289	21.75	2.62	$3,376
Aug 1999	0	1,350	19.26	2.88	$3,882
Jul 1999	0	1,447	17.89	2.37	$3,433
Jun 1999	0	1,314	15.94	2.36	$3,104
May 1999	0	1,545	15.79	2.32	$3,586
Apr 1999	0	1,447	15.10	2.21	$3,195
Mar 1999	0	1,789	12.47	1.84	$3,289
Feb 1999	0	1,219	9.98	1.82	$2,216
Jan 1999	0	1,419	10.38	1.90	$2,696
Dec 1998	0	1,382	9.20	1.77	$2,451
Nov 1998	0	1,522	10.89	2.19	$3,327
Oct 1998	0	1,510	12.42	1.97	$2,974
Sep 1998	0	1,711	12.59	2.08	$3,563
Aug 1998	0	1,204	11.30	1.91	$2,296
Jul 1998	0	1,439	11.74	2.24	$3,219
Jun 1998	0	1,621	11.24	2.24	$3,627
May 1998	0	1,757	12.62	2.21	$3,877
Apr 1998	0	1,748	13.04	2.51	$4,379
Mar 1998	0	2,034	12.80	2.31	$4,697
Feb 1998	0	1,820	13.95	2.30	$4,184
Jan 1998	0	2,022	14.70	2.15	$4,357
Dec 1997	0	1,942	16.32	2.41	$4,682
Nov 1997	0	1,792	18.19	3.09	$5,534
Oct 1997	0	2,006	19.25	3.15	$6,319
Sep 1997	0	1,900	17.74	2.95	$5,614
Aug 1997	0	1,563	17.86	2.55	$3,993
Jul 1997	0	1,785	17.58	2.25	$4,011
Jun 1997	0	2,033	17.24	2.26	$4,589
May 1997	0	1,740	18.97	2.31	$4,017
Apr 1997	0	1,903	17.88	2.08	$3,964
Mar 1997	0	2,018	18.95	1.94	$3,913
Feb 1997	0	1,902	20.49	2.21	$4,196
Jan 1997	0	2,302	23.48	3.54	$8,148
Dec 1996	0	1,162	23.32	—	$0
Nov 1996	0	1,388	21.97	—	$0
Oct 1996	0	1,942	23.31	—	$0
Sep 1996	0	1,741	22.22	—	$0
Aug 1996	0	1,629	20.26	—	$0
Jul 1996	0	2,191	19.55	—	$0
Jun 1996	0	1,909	18.73	—	$0
May 1996	0	2,148	19.43	—	$0
Apr 1996	0	2,051	21.51	—	$0
Mar 1996	0	2,255	19.38	—	$0
Feb 1996	0	1,501	16.98	—	$0
Jan 1996	0	2,116	17.07	—	$0
Dec 1995	0	2,325	17.19	—	$0
Nov 1995	0	2,285	16.00	—	$0
Oct 1995	0	2,226	15.43	—	$0
Sep 1995	0	2,276	16.18	—	$0
Aug 1995	0	1,339	15.92	—	$0
Jul 1995	0	1,588	15.24	—	$0
Jun 1995	0	1,633	16.41	—	$0
May 1995	136	1,572	17.56	—	$2,388
Apr 1995	0	1,426	17.73	—	$0
Mar 1995	0	1,943	16.44	—	$0
Feb 1995	0	1,787	16.58	—	$0
Jan 1995	0	1,157	15.92	—	$0
Dec 1994	0	1,689	15.03	—	$0
Nov 1994	0	2,010	15.90	—	$0
Oct 1994	0	1,777	15.58	—	$0
Sep 1994	0	2,176	15.29	—	$0
Aug 1994	0	971	16.13	—	$0
Jul 1994	0	2,113	17.56	—	$0
Jun 1994	0	1,449	17.09	—	$0
May 1994	0	2,024	15.88	—	$0
Apr 1994	0	1,557	14.14	—	$0
Mar 1994	0	1,390	12.46	—	$0
Feb 1994	0	1,886	12.50	—	$0
Jan 1994	0	2,105	12.66	—	$0
Dec 1993	0	1,974	12.33	—	$0
Nov 1993	0	2,078	14.49	—	$0
Oct 1993	0	1,400	15.85	—	$0
Sep 1993	0	2,283	15.03	—	$0
Aug 1993	0	1,724	15.66	—	$0
Jul 1993	0	2,150	15.46	—	$0
Jun 1993	116	2,107	16.79	—	$1,948
May 1993	0	2,311	17.68	—	$0
Apr 1993	0	2,054	18.05	—	$0
Mar 1993	0	2,554	18.14	—	$0
Feb 1993	0	2,532	17.90	—	$0
Jan 1993	0	2,504	16.93	—	$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.

Aug 2010 — as filed, then multipliedworked

Condensate             9 bbl  × $ 73.68 =       $663
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                     $663

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. 7B/G/104143 is the state's own key, not one this site invented.