BUTLER

Operated by CORDA CORPORATION (P-5 177997) in the PALO PINTO COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243138District 7BField 68707001GasSaveExport
Value, all time
$91 k
Oct 2007 – Apr 2013
Value, last 12 filed months
$13
at the published price for each month
Months reported
67
no gaps in the span
Streams
1
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 344 leases and 721 wells, and the rule below applies to all of them.

Discovered
1915-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
GasProduction22,140 Mcf$90,731
Total$90,731

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 32.5333, -98.3407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53330, -98.34069 · 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
3,406 ft
1 wells filed one
Completion to plug
5.5 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 3,406 ft.

Completions filed
Oct 2007
1 of 1 wells
Plug dates filed
Apr 2013
1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633569013,406 ftOct 2007Apr 2013Yes

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 (67)

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

67 months

Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012479.822.52$10
May 2012191.612.49$2
Apr 20120101.652.00$0
Mar 201230105.052.22$67
Feb 2012124101.102.57$319
Jan 201212798.092.73$347
Dec 201114896.873.24$479
Nov 201116095.723.31$530
Oct 201117584.983.65$638
Sep 201117883.623.99$709
Aug 201120283.404.15$838
Jul 201121094.144.52$949
Jun 201118792.904.64$868
May 201113898.134.40$608
Apr 2011161105.964.33$698
Mar 201115496.364.06$625
Feb 201121085.644.18$878
Jan 201126586.504.59$1,216
Dec 201034185.734.35$1,483
Nov 201035180.843.80$1,332
Oct 201039978.103.51$1,400
Sep 201042372.633.98$1,683
Aug 201054373.684.42$2,400
Jul 201057272.554.74$2,709
Jun 201071670.364.91$3,516
May 201079871.124.24$3,380
Apr 201082881.694.12$3,414
Mar 201087578.394.39$3,840
Feb 201078773.585.44$4,283
Jan 201028874.365.96$1,718
Dec 200928571.445.48$1,563
Nov 200933374.593.75$1,249
Oct 200952372.544.11$2,150
Sep 200978365.543.06$2,400
Aug 20091,26867.423.22$4,081
Jul 20091,32861.133.46$4,601
Jun 20091,49166.163.90$5,807
May 20091,08754.743.93$4,267
Apr 20091,54746.773.59$5,550
Mar 20091,85842.144.06$7,542
Feb 20091,97632.814.63$9,155
Jan 200926635.865.37$1,429
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$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.

Jun 2012 — as filed, then multipliedworked
Gas                    4 Mcf  × $  2.52 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/243138 is the state's own key, not one this site invented.