BAYS, MIKE

Operated by 9K INVESTMENTS LLC (P-5 988752) in the DESDEMONA, E. (CADDO, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277960District 7BField 24390250CondensateGasSaveExport
Value, all time
$66 k
Oct 2013 – Jun 2025
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
141
no gaps in the span
Streams
2
condensate, 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 18 leases and 19 wells, and the rule below applies to all of them.

Discovered
1967-04-04
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 05/01/92.

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
CondensateDisposition106 bbl$6,778
GasProduction18,973 Mcf$59,145
Total$65,923

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 32.2726, -98.4204. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27260, -98.42038 · 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
3,878 ft
1 wells filed one
Completion to plug
16.8 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 3,878 ft.

Completions filed
Aug 2008
1 of 1 wells
Plug dates filed
Jun 2025
1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1430004413,878 ftAug 2008Jun 2025Yes

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 (141)

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

141 months

Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20252070.884.34$142
Jan 20254074.324.28$297
Dec 20244068.993.12$276
Nov 20244069.052.20$276
Oct 20244071.372.28$285
Sep 20244069.612.36$278
Aug 20244075.632.06$303
Jul 20244079.932.15$320
Jun 20244078.082.63$312
May 20244078.812.20$315
Apr 20244084.451.66$338
Mar 20244080.301.55$321
Feb 20244076.091.78$304
Jan 20244073.023.30$292
Dec 20234071.262.61$285
Nov 20230077.892.81$0
Oct 20234085.443.09$342
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202105757.805.55$316
Jan 2021027550.412.81$773
Dec 2020019744.642.68$527
Nov 202006338.772.71$171
Oct 202005536.972.48$136
Sep 20200037.091.99$0
Aug 202005839.982.39$138
Jul 202005438.371.83$99
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020020014.751.80$361
Mar 2020022130.341.86$410
Feb 2020021149.881.98$418
Jan 2020021757.252.09$455
Dec 2019022859.012.30$525
Nov 2019023955.302.75$657
Oct 2019024253.472.42$585
Sep 2019019255.052.66$510
Aug 2019013353.112.30$306
Jul 2019025456.272.46$625
Jun 2019025152.782.49$625
May 2019025758.482.74$704
Apr 2019026162.632.75$718
Mar 2019023456.803.06$717
Feb 2019023450.852.79$653
Jan 2019027546.033.23$888
Dec 2018026546.594.19$1,109
Nov 2018025252.934.24$1,068
Oct 2018026861.443.40$911
Sep 2018027259.543.11$845
Aug 2018028759.403.07$880
Jul 2018028765.142.93$841
Jun 2018027760.183.08$852
May 2018025865.382.90$748
Apr 2018025763.842.90$746
Mar 2018023161.222.79$644
Feb 2018010561.782.77$290
Jan 2018012462.874.01$497
Dec 2017018557.272.92$540
Nov 2017023155.423.12$720
Oct 2017015649.292.98$465
Sep 20174422847.523.09$2,795
Aug 2017025245.373.00$757
Jul 2017025043.873.09$772
Jun 2017026242.493.09$809
May 2017019845.373.26$646
Apr 2017023347.933.21$748
Mar 2017026346.772.98$785
Feb 2017024850.452.95$732
Jan 2017020549.413.42$701
Dec 2016026148.763.72$972
Nov 2016027442.492.64$725
Oct 2016020146.193.09$621
Sep 2016027041.553.10$837
Aug 2016027241.442.92$795
Jul 2016032741.622.92$956
Jun 2016020045.352.69$537
May 2016012242.521.99$243
Apr 2016021536.561.99$428
Mar 2016012333.011.79$221
Feb 2016021326.472.06$440
Jan 2016022627.352.36$534
Dec 2015024032.362.00$480
Nov 2015023038.792.17$498
Oct 2015025243.552.43$612
Sep 2015025642.992.76$706
Aug 2015016740.162.87$480
Jul 2015027948.152.95$822
Jun 2015025056.152.88$721
May 2015028855.212.96$851
Apr 2015028549.822.71$771
Mar 2015031342.892.93$919
Feb 2015015644.662.98$464
Jan 201509143.433.10$282
Dec 2014026154.693.59$937
Nov 2014025070.464.25$1,063
Oct 2014025978.303.90$1,010
Sep 2014025086.164.05$1,011
Aug 2014025489.394.04$1,025
Jul 2014023796.564.18$991
Jun 2014024398.164.74$1,151
May 2014024994.734.73$1,177
Apr 2014023695.944.81$1,135
Mar 2014021495.895.06$1,082
Feb 2014015797.406.19$972
Jan 2014019790.404.86$958
Dec 2013022291.824.35$967
Nov 2013020988.853.74$781
Oct 2013022297.423.78$839

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 2025 — as filed, then multipliedworked
Condensate             2 bbl  × $ 70.88 =       $142
Gas                    0 Mcf  × $  4.34 =         $0

────────────────────────────────────────────────────
Month total                                     $142

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/277960 is the state's own key, not one this site invented.