MCCULLOUGH, J.

Operated by BUD OIL, INC. (P-5 106343) in the JONES COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17469District 7BField 47113001OilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – Jul 2014
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
259
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 738 leases and 1,432 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil
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
OilDisposition51,799 bbl$1,614,761
Casinghead gasProduction19 Mcf$0
Total$1,614,761

19 Mcf of this lease's gas, across 19 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 (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 32.9143, -99.8773. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.91432, -99.87725 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,591 ft
2 wells filed one
Completion to plug
32.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 2,588 and 2,594 ft, median 2,591 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1981 – Aug 1982
2 of 2 wells
Plug dates filed
Mar 2014
2 of 2 wells

Last completion to plug: a median of 32.2 years across the 2 wells that filed both dates, with the middle half between 31.8 years and 32.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2533222222,594 ftAug 1982Mar 2014Yes
42-2533188312,588 ftJul 1981Mar 2014Yes

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 (259)

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

259 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014165097.406.19$16,071
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013173088.853.74$15,371
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131720102.523.72$17,633
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013206093.623.91$19,286
Feb 20130091.233.42$0
Jan 2013184091.603.42$16,854
Dec 20120086.773.42$0
Nov 2012196086.953.62$17,042
Oct 20120089.383.40$0
Sep 2012194094.672.92$18,366
Aug 20120092.662.91$0
Jul 2012101085.133.02$8,598
Jun 2012180079.822.52$14,368
May 20120091.612.49$0
Apr 20121880101.652.00$19,110
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012196098.092.73$19,226
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011176084.983.65$14,956
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011187098.134.40$18,350
Apr 201100105.964.33$0
Mar 2011181096.364.06$17,441
Feb 20110085.644.18$0
Jan 2011197086.504.59$17,041
Dec 2010180085.734.35$15,431
Nov 20100080.843.80$0
Oct 2010195078.103.51$15,230
Sep 20100072.633.98$0
Aug 2010174073.684.42$12,820
Jul 2010188072.554.74$13,639
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010179081.694.12$14,623
Mar 20100078.394.39$0
Feb 2010175073.585.44$12,877
Jan 20100074.365.96$0
Dec 2009183071.445.48$13,074
Nov 20090074.593.75$0
Oct 2009182072.544.11$13,202
Sep 20090065.543.06$0
Aug 2009186067.423.22$12,540
Jul 20090061.133.46$0
Jun 2009180066.163.90$11,909
May 20090054.743.93$0
Apr 2009176046.773.59$8,232
Mar 2009175042.144.06$7,375
Feb 2009170032.814.63$5,578
Jan 20090035.865.37$0
Dec 2008177037.105.98$6,567
Nov 20080055.496.86$0
Oct 2008181075.246.92$13,618
Sep 200800101.767.88$0
Aug 20081760114.228.48$20,103
Jul 200800131.0811.39$0
Jun 20081750131.3313.03$22,983
May 200800123.1711.57$0
Apr 20081750110.3110.45$19,304
Mar 200800101.909.66$0
Feb 2008177092.538.77$16,378
Jan 2008177090.388.21$15,997
Dec 20070088.337.30$0
Nov 2007173091.677.29$15,859
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007171070.906.39$12,124
Jun 20070062.007.55$0
May 2007177058.747.85$10,397
Apr 2007177059.617.81$10,551
Mar 2007174056.927.30$9,904
Feb 20070055.108.22$0
Jan 2007179050.306.73$9,004
Dec 2006179056.656.92$10,140
Nov 20060054.207.62$0
Oct 2006176054.906.01$9,662
Sep 2006169060.085.04$10,154
Aug 2006177068.717.34$12,162
Jul 2006179069.376.34$12,417
Jun 2006174066.286.38$11,533
May 2006174066.016.42$11,486
Apr 2006179064.397.36$11,526
Mar 2006166056.707.08$9,412
Feb 20060057.597.75$0
Jan 2006161060.598.93$9,755
Dec 2005179054.9413.42$9,834
Nov 2005168054.6910.59$9,188
Oct 2005156058.3413.80$9,101
Sep 20050061.4512.08$0
Aug 2005175061.519.80$10,764
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005159045.226.65$7,190
Apr 2005155049.207.36$7,626
Mar 2005161050.377.15$8,110
Feb 2005180045.226.31$8,140
Jan 2005182043.166.32$7,855
Dec 2004174039.866.75$6,936
Nov 2004104045.286.33$4,709
Oct 2004179049.706.52$8,896
Sep 2004156043.245.28$6,745
Aug 2004178042.375.55$7,542
Jul 2004170038.286.08$6,508
Jun 2004350036.106.43$12,635
May 2004142037.486.49$5,322
Apr 20040034.475.86$0
Mar 2004161034.365.53$5,532
Feb 2004180032.455.51$5,841
Jan 2004178032.036.30$5,701
Dec 2003178030.266.30$5,386
Nov 2003173028.804.60$4,982
Oct 2003356028.174.76$10,029
Sep 2003175026.314.75$4,604
Aug 2003173029.765.13$5,148
Jul 2003179029.415.17$5,264
Jun 2003170028.565.98$4,855
May 2003179026.595.97$4,760
Apr 2003181026.675.41$4,827
Mar 2003353031.146.10$10,992
Feb 2003171033.487.93$5,725
Jan 2003356030.315.58$10,790
Dec 20020026.914.85$0
Nov 2002361024.664.14$8,902
Oct 2002203026.464.23$5,371
Sep 2002176027.443.64$4,829
Aug 2002554025.963.16$14,382
Jul 20020024.583.06$0
Jun 2002184023.733.34$4,366
May 2002352024.663.58$8,680
Apr 2002175023.653.51$4,139
Mar 2002359022.003.10$7,898
Feb 2002183018.222.38$3,334
Jan 2002177017.172.38$3,039
Dec 2001362016.932.36$6,129
Nov 2001177018.072.41$3,198
Oct 2001355019.782.53$7,022
Sep 2001354024.262.25$8,588
Aug 2001174024.873.05$4,327
Jul 2001178023.933.20$4,260
Jun 2001176024.563.82$4,323
May 2001360025.524.31$9,187
Apr 2001168024.685.34$4,146
Mar 2001184024.545.38$4,515
Feb 2001185027.755.77$5,134
Jan 2001368027.478.40$10,109
Dec 2000170026.889.12$4,570
Nov 2000528032.215.66$17,007
Oct 2000173031.235.15$5,403
Sep 20000031.875.19$0
Aug 2000332029.644.54$9,840
Jul 2000171028.534.09$4,879
Jun 2000351029.304.40$10,284
May 2000346027.263.68$9,432
Apr 2000178024.513.12$4,363
Mar 2000182028.422.86$5,172
Feb 2000529027.622.73$14,611
Jan 2000185025.272.48$4,675
Dec 1999366024.282.42$8,886
Nov 1999337023.192.43$7,815
Oct 1999180020.982.80$3,776
Sep 1999341021.752.62$7,417
Aug 1999325019.262.88$6,260
Jul 1999352017.892.37$6,297
Jun 1999359015.942.36$5,722
May 1999181015.792.32$2,858
Apr 1999363015.102.21$5,481
Mar 1999174012.471.84$2,170
Feb 199934509.981.82$3,443
Jan 1999173010.381.90$1,796
Dec 199835609.201.77$3,275
Nov 1998178010.892.19$1,938
Oct 1998337012.421.97$4,186
Sep 1998528012.592.08$6,648
Aug 1998181011.301.91$2,045
Jul 1998513011.742.24$6,023
Jun 1998174011.242.24$1,956
May 1998514012.622.21$6,487
Apr 1998345013.042.51$4,499
Mar 1998331012.802.31$4,237
Feb 1998169013.952.30$2,358
Jan 1998503014.702.15$7,394
Dec 1997173016.322.41$2,823
Nov 1997341018.193.09$6,203
Oct 1997168019.253.15$3,234
Sep 1997344017.742.95$6,103
Aug 1997344017.862.55$6,144
Jul 1997340017.582.25$5,977
Jun 1997347017.242.26$5,982
May 1997343018.972.31$6,507
Apr 1997343017.882.08$6,133
Mar 1997342018.951.94$6,481
Feb 1997164020.492.21$3,360
Jan 1997326023.483.54$7,654
Dec 1996364023.32$8,488
Nov 1996343021.97$7,536
Oct 1996354023.31$8,252
Sep 1996362022.22$8,044
Aug 1996360020.26$7,294
Jul 1996362019.55$7,077
Jun 1996364018.73$6,818
May 1996181019.43$3,517
Apr 1996348021.51$7,485
Mar 1996536019.38$10,388
Feb 1996174016.98$2,955
Jan 1996531017.07$9,064
Dec 1995182017.19$3,129
Nov 1995364016.00$5,824
Oct 1995526015.43$8,116
Sep 19950016.18$0
Aug 1995535015.92$8,517
Jul 1995351015.24$5,349
Jun 1995349016.41$5,727
May 1995352017.56$6,181
Apr 1995347017.73$6,152
Mar 1995349016.44$5,738
Feb 1995341016.58$5,654
Jan 1995356015.92$5,668
Dec 1994173015.03$2,600
Nov 1994526015.90$8,363
Oct 1994175015.58$2,727
Sep 1994351015.29$5,367
Aug 1994174016.13$2,807
Jul 1994513117.56$9,008
Jun 1994342117.09$5,845
May 1994174115.88$2,763
Apr 1994347114.14$4,907
Mar 1994518112.46$6,454
Feb 1994354112.50$4,425
Jan 1994348112.66$4,406
Dec 1993339112.33$4,180
Nov 1993356114.49$5,158
Oct 1993347115.85$5,500
Sep 1993335115.03$5,035
Aug 1993331115.66$5,183
Jul 1993348115.46$5,380
Jun 1993353116.79$5,927
May 1993351117.68$6,206
Apr 1993174118.05$3,141
Mar 1993525118.14$9,524
Feb 1993359117.90$6,426
Jan 1993352116.93$5,959

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 2014 — as filed, then multipliedworked
Oil                  165 bbl  × $ 97.40 =    $16,071
Casinghead gas         0 Mcf  × $  6.19 =         $0

────────────────────────────────────────────────────
Month total                                  $16,071

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/O/17469 is the state's own key, not one this site invented.