PITTS-MURDOCK

Operated by MEHAFFEY INVESTMENTS, INC. (P-5 559355) in the HANVEY (LAKE SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20349District 7BField 38822450NGPA filingOilCasinghead gasSaveExport
Value, all time
$33 k
Jan 1993 – Jan 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
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 44 leases and 50 wells, and the rule below applies to all of them.

Discovered
1983-10-01
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 12/01/89.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA4none

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.

StreamBasisVolumeValue
OilDisposition869 bbl$12,608
Casinghead gasProduction32,636 Mcf$20,221
Total$32,828

23,917 Mcf of this lease's gas, across 47 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 32.4055, -98.9960. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.40546, -98.99599 · 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
50.0%
1 of 2 wells
Median depth
4,124 ft
2 wells filed one
Completion to plug
20.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 4,099 and 4,148 ft, median 4,124 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1983 – Feb 1983
2 of 2 wells
Plug dates filed
Dec 2003
1 of 2 wells; 1 filed none

Last completion to plug: a median of 20.8 years across the 1 well that filed both dates, with the middle half between 20.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1333466224,099 ftFeb 1983Dec 2003Yes
42-1333454714,148 ftJan 1983Yes

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 (133)

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

133 months

Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 199914519812.471.84$2,172
Feb 199902159.981.82$391
Jan 1999026810.381.90$509
Dec 199802979.201.77$527
Nov 1998033910.892.19$741
Oct 1998032712.421.97$644
Sep 1998033212.592.08$691
Aug 1998039711.301.91$757
Jul 1998042111.742.24$942
Jun 1998044111.242.24$987
May 1998045412.622.21$1,002
Apr 199818538213.042.51$3,369
Mar 1998031312.802.31$723
Feb 1998027813.952.30$639
Jan 1998031914.702.15$687
Dec 1997032216.322.41$776
Nov 1997033518.193.09$1,035
Oct 1997034819.253.15$1,096
Sep 1997035117.742.95$1,037
Aug 1997034717.862.55$886
Jul 1997034617.582.25$777
Jun 1997035517.242.26$801
May 1997035118.972.31$810
Apr 1997021017.882.08$437
Mar 1997026518.951.94$514
Feb 1997023220.492.21$512
Jan 1997027623.483.54$977
Dec 1996629223.32$140
Nov 1996025921.97$0
Oct 1996030823.31$0
Sep 1996029722.22$0
Aug 1996031420.26$0
Jul 1996031219.55$0
Jun 1996031218.73$0
May 1996042119.43$0
Apr 1996042321.51$0
Mar 1996042019.38$0
Feb 1996041216.98$0
Jan 1996042317.07$0
Dec 19954643017.19$791
Nov 19950016.00$0
Oct 1995043715.43$0
Sep 1995041516.18$0
Aug 1995039015.92$0
Jul 1995038915.24$0
Jun 1995059616.41$0
May 1995057917.56$0
Apr 1995036617.73$0
Mar 1995037316.44$0
Feb 1995025916.58$0
Jan 1995054215.92$0
Dec 1994055315.03$0
Nov 1994054915.90$0
Oct 19949558615.58$1,480
Sep 1994158315.29$15
Aug 1994063616.13$0
Jul 1994166017.56$18
Jun 1994068117.09$0
May 1994067815.88$0
Apr 1994050314.14$0
Mar 199418049312.46$2,243
Feb 1994160512.50$13
Jan 1994168612.66$13
Dec 19931651512.33$197
Nov 1993045714.49$0
Oct 1993067415.85$0
Sep 1993175115.03$15
Aug 1993071315.66$0
Jul 1993071115.46$0
Jun 1993169716.79$17
May 1993063817.68$0
Apr 1993062718.05$0
Mar 199318965918.14$3,428
Feb 1993160417.90$18
Jan 1993068916.93$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.

Mar 1999 — as filed, then multipliedworked
Oil                  145 bbl  × $ 12.47 =     $1,808
Casinghead gas       198 Mcf  × $  1.84 =       $364

────────────────────────────────────────────────────
Month total                                   $2,172

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/20349 is the state's own key, not one this site invented.