DAVIS, MERRICK "23"

Operated by MCKEE, KENNETH W. OIL CO. (P-5 550500) in the HOWARD J. BASS (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27978District 7BField 42973250OilCasinghead gasSaveExport
Value, all time
$343 k
Aug 1996 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
140
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1996-08-28
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: AOF-1 AND AOF-2 EFFECTIVE 11/01/2010.

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
OilDisposition8,360 bbl$169,144
Casinghead gasProduction67,290 Mcf$173,373
Total$342,517

4,386 Mcf of this lease's gas, across 3 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 32.6871, -99.4043. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68713, -99.40432 · 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
0.0%
0 of 1 wells
Median depth
4,925 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,925 ft.

Completions filed
Aug 1996
1 of 1 wells

1 well

42-4173805514,925 ftAug 1996Yes

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 (140)

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

140 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
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 2001144023.933.20$3,446
Jun 2001032924.563.82$1,258
May 2001037425.524.31$1,611
Apr 2001050624.685.34$2,700
Mar 2001050724.545.38$2,726
Feb 2001056427.755.77$3,253
Jan 2001048427.478.40$4,065
Dec 2000046626.889.12$4,251
Nov 2000053932.215.66$3,050
Oct 2000050731.235.15$2,609
Sep 2000059931.875.19$3,107
Aug 2000066329.644.54$3,011
Jul 2000066828.534.09$2,732
Jun 2000061629.304.40$2,709
May 2000072127.263.68$2,653
Apr 2000072724.513.12$2,265
Mar 2000062628.422.86$1,790
Feb 2000062927.622.73$1,715
Jan 2000068425.272.48$1,697
Dec 1999090724.282.42$2,198
Nov 1999087123.192.43$2,120
Oct 199901,09020.982.80$3,056
Sep 199901,11021.752.62$2,907
Aug 199901,26619.262.88$3,641
Jul 1999057817.892.37$1,371
Jun 19991581,81815.942.36$6,813
May 19991752,35915.792.32$8,239
Apr 1999074015.102.21$1,634
Mar 199916884512.471.84$3,648
Feb 199907929.981.82$1,440
Jan 1999091710.381.90$1,742
Dec 199808799.201.77$1,559
Nov 1998093210.892.19$2,037
Oct 1998091512.421.97$1,802
Sep 1998095912.592.08$1,997
Aug 199810499111.301.91$3,065
Jul 199801,20611.742.24$2,698
Jun 199801,21711.242.24$2,723
May 199801,30512.622.21$2,879
Apr 19981441,42613.042.51$5,450
Mar 199801,49212.802.31$3,446
Feb 19981821,47513.952.30$5,930
Jan 199801,64314.702.15$3,540
Dec 19971681,61616.322.41$6,638
Nov 199701,73918.193.09$5,370
Oct 19971792,14519.253.15$10,202
Sep 19972142,26717.742.95$10,495
Aug 19971732,72817.862.55$10,059
Jul 19971692,63017.582.25$8,880
Jun 19975332,67717.242.26$15,231
May 19973502,68518.972.31$12,838
Apr 19973452,36117.882.08$11,086
Mar 19973581,41118.951.94$9,520
Feb 19976981,39220.492.21$17,373
Jan 19975201,31123.483.54$16,850
Dec 19965101,30923.32$11,893
Nov 19967011,72121.97$15,401
Oct 19961,379023.31$32,144
Sep 19969881,35622.22$21,953
Aug 19960020.26$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.

Jul 2001 — as filed, then multipliedworked
Oil                  144 bbl  × $ 23.93 =     $3,446
Casinghead gas         0 Mcf  × $  3.20 =         $0

────────────────────────────────────────────────────
Month total                                   $3,446

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/27978 is the state's own key, not one this site invented.