BRANCH

Name: BRANCH lease production and value, Jan 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RAY HERRING ESTATE (P-5 695237) in the MCINTOSH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28223District 7BField 59542500OilCasinghead gasSave Export

Value, all time

$575 k

Jan 1997 – Feb 2016

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

230

no gaps in the span

Streams

oil, casinghead gas

The MCINTOSH (STRAWN) field

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 53 leases and 53 wells, and the rule below applies to all of them.

Discovered

1976-08-21

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: “EFFECTIVE 11/01/82”

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.

Stream	Basis	Volume	Value
Oil	Disposition	14,513 bbl	$521,197
Casinghead gas	Production	10,740 Mcf	$54,107
Total			$575,304

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 32.9926, -100.5002. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.99262, -100.50023 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,197 ft

1 wells filed one

Completion to plug

17.2 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 6,197 ft.

Completions filed

Jan 1997

1 of 1 wells

Plug dates filed

Mar 2014

1 of 1 wells

Last completion to plug: a median of 17.2 years across the 1 well that filed both dates, with the middle half between 17.2 years and 17.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-43332953	1	6,197 ft	Jan 1997	Mar 2014	Yes

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 (230)

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

230 months


Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	65	0	32.36	2.00	$2,103
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	165	0	104.25	3.52	$17,201
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	65	105.96	4.33	$282
Mar 2011	0	65	96.36	4.06	$264
Feb 2011	0	65	85.64	4.18	$272
Jan 2011	0	65	86.50	4.59	$298
Dec 2010	176	65	85.73	4.35	$15,371
Nov 2010	169	65	80.84	3.80	$13,909
Oct 2010	155	65	78.10	3.51	$12,334
Sep 2010	0	65	72.63	3.98	$259
Aug 2010	0	65	73.68	4.42	$287
Jul 2010	0	65	72.55	4.74	$308
Jun 2010	0	65	70.36	4.91	$319
May 2010	0	65	71.12	4.24	$275
Apr 2010	0	65	81.69	4.12	$268
Mar 2010	163	65	78.39	4.39	$13,063
Feb 2010	0	65	73.58	5.44	$354
Jan 2010	0	65	74.36	5.96	$388
Dec 2009	0	65	71.44	5.48	$356
Nov 2009	0	65	74.59	3.75	$244
Oct 2009	0	65	72.54	4.11	$267
Sep 2009	0	65	65.54	3.06	$199
Aug 2009	0	65	67.42	3.22	$209
Jul 2009	0	65	61.13	3.46	$225
Jun 2009	161	65	66.16	3.90	$10,905
May 2009	0	65	54.74	3.93	$255
Apr 2009	191	65	46.77	3.59	$9,166
Mar 2009	0	65	42.14	4.06	$264
Feb 2009	167	65	32.81	4.63	$5,780
Jan 2009	167	65	35.86	5.37	$6,338
Dec 2008	0	65	37.10	5.98	$389
Nov 2008	0	65	55.49	6.86	$446
Oct 2008	0	65	75.24	6.92	$450
Sep 2008	0	65	101.76	7.88	$512
Aug 2008	0	65	114.22	8.48	$551
Jul 2008	0	65	131.08	11.39	$740
Jun 2008	168	65	131.33	13.03	$22,911
May 2008	165	65	123.17	11.57	$21,075
Apr 2008	0	65	110.31	10.45	$680
Mar 2008	0	65	101.90	9.66	$628
Feb 2008	0	65	92.53	8.77	$570
Jan 2008	0	65	90.38	8.21	$533
Dec 2007	0	65	88.33	7.30	$475
Nov 2007	0	65	91.67	7.29	$474
Oct 2007	0	65	82.85	6.92	$450
Sep 2007	171	65	75.84	6.24	$13,375
Aug 2007	0	65	69.06	6.39	$415
Jul 2007	0	65	70.90	6.39	$415
Jun 2007	148	65	62.00	7.55	$9,667
May 2007	0	65	58.74	7.85	$510
Apr 2007	0	65	59.61	7.81	$507
Mar 2007	169	65	56.92	7.30	$10,094
Feb 2007	165	65	55.10	8.22	$9,626
Jan 2007	0	65	50.30	6.73	$437
Dec 2006	0	65	56.65	6.92	$450
Nov 2006	0	15	54.20	7.62	$114
Oct 2006	169	65	54.90	6.01	$9,669
Sep 2006	0	65	60.08	5.04	$327
Aug 2006	162	65	68.71	7.34	$11,608
Jul 2006	0	65	69.37	6.34	$412
Jun 2006	171	65	66.28	6.38	$11,749
May 2006	169	65	66.01	6.42	$11,573
Apr 2006	0	65	64.39	7.36	$478
Mar 2006	0	65	56.70	7.08	$460
Feb 2006	0	65	57.59	7.75	$504
Jan 2006	166	65	60.59	8.93	$10,639
Dec 2005	0	65	54.94	13.42	$872
Nov 2005	0	65	54.69	10.59	$688
Oct 2005	0	65	58.34	13.80	$897
Sep 2005	184	65	61.45	12.08	$12,092
Aug 2005	0	65	61.51	9.80	$637
Jul 2005	169	65	55.69	7.84	$9,921
Jun 2005	0	65	52.33	7.38	$480
May 2005	162	65	45.22	6.65	$7,758
Apr 2005	163	65	49.20	7.36	$8,498
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	173	65	43.16	6.32	$7,878
Dec 2004	0	65	39.86	6.75	$439
Nov 2004	177	65	45.28	6.33	$8,426
Oct 2004	164	65	49.70	6.52	$8,574
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	168	0	42.37	5.55	$7,118
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	65	36.10	6.43	$418
May 2004	0	65	37.48	6.49	$422
Apr 2004	0	65	34.47	5.86	$381
Mar 2004	172	65	34.36	5.53	$6,269
Feb 2004	0	65	32.45	5.51	$358
Jan 2004	339	65	32.03	6.30	$11,268
Dec 2003	0	65	30.26	6.30	$410
Nov 2003	0	65	28.80	4.60	$299
Oct 2003	0	65	28.17	4.76	$309
Sep 2003	169	65	26.31	4.75	$4,755
Aug 2003	165	65	29.76	5.13	$5,244
Jul 2003	0	65	29.41	5.17	$336
Jun 2003	0	65	28.56	5.98	$389
May 2003	169	65	26.59	5.97	$4,882
Apr 2003	0	65	26.67	5.41	$351
Mar 2003	327	0	31.14	6.10	$10,183
Feb 2003	0	65	33.48	7.93	$515
Jan 2003	0	65	30.31	5.58	$363
Dec 2002	0	65	26.91	4.85	$315
Nov 2002	173	65	24.66	4.14	$4,535
Oct 2002	0	65	26.46	4.23	$275
Sep 2002	156	65	27.44	3.64	$4,517
Aug 2002	173	65	25.96	3.16	$4,697
Jul 2002	177	65	24.58	3.06	$4,550
Jun 2002	0	65	23.73	3.34	$217
May 2002	344	65	24.66	3.58	$8,716
Apr 2002	0	65	23.65	3.51	$228
Mar 2002	0	65	22.00	3.10	$202
Feb 2002	171	65	18.22	2.38	$3,270
Jan 2002	0	65	17.17	2.38	$154
Dec 2001	166	65	16.93	2.36	$2,964
Nov 2001	0	65	18.07	2.41	$156
Oct 2001	134	65	19.78	2.53	$2,815
Sep 2001	170	65	24.26	2.25	$4,271
Aug 2001	0	65	24.87	3.05	$198
Jul 2001	175	65	23.93	3.20	$4,396
Jun 2001	0	65	24.56	3.82	$249
May 2001	178	65	25.52	4.31	$4,823
Apr 2001	178	65	24.68	5.34	$4,740
Mar 2001	0	65	24.54	5.38	$349
Feb 2001	178	65	27.75	5.77	$5,314
Jan 2001	0	65	27.47	8.40	$546
Dec 2000	177	65	26.88	9.12	$5,351
Nov 2000	180	65	32.21	5.66	$6,166
Oct 2000	174	65	31.23	5.15	$5,768
Sep 2000	0	65	31.87	5.19	$337
Aug 2000	176	65	29.64	4.54	$5,512
Jul 2000	293	65	28.53	4.09	$8,625
Jun 2000	0	65	29.30	4.40	$286
May 2000	0	65	27.26	3.68	$239
Apr 2000	170	65	24.51	3.12	$4,369
Mar 2000	0	65	28.42	2.86	$186
Feb 2000	0	65	27.62	2.73	$177
Jan 2000	175	65	25.27	2.48	$4,583
Dec 1999	0	65	24.28	2.42	$158
Nov 1999	324	65	23.19	2.43	$7,672
Oct 1999	169	65	20.98	2.80	$3,728
Sep 1999	0	65	21.75	2.62	$170
Aug 1999	0	65	19.26	2.88	$187
Jul 1999	171	65	17.89	2.37	$3,213
Jun 1999	155	65	15.94	2.36	$2,624
May 1999	306	65	15.79	2.32	$4,983
Apr 1999	0	65	15.10	2.21	$144
Mar 1999	0	65	12.47	1.84	$119
Feb 1999	0	65	9.98	1.82	$118
Jan 1999	170	65	10.38	1.90	$1,888
Dec 1998	0	65	9.20	1.77	$115
Nov 1998	176	65	10.89	2.19	$2,059
Oct 1998	0	65	12.42	1.97	$128
Sep 1998	170	65	12.59	2.08	$2,276
Aug 1998	0	65	11.30	1.91	$124
Jul 1998	171	65	11.74	2.24	$2,153
Jun 1998	174	65	11.24	2.24	$2,101
May 1998	0	65	12.62	2.21	$143
Apr 1998	169	65	13.04	2.51	$2,367
Mar 1998	322	65	12.80	2.31	$4,272
Feb 1998	165	65	13.95	2.30	$2,451
Jan 1998	0	65	14.70	2.15	$140
Dec 1997	178	65	16.32	2.41	$3,062
Nov 1997	171	65	18.19	3.09	$3,311
Oct 1997	174	65	19.25	3.15	$3,554
Sep 1997	0	65	17.74	2.95	$192
Aug 1997	324	65	17.86	2.55	$5,953
Jul 1997	167	65	17.58	2.25	$3,082
Jun 1997	0	65	17.24	2.26	$147
May 1997	346	65	18.97	2.31	$6,714
Apr 1997	0	65	17.88	2.08	$135
Mar 1997	356	65	18.95	1.94	$6,872
Feb 1997	157	65	20.49	2.21	$3,360
Jan 1997	177	65	23.48	3.54	$4,386

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.

Dec 2015 — as filed, then multipliedworked

Oil                   65 bbl  × $ 32.36 =     $2,103
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $2,103

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/28223 is the state's own key, not one this site invented.