FUNDERBURK

Operated by WADE OPERATING (P-5 889327) in the SPA (MISS. REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28976District 7BField 79315250Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.9 M
May 2001 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
301
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 7 leases and 10 wells, and the rule below applies to all of them.

Discovered
not filed
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition56,306 bbl$2,415,869
Casinghead gasProduction89,369 Mcf$495,225
Total$2,911,094

Wells on this lease (3)

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 32.8953, -98.9406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.89522, -98.94027 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,550 ft
3 wells filed one
Completion to plug
13.9 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 4,514 and 4,650 ft, median 4,550 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2003 – Feb 2011
3 of 3 wells
Plug dates filed
Jan 2017 – Jul 2025
3 of 3 wells

Last completion to plug: a median of 13.9 years across the 3 wells that filed both dates, with the middle half between 9.9 years and 17.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-429358413D4,514 ftFeb 2011Jan 2017Yes
42-429359235D4,650 ftJul 2004Jul 2025Yes
42-429359598 D4,550 ftFeb 2003Jan 2017Yes

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 (301)

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

301 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
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 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016106046.193.09$4,896
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201507132.362.00$142
Nov 201518514438.792.17$7,488
Oct 2015017243.552.43$417
Sep 2015018142.992.76$499
Aug 2015010740.162.87$307
Jul 2015013248.152.95$389
Jun 2015012156.152.88$349
May 201503355.212.96$98
Apr 2015010549.822.71$284
Mar 201516420842.892.93$7,644
Feb 2015024144.662.98$717
Jan 201519533943.433.10$9,520
Dec 2014033154.693.59$1,189
Nov 2014033170.464.25$1,407
Oct 2014034978.303.90$1,361
Sep 201419036186.164.05$17,831
Aug 2014036889.394.04$1,485
Jul 2014038496.564.18$1,605
Jun 201418339598.164.74$19,834
May 2014043694.734.73$2,061
Apr 2014045295.944.81$2,174
Mar 201419143595.895.06$20,515
Feb 2014031597.406.19$1,950
Jan 2014042290.404.86$2,051
Dec 2013051891.824.35$2,256
Nov 2013057988.853.74$2,164
Oct 201319083297.423.78$21,654
Sep 2013187892104.113.72$22,785
Aug 20130552104.253.52$1,944
Jul 2013185425102.523.72$20,546
Jun 2013029594.403.93$1,160
May 201318962794.834.15$20,524
Apr 2013053693.964.28$2,295
Mar 2013054193.623.91$2,117
Feb 201318242391.233.42$18,050
Jan 2013049091.603.42$1,676
Dec 201216457286.773.42$16,187
Nov 201218678486.953.62$19,015
Oct 20121901,33989.383.40$21,534
Sep 20125631,21594.672.92$56,845
Aug 201237376192.662.91$36,775
Jul 201218660785.133.02$17,668
Jun 201237550779.822.52$31,210
May 201219156391.612.49$18,898
Apr 2012180302101.652.00$18,900
Mar 20120248105.052.22$551
Feb 2012379255101.102.57$38,972
Jan 2012028598.092.73$779
Dec 2011031596.873.24$1,021
Nov 2011036795.723.31$1,215
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011010894.144.52$488
Jun 2011021492.904.64$993
May 2011028298.134.40$1,242
Apr 2011373428105.964.33$41,378
Mar 2011058696.364.06$2,378
Feb 201119235685.644.18$17,931
Jan 2011010986.504.59$500
Dec 2010014185.734.35$613
Nov 2010015880.843.80$600
Oct 201017718878.103.51$14,483
Sep 2010026272.633.98$1,043
Aug 201019025273.684.42$15,113
Jul 2010021472.554.74$1,014
Jun 20101871870.364.91$13,246
May 201007671.124.24$322
Apr 201019012681.694.12$16,041
Mar 201008978.394.39$391
Feb 201006673.585.44$359
Jan 2010011174.365.96$662
Dec 20091708271.445.48$12,594
Nov 2009012074.593.75$450
Oct 200918417172.544.11$14,050
Sep 2009011265.543.06$343
Aug 200908667.423.22$277
Jul 2009014661.133.46$506
Jun 200919015066.163.90$13,155
May 2009014754.743.93$577
Apr 2009013446.773.59$481
Mar 20091812042.144.06$7,709
Feb 2009182032.814.63$5,971
Jan 20090035.865.37$0
Dec 2008181037.105.98$6,715
Nov 2008019655.496.86$1,345
Oct 200818921275.246.92$15,688
Sep 20080241101.767.88$1,898
Aug 2008072114.228.48$611
Jul 2008190225131.0811.39$27,468
Jun 2008190229131.3313.03$27,937
May 20080209123.1711.57$2,419
Apr 20080119110.3110.45$1,244
Mar 2008191243101.909.66$21,811
Feb 2008024692.538.77$2,158
Jan 2008018690.388.21$1,526
Dec 200719522788.337.30$18,882
Nov 2007024991.677.29$1,816
Oct 2007031582.856.92$2,180
Sep 200719131775.846.24$16,465
Aug 2007032169.066.39$2,051
Jul 200719025170.906.39$15,074
Jun 2007034462.007.55$2,597
May 200719236058.747.85$14,103
Apr 200717830759.617.81$13,007
Mar 2007193056.927.30$10,986
Feb 2007199055.108.22$10,965
Jan 20071986950.306.73$10,424
Dec 200618344656.656.92$13,453
Nov 200620044754.207.62$14,245
Oct 200619048954.906.01$13,372
Sep 20061871,05960.085.04$16,569
Aug 20063791,24068.717.34$35,143
Jul 20061811,31369.376.34$20,884
Jun 20061841,23666.286.38$20,086
May 200638392466.016.42$31,219
Apr 200619699164.397.36$19,915
Mar 20063871,26256.707.08$30,882
Feb 200639379657.597.75$28,803
Jan 200638995360.598.93$32,083
Dec 200519382454.9413.42$21,658
Nov 20051961,12154.6910.59$22,589
Oct 20053861,41558.3413.80$42,040
Sep 20055691,30061.4512.08$50,668
Aug 20053701,52961.519.80$37,738
Jul 20055701,56755.697.84$44,034
Jun 20057631,58252.337.38$51,605
May 200556789445.226.65$31,586
Apr 20055831,97649.207.36$43,228
Mar 20051,2002,05450.377.15$75,140
Feb 20059862,35245.226.31$59,433
Jan 20051,3823,41243.166.32$81,218
Dec 20041,5402,25039.866.75$76,574
Nov 20042,0722,89545.286.33$112,147
Oct 20049091,33549.706.52$53,875
Sep 20041,12634643.245.28$50,516
Aug 20041,812042.375.55$76,774
Jul 20041,256038.286.08$48,080
Jun 2004194036.106.43$7,003
May 2004388037.486.49$14,542
Apr 2004197034.475.86$6,791
Mar 2004368034.365.53$12,644
Feb 2004181032.455.51$5,873
Jan 2004187032.036.30$5,990
Dec 2003378030.266.30$11,438
Nov 2003322028.804.60$9,274
Oct 2003179028.174.76$5,042
Sep 200351816226.314.75$14,398
Aug 20031939329.765.13$6,221
Jul 200335512129.415.17$11,066
Jun 200354937628.565.98$17,929
May 200337925726.595.97$11,613
Apr 200371716026.675.41$19,988
Mar 200389815931.146.10$28,933
Feb 200370431833.487.93$26,090
Jan 20031,2531,61130.315.58$46,971
Dec 200270049526.914.85$21,240
Nov 200227817524.664.14$7,579
Oct 20023635626.464.23$9,842
Sep 20022997627.443.64$8,481
Aug 200270520125.963.16$18,938
Jul 200285450324.583.06$22,531
Jun 200288695123.733.34$24,199
May 20028491,10124.663.58$24,882
Apr 20020023.653.51$0
Mar 200289060422.003.10$21,454
Feb 20021,1041,17818.222.38$22,913
Jan 20021,27192817.172.38$24,028
Dec 20011,1621,14116.932.36$22,370
Nov 20011,3201,42618.072.41$27,283
Oct 20011,5422,01419.782.53$35,594
Sep 20011,3401,81824.262.25$36,601
Aug 20011,5021,52224.873.05$42,002
Jul 20011,1501,36423.933.20$31,880
Jun 20011,4761,37724.563.82$41,516
May 20011,2962125.524.31$33,164

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.

Oct 2016 — as filed, then multipliedworked
Oil                  106 bbl  × $ 46.19 =     $4,896
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $4,896

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/28976 is the state's own key, not one this site invented.