PAYNE, G. E. EST.

Operated by AMHERST ENERGY HOLDINGS, LLC (P-5 19875) in the TAYLOR COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29360District 7BField 88520001OilSaveExport
Value, all time
$258 k
Feb 2004 – Apr 2017
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
159
no gaps in the span
Streams
1
oil

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 717 leases and 1,491 wells, and the rule below applies to all of them.

Discovered
1929-12-31
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
OilDisposition3,505 bbl$257,847
Total$257,847

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 32.3782, -99.7242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37818, -99.72424 · 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
100.0%
1 of 1 wells
Median depth
1,950 ft
1 wells filed one
Completion to plug
12.8 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 1,950 ft.

Completions filed
Feb 2004
1 of 1 wells
Plug dates filed
Dec 2016
1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4413212411,950 ftFeb 2004Dec 2016Yes

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 (159)

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

159 months

Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 20166745.352.69$3,038
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 20157242.992.76$3,095
Aug 2015040.162.87$0
Jul 20159548.152.95$4,574
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 201513042.892.93$5,576
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 201413278.303.90$10,336
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 201415598.164.74$15,215
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 201411990.404.86$10,758
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 2013110104.253.52$11,468
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 20139193.623.91$8,519
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 20128486.953.62$7,304
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 20128292.662.91$7,598
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 20127591.612.49$6,871
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 2012101101.102.57$10,211
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 20117884.983.65$6,628
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 20117494.144.52$6,966
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 201112296.364.06$11,756
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 201010678.103.51$8,279
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 20107070.364.91$4,925
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 20109378.394.39$7,290
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 20099674.593.75$7,161
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 20098961.133.46$5,441
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 200913646.773.59$6,361
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 20089755.496.86$5,383
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 2008112131.0811.39$14,681
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 2008109101.909.66$11,107
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 20077891.677.29$7,150
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 20078769.066.39$6,008
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 20079458.747.85$5,522
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 20079255.108.22$5,069
Jan 2007050.306.73$0
Dec 200614556.656.92$8,214
Nov 20063554.207.62$1,897
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 200516561.4512.08$10,139
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 20059550.377.15$4,785
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 200416439.866.75$6,537
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 20045536.106.43$1,986
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$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.

Jun 2016 — as filed, then multipliedworked
Oil                   67 bbl  × $ 45.35 =     $3,038

────────────────────────────────────────────────────
Month total                                   $3,038

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/29360 is the state's own key, not one this site invented.