PAYNE, B. C.

Name: PAYNE, B. C. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BEENE, TOMMY M. (P-5 61792) in the WHITE FLAT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3082District 7BField 96907001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$427 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The WHITE FLAT 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 60 leases and 116 wells, and the rule below applies to all of them.

Discovered

1953-05-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

150 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-05-07.

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.

The Commission's schedule remark for this field reads: “REQUIRED TO SHOW INDIVIDUAL PRORATION UNITS ON PLAT.”

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	11,071 bbl	$221,970
Casinghead gas	Production	113,012 Mcf	$204,992
Total			$426,962

55,825 Mcf of this lease's gas, across 48 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 32.5022, -100.1655. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50215, -100.16545 · 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

5,585 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

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 5,585 ft.

Plug dates filed

Mar 2007

1 of 1 wells

1 well


42-35300904	1	5,585 ft	—	Mar 2007	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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	32	0	60.59	8.93	$1,939
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	615	34.36	5.53	$3,401
Feb 2004	158	705	32.45	5.51	$9,011
Jan 2004	0	734	32.03	6.30	$4,624
Dec 2003	152	755	30.26	6.30	$9,357
Nov 2003	0	776	28.80	4.60	$3,566
Oct 2003	0	936	28.17	4.76	$4,455
Sep 2003	146	995	26.31	4.75	$8,567
Aug 2003	159	1,806	29.76	5.13	$13,996
Jul 2003	319	1,984	29.41	5.17	$19,641
Jun 2003	172	1,347	28.56	5.98	$12,971
May 2003	330	2,011	26.59	5.97	$20,786
Apr 2003	305	661	26.67	5.41	$11,709
Mar 2003	175	152	31.14	6.10	$6,376
Feb 2003	0	463	33.48	7.93	$3,670
Jan 2003	174	0	30.31	5.58	$5,274
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	144	23.73	3.34	$481
May 2002	0	476	24.66	3.58	$1,706
Apr 2002	0	378	23.65	3.51	$1,328
Mar 2002	0	344	22.00	3.10	$1,067
Feb 2002	0	467	18.22	2.38	$1,109
Jan 2002	168	467	17.17	2.38	$3,994
Dec 2001	0	467	16.93	2.36	$1,104
Nov 2001	357	480	18.07	2.41	$7,606
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	309	24.26	2.25	$696
Aug 2001	0	136	24.87	3.05	$415
Jul 2001	0	145	23.93	3.20	$464
Jun 2001	0	122	24.56	3.82	$467
May 2001	156	48	25.52	4.31	$4,188
Apr 2001	0	313	24.68	5.34	$1,670
Mar 2001	0	434	24.54	5.38	$2,333
Feb 2001	0	408	27.75	5.77	$2,353
Jan 2001	0	408	27.47	8.40	$3,427
Dec 2000	181	737	26.88	9.12	$11,589
Nov 2000	0	814	32.21	5.66	$4,606
Oct 2000	174	988	31.23	5.15	$10,518
Sep 2000	176	781	31.87	5.19	$9,660
Aug 2000	0	663	29.64	4.54	$3,011
Jul 2000	168	760	28.53	4.09	$7,901
Jun 2000	0	802	29.30	4.40	$3,527
May 2000	0	583	27.26	3.68	$2,145
Apr 2000	156	377	24.51	3.12	$4,998
Mar 2000	0	280	28.42	2.86	$801
Feb 2000	0	363	27.62	2.73	$990
Jan 2000	162	605	25.27	2.48	$5,594
Dec 1999	0	794	24.28	2.42	$1,924
Nov 1999	0	453	23.19	2.43	$1,103
Oct 1999	0	772	20.98	2.80	$2,164
Sep 1999	0	593	21.75	2.62	$1,553
Aug 1999	0	786	19.26	2.88	$2,260
Jul 1999	0	358	17.89	2.37	$849
Jun 1999	0	273	15.94	2.36	$645
May 1999	0	436	15.79	2.32	$1,012
Apr 1999	179	918	15.10	2.21	$4,730
Mar 1999	158	901	12.47	1.84	$3,627
Feb 1999	0	837	9.98	1.82	$1,521
Jan 1999	153	1,189	10.38	1.90	$3,847
Dec 1998	0	725	9.20	1.77	$1,286
Nov 1998	162	983	10.89	2.19	$3,913
Oct 1998	0	984	12.42	1.97	$1,938
Sep 1998	166	914	12.59	2.08	$3,993
Aug 1998	0	1,017	11.30	1.91	$1,940
Jul 1998	153	459	11.74	2.24	$2,823
Jun 1998	0	805	11.24	2.24	$1,801
May 1998	160	1,032	12.62	2.21	$4,296
Apr 1998	0	1,145	13.04	2.51	$2,869
Mar 1998	178	839	12.80	2.31	$4,216
Feb 1998	0	904	13.95	2.30	$2,078
Jan 1998	151	1,029	14.70	2.15	$4,437
Dec 1997	173	1,012	16.32	2.41	$5,263
Nov 1997	0	1,116	18.19	3.09	$3,447
Oct 1997	155	894	19.25	3.15	$5,800
Sep 1997	0	506	17.74	2.95	$1,495
Aug 1997	154	948	17.86	2.55	$5,172
Jul 1997	0	1,027	17.58	2.25	$2,308
Jun 1997	147	952	17.24	2.26	$4,683
May 1997	0	984	18.97	2.31	$2,272
Apr 1997	142	1,017	17.88	2.08	$4,657
Mar 1997	0	1,098	18.95	1.94	$2,129
Feb 1997	0	303	20.49	2.21	$668
Jan 1997	131	945	23.48	3.54	$6,421
Dec 1996	116	1,007	23.32	—	$2,705
Nov 1996	0	897	21.97	—	$0
Oct 1996	177	872	23.31	—	$4,126
Sep 1996	0	938	22.22	—	$0
Aug 1996	150	870	20.26	—	$3,039
Jul 1996	155	822	19.55	—	$3,030
Jun 1996	0	1,002	18.73	—	$0
May 1996	154	1,080	19.43	—	$2,992
Apr 1996	151	1,162	21.51	—	$3,248
Mar 1996	0	1,188	19.38	—	$0
Feb 1996	150	1,271	16.98	—	$2,547
Jan 1996	157	1,191	17.07	—	$2,680
Dec 1995	0	1,184	17.19	—	$0
Nov 1995	153	1,199	16.00	—	$2,448
Oct 1995	0	1,184	15.43	—	$0
Sep 1995	149	1,166	16.18	—	$2,411
Aug 1995	142	1,221	15.92	—	$2,261
Jul 1995	0	1,071	15.24	—	$0
Jun 1995	147	1,193	16.41	—	$2,412
May 1995	141	1,172	17.56	—	$2,476
Apr 1995	141	1,766	17.73	—	$2,500
Mar 1995	0	555	16.44	—	$0
Feb 1995	147	791	16.58	—	$2,437
Jan 1995	149	1,190	15.92	—	$2,372
Dec 1994	0	1,176	15.03	—	$0
Nov 1994	143	1,176	15.90	—	$2,274
Oct 1994	144	1,257	15.58	—	$2,244
Sep 1994	0	1,209	15.29	—	$0
Aug 1994	141	1,281	16.13	—	$2,274
Jul 1994	140	1,310	17.56	—	$2,458
Jun 1994	0	1,251	17.09	—	$0
May 1994	161	1,194	15.88	—	$2,557
Apr 1994	158	1,194	14.14	—	$2,234
Mar 1994	0	1,243	12.46	—	$0
Feb 1994	136	1,190	12.50	—	$1,700
Jan 1994	166	1,252	12.66	—	$2,102
Dec 1993	171	1,257	12.33	—	$2,108
Nov 1993	0	1,213	14.49	—	$0
Oct 1993	138	1,315	15.85	—	$2,187
Sep 1993	147	1,234	15.03	—	$2,209
Aug 1993	142	1,266	15.66	—	$2,224
Jul 1993	142	1,197	15.46	—	$2,195
Jun 1993	0	1,236	16.79	—	$0
May 1993	147	1,215	17.68	—	$2,599
Apr 1993	146	1,293	18.05	—	$2,635
Mar 1993	143	1,329	18.14	—	$2,594
Feb 1993	0	1,189	17.90	—	$0
Jan 1993	145	1,356	16.93	—	$2,455

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.

Jan 2006 — as filed, then multipliedworked

Oil                   32 bbl  × $ 60.59 =     $1,939
Casinghead gas         0 Mcf  × $  8.93 =         $0

────────────────────────────────────────────────────
Month total                                   $1,939

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/3082 is the state's own key, not one this site invented.