BYRD

Operated by MARSHALL R. YOUNG OPERATING, LLC (P-5 527861) in the NOW (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32324District 7BField 66264300OilCasinghead gasSaveExport
Value, all time
$2.8 M
Feb 2019 – Jan 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
60
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1986-07-01
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
OilDisposition46,522 bbl$2,445,691
Casinghead gasProduction95,577 Mcf$304,475
Total$2,750,167

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 32.3824, -100.1698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38245, -100.16980 · 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
5,400 ft
1 wells filed one
Completion to plug
4.7 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 5,400 ft.

Completions filed
Feb 2019
1 of 1 wells
Plug dates filed
Oct 2023
1 of 1 wells

Last completion to plug: a median of 4.7 years across the 1 well that filed both dates, with the middle half between 4.7 years and 4.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3533366915,400 ftFeb 2019Oct 2023Yes

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 (60)

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

60 months

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 2022169085.005.65$14,365
Oct 20220087.185.86$0
Sep 20221411,06484.888.16$20,654
Aug 20221751,15394.529.13$27,065
Jul 20221681,042101.587.54$24,924
Jun 2022162690115.097.98$24,149
May 2022172335109.378.43$21,637
Apr 2022172860104.226.84$23,806
Mar 20221811,031108.885.08$24,941
Feb 202218097791.054.86$21,136
Jan 20221751,25181.844.54$19,999
Dec 20215171,52471.323.90$42,815
Nov 20213501,55677.435.24$35,249
Oct 20213521,52479.795.71$36,794
Sep 20215202,50569.865.35$49,731
Aug 202101,86566.024.22$7,871
Jul 20215202,34970.783.98$46,160
Jun 20213492,61469.493.38$33,089
May 20215213,56063.483.02$43,816
Apr 20218764,39260.362.76$64,990
Mar 20211,0573,63561.302.72$74,670
Feb 20217023,11157.805.55$57,835
Jan 20211,0406,29550.412.81$70,117
Dec 20201,5545,46244.642.68$83,984
Nov 20208522,21038.772.71$39,014
Oct 20206783,83336.972.48$34,565
Sep 20201,3603,71437.091.99$57,837
Aug 20201,1803,86639.982.39$56,397
Jul 20201,0293,56038.371.83$45,980
Jun 20201,0043,42534.901.69$40,829
May 20208112,72916.921.81$18,675
Apr 20201,3703,38214.751.80$26,310
Mar 20202,0242,09430.341.86$65,295
Feb 20201,2051,94549.881.98$63,958
Jan 20201,95740757.252.09$112,891
Dec 20192,5983,64259.012.30$161,700
Nov 20193,2713,61355.302.75$190,825
Oct 20193,2813,00453.472.42$182,700
Sep 20193,2622,42555.052.66$186,017
Aug 20192,9282,04153.112.30$160,209
Jul 20191,19361056.272.46$68,631
Jun 201982028252.782.49$43,982
May 20191,216058.482.74$71,112
Apr 20191,704062.632.75$106,722
Mar 20191,362056.803.06$77,362
Feb 20191,364050.852.79$69,359

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.

Nov 2022 — as filed, then multipliedworked
Oil                  169 bbl  × $ 85.00 =    $14,365
Casinghead gas         0 Mcf  × $  5.65 =         $0

────────────────────────────────────────────────────
Month total                                  $14,365

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/32324 is the state's own key, not one this site invented.