MAYFIELD, STANLEY B.

Operated by DREYFUS, LOUIS NATURAL GAS CORP (P-5 228125) in the M. M. W. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 71318District 7CField 56267250GasSaveExport
Value, all time
$0
Jan 1993 – Jul 2001
Value, last 12 filed months
$0
at the published price for each month
Months reported
103
no gaps in the span
Streams
1
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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered
1986-05-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1986-05-01.

The Commission's schedule remark for this field reads: OPERATOR REQUEST

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
GasProduction38,491 Mcf$0
Total$0

38,491 Mcf of this lease's gas, across 38 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.

Every month this lease reported (103)

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

103 months

Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 199623219.38$0
Feb 199610816.98$0
Jan 199612817.07$0
Dec 19955617.19$0
Nov 199559816.00$0
Oct 199548715.43$0
Sep 1995016.18$0
Aug 19954915.92$0
Jul 199523115.24$0
Jun 199539416.41$0
May 199525317.56$0
Apr 199557817.73$0
Mar 19951,07116.44$0
Feb 199538816.58$0
Jan 199576615.92$0
Dec 199471815.03$0
Nov 199468315.90$0
Oct 19941,08615.58$0
Sep 19941,19615.29$0
Aug 19941,21716.13$0
Jul 19941,11917.56$0
Jun 19941,26017.09$0
May 199497215.88$0
Apr 19941,18114.14$0
Mar 19941,53212.46$0
Feb 19941,34612.50$0
Jan 19941,41012.66$0
Dec 19931,54112.33$0
Nov 19931,54014.49$0
Oct 19931,61015.85$0
Sep 19931,47015.03$0
Aug 19931,30215.66$0
Jul 19931,55215.46$0
Jun 19931,60916.79$0
May 19931,55217.68$0
Apr 19931,62718.05$0
Mar 19931,96318.14$0
Feb 19931,57117.90$0
Jan 19932,09516.93$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.

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. 7C/G/71318 is the state's own key, not one this site invented.