BUSBY 3080

Name: BUSBY 3080 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MEADCO PROPERTIES (P-5 556500) in the ANDREW A. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 82038District 7CField 02718400NGPA filingCondensateGasSave Export

Value, all time

$278 k

Jan 1993 – Feb 2011

Value, last 12 filed months

$889

at the published price for each month

Months reported

218

no gaps in the span

Streams

condensate, gas

The ANDREW A. (CANYON) 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 201 leases and 267 wells, and the rule below applies to all of them.

Discovered

1977-05-13

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1993-12-13.

The Commission's schedule remark for this field reads: “RULES CORRECTED FROM OPTIONAL 80 A TO OPTIONAL 160AC 5/14/02 GN”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Condensate	Disposition	524 bbl	$9,386
Gas	Production	149,710 Mcf	$268,321
Total			$277,707

85,058 Mcf of this lease's gas, across 47 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 31.3568, -101.0046. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35683, -101.00458 · 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

7,601 ft

1 wells filed one

Completion to plug

30.6 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 7,601 ft.

Completions filed

Apr 1979

1 of 1 wells

Plug dates filed

Nov 2009

1 of 1 wells

Last completion to plug: a median of 30.6 years across the 1 well that filed both dates, with the middle half between 30.6 years and 30.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23531356	1	7,601 ft	Apr 1979	Nov 2009	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 (218)

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

218 months


Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	11	0	80.84	3.80	$889
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	40	74.59	3.75	$150
Oct 2009	0	55	72.54	4.11	$226
Sep 2009	0	53	65.54	3.06	$162
Aug 2009	1	55	67.42	3.22	$244
Jul 2009	0	60	61.13	3.46	$208
Jun 2009	0	60	66.16	3.90	$234
May 2009	0	59	54.74	3.93	$232
Apr 2009	0	57	46.77	3.59	$204
Mar 2009	0	61	42.14	4.06	$248
Feb 2009	0	56	32.81	4.63	$259
Jan 2009	0	40	35.86	5.37	$215
Dec 2008	0	33	37.10	5.98	$197
Nov 2008	0	54	55.49	6.86	$370
Oct 2008	1	61	75.24	6.92	$497
Sep 2008	0	53	101.76	7.88	$417
Aug 2008	0	56	114.22	8.48	$475
Jul 2008	0	59	131.08	11.39	$672
Jun 2008	0	60	131.33	13.03	$782
May 2008	0	69	123.17	11.57	$799
Apr 2008	0	53	110.31	10.45	$554
Mar 2008	1	52	101.90	9.66	$604
Feb 2008	0	44	92.53	8.77	$386
Jan 2008	1	46	90.38	8.21	$468
Dec 2007	0	40	88.33	7.30	$292
Nov 2007	0	182	91.67	7.29	$1,327
Oct 2007	0	133	82.85	6.92	$921
Sep 2007	1	53	75.84	6.24	$407
Aug 2007	0	103	69.06	6.39	$658
Jul 2007	0	166	70.90	6.39	$1,060
Jun 2007	1	39	62.00	7.55	$356
May 2007	2	71	58.74	7.85	$675
Apr 2007	0	168	59.61	7.81	$1,311
Mar 2007	0	192	56.92	7.30	$1,402
Feb 2007	0	124	55.10	8.22	$1,019
Jan 2007	0	210	50.30	6.73	$1,413
Dec 2006	0	178	56.65	6.92	$1,231
Nov 2006	0	179	54.20	7.62	$1,364
Oct 2006	0	294	54.90	6.01	$1,768
Sep 2006	0	201	60.08	5.04	$1,012
Aug 2006	0	61	68.71	7.34	$448
Jul 2006	0	71	69.37	6.34	$450
Jun 2006	0	53	66.28	6.38	$338
May 2006	0	119	66.01	6.42	$765
Apr 2006	0	165	64.39	7.36	$1,214
Mar 2006	0	91	56.70	7.08	$645
Feb 2006	0	168	57.59	7.75	$1,302
Jan 2006	0	228	60.59	8.93	$2,037
Dec 2005	0	264	54.94	13.42	$3,542
Nov 2005	0	243	54.69	10.59	$2,573
Oct 2005	0	511	58.34	13.80	$7,050
Sep 2005	0	341	61.45	12.08	$4,119
Aug 2005	0	484	61.51	9.80	$4,742
Jul 2005	0	280	55.69	7.84	$2,196
Jun 2005	0	458	52.33	7.38	$3,381
May 2005	0	474	45.22	6.65	$3,153
Apr 2005	0	286	49.20	7.36	$2,105
Mar 2005	0	263	50.37	7.15	$1,882
Feb 2005	0	157	45.22	6.31	$991
Jan 2005	0	275	43.16	6.32	$1,739
Dec 2004	0	239	39.86	6.75	$1,614
Nov 2004	0	325	45.28	6.33	$2,057
Oct 2004	0	279	49.70	6.52	$1,818
Sep 2004	0	194	43.24	5.28	$1,025
Aug 2004	0	453	42.37	5.55	$2,514
Jul 2004	0	352	38.28	6.08	$2,142
Jun 2004	0	360	36.10	6.43	$2,316
May 2004	0	362	37.48	6.49	$2,351
Apr 2004	0	396	34.47	5.86	$2,320
Mar 2004	0	295	34.36	5.53	$1,631
Feb 2004	0	304	32.45	5.51	$1,675
Jan 2004	0	350	32.03	6.30	$2,205
Dec 2003	0	383	30.26	6.30	$2,414
Nov 2003	0	452	28.80	4.60	$2,077
Oct 2003	0	403	28.17	4.76	$1,918
Sep 2003	0	526	26.31	4.75	$2,498
Aug 2003	0	665	29.76	5.13	$3,411
Jul 2003	0	507	29.41	5.17	$2,622
Jun 2003	0	342	28.56	5.98	$2,046
May 2003	0	400	26.59	5.97	$2,389
Apr 2003	0	408	26.67	5.41	$2,206
Mar 2003	0	163	31.14	6.10	$994
Feb 2003	0	524	33.48	7.93	$4,153
Jan 2003	0	636	30.31	5.58	$3,550
Dec 2002	0	702	26.91	4.85	$3,407
Nov 2002	0	530	24.66	4.14	$2,193
Oct 2002	0	522	26.46	4.23	$2,208
Sep 2002	0	262	27.44	3.64	$952
Aug 2002	0	260	25.96	3.16	$823
Jul 2002	0	273	24.58	3.06	$836
Jun 2002	0	247	23.73	3.34	$825
May 2002	0	180	24.66	3.58	$645
Apr 2002	0	460	23.65	3.51	$1,616
Mar 2002	0	337	22.00	3.10	$1,046
Feb 2002	0	652	18.22	2.38	$1,549
Jan 2002	0	532	17.17	2.38	$1,264
Dec 2001	0	561	16.93	2.36	$1,326
Nov 2001	0	237	18.07	2.41	$570
Oct 2001	0	349	19.78	2.53	$883
Sep 2001	0	515	24.26	2.25	$1,159
Aug 2001	0	715	24.87	3.05	$2,183
Jul 2001	0	718	23.93	3.20	$2,296
Jun 2001	0	692	24.56	3.82	$2,646
May 2001	0	569	25.52	4.31	$2,451
Apr 2001	0	565	24.68	5.34	$3,014
Mar 2001	0	533	24.54	5.38	$2,866
Feb 2001	0	587	27.75	5.77	$3,385
Jan 2001	0	809	27.47	8.40	$6,795
Dec 2000	0	469	26.88	9.12	$4,278
Nov 2000	0	1,106	32.21	5.66	$6,258
Oct 2000	0	895	31.23	5.15	$4,605
Sep 2000	0	646	31.87	5.19	$3,350
Aug 2000	0	737	29.64	4.54	$3,347
Jul 2000	0	394	28.53	4.09	$1,611
Jun 2000	0	447	29.30	4.40	$1,966
May 2000	0	611	27.26	3.68	$2,248
Apr 2000	0	439	24.51	3.12	$1,368
Mar 2000	0	742	28.42	2.86	$2,122
Feb 2000	0	420	27.62	2.73	$1,145
Jan 2000	0	621	25.27	2.48	$1,540
Dec 1999	0	666	24.28	2.42	$1,614
Nov 1999	0	624	23.19	2.43	$1,519
Oct 1999	0	496	20.98	2.80	$1,391
Sep 1999	0	731	21.75	2.62	$1,914
Aug 1999	0	461	19.26	2.88	$1,326
Jul 1999	0	673	17.89	2.37	$1,597
Jun 1999	0	892	15.94	2.36	$2,107
May 1999	0	322	15.79	2.32	$747
Apr 1999	0	439	15.10	2.21	$969
Mar 1999	0	979	12.47	1.84	$1,800
Feb 1999	0	1,286	9.98	1.82	$2,338
Jan 1999	0	416	10.38	1.90	$790
Dec 1998	0	435	9.20	1.77	$771
Nov 1998	0	682	10.89	2.19	$1,491
Oct 1998	104	750	12.42	1.97	$2,769
Sep 1998	0	1,537	12.59	2.08	$3,201
Aug 1998	0	1,080	11.30	1.91	$2,060
Jul 1998	0	434	11.74	2.24	$971
Jun 1998	0	516	11.24	2.24	$1,154
May 1998	0	573	12.62	2.21	$1,264
Apr 1998	0	374	13.04	2.51	$937
Mar 1998	0	351	12.80	2.31	$811
Feb 1998	0	517	13.95	2.30	$1,189
Jan 1998	0	695	14.70	2.15	$1,498
Dec 1997	0	623	16.32	2.41	$1,502
Nov 1997	0	872	18.19	3.09	$2,693
Oct 1997	0	1,037	19.25	3.15	$3,266
Sep 1997	0	967	17.74	2.95	$2,857
Aug 1997	0	1,213	17.86	2.55	$3,099
Jul 1997	0	1,118	17.58	2.25	$2,512
Jun 1997	0	1,276	17.24	2.26	$2,880
May 1997	0	1,226	18.97	2.31	$2,830
Apr 1997	0	646	17.88	2.08	$1,345
Mar 1997	0	738	18.95	1.94	$1,431
Feb 1997	0	752	20.49	2.21	$1,659
Jan 1997	0	1,042	23.48	3.54	$3,688
Dec 1996	0	1,461	23.32	—	$0
Nov 1996	0	1,631	21.97	—	$0
Oct 1996	0	1,769	23.31	—	$0
Sep 1996	0	1,366	22.22	—	$0
Aug 1996	0	1,398	20.26	—	$0
Jul 1996	101	1,662	19.55	—	$1,975
Jun 1996	0	1,052	18.73	—	$0
May 1996	0	1,156	19.43	—	$0
Apr 1996	0	914	21.51	—	$0
Mar 1996	0	1,711	19.38	—	$0
Feb 1996	0	1,788	16.98	—	$0
Jan 1996	0	1,571	17.07	—	$0
Dec 1995	0	2,134	17.19	—	$0
Nov 1995	0	1,729	16.00	—	$0
Oct 1995	0	2,310	15.43	—	$0
Sep 1995	0	2,409	16.18	—	$0
Aug 1995	0	1,895	15.92	—	$0
Jul 1995	138	2,530	15.24	—	$2,103
Jun 1995	0	1,786	16.41	—	$0
May 1995	0	1,843	17.56	—	$0
Apr 1995	0	1,833	17.73	—	$0
Mar 1995	0	2,062	16.44	—	$0
Feb 1995	0	2,090	16.58	—	$0
Jan 1995	0	2,236	15.92	—	$0
Dec 1994	0	3,068	15.03	—	$0
Nov 1994	0	285	15.90	—	$0
Oct 1994	0	2,037	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	1,825	16.13	—	$0
Jul 1994	0	2,061	17.56	—	$0
Jun 1994	0	1,521	17.09	—	$0
May 1994	0	3,029	15.88	—	$0
Apr 1994	0	1,801	14.14	—	$0
Mar 1994	0	1,826	12.46	—	$0
Feb 1994	0	2,285	12.50	—	$0
Jan 1994	0	2,238	12.66	—	$0
Dec 1993	0	2,207	12.33	—	$0
Nov 1993	0	1,637	14.49	—	$0
Oct 1993	0	1,783	15.85	—	$0
Sep 1993	0	1,833	15.03	—	$0
Aug 1993	162	1,688	15.66	—	$2,537
Jul 1993	0	1,695	15.46	—	$0
Jun 1993	0	1,617	16.79	—	$0
May 1993	0	1,716	17.68	—	$0
Apr 1993	0	1,647	18.05	—	$0
Mar 1993	0	1,764	18.14	—	$0
Feb 1993	0	1,601	17.90	—	$0
Jan 1993	0	1,558	16.93	—	$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.

Nov 2010 — as filed, then multipliedworked

Condensate            11 bbl  × $ 80.84 =       $889
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                     $889

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/82038 is the state's own key, not one this site invented.