BYNUM 2

Operated by MIDLAND ENERGY, INC. (P-5 565460) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20412District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$766 k
Oct 2019 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
80
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition10,379 bbl$585,942
Casinghead gasProduction52,675 Mcf$180,204
Total$766,145

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 31.2684, -102.0556. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26841, -102.05556 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,676 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
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,676 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-46140482110,676 ftOct 2019

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 (80)

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

80 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026165063.503.75$10,478
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025164063.933.01$10,485
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202501267.704.27$51
Feb 202502370.884.34$100
Jan 2025168074.324.28$12,486
Dec 20240068.993.12$0
Nov 202401369.052.20$29
Oct 20240071.372.28$0
Sep 202402569.612.36$59
Aug 20240075.632.06$0
Jul 2024180079.932.15$14,387
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024165073.023.30$12,048
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023167085.443.09$14,268
Sep 202301589.042.74$41
Aug 20230080.522.67$0
Jul 20230274.852.64$5
Jun 20230868.962.26$18
May 20230070.622.23$0
Apr 202316570078.122.24$14,456
Mar 2023074872.852.39$1,790
Feb 2023067175.112.47$1,654
Jan 202316675076.533.39$15,245
Dec 2022076776.415.73$4,394
Nov 2022077585.005.65$4,376
Oct 202216580987.185.86$19,128
Sep 2022081684.888.16$6,662
Aug 2022090294.529.13$8,233
Jul 20220541101.587.54$4,080
Jun 2022164810115.097.98$25,336
May 20220901109.378.43$7,598
Apr 20220809104.226.84$5,532
Mar 2022175522108.885.08$21,704
Feb 2022042991.054.86$2,084
Jan 202217052381.844.54$16,286
Dec 2021071471.323.90$2,784
Nov 2021086077.435.24$4,504
Oct 20211641,00679.795.71$18,834
Sep 20211731,04469.865.35$17,672
Aug 202101,08566.024.22$4,579
Jul 20211651,06670.783.98$15,924
Jun 202101,07369.493.38$3,627
May 20211841,14663.483.02$15,139
Apr 202101,13260.362.76$3,123
Mar 20213361,23361.302.72$23,947
Feb 202101,11357.805.55$6,175
Jan 20211761,20150.412.81$12,247
Dec 202017785044.642.68$10,175
Nov 20201751,16738.772.71$9,943
Oct 20201791,38036.972.48$10,038
Sep 20201691,40437.091.99$9,064
Aug 20203491,54139.982.39$17,628
Jul 20201701,55638.371.83$9,363
Jun 20201801,61834.901.69$9,017
May 20203591,79316.921.81$9,328
Apr 20201831,83314.751.80$6,007
Mar 20205212,06230.341.86$19,635
Feb 20205301,46349.881.98$29,334
Jan 20205212,72157.252.09$35,527
Dec 20191,4534,30459.012.30$95,660
Nov 20191,8404,04255.302.75$112,870
Oct 201936169753.472.42$20,988

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.

Feb 2026 — as filed, then multipliedworked
Oil                  165 bbl  × $ 63.50 =    $10,478
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $10,478

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/O/20412 is the state's own key, not one this site invented.