TURNER-PROPERTIES-REED

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

Operated by O.G.P. OPERATING, INC. (P-5 617041) in the JAMESON (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8279District 7CField 45580666NGPA filingOilCasinghead gasSave Export

Value, all time

$275 k

Jan 1993 – Mar 2009

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

195

no gaps in the span

Streams

oil, casinghead gas

The JAMESON (STRAWN) 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 209 leases and 781 wells, and the rule below applies to all of them.

Discovered

1952-01-11

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1959-10-01.

The Commission's schedule remark for this field reads: “640 ACRES”

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	2	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
Oil	Disposition	1,549 bbl	$33,439
Casinghead gas	Production	97,148 Mcf	$241,812
Total			$275,250

38,741 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 (2)

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 32.0709, -100.7192. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.07090, -100.71917 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

6,180 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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.

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

Between 6,150 and 6,210 ft, median 6,180 ft, over the 2 wells that filed a depth.

Completions filed

Apr 1980 – Apr 1982

2 of 2 wells

2 wells


42-08130998	3	6,150 ft	Apr 1982	—	Yes
42-08130884	1	6,210 ft	Apr 1980	—	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 (195)

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

195 months


Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	135	35.86	5.37	$725
Dec 2008	0	125	37.10	5.98	$747
Nov 2008	0	126	55.49	6.86	$864
Oct 2008	0	127	75.24	6.92	$879
Sep 2008	0	126	101.76	7.88	$993
Aug 2008	0	106	114.22	8.48	$899
Jul 2008	0	130	131.08	11.39	$1,481
Jun 2008	0	51	131.33	13.03	$665
May 2008	0	125	123.17	11.57	$1,447
Apr 2008	0	127	110.31	10.45	$1,328
Mar 2008	0	134	101.90	9.66	$1,295
Feb 2008	0	123	92.53	8.77	$1,079
Jan 2008	0	138	90.38	8.21	$1,132
Dec 2007	0	68	88.33	7.30	$497
Nov 2007	0	86	91.67	7.29	$627
Oct 2007	0	71	82.85	6.92	$491
Sep 2007	0	105	75.84	6.24	$656
Aug 2007	0	117	69.06	6.39	$747
Jul 2007	0	87	70.90	6.39	$556
Jun 2007	0	17	62.00	7.55	$128
May 2007	0	112	58.74	7.85	$879
Apr 2007	0	189	59.61	7.81	$1,475
Mar 2007	0	138	56.92	7.30	$1,008
Feb 2007	0	122	55.10	8.22	$1,002
Jan 2007	0	123	50.30	6.73	$827
Dec 2006	0	124	56.65	6.92	$858
Nov 2006	0	121	54.20	7.62	$922
Oct 2006	0	124	54.90	6.01	$746
Sep 2006	0	120	60.08	5.04	$604
Aug 2006	0	115	68.71	7.34	$844
Jul 2006	0	128	69.37	6.34	$812
Jun 2006	0	117	66.28	6.38	$747
May 2006	0	119	66.01	6.42	$765
Apr 2006	0	119	64.39	7.36	$876
Mar 2006	40	127	56.70	7.08	$3,168
Feb 2006	0	114	57.59	7.75	$884
Jan 2006	0	127	60.59	8.93	$1,135
Dec 2005	0	127	54.94	13.42	$1,704
Nov 2005	0	124	54.69	10.59	$1,313
Oct 2005	0	115	58.34	13.80	$1,587
Sep 2005	0	103	61.45	12.08	$1,244
Aug 2005	20	123	61.51	9.80	$2,435
Jul 2005	0	125	55.69	7.84	$980
Jun 2005	0	121	52.33	7.38	$893
May 2005	0	536	45.22	6.65	$3,565
Apr 2005	32	739	49.20	7.36	$7,014
Mar 2005	0	545	50.37	7.15	$3,899
Feb 2005	0	496	45.22	6.31	$3,131
Jan 2005	0	545	43.16	6.32	$3,446
Dec 2004	0	578	39.86	6.75	$3,902
Nov 2004	0	437	45.28	6.33	$2,766
Oct 2004	0	410	49.70	6.52	$2,671
Sep 2004	0	276	43.24	5.28	$1,458
Aug 2004	0	482	42.37	5.55	$2,675
Jul 2004	1	480	38.28	6.08	$2,959
Jun 2004	0	527	36.10	6.43	$3,390
May 2004	0	558	37.48	6.49	$3,624
Apr 2004	0	513	34.47	5.86	$3,005
Mar 2004	0	504	34.36	5.53	$2,787
Feb 2004	0	399	32.45	5.51	$2,198
Jan 2004	0	459	32.03	6.30	$2,892
Dec 2003	36	405	30.26	6.30	$3,642
Nov 2003	0	417	28.80	4.60	$1,916
Oct 2003	0	468	28.17	4.76	$2,228
Sep 2003	0	450	26.31	4.75	$2,137
Aug 2003	0	447	29.76	5.13	$2,293
Jul 2003	0	432	29.41	5.17	$2,234
Jun 2003	6	367	28.56	5.98	$2,367
May 2003	0	406	26.59	5.97	$2,425
Apr 2003	0	337	26.67	5.41	$1,822
Mar 2003	0	447	31.14	6.10	$2,725
Feb 2003	0	422	33.48	7.93	$3,345
Jan 2003	0	510	30.31	5.58	$2,847
Dec 2002	0	215	26.91	4.85	$1,044
Nov 2002	0	469	24.66	4.14	$1,940
Oct 2002	0	460	26.46	4.23	$1,945
Sep 2002	0	460	27.44	3.64	$1,672
Aug 2002	0	449	25.96	3.16	$1,421
Jul 2002	0	469	24.58	3.06	$1,436
Jun 2002	0	449	23.73	3.34	$1,499
May 2002	169	454	24.66	3.58	$5,795
Apr 2002	0	453	23.65	3.51	$1,591
Mar 2002	3	394	22.00	3.10	$1,288
Feb 2002	0	324	18.22	2.38	$770
Jan 2002	0	470	17.17	2.38	$1,117
Dec 2001	0	524	16.93	2.36	$1,239
Nov 2001	0	324	18.07	2.41	$779
Oct 2001	0	393	19.78	2.53	$994
Sep 2001	0	531	24.26	2.25	$1,195
Aug 2001	0	588	24.87	3.05	$1,795
Jul 2001	0	602	23.93	3.20	$1,925
Jun 2001	0	470	24.56	3.82	$1,797
May 2001	0	438	25.52	4.31	$1,887
Apr 2001	0	346	24.68	5.34	$1,846
Mar 2001	0	352	24.54	5.38	$1,893
Feb 2001	0	411	27.75	5.77	$2,370
Jan 2001	0	372	27.47	8.40	$3,124
Dec 2000	0	426	26.88	9.12	$3,886
Nov 2000	0	378	32.21	5.66	$2,139
Oct 2000	0	348	31.23	5.15	$1,791
Sep 2000	0	566	31.87	5.19	$2,936
Aug 2000	0	525	29.64	4.54	$2,384
Jul 2000	0	465	28.53	4.09	$1,902
Jun 2000	0	398	29.30	4.40	$1,750
May 2000	0	596	27.26	3.68	$2,193
Apr 2000	0	614	24.51	3.12	$1,913
Mar 2000	0	536	28.42	2.86	$1,533
Feb 2000	0	747	27.62	2.73	$2,037
Jan 2000	166	855	25.27	2.48	$6,316
Dec 1999	0	836	24.28	2.42	$2,026
Nov 1999	0	1,311	23.19	2.43	$3,191
Oct 1999	0	621	20.98	2.80	$1,741
Sep 1999	0	467	21.75	2.62	$1,223
Aug 1999	0	457	19.26	2.88	$1,314
Jul 1999	0	507	17.89	2.37	$1,203
Jun 1999	0	497	15.94	2.36	$1,174
May 1999	197	473	15.79	2.32	$4,208
Apr 1999	0	469	15.10	2.21	$1,036
Mar 1999	0	524	12.47	1.84	$963
Feb 1999	0	531	9.98	1.82	$965
Jan 1999	5	665	10.38	1.90	$1,315
Dec 1998	0	872	9.20	1.77	$1,546
Nov 1998	0	1,014	10.89	2.19	$2,216
Oct 1998	0	939	12.42	1.97	$1,849
Sep 1998	0	895	12.59	2.08	$1,864
Aug 1998	0	1,097	11.30	1.91	$2,092
Jul 1998	0	1,144	11.74	2.24	$2,559
Jun 1998	0	968	11.24	2.24	$2,166
May 1998	0	725	12.62	2.21	$1,600
Apr 1998	0	800	13.04	2.51	$2,004
Mar 1998	0	533	12.80	2.31	$1,231
Feb 1998	0	520	13.95	2.30	$1,196
Jan 1998	0	580	14.70	2.15	$1,250
Dec 1997	0	562	16.32	2.41	$1,355
Nov 1997	0	554	18.19	3.09	$1,711
Oct 1997	0	576	19.25	3.15	$1,814
Sep 1997	172	470	17.74	2.95	$4,440
Aug 1997	0	426	17.86	2.55	$1,088
Jul 1997	0	531	17.58	2.25	$1,193
Jun 1997	0	233	17.24	2.26	$526
May 1997	0	264	18.97	2.31	$609
Apr 1997	0	238	17.88	2.08	$496
Mar 1997	0	292	18.95	1.94	$566
Feb 1997	0	588	20.49	2.21	$1,297
Jan 1997	0	664	23.48	3.54	$2,350
Dec 1996	0	675	23.32	—	$0
Nov 1996	0	700	21.97	—	$0
Oct 1996	0	729	23.31	—	$0
Sep 1996	0	606	22.22	—	$0
Aug 1996	0	653	20.26	—	$0
Jul 1996	167	618	19.55	—	$3,265
Jun 1996	0	313	18.73	—	$0
May 1996	0	369	19.43	—	$0
Apr 1996	0	475	21.51	—	$0
Mar 1996	0	434	19.38	—	$0
Feb 1996	0	541	16.98	—	$0
Jan 1996	0	590	17.07	—	$0
Dec 1995	0	585	17.19	—	$0
Nov 1995	0	564	16.00	—	$0
Oct 1995	0	639	15.43	—	$0
Sep 1995	0	581	16.18	—	$0
Aug 1995	0	667	15.92	—	$0
Jul 1995	0	617	15.24	—	$0
Jun 1995	0	612	16.41	—	$0
May 1995	0	654	17.56	—	$0
Apr 1995	178	621	17.73	—	$3,156
Mar 1995	0	662	16.44	—	$0
Feb 1995	0	605	16.58	—	$0
Jan 1995	0	667	15.92	—	$0
Dec 1994	0	703	15.03	—	$0
Nov 1994	0	669	15.90	—	$0
Oct 1994	0	716	15.58	—	$0
Sep 1994	0	705	15.29	—	$0
Aug 1994	0	768	16.13	—	$0
Jul 1994	0	1,128	17.56	—	$0
Jun 1994	0	1,176	17.09	—	$0
May 1994	171	1,341	15.88	—	$2,715
Apr 1994	0	1,155	14.14	—	$0
Mar 1994	0	1,264	12.46	—	$0
Feb 1994	0	1,071	12.50	—	$0
Jan 1994	0	870	12.66	—	$0
Dec 1993	0	1,068	12.33	—	$0
Nov 1993	0	844	14.49	—	$0
Oct 1993	0	1,172	15.85	—	$0
Sep 1993	0	1,054	15.03	—	$0
Aug 1993	0	1,182	15.66	—	$0
Jul 1993	0	1,120	15.46	—	$0
Jun 1993	0	944	16.79	—	$0
May 1993	186	931	17.68	—	$3,288
Apr 1993	0	966	18.05	—	$0
Mar 1993	0	1,129	18.14	—	$0
Feb 1993	0	1,280	17.90	—	$0
Jan 1993	0	1,308	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.

Jan 2009 — as filed, then multipliedworked

Oil                    0 bbl  × $ 35.86 =         $0
Casinghead gas       135 Mcf  × $  5.37 =       $725

────────────────────────────────────────────────────
Month total                                     $725

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/8279 is the state's own key, not one this site invented.