FORKS BBB

Name: FORKS BBB lease production and value, Aug 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MEDDERS OIL COMPANY, INC. (P-5 558355) in the BALT (TANNEHILL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68118District 8AField 05355380OilCasinghead gasSave

Value, all time

$17.9 M

Aug 1999 – Oct 2011

Value, last 12 filed months

$976 k

at the published price for each month

Months reported

147

no gaps in the span

Streams

oil, casinghead gas

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	439,792 bbl	$17,872,738
Casinghead gas	Production	6,840 Mcf	$40,667
Total			$17,913,406

Wells on this lease (6)

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 33.5603, -100.4788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.55984, -100.47879 · 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

0.0%

0 of 6 wells

With a plug date

0.0%

0 of 6 wells

Median depth

3,968 ft

6 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.

6100.0%

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 3,950 and 4,000 ft, median 3,968 ft, over the 6 wells that filed a depth.

Completions filed

Aug 1999 – Apr 2012

6 of 6 wells

6 wells


42-26932402	6	3,950 ft	Apr 2012	—	—
42-26932520	8	3,960 ft	Jan 2004	—	—
42-26932381	5	3,950 ft	Jun 2000	—	—
42-26932364	3	4,000 ft	Mar 2000	—	—
42-26932354	2	3,975 ft	Dec 1999	—	—
42-26932340	1	3,980 ft	Aug 1999	—	—

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 (147)

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

147 months


Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	1,616	55	92.90	4.64	$150,382
May 2011	752	55	98.13	4.40	$74,036
Apr 2011	1,280	55	105.96	4.33	$135,867
Mar 2011	1,456	55	96.36	4.06	$140,523
Feb 2011	1,232	55	85.64	4.18	$105,738
Jan 2011	1,438	55	86.50	4.59	$124,639
Dec 2010	1,296	55	85.73	4.35	$111,345
Nov 2010	1,646	55	80.84	3.80	$133,271
Oct 2010	1,086	55	78.10	3.51	$85,010
Sep 2010	1,272	55	72.63	3.98	$92,604
Aug 2010	1,579	55	73.68	4.42	$116,584
Jul 2010	1,460	55	72.55	4.74	$106,184
Jun 2010	1,445	55	70.36	4.91	$101,940
May 2010	1,444	55	71.12	4.24	$102,930
Apr 2010	1,456	55	81.69	4.12	$119,167
Mar 2010	1,468	55	78.39	4.39	$115,318
Feb 2010	1,277	55	73.58	5.44	$94,261
Jan 2010	1,446	55	74.36	5.96	$107,853
Dec 2009	1,408	55	71.44	5.48	$100,889
Nov 2009	1,448	55	74.59	3.75	$108,213
Oct 2009	1,471	55	72.54	4.11	$106,932
Sep 2009	1,266	55	65.54	3.06	$83,142
Aug 2009	1,454	55	67.42	3.22	$98,206
Jul 2009	1,592	55	61.13	3.46	$97,510
Jun 2009	1,254	55	66.16	3.90	$83,179
May 2009	1,443	55	54.74	3.93	$79,206
Apr 2009	1,250	55	46.77	3.59	$58,660
Mar 2009	1,630	55	42.14	4.06	$68,911
Feb 2009	1,455	55	32.81	4.63	$47,993
Jan 2009	1,616	55	35.86	5.37	$58,245
Dec 2008	1,638	55	37.10	5.98	$61,099
Nov 2008	1,628	55	55.49	6.86	$90,715
Oct 2008	1,820	55	75.24	6.92	$137,318
Sep 2008	1,436	55	101.76	7.88	$146,561
Aug 2008	1,592	55	114.22	8.48	$182,305
Jul 2008	1,831	55	131.08	11.39	$240,634
Jun 2008	1,470	55	131.33	13.03	$193,772
May 2008	1,625	55	123.17	11.57	$200,788
Apr 2008	1,965	55	110.31	10.45	$217,334
Mar 2008	1,628	55	101.90	9.66	$166,425
Feb 2008	1,275	55	92.53	8.77	$118,458
Jan 2008	1,806	55	90.38	8.21	$163,678
Dec 2007	1,855	55	88.33	7.30	$164,254
Nov 2007	1,825	55	91.67	7.29	$167,699
Oct 2007	1,677	55	82.85	6.92	$139,320
Sep 2007	1,845	55	75.84	6.24	$140,268
Aug 2007	1,777	55	69.06	6.39	$123,071
Jul 2007	1,834	55	70.90	6.39	$130,382
Jun 2007	1,940	55	62.00	7.55	$120,695
May 2007	2,163	55	58.74	7.85	$127,486
Apr 2007	1,831	55	59.61	7.81	$109,575
Mar 2007	2,530	55	56.92	7.30	$144,409
Feb 2007	1,820	55	55.10	8.22	$100,734
Jan 2007	1,986	55	50.30	6.73	$100,266
Dec 2006	2,356	55	56.65	6.92	$133,848
Nov 2006	1,829	55	54.20	7.62	$99,551
Oct 2006	2,173	55	54.90	6.01	$119,628
Sep 2006	2,164	55	60.08	5.04	$130,290
Aug 2006	2,166	55	68.71	7.34	$149,230
Jul 2006	2,129	55	69.37	6.34	$148,038
Jun 2006	2,351	55	66.28	6.38	$156,175
May 2006	2,153	55	66.01	6.42	$142,473
Apr 2006	2,173	55	64.39	7.36	$140,324
Mar 2006	2,006	55	56.70	7.08	$114,130
Feb 2006	2,016	55	57.59	7.75	$116,528
Jan 2006	2,338	55	60.59	8.93	$142,151
Dec 2005	2,584	55	54.94	13.42	$142,703
Nov 2005	2,219	55	54.69	10.59	$121,939
Oct 2005	2,329	55	58.34	13.80	$136,633
Sep 2005	2,156	55	61.45	12.08	$133,151
Aug 2005	2,506	55	61.51	9.80	$154,683
Jul 2005	2,680	55	55.69	7.84	$149,681
Jun 2005	2,300	55	52.33	7.38	$120,765
May 2005	2,586	55	45.22	6.65	$117,305
Apr 2005	2,380	55	49.20	7.36	$117,501
Mar 2005	2,938	55	50.37	7.15	$148,381
Feb 2005	2,623	55	45.22	6.31	$118,959
Jan 2005	2,789	55	43.16	6.32	$120,721
Dec 2004	2,805	55	39.86	6.75	$112,179
Nov 2004	2,474	55	45.28	6.33	$112,371
Oct 2004	2,966	55	49.70	6.52	$147,769
Sep 2004	2,251	55	43.24	5.28	$97,624
Aug 2004	2,799	55	42.37	5.55	$118,899
Jul 2004	2,459	55	38.28	6.08	$94,465
Jun 2004	2,540	55	36.10	6.43	$92,048
May 2004	3,017	55	37.48	6.49	$113,434
Apr 2004	2,833	55	34.47	5.86	$97,976
Mar 2004	3,160	55	34.36	5.53	$108,882
Feb 2004	2,462	55	32.45	5.51	$80,195
Jan 2004	2,616	55	32.03	6.30	$84,137
Dec 2003	3,036	40	30.26	6.30	$92,121
Nov 2003	2,485	40	28.80	4.60	$71,752
Oct 2003	3,191	40	28.17	4.76	$90,081
Sep 2003	2,636	40	26.31	4.75	$69,543
Aug 2003	2,990	40	29.76	5.13	$89,188
Jul 2003	2,979	40	29.41	5.17	$87,819
Jun 2003	2,847	40	28.56	5.98	$81,550
May 2003	2,802	40	26.59	5.97	$74,744
Apr 2003	2,945	40	26.67	5.41	$78,759
Mar 2003	3,330	40	31.14	6.10	$103,940
Feb 2003	2,661	40	33.48	7.93	$89,407
Jan 2003	3,126	40	30.31	5.58	$94,972
Dec 2002	3,235	40	26.91	4.85	$87,248
Nov 2002	3,397	40	24.66	4.14	$83,936
Oct 2002	3,348	40	26.46	4.23	$88,757
Sep 2002	3,481	40	27.44	3.64	$95,664
Aug 2002	3,642	40	25.96	3.16	$94,673
Jul 2002	3,582	40	24.58	3.06	$88,168
Jun 2002	4,371	40	23.73	3.34	$103,857
May 2002	4,346	40	24.66	3.58	$107,316
Apr 2002	4,452	40	23.65	3.51	$105,430
Mar 2002	4,852	40	22.00	3.10	$106,868
Feb 2002	4,540	40	18.22	2.38	$82,814
Jan 2002	5,637	40	17.17	2.38	$96,882
Dec 2001	5,476	40	16.93	2.36	$92,803
Nov 2001	5,436	40	18.07	2.41	$98,325
Oct 2001	6,263	40	19.78	2.53	$123,983
Sep 2001	5,788	40	24.26	2.25	$140,507
Aug 2001	6,451	40	24.87	3.05	$160,559
Jul 2001	6,947	40	23.93	3.20	$166,370
Jun 2001	7,401	40	24.56	3.82	$181,922
May 2001	7,966	40	25.52	4.31	$203,465
Apr 2001	8,104	40	24.68	5.34	$200,220
Mar 2001	8,968	40	24.54	5.38	$220,290
Feb 2001	8,319	40	27.75	5.77	$231,083
Jan 2001	8,971	40	27.47	8.40	$246,769
Dec 2000	8,508	40	26.88	9.12	$229,060
Nov 2000	8,493	40	32.21	5.66	$273,786
Oct 2000	8,282	40	31.23	5.15	$258,853
Sep 2000	8,843	40	31.87	5.19	$282,034
Aug 2000	9,615	40	29.64	4.54	$285,170
Jul 2000	10,141	30	28.53	4.09	$289,445
Jun 2000	8,798	30	29.30	4.40	$257,913
May 2000	6,377	30	27.26	3.68	$173,947
Apr 2000	6,619	30	24.51	3.12	$162,325
Mar 2000	6,453	30	28.42	2.86	$183,480
Feb 2000	2,881	30	27.62	2.73	$79,655
Jan 2000	3,427	20	25.27	2.48	$86,650
Dec 1999	3,019	10	24.28	2.42	$73,326
Nov 1999	1,611	10	23.19	2.43	$37,383
Oct 1999	1,410	10	20.98	2.80	$29,610
Sep 1999	1,908	10	21.75	2.62	$41,525
Aug 1999	347	10	19.26	2.88	$6,712

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.

Jun 2011 — as filed, then multipliedworked

Oil                1,616 bbl  × $ 92.90 =   $150,126
Casinghead gas        55 Mcf  × $  4.64 =       $255

────────────────────────────────────────────────────
Month total                                 $150,382

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. 8A/O/68118 is the state's own key, not one this site invented.