MASTERSON, BEN & TOM

Operated by FREEMAN EXPL. & PROD. CO., INC. (P-5 285114) in the TOM B. (BUNGER SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6840District 8AField 90455333OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Nov 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
251
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 3 leases and 10 wells, and the rule below applies to all of them.

Discovered
1952-02-26
as the register files it
Field class
Oil
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.

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
OilDisposition47,135 bbl$1,131,532
Casinghead gasProduction6,048 Mcf$4
Total$1,131,536

6,047 Mcf of this lease's gas, across 41 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 (7)

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 33.7554, -100.2225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.75585, -100.22259 · 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
100.0%
7 of 7 wells
With a plug date
85.7%
6 of 7 wells
Median depth
4,247 ft
6 wells filed one
Completion to plug
27.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
685.7%
BothOn the schedule and plugged. Neither fact cancels the other.
685.7%
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 2,100 and 6,150 ft, median 4,247 ft, over the 6 wells that filed a depth.

Completions filed
Aug 1976 – Sep 1987
2 of 7 wells; 5 filed none
Plug dates filed
Nov 2003 – May 2013
6 of 7 wells; 1 filed none

Last completion to plug: a median of 27.6 years across the 2 wells that filed both dates, with the middle half between 22.9 years and 32.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-2690002114,371 ftNov 2003Yes
42-2690002244,415 ftApr 2013Yes
42-2691023556,150 ftNov 2003Yes
42-2691024164,073 ftMay 2013Yes
42-269800583Yes
42-2691024274,122 ftSep 1987Jan 2006Yes
42-2690004422,100 ftAug 1976May 2013Yes

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 (251)

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

251 months

Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201220086.953.62$1,739
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201146094.144.52$4,330
Jun 20110092.904.64$0
May 201146098.134.40$4,514
Apr 20111050105.964.33$11,126
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201096085.734.35$8,230
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010120073.684.42$8,842
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201041081.694.12$3,349
Mar 201028078.394.39$2,195
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200937074.593.75$2,760
Oct 200950072.544.11$3,627
Sep 2009163065.543.06$10,683
Aug 20090067.423.22$0
Jul 200995061.133.46$5,807
Jun 20090166.163.90$4
May 200977054.743.93$4,215
Apr 20090046.773.59$0
Mar 200953042.144.06$2,233
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008590114.228.48$6,739
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081560123.1711.57$19,215
Apr 200800110.3110.45$0
Mar 20081280101.909.66$13,043
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007143088.337.30$12,631
Nov 20070091.677.29$0
Oct 2007127082.856.92$10,522
Sep 200745075.846.24$3,413
Aug 200763069.066.39$4,351
Jul 2007118070.906.39$8,366
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200779059.617.81$4,709
Mar 200786056.927.30$4,895
Feb 2007193055.108.22$10,634
Jan 20070050.306.73$0
Dec 2006155056.656.92$8,781
Nov 20060054.207.62$0
Oct 200672054.906.01$3,953
Sep 2006149060.085.04$8,952
Aug 20060068.717.34$0
Jul 2006133069.376.34$9,226
Jun 2006142066.286.38$9,412
May 2006178066.016.42$11,750
Apr 200685064.397.36$5,473
Mar 2006158056.707.08$8,959
Feb 2006154057.597.75$8,869
Jan 2006326060.598.93$19,752
Dec 20050054.9413.42$0
Nov 2005212054.6910.59$11,594
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 200585061.519.80$5,228
Jul 2005174055.697.84$9,690
Jun 20050052.337.38$0
May 2005115045.226.65$5,200
Apr 200546049.207.36$2,263
Mar 2005140050.377.15$7,052
Feb 2005287045.226.31$12,978
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200471045.286.33$3,215
Oct 2004126049.706.52$6,262
Sep 2004154043.245.28$6,659
Aug 2004168042.375.55$7,118
Jul 2004162038.286.08$6,201
Jun 2004150036.106.43$5,415
May 2004157037.486.49$5,884
Apr 200497034.475.86$3,344
Mar 2004128034.365.53$4,398
Feb 2004130032.455.51$4,219
Jan 2004139032.036.30$4,452
Dec 2003191030.266.30$5,780
Nov 2003165028.804.60$4,752
Oct 2003190028.174.76$5,352
Sep 2003134026.314.75$3,526
Aug 2003177029.765.13$5,268
Jul 2003182029.415.17$5,353
Jun 2003174028.565.98$4,969
May 2003150026.595.97$3,989
Apr 2003180026.675.41$4,801
Mar 2003159031.146.10$4,951
Feb 2003146033.487.93$4,888
Jan 2003167030.315.58$5,062
Dec 2002299026.914.85$8,046
Nov 200227024.664.14$666
Oct 2002176026.464.23$4,657
Sep 2002140027.443.64$3,842
Aug 2002137025.963.16$3,557
Jul 20020024.583.06$0
Jun 2002108023.733.34$2,563
May 200274024.663.58$1,825
Apr 2002152023.653.51$3,595
Mar 2002174022.003.10$3,828
Feb 2002159018.222.38$2,897
Jan 2002227017.172.38$3,898
Dec 20010016.932.36$0
Nov 2001134018.072.41$2,421
Oct 200187019.782.53$1,721
Sep 200173024.262.25$1,771
Aug 2001201024.873.05$4,999
Jul 2001254023.933.20$6,078
Jun 2001143024.563.82$3,512
May 2001173025.524.31$4,415
Apr 2001204024.685.34$5,035
Mar 2001169024.545.38$4,147
Feb 2001164027.755.77$4,551
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000152031.235.15$4,747
Sep 2000166031.875.19$5,290
Aug 2000224029.644.54$6,639
Jul 2000241028.534.09$6,876
Jun 2000207029.304.40$6,065
May 2000207027.263.68$5,643
Apr 2000207024.513.12$5,074
Mar 2000236028.422.86$6,707
Feb 2000214027.622.73$5,911
Jan 2000248025.272.48$6,267
Dec 1999210024.282.42$5,099
Nov 1999243023.192.43$5,635
Oct 1999245020.982.80$5,140
Sep 1999183021.752.62$3,980
Aug 1999201019.262.88$3,871
Jul 1999210017.892.37$3,757
Jun 19990015.942.36$0
May 1999166015.792.32$2,621
Apr 1999209015.102.21$3,156
Mar 1999217012.471.84$2,706
Feb 199919409.981.82$1,936
Jan 1999228010.381.90$2,367
Dec 199822109.201.77$2,033
Nov 1998121010.892.19$1,318
Oct 1998243012.421.97$3,018
Sep 1998256012.592.08$3,223
Aug 1998211011.301.91$2,384
Jul 1998262011.742.24$3,076
Jun 1998150011.242.24$1,686
May 1998292012.622.21$3,685
Apr 1998432013.042.51$5,633
Mar 1998410012.802.31$5,248
Feb 1998506013.952.30$7,059
Jan 1998436014.702.15$6,409
Dec 1997471016.322.41$7,687
Nov 1997437018.193.09$7,949
Oct 1997360019.253.15$6,930
Sep 1997201017.742.95$3,566
Aug 1997401017.862.55$7,162
Jul 1997462017.582.25$8,122
Jun 1997399017.242.26$6,879
May 1997448018.972.31$8,499
Apr 1997549017.882.08$9,816
Mar 1997546018.951.94$10,347
Feb 1997428020.492.21$8,770
Jan 1997358023.483.54$8,406
Dec 1996408023.32$9,515
Nov 1996571021.97$12,545
Oct 1996405023.31$9,441
Sep 1996416022.22$9,244
Aug 1996471020.26$9,542
Jul 199618410819.55$3,597
Jun 19960018.73$0
May 199623210319.43$4,508
Apr 199616716821.51$3,592
Mar 199618110819.38$3,508
Feb 19961759816.98$2,972
Jan 19960017.07$0
Dec 19952177117.19$3,730
Nov 199539016816.00$6,240
Oct 199529516815.43$4,552
Sep 19951975016.18$3,187
Aug 199530516815.92$4,856
Jul 199501615.24$0
Jun 19951151716.41$1,887
May 199548316817.56$8,481
Apr 199534716817.73$6,152
Mar 199540614116.44$6,675
Feb 199533915616.58$5,621
Jan 199551816815.92$8,247
Dec 199455716815.03$8,372
Nov 199460416815.90$9,604
Oct 199461616815.58$9,597
Sep 199446616815.29$7,125
Aug 199452416016.13$8,452
Jul 199441916817.56$7,358
Jun 199438715517.09$6,614
May 199457316815.88$9,099
Apr 199436216814.14$5,119
Mar 199449616812.46$6,180
Feb 199457216812.50$7,150
Jan 199481416812.66$10,305
Dec 199318316312.33$2,256
Nov 199380516814.49$11,664
Oct 199350116815.85$7,941
Sep 199372216815.03$10,852
Aug 199363816815.66$9,991
Jul 199389616715.46$13,852
Jun 199392016816.79$15,447
May 199393716817.68$16,566
Apr 19931,07416818.05$19,386
Mar 199378516718.14$14,240
Feb 199360316717.90$10,794
Jan 19931,29416816.93$21,907

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 2012 — as filed, then multipliedworked
Oil                   20 bbl  × $ 86.95 =     $1,739
Casinghead gas         0 Mcf  × $  3.62 =         $0

────────────────────────────────────────────────────
Month total                                   $1,739

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/6840 is the state's own key, not one this site invented.