KRAWETZ

Operated by BARNETT ENERGY, INC. (P-5 51290) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12434District 01Field 69981125OilCasinghead gasSaveExport
Value, all time
$953 k
Jan 1993 – Mar 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
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 2025-06-17.

The Commission's schedule remark for this field reads: LEASE PLAT. PRORATION PLAT IS NOT REQUIRED.

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
OilDisposition50,181 bbl$952,727
Casinghead gasProduction3,273 Mcf$0
Total$952,727

3,273 Mcf of this lease's gas, across 27 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 28.7271, -99.4294. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

28.72712, -99.42936 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,661 ft
2 wells filed one
Completion to plug
10.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 8,373 and 8,949 ft, median 8,661 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1990 – Apr 2001
2 of 2 wells
Plug dates filed
Aug 2006
2 of 2 wells

Last completion to plug: a median of 10.9 years across the 2 wells that filed both dates, with the middle half between 8.1 years and 13.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-5073235928,949 ftApr 2001Aug 2006Yes
42-5073228818,373 ftMar 1990Aug 2006Yes

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 (171)

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

171 months

Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005121045.226.65$5,472
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005168045.226.31$7,597
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004321049.706.52$15,954
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004181036.106.43$6,534
May 2004181037.486.49$6,784
Apr 2004169034.475.86$5,825
Mar 2004352034.365.53$12,095
Feb 2004169032.455.51$5,484
Jan 20040032.036.30$0
Dec 2003304030.266.30$9,199
Nov 2003139028.804.60$4,003
Oct 2003168028.174.76$4,733
Sep 2003164026.314.75$4,315
Aug 2003325029.765.13$9,672
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003266031.146.10$8,283
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002154026.914.85$4,144
Nov 2002484024.664.14$11,935
Oct 2002325026.464.23$8,600
Sep 20020027.443.64$0
Aug 2002161025.963.16$4,180
Jul 2002167024.583.06$4,105
Jun 2002325023.733.34$7,712
May 2002160024.663.58$3,946
Apr 2002633023.653.51$14,970
Mar 2002161022.003.10$3,542
Feb 2002171018.222.38$3,116
Jan 2002322017.172.38$5,529
Dec 2001331016.932.36$5,604
Nov 20010018.072.41$0
Oct 2001163019.782.53$3,224
Sep 2001171024.262.25$4,148
Aug 2001637024.873.05$15,842
Jul 20011023.933.20$24
Jun 2001166024.563.82$4,077
May 2001140025.524.31$3,573
Apr 2001504024.685.34$12,439
Mar 20010024.545.38$0
Feb 2001154027.755.77$4,274
Jan 20010027.478.40$0
Dec 2000169026.889.12$4,543
Nov 20000032.215.66$0
Oct 2000177031.235.15$5,528
Sep 20000031.875.19$0
Aug 2000166029.644.54$4,920
Jul 2000167028.534.09$4,765
Jun 2000163029.304.40$4,776
May 2000337027.263.68$9,187
Apr 2000299024.513.12$7,328
Mar 2000172028.422.86$4,888
Feb 2000666027.622.73$18,395
Jan 2000687025.272.48$17,360
Dec 19994024.282.42$97
Nov 19994023.192.43$93
Oct 1999321020.982.80$6,735
Sep 1999475021.752.62$10,331
Aug 1999175019.262.88$3,371
Jul 1999167017.892.37$2,988
Jun 1999172015.942.36$2,742
May 1999167015.792.32$2,637
Apr 1999502015.102.21$7,580
Mar 1999491012.471.84$6,123
Feb 199986109.981.82$8,593
Jan 1999828010.381.90$8,595
Dec 1998009.201.77$0
Nov 1998328010.892.19$3,572
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997163016.322.41$2,660
Nov 19979018.193.09$164
Oct 1997147019.253.15$2,830
Sep 1997177017.742.95$3,140
Aug 1997330017.862.55$5,894
Jul 1997872017.582.25$15,330
Jun 1997202017.242.26$3,482
May 19970018.972.31$0
Apr 1997321017.882.08$5,739
Mar 1997312018.951.94$5,912
Feb 1997169020.492.21$3,463
Jan 1997349023.483.54$8,195
Dec 1996170023.32$3,964
Nov 1996563021.97$12,369
Oct 1996386023.31$8,998
Sep 1996518022.22$11,510
Aug 199622020.26$446
Jul 1996685019.55$13,392
Jun 1996171118.73$3,203
May 19961,043119.43$20,265
Apr 1996175121.51$3,764
Mar 1996185119.38$3,585
Feb 1996909116.98$15,435
Jan 1996372117.07$6,350
Dec 1995668017.19$11,483
Nov 199522016.00$352
Oct 1995180015.43$2,777
Sep 19951,016016.18$16,439
Aug 1995339015.92$5,397
Jul 1995690015.24$10,516
Jun 1995743016.41$12,193
May 19951,181017.56$20,738
Apr 1995509017.73$9,025
Mar 19951,052016.44$17,295
Feb 1995859016.58$14,242
Jan 1995686015.92$10,921
Dec 19940015.03$0
Nov 1994513015.90$8,157
Oct 1994557015.58$8,678
Sep 1994638215.29$9,755
Aug 1994333216.13$5,371
Jul 1994684217.56$12,011
Jun 1994516217.09$8,818
May 1994810215.88$12,863
Apr 1994363214.14$5,133
Mar 1994686212.46$8,548
Feb 19941,030212.50$12,875
Jan 19941,052212.66$13,318
Dec 1993721212.33$8,890
Nov 1993670214.49$9,708
Oct 1993337215.85$5,341
Sep 1993988215.03$14,850
Aug 19931,048215.66$16,412
Jul 1993680215.46$10,513
Jun 19931,349216.79$22,650
May 19936725517.68$11,881
Apr 19931,546218.05$27,905
Mar 199335287618.14$6,385
Feb 19931,3991,09317.90$25,042
Jan 19931,1861,20916.93$20,079

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.

May 2005 — as filed, then multipliedworked
Oil                  121 bbl  × $ 45.22 =     $5,472
Casinghead gas         0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                   $5,472

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. 01/O/12434 is the state's own key, not one this site invented.