PRESTON

Name: PRESTON lease production and value, Feb 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the FIRST SHOT (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14187District 01Field 30967100Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.2 M

Feb 1998 – Mar 2020

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

266

no gaps in the span

Streams

oil, casinghead gas

The FIRST SHOT (AUSTIN CHALK) 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 106 leases and 119 wells, and the rule below applies to all of them.

Discovered

1990-08-20

as the register files it

Field class

Oil

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 40 acres. The field rule took effect on 2017-01-24.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “6 MONTH EXCEPTION TO SWR 51 (A)”

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	102,722 bbl	$2,063,696
Casinghead gas	Production	78,941 Mcf	$184,571
Total			$2,248,267

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 29.2747, -97.4755. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.27473, -97.47555 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,833 ft

1 wells filed one

Completion to plug

21.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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

The one well that filed a depth was drilled to 10,833 ft.

Completions filed

Feb 1998

1 of 1 wells

Plug dates filed

Sep 2019

1 of 1 wells

Last completion to plug: a median of 21.6 years across the 1 well that filed both dates, with the middle half between 21.6 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17732032	1H	10,833 ft	Feb 1998	Sep 2019	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 (266)

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

266 months


Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	128	0	55.05	2.66	$7,046
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	1	0	48.15	2.95	$48
Jun 2015	0	0	56.15	2.88	$0
May 2015	1	0	55.21	2.96	$55
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	1	0	42.89	2.93	$43
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	50	0	78.30	3.90	$3,915
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	177	0	96.56	4.18	$17,091
Jun 2014	4	0	98.16	4.74	$393
May 2014	0	0	94.73	4.73	$0
Apr 2014	346	0	95.94	4.81	$33,195
Mar 2014	164	0	95.89	5.06	$15,726
Feb 2014	338	0	97.40	6.19	$32,921
Jan 2014	16	0	90.40	4.86	$1,446
Dec 2013	32	0	91.82	4.35	$2,938
Nov 2013	141	0	88.85	3.74	$12,528
Oct 2013	50	0	97.42	3.78	$4,871
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	20	0	104.25	3.52	$2,085
Jul 2013	46	0	102.52	3.72	$4,716
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
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	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	22	0	105.96	4.33	$2,331
Mar 2011	93	0	96.36	4.06	$8,961
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	1	0	86.50	4.59	$87
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	84	0	78.10	3.51	$6,560
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	171	0	72.55	4.74	$12,406
Jun 2010	1	0	70.36	4.91	$70
May 2010	0	0	71.12	4.24	$0
Apr 2010	149	0	81.69	4.12	$12,172
Mar 2010	171	0	78.39	4.39	$13,405
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	173	0	72.54	4.11	$12,549
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	177	0	66.16	3.90	$11,710
May 2009	3	0	54.74	3.93	$164
Apr 2009	3	0	46.77	3.59	$140
Mar 2009	164	0	42.14	4.06	$6,911
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	165	0	35.86	5.37	$5,917
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	176	0	75.24	6.92	$13,242
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	178	0	131.08	11.39	$23,332
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	178	0	110.31	10.45	$19,635
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	180	0	92.53	8.77	$16,655
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	175	0	91.67	7.29	$16,042
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	176	0	75.84	6.24	$13,348
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	157	0	62.00	7.55	$9,734
May 2007	0	0	58.74	7.85	$0
Apr 2007	179	0	59.61	7.81	$10,670
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	155	0	55.10	8.22	$8,541
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	157	0	56.65	6.92	$8,894
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	177	0	54.90	6.01	$9,717
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	175	0	68.71	7.34	$12,024
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	160	0	66.28	6.38	$10,605
May 2006	0	0	66.01	6.42	$0
Apr 2006	179	0	64.39	7.36	$11,526
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	182	0	57.59	7.75	$10,481
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	177	0	54.94	13.42	$9,724
Nov 2005	177	0	54.69	10.59	$9,680
Oct 2005	180	0	58.34	13.80	$10,501
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	171	0	52.33	7.38	$8,948
May 2005	177	0	45.22	6.65	$8,004
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	177	0	50.37	7.15	$8,915
Feb 2005	173	0	45.22	6.31	$7,823
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	157	0	39.86	6.75	$6,258
Nov 2004	178	0	45.28	6.33	$8,060
Oct 2004	174	0	49.70	6.52	$8,648
Sep 2004	207	0	43.24	5.28	$8,951
Aug 2004	178	0	42.37	5.55	$7,542
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	316	0	36.10	6.43	$11,408
May 2004	351	0	37.48	6.49	$13,155
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	177	0	32.45	5.51	$5,744
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	156	0	30.26	6.30	$4,721
Nov 2003	179	0	28.80	4.60	$5,155
Oct 2003	178	0	28.17	4.76	$5,014
Sep 2003	180	0	26.31	4.75	$4,736
Aug 2003	182	0	29.76	5.13	$5,416
Jul 2003	183	0	29.41	5.17	$5,382
Jun 2003	0	0	28.56	5.98	$0
May 2003	175	0	26.59	5.97	$4,653
Apr 2003	165	0	26.67	5.41	$4,401
Mar 2003	183	0	31.14	6.10	$5,699
Feb 2003	186	0	33.48	7.93	$6,227
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	171	0	26.91	4.85	$4,602
Nov 2002	171	0	24.66	4.14	$4,217
Oct 2002	173	0	26.46	4.23	$4,578
Sep 2002	344	0	27.44	3.64	$9,439
Aug 2002	364	0	25.96	3.16	$9,449
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	189	0	23.73	3.34	$4,485
May 2002	369	0	24.66	3.58	$9,100
Apr 2002	130	0	23.65	3.51	$3,075
Mar 2002	185	0	22.00	3.10	$4,070
Feb 2002	377	0	18.22	2.38	$6,869
Jan 2002	183	0	17.17	2.38	$3,142
Dec 2001	189	0	16.93	2.36	$3,200
Nov 2001	370	0	18.07	2.41	$6,686
Oct 2001	380	0	19.78	2.53	$7,516
Sep 2001	189	0	24.26	2.25	$4,585
Aug 2001	175	0	24.87	3.05	$4,352
Jul 2001	388	0	23.93	3.20	$9,285
Jun 2001	197	0	24.56	3.82	$4,838
May 2001	203	0	25.52	4.31	$5,181
Apr 2001	380	0	24.68	5.34	$9,378
Mar 2001	395	0	24.54	5.38	$9,693
Feb 2001	222	0	27.75	5.77	$6,161
Jan 2001	324	0	27.47	8.40	$8,900
Dec 2000	388	0	26.88	9.12	$10,429
Nov 2000	741	0	32.21	5.66	$23,868
Oct 2000	378	0	31.23	5.15	$11,805
Sep 2000	371	0	31.87	5.19	$11,824
Aug 2000	552	0	29.64	4.54	$16,361
Jul 2000	731	0	28.53	4.09	$20,855
Jun 2000	570	0	29.30	4.40	$16,701
May 2000	749	0	27.26	3.68	$20,418
Apr 2000	732	0	24.51	3.12	$17,941
Mar 2000	1,138	0	28.42	2.86	$32,342
Feb 2000	919	0	27.62	2.73	$25,383
Jan 2000	1,654	0	25.27	2.48	$41,797
Dec 1999	2,022	0	24.28	2.42	$49,094
Nov 1999	1,838	0	23.19	2.43	$42,623
Oct 1999	2,506	0	20.98	2.80	$52,576
Sep 1999	386	0	21.75	2.62	$8,396
Aug 1999	727	0	19.26	2.88	$14,002
Jul 1999	722	0	17.89	2.37	$12,917
Jun 1999	765	0	15.94	2.36	$12,194
May 1999	701	0	15.79	2.32	$11,069
Apr 1999	551	0	15.10	2.21	$8,320
Mar 1999	566	0	12.47	1.84	$7,058
Feb 1999	930	0	9.98	1.82	$9,281
Jan 1999	727	0	10.38	1.90	$7,546
Dec 1998	1,272	0	9.20	1.77	$11,702
Nov 1998	1,808	306	10.89	2.19	$20,358
Oct 1998	1,256	92	12.42	1.97	$15,781
Sep 1998	895	87	12.59	2.08	$11,449
Aug 1998	2,827	156	11.30	1.91	$32,243
Jul 1998	3,339	0	11.74	2.24	$39,200
Jun 1998	3,540	6,742	11.24	2.24	$54,873
May 1998	6,959	16,287	12.62	2.21	$123,757
Apr 1998	13,232	23,857	13.04	2.51	$232,315
Mar 1998	19,887	22,277	12.80	2.31	$306,001
Feb 1998	10,062	9,137	13.95	2.30	$161,372

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.

Sep 2019 — as filed, then multipliedworked

Oil                  128 bbl  × $ 55.05 =     $7,046
Casinghead gas         0 Mcf  × $  2.66 =         $0

────────────────────────────────────────────────────
Month total                                   $7,046

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/14187 is the state's own key, not one this site invented.