PALOMA

Name: PALOMA lease production and value, Mar 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEWFIELD EXPLORATION COMPANY (P-5 606617) in the CHITTIM (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14623District 01Field 17876249OilCasinghead gasSave Export

Value, all time

$513 k

Mar 2004 – Jan 2016

Value, last 12 filed months

at the published price for each month

Months reported

143

no gaps in the span

Streams

oil, casinghead gas

The CHITTIM (GEORGETOWN) 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 28 leases and 45 wells, and the rule below applies to all of them.

Discovered

1972-11-08

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 2005-09-12.

The Commission's schedule remark for this field reads: “EXEMPT FIELD EFFECTIVE 6/1/97.”

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	5,138 bbl	$348,112
Casinghead gas	Production	28,074 Mcf	$165,119
Total			$513,231

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 28.8492, -100.3575. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.84915, -100.35752 · 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

100.0%

2 of 2 wells

Median depth

3,184 ft

2 wells filed one

Completion to plug

7.5 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 3,174 and 3,194 ft, median 3,184 ft, over the 2 wells that filed a depth.

Completions filed

Mar 2007 – Aug 2007

2 of 2 wells

Plug dates filed

Nov 2014

2 of 2 wells

Last completion to plug: a median of 7.5 years across the 2 wells that filed both dates, with the middle half between 7.3 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32332964	3133H	3,194 ft	Aug 2007	Nov 2014	Yes
42-32332708	2133H	3,174 ft	Mar 2007	Nov 2014	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 (143)

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

143 months


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	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
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	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
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	1	0	105.05	2.22	$105
Feb 2012	186	155	101.10	2.57	$19,203
Jan 2012	15	382	98.09	2.73	$2,516
Dec 2011	4	853	96.87	3.24	$3,151
Nov 2011	164	166	95.72	3.31	$16,248
Oct 2011	170	229	84.98	3.65	$15,282
Sep 2011	4	181	83.62	3.99	$1,056
Aug 2011	3	279	83.40	4.15	$1,408
Jul 2011	9	668	94.14	4.52	$3,865
Jun 2011	17	559	92.90	4.64	$4,173
May 2011	0	291	98.13	4.40	$1,282
Apr 2011	158	726	105.96	4.33	$19,888
Mar 2011	0	974	96.36	4.06	$3,952
Feb 2011	336	1,462	85.64	4.18	$34,886
Jan 2011	161	945	86.50	4.59	$18,263
Dec 2010	2	153	85.73	4.35	$837
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	19	78.10	3.51	$67
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	144	3	78.39	4.39	$11,301
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	169	50	71.44	5.48	$12,348
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	255	72.54	4.11	$1,048
Sep 2009	165	469	65.54	3.06	$12,251
Aug 2009	251	415	67.42	3.22	$18,258
Jul 2009	0	711	61.13	3.46	$2,463
Jun 2009	165	657	66.16	3.90	$13,475
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	266	46.77	3.59	$954
Mar 2009	0	95	42.14	4.06	$386
Feb 2009	0	59	32.81	4.63	$273
Jan 2009	0	286	35.86	5.37	$1,536
Dec 2008	0	202	37.10	5.98	$1,207
Nov 2008	0	744	55.49	6.86	$5,104
Oct 2008	0	473	75.24	6.92	$3,274
Sep 2008	109	0	101.76	7.88	$11,092
Aug 2008	0	361	114.22	8.48	$3,062
Jul 2008	82	12	131.08	11.39	$10,885
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	164	123.17	11.57	$1,898
Apr 2008	0	550	110.31	10.45	$5,750
Mar 2008	126	0	101.90	9.66	$12,839
Feb 2008	0	184	92.53	8.77	$1,614
Jan 2008	0	578	90.38	8.21	$4,743
Dec 2007	0	244	88.33	7.30	$1,782
Nov 2007	0	676	91.67	7.29	$4,929
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	169	580	75.84	6.24	$16,439
Aug 2007	164	768	69.06	6.39	$16,232
Jul 2007	0	536	70.90	6.39	$3,424
Jun 2007	0	1,038	62.00	7.55	$7,835
May 2007	167	1,788	58.74	7.85	$23,839
Apr 2007	325	2,152	59.61	7.81	$36,170
Mar 2007	490	597	56.92	7.30	$32,250
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	132	0	54.20	7.62	$7,154
Oct 2006	0	153	54.90	6.01	$920
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	17	66.28	6.38	$109
May 2006	0	17	66.01	6.42	$109
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	84	0	58.34	13.80	$4,901
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	159	413	52.33	7.38	$11,369
May 2005	0	369	45.22	6.65	$2,454
Apr 2005	0	375	49.20	7.36	$2,760
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	659	45.28	6.33	$4,172
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	1,784	42.37	5.55	$9,902
Jul 2004	158	195	38.28	6.08	$7,235
Jun 2004	0	134	36.10	6.43	$862
May 2004	342	512	37.48	6.49	$16,143
Apr 2004	0	491	34.47	5.86	$2,877
Mar 2004	507	0	34.36	5.53	$17,421

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.

Mar 2012 — as filed, then multipliedworked

Oil                    1 bbl  × $105.05 =       $105
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                     $105

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/14623 is the state's own key, not one this site invented.