PEIKERT -S-

Operated by LULING O&G LLC (P-5 512575) in the SALT FLAT, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9251District 01Field 79912100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$35 k
Jan 1993 – May 2012
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
233
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 141 leases and 399 wells, and the rule below applies to all of them.

Discovered
1981-03-01
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2.06 acres.

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: 2.06 OP ACRES - 500' DIAG

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
OilDisposition1,170 bbl$29,421
Casinghead gasProduction1,534 Mcf$5,546
Total$34,968

624 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 (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 29.6925, -97.6544. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.69249, -97.65442 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,752 ft
1 wells filed one
Completion to plug
28.2 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 2,752 ft.

Completions filed
Nov 1983
1 of 1 wells
Plug dates filed
Jan 2012
1 of 1 wells

Last completion to plug: a median of 28.2 years across the 1 well that filed both dates, with the middle half between 28.2 years and 28.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0553176222,752 ftNov 1983Jan 2012Yes

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 (233)

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

233 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012120105.052.22$1,261
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20116196.873.24$584
Nov 20110195.723.31$3
Oct 20110184.983.65$4
Sep 201110183.623.99$840
Aug 20116183.404.15$505
Jul 20116494.144.52$583
Jun 20116592.904.64$581
May 20110698.134.40$26
Apr 2011167105.964.33$1,726
Mar 20110696.364.06$24
Feb 20110585.644.18$21
Jan 20110686.504.59$28
Dec 201061085.734.35$558
Nov 201001180.843.80$42
Oct 201061378.103.51$514
Sep 201001272.633.98$48
Aug 201001673.684.42$71
Jul 201001472.554.74$66
Jun 201001470.364.91$69
May 201001271.124.24$51
Apr 20106481.694.12$507
Mar 201001378.394.39$57
Feb 201001273.585.44$65
Jan 201001274.365.96$72
Dec 200901271.445.48$66
Nov 200901274.593.75$45
Oct 200901272.544.11$49
Sep 20090965.543.06$28
Aug 20090067.423.22$0
Jul 20090661.133.46$21
Jun 20090766.163.90$27
May 20090754.743.93$27
Apr 20096746.773.59$306
Mar 20090742.144.06$28
Feb 20090732.814.63$32
Jan 20090835.865.37$43
Dec 20080837.105.98$48
Nov 20080855.496.86$55
Oct 20080875.246.92$55
Sep 200805101.767.88$39
Aug 200808114.228.48$68
Jul 200808131.0811.39$91
Jun 200801131.3313.03$13
May 200804123.1711.57$46
Apr 200868110.3110.45$746
Mar 200808101.909.66$77
Feb 20080792.538.77$61
Jan 20080790.388.21$57
Dec 20070788.337.30$51
Nov 20076791.677.29$601
Oct 20076882.856.92$552
Sep 20070775.846.24$44
Aug 20070469.066.39$26
Jul 20070470.906.39$26
Jun 20070462.007.55$30
May 20070558.747.85$39
Apr 20070459.617.81$31
Mar 20073456.927.30$200
Feb 20072755.108.22$168
Jan 20070750.306.73$47
Dec 20063956.656.92$232
Nov 20060554.207.62$38
Oct 20060554.906.01$30
Sep 20060560.085.04$25
Aug 20060668.717.34$44
Jul 20060569.376.34$32
Jun 20060566.286.38$32
May 20060666.016.42$39
Apr 20063564.397.36$230
Mar 20063556.707.08$206
Feb 20060457.597.75$31
Jan 20060560.598.93$45
Dec 20050654.9413.42$80
Nov 20050554.6910.59$53
Oct 20055558.3413.80$361
Sep 20050461.4512.08$48
Aug 20050661.519.80$59
Jul 20050655.697.84$47
Jun 20050552.337.38$37
May 20050545.226.65$33
Apr 20050349.207.36$22
Mar 20050450.377.15$29
Feb 20050345.226.31$19
Jan 20050443.166.32$25
Dec 20040039.866.75$0
Nov 200403045.286.33$190
Oct 200403049.706.52$195
Sep 200423043.245.28$245
Aug 200403042.375.55$167
Jul 200403038.286.08$183
Jun 200403036.106.43$193
May 200413037.486.49$232
Apr 200403034.475.86$176
Mar 200403034.365.53$166
Feb 200413032.455.51$198
Jan 200413032.036.30$221
Dec 200313030.266.30$219
Nov 20031028.804.60$29
Oct 20032028.174.76$56
Sep 20031026.314.75$26
Aug 20030029.765.13$0
Jul 20032029.415.17$59
Jun 20030028.565.98$0
May 20032026.595.97$53
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20031030.315.58$30
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20021025.963.16$26
Jul 20021024.583.06$25
Jun 20021023.733.34$24
May 20023024.663.58$74
Apr 20021023.653.51$24
Mar 20020022.003.10$0
Feb 20023018.222.38$55
Jan 20022017.172.38$34
Dec 20012016.932.36$34
Nov 20012018.072.41$36
Oct 20015019.782.53$99
Sep 200121024.262.25$509
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000149025.272.48$3,765
Dec 19990024.282.42$0
Nov 199964023.192.43$1,484
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199823011.742.24$270
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 199746016.322.41$751
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 199731018.951.94$587
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996016216.98$0
Jan 199607417.07$0
Dec 19950017.19$0
Nov 19950916.00$0
Oct 199505015.43$0
Sep 1995503116.18$809
Aug 19950215.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 1995821917.73$1,454
Mar 19950016.44$0
Feb 19950316.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940215.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 199436117.56$632
Jun 19940117.09$0
May 199401615.88$0
Apr 1994892314.14$1,258
Mar 199401412.46$0
Feb 19940512.50$0
Jan 1994691612.66$874
Dec 199301412.33$0
Nov 199398114.49$1,420
Oct 199302015.85$0
Sep 19930115.03$0
Aug 1993442815.66$689
Jul 1993494315.46$758
Jun 19931076916.79$1,797
May 199301117.68$0
Apr 19930018.05$0
Mar 19930418.14$0
Feb 19930417.90$0
Jan 199353116.93$897

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                   12 bbl  × $105.05 =     $1,261
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                   $1,261

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/9251 is the state's own key, not one this site invented.