TEXAS STATE TRACT 117

Operated by VINTAGE PETROLEUM, INC. (P-5 886200) in the PANTHER REEF, SW. (FRIO G-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138507District 02Field 69029800CondensateGasSave
Value, all time
$5.8 M
Jan 1993 – Oct 1999
Value, last 12 filed months
$265 k
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition244,417 bbl$4,095,729
GasProduction4,366,519 Mcf$1,753,781
Total$5,849,510

3,634,917 Mcf of this lease's gas, across 48 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 28.2182, -96.7284. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.21822, -96.72845 · 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
10,000 ft
1 wells filed one
Completion to plug
12.9 years
median over 1 wells

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 10,000 ft.

Completions filed
Oct 1999
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 12.9 years across the 1 well that filed both dates, with the middle half between 12.9 years and 12.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-05731479310,000 ftOct 1999Sep 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 (82)

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

82 months

Oct 19990020.982.80$0
Sep 1999474,55321.752.62$12,946
Aug 1999626,10219.262.88$18,741
Jul 19991619,05817.892.37$24,369
Jun 19991709,27615.942.36$24,621
May 199924512,39615.792.32$32,640
Apr 199920712,41015.102.21$30,528
Mar 19991589,89612.471.84$20,162
Feb 199917610,8589.981.82$21,494
Jan 199920613,20910.381.90$27,235
Dec 199819212,5209.201.77$23,968
Nov 199818612,06310.892.19$28,392
Oct 199844714,20612.421.97$33,526
Sep 199832711,64712.592.08$28,373
Aug 199849311,37611.301.91$27,269
Jul 199819914,92311.742.24$35,723
Jun 199823017,07411.242.24$40,784
May 199824718,04012.622.21$42,920
Apr 199830618,86313.042.51$51,248
Mar 199874920,59012.802.31$57,139
Feb 199841010,52813.952.30$29,925
Jan 19981,70127,79414.702.15$84,895
Dec 19971,32528,64516.322.41$90,690
Nov 19971,34329,00518.193.09$114,004
Oct 19971,40830,52219.253.15$123,243
Sep 19971,46031,49317.742.95$118,958
Aug 19971,53733,60917.862.55$113,313
Jul 19971,39433,95117.582.25$100,792
Jun 19971,46733,60817.242.26$101,151
May 19971,70744,11618.972.31$134,224
Apr 19972,11050,17517.882.08$142,230
Mar 19972,28255,33918.951.94$150,554
Feb 19971,74235,27920.492.21$113,516
Jan 19972,42748,47823.483.54$228,584
Dec 19962,96160,02023.32$69,051
Nov 19962,86659,24021.97$62,966
Oct 19963,12464,49823.31$72,820
Sep 19963,02960,94122.22$67,304
Aug 19963,14863,43720.26$63,778
Jul 19962,96363,40419.55$57,927
Jun 19962,75657,65318.73$51,620
May 19962,79457,76919.43$54,287
Apr 19962,86561,75821.51$61,626
Mar 19962,96264,14819.38$57,404
Feb 19962,56154,49616.98$43,486
Jan 19963,09359,69917.07$52,798
Dec 19953,14158,90517.19$53,994
Nov 19953,79766,65416.00$60,752
Oct 19954,10871,72415.43$63,386
Sep 19953,77566,99016.18$61,080
Aug 19953,30762,58115.92$52,647
Jul 19954,07873,44515.24$62,149
Jun 19953,97072,69016.41$65,148
May 19954,23872,42117.56$74,419
Apr 19954,17470,08917.73$74,005
Mar 19954,33669,69116.44$71,284
Feb 19952,65240,31816.58$43,970
Jan 19954,51272,72415.92$71,831
Dec 19944,48578,89915.03$67,410
Nov 19944,50774,70015.90$71,661
Oct 19944,31170,29115.58$67,165
Sep 19944,07068,84015.29$62,230
Aug 19944,37976,16116.13$70,633
Jul 19944,69876,05617.56$82,497
Jun 19944,66775,51817.09$79,759
May 19944,03767,03615.88$64,108
Apr 19944,79083,60814.14$67,731
Mar 19944,72478,27712.46$58,861
Feb 19944,69275,94912.50$58,650
Jan 19945,48485,76012.66$69,427
Dec 19935,74186,21812.33$70,787
Nov 19935,18186,43114.49$75,073
Oct 19935,83495,23015.85$92,469
Sep 19935,76293,41215.03$86,603
Aug 19936,173100,80115.66$96,669
Jul 19936,499103,56215.46$100,475
Jun 19936,801102,63916.79$114,189
May 19937,568114,30717.68$133,802
Apr 19937,080100,90418.05$127,794
Mar 19937,985102,63618.14$144,848
Feb 19937,66998,37717.90$137,275
Jan 19938,949114,01016.93$151,507

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 1999 — as filed, then multipliedworked
Condensate            47 bbl  × $ 21.75 =     $1,022
Gas                4,553 Mcf  × $  2.62 =    $11,924

────────────────────────────────────────────────────
Month total                                  $12,946

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. 02/G/138507 is the state's own key, not one this site invented.