PRESTON PREISS ET AL

Operated by CORE E & P CORP. (P-5 178381) in the REICHERT (MIOCENE 1800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145927District 02Field 75708200CondensateGasSaveExport
Value, all time
$234 k
Mar 1993 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
306
no gaps in the span
Streams
2
condensate, 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1986-09-05
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition140 bbl$2,550
GasProduction185,099 Mcf$231,205
Total$233,755

96,077 Mcf of this lease's gas, across 46 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 28.8602, -97.2326. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86021, -97.23261 · 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
1,996 ft
1 wells filed one
Completion to plug
25.4 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 1,996 ft.

Completions filed
Mar 1993
1 of 1 wells
Plug dates filed
Aug 2018
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753269031,996 ftMar 1993Aug 2018Yes

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 (306)

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

306 months

Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
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 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002030025.963.16$949
Jul 2002043024.583.06$1,317
Jun 2002022723.733.34$758
May 2002022924.663.58$821
Apr 2002019323.653.51$678
Mar 2002015022.003.10$465
Feb 2002015818.222.38$375
Jan 2002011017.172.38$261
Dec 2001011816.932.36$279
Nov 2001010718.072.41$257
Oct 2001015919.782.53$402
Sep 2001082124.262.25$1,848
Aug 2001051224.873.05$1,563
Jul 2001010523.933.20$336
Jun 2001031024.563.82$1,185
May 2001033425.524.31$1,439
Apr 2001099824.685.34$5,325
Mar 2001026324.545.38$1,414
Feb 2001017027.755.77$980
Jan 2001022127.478.40$1,856
Dec 2000016226.889.12$1,478
Nov 200008732.215.66$492
Oct 2000071031.235.15$3,653
Sep 200001,32431.875.19$6,867
Aug 200001,32329.644.54$6,007
Jul 2000091628.534.09$3,746
Jun 2000041229.304.40$1,812
May 2000015827.263.68$581
Apr 2000043824.513.12$1,365
Mar 2000048628.422.86$1,390
Feb 2000028127.622.73$766
Jan 200001,07325.272.48$2,662
Dec 199903,08124.282.42$7,467
Nov 199902,60523.192.43$6,341
Oct 199902,24220.982.80$6,286
Sep 199901,36221.752.62$3,567
Aug 1999031119.262.88$894
Jul 1999080017.892.37$1,898
Jun 199901,32015.942.36$3,118
May 199901,16015.792.32$2,692
Apr 199901,06715.102.21$2,356
Mar 199901,20312.471.84$2,212
Feb 199901,5689.981.82$2,850
Jan 1999065810.381.90$1,250
Dec 199801,4019.201.77$2,484
Nov 199802,11110.892.19$4,614
Oct 199802,45312.421.97$4,830
Sep 199802,98212.592.08$6,210
Aug 199801,49211.301.91$2,846
Jul 1998040211.742.24$899
Jun 19980011.242.24$0
May 199802,18612.622.21$4,823
Apr 199801,76913.042.51$4,432
Mar 199801,82212.802.31$4,208
Feb 199802,20013.952.30$5,058
Jan 199803,17514.702.15$6,841
Dec 199702,52016.322.41$6,076
Nov 199702,18318.193.09$6,742
Oct 199773,20119.253.15$10,217
Sep 199703,06917.742.95$9,069
Aug 199703,94217.862.55$10,071
Jul 1997402,18317.582.25$5,608
Jun 199702,84417.242.26$6,419
May 1997373,16018.972.31$7,997
Apr 1997533,21917.882.08$7,652
Mar 199713,98718.951.94$7,750
Feb 199715,13120.492.21$11,339
Jan 1997192823.483.54$3,308
Dec 1996058023.32$0
Nov 1996075821.97$0
Oct 1996080023.31$0
Sep 1996077922.22$0
Aug 199601,04020.26$0
Jul 1996079519.55$0
Jun 1996070318.73$0
May 1996073719.43$0
Apr 1996076521.51$0
Mar 1996030119.38$0
Feb 1996031716.98$0
Jan 1996042717.07$0
Dec 1995051717.19$0
Nov 1995039716.00$0
Oct 1995021415.43$0
Sep 1995042016.18$0
Aug 1995022215.92$0
Jul 1995083515.24$0
Jun 1995046916.41$0
May 1995039417.56$0
Apr 1995035517.73$0
Mar 1995044016.44$0
Feb 1995020516.58$0
Jan 199501,11415.92$0
Dec 199401,88815.03$0
Nov 199401,67515.90$0
Oct 199401,15215.58$0
Sep 199401,23015.29$0
Aug 199401,71616.13$0
Jul 199403,74217.56$0
Jun 199406,61017.09$0
May 199404,26715.88$0
Apr 199402,52314.14$0
Mar 199402,27612.46$0
Feb 199403,36712.50$0
Jan 1994026912.66$0
Dec 199301,33912.33$0
Nov 199305,35014.49$0
Oct 199306,55515.85$0
Sep 199304,62515.03$0
Aug 199305,20615.66$0
Jul 199305,74215.46$0
Jun 199306,95016.79$0
May 199306,77917.68$0
Apr 199306,90118.05$0
Mar 199302,33118.14$0

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.

Aug 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 25.96 =         $0
Gas                  300 Mcf  × $  3.16 =       $949

────────────────────────────────────────────────────
Month total                                     $949

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/145927 is the state's own key, not one this site invented.