PREISS UNIT

Operated by PEGASUS OPERATING, INC. (P-5 650621) in the SCHROEDER (FRIO 2830) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150601District 02Field 81559100GasSaveExport
Value, all time
$332 k
Jun 1994 – Feb 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
no gaps in the span
Streams
1
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1978-11-03
as the register files it
Field class
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 Commission's schedule remark for this field reads: CAPACITY FIELD MADE ONE WELL EFF 10/1/93

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
GasProduction229,707 Mcf$332,446
Total$332,446

115,401 Mcf of this lease's gas, across 26 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 28.8319, -97.1903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.83191, -97.19033 · 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
4,010 ft
1 wells filed one
Completion to plug
18.7 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 4,010 ft.

Completions filed
Jun 1994
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 18.7 years across the 1 well that filed both dates, with the middle half between 18.7 years and 18.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753277514,010 ftJun 1994Feb 2013Yes

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 (225)

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

225 months

Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 20054443.166.32$278
Dec 200421339.866.75$1,438
Nov 200410545.286.33$665
Oct 200439249.706.52$2,554
Sep 200411543.245.28$608
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 200290318.222.38$2,145
Jan 200294917.172.38$2,255
Dec 200175716.932.36$1,790
Nov 200190518.072.41$2,177
Oct 200188819.782.53$2,246
Sep 2001024.262.25$0
Aug 200187724.873.05$2,678
Jul 200122123.933.20$707
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 200174324.685.34$3,964
Mar 200179124.545.38$4,253
Feb 200159127.755.77$3,408
Jan 200167227.478.40$5,644
Dec 200086326.889.12$7,873
Nov 20002,39332.215.66$13,540
Oct 20001,71131.235.15$8,804
Sep 200010231.875.19$529
Aug 20002,45229.644.54$11,134
Jul 20002,71628.534.09$11,108
Jun 20002,40029.304.40$10,553
May 20003,06927.263.68$11,293
Apr 20002,56224.513.12$7,983
Mar 20003,87828.422.86$11,090
Feb 20002,74327.622.73$7,479
Jan 20002,50525.272.48$6,214
Dec 19992,73024.282.42$6,617
Nov 19994,72623.192.43$11,503
Oct 19994,88620.982.80$13,699
Sep 19993,53521.752.62$9,258
Aug 19992,29119.262.88$6,588
Jul 19992,15217.892.37$5,105
Jun 19992,37615.942.36$5,612
May 19992,55415.792.32$5,928
Apr 19991,72915.102.21$3,818
Mar 199990212.471.84$1,658
Feb 19991,2529.981.82$2,276
Jan 19991,22710.381.90$2,331
Dec 19987449.201.77$1,319
Nov 19981,14210.892.19$2,496
Oct 19981,21612.421.97$2,395
Sep 19981,34512.592.08$2,801
Aug 19981,51411.301.91$2,888
Jul 19981,55411.742.24$3,477
Jun 19981,71211.242.24$3,830
May 19982,03412.622.21$4,488
Apr 19982,25913.042.51$5,660
Mar 19982,62312.802.31$6,058
Feb 19982,32213.952.30$5,339
Jan 19982,31314.702.15$4,984
Dec 19972,38416.322.41$5,748
Nov 19972,12718.193.09$6,569
Oct 19972,12019.253.15$6,678
Sep 199785817.742.95$2,535
Aug 19971,52917.862.55$3,906
Jul 199758717.582.25$1,319
Jun 19972,12417.242.26$4,794
May 19973,45118.972.31$7,967
Apr 19972,63117.882.08$5,480
Mar 19972,91718.951.94$5,656
Feb 19972,66420.492.21$5,877
Jan 19973,21623.483.54$11,384
Dec 19963,86423.32$0
Nov 19963,69121.97$0
Oct 19964,17923.31$0
Sep 19964,80122.22$0
Aug 19964,35220.26$0
Jul 19966,38119.55$0
Jun 19962,88218.73$0
May 19966,32519.43$0
Apr 19965,11221.51$0
Mar 19965,17419.38$0
Feb 19964,57816.98$0
Jan 19963,84617.07$0
Dec 19955,49717.19$0
Nov 19955,46516.00$0
Oct 19955,04315.43$0
Sep 19955,04316.18$0
Aug 19954,94715.92$0
Jul 19955,97015.24$0
Jun 19955,33116.41$0
May 19953,54017.56$0
Apr 19954,12317.73$0
Mar 19954,63216.44$0
Feb 19953,24216.58$0
Jan 19953,06015.92$0
Dec 19943,33015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 199499317.09$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.

Jan 2005 — as filed, then multipliedworked
Gas                   44 Mcf  × $  6.32 =       $278

────────────────────────────────────────────────────
Month total                                     $278

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/150601 is the state's own key, not one this site invented.