DEGOLYER

Operated by PRIME OPERATING COMPANY (P-5 677770) in the POWDERHORN, SOUTH (4650) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159976District 02Field 72785300CondensateGasSave
Value, all time
$6.2 M
Jun 1996 – Jul 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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
CondensateDisposition1,258 bbl$24,833
GasProduction2,914,932 Mcf$6,158,644
Total$6,183,476

465,847 Mcf of this lease's gas, across 7 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 28.4458, -96.4607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.44581, -96.46069 · 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
6,012 ft
1 wells filed one
Completion to plug
16.1 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 6,012 ft.

Completions filed
Jun 1996
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 16.1 years across the 1 well that filed both dates, with the middle half between 16.1 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0573154026,012 ftJun 1996Jul 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 (194)

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

194 months

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 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001057419.782.53$1,452
Sep 200101,16524.262.25$2,623
Aug 2001073124.873.05$2,232
Jul 200101,02423.933.20$3,274
Jun 200101,18224.563.82$4,520
May 2001086225.524.31$3,713
Apr 200101,24724.685.34$6,653
Mar 200101,11824.545.38$6,011
Feb 200101,38327.755.77$7,976
Jan 200101,61027.478.40$13,522
Dec 200001,70826.889.12$15,581
Nov 200001,95332.215.66$11,050
Oct 200003,77431.235.15$19,419
Sep 200003,71531.875.19$19,268
Aug 20008812,94329.644.54$61,379
Jul 2000030,16728.534.09$123,375
Jun 2000030,17529.304.40$132,687
May 2000033,08827.263.68$121,756
Apr 2000132,38624.513.12$100,939
Mar 2000033,02928.422.86$94,455
Feb 2000041,01127.622.73$111,816
Jan 200010945,18625.272.48$114,838
Dec 1999047,81024.282.42$115,878
Nov 1999048,79923.192.43$118,776
Oct 1999052,85620.982.80$148,193
Sep 1999051,25821.752.62$134,237
Aug 1999047,61219.262.88$136,913
Jul 1999042,03317.892.37$99,718
Jun 199911134,37315.942.36$82,962
May 1999121,63915.792.32$50,240
Apr 1999135,44215.102.21$78,273
Mar 1999036,40512.471.84$66,924
Feb 1999035,7689.981.82$65,019
Jan 1999050,41310.381.90$95,782
Dec 1998052,2209.201.77$92,603
Nov 1998044,08710.892.19$96,362
Oct 1998034,17312.421.97$67,294
Sep 1998045,08412.592.08$93,893
Aug 199812352,16811.301.91$100,893
Jul 1998059,84511.742.24$133,889
Jun 1998061,26711.242.24$137,071
May 1998064,41012.622.21$142,110
Apr 1998064,62613.042.51$161,909
Mar 1998070,41312.802.31$162,615
Feb 199813965,33313.952.30$152,148
Jan 1998077,78414.702.15$167,608
Dec 1997076,22016.322.41$183,774
Nov 1997077,85118.193.09$240,424
Oct 199714481,47019.253.15$259,388
Sep 1997083,40517.742.95$246,452
Aug 1997074,55917.862.55$190,479
Jul 1997082,36917.582.25$185,078
Jun 1997082,43517.242.26$186,072
May 199715186,83618.972.31$203,325
Apr 1997086,34317.882.08$179,833
Mar 1997089,28018.951.94$173,126
Feb 199714669,49820.492.21$156,297
Jan 1997082,97023.483.54$293,689
Dec 19966084,00823.32$1,399
Nov 1996065,37621.97$0
Oct 199618487,41023.31$4,289
Sep 1996084,68722.22$0
Aug 1996079,46520.26$0
Jul 1996060,92119.55$0
Jun 199603,98018.73$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.

Oct 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 19.78 =         $0
Gas                  574 Mcf  × $  2.53 =     $1,452

────────────────────────────────────────────────────
Month total                                   $1,452

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/159976 is the state's own key, not one this site invented.