PETTUS

Name: PETTUS lease production and value, Jun 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the CABEZA CREEK (8060) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165298District 02Field 14433979CondensateGasSave Export

Value, all time

$12.0 M

Jun 1997 – May 2005

Value, last 12 filed months

$423 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The CABEZA CREEK (8060) field

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

1997-06-05

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.

Stream	Basis	Volume	Value
Condensate	Disposition	50,111 bbl	$997,811
Gas	Production	3,263,366 Mcf	$10,986,080
Total			$11,983,890

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 28.7832, -97.5387. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78321, -97.53874 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

8,500 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 8,500 ft.

Completions filed

Feb 2010

1 of 1 wells

1 well


42-17532984	56-L	8,500 ft	Feb 2010	—	Yes

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 (96)

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

96 months


May 2005	74	0	45.22	6.65	$3,346
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	185	8,305	43.16	6.32	$60,490
Dec 2004	188	0	39.86	6.75	$7,494
Nov 2004	0	8,892	45.28	6.33	$56,290
Oct 2004	188	8,898	49.70	6.52	$67,315
Sep 2004	0	8,743	43.24	5.28	$46,197
Aug 2004	0	9,385	42.37	5.55	$52,093
Jul 2004	0	9,573	38.28	6.08	$58,244
Jun 2004	279	9,537	36.10	6.43	$71,424
May 2004	0	11,869	37.48	6.49	$77,084
Apr 2004	0	11,356	34.47	5.86	$66,529
Mar 2004	0	11,722	34.36	5.53	$64,824
Feb 2004	187	11,442	32.45	5.51	$69,109
Jan 2004	0	12,863	32.03	6.30	$81,032
Dec 2003	569	13,656	30.26	6.30	$103,273
Nov 2003	0	13,329	28.80	4.60	$61,249
Oct 2003	189	14,133	28.17	4.76	$72,592
Sep 2003	0	14,450	26.31	4.75	$68,628
Aug 2003	183	15,772	29.76	5.13	$86,352
Jul 2003	0	16,080	29.41	5.17	$83,147
Jun 2003	186	15,986	28.56	5.98	$100,956
May 2003	130	17,250	26.59	5.97	$106,485
Apr 2003	0	17,570	26.67	5.41	$95,006
Mar 2003	353	20,199	31.14	6.10	$134,126
Feb 2003	188	18,952	33.48	7.93	$156,506
Jan 2003	182	20,778	30.31	5.58	$121,500
Dec 2002	364	21,993	26.91	4.85	$116,544
Nov 2002	193	21,616	24.66	4.14	$94,184
Oct 2002	195	24,015	26.46	4.23	$106,722
Sep 2002	373	25,041	27.44	3.64	$101,264
Aug 2002	193	28,227	25.96	3.16	$94,325
Jul 2002	370	29,169	24.58	3.06	$98,403
Jun 2002	190	30,081	23.73	3.34	$104,926
May 2002	365	30,521	24.66	3.58	$118,388
Apr 2002	375	28,024	23.65	3.51	$107,298
Mar 2002	376	29,755	22.00	3.10	$100,593
Feb 2002	368	21,689	18.22	2.38	$58,231
Jan 2002	377	29,112	17.17	2.38	$75,634
Dec 2001	381	32,202	16.93	2.36	$82,589
Nov 2001	363	33,703	18.07	2.41	$87,633
Oct 2001	563	35,723	19.78	2.53	$101,475
Sep 2001	186	36,983	24.26	2.25	$87,773
Aug 2001	362	38,938	24.87	3.05	$127,887
Jul 2001	362	33,478	23.93	3.20	$115,695
Jun 2001	0	8,808	24.56	3.82	$33,683
May 2001	551	42,691	25.52	4.31	$197,945
Apr 2001	554	39,199	24.68	5.34	$222,812
Mar 2001	563	41,372	24.54	5.38	$236,250
Feb 2001	540	38,034	27.75	5.77	$234,330
Jan 2001	557	38,520	27.47	8.40	$338,821
Dec 2000	762	42,870	26.88	9.12	$411,564
Nov 2000	577	44,017	32.21	5.66	$267,633
Oct 2000	727	44,476	31.23	5.15	$251,555
Sep 2000	554	45,493	31.87	5.19	$253,605
Aug 2000	893	49,001	29.64	4.54	$248,970
Jul 2000	749	50,136	28.53	4.09	$226,413
Jun 2000	584	50,595	29.30	4.40	$239,590
May 2000	568	48,738	27.26	3.68	$194,827
Apr 2000	770	50,083	24.51	3.12	$174,931
Mar 2000	779	52,518	28.42	2.86	$172,328
Feb 2000	776	47,942	27.62	2.73	$152,147
Jan 2000	785	52,444	25.27	2.48	$149,924
Dec 1999	784	47,968	24.28	2.42	$135,297
Nov 1999	588	37,544	23.19	2.43	$105,017
Oct 1999	777	52,662	20.98	2.80	$163,950
Sep 1999	775	53,359	21.75	2.62	$156,595
Aug 1999	941	56,117	19.26	2.88	$179,494
Jul 1999	961	55,069	17.89	2.37	$147,836
Jun 1999	774	54,150	15.94	2.36	$140,245
May 1999	957	56,762	15.79	2.32	$146,857
Apr 1999	966	54,867	15.10	2.21	$135,736
Mar 1999	1,151	52,806	12.47	1.84	$111,428
Feb 1999	767	51,584	9.98	1.82	$101,424
Jan 1999	966	57,679	10.38	1.90	$119,614
Dec 1998	1,151	55,359	9.20	1.77	$108,758
Nov 1998	1,130	55,019	10.89	2.19	$132,562
Oct 1998	1,101	58,696	12.42	1.97	$129,259
Sep 1998	951	57,758	12.59	2.08	$132,261
Aug 1998	1,138	59,879	11.30	1.91	$127,070
Jul 1998	1,132	59,202	11.74	2.24	$145,741
Jun 1998	1,114	56,532	11.24	2.24	$138,999
May 1998	1,095	58,136	12.62	2.21	$142,087
Apr 1998	1,096	57,707	13.04	2.51	$158,867
Mar 1998	1,106	57,006	12.80	2.31	$145,809
Feb 1998	1,106	51,471	13.95	2.30	$133,767
Jan 1998	1,109	59,103	14.70	2.15	$143,657
Dec 1997	1,131	57,501	16.32	2.41	$157,099
Nov 1997	1,131	50,292	18.19	3.09	$175,888
Oct 1997	935	44,160	19.25	3.15	$157,095
Sep 1997	918	46,275	17.74	2.95	$153,022
Aug 1997	925	49,563	17.86	2.55	$143,141
Jul 1997	1,109	47,810	17.58	2.25	$126,922
Jun 1997	0	13,383	17.24	2.26	$30,208

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.

May 2005 — as filed, then multipliedworked

Condensate            74 bbl  × $ 45.22 =     $3,346
Gas                    0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                   $3,346

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/165298 is the state's own key, not one this site invented.