PATTESON, JESSE W.

Operated by LRE OPERATING, LLC (P-5 511727) in the PATTESON RANCH (10,750) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198698District 02Field 69690500CondensateGasSaveExport
Value, all time
$2.6 M
Feb 2003 – Nov 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1980-09-24
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: G-10 TEST REPORT FOR RECORD PURPOSES.

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
CondensateDisposition454 bbl$17,754
GasProduction383,245 Mcf$2,532,486
Total$2,550,240

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 28.1510, -98.1753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.15095, -98.17531 · 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
12,600 ft
1 wells filed one
Completion to plug
9.4 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 12,600 ft.

Completions filed
Feb 2003
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 9.4 years across the 1 well that filed both dates, with the middle half between 9.4 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29734490212,600 ftFeb 2003Jul 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 (130)

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

130 months

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 201207591.612.49$187
Apr 2012085101.652.00$170
Mar 20120131105.052.22$291
Feb 20120600101.102.57$1,542
Jan 2012069998.092.73$1,911
Dec 20115433596.873.24$6,316
Nov 201105995.723.31$195
Oct 2011035984.983.65$1,310
Sep 201101683.623.99$64
Aug 201101,35283.404.15$5,610
Jul 20110094.144.52$0
Jun 2011051692.904.64$2,394
May 201107998.134.40$348
Apr 2011025105.964.33$108
Mar 20110396.364.06$12
Feb 201103585.644.18$146
Jan 201101,71886.504.59$7,884
Dec 201004085.734.35$174
Nov 2010015380.843.80$581
Oct 2010082478.103.51$2,891
Sep 2010092972.633.98$3,697
Aug 2010053273.684.42$2,351
Jul 201004472.554.74$208
Jun 201001,37170.364.91$6,732
May 2010091071.124.24$3,854
Apr 2010084081.694.12$3,463
Mar 2010075678.394.39$3,318
Feb 201002673.585.44$142
Jan 201001,50874.365.96$8,994
Dec 2009081271.445.48$4,453
Nov 2009090574.593.75$3,395
Oct 200901,01872.544.11$4,184
Sep 200902,32065.543.06$7,110
Aug 200902,57967.423.22$8,301
Jul 200902,73561.133.46$9,475
Jun 200902,82266.163.90$10,992
May 200902,95954.743.93$11,616
Apr 200902,52346.773.59$9,051
Mar 200902,70642.144.06$10,984
Feb 200902,25532.814.63$10,447
Jan 200901,79935.865.37$9,662
Dec 200801,38537.105.98$8,278
Nov 200802,14255.496.86$14,695
Oct 20080875.246.92$55
Sep 200803,288101.767.88$25,900
Aug 200802,493114.228.48$21,148
Jul 200802,373131.0811.39$27,027
Jun 200802,502131.3313.03$32,608
May 200802,084123.1711.57$24,121
Apr 200802,104110.3110.45$21,997
Mar 200801,450101.909.66$14,013
Feb 200801,61892.538.77$14,191
Jan 20080090.388.21$0
Dec 200702,29388.337.30$16,743
Nov 200703,64591.677.29$26,578
Oct 200703,80982.856.92$26,366
Sep 200702,66875.846.24$16,659
Aug 200702,99369.066.39$19,119
Jul 200702,88970.906.39$18,455
Jun 200703,51962.007.55$26,563
May 200703,83158.747.85$30,059
Apr 200703,21759.617.81$25,109
Mar 200704,29356.927.30$31,347
Feb 200703,33955.108.22$27,433
Jan 200703,86150.306.73$25,972
Dec 2006434,86056.656.92$36,060
Nov 200604,06754.207.62$30,980
Oct 200605,15754.906.01$31,013
Sep 200602,74060.085.04$13,802
Aug 200604,05868.717.34$29,785
Jul 200603,24269.376.34$20,563
Jun 200603,30066.286.38$21,067
May 200603,65066.016.42$23,451
Apr 200603,76764.397.36$27,727
Mar 200603,67856.707.08$26,051
Feb 200604,01157.597.75$31,090
Jan 200604,12760.598.93$36,868
Dec 200504,61954.9413.42$61,966
Nov 200503,82754.6910.59$40,522
Oct 200504,25858.3413.80$58,742
Sep 200504,02861.4512.08$48,654
Aug 200504,52961.519.80$44,370
Jul 200504,86555.697.84$38,159
Jun 200503,66652.337.38$27,059
May 200504,16145.226.65$27,675
Apr 200505,36449.207.36$39,482
Mar 200505,73950.377.15$41,062
Feb 200505,14945.226.31$32,500
Jan 200505,58043.166.32$35,278
Dec 200405,74439.866.75$38,778
Nov 200406,03245.286.33$38,185
Oct 200406,93149.706.52$45,156
Sep 200405,21043.245.28$27,529
Aug 200405,18142.375.55$28,758
Jul 200406,81138.286.08$41,439
Jun 200405,32536.106.43$34,256
May 200405,02337.486.49$32,622
Apr 200409,07734.475.86$53,177
Mar 200407,78934.365.53$43,074
Feb 2004011,18832.455.51$61,642
Jan 200407,05932.036.30$44,469
Dec 20030030.266.30$0
Nov 200304128.804.60$188
Oct 200303,78128.174.76$17,996
Sep 200306,04526.314.75$28,710
Aug 20031836,13829.765.13$36,932
Jul 200305,69129.415.17$29,427
Jun 2003011,38828.565.98$68,134
May 2003014,02126.595.97$83,743
Apr 200317418,12026.675.41$102,620
Mar 2003027,70331.146.10$168,879
Feb 200305,24833.487.93$41,595

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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.61 =         $0
Gas                   75 Mcf  × $  2.49 =       $187

────────────────────────────────────────────────────
Month total                                     $187

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/198698 is the state's own key, not one this site invented.