PIEPRZYCA

Operated by RINCON PETROLEUM CORPORATION (P-5 712336) in the NURSERY, S. (3400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224605District 02Field 66314555CondensateGasSaveExport
Value, all time
$2.4 M
Jan 2007 – Mar 2011
Value, last 12 filed months
$134 k
at the published price for each month
Months reported
51
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1964-08-31
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 4-1-80 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition3 bbl$111
GasProduction359,215 Mcf$2,352,871
Total$2,352,983

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 28.9189, -97.0448. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.91886, -97.04479 · 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
4,000 ft
1 wells filed one
Completion to plug
6 months
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 4,000 ft.

Completions filed
Mar 2011
1 of 1 wells
Plug dates filed
Sep 2011
1 of 1 wells

Last completion to plug: a median of 6 months across the 1 well that filed both dates, with the middle half between 6 months and 6 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-469340161 C4,000 ftMar 2011Sep 2011Yes

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 (51)

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

51 months

Mar 20110096.364.06$0
Feb 201101,70985.644.18$7,144
Jan 2011061186.504.59$2,804
Dec 2010064685.734.35$2,809
Nov 201001,10880.843.80$4,205
Oct 201001,40278.103.51$4,919
Sep 201002,55472.633.98$10,164
Aug 201003,53173.684.42$15,605
Jul 201005,04772.554.74$23,905
Jun 201003,83370.364.91$18,822
May 201005,28971.124.24$22,400
Apr 201005,13681.694.12$21,174
Mar 201005,49378.394.39$24,107
Feb 201005,78273.585.44$31,468
Jan 201007,01474.365.96$41,832
Dec 200908,29971.445.48$45,510
Nov 200907,25074.593.75$27,198
Oct 200906,04272.544.11$24,834
Sep 200906,05365.543.06$18,551
Aug 200908,13867.423.22$26,192
Jul 200904,64961.133.46$16,106
Jun 200904,23066.163.90$16,476
May 200904,96954.743.93$19,507
Apr 200906,14746.773.59$22,052
Mar 2009010,12742.144.06$41,105
Feb 200907,95732.814.63$36,865
Jan 2009011,51835.865.37$61,863
Dec 200839,76737.105.98$58,490
Nov 2008011,22655.496.86$77,014
Oct 2008010,82175.246.92$74,903
Sep 200805,095101.767.88$40,134
Aug 200804,674114.228.48$39,650
Jul 200805,375131.0811.39$61,218
Jun 200804,885131.3313.03$63,664
May 200806,370123.1711.57$73,728
Apr 200807,542110.3110.45$78,851
Mar 200808,718101.909.66$84,251
Feb 200807,81992.538.77$68,577
Jan 2008010,06790.388.21$82,607
Dec 200707,49188.337.30$54,699
Nov 200707,05891.677.29$51,465
Oct 200708,09182.856.92$56,006
Sep 200707,97575.846.24$49,797
Aug 2007010,57569.066.39$67,552
Jul 2007010,42470.906.39$66,588
Jun 200708,34362.007.55$62,977
May 2007010,49658.747.85$82,355
Apr 2007012,58859.617.81$98,252
Mar 2007018,22756.927.30$133,093
Feb 2007020,54855.108.22$168,822
Jan 2007010,50650.306.73$70,672

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.

Feb 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.64 =         $0
Gas                1,709 Mcf  × $  4.18 =     $7,144

────────────────────────────────────────────────────
Month total                                   $7,144

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/224605 is the state's own key, not one this site invented.