PATTON

Operated by VENTEX OPERATING CORP. (P-5 884527) in the HERNDON (3200 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229837District 02Field 40726300CondensateGasSaveExport
Value, all time
$498 k
Apr 2006 – Sep 2018
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
150
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1975-04-28
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.

StreamBasisVolumeValue
CondensateDisposition8 bbl$390
GasProduction146,426 Mcf$497,438
Total$497,828

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 28.6876, -97.4368. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.68763, -97.43681 · 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
3,800 ft
1 wells filed one
Completion to plug
4.6 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 3,800 ft.

Completions filed
Feb 2014
1 of 1 wells
Plug dates filed
Sep 2018
1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753390513,800 ftFeb 2014Sep 2018Yes

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 (150)

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

150 months

Sep 20180059.543.11$0
Aug 20180459.403.07$12
Jul 20180365.142.93$9
Jun 2018016060.183.08$492
May 201807265.382.90$209
Apr 2018033463.842.90$969
Mar 2018046461.222.79$1,293
Feb 2018050561.782.77$1,397
Jan 2018069662.874.01$2,790
Dec 2017074357.272.92$2,171
Nov 2017091255.423.12$2,844
Oct 201701,03149.292.98$3,076
Sep 2017077347.523.09$2,386
Aug 201701,15145.373.00$3,458
Jul 201701,32443.873.09$4,088
Jun 201701,59542.493.09$4,924
May 201702,11545.373.26$6,902
Apr 201702,44647.933.21$7,856
Mar 201703,43046.772.98$10,234
Feb 201704,69950.452.95$13,874
Jan 201709,57549.413.42$32,735
Dec 201686,98448.763.72$26,390
Nov 2016083842.492.64$2,216
Oct 201601,44246.193.09$4,456
Sep 201601,48241.553.10$4,595
Aug 201601,58241.442.92$4,626
Jul 201601,99241.622.92$5,825
Jun 201602,02745.352.69$5,444
May 201601,89542.521.99$3,773
Apr 201601,92836.561.99$3,839
Mar 201602,12233.011.79$3,807
Feb 201602,27426.472.06$4,693
Jan 201602,78427.352.36$6,582
Dec 201502,74332.362.00$5,490
Nov 201503,16338.792.17$6,855
Oct 201504,06943.552.43$9,874
Sep 201502,99542.992.76$8,261
Aug 201504,38040.162.87$12,582
Jul 201504,58548.152.95$13,503
Jun 201503,38956.152.88$9,770
May 201501,34255.212.96$3,966
Apr 201502,35749.822.71$6,379
Mar 201502,39342.892.93$7,023
Feb 201503,30944.662.98$9,848
Jan 201503,50843.433.10$10,877
Dec 201404,98154.693.59$17,889
Nov 201405,00670.464.25$21,285
Oct 201404,42878.303.90$17,273
Sep 201402,59686.164.05$10,502
Aug 201402,86489.394.04$11,557
Jul 201403,39396.564.18$14,181
Jun 201403,73198.164.74$17,673
May 201404,10894.734.73$19,417
Apr 201404,69495.944.81$22,574
Mar 201405,09795.895.06$25,775
Feb 201402,39897.406.19$14,848
Jan 20140090.404.86$0
Dec 20130091.824.35$0
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 20120679.822.52$15
May 201203091.612.49$75
Apr 2012018101.652.00$36
Mar 2012085105.052.22$189
Feb 20120135101.102.57$347
Jan 2012014098.092.73$383
Dec 201107896.873.24$253
Nov 2011011095.723.31$364
Oct 2011031784.983.65$1,157
Sep 2011027883.623.99$1,108
Aug 2011022383.404.15$925
Jul 2011042294.144.52$1,906
Jun 2011021992.904.64$1,016
May 2011074598.134.40$3,282
Apr 20110729105.964.33$3,159
Mar 201101,29696.364.06$5,258
Feb 2011037285.644.18$1,555
Jan 2011031286.504.59$1,432
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

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.

Aug 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.40 =         $0
Gas                    4 Mcf  × $  3.07 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/229837 is the state's own key, not one this site invented.