LAS PIEDRAS RANCH

Operated by RINCON PETROLEUM CORPORATION (P-5 712336) in the JENNIE BELL (WILCOX 11500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235625District 02Field 46166180CondensateGasSaveExport
Value, all time
$541 k
Aug 2007 – Jun 2012
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
59
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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered
1987-04-28
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

The Commission's schedule remark for this field reads: FIELD TYPE CHANGED TO CAPACITY EFFECTIVE 4-1-05.

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
CondensateDisposition998 bbl$79,822
GasProduction73,574 Mcf$460,899
Total$540,721

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 29.0319, -97.1451. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03189, -97.14513 · 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
13,300 ft
1 wells filed one
Completion to plug
4.8 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 13,300 ft.

Completions filed
Aug 2007
1 of 1 wells
Plug dates filed
May 2012
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12332139113,300 ftAug 2007May 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 (59)

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

59 months

Jun 20120079.822.52$0
May 2012013791.612.49$341
Apr 201287393101.652.00$9,628
Mar 201201,089105.052.22$2,420
Feb 20120618101.102.57$1,588
Jan 2012055198.092.73$1,506
Dec 2011158596.873.24$1,992
Nov 2011077595.723.31$2,566
Oct 2011043184.983.65$1,573
Sep 2011084183.623.99$3,352
Aug 2011092683.404.15$3,842
Jul 2011049694.144.52$2,241
Jun 2011036792.904.64$1,703
May 2011083998.134.40$3,696
Apr 20111591,033105.964.33$21,324
Mar 2011039396.364.06$1,595
Feb 20110085.644.18$0
Jan 2011171186.504.59$3,349
Dec 2010040585.734.35$1,761
Nov 2010046180.843.80$1,750
Oct 2010049678.103.51$1,740
Sep 2010064272.633.98$2,555
Aug 2010045273.684.42$1,998
Jul 2010045272.554.74$2,141
Jun 2010053970.364.91$2,647
May 201035351671.124.24$27,291
Apr 2010062481.694.12$2,573
Mar 2010048778.394.39$2,137
Feb 2010061173.585.44$3,325
Jan 2010278574.365.96$4,831
Dec 2009050471.445.48$2,764
Nov 2009044474.593.75$1,666
Oct 2009072872.544.11$2,992
Sep 2009052365.543.06$1,603
Aug 2009089567.423.22$2,881
Jul 2009075861.133.46$2,626
Jun 200901,09766.163.90$4,273
May 200901,40054.743.93$5,496
Apr 2009090246.773.59$3,236
Mar 200941,74442.144.06$7,247
Feb 20091811,65032.814.63$13,583
Jan 200921,90735.865.37$10,314
Dec 2008031537.105.98$1,883
Nov 20080055.496.86$0
Oct 200802975.246.92$201
Sep 20081739101.767.88$5,923
Aug 200811,261114.228.48$10,811
Jul 200811,620131.0811.39$18,582
Jun 200801,441131.3313.03$18,780
May 200811,797123.1711.57$20,922
Apr 20081841,007110.3110.45$30,825
Mar 200821,786101.909.66$17,464
Feb 200851,99792.538.77$17,978
Jan 200802,64690.388.21$21,712
Dec 200773,06788.337.30$23,013
Nov 200703,25091.677.29$23,698
Oct 200727,15582.856.92$49,692
Sep 200737,32175.846.24$45,941
Aug 200718,93669.066.39$57,152

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                  137 Mcf  × $  2.49 =       $341

────────────────────────────────────────────────────
Month total                                     $341

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/235625 is the state's own key, not one this site invented.