SCHOVAJSA, J. E. -C-

Operated by PEGASUS OPERATING, INC. (P-5 650621) in the PLACEDO (5700 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1763District 02Field 71801552OilCasinghead gasSaveExport
Value, all time
$439 k
Jan 1993 – May 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
no gaps in the span
Streams
2
oil, casinghead 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 4 wells, and the rule below applies to all of them.

Discovered
1953-01-11
as the register files it
Field class
Oil
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
OilDisposition24,431 bbl$438,933
Casinghead gasProduction44 Mcf$2
Total$438,935

43 Mcf of this lease's gas, across 43 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 28.6943, -96.8112. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.69432, -96.81119 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
5,670 ft
2 wells filed one
Completion to plug
38.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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

Between 5,515 and 5,825 ft, median 5,670 ft, over the 2 wells that filed a depth.

Completions filed
May 1972
1 of 2 wells; 1 filed none
Plug dates filed
Feb 2011
1 of 2 wells; 1 filed none

Last completion to plug: a median of 38.8 years across the 1 well that filed both dates, with the middle half between 38.8 years and 38.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-469026271 E5,825 ftYes
42-4690264585,515 ftMay 1972Feb 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 (221)

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

221 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
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
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004158039.866.75$6,298
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200256024.583.06$1,376
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 200254022.003.10$1,188
Feb 200240018.222.38$729
Jan 20020017.172.38$0
Dec 200150016.932.36$847
Nov 2001102018.072.41$1,843
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001102024.873.05$2,537
Jul 20010023.933.20$0
Jun 200195024.563.82$2,333
May 2001102025.524.31$2,603
Apr 2001113024.685.34$2,789
Mar 200199024.545.38$2,429
Feb 200199027.755.77$2,747
Jan 2001156027.478.40$4,285
Dec 2000142026.889.12$3,817
Nov 2000234032.215.66$7,537
Oct 200098031.235.15$3,061
Sep 2000100031.875.19$3,187
Aug 2000289029.644.54$8,566
Jul 2000146028.534.09$4,165
Jun 20000029.304.40$0
May 2000100027.263.68$2,726
Apr 2000156024.513.12$3,824
Mar 200083028.422.86$2,359
Feb 2000148027.622.73$4,088
Jan 2000147025.272.48$3,715
Dec 199944024.282.42$1,068
Nov 19990023.192.43$0
Oct 1999200020.982.80$4,196
Sep 19990021.752.62$0
Aug 1999160019.262.88$3,082
Jul 1999203017.892.37$3,632
Jun 1999151015.942.36$2,407
May 1999103015.792.32$1,626
Apr 1999249015.102.21$3,760
Mar 19990012.471.84$0
Feb 199910009.981.82$998
Jan 199952010.381.90$540
Dec 199820109.201.77$1,849
Nov 1998257010.892.19$2,799
Oct 1998308012.421.97$3,825
Sep 1998203012.592.08$2,556
Aug 1998204011.301.91$2,305
Jul 1998300011.742.24$3,522
Jun 1998205011.242.24$2,304
May 1998256012.622.21$3,231
Apr 1998152013.042.51$1,982
Mar 1998256012.802.31$3,277
Feb 1998304013.952.30$4,241
Jan 1998257014.702.15$3,778
Dec 1997204016.322.41$3,329
Nov 1997251018.193.09$4,566
Oct 1997302019.253.15$5,814
Sep 1997199017.742.95$3,530
Aug 1997194017.862.55$3,465
Jul 1997197017.582.25$3,463
Jun 1997153017.242.26$2,638
May 1997200018.972.31$3,794
Apr 1997351117.882.08$6,278
Mar 1997347018.951.94$6,576
Feb 1997203020.492.21$4,159
Jan 1997304023.483.54$7,138
Dec 1996411023.32$9,585
Nov 1996252121.97$5,536
Oct 1996317023.31$7,389
Sep 1996245022.22$5,444
Aug 1996257020.26$5,207
Jul 1996192019.55$3,754
Jun 1996399118.73$7,473
May 1996351119.43$6,820
Apr 1996304121.51$6,539
Mar 1996407119.38$7,888
Feb 199689116.98$1,511
Jan 1996353117.07$6,026
Dec 1995346117.19$5,948
Nov 1995149116.00$2,384
Oct 1995303115.43$4,675
Sep 1995495116.18$8,009
Aug 1995299115.92$4,760
Jul 1995343115.24$5,227
Jun 1995397116.41$6,515
May 1995345117.56$6,058
Apr 1995385117.73$6,826
Mar 1995344116.44$5,655
Feb 1995254116.58$4,211
Jan 1995336115.92$5,349
Dec 1994251115.03$3,773
Nov 1994283115.90$4,500
Oct 1994172115.58$2,680
Sep 1994248115.29$3,792
Aug 1994376116.13$6,065
Jul 1994186117.56$3,266
Jun 1994413117.09$7,058
May 1994221115.88$3,509
Apr 1994379114.14$5,359
Mar 1994131112.46$1,632
Feb 1994201112.50$2,513
Jan 1994291112.66$3,684
Dec 1993305112.33$3,761
Nov 1993244114.49$3,536
Oct 1993310115.85$4,914
Sep 1993252115.03$3,788
Aug 1993208115.66$3,257
Jul 1993312115.46$4,824
Jun 1993410116.79$6,884
May 1993369117.68$6,524
Apr 1993317118.05$5,722
Mar 1993342118.14$6,204
Feb 1993320117.90$5,728
Jan 1993378116.93$6,400

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.

Dec 2004 — as filed, then multipliedworked
Oil                  158 bbl  × $ 39.86 =     $6,298
Casinghead gas         0 Mcf  × $  6.75 =         $0

────────────────────────────────────────────────────
Month total                                   $6,298

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/O/1763 is the state's own key, not one this site invented.