CLEMENTS, GEORGE S.

Operated by PEGASUS OPERATING, INC. (P-5 650621) in the TEXANA (6620 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3814District 02Field 89084899OilCasinghead gasSaveExport
Value, all time
$3.1 M
Jan 1993 – Dec 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
180
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 4 leases and 7 wells, and the rule below applies to all of them.

Discovered
1964-03-04
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
OilDisposition146,477 bbl$3,067,102
Casinghead gasProduction65,700 Mcf$52,656
Total$3,119,758

43,200 Mcf of this lease's gas, across 48 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 (4)

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 28.8763, -96.5720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

28.87548, -96.57352 · 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%
4 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
6,714 ft
4 wells filed one
Completion to plug
21.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
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 6,700 and 6,758 ft, median 6,714 ft, over the 4 wells that filed a depth.

Completions filed
Jun 1972 – Jan 2022
4 of 4 wells
Plug dates filed
Aug 1986 – Feb 2006
2 of 4 wells; 2 filed none

Last completion to plug: a median of 21.5 years across the 2 wells that filed both dates, with the middle half between 16.5 years and 26.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2393082176,758 ftJan 2022Yes
42-2390196146,700 ftFeb 1975Aug 1986Yes
42-2393049666,724 ftSep 1974Feb 2006Yes
42-239035005 J6,704 ftJun 1972Yes

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 (180)

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

180 months

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 2006172066.286.38$11,400
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 2005180045.226.65$8,140
Apr 2005523049.207.36$25,732
Mar 2005510050.377.15$25,689
Feb 2005524045.226.31$23,695
Jan 2005698043.166.32$30,126
Dec 2004523039.866.75$20,847
Nov 2004512045.286.33$23,183
Oct 2004876049.706.52$43,537
Sep 2004350043.245.28$15,134
Aug 2004694042.375.55$29,405
Jul 2004521038.286.08$19,944
Jun 2004527036.106.43$19,025
May 2004519037.486.49$19,452
Apr 2004692034.475.86$23,853
Mar 2004696034.365.53$23,915
Feb 2004619032.455.51$20,087
Jan 2004688032.036.30$22,037
Dec 2003526030.266.30$15,917
Nov 2003527028.804.60$15,178
Oct 2003579028.174.76$16,310
Sep 2003756026.314.75$19,890
Aug 2003569029.765.13$16,933
Jul 2003704029.415.17$20,705
Jun 2003555028.565.98$15,851
May 2003572026.595.97$15,209
Apr 2003735026.675.41$19,602
Mar 2003468031.146.10$14,574
Feb 2003379033.487.93$12,689
Jan 2003739030.315.58$22,399
Dec 2002577026.914.85$15,527
Nov 2002769024.664.14$18,964
Oct 2002378026.464.23$10,002
Sep 2002753027.443.64$20,662
Aug 2002758025.963.16$19,678
Jul 2002568024.583.06$13,961
Jun 2002564023.733.34$13,384
May 2002925024.663.58$22,811
Apr 2002762023.653.51$18,021
Mar 2002762022.003.10$16,764
Feb 2002572018.222.38$10,422
Jan 2002735017.172.38$12,620
Dec 2001769016.932.36$13,019
Nov 2001728018.072.41$13,155
Oct 2001939019.782.53$18,573
Sep 2001934024.262.25$22,659
Aug 20011,145024.873.05$28,476
Jul 2001851023.933.20$20,364
Jun 20011,122024.563.82$27,556
May 20011,138025.524.31$29,042
Apr 20011,130024.685.34$27,888
Mar 2001943024.545.38$23,141
Feb 20011,123027.755.77$31,163
Jan 20011,139027.478.40$31,288
Dec 20001,165026.889.12$31,315
Nov 20001,167032.215.66$37,589
Oct 20001,148031.235.15$35,852
Sep 20001,148031.875.19$36,587
Aug 20001,297029.644.54$38,443
Jul 20001,336028.534.09$38,116
Jun 2000388029.304.40$11,368
May 2000557027.263.68$15,184
Apr 2000927024.513.12$22,721
Mar 2000921028.422.86$26,175
Feb 2000926027.622.73$25,576
Jan 20001,134025.272.48$28,656
Dec 1999939024.282.42$22,799
Nov 1999884023.192.43$20,500
Oct 1999935020.982.80$19,616
Sep 1999890021.752.62$19,358
Aug 19991,149019.262.88$22,130
Jul 19991,314017.892.37$23,507
Jun 19991,102015.942.36$17,566
May 19991,133015.792.32$17,890
Apr 19991,232015.102.21$18,603
Mar 19991,323012.471.84$16,498
Feb 19991,34109.981.82$13,383
Jan 199976790010.381.90$9,671
Dec 19985739009.201.77$6,868
Nov 19981,11690010.892.19$14,120
Oct 19981,10990012.421.97$15,546
Sep 199891990012.592.08$13,445
Aug 199847190011.301.91$7,039
Jul 199852490011.742.24$8,165
Jun 199890790011.242.24$12,208
May 199872290012.622.21$11,097
Apr 19981,07890013.042.51$16,312
Mar 199891190012.802.31$13,739
Feb 19981,25390013.952.30$19,549
Jan 19981,10390014.702.15$18,153
Dec 19971,26590016.322.41$22,815
Nov 19971,21690018.193.09$24,898
Oct 19971,26190019.253.15$27,109
Sep 19971,08790017.742.95$21,943
Aug 19971,07690017.862.55$21,517
Jul 19971,25790017.582.25$24,120
Jun 19971,26790017.242.26$23,875
May 19971,27090018.972.31$26,170
Apr 19971,08490017.882.08$21,256
Mar 19971,26190018.951.94$25,641
Feb 19971,09090020.492.21$24,319
Jan 19971,08990023.483.54$28,755
Dec 199634590023.32$8,045
Nov 199691390021.97$20,059
Oct 19961,32790023.31$30,932
Sep 19961,11790022.22$24,820
Aug 19961,09190020.26$22,104
Jul 199693190019.55$18,201
Jun 19961,12990018.73$21,146
May 19961,41790019.43$27,532
Apr 19961,67090021.51$35,922
Mar 19961,49590019.38$28,973
Feb 19961,11890016.98$18,984
Jan 19961,29790017.07$22,140
Dec 19951,11690017.19$19,184
Nov 199573590016.00$11,760
Oct 199557690015.43$8,888
Sep 199576190016.18$12,313
Aug 199594290015.92$14,997
Jul 199592690015.24$14,112
Jun 19951,11790016.41$18,330
May 19951,28790017.56$22,600
Apr 19951,12590017.73$19,946
Mar 199569990016.44$11,492
Feb 199571790016.58$11,888
Jan 19951,14790015.92$18,260
Dec 19941,11290015.03$16,713
Nov 19941,68390015.90$26,760
Oct 19941,13290015.58$17,637
Sep 19941,32390015.29$20,229
Aug 19941,64590016.13$26,534
Jul 19941,85490017.56$32,556
Jun 19941,69790017.09$29,002
May 19941,31790015.88$20,914
Apr 19941,11090014.14$15,695
Mar 19941,71590012.46$21,369
Feb 199476890012.50$9,600
Jan 199476290012.66$9,647
Dec 199374690012.33$9,198
Nov 19931,33690014.49$19,359
Oct 19931,15790015.85$18,338
Sep 19931,13090015.03$16,984
Aug 19931,31290015.66$20,546
Jul 19931,66690015.46$25,756
Jun 19931,64290016.79$27,569
May 19931,29490017.68$22,878
Apr 19931,64390018.05$29,656
Mar 19932,40390018.14$43,590
Feb 19931,86390017.90$33,348
Jan 19932,12090016.93$35,892

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.

Jun 2006 — as filed, then multipliedworked
Oil                  172 bbl  × $ 66.28 =    $11,400
Casinghead gas         0 Mcf  × $  6.38 =         $0

────────────────────────────────────────────────────
Month total                                  $11,400

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/3814 is the state's own key, not one this site invented.