MACHALEC

Operated by PETRA OLEUM CORP. (P-5 659826) in the COLETTO CREEK (2800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4503District 02Field 19557376OilCasinghead gasSaveExport
Value, all time
$202 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 16 leases and 73 wells, and the rule below applies to all of them.

Discovered
1933-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
440 ft
minimum
From a lease line
220 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1986-07-07.

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
OilDisposition11,517 bbl$194,264
Casinghead gasProduction19,111 Mcf$7,568
Total$201,833

15,962 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 28.7500, -97.0715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.75046, -97.07157 · 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
100.0%
4 of 4 wells
Median depth
2,900 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 2,846 and 4,776 ft, median 2,900 ft, over the 4 wells that filed a depth.

Plug dates filed
Jul 1984 – Apr 2006
4 of 4 wells

4 wells

42-4690100272,901 ftApr 2006Yes
42-4690132122,846 ftJul 1984Yes
42-4690132254,776 ftJul 1984Yes
42-4690159862,898 ftApr 2006Yes

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 (183)

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

183 months

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 20040039.866.75$0
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 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20003027.263.68$82
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990820.982.80$22
Sep 19990021.752.62$0
Aug 1999010819.262.88$311
Jul 19999831017.892.37$2,489
Jun 1999025215.942.36$595
May 199907915.792.32$183
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19982012.421.97$25
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997164017.742.95$2,909
Aug 1997029917.862.55$764
Jul 199716829917.582.25$3,625
Jun 199715329917.242.26$3,313
May 199717129918.972.31$3,934
Apr 199716029917.882.08$3,484
Mar 199716129918.951.94$3,631
Feb 199716229920.492.21$3,979
Jan 199716129923.483.54$4,839
Dec 199616229923.32$3,778
Nov 1996029921.97$0
Oct 199616129923.31$3,753
Sep 199632429922.22$7,199
Aug 1996029920.26$0
Jul 199616629919.55$3,245
Jun 1996029918.73$0
May 199616929919.43$3,284
Apr 199616529921.51$3,549
Mar 199617029919.38$3,295
Feb 199617129916.98$2,904
Jan 1996029917.07$0
Dec 199516429917.19$2,819
Nov 199518729916.00$2,992
Oct 199532529915.43$5,015
Sep 199517129916.18$2,767
Aug 199516829915.92$2,675
Jul 199517029915.24$2,591
Jun 199534129916.41$5,596
May 199517329917.56$3,038
Apr 199517129917.73$3,032
Mar 199517129916.44$2,811
Feb 199517629916.58$2,918
Jan 199534260215.92$5,445
Dec 199417459815.03$2,615
Nov 199451534615.90$8,189
Oct 199417233015.58$2,680
Sep 1994031815.29$0
Aug 199433833916.13$5,452
Jul 199417151617.56$3,003
Jun 199434233517.09$5,845
May 199415462615.88$2,446
Apr 199432328614.14$4,567
Mar 199417237512.46$2,143
Feb 199431828412.50$3,975
Jan 199417225112.66$2,178
Dec 199325636312.33$3,156
Nov 199333835114.49$4,898
Oct 199316821015.85$2,663
Sep 199334441415.03$5,170
Aug 199333241315.66$5,199
Jul 199323827315.46$3,679
Jun 199316836316.79$2,821
May 199334538117.68$6,100
Apr 199317427318.05$3,141
Mar 199333836918.14$6,131
Feb 199318222917.90$3,258
Jan 199333324016.93$5,638

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 2000 — as filed, then multipliedworked
Oil                    3 bbl  × $ 27.26 =        $82
Casinghead gas         0 Mcf  × $  3.68 =         $0

────────────────────────────────────────────────────
Month total                                      $82

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/4503 is the state's own key, not one this site invented.