MATCEK

Operated by PEGASUS OPERATING, INC. (P-5 650621) in the MAYO (5940) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6449District 02Field 58693867OilCasinghead gasSaveExport
Value, all time
$248 k
Jan 1993 – Apr 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
136
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1980-03-11
as the register files it
Field class
Oil and 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: ALLOCATION FORMULA EFF. 11-1-80 PER AMENDMENT TO SWR 28 & 29

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
OilDisposition13,873 bbl$248,390
Casinghead gasProduction913 Mcf$0
Total$248,390

913 Mcf of this lease's gas, across 17 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 (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 29.0033, -96.3948. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.00326, -96.39484 · 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
7,310 ft
1 wells filed one
Completion to plug
16.3 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 7,310 ft.

Completions filed
Sep 1987
1 of 1 wells
Plug dates filed
Jan 2004
1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2393146417,310 ftSep 1987Jan 2004Yes

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 (136)

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

136 months

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 2000162028.534.09$4,622
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000171028.422.86$4,860
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 199942015.942.36$669
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19995209.981.82$519
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998175010.892.19$1,906
Oct 19980012.421.97$0
Sep 1998178012.592.08$2,241
Aug 19980011.301.91$0
Jul 1998174011.742.24$2,043
Jun 19980011.242.24$0
May 1998342012.622.21$4,316
Apr 1998159013.042.51$2,073
Mar 1998169012.802.31$2,163
Feb 1998173013.952.30$2,413
Jan 1998344014.702.15$5,057
Dec 19970016.322.41$0
Nov 1997295018.193.09$5,366
Oct 1997344019.253.15$6,622
Sep 1997170017.742.95$3,016
Aug 1997338017.862.55$6,037
Jul 1997339017.582.25$5,960
Jun 1997496017.242.26$8,551
May 1997331018.972.31$6,279
Apr 1997168017.882.08$3,004
Mar 1997501018.951.94$9,494
Feb 1997341020.492.21$6,987
Jan 1997511023.483.54$11,998
Dec 1996340023.32$7,929
Nov 1996483021.97$10,612
Oct 1996340023.31$7,925
Sep 1996172022.22$3,822
Aug 1996170020.26$3,444
Jul 1996162019.55$3,167
Jun 1996164018.73$3,072
May 1996334019.43$6,490
Apr 1996333021.51$7,163
Mar 1996333019.38$6,454
Feb 1996503016.98$8,541
Jan 19960017.07$0
Dec 19950017.19$0
Nov 1995345016.00$5,520
Oct 1995171015.43$2,639
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995353015.24$5,380
Jun 1995165016.41$2,708
May 1995176017.56$3,091
Apr 1995178017.73$3,156
Mar 1995181016.44$2,976
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 1994179115.58$2,789
Sep 1994167115.29$2,553
Aug 1994344116.13$5,549
Jul 1994167117.56$2,933
Jun 1994171117.09$2,922
May 1994324115.88$5,145
Apr 1994336114.14$4,751
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940512.66$0
Dec 19930012.33$0
Nov 199316713214.49$2,420
Oct 199334076215.85$5,389
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930115.46$0
Jun 1993320116.79$5,373
May 19930117.68$0
Apr 19930118.05$0
Mar 19930118.14$0
Feb 1993163117.90$2,918
Jan 1993317116.93$5,367

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.

Jul 2000 — as filed, then multipliedworked
Oil                  162 bbl  × $ 28.53 =     $4,622
Casinghead gas         0 Mcf  × $  4.09 =         $0

────────────────────────────────────────────────────
Month total                                   $4,622

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/6449 is the state's own key, not one this site invented.