PETTUS B

Operated by WELDER EXPLORATION & PROD., INC. (P-5 907297) in the HORDES CREEK (YEGUA #3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8670District 02Field 42575568OilCasinghead gasSaveExport
Value, all time
$1.2 M
Oct 2001 – Apr 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
103
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1959-07-24
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

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
OilDisposition21,253 bbl$923,046
Casinghead gasProduction73,611 Mcf$263,936
Total$1,186,982

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 28.6851, -97.6084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.68506, -97.60835 · 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
100.0%
2 of 2 wells
Median depth
5,125 ft
2 wells filed one
Completion to plug
5.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,100 and 5,150 ft, median 5,125 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2001 – Mar 2002
2 of 2 wells
Plug dates filed
May 2004 – Nov 2009
2 of 2 wells

Last completion to plug: a median of 5.2 years across the 2 wells that filed both dates, with the middle half between 3.7 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1753341725,100 ftMar 2002May 2004Yes
42-1753337715,150 ftOct 2001Nov 2009Yes

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 (103)

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

103 months

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 200979046.773.59$3,695
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008173055.496.86$9,600
Oct 2008180075.246.92$13,543
Sep 20081790101.767.88$18,215
Aug 20081730114.228.48$19,760
Jul 20081690131.0811.39$22,153
Jun 20081680131.3313.03$22,063
May 20081640123.1711.57$20,200
Apr 20081610110.3110.45$17,760
Mar 20081620101.909.66$16,508
Feb 2008366092.538.77$33,866
Jan 2008183090.388.21$16,540
Dec 2007180088.337.30$15,899
Nov 20070091.677.29$0
Oct 2007182082.856.92$15,079
Sep 2007353075.846.24$26,772
Aug 2007174069.066.39$12,016
Jul 2007176070.906.39$12,478
Jun 2007175062.007.55$10,850
May 2007172058.747.85$10,103
Apr 2007175059.617.81$10,432
Mar 20070056.927.30$0
Feb 2007173055.108.22$9,532
Jan 2007179050.306.73$9,004
Dec 2006170056.656.92$9,631
Nov 20060054.207.62$0
Oct 2006163054.906.01$8,949
Sep 2006174060.085.04$10,454
Aug 2006170068.717.34$11,681
Jul 2006179069.376.34$12,417
Jun 2006174066.286.38$11,533
May 2006181066.016.42$11,948
Apr 2006171064.397.36$11,011
Mar 2006174056.707.08$9,866
Feb 20060057.597.75$0
Jan 2006171060.598.93$10,361
Dec 2005338054.9413.42$18,570
Nov 2005167054.6910.59$9,133
Oct 2005175058.3413.80$10,210
Sep 2005178061.4512.08$10,938
Aug 2005172061.519.80$10,580
Jul 2005177055.697.84$9,857
Jun 2005175052.337.38$9,158
May 2005182045.226.65$8,230
Apr 2005179049.207.36$8,807
Mar 2005176050.377.15$8,865
Feb 20050045.226.31$0
Jan 2005182043.166.32$7,855
Dec 2004372039.866.75$14,828
Nov 20040045.286.33$0
Oct 2004180049.706.52$8,946
Sep 2004175043.245.28$7,567
Aug 2004178042.375.55$7,542
Jul 2004359038.286.08$13,743
Jun 20040036.106.43$0
May 2004339037.486.49$12,706
Apr 2004174034.475.86$5,998
Mar 2004167034.365.53$5,738
Feb 2004181032.455.51$5,873
Jan 2004169032.036.30$5,413
Dec 200318323030.266.30$6,987
Nov 2003168028.804.60$4,838
Oct 20031791428.174.76$5,109
Sep 20031768426.314.75$5,030
Aug 200334246229.765.13$12,548
Jul 200317960029.415.17$8,367
Jun 200318099028.565.98$11,064
May 20031781,13826.595.97$11,530
Apr 200334054026.675.41$11,988
Mar 20031801,34231.146.10$13,786
Feb 20031541,31533.487.93$15,578
Jan 20033591,66930.315.58$20,198
Dec 20021771,58026.914.85$12,432
Nov 20023641,81424.664.14$16,481
Oct 20025413,45826.464.23$28,939
Sep 20028964,49927.443.64$40,941
Aug 20029023,41225.963.16$34,212
Jul 200235771924.583.06$10,976
Jun 20028977,89523.733.34$47,641
May 20027259,72624.663.58$52,736
Apr 20025427,92323.653.51$40,646
Mar 20025428,82222.003.10$39,296
Feb 20025211,92018.222.38$14,054
Jan 20026572,18117.172.38$16,462
Dec 20018302,30016.932.36$19,490
Nov 20011653,73118.072.41$11,957
Oct 20013015,24719.782.53$19,223

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.

Apr 2009 — as filed, then multipliedworked
Oil                   79 bbl  × $ 46.77 =     $3,695
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $3,695

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/8670 is the state's own key, not one this site invented.