PINEHURST GAS UNIT

Name: PINEHURST GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY OPERATING CO., L.P. (P-5 216730) in the PINEHURST (WILCOX G) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142191District 03Field 71647300CondensateGasSave Export

Value, all time

$580 k

Jan 1993 – Jun 2004

Value, last 12 filed months

at the published price for each month

Months reported

138

no gaps in the span

Streams

condensate, gas

The PINEHURST (WILCOX G) field

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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered

1978-11-09

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1994-03-21.

The Commission's schedule remark for this field reads: “PINEHURST (WILCOX CONS.) FIELD.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	27,690 bbl	$455,671
Gas	Production	962,613 Mcf	$124,503
Total			$580,174

910,800 Mcf of this lease's gas, across 47 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 30.2047, -95.6879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20465, -95.68786 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

12,500 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 12,500 ft.

Completions filed

Mar 2024

1 of 1 wells

1 well


42-33930858	8	12,500 ft	Mar 2024	—	Yes

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 (138)

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

138 months


Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	180	17.89	2.37	$427
Jun 1999	0	240	15.94	2.36	$567
May 1999	0	285	15.79	2.32	$661
Apr 1999	0	271	15.10	2.21	$598
Mar 1999	0	258	12.47	1.84	$474
Feb 1999	0	268	9.98	1.82	$487
Jan 1999	0	249	10.38	1.90	$473
Dec 1998	0	224	9.20	1.77	$397
Nov 1998	0	141	10.89	2.19	$308
Oct 1998	0	119	12.42	1.97	$234
Sep 1998	0	131	12.59	2.08	$273
Aug 1998	0	365	11.30	1.91	$696
Jul 1998	0	908	11.74	2.24	$2,031
Jun 1998	0	1,216	11.24	2.24	$2,721
May 1998	0	366	12.62	2.21	$808
Apr 1998	0	123	13.04	2.51	$308
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	101	13.95	2.30	$232
Jan 1998	2	5	14.70	2.15	$40
Dec 1997	34	239	16.32	2.41	$1,131
Nov 1997	38	163	18.19	3.09	$1,195
Oct 1997	2	0	19.25	3.15	$39
Sep 1997	23	1,231	17.74	2.95	$4,045
Aug 1997	95	3,921	17.86	2.55	$11,714
Jul 1997	110	4,922	17.58	2.25	$12,993
Jun 1997	129	5,339	17.24	2.26	$14,275
May 1997	153	5,646	18.97	2.31	$15,936
Apr 1997	166	5,796	17.88	2.08	$15,040
Mar 1997	167	6,120	18.95	1.94	$15,032
Feb 1997	177	5,990	20.49	2.21	$16,840
Jan 1997	188	6,996	23.48	3.54	$29,178
Dec 1996	212	7,248	23.32	—	$4,944
Nov 1996	168	7,754	21.97	—	$3,691
Oct 1996	167	7,871	23.31	—	$3,893
Sep 1996	179	8,302	22.22	—	$3,977
Aug 1996	186	9,100	20.26	—	$3,768
Jul 1996	191	9,554	19.55	—	$3,734
Jun 1996	188	10,162	18.73	—	$3,521
May 1996	204	10,409	19.43	—	$3,964
Apr 1996	209	10,220	21.51	—	$4,496
Mar 1996	241	10,803	19.38	—	$4,671
Feb 1996	246	10,208	16.98	—	$4,177
Jan 1996	284	11,813	17.07	—	$4,848
Dec 1995	298	11,585	17.19	—	$5,123
Nov 1995	278	12,648	16.00	—	$4,448
Oct 1995	277	11,932	15.43	—	$4,274
Sep 1995	266	13,344	16.18	—	$4,304
Aug 1995	304	14,523	15.92	—	$4,840
Jul 1995	309	15,563	15.24	—	$4,709
Jun 1995	358	15,566	16.41	—	$5,875
May 1995	380	15,793	17.56	—	$6,673
Apr 1995	419	16,169	17.73	—	$7,429
Mar 1995	418	16,532	16.44	—	$6,872
Feb 1995	433	15,891	16.58	—	$7,179
Jan 1995	490	18,120	15.92	—	$7,801
Dec 1994	527	21,872	15.03	—	$7,921
Nov 1994	528	21,034	15.90	—	$8,395
Oct 1994	521	21,633	15.58	—	$8,117
Sep 1994	292	9,510	15.29	—	$4,465
Aug 1994	551	28,701	16.13	—	$8,888
Jul 1994	512	23,664	17.56	—	$8,991
Jun 1994	425	20,806	17.09	—	$7,263
May 1994	66	0	15.88	—	$1,048
Apr 1994	638	23,896	14.14	—	$9,021
Mar 1994	873	21,861	12.46	—	$10,878
Feb 1994	608	18,234	12.50	—	$7,600
Jan 1994	789	23,889	12.66	—	$9,989
Dec 1993	840	24,895	12.33	—	$10,357
Nov 1993	854	24,864	14.49	—	$12,374
Oct 1993	1,055	27,347	15.85	—	$16,722
Sep 1993	964	28,999	15.03	—	$14,489
Aug 1993	1,061	31,025	15.66	—	$16,615
Jul 1993	1,127	41,464	15.46	—	$17,423
Jun 1993	1,204	34,818	16.79	—	$20,215
May 1993	1,198	36,119	17.68	—	$21,181
Apr 1993	1,119	34,179	18.05	—	$20,198
Mar 1993	1,286	37,280	18.14	—	$23,328
Feb 1993	1,285	32,577	17.90	—	$23,002
Jan 1993	1,378	31,023	16.93	—	$23,330

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 1999 — as filed, then multipliedworked

Condensate             0 bbl  × $ 17.89 =         $0
Gas                  180 Mcf  × $  2.37 =       $427

────────────────────────────────────────────────────
Month total                                     $427

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. 03/G/142191 is the state's own key, not one this site invented.