PIN OAK "B"

Operated by LAKE RONEL OIL COMPANY (P-5 483310) in the DUSTY ROAD (FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150856District 03Field 26796200CondensateGasSaveExport
Value, all time
$2.3 M
Jul 1994 – Jul 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
181
no gaps in the span
Streams
2
condensate, 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1994-07-20
as the register files it
Field class
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
CondensateDisposition2 bbl$47
GasProduction623,886 Mcf$2,290,884
Total$2,290,931

125,093 Mcf of this lease's gas, across 22 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 30.6697, -93.9729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66965, -93.97288 · 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
4,300 ft
1 wells filed one
Completion to plug
15.0 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 4,300 ft.

Completions filed
Jul 1994
1 of 1 wells
Plug dates filed
Jul 2009
1 of 1 wells

Last completion to plug: a median of 15.0 years across the 1 well that filed both dates, with the middle half between 15.0 years and 15.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2413057314,300 ftJul 1994Jul 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 (181)

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

181 months

Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
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 200601,83960.085.04$9,263
Aug 2006087468.717.34$6,415
Jul 200601,48069.376.34$9,387
Jun 200604,26766.286.38$27,240
May 200604,82166.016.42$30,975
Apr 200604,51464.397.36$33,225
Mar 200604,59956.707.08$32,574
Feb 200604,17157.597.75$32,330
Jan 200604,45860.598.93$39,825
Dec 200501,73954.9413.42$23,329
Nov 200504,17154.6910.59$44,164
Oct 200504,79658.3413.80$66,164
Sep 200504,61061.4512.08$55,684
Aug 200504,57561.519.80$44,821
Jul 200504,58155.697.84$35,932
Jun 200504,62152.337.38$34,108
May 200504,69545.226.65$31,227
Apr 200504,27749.207.36$31,481
Mar 200502,87150.377.15$20,542
Feb 200504,12245.226.31$26,018
Jan 200504,62543.166.32$29,240
Dec 200404,09039.866.75$27,612
Nov 200404,54145.286.33$28,746
Oct 200404,65249.706.52$30,308
Sep 200404,38943.245.28$23,191
Aug 200404,71742.375.55$26,182
Jul 200404,72338.286.08$28,736
Jun 200404,51636.106.43$29,052
May 200404,61137.486.49$29,947
Apr 200404,57634.475.86$26,808
Mar 200404,84734.365.53$26,805
Feb 200403,96032.455.51$21,818
Jan 200404,74932.036.30$29,917
Dec 200303,43230.266.30$21,627
Nov 200304,27728.804.60$19,654
Oct 200304,73028.174.76$22,513
Sep 200304,57826.314.75$21,743
Aug 200304,74129.765.13$24,320
Jul 200304,17529.415.17$21,588
Jun 200304,52728.565.98$27,085
May 200304,63526.595.97$27,683
Apr 200304,69726.675.41$25,398
Mar 200304,22731.146.10$25,768
Feb 200303,95333.487.93$31,331
Jan 200304,40130.315.58$24,567
Dec 200204,27926.914.85$20,769
Nov 200204,15624.664.14$17,193
Oct 200205,19626.464.23$21,975
Sep 200205,28027.443.64$19,194
Aug 200205,09125.963.16$16,109
Jul 200205,22024.583.06$15,982
Jun 200204,75423.733.34$15,870
May 200204,12724.663.58$14,791
Apr 200222,09023.653.51$7,388
Mar 200204,57822.003.10$14,204
Feb 200202,91818.222.38$6,932
Jan 200205,17917.172.38$12,304
Dec 200105,56716.932.36$13,163
Nov 200104,01318.072.41$9,653
Oct 200104,43519.782.53$11,216
Sep 200105,26924.262.25$11,862
Aug 200105,71024.873.05$17,434
Jul 200106,57123.933.20$21,008
Jun 200107,26324.563.82$27,775
May 200107,05825.524.31$30,401
Apr 200106,63624.685.34$35,405
Mar 200106,90424.545.38$37,119
Feb 200106,24327.755.77$36,004
Jan 200107,81827.478.40$65,662
Dec 200007,03526.889.12$64,177
Nov 200004,66532.215.66$26,395
Oct 200005,42031.235.15$27,889
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
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 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199906,00515.102.21$13,259
Mar 199906,29612.471.84$11,574
Feb 199905,6719.981.82$10,309
Jan 199906,30610.381.90$11,981
Dec 199806,3349.201.77$11,232
Nov 199805,16410.892.19$11,287
Oct 199805,81112.421.97$11,443
Sep 199805,95012.592.08$12,392
Aug 199805,80511.301.91$11,072
Jul 199805,80811.742.24$12,994
Jun 199805,37711.242.24$12,030
May 199806,11012.622.21$13,481
Apr 199805,58313.042.51$13,987
Mar 199806,03112.802.31$13,928
Feb 199806,10413.952.30$14,034
Jan 199805,90314.702.15$12,720
Dec 199706,10416.322.41$14,717
Nov 199706,02718.193.09$18,613
Oct 199706,31119.253.15$19,879
Sep 199706,05917.742.95$17,904
Aug 199706,00417.862.55$15,339
Jul 199706,25217.582.25$14,048
Jun 199706,08217.242.26$13,728
May 199706,43018.972.31$14,844
Apr 199706,14817.882.08$12,805
Mar 199706,15818.951.94$11,941
Feb 199705,56620.492.21$12,278
Jan 199706,46923.483.54$22,898
Dec 199606,24023.32$0
Nov 199605,97121.97$0
Oct 199606,22723.31$0
Sep 199605,92822.22$0
Aug 199606,15520.26$0
Jul 199605,98119.55$0
Jun 199605,92018.73$0
May 199605,78119.43$0
Apr 199605,90221.51$0
Mar 199606,15319.38$0
Feb 199605,57016.98$0
Jan 199605,86417.07$0
Dec 199505,56517.19$0
Nov 199505,42516.00$0
Oct 199505,88515.43$0
Sep 199505,09516.18$0
Aug 199505,83315.92$0
Jul 199506,14915.24$0
Jun 199505,91516.41$0
May 199506,41917.56$0
Apr 199505,09417.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 199402,02115.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0

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.

Sep 2006 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.08 =         $0
Gas                1,839 Mcf  × $  5.04 =     $9,263

────────────────────────────────────────────────────
Month total                                   $9,263

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/150856 is the state's own key, not one this site invented.