PINEHURST GAS UNIT

Operated by LINN OPERATING, INC. (P-5 501545) in the PINEHURST (WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154979District 03Field 71647280NGPA filingCondensateGasSaveExport
Value, all time
$553 k
Jul 1995 – Apr 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
238
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 36 leases and 36 wells, and the rule below applies to all of them.

Discovered
2004-06-08
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 40 acres. The field rule took effect on 2004-07-01.

The Commission's schedule remark for this field reads: SUSPENSION OF THE ALLOCATION FORMULA.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition24,782 bbl$448,219
GasProduction302,969 Mcf$104,879
Total$553,099

269,296 Mcf of this lease's gas, across 18 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 30.2068, -95.6919. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20685, -95.69185 · 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
11,150 ft
1 wells filed one
Completion to plug
11.1 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 11,150 ft.

Completions filed
Mar 2004
1 of 1 wells
Plug dates filed
Apr 2015
1 of 1 wells

Last completion to plug: a median of 11.1 years across the 1 well that filed both dates, with the middle half between 11.1 years and 11.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-33901052311,150 ftMar 2004Apr 2015Yes

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 (238)

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

238 months

Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
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 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 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 200515052.337.38$785
May 2005394545.226.65$2,063
Apr 2005374349.207.36$2,137
Mar 2005384450.377.15$2,229
Feb 2005353545.226.31$1,804
Jan 2005383743.166.32$1,874
Dec 200421039.866.75$837
Nov 2004134245.286.33$2,210
Oct 20045049.706.52$249
Sep 200411043.245.28$476
Aug 2004736142.375.55$2,300
Jul 200421038.286.08$804
Jun 2004514136.106.43$2,105
May 2004915437.486.49$3,761
Apr 200447034.475.86$1,620
Mar 2004163634.365.53$3,552
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030428.174.76$19
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200301129.415.17$57
Jun 2003011428.565.98$682
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 20020423.733.34$13
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020818.222.38$19
Jan 200207217.172.38$171
Dec 2001016616.932.36$392
Nov 2001120118.072.41$502
Oct 2001822819.782.53$735
Sep 20011818324.262.25$849
Aug 2001539524.873.05$1,330
Jul 20011124123.933.20$1,034
Jun 20012419124.563.82$1,320
May 20017435925.524.31$3,435
Apr 20015832924.685.34$3,187
Mar 20018021924.545.38$3,141
Feb 20018829427.755.77$4,138
Jan 20014028827.478.40$3,518
Dec 20008038326.889.12$5,644
Nov 20002640732.215.66$3,140
Oct 20007138131.235.15$4,178
Sep 20008537131.875.19$4,633
Aug 20008834529.644.54$4,175
Jul 20003029728.534.09$2,071
Jun 20003431829.304.40$2,395
May 20005334727.263.68$2,722
Apr 20007235324.513.12$2,865
Mar 2000411,57528.422.86$5,669
Feb 20008527127.622.73$3,087
Jan 20009631425.272.48$3,205
Dec 199915788624.282.42$5,959
Nov 199916232623.192.43$4,550
Oct 199933320.982.80$155
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999020217.892.37$479
Jun 1999011715.942.36$276
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199901279.981.82$231
Jan 19990010.381.90$0
Dec 1998709.201.77$64
Nov 1998413310.892.19$334
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998516211.742.24$421
Jun 19980011.242.24$0
May 1998719612.622.21$521
Apr 19981837213.042.51$1,167
Mar 19983153312.802.31$1,628
Feb 1998938913.952.30$1,020
Jan 1998131,19914.702.15$2,775
Dec 19978070516.322.41$3,005
Nov 1997351,16018.193.09$4,219
Oct 1997321,49619.253.15$5,328
Sep 19972893017.742.95$3,245
Aug 19972534017.862.55$1,315
Jul 1997251,23417.582.25$3,212
Jun 1997261,41417.242.26$3,640
May 1997411,39918.972.31$4,007
Apr 1997822,40917.882.08$6,484
Mar 19971002,13118.951.94$6,027
Feb 19971232,44920.492.21$7,923
Jan 19971543,02423.483.54$14,320
Dec 19962433,98523.32$5,667
Nov 19962223,67221.97$4,877
Oct 19962834,54823.31$6,597
Sep 19964047,30622.22$8,977
Aug 19963987,04420.26$8,063
Jul 19964038,65919.55$7,879
Jun 199655613,71218.73$10,414
May 199659314,77919.43$11,522
Apr 199664816,51721.51$13,938
Mar 199679618,07319.38$15,426
Feb 199691218,49916.98$15,486
Jan 19961,25321,55917.07$21,389
Dec 19951,63318,00417.19$28,071
Nov 19952,10220,46216.00$33,632
Oct 19953,01423,10615.43$46,506
Sep 19953,14924,88216.18$50,951
Aug 19953,35030,34415.92$53,332
Jul 19952,03014,14515.24$30,937

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.

Jun 2005 — as filed, then multipliedworked
Condensate            15 bbl  × $ 52.33 =       $785
Gas                    0 Mcf  × $  7.38 =         $0

────────────────────────────────────────────────────
Month total                                     $785

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/154979 is the state's own key, not one this site invented.