PICA INVESTMENT

Name: PICA INVESTMENT lease production and value, Jan 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by JENEX PETROLEUM CORPORATION (P-5 431135) in the SOUR LAKE, E. (YEGUA #4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159218District 03Field 84697600CondensateGasSave Export

Value, all time

$2.3 M

Jan 1996 – Mar 2018

Value, last 12 filed months

at the published price for each month

Months reported

267

no gaps in the span

Streams

condensate, gas

The SOUR LAKE, E. (YEGUA #4) 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered

1980-04-02

as the register files it

Field class

Oil and gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 10/01/2005.”

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	11,481 bbl	$548,182
Gas	Production	340,582 Mcf	$1,705,830
Total			$2,254,012

49,540 Mcf of this lease's gas, across 11 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 30.1980, -94.2973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.19803, -94.29725 · 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

100.0%

1 of 1 wells

Median depth

10,338 ft

1 wells filed one

Completion to plug

—

1 well filed both, dated out of order

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 10,338 ft.

Completions filed

Jan 1996

1 of 1 wells

Plug dates filed

Oct 1984

1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-19932161	D 1	10,338 ft	Jan 1996	Oct 1984	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 (267)

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

267 months


Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	197	46	102.52	3.72	$20,367
Jun 2013	0	65	94.40	3.93	$256
May 2013	197	69	94.83	4.15	$18,968
Apr 2013	0	89	93.96	4.28	$381
Mar 2013	0	76	93.62	3.91	$297
Feb 2013	0	81	91.23	3.42	$277
Jan 2013	197	161	91.60	3.42	$18,596
Dec 2012	197	36	86.77	3.42	$17,217
Nov 2012	0	33	86.95	3.62	$120
Oct 2012	0	34	89.38	3.40	$116
Sep 2012	0	34	94.67	2.92	$99
Aug 2012	0	35	92.66	2.91	$102
Jul 2012	0	33	85.13	3.02	$100
Jun 2012	182	35	79.82	2.52	$14,615
May 2012	0	35	91.61	2.49	$87
Apr 2012	0	39	101.65	2.00	$78
Mar 2012	0	35	105.05	2.22	$78
Feb 2012	0	44	101.10	2.57	$113
Jan 2012	177	14	98.09	2.73	$17,400
Dec 2011	0	47	96.87	3.24	$152
Nov 2011	0	39	95.72	3.31	$129
Oct 2011	0	41	84.98	3.65	$150
Sep 2011	0	41	83.62	3.99	$163
Aug 2011	0	37	83.40	4.15	$154
Jul 2011	192	35	94.14	4.52	$18,233
Jun 2011	0	37	92.90	4.64	$172
May 2011	0	48	98.13	4.40	$211
Apr 2011	0	46	105.96	4.33	$199
Mar 2011	198	51	96.36	4.06	$19,286
Feb 2011	0	100	85.64	4.18	$418
Jan 2011	0	196	86.50	4.59	$899
Dec 2010	0	156	85.73	4.35	$678
Nov 2010	0	84	80.84	3.80	$319
Oct 2010	0	483	78.10	3.51	$1,695
Sep 2010	0	286	72.63	3.98	$1,138
Aug 2010	189	627	73.68	4.42	$16,696
Jul 2010	0	808	72.55	4.74	$3,827
Jun 2010	0	648	70.36	4.91	$3,182
May 2010	0	53	71.12	4.24	$224
Apr 2010	0	256	81.69	4.12	$1,055
Mar 2010	194	874	78.39	4.39	$19,043
Feb 2010	0	295	73.58	5.44	$1,606
Jan 2010	0	35	74.36	5.96	$209
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	84	74.59	3.75	$315
Oct 2009	0	48	72.54	4.11	$197
Sep 2009	0	265	65.54	3.06	$812
Aug 2009	0	281	67.42	3.22	$904
Jul 2009	0	427	61.13	3.46	$1,479
Jun 2009	191	575	66.16	3.90	$14,876
May 2009	0	1,054	54.74	3.93	$4,138
Apr 2009	0	824	46.77	3.59	$2,956
Mar 2009	0	1,385	42.14	4.06	$5,622
Feb 2009	0	29	32.81	4.63	$134
Jan 2009	0	84	35.86	5.37	$451
Dec 2008	197	1,131	37.10	5.98	$14,069
Nov 2008	0	1,251	55.49	6.86	$8,582
Oct 2008	0	1,267	75.24	6.92	$8,770
Sep 2008	0	936	101.76	7.88	$7,373
Aug 2008	183	943	114.22	8.48	$28,902
Jul 2008	0	1,149	131.08	11.39	$13,086
Jun 2008	0	1,176	131.33	13.03	$15,326
May 2008	0	1,299	123.17	11.57	$15,035
Apr 2008	192	1,628	110.31	10.45	$38,200
Mar 2008	0	1,622	101.90	9.66	$15,675
Feb 2008	0	1,635	92.53	8.77	$14,340
Jan 2008	0	1,745	90.38	8.21	$14,319
Dec 2007	188	1,830	88.33	7.30	$29,969
Nov 2007	0	1,913	91.67	7.29	$13,949
Oct 2007	0	3,978	82.85	6.92	$27,536
Sep 2007	0	1,661	75.84	6.24	$10,372
Aug 2007	183	1,419	69.06	6.39	$21,702
Jul 2007	192	2,208	70.90	6.39	$27,717
Jun 2007	192	2,333	62.00	7.55	$29,515
May 2007	0	2,226	58.74	7.85	$17,466
Apr 2007	0	1,343	59.61	7.81	$10,482
Mar 2007	0	2,396	56.92	7.30	$17,496
Feb 2007	0	2,414	55.10	8.22	$19,833
Jan 2007	186	419	50.30	6.73	$12,174
Dec 2006	0	2,527	56.65	6.92	$17,483
Nov 2006	0	2,683	54.20	7.62	$20,438
Oct 2006	0	2,627	54.90	6.01	$15,798
Sep 2006	191	2,652	60.08	5.04	$24,834
Aug 2006	0	2,219	68.71	7.34	$16,287
Jul 2006	0	2,559	69.37	6.34	$16,231
Jun 2006	191	2,411	66.28	6.38	$28,051
May 2006	0	2,844	66.01	6.42	$18,273
Apr 2006	0	2,720	64.39	7.36	$20,021
Mar 2006	191	2,776	56.70	7.08	$30,492
Feb 2006	0	2,907	57.59	7.75	$22,533
Jan 2006	0	2,884	60.59	8.93	$25,764
Dec 2005	192	2,450	54.94	13.42	$43,416
Nov 2005	0	2,550	54.69	10.59	$27,000
Oct 2005	192	2,580	58.34	13.80	$46,794
Sep 2005	0	1,818	61.45	12.08	$21,960
Aug 2005	0	2,618	61.51	9.80	$25,648
Jul 2005	0	2,786	55.69	7.84	$21,852
Jun 2005	183	2,957	52.33	7.38	$31,402
May 2005	0	2,796	45.22	6.65	$18,597
Apr 2005	0	3,079	49.20	7.36	$22,663
Mar 2005	171	3,472	50.37	7.15	$33,455
Feb 2005	188	2,924	45.22	6.31	$26,957
Jan 2005	0	3,109	43.16	6.32	$19,656
Dec 2004	0	3,225	39.86	6.75	$21,772
Nov 2004	188	2,924	45.28	6.33	$27,023
Oct 2004	0	3,749	49.70	6.52	$24,425
Sep 2004	182	3,307	43.24	5.28	$25,344
Aug 2004	0	3,486	42.37	5.55	$19,350
Jul 2004	177	3,478	38.28	6.08	$27,936
Jun 2004	0	3,598	36.10	6.43	$23,146
May 2004	171	3,686	37.48	6.49	$30,348
Apr 2004	0	3,692	34.47	5.86	$21,629
Mar 2004	170	4,111	34.36	5.53	$28,576
Feb 2004	0	3,825	32.45	5.51	$21,074
Jan 2004	189	3,492	32.03	6.30	$28,052
Dec 2003	0	2,807	30.26	6.30	$17,689
Nov 2003	195	2,133	28.80	4.60	$15,417
Oct 2003	0	2,937	28.17	4.76	$13,979
Sep 2003	195	2,916	26.31	4.75	$18,980
Aug 2003	0	3,397	29.76	5.13	$17,426
Jul 2003	359	3,466	29.41	5.17	$28,480
Jun 2003	189	3,365	28.56	5.98	$25,531
May 2003	0	1,647	26.59	5.97	$9,837
Apr 2003	0	1,645	26.67	5.41	$8,895
Mar 2003	0	1,756	31.14	6.10	$10,705
Feb 2003	0	2	33.48	7.93	$16
Jan 2003	0	3,522	30.31	5.58	$19,660
Dec 2002	150	3,675	26.91	4.85	$21,874
Nov 2002	189	3,575	24.66	4.14	$19,450
Oct 2002	0	3,689	26.46	4.23	$15,601
Sep 2002	0	4,062	27.44	3.64	$14,766
Aug 2002	408	4,166	25.96	3.16	$23,774
Jul 2002	0	4,405	24.58	3.06	$13,487
Jun 2002	190	4,228	23.73	3.34	$18,623
May 2002	0	4,553	24.66	3.58	$16,318
Apr 2002	188	4,253	23.65	3.51	$19,384
Mar 2002	0	2,919	22.00	3.10	$9,057
Feb 2002	0	816	18.22	2.38	$1,939
Jan 2002	522	4,433	17.17	2.38	$19,494
Dec 2001	0	4,045	16.93	2.36	$9,564
Nov 2001	0	4,114	18.07	2.41	$9,896
Oct 2001	184	4,401	19.78	2.53	$14,769
Sep 2001	177	4,040	24.26	2.25	$13,389
Aug 2001	0	4,385	24.87	3.05	$13,388
Jul 2001	178	4,020	23.93	3.20	$17,112
Jun 2001	174	4,547	24.56	3.82	$21,662
May 2001	0	4,649	25.52	4.31	$20,025
Apr 2001	162	4,508	24.68	5.34	$28,050
Mar 2001	354	5,149	24.54	5.38	$36,370
Feb 2001	188	4,895	27.75	5.77	$33,447
Jan 2001	0	5,792	27.47	8.40	$48,646
Dec 2000	0	1,581	26.88	9.12	$14,423
Nov 2000	0	1,427	32.21	5.66	$8,074
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	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	10	18.95	1.94	$19
Feb 1997	0	83	20.49	2.21	$183
Jan 1997	0	213	23.48	3.54	$754
Dec 1996	0	2,608	23.32	—	$0
Nov 1996	184	4,149	21.97	—	$4,042
Oct 1996	180	4,792	23.31	—	$4,196
Sep 1996	183	5,164	22.22	—	$4,066
Aug 1996	182	5,368	20.26	—	$3,687
Jul 1996	184	5,405	19.55	—	$3,597
Jun 1996	0	6,306	18.73	—	$0
May 1996	366	6,228	19.43	—	$7,111
Apr 1996	0	6,027	21.51	—	$0
Mar 1996	0	1,091	19.38	—	$0
Feb 1996	0	2,402	16.98	—	$0
Jan 1996	0	0	17.07	—	$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.

Jul 2013 — as filed, then multipliedworked

Condensate           197 bbl  × $102.52 =    $20,196
Gas                   46 Mcf  × $  3.72 =       $171

────────────────────────────────────────────────────
Month total                                  $20,367

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/159218 is the state's own key, not one this site invented.