PENWELL ENERGY VASTAR FEE

Name: PENWELL ENERGY VASTAR FEE lease production and value, Aug 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PENWELL ENERGY, INC. (P-5 652943) in the SOUR LAKE EASTER (YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160267District 03Field 84699495CondensateGasSave

Value, all time

$13.7 M

Aug 1996 – Jun 2004

Value, last 12 filed months

$419 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

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	80,258 bbl	$1,546,641
Gas	Production	3,663,883 Mcf	$12,165,306
Total			$13,711,947

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 30.1908, -94.3702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.19077, -94.37019 · 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

10,880 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 10,880 ft.

Completions filed

Jun 2015

1 of 1 wells

1 well


42-19932721	1	10,880 ft	Jun 2015	—	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 (95)

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

95 months


Jun 2004	195	0	36.10	6.43	$7,040
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	1	3,326	34.36	5.53	$18,428
Feb 2004	2	4,158	32.45	5.51	$22,974
Jan 2004	2	3,205	32.03	6.30	$20,254
Dec 2003	1	6,263	30.26	6.30	$39,497
Nov 2003	180	7,897	28.80	4.60	$41,472
Oct 2003	0	7,891	28.17	4.76	$37,558
Sep 2003	352	6,119	26.31	4.75	$38,322
Aug 2003	1	15,207	29.76	5.13	$78,037
Jul 2003	0	22,336	29.41	5.17	$115,496
Jun 2003	176	24,042	28.56	5.98	$148,869
May 2003	165	26,557	26.59	5.97	$163,004
Apr 2003	377	24,396	26.67	5.41	$141,971
Mar 2003	382	30,428	31.14	6.10	$197,386
Feb 2003	0	16,327	33.48	7.93	$129,406
Jan 2003	0	22,611	30.31	5.58	$126,216
Dec 2002	581	28,437	26.91	4.85	$153,661
Nov 2002	380	34,707	24.66	4.14	$152,952
Oct 2002	188	35,412	26.46	4.23	$154,736
Sep 2002	369	26,394	27.44	3.64	$106,073
Aug 2002	0	25,984	25.96	3.16	$82,218
Jul 2002	193	2,441	24.58	3.06	$12,218
Jun 2002	0	12,837	23.73	3.34	$42,853
May 2002	752	37,770	24.66	3.58	$153,912
Apr 2002	564	39,829	23.65	3.51	$153,231
Mar 2002	384	46,654	22.00	3.10	$153,202
Feb 2002	760	48,303	18.22	2.38	$128,600
Jan 2002	754	52,414	17.17	2.38	$137,465
Dec 2001	741	53,217	16.93	2.36	$138,371
Nov 2001	733	50,539	18.07	2.41	$134,818
Oct 2001	855	53,259	19.78	2.53	$151,598
Sep 2001	743	50,947	24.26	2.25	$132,723
Aug 2001	745	52,575	24.87	3.05	$179,048
Jul 2001	748	54,592	23.93	3.20	$192,435
Jun 2001	738	50,308	24.56	3.82	$210,511
May 2001	744	53,540	25.52	4.31	$249,601
Apr 2001	1,103	51,270	24.68	5.34	$300,764
Mar 2001	731	53,278	24.54	5.38	$304,385
Feb 2001	760	49,508	27.75	5.77	$306,607
Jan 2001	747	57,092	27.47	8.40	$500,022
Dec 2000	1,135	54,122	26.88	9.12	$524,237
Nov 2000	730	51,960	32.21	5.66	$317,503
Oct 2000	1,143	54,235	31.23	5.15	$314,762
Sep 2000	1,074	53,763	31.87	5.19	$313,070
Aug 2000	1,092	56,335	29.64	4.54	$288,170
Jul 2000	921	54,756	28.53	4.09	$250,214
Jun 2000	1,079	51,820	29.30	4.40	$259,480
May 2000	730	45,355	27.26	3.68	$186,795
Apr 2000	1,109	46,890	24.51	3.12	$173,291
Mar 2000	1,105	47,704	28.42	2.86	$167,826
Feb 2000	724	45,517	27.62	2.73	$144,099
Jan 2000	1,142	47,003	25.27	2.48	$145,449
Dec 1999	1,058	47,445	24.28	2.42	$140,682
Nov 1999	1,107	45,907	23.19	2.43	$137,409
Oct 1999	1,487	48,369	20.98	2.80	$166,810
Sep 1999	707	46,816	21.75	2.62	$137,981
Aug 1999	1,472	47,831	19.26	2.88	$165,894
Jul 1999	1,126	45,720	17.89	2.37	$128,609
Jun 1999	1,087	46,442	15.94	2.36	$127,027
May 1999	1,094	48,281	15.79	2.32	$129,335
Apr 1999	1,469	46,315	15.10	2.21	$124,448
Mar 1999	1,264	48,310	12.47	1.84	$104,572
Feb 1999	1,086	47,726	9.98	1.82	$97,594
Jan 1999	1,467	46,409	10.38	1.90	$103,402
Dec 1998	1,479	48,237	9.20	1.77	$99,146
Nov 1998	1,443	48,139	10.89	2.19	$120,933
Oct 1998	1,487	48,288	12.42	1.97	$113,558
Sep 1998	1,110	45,700	12.59	2.08	$109,151
Aug 1998	1,508	48,565	11.30	1.91	$109,671
Jul 1998	1,842	39,540	11.74	2.24	$110,087
Jun 1998	1,102	52,669	11.24	2.24	$130,221
May 1998	1,856	51,294	12.62	2.21	$136,595
Apr 1998	1,504	55,565	13.04	2.51	$158,821
Mar 1998	1,871	57,350	12.80	2.31	$156,395
Feb 1998	1,818	51,722	13.95	2.30	$144,277
Jan 1998	1,856	53,409	14.70	2.15	$142,368
Dec 1997	1,858	56,774	16.32	2.41	$167,210
Nov 1997	1,420	54,860	18.19	3.09	$195,252
Oct 1997	1,880	56,278	19.25	3.15	$213,456
Sep 1997	1,646	55,423	17.74	2.95	$192,968
Aug 1997	2,003	57,969	17.86	2.55	$183,869
Jul 1997	1,885	58,336	17.58	2.25	$164,216
Jun 1997	1,876	56,282	17.24	2.26	$159,382
May 1997	749	58,587	18.97	2.31	$149,457
Apr 1997	2,089	54,240	17.88	2.08	$150,321
Mar 1997	1,899	56,760	18.95	1.94	$146,052
Feb 1997	1,522	48,901	20.49	2.21	$139,057
Jan 1997	0	31,894	23.48	3.54	$112,895
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$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.

Jun 2004 — as filed, then multipliedworked

Condensate           195 bbl  × $ 36.10 =     $7,040
Gas                    0 Mcf  × $  6.43 =         $0

────────────────────────────────────────────────────
Month total                                   $7,040

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/160267 is the state's own key, not one this site invented.