PENWELL ENERGY VASTAR FEE

Name: PENWELL ENERGY VASTAR FEE lease production and value, Jan 1997 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 Y-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162084District 03Field 84699500CondensateGasSave

Value, all time

$16.1 M

Jan 1997 – Sep 2004

Value, last 12 filed months

$833 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	66,062 bbl	$1,387,670
Gas	Production	4,151,314 Mcf	$14,692,704
Total			$16,080,375

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 30.1872, -94.3748. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.18723, -94.37484 · 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

11,350 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 11,350 ft.

Completions filed

Sep 2004

1 of 1 wells

1 well


42-19932739	2	11,350 ft	Sep 2004	—	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 (93)

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

93 months


Sep 2004	89	0	43.24	5.28	$3,848
Aug 2004	70	0	42.37	5.55	$2,966
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	1,756	34.47	5.86	$10,287
Mar 2004	192	10,998	34.36	5.53	$67,418
Feb 2004	184	20,545	32.45	5.51	$119,166
Jan 2004	191	22,101	32.03	6.30	$145,346
Dec 2003	392	23,610	30.26	6.30	$160,644
Nov 2003	388	29,515	28.80	4.60	$146,801
Oct 2003	383	34,740	28.17	4.76	$176,139
Sep 2003	571	32,680	26.31	4.75	$170,232
Aug 2003	667	39,691	29.76	5.13	$223,454
Jul 2003	387	38,539	29.41	5.17	$210,661
Jun 2003	344	38,487	28.56	5.98	$240,091
May 2003	359	40,656	26.59	5.97	$252,371
Apr 2003	359	40,656	26.67	5.41	$229,413
Mar 2003	342	42,921	31.14	6.10	$272,298
Feb 2003	367	43,573	33.48	7.93	$357,642
Jan 2003	181	28,346	30.31	5.58	$163,715
Dec 2002	548	43,130	26.91	4.85	$224,089
Nov 2002	364	47,844	24.66	4.14	$206,905
Oct 2002	361	57,290	26.46	4.23	$251,838
Sep 2002	718	59,677	27.44	3.64	$236,640
Aug 2002	356	60,161	25.96	3.16	$199,601
Jul 2002	716	58,646	24.58	3.06	$197,159
Jun 2002	720	59,802	23.73	3.34	$216,719
May 2002	710	61,744	24.66	3.58	$238,799
Apr 2002	721	60,131	23.65	3.51	$228,251
Mar 2002	712	62,522	22.00	3.10	$209,652
Feb 2002	727	56,049	18.22	2.38	$146,400
Jan 2002	697	61,797	17.17	2.38	$158,777
Dec 2001	724	62,363	16.93	2.36	$159,708
Nov 2001	722	64,207	18.07	2.41	$167,498
Oct 2001	723	63,084	19.78	2.53	$173,833
Sep 2001	721	61,660	24.26	2.25	$156,308
Aug 2001	1,064	64,011	24.87	3.05	$221,898
Jul 2001	716	63,011	23.93	3.20	$218,585
Jun 2001	1,079	57,286	24.56	3.82	$245,571
May 2001	905	61,692	25.52	4.31	$288,823
Apr 2001	717	62,194	24.68	5.34	$349,520
Mar 2001	1,090	61,697	24.54	5.38	$358,459
Feb 2001	1,067	57,658	27.75	5.77	$362,128
Jan 2001	733	62,224	27.47	8.40	$542,740
Dec 2000	912	60,557	26.88	9.12	$576,946
Nov 2000	727	54,773	32.21	5.66	$333,322
Oct 2000	1,089	55,904	31.23	5.15	$321,664
Sep 2000	719	53,351	31.87	5.19	$299,619
Aug 2000	1,072	55,244	29.64	4.54	$282,623
Jul 2000	714	54,448	28.53	4.09	$243,049
Jun 2000	1,077	51,696	29.30	4.40	$258,876
May 2000	721	45,760	27.26	3.68	$188,040
Apr 2000	725	46,452	24.51	3.12	$162,514
Mar 2000	723	46,582	28.42	2.86	$153,761
Feb 2000	1,085	43,519	27.62	2.73	$148,622
Jan 2000	730	48,188	25.27	2.48	$137,977
Dec 1999	726	49,155	24.28	2.42	$136,765
Nov 1999	1,080	46,294	23.19	2.43	$137,724
Oct 1999	1,072	48,793	20.98	2.80	$159,292
Sep 1999	719	47,539	21.75	2.62	$140,136
Aug 1999	1,072	47,284	19.26	2.88	$156,617
Jul 1999	708	43,455	17.89	2.37	$115,757
Jun 1999	892	46,068	15.94	2.36	$123,036
May 1999	896	48,181	15.79	2.32	$125,977
Apr 1999	900	46,757	15.10	2.21	$116,832
Mar 1999	869	47,932	12.47	1.84	$98,951
Feb 1999	725	47,016	9.98	1.82	$92,701
Jan 1999	1,086	46,215	10.38	1.90	$99,079
Dec 1998	1,081	47,372	9.20	1.77	$93,951
Nov 1998	714	48,342	10.89	2.19	$113,438
Oct 1998	1,068	48,188	12.42	1.97	$108,157
Sep 1998	714	44,248	12.59	2.08	$101,141
Aug 1998	1,075	46,724	11.30	1.91	$101,267
Jul 1998	1,263	50,350	11.74	2.24	$127,474
Jun 1998	714	50,835	11.24	2.24	$121,757
May 1998	1,079	43,302	12.62	2.21	$109,156
Apr 1998	724	45,997	13.04	2.51	$124,679
Mar 1998	1,272	48,021	12.80	2.31	$127,183
Feb 1998	727	43,324	13.95	2.30	$109,749
Jan 1998	1,074	45,581	14.70	2.15	$114,005
Dec 1997	1,075	46,134	16.32	2.41	$128,778
Nov 1997	1,081	46,647	18.19	3.09	$163,721
Oct 1997	723	48,889	19.25	3.15	$167,909
Sep 1997	1,077	47,075	17.74	2.95	$158,207
Aug 1997	1,240	47,390	17.86	2.55	$143,216
Jul 1997	1,073	47,729	17.58	2.25	$126,108
Jun 1997	1,083	46,180	17.24	2.26	$122,908
May 1997	723	45,997	18.97	2.31	$119,899
Apr 1997	1,084	46,558	17.88	2.08	$116,352
Mar 1997	1,282	46,670	18.95	1.94	$114,794
Feb 1997	0	19,643	20.49	2.21	$43,330
Jan 1997	0	261	23.48	3.54	$924

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 2004 — as filed, then multipliedworked

Condensate            89 bbl  × $ 43.24 =     $3,848
Gas                    0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $3,848

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/162084 is the state's own key, not one this site invented.