S.I.G. - VALLET

Operated by OASIS PETROLEUM, LLC (P-5 617483) in the NEEDVILLE, N. (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162945District 03Field 64795625CondensateGasSaveExport
Value, all time
$341 k
Mar 1997 – Jul 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1997-03-07
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

The Commission's schedule remark for this field reads: EXEMPT FIELD EFF 6-1-99

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
CondensateDisposition812 bbl$16,569
GasProduction119,799 Mcf$324,773
Total$341,342

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 29.4397, -95.8547. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.43971, -95.85468 · 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
6,886 ft
1 wells filed one
Completion to plug
15.9 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 6,886 ft.

Completions filed
Mar 1997
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 15.9 years across the 1 well that filed both dates, with the middle half between 15.9 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1573192516,886 ftMar 1997Feb 2013Yes

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 (221)

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

221 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
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 2008270131.0811.39$3,539
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 20050655.697.84$47
Jun 200501352.337.38$96
May 200502045.226.65$133
Apr 200501349.207.36$96
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004011839.866.75$797
Nov 200407745.286.33$487
Oct 2004011649.706.52$756
Sep 2004011343.245.28$597
Aug 200404842.375.55$266
Jul 200403738.286.08$225
Jun 2004021636.106.43$1,390
May 2004022637.486.49$1,468
Apr 2004029234.475.86$1,711
Mar 2004032934.365.53$1,819
Feb 2004023432.455.51$1,289
Jan 2004025732.036.30$1,619
Dec 2003015630.266.30$983
Nov 200309428.804.60$432
Oct 2003017228.174.76$819
Sep 2003022226.314.75$1,054
Aug 2003025629.765.13$1,313
Jul 2003026729.415.17$1,381
Jun 2003029128.565.98$1,741
May 2003015126.595.97$902
Apr 2003033626.675.41$1,817
Mar 2003019931.146.10$1,213
Feb 2003010933.487.93$864
Jan 2003030730.315.58$1,714
Dec 2002024626.914.85$1,194
Nov 2002025524.664.14$1,055
Oct 2002024826.464.23$1,049
Sep 2002029727.443.64$1,080
Aug 2002035725.963.16$1,130
Jul 2002018624.583.06$569
Jun 2002031023.733.34$1,035
May 2002026124.663.58$935
Apr 2002042823.653.51$1,503
Mar 2002065322.003.10$2,026
Feb 2002036218.222.38$860
Jan 2002041717.172.38$991
Dec 2001042516.932.36$1,005
Nov 2001039418.072.41$948
Oct 2001047319.782.53$1,196
Sep 2001057024.262.25$1,283
Aug 2001054224.873.05$1,655
Jul 2001053123.933.20$1,698
Jun 2001047124.563.82$1,801
May 2001056825.524.31$2,447
Apr 2001047724.685.34$2,545
Mar 2001040124.545.38$2,156
Feb 2001068027.755.77$3,922
Jan 2001046527.478.40$3,905
Dec 2000057126.889.12$5,209
Nov 2000036832.215.66$2,082
Oct 2000047231.235.15$2,429
Sep 2000070631.875.19$3,662
Aug 2000080629.644.54$3,660
Jul 2000087528.534.09$3,579
Jun 2000096429.304.40$4,239
May 2000098727.263.68$3,632
Apr 2000451,02224.513.12$4,288
Mar 200001,13928.422.86$3,257
Feb 200001,08227.622.73$2,950
Jan 200001,30625.272.48$3,240
Dec 199901,35824.282.42$3,291
Nov 199901,35123.192.43$3,288
Oct 199901,51820.982.80$4,256
Sep 199901,51221.752.62$3,960
Aug 19991271,62419.262.88$7,116
Jul 199901,84517.892.37$4,377
Jun 199901,92015.942.36$4,535
May 199902,07515.792.32$4,816
Apr 199902,00115.102.21$4,418
Mar 199902,20612.471.84$4,055
Feb 199902,1309.981.82$3,872
Jan 199902,45510.381.90$4,664
Dec 199802,8559.201.77$5,063
Nov 199802,80110.892.19$6,122
Oct 199802,75512.421.97$5,425
Sep 19981362,82512.592.08$7,596
Aug 199802,92511.301.91$5,579
Jul 199802,86611.742.24$6,412
Jun 199803,11011.242.24$6,958
May 199803,71212.622.21$8,190
Apr 19981833,74113.042.51$11,759
Mar 199803,89712.802.31$9,000
Feb 199803,97813.952.30$9,146
Jan 199803,68914.702.15$7,949
Dec 199703,87616.322.41$9,345
Nov 199701,50018.193.09$4,632
Oct 19971281,10119.253.15$5,932
Sep 199703,79517.742.95$11,214
Aug 199706,85417.862.55$17,510
Jul 19971667,99217.582.25$20,876
Jun 199708,30217.242.26$18,739
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997024018.951.94$465

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 2008 — as filed, then multipliedworked
Condensate            27 bbl  × $131.08 =     $3,539
Gas                    0 Mcf  × $ 11.39 =         $0

────────────────────────────────────────────────────
Month total                                   $3,539

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/162945 is the state's own key, not one this site invented.