PINEHURST GAS UNIT

Name: PINEHURST GAS UNIT lease production and value, Jul 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SYDRI OPERATING, LLC (P-5 833597) 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 165220District 03Field 716472802 tax incentive programmesCondensateGasSave Export

Value, all time

$2.3 M

Jul 1997 – Oct 2018

Value, last 12 filed months

$55 k

at the published price for each month

Months reported

256

no gaps in the span

Streams

condensate, gas

The PINEHURST (WILCOX CONS.) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-06-17	163045
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	11,673 bbl	$375,697
Gas	Production	523,440 Mcf	$1,933,597
Total			$2,309,294

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 30.2093, -95.6939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20930, -95.69390 · 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

12,050 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 12,050 ft.

Completions filed

Oct 2018

1 of 1 wells

1 well


42-33930888	12	12,050 ft	Oct 2018	—	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 (256)

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

256 months


Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	2,349	59.54	3.11	$7,301
Aug 2018	0	1,893	59.40	3.07	$5,805
Jul 2018	0	2,530	65.14	2.93	$7,418
Jun 2018	0	2,153	60.18	3.08	$6,625
May 2018	0	2,590	65.38	2.90	$7,513
Apr 2018	0	1,160	63.84	2.90	$3,365
Mar 2018	0	1,304	61.22	2.79	$3,634
Feb 2018	0	1,090	61.78	2.77	$3,015
Jan 2018	0	984	62.87	4.01	$3,945
Dec 2017	0	1,010	57.27	2.92	$2,951
Nov 2017	0	1,018	55.42	3.12	$3,174
Oct 2017	0	1,150	49.29	2.98	$3,431
Sep 2017	0	1,316	47.52	3.09	$4,063
Aug 2017	0	1,459	45.37	3.00	$4,383
Jul 2017	0	2,245	43.87	3.09	$6,931
Jun 2017	0	2,088	42.49	3.09	$6,446
May 2017	4	2,075	45.37	3.26	$6,953
Apr 2017	20	1,611	47.93	3.21	$6,132
Mar 2017	0	283	46.77	2.98	$844
Feb 2017	0	206	50.45	2.95	$608
Jan 2017	0	42	49.41	3.42	$144
Dec 2016	0	236	48.76	3.72	$879
Nov 2016	0	164	42.49	2.64	$434
Oct 2016	0	156	46.19	3.09	$482
Sep 2016	0	136	41.55	3.10	$422
Aug 2016	0	68	41.44	2.92	$199
Jul 2016	0	110	41.62	2.92	$322
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	44	42.52	1.99	$88
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	251	33.01	1.79	$450
Feb 2016	0	311	26.47	2.06	$642
Jan 2016	0	546	27.35	2.36	$1,291
Dec 2015	0	680	32.36	2.00	$1,361
Nov 2015	1	948	38.79	2.17	$2,093
Oct 2015	1	303	43.55	2.43	$779
Sep 2015	3	1,004	42.99	2.76	$2,898
Aug 2015	0	1,211	40.16	2.87	$3,479
Jul 2015	0	1,280	48.15	2.95	$3,770
Jun 2015	0	2,364	56.15	2.88	$6,815
May 2015	0	1,028	55.21	2.96	$3,038
Apr 2015	0	1,555	49.82	2.71	$4,209
Mar 2015	0	1,978	42.89	2.93	$5,805
Feb 2015	0	1,103	44.66	2.98	$3,283
Jan 2015	0	1,234	43.43	3.10	$3,826
Dec 2014	4	1,718	54.69	3.59	$6,389
Nov 2014	0	1,936	70.46	4.25	$8,232
Oct 2014	0	1,889	78.30	3.90	$7,369
Sep 2014	0	1,788	86.16	4.05	$7,233
Aug 2014	0	1,754	89.39	4.04	$7,078
Jul 2014	0	1,719	96.56	4.18	$7,185
Jun 2014	0	2,173	98.16	4.74	$10,293
May 2014	3	1,794	94.73	4.73	$8,764
Apr 2014	2	1,654	95.94	4.81	$8,146
Mar 2014	0	1,298	95.89	5.06	$6,564
Feb 2014	0	1,149	97.40	6.19	$7,115
Jan 2014	0	1,166	90.40	4.86	$5,668
Dec 2013	0	1,473	91.82	4.35	$6,414
Nov 2013	0	1,353	88.85	3.74	$5,058
Oct 2013	0	1,227	97.42	3.78	$4,637
Sep 2013	2	1,246	104.11	3.72	$4,841
Aug 2013	1	1,232	104.25	3.52	$4,444
Jul 2013	0	419	102.52	3.72	$1,558
Jun 2013	0	228	94.40	3.93	$897
May 2013	0	607	94.83	4.15	$2,518
Apr 2013	0	1,461	93.96	4.28	$6,257
Mar 2013	0	1,885	93.62	3.91	$7,376
Feb 2013	0	2,644	91.23	3.42	$9,042
Jan 2013	0	1,846	91.60	3.42	$6,313
Dec 2012	0	2,258	86.77	3.42	$7,723
Nov 2012	0	1,949	86.95	3.62	$7,065
Oct 2012	0	1,366	89.38	3.40	$4,644
Sep 2012	0	820	94.67	2.92	$2,393
Aug 2012	0	836	92.66	2.91	$2,431
Jul 2012	0	986	85.13	3.02	$2,979
Jun 2012	1	1,492	79.82	2.52	$3,838
May 2012	0	783	91.61	2.49	$1,948
Apr 2012	0	1,356	101.65	2.00	$2,708
Mar 2012	2	2,303	105.05	2.22	$5,328
Feb 2012	1	2,168	101.10	2.57	$5,673
Jan 2012	1	1,814	98.09	2.73	$5,058
Dec 2011	0	2,514	96.87	3.24	$8,145
Nov 2011	0	1,882	95.72	3.31	$6,232
Oct 2011	1	1,625	84.98	3.65	$6,014
Sep 2011	4	968	83.62	3.99	$4,193
Aug 2011	3	381	83.40	4.15	$1,831
Jul 2011	4	2	94.14	4.52	$386
Jun 2011	5	3	92.90	4.64	$478
May 2011	11	243	98.13	4.40	$2,150
Apr 2011	10	469	105.96	4.33	$3,092
Mar 2011	9	632	96.36	4.06	$3,431
Feb 2011	7	180	85.64	4.18	$1,352
Jan 2011	11	98	86.50	4.59	$1,401
Dec 2010	11	161	85.73	4.35	$1,643
Nov 2010	10	227	80.84	3.80	$1,670
Oct 2010	8	438	78.10	3.51	$2,162
Sep 2010	8	653	72.63	3.98	$3,180
Aug 2010	10	1,198	73.68	4.42	$6,031
Jul 2010	11	1,203	72.55	4.74	$6,496
Jun 2010	8	1,983	70.36	4.91	$10,300
May 2010	10	2,217	71.12	4.24	$10,101
Apr 2010	33	2,454	81.69	4.12	$12,813
Mar 2010	62	2,740	78.39	4.39	$16,885
Feb 2010	45	2,452	73.58	5.44	$16,656
Jan 2010	69	3,119	74.36	5.96	$23,733
Dec 2009	45	2,668	71.44	5.48	$17,845
Nov 2009	49	2,052	74.59	3.75	$11,353
Oct 2009	48	1,552	72.54	4.11	$9,861
Sep 2009	54	2,718	65.54	3.06	$11,869
Aug 2009	90	2,304	67.42	3.22	$13,483
Jul 2009	85	1,728	61.13	3.46	$11,183
Jun 2009	90	2,881	66.16	3.90	$17,176
May 2009	100	3,148	54.74	3.93	$17,832
Apr 2009	98	2,652	46.77	3.59	$14,098
Mar 2009	76	3,006	42.14	4.06	$15,404
Feb 2009	40	3,037	32.81	4.63	$15,383
Jan 2009	36	2,346	35.86	5.37	$13,891
Dec 2008	53	1,284	37.10	5.98	$9,641
Nov 2008	97	2,003	55.49	6.86	$19,124
Oct 2008	86	2,077	75.24	6.92	$20,848
Sep 2008	39	1,623	101.76	7.88	$16,753
Aug 2008	96	2,123	114.22	8.48	$28,975
Jul 2008	108	2,611	131.08	11.39	$43,894
Jun 2008	71	2,949	131.33	13.03	$47,758
May 2008	45	3,203	123.17	11.57	$42,615
Apr 2008	55	3,984	110.31	10.45	$47,719
Mar 2008	68	2,084	101.90	9.66	$27,069
Feb 2008	15	878	92.53	8.77	$9,089
Jan 2008	42	1,268	90.38	8.21	$14,201
Dec 2007	123	3,273	88.33	7.30	$34,764
Nov 2007	91	2,673	91.67	7.29	$27,833
Oct 2007	126	2,698	82.85	6.92	$29,115
Sep 2007	134	66	75.84	6.24	$10,575
Aug 2007	87	144	69.06	6.39	$6,928
Jul 2007	9	23	70.90	6.39	$785
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	4	58.34	13.80	$55
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	449	50.37	7.15	$3,213
Feb 2005	0	356	45.22	6.31	$2,247
Jan 2005	0	370	43.16	6.32	$2,339
Dec 2004	0	592	39.86	6.75	$3,997
Nov 2004	0	730	45.28	6.33	$4,621
Oct 2004	0	805	49.70	6.52	$5,245
Sep 2004	0	32	43.24	5.28	$169
Aug 2004	0	366	42.37	5.55	$2,032
Jul 2004	0	185	38.28	6.08	$1,126
Jun 2004	0	271	36.10	6.43	$1,743
May 2004	0	203	37.48	6.49	$1,318
Apr 2004	0	307	34.47	5.86	$1,799
Mar 2004	0	190	34.36	5.53	$1,051
Feb 2004	0	226	32.45	5.51	$1,245
Jan 2004	0	292	32.03	6.30	$1,839
Dec 2003	0	312	30.26	6.30	$1,966
Nov 2003	0	424	28.80	4.60	$1,948
Oct 2003	0	389	28.17	4.76	$1,852
Sep 2003	1	129	26.31	4.75	$639
Aug 2003	15	177	29.76	5.13	$1,354
Jul 2003	31	106	29.41	5.17	$1,460
Jun 2003	46	1,668	28.56	5.98	$11,293
May 2003	64	1,753	26.59	5.97	$12,172
Apr 2003	80	1,943	26.67	5.41	$12,640
Mar 2003	74	2,188	31.14	6.10	$15,643
Feb 2003	56	2,062	33.48	7.93	$18,218
Jan 2003	65	1,473	30.31	5.58	$10,192
Dec 2002	31	1,865	26.91	4.85	$9,886
Nov 2002	38	1,599	24.66	4.14	$7,552
Oct 2002	54	2,017	26.46	4.23	$9,959
Sep 2002	37	2,462	27.44	3.64	$9,965
Aug 2002	31	928	25.96	3.16	$3,741
Jul 2002	38	406	24.58	3.06	$2,177
Jun 2002	32	1,142	23.73	3.34	$4,572
May 2002	12	1,967	24.66	3.58	$7,346
Apr 2002	22	1,662	23.65	3.51	$6,358
Mar 2002	54	1,749	22.00	3.10	$6,615
Feb 2002	68	1,547	18.22	2.38	$4,914
Jan 2002	64	1,594	17.17	2.38	$4,886
Dec 2001	91	2,101	16.93	2.36	$6,508
Nov 2001	73	2,604	18.07	2.41	$7,583
Oct 2001	45	2,786	19.78	2.53	$7,936
Sep 2001	46	2,495	24.26	2.25	$6,733
Aug 2001	18	2,570	24.87	3.05	$8,294
Jul 2001	42	3,008	23.93	3.20	$10,622
Jun 2001	14	1,620	24.56	3.82	$6,539
May 2001	45	2,551	25.52	4.31	$12,136
Apr 2001	57	2,445	24.68	5.34	$14,452
Mar 2001	43	3,001	24.54	5.38	$17,190
Feb 2001	125	2,535	27.75	5.77	$18,088
Jan 2001	118	2,905	27.47	8.40	$27,640
Dec 2000	90	3,721	26.88	9.12	$36,364
Nov 2000	138	3,852	32.21	5.66	$26,240
Oct 2000	104	3,879	31.23	5.15	$23,207
Sep 2000	90	3,960	31.87	5.19	$23,407
Aug 2000	89	3,948	29.64	4.54	$20,565
Jul 2000	104	3,949	28.53	4.09	$19,118
Jun 2000	93	4,467	29.30	4.40	$22,367
May 2000	60	4,099	27.26	3.68	$16,719
Apr 2000	62	4,661	24.51	3.12	$16,043
Mar 2000	171	5,079	28.42	2.86	$19,384
Feb 2000	229	4,742	27.62	2.73	$19,254
Jan 2000	269	5,933	25.27	2.48	$21,514
Dec 1999	242	5,968	24.28	2.42	$20,341
Nov 1999	199	7,213	23.19	2.43	$22,171
Oct 1999	50	3,293	20.98	2.80	$10,282
Sep 1999	19	3,504	21.75	2.62	$9,590
Aug 1999	3	1,673	19.26	2.88	$4,869
Jul 1999	31	2,314	17.89	2.37	$6,044
Jun 1999	233	2,656	15.94	2.36	$9,988
May 1999	256	3,100	15.79	2.32	$11,237
Apr 1999	188	3,513	15.10	2.21	$10,596
Mar 1999	39	3,826	12.47	1.84	$7,520
Feb 1999	107	4,104	9.98	1.82	$8,528
Jan 1999	121	4,439	10.38	1.90	$9,690
Dec 1998	105	4,512	9.20	1.77	$8,967
Nov 1998	142	4,556	10.89	2.19	$11,505
Oct 1998	193	5,126	12.42	1.97	$12,491
Sep 1998	169	5,557	12.59	2.08	$13,701
Aug 1998	209	6,495	11.30	1.91	$14,750
Jul 1998	199	7,211	11.74	2.24	$18,469
Jun 1998	199	7,352	11.24	2.24	$18,685
May 1998	243	8,030	12.62	2.21	$20,784
Apr 1998	339	8,383	13.04	2.51	$25,423
Mar 1998	377	9,826	12.80	2.31	$27,518
Feb 1998	192	10,386	13.95	2.30	$26,557
Jan 1998	195	10,028	14.70	2.15	$24,475
Dec 1997	347	8,822	16.32	2.41	$26,934
Nov 1997	356	11,001	18.19	3.09	$40,450
Oct 1997	320	14,221	19.25	3.15	$50,954
Sep 1997	406	14,648	17.74	2.95	$50,486
Aug 1997	513	17,359	17.86	2.55	$53,510
Jul 1997	0	10,519	17.58	2.25	$23,636

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 2018 — as filed, then multipliedworked

Condensate             0 bbl  × $ 59.54 =         $0
Gas                2,349 Mcf  × $  3.11 =     $7,301

────────────────────────────────────────────────────
Month total                                   $7,301

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/165220 is the state's own key, not one this site invented.