PENWELL ENERGY VASTAR FEE

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 169486District 03Field 84699495CondensateGasSave
Value, all time
$16.0 M
Jun 1998 – Dec 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
103
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
CondensateDisposition47,598 bbl$1,039,730
GasProduction3,752,306 Mcf$14,954,132
Total$15,993,862

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 30.1867, -94.3659. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.18665, -94.36588 · 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
0.0%
0 of 1 wells
Median depth
10,595 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 10,595 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-199327663-U10,595 ftJun 2011Yes

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 (103)

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

103 months

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 2005030154.9413.42$4,038
Nov 200502,91654.6910.59$30,876
Oct 200502,35758.3413.80$32,517
Sep 200502,46261.4512.08$29,739
Aug 200503,41561.519.80$33,456
Jul 200504,71255.697.84$36,959
Jun 200504,60252.337.38$33,968
May 20051628,89345.226.65$66,474
Apr 2005011,21649.207.36$82,555
Mar 2005012,26550.377.15$87,755
Feb 2005012,51945.226.31$79,019
Jan 2005024,99343.166.32$158,011
Dec 2004012,14739.866.75$82,005
Nov 200408,11445.286.33$51,365
Oct 2004014,96149.706.52$97,472
Sep 2004018,00943.245.28$95,158
Aug 20049418,99642.375.55$109,423
Jul 2004020,19838.286.08$122,888
Jun 200416719,88736.106.43$133,962
May 2004018,02637.486.49$117,071
Apr 200418316,05634.475.86$100,371
Mar 2004016,25034.365.53$89,865
Feb 200418616,81132.455.51$98,658
Jan 2004121,02632.036.30$132,488
Dec 2003019,87530.266.30$125,245
Nov 200318921,82328.804.60$105,723
Oct 2003023,12628.174.76$110,071
Sep 200319529,15726.314.75$143,608
Aug 200335531,53929.765.13$172,351
Jul 2003029,61429.415.17$153,129
Jun 200335632,52028.565.98$204,733
May 200335635,59926.595.97$222,087
Apr 2003040,67626.675.41$219,947
Mar 200335847,21131.146.10$298,948
Feb 200335872,32433.487.93$585,217
Jan 200336352,83530.315.58$305,930
Dec 200236354,81726.914.85$275,837
Nov 200236256,65124.664.14$243,290
Oct 200235859,93626.464.23$262,949
Sep 200235861,10627.443.64$231,956
Aug 200271261,63425.963.16$213,503
Jul 200235761,48724.583.06$197,034
Jun 200271561,57223.733.34$222,509
May 200271363,92924.663.58$246,704
Apr 200237362,15623.653.51$227,133
Mar 200272664,71122.003.10$216,752
Feb 200272856,81018.222.38$148,227
Jan 200269966,79317.172.38$170,681
Dec 200154363,89616.932.36$160,269
Nov 200171764,03118.072.41$166,984
Oct 200187762,29519.782.53$174,884
Sep 200171363,45124.262.25$160,146
Aug 200171265,11024.873.05$216,499
Jul 20011,07166,75023.933.20$239,034
Jun 200171562,32224.563.82$255,890
May 200153965,82725.524.31$297,293
Apr 20011,08661,45324.685.34$354,674
Mar 200172363,47524.545.38$359,012
Feb 20011,08357,29427.755.77$360,472
Jan 200172764,01227.478.40$557,592
Dec 20001,09164,22426.889.12$615,210
Nov 200071854,91732.215.66$333,847
Oct 200072158,60631.235.15$324,074
Sep 20001,07056,95131.875.19$329,477
Aug 20001,03257,89529.644.54$293,475
Jul 200071056,77628.534.09$252,456
Jun 200089953,50029.304.40$261,594
May 200071348,17027.263.68$196,690
Apr 200071347,71324.513.12$166,149
Mar 20001,07348,48628.422.86$169,153
Feb 200072145,33227.622.73$143,512
Jan 200072149,74825.272.48$141,620
Dec 199990650,36024.282.42$144,056
Nov 199971948,12623.192.43$133,812
Oct 19991,07849,14820.982.80$160,413
Sep 199971349,35121.752.62$144,751
Aug 199971048,54819.262.88$153,279
Jul 19991,07147,19917.892.37$131,134
Jun 199971348,39515.942.36$125,679
May 199988548,01415.792.32$125,416
Apr 199990447,56615.102.21$118,679
Mar 19991,10948,92812.471.84$103,775
Feb 199971948,1089.981.82$94,626
Jan 199972246,89210.381.90$96,587
Dec 19981,08549,5049.201.77$97,768
Nov 19981,08148,24810.892.19$117,229
Oct 19981,42649,26112.421.97$114,716
Sep 19981,42647,38412.592.08$116,636
Aug 19981,42950,90711.301.91$113,245
Jul 19981,42753,98211.742.24$137,525
Jun 1998011,11811.242.24$24,874

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.

Dec 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 54.94 =         $0
Gas                  301 Mcf  × $ 13.42 =     $4,038

────────────────────────────────────────────────────
Month total                                   $4,038

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/169486 is the state's own key, not one this site invented.