PENWELL ENERGY VASTAR FEE

Name: PENWELL ENERGY VASTAR FEE lease production and value, Jun 1998 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 169487District 03Field 84699500CondensateGasSave

Value, all time

$17.0 M

Jun 1998 – Dec 2006

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

103

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	44,919 bbl	$992,807
Gas	Production	3,816,794 Mcf	$16,039,556
Total			$17,032,363

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⌘ 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

10,595 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


42-19932766	3-L	10,595 ft	Jun 2011	—	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 (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 2006	141	0	56.65	6.92	$7,988
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	114	60.59	8.93	$1,018
Dec 2005	0	764	54.94	13.42	$10,249
Nov 2005	0	8,875	54.69	10.59	$93,972
Oct 2005	183	9,497	58.34	13.80	$141,695
Sep 2005	0	6,112	61.45	12.08	$73,827
Aug 2005	0	8,330	61.51	9.80	$81,608
Jul 2005	174	12,412	55.69	7.84	$107,045
Jun 2005	0	11,423	52.33	7.38	$84,314
May 2005	189	15,157	45.22	6.65	$109,358
Apr 2005	0	16,509	49.20	7.36	$121,514
Mar 2005	0	18,997	50.37	7.15	$135,921
Feb 2005	0	17,833	45.22	6.31	$112,560
Jan 2005	0	15,510	43.16	6.32	$98,057
Dec 2004	353	25,468	39.86	6.75	$186,007
Nov 2004	0	23,851	45.28	6.33	$150,987
Oct 2004	0	26,688	49.70	6.52	$173,875
Sep 2004	0	32,502	43.24	5.28	$171,737
Aug 2004	178	34,833	42.37	5.55	$200,888
Jul 2004	0	35,694	38.28	6.08	$217,169
Jun 2004	182	35,180	36.10	6.43	$232,884
May 2004	0	39,851	37.48	6.49	$258,816
Apr 2004	190	42,514	34.47	5.86	$255,616
Mar 2004	198	45,907	34.36	5.53	$260,675
Feb 2004	199	44,436	32.45	5.51	$251,283
Jan 2004	0	43,805	32.03	6.30	$275,956
Dec 2003	194	28,636	30.26	6.30	$186,324
Nov 2003	0	34,156	28.80	4.60	$156,952
Oct 2003	199	34,583	28.17	4.76	$170,208
Sep 2003	357	31,960	26.31	4.75	$161,182
Aug 2003	0	34,192	29.76	5.13	$175,395
Jul 2003	0	36,718	29.41	5.17	$189,863
Jun 2003	356	37,449	28.56	5.98	$234,223
May 2003	356	41,044	26.59	5.97	$254,609
Apr 2003	359	41,565	26.67	5.41	$234,328
Mar 2003	0	45,695	31.14	6.10	$278,559
Feb 2003	180	67,955	33.48	7.93	$544,630
Jan 2003	363	48,422	30.31	5.58	$281,296
Dec 2002	362	51,497	26.91	4.85	$259,696
Nov 2002	0	49,310	24.66	4.14	$203,994
Oct 2002	360	48,344	26.46	4.23	$213,978
Sep 2002	354	49,943	27.44	3.64	$191,267
Aug 2002	0	51,915	25.96	3.16	$164,267
Jul 2002	355	53,682	24.58	3.06	$173,087
Jun 2002	360	50,621	23.73	3.34	$177,528
May 2002	355	52,242	24.66	3.58	$195,990
Apr 2002	181	50,834	23.65	3.51	$182,826
Mar 2002	720	53,770	22.00	3.10	$182,673
Feb 2002	363	49,051	18.22	2.38	$123,143
Jan 2002	364	55,153	17.17	2.38	$137,276
Dec 2001	372	57,355	16.93	2.36	$141,908
Nov 2001	359	54,296	18.07	2.41	$137,097
Oct 2001	510	51,614	19.78	2.53	$140,613
Sep 2001	713	53,468	24.26	2.25	$137,671
Aug 2001	353	55,591	24.87	3.05	$178,507
Jul 2001	699	56,223	23.93	3.20	$196,477
Jun 2001	353	51,598	24.56	3.82	$205,989
May 2001	892	56,131	25.52	4.31	$264,538
Apr 2001	356	53,982	24.68	5.34	$296,797
Mar 2001	723	58,900	24.54	5.38	$334,415
Feb 2001	360	53,835	27.75	5.77	$320,461
Jan 2001	362	51,382	27.47	8.40	$441,489
Dec 2000	1,086	57,341	26.88	9.12	$552,285
Nov 2000	719	55,432	32.21	5.66	$336,793
Oct 2000	874	56,012	31.23	5.15	$315,505
Sep 2000	896	53,410	31.87	5.19	$305,566
Aug 2000	1,065	54,562	29.64	4.54	$279,319
Jul 2000	705	54,184	28.53	4.09	$241,713
Jun 2000	1,066	51,416	29.30	4.40	$257,323
May 2000	710	46,085	27.26	3.68	$188,936
Apr 2000	716	45,707	24.51	3.12	$159,972
Mar 2000	1,076	47,543	28.42	2.86	$166,541
Feb 2000	1,071	45,328	27.62	2.73	$153,168
Jan 2000	719	48,611	25.27	2.48	$138,749
Dec 1999	1,088	48,141	24.28	2.42	$143,097
Nov 1999	1,072	46,096	23.19	2.43	$137,057
Oct 1999	1,076	47,487	20.98	2.80	$155,714
Sep 1999	1,068	47,748	21.75	2.62	$148,274
Aug 1999	1,064	47,229	19.26	2.88	$156,304
Jul 1999	1,071	45,966	17.89	2.37	$128,209
Jun 1999	1,061	46,718	15.94	2.36	$127,265
May 1999	1,067	48,877	15.79	2.32	$130,292
Apr 1999	1,072	47,788	15.10	2.21	$121,705
Mar 1999	1,433	49,146	12.47	1.84	$108,216
Feb 1999	1,084	48,240	9.98	1.82	$98,509
Jan 1999	1,434	47,127	10.38	1.90	$104,424
Dec 1998	1,073	48,665	9.20	1.77	$96,170
Nov 1998	1,432	48,288	10.89	2.19	$121,139
Oct 1998	1,077	49,616	12.42	1.97	$111,081
Sep 1998	723	47,679	12.59	2.08	$108,400
Aug 1998	1,070	50,391	11.30	1.91	$108,204
Jul 1998	1,074	51,058	11.74	2.24	$126,839
Jun 1998	0	9,529	11.24	2.24	$21,319

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 2006 — as filed, then multipliedworked

Condensate           141 bbl  × $ 56.65 =     $7,988
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $7,988

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/169487 is the state's own key, not one this site invented.