PREISMEYER-POOLE UT 2

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the RAMSEY, E. (WILCOX 9370) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 179070District 03Field 74473430CondensateGasSaveExport
Value, all time
$3.6 M
Mar 2000 – Apr 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
146
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1996-04-22
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 10/1/04

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
CondensateDisposition15,833 bbl$572,042
GasProduction554,440 Mcf$3,006,669
Total$3,578,711

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 29.6742, -96.3629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.67416, -96.36292 · 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
11,024 ft
1 wells filed one
Completion to plug
12.1 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 11,024 ft.

Completions filed
Mar 2000
1 of 1 wells
Plug dates filed
Apr 2012
1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-08931312111,024 ftMar 2000Apr 2012Yes

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 (146)

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

146 months

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 201023073.684.42$1,695
Jul 20105172.554.74$367
Jun 20105170.364.91$357
May 20105071.124.24$356
Apr 20105081.694.12$408
Mar 2010891178.394.39$7,025
Feb 20105773.585.44$406
Jan 20104874.365.96$345
Dec 200931171.445.48$275
Nov 20094974.593.75$332
Oct 20090872.544.11$33
Sep 200901265.543.06$37
Aug 200901067.423.22$32
Jul 2009020861.133.46$721
Jun 2009044666.163.90$1,737
May 200901,35154.743.93$5,304
Apr 2009095746.773.59$3,433
Mar 200902342.144.06$93
Feb 20090032.814.63$0
Jan 20090635.865.37$32
Dec 200819158737.105.98$10,595
Nov 200802,16555.496.86$14,853
Oct 20081842,25875.246.92$29,474
Sep 200802,519101.767.88$19,842
Aug 200801,141114.228.48$9,679
Jul 200801,919131.0811.39$21,856
Jun 200801,953131.3313.03$25,453
May 200802,381123.1711.57$27,558
Apr 20081632,281110.3110.45$41,828
Mar 200802,450101.909.66$23,677
Feb 200802,42392.538.77$21,251
Jan 20081702,27990.388.21$34,065
Dec 200702,63588.337.30$19,241
Nov 200702,81891.677.29$20,548
Oct 20071782,89182.856.92$34,759
Sep 200702,85575.846.24$17,827
Aug 200702,70969.066.39$17,305
Jul 20071903,36070.906.39$34,934
Jun 200703,29462.007.55$24,865
May 200702,96358.747.85$23,249
Apr 20071803,11259.617.81$35,020
Mar 200703,23456.927.30$23,615
Feb 20071812,15555.108.22$27,679
Jan 200702,89950.306.73$19,501
Dec 20061852,07156.656.92$24,808
Nov 200603,09354.207.62$23,561
Oct 200602,96854.906.01$17,849
Sep 20061741,00760.085.04$15,526
Aug 200601,81768.717.34$13,337
Jul 200603,35769.376.34$21,293
Jun 200602,70066.286.38$17,236
May 20061873,23566.016.42$33,129
Apr 200601,64364.397.36$12,093
Mar 200619299056.707.08$17,898
Feb 2006070757.597.75$5,480
Jan 200601,46860.598.93$13,114
Dec 2005068454.9413.42$9,176
Nov 20051811,73354.6910.59$28,249
Oct 200501,98158.3413.80$27,329
Sep 20051891,95061.4512.08$35,168
Aug 20051863,64461.519.80$47,141
Jul 20051803,32455.697.84$36,096
Jun 200502,02352.337.38$14,932
May 20051841,92345.226.65$21,111
Apr 20051882,37249.207.36$26,709
Mar 20051823,01350.377.15$30,725
Feb 200502,65445.226.31$16,752
Jan 20051861,59143.166.32$18,086
Dec 200403,94639.866.75$26,640
Nov 20041953,95145.286.33$33,841
Oct 20041944,36049.706.52$38,048
Sep 20041814,67743.245.28$32,539
Aug 20041844,71642.375.55$33,973
Jul 200403,26438.286.08$19,859
Jun 20041874,13036.106.43$33,319
May 20041844,50737.486.49$36,167
Apr 200404,95234.475.86$29,011
Mar 20041904,28234.365.53$30,208
Feb 20041893,84632.455.51$27,323
Jan 20041915,91032.036.30$43,349
Dec 20031876,73530.266.30$48,100
Nov 200307,28628.804.60$33,480
Oct 20031885,95128.174.76$33,621
Sep 20031786,42626.314.75$35,203
Aug 20031876,22429.765.13$37,493
Jul 20031796,06629.415.17$36,631
Jun 20031835,49728.565.98$38,115
May 200307,16826.595.97$42,812
Apr 20031856,82426.675.41$41,833
Mar 20033787,48831.146.10$57,418
Feb 20031817,43433.487.93$64,981
Jan 20031817,62530.315.58$48,049
Dec 20021786,34826.914.85$35,602
Nov 200206,34424.664.14$26,245
Oct 20023746,17226.464.23$35,998
Sep 20021816,23527.443.64$27,632
Aug 20021783,83425.963.16$16,752
Jul 200203,83424.583.06$11,739
Jun 200206,04023.733.34$20,163
May 20021796,78324.663.58$28,724
Apr 20021806,88123.653.51$28,425
Mar 20025477,26422.003.10$34,572
Feb 20021897,42818.222.38$21,090
Jan 20023608,23517.172.38$25,745
Dec 20013619,55016.932.36$28,692
Nov 200136210,00118.072.41$30,599
Oct 200136310,51019.782.53$33,759
Sep 200117810,87624.262.25$28,804
Aug 2001180024.873.05$4,477
Jul 200117811,37123.933.20$40,614
Jun 20011899,89924.563.82$42,497
May 200136811,67925.524.31$59,697
Apr 200118110,16124.685.34$58,679
Mar 200137011,85524.545.38$72,818
Feb 200137511,68927.755.77$77,818
Jan 200137512,55927.478.40$115,781
Dec 200036013,43726.889.12$132,256
Nov 200036312,63532.215.66$83,181
Oct 200018813,62331.235.15$75,968
Sep 200036313,56031.875.19$81,898
Aug 200036113,76029.644.54$73,181
Jul 200035413,22428.534.09$64,182
Jun 200037011,31029.304.40$60,574
May 200010710,34127.263.68$40,969
Apr 200008,26024.513.12$25,738
Mar 200001,17928.422.86$3,372

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.

Aug 2010 — as filed, then multipliedworked
Condensate            23 bbl  × $ 73.68 =     $1,695
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,695

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/179070 is the state's own key, not one this site invented.