PRUITT UNIT

Operated by ANADARKO E&P COMPANY LP (P-5 20542) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 179857District 03Field 34733600CondensateGasSaveExport
Value, all time
$1.0 M
Jul 2000 – Nov 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
65
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
CondensateDisposition435 bbl$11,457
GasProduction155,957 Mcf$1,022,344
Total$1,033,801

Every month this lease reported (65)

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

65 months

Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020423.653.51$14
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001027918.072.41$671
Oct 2001097919.782.53$2,476
Sep 2001575924.262.25$1,830
Aug 200101,49824.873.05$4,574
Jul 2001133,15023.933.20$10,382
Jun 2001161,96024.563.82$7,888
May 20011518,15425.524.31$38,975
Apr 2001309,70624.685.34$52,525
Mar 2001010,63824.545.38$57,195
Feb 2001012,64127.755.77$72,902
Jan 200121115,75027.478.40$138,077
Dec 2000940,78826.889.12$372,330
Nov 2000045,21132.215.66$255,804
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200004,44028.534.09$18,158

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.

Apr 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.65 =         $0
Gas                    4 Mcf  × $  3.51 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/179857 is the state's own key, not one this site invented.