DICKSON, PAUL

Operated by PENN VIRGINIA OIL & GAS, L.P. (P-5 651780) in the FANNETT * field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216265District 03Field 30153002CondensateGasSaveExport
Value, all time
$29.1 M
Aug 2005 – May 2009
Value, last 12 filed months
$189 k
at the published price for each month
Months reported
46
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 71 leases and 71 wells, and the rule below applies to all of them.

Discovered
1968-06-17
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT-TYPE SALT DOME FIELD.

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
CondensateDisposition68,717 bbl$4,198,920
GasProduction3,364,982 Mcf$24,897,533
Total$29,096,453

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 29.9188, -94.2882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.91882, -94.28822 · 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
9,900 ft
1 wells filed one
Completion to plug
3.6 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 9,900 ft.

Completions filed
Aug 2005
1 of 1 wells
Plug dates filed
Mar 2009
1 of 1 wells

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2453238219,900 ftAug 2005Mar 2009Yes

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 (46)

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

46 months

May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009128042.144.06$5,394
Feb 2009193032.814.63$6,332
Jan 2009084235.865.37$4,522
Dec 200812,40737.105.98$14,424
Nov 2008161,92355.496.86$14,080
Oct 200801,25475.246.92$8,680
Sep 20080403101.767.88$3,174
Aug 200813,561114.228.48$30,322
Jul 20082114,511131.0811.39$79,036
Jun 200881,654131.3313.03$22,607
May 2008112,915123.1711.57$35,094
Apr 20082098,266110.3110.45$109,475
Mar 2008126,217101.909.66$61,304
Feb 20080092.538.77$0
Jan 200879,27990.388.21$76,774
Dec 200720315,53188.337.30$131,338
Nov 200719439,22291.677.29$303,779
Oct 20071,07092,55482.856.92$729,306
Sep 20071,476119,42875.846.24$857,667
Aug 20071,332141,47669.066.39$995,728
Jul 20071,319118,57670.906.39$850,973
Jun 20071,486143,72262.007.55$1,177,010
May 20072,341156,02858.747.85$1,361,750
Apr 20072,158151,13059.617.81$1,308,238
Mar 20072,073155,83356.927.30$1,255,883
Feb 20072,224140,46355.108.22$1,276,586
Jan 20072,972156,77950.306.73$1,204,120
Dec 20063,320157,55156.656.92$1,278,085
Nov 20062,795150,15254.207.62$1,295,269
Oct 20063,618156,56154.906.01$1,140,155
Sep 20063,516154,39860.085.04$988,975
Aug 20063,314128,93068.717.34$1,174,041
Jul 20062,821128,51869.376.34$1,010,852
Jun 20063,949129,30766.286.38$1,087,220
May 20062,902136,17066.016.42$1,066,453
Apr 20063,766120,20864.397.36$1,127,281
Mar 20064,192147,20756.707.08$1,280,342
Feb 20064,654138,07157.597.75$1,338,229
Jan 20064,489150,86460.598.93$1,619,705
Dec 20054,135119,27954.9413.42$1,827,352
Nov 20051,60151,96854.6910.59$637,817
Oct 2005021,82458.3413.80$301,079
Sep 20050061.4512.08$0
Aug 20050061.519.80$0

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.

Mar 2009 — as filed, then multipliedworked
Condensate           128 bbl  × $ 42.14 =     $5,394
Gas                    0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $5,394

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/216265 is the state's own key, not one this site invented.