PHEASANT BLESSING

Operated by KEBO OIL & GAS, INC. (P-5 453170) in the PHEASANT, SW. (FRIO 10000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234209District 03Field 71127570CondensateGasSaveExport
Value, all time
$4.0 M
Jan 2008 – Mar 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
99
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1990-03-23
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: AOF-1 AND AOF-2 EFFECTIVE 07/01/2009.

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
CondensateDisposition32,757 bbl$2,883,273
GasProduction133,457 Mcf$1,091,655
Total$3,974,928

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 28.8248, -96.1988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.82475, -96.19885 · 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
12,000 ft
1 wells filed one
Completion to plug
7.1 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 12,000 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Feb 2015
1 of 1 wells

Last completion to plug: a median of 7.1 years across the 1 well that filed both dates, with the middle half between 7.1 years and 7.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32132203112,000 ftJan 2008Feb 2015Yes

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 (99)

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

99 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201469094.734.73$6,536
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20141872090.404.86$17,002
Dec 201302291.824.35$96
Nov 201302288.853.74$82
Oct 20130997.423.78$34
Sep 201319019104.113.72$19,852
Aug 2013018104.253.52$63
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201301391.603.42$44
Dec 201201186.773.42$38
Nov 201201586.953.62$54
Oct 20120989.383.40$31
Sep 201201794.672.92$50
Aug 201205392.662.91$154
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201202291.612.49$55
Apr 2012034101.652.00$68
Mar 201218043105.052.22$19,005
Feb 2012013101.102.57$33
Jan 201201098.092.73$27
Dec 20110796.873.24$23
Nov 20110995.723.31$30
Oct 20110684.983.65$22
Sep 20110783.623.99$28
Aug 20110783.404.15$29
Jul 20110394.144.52$14
Jun 20110992.904.64$42
May 201103398.134.40$145
Apr 201108105.964.33$35
Mar 20111771796.364.06$17,125
Feb 201155585.644.18$658
Jan 2011018586.504.59$849
Dec 20101675685.734.35$14,560
Nov 20105680.843.80$427
Oct 20101872378.103.51$14,685
Sep 201036827572.633.98$27,822
Aug 20104773.684.42$326
Jul 201052172.554.74$462
Jun 201016335370.364.91$13,202
May 201017554471.124.24$14,750
Apr 201019550981.694.12$18,028
Mar 201051132578.394.39$41,484
Feb 201061473.585.44$518
Jan 20101742574.365.96$13,088
Dec 200901671.445.48$88
Nov 20093501,01874.593.75$29,926
Oct 20095351,93172.544.11$46,746
Sep 20097162,41265.543.06$54,319
Aug 20095353,26867.423.22$46,588
Jul 20098892,67661.133.46$63,616
Jun 20091,2132,68766.163.90$90,718
May 20095444,00754.743.93$45,509
Apr 20095242,32546.773.59$32,848
Mar 200934053442.144.06$16,495
Feb 20095331,75632.814.63$25,623
Jan 20095551,59835.865.37$28,485
Dec 20085453,31937.105.98$40,058
Nov 20088532,96755.496.86$67,688
Oct 20083462,72675.246.92$44,902
Sep 20083432,575101.767.88$55,187
Aug 20088825,851114.228.48$150,376
Jul 20086916,731131.0811.39$167,239
Jun 20081,0557,296131.3313.03$233,639
May 20081,2356,073123.1711.57$222,406
Apr 20081,7009,114110.3110.45$282,813
Mar 20083,87612,595101.909.66$516,683
Feb 20085,63722,12592.538.77$715,641
Jan 20086,09225,00390.388.21$755,763

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.

May 2014 — as filed, then multipliedworked
Condensate            69 bbl  × $ 94.73 =     $6,536
Gas                    0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $6,536

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/234209 is the state's own key, not one this site invented.