CRANEK, L. V.

Operated by PALMER PETROLEUM INC. (P-5 636222) in the ENGLEHART (6230) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 78097District 03Field 29110850CondensateGasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jun 2005
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
150
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1978-08-10
as the register files it
Field class
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 40 acres.

The Commission's schedule remark for this field reads: ORDER #3-73120.

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
CondensateDisposition2,131 bbl$39,974
GasProduction621,462 Mcf$1,061,840
Total$1,101,814

315,122 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.4797, -96.4256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.47971, -96.42561 · 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
6,418 ft
1 wells filed one
Completion to plug
3.9 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 6,418 ft.

Completions filed
Jun 2005
1 of 1 wells
Plug dates filed
May 2009
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0893047726,418 ftJun 2005May 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 (150)

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

150 months

Jun 20050052.337.38$0
May 200501,27345.226.65$8,467
Apr 200501,11149.207.36$8,177
Mar 2005081950.377.15$5,860
Feb 2005049445.226.31$3,118
Jan 200501,81243.166.32$11,456
Dec 200401,54239.866.75$10,410
Nov 200401,69345.286.33$10,717
Oct 200401,71249.706.52$11,154
Sep 2004094343.245.28$4,983
Aug 200401,57142.375.55$8,720
Jul 2004080338.286.08$4,886
Jun 200401,66336.106.43$10,698
May 200401,36037.486.49$8,833
Apr 2004054234.475.86$3,175
Mar 200401,90834.365.53$10,552
Feb 2004079232.455.51$4,364
Jan 200401,20832.036.30$7,610
Dec 200301,28630.266.30$8,104
Nov 200301,82428.804.60$8,382
Oct 200301,74928.174.76$8,325
Sep 200301,78926.314.75$8,497
Aug 2003068729.765.13$3,524
Jul 20031911,29929.415.17$12,334
Jun 200301,91928.565.98$11,481
May 200302,01226.595.97$12,017
Apr 200302,41426.675.41$13,053
Mar 200302,29531.146.10$13,990
Feb 200301,28633.487.93$10,193
Jan 200302,30730.315.58$12,878
Dec 200201,67926.914.85$8,149
Nov 200201,23524.664.14$5,109
Oct 200201,88526.464.23$7,972
Sep 200202,43327.443.64$8,844
Aug 200202,12325.963.16$6,718
Jul 200202,17424.583.06$6,656
Jun 200201,46523.733.34$4,891
May 200202,73924.663.58$9,817
Apr 200201,88923.653.51$6,635
Mar 200201,74922.003.10$5,427
Feb 200201,34918.222.38$3,205
Jan 2002026517.172.38$630
Dec 200101,00416.932.36$2,374
Nov 200102,07018.072.41$4,979
Oct 200102,25519.782.53$5,703
Sep 200101,31124.262.25$2,951
Aug 200103,85724.873.05$11,776
Jul 20011873,38123.933.20$15,284
Jun 200102,69624.563.82$10,310
May 200103,41325.524.31$14,701
Apr 200103,44624.685.34$18,386
Mar 200103,38024.545.38$18,172
Feb 200103,09927.755.77$17,872
Jan 200104,02727.478.40$33,822
Dec 200014,23426.889.12$38,652
Nov 200003,64232.215.66$20,606
Oct 200003,42431.235.15$17,618
Sep 200003,30731.875.19$17,152
Aug 200003,20829.644.54$14,567
Jul 200003,46628.534.09$14,175
Jun 200003,45329.304.40$15,184
May 200003,63727.263.68$13,383
Apr 200002,76724.513.12$8,622
Mar 200003,08328.422.86$8,817
Feb 200002,17727.622.73$5,936
Jan 200001,56825.272.48$3,889
Dec 199902,29324.282.42$5,558
Nov 199902,46923.192.43$6,010
Oct 19991773,66320.982.80$13,983
Sep 199903,75521.752.62$9,834
Aug 199904,21919.262.88$12,132
Jul 199903,66617.892.37$8,697
Jun 199902,97115.942.36$7,018
May 199902,84315.792.32$6,599
Apr 199903,47315.102.21$7,669
Mar 199913,97012.471.84$7,311
Feb 199903,9939.981.82$7,258
Jan 199904,70010.381.90$8,930
Dec 199804,6219.201.77$8,195
Nov 199804,76610.892.19$10,417
Oct 199804,21912.421.97$8,308
Sep 199804,23412.592.08$8,818
Aug 199804,46011.301.91$8,507
Jul 199805,11411.742.24$11,441
Jun 199804,85711.242.24$10,866
May 19981905,37712.622.21$14,261
Apr 199805,39413.042.51$13,514
Mar 199804,97512.802.31$11,489
Feb 199804,96013.952.30$11,404
Jan 199805,47714.702.15$11,802
Dec 199705,58716.322.41$13,471
Nov 199705,73918.193.09$17,724
Oct 199705,87619.253.15$18,508
Sep 199706,25317.742.95$18,477
Aug 199705,99117.862.55$15,305
Jul 199705,64317.582.25$12,679
Jun 199706,03117.242.26$13,613
May 199706,74818.972.31$15,578
Apr 199705,20517.882.08$10,841
Mar 199705,96718.951.94$11,571
Feb 199704,88120.492.21$10,767
Jan 199706,94723.483.54$24,590
Dec 19961556,53423.32$3,615
Nov 199606,20321.97$0
Oct 199606,62523.31$0
Sep 199606,92822.22$0
Aug 199607,25120.26$0
Jul 199607,17219.55$0
Jun 199603,59418.73$0
May 199606,83119.43$0
Apr 199606,89321.51$0
Mar 199608,11819.38$0
Feb 199605,25616.98$0
Jan 19961796,86617.07$3,056
Dec 199507,85117.19$0
Nov 199508,10516.00$0
Oct 199505,51615.43$0
Sep 199506,25116.18$0
Aug 199507,37615.92$0
Jul 199507,28615.24$0
Jun 199507,26216.41$0
May 19951748,08217.56$3,055
Apr 199507,93817.73$0
Mar 199506,49016.44$0
Feb 199505,97716.58$0
Jan 199507,68115.92$0
Dec 19941787,61315.03$2,675
Nov 199407,63015.90$0
Oct 199404,58915.58$0
Sep 199408,27015.29$0
Aug 199408,40116.13$0
Jul 199408,19617.56$0
Jun 19941688,06417.09$2,871
May 199407,87115.88$0
Apr 199408,11714.14$0
Mar 199408,64612.46$0
Feb 199406,16212.50$0
Jan 19941592,75912.66$2,013
Dec 199304,21012.33$0
Nov 199304,15214.49$0
Oct 199304,90615.85$0
Sep 199304,93215.03$0
Aug 199305,33115.66$0
Jul 199305,63415.46$0
Jun 19931755,01916.79$2,938
May 199306,64317.68$0
Apr 199306,22418.05$0
Mar 199306,26718.14$0
Feb 19931965,92817.90$3,508
Jan 199305,47216.93$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.

May 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 45.22 =         $0
Gas                1,273 Mcf  × $  6.65 =     $8,467

────────────────────────────────────────────────────
Month total                                   $8,467

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/78097 is the state's own key, not one this site invented.