KOUNTZE & COUCH

Operated by PETRA OLEUM CORP. (P-5 659826) in the LOUISE, SOUTH (FRIO 5170) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12504District 03Field 55125100OilCasinghead gasSaveExport
Value, all time
$426 k
Jan 1993 – Mar 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
147
no gaps in the span
Streams
2
oil, casinghead 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 8 leases and 9 wells, and the rule below applies to all of them.

Discovered
1979-09-29
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition25,394 bbl$425,465
Casinghead gasProduction5,746 Mcf$497
Total$425,962

5,536 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 29.0447, -96.3691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04468, -96.36911 · 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
7,260 ft
1 wells filed one
Completion to plug
25.4 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 7,260 ft.

Completions filed
Sep 1979
1 of 1 wells
Plug dates filed
Feb 2005
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813182237,260 ftSep 1979Feb 2005Yes

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 (147)

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

147 months

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 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000172028.422.86$4,888
Feb 2000180027.622.73$4,972
Jan 2000355025.272.48$8,971
Dec 1999179024.282.42$4,346
Nov 1999179023.192.43$4,151
Oct 1999359020.982.80$7,532
Sep 1999178021.752.62$3,872
Aug 1999358019.262.88$6,895
Jul 1999179017.892.37$3,202
Jun 1999358015.942.36$5,707
May 1999180015.792.32$2,842
Apr 1999180015.102.21$2,718
Mar 1999362012.471.84$4,514
Feb 199918209.981.82$1,816
Jan 1999365010.381.90$3,789
Dec 199818109.201.77$1,665
Nov 1998364010.892.19$3,964
Oct 1998181012.421.97$2,248
Sep 1998360012.592.08$4,532
Aug 1998179011.301.91$2,023
Jul 1998357011.742.24$4,191
Jun 1998177011.242.24$1,989
May 1998358012.622.21$4,518
Apr 1998181013.042.51$2,360
Mar 1998359012.802.31$4,595
Feb 1998180013.952.30$2,511
Jan 1998363014.702.15$5,336
Dec 1997183016.322.41$2,987
Nov 1997364018.193.09$6,621
Oct 1997181019.253.15$3,484
Sep 1997363017.742.95$6,440
Aug 1997358017.862.55$6,394
Jul 19971783017.582.25$3,197
Jun 19971773017.242.26$3,119
May 19973603018.972.31$6,898
Apr 19971803017.882.08$3,281
Mar 19973603018.951.94$6,880
Feb 19971803020.492.21$3,754
Jan 19973513023.483.54$8,348
Dec 19963693023.32$8,605
Nov 19961793021.97$3,933
Oct 19963553023.31$8,275
Sep 19963543022.22$7,866
Aug 19963563020.26$7,213
Jul 19963513019.55$6,862
Jun 19961663018.73$3,109
May 19963333019.43$6,470
Apr 19963423021.51$7,356
Mar 19961723019.38$3,333
Feb 19963243016.98$5,502
Jan 19963383017.07$5,770
Dec 19955213317.19$8,956
Nov 19951453316.00$2,320
Oct 19953443315.43$5,308
Sep 199533716116.18$5,453
Aug 199550890815.92$8,087
Jul 199534366015.24$5,227
Jun 199503016.41$0
May 199508817.56$0
Apr 199509617.73$0
Mar 199534824916.44$5,721
Feb 199535538916.58$5,886
Jan 199534924015.92$5,556
Dec 199434032115.03$5,110
Nov 199435415015.90$5,629
Oct 199433510515.58$5,219
Sep 199433119715.29$5,061
Aug 199453122816.13$8,565
Jul 199433921917.56$5,953
Jun 1994165117.09$2,820
May 1994511115.88$8,115
Apr 1994339114.14$4,793
Mar 19943331312.46$4,149
Feb 1994334812.50$4,175
Jan 19944961712.66$6,279
Dec 19934911912.33$6,054
Nov 19931711714.49$2,478
Oct 1993337115.85$5,341
Sep 1993506115.03$7,605
Aug 19931826715.66$2,850
Jul 199336210815.46$5,597
Jun 199318417016.79$3,089
May 199336311917.68$6,418
Apr 199336010218.05$6,498
Mar 199318215518.14$3,301
Feb 199335815917.90$6,408
Jan 19933607716.93$6,095

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 2000 — as filed, then multipliedworked
Oil                  172 bbl  × $ 28.42 =     $4,888
Casinghead gas         0 Mcf  × $  2.86 =         $0

────────────────────────────────────────────────────
Month total                                   $4,888

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/O/12504 is the state's own key, not one this site invented.