KOUNTZE & COUCH -A-

Operated by PETRA OLEUM CORP. (P-5 659826) in the LOUISE, SOUTH (FRIO 5450) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12921District 03Field 55125200OilCasinghead gasSaveExport
Value, all time
$633 k
Jan 1993 – Mar 2005
Value, last 12 filed months
$4 k
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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered
1975-11-04
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
OilDisposition33,005 bbl$632,005
Casinghead gasProduction32,117 Mcf$497
Total$632,502

31,907 Mcf of this lease's gas, across 46 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 29.0463, -96.3682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04630, -96.36824 · 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
5,605 ft
1 wells filed one
Completion to plug
24.9 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 5,605 ft.

Completions filed
Mar 1980
1 of 1 wells
Plug dates filed
Feb 2005
1 of 1 wells

Last completion to plug: a median of 24.9 years across the 1 well that filed both dates, with the middle half between 24.9 years and 24.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813193445,605 ftMar 1980Feb 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 200477049.706.52$3,827
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 2003181026.314.75$4,762
Aug 2003180029.765.13$5,357
Jul 2003179029.415.17$5,264
Jun 2003181028.565.98$5,169
May 2003356026.595.97$9,466
Apr 2003181026.675.41$4,827
Mar 2003183031.146.10$5,699
Feb 2003183033.487.93$6,127
Jan 2003183030.315.58$5,547
Dec 2002357026.914.85$9,607
Nov 2002176024.664.14$4,340
Oct 2002180026.464.23$4,763
Sep 2002174027.443.64$4,775
Aug 2002177025.963.16$4,595
Jul 2002179024.583.06$4,400
Jun 2002180023.733.34$4,271
May 2002176024.663.58$4,340
Apr 2002175023.653.51$4,139
Mar 2002361022.003.10$7,942
Feb 20020018.222.38$0
Jan 2002181017.172.38$3,108
Dec 2001360016.932.36$6,095
Nov 2001182018.072.41$3,289
Oct 2001181019.782.53$3,580
Sep 2001178024.262.25$4,318
Aug 2001178024.873.05$4,427
Jul 2001174023.933.20$4,164
Jun 2001178024.563.82$4,372
May 2001177025.524.31$4,517
Apr 2001357024.685.34$8,811
Mar 2001180024.545.38$4,417
Feb 2001182027.755.77$5,051
Jan 20010027.478.40$0
Dec 2000364026.889.12$9,784
Nov 2000179032.215.66$5,766
Oct 2000176031.235.15$5,496
Sep 20000031.875.19$0
Aug 2000359029.644.54$10,641
Jul 2000179028.534.09$5,107
Jun 2000352029.304.40$10,314
May 20000027.263.68$0
Apr 2000261024.513.12$6,397
Mar 2000165028.422.86$4,689
Feb 2000180027.622.73$4,972
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999152023.192.43$3,525
Oct 1999179020.982.80$3,755
Sep 1999181021.752.62$3,937
Aug 1999180019.262.88$3,467
Jul 1999179017.892.37$3,202
Jun 1999180015.942.36$2,869
May 1999179015.792.32$2,826
Apr 1999359015.102.21$5,421
Mar 1999179012.471.84$2,232
Feb 199918209.981.82$1,816
Jan 1999182010.381.90$1,889
Dec 199818109.201.77$1,665
Nov 1998181010.892.19$1,971
Oct 1998181012.421.97$2,248
Sep 1998178012.592.08$2,241
Aug 1998181011.301.91$2,045
Jul 1998180011.742.24$2,113
Jun 1998360011.242.24$4,046
May 1998358012.622.21$4,518
Apr 1998178013.042.51$2,321
Mar 1998361012.802.31$4,621
Feb 1998182013.952.30$2,539
Jan 1998549014.702.15$8,070
Dec 1997182016.322.41$2,970
Nov 1997363018.193.09$6,603
Oct 1997182019.253.15$3,504
Sep 1997361017.742.95$6,404
Aug 1997361017.862.55$6,447
Jul 19971793017.582.25$3,214
Jun 19973603017.242.26$6,274
May 19973603018.972.31$6,898
Apr 19973643017.882.08$6,571
Mar 19971833018.951.94$3,526
Feb 19971823020.492.21$3,795
Jan 19973593023.483.54$8,536
Dec 19963673023.32$8,558
Nov 19961833021.97$4,021
Oct 19963623023.31$8,438
Sep 19963573022.22$7,933
Aug 19963573020.26$7,233
Jul 19961783019.55$3,480
Jun 19963383018.73$6,331
May 19961703019.43$3,303
Apr 19963413021.51$7,335
Mar 19963433019.38$6,647
Feb 19963403016.98$5,773
Jan 19963353017.07$5,718
Dec 19953393017.19$5,827
Nov 19951693016.00$2,704
Oct 19953453015.43$5,323
Sep 199517841016.18$2,880
Aug 199551478215.92$8,183
Jul 199516854215.24$2,560
Jun 19953631,33216.41$5,957
May 19953421,33017.56$6,006
Apr 19955321,25117.73$9,432
Mar 19953431,45216.44$5,639
Feb 199535294316.58$5,836
Jan 19953421,30015.92$5,445
Dec 19943471,30415.03$5,215
Nov 19945281,58715.90$8,395
Oct 19943391,16015.58$5,282
Sep 19943401,09015.29$5,199
Aug 19945221,08516.13$8,420
Jul 19943461,29717.56$6,076
Jun 19940717.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 1994024012.46$0
Feb 199433672912.50$4,200
Jan 199433188112.66$4,190
Dec 199350493212.33$6,214
Nov 199350852014.49$7,361
Oct 19933331,27115.85$5,278
Sep 19935071,15715.03$7,620
Aug 19933361,44515.66$5,262
Jul 199335956215.46$5,550
Jun 19933531,11416.79$5,927
May 19933621,36917.68$6,400
Apr 199318093718.05$3,249
Mar 199354693218.14$9,904
Feb 199353398517.90$9,541
Jan 19933571,51116.93$6,044

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.

Oct 2004 — as filed, then multipliedworked
Oil                   77 bbl  × $ 49.70 =     $3,827
Casinghead gas         0 Mcf  × $  6.52 =         $0

────────────────────────────────────────────────────
Month total                                   $3,827

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/12921 is the state's own key, not one this site invented.