PIETSCH, PAUL UNIT

Name: PIETSCH, PAUL UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CIRRUS PRODUCTION COMPANY (P-5 154090) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15353District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$377 k

Jan 1993 – Feb 2003

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

122

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Oil	Disposition	17,648 bbl	$334,687
Casinghead gas	Production	28,271 Mcf	$42,393
Total			$377,079

13,551 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 30.0999, -96.7905. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.09992, -96.79047 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,950 ft

1 wells filed one

Completion to plug

20.8 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 10,950 ft.

Completions filed

Feb 1982

1 of 1 wells

Plug dates filed

Dec 2002

1 of 1 wells

Last completion to plug: a median of 20.8 years across the 1 well that filed both dates, with the middle half between 20.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14931198	1	10,950 ft	Feb 1982	Dec 2002	Yes

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 (122)

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

122 months


Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	71	15	26.91	4.85	$1,983
Nov 2002	268	16	24.66	4.14	$6,675
Oct 2002	0	6	26.46	4.23	$25
Sep 2002	0	23	27.44	3.64	$84
Aug 2002	0	18	25.96	3.16	$57
Jul 2002	0	35	24.58	3.06	$107
Jun 2002	0	75	23.73	3.34	$250
May 2002	0	76	24.66	3.58	$272
Apr 2002	0	66	23.65	3.51	$232
Mar 2002	179	92	22.00	3.10	$4,223
Feb 2002	0	31	18.22	2.38	$74
Jan 2002	1	53	17.17	2.38	$143
Dec 2001	0	83	16.93	2.36	$196
Nov 2001	0	5	18.07	2.41	$12
Oct 2001	193	95	19.78	2.53	$4,058
Sep 2001	1	5	24.26	2.25	$36
Aug 2001	0	2,196	24.87	3.05	$6,705
Jul 2001	0	400	23.93	3.20	$1,279
Jun 2001	0	235	24.56	3.82	$899
May 2001	195	176	25.52	4.31	$5,734
Apr 2001	344	65	24.68	5.34	$8,837
Mar 2001	1	89	24.54	5.38	$503
Feb 2001	0	80	27.75	5.77	$461
Jan 2001	0	104	27.47	8.40	$873
Dec 2000	0	103	26.88	9.12	$940
Nov 2000	0	127	32.21	5.66	$719
Oct 2000	0	140	31.23	5.15	$720
Sep 2000	0	120	31.87	5.19	$622
Aug 2000	192	47	29.64	4.54	$5,904
Jul 2000	0	59	28.53	4.09	$241
Jun 2000	0	59	29.30	4.40	$259
May 2000	0	128	27.26	3.68	$471
Apr 2000	193	58	24.51	3.12	$4,911
Mar 2000	0	127	28.42	2.86	$363
Feb 2000	0	52	27.62	2.73	$142
Jan 2000	194	144	25.27	2.48	$5,260
Dec 1999	0	232	24.28	2.42	$562
Nov 1999	189	192	23.19	2.43	$4,850
Oct 1999	1	135	20.98	2.80	$399
Sep 1999	184	81	21.75	2.62	$4,214
Aug 1999	0	78	19.26	2.88	$224
Jul 1999	1	130	17.89	2.37	$326
Jun 1999	0	108	15.94	2.36	$255
May 1999	1	87	15.79	2.32	$218
Apr 1999	361	107	15.10	2.21	$5,687
Mar 1999	0	150	12.47	1.84	$276
Feb 1999	1	121	9.98	1.82	$230
Jan 1999	0	139	10.38	1.90	$264
Dec 1998	1	110	9.20	1.77	$204
Nov 1998	2	124	10.89	2.19	$293
Oct 1998	3	124	12.42	1.97	$281
Sep 1998	12	124	12.59	2.08	$409
Aug 1998	15	124	11.30	1.91	$406
Jul 1998	6	149	11.74	2.24	$404
Jun 1998	180	182	11.24	2.24	$2,430
May 1998	5	140	12.62	2.21	$372
Apr 1998	7	132	13.04	2.51	$422
Mar 1998	201	164	12.80	2.31	$2,952
Feb 1998	9	168	13.95	2.30	$512
Jan 1998	172	212	14.70	2.15	$2,985
Dec 1997	8	283	16.32	2.41	$813
Nov 1997	173	303	18.19	3.09	$4,083
Oct 1997	191	375	19.25	3.15	$4,858
Sep 1997	10	340	17.74	2.95	$1,182
Aug 1997	179	393	17.86	2.55	$4,201
Jul 1997	190	463	17.58	2.25	$4,381
Jun 1997	365	538	17.24	2.26	$7,507
May 1997	203	667	18.97	2.31	$5,391
Apr 1997	195	511	17.88	2.08	$4,551
Mar 1997	372	679	18.95	1.94	$8,366
Feb 1997	380	744	20.49	2.21	$9,427
Jan 1997	376	908	23.48	3.54	$12,043
Dec 1996	756	1,136	23.32	—	$17,630
Nov 1996	595	1,234	21.97	—	$13,072
Oct 1996	2,046	3,170	23.31	—	$47,692
Sep 1996	8	34	22.22	—	$178
Aug 1996	353	156	20.26	—	$7,152
Jul 1996	18	139	19.55	—	$352
Jun 1996	198	144	18.73	—	$3,709
May 1996	21	122	19.43	—	$408
Apr 1996	191	98	21.51	—	$4,108
Mar 1996	187	150	19.38	—	$3,624
Feb 1996	190	114	16.98	—	$3,226
Jan 1996	197	109	17.07	—	$3,363
Dec 1995	201	119	17.19	—	$3,455
Nov 1995	18	117	16.00	—	$288
Oct 1995	188	127	15.43	—	$2,901
Sep 1995	187	140	16.18	—	$3,026
Aug 1995	199	163	15.92	—	$3,168
Jul 1995	194	169	15.24	—	$2,957
Jun 1995	196	179	16.41	—	$3,216
May 1995	191	145	17.56	—	$3,354
Apr 1995	197	167	17.73	—	$3,493
Mar 1995	205	154	16.44	—	$3,370
Feb 1995	4	74	16.58	—	$66
Jan 1995	189	145	15.92	—	$3,009
Dec 1994	192	170	15.03	—	$2,886
Nov 1994	199	169	15.90	—	$3,164
Oct 1994	190	135	15.58	—	$2,960
Sep 1994	194	142	15.29	—	$2,966
Aug 1994	187	200	16.13	—	$3,016
Jul 1994	184	211	17.56	—	$3,231
Jun 1994	185	226	17.09	—	$3,162
May 1994	189	231	15.88	—	$3,001
Apr 1994	188	229	14.14	—	$2,658
Mar 1994	191	223	12.46	—	$2,380
Feb 1994	200	193	12.50	—	$2,500
Jan 1994	201	202	12.66	—	$2,545
Dec 1993	188	183	12.33	—	$2,318
Nov 1993	377	207	14.49	—	$5,463
Oct 1993	193	262	15.85	—	$3,059
Sep 1993	195	272	15.03	—	$2,931
Aug 1993	188	215	15.66	—	$2,944
Jul 1993	181	258	15.46	—	$2,798
Jun 1993	179	246	16.79	—	$3,005
May 1993	190	247	17.68	—	$3,359
Apr 1993	369	261	18.05	—	$6,660
Mar 1993	184	288	18.14	—	$3,338
Feb 1993	366	279	17.90	—	$6,551
Jan 1993	184	197	16.93	—	$3,115

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.

Dec 2002 — as filed, then multipliedworked

Oil                   71 bbl  × $ 26.91 =     $1,911
Casinghead gas        15 Mcf  × $  4.85 =        $73

────────────────────────────────────────────────────
Month total                                   $1,983

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/15353 is the state's own key, not one this site invented.