PRESNAL, W.

Operated by OMIMEX PETROLEUM, INC. (P-5 622720) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16487District 03Field 50424500OilCasinghead gasSave
Value, all time
$69 k
Jan 1993 – Oct 1997
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
58
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition4,216 bbl$68,777
Casinghead gasProduction4,839 Mcf$0
Total$68,777

4,839 Mcf of this lease's gas, across 36 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 (2)

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 30.7778, -96.3358. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.77775, -96.33578 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,731 ft
2 wells filed one
Completion to plug
9.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 8,662 and 8,800 ft, median 8,731 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1983 – Aug 2006
2 of 2 wells
Plug dates filed
Dec 1996 – Nov 2010
2 of 2 wells

Last completion to plug: a median of 9.0 years across the 2 wells that filed both dates, with the middle half between 6.6 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0413107828,662 ftAug 2006Nov 2010Yes
42-0413087618,800 ftApr 1983Dec 1996Yes

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 (58)

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

58 months

Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 199760017.862.55$1,072
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996117020.26$2,370
Jul 19960019.55$0
Jun 19960018.73$0
May 19964019.43$78
Apr 19961021.51$22
Mar 19960019.38$0
Feb 199636016.98$51
Jan 199626817.07$34
Dec 1995712417.19$120
Nov 199529616.00$32
Oct 1995012415.43$0
Sep 199519010016.18$3,074
Aug 199513615.92$16
Jul 199516415.24$15
Jun 199512416.41$16
May 199516417.56$18
Apr 199501217.73$0
Mar 19951901616.44$3,124
Feb 199524816.58$33
Jan 19950015.92$0
Dec 19940015.03$0
Nov 199412415.90$16
Oct 1994010815.58$0
Sep 199418111615.29$2,767
Aug 199419512416.13$3,145
Jul 1994012417.56$0
Jun 199435217717.09$6,016
May 199416727815.88$2,652
Apr 199417220414.14$2,432
Mar 199416717412.46$2,081
Feb 1994016112.50$0
Jan 199434311812.66$4,342
Dec 1993018512.33$0
Nov 1993225614.49$29
Oct 199317614015.85$2,790
Sep 199318120115.03$2,720
Aug 199315420315.66$2,412
Jul 199317018215.46$2,628
Jun 1993117416.79$17
May 199334119017.68$6,029
Apr 199333417718.05$6,029
Mar 199351421418.14$9,324
Feb 199318123617.90$3,240
Jan 1993223716.93$34

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.

Aug 1997 — as filed, then multipliedworked
Oil                   60 bbl  × $ 17.86 =     $1,072
Casinghead gas         0 Mcf  × $  2.55 =         $0

────────────────────────────────────────────────────
Month total                                   $1,072

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/16487 is the state's own key, not one this site invented.