PETRICH "A" UNIT

Operated by WCS OIL AND GAS CORPORATION (P-5 902626) in the STEPHANIE (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20594District 03Field 85911700NGPA filingOilCasinghead gasSaveExport
Value, all time
$834 k
Jan 1993 – Feb 2003
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
122
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1989-05-22
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-03-19.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition46,916 bbl$825,761
Casinghead gasProduction35,496 Mcf$8,458
Total$834,220

31,939 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 30.1202, -96.8164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.12016, -96.81641 · 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
5,536 ft
1 wells filed one
Completion to plug
6.3 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 5,536 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
May 2013
1 of 1 wells

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1493237125,536 ftJan 2007May 2013Yes

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 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200280026.914.85$2,153
Nov 2002190024.664.14$4,685
Oct 2002194026.464.23$5,133
Sep 20021027.443.64$27
Aug 2002189025.963.16$4,906
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 2002190018.222.38$3,462
Jan 2002192017.172.38$3,297
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001179024.873.05$4,452
Jul 20010023.933.20$0
Jun 2001177024.563.82$4,347
May 2001194025.524.31$4,951
Apr 2001191024.685.34$4,714
Mar 20010024.545.38$0
Feb 2001354027.755.77$9,824
Jan 2001212027.478.40$5,824
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000182031.875.19$5,800
Aug 2000187029.644.54$5,543
Jul 2000376028.534.09$10,727
Jun 2000188029.304.40$5,508
May 2000181027.263.68$4,934
Apr 2000189024.513.12$4,632
Mar 2000377028.422.86$10,714
Feb 2000190027.622.73$5,248
Jan 2000190025.272.48$4,801
Dec 1999191024.282.42$4,637
Nov 1999171023.192.43$3,965
Oct 1999357020.982.80$7,490
Sep 19991882721.752.62$4,160
Aug 19993727219.262.88$7,372
Jul 19991935817.892.37$3,590
Jun 19993684215.942.36$5,965
May 19991894915.792.32$3,098
Apr 19991916415.102.21$3,025
Mar 19991931412.471.84$2,432
Feb 19990529.981.82$95
Jan 19991885810.381.90$2,062
Dec 1998162579.201.77$1,591
Nov 19983606810.892.19$4,069
Oct 19981876712.421.97$2,454
Sep 1998116112.592.08$266
Aug 19982048711.301.91$2,471
Jul 19981949611.742.24$2,492
Jun 19981847711.242.24$2,240
May 19981889412.622.21$2,580
Apr 19983658313.042.51$4,968
Mar 19981988512.802.31$2,731
Feb 19981927413.952.30$2,849
Jan 19981958314.702.15$3,045
Dec 19971947216.322.41$3,340
Nov 19971919318.193.09$3,762
Oct 19971979219.253.15$4,082
Sep 19971917517.742.95$3,610
Aug 19971918217.862.55$3,621
Jul 199739432017.582.25$7,646
Jun 199739128817.242.26$7,391
May 199738717818.972.31$7,752
Apr 199739522517.882.08$7,531
Mar 199739922418.951.94$7,995
Feb 199739725520.492.21$8,697
Jan 199757928523.483.54$14,604
Dec 199621112523.32$4,921
Nov 199639725221.97$8,722
Oct 199649529623.31$11,538
Sep 199639629222.22$8,799
Aug 199637829520.26$7,658
Jul 199656431119.55$11,026
Jun 199640228518.73$7,529
May 199657935619.43$11,250
Apr 199639632021.51$8,518
Mar 199658537419.38$11,337
Feb 199659736516.98$10,137
Jan 199658340117.07$9,952
Dec 199538222717.19$6,567
Nov 199541063816.00$6,560
Oct 199538963715.43$6,002
Sep 199557272016.18$9,255
Aug 199539467015.92$6,272
Jul 199555589815.24$8,458
Jun 199539195616.41$6,416
May 19955661,07417.56$9,939
Apr 19957651,25117.73$13,563
Mar 19957561,34216.44$12,429
Feb 19957811,22616.58$12,949
Jan 199597368715.92$15,490
Dec 19941,1471,03815.03$17,239
Nov 19949591,20115.90$15,248
Oct 19949751,08715.58$15,191
Sep 19941,1221,30715.29$17,155
Aug 19941,1381,35816.13$18,356
Jul 19941,1371,23717.56$19,966
Jun 19941,0711,35117.09$18,303
May 19941,4001,22615.88$22,232
Apr 19941,42497214.14$20,135
Mar 19945112.46$62
Feb 199418720212.50$2,338
Jan 199472246412.66$9,141
Dec 199390948212.33$11,208
Nov 199373557114.49$10,650
Oct 199373555815.85$11,650
Sep 199372346215.03$10,867
Aug 199390858115.66$14,219
Jul 199373163115.46$11,301
Jun 19931,10368716.79$18,519
May 199374356917.68$13,136
Apr 199354453218.05$9,819
Mar 19931,14059718.14$20,680
Feb 199393951017.90$16,808
Jan 199355231716.93$9,345

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                   80 bbl  × $ 26.91 =     $2,153
Casinghead gas         0 Mcf  × $  4.85 =         $0

────────────────────────────────────────────────────
Month total                                   $2,153

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/20594 is the state's own key, not one this site invented.