WRIGHT UNIT

Operated by PATTERSON PETROLEUM LP (P-5 643435) in the IOLA (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24032District 03Field 44640275OilCasinghead gasSaveExport
Value, all time
$201 k
Jul 2001 – Dec 2006
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
66
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 69 leases and 70 wells, and the rule below applies to all of them.

Discovered
1980-09-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1998-06-30.

The Commission's schedule remark for this field reads: PER DOCKET 3-0219357 EFF 6-30-98, RULES MADE PERMANENT.

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
OilDisposition1,222 bbl$36,510
Casinghead gasProduction22,649 Mcf$164,569
Total$201,079

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 30.7253, -96.0918. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72535, -96.09184 · 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
14,200 ft
1 wells filed one
Completion to plug
13.8 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 14,200 ft.

Completions filed
Aug 2001
1 of 1 wells
Plug dates filed
May 2015
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18530558114,200 ftAug 2001May 2015Yes

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 (66)

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

66 months

Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006117054.906.01$6,423
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 200501,72061.4512.08$20,776
Aug 200501,65161.519.80$16,175
Jul 200501,75055.697.84$13,726
Jun 200501,68552.337.38$12,437
May 200501,69645.226.65$11,280
Apr 200501,61649.207.36$11,895
Mar 200501,70850.377.15$12,221
Feb 200501,46645.226.31$9,253
Jan 200501,55943.166.32$9,856
Dec 200401,54839.866.75$10,451
Nov 200401,51545.286.33$9,591
Oct 200401,19849.706.52$7,805
Sep 200401,98443.245.28$10,483
Aug 200401,55342.375.55$8,620
Jul 20043038.286.08$115
Jun 2004181036.106.43$6,534
May 20049037.486.49$337
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 2003167028.174.76$4,704
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 2003195030.315.58$5,910
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20021027.443.64$27
Aug 2002191025.963.16$4,958
Jul 20020024.583.06$0
Jun 20022023.733.34$47
May 20021024.663.58$25
Apr 20021023.653.51$24
Mar 2002181022.003.10$3,982
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001173019.782.53$3,422
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0

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 2006 — as filed, then multipliedworked
Oil                  117 bbl  × $ 54.90 =     $6,423
Casinghead gas         0 Mcf  × $  6.01 =         $0

────────────────────────────────────────────────────
Month total                                   $6,423

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/24032 is the state's own key, not one this site invented.