KEIRN, PEARL, UNIT

Operated by FINA OIL & CHEMICAL COMPANY (P-5 268321) in the MCALLEN (KEIRN 6100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 11901District 04Field 58721620CondensateGasSaveExport
Value, all time
$233 k
Jan 1993 – Sep 1999
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
81
no gaps in the span
Streams
2
condensate, 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-11-23.

The Commission's schedule remark for this field reads: PER DOCKET #04-0240399 FIELD RULES AMENDED.

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
CondensateDisposition1,967 bbl$33,084
GasProduction311,374 Mcf$200,162
Total$233,246

225,791 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 26.1889, -98.2391. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.18894, -98.23914 · 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
10,268 ft
1 wells filed one
Completion to plug
2.6 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 10,268 ft.

Completions filed
Jun 1999
1 of 1 wells
Plug dates filed
Jan 2002
1 of 1 wells

Last completion to plug: a median of 2.6 years across the 1 well that filed both dates, with the middle half between 2.6 years and 2.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21501539110,268 ftJun 1999Jan 2002Yes

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 (81)

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

81 months

Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19991015.942.36$16
May 1999111,54315.792.32$3,755
Apr 1999182,05515.102.21$4,809
Mar 1999182,64112.471.84$5,079
Feb 1999162,2629.981.82$4,272
Jan 1999193,36410.381.90$6,589
Dec 1998202,0019.201.77$3,732
Nov 1998162,62510.892.19$5,912
Oct 1998142,98912.421.97$6,060
Sep 199882,14412.592.08$4,566
Aug 199842,29211.301.91$4,417
Jul 1998162,98611.742.24$6,868
Jun 1998132,49711.242.24$5,733
May 1998153,01412.622.21$6,839
Apr 1998172,57613.042.51$6,675
Mar 1998343,36212.802.31$8,200
Feb 1998353,26413.952.30$7,993
Jan 1998353,50514.702.15$8,067
Dec 1997373,68216.322.41$9,482
Nov 1997303,55418.193.09$11,521
Oct 1997293,79919.253.15$12,524
Sep 1997273,97417.742.95$12,222
Aug 1997273,66017.862.55$9,833
Jul 1997293,58717.582.25$8,570
Jun 1997272,43817.242.26$5,969
May 1997353,33118.972.31$8,354
Apr 1997393,03717.882.08$7,023
Mar 1997344,39918.951.94$9,175
Feb 1997331,68120.492.21$4,384
Jan 1997363,32123.483.54$12,601
Dec 1996334,63023.32$770
Nov 1996395,24121.97$857
Oct 1996374,79223.31$862
Sep 1996263,80122.22$578
Aug 1996254,19820.26$507
Jul 1996283,99119.55$547
Jun 1996274,58418.73$506
May 1996284,48419.43$544
Apr 1996324,05421.51$688
Mar 1996304,63819.38$581
Feb 1996213,85616.98$357
Jan 1996192,08917.07$324
Dec 1995303,31617.19$516
Nov 1995343,27016.00$544
Oct 1995324,93415.43$494
Sep 1995294,97616.18$469
Aug 1995274,84515.92$430
Jul 1995294,86815.24$442
Jun 1995235,04816.41$377
May 1995255,41217.56$439
Apr 1995265,60717.73$461
Mar 199561,14316.44$99
Feb 1995956816.58$149
Jan 1995265,28315.92$414
Dec 1994275,69815.03$406
Nov 1994295,62115.90$461
Oct 1994202,98715.58$312
Sep 1994182,86615.29$275
Aug 1994236,08016.13$371
Jul 1994236,20917.56$404
Jun 1994225,58417.09$376
May 1994225,53315.88$349
Apr 1994195,81814.14$269
Mar 1994203,06612.46$249
Feb 1994249,06312.50$300
Jan 1994235,16512.66$291
Dec 1993205,21712.33$247
Nov 1993234,62614.49$333
Oct 1993345,42115.85$539
Sep 1993305,20215.03$451
Aug 1993175,03615.66$266
Jul 1993254,30015.46$387
Jun 1993284,96116.79$470
May 1993404,92617.68$707
Apr 1993425,12418.05$758
Mar 1993345,33118.14$617
Feb 1993335,14717.90$591
Jan 1993377,18216.93$626

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.

Jun 1999 — as filed, then multipliedworked
Condensate             1 bbl  × $ 15.94 =        $16
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                      $16

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. 04/G/11901 is the state's own key, not one this site invented.