PRIOUR "B"

Operated by PETRO RESOURCES, INC. (P-5 660129) in the SAXET field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122139District 04Field 81283001Hydrogen sulphide fieldGasSaveExport
Value, all time
$82 k
Jan 1993 – Jul 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
no gaps in the span
Streams
1
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 99 leases and 215 wells, and the rule below applies to all of them.

Discovered
1930-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
GasProduction26,442 Mcf$82,349
Total$82,349

5,438 Mcf of this lease's gas, across 15 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 27.7995, -97.5335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.79950, -97.53354 · 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
2,875 ft
1 wells filed one
Completion to plug
25.9 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 2,875 ft.

Completions filed
Aug 1986
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 25.9 years across the 1 well that filed both dates, with the middle half between 25.9 years and 25.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3550577132,875 ftAug 1986Jul 2012Yes

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 (235)

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

235 months

Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 20061266.016.42$77
Apr 20062964.397.36$213
Mar 20063156.707.08$220
Feb 20062757.597.75$209
Jan 20063360.598.93$295
Dec 20052954.9413.42$389
Nov 20052454.6910.59$254
Oct 20053158.3413.80$428
Sep 20052361.4512.08$278
Aug 20053361.519.80$323
Jul 20053755.697.84$290
Jun 20054052.337.38$295
May 20051245.226.65$80
Apr 20053149.207.36$228
Mar 20052850.377.15$200
Feb 20053045.226.31$189
Jan 20054243.166.32$266
Dec 20043639.866.75$243
Nov 20043045.286.33$190
Oct 20042949.706.52$189
Sep 2004043.245.28$0
Aug 20042442.375.55$133
Jul 20042138.286.08$128
Jun 20042536.106.43$161
May 2004037.486.49$0
Apr 20043034.475.86$176
Mar 20043034.365.53$166
Feb 20042432.455.51$132
Jan 20043132.036.30$195
Dec 20033230.266.30$202
Nov 20032928.804.60$133
Oct 20033028.174.76$143
Sep 20031826.314.75$85
Aug 20032129.765.13$108
Jul 20032029.415.17$103
Jun 20032328.565.98$138
May 20032326.595.97$137
Apr 20032226.675.41$119
Mar 20032331.146.10$140
Feb 20031833.487.93$143
Jan 20031830.315.58$100
Dec 20022126.914.85$102
Nov 20021824.664.14$74
Oct 20022226.464.23$93
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 20022024.583.06$61
Jun 200212723.733.34$424
May 200214124.663.58$505
Apr 200219423.653.51$681
Mar 200220722.003.10$642
Feb 200217118.222.38$406
Jan 200242517.172.38$1,010
Dec 200134516.932.36$816
Nov 200122018.072.41$529
Oct 200151919.782.53$1,312
Sep 200149424.262.25$1,112
Aug 200155324.873.05$1,688
Jul 200149023.933.20$1,567
Jun 200145424.563.82$1,736
May 200143025.524.31$1,852
Apr 200171124.685.34$3,793
Mar 200151724.545.38$2,780
Feb 200148527.755.77$2,797
Jan 200156627.478.40$4,754
Dec 200052926.889.12$4,826
Nov 200050232.215.66$2,840
Oct 200048831.235.15$2,511
Sep 200052331.875.19$2,713
Aug 200056429.644.54$2,561
Jul 200060328.534.09$2,466
Jun 200064329.304.40$2,827
May 200074427.263.68$2,738
Apr 200065024.513.12$2,025
Mar 200096928.422.86$2,771
Feb 200068227.622.73$1,859
Jan 200044325.272.48$1,099
Dec 199945024.282.42$1,091
Nov 199976423.192.43$1,860
Oct 19991,29820.982.80$3,639
Sep 19991,02021.752.62$2,671
Aug 19991,95319.262.88$5,616
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 19968321.97$0
Oct 19969623.31$0
Sep 199610122.22$0
Aug 199610520.26$0
Jul 199612019.55$0
Jun 199628218.73$0
May 199628119.43$0
Apr 199612121.51$0
Mar 19968519.38$0
Feb 199612116.98$0
Jan 199615317.07$0
Dec 199579817.19$0
Nov 19951,20816.00$0
Oct 19951,26015.43$0
Sep 199562416.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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.

May 2006 — as filed, then multipliedworked
Gas                   12 Mcf  × $  6.42 =        $77

────────────────────────────────────────────────────
Month total                                      $77

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/122139 is the state's own key, not one this site invented.