LA JOLLA

Name: LA JOLLA lease production and value, Feb 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PENNZOIL EXPLORATION & PROD. CO. (P-5 652352) in the BRAYTON, N. (VICKSBURG 11,500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145367District 04Field 11550900CondensateGasSave Export

Value, all time

$677 k

Feb 1993 – Apr 1998

Value, last 12 filed months

$149 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The BRAYTON, N. (VICKSBURG 11,500) field

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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1989-02-16

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Condensate	Disposition	38,686 bbl	$619,982
Gas	Production	103,959 Mcf	$57,164
Total			$677,146

81,783 Mcf of this lease's gas, across 47 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 27.7749, -97.7738. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.77490, -97.77383 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

12,128 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 12,128 ft.

Completions filed

Jan 1998

1 of 1 wells

1 well


42-35532886	4 D	12,128 ft	Jan 1998	—	Yes

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 (63)

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

63 months


Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	2	0	13.95	2.30	$28
Jan 1998	44	621	14.70	2.15	$1,985
Dec 1997	106	2,372	16.32	2.41	$7,449
Nov 1997	96	1,543	18.19	3.09	$6,511
Oct 1997	167	1,727	19.25	3.15	$8,654
Sep 1997	1,078	1,777	17.74	2.95	$24,375
Aug 1997	1,135	2,488	17.86	2.55	$26,627
Jul 1997	1,090	1,588	17.58	2.25	$22,730
Jun 1997	1,166	1,366	17.24	2.26	$23,185
May 1997	1,279	1,304	18.97	2.31	$27,273
Apr 1997	1,234	1,817	17.88	2.08	$25,848
Mar 1997	114	1,516	18.95	1.94	$5,100
Feb 1997	108	1,838	20.49	2.21	$6,267
Jan 1997	116	2,219	23.48	3.54	$10,578
Dec 1996	112	2,281	23.32	—	$2,612
Nov 1996	115	1,889	21.97	—	$2,527
Oct 1996	124	2,527	23.31	—	$2,890
Sep 1996	120	2,569	22.22	—	$2,666
Aug 1996	131	1,817	20.26	—	$2,654
Jul 1996	129	1,820	19.55	—	$2,522
Jun 1996	130	2,916	18.73	—	$2,435
May 1996	139	2,332	19.43	—	$2,701
Apr 1996	143	2,634	21.51	—	$3,076
Mar 1996	158	962	19.38	—	$3,062
Feb 1996	149	948	16.98	—	$2,530
Jan 1996	169	1,049	17.07	—	$2,885
Dec 1995	176	1,152	17.19	—	$3,025
Nov 1995	176	1,119	16.00	—	$2,816
Oct 1995	185	1,287	15.43	—	$2,855
Sep 1995	189	1,287	16.18	—	$3,058
Aug 1995	211	1,263	15.92	—	$3,359
Jul 1995	222	1,411	15.24	—	$3,383
Jun 1995	203	1,624	16.41	—	$3,331
May 1995	165	1,661	17.56	—	$2,897
Apr 1995	137	866	17.73	—	$2,429
Mar 1995	148	657	16.44	—	$2,433
Feb 1995	132	771	16.58	—	$2,189
Jan 1995	229	804	15.92	—	$3,646
Dec 1994	440	883	15.03	—	$6,613
Nov 1994	501	910	15.90	—	$7,966
Oct 1994	533	915	15.58	—	$8,304
Sep 1994	484	896	15.29	—	$7,400
Aug 1994	538	962	16.13	—	$8,678
Jul 1994	496	953	17.56	—	$8,710
Jun 1994	526	422	17.09	—	$8,989
May 1994	539	451	15.88	—	$8,559
Apr 1994	646	369	14.14	—	$9,134
Mar 1994	2,081	1,601	12.46	—	$25,929
Feb 1994	1,871	1,445	12.50	—	$23,388
Jan 1994	1,925	1,999	12.66	—	$24,371
Dec 1993	1,492	2,018	12.33	—	$18,396
Nov 1993	874	1,253	14.49	—	$12,664
Oct 1993	1,697	1,682	15.85	—	$26,897
Sep 1993	2,011	2,162	15.03	—	$30,225
Aug 1993	2,047	3,158	15.66	—	$32,056
Jul 1993	2,050	3,518	15.46	—	$31,693
Jun 1993	1,922	4,256	16.79	—	$32,270
May 1993	2,014	5,536	17.68	—	$35,608
Apr 1993	1,568	3,622	18.05	—	$28,302
Mar 1993	904	4,760	18.14	—	$16,399
Feb 1993	0	366	17.90	—	$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.

Feb 1998 — as filed, then multipliedworked

Condensate             2 bbl  × $ 13.95 =        $28
Gas                    0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                      $28

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/145367 is the state's own key, not one this site invented.