PALMYRA MINERALS LTD

Name: PALMYRA MINERALS LTD lease production and value, Aug 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the LOPENO (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 164387District 04Field 548660052 tax incentive programmesCondensateGasSave Export

Value, all time

$1.8 M

Aug 1997 – Sep 2011

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

170

no gaps in the span

Streams

condensate, gas

The LOPENO (CONSOLIDATED) 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 311 leases and 311 wells, and the rule below applies to all of them.

Discovered

2005-07-11

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2005-07-11.

The Commission's schedule remark for this field reads: “THERE IS NO BETWEEN WELL SPACING. NO P-15 AND PLATS REQUIRED.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2001-10-29	142301
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,732 bbl	$31,198
Gas	Production	564,545 Mcf	$1,724,439
Total			$1,755,637

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 26.6671, -99.1318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.66713, -99.13183 · 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

100.0%

1 of 1 wells

Median depth

8,570 ft

1 wells filed one

Completion to plug

11.4 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 8,570 ft.

Completions filed

Apr 2000

1 of 1 wells

Plug dates filed

Sep 2011

1 of 1 wells

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50533657	6	8,570 ft	Apr 2000	Sep 2011	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 (170)

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

170 months


Sep 2011	0	145	83.62	3.99	$578
Aug 2011	0	236	83.40	4.15	$979
Jul 2011	0	188	94.14	4.52	$849
Jun 2011	0	284	92.90	4.64	$1,318
May 2011	0	358	98.13	4.40	$1,577
Apr 2011	0	297	105.96	4.33	$1,287
Mar 2011	0	259	96.36	4.06	$1,051
Feb 2011	0	273	85.64	4.18	$1,141
Jan 2011	0	281	86.50	4.59	$1,289
Dec 2010	0	335	85.73	4.35	$1,457
Nov 2010	0	279	80.84	3.80	$1,059
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	10	320	72.63	3.98	$2,000
Aug 2010	0	361	73.68	4.42	$1,595
Jul 2010	0	413	72.55	4.74	$1,956
Jun 2010	0	413	70.36	4.91	$2,028
May 2010	22	322	71.12	4.24	$2,928
Apr 2010	0	265	81.69	4.12	$1,093
Mar 2010	14	301	78.39	4.39	$2,418
Feb 2010	0	228	73.58	5.44	$1,241
Jan 2010	0	283	74.36	5.96	$1,688
Dec 2009	0	225	71.44	5.48	$1,234
Nov 2009	0	288	74.59	3.75	$1,080
Oct 2009	0	314	72.54	4.11	$1,291
Sep 2009	0	333	65.54	3.06	$1,021
Aug 2009	0	261	67.42	3.22	$840
Jul 2009	6	344	61.13	3.46	$1,559
Jun 2009	0	321	66.16	3.90	$1,250
May 2009	0	321	54.74	3.93	$1,260
Apr 2009	17	292	46.77	3.59	$1,843
Mar 2009	0	316	42.14	4.06	$1,283
Feb 2009	0	340	32.81	4.63	$1,575
Jan 2009	0	357	35.86	5.37	$1,917
Dec 2008	0	383	37.10	5.98	$2,289
Nov 2008	0	396	55.49	6.86	$2,717
Oct 2008	0	388	75.24	6.92	$2,686
Sep 2008	0	369	101.76	7.88	$2,907
Aug 2008	0	378	114.22	8.48	$3,207
Jul 2008	0	405	131.08	11.39	$4,613
Jun 2008	0	365	131.33	13.03	$4,757
May 2008	0	372	123.17	11.57	$4,306
Apr 2008	0	404	110.31	10.45	$4,224
Mar 2008	0	394	101.90	9.66	$3,808
Feb 2008	0	427	92.53	8.77	$3,745
Jan 2008	0	496	90.38	8.21	$4,070
Dec 2007	0	482	88.33	7.30	$3,520
Nov 2007	0	437	91.67	7.29	$3,186
Oct 2007	0	462	82.85	6.92	$3,198
Sep 2007	0	441	75.84	6.24	$2,754
Aug 2007	0	436	69.06	6.39	$2,785
Jul 2007	0	498	70.90	6.39	$3,181
Jun 2007	0	448	62.00	7.55	$3,382
May 2007	0	459	58.74	7.85	$3,601
Apr 2007	0	512	59.61	7.81	$3,996
Mar 2007	0	462	56.92	7.30	$3,374
Feb 2007	0	297	55.10	8.22	$2,440
Jan 2007	0	424	50.30	6.73	$2,852
Dec 2006	0	440	56.65	6.92	$3,044
Nov 2006	0	476	54.20	7.62	$3,626
Oct 2006	0	517	54.90	6.01	$3,109
Sep 2006	0	505	60.08	5.04	$2,544
Aug 2006	0	584	68.71	7.34	$4,287
Jul 2006	0	606	69.37	6.34	$3,844
Jun 2006	0	646	66.28	6.38	$4,124
May 2006	0	636	66.01	6.42	$4,086
Apr 2006	0	603	64.39	7.36	$4,438
Mar 2006	0	589	56.70	7.08	$4,172
Feb 2006	0	463	57.59	7.75	$3,589
Jan 2006	0	565	60.59	8.93	$5,047
Dec 2005	0	595	54.94	13.42	$7,982
Nov 2005	0	440	54.69	10.59	$4,659
Oct 2005	0	569	58.34	13.80	$7,850
Sep 2005	0	533	61.45	12.08	$6,438
Aug 2005	0	550	61.51	9.80	$5,388
Jul 2005	0	568	55.69	7.84	$4,455
Jun 2005	0	521	52.33	7.38	$3,846
May 2005	0	469	45.22	6.65	$3,119
Apr 2005	0	550	49.20	7.36	$4,048
Mar 2005	0	524	50.37	7.15	$3,749
Feb 2005	0	439	45.22	6.31	$2,771
Jan 2005	0	560	43.16	6.32	$3,540
Dec 2004	0	558	39.86	6.75	$3,767
Nov 2004	0	577	45.28	6.33	$3,653
Oct 2004	0	619	49.70	6.52	$4,033
Sep 2004	0	672	43.24	5.28	$3,551
Aug 2004	0	639	42.37	5.55	$3,547
Jul 2004	0	771	38.28	6.08	$4,691
Jun 2004	0	749	36.10	6.43	$4,818
May 2004	0	707	37.48	6.49	$4,592
Apr 2004	0	726	34.47	5.86	$4,253
Mar 2004	0	727	34.36	5.53	$4,020
Feb 2004	0	702	32.45	5.51	$3,868
Jan 2004	0	698	32.03	6.30	$4,397
Dec 2003	0	676	30.26	6.30	$4,260
Nov 2003	0	735	28.80	4.60	$3,377
Oct 2003	0	742	28.17	4.76	$3,532
Sep 2003	8	664	26.31	4.75	$3,364
Aug 2003	0	748	29.76	5.13	$3,837
Jul 2003	10	675	29.41	5.17	$3,784
Jun 2003	0	588	28.56	5.98	$3,518
May 2003	0	670	26.59	5.97	$4,002
Apr 2003	8	635	26.67	5.41	$3,647
Mar 2003	0	584	31.14	6.10	$3,560
Feb 2003	0	562	33.48	7.93	$4,454
Jan 2003	0	594	30.31	5.58	$3,316
Dec 2002	0	711	26.91	4.85	$3,451
Nov 2002	0	848	24.66	4.14	$3,508
Oct 2002	0	887	26.46	4.23	$3,751
Sep 2002	0	792	27.44	3.64	$2,879
Aug 2002	0	630	25.96	3.16	$1,993
Jul 2002	0	883	24.58	3.06	$2,704
Jun 2002	0	983	23.73	3.34	$3,281
May 2002	0	988	24.66	3.58	$3,541
Apr 2002	0	852	23.65	3.51	$2,993
Mar 2002	0	932	22.00	3.10	$2,892
Feb 2002	0	943	18.22	2.38	$2,240
Jan 2002	0	1,028	17.17	2.38	$2,442
Dec 2001	0	1,028	16.93	2.36	$2,431
Nov 2001	0	1,088	18.07	2.41	$2,617
Oct 2001	0	1,193	19.78	2.53	$3,017
Sep 2001	0	1,081	24.26	2.25	$2,434
Aug 2001	0	1,197	24.87	3.05	$3,655
Jul 2001	0	1,233	23.93	3.20	$3,942
Jun 2001	0	965	24.56	3.82	$3,690
May 2001	0	1,269	25.52	4.31	$5,466
Apr 2001	0	2,424	24.68	5.34	$12,933
Mar 2001	0	3,321	24.54	5.38	$17,855
Feb 2001	5	1,288	27.75	5.77	$7,567
Jan 2001	19	2,589	27.47	8.40	$22,266
Dec 2000	21	2,294	26.88	9.12	$21,492
Nov 2000	25	2,975	32.21	5.66	$17,638
Oct 2000	26	3,293	31.23	5.15	$17,756
Sep 2000	28	3,186	31.87	5.19	$17,417
Aug 2000	14	4,021	29.64	4.54	$18,673
Jul 2000	4	4,236	28.53	4.09	$17,438
Jun 2000	5	5,257	29.30	4.40	$23,263
May 2000	6	8,138	27.26	3.68	$30,109
Apr 2000	0	4,754	24.51	3.12	$14,813
Mar 2000	0	2,516	28.42	2.86	$7,195
Feb 2000	0	2,915	27.62	2.73	$7,948
Jan 2000	0	3,361	25.27	2.48	$8,337
Dec 1999	0	3,530	24.28	2.42	$8,556
Nov 1999	0	3,697	23.19	2.43	$8,998
Oct 1999	0	4,033	20.98	2.80	$11,307
Sep 1999	0	4,025	21.75	2.62	$10,541
Aug 1999	8	4,825	19.26	2.88	$14,029
Jul 1999	40	5,363	17.89	2.37	$13,439
Jun 1999	21	5,542	15.94	2.36	$13,426
May 1999	68	6,472	15.79	2.32	$16,095
Apr 1999	25	6,883	15.10	2.21	$15,576
Mar 1999	86	7,790	12.47	1.84	$15,393
Feb 1999	91	11,677	9.98	1.82	$22,135
Jan 1999	51	9,498	10.38	1.90	$18,575
Dec 1998	105	12,189	9.20	1.77	$22,581
Nov 1998	39	10,449	10.89	2.19	$23,263
Oct 1998	49	10,568	12.42	1.97	$21,419
Sep 1998	36	10,796	12.59	2.08	$22,937
Aug 1998	37	11,848	11.30	1.91	$23,016
Jul 1998	19	13,348	11.74	2.24	$30,086
Jun 1998	0	14,957	11.24	2.24	$33,463
May 1998	20	18,164	12.62	2.21	$40,328
Apr 1998	47	19,780	13.04	2.51	$50,168
Mar 1998	62	23,406	12.80	2.31	$54,848
Feb 1998	84	23,746	13.95	2.30	$55,767
Jan 1998	111	29,868	14.70	2.15	$65,991
Dec 1997	118	34,901	16.32	2.41	$86,076
Nov 1997	103	41,194	18.19	3.09	$129,091
Oct 1997	99	32,618	19.25	3.15	$104,647
Sep 1997	146	51,682	17.74	2.95	$155,304
Aug 1997	19	6,943	17.86	2.55	$18,077

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.

Sep 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 83.62 =         $0
Gas                  145 Mcf  × $  3.99 =       $578

────────────────────────────────────────────────────
Month total                                     $578

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/164387 is the state's own key, not one this site invented.