PALMYRA

Name: PALMYRA lease production and value, Jun 1998 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 169408District 04Field 548660052 tax incentive programmesCondensateGasSave Export

Value, all time

$3.1 M

Jun 1998 – Sep 2011

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

160

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	142302
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	1,182 bbl	$20,589
Gas	Production	878,140 Mcf	$3,070,794
Total			$3,091,383

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 26.6762, -99.1338. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67619, -99.13381 · 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

8,555 ft

1 wells filed one

Completion to plug

13.2 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 8,555 ft.

Completions filed

Jul 1998

1 of 1 wells

Plug dates filed

Sep 2011

1 of 1 wells

Last completion to plug: a median of 13.2 years across the 1 well that filed both dates, with the middle half between 13.2 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50533812	8	8,555 ft	Jul 1998	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 (160)

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

160 months


Sep 2011	0	93	83.62	3.99	$371
Aug 2011	0	528	83.40	4.15	$2,191
Jul 2011	0	278	94.14	4.52	$1,256
Jun 2011	1	794	92.90	4.64	$3,777
May 2011	0	451	98.13	4.40	$1,987
Apr 2011	0	326	105.96	4.33	$1,413
Mar 2011	0	745	96.36	4.06	$3,023
Feb 2011	0	590	85.64	4.18	$2,466
Jan 2011	0	397	86.50	4.59	$1,822
Dec 2010	0	379	85.73	4.35	$1,648
Nov 2010	0	462	80.84	3.80	$1,753
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	2	764	72.63	3.98	$3,186
Aug 2010	0	371	73.68	4.42	$1,640
Jul 2010	0	450	72.55	4.74	$2,131
Jun 2010	0	590	70.36	4.91	$2,897
May 2010	9	303	71.12	4.24	$1,923
Apr 2010	0	426	81.69	4.12	$1,756
Mar 2010	11	698	78.39	4.39	$3,926
Feb 2010	0	839	73.58	5.44	$4,566
Jan 2010	0	301	74.36	5.96	$1,795
Dec 2009	0	59	71.44	5.48	$324
Nov 2009	0	155	74.59	3.75	$581
Oct 2009	0	187	72.54	4.11	$769
Sep 2009	0	453	65.54	3.06	$1,388
Aug 2009	0	406	67.42	3.22	$1,307
Jul 2009	5	439	61.13	3.46	$1,827
Jun 2009	0	393	66.16	3.90	$1,531
May 2009	0	409	54.74	3.93	$1,606
Apr 2009	17	488	46.77	3.59	$2,546
Mar 2009	0	463	42.14	4.06	$1,879
Feb 2009	0	371	32.81	4.63	$1,719
Jan 2009	0	396	35.86	5.37	$2,127
Dec 2008	0	422	37.10	5.98	$2,522
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	44	75.24	6.92	$305
Sep 2008	0	196	101.76	7.88	$1,544
Aug 2008	0	315	114.22	8.48	$2,672
Jul 2008	0	197	131.08	11.39	$2,244
Jun 2008	0	406	131.33	13.03	$5,291
May 2008	0	962	123.17	11.57	$11,134
Apr 2008	0	1,193	110.31	10.45	$12,473
Mar 2008	0	1,716	101.90	9.66	$16,584
Feb 2008	0	1,694	92.53	8.77	$14,857
Jan 2008	0	1,739	90.38	8.21	$14,270
Dec 2007	0	1,887	88.33	7.30	$13,779
Nov 2007	0	1,676	91.67	7.29	$12,221
Oct 2007	0	1,454	82.85	6.92	$10,065
Sep 2007	0	1,787	75.84	6.24	$11,158
Aug 2007	0	1,781	69.06	6.39	$11,377
Jul 2007	0	1,815	70.90	6.39	$11,594
Jun 2007	0	1,328	62.00	7.55	$10,024
May 2007	0	1,457	58.74	7.85	$11,432
Apr 2007	0	1,636	59.61	7.81	$12,769
Mar 2007	0	1,502	56.92	7.30	$10,968
Feb 2007	0	876	55.10	8.22	$7,197
Jan 2007	0	1,286	50.30	6.73	$8,651
Dec 2006	0	1,497	56.65	6.92	$10,357
Nov 2006	0	1,747	54.20	7.62	$13,308
Oct 2006	0	1,950	54.90	6.01	$11,727
Sep 2006	0	1,702	60.08	5.04	$8,573
Aug 2006	0	1,636	68.71	7.34	$12,008
Jul 2006	0	1,924	69.37	6.34	$12,203
Jun 2006	0	1,930	66.28	6.38	$12,321
May 2006	0	677	66.01	6.42	$4,350
Apr 2006	0	209	64.39	7.36	$1,538
Mar 2006	0	93	56.70	7.08	$659
Feb 2006	0	1,103	57.59	7.75	$8,549
Jan 2006	0	2,036	60.59	8.93	$18,188
Dec 2005	1	1,346	54.94	13.42	$18,112
Nov 2005	0	941	54.69	10.59	$9,964
Oct 2005	0	1,072	58.34	13.80	$14,789
Sep 2005	0	1,094	61.45	12.08	$13,214
Aug 2005	0	1,190	61.51	9.80	$11,658
Jul 2005	4	2,658	55.69	7.84	$21,071
Jun 2005	0	2,328	52.33	7.38	$17,183
May 2005	0	2,138	45.22	6.65	$14,220
Apr 2005	0	2,401	49.20	7.36	$17,673
Mar 2005	0	2,462	50.37	7.15	$17,615
Feb 2005	0	2,322	45.22	6.31	$14,656
Jan 2005	0	2,424	43.16	6.32	$15,325
Dec 2004	11	2,303	39.86	6.75	$15,986
Nov 2004	0	2,564	45.28	6.33	$16,231
Oct 2004	13	2,750	49.70	6.52	$18,563
Sep 2004	0	2,695	43.24	5.28	$14,240
Aug 2004	0	2,638	42.37	5.55	$14,643
Jul 2004	18	2,833	38.28	6.08	$17,926
Jun 2004	0	2,653	36.10	6.43	$17,067
May 2004	0	2,892	37.48	6.49	$18,782
Apr 2004	0	2,870	34.47	5.86	$16,814
Mar 2004	22	3,052	34.36	5.53	$17,634
Feb 2004	0	2,996	32.45	5.51	$16,507
Jan 2004	0	3,273	32.03	6.30	$20,619
Dec 2003	0	3,290	30.26	6.30	$20,732
Nov 2003	0	3,555	28.80	4.60	$16,336
Oct 2003	0	3,882	28.17	4.76	$18,477
Sep 2003	23	3,539	26.31	4.75	$17,413
Aug 2003	0	3,568	29.76	5.13	$18,303
Jul 2003	22	3,634	29.41	5.17	$19,438
Jun 2003	0	3,651	28.56	5.98	$21,844
May 2003	0	3,871	26.59	5.97	$23,120
Apr 2003	19	3,940	26.67	5.41	$21,811
Mar 2003	0	3,837	31.14	6.10	$23,391
Feb 2003	0	3,427	33.48	7.93	$27,162
Jan 2003	0	3,972	30.31	5.58	$22,172
Dec 2002	0	4,528	26.91	4.85	$21,978
Nov 2002	0	5,015	24.66	4.14	$20,747
Oct 2002	0	4,711	26.46	4.23	$19,923
Sep 2002	0	4,715	27.44	3.64	$17,140
Aug 2002	0	5,033	25.96	3.16	$15,925
Jul 2002	0	5,167	24.58	3.06	$15,820
Jun 2002	0	5,322	23.73	3.34	$17,766
May 2002	0	5,743	24.66	3.58	$20,583
Apr 2002	0	5,095	23.65	3.51	$17,895
Mar 2002	0	5,752	22.00	3.10	$17,847
Feb 2002	0	5,400	18.22	2.38	$12,829
Jan 2002	0	5,836	17.17	2.38	$13,864
Dec 2001	0	6,022	16.93	2.36	$14,238
Nov 2001	0	6,046	18.07	2.41	$14,544
Oct 2001	0	6,660	19.78	2.53	$16,842
Sep 2001	0	6,302	24.26	2.25	$14,188
Aug 2001	0	6,840	24.87	3.05	$20,884
Jul 2001	0	7,146	23.93	3.20	$22,846
Jun 2001	0	6,938	24.56	3.82	$26,532
May 2001	0	7,591	25.52	4.31	$32,697
Apr 2001	0	7,846	24.68	5.34	$41,861
Mar 2001	0	8,315	24.54	5.38	$44,705
Feb 2001	0	7,750	27.75	5.77	$44,695
Jan 2001	0	9,044	27.47	8.40	$75,958
Dec 2000	0	8,915	26.88	9.12	$81,327
Nov 2000	0	9,190	32.21	5.66	$51,997
Oct 2000	0	10,023	31.23	5.15	$51,573
Sep 2000	0	10,206	31.87	5.19	$52,933
Aug 2000	5	11,698	29.64	4.54	$53,266
Jul 2000	6	10,501	28.53	4.09	$43,118
Jun 2000	5	3,933	29.30	4.40	$17,441
May 2000	14	8,626	27.26	3.68	$32,123
Apr 2000	8	8,258	24.51	3.12	$25,928
Mar 2000	15	10,078	28.42	2.86	$29,247
Feb 2000	3	9,248	27.62	2.73	$25,298
Jan 2000	3	11,147	25.27	2.48	$27,726
Dec 1999	3	11,743	24.28	2.42	$28,535
Nov 1999	3	12,162	23.19	2.43	$29,672
Oct 1999	4	13,834	20.98	2.80	$38,870
Sep 1999	4	14,176	21.75	2.62	$37,212
Aug 1999	9	15,979	19.26	2.88	$46,123
Jul 1999	30	18,123	17.89	2.37	$43,531
Jun 1999	16	18,750	15.94	2.36	$44,544
May 1999	50	21,393	15.79	2.32	$50,443
Apr 1999	18	22,480	15.10	2.21	$49,909
Mar 1999	65	25,112	12.47	1.84	$46,975
Feb 1999	70	42,585	9.98	1.82	$78,109
Jan 1999	35	30,078	10.38	1.90	$57,510
Dec 1998	85	33,477	9.20	1.77	$60,147
Nov 1998	125	34,129	10.89	2.19	$75,958
Oct 1998	171	42,097	12.42	1.97	$85,022
Sep 1998	125	37,723	12.59	2.08	$80,136
Aug 1998	113	51,115	11.30	1.91	$98,771
Jul 1998	19	14,606	11.74	2.24	$32,901
Jun 1998	0	0	11.24	2.24	$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.

Sep 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 83.62 =         $0
Gas                   93 Mcf  × $  3.99 =       $371

────────────────────────────────────────────────────
Month total                                     $371

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/169408 is the state's own key, not one this site invented.