KEIRN, PEARL

Operated by TOTALFINAELF E&P USA INC (P-5 862791) in the MCALLEN (F-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173985District 04Field 58721400CondensateGasSaveExport
Value, all time
$2.2 M
Jun 1999 – Jan 2002
Value, last 12 filed months
$641 k
at the published price for each month
Months reported
32
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1956-12-20
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/1999.

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
CondensateDisposition65 bbl$1,259
GasProduction549,050 Mcf$2,154,859
Total$2,156,118

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 (32)

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

32 months

Jan 20020017.172.38$0
Dec 200106,88916.932.36$16,288
Nov 2001014,86418.072.41$35,756
Oct 2001015,36319.782.53$38,851
Sep 2001015,20824.262.25$34,238
Aug 2001016,18124.873.05$49,403
Jul 2001017,36323.933.20$55,511
Jun 2001015,97524.563.82$61,091
May 2001016,98025.524.31$73,138
Apr 2001017,09424.685.34$91,202
Mar 2001017,81624.545.38$95,787
Feb 2001015,53527.755.77$89,592
Jan 2001018,25227.478.40$153,294
Dec 2000017,54426.889.12$160,045
Nov 2000018,88732.215.66$106,863
Oct 2000020,12131.235.15$103,533
Sep 2000019,78631.875.19$102,620
Aug 2000020,08029.644.54$91,178
Jul 2000020,75428.534.09$84,879
Jun 2000020,95429.304.40$92,140
May 2000322,21927.263.68$81,842
Apr 2000021,91924.513.12$68,300
Mar 2000023,01928.422.86$65,829
Feb 2000021,24027.622.73$57,911
Jan 2000023,21025.272.48$57,572
Dec 1999023,57324.282.42$57,134
Nov 1999022,06923.192.43$53,716
Oct 1999120,80320.982.80$58,347
Sep 19991117,87021.752.62$47,038
Aug 19992913,78019.262.88$40,184
Jul 19991211,04717.892.37$26,422
Jun 199992,65515.942.36$6,415

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.

Dec 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.93 =         $0
Gas                6,889 Mcf  × $  2.36 =    $16,288

────────────────────────────────────────────────────
Month total                                  $16,288

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/173985 is the state's own key, not one this site invented.