PEREZ HEIRS 1007 G.U.

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the PICOSO, EAST (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177874District 04Field 71392250CondensateGasSaveExport
Value, all time
$7.3 M
Mar 2000 – Sep 2011
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
139
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
2000-08-08
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2000-08-08.

The Commission's schedule remark for this field reads: WILL CONSIST OF 5% PER WELL AND 95% DELIVERABILITY.

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
CondensateDisposition4,407 bbl$128,484
GasProduction1,394,830 Mcf$7,190,778
Total$7,319,261

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 27.4763, -98.9445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.47626, -98.94453 · 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
8,158 ft
1 wells filed one
Completion to plug
15 months
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 8,158 ft.

Completions filed
Jan 2010
1 of 1 wells
Plug dates filed
Apr 2011
1 of 1 wells

Last completion to plug: a median of 15 months across the 1 well that filed both dates, with the middle half between 15 months and 15 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793741318,158 ftJan 2010Apr 2011Yes

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 (139)

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

139 months

Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201186098.134.40$8,439
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201008274.365.96$489
Dec 200903071.445.48$165
Nov 200906074.593.75$225
Oct 200904972.544.11$201
Sep 200908965.543.06$273
Aug 2009034067.423.22$1,094
Jul 2009032261.133.46$1,116
Jun 2009038966.163.90$1,515
May 2009021354.743.93$836
Apr 2009026646.773.59$954
Mar 200908442.144.06$341
Feb 2009045032.814.63$2,085
Jan 2009035935.865.37$1,928
Dec 2008030237.105.98$1,805
Nov 2008031355.496.86$2,147
Oct 2008032675.246.92$2,257
Sep 20080338101.767.88$2,662
Aug 20080425114.228.48$3,605
Jul 20080471131.0811.39$5,364
Jun 20080898131.3313.03$11,703
May 20080775123.1711.57$8,970
Apr 200801,138110.3110.45$11,898
Mar 200801,160101.909.66$11,210
Feb 200801,54192.538.77$13,515
Jan 200802,45590.388.21$20,145
Dec 200702,18888.337.30$15,977
Nov 200702,34991.677.29$17,128
Oct 200703,21082.856.92$22,220
Sep 200703,06475.846.24$19,132
Aug 200703,05769.066.39$19,528
Jul 200703,69070.906.39$23,572
Jun 200703,83362.007.55$28,933
May 200703,76958.747.85$29,573
Apr 200704,03459.617.81$31,486
Mar 200704,53456.927.30$33,107
Feb 200703,35855.108.22$27,589
Jan 200704,07850.306.73$27,432
Dec 200603,40356.656.92$23,543
Nov 200603,66154.207.62$27,888
Oct 200604,09254.906.01$24,608
Sep 200603,85860.085.04$19,434
Aug 200603,77068.717.34$27,672
Jul 200603,85869.376.34$24,470
Jun 200603,28366.286.38$20,958
May 200601,00166.016.42$6,431
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20061243,23457.597.75$32,208
Jan 200605,99260.598.93$53,528
Dec 200505,71754.9413.42$76,696
Nov 200505,15354.6910.59$54,562
Oct 200506,12358.3413.80$84,471
Sep 200505,87061.4512.08$70,904
Aug 200505,64561.519.80$55,303
Jul 200506,78155.697.84$53,188
Jun 200507,13352.337.38$52,649
May 200507,13345.226.65$47,443
Apr 200506,68649.207.36$49,212
Mar 200507,29350.377.15$52,181
Feb 200505,89845.226.31$37,228
Jan 20051608,37543.166.32$59,854
Dec 200408,26839.866.75$55,818
Nov 200407,77445.286.33$49,213
Oct 200408,45349.706.52$55,072
Sep 200408,09443.245.28$42,768
Aug 200408,50542.375.55$47,208
Jul 200409,25238.286.08$56,291
Jun 200409,03636.106.43$58,129
May 200409,84537.486.49$63,939
Apr 2004010,01334.475.86$58,661
Mar 200417410,62534.365.53$64,736
Feb 2004010,79032.455.51$59,449
Jan 2004012,09932.036.30$76,219
Dec 2003012,44730.266.30$78,437
Nov 2003012,60928.804.60$57,940
Oct 200317013,52228.174.76$69,149
Sep 2003011,88926.314.75$56,465
Aug 2003013,35929.765.13$68,528
Jul 2003016,27929.415.17$84,176
Jun 2003016,45528.565.98$98,450
May 2003016,67326.595.97$99,582
Apr 2003018,19226.675.41$98,369
Mar 200316019,21531.146.10$122,118
Feb 2003018,28633.487.93$144,933
Jan 2003021,46130.315.58$119,796
Dec 200216022,97126.914.85$115,801
Nov 2002023,02124.664.14$95,237
Oct 200215624,82026.464.23$109,095
Sep 2002026,06227.443.64$94,741
Aug 200214326,83625.963.16$88,626
Jul 2002027,53324.583.06$84,299
Jun 200216325,51323.733.34$89,037
May 2002020,60524.663.58$73,848
Apr 200214922,88723.653.51$83,910
Mar 2002025,57722.003.10$79,358
Feb 200216919,89818.222.38$50,350
Jan 2002020,38117.172.38$48,419
Dec 200117225,71416.932.36$63,710
Nov 200115318,62618.072.41$47,570
Oct 200115929,89219.782.53$78,738
Sep 2001030,62924.262.25$68,956
Aug 200115933,64724.873.05$106,684
Jul 200116335,88023.933.20$118,612
Jun 2001036,25224.563.82$138,633
May 200115540,07125.524.31$176,554
Apr 200117741,33724.685.34$224,914
Mar 200116043,32724.545.38$236,871
Feb 200116541,28327.755.77$242,661
Jan 200115946,08427.478.40$391,416
Dec 200015143,07826.889.12$397,038
Nov 200015720,86832.215.66$123,128
Oct 200016348,22331.235.15$253,222
Sep 200032841,33431.875.19$224,832
Aug 200017232,62729.644.54$153,249
Jul 2000012,70128.534.09$51,944
Jun 200003,85629.304.40$16,956
May 200004,37827.263.68$16,110
Apr 200007,78024.513.12$24,242
Mar 20000028.422.86$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 2011 — as filed, then multipliedworked
Condensate            86 bbl  × $ 98.13 =     $8,439
Gas                    0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                   $8,439

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/177874 is the state's own key, not one this site invented.