PALOMAS RANCH

Operated by MESTENA OPERATING, L.L.C. (P-5 562071) in the PALOMAS (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 199722District 04Field 68712365CondensateGasSaveExport
Value, all time
$2.9 M
Jan 2004 – Dec 2014
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
132
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2004-01-27
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 04/01/2009.

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
CondensateDisposition12,097 bbl$838,353
GasProduction351,879 Mcf$2,101,623
Total$2,939,976

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 26.9785, -98.6119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.97847, -98.61191 · 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
0.0%
0 of 1 wells
Median depth
11,000 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 11,000 ft.

Completions filed
Dec 2013
1 of 1 wells

1 well

42-24732274111,000 ftDec 2013Yes

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 (132)

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

132 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201447090.404.86$4,249
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013187186104.113.72$20,160
Aug 201301,590104.253.52$5,601
Jul 201302,261102.523.72$8,406
Jun 20131822,25494.403.93$26,047
May 201301,87094.834.15$7,759
Apr 20131871,95193.964.28$25,926
Mar 201302,18493.623.91$8,546
Feb 20131862,02191.233.42$23,880
Jan 201302,20391.603.42$7,534
Dec 201201,86786.773.42$6,385
Nov 20121872,09086.953.62$23,836
Oct 201202,11489.383.40$7,187
Sep 201202,12194.672.92$6,190
Aug 20121952,14792.662.91$24,313
Jul 201202,00585.133.02$6,057
Jun 20121942,13279.822.52$20,856
May 201202,14691.612.49$5,340
Apr 201202,077101.652.00$4,147
Mar 20121912,167105.052.22$24,880
Feb 201201,917101.102.57$4,927
Jan 20121962,34098.092.73$25,623
Dec 201102,22396.873.24$7,202
Nov 20111942,21295.723.31$25,894
Oct 201102,35184.983.65$8,578
Sep 201102,35483.623.99$9,383
Aug 20111902,40183.404.15$25,809
Jul 201102,31694.144.52$10,462
Jun 20111922,35792.904.64$28,773
May 201102,47498.134.40$10,898
Apr 20111882,347105.964.33$30,091
Mar 201102,33996.364.06$9,490
Feb 20112081,88985.644.18$25,709
Jan 201102,22586.504.59$10,210
Dec 201002,74085.734.35$11,913
Nov 20102092,60980.843.80$26,798
Oct 201002,45978.103.51$8,628
Sep 20101972,14872.633.98$22,856
Aug 201002,68873.684.42$11,879
Jul 20101872,59072.554.74$25,834
Jun 201002,57270.364.91$12,630
May 20101872,70371.124.24$24,747
Apr 201002,41181.694.12$9,940
Mar 20101861,75978.394.39$22,300
Feb 20101912,07073.585.44$25,319
Jan 201002,63574.365.96$15,715
Dec 200902,20171.445.48$12,070
Nov 200902,87074.593.75$10,767
Oct 20091872,90472.544.11$25,501
Sep 20093582,85965.543.06$32,225
Aug 200902,84667.423.22$9,160
Jul 20091742,94061.133.46$20,822
Jun 200904,11466.163.90$16,024
May 200903,68454.743.93$14,462
Apr 200903,90146.773.59$13,995
Mar 20091952,50742.144.06$18,393
Feb 200902,67232.814.63$12,379
Jan 200901,72835.865.37$9,281
Dec 20083601,39337.105.98$21,682
Nov 200802,27255.496.86$15,587
Oct 200801,80775.246.92$12,508
Sep 200802,136101.767.88$16,825
Aug 200802,568114.228.48$21,784
Jul 20083802,439131.0811.39$77,589
Jun 20081732,563131.3313.03$56,123
May 20082022,302123.1711.57$51,524
Apr 200812,025110.3110.45$21,281
Mar 200801,631101.909.66$15,762
Feb 200802,45792.538.77$21,549
Jan 20082001,12690.388.21$27,316
Dec 200702,78288.337.30$20,314
Nov 20071931,47591.677.29$28,448
Oct 200702,16582.856.92$14,986
Sep 200702,15375.846.24$13,444
Aug 20073952,04169.066.39$40,316
Jul 200701,86070.906.39$11,882
Jun 200721,77362.007.55$13,507
May 200701,91658.747.85$15,033
Apr 200722,06959.617.81$16,268
Mar 200702,95156.927.30$21,548
Feb 200701,77655.108.22$14,592
Jan 20073981,28150.306.73$28,636
Dec 20061982,84356.656.92$30,886
Nov 20061622,89454.207.62$30,825
Oct 200602,94454.906.01$17,705
Sep 200603,47460.085.04$17,499
Aug 200603,71568.717.34$27,268
Jul 20065923,93169.376.34$66,000
Jun 200604,45166.286.38$28,415
May 200653,14966.016.42$20,562
Apr 200603,87964.397.36$28,551
Mar 200603,26956.707.08$23,154
Feb 200602,09557.597.75$16,239
Jan 20063632,48860.598.93$44,220
Dec 200503,05954.9413.42$41,038
Nov 200503,46454.6910.59$36,678
Oct 20052051,97158.3413.80$39,151
Sep 200503,00561.4512.08$36,297
Aug 20051933,56661.519.80$46,807
Jul 20051976,34355.697.84$60,723
Jun 200505,23752.337.38$38,655
May 200505,94945.226.65$39,568
Apr 20051916,43049.207.36$56,725
Mar 20054146,88050.377.15$70,079
Feb 20052115,83345.226.31$46,359
Jan 20052013,93443.166.32$33,547
Dec 200403,40339.866.75$22,974
Nov 20044196,87445.286.33$62,488
Oct 200407,19649.706.52$46,883
Sep 20041745,69843.245.28$37,631
Aug 20042066,42442.375.55$44,386
Jul 20042026,51338.286.08$47,359
Jun 20042007,33636.106.43$54,413
May 20042069,08737.486.49$66,737
Apr 20043998,74634.475.86$64,992
Mar 200420610,39334.365.53$64,553
Feb 2004073532.455.51$4,050
Jan 2004521,96932.036.30$14,070

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.

Jan 2014 — as filed, then multipliedworked
Condensate            47 bbl  × $ 90.40 =     $4,249
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                   $4,249

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/199722 is the state's own key, not one this site invented.