PETRU, V. A.

Operated by XTO ENERGY INC. (P-5 945936) in the LA SAL VIEJA (DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 205748District 04Field 510110292 tax incentive programmesCondensateGasSaveExport
Value, all time
$128.7 M
Jun 2004 – Jul 2013
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
110
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1992-07-03
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 03/01/2005.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas222005-04-27 – 2010-04-072 dockets
NGPA2none

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.

StreamBasisVolumeValue
CondensateDisposition644,556 bbl$33,645,740
GasProduction12,702,278 Mcf$95,039,365
Total$128,685,106

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 26.5153, -97.8369. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.51525, -97.83691 · 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
14,850 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 14,850 ft.

Completions filed
Jul 2013
1 of 1 wells

1 well

42-489310863ST14,850 ftJul 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 (110)

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

110 months

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201307994.834.15$328
Apr 20131719293.964.28$2,420
Mar 20131318293.623.91$1,929
Feb 2013416891.233.42$939
Jan 2013219591.603.42$850
Dec 2012030986.773.42$1,057
Nov 2012018586.953.62$671
Oct 2012014889.383.40$503
Sep 2012814294.672.92$1,172
Aug 2012519792.662.91$1,036
Jul 2012317385.133.02$778
Jun 20121347579.822.52$2,234
May 20121149691.612.49$2,242
Apr 20125832101.652.00$2,170
Mar 20127889105.052.22$2,711
Feb 201217872101.102.57$3,960
Jan 20121393998.092.73$3,842
Dec 20111096796.873.24$4,102
Nov 2011101,24595.723.31$5,080
Oct 2011101,28284.983.65$5,527
Sep 201181,32983.623.99$5,966
Aug 2011111,39083.404.15$6,685
Jul 201141,41794.144.52$6,777
Jun 201151,60492.904.64$7,907
May 201121,76898.134.40$7,984
Apr 201171,097105.964.33$5,495
Mar 2011095996.364.06$3,891
Feb 201101,21985.644.18$5,095
Jan 201101,01286.504.59$4,644
Dec 2010071185.734.35$3,091
Nov 201001,14980.843.80$4,361
Oct 201001,29178.103.51$4,530
Sep 201001,39072.633.98$5,531
Aug 201002,06273.684.42$9,113
Jul 201003,02072.554.74$14,304
Jun 201003,22370.364.91$15,826
May 201004,43771.124.24$18,792
Apr 201004,41681.694.12$18,206
Mar 201004,86578.394.39$21,351
Feb 201004,90273.585.44$26,678
Jan 201006,01274.365.96$35,856
Dec 200906,48171.445.48$35,540
Nov 200906,41274.593.75$24,055
Oct 200906,34872.544.11$26,092
Sep 200906,94565.543.06$21,285
Aug 200906,75467.423.22$21,738
Jul 200905,81761.133.46$20,153
Jun 20090066.163.90$0
May 200905154.743.93$200
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090332.814.63$14
Jan 20090535.865.37$27
Dec 20080237.105.98$12
Nov 200842055.496.86$2,331
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200806114.228.48$51
Jul 200810131.0811.39$131
Jun 2008047131.3313.03$613
May 200800123.1711.57$0
Apr 2008806110.3110.45$8,888
Mar 200872217,989101.909.66$247,419
Feb 200861214,25392.538.77$181,635
Jan 20084866,40990.388.21$96,515
Dec 20071,84946,96288.337.30$506,237
Nov 20073,14380,13391.677.29$872,425
Oct 20073,63899,99282.856.92$993,551
Sep 20073,589107,11775.846.24$941,045
Aug 20074,399125,86669.066.39$1,107,819
Jul 20075,062135,82670.906.39$1,226,544
Jun 20074,635143,63262.007.55$1,371,569
May 20073,963101,56958.747.85$1,029,725
Apr 20073,955112,62159.617.81$1,114,787
Mar 20075,115136,21256.927.30$1,285,762
Feb 20074,215126,92055.108.22$1,275,021
Jan 20075,681158,32850.306.73$1,350,803
Dec 20067,404175,34156.656.92$1,632,523
Nov 20065,653169,80754.207.62$1,599,894
Oct 20066,689185,76654.906.01$1,484,386
Sep 20067,059194,75760.085.04$1,405,135
Aug 20068,775214,89368.717.34$2,180,228
Jul 20068,410236,25669.376.34$2,081,917
Jun 20069,781249,45666.286.38$2,240,782
May 20069,603256,36066.016.42$2,281,007
Apr 200611,388276,74564.397.36$2,770,249
Mar 200613,657321,17856.707.08$3,049,230
Feb 200613,183299,00757.597.75$3,076,848
Jan 200616,043345,22960.598.93$4,056,087
Dec 200516,141350,96354.9413.42$5,595,096
Nov 200516,922327,73254.6910.59$4,395,622
Oct 200518,370360,72158.3413.80$6,048,126
Sep 200519,652357,01561.4512.08$5,520,000
Aug 200522,055411,35061.519.80$5,386,533
Jul 200526,745441,78255.697.84$4,954,608
Jun 200526,795444,60552.337.38$4,683,830
May 200524,757454,13345.226.65$4,140,023
Apr 200525,051416,36549.207.36$4,297,155
Mar 200531,284528,57350.377.15$5,357,651
Feb 200528,723510,06545.226.31$4,518,344
Jan 200531,649536,57243.166.32$4,758,286
Dec 200426,353471,74239.866.75$4,235,199
Nov 200428,516460,89345.286.33$4,208,851
Oct 200432,750520,35749.706.52$5,017,853
Sep 200432,750529,42243.245.28$4,213,523
Aug 200425,043405,14542.375.55$3,309,894
Jul 200432,679534,46838.286.08$4,502,752
Jun 20049,304203,63436.106.43$1,645,856

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 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.83 =         $0
Gas                   79 Mcf  × $  4.15 =       $328

────────────────────────────────────────────────────
Month total                                     $328

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/205748 is the state's own key, not one this site invented.