PICHA OIL UNIT

Operated by KEBO OIL & GAS, INC. (P-5 453170) in the TAFT, SOUTH (8500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214816District 04Field 88129960CondensateGasSaveExport
Value, all time
$3.5 M
Jun 2005 – Jul 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
74
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1982-11-15
as the register files it
Field class
Oil and 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 07/01/2008.

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
CondensateDisposition27,813 bbl$1,732,743
GasProduction197,733 Mcf$1,771,449
Total$3,504,192

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 27.9517, -97.4394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.95171, -97.43945 · 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
8,340 ft
1 wells filed one
Completion to plug
6.1 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 8,340 ft.

Completions filed
Jun 2005
1 of 1 wells
Plug dates filed
Jul 2011
1 of 1 wells

Last completion to plug: a median of 6.1 years across the 1 well that filed both dates, with the middle half between 6.1 years and 6.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4093278918,340 ftJun 2005Jul 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 (74)

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

74 months

Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
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 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200872637.105.98$2,707
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200815114.228.48$157
Jul 2008010131.0811.39$114
Jun 2008028131.3313.03$365
May 200811,912123.1711.57$22,253
Apr 20080266110.3110.45$2,781
Mar 200856101.909.66$567
Feb 20084391,18392.538.77$50,996
Jan 20083111,82690.388.21$43,092
Dec 20074313,24988.337.30$61,794
Nov 20074624,32191.677.29$73,859
Oct 20074454,48282.856.92$67,893
Sep 20075494,72875.846.24$71,159
Aug 20074035,56669.066.39$63,386
Jul 2007421,59170.906.39$13,141
Jun 20075505,32562.007.55$74,296
May 20075485,32758.747.85$73,987
Apr 20075404,85059.617.81$70,045
Mar 20075345,41456.927.30$69,928
Feb 20073693,44255.108.22$48,611
Jan 20073714,13250.306.73$46,457
Dec 20065524,96556.656.92$65,621
Nov 20067406,19654.207.62$87,306
Oct 20067346,76854.906.01$80,998
Sep 20067236,07760.085.04$74,049
Aug 20061,0926,73068.717.34$124,429
Jul 20067386,08569.376.34$89,791
Jun 20067341,64166.286.38$59,125
May 20061,07239566.016.42$73,301
Apr 200618727764.397.36$14,080
Mar 20065414,39056.707.08$61,769
Feb 20061,41111,93257.597.75$173,746
Jan 20062,05513,68660.598.93$246,774
Dec 20051,89914,28454.9413.42$295,957
Nov 20051,87913,50054.6910.59$245,706
Oct 20052,31213,10958.3413.80$315,731
Sep 20052,30614,13461.4512.08$312,428
Aug 20052,76515,89561.519.80$325,796
Jul 20050055.697.84$0
Jun 20050052.337.38$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.

Dec 2008 — as filed, then multipliedworked
Condensate            72 bbl  × $ 37.10 =     $2,671
Gas                    6 Mcf  × $  5.98 =        $36

────────────────────────────────────────────────────
Month total                                   $2,707

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/214816 is the state's own key, not one this site invented.