LA PALOMA RANCH

Operated by DEWBRE PETROLEUM CORPORATION (P-5 216748) in the CANELO (I-08) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214939District 04Field 15289912CondensateGasSaveExport
Value, all time
$15.1 M
Dec 2005 – Apr 2011
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
65
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
2003-09-29
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: FIELD ADMINISTRATIVELY BALANCED EFF 06/01/10.

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
CondensateDisposition6,414 bbl$437,007
GasProduction1,894,115 Mcf$14,646,476
Total$15,083,484

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 27.2569, -97.8765. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.25685, -97.87654 · 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
9,200 ft
1 wells filed one
Completion to plug
4.8 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 9,200 ft.

Completions filed
Dec 2005
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2733244019,200 ftDec 2005Oct 2010Yes

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 (65)

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

65 months

Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011333086.504.59$28,805
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 2010064773.585.44$3,521
Jan 201001,53474.365.96$9,149
Dec 200901,07971.445.48$5,917
Nov 200901,23574.593.75$4,633
Oct 200901,57572.544.11$6,474
Sep 200901,71165.543.06$5,244
Aug 200901,94167.423.22$6,247
Jul 2009085961.133.46$2,976
Jun 20090066.163.90$0
May 2009015754.743.93$616
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200905,74532.814.63$26,617
Jan 20090035.865.37$0
Dec 200805,41637.105.98$32,372
Nov 2008044,23255.496.86$303,447
Oct 200834843,91275.246.92$330,142
Sep 200819241,605101.767.88$347,264
Aug 2008035,679114.228.48$302,666
Jul 200828,436131.0811.39$96,343
Jun 200817935,404131.3313.03$484,915
May 2008033,730123.1711.57$390,401
Apr 2008038,327110.3110.45$400,703
Mar 200817351,314101.909.66$513,531
Feb 2008244,72792.538.77$392,467
Jan 2008056,54990.388.21$464,026
Dec 2007011,28788.337.30$82,417
Nov 200703,57991.677.29$26,097
Oct 200718457,60682.856.92$413,992
Sep 200733149,71075.846.24$335,500
Aug 2007051,21169.066.39$327,133
Jul 2007045,07870.906.39$287,956
Jun 2007032,44362.007.55$244,894
May 2007036,24058.747.85$284,349
Apr 200736057,28159.617.81$468,549
Mar 200718079,27556.927.30$589,109
Feb 200718176,30955.108.22$636,928
Jan 200734964,16750.306.73$449,196
Dec 200636470,81356.656.92$510,536
Nov 200618164,09754.207.62$498,068
Oct 200618241,37554.906.01$258,813
Sep 2006542,60260.085.04$214,895
Aug 200618642,56768.717.34$325,218
Jul 200653847,83469.376.34$340,721
Jun 2006280,95666.286.38$516,946
May 200635486,24466.016.42$577,485
Apr 200652582,24564.397.36$639,167
Mar 200618386,93656.707.08$626,137
Feb 200653880,96757.597.75$658,568
Jan 200636388,79560.598.93$815,228
Dec 200517958,68454.9413.42$797,104

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 2011 — as filed, then multipliedworked
Condensate           333 bbl  × $ 86.50 =    $28,805
Gas                    0 Mcf  × $  4.59 =         $0

────────────────────────────────────────────────────
Month total                                  $28,805

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/214939 is the state's own key, not one this site invented.