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 223447District 04Field 51011029CondensateGasSave
Value, all time
$64.2 M
Oct 2006 – Mar 2011
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
54
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition95,975 bbl$7,089,747
GasProduction7,740,888 Mcf$57,062,093
Total$64,151,841

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 26.5058, -97.8425. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.50584, -97.84248 · 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
14,650 ft
1 wells filed one
Completion to plug
4.4 years
median over 1 wells

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 14,650 ft.

Completions filed
Oct 2006
1 of 1 wells
Plug dates filed
Mar 2011
1 of 1 wells

Last completion to plug: a median of 4.4 years across the 1 well that filed both dates, with the middle half between 4.4 years and 4.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48931156714,650 ftOct 2006Mar 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 (54)

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

54 months

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 20100778.103.51$25
Sep 20100072.633.98$0
Aug 2010019673.684.42$866
Jul 201003772.554.74$175
Jun 20100370.364.91$15
May 20100071.124.24$0
Apr 20101611481.694.12$13,210
Mar 201032661,06878.394.39$293,562
Feb 2010297107,62373.585.44$607,576
Jan 201037865,16474.365.96$416,752
Dec 200922068,02171.445.48$388,727
Nov 200924959,43774.593.75$241,551
Oct 200931161,38572.544.11$274,868
Sep 200930971,92865.543.06$240,693
Aug 200937866,66767.423.22$240,053
Jul 200943754,10961.133.46$214,174
Jun 200955587,97166.163.90$379,366
May 20091,146121,60354.743.93$540,115
Apr 20091,351111,81046.773.59$464,305
Mar 20091,357112,22642.144.06$512,709
Feb 20091,225124,54032.814.63$617,186
Jan 20091,434171,09635.865.37$970,380
Dec 2008906160,99337.105.98$995,890
Nov 200841274,79555.496.86$535,983
Oct 200859561,17775.246.92$468,234
Sep 200877563,127101.767.88$576,121
Aug 20081,502133,452114.228.48$1,303,634
Jul 20081,825195,604131.0811.39$2,467,039
Jun 20081,778214,193131.3313.03$3,025,003
May 20082,676244,425123.1711.57$3,158,649
Apr 20082,483261,753110.3110.45$3,010,491
Mar 20082,784292,317101.909.66$3,108,662
Feb 20083,416274,04192.538.77$2,719,581
Jan 20083,562290,11790.388.21$2,702,555
Dec 20073,707300,18588.337.30$2,519,381
Nov 20074,312288,66491.677.29$2,500,132
Oct 20074,747313,40482.856.92$2,562,665
Sep 20074,548311,79175.846.24$2,291,793
Aug 20075,156332,68369.066.39$2,481,232
Jul 20075,327318,09570.906.39$2,409,656
Jun 20075,195314,88562.007.55$2,698,984
May 20075,279297,94258.747.85$2,647,825
Apr 20075,268299,33159.617.81$2,650,364
Mar 20076,086325,22956.927.30$2,721,228
Feb 20074,444276,61955.108.22$2,517,566
Jan 20075,443318,91650.306.73$2,419,083
Dec 20063,615314,14056.656.92$2,378,148
Nov 2006096,88654.207.62$738,027
Oct 2006021,21954.906.01$127,607

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.

Oct 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.10 =         $0
Gas                    7 Mcf  × $  3.51 =        $25

────────────────────────────────────────────────────
Month total                                      $25

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/223447 is the state's own key, not one this site invented.