PUIG KING GAS UNIT

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the LA PERLA (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 72049District 04Field 50925015NGPA filingCondensateGasSaveExport
Value, all time
$58 k
Jan 1993 – Jul 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
163
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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
NGPA1none

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
CondensateDisposition1 bbl$18
GasProduction34,027 Mcf$58,387
Total$58,405

15,631 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.2511, -99.3777. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.25106, -99.37765 · 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
8,820 ft
1 wells filed one
Completion to plug
29.1 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 8,820 ft.

Completions filed
Jun 1977
1 of 1 wells
Plug dates filed
Jul 2006
1 of 1 wells

Last completion to plug: a median of 29.1 years across the 1 well that filed both dates, with the middle half between 29.1 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053053218,820 ftJun 1977Jul 2006Yes

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 (163)

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

163 months

Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004010634.475.86$621
Mar 2004010834.365.53$597
Feb 2004011232.455.51$617
Jan 2004016332.036.30$1,027
Dec 200304630.266.30$290
Nov 200304828.804.60$221
Oct 20030028.174.76$0
Sep 2003012326.314.75$584
Aug 2003034229.765.13$1,754
Jul 2003026029.415.17$1,344
Jun 2003015628.565.98$933
May 200305826.595.97$346
Apr 20030026.675.41$0
Mar 20030131.146.10$6
Feb 2003013833.487.93$1,094
Jan 20030030.315.58$0
Dec 2002012626.914.85$612
Nov 2002035924.664.14$1,485
Oct 2002034026.464.23$1,438
Sep 2002033727.443.64$1,225
Aug 2002048525.963.16$1,535
Jul 200201,24424.583.06$3,809
Jun 2002062023.733.34$2,070
May 2002046624.663.58$1,670
Apr 2002045823.653.51$1,609
Mar 2002016222.003.10$503
Feb 20020218.222.38$5
Jan 2002014917.172.38$354
Dec 2001012316.932.36$291
Nov 2001015918.072.41$382
Oct 2001040119.782.53$1,014
Sep 2001024724.262.25$556
Aug 2001011524.873.05$351
Jul 200109923.933.20$317
Jun 200103924.563.82$149
May 200107825.524.31$336
Apr 2001015624.685.34$832
Mar 2001012924.545.38$694
Feb 2001012427.755.77$715
Jan 200107127.478.40$596
Dec 200005726.889.12$520
Nov 200009132.215.66$515
Oct 2000010231.235.15$525
Sep 2000016431.875.19$851
Aug 2000035229.644.54$1,598
Jul 2000014328.534.09$585
Jun 20000229.304.40$9
May 200003527.263.68$129
Apr 200002124.513.12$65
Mar 2000018528.422.86$529
Feb 2000019027.622.73$518
Jan 2000016025.272.48$397
Dec 1999012124.282.42$293
Nov 1999013423.192.43$326
Oct 199908020.982.80$224
Sep 1999014721.752.62$385
Aug 1999015419.262.88$443
Jul 1999017917.892.37$425
Jun 1999021315.942.36$503
May 1999026815.792.32$622
Apr 1999013515.102.21$298
Mar 1999022412.471.84$412
Feb 199904019.981.82$729
Jan 1999026210.381.90$498
Dec 199801329.201.77$234
Nov 1998013910.892.19$304
Oct 1998016012.421.97$315
Sep 1998014812.592.08$308
Aug 1998017311.301.91$330
Jul 1998021411.742.24$479
Jun 1998025211.242.24$564
May 1998023712.622.21$523
Apr 1998022113.042.51$554
Mar 1998033712.802.31$778
Feb 1998036713.952.30$844
Jan 1998029914.702.15$644
Dec 1997047616.322.41$1,148
Nov 199709018.193.09$278
Oct 199708719.253.15$274
Sep 199701017.742.95$30
Aug 1997032317.862.55$825
Jul 1997032817.582.25$737
Jun 1997034717.242.26$783
May 1997044218.972.31$1,020
Apr 1997047217.882.08$983
Mar 1997038418.951.94$745
Feb 1997036120.492.21$796
Jan 1997042723.483.54$1,511
Dec 1996042923.32$0
Nov 1996045321.97$0
Oct 1996034223.31$0
Sep 1996040622.22$0
Aug 1996052520.26$0
Jul 1996045919.55$0
Jun 1996048418.73$0
May 1996057419.43$0
Apr 1996056621.51$0
Mar 1996069419.38$0
Feb 1996036016.98$0
Jan 1996027217.07$0
Dec 1995060617.19$0
Nov 1995018616.00$0
Oct 199504615.43$0
Sep 1995014916.18$0
Aug 1995020615.92$0
Jul 1995019715.24$0
Jun 1995011716.41$0
May 199503117.56$0
Apr 199509517.73$0
Mar 199507416.44$0
Feb 1995015216.58$0
Jan 1995013015.92$0
Dec 1994032715.03$0
Nov 1994026615.90$0
Oct 1994023315.58$0
Sep 1994023515.29$0
Aug 199405616.13$0
Jul 1994018517.56$0
Jun 1994014117.09$0
May 1994016315.88$0
Apr 1994040914.14$0
Mar 1994032012.46$0
Feb 1994029812.50$0
Jan 1994040312.66$0
Dec 1993033612.33$0
Nov 1993036614.49$0
Oct 1993041915.85$0
Sep 1993051015.03$0
Aug 1993025115.66$0
Jul 1993029115.46$0
Jun 1993043216.79$0
May 1993153017.68$18
Apr 1993045518.05$0
Mar 1993054718.14$0
Feb 1993033017.90$0
Jan 1993057516.93$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.

Apr 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.47 =         $0
Gas                  106 Mcf  × $  5.86 =       $621

────────────────────────────────────────────────────
Month total                                     $621

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/72049 is the state's own key, not one this site invented.