PENA, OLIVIA

Operated by PRICE DRILLING & EXPLORATION CO. (P-5 676740) in the MARSH (GOVERNMENT WELLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10891District 04Field 57690500OilCasinghead gasSaveExport
Value, all time
$107 k
Jan 1993 – May 2005
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
149
no gaps in the span
Streams
2
oil, casinghead 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 8 leases and 10 wells, and the rule below applies to all of them.

Discovered
1956-01-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: NO OIL PROD AT PRESENT

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
OilDisposition6,216 bbl$106,720
Casinghead gasProduction11 Mcf$0
Total$106,720

11 Mcf of this lease's gas, across 11 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 (2)

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 26.8251, -98.8703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

26.82511, -98.87031 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,538 ft
2 wells filed one
Completion to plug
11.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 2,505 and 2,570 ft, median 2,538 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1985 – Feb 1986
2 of 2 wells
Plug dates filed
Jun 1994 – May 2000
2 of 2 wells

Last completion to plug: a median of 11.6 years across the 2 wells that filed both dates, with the middle half between 10.2 years and 12.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2473170622,505 ftFeb 1986May 2000Yes
42-2473167412,570 ftAug 1985Jun 1994Yes

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 (149)

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

149 months

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 200493039.866.75$3,707
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 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998187012.802.31$2,394
Feb 19980013.952.30$0
Jan 1998188014.702.15$2,764
Dec 19970016.322.41$0
Nov 1997185018.193.09$3,365
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997176017.582.25$3,094
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997180017.882.08$3,218
Mar 19970018.951.94$0
Feb 1997182020.492.21$3,729
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996182021.97$3,999
Oct 19960023.31$0
Sep 1996187022.22$4,155
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996175018.73$3,278
May 19960019.43$0
Apr 1996180021.51$3,872
Mar 1996179019.38$3,469
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995184017.19$3,163
Nov 19950016.00$0
Oct 1995182015.43$2,808
Sep 19950016.18$0
Aug 1995187015.92$2,977
Jul 19950015.24$0
Jun 1995184016.41$3,019
May 19950017.56$0
Apr 1995181017.73$3,209
Mar 19950016.44$0
Feb 1995189016.58$3,134
Jan 1995182015.92$2,897
Dec 1994183015.03$2,750
Nov 19940015.90$0
Oct 1994187015.58$2,913
Sep 1994199015.29$3,043
Aug 1994198016.13$3,194
Jul 19940017.56$0
Jun 19940017.09$0
May 1994200015.88$3,176
Apr 19940014.14$0
Mar 1994363012.46$4,523
Feb 19940112.50$0
Jan 19940112.66$0
Dec 1993184112.33$2,269
Nov 19930114.49$0
Oct 1993186015.85$2,948
Sep 19930015.03$0
Aug 19930015.66$0
Jul 1993199115.46$3,077
Jun 1993195116.79$3,274
May 1993185117.68$3,271
Apr 1993199118.05$3,592
Mar 1993355118.14$6,440
Feb 19930117.90$0
Jan 19930116.93$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.

Dec 2004 — as filed, then multipliedworked
Oil                   93 bbl  × $ 39.86 =     $3,707
Casinghead gas         0 Mcf  × $  6.75 =         $0

────────────────────────────────────────────────────
Month total                                   $3,707

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/O/10891 is the state's own key, not one this site invented.