TATTON, V.H.

Operated by PENNZOIL EXPLORATION & PROD. CO. (P-5 652352) in the VIRGINIA (9900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12049District 04Field 93972315OilCasinghead gasSaveExport
Value, all time
$3.3 M
Jan 1993 – Jun 1998
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
66
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 1 leases and 5 wells, and the rule below applies to all of them.

Discovered
1992-02-25
as the register files it
Field class
Oil
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: CONSOLIDATED INTO VIRGINIA (FRIO CONS.) EFF. 7/1/97./LDP

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
OilDisposition196,986 bbl$3,259,811
Casinghead gasProduction424,476 Mcf$67,010
Total$3,326,821

396,144 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 (5)

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 28.1937, -96.9785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

28.19358, -96.97688 · 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%
5 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
11,798 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 11,017 and 12,673 ft, median 11,798 ft, over the 5 wells that filed a depth.

Completions filed
Jun 1994 – Jul 2006
5 of 5 wells

5 wells

42-007008611611,118 ftJul 2006Yes
42-0073081422 D12,673 ftJul 2006Yes
42-0073064119 D11,017 ftJul 2006Yes
42-007008501312,118 ftJun 1998Yes
42-007009401811,798 ftJun 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 (66)

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

66 months

Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19972,0093,02317.582.25$42,111
Jun 19971,4843,23017.242.26$32,875
May 19971,4442,68418.972.31$33,589
Apr 19972,1177,34317.882.08$53,146
Mar 19972,2673,90818.951.94$50,538
Feb 19971,6313,72520.492.21$41,636
Jan 19972,0714,41923.483.54$64,269
Dec 19962,0586,39623.32$47,993
Nov 19962,2535,24521.97$49,498
Oct 19962,0573,85523.31$47,949
Sep 19962,5755,75622.22$57,217
Aug 19962,0924,50220.26$42,384
Jul 19962,6675,80719.55$52,140
Jun 19962,19510,67718.73$41,112
May 19963,3547,89819.43$65,168
Apr 19963,1539,86521.51$67,821
Mar 19963,4825,30919.38$67,481
Feb 19964,2047,12116.98$71,384
Jan 19963,4256,13517.07$58,465
Dec 19954,7056,54517.19$80,879
Nov 19955,8659,73116.00$93,840
Oct 19955,4456,52515.43$84,016
Sep 19955,5949,88016.18$90,511
Aug 19953,9428,65715.92$62,757
Jul 19955,1848,11315.24$79,004
Jun 19951,9363,79616.41$31,770
May 19951,8054,02317.56$31,696
Apr 19953,4188,54417.73$60,601
Mar 19953,4569,48116.44$56,817
Feb 19953,4037,85416.58$56,422
Jan 19953,1608,83515.92$50,307
Dec 19944,0679,31415.03$61,127
Nov 19946,48515,19615.90$103,112
Oct 19946,87117,03915.58$107,050
Sep 19947,15816,67415.29$109,446
Aug 19948,00318,90416.13$129,088
Jul 19949,14422,64117.56$160,569
Jun 19943,68911,98417.09$63,045
May 19946,22615,19515.88$98,869
Apr 19946,45813,39514.14$91,316
Mar 19944,58211,58812.46$57,092
Feb 19944,8498,25912.50$60,613
Jan 19945,4288,64912.66$68,718
Dec 19933,5016,72512.33$43,167
Nov 19935,7767,56714.49$83,694
Oct 19935,9179,53915.85$93,784
Sep 19936,77711,01415.03$101,858
Aug 19931,7954,03515.66$28,110
Jul 19937752,81415.46$11,982
Jun 19938382,68316.79$14,070
May 19931,0592,57917.68$18,723
Apr 19931,0572,70918.05$19,079
Mar 19937502,78818.14$13,605
Feb 19938182,12617.90$14,642
Jan 19935122,17716.93$8,668

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.

Jul 1997 — as filed, then multipliedworked
Oil                2,009 bbl  × $ 17.58 =    $35,318
Casinghead gas     3,023 Mcf  × $  2.25 =     $6,793

────────────────────────────────────────────────────
Month total                                  $42,111

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/12049 is the state's own key, not one this site invented.