PITA ISLAND TEMPORARY OIL UNIT

Operated by PITTENCRIEFF (GULF COAST), INC. (P-5 665895) in the PITA ISLAND (9250) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12069District 04Field 71723970OilCasinghead gasSaveExport
Value, all time
$381 k
Jan 1993 – Jun 1998
Value, last 12 filed months
$50
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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered
1989-02-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition22,642 bbl$380,555
Casinghead gasProduction80,548 Mcf$0
Total$380,555

80,548 Mcf of this lease's gas, across 45 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 27.5991, -97.2860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

27.59914, -97.28599 · 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
0.0%
0 of 2 wells
Median depth
10,423 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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 10,045 and 10,800 ft, median 10,423 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1995 – Nov 1996
2 of 2 wells

2 wells

42-3553295013R10,045 ftNov 1996Yes
42-355324731010,800 ftAug 1995Yes

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 19981013.042.51$13
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 19971019.253.15$19
Sep 19971017.742.95$18
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19975017.242.26$86
May 19970018.972.31$0
Apr 19973017.882.08$54
Mar 19970018.951.94$0
Feb 199717020.492.21$348
Jan 19970023.483.54$0
Dec 199659023.32$1,376
Nov 19960021.97$0
Oct 19960023.31$0
Sep 199601022.22$0
Aug 199623027720.26$4,660
Jul 199622217219.55$4,340
Jun 199630019918.73$5,619
May 199636329219.43$7,053
Apr 199630829121.51$6,625
Mar 199631534319.38$6,105
Feb 19965212,84116.98$8,847
Jan 19965893,20717.07$10,054
Dec 19957243,95817.19$12,446
Nov 199550857416.00$8,128
Oct 19952706,32115.43$4,166
Sep 19953909,43516.18$6,310
Aug 19952691,11815.92$4,282
Jul 199525366715.24$3,856
Jun 19951,4016,34716.41$22,990
May 19951,2577,00817.56$22,073
Apr 19952803,19417.73$4,964
Mar 19954634,61816.44$7,612
Feb 199545356216.58$7,511
Jan 19955641,51415.92$8,979
Dec 199434978215.03$5,245
Nov 19943005515.90$4,770
Oct 199426568215.58$4,129
Sep 19943861,19115.29$5,902
Aug 199426675916.13$4,291
Jul 199433518817.56$5,883
Jun 199434317217.09$5,862
May 199414411415.88$2,287
Apr 1994257114.14$3,634
Mar 1994584912.46$723
Feb 1994484712.50$600
Jan 1994735012.66$924
Dec 199352052112.33$6,412
Nov 199333979614.49$4,912
Oct 199350277215.85$7,957
Sep 199347180215.03$7,079
Aug 199350881515.66$7,955
Jul 19939981,81615.46$15,429
Jun 19939891,72916.79$16,605
May 19931,2534,01717.68$22,153
Apr 19931,0272,52818.05$18,537
Mar 19931,1883,01418.14$21,550
Feb 19931,0193,32117.90$18,240
Jan 19931,2373,37916.93$20,942

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 1998 — as filed, then multipliedworked
Oil                    1 bbl  × $ 13.04 =        $13
Casinghead gas         0 Mcf  × $  2.51 =         $0

────────────────────────────────────────────────────
Month total                                      $13

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/12069 is the state's own key, not one this site invented.