ERCK

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the MCGILL (9400 SEGMENT B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12874District 04Field 59474791OilCasinghead gasSaveExport
Value, all time
$235 k
Nov 1999 – Nov 2002
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
37
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1979-01-30
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

The Commission's schedule remark for this field reads: ALLOC. FORM. SUSP. ADMIN. EFF 10-1-93.

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
OilDisposition1,984 bbl$51,803
Casinghead gasProduction40,338 Mcf$183,620
Total$235,423

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 27.2128, -97.9485. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21283, -97.94851 · 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
9,829 ft
1 wells filed one
Completion to plug
23 months
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 9,829 ft.

Completions filed
Jul 2003
1 of 1 wells
Plug dates filed
Jun 2005
1 of 1 wells

Last completion to plug: a median of 23 months across the 1 well that filed both dates, with the middle half between 23 months and 23 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-26131147329,829 ftJul 2003Jun 2005Yes

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 (37)

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

37 months

Nov 20020024.664.14$0
Oct 200206426.464.23$271
Sep 200203527.443.64$127
Aug 200201225.963.16$38
Jul 2002048624.583.06$1,488
Jun 2002046423.733.34$1,549
May 2002020824.663.58$745
Apr 2002039223.653.51$1,377
Mar 2002025122.003.10$779
Feb 2002031318.222.38$744
Jan 2002041717.172.38$991
Dec 2001635216.932.36$934
Nov 20012738418.072.41$1,412
Oct 20017363919.782.53$3,060
Sep 200112476224.262.25$4,724
Aug 200111293024.873.05$5,625
Jul 20019295423.933.20$5,252
Jun 2001891,20624.563.82$6,798
May 2001901,82725.524.31$10,166
Apr 20011181,77724.685.34$12,393
Mar 2001312,53424.545.38$14,385
Feb 2001284,73627.755.77$28,090
Jan 2001341,88127.478.40$16,732
Dec 2000421,73926.889.12$16,993
Nov 2000321,72332.215.66$10,779
Oct 2000281,70231.235.15$9,632
Sep 2000251,49631.875.19$8,556
Aug 20001431,58729.644.54$11,445
Jul 2000561,48628.534.09$7,675
Jun 2000841,39529.304.40$8,595
May 2000961,35827.263.68$7,614
Apr 20001461,02724.513.12$6,779
Mar 20001551,18728.422.86$7,800
Feb 20001311,48427.622.73$7,664
Jan 20001721,70825.272.48$8,583
Dec 1999501,82224.282.42$5,630
Nov 19990023.192.43$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.

Oct 2002 — as filed, then multipliedworked
Oil                    0 bbl  × $ 26.46 =         $0
Casinghead gas        64 Mcf  × $  4.23 =       $271

────────────────────────────────────────────────────
Month total                                     $271

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/12874 is the state's own key, not one this site invented.