EVERITT

Operated by PALMER PETROLEUM INC. (P-5 636222) in the AVENTURA RANCH (JAMES LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142277District 05Field 04492350CondensateGasSave
Value, all time
$766 k
Jan 1993 – Jul 1997
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
55
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition47,231 bbl$766,121
GasProduction740,307 Mcf$0
Total$766,121

740,307 Mcf of this lease's gas, across 47 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 32.4208, -95.8625. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42082, -95.86248 · 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
8,810 ft
1 wells filed one
Completion to plug
5 months
median over 1 wells

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 8,810 ft.

Completions filed
Dec 1996
1 of 1 wells
Plug dates filed
May 1997
1 of 1 wells

Last completion to plug: a median of 5 months across the 1 well that filed both dates, with the middle half between 5 months and 5 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4673083218,810 ftDec 1996May 1997Yes

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 (55)

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

55 months

Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997753018.972.31$14,284
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960221.97$0
Oct 199615,90023.31$23
Sep 19961845,80922.22$4,088
Aug 19966943,59120.26$14,060
Jul 1996105,35519.55$196
Jun 19963617,86518.73$6,762
May 19961848,78519.43$3,575
Apr 19965508,69421.51$11,831
Mar 199654610,55919.38$10,581
Feb 19963767,91616.98$6,384
Jan 19963595,13017.07$6,128
Dec 199528,41317.19$34
Nov 199539710,27616.00$6,352
Oct 19953626,83015.43$5,586
Sep 19951728,06716.18$2,783
Aug 199574613,79415.92$11,876
Jul 199535915,73215.24$5,471
Jun 199589011,68316.41$14,605
May 199573513,67017.56$12,907
Apr 19951,11113,42117.73$19,698
Mar 19951,29016,15316.44$21,208
Feb 199517913,58516.58$2,968
Jan 19951,10018,21715.92$17,512
Dec 199493514,25515.03$14,053
Nov 199492413,96815.90$14,692
Oct 19941,08116,17915.58$16,842
Sep 19941,62516,76315.29$24,846
Aug 199494717,93516.13$15,275
Jul 199469619,50217.56$12,222
Jun 19941,42919,68817.09$24,422
May 19941,62718,53315.88$25,837
Apr 199460320,54814.14$8,526
Mar 19941,45521,12112.46$18,129
Feb 19941,11117,09712.50$13,888
Jan 19941,53020,70912.66$19,370
Dec 19931,50320,05012.33$18,532
Nov 19931,50718,41014.49$21,836
Oct 19931,33323,05915.85$21,128
Sep 19931,63523,86615.03$24,574
Aug 19931,49125,87815.66$23,349
Jul 19931,85526,32115.46$28,678
Jun 19931,85528,88516.79$31,145
May 19931,12720,22117.68$19,925
Apr 19932,17326,64018.05$39,223
Mar 19932,33329,82718.14$42,321
Feb 19932,20330,20217.90$39,434
Jan 19932,89231,20316.93$48,962

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.

May 1997 — as filed, then multipliedworked
Condensate           753 bbl  × $ 18.97 =    $14,284
Gas                    0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                  $14,284

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. 05/G/142277 is the state's own key, not one this site invented.