PATTON,E.L.

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the ARDIS & LEGGETT (PALUXY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1961District 05Field 03499500OilCasinghead gasSave
Value, all time
$629 k
Jan 1993 – May 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
353
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition15,568 bbl$628,735
Casinghead gasProduction22 Mcf$0
Total$628,735

22 Mcf of this lease's gas, across 22 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 33.2751, -95.6512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27505, -95.65121 · 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
4,764 ft
1 wells filed one
Completion to plug
9.1 years
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 4,764 ft.

Completions filed
Jul 2012
1 of 1 wells
Plug dates filed
Aug 2021
1 of 1 wells

Last completion to plug: a median of 9.1 years across the 1 well that filed both dates, with the middle half between 9.1 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2233007114,764 ftJul 2012Aug 2021Yes

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 (353)

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

353 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131520104.113.72$15,825
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012170086.773.42$14,751
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012138091.612.49$12,642
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011139095.723.31$13,305
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011172083.404.15$14,345
Jul 20110094.144.52$0
Jun 2011180092.904.64$16,722
May 2011163098.134.40$15,995
Apr 201100105.964.33$0
Mar 2011187096.364.06$18,019
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010167072.633.98$12,129
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010179070.364.91$12,594
May 2010169071.124.24$12,019
Apr 2010298081.694.12$24,344
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009311046.773.59$14,545
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009142035.865.37$5,092
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008169075.246.92$12,716
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081770131.0811.39$23,201
Jun 200800131.3313.03$0
May 20081670123.1711.57$20,569
Apr 200800110.3110.45$0
Mar 20081360101.909.66$13,858
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007162091.677.29$14,851
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007169062.007.55$10,478
May 2007306058.747.85$17,974
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006166054.906.01$9,113
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006171069.376.34$11,862
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006161064.397.36$10,367
Mar 20060056.707.08$0
Feb 200643057.597.75$2,476
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005163054.6910.59$8,914
Oct 20050058.3413.80$0
Sep 2005161061.4512.08$9,893
Aug 20050061.519.80$0
Jul 2005144055.697.84$8,019
Jun 20050052.337.38$0
May 2005286045.226.65$12,933
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004180039.866.75$7,175
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004322043.245.28$13,923
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004179036.106.43$6,462
May 20040037.486.49$0
Apr 2004162034.475.86$5,584
Mar 2004182034.365.53$6,254
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003162028.804.60$4,666
Oct 20030028.174.76$0
Sep 2003169026.314.75$4,446
Aug 2003173029.765.13$5,148
Jul 20030029.415.17$0
Jun 2003178028.565.98$5,084
May 2003354026.595.97$9,413
Apr 2003177026.675.41$4,721
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003135030.315.58$4,092
Dec 2002120026.914.85$3,229
Nov 20020024.664.14$0
Oct 2002176026.464.23$4,657
Sep 2002182027.443.64$4,994
Aug 2002174025.963.16$4,517
Jul 20020024.583.06$0
Jun 2002179023.733.34$4,248
May 2002353024.663.58$8,705
Apr 2002172023.653.51$4,068
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 2001176019.782.53$3,481
Sep 20010024.262.25$0
Aug 2001176024.873.05$4,377
Jul 2001357023.933.20$8,543
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001156024.545.38$3,828
Feb 2001159027.755.77$4,412
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000172031.235.15$5,372
Sep 20000031.875.19$0
Aug 2000174029.644.54$5,157
Jul 2000173028.534.09$4,936
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000172024.513.12$4,216
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000168025.272.48$4,245
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999155021.752.62$3,371
Aug 19990019.262.88$0
Jul 1999154017.892.37$2,755
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999176015.102.21$2,658
Mar 1999174012.471.84$2,170
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998177012.421.97$2,198
Sep 19980012.592.08$0
Aug 1998175011.301.91$1,978
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998353013.042.51$4,603
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 1997344017.862.55$6,144
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997177017.882.08$3,165
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996179023.31$4,172
Sep 1996174022.22$3,866
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996178018.73$3,334
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995380017.19$6,532
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995214015.24$3,261
Jun 19950016.41$0
May 19950017.56$0
Apr 1995173017.73$3,067
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 1994172115.58$2,680
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994179117.56$3,143
Jun 19940117.09$0
May 1994164115.88$2,604
Apr 19940114.14$0
Mar 19940112.46$0
Feb 1994175112.50$2,188
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993134115.85$2,124
Sep 19930115.03$0
Aug 1993184115.66$2,881
Jul 1993188115.46$2,906
Jun 1993164116.79$2,754
May 19930117.68$0
Apr 1993166118.05$2,996
Mar 19930118.14$0
Feb 19930117.90$0
Jan 199399116.93$1,676

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.

Sep 2013 — as filed, then multipliedworked
Oil                  152 bbl  × $104.11 =    $15,825
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                  $15,825

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/O/1961 is the state's own key, not one this site invented.