PITTSBURG GAS UNIT #1

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

Gas lease lease 128012District 06Field 71765250Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$20.3 M
Jan 1993 – Nov 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
347
no gaps in the span
Streams
2
condensate, 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1971-10-01
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 320 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FORTH IN DOCKET #6-89699.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition133 bbl$5,170
GasProduction6,915,680 Mcf$20,331,053
Total$20,336,223

2,809,774 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 (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 32.9806, -95.0687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.98064, -95.06874 · 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
12,800 ft
1 wells filed one
Completion to plug
33.3 years
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 12,800 ft.

Completions filed
Jul 1988
1 of 1 wells
Plug dates filed
Nov 2021
1 of 1 wells

Last completion to plug: a median of 33.3 years across the 1 well that filed both dates, with the middle half between 33.3 years and 33.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-063302831X12,800 ftJul 1988Nov 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 (347)

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

347 months

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 201902552.782.49$62
May 2019012258.482.74$334
Apr 2019024,88362.632.75$68,446
Mar 2019028,01356.803.06$85,779
Feb 2019027,81150.852.79$77,654
Jan 2019036,08346.033.23$116,482
Dec 2018028,28346.594.19$118,377
Nov 2018017,32752.934.24$73,419
Oct 2018025,34061.443.40$86,107
Sep 201806,50959.543.11$20,230
Aug 2018023,85359.403.07$73,147
Jul 2018022,58865.142.93$66,225
Jun 201808,86260.183.08$27,268
May 2018017,07265.382.90$49,522
Apr 201804,13263.842.90$11,986
Mar 201802,64961.222.79$7,382
Feb 201803,01961.782.77$8,351
Jan 201801,80062.874.01$7,217
Dec 201705,84257.272.92$17,068
Nov 2017014,51255.423.12$45,254
Oct 2017026,52149.292.98$79,130
Sep 2017022,17147.523.09$68,448
Aug 2017020,81845.373.00$62,546
Jul 201709,41743.873.09$29,073
Jun 2017017,33142.493.09$53,506
May 2017028,45745.373.26$92,867
Apr 2017025,63147.933.21$82,317
Mar 2017010,66546.772.98$31,821
Feb 201703,14950.452.95$9,298
Jan 201704,26149.413.42$14,568
Dec 201605,49148.763.72$20,442
Nov 201604,98942.492.64$13,193
Oct 20160046.193.09$0
Sep 201608,02641.553.10$24,886
Aug 2016011,42941.442.92$33,422
Jul 201604,53641.622.92$13,265
Jun 201607,59145.352.69$20,388
May 2016013,94142.521.99$27,757
Apr 2016092136.561.99$1,834
Mar 201603,66933.011.79$6,582
Feb 2016011,28026.472.06$23,278
Jan 201601,91827.352.36$4,535
Dec 201503,75532.362.00$7,515
Nov 2015016,56738.792.17$35,906
Oct 2015026,25543.552.43$63,710
Sep 2015033,07742.992.76$91,240
Aug 2015016,67040.162.87$47,884
Jul 201509,07848.152.95$26,735
Jun 201508,28156.152.88$23,873
May 2015014,70355.212.96$43,454
Apr 2015010,59449.822.71$28,673
Mar 2015010,49742.892.93$30,806
Feb 201503,35744.662.98$9,991
Jan 2015012,28843.433.10$38,101
Dec 2014020,56654.693.59$73,860
Nov 2014020,50170.464.25$87,167
Oct 2014018,65178.303.90$72,757
Sep 2014017,73486.164.05$71,742
Aug 201407,18789.394.04$29,000
Jul 2014226,05496.564.18$109,088
Jun 2014011,71998.164.74$55,512
May 201408,18994.734.73$38,706
Apr 201407,48595.944.81$35,996
Mar 2014036195.895.06$1,826
Feb 201409,60797.406.19$59,487
Jan 2014012,22290.404.86$59,408
Dec 201306,90891.824.35$30,081
Nov 2013019,94288.853.74$74,549
Oct 201304,39797.423.78$16,618
Sep 201307,626104.113.72$28,351
Aug 201307,854104.253.52$27,667
Jul 201305,114102.523.72$19,013
Jun 2013010,23494.403.93$40,255
May 2013327,75594.834.15$115,442
Apr 2013016,79693.964.28$71,930
Mar 2013118,04393.623.91$70,694
Feb 2013115,39891.233.42$52,751
Jan 2013520,30991.603.42$69,913
Dec 2012020,59486.773.42$70,435
Nov 2012020,41686.953.62$74,007
Oct 2012015,73889.383.40$53,504
Sep 2012014,79494.672.92$43,175
Aug 201203,08692.662.91$8,975
Jul 201201,37785.133.02$4,160
Jun 201205,53879.822.52$13,950
May 201207,74791.612.49$19,277
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012087101.102.57$224
Jan 2012089898.092.73$2,455
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201101,67683.404.15$6,954
Jul 2011064594.144.52$2,914
Jun 2011020,72292.904.64$96,148
May 2011030,49298.134.40$134,312
Apr 201106,916105.964.33$29,969
Mar 2011083196.364.06$3,372
Feb 20110685.644.18$25
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100178.103.51$4
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201003,02872.554.74$14,342
Jun 2010010,83670.364.91$53,209
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201005,94074.365.96$35,427
Dec 2009053271.445.48$2,917
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090467.423.22$13
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009215,40532.814.63$71,437
Jan 2009025,25835.865.37$135,661
Dec 2008027,19937.105.98$162,572
Nov 2008124,54355.496.86$168,429
Oct 2008029,47875.246.92$204,046
Sep 2008033,303101.767.88$262,331
Aug 2008021,502114.228.48$182,402
Jul 2008219,463131.0811.39$221,935
Jun 2008328,651131.3313.03$373,792
May 2008032,143123.1711.57$372,032
Apr 2008029,036110.3110.45$303,567
Mar 2008031,737101.909.66$306,709
Feb 2008031,03092.538.77$272,151
Jan 2008037,12890.388.21$304,662
Dec 2007237,63688.337.30$274,994
Nov 2007039,38591.677.29$287,184
Oct 2007338,51682.856.92$266,856
Sep 2007012,87375.846.24$80,381
Aug 2007611,15069.066.39$71,640
Jul 2007030,15170.906.39$192,603
Jun 2007034,54262.007.55$260,739
May 2007228,94158.747.85$227,197
Apr 2007432,62859.617.81$254,907
Mar 2007023,91056.927.30$174,590
Feb 2007230,09955.108.22$247,404
Jan 2007231,00250.306.73$208,646
Dec 2006031,56056.656.92$218,346
Nov 2006130,75754.207.62$234,345
Oct 2006017,43854.906.01$104,869
Sep 2006120,18860.085.04$101,751
Aug 2006131,41368.717.34$230,638
Jul 2006028,99669.376.34$183,915
Jun 2006230,93166.286.38$197,592
May 2006133,21866.016.42$213,492
Apr 2006021,62364.397.36$159,156
Mar 2006131,83756.707.08$225,556
Feb 2006037,95457.597.75$294,186
Jan 2006342,81960.598.93$382,698
Dec 2005015,53054.9413.42$208,341
Nov 2005020,14554.6910.59$213,303
Oct 2005019,71558.3413.80$271,983
Sep 2005021,07961.4512.08$254,613
Aug 2005010,61161.519.80$103,954
Jul 2005017,51155.697.84$137,350
Jun 2005032,35252.337.38$238,791
May 2005039,64145.226.65$263,659
Apr 2005035,63849.207.36$262,313
Mar 2005018,11250.377.15$129,589
Feb 2005029,10045.226.31$183,677
Jan 2005026,31743.166.32$166,381
Dec 2004035,06139.866.75$236,700
Nov 2004026,88245.286.33$170,174
Oct 2004028,85349.706.52$187,980
Sep 2004021,70843.245.28$114,703
Aug 2004018,70342.375.55$103,814
Jul 2004022,68238.286.08$138,001
Jun 200408,26236.106.43$53,150
May 2004028,50937.486.49$185,154
Apr 2004025,26134.475.86$147,991
Mar 2004018,97934.365.53$104,957
Feb 2004013,77532.455.51$75,895
Jan 2004018,26832.036.30$115,082
Dec 2003014,33730.266.30$90,347
Nov 2003014,37228.804.60$66,042
Oct 200309,30328.174.76$44,279
Sep 2003010,27126.314.75$48,781
Aug 200303,40029.765.13$17,441
Jul 2003012,72429.415.17$65,794
Jun 2003018,90528.565.98$113,108
May 2003020,76926.595.97$124,047
Apr 2003017,98326.675.41$97,239
Mar 2003019,52031.146.10$118,995
Feb 2003017,15033.487.93$135,929
Jan 2003017,49230.315.58$97,641
Dec 2002012,31426.914.85$59,769
Nov 200204,15324.664.14$17,181
Oct 2002020,35626.464.23$86,088
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200201,13923.653.51$4,001
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001053516.932.36$1,265
Nov 2001070818.072.41$1,703
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999018,18612.471.84$33,432
Feb 1999054,3579.981.82$98,810
Jan 1999037,02210.381.90$70,340
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199803,42212.592.08$7,127
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 199802,55911.242.24$5,725
May 19980012.622.21$0
Apr 1998349,95213.042.51$125,185
Mar 1998056,81012.802.31$131,199
Feb 1998651,84613.952.30$119,284
Jan 1998458,20614.702.15$125,481
Dec 1997059,93116.322.41$144,500
Nov 1997056,57118.193.09$174,706
Oct 1997059,67119.253.15$187,953
Sep 1997057,54817.742.95$170,047
Aug 1997061,29217.862.55$156,585
Jul 1997061,14317.582.25$137,385
Jun 1997057,15117.242.26$129,001
May 1997058,54018.972.31$135,140
Apr 1997058,45017.882.08$121,738
Mar 1997062,02018.951.94$120,265
Feb 1997056,73220.492.21$125,145
Jan 1997062,31423.483.54$220,573
Dec 1996064,46223.32$0
Nov 1996040,23821.97$0
Oct 1996050,02223.31$0
Sep 1996063,67622.22$0
Aug 1996063,47120.26$0
Jul 1996062,21619.55$0
Jun 1996057,71618.73$0
May 1996052,97919.43$0
Apr 1996063,46421.51$0
Mar 1996054,26419.38$0
Feb 1996156,10516.98$17
Jan 1996158,93717.07$17
Dec 1995657,99717.19$103
Nov 1995755,86116.00$112
Oct 1995461,74615.43$62
Sep 1995048,12416.18$0
Aug 1995055,45015.92$0
Jul 1995060,59915.24$0
Jun 1995051,10916.41$0
May 1995257,47017.56$35
Apr 1995058,49417.73$0
Mar 1995058,87616.44$0
Feb 1995053,37316.58$0
Jan 1995353,95115.92$48
Dec 1994052,94815.03$0
Nov 1994055,15815.90$0
Oct 1994057,05615.58$0
Sep 1994357,47315.29$46
Aug 1994459,48616.13$65
Jul 1994141,43817.56$18
Jun 1994054,59017.09$0
May 1994061,58615.88$0
Apr 1994056,04714.14$0
Mar 1994058,55012.46$0
Feb 1994058,66712.50$0
Jan 1994265,06312.66$25
Dec 19931064,46412.33$123
Nov 1993457,91714.49$58
Oct 1993564,29515.85$79
Sep 1993466,02615.03$60
Aug 1993263,73515.66$31
Jul 1993366,41215.46$46
Jun 1993663,29416.79$101
May 1993070,96317.68$0
Apr 1993070,59618.05$0
Mar 1993161,27718.14$18
Feb 1993067,51917.90$0
Jan 1993054,61416.93$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.

Jun 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 52.78 =         $0
Gas                   25 Mcf  × $  2.49 =        $62

────────────────────────────────────────────────────
Month total                                      $62

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. 06/G/128012 is the state's own key, not one this site invented.