PICKERING LUMBER CO.

Operated by CLASSIC OPERATING CO. LLC (P-5 158288) in the JOAQUIN (JETER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155436District 06Field 46597500CondensateGasSaveExport
Value, all time
$4.8 M
Jul 1995 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1937-09-20
as the register files it
Field class
Oil and 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 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 8-1-93

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
CondensateDisposition5,544 bbl$173,075
GasProduction1,827,862 Mcf$4,588,215
Total$4,761,290

718,722 Mcf of this lease's gas, across 17 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 31.9554, -94.0264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95537, -94.02640 · 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
5,018 ft
1 wells filed one
Completion to plug
19.2 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 5,018 ft.

Completions filed
Jul 1995
1 of 1 wells
Plug dates filed
Sep 2014
1 of 1 wells

Last completion to plug: a median of 19.2 years across the 1 well that filed both dates, with the middle half between 19.2 years and 19.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-419306721-T5,018 ftJul 1995Sep 2014Yes

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 (231)

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

231 months

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 201300104.113.72$0
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 20120086.773.42$0
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 20120091.612.49$0
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 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201114083.623.99$1,171
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
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 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20102273.585.44$158
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20093372.544.11$230
Sep 20098965.543.06$552
Aug 2009991767.423.22$6,729
Jul 20091612561.133.46$1,411
Jun 20091112566.163.90$1,215
May 200906354.743.93$247
Apr 2009018346.773.59$657
Mar 2009047042.144.06$1,908
Feb 2009033532.814.63$1,552
Jan 2009029335.865.37$1,574
Dec 2008085937.105.98$5,134
Nov 2008067455.496.86$4,624
Oct 2008095575.246.92$6,610
Sep 20081091,161101.767.88$20,237
Aug 20080847114.228.48$7,185
Jul 200801,182131.0811.39$13,462
Jun 20080925131.3313.03$12,055
May 200802,256123.1711.57$26,112
Apr 20080527110.3110.45$5,510
Mar 200801,037101.909.66$10,022
Feb 200801,76592.538.77$15,480
Jan 20081651,79190.388.21$29,609
Dec 200703,67288.337.30$26,813
Nov 200703,14791.677.29$22,947
Oct 200703,40782.856.92$23,583
Sep 200702,99375.846.24$18,689
Aug 200704,74369.066.39$30,298
Jul 200701,48170.906.39$9,461
Jun 200703,13062.007.55$23,627
May 200702,72058.747.85$21,342
Apr 200703,13259.617.81$24,446
Mar 200704,52256.927.30$33,020
Feb 200705,23155.108.22$42,978
Jan 200703,88850.306.73$26,154
Dec 20061214,94756.656.92$41,080
Nov 200605,62754.207.62$42,864
Oct 200605,67754.906.01$34,140
Sep 200605,71560.085.04$28,788
Aug 200602,87968.717.34$21,132
Jul 200606,86969.376.34$43,568
Jun 200605,06166.286.38$32,309
May 200605,10066.016.42$32,768
Apr 200604,81364.397.36$35,426
Mar 20061595,06856.707.08$44,912
Feb 200605,27357.597.75$40,872
Jan 200604,66660.598.93$41,683
Dec 200505,44554.9413.42$73,047
Nov 200505,86754.6910.59$62,122
Oct 200506,16058.3413.80$84,982
Sep 200505,03361.4512.08$60,794
Aug 200501,50961.519.80$14,783
Jul 20051623,39055.697.84$35,612
Jun 200503,49652.337.38$25,804
May 200504,51645.226.65$30,037
Apr 200505,49949.207.36$40,475
Mar 20051906,20750.377.15$53,981
Feb 2005265,29045.226.31$34,566
Jan 2005115,50343.166.32$35,266
Dec 2004175,24639.866.75$36,094
Nov 2004133,03845.286.33$19,820
Oct 200406,10449.706.52$39,768
Sep 2004105,89543.245.28$31,581
Aug 2004156,57942.375.55$37,153
Jul 20041744,81738.286.08$35,968
Jun 200405,06836.106.43$32,603
May 2004116,38237.486.49$41,861
Apr 200405,37934.475.86$31,513
Mar 2004257,14534.365.53$40,372
Feb 200486,01332.455.51$33,389
Jan 200406,04132.036.30$38,056
Dec 20031504,62730.266.30$33,697
Nov 2003185,55528.804.60$26,045
Oct 200376,85028.174.76$32,801
Sep 2003136,29926.314.75$30,258
Aug 200348,32029.765.13$42,798
Jul 200373,74329.415.17$19,560
Jun 2003116,26228.565.98$37,779
May 20031276,44926.595.97$41,895
Apr 200307,05126.675.41$38,127
Mar 200376,44531.146.10$39,507
Feb 2003115,79533.487.93$46,299
Jan 20031576,19030.315.58$39,312
Dec 200216,72926.914.85$32,688
Nov 200206,69324.664.14$27,689
Oct 200206,41226.464.23$27,117
Sep 200206,88327.443.64$25,021
Aug 200207,51825.963.16$23,788
Jul 20021588,38224.583.06$29,547
Jun 200247,26623.733.34$24,351
May 200248,31724.663.58$29,907
Apr 200216,42223.653.51$22,580
Mar 200216,68122.003.10$20,751
Feb 20021406,74618.222.38$18,577
Jan 200217,94817.172.38$18,899
Dec 200107,81516.932.36$18,478
Nov 200118,82618.072.41$21,249
Oct 200117,56619.782.53$19,153
Sep 20011318,77924.262.25$22,942
Aug 200134,34824.873.05$13,350
Jul 200158,08723.933.20$25,974
Jun 200115,72724.563.82$21,926
May 20011208,16225.524.31$38,219
Apr 200107,81624.685.34$41,701
Mar 200108,07224.545.38$43,399
Feb 20011507,43627.755.77$47,047
Jan 200108,57527.478.40$72,019
Dec 200008,82926.889.12$80,543
Nov 200008,38332.215.66$47,431
Oct 20001789,32531.235.15$53,541
Sep 200009,38331.875.19$48,665
Aug 200007,20029.644.54$32,693
Jul 200003,24628.534.09$13,275
Jun 20001768,34729.304.40$41,861
May 200016010,45527.263.68$42,833
Apr 2000011,19324.513.12$34,877
Mar 2000011,88328.422.86$33,982
Feb 2000011,90827.622.73$32,467
Jan 200017113,00725.272.48$36,585
Dec 1999012,83324.282.42$31,104
Nov 1999011,29523.192.43$27,492
Oct 199911910,76520.982.80$32,679
Sep 199909,37321.752.62$24,546
Aug 1999011,53619.262.88$33,173
Jul 199912211,62317.892.37$29,757
Jun 1999010,27215.942.36$24,263
May 199906,16715.792.32$14,314
Apr 1999016,39715.102.21$36,205
Mar 199910813,56212.471.84$26,278
Feb 199912414,3319.981.82$27,288
Jan 1999010,21510.381.90$19,408
Dec 199803,8649.201.77$6,852
Nov 199804,08810.892.19$8,935
Oct 199804,31612.421.97$8,499
Sep 1998042512.592.08$885
Aug 199802,01111.301.91$3,836
Jul 199809,22111.742.24$20,630
Jun 19981219,28911.242.24$22,142
May 1998114,41812.622.21$31,824
Apr 1998018,20913.042.51$45,620
Mar 1998018,63612.802.31$43,039
Feb 199813618,79413.952.30$45,107
Jan 1998123,85414.702.15$51,415
Dec 1997026,06216.322.41$62,838
Nov 199712927,74918.193.09$88,043
Oct 1997025,66119.253.15$80,828
Sep 199710629,25817.742.95$88,334
Aug 1997029,59817.862.55$75,615
Jul 1997026,96117.582.25$60,580
Jun 199715222,78417.242.26$54,049
May 1997010,81318.972.31$24,962
Apr 199707,74717.882.08$16,135
Mar 199708,11618.951.94$15,738
Feb 199718,86320.492.21$19,571
Jan 1997111,09623.483.54$39,300
Dec 1996113,73323.32$23
Nov 199611616,58121.97$2,549
Oct 1996623,97723.31$140
Sep 1996225,43222.22$44
Aug 199613029,51820.26$2,634
Jul 1996327,65019.55$59
Jun 1996029,42018.73$0
May 199615337,07519.43$2,973
Apr 1996041,18021.51$0
Mar 199617551,48919.38$3,392
Feb 1996054,79116.98$0
Jan 199617862,82217.07$3,038
Dec 1995065,43117.19$0
Nov 199519360,69216.00$3,088
Oct 1995065,56915.43$0
Sep 199517864,89216.18$2,880
Aug 1995048,47015.92$0
Jul 19950015.24$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.

Sep 2011 — as filed, then multipliedworked
Condensate            14 bbl  × $ 83.62 =     $1,171
Gas                    0 Mcf  × $  3.99 =         $0

────────────────────────────────────────────────────
Month total                                   $1,171

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/155436 is the state's own key, not one this site invented.