PIRKLE, L.H.

Operated by XTO ENERGY INC. (P-5 945936) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240049District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jul 2008 – Mar 2018
Value, last 12 filed months
$35
at the published price for each month
Months reported
117
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
High Cost Gas112009-01-15188421
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
CondensateDisposition5,413 bbl$377,338
GasProduction380,982 Mcf$1,716,625
Total$2,093,963

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 32.1134, -94.3607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11336, -94.36072 · 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
9,431 ft
1 wells filed one
Completion to plug
11.4 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 9,431 ft.

Completions filed
Oct 2006
1 of 1 wells
Plug dates filed
Mar 2018
1 of 1 wells

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36534875119,431 ftOct 2006Mar 2018Yes

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 (117)

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

117 months

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 201701147.933.21$35
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 20161041.553.10$42
Aug 20163241.442.92$130
Jul 201613141.622.92$544
Jun 20161824645.352.69$1,477
May 20164831042.521.99$2,658
Apr 20163032036.561.99$1,734
Mar 20164957033.011.79$2,640
Feb 2016321,04126.472.06$2,995
Jan 20165295327.352.36$3,675
Dec 2015461,41832.362.00$4,327
Nov 2015141,20438.792.17$3,153
Oct 2015612243.552.43$557
Sep 20151042.992.76$43
Aug 201594440.162.87$488
Jul 2015351,86748.152.95$7,184
Jun 2015301,66856.152.88$6,493
May 2015231,32255.212.96$5,177
Apr 2015322,54049.822.71$8,469
Mar 2015432,39342.892.93$8,867
Feb 2015272,36544.662.98$8,245
Jan 2015272,43143.433.10$8,710
Dec 2014262,76854.693.59$11,363
Nov 2014342,31270.464.25$12,226
Oct 2014232,61378.303.90$11,994
Sep 2014252,71586.164.05$13,137
Aug 2014203,01389.394.04$13,946
Jul 2014232,75496.564.18$13,732
Jun 2014272,86298.164.74$16,207
May 2014283,17194.734.73$17,640
Apr 2014463,45595.944.81$21,029
Mar 2014382,34295.895.06$15,487
Feb 2014483,04497.406.19$23,524
Jan 2014383,14190.404.86$18,703
Dec 2013433,33391.824.35$18,462
Nov 2013383,58988.853.74$16,793
Oct 2013353,36897.423.78$16,139
Sep 2013503,027104.113.72$16,459
Aug 2013353,380104.253.52$15,555
Jul 2013343,408102.523.72$16,156
Jun 2013423,48194.403.93$17,657
May 2013563,87794.834.15$21,396
Apr 2013374,06993.964.28$20,902
Mar 2013401,57493.623.91$9,904
Feb 20134430191.233.42$5,044
Jan 20135240091.603.42$6,131
Dec 20124671386.773.42$6,430
Nov 20122277786.953.62$4,729
Oct 2012423,98389.383.40$17,295
Sep 2012264,13894.672.92$14,538
Aug 2012294,92192.662.91$16,998
Jul 2012375,06085.133.02$18,435
Jun 2012445,66279.822.52$17,775
May 2012575,09591.612.49$17,900
Apr 2012354,246101.652.00$12,036
Mar 20126313105.052.22$1,326
Feb 20129203101.102.57$1,432
Jan 20121878098.092.73$3,898
Dec 2011502,52196.873.24$13,011
Nov 2011624,66995.723.31$21,395
Oct 2011494,73784.983.65$21,447
Sep 201104,79483.623.99$19,108
Aug 201105,53283.404.15$22,954
Jul 201106,66594.144.52$30,107
Jun 201106,31492.904.64$29,296
May 201106,62298.134.40$29,169
Apr 201106,651105.964.33$28,821
Mar 201106,30596.364.06$25,582
Feb 201106,01685.644.18$25,147
Jan 201107,04786.504.59$32,337
Dec 201007,07985.734.35$30,778
Nov 201007,14580.843.80$27,118
Oct 2010447,55278.103.51$29,936
Sep 20101876,65272.633.98$40,053
Aug 20102217,31873.684.42$48,624
Jul 20101817,19272.554.74$47,196
Jun 20102136,68670.364.91$47,818
May 20102677,12471.124.24$49,161
Apr 20102088,13781.694.12$50,538
Mar 2010147,13378.394.39$32,402
Feb 2010177,35373.585.44$41,269
Jan 201094,17474.365.96$25,563
Dec 2009202,54471.445.48$15,379
Nov 2009212,82574.593.75$12,164
Oct 2009222,59472.544.11$12,258
Sep 2009213,06465.543.06$10,767
Aug 2009213,51567.423.22$12,729
Jul 2009182,50661.133.46$9,782
Jun 2009282,75066.163.90$12,564
May 2009574,01354.743.93$18,874
Apr 20091595,22046.773.59$26,163
Mar 20092107,66042.144.06$39,941
Feb 20092046,38732.814.63$36,284
Jan 20091748,43435.865.37$51,539
Dec 200825810,18537.105.98$70,449
Nov 20082899,81055.496.86$83,337
Oct 200821710,09875.246.92$86,225
Sep 200823210,248101.767.88$104,333
Aug 20081487,770114.228.48$82,818
Jul 200805,225131.0811.39$59,510

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.

Apr 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 47.93 =         $0
Gas                   11 Mcf  × $  3.21 =        $35

────────────────────────────────────────────────────
Month total                                      $35

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/240049 is the state's own key, not one this site invented.