PITTSBURG GAS UNIT NO. 2

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 54568District 06Field 71765250Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$143 k
Jan 1993 – Jul 2010
Value, last 12 filed months
$28
at the published price for each month
Months reported
211
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.

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
CondensateDisposition54 bbl$840
GasProduction503,919 Mcf$141,805
Total$142,645

449,397 Mcf of this lease's gas, across 39 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 32.9837, -95.0597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.98369, -95.05965 · 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
13,050 ft
1 wells filed one
Completion to plug
38.0 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 13,050 ft.

Completions filed
Jul 1972
1 of 1 wells
Plug dates filed
Jul 2010
1 of 1 wells

Last completion to plug: a median of 38.0 years across the 1 well that filed both dates, with the middle half between 38.0 years and 38.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-06330013113,050 ftJul 1972Jul 2010Yes

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 (211)

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

211 months

Jul 20100072.554.74$0
Jun 20100470.364.91$20
May 20100071.124.24$0
Apr 20100281.694.12$8
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 20090546.773.59$18
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200801655.496.86$110
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008014114.228.48$119
Jul 200800131.0811.39$0
Jun 200806131.3313.03$78
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008013101.909.66$126
Feb 20080092.538.77$0
Jan 20080290.388.21$16
Dec 20070088.337.30$0
Nov 20070191.677.29$7
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200701770.906.39$109
Jun 200702162.007.55$159
May 20070358.747.85$24
Apr 20070959.617.81$70
Mar 2007021456.927.30$1,563
Feb 20070055.108.22$0
Jan 200707050.306.73$471
Dec 200604456.656.92$304
Nov 200605254.207.62$396
Oct 20060054.906.01$0
Sep 20060860.085.04$40
Aug 2006014968.717.34$1,094
Jul 20060069.376.34$0
Jun 200601366.286.38$83
May 20060066.016.42$0
Apr 200602564.397.36$184
Mar 200604056.707.08$283
Feb 20060057.597.75$0
Jan 200602960.598.93$259
Dec 20050054.9413.42$0
Nov 2005015454.6910.59$1,631
Oct 200502058.3413.80$276
Sep 20050061.4512.08$0
Aug 200504561.519.80$441
Jul 200502455.697.84$188
Jun 20050052.337.38$0
May 200501645.226.65$106
Apr 20050049.207.36$0
Mar 200502250.377.15$157
Feb 20050345.226.31$19
Jan 200501843.166.32$114
Dec 20040339.866.75$20
Nov 200403545.286.33$222
Oct 20040049.706.52$0
Sep 200403143.245.28$164
Aug 200401442.375.55$78
Jul 200403238.286.08$195
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200401034.475.86$59
Mar 200401034.365.53$55
Feb 200402632.455.51$143
Jan 20040532.036.30$32
Dec 20030030.266.30$0
Nov 200302928.804.60$133
Oct 200301828.174.76$86
Sep 20030026.314.75$0
Aug 200304129.765.13$210
Jul 200303229.415.17$165
Jun 200302028.565.98$120
May 200304026.595.97$239
Apr 200303926.675.41$211
Mar 200307131.146.10$433
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200204926.914.85$238
Nov 20020024.664.14$0
Oct 200203026.464.23$127
Sep 20020027.443.64$0
Aug 200201225.963.16$38
Jul 200201224.583.06$37
Jun 20020023.733.34$0
May 200202424.663.58$86
Apr 200201423.653.51$49
Mar 200201922.003.10$59
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010423.933.20$13
Jun 20010024.563.82$0
May 200102625.524.31$112
Apr 200105024.685.34$267
Mar 200104124.545.38$220
Feb 20010027.755.77$0
Jan 200101027.478.40$84
Dec 200001226.889.12$109
Nov 200002432.215.66$136
Oct 2000022831.235.15$1,173
Sep 20000931.875.19$47
Aug 200007929.644.54$359
Jul 2000040528.534.09$1,656
Jun 2000022929.304.40$1,007
May 20000027.263.68$0
Apr 2000027724.513.12$863
Mar 2000061228.422.86$1,750
Feb 2000037327.622.73$1,017
Jan 200006525.272.48$161
Dec 1999032824.282.42$795
Nov 19990023.192.43$0
Oct 1999075420.982.80$2,114
Sep 1999055921.752.62$1,464
Aug 199909519.262.88$273
Jul 19990017.892.37$0
Jun 1999024315.942.36$574
May 1999027415.792.32$636
Apr 199908415.102.21$185
Mar 1999063312.471.84$1,164
Feb 199901,7939.981.82$3,259
Jan 199901,58910.381.90$3,019
Dec 199801,6849.201.77$2,986
Nov 199801,25310.892.19$2,739
Oct 199802,22912.421.97$4,389
Sep 199807412.592.08$154
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998040711.242.24$911
May 19980012.622.21$0
Apr 199802,62713.042.51$6,582
Mar 199802,18512.802.31$5,046
Feb 199832,15613.952.30$4,999
Jan 199802,32814.702.15$5,016
Dec 199702,29416.322.41$5,531
Nov 199702,51618.193.09$7,770
Oct 199701,43719.253.15$4,526
Sep 199701,37517.742.95$4,063
Aug 199701,80517.862.55$4,611
Jul 199701,64217.582.25$3,689
Jun 199701,70017.242.26$3,837
May 199702,12718.972.31$4,910
Apr 199702,95417.882.08$6,153
Mar 199712,59018.951.94$5,041
Feb 199704,42220.492.21$9,754
Jan 199704,24623.483.54$15,030
Dec 199604,73823.32$0
Nov 1996034221.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 1996062221.51$0
Mar 19960019.38$0
Feb 1996069416.98$0
Jan 19960017.07$0
Dec 199561,05717.19$103
Nov 199551,08616.00$80
Oct 1995165915.43$15
Sep 199502,80816.18$0
Aug 199502,43715.92$0
Jul 199501,19515.24$0
Jun 199501,32516.41$0
May 199501,06817.56$0
Apr 1995046617.73$0
Mar 199504316.44$0
Feb 19950016.58$0
Jan 1995710815.92$111
Dec 199407115.03$0
Nov 1994184915.90$16
Oct 199402,85415.58$0
Sep 199412,39815.29$15
Aug 199404,88516.13$0
Jul 1994010,93617.56$0
Jun 1994619,72817.09$103
May 1994022,86215.88$0
Apr 1994016,82314.14$0
Mar 1994019,55012.46$0
Feb 1994016,02612.50$0
Jan 1994116,96112.66$13
Dec 1993627,30412.33$74
Nov 1993431,97514.49$58
Oct 1993533,24615.85$79
Sep 1993228,27315.03$30
Aug 1993236,12215.66$31
Jul 1993037,61215.46$0
Jun 1993329,19916.79$50
May 1993017,11317.68$0
Apr 1993016,25518.05$0
Mar 1993013,91318.14$0
Feb 1993011,86717.90$0
Jan 1993013,92716.93$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 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.36 =         $0
Gas                    4 Mcf  × $  4.91 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/54568 is the state's own key, not one this site invented.