PITTS A UNIT

Operated by TANOS EXPLORATION II, LLC (P-5 835976) 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 86762District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$2.5 M
Jan 1993 – Jun 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
330
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
NGPA2none

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
CondensateDisposition11,192 bbl$438,747
GasProduction600,227 Mcf$2,073,520
Total$2,512,267

178,893 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 32.0534, -94.2517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05342, -94.25173 · 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
0.0%
0 of 1 wells
Median depth
9,505 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 9,505 ft.

Completions filed
Jun 2020
1 of 1 wells

1 well

42-3653103319,505 ftJun 2020Yes

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 (330)

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

330 months

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 20171049.413.42$49
Dec 20165748.763.72$270
Nov 20163842.492.64$149
Oct 20161446.193.09$59
Sep 20163041.553.10$125
Aug 2016017841.442.92$521
Jul 2016043641.622.92$1,275
Jun 2016039345.352.69$1,056
May 2016047142.521.99$938
Apr 2016136536.561.99$763
Mar 2016141233.011.79$772
Feb 2016240926.472.06$897
Jan 2016546627.352.36$1,239
Dec 2015348332.362.00$1,064
Nov 2015346038.792.17$1,113
Oct 2015642143.552.43$1,283
Sep 2015439242.992.76$1,253
Aug 2015039940.162.87$1,146
Jul 2015439948.152.95$1,368
Jun 2015255256.152.88$1,704
May 2015250355.212.96$1,597
Apr 2015256149.822.71$1,618
Mar 20151133042.892.93$1,440
Feb 20151936944.662.98$1,947
Jan 20152523743.433.10$1,821
Dec 20142053754.693.59$3,022
Nov 2014101,42670.464.25$6,768
Oct 2014029578.303.90$1,151
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 20110083.623.99$0
Aug 2011132383.404.15$1,424
Jul 2011216994.144.52$952
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 201004472.633.98$175
Aug 2010022173.684.42$977
Jul 2010019372.554.74$914
Jun 20105854470.364.91$6,752
May 201014055471.124.24$12,303
Apr 201019466781.694.12$18,598
Mar 201015745578.394.39$14,304
Feb 201013073.585.44$957
Jan 201014546074.365.96$13,526
Dec 200921064671.445.48$18,545
Nov 20094719174.593.75$4,222
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200942066.163.90$2,779
May 200910247754.743.93$7,456
Apr 200920359446.773.59$11,625
Mar 200926459842.144.06$13,552
Feb 200915743232.814.63$7,153
Jan 200918258135.865.37$9,647
Dec 200837080837.105.98$18,557
Nov 200826974855.496.86$20,058
Oct 20084093575.246.92$9,482
Sep 200841814101.767.88$10,584
Aug 200841903114.228.48$12,343
Jul 2008391,329131.0811.39$20,249
Jun 2008421,216131.3313.03$21,364
May 2008381,797123.1711.57$25,479
Apr 2008251,483110.3110.45$18,262
Mar 2008262,162101.909.66$23,543
Feb 2008131,08692.538.77$10,728
Jan 2008221,40690.388.21$13,526
Dec 2007161,75988.337.30$14,257
Nov 2007723,19891.677.29$29,919
Oct 2007243,33882.856.92$25,094
Sep 2007493,38675.846.24$24,859
Aug 2007493,44169.066.39$25,365
Jul 2007463,60270.906.39$26,271
Jun 20071113,46462.007.55$33,030
May 2007833,83058.747.85$34,927
Apr 2007104,30259.617.81$34,174
Mar 20071574,36456.927.30$40,802
Feb 2007863,91855.108.22$36,929
Jan 2007594,10450.306.73$30,575
Dec 2006904,12756.656.92$33,651
Nov 20061784,06654.207.62$40,620
Oct 20061164,11154.906.01$31,091
Sep 20061494,00560.085.04$29,126
Aug 20061404,26668.717.34$40,932
Jul 20061834,20969.376.34$39,391
Jun 20061773,57266.286.38$34,535
May 2006563,75366.016.42$27,810
Apr 200643,50164.397.36$26,027
Mar 2006403,44156.707.08$26,640
Feb 200672,82857.597.75$22,323
Jan 200652,95360.598.93$26,683
Dec 2005363,02654.9413.42$42,573
Nov 200532,00754.6910.59$21,415
Oct 200502,46258.3413.80$33,965
Sep 2005432,17361.4512.08$28,890
Aug 200512,40261.519.80$23,594
Jul 200542,39455.697.84$19,000
Jun 200522,31752.337.38$17,207
May 2005572,37045.226.65$18,341
Apr 200512,28749.207.36$16,883
Mar 200512,40650.377.15$17,265
Feb 2005962,05145.226.31$17,287
Jan 200512,42343.166.32$15,362
Dec 200432,16239.866.75$14,715
Nov 200412,40245.286.33$15,251
Oct 200412,48349.706.52$16,227
Sep 2004992,43043.245.28$17,121
Aug 200412,50642.375.55$13,952
Jul 200412,58638.286.08$15,772
Jun 2004962,59136.106.43$20,134
May 200421,98437.486.49$12,960
Apr 200402,23734.475.86$13,105
Mar 2004962,42934.365.53$16,731
Feb 200402,25832.455.51$12,441
Jan 2004922,49332.036.30$18,652
Dec 200302,53730.266.30$15,987
Nov 200312,45928.804.60$11,328
Oct 2003942,50128.174.76$14,552
Sep 200322,42426.314.75$11,565
Aug 200302,49829.765.13$12,814
Jul 2003922,52429.415.17$15,757
Jun 200312,39828.565.98$14,376
May 2003942,53526.595.97$17,640
Apr 200302,49126.675.41$13,470
Mar 200322,54631.146.10$15,583
Feb 2003952,28433.487.93$21,283
Jan 200312,56730.315.58$14,359
Dec 2002912,53126.914.85$14,734
Nov 200222,43524.664.14$10,123
Oct 200242,40826.464.23$10,290
Sep 20021012,42127.443.64$11,572
Aug 200202,49525.963.16$7,895
Jul 200232,55624.583.06$7,900
Jun 2002932,48523.733.34$10,502
May 200242,57924.663.58$9,342
Apr 20021012,51423.653.51$11,219
Mar 200272,67622.003.10$8,457
Feb 200222,43218.222.38$5,814
Jan 2002972,68117.172.38$8,035
Dec 200152,72816.932.36$6,535
Nov 2001472,51918.072.41$6,909
Oct 200102,73819.782.53$6,924
Sep 200102,70124.262.25$6,081
Aug 200102,80024.873.05$8,549
Jul 200102,63123.933.20$8,412
Jun 200102,82324.563.82$10,796
May 200103,11125.524.31$13,400
Apr 200103,08824.685.34$16,475
Mar 200103,37424.545.38$18,140
Feb 200103,21327.755.77$18,530
Jan 200103,13727.478.40$26,347
Dec 2000752,04026.889.12$20,626
Nov 200031,52532.215.66$8,725
Oct 200001,13031.235.15$5,814
Sep 2000901,81831.875.19$12,297
Aug 200022,96429.644.54$13,518
Jul 200002,97728.534.09$12,175
Jun 2000932,81929.304.40$15,121
May 200062,96427.263.68$11,070
Apr 2000892,85824.513.12$11,087
Mar 200012,97128.422.86$8,525
Feb 200012,77227.622.73$7,585
Jan 2000962,95525.272.48$9,756
Dec 199913,06224.282.42$7,446
Nov 1999973,12823.192.43$9,863
Oct 199923,27420.982.80$9,221
Sep 1999943,16021.752.62$10,320
Aug 199903,19919.262.88$9,199
Jul 1999983,20017.892.37$9,345
Jun 199913,06115.942.36$7,246
May 1999963,21815.792.32$8,985
Apr 199943,17015.102.21$7,060
Mar 199913,40812.471.84$6,278
Feb 1999943,1249.981.82$6,617
Jan 199903,43310.381.90$6,523
Dec 1998843,6769.201.77$7,292
Nov 199803,31410.892.19$7,243
Oct 199813,35612.421.97$6,621
Sep 1998663,13912.592.08$7,368
Aug 199812,19211.301.91$4,192
Jul 1998663,37911.742.24$8,335
Jun 199813,08111.242.24$6,904
May 199813,37012.622.21$7,448
Apr 1998973,36013.042.51$9,683
Mar 199813,43412.802.31$7,943
Feb 1998823,20713.952.30$8,517
Jan 199813,66514.702.15$7,912
Dec 1997913,80316.322.41$10,655
Nov 199713,65618.193.09$11,309
Oct 1997783,64719.253.15$12,989
Sep 199713,31917.742.95$9,825
Aug 1997943,21217.862.55$9,885
Jul 199753,15317.582.25$7,173
Jun 1997933,28317.242.26$9,014
May 199743,69218.972.31$8,599
Apr 19971003,53117.882.08$9,142
Mar 199743,60918.951.94$7,074
Feb 19971003,48620.492.21$9,739
Jan 199733,93423.483.54$13,996
Dec 199613,77323.32$23
Nov 19961143,58321.97$2,505
Oct 1996933,60723.31$2,168
Sep 199643,55922.22$89
Aug 199613,69720.26$20
Jul 19961003,63319.55$1,955
Jun 19961043,76618.73$1,948
May 199603,76819.43$0
Apr 19961043,37921.51$2,237
Mar 199603,64719.38$0
Feb 1996953,44916.98$1,613
Jan 199603,65817.07$0
Dec 1995823,63917.19$1,410
Nov 1995663,58016.00$1,056
Oct 199503,78515.43$0
Sep 1995593,73516.18$955
Aug 199503,90215.92$0
Jul 1995513,95715.24$777
Jun 199523,59516.41$33
May 1995603,90817.56$1,054
Apr 1995543,55317.73$957
Mar 199523,45516.44$33
Feb 1995563,26716.58$928
Jan 1995573,18215.92$907
Dec 199402,77615.03$0
Nov 1994703,08215.90$1,113
Oct 199413,96415.58$16
Sep 1994653,87715.29$994
Aug 199403,88216.13$0
Jul 19947937917.56$1,387
Jun 1994883,38317.09$1,504
May 199433,69315.88$48
Apr 1994823,74514.14$1,159
Mar 1994883,79912.46$1,096
Feb 19941012,91212.50$1,263
Jan 19941013,64912.66$1,279
Dec 199393,20412.33$111
Nov 1993963,63514.49$1,391
Oct 19931013,71115.85$1,601
Sep 1993945,18415.03$1,413
Aug 1993944,48515.66$1,472
Jul 199324,91115.46$31
Jun 19931024,74116.79$1,713
May 1993974,46617.68$1,715
Apr 1993974,58518.05$1,751
Mar 19931054,26318.14$1,905
Feb 1993964,33717.90$1,718
Jan 1993985,15316.93$1,659

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.

Jan 2017 — as filed, then multipliedworked
Condensate             1 bbl  × $ 49.41 =        $49
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                      $49

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/86762 is the state's own key, not one this site invented.