OAKLAND CORPORATION

Operated by PEGASI OPERATING INC. (P-5 650623) in the KILDARE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 90866District 06Field 49204200NGPA filingCondensateGasSaveExport
Value, all time
$870 k
Jan 1993 – May 2019
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
317
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1972-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
1,000 ft
minimum

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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/96.

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
CondensateDisposition5,327 bbl$205,973
GasProduction260,302 Mcf$664,020
Total$869,993

100,040 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 32.9283, -94.2271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.92828, -94.22707 · 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
10,760 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 10,760 ft.

Completions filed
Feb 1980
1 of 1 wells

1 well

42-06730312110,760 ftFeb 1980Yes

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 (317)

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

317 months

May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019103056.803.06$5,850
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 201802960.183.08$89
May 201802265.382.90$64
Apr 201801063.842.90$29
Mar 20181773061.222.79$10,920
Feb 201802061.782.77$55
Jan 201802162.874.01$84
Dec 201702957.272.92$85
Nov 201702155.423.12$65
Oct 201701649.292.98$48
Sep 20171842247.523.09$8,812
Aug 201702045.373.00$60
Jul 201701243.873.09$37
Jun 20170842.493.09$25
May 201701545.373.26$49
Apr 201702547.933.21$80
Mar 201701146.772.98$33
Feb 201701350.452.95$38
Jan 201713149.413.42$155
Dec 2016922248.763.72$4,568
Nov 20160042.492.64$0
Oct 2016033346.193.09$1,029
Sep 2016022641.553.10$701
Aug 2016042241.442.92$1,234
Jul 2016163841.622.92$1,907
Jun 2016027945.352.69$749
May 201617361542.521.99$8,580
Apr 2016077536.561.99$1,543
Mar 2016145833.011.79$855
Feb 2016098326.472.06$2,029
Jan 2016191827.352.36$2,198
Dec 2015184132.362.00$1,716
Nov 2015092738.792.17$2,009
Oct 2015027643.552.43$670
Sep 2015035642.992.76$982
Aug 2015040740.162.87$1,169
Jul 2015073548.152.95$2,165
Jun 2015069256.152.88$1,995
May 2015047255.212.96$1,395
Apr 201516348749.822.71$9,439
Mar 2015097042.892.93$2,847
Feb 201501,21744.662.98$3,622
Jan 201501,20943.433.10$3,749
Dec 20141621,62654.693.59$14,699
Nov 2014062170.464.25$2,640
Oct 20140078.303.90$0
Sep 2014021586.164.05$870
Aug 201403089.394.04$121
Jul 201405396.564.18$222
Jun 201403398.164.74$156
May 201404194.734.73$194
Apr 201401295.944.81$58
Mar 201404295.895.06$212
Feb 201402497.406.19$149
Jan 20141807090.404.86$16,612
Dec 201305891.824.35$253
Nov 201308288.853.74$307
Oct 201306997.423.78$261
Sep 20130212104.113.72$788
Aug 2013179290104.253.52$19,682
Jul 20130332102.523.72$1,234
Jun 201301594.403.93$59
May 2013014894.834.15$614
Apr 2013017193.964.28$732
Mar 2013040193.623.91$1,569
Feb 2013059891.233.42$2,045
Jan 2013047491.603.42$1,621
Dec 201201,59986.773.42$5,469
Nov 2012078586.953.62$2,846
Oct 2012033389.383.40$1,132
Sep 2012071594.672.92$2,087
Aug 2012088192.662.91$2,562
Jul 2012098885.133.02$2,985
Jun 20121341,07479.822.52$13,401
May 201204591.612.49$112
Apr 20120929101.652.00$1,855
Mar 201201,488105.052.22$3,306
Feb 2012099101.102.57$254
Jan 2012050298.092.73$1,373
Dec 2011022496.873.24$726
Nov 2011087395.723.31$2,891
Oct 2011049684.983.65$1,810
Sep 20111761283.623.99$14,765
Aug 2011046583.404.15$1,929
Jul 201109494.144.52$425
Jun 201107392.904.64$339
May 201102298.134.40$97
Apr 2011025105.964.33$108
Mar 201103996.364.06$158
Feb 2011014085.644.18$585
Jan 201106086.504.59$275
Dec 201006885.734.35$296
Nov 201004480.843.80$167
Oct 201004778.103.51$165
Sep 201005272.633.98$207
Aug 2010015073.684.42$663
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100971.124.24$38
Apr 201004981.694.12$202
Mar 201007178.394.39$312
Feb 2010011173.585.44$604
Jan 201007874.365.96$465
Dec 200908871.445.48$483
Nov 2009025174.593.75$942
Oct 2009026972.544.11$1,106
Sep 2009135165.543.06$8,851
Aug 200907567.423.22$241
Jul 200901861.133.46$62
Jun 200902466.163.90$93
May 200906354.743.93$247
Apr 20091808746.773.59$8,731
Mar 2009038042.144.06$1,542
Feb 2009012432.814.63$574
Jan 2009014735.865.37$790
Dec 2008011737.105.98$699
Nov 2008021255.496.86$1,454
Oct 2008017775.246.92$1,225
Sep 20080146101.767.88$1,150
Aug 20080173114.228.48$1,468
Jul 20080142131.0811.39$1,617
Jun 20080203131.3313.03$2,646
May 20080139123.1711.57$1,609
Apr 20080709110.3110.45$7,413
Mar 20080154101.909.66$1,488
Feb 2008014092.538.77$1,228
Jan 2008013190.388.21$1,075
Dec 2007015188.337.30$1,103
Nov 2007030991.677.29$2,253
Oct 2007024382.856.92$1,682
Sep 2007067975.846.24$4,240
Aug 200718673569.066.39$17,540
Jul 2007049470.906.39$3,156
Jun 200701,39362.007.55$10,515
May 2007075758.747.85$5,940
Apr 20071841,47259.617.81$22,457
Mar 200701,00856.927.30$7,360
Feb 2007043355.108.22$3,558
Jan 200701,09950.306.73$7,393
Dec 2006047456.656.92$3,279
Nov 2006079554.207.62$6,056
Oct 2006096754.906.01$5,815
Sep 200601,00560.085.04$5,062
Aug 200601,54168.717.34$11,311
Jul 2006016669.376.34$1,053
Jun 2006013966.286.38$887
May 2006078066.016.42$5,012
Apr 2006076664.397.36$5,638
Mar 2006053856.707.08$3,811
Feb 2006083657.597.75$6,480
Jan 2006064960.598.93$5,798
Dec 2005022654.9413.42$3,032
Nov 2005044754.6910.59$4,733
Oct 2005066258.3413.80$9,133
Sep 2005027361.4512.08$3,298
Aug 2005078261.519.80$7,661
Jul 2005015855.697.84$1,239
Jun 2005037252.337.38$2,746
May 2005030845.226.65$2,049
Apr 2005069149.207.36$5,086
Mar 200501,03850.377.15$7,427
Feb 2005058745.226.31$3,705
Jan 200501,16143.166.32$7,340
Dec 2004072739.866.75$4,908
Nov 2004088345.286.33$5,590
Oct 200401,64249.706.52$10,698
Sep 2004077943.245.28$4,116
Aug 200401,62342.375.55$9,009
Jul 200402,03838.286.08$12,400
Jun 2004070036.106.43$4,503
May 2004040837.486.49$2,650
Apr 2004077134.475.86$4,517
Mar 200401,00334.365.53$5,547
Feb 2004028232.455.51$1,554
Jan 2004063932.036.30$4,025
Dec 2003088130.266.30$5,552
Nov 2003099528.804.60$4,572
Oct 2003061928.174.76$2,946
Sep 200301,13626.314.75$5,395
Aug 2003075429.765.13$3,868
Jul 2003071329.415.17$3,687
Jun 2003075328.565.98$4,505
May 2003065326.595.97$3,900
Apr 2003084726.675.41$4,580
Mar 200301,02331.146.10$6,236
Feb 200301,17233.487.93$9,289
Jan 200301,17830.315.58$6,576
Dec 200201,05826.914.85$5,135
Nov 200201,39524.664.14$5,771
Oct 2002071526.464.23$3,024
Sep 200201,23527.443.64$4,489
Aug 200201,05825.963.16$3,348
Jul 2002050824.583.06$1,555
Jun 2002045623.733.34$1,522
May 2002072424.663.58$2,595
Apr 2002084723.653.51$2,975
Mar 200201,16422.003.10$3,612
Feb 2002097518.222.38$2,316
Jan 200201,75117.172.38$4,160
Dec 200101,13916.932.36$2,693
Nov 200101,63018.072.41$3,921
Oct 200101,17819.782.53$2,979
Sep 2001034924.262.25$786
Aug 200101,08624.873.05$3,316
Jul 200101,15623.933.20$3,696
Jun 200101,12824.563.82$4,314
May 2001267225.524.31$2,946
Apr 200101,16024.685.34$6,189
Mar 2001073924.545.38$3,973
Feb 2001089527.755.77$5,162
Jan 2001037527.478.40$3,150
Dec 2000031026.889.12$2,828
Nov 2000039632.215.66$2,241
Oct 2000040031.235.15$2,058
Sep 2000042531.875.19$2,204
Aug 2000061029.644.54$2,770
Jul 2000059428.534.09$2,429
Jun 200011,07229.304.40$4,743
May 2000183227.263.68$3,089
Apr 2000082924.513.12$2,583
Mar 2000083128.422.86$2,376
Feb 2000297227.622.73$2,705
Jan 2000095725.272.48$2,374
Dec 199901,00824.282.42$2,443
Nov 199903,21623.192.43$7,828
Oct 199901,23220.982.80$3,454
Sep 199901,14221.752.62$2,991
Aug 1999093219.262.88$2,680
Jul 19991741,24217.892.37$6,059
Jun 199911,30115.942.36$3,089
May 199901,80315.792.32$4,185
Apr 199921,55115.102.21$3,455
Mar 199901,52412.471.84$2,802
Feb 199901,4159.981.82$2,572
Jan 19991321,37510.381.90$3,983
Dec 199809789.201.77$1,734
Nov 199801,71710.892.19$3,753
Oct 1998078112.421.97$1,538
Sep 1998265112.592.08$1,381
Aug 1998092811.301.91$1,770
Jul 1998071711.742.24$1,604
Jun 1998054211.242.24$1,213
May 199821,02412.622.21$2,285
Apr 1998058013.042.51$1,453
Mar 199801,64612.802.31$3,801
Feb 199801,39113.952.30$3,198
Jan 199801,65114.702.15$3,558
Dec 199701,37216.322.41$3,308
Nov 199701,56818.193.09$4,842
Oct 199719379819.253.15$6,229
Sep 199701,31917.742.95$3,897
Aug 199711,31917.862.55$3,388
Jul 1997078917.582.25$1,773
Jun 1997064817.242.26$1,463
May 199701,26418.972.31$2,918
Apr 199701,03417.882.08$2,154
Mar 199701,13618.951.94$2,203
Feb 19971841,46220.492.21$6,995
Jan 199702,39223.483.54$8,467
Dec 199601,80723.32$0
Nov 199601,83521.97$0
Oct 199642,05423.31$93
Sep 199601,74122.22$0
Aug 199601,55820.26$0
Jul 19961491,55819.55$2,913
Jun 199612,14018.73$19
May 199602,54619.43$0
Apr 19961652,01421.51$3,549
Mar 199601,45119.38$0
Feb 199601,70916.98$0
Jan 19961651,35717.07$2,817
Dec 199501,82917.19$0
Nov 19951932,51816.00$3,088
Oct 199502,14515.43$0
Sep 199502,39916.18$0
Aug 199502,33915.92$0
Jul 199501,76815.24$0
Jun 1995055716.41$0
May 199520198117.56$3,530
Apr 19951982,45217.73$3,511
Mar 199502,07816.44$0
Feb 199501,69716.58$0
Jan 199501,86115.92$0
Dec 199433,04115.03$45
Nov 19941873,23215.90$2,973
Oct 1994084715.58$0
Sep 1994049915.29$0
Aug 199442,59116.13$65
Jul 19941862,41017.56$3,266
Jun 199402,22917.09$0
May 199402,19315.88$0
Apr 199402,42214.14$0
Mar 19941932,57912.46$2,405
Feb 199402,75712.50$0
Jan 199401,96712.66$0
Dec 199302,38212.33$0
Nov 199302,92614.49$0
Oct 199302,49615.85$0
Sep 199301,35215.03$0
Aug 19931832,63815.66$2,866
Jul 199303,06615.46$0
Jun 199319024916.79$3,190
May 199302,33117.68$0
Apr 199302,66018.05$0
Mar 19931953,11818.14$3,537
Feb 199302,52017.90$0
Jan 199303,14116.93$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.

Mar 2019 — as filed, then multipliedworked
Condensate           103 bbl  × $ 56.80 =     $5,850
Gas                    0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $5,850

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/90866 is the state's own key, not one this site invented.