PENLEY-ANDERSON

Name: PENLEY-ANDERSON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FUL-HILL OIL & GAS, L.L.P. (P-5 288500) in the MINDEN, E. (TRAVIS PEAK TRANS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10737District 06Field 61796550NGPA filingOilCasinghead gasSave Export

Value, all time

$359 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The MINDEN, E. (TRAVIS PEAK TRANS.) field

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 22 wells, and the rule below applies to all of them.

Discovered

1980-01-28

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “03/28/2006 PER DOCKET 06-0245877.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	9,062 bbl	$246,019
Casinghead gas	Production	35,728 Mcf	$113,445
Total			$359,464

9 Mcf of this lease's gas, across 9 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 32.0966, -94.7420. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09660, -94.74202 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,789 ft

1 wells filed one

Completion to plug

33.8 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 7,789 ft.

Completions filed

May 1982

1 of 1 wells

Plug dates filed

Mar 2016

1 of 1 wells

Last completion to plug: a median of 33.8 years across the 1 well that filed both dates, with the middle half between 33.8 years and 33.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40131404	1	7,789 ft	May 1982	Mar 2016	Yes

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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	78	1	64.39	7.36	$5,030
Mar 2006	150	1	56.70	7.08	$8,512
Feb 2006	175	1	57.59	7.75	$10,086
Jan 2006	3	1	60.59	8.93	$191
Dec 2005	0	1	54.94	13.42	$13
Nov 2005	0	1	54.69	10.59	$11
Oct 2005	152	1	58.34	13.80	$8,881
Sep 2005	1	1	61.45	12.08	$74
Aug 2005	1	1	61.51	9.80	$71
Jul 2005	147	1	55.69	7.84	$8,194
Jun 2005	1	1	52.33	7.38	$60
May 2005	1	1	45.22	6.65	$52
Apr 2005	150	1	49.20	7.36	$7,387
Mar 2005	1	1	50.37	7.15	$58
Feb 2005	0	1	45.22	6.31	$6
Jan 2005	0	1	43.16	6.32	$6
Dec 2004	170	1	39.86	6.75	$6,783
Nov 2004	0	1	45.28	6.33	$6
Oct 2004	1	1	49.70	6.52	$56
Sep 2004	0	1	43.24	5.28	$5
Aug 2004	149	1	42.37	5.55	$6,319
Jul 2004	0	1	38.28	6.08	$6
Jun 2004	1	1	36.10	6.43	$43
May 2004	147	1	37.48	6.49	$5,516
Apr 2004	0	1	34.47	5.86	$6
Mar 2004	1	1	34.36	5.53	$40
Feb 2004	1	1	32.45	5.51	$38
Jan 2004	152	1	32.03	6.30	$4,875
Dec 2003	1	1	30.26	6.30	$37
Nov 2003	0	1	28.80	4.60	$5
Oct 2003	159	1	28.17	4.76	$4,484
Sep 2003	0	1	26.31	4.75	$5
Aug 2003	0	1	29.76	5.13	$5
Jul 2003	155	1	29.41	5.17	$4,564
Jun 2003	0	1	28.56	5.98	$6
May 2003	168	1	26.59	5.97	$4,473
Apr 2003	175	3,053	26.67	5.41	$21,176
Mar 2003	0	1	31.14	6.10	$6
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	0	1	30.31	5.58	$6
Dec 2002	1	1	26.91	4.85	$32
Nov 2002	1	1	24.66	4.14	$29
Oct 2002	1	1	26.46	4.23	$31
Sep 2002	1	2	27.44	3.64	$35
Aug 2002	153	2	25.96	3.16	$3,978
Jul 2002	2	1	24.58	3.06	$52
Jun 2002	0	213	23.73	3.34	$711
May 2002	176	475	24.66	3.58	$6,043
Apr 2002	0	473	23.65	3.51	$1,661
Mar 2002	1	470	22.00	3.10	$1,480
Feb 2002	163	436	18.22	2.38	$4,006
Jan 2002	0	436	17.17	2.38	$1,036
Dec 2001	177	290	16.93	2.36	$3,682
Nov 2001	1	416	18.07	2.41	$1,019
Oct 2001	1	553	19.78	2.53	$1,418
Sep 2001	165	565	24.26	2.25	$5,275
Aug 2001	1	571	24.87	3.05	$1,768
Jul 2001	1	581	23.93	3.20	$1,881
Jun 2001	175	621	24.56	3.82	$6,673
May 2001	1	656	25.52	4.31	$2,851
Apr 2001	2	385	24.68	5.34	$2,103
Mar 2001	165	1	24.54	5.38	$4,054
Feb 2001	1	72	27.75	5.77	$443
Jan 2001	154	77	27.47	8.40	$4,877
Dec 2000	156	241	26.88	9.12	$6,392
Nov 2000	1	367	32.21	5.66	$2,109
Oct 2000	164	410	31.23	5.15	$7,231
Sep 2000	161	446	31.87	5.19	$7,444
Aug 2000	159	634	29.64	4.54	$7,592
Jul 2000	1	823	28.53	4.09	$3,394
Jun 2000	172	1,155	29.30	4.40	$10,118
May 2000	335	1,028	27.26	3.68	$12,915
Apr 2000	1	558	24.51	3.12	$1,763
Mar 2000	321	763	28.42	2.86	$11,305
Feb 2000	188	558	27.62	2.73	$6,714
Jan 2000	187	462	25.27	2.48	$5,871
Dec 1999	0	102	24.28	2.42	$247
Nov 1999	376	940	23.19	2.43	$11,007
Oct 1999	900	1,345	20.98	2.80	$22,653
Sep 1999	973	1,903	21.75	2.62	$26,146
Aug 1999	0	1	19.26	2.88	$3
Jul 1999	0	97	17.89	2.37	$230
Jun 1999	0	130	15.94	2.36	$307
May 1999	0	557	15.79	2.32	$1,293
Apr 1999	0	726	15.10	2.21	$1,603
Mar 1999	193	550	12.47	1.84	$3,418
Feb 1999	0	536	9.98	1.82	$974
Jan 1999	0	704	10.38	1.90	$1,338
Dec 1998	0	526	9.20	1.77	$933
Nov 1998	0	679	10.89	2.19	$1,484
Oct 1998	0	684	12.42	1.97	$1,347
Sep 1998	0	599	12.59	2.08	$1,247
Aug 1998	182	639	11.30	1.91	$3,275
Jul 1998	0	662	11.74	2.24	$1,481
Jun 1998	0	716	11.24	2.24	$1,602
May 1998	186	831	12.62	2.21	$4,181
Apr 1998	185	837	13.04	2.51	$4,509
Mar 1998	1	847	12.80	2.31	$1,969
Feb 1998	0	783	13.95	2.30	$1,800
Jan 1998	0	148	14.70	2.15	$319
Dec 1997	0	3	16.32	2.41	$7
Nov 1997	0	83	18.19	3.09	$256
Oct 1997	189	978	19.25	3.15	$6,719
Sep 1997	0	1,076	17.74	2.95	$3,179
Aug 1997	0	1	17.86	2.55	$3
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	200	18.97	2.31	$462
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	548	0	18.95	1.94	$10,385
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	1	15.03	—	$0
Aug 1993	0	1	15.66	—	$0
Jul 1993	0	1	15.46	—	$0
Jun 1993	0	1	16.79	—	$0
May 1993	0	1	17.68	—	$0
Apr 1993	0	1	18.05	—	$0
Mar 1993	0	1	18.14	—	$0
Feb 1993	0	1	17.90	—	$0
Jan 1993	0	1	16.93	—	$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.

Apr 2006 — as filed, then multipliedworked

Oil                   78 bbl  × $ 64.39 =     $5,022
Casinghead gas         1 Mcf  × $  7.36 =         $7

────────────────────────────────────────────────────
Month total                                   $5,030

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/O/10737 is the state's own key, not one this site invented.