BALLENGER

Operated by PRINCESS THREE OPERATING, LLC (P-5 677993) in the HENDERSON, NE. (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10947District 06Field 40359666NGPA filingOilCasinghead gasSaveExport
Value, all time
$398 k
Jan 1993 – Jan 2007
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
169
no gaps in the span
Streams
2
oil, casinghead 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1967-04-08
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 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.

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
OilDisposition12,130 bbl$254,218
Casinghead gasProduction54,724 Mcf$143,786
Total$398,004

21,556 Mcf of this lease's gas, across 34 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 32.1903, -94.7316. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19027, -94.73160 · 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
7,730 ft
1 wells filed one
Completion to plug
28.0 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 7,730 ft.

Completions filed
Nov 1982
1 of 1 wells
Plug dates filed
Nov 2010
1 of 1 wells

Last completion to plug: a median of 28.0 years across the 1 well that filed both dates, with the middle half between 28.0 years and 28.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4013150927,730 ftNov 1982Nov 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 (169)

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

169 months

Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006719756.707.08$4,713
Feb 20060057.597.75$0
Jan 2006010660.598.93$947
Dec 200517920354.9413.42$12,558
Nov 2005031454.6910.59$3,325
Oct 2005014358.3413.80$1,973
Sep 2005019061.4512.08$2,295
Aug 2005032261.519.80$3,155
Jul 2005034755.697.84$2,722
Jun 200515637952.337.38$10,961
May 2005021745.226.65$1,443
Apr 2005027149.207.36$1,995
Mar 20051821150.377.15$9,246
Feb 200505845.226.31$366
Jan 2005015243.166.32$961
Dec 200401939.866.75$128
Nov 20040045.286.33$0
Oct 20040449.706.52$26
Sep 2004180143.245.28$7,788
Aug 2004013342.375.55$738
Jul 2004020938.286.08$1,272
Jun 200415616636.106.43$6,699
May 2004019937.486.49$1,292
Apr 2004019734.475.86$1,154
Mar 200417838934.365.53$8,267
Feb 2004056732.455.51$3,124
Jan 2004036432.036.30$2,293
Dec 2003046330.266.30$2,918
Nov 200318030528.804.60$6,586
Oct 2003030528.174.76$1,452
Sep 2003012426.314.75$589
Aug 200317324429.765.13$6,400
Jul 2003035729.415.17$1,846
Jun 2003033028.565.98$1,974
May 200315449726.595.97$7,063
Apr 2003036626.675.41$1,979
Mar 2003054531.146.10$3,322
Feb 200316451133.487.93$9,541
Jan 2003030830.315.58$1,719
Dec 200215457626.914.85$6,940
Nov 2002059324.664.14$2,453
Oct 200216544326.464.23$6,239
Sep 200216348127.443.64$6,221
Aug 2002060225.963.16$1,905
Jul 2002055924.583.06$1,712
Jun 200215851423.733.34$5,465
May 2002050324.663.58$1,803
Apr 200216120323.653.51$4,521
Mar 200216453822.003.10$5,277
Feb 2002049718.222.38$1,181
Jan 200216649917.172.38$4,036
Dec 200116863716.932.36$4,350
Nov 200118442818.072.41$4,354
Oct 2001060819.782.53$1,538
Sep 2001060324.262.25$1,358
Aug 2001049924.873.05$1,524
Jul 2001047323.933.20$1,512
Jun 200118187824.563.82$7,803
May 2001063725.524.31$2,744
Apr 2001041124.685.34$2,193
Mar 200117354224.545.38$7,159
Feb 2001029427.755.77$1,696
Jan 2001024027.478.40$2,016
Dec 2000026926.889.12$2,454
Nov 2000029732.215.66$1,680
Oct 2000042731.235.15$2,197
Sep 2000025331.875.19$1,312
Aug 20000029.644.54$0
Jul 2000039828.534.09$1,628
Jun 20000029.304.40$0
May 2000037727.263.68$1,387
Apr 2000062024.513.12$1,932
Mar 2000052028.422.86$1,487
Feb 2000029027.622.73$791
Jan 2000077825.272.48$1,930
Dec 1999091024.282.42$2,206
Nov 199917487023.192.43$6,153
Oct 19991771,12320.982.80$6,862
Sep 199901,01421.752.62$2,656
Aug 19991871,17719.262.88$6,986
Jul 199901,10817.892.37$2,629
Jun 199901,03615.942.36$2,447
May 199903015.792.32$70
Apr 19990015.102.21$0
Mar 1999283012.471.84$3,529
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 199885012.421.97$1,056
Sep 1998184012.592.08$2,317
Aug 19980011.301.91$0
Jul 1998349011.742.24$4,097
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997165016.322.41$2,693
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 1997335017.242.26$5,775
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997205018.951.94$3,885
Feb 1997200020.492.21$4,098
Jan 19970023.483.54$0
Dec 1996186023.32$4,338
Nov 19960021.97$0
Oct 19960023.31$0
Sep 1996195022.22$4,333
Aug 1996178020.26$3,606
Jul 19960019.55$0
Jun 19960018.73$0
May 1996182019.43$3,536
Apr 19960021.51$0
Mar 1996183019.38$3,547
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995195017.19$3,352
Nov 1995179016.00$2,864
Oct 199503115.43$0
Sep 19952073016.18$3,349
Aug 199503115.92$0
Jul 19951883115.24$2,865
Jun 19951823016.41$2,987
May 199503117.56$0
Apr 19951893017.73$3,351
Mar 19951863116.44$3,058
Feb 19951812816.58$3,001
Jan 19951873115.92$2,977
Dec 1994072515.03$0
Nov 199418765015.90$2,973
Oct 19941801,07115.58$2,804
Sep 19941791,25015.29$2,737
Aug 19941851,95116.13$2,984
Jul 19941842,03117.56$3,231
Jun 19941782,10017.09$3,042
May 19941862,32915.88$2,954
Apr 199401,98014.14$0
Mar 19944042,42112.46$5,034
Feb 19941931,81412.50$2,413
Jan 19941841,58312.66$2,329
Dec 199301,11212.33$0
Nov 199301114.49$0
Oct 19931833115.85$2,901
Sep 19931843015.03$2,766
Aug 19931851515.66$2,897
Jul 199301115.46$0
Jun 19930516.79$0
May 19933762617.68$6,648
Apr 19931902918.05$3,430
Mar 199301818.14$0
Feb 19931882817.90$3,365
Jan 19931923116.93$3,251

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 2006 — as filed, then multipliedworked
Oil                   71 bbl  × $ 56.70 =     $4,026
Casinghead gas        97 Mcf  × $  7.08 =       $687

────────────────────────────────────────────────────
Month total                                   $4,713

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/10947 is the state's own key, not one this site invented.