PENN FEE OU 5

Name: PENN FEE OU 5 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the TALCO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12689District 06Field 88207001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$907 k

Jan 1993 – Jul 2011

Value, last 12 filed months

at the published price for each month

Months reported

222

1 month not filed

Streams

oil, casinghead gas

The TALCO 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 229 leases and 1,675 wells, and the rule below applies to all of them.

Discovered

1936-03-16

as the register files it

Field class

Oil

the register's own label

Between wells

0 ft

minimum

From a lease line

233 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2012-11-06.

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: “NON-CURRENT RESTR.REMOVED ALSO FOR API#(159-30200,30572)-HAGANSPOR”

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	39,672 bbl	$907,233
Casinghead gas	Production	23 Mcf	$0
Total			$907,233

23 Mcf of this lease's gas, across 23 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 33.3421, -95.2026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34205, -95.20259 · 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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

4,446 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

00.0%

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.

1100.0%

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 4,446 ft.

Completions filed

Dec 1989

1 of 1 wells

1 well


42-15930465	1	4,446 ft	Dec 1989	—	—

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 (222)

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

222 months


Jul 2011	0	0	94.14	4.52	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	30	0	110.31	10.45	$3,309
Mar 2008	84	0	101.90	9.66	$8,560
Feb 2008	76	0	92.53	8.77	$7,032
Jan 2008	95	0	90.38	8.21	$8,586
Dec 2007	100	0	88.33	7.30	$8,833
Nov 2007	99	0	91.67	7.29	$9,075
Oct 2007	91	0	82.85	6.92	$7,539
Sep 2007	88	0	75.84	6.24	$6,674
Aug 2007	63	0	69.06	6.39	$4,351
Jul 2007	82	0	70.90	6.39	$5,814
Jun 2007	29	0	62.00	7.55	$1,798
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	16	0	55.10	8.22	$882
Jan 2007	99	0	50.30	6.73	$4,980
Dec 2006	18	0	56.65	6.92	$1,020
Nov 2006	88	0	54.20	7.62	$4,770
Oct 2006	107	0	54.90	6.01	$5,874
Sep 2006	42	0	60.08	5.04	$2,523
Aug 2006	2	0	68.71	7.34	$137
Jul 2006	32	0	69.37	6.34	$2,220
Jun 2006	138	0	66.28	6.38	$9,147
May 2006	153	0	66.01	6.42	$10,100
Apr 2006	110	0	64.39	7.36	$7,083
Mar 2006	151	0	56.70	7.08	$8,562
Feb 2006	141	0	57.59	7.75	$8,120
Jan 2006	196	0	60.59	8.93	$11,876
Dec 2005	154	0	54.94	13.42	$8,461
Nov 2005	72	0	54.69	10.59	$3,938
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	3	0	61.45	12.08	$184
Aug 2005	40	0	61.51	9.80	$2,460
Jul 2005	142	0	55.69	7.84	$7,908
Jun 2005	139	0	52.33	7.38	$7,274
May 2005	149	0	45.22	6.65	$6,738
Apr 2005	133	0	49.20	7.36	$6,544
Mar 2005	39	0	50.37	7.15	$1,964
Feb 2005	31	0	45.22	6.31	$1,402
Jan 2005	77	0	43.16	6.32	$3,323
Dec 2004	106	0	39.86	6.75	$4,225
Nov 2004	2	0	45.28	6.33	$91
Oct 2004	43	0	49.70	6.52	$2,137
Sep 2004	26	0	43.24	5.28	$1,124
Aug 2004	104	0	42.37	5.55	$4,406
Jul 2004	129	0	38.28	6.08	$4,938
Jun 2004	115	0	36.10	6.43	$4,152
May 2004	132	0	37.48	6.49	$4,947
Apr 2004	130	0	34.47	5.86	$4,481
Mar 2004	157	0	34.36	5.53	$5,395
Feb 2004	135	0	32.45	5.51	$4,381
Jan 2004	129	0	32.03	6.30	$4,132
Dec 2003	121	0	30.26	6.30	$3,661
Nov 2003	162	0	28.80	4.60	$4,666
Oct 2003	222	0	28.17	4.76	$6,254
Sep 2003	181	0	26.31	4.75	$4,762
Aug 2003	155	0	29.76	5.13	$4,613
Jul 2003	185	0	29.41	5.17	$5,441
Jun 2003	116	0	28.56	5.98	$3,313
May 2003	94	0	26.59	5.97	$2,499
Apr 2003	112	0	26.67	5.41	$2,987
Mar 2003	81	0	31.14	6.10	$2,522
Feb 2003	77	0	33.48	7.93	$2,578
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	16	0	26.46	4.23	$423
Sep 2002	6	0	27.44	3.64	$165
Aug 2002	115	0	25.96	3.16	$2,985
Jul 2002	120	0	24.58	3.06	$2,950
Jun 2002	152	0	23.73	3.34	$3,607
May 2002	73	0	24.66	3.58	$1,800
Apr 2002	134	0	23.65	3.51	$3,169
Mar 2002	198	0	22.00	3.10	$4,356
Feb 2002	339	0	18.22	2.38	$6,177
Jan 2002	563	0	17.17	2.38	$9,667
Dec 2001	198	0	16.93	2.36	$3,352
Nov 2001	172	0	18.07	2.41	$3,108
Oct 2001	202	0	19.78	2.53	$3,996
Sep 2001	180	0	24.26	2.25	$4,367
Aug 2001	235	0	24.87	3.05	$5,844
Jul 2001	322	0	23.93	3.20	$7,705
Jun 2001	175	0	24.56	3.82	$4,298
May 2001	303	0	25.52	4.31	$7,733
Apr 2001	316	0	24.68	5.34	$7,799
Mar 2001	232	0	24.54	5.38	$5,693
Feb 2001	177	0	27.75	5.77	$4,912
Jan 2001	282	0	27.47	8.40	$7,747
Dec 2000	239	0	26.88	9.12	$6,424
Nov 2000	330	0	32.21	5.66	$10,629
Oct 2000	222	0	31.23	5.15	$6,933
Sep 2000	185	0	31.87	5.19	$5,896
Aug 2000	237	0	29.64	4.54	$7,025
Jul 2000	188	0	28.53	4.09	$5,364
Jun 2000	313	0	29.30	4.40	$9,171
May 2000	169	0	27.26	3.68	$4,607
Apr 2000	254	0	24.51	3.12	$6,226
Mar 2000	263	0	28.42	2.86	$7,474
Feb 2000	211	0	27.62	2.73	$5,828
Jan 2000	282	0	25.27	2.48	$7,126
Dec 1999	378	0	24.28	2.42	$9,178
Nov 1999	148	0	23.19	2.43	$3,432
Oct 1999	227	0	20.98	2.80	$4,762
Sep 1999	153	0	21.75	2.62	$3,328
Aug 1999	277	0	19.26	2.88	$5,335
Jul 1999	236	0	17.89	2.37	$4,222
Jun 1999	350	0	15.94	2.36	$5,579
May 1999	226	0	15.79	2.32	$3,569
Apr 1999	286	0	15.10	2.21	$4,319
Mar 1999	390	0	12.47	1.84	$4,863
Feb 1999	180	0	9.98	1.82	$1,796
Jan 1999	260	0	10.38	1.90	$2,699
Dec 1998	150	0	9.20	1.77	$1,380
Nov 1998	247	0	10.89	2.19	$2,690
Oct 1998	285	0	12.42	1.97	$3,540
Sep 1998	277	0	12.59	2.08	$3,487
Aug 1998	252	0	11.30	1.91	$2,848
Jul 1998	278	0	11.74	2.24	$3,264
Jun 1998	272	0	11.24	2.24	$3,057
May 1998	201	0	12.62	2.21	$2,537
Apr 1998	284	0	13.04	2.51	$3,703
Mar 1998	323	0	12.80	2.31	$4,134
Feb 1998	278	0	13.95	2.30	$3,878
Jan 1998	260	0	14.70	2.15	$3,822
Dec 1997	168	0	16.32	2.41	$2,742
Nov 1997	106	0	18.19	3.09	$1,928
Oct 1997	254	0	19.25	3.15	$4,890
Sep 1997	192	0	17.74	2.95	$3,406
Aug 1997	164	0	17.86	2.55	$2,929
Jul 1997	212	0	17.58	2.25	$3,727
Jun 1997	300	0	17.24	2.26	$5,172
May 1997	294	0	18.97	2.31	$5,577
Apr 1997	222	0	17.88	2.08	$3,969
Mar 1997	246	0	18.95	1.94	$4,662
Feb 1997	239	0	20.49	2.21	$4,897
Jan 1997	263	0	23.48	3.54	$6,175
Dec 1996	310	0	23.32	—	$7,229
Nov 1996	292	0	21.97	—	$6,415
Oct 1996	326	0	23.31	—	$7,599
Sep 1996	265	0	22.22	—	$5,888
Aug 1996	268	0	20.26	—	$5,430
Jul 1996	271	0	19.55	—	$5,298
Jun 1996	276	0	18.73	—	$5,169
May 1996	240	0	19.43	—	$4,663
Apr 1996	212	0	21.51	—	$4,560
Mar 1996	279	0	19.38	—	$5,407
Feb 1996	315	0	16.98	—	$5,349
Jan 1996	387	0	17.07	—	$6,606
Dec 1995	216	0	17.19	—	$3,713
Nov 1995	240	0	16.00	—	$3,840
Oct 1995	311	0	15.43	—	$4,799
Sep 1995	281	0	16.18	—	$4,547
Aug 1995	302	0	15.92	—	$4,808
Jul 1995	272	0	15.24	—	$4,145
Jun 1995	296	0	16.41	—	$4,857
May 1995	314	0	17.56	—	$5,514
Apr 1995	299	0	17.73	—	$5,301
Mar 1995	341	0	16.44	—	$5,606
Feb 1995	319	0	16.58	—	$5,289
Jan 1995	293	0	15.92	—	$4,665
Dec 1994	382	0	15.03	—	$5,741
Nov 1994	395	1	15.90	—	$6,281
Oct 1994	345	1	15.58	—	$5,375
Sep 1994	396	1	15.29	—	$6,055
Aug 1994	408	1	16.13	—	$6,581
Jul 1994	402	1	17.56	—	$7,059
Jun 1994	363	1	17.09	—	$6,204
May 1994	368	1	15.88	—	$5,844
Apr 1994	453	1	14.14	—	$6,405
Mar 1994	452	1	12.46	—	$5,632
Feb 1994	295	1	12.50	—	$3,688
Jan 1994	389	1	12.66	—	$4,925
Dec 1993	450	1	12.33	—	$5,549
Nov 1993	454	1	14.49	—	$6,578
Oct 1993	497	1	15.85	—	$7,877
Sep 1993	387	1	15.03	—	$5,817
Aug 1993	391	1	15.66	—	$6,123
Jul 1993	593	1	15.46	—	$9,168
Jun 1993	669	1	16.79	—	$11,233
May 1993	321	1	17.68	—	$5,675
Apr 1993	662	1	18.05	—	$11,949
Mar 1993	645	1	18.14	—	$11,700
Feb 1993	603	1	17.90	—	$10,794
Jan 1993	323	1	16.93	—	$5,468

Not filed, and not zero: Jun 2011. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2008 — as filed, then multipliedworked

Oil                   30 bbl  × $110.31 =     $3,309
Casinghead gas         0 Mcf  × $ 10.45 =         $0

────────────────────────────────────────────────────
Month total                                   $3,309

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/12689 is the state's own key, not one this site invented.