ANGELINA LUMBER COMPANY

Operated by PALMER PETROLEUM INC. (P-5 636222) in the ROCKY SPRINGS (U.G.R.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14992District 06Field 77788500OilCasinghead gasSaveExport
Value, all time
$40 k
Jul 2010 – Jan 2013
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
31
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1988-03-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2010.

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
OilDisposition451 bbl$39,572
Casinghead gasProduction224 Mcf$852
Total$40,425

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 31.3996, -94.5635. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39959, -94.56352 · 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
11,575 ft
1 wells filed one
Completion to plug
2.3 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 11,575 ft.

Completions filed
Jul 2010
1 of 1 wells
Plug dates filed
Oct 2012
1 of 1 wells

Last completion to plug: a median of 2.3 years across the 1 well that filed both dates, with the middle half between 2.3 years and 2.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00530304311,575 ftJul 2010Oct 2012Yes

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 (31)

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

31 months

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 2012167079.822.52$13,330
May 201201091.612.49$25
Apr 201208101.652.00$16
Mar 201208105.052.22$18
Feb 2012010101.102.57$26
Jan 201201098.092.73$27
Dec 201101096.873.24$32
Nov 20110895.723.31$26
Oct 20110084.983.65$0
Sep 20110883.623.99$32
Aug 201101083.404.15$41
Jul 201101294.144.52$54
Jun 201101092.904.64$46
May 201101098.134.40$44
Apr 2011010105.964.33$43
Mar 20111701896.364.06$16,454
Feb 201105485.644.18$226
Jan 2011114086.504.59$9,861
Dec 201002885.734.35$122
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$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.

Jun 2012 — as filed, then multipliedworked
Oil                  167 bbl  × $ 79.82 =    $13,330
Casinghead gas         0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                  $13,330

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/14992 is the state's own key, not one this site invented.