BOOKS 21

Operated by PETRA OLEUM CORP. (P-5 659826) in the PATTERSON LAKE (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151848District 08Field 69679475GasSaveExport
Value, all time
$10 k
Oct 1994 – Jul 1998
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
46
no gaps in the span
Streams
1
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 6 leases and 11 wells, and the rule below applies to all of them.

Discovered
1991-08-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1994-04-11.

The Commission's schedule remark for this field reads: EFFECTIVE APRIL 11, 1994

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
GasProduction15,543 Mcf$10,440
Total$10,440

11,478 Mcf of this lease's gas, across 27 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 31.7929, -101.6203. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79292, -101.62028 · 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
8,640 ft
1 wells filed one
Completion to plug
4.9 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 8,640 ft.

Completions filed
Aug 1993
1 of 1 wells
Plug dates filed
Jul 1998
1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1733234318,640 ftAug 1993Jul 1998Yes

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 (46)

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

46 months

Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 199813013.042.51$326
Mar 199826212.802.31$605
Feb 199823313.952.30$536
Jan 199825614.702.15$552
Dec 199724616.322.41$593
Nov 199723518.193.09$726
Oct 199723619.253.15$743
Sep 199723117.742.95$683
Aug 199723017.862.55$588
Jul 199723517.582.25$528
Jun 199723217.242.26$524
May 199725418.972.31$586
Apr 199725317.882.08$527
Mar 199725918.951.94$502
Feb 199723520.492.21$518
Jan 199753823.483.54$1,904
Dec 199626623.32$0
Nov 199627721.97$0
Oct 199629223.31$0
Sep 199616922.22$0
Aug 199625120.26$0
Jul 199626919.55$0
Jun 199627918.73$0
May 199630419.43$0
Apr 199631721.51$0
Mar 199631319.38$0
Feb 199632116.98$0
Jan 199629617.07$0
Dec 199530817.19$0
Nov 199533116.00$0
Oct 199533015.43$0
Sep 199532316.18$0
Aug 199533515.92$0
Jul 199532515.24$0
Jun 199534516.41$0
May 199535317.56$0
Apr 199531617.73$0
Mar 199537716.44$0
Feb 199541916.58$0
Jan 199544715.92$0
Dec 199445415.03$0
Nov 199452115.90$0
Oct 19942,94015.58$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 1998 — as filed, then multipliedworked
Gas                  130 Mcf  × $  2.51 =       $326

────────────────────────────────────────────────────
Month total                                     $326

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. 08/G/151848 is the state's own key, not one this site invented.