PECOS VALLEY -A-

Operated by LIMARK CORPORATION (P-5 500803) in the PECOS VALLEY, S. (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18337District 08Field 70134166Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$114 k
Jan 1993 – Sep 2003
Value, last 12 filed months
$907
at the published price for each month
Months reported
129
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1963-11-19
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 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.

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
OilDisposition4,547 bbl$80,692
Casinghead gasProduction31,057 Mcf$32,965
Total$113,658

18,629 Mcf of this lease's gas, across 48 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 31.2073, -102.7921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20734, -102.79206 · 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
5,661 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
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 5,661 ft.

Plug dates filed
Feb 2003
1 of 1 wells

1 well

42-3711011515,661 ftFeb 2003Yes

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 (129)

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

129 months

Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200201526.914.85$73
Nov 2002017224.664.14$712
Oct 200202926.464.23$123
Sep 20020627.443.64$22
Aug 20020125.963.16$3
Jul 20020224.583.06$6
Jun 20020023.733.34$0
May 20020124.663.58$4
Apr 20020023.653.51$0
Mar 200203822.003.10$118
Feb 200202018.222.38$48
Jan 200201217.172.38$29
Dec 200101816.932.36$43
Nov 200109018.072.41$217
Oct 200101019.782.53$25
Sep 200104824.262.25$108
Aug 2001010424.873.05$318
Jul 200103323.933.20$106
Jun 200101024.563.82$38
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010527.478.40$42
Dec 2000863926.889.12$2,667
Nov 200005532.215.66$311
Oct 200005131.235.15$262
Sep 200008031.875.19$415
Aug 2000027929.644.54$1,267
Jul 2000028228.534.09$1,153
Jun 2000016929.304.40$743
May 200017525827.263.68$5,720
Apr 2000025524.513.12$795
Mar 2000025128.422.86$718
Feb 2000025027.622.73$682
Jan 2000025025.272.48$620
Dec 199917126724.282.42$4,799
Nov 1999026923.192.43$655
Oct 1999028720.982.80$805
Sep 1999028021.752.62$733
Aug 199917123619.262.88$3,972
Jul 1999022817.892.37$541
Jun 1999024215.942.36$572
May 1999022615.792.32$525
Apr 1999021815.102.21$481
Mar 199918024712.471.84$2,699
Feb 199902449.981.82$444
Jan 1999028410.381.90$540
Dec 199803049.201.77$539
Nov 1998324810.892.19$575
Oct 199817627112.421.97$2,720
Sep 1998026112.592.08$544
Aug 1998029711.301.91$566
Jul 199802911.742.24$65
Jun 19980111.242.24$2
May 1998012812.622.21$282
Apr 199816629013.042.51$2,891
Mar 1998033212.802.31$767
Feb 1998033113.952.30$761
Jan 199816436414.702.15$3,195
Dec 1997034416.322.41$829
Nov 1997029818.193.09$920
Oct 1997027519.253.15$866
Sep 199716728617.742.95$3,808
Aug 1997029717.862.55$759
Jul 199716631617.582.25$3,628
Jun 1997026917.242.26$607
May 1997033618.972.31$776
Apr 1997034317.882.08$714
Mar 199716226118.951.94$3,576
Feb 1997036420.492.21$803
Jan 1997032223.483.54$1,140
Dec 199616536723.32$3,848
Nov 1996034621.97$0
Oct 199616431923.31$3,823
Sep 1996023022.22$0
Aug 1996131220.26$20
Jul 199616529719.55$3,226
Jun 1996026018.73$0
May 1996022819.43$0
Apr 199615524021.51$3,334
Mar 1996029019.38$0
Feb 1996027116.98$0
Jan 199616730717.07$2,851
Dec 1995028917.19$0
Nov 199517629416.00$2,816
Oct 1995324615.43$46
Sep 1995027616.18$0
Aug 1995027615.92$0
Jul 199511623615.24$1,768
Jun 1995026816.41$0
May 199517131117.56$3,003
Apr 1995028117.73$0
Mar 1995039216.44$0
Feb 199516938816.58$2,802
Jan 1995037715.92$0
Dec 199416541215.03$2,480
Nov 1994039115.90$0
Oct 1994043415.58$0
Sep 199417039515.29$2,599
Aug 1994045116.13$0
Jul 1994040617.56$0
Jun 1994146317.09$17
May 199416851315.88$2,668
Apr 1994141214.14$14
Mar 1994053412.46$0
Feb 199416745012.50$2,088
Jan 1994043512.66$0
Dec 1993053512.33$0
Nov 1993044714.49$0
Oct 199314250315.85$2,251
Sep 1993059415.03$0
Aug 1993045415.66$0
Jul 1993052915.46$0
Jun 199316866016.79$2,821
May 1993071517.68$0
Apr 199316369618.05$2,942
Mar 1993070118.14$0
Feb 1993039717.90$0
Jan 1993163116.93$2,760

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.

Dec 2002 — as filed, then multipliedworked
Oil                    0 bbl  × $ 26.91 =         $0
Casinghead gas        15 Mcf  × $  4.85 =        $73

────────────────────────────────────────────────────
Month total                                      $73

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/O/18337 is the state's own key, not one this site invented.