PETTY, STELLA -32-

Operated by COLORADO BLUEBONNET ENERGY CORP. (P-5 168930) in the FLORAC (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27214District 08Field 31498500NGPA filingOilCasinghead gasSaveExport
Value, all time
$60 k
Jan 1993 – Jun 2000
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
90
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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered
1979-02-06
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition3,260 bbl$55,954
Casinghead gasProduction32,518 Mcf$4,172
Total$60,127

30,958 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 (2)

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 32.1505, -101.5406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.15050, -101.54062 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,507 ft
2 wells filed one
Completion to plug
27.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 9,500 and 9,514 ft, median 9,507 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1982 – Jun 1984
2 of 2 wells
Plug dates filed
Jan 1999 – Apr 2022
2 of 2 wells

Last completion to plug: a median of 27.3 years across the 2 wells that filed both dates, with the middle half between 22.1 years and 32.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2273336339,514 ftJun 1984Apr 2022Yes
42-2273263129,500 ftMar 1982Jan 1999Yes

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 (90)

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

90 months

Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 200097024.513.12$2,377
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
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 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199798017.582.25$1,723
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 199706017.882.08$125
Mar 1997044618.951.94$865
Feb 199717041120.492.21$4,390
Jan 1997064323.483.54$2,276
Dec 1996056623.32$0
Nov 199616252221.97$3,559
Oct 1996056623.31$0
Sep 1996035322.22$0
Aug 199617048620.26$3,444
Jul 1996068019.55$0
Jun 1996052918.73$0
May 199616553319.43$3,206
Apr 1996060321.51$0
Mar 1996058419.38$0
Feb 199615742416.98$2,666
Jan 1996060017.07$0
Dec 199517569717.19$3,008
Nov 1995072816.00$0
Oct 1995067115.43$0
Sep 199517063216.18$2,751
Aug 1995062715.92$0
Jul 1995062715.24$0
Jun 199514566716.41$2,379
May 1995062917.56$0
Apr 1995077717.73$0
Mar 199514480016.44$2,367
Feb 199501,18616.58$0
Jan 199514879915.92$2,356
Dec 1994072715.03$0
Nov 199416473915.90$2,608
Oct 1994076015.58$0
Sep 1994071215.29$0
Aug 199415975716.13$2,565
Jul 1994065317.56$0
Jun 1994077517.09$0
May 199413862815.88$2,191
Apr 1994070714.14$0
Mar 199415263512.46$1,894
Feb 1994054012.50$0
Jan 199416670012.66$2,102
Dec 1993048212.33$0
Nov 1993035814.49$0
Oct 199317533415.85$2,774
Sep 1993046015.03$0
Aug 1993067615.66$0
Jul 199316574915.46$2,551
Jun 1993068216.79$0
May 1993072717.68$0
Apr 199317381118.05$3,123
Mar 1993073818.14$0
Feb 1993062717.90$0
Jan 199316769516.93$2,827

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 2000 — as filed, then multipliedworked
Oil                   97 bbl  × $ 24.51 =     $2,377
Casinghead gas         0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $2,377

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/27214 is the state's own key, not one this site invented.