FRAZIER -4-

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SALE RANCH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29698District 08Field 79768500NGPA filingOilCasinghead gasSaveExport
Value, all time
$516 k
Jan 1993 – Feb 2013
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
242
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1971-08-29
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

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
OilDisposition6,096 bbl$149,402
Casinghead gasProduction119,727 Mcf$367,079
Total$516,481

36,148 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 32.1319, -101.9300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13187, -101.92995 · 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
11,857 ft
1 wells filed one
Completion to plug
27.4 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 11,857 ft.

Completions filed
Mar 1985
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31733008111,857 ftMar 1985Aug 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 (242)

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

242 months

Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201229089.383.40$2,592
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
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
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200716611588.337.30$15,503
Nov 2007038291.677.29$2,785
Oct 2007035682.856.92$2,464
Sep 2007031175.846.24$1,942
Aug 2007017269.066.39$1,099
Jul 2007021470.906.39$1,367
Jun 2007033662.007.55$2,536
May 2007032558.747.85$2,550
Apr 2007032259.617.81$2,513
Mar 2007024956.927.30$1,818
Feb 2007036555.108.22$2,999
Jan 200716743450.306.73$11,320
Dec 2006044456.656.92$3,072
Nov 2006039654.207.62$3,017
Oct 2006045954.906.01$2,760
Sep 2006044260.085.04$2,226
Aug 2006045668.717.34$3,347
Jul 2006045069.376.34$2,854
Jun 2006050266.286.38$3,205
May 200615353266.016.42$13,518
Apr 2006043964.397.36$3,231
Mar 2006040256.707.08$2,847
Feb 2006038157.597.75$2,953
Jan 2006042860.598.93$3,823
Dec 2005042154.9413.42$5,648
Nov 2005041154.6910.59$4,352
Oct 2005040458.3413.80$5,573
Sep 2005035561.4512.08$4,288
Aug 2005042861.519.80$4,193
Jul 200516042355.697.84$12,228
Jun 2005043452.337.38$3,203
May 2005042545.226.65$2,827
Apr 2005042449.207.36$3,121
Mar 2005043950.377.15$3,141
Feb 2005037645.226.31$2,373
Jan 2005037543.166.32$2,371
Dec 2004037439.866.75$2,525
Nov 2004036145.286.33$2,285
Oct 2004039049.706.52$2,541
Sep 2004038243.245.28$2,018
Aug 2004039142.375.55$2,170
Jul 200416135038.286.08$8,293
Jun 2004028336.106.43$1,821
May 2004314237.486.49$1,035
Apr 2004066834.475.86$3,913
Mar 2004070334.365.53$3,888
Feb 2004062432.455.51$3,438
Jan 2004068832.036.30$4,334
Dec 2003075030.266.30$4,726
Nov 2003072828.804.60$3,345
Oct 2003077828.174.76$3,703
Sep 200316277126.314.75$7,924
Aug 2003080729.765.13$4,140
Jul 2003078529.415.17$4,059
Jun 2003079028.565.98$4,727
May 2003083626.595.97$4,993
Apr 2003082126.675.41$4,439
Mar 2003082031.146.10$4,999
Feb 2003071333.487.93$5,651
Jan 200316976930.315.58$9,415
Dec 2002079726.914.85$3,868
Nov 2002077224.664.14$3,194
Oct 2002082026.464.23$3,468
Sep 2002083227.443.64$3,024
Aug 2002088425.963.16$2,797
Jul 2002087824.583.06$2,688
Jun 2002087023.733.34$2,904
May 200215583224.663.58$6,804
Apr 2002079523.653.51$2,792
Mar 2002081222.003.10$2,519
Feb 2002071818.222.38$1,706
Jan 2002081017.172.38$1,924
Dec 200116085216.932.36$4,723
Nov 2001073618.072.41$1,770
Oct 2001083719.782.53$2,117
Sep 2001076824.262.25$1,729
Aug 200101,24824.873.05$3,810
Jul 2001083723.933.20$2,676
Jun 200116782424.563.82$7,253
May 2001079825.524.31$3,437
Apr 200112779924.685.34$7,397
Mar 2001079024.545.38$4,247
Feb 2001070227.755.77$4,048
Jan 2001078027.478.40$6,551
Dec 2000072826.889.12$6,641
Nov 2000076832.215.66$4,345
Oct 200015082531.235.15$8,930
Sep 2000085431.875.19$4,429
Aug 2000084629.644.54$3,841
Jul 2000088728.534.09$3,628
Jun 2000084029.304.40$3,694
May 200015093827.263.68$7,541
Apr 2000081224.513.12$2,530
Mar 20000028.422.86$0
Feb 200006627.622.73$180
Jan 2000070925.272.48$1,759
Dec 199915578324.282.42$5,661
Nov 1999077323.192.43$1,881
Oct 1999054620.982.80$1,531
Sep 19990021.752.62$0
Aug 1999077819.262.88$2,237
Jul 199912682917.892.37$4,221
Jun 1999084015.942.36$1,984
May 1999068615.792.32$1,592
Apr 1999068915.102.21$1,521
Mar 1999080012.471.84$1,471
Feb 19991567199.981.82$2,864
Jan 1999078510.381.90$1,491
Dec 199807649.201.77$1,355
Nov 1998078710.892.19$1,720
Oct 199816681112.421.97$3,659
Sep 1998081612.592.08$1,699
Aug 1998081611.301.91$1,556
Jul 1998082511.742.24$1,846
Jun 1998084611.242.24$1,893
May 1998084712.622.21$1,869
Apr 199814880913.042.51$3,957
Mar 1998080912.802.31$1,868
Feb 1998070313.952.30$1,616
Jan 199817678414.702.15$4,277
Dec 1997062516.322.41$1,507
Nov 1997075018.193.09$2,316
Oct 1997078919.253.15$2,485
Sep 199718080717.742.95$5,578
Aug 1997078117.862.55$1,995
Jul 1997086317.582.25$1,939
Jun 1997076817.242.26$1,734
May 1997082418.972.31$1,902
Apr 199714871117.882.08$4,127
Mar 1997081718.951.94$1,584
Feb 1997068220.492.21$1,504
Jan 199716070223.483.54$6,242
Dec 1996076423.32$0
Nov 1996073721.97$0
Oct 1996078123.31$0
Sep 199616177622.22$3,577
Aug 1996078920.26$0
Jul 1996079419.55$0
Jun 199615077218.73$2,810
May 1996078519.43$0
Apr 1996074921.51$0
Mar 1996075419.38$0
Feb 199615171916.98$2,564
Jan 1996076117.07$0
Dec 199514375517.19$2,458
Nov 1995074916.00$0
Oct 1995079815.43$0
Sep 1995079116.18$0
Aug 199512881615.92$2,038
Jul 1995081915.24$0
Jun 199515477216.41$2,527
May 1995079917.56$0
Apr 1995075617.73$0
Mar 199515177216.44$2,482
Feb 1995064516.58$0
Jan 1995085515.92$0
Dec 199416385515.03$2,450
Nov 1994086615.90$0
Oct 1994085215.58$0
Sep 199414080415.29$2,141
Aug 1994088516.13$0
Jul 1994088117.56$0
Jun 199413576317.09$2,307
May 1994075615.88$0
Apr 199417275514.14$2,432
Mar 1994074012.46$0
Feb 1994066812.50$0
Jan 199416171712.66$2,038
Dec 1993063212.33$0
Nov 199317068314.49$2,463
Oct 1993071515.85$0
Sep 1993071215.03$0
Aug 199316375815.66$2,553
Jul 1993071615.46$0
Jun 199315767516.79$2,636
May 1993071417.68$0
Apr 199316270518.05$2,924
Mar 1993066518.14$0
Feb 1993053417.90$0
Jan 199314158916.93$2,387

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.

Oct 2012 — as filed, then multipliedworked
Oil                   29 bbl  × $ 89.38 =     $2,592
Casinghead gas         0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $2,592

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/29698 is the state's own key, not one this site invented.