TEDDY

Name: TEDDY lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 29811District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$502 k

Jan 1993 – Dec 2004

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

144

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	20,380 bbl	$392,136
Casinghead gas	Production	85,135 Mcf	$110,146
Total			$502,282

51,992 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 31.9950, -101.8167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99497, -101.81666 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,700 ft

1 wells filed one

Completion to plug

19.1 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 8,700 ft.

Completions filed

Apr 1985

1 of 1 wells

Plug dates filed

May 2004

1 of 1 wells

Last completion to plug: a median of 19.1 years across the 1 well that filed both dates, with the middle half between 19.1 years and 19.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32931489	1	8,700 ft	Apr 1985	May 2004	Yes

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 (144)

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

144 months


Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	48	0	38.28	6.08	$1,837
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	183	194	32.03	6.30	$7,084
Dec 2003	181	260	30.26	6.30	$7,115
Nov 2003	181	269	28.80	4.60	$6,449
Oct 2003	0	282	28.17	4.76	$1,342
Sep 2003	181	288	26.31	4.75	$6,130
Aug 2003	0	292	29.76	5.13	$1,498
Jul 2003	179	285	29.41	5.17	$6,738
Jun 2003	0	258	28.56	5.98	$1,544
May 2003	177	249	26.59	5.97	$6,194
Apr 2003	0	223	26.67	5.41	$1,206
Mar 2003	179	222	31.14	6.10	$6,927
Feb 2003	180	179	33.48	7.93	$7,445
Jan 2003	0	191	30.31	5.58	$1,066
Dec 2002	183	201	26.91	4.85	$5,900
Nov 2002	180	221	24.66	4.14	$5,353
Oct 2002	0	260	26.46	4.23	$1,100
Sep 2002	189	265	27.44	3.64	$6,149
Aug 2002	0	312	25.96	3.16	$987
Jul 2002	181	325	24.58	3.06	$5,444
Jun 2002	175	311	23.73	3.34	$5,191
May 2002	3	313	24.66	3.58	$1,196
Apr 2002	179	294	23.65	3.51	$5,266
Mar 2002	0	288	22.00	3.10	$894
Feb 2002	180	282	18.22	2.38	$3,950
Jan 2002	0	345	17.17	2.38	$820
Dec 2001	154	287	16.93	2.36	$3,286
Nov 2001	185	315	18.07	2.41	$4,101
Oct 2001	0	421	19.78	2.53	$1,065
Sep 2001	184	358	24.26	2.25	$5,270
Aug 2001	0	321	24.87	3.05	$980
Jul 2001	0	268	23.93	3.20	$857
Jun 2001	182	444	24.56	3.82	$6,168
May 2001	182	414	25.52	4.31	$6,428
Apr 2001	0	372	24.68	5.34	$1,985
Mar 2001	174	386	24.54	5.38	$6,345
Feb 2001	178	352	27.75	5.77	$6,970
Jan 2001	182	380	27.47	8.40	$8,191
Dec 2000	0	404	26.88	9.12	$3,685
Nov 2000	183	421	32.21	5.66	$8,276
Oct 2000	180	337	31.23	5.15	$7,355
Sep 2000	181	345	31.87	5.19	$7,558
Aug 2000	0	484	29.64	4.54	$2,198
Jul 2000	180	433	28.53	4.09	$6,906
Jun 2000	161	453	29.30	4.40	$6,709
May 2000	180	427	27.26	3.68	$6,478
Apr 2000	182	385	24.51	3.12	$5,660
Mar 2000	0	360	28.42	2.86	$1,030
Feb 2000	1	289	27.62	2.73	$816
Jan 2000	185	393	25.27	2.48	$5,650
Dec 1999	187	354	24.28	2.42	$5,398
Nov 1999	0	412	23.19	2.43	$1,003
Oct 1999	181	608	20.98	2.80	$5,502
Sep 1999	181	493	21.75	2.62	$5,228
Aug 1999	180	425	19.26	2.88	$4,689
Jul 1999	159	479	17.89	2.37	$3,981
Jun 1999	0	480	15.94	2.36	$1,134
May 1999	184	477	15.79	2.32	$4,012
Apr 1999	180	461	15.10	2.21	$3,736
Mar 1999	180	552	12.47	1.84	$3,259
Feb 1999	181	473	9.98	1.82	$2,666
Jan 1999	0	431	10.38	1.90	$819
Dec 1998	185	424	9.20	1.77	$2,454
Nov 1998	177	394	10.89	2.19	$2,789
Oct 1998	182	494	12.42	1.97	$3,233
Sep 1998	183	469	12.59	2.08	$3,281
Aug 1998	179	397	11.30	1.91	$2,780
Jul 1998	2	419	11.74	2.24	$961
Jun 1998	181	416	11.24	2.24	$2,965
May 1998	179	382	12.62	2.21	$3,102
Apr 1998	184	349	13.04	2.51	$3,274
Mar 1998	185	267	12.80	2.31	$2,985
Feb 1998	172	234	13.95	2.30	$2,937
Jan 1998	175	287	14.70	2.15	$3,191
Dec 1997	176	422	16.32	2.41	$3,890
Nov 1997	1	378	18.19	3.09	$1,186
Oct 1997	173	579	19.25	3.15	$5,154
Sep 1997	171	683	17.74	2.95	$5,052
Aug 1997	2	337	17.86	2.55	$897
Jul 1997	178	615	17.58	2.25	$4,511
Jun 1997	183	529	17.24	2.26	$4,349
May 1997	181	760	18.97	2.31	$5,188
Apr 1997	1	691	17.88	2.08	$1,457
Mar 1997	185	717	18.95	1.94	$4,896
Feb 1997	181	589	20.49	2.21	$5,008
Jan 1997	1	1,008	23.48	3.54	$3,592
Dec 1996	180	867	23.32	—	$4,198
Nov 1996	183	615	21.97	—	$4,021
Oct 1996	178	774	23.31	—	$4,149
Sep 1996	1	809	22.22	—	$22
Aug 1996	177	921	20.26	—	$3,586
Jul 1996	178	1,065	19.55	—	$3,480
Jun 1996	1	930	18.73	—	$19
May 1996	176	987	19.43	—	$3,420
Apr 1996	179	866	21.51	—	$3,850
Mar 1996	176	886	19.38	—	$3,411
Feb 1996	183	841	16.98	—	$3,107
Jan 1996	184	918	17.07	—	$3,141
Dec 1995	185	929	17.19	—	$3,180
Nov 1995	1	858	16.00	—	$16
Oct 1995	180	943	15.43	—	$2,777
Sep 1995	184	943	16.18	—	$2,977
Aug 1995	180	1,012	15.92	—	$2,866
Jul 1995	180	1,066	15.24	—	$2,743
Jun 1995	182	991	16.41	—	$2,987
May 1995	180	1,020	17.56	—	$3,161
Apr 1995	367	909	17.73	—	$6,507
Mar 1995	185	889	16.44	—	$3,041
Feb 1995	182	786	16.58	—	$3,018
Jan 1995	182	898	15.92	—	$2,897
Dec 1994	182	871	15.03	—	$2,735
Nov 1994	369	886	15.90	—	$5,867
Oct 1994	181	987	15.58	—	$2,820
Sep 1994	174	1,029	15.29	—	$2,660
Aug 1994	183	1,107	16.13	—	$2,952
Jul 1994	179	1,122	17.56	—	$3,143
Jun 1994	354	1,057	17.09	—	$6,050
May 1994	183	1,026	15.88	—	$2,906
Apr 1994	181	995	14.14	—	$2,559
Mar 1994	358	924	12.46	—	$4,461
Feb 1994	181	840	12.50	—	$2,263
Jan 1994	179	900	12.66	—	$2,266
Dec 1993	182	935	12.33	—	$2,244
Nov 1993	181	999	14.49	—	$2,623
Oct 1993	364	1,354	15.85	—	$5,769
Sep 1993	182	1,601	15.03	—	$2,735
Aug 1993	356	1,758	15.66	—	$5,575
Jul 1993	359	1,823	15.46	—	$5,550
Jun 1993	0	1,713	16.79	—	$0
May 1993	357	1,795	17.68	—	$6,312
Apr 1993	357	1,785	18.05	—	$6,444
Mar 1993	174	1,531	18.14	—	$3,156
Feb 1993	184	1,453	17.90	—	$3,294
Jan 1993	353	1,778	16.93	—	$5,976

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.

Jul 2004 — as filed, then multipliedworked

Oil                   48 bbl  × $ 38.28 =     $1,837
Casinghead gas         0 Mcf  × $  6.08 =         $0

────────────────────────────────────────────────────
Month total                                   $1,837

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/29811 is the state's own key, not one this site invented.