PRUETT, T.B. ET AL GAS UNIT

Name: PRUETT, T.B. ET AL GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SAGA PETROLEUM CORP. (P-5 743212) in the W W W (RAMSEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30054District 08Field 94464500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$137 k

Jan 1993 – Aug 1998

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The W W W (RAMSEY) 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 9 leases and 30 wells, and the rule below applies to all of them.

Discovered

1984-11-19

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

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.

Stream	Basis	Volume	Value
Oil	Disposition	8,017 bbl	$136,676
Casinghead gas	Production	4,031 Mcf	$0
Total			$136,676

4,031 Mcf of this lease's gas, across 32 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 31.6264, -103.4459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.62644, -103.44594 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

5,100 ft

2 wells filed one

Completion to plug

23.9 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 5,000 and 5,200 ft, median 5,100 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1985 – May 2002

2 of 2 wells

Plug dates filed

Jan 2018

2 of 2 wells

Last completion to plug: a median of 23.9 years across the 2 wells that filed both dates, with the middle half between 19.8 years and 28.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-47533435	7	5,200 ft	May 2002	Jan 2018	Yes
42-47533680	8	5,000 ft	Dec 1985	Jan 2018	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 (68)

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

68 months


Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	195	0	12.80	2.31	$2,496
Feb 1998	151	0	13.95	2.30	$2,106
Jan 1998	147	0	14.70	2.15	$2,161
Dec 1997	150	0	16.32	2.41	$2,448
Nov 1997	147	0	18.19	3.09	$2,674
Oct 1997	145	0	19.25	3.15	$2,791
Sep 1997	144	0	17.74	2.95	$2,555
Aug 1997	146	0	17.86	2.55	$2,608
Jul 1997	144	0	17.58	2.25	$2,532
Jun 1997	146	0	17.24	2.26	$2,517
May 1997	137	0	18.97	2.31	$2,599
Apr 1997	141	0	17.88	2.08	$2,521
Mar 1997	141	0	18.95	1.94	$2,672
Feb 1997	130	0	20.49	2.21	$2,664
Jan 1997	71	0	23.48	3.54	$1,667
Dec 1996	142	0	23.32	—	$3,311
Nov 1996	135	0	21.97	—	$2,966
Oct 1996	136	0	23.31	—	$3,170
Sep 1996	139	0	22.22	—	$3,089
Aug 1996	142	0	20.26	—	$2,877
Jul 1996	138	0	19.55	—	$2,698
Jun 1996	205	0	18.73	—	$3,840
May 1996	138	0	19.43	—	$2,681
Apr 1996	137	0	21.51	—	$2,947
Mar 1996	141	0	19.38	—	$2,733
Feb 1996	140	0	16.98	—	$2,377
Jan 1996	142	0	17.07	—	$2,424
Dec 1995	141	0	17.19	—	$2,424
Nov 1995	144	0	16.00	—	$2,304
Oct 1995	144	0	15.43	—	$2,222
Sep 1995	139	0	16.18	—	$2,249
Aug 1995	144	201	15.92	—	$2,292
Jul 1995	143	465	15.24	—	$2,179
Jun 1995	321	630	16.41	—	$5,268
May 1995	154	670	17.56	—	$2,704
Apr 1995	122	540	17.73	—	$2,163
Mar 1995	45	13	16.44	—	$740
Feb 1995	106	80	16.58	—	$1,757
Jan 1995	106	84	15.92	—	$1,688
Dec 1994	169	66	15.03	—	$2,540
Nov 1994	128	78	15.90	—	$2,035
Oct 1994	125	79	15.58	—	$1,948
Sep 1994	129	64	15.29	—	$1,972
Aug 1994	136	81	16.13	—	$2,194
Jul 1994	207	88	17.56	—	$3,635
Jun 1994	145	78	17.09	—	$2,478
May 1994	153	79	15.88	—	$2,430
Apr 1994	164	75	14.14	—	$2,319
Mar 1994	253	89	12.46	—	$3,152
Feb 1994	183	105	12.50	—	$2,288
Jan 1994	224	110	12.66	—	$2,836
Dec 1993	28	22	12.33	—	$345
Nov 1993	51	45	14.49	—	$739
Oct 1993	50	17	15.85	—	$793
Sep 1993	68	22	15.03	—	$1,022
Aug 1993	27	44	15.66	—	$423
Jul 1993	26	25	15.46	—	$402
Jun 1993	31	23	16.79	—	$520
May 1993	20	10	17.68	—	$354
Apr 1993	47	19	18.05	—	$848
Mar 1993	17	1	18.14	—	$308
Feb 1993	18	56	17.90	—	$322
Jan 1993	39	72	16.93	—	$660

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.

Mar 1998 — as filed, then multipliedworked

Oil                  195 bbl  × $ 12.80 =     $2,496
Casinghead gas         0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                   $2,496

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/30054 is the state's own key, not one this site invented.