PECOS -D- FEE

Operated by BRISTOL RESOURCES CORPORATION (P-5 93548) in the GOMEZ (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31271District 08Field 35708666OilCasinghead gasSaveExport
Value, all time
$144 k
Jan 1993 – Mar 1999
Value, last 12 filed months
$470
at the published price for each month
Months reported
75
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 50 leases and 57 wells, and the rule below applies to all of them.

Discovered
1969-12-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: OPERATOR REQUEST TEXACO E & P INC APPLICIANT

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
OilDisposition9,121 bbl$143,425
Casinghead gasProduction144,103 Mcf$470
Total$143,895

143,868 Mcf of this lease's gas, across 36 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 (3)

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 31.0019, -103.0777. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.00644, -103.08174 · centre of 1 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%
3 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
11,260 ft
3 wells filed one
Completion to plug
27.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
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 11,150 and 12,095 ft, median 11,260 ft, over the 3 wells that filed a depth.

Completions filed
May 1987
2 of 3 wells; 1 filed none
Plug dates filed
Jul 2014 – Jan 2018
2 of 3 wells; 1 filed none

Last completion to plug: a median of 27.2 years across the 1 well that filed both dates, with the middle half between 27.2 years and 27.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-37131764211,150 ftJan 2018Yes
42-37131736112,095 ftMay 1987Yes
42-37132450311,260 ftMay 1987Jul 2014Yes

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 (75)

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

75 months

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 1998012612.592.08$262
Aug 1998010911.301.91$208
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 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 199610019.38$194
Feb 199649016.98$832
Jan 19960017.07$0
Dec 19959915917.19$1,702
Nov 19959229816.00$1,472
Oct 19959935915.43$1,528
Sep 19959520316.18$1,537
Aug 199515121915.92$2,404
Jul 1995048815.24$0
Jun 19959239616.41$1,510
May 199512538917.56$2,195
Apr 199537641217.73$6,666
Mar 199525243716.44$4,143
Feb 19952513,91016.58$4,162
Jan 19952294,47115.92$3,646
Dec 19942474,48115.03$3,712
Nov 19942844,21415.90$4,516
Oct 19942224,04815.58$3,459
Sep 19942264,71115.29$3,456
Aug 19942264,98116.13$3,645
Jul 19941374,76817.56$2,406
Jun 19942794,58817.09$4,768
May 19942754,02815.88$4,367
Apr 19943474,27114.14$4,907
Mar 19942306,52812.46$2,866
Feb 19943665,08512.50$4,575
Jan 19942646,49412.66$3,342
Dec 19935586,26812.33$6,880
Nov 19932785,98514.49$4,028
Oct 19932665,81215.85$4,216
Sep 19932785,75415.03$4,178
Aug 19934196,28115.66$6,562
Jul 19934036,63115.46$6,230
Jun 19933606,70916.79$6,044
May 19932515,89417.68$4,438
Apr 19934237,01618.05$7,635
Mar 19932847,09118.14$5,152
Feb 19932764,57117.90$4,940
Jan 19933025,91816.93$5,113

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.

Sep 1998 — as filed, then multipliedworked
Oil                    0 bbl  × $ 12.59 =         $0
Casinghead gas       126 Mcf  × $  2.08 =       $262

────────────────────────────────────────────────────
Month total                                     $262

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/31271 is the state's own key, not one this site invented.