LIGON, S. E. STATE

Operated by PITTS ENERGY CO. (P-5 666430) in the WORSHAM, EAST (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31932District 08Field 98818500OilCasinghead gasSaveExport
Value, all time
$793 k
Jan 1993 – Apr 2007
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
172
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 20 leases and 23 wells, and the rule below applies to all of them.

Discovered
1979-07-20
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 80 acres.

The Commission's schedule remark for this field reads: OPERATOR REQUEST (PENNANT PETROLEUM, INC.)

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
OilDisposition4,036 bbl$103,414
Casinghead gasProduction151,283 Mcf$689,376
Total$792,790

5,084 Mcf of this lease's gas, across 44 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 31.3321, -103.1913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.33202, -103.19154 · 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%
3 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
6,700 ft
3 wells filed one
Completion to plug
8.6 years
median over 2 wells

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 6,700 and 6,700 ft, median 6,700 ft, over the 3 wells that filed a depth.

Completions filed
Jul 1979 – Nov 1988
3 of 3 wells
Plug dates filed
Oct 1992
2 of 3 wells; 1 filed none

Last completion to plug: a median of 8.6 years across the 2 wells that filed both dates, with the middle half between 6.3 years and 10.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3893103966,700 ftNov 1988Oct 1992Yes
42-3893105696,700 ftOct 1979Yes
42-3893102646,700 ftJul 1979Oct 1992Yes

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 (172)

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

172 months

Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200754055.108.22$2,975
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006048669.376.34$3,083
Jun 2006078066.286.38$4,979
May 2006079866.016.42$5,127
Apr 2006089364.397.36$6,573
Mar 2006086356.707.08$6,113
Feb 20065583757.597.75$9,655
Jan 2006090360.598.93$8,067
Dec 2005054054.9413.42$7,244
Nov 20053768854.6910.59$9,308
Oct 2005090258.3413.80$12,444
Sep 2005062561.4512.08$7,549
Aug 2005153061.519.80$1,217
Jul 2005062355.697.84$4,887
Jun 2005073752.337.38$5,440
May 20056054145.226.65$6,311
Apr 2005037749.207.36$2,775
Mar 2005046350.377.15$3,313
Feb 200502,12345.226.31$13,400
Jan 20056682243.166.32$8,045
Dec 2004069039.866.75$4,658
Nov 2004057745.286.33$3,653
Oct 2004027049.706.52$1,759
Sep 2004022343.245.28$1,178
Aug 20048228142.375.55$5,034
Jul 2004032438.286.08$1,971
Jun 20048923936.106.43$4,750
May 2004020937.486.49$1,357
Apr 2004028134.475.86$1,646
Mar 2004022934.365.53$1,266
Feb 20048634832.455.51$4,708
Jan 2004025132.036.30$1,581
Dec 2003029930.266.30$1,884
Nov 2003036728.804.60$1,686
Oct 2003033828.174.76$1,609
Sep 2003034826.314.75$1,653
Aug 20038742229.765.13$4,754
Jul 2003042729.415.17$2,208
Jun 2003035228.565.98$2,106
May 20039036326.595.97$4,561
Apr 2003037726.675.41$2,039
Mar 20039344131.146.10$5,584
Feb 2003026433.487.93$2,092
Jan 2003047830.315.58$2,668
Dec 200211626826.914.85$4,422
Nov 20023543524.664.14$2,663
Oct 200215773226.464.23$7,250
Sep 2002049727.443.64$1,807
Aug 2002090625.963.16$2,867
Jul 2002061424.583.06$1,880
Jun 2002069123.733.34$2,307
May 2002067224.663.58$2,408
Apr 20021231,09923.653.51$6,769
Mar 200201,22522.003.10$3,801
Feb 200201,34818.222.38$3,202
Jan 20021283,28917.172.38$10,011
Dec 20011164,33716.932.36$12,218
Nov 200104,09918.072.41$9,860
Oct 2001996,89919.782.53$19,405
Sep 200103,68024.262.25$8,285
Aug 20011696,60824.873.05$24,378
Jul 200107,77823.933.20$24,867
Jun 200106,99124.563.82$26,735
May 20012285,93025.524.31$31,361
Apr 200105,70224.685.34$30,422
Mar 200104,63824.545.38$24,936
Feb 200105,92527.755.77$34,170
Jan 200106,05427.478.40$50,846
Dec 200003,28126.889.12$29,931
Nov 2000686,15632.215.66$37,021
Oct 20001133,36931.235.15$20,864
Sep 200005,97531.875.19$30,989
Aug 20001225,52729.644.54$28,713
Jul 20001465,06128.534.09$24,864
Jun 20001384,53629.304.40$23,989
May 200002,05027.263.68$7,543
Apr 20001202,12124.513.12$9,550
Mar 2000841,42228.422.86$6,454
Feb 20007786727.622.73$4,491
Jan 20009686525.272.48$4,572
Dec 1999098824.282.42$2,395
Nov 19990523.192.43$12
Oct 199909020.982.80$252
Sep 19995121.752.62$111
Aug 19990019.262.88$0
Jul 19990317.892.37$7
Jun 199901015.942.36$24
May 199902715.792.32$63
Apr 199917615.102.21$270
Mar 199901012.471.84$18
Feb 1999079.981.82$13
Jan 19990410.381.90$8
Dec 199865109.201.77$616
Nov 19980510.892.19$11
Oct 199889812.421.97$1,121
Sep 1998895412.592.08$1,233
Aug 199801011.301.91$19
Jul 199803911.742.24$87
Jun 199801311.242.24$29
May 1998401512.622.21$538
Apr 199804813.042.51$120
Mar 199802212.802.31$51
Feb 199802313.952.30$53
Jan 199803814.702.15$82
Dec 1997805516.322.41$1,438
Nov 199702818.193.09$86
Oct 199704719.253.15$148
Sep 199707617.742.95$225
Aug 199703717.862.55$95
Jul 199702917.582.25$65
Jun 1997893817.242.26$1,620
May 1997010618.972.31$245
Apr 199708917.882.08$185
Mar 199704218.951.94$81
Feb 1997703720.492.21$1,516
Jan 1997010323.483.54$365
Dec 199602423.32$0
Nov 199601321.97$0
Oct 199602823.31$0
Sep 199608522.22$0
Aug 199604720.26$0
Jul 1996337519.55$645
Jun 1996309918.73$562
May 1996185619.43$350
Apr 199609921.51$0
Mar 199606119.38$0
Feb 1996010116.98$0
Jan 199609417.07$0
Dec 1995020317.19$0
Nov 199504016.00$0
Oct 1995432115.43$663
Sep 199501716.18$0
Aug 199501715.92$0
Jul 199502315.24$0
Jun 199501716.41$0
May 1995112417.56$193
Apr 199503717.73$0
Mar 199504416.44$0
Feb 199502516.58$0
Jan 199546015.92$732
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199402515.29$0
Aug 1994073916.13$0
Jul 1994071117.56$0
Jun 1994063017.09$0
May 1994611915.88$969
Apr 199402614.14$0
Mar 199402612.46$0
Feb 199403612.50$0
Jan 1994538812.66$671
Dec 1993011312.33$0
Nov 19936512014.49$942
Oct 1993011515.85$0
Sep 199304815.03$0
Aug 19936110915.66$955
Jul 199306815.46$0
Jun 199308116.79$0
May 1993022317.68$0
Apr 199368118.05$1,227
Mar 1993011018.14$0
Feb 1993036817.90$0
Jan 19935417816.93$914

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.

Feb 2007 — as filed, then multipliedworked
Oil                   54 bbl  × $ 55.10 =     $2,975
Casinghead gas         0 Mcf  × $  8.22 =         $0

────────────────────────────────────────────────────
Month total                                   $2,975

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/31932 is the state's own key, not one this site invented.