PHILLIPS UNIT

Name: PHILLIPS UNIT lease production and value, Jan 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENERGEN RESOURCES CORPORATION (P-5 252002) in the PATIENCE (PENN-REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34072District 08Field 69541300OilCasinghead gasSave Export

Value, all time

$3.1 M

Jan 1994 – Jul 2015

Value, last 12 filed months

at the published price for each month

Months reported

259

no gaps in the span

Streams

oil, casinghead gas

The PATIENCE (PENN-REEF) 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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered

1992-10-01

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1993-03-01.

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	47,043 bbl	$874,225
Casinghead gas	Production	1,051,282 Mcf	$2,223,057
Total			$3,097,282

477,859 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 (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 32.3927, -101.6186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39272, -101.61858 · 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

9,062 ft

1 wells filed one

Completion to plug

21.3 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 9,062 ft.

Completions filed

Jan 1994

1 of 1 wells

Plug dates filed

Apr 2015

1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-22734812	1	9,062 ft	Jan 1994	Apr 2015	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 (259)

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

259 months


Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	1,312	94.40	3.93	$5,161
May 2013	111	0	94.83	4.15	$10,526
Apr 2013	1	142	93.96	4.28	$702
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	3	149	86.95	3.62	$801
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	1	0	79.82	2.52	$80
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	330	98.09	2.73	$902
Dec 2011	0	364	96.87	3.24	$1,179
Nov 2011	0	138	95.72	3.31	$457
Oct 2011	0	423	84.98	3.65	$1,543
Sep 2011	0	303	83.62	3.99	$1,208
Aug 2011	0	513	83.40	4.15	$2,129
Jul 2011	0	512	94.14	4.52	$2,313
Jun 2011	0	634	92.90	4.64	$2,942
May 2011	171	0	98.13	4.40	$16,780
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	401	96.36	4.06	$1,627
Feb 2011	0	7	85.64	4.18	$29
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	1	78.10	3.51	$4
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	199	72.55	4.74	$943
Jun 2010	0	378	70.36	4.91	$1,856
May 2010	0	426	71.12	4.24	$1,804
Apr 2010	184	464	81.69	4.12	$16,944
Mar 2010	0	401	78.39	4.39	$1,760
Feb 2010	0	386	73.58	5.44	$2,101
Jan 2010	0	380	74.36	5.96	$2,266
Dec 2009	0	387	71.44	5.48	$2,122
Nov 2009	0	525	74.59	3.75	$1,970
Oct 2009	0	271	72.54	4.11	$1,114
Sep 2009	0	407	65.54	3.06	$1,247
Aug 2009	0	403	67.42	3.22	$1,297
Jul 2009	0	272	61.13	3.46	$942
Jun 2009	0	630	66.16	3.90	$2,454
May 2009	174	436	54.74	3.93	$11,236
Apr 2009	0	458	46.77	3.59	$1,643
Mar 2009	0	600	42.14	4.06	$2,435
Feb 2009	0	847	32.81	4.63	$3,924
Jan 2009	0	887	35.86	5.37	$4,764
Dec 2008	0	987	37.10	5.98	$5,899
Nov 2008	0	524	55.49	6.86	$3,595
Oct 2008	181	782	75.24	6.92	$19,031
Sep 2008	0	714	101.76	7.88	$5,624
Aug 2008	0	1,230	114.22	8.48	$10,434
Jul 2008	0	1,377	131.08	11.39	$15,683
Jun 2008	0	1,364	131.33	13.03	$17,777
May 2008	0	1,365	123.17	11.57	$15,799
Apr 2008	0	1,322	110.31	10.45	$13,821
Mar 2008	0	1,448	101.90	9.66	$13,994
Feb 2008	170	1,384	92.53	8.77	$27,869
Jan 2008	0	1,335	90.38	8.21	$10,955
Dec 2007	0	466	88.33	7.30	$3,403
Nov 2007	0	984	91.67	7.29	$7,175
Oct 2007	0	1,061	82.85	6.92	$7,344
Sep 2007	0	1,103	75.84	6.24	$6,887
Aug 2007	0	1,166	69.06	6.39	$7,448
Jul 2007	0	1,212	70.90	6.39	$7,742
Jun 2007	0	1,364	62.00	7.55	$10,296
May 2007	0	1,159	58.74	7.85	$9,094
Apr 2007	0	1,295	59.61	7.81	$10,108
Mar 2007	0	1,376	56.92	7.30	$10,048
Feb 2007	184	1,274	55.10	8.22	$20,606
Jan 2007	0	1,511	50.30	6.73	$10,164
Dec 2006	0	1,629	56.65	6.92	$11,270
Nov 2006	0	1,058	54.20	7.62	$8,059
Oct 2006	0	1,056	54.90	6.01	$6,351
Sep 2006	0	1,586	60.08	5.04	$7,989
Aug 2006	0	1,781	68.71	7.34	$13,072
Jul 2006	0	1,872	69.37	6.34	$11,874
Jun 2006	0	1,816	66.28	6.38	$11,593
May 2006	179	1,895	66.01	6.42	$23,991
Apr 2006	0	1,863	64.39	7.36	$13,713
Mar 2006	0	1,997	56.70	7.08	$14,145
Feb 2006	0	1,796	57.59	7.75	$13,921
Jan 2006	0	2,013	60.59	8.93	$17,983
Dec 2005	0	2,064	54.94	13.42	$27,689
Nov 2005	182	2,238	54.69	10.59	$33,650
Oct 2005	0	2,238	58.34	13.80	$30,875
Sep 2005	0	2,113	61.45	12.08	$25,523
Aug 2005	0	2,380	61.51	9.80	$23,316
Jul 2005	0	2,346	55.69	7.84	$18,401
Jun 2005	0	2,441	52.33	7.38	$18,017
May 2005	0	2,653	45.22	6.65	$17,646
Apr 2005	175	2,498	49.20	7.36	$26,996
Mar 2005	0	2,486	50.37	7.15	$17,787
Feb 2005	0	1,657	45.22	6.31	$10,459
Jan 2005	0	1,537	43.16	6.32	$9,717
Dec 2004	0	1,379	39.86	6.75	$9,310
Nov 2004	0	1,540	45.28	6.33	$9,749
Oct 2004	178	1,656	49.70	6.52	$19,636
Sep 2004	0	1,645	43.24	5.28	$8,692
Aug 2004	0	1,651	42.37	5.55	$9,164
Jul 2004	0	1,951	38.28	6.08	$11,870
Jun 2004	0	1,874	36.10	6.43	$12,055
May 2004	0	1,410	37.48	6.49	$9,157
Apr 2004	0	2,009	34.47	5.86	$11,770
Mar 2004	0	2,240	34.36	5.53	$12,388
Feb 2004	0	2,183	32.45	5.51	$12,028
Jan 2004	186	2,300	32.03	6.30	$20,447
Dec 2003	0	2,088	30.26	6.30	$13,158
Nov 2003	0	2,300	28.80	4.60	$10,569
Oct 2003	0	2,251	28.17	4.76	$10,714
Sep 2003	0	2,093	26.31	4.75	$9,940
Aug 2003	173	2,143	29.76	5.13	$16,141
Jul 2003	0	2,088	29.41	5.17	$10,797
Jun 2003	0	1,671	28.56	5.98	$9,998
May 2003	0	2,350	26.59	5.97	$14,036
Apr 2003	0	2,251	26.67	5.41	$12,172
Mar 2003	0	2,254	31.14	6.10	$13,740
Feb 2003	0	2,122	33.48	7.93	$16,819
Jan 2003	178	2,565	30.31	5.58	$19,713
Dec 2002	0	2,815	26.91	4.85	$13,663
Nov 2002	0	2,977	24.66	4.14	$12,316
Oct 2002	0	3,051	26.46	4.23	$12,903
Sep 2002	0	3,072	27.44	3.64	$11,167
Aug 2002	0	3,344	25.96	3.16	$10,581
Jul 2002	169	2,803	24.58	3.06	$12,736
Jun 2002	0	3,095	23.73	3.34	$10,332
May 2002	0	3,143	24.66	3.58	$11,265
Apr 2002	0	3,220	23.65	3.51	$11,310
Mar 2002	173	4,216	22.00	3.10	$16,887
Feb 2002	0	3,877	18.22	2.38	$9,211
Jan 2002	0	4,489	17.17	2.38	$10,664
Dec 2001	0	4,548	16.93	2.36	$10,753
Nov 2001	176	4,063	18.07	2.41	$12,954
Oct 2001	0	4,274	19.78	2.53	$10,808
Sep 2001	0	3,531	24.26	2.25	$7,949
Aug 2001	0	954	24.87	3.05	$2,913
Jul 2001	0	3,758	23.93	3.20	$12,015
Jun 2001	0	3,792	24.56	3.82	$14,501
May 2001	172	4,363	25.52	4.31	$23,182
Apr 2001	0	4,164	24.68	5.34	$22,216
Mar 2001	0	4,595	24.54	5.38	$24,705
Feb 2001	0	3,693	27.75	5.77	$21,298
Jan 2001	0	4,448	27.47	8.40	$37,358
Dec 2000	182	4,649	26.88	9.12	$47,303
Nov 2000	0	4,961	32.21	5.66	$28,069
Oct 2000	0	4,668	31.23	5.15	$24,019
Sep 2000	0	5,511	31.87	5.19	$28,583
Aug 2000	0	5,753	29.64	4.54	$26,123
Jul 2000	178	5,867	28.53	4.09	$29,073
Jun 2000	4	5,012	29.30	4.40	$22,156
May 2000	0	5,996	27.26	3.68	$22,064
Apr 2000	181	4,326	24.51	3.12	$17,916
Mar 2000	0	6,301	28.42	2.86	$18,019
Feb 2000	0	5,009	27.62	2.73	$13,657
Jan 2000	0	6,043	25.27	2.48	$14,990
Dec 1999	181	4,284	24.28	2.42	$14,778
Nov 1999	0	3,910	23.19	2.43	$9,517
Oct 1999	0	5,559	20.98	2.80	$15,586
Sep 1999	0	5,981	21.75	2.62	$15,663
Aug 1999	199	9,911	19.26	2.88	$32,333
Jul 1999	11	7,344	17.89	2.37	$17,619
Jun 1999	2	6,857	15.94	2.36	$16,229
May 1999	176	6,814	15.79	2.32	$18,594
Apr 1999	4	6,556	15.10	2.21	$14,536
Mar 1999	0	6,712	12.47	1.84	$12,339
Feb 1999	0	6,446	9.98	1.82	$11,717
Jan 1999	356	7,435	10.38	1.90	$17,821
Dec 1998	0	7,153	9.20	1.77	$12,685
Nov 1998	0	6,660	10.89	2.19	$14,557
Oct 1998	19	13,829	12.42	1.97	$27,468
Sep 1998	10	7,940	12.59	2.08	$16,662
Aug 1998	371	10,591	11.30	1.91	$24,393
Jul 1998	17	10,954	11.74	2.24	$24,707
Jun 1998	21	16,427	11.24	2.24	$36,988
May 1998	340	11,840	12.62	2.21	$30,414
Apr 1998	1	8,924	13.04	2.51	$22,371
Mar 1998	0	8,869	12.80	2.31	$20,482
Feb 1998	352	8,016	13.95	2.30	$23,340
Jan 1998	0	8,569	14.70	2.15	$18,464
Dec 1997	360	7,339	16.32	2.41	$23,570
Nov 1997	0	7,249	18.19	3.09	$22,387
Oct 1997	7	9,004	19.25	3.15	$28,496
Sep 1997	363	10,406	17.74	2.95	$37,188
Aug 1997	355	10,013	17.86	2.55	$31,921
Jul 1997	314	9,817	17.58	2.25	$27,578
Jun 1997	0	7,858	17.24	2.26	$17,737
May 1997	0	8,078	18.97	2.31	$18,648
Apr 1997	187	7,246	17.88	2.08	$18,435
Mar 1997	348	8,041	18.95	1.94	$22,187
Feb 1997	0	1,371	20.49	2.21	$3,024
Jan 1997	0	2,223	23.48	3.54	$7,869
Dec 1996	356	8,881	23.32	—	$8,302
Nov 1996	359	11,245	21.97	—	$7,887
Oct 1996	366	11,143	23.31	—	$8,531
Sep 1996	356	10,977	22.22	—	$7,910
Aug 1996	349	11,915	20.26	—	$7,071
Jul 1996	359	12,243	19.55	—	$7,018
Jun 1996	356	12,759	18.73	—	$6,668
May 1996	698	14,052	19.43	—	$13,562
Apr 1996	360	14,838	21.51	—	$7,744
Mar 1996	736	15,106	19.38	—	$14,264
Feb 1996	728	14,302	16.98	—	$12,361
Jan 1996	723	16,060	17.07	—	$12,342
Dec 1995	737	16,554	17.19	—	$12,669
Nov 1995	732	17,081	16.00	—	$11,712
Oct 1995	733	16,722	15.43	—	$11,310
Sep 1995	1,134	17,543	16.18	—	$18,348
Aug 1995	1,100	18,751	15.92	—	$17,512
Jul 1995	1,102	16,241	15.24	—	$16,794
Jun 1995	710	14,672	16.41	—	$11,651
May 1995	1,468	13,857	17.56	—	$25,778
Apr 1995	1,107	13,471	17.73	—	$19,627
Mar 1995	1,073	14,725	16.44	—	$17,640
Feb 1995	1,084	12,081	16.58	—	$17,973
Jan 1995	1,085	12,210	15.92	—	$17,273
Dec 1994	1,425	11,613	15.03	—	$21,418
Nov 1994	1,086	10,380	15.90	—	$17,267
Oct 1994	1,434	12,309	15.58	—	$22,342
Sep 1994	1,426	12,577	15.29	—	$21,804
Aug 1994	1,601	11,812	16.13	—	$25,824
Jul 1994	1,601	12,646	17.56	—	$28,114
Jun 1994	2,131	14,680	17.09	—	$36,419
May 1994	2,525	15,155	15.88	—	$40,097
Apr 1994	2,175	11,748	14.14	—	$30,755
Mar 1994	2,543	11,530	12.46	—	$31,686
Feb 1994	2,174	10,507	12.50	—	$27,175
Jan 1994	1,451	5,473	12.66	—	$18,370

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.

Jun 2013 — as filed, then multipliedworked

Oil                    0 bbl  × $ 94.40 =         $0
Casinghead gas     1,312 Mcf  × $  3.93 =     $5,161

────────────────────────────────────────────────────
Month total                                   $5,161

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/34072 is the state's own key, not one this site invented.