RIO PECOS

Operated by PROPEL ENERGY, LLC (P-5 681457) in the PINAL DOME (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35070District 08Field 71542400OilCasinghead gasSaveExport
Value, all time
$1.8 M
Sep 1996 – Mar 2013
Value, last 12 filed months
$73 k
at the published price for each month
Months reported
199
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 16 leases and 57 wells, and the rule below applies to all of them.

Discovered
1984-04-02
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 Commission's schedule remark for this field reads: (DELAWARE CONS) FIELD EFFECTIVE 9/11/2012.

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
OilDisposition33,944 bbl$1,631,982
Casinghead gasProduction66,947 Mcf$202,741
Total$1,834,722

6,288 Mcf of this lease's gas, across 2 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 31.8922, -103.5227. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.89222, -103.52272 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,983 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,535 and 8,431 ft, median 7,983 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1996 – Dec 2011
2 of 2 wells

2 wells

42-3013106647028,431 ftDec 2011Yes
42-3013105747017,535 ftSep 1996Yes

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 (199)

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

199 months

Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012272094.672.92$25,750
Aug 201235092.662.91$3,243
Jul 20127641485.133.02$7,720
Jun 201237044279.822.52$30,647
May 201274791.612.49$758
Apr 201240496101.652.00$5,056
Mar 20129280105.052.22$9,842
Feb 201248748101.102.57$6,775
Jan 201210769998.092.73$12,407
Dec 201114571296.873.24$16,353
Nov 201136463495.723.31$36,941
Oct 2011057984.983.65$2,113
Sep 201154057883.623.99$47,459
Aug 201156786383.404.15$50,869
Jul 201154185394.144.52$54,783
Jun 201136683192.904.64$37,857
May 2011087498.134.40$3,850
Apr 2011531771105.964.33$59,606
Mar 20111,06293096.364.06$106,108
Feb 201137572185.644.18$35,129
Jan 20111,07492886.504.59$97,159
Dec 201054588285.734.35$50,558
Nov 20101,07391580.843.80$90,214
Oct 20101,23693078.103.51$99,795
Sep 201072894472.633.98$56,631
Aug 20101,26394473.684.42$97,230
Jul 201071289872.554.74$55,909
Jun 201054045270.364.91$40,214
May 2010045271.124.24$1,914
Apr 2010015881.694.12$651
Mar 20100078.394.39$0
Feb 2010036173.585.44$1,965
Jan 2010030274.365.96$1,801
Dec 200935825171.445.48$26,952
Nov 2009063974.593.75$2,397
Oct 200918546472.544.11$15,327
Sep 200917659865.543.06$13,368
Aug 200935564667.423.22$26,013
Jul 200952977561.133.46$35,023
Jun 200921251966.163.90$16,047
May 2009051354.743.93$2,014
Apr 2009041046.773.59$1,471
Mar 2009017742.144.06$718
Feb 200955136032.814.63$19,746
Jan 2009039135.865.37$2,100
Dec 2008018037.105.98$1,076
Nov 200818118055.496.86$11,279
Oct 2008031075.246.92$2,146
Sep 20081760101.767.88$17,910
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007181069.066.39$12,500
Jul 200713770.906.39$307
Jun 200709262.007.55$694
May 200702858.747.85$220
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
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 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200238018.222.38$692
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200117510724.262.25$4,486
Aug 200137141624.873.05$10,497
Jul 200105223.933.20$166
Jun 200117439524.563.82$5,784
May 200137144225.524.31$11,372
Apr 20015561,22424.685.34$20,253
Mar 20015611,18724.545.38$20,149
Feb 2001051427.755.77$2,964
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20001232931.235.15$3,991
Sep 200002331.875.19$119
Aug 2000380329.644.54$11,277
Jul 20005549528.534.09$16,194
Jun 20003724329.304.40$11,089
May 20001763727.263.68$4,934
Apr 20003841,13524.513.12$12,949
Mar 20007501,18228.422.86$24,695
Feb 200054087627.622.73$17,303
Jan 200041726125.272.48$11,185
Dec 199918731324.282.42$5,299
Nov 199918521623.192.43$4,816
Oct 199920044120.982.80$5,432
Sep 199935568421.752.62$9,513
Aug 19991789619.262.88$3,704
Jul 199917819817.892.37$3,654
Jun 1999017315.942.36$409
May 199901415.792.32$32
Apr 19995333415.102.21$8,123
Mar 199909412.471.84$173
Feb 199901599.981.82$289
Jan 1999017010.381.90$323
Dec 19981822409.201.77$2,100
Nov 1998028110.892.19$614
Oct 199818228912.421.97$2,830
Sep 199818233112.592.08$2,981
Aug 199817837611.301.91$2,729
Jul 199817734511.742.24$2,850
Jun 199817030011.242.24$2,582
May 199817933712.622.21$3,003
Apr 199816518113.042.51$2,605
Mar 199834785812.802.31$6,423
Feb 19987281,00413.952.30$12,464
Jan 19985451,10314.702.15$10,388
Dec 19975411,10316.322.41$11,489
Nov 199753973218.193.09$12,065
Oct 199773082519.253.15$16,651
Sep 199718224017.742.95$3,938
Aug 19976921,10817.862.55$15,190
Jul 19975281,40917.582.25$12,448
Jun 19971821,02317.242.26$5,447
May 19973601,21018.972.31$9,622
Apr 19973521,80617.882.08$10,055
Mar 19975472,03918.951.94$14,320
Feb 19975383,24520.492.21$18,182
Jan 19977193,65323.483.54$29,813
Dec 19961,2665,38023.32$29,523
Nov 199636190821.97$7,931
Oct 19960023.31$0
Sep 19960022.22$0

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 2012 — as filed, then multipliedworked
Oil                  272 bbl  × $ 94.67 =    $25,750
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                  $25,750

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/35070 is the state's own key, not one this site invented.