PAC "54"

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the PAC "54" (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35500District 08Field 68267200OilCasinghead gasSaveExport
Value, all time
$3.4 M
Aug 1997 – Jan 2011
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
162
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1997-08-01
as the register files it
Field class
Oil
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 field rule took effect on 1998-03-06.

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
OilDisposition74,376 bbl$2,018,475
Casinghead gasProduction355,317 Mcf$1,343,478
Total$3,361,952

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 31.9178, -101.4288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91777, -101.42885 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,088 ft
1 wells filed one
Completion to plug
12.6 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 10,088 ft.

Completions filed
Jul 1997
1 of 1 wells
Plug dates filed
Feb 2010
1 of 1 wells

Last completion to plug: a median of 12.6 years across the 1 well that filed both dates, with the middle half between 12.6 years and 12.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17332769110,088 ftJul 1997Feb 2010Yes

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 (162)

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

162 months

Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20102080.843.80$162
Oct 20105078.103.51$391
Sep 20105072.633.98$363
Aug 20105073.684.42$368
Jul 20105072.554.74$363
Jun 20105070.364.91$352
May 20105071.124.24$356
Apr 20105081.694.12$408
Mar 201076078.394.39$5,958
Feb 20101073.585.44$74
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20097065.543.06$459
Aug 2009164067.423.22$11,057
Jul 2009160061.133.46$9,781
Jun 2009165066.163.90$10,916
May 20096054.743.93$328
Apr 20095046.773.59$234
Mar 200916738842.144.06$8,612
Feb 200916547932.814.63$7,633
Jan 200916853735.865.37$8,909
Dec 2008015837.105.98$944
Nov 200816147355.496.86$12,179
Oct 200813429375.246.92$12,110
Sep 2008172563101.767.88$21,938
Aug 2008171665114.228.48$25,173
Jul 2008171710131.0811.39$30,501
Jun 2008165679131.3313.03$30,519
May 2008173828123.1711.57$30,892
Apr 2008171420110.3110.45$23,254
Mar 2008182658101.909.66$24,905
Feb 2008181092.538.77$16,748
Jan 200818082390.388.21$23,022
Dec 2007050288.337.30$3,666
Nov 200717026291.677.29$17,494
Oct 200735497582.856.92$36,078
Sep 2007044675.846.24$2,785
Aug 200719982569.066.39$19,013
Jul 200717962770.906.39$16,696
Jun 200716896862.007.55$17,723
May 200733743458.747.85$23,201
Apr 200701,02359.617.81$7,985
Mar 20073471,04256.927.30$27,360
Feb 2007097555.108.22$8,011
Jan 2007050950.306.73$3,424
Dec 20060056.656.92$0
Nov 200617761154.207.62$14,248
Oct 20061821,12954.906.01$16,781
Sep 200632451160.085.04$22,040
Aug 200617251168.717.34$15,569
Jul 20061701,19169.376.34$19,347
Jun 20065071,28666.286.38$41,814
May 20060066.016.42$0
Apr 20061731,06264.397.36$18,956
Mar 20061741,10656.707.08$17,700
Feb 200633892357.597.75$26,620
Jan 20062161,10360.598.93$22,941
Dec 200552098854.9413.42$41,823
Nov 20051881,22754.6910.59$23,274
Oct 20053431,07158.3413.80$34,786
Sep 20055441,22061.4512.08$48,165
Aug 20053441,44661.519.80$35,326
Jul 20055071,11255.697.84$36,957
Jun 20051781,63852.337.38$21,405
May 20053461,05445.226.65$22,656
Apr 200517594049.207.36$15,529
Mar 200536094050.377.15$24,859
Feb 20051831,10645.226.31$15,256
Jan 20055371,43543.166.32$32,249
Dec 20041801,19039.866.75$15,209
Nov 20043621,06745.286.33$23,146
Oct 20043571,04649.706.52$24,558
Sep 200435091743.245.28$19,979
Aug 20041751,36242.375.55$14,975
Jul 20043551,34038.286.08$21,742
Jun 20043561,42636.106.43$22,025
May 20041791,49437.486.49$16,412
Apr 200436393234.475.86$17,973
Mar 20045371,41534.365.53$26,276
Feb 20041791,26232.455.51$12,762
Jan 20045391,62832.036.30$27,520
Dec 20033621,66030.266.30$21,415
Nov 20033621,79328.804.60$18,665
Oct 20031811,33428.174.76$11,448
Sep 20033551,45126.314.75$16,231
Aug 200317266029.765.13$8,504
Jul 200317599229.415.17$10,276
Jun 20033451,59028.565.98$19,366
May 20033561,84626.595.97$20,492
Apr 20035371,82026.675.41$24,163
Mar 20033601,95231.146.10$23,110
Feb 20035381,95133.487.93$33,476
Jan 20033642,13330.315.58$22,939
Dec 20023681,94626.914.85$19,348
Nov 20025441,98924.664.14$21,643
Oct 20023611,94726.464.23$17,786
Sep 20023571,76627.443.64$16,216
Aug 20023582,11625.963.16$15,989
Jul 20021801,83724.583.06$10,049
Jun 200217872823.733.34$6,654
May 20025381,46324.663.58$18,510
Apr 20021801,53923.653.51$9,662
Mar 20027311,70722.003.10$21,378
Feb 20021811,63418.222.38$7,180
Jan 20023591,72817.172.38$10,269
Dec 20015471,87316.932.36$13,689
Nov 20013501,74218.072.41$10,515
Oct 20013542,05719.782.53$12,204
Sep 20015151,98824.262.25$16,970
Aug 20013542,03024.873.05$15,002
Jul 20015402,20523.933.20$19,972
Jun 20015302,64724.563.82$23,139
May 20011,1482,11825.524.31$38,420
Apr 20015192,92624.685.34$28,420
Mar 20016803,10724.545.38$33,392
Feb 20018792,98827.755.77$41,624
Jan 20015453,41827.478.40$43,678
Dec 20007243,48326.889.12$51,235
Nov 20007293,54632.215.66$43,544
Oct 200003,71931.235.15$19,136
Sep 20005233,54431.875.19$35,049
Aug 20006995,34329.644.54$44,980
Jul 20007082,90328.534.09$32,072
Jun 20008674,32729.304.40$44,430
May 20008324,55827.263.68$39,453
Apr 20007004,43624.513.12$30,980
Mar 20007034,49028.422.86$32,820
Feb 20008934,37427.622.73$36,590
Jan 20001,010025.272.48$25,523
Dec 19997004,96924.282.42$29,039
Nov 19991,0744,89723.192.43$36,825
Oct 19997077,44820.982.80$35,715
Sep 19998895,37821.752.62$33,420
Aug 19991,0545,76619.262.88$36,881
Jul 19998746,05617.892.37$30,003
Jun 19999026,09915.942.36$28,784
May 19991,0406,62115.792.32$31,789
Apr 19991,0646,47715.102.21$30,368
Mar 19991,2726,75112.471.84$28,272
Feb 19991,0676,2469.981.82$22,003
Jan 19991,228010.381.90$12,747
Dec 19981,5957,5499.201.77$28,061
Nov 19981,4647,92010.892.19$33,254
Oct 19981,4759,43812.421.97$36,905
Sep 19981,4349,71712.592.08$38,291
Aug 19981,76410,56411.301.91$40,082
Jul 19981,98911,14811.742.24$48,292
Jun 19981,79611,05611.242.24$44,922
May 19982,15212,22512.622.21$54,131
Apr 19982,10810,87113.042.51$54,724
Mar 19982,21312,50912.802.31$57,215
Feb 19982,303013.952.30$32,127
Jan 19981,64310,18614.702.15$46,101
Dec 19971,1877,07116.322.41$36,421
Nov 19975018.193.09$91
Oct 199716019.253.15$308
Sep 19970017.742.95$0
Aug 1997244017.862.55$4,358

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.

Nov 2010 — as filed, then multipliedworked
Oil                    2 bbl  × $ 80.84 =       $162
Casinghead gas         0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                     $162

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/35500 is the state's own key, not one this site invented.