TAS

Operated by PRIZE OPERATING COMPANY (P-5 679278) in the P&P (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35509District 08Field 68222080OilCasinghead gasSaveExport
Value, all time
$7.9 M
May 1997 – Aug 2000
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
40
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 5 leases and 30 wells, and the rule below applies to all of them.

Discovered
1995-01-09
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1995-04-25.

The Commission's schedule remark for this field reads: CORRELATIVE INTERVAL IS 5397-5680 AS SHOWN ON LOG OF RENAUD NO. 1

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
OilDisposition377,317 bbl$6,194,633
Casinghead gasProduction686,067 Mcf$1,658,560
Total$7,853,193

Wells on this lease (4)

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 31.3108, -102.5904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.31112, -102.59049 · 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
0.0%
0 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
5,758 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
4100.0%

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 5,700 and 5,834 ft, median 5,758 ft, over the 4 wells that filed a depth.

Completions filed
May 1997 – Jun 2019
4 of 4 wells

4 wells

42-1033449235,834 ftJun 2019
42-1033457055,700 ftFeb 2010
42-1033453245,797 ftOct 1997
42-1033448525,719 ftMay 1997

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 (40)

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

40 months

Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20006,37716,89127.263.68$235,992
Apr 20006,11717,00024.513.12$202,900
Mar 20006,83618,54028.422.86$247,299
Feb 20008,34119,95827.622.73$284,794
Jan 20009,46922,59225.272.48$295,321
Dec 19999,40221,87924.282.42$281,309
Nov 19998,91521,91823.192.43$260,087
Oct 19999,66923,32920.982.80$268,263
Sep 199910,68624,57221.752.62$296,771
Aug 199911,00025,52719.262.88$285,265
Jul 199912,55425,53217.892.37$285,162
Jun 19999,28320,47415.942.36$196,333
May 19997,64917,45715.792.32$161,296
Apr 19997,07815,66915.102.21$141,476
Mar 19997,46016,31312.471.84$123,015
Feb 19997,30215,3339.981.82$100,746
Jan 19997,71217,09910.381.90$112,538
Dec 19988,21318,4349.201.77$108,249
Nov 19988,46119,05310.892.19$133,785
Oct 19989,07120,80812.421.97$153,637
Sep 19989,87321,87012.592.08$169,848
Aug 199812,92725,45811.301.91$194,632
Jul 199814,20923,44711.742.24$219,271
Jun 199814,03221,68411.242.24$206,233
May 199815,31624,27212.622.21$246,840
Apr 199813,61722,97413.042.51$235,123
Mar 199816,53025,54812.802.31$270,586
Feb 199816,91421,36413.952.30$285,069
Jan 199817,14220,15414.702.15$295,415
Dec 199715,89116,72016.322.41$299,655
Nov 199711,87514,86418.193.09$261,910
Oct 199711,02613,78019.253.15$255,655
Sep 199710,66914,80117.742.95$233,003
Aug 199710,1039,33717.862.55$204,293
Jul 19978,5445,72317.582.25$163,063
Jun 19974,8354,53017.242.26$93,581
May 19972,2191,16318.972.31$44,779

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.

May 2000 — as filed, then multipliedworked
Oil                6,377 bbl  × $ 27.26 =   $173,837
Casinghead gas    16,891 Mcf  × $  3.68 =    $62,155

────────────────────────────────────────────────────
Month total                                 $235,992

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/35509 is the state's own key, not one this site invented.