PFLUGER G

Operated by INDEPENDENCE RESOURCES MGMT, LLC (P-5 423716) in the LOWER HALF (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37423District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$25.7 M
Aug 2004 – Feb 2020
Value, last 12 filed months
$337 k
at the published price for each month
Months reported
187
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 46 leases and 237 wells, and the rule below applies to all of them.

Discovered
1985-05-27
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 field rule took effect on 1991-10-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition300,802 bbl$20,330,359
Casinghead gasProduction1,153,024 Mcf$5,322,754
Total$25,653,113

Every month this lease reported (187)

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

187 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20197652,96355.052.66$49,987
Aug 20195664,94553.112.30$41,455
Jul 20195474,98056.272.46$43,031
Jun 20196024,79152.782.49$43,709
May 20195204,99358.482.74$44,092
Apr 20198384,68462.632.75$65,368
Mar 20196554,09756.803.06$49,749
Feb 20195983,79050.852.79$40,991
Jan 20198423,29346.033.23$49,388
Dec 20187823,90846.594.19$52,790
Nov 20187223,75252.934.24$54,114
Oct 20189614,30261.443.40$73,662
Sep 20184344,51759.543.11$39,879
Aug 20186694,42459.403.07$53,305
Jul 20189255,53765.142.93$76,488
Jun 20184835,99260.183.08$47,504
May 20186554,83965.382.90$56,861
Apr 20189645,95663.842.90$78,819
Mar 20187297,62761.222.79$65,885
Feb 20189976,94661.782.77$80,808
Jan 20187806,67562.874.01$75,801
Dec 20171,0516,32157.272.92$78,658
Nov 20177376,31455.423.12$60,534
Oct 20171,2177,68549.292.98$82,916
Sep 20177227,75147.523.09$58,239
Aug 20171,3008,12045.373.00$83,377
Jul 20171,5408,25543.873.09$93,045
Jun 20171,4405,38342.493.09$77,804
May 20174554,03545.373.26$33,811
Apr 20177493,77947.933.21$48,036
Mar 20176064,16546.772.98$40,770
Feb 20171,0245,18150.452.95$66,958
Jan 20178555,93649.413.42$62,540
Dec 20169286,09148.763.72$67,925
Nov 20168265,74442.492.64$50,286
Oct 20168815,83146.193.09$58,713
Sep 20166375,72941.553.10$44,231
Aug 20165435,99641.442.92$40,036
Jul 20167664,78541.622.92$45,874
Jun 20165905,94145.352.69$42,713
May 20165916,10742.521.99$37,289
Apr 20165584,85236.561.99$30,061
Mar 20169455,95233.011.79$41,872
Feb 20165825,40926.472.06$26,568
Jan 20169326,22827.352.36$40,215
Dec 20157595,99732.362.00$36,564
Nov 20154855,61238.792.17$30,976
Oct 20159136,98043.552.43$56,699
Sep 20154615,93142.992.76$36,179
Aug 20157926,02540.162.87$49,113
Jul 20157767,47048.152.95$59,364
Jun 20157167,18056.152.88$60,902
May 20156367,15255.212.96$56,251
Apr 20156505,30849.822.71$46,749
Mar 20151,0594,72742.892.93$59,293
Feb 20157814,53044.662.98$48,362
Jan 20156344,76143.433.10$42,297
Dec 20149296,12254.693.59$72,793
Nov 20141,0696,88770.464.25$104,604
Oct 20145586,72778.303.90$69,933
Sep 20141,0116,58386.164.05$113,739
Aug 20147196,17589.394.04$89,188
Jul 20148236,03396.564.18$104,684
Jun 20146316,57498.164.74$93,079
May 20147117,40394.734.73$102,344
Apr 20148388,21495.944.81$119,900
Mar 20146908,23595.895.06$107,807
Feb 20141,0527,31597.406.19$147,759
Jan 20141,1847,92790.404.86$145,565
Dec 20131,2436,34791.824.35$141,770
Nov 20138845,79088.853.74$100,188
Oct 20131,0687,82097.423.78$133,599
Sep 20138557,354104.113.72$116,354
Aug 20139798,346104.253.52$131,460
Jul 20131,0318,452102.523.72$137,120
Jun 20138137,70494.403.93$107,050
May 20139156,32194.834.15$112,996
Apr 20131,0185,59893.964.28$119,625
Mar 20131,0975,99193.623.91$126,143
Feb 20131,0796,41191.233.42$120,362
Jan 20131,4467,25191.603.42$157,251
Dec 20121,4597,52186.773.42$152,320
Nov 20121,6307,20286.953.62$167,835
Oct 20121,1926,34189.383.40$128,098
Sep 20128526,87094.672.92$100,708
Aug 20121,0367,22492.662.91$117,004
Jul 20129425,95185.133.02$98,169
Jun 20121,0816,67579.822.52$103,100
May 20121,2417,84591.612.49$133,209
Apr 20121,2457,760101.652.00$142,049
Mar 20121,3417,630105.052.22$157,827
Feb 20121,3647,178101.102.57$156,350
Jan 20121,3307,17598.092.73$150,077
Dec 20111,4948,10196.873.24$170,969
Nov 20111,1225,55895.723.31$125,802
Oct 20111,8055,75384.983.65$174,379
Sep 20119147,68783.623.99$107,068
Aug 20111,5518,78683.404.15$165,809
Jul 20111,4878,67994.144.52$179,191
Jun 20111,2659,13692.904.64$159,908
May 20111,6269,24198.134.40$200,264
Apr 20111,0737,577105.964.33$146,528
Mar 20111,7657,77196.364.06$201,605
Feb 20111,4286,41285.644.18$149,096
Jan 20111,9319,09386.504.59$208,757
Dec 20101,4647,59485.734.35$158,526
Nov 20101,4275,70380.843.80$137,003
Oct 20101,4547,98878.103.51$141,586
Sep 20101,3368,36272.633.98$130,310
Aug 20101,7889,16373.684.42$172,234
Jul 20101,2859,30872.554.74$137,314
Jun 20101,2388,70570.364.91$129,851
May 20101,6979,16271.124.24$159,494
Apr 20101,6458,30881.694.12$168,631
Mar 20101,8558,56278.394.39$182,989
Feb 20108896,90573.585.44$102,992
Jan 20101,7777,59074.365.96$177,405
Dec 20091,6727,15771.445.48$158,695
Nov 20091,2987,66274.593.75$125,562
Oct 20091,7548,88372.544.11$163,747
Sep 20091,6388,15065.543.06$132,332
Aug 20091,8198,40467.423.22$149,685
Jul 20092,1158,27461.133.46$157,955
Jun 20092,0859,67866.163.90$175,639
May 20091,9259,08054.743.93$141,020
Apr 20092,1596,40546.773.59$123,954
Mar 20092,39010,77442.144.06$144,446
Feb 20092,0939,25132.814.63$111,531
Jan 20092,34013,01535.865.37$153,816
Dec 20082,71814,43337.105.98$187,106
Nov 20083,25013,91355.496.86$275,791
Oct 20082,0279,31875.246.92$217,010
Sep 20082,1247,758101.767.88$277,249
Aug 20082,1226,149114.228.48$294,537
Jul 20081,8955,058131.0811.39$306,004
Jun 20082,0975,645131.3313.03$348,968
May 20082,0086,035123.1711.57$317,176
Apr 20082,3994,886110.3110.45$315,716
Mar 20081,8824,357101.909.66$233,882
Feb 20082,7234,20492.538.77$288,831
Jan 20082,1264,43190.388.21$228,507
Dec 20072,3904,28288.337.30$242,376
Nov 20072,4604,83191.677.29$260,734
Oct 20072,5415,24482.856.92$246,821
Sep 20072,4695,52275.846.24$221,729
Aug 20072,7375,56169.066.39$224,541
Jul 20072,7235,95570.906.39$231,101
Jun 20072,6615,27062.007.55$204,762
May 20073,3535,61358.747.85$240,996
Apr 20073,0136,35659.617.81$229,215
Mar 20073,8786,87656.927.30$270,944
Feb 20074,2216,81655.108.22$288,577
Jan 20073,7316,65350.306.73$232,423
Dec 20065,1889,09356.656.92$356,810
Nov 20065,54110,40454.207.62$379,574
Oct 20067,36810,48354.906.01$467,546
Sep 20063,2105,30160.085.04$219,559
Aug 20064,7167,49168.717.34$379,020
Jul 20067,60913,39369.376.34$612,785
Jun 20067,1676,87866.286.38$518,937
May 20062,1823,22966.016.42$164,780
Apr 20062,3843,14764.397.36$176,669
Mar 20062,4284,04456.707.08$166,311
Feb 20062,7893,62657.597.75$188,724
Jan 20062,8314,03860.598.93$207,603
Dec 20051,7882,87254.9413.42$136,762
Nov 20052,1472,99354.6910.59$149,111
Oct 20052,3313,26758.3413.80$181,061
Sep 20053,2713,61261.4512.08$244,632
Aug 20053,6395,76161.519.80$280,274
Jul 20052,2554,44855.697.84$160,469
Jun 20052,2013,98652.337.38$144,599
May 20052,7844,49945.226.65$155,816
Apr 20053,8414,69349.207.36$223,520
Mar 20053,1033,51650.377.15$181,455
Feb 20053,2782,80345.226.31$165,923
Jan 20052,8092,84743.166.32$139,236
Dec 20043,2301,44139.866.75$138,476
Nov 20043,36380345.286.33$157,360
Oct 20042,01896749.706.52$106,595
Sep 20041,57652543.245.28$70,920
Aug 20047659542.375.55$6,523

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 2019 — as filed, then multipliedworked
Oil                  765 bbl  × $ 55.05 =    $42,113
Casinghead gas     2,963 Mcf  × $  2.66 =     $7,874

────────────────────────────────────────────────────
Month total                                  $49,987

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/37423 is the state's own key, not one this site invented.