PFLUGER "D"

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 37933District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.0 M
Jun 2006 – Jul 2020
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
170
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
OilDisposition56,030 bbl$4,345,137
Casinghead gasProduction124,673 Mcf$625,813
Total$4,970,949

Every month this lease reported (170)

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

170 months

Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
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 201910456155.052.66$7,216
Aug 20193953753.112.30$3,309
Jul 2019973456.272.46$2,312
Jun 2019371952.782.49$1,950
May 20195171258.482.74$4,934
Apr 20194696362.632.75$5,530
Mar 2019531,25156.803.06$6,841
Feb 20195492150.852.79$5,318
Jan 20193180646.033.23$4,029
Dec 20181046146.594.19$2,395
Nov 2018325552.934.24$1,239
Oct 2018120561.443.40$758
Sep 2018322259.543.11$869
Aug 20181922159.403.07$1,806
Jul 2018726865.142.93$1,242
Jun 2018631860.183.08$1,340
May 20181233365.382.90$1,751
Apr 20181332063.842.90$1,758
Mar 20182838861.222.79$2,795
Feb 2018738761.782.77$1,503
Jan 20182040262.874.01$2,869
Dec 2017726057.272.92$1,160
Nov 20171617755.423.12$1,439
Oct 20171920149.292.98$1,536
Sep 20174924547.523.09$3,085
Aug 201716629145.373.00$8,406
Jul 20173636843.873.09$2,715
Jun 201716831842.493.09$8,120
May 201710529145.373.26$5,714
Apr 20176223647.933.21$3,730
Mar 2017832546.772.98$1,344
Feb 20175341550.452.95$3,899
Jan 201717944749.413.42$10,373
Dec 201618448048.763.72$10,759
Nov 201621943742.492.64$10,461
Oct 2016042046.193.09$1,298
Sep 201621442441.553.10$10,206
Aug 20168853341.442.92$5,205
Jul 201620547541.622.92$9,921
Jun 201611435645.352.69$6,126
May 201623433342.521.99$10,613
Apr 201613830336.561.99$5,649
Mar 201627235033.011.79$9,607
Feb 201613344226.472.06$4,433
Jan 201619643127.352.36$6,380
Dec 201521250432.362.00$7,869
Nov 201518876638.792.17$8,953
Oct 201522569443.552.43$11,483
Sep 201516476942.992.76$9,172
Aug 2015050040.162.87$1,436
Jul 201515529448.152.95$8,329
Jun 20154225156.152.88$3,082
May 20151434655.212.96$1,796
Apr 201517555949.822.71$10,231
Mar 201519343742.892.93$9,560
Feb 201527632444.662.98$13,290
Jan 2015049243.433.10$1,526
Dec 201427641454.693.59$16,581
Nov 201417428970.464.25$13,489
Oct 201425436178.303.90$21,296
Sep 201416838786.164.05$16,040
Aug 201417054589.394.04$17,395
Jul 201414161496.564.18$16,181
Jun 201416259198.164.74$18,701
May 201417355294.734.73$18,997
Apr 201434061495.944.81$35,572
Mar 201410851695.895.06$12,965
Feb 201430543897.406.19$32,419
Jan 201431262590.404.86$31,243
Dec 201319548991.824.35$20,034
Nov 201329470988.853.74$28,772
Oct 201318659797.423.78$20,376
Sep 2013220672104.113.72$25,403
Aug 2013210837104.253.52$24,841
Jul 2013206825102.523.72$24,186
Jun 201329882594.403.93$31,376
May 201323069894.834.15$24,707
Apr 201329880293.964.28$31,435
Mar 20131391,01993.623.91$17,000
Feb 201312072991.233.42$13,441
Jan 201319248391.603.42$19,239
Dec 201212442886.773.42$12,223
Nov 201223347086.953.62$21,963
Oct 201223931289.383.40$22,423
Sep 201221052394.672.92$21,407
Aug 201231355892.662.91$30,625
Jul 201223638485.133.02$21,251
Jun 201239791479.822.52$33,991
May 20122401,06791.612.49$24,641
Apr 2012230883101.652.00$25,143
Mar 20124211,070105.052.22$46,604
Feb 2012262999101.102.57$29,056
Jan 20125541,08498.092.73$57,306
Dec 20111611,00896.873.24$18,862
Nov 20116181,03595.723.31$62,582
Oct 20112891,12684.983.65$28,667
Sep 20111031,22283.623.99$13,484
Aug 20113741,08683.404.15$35,698
Jul 20114971,03594.144.52$51,463
Jun 201164099092.904.64$64,049
May 20112071,21898.134.40$25,678
Apr 2011308955105.964.33$36,774
Mar 20113981,02396.364.06$42,502
Feb 201139561185.644.18$36,382
Jan 20115021,04186.504.59$48,200
Dec 20104561,01185.734.35$43,488
Nov 20103071,01680.843.80$28,674
Oct 20105301,11678.103.51$45,309
Sep 20102441,04072.633.98$21,860
Aug 20103261,04073.684.42$28,616
Jul 201036392072.554.74$30,693
Jun 20103301,02670.364.91$28,257
May 201037994171.124.24$30,940
Apr 201033874381.694.12$30,674
Mar 201033675778.394.39$29,661
Feb 201026476873.585.44$23,605
Jan 201040092774.365.96$35,273
Dec 200936486471.445.48$30,742
Nov 200947790674.593.75$38,978
Oct 20093871,03272.544.11$32,315
Sep 20092991,13865.543.06$23,084
Aug 20095101,08767.423.22$37,883
Jul 200952089261.133.46$34,878
Jun 200959998466.163.90$43,463
May 20093541,02254.743.93$23,390
Apr 200970191146.773.59$36,054
Mar 20097171,30742.144.06$35,519
Feb 20096231,23832.814.63$26,176
Jan 20091,0391,48635.865.37$45,240
Dec 20081,1331,58037.105.98$51,478
Nov 20087481,40155.496.86$51,118
Oct 20089301,56775.246.92$80,820
Sep 20087041,497101.767.88$83,431
Aug 20081,1131,585114.228.48$140,572
Jul 20081,2252,093131.0811.39$184,411
Jun 20081,2121,064131.3313.03$173,039
May 20081,1112,088123.1711.57$161,009
Apr 20081,5271,784110.3110.45$187,095
Mar 20086181,133101.909.66$73,924
Feb 20081,1211,30092.538.77$115,128
Jan 20081,2441,47090.388.21$124,495
Dec 20078151,37988.337.30$82,058
Nov 20071,0281,68591.677.29$106,523
Oct 20071,2712,48582.856.92$122,503
Sep 20078511,67175.846.24$74,974
Aug 20071,1941,59569.066.39$92,646
Jul 20071,1532,09970.906.39$95,156
Jun 20071,8243,73462.007.55$141,274
May 20072,5701,78958.747.85$164,999
Apr 20071,04099459.617.81$69,753
Mar 200722041856.927.30$15,575
Feb 200714134555.108.22$10,604
Jan 200720138650.306.73$12,707
Dec 200629353856.656.92$20,321
Nov 200631943954.207.62$20,634
Oct 200632857654.906.01$21,471
Sep 200632854860.085.04$22,467
Aug 200675510768.717.34$52,661
Jul 20060069.376.34$0
Jun 20060066.286.38$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 2019 — as filed, then multipliedworked
Oil                  104 bbl  × $ 55.05 =     $5,725
Casinghead gas       561 Mcf  × $  2.66 =     $1,491

────────────────────────────────────────────────────
Month total                                   $7,216

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/37933 is the state's own key, not one this site invented.