PFLUGER N

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 38153District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.4 M
Dec 2006 – Feb 2020
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
159
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
OilDisposition29,974 bbl$2,230,751
Casinghead gasProduction34,573 Mcf$185,566
Total$2,416,318

Every month this lease reported (159)

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

159 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 201912511655.052.66$7,189
Aug 2019014353.112.30$330
Jul 20199313456.272.46$5,563
Jun 20198812852.782.49$4,964
May 20197914658.482.74$5,020
Apr 2019011362.632.75$311
Mar 20198214556.803.06$5,102
Feb 2019017050.852.79$475
Jan 201910316246.033.23$5,264
Dec 201811516146.594.19$6,032
Nov 201812314952.934.24$7,142
Oct 201811216961.443.40$7,456
Sep 2018017459.543.11$541
Aug 20188614359.403.07$5,547
Jul 20188722865.142.93$6,336
Jun 201809060.183.08$277
May 20189014665.382.90$6,308
Apr 20189914263.842.90$6,732
Mar 201810939161.222.79$7,763
Feb 2018041061.782.77$1,134
Jan 201821144962.874.01$15,066
Dec 2017048657.272.92$1,420
Nov 201724781655.423.12$16,233
Oct 201714285049.292.98$9,535
Sep 201715287047.523.09$9,909
Aug 20173111,10045.373.00$17,415
Jul 201713499943.873.09$8,963
Jun 201712451542.493.09$6,859
May 20171171645.373.26$5,361
Apr 201701647.933.21$51
Mar 2017461646.772.98$2,199
Feb 20171206350.452.95$6,240
Jan 201708049.413.42$274
Dec 20161197948.763.72$6,097
Nov 20161115842.492.64$4,870
Oct 20161177446.193.09$5,633
Sep 201606241.553.10$192
Aug 201607341.442.92$213
Jul 2016512341.622.92$2,190
Jun 201602945.352.69$78
May 201604142.521.99$82
Apr 201607136.561.99$141
Mar 2016268933.011.79$1,018
Feb 2016527226.472.06$1,525
Jan 2016811927.352.36$2,260
Dec 201502332.362.00$46
Nov 2015771038.792.17$3,009
Oct 2015714343.552.43$3,196
Sep 2015847142.992.76$3,807
Aug 20159216140.162.87$4,157
Jul 201513130248.152.95$7,197
Jun 2015018756.152.88$539
May 201512521855.212.96$7,546
Apr 201511813649.822.71$6,247
Mar 20152204742.892.93$9,574
Feb 20151263944.662.98$5,743
Jan 201522918043.433.10$10,504
Dec 20145213354.693.59$3,322
Nov 201401770.464.25$72
Oct 201402078.303.90$78
Sep 2014796186.164.05$7,053
Aug 201408789.394.04$351
Jul 201404596.564.18$188
Jun 20141346198.164.74$13,442
May 20141398394.734.73$13,560
Apr 201412513395.944.81$12,632
Mar 2014736195.895.06$7,308
Feb 2014841997.406.19$8,299
Jan 20141596790.404.86$14,699
Dec 2013766191.824.35$7,244
Nov 20131013788.853.74$9,112
Oct 20131177397.423.78$11,674
Sep 2013106142104.113.72$11,564
Aug 2013138115104.253.52$14,792
Jul 2013101107102.523.72$10,752
Jun 20131345594.403.93$12,866
May 2013768994.834.15$7,576
Apr 2013695893.964.28$6,732
Mar 2013884893.623.91$8,426
Feb 2013844891.233.42$7,827
Jan 201316512891.603.42$15,552
Dec 20128713086.773.42$7,994
Nov 20122096886.953.62$18,419
Oct 20129612289.383.40$8,995
Sep 201217613694.672.92$17,059
Aug 20127915692.662.91$7,774
Jul 20129412085.133.02$8,365
Jun 201214715979.822.52$12,134
May 20127311991.612.49$6,984
Apr 201216299101.652.00$16,665
Mar 2012105138105.052.22$11,337
Feb 201210896101.102.57$11,166
Jan 20123818498.092.73$37,602
Dec 20112598396.873.24$25,358
Nov 201107795.723.31$255
Oct 201126110184.983.65$22,548
Sep 2011026383.623.99$1,048
Aug 201115312483.404.15$13,275
Jul 20111679094.144.52$16,128
Jun 20111878292.904.64$17,753
May 2011767098.134.40$7,766
Apr 20118367105.964.33$9,085
Mar 20111347896.364.06$13,229
Feb 201115714185.644.18$14,035
Jan 201118918886.504.59$17,211
Dec 20102915785.734.35$25,195
Nov 2010815280.843.80$6,745
Oct 20101768078.103.51$14,026
Sep 20108912072.633.98$6,942
Aug 201016815373.684.42$13,054
Jul 201015410272.554.74$11,656
Jun 201018112370.364.91$13,339
May 201010312071.124.24$7,834
Apr 201020214681.694.12$17,103
Mar 201017014378.394.39$13,954
Feb 201020410773.585.44$15,593
Jan 201023517374.365.96$18,506
Dec 200921320271.445.48$16,324
Nov 200921318874.593.75$16,593
Oct 200923816772.544.11$17,951
Sep 200921320165.543.06$14,576
Aug 200916816867.423.22$11,867
Jul 200929820661.133.46$18,930
Jun 200924312866.163.90$16,575
May 200913217954.743.93$7,928
Apr 200926314346.773.59$12,814
Mar 200936720842.144.06$16,310
Feb 200925520332.814.63$9,307
Jan 200929116335.865.37$11,311
Dec 200846118737.105.98$18,221
Nov 200842716655.496.86$24,833
Oct 200832022775.246.92$25,648
Sep 2008497512101.767.88$54,608
Aug 2008485521114.228.48$59,816
Jul 2008314469131.0811.39$46,501
Jun 2008452666131.3313.03$68,041
May 2008431741123.1711.57$61,663
Apr 2008411875110.3110.45$54,485
Mar 2008438449101.909.66$48,971
Feb 200863551392.538.77$63,256
Jan 200847746290.388.21$46,902
Dec 200779449088.337.30$73,712
Nov 200744842191.677.29$44,138
Oct 200763561082.856.92$56,832
Sep 200780796775.846.24$67,241
Aug 20071,1711,57069.066.39$90,898
Jul 20071,1532,08270.906.39$95,047
Jun 200765762462.007.55$45,444
May 20071,34299758.747.85$86,652
Apr 20071,37995459.617.81$89,648
Mar 200798415656.927.30$57,148
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$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                  125 bbl  × $ 55.05 =     $6,881
Casinghead gas       116 Mcf  × $  2.66 =       $308

────────────────────────────────────────────────────
Month total                                   $7,189

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/38153 is the state's own key, not one this site invented.