JIM ED

Operated by PITTS ENERGY CO. (P-5 666430) in the SCOTT (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40789District 08Field 81738200OilCasinghead gasSaveExport
Value, all time
$1.4 M
Dec 2010 – Oct 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
59
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 79 leases and 197 wells, and the rule below applies to all of them.

Discovered
1978-08-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
191 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2020-01-14.

The Commission's schedule remark for this field reads: FIELD CONSOLIDATED INTO THE COLLIE (DELAWARE) FIELD.

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
OilDisposition15,092 bbl$1,391,569
Casinghead gasProduction16,144 Mcf$50,893
Total$1,442,462

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 31.4539, -103.3581. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45389, -103.35815 · 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
0.0%
0 of 1 wells
Median depth
6,552 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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.
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 6,552 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-4753560126,552 ftMay 2011Yes

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 (59)

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

59 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012831089.383.40$74,275
Sep 201249483794.672.92$49,210
Aug 201250468892.662.91$48,701
Jul 201284097685.133.02$74,458
Jun 201265659879.822.52$53,868
May 20121701191.612.49$15,601
Apr 20126681,163101.652.00$70,224
Mar 20126691,380105.052.22$73,345
Feb 20126721,581101.102.57$72,003
Jan 20121,0231,42098.092.73$104,228
Dec 20118511,34096.873.24$86,778
Nov 20116721,04195.723.31$67,771
Oct 20111,0151,01384.983.65$89,951
Sep 20118471,45383.623.99$76,618
Aug 20118531,03183.404.15$75,418
Jul 2011791094.144.52$74,465
Jun 201166022492.904.64$62,353
May 201123426198.134.40$24,112
Apr 2011523275105.964.33$56,609
Mar 20116324396.364.06$61,074
Feb 201157229985.644.18$50,236
Jan 201158223486.504.59$51,417
Dec 201033327685.734.35$29,748

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.

Oct 2012 — as filed, then multipliedworked
Oil                  831 bbl  × $ 89.38 =    $74,275
Casinghead gas         0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                  $74,275

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/40789 is the state's own key, not one this site invented.