PECOS -J- FEE

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the GOMEZ (WOLFCAMP UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45848District 08Field 35708670OilCasinghead gasSaveExport
Value, all time
$123 k
Jan 2015 – May 2021
Value, last 12 filed months
$767
at the published price for each month
Months reported
77
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 16 leases and 26 wells, and the rule below applies to all of them.

Discovered
1977-10-07
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 160 acres. The field rule took effect on 1984-07-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 07/01/2018.

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
OilDisposition2,199 bbl$96,800
Casinghead gasProduction9,652 Mcf$26,255
Total$123,055

Wells on this lease (3)

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 30.9798, -103.1101. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.97930, -103.10954 · 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%
3 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
11,200 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
3100.0%
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

Between 11,200 and 11,200 ft, median 11,200 ft, over the 3 wells that filed a depth.

Completions filed
Sep 1984 – Jun 1995
3 of 3 wells

3 wells

42-37136515511,200 ftJun 1995Yes
42-37135131211,200 ftNov 1984Yes
42-371350461A11,200 ftSep 1984Yes

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 (77)

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

77 months

May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020016938.772.71$457
Oct 202001836.972.48$45
Sep 202002537.091.99$50
Aug 202004439.982.39$105
Jul 202002738.371.83$49
Jun 202003634.901.69$61
May 202004016.921.81$73
Apr 202004614.751.80$83
Mar 202002230.341.86$41
Feb 202005049.881.98$99
Jan 202005457.252.09$113
Dec 201902859.012.30$65
Nov 201903655.302.75$99
Oct 201903753.472.42$89
Sep 201905455.052.66$143
Aug 201906353.112.30$145
Jul 201904856.272.46$118
Jun 20191532352.782.49$8,133
May 201907458.482.74$203
Apr 20190262.632.75$6
Mar 201904956.803.06$150
Feb 201902650.852.79$73
Jan 201908146.033.23$261
Dec 201805246.594.19$218
Nov 201805452.934.24$229
Oct 201806461.443.40$217
Sep 201818410359.543.11$11,275
Aug 201805359.403.07$163
Jul 201805565.142.93$161
Jun 201805160.183.08$157
May 201805665.382.90$162
Apr 201809463.842.90$273
Mar 201805161.222.79$142
Feb 201805161.782.77$141
Jan 20181743362.874.01$11,072
Dec 201706457.272.92$187
Nov 201707555.423.12$234
Oct 201702349.292.98$69
Sep 201703747.523.09$114
Aug 201706445.373.00$192
Jul 201704643.873.09$142
Jun 2017015142.493.09$466
May 2017021245.373.26$692
Apr 2017016647.933.21$533
Mar 2017015646.772.98$465
Feb 20171286850.452.95$6,658
Jan 2017015549.413.42$530
Dec 2016041348.763.72$1,538
Nov 201636557242.492.64$17,021
Oct 2016029846.193.09$921
Sep 2016010641.553.10$329
Aug 20161488641.442.92$6,385
Jul 2016027041.622.92$790
Jun 2016028345.352.69$760
May 201609542.521.99$189
Apr 2016010836.561.99$215
Mar 20168769833.011.79$4,124
Feb 2016019926.472.06$411
Jan 201632830427.352.36$9,690
Dec 201517152832.362.00$6,590
Nov 201517613938.792.17$7,128
Oct 2015028643.552.43$694
Sep 2015029542.992.76$814
Aug 2015048740.162.87$1,399
Jul 2015030548.152.95$898
Jun 201516939656.152.88$10,631
May 2015022755.212.96$671
Apr 2015014249.822.71$384
Mar 2015010942.892.93$320
Feb 2015023744.662.98$705
Jan 20151168343.433.10$5,295

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.

Nov 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 38.77 =         $0
Casinghead gas       169 Mcf  × $  2.71 =       $457

────────────────────────────────────────────────────
Month total                                     $457

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/45848 is the state's own key, not one this site invented.