TXL -G- GAO

Name: TXL -G- GAO lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 6369District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$704 k

Jan 1993 – Jun 2003

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

126

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

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.

Stream	Basis	Volume	Value
Oil	Disposition	34,248 bbl	$623,047
Casinghead gas	Production	52,011 Mcf	$80,823
Total			$703,870

27,228 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.8079, -101.7849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.80762, -101.78553 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

3 of 3 wells

Median depth

7,957 ft

3 wells filed one

Completion to plug

8.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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 7,165 and 8,750 ft, median 7,957 ft, over the 3 wells that filed a depth.

Completions filed

Oct 1994

1 of 3 wells; 2 filed none

Plug dates filed

Jun 1994 – Apr 2003

3 of 3 wells

Last completion to plug: a median of 8.5 years across the 1 well that filed both dates, with the middle half between 8.5 years and 8.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-32900496	3	7,165 ft	—	Jun 1994	Yes
42-32900499	1	7,957 ft	—	Apr 2003	Yes
42-32933068	4	8,750 ft	Oct 1994	Apr 2003	Yes

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 (126)

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

126 months


Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	78	26.67	5.41	$422
Mar 2003	0	167	31.14	6.10	$1,018
Feb 2003	0	155	33.48	7.93	$1,229
Jan 2003	0	197	30.31	5.58	$1,100
Dec 2002	0	231	26.91	4.85	$1,121
Nov 2002	0	231	24.66	4.14	$956
Oct 2002	114	167	26.46	4.23	$3,723
Sep 2002	341	167	27.44	3.64	$9,964
Aug 2002	0	436	25.96	3.16	$1,380
Jul 2002	167	444	24.58	3.06	$5,464
Jun 2002	165	398	23.73	3.34	$5,244
May 2002	162	438	24.66	3.58	$5,565
Apr 2002	179	342	23.65	3.51	$5,435
Mar 2002	342	324	22.00	3.10	$8,529
Feb 2002	171	316	18.22	2.38	$3,866
Jan 2002	173	387	17.17	2.38	$3,890
Dec 2001	168	371	16.93	2.36	$3,721
Nov 2001	172	364	18.07	2.41	$3,984
Oct 2001	169	405	19.78	2.53	$4,367
Sep 2001	172	397	24.26	2.25	$5,066
Aug 2001	174	425	24.87	3.05	$5,625
Jul 2001	168	317	23.93	3.20	$5,034
Jun 2001	130	246	24.56	3.82	$4,134
May 2001	335	365	25.52	4.31	$10,121
Apr 2001	173	348	24.68	5.34	$6,126
Mar 2001	169	385	24.54	5.38	$6,217
Feb 2001	180	341	27.75	5.77	$6,962
Jan 2001	335	393	27.47	8.40	$12,503
Dec 2000	175	357	26.88	9.12	$7,961
Nov 2000	178	375	32.21	5.66	$7,855
Oct 2000	168	410	31.23	5.15	$7,356
Sep 2000	184	337	31.87	5.19	$7,612
Aug 2000	174	317	29.64	4.54	$6,597
Jul 2000	176	349	28.53	4.09	$6,449
Jun 2000	348	312	29.30	4.40	$11,568
May 2000	164	325	27.26	3.68	$5,667
Apr 2000	187	360	24.51	3.12	$5,705
Mar 2000	181	380	28.42	2.86	$6,231
Feb 2000	348	354	27.62	2.73	$10,577
Jan 2000	168	368	25.27	2.48	$5,158
Dec 1999	167	343	24.28	2.42	$4,886
Nov 1999	341	355	23.19	2.43	$8,772
Oct 1999	335	384	20.98	2.80	$8,105
Sep 1999	0	407	21.75	2.62	$1,066
Aug 1999	339	445	19.26	2.88	$7,809
Jul 1999	172	449	17.89	2.37	$4,142
Jun 1999	0	303	15.94	2.36	$716
May 1999	181	388	15.79	2.32	$3,759
Apr 1999	335	318	15.10	2.21	$5,761
Mar 1999	170	458	12.47	1.84	$2,962
Feb 1999	166	212	9.98	1.82	$2,042
Jan 1999	350	368	10.38	1.90	$4,332
Dec 1998	186	354	9.20	1.77	$2,339
Nov 1998	185	265	10.89	2.19	$2,594
Oct 1998	188	253	12.42	1.97	$2,833
Sep 1998	347	221	12.59	2.08	$4,829
Aug 1998	171	230	11.30	1.91	$2,371
Jul 1998	176	219	11.74	2.24	$2,556
Jun 1998	177	201	11.24	2.24	$2,439
May 1998	532	207	12.62	2.21	$7,171
Apr 1998	6	352	13.04	2.51	$960
Mar 1998	346	400	12.80	2.31	$5,353
Feb 1998	188	358	13.95	2.30	$3,446
Jan 1998	186	422	14.70	2.15	$3,644
Dec 1997	375	473	16.32	2.41	$7,260
Nov 1997	187	482	18.19	3.09	$4,890
Oct 1997	183	270	19.25	3.15	$4,373
Sep 1997	378	186	17.74	2.95	$7,255
Aug 1997	174	178	17.86	2.55	$3,562
Jul 1997	377	213	17.58	2.25	$7,106
Jun 1997	182	310	17.24	2.26	$3,837
May 1997	371	275	18.97	2.31	$7,673
Apr 1997	3	329	17.88	2.08	$739
Mar 1997	375	380	18.95	1.94	$7,843
Feb 1997	377	333	20.49	2.21	$8,459
Jan 1997	3	363	23.48	3.54	$1,355
Dec 1996	372	254	23.32	—	$8,675
Nov 1996	172	209	21.97	—	$3,779
Oct 1996	378	297	23.31	—	$8,811
Sep 1996	365	208	22.22	—	$8,110
Aug 1996	2	201	20.26	—	$41
Jul 1996	376	192	19.55	—	$7,351
Jun 1996	389	191	18.73	—	$7,286
May 1996	2	207	19.43	—	$39
Apr 1996	181	224	21.51	—	$3,893
Mar 1996	393	274	19.38	—	$7,616
Feb 1996	356	209	16.98	—	$6,045
Jan 1996	386	286	17.07	—	$6,589
Dec 1995	1	264	17.19	—	$17
Nov 1995	386	342	16.00	—	$6,176
Oct 1995	382	306	15.43	—	$5,894
Sep 1995	2	325	16.18	—	$32
Aug 1995	396	1,048	15.92	—	$6,304
Jul 1995	924	1,256	15.24	—	$14,082
Jun 1995	185	1,250	16.41	—	$3,036
May 1995	746	1,228	17.56	—	$13,100
Apr 1995	585	1,321	17.73	—	$10,372
Mar 1995	766	1,352	16.44	—	$12,593
Feb 1995	762	1,260	16.58	—	$12,634
Jan 1995	745	1,674	15.92	—	$11,860
Dec 1994	910	1,812	15.03	—	$13,677
Nov 1994	1,333	1,756	15.90	—	$21,195
Oct 1994	555	579	15.58	—	$8,647
Sep 1994	363	483	15.29	—	$5,550
Aug 1994	197	487	16.13	—	$3,178
Jul 1994	352	501	17.56	—	$6,181
Jun 1994	359	450	17.09	—	$6,135
May 1994	181	467	15.88	—	$2,874
Apr 1994	550	431	14.14	—	$7,777
Mar 1994	177	396	12.46	—	$2,205
Feb 1994	356	380	12.50	—	$4,450
Jan 1994	531	416	12.66	—	$6,722
Dec 1993	354	393	12.33	—	$4,365
Nov 1993	185	382	14.49	—	$2,681
Oct 1993	544	392	15.85	—	$8,622
Sep 1993	381	397	15.03	—	$5,726
Aug 1993	180	420	15.66	—	$2,819
Jul 1993	328	432	15.46	—	$5,071
Jun 1993	341	422	16.79	—	$5,725
May 1993	361	426	17.68	—	$6,382
Apr 1993	540	321	18.05	—	$9,747
Mar 1993	367	394	18.14	—	$6,657
Feb 1993	363	335	17.90	—	$6,498
Jan 1993	349	378	16.93	—	$5,909

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.

Apr 2003 — as filed, then multipliedworked

Oil                    0 bbl  × $ 26.67 =         $0
Casinghead gas        78 Mcf  × $  5.41 =       $422

────────────────────────────────────────────────────
Month total                                     $422

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/6369 is the state's own key, not one this site invented.