JOLLY "B"

Operated by PERMIAN BASIN OIL CORPORATION (P-5 655757) in the NEWPORT, S. (BEND CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 132043District 09Field 65362500CondensateGasSaveExport
Value, all time
$13 k
Jan 1993 – Dec 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
168
no gaps in the span
Streams
2
condensate, 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 53 leases and 63 wells, and the rule below applies to all of them.

Discovered
1968-02-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition526 bbl$8,880
GasProduction9,698 Mcf$4,417
Total$13,297

7,910 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 (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 33.4210, -97.9594. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.42096, -97.95939 · 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
100.0%
1 of 1 wells
Median depth
6,000 ft
1 wells filed one
Completion to plug
17.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 6,000 ft.

Completions filed
Sep 1989
1 of 1 wells
Plug dates filed
Dec 2006
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373567266,000 ftSep 1989Dec 2006Yes

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 (168)

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

168 months

Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998137012.592.08$1,725
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 199801011.242.24$22
May 19980012.622.21$0
Apr 199804413.042.51$110
Mar 1998014012.802.31$323
Feb 1998011913.952.30$274
Jan 199809614.702.15$207
Dec 199708316.322.41$200
Nov 1997010518.193.09$324
Oct 199708719.253.15$274
Sep 1997012517.742.95$369
Aug 1997012317.862.55$314
Jul 1997013817.582.25$310
Jun 1997010317.242.26$232
May 1997012618.972.31$291
Apr 1997012917.882.08$269
Mar 1997014218.951.94$275
Feb 1997011320.492.21$249
Jan 1997010523.483.54$372
Dec 199609623.32$0
Nov 1996010621.97$0
Oct 199609623.31$0
Sep 199608022.22$0
Aug 1996017520.26$0
Jul 1996010119.55$0
Jun 199608618.73$0
May 199606019.43$0
Apr 19962027821.51$4,345
Mar 199601319.38$0
Feb 19960316.98$0
Jan 1996015617.07$0
Dec 1995016617.19$0
Nov 1995013216.00$0
Oct 1995018015.43$0
Sep 1995015416.18$0
Aug 1995016615.92$0
Jul 1995017415.24$0
Jun 1995016916.41$0
May 1995021017.56$0
Apr 1995019617.73$0
Mar 1995019116.44$0
Feb 1995018416.58$0
Jan 1995019115.92$0
Dec 199418718815.03$2,811
Nov 1994018515.90$0
Oct 1994019015.58$0
Sep 1994018015.29$0
Aug 1994016416.13$0
Jul 1994016517.56$0
Jun 1994015717.09$0
May 1994016615.88$0
Apr 1994016014.14$0
Mar 1994017012.46$0
Feb 1994014312.50$0
Jan 1994016012.66$0
Dec 1993013212.33$0
Nov 199309414.49$0
Oct 199303715.85$0
Sep 1993022315.03$0
Aug 1993028315.66$0
Jul 1993028015.46$0
Jun 1993028916.79$0
May 1993028117.68$0
Apr 1993024318.05$0
Mar 1993029118.14$0
Feb 1993026617.90$0
Jan 1993030016.93$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 1998 — as filed, then multipliedworked
Condensate           137 bbl  × $ 12.59 =     $1,725
Gas                    0 Mcf  × $  2.08 =         $0

────────────────────────────────────────────────────
Month total                                   $1,725

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. 09/G/132043 is the state's own key, not one this site invented.