PIPKIN, LAURA

Operated by XYZ OIL, INC. (P-5 946038) in the PARK SPRINGS (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 267583District 09Field 69175500CondensateGasSaveExport
Value, all time
$47 k
Oct 2012 – Oct 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
121
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 198 leases and 217 wells, and the rule below applies to all of them.

Discovered
1950-06-01
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
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1975-04-01.

The Commission's schedule remark for this field reads: RATE TO 2103 MCF/D EFFECTIVE 2/1/97

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
CondensateDisposition314 bbl$15,900
GasProduction10,165 Mcf$30,675
Total$46,575

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 33.4571, -97.8863. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.45710, -97.88633 · 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
5,920 ft
1 wells filed one
Completion to plug
11.7 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 5,920 ft.

Completions filed
Feb 2011
1 of 1 wells
Plug dates filed
Oct 2022
1 of 1 wells

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3373106915,920 ftFeb 2011Oct 2022Yes

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 (121)

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

121 months

Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
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 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202001039.982.39$24
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200414.751.80$7
Mar 20200030.341.86$0
Feb 202004649.881.98$91
Jan 2020015057.252.09$314
Dec 20190859.012.30$18
Nov 2019013855.302.75$380
Oct 2019010653.472.42$256
Sep 2019013955.052.66$369
Aug 2019011953.112.30$274
Jul 2019016356.272.46$401
Jun 2019018852.782.49$468
May 2019049258.482.74$1,348
Apr 2019033962.632.75$932
Mar 2019010256.803.06$312
Feb 201901050.852.79$28
Jan 201901146.033.23$36
Dec 201801046.594.19$42
Nov 201801052.934.24$42
Oct 201806161.443.40$207
Sep 20181585059.543.11$9,563
Aug 2018020759.403.07$635
Jul 2018022865.142.93$668
Jun 201809660.183.08$295
May 201809865.382.90$284
Apr 201808163.842.90$235
Mar 201807361.222.79$203
Feb 2018014061.782.77$387
Jan 2018015362.874.01$613
Dec 2017057857.272.92$1,689
Nov 2017014955.423.12$465
Oct 2017015849.292.98$471
Sep 2017012147.523.09$374
Aug 201701245.373.00$36
Jul 2017015643.873.09$482
Jun 2017012342.493.09$380
May 2017015645.373.26$509
Apr 2017015847.933.21$507
Mar 2017015746.772.98$468
Feb 2017014150.452.95$416
Jan 2017015549.413.42$530
Dec 2016015548.763.72$577
Nov 2016015342.492.64$405
Oct 2016016946.193.09$522
Sep 2016015641.553.10$484
Aug 2016016041.442.92$468
Jul 20161568841.622.92$6,750
Jun 201606545.352.69$175
May 201609142.521.99$181
Apr 2016012536.561.99$249
Mar 2016015633.011.79$280
Feb 2016014326.472.06$295
Jan 2016016527.352.36$390
Dec 2015010532.362.00$210
Nov 2015010138.792.17$219
Oct 201509643.552.43$233
Sep 201504642.992.76$127
Aug 2015012140.162.87$348
Jul 2015016248.152.95$477
Jun 2015015456.152.88$444
May 2015017255.212.96$508
Apr 2015016449.822.71$444
Mar 2015016142.892.93$472
Feb 2015014644.662.98$435
Jan 2015015743.433.10$487
Dec 2014015354.693.59$549
Nov 201409470.464.25$400
Oct 201402378.303.90$90
Sep 201403386.164.05$134
Aug 2014012389.394.04$496
Jul 2014015296.564.18$635
Jun 2014019398.164.74$914
May 2014019794.734.73$931
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 201302494.834.15$100
Apr 201306293.964.28$266
Mar 2013010793.623.91$419
Feb 2013012391.233.42$421
Jan 2013014391.603.42$489
Dec 2012013286.773.42$451
Nov 20120886.953.62$29
Oct 201209189.383.40$309

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.

Aug 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 39.98 =         $0
Gas                   10 Mcf  × $  2.39 =        $24

────────────────────────────────────────────────────
Month total                                      $24

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/267583 is the state's own key, not one this site invented.