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.

Oil lease lease 18896District 09Field 69175500OilCasinghead gasSaveExport
Value, all time
$307 k
Jan 1993 – Feb 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
362
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 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
OilDisposition1,797 bbl$62,356
Casinghead gasProduction60,038 Mcf$244,578
Total$306,934

11,071 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 33.4571, -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 (362)

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

362 months

Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
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 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
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 20120089.383.40$0
Sep 2012012994.672.92$376
Aug 201208692.662.91$250
Jul 201201485.133.02$42
Jun 201202179.822.52$53
May 2012242191.612.49$2,251
Apr 20122376101.652.00$2,490
Mar 20122393105.052.22$2,623
Feb 20122371101.102.57$2,508
Jan 2012239698.092.73$2,519
Dec 201109696.873.24$311
Nov 201106195.723.31$202
Oct 201101984.983.65$69
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201006072.633.98$239
Aug 201004573.684.42$199
Jul 2010029172.554.74$1,378
Jun 201002870.364.91$137
May 201003171.124.24$131
Apr 201001681.694.12$66
Mar 201001378.394.39$57
Feb 2010016473.585.44$893
Jan 2010026674.365.96$1,586
Dec 2009027271.445.48$1,492
Nov 2009025674.593.75$960
Oct 2009023372.544.11$958
Sep 2009018265.543.06$558
Aug 2009021267.423.22$682
Jul 2009027861.133.46$963
Jun 2009039166.163.90$1,523
May 2009027354.743.93$1,072
Apr 20095026846.773.59$3,300
Mar 2009027942.144.06$1,132
Feb 2009029232.814.63$1,353
Jan 2009033335.865.37$1,789
Dec 200801037.105.98$60
Nov 200801855.496.86$123
Oct 200807175.246.92$491
Sep 20080227101.767.88$1,788
Aug 20080253114.228.48$2,146
Jul 20080255131.0811.39$2,904
Jun 20080247131.3313.03$3,219
May 20080285123.1711.57$3,299
Apr 2008138293110.3110.45$18,286
Mar 20080246101.909.66$2,377
Feb 2008023692.538.77$2,070
Jan 2008024790.388.21$2,027
Dec 2007024988.337.30$1,818
Nov 2007024891.677.29$1,808
Oct 2007026782.856.92$1,848
Sep 2007026075.846.24$1,623
Aug 2007027069.066.39$1,725
Jul 2007027670.906.39$1,763
Jun 2007027162.007.55$2,046
May 2007028758.747.85$2,252
Apr 2007028759.617.81$2,240
Mar 2007034256.927.30$2,497
Feb 2007025755.108.22$2,112
Jan 2007030250.306.73$2,032
Dec 2006030856.656.92$2,131
Nov 2006032754.207.62$2,491
Oct 2006030354.906.01$1,822
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200653066.286.38$3,513
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006021257.597.75$1,643
Jan 2006044460.598.93$3,966
Dec 2005028054.9413.42$3,756
Nov 2005026854.6910.59$2,838
Oct 2005030758.3413.80$4,235
Sep 2005016561.4512.08$1,993
Aug 2005029361.519.80$2,870
Jul 2005026755.697.84$2,094
Jun 2005025752.337.38$1,897
May 2005027345.226.65$1,816
Apr 2005035549.207.36$2,613
Mar 2005060650.377.15$4,336
Feb 2005021845.226.31$1,376
Jan 2005030743.166.32$1,941
Dec 2004031439.866.75$2,120
Nov 2004038545.286.33$2,437
Oct 200410392849.706.52$11,165
Sep 2004065243.245.28$3,445
Aug 2004039242.375.55$2,176
Jul 2004031738.286.08$1,929
Jun 2004044736.106.43$2,876
May 2004049137.486.49$3,189
Apr 2004050134.475.86$2,935
Mar 2004032634.365.53$1,803
Feb 2004028932.455.51$1,592
Jan 2004030932.036.30$1,947
Dec 2003042630.266.30$2,685
Nov 200309328.804.60$427
Oct 200305128.174.76$243
Sep 2003032326.314.75$1,534
Aug 2003053229.765.13$2,729
Jul 2003060429.415.17$3,123
Jun 2003026028.565.98$1,556
May 2003026026.595.97$1,553
Apr 2003062526.675.41$3,380
Mar 2003062531.146.10$3,810
Feb 2003044633.487.93$3,535
Jan 2003044430.315.58$2,478
Dec 2002045726.914.85$2,218
Nov 2002028124.664.14$1,162
Oct 2002034026.464.23$1,438
Sep 20027040627.443.64$3,397
Aug 2002030925.963.16$978
Jul 2002025324.583.06$775
Jun 2002030123.733.34$1,005
May 2002035924.663.58$1,287
Apr 2002025423.653.51$892
Mar 2002032622.003.10$1,011
Feb 2002030118.222.38$715
Jan 200215434117.172.38$3,454
Dec 2001033716.932.36$797
Nov 2001028718.072.41$690
Oct 2001032419.782.53$819
Sep 2001029424.262.25$662
Aug 2001025824.873.05$788
Jul 2001031523.933.20$1,007
Jun 2001032324.563.82$1,235
May 2001032725.524.31$1,408
Apr 2001031924.685.34$1,702
Mar 2001032924.545.38$1,769
Feb 2001030527.755.77$1,759
Jan 2001033927.478.40$2,847
Dec 2000033926.889.12$3,093
Nov 2000032832.215.66$1,856
Oct 2000033931.235.15$1,744
Sep 2000033431.875.19$1,732
Aug 2000034329.644.54$1,557
Jul 2000037928.534.09$1,550
Jun 2000019029.304.40$835
May 2000036627.263.68$1,347
Apr 2000029024.513.12$904
Mar 200015632928.422.86$5,374
Feb 2000032227.622.73$878
Jan 2000030425.272.48$754
Dec 1999029524.282.42$715
Nov 1999028923.192.43$703
Oct 1999031120.982.80$872
Sep 1999029921.752.62$783
Aug 1999031919.262.88$917
Jul 1999032217.892.37$764
Jun 1999031015.942.36$732
May 1999031315.792.32$726
Apr 1999031615.102.21$698
Mar 1999032212.471.84$592
Feb 199903129.981.82$567
Jan 1999022810.381.90$433
Dec 199802999.201.77$530
Nov 1998031110.892.19$680
Oct 1998031912.421.97$628
Sep 1998030512.592.08$635
Aug 199814232711.301.91$2,228
Jul 1998034611.742.24$774
Jun 1998031911.242.24$714
May 1998032512.622.21$717
Apr 1998032713.042.51$819
Mar 1998035712.802.31$824
Feb 1998019813.952.30$455
Jan 1998032114.702.15$692
Dec 1997034116.322.41$822
Nov 1997033718.193.09$1,041
Oct 1997034819.253.15$1,096
Sep 1997034917.742.95$1,031
Aug 1997037217.862.55$950
Jul 1997034117.582.25$766
Jun 1997035317.242.26$797
May 199717135518.972.31$4,063
Apr 1997034417.882.08$716
Mar 1997035318.951.94$685
Feb 1997031720.492.21$699
Jan 1997031923.483.54$1,129
Dec 1996031223.32$0
Nov 1996029021.97$0
Oct 1996027623.31$0
Sep 1996027722.22$0
Aug 1996011520.26$0
Jul 1996031419.55$0
Jun 1996030318.73$0
May 1996029519.43$0
Apr 1996016221.51$0
Mar 199612518519.38$2,423
Feb 1996021916.98$0
Jan 1996020317.07$0
Dec 1995018817.19$0
Nov 1995018916.00$0
Oct 1995020615.43$0
Sep 1995016516.18$0
Aug 1995018915.92$0
Jul 1995020115.24$0
Jun 1995019016.41$0
May 1995019417.56$0
Apr 199516819617.73$2,979
Mar 1995023116.44$0
Feb 1995021216.58$0
Jan 1995022915.92$0
Dec 1994023615.03$0
Nov 1994021915.90$0
Oct 1994024415.58$0
Sep 1994023615.29$0
Aug 1994024516.13$0
Jul 1994024217.56$0
Jun 1994023617.09$0
May 1994023615.88$0
Apr 1994023014.14$0
Mar 199415826512.46$1,969
Feb 1994022512.50$0
Jan 1994024212.66$0
Dec 1993024712.33$0
Nov 1993023514.49$0
Oct 1993025015.85$0
Sep 1993022115.03$0
Aug 1993024615.66$0
Jul 1993026115.46$0
Jun 1993023816.79$0
May 199319322417.68$3,412
Apr 1993023018.05$0
Mar 1993023518.14$0
Feb 1993023217.90$0
Jan 1993025516.93$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 2012 — as filed, then multipliedworked
Oil                    0 bbl  × $ 94.67 =         $0
Casinghead gas       129 Mcf  × $  2.92 =       $376

────────────────────────────────────────────────────
Month total                                     $376

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/O/18896 is the state's own key, not one this site invented.