PIGG, J.C.

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) in the YOUNGER, W (CADDO CONGL. LO B,N) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22342District 09Field 99514415NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – Oct 2006
Value, last 12 filed months
$161 k
at the published price for each month
Months reported
166
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 12 leases and 18 wells, and the rule below applies to all of them.

Discovered
1961-03-10
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

The Commission's schedule remark for this field reads: DGL 750 MCF

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition5,829 bbl$132,439
Casinghead gasProduction484,939 Mcf$1,473,798
Total$1,606,237

157,714 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 33.4264, -97.9220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.42639, -97.92197 · 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
0.0%
0 of 1 wells
Median depth
6,101 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 6,101 ft.

Completions filed
Jul 1982
1 of 1 wells

1 well

42-2373448516,101 ftJul 1982Yes

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 (166)

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

166 months

Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006147068.717.34$10,100
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200602,56566.016.42$16,480
Apr 200602,34064.397.36$17,224
Mar 200602,33156.707.08$16,510
Feb 200602,29557.597.75$17,789
Jan 200602,57860.598.93$23,030
Dec 200502,54054.9413.42$34,075
Nov 200502,41354.6910.59$25,550
Oct 200502,55358.3413.80$35,221
Sep 200522,42361.4512.08$29,390
Aug 200501,53861.519.80$15,068
Jul 200501255.697.84$94
Jun 200521,84252.337.38$13,701
May 200503,19745.226.65$21,264
Apr 200513,09349.207.36$22,815
Mar 20051843,22450.377.15$32,335
Feb 200502,83445.226.31$17,888
Jan 200513,11543.166.32$19,737
Dec 200423,16439.866.75$21,440
Nov 200403,08445.286.33$19,523
Oct 200403,25549.706.52$21,207
Sep 20041813,27443.245.28$25,126
Aug 200403,15042.375.55$17,485
Jul 200403,42538.286.08$20,838
Jun 200403,38236.106.43$21,756
May 200403,41737.486.49$22,192
Apr 20041743,21434.475.86$24,827
Mar 200403,05534.365.53$16,895
Feb 200403,13732.455.51$17,284
Jan 200403,28232.036.30$20,675
Dec 200303,28930.266.30$20,726
Nov 20033363,30728.804.60$24,873
Oct 200303,17028.174.76$15,088
Sep 200303,28026.314.75$15,578
Aug 200303,42829.765.13$17,585
Jul 200303,30129.415.17$17,069
Jun 200303,08728.565.98$18,469
May 200303,36726.595.97$20,110
Apr 200303,22526.675.41$17,438
Mar 200303,29131.146.10$20,062
Feb 200303,11333.487.93$24,673
Jan 200303,30430.315.58$18,443
Dec 20022893,30826.914.85$23,833
Nov 200203,12424.664.14$12,924
Oct 200203,34226.464.23$14,134
Sep 200202,95527.443.64$10,742
Aug 200203,44025.963.16$10,885
Jul 200203,15924.583.06$9,672
Jun 20021793,11623.733.34$14,650
May 200203,08924.663.58$11,071
Apr 200201,76123.653.51$6,185
Mar 200202,74422.003.10$8,514
Feb 200202,74218.222.38$6,514
Jan 200203,21717.172.38$7,643
Dec 200102,69016.932.36$6,360
Nov 20011842,94718.072.41$10,414
Oct 200113,27319.782.53$8,297
Sep 200103,16524.262.25$7,125
Aug 200102,91024.873.05$8,885
Jul 200103,13523.933.20$10,023
Jun 200103,16324.563.82$12,096
May 20011733,17425.524.31$18,086
Apr 200122,86424.685.34$15,330
Mar 200103,10324.545.38$16,683
Feb 200102,86127.755.77$16,500
Jan 20011723,18127.478.40$31,441
Dec 200003,19026.889.12$29,101
Nov 20001703,14132.215.66$23,247
Oct 200003,37131.235.15$17,345
Sep 200002,71231.875.19$14,066
Aug 200003,44129.644.54$15,625
Jul 200002,85528.534.09$11,676
Jun 200002,87029.304.40$12,620
May 200002,73727.263.68$10,071
Apr 20001822,84424.513.12$13,323
Mar 200002,68628.422.86$7,681
Feb 200022,75927.622.73$7,578
Jan 200003,07025.272.48$7,615
Dec 199903,13424.282.42$7,596
Nov 199903,10523.192.43$7,558
Oct 199903,14820.982.80$8,826
Sep 199903,15421.752.62$8,260
Aug 19991883,33419.262.88$13,208
Jul 199902,80317.892.37$6,650
Jun 199923,04815.942.36$7,232
May 19991853,16415.792.32$10,265
Apr 199913,02815.102.21$6,701
Mar 199943,28312.471.84$6,085
Feb 19991852,7819.981.82$6,902
Jan 199933,06510.381.90$5,854
Dec 19981793,0659.201.77$7,082
Nov 199812,65210.892.19$5,807
Oct 199802,76912.421.97$5,453
Sep 199812,69212.592.08$5,619
Aug 199802,38311.301.91$4,545
Jul 199802,67711.742.24$5,989
Jun 199812,75911.242.24$6,184
May 199812,57012.622.21$5,683
Apr 199812,35713.042.51$5,918
Mar 19981842,63512.802.31$8,441
Feb 199842,34413.952.30$5,445
Jan 199852,67814.702.15$5,844
Dec 199742,65716.322.41$6,472
Nov 199742,61618.193.09$8,152
Oct 199722,77119.253.15$8,767
Sep 19971672,79117.742.95$11,210
Aug 199722,83917.862.55$7,289
Jul 199742,86417.582.25$6,506
Jun 199722,53017.242.26$5,745
May 199732,80318.972.31$6,528
Apr 199722,38217.882.08$4,997
Mar 199711,85518.951.94$3,616
Feb 199722,70620.492.21$6,010
Jan 199712,75023.483.54$9,758
Dec 19961722,89723.32$4,011
Nov 199602,82521.97$0
Oct 199633,09223.31$70
Sep 199623,19522.22$44
Aug 199643,16220.26$81
Jul 199601,59219.55$0
Jun 19961822,55118.73$3,409
May 199622,78419.43$39
Apr 199613,29921.51$22
Mar 199623,47819.38$39
Feb 199633,24916.98$51
Jan 19961813,37017.07$3,090
Dec 199503,41517.19$0
Nov 199503,44416.00$0
Oct 199502,26415.43$0
Sep 199503,24016.18$0
Aug 19951793,53215.92$2,850
Jul 199503,38515.24$0
Jun 199502,94816.41$0
May 199503,04317.56$0
Apr 19951813,14617.73$3,209
Mar 199503,19916.44$0
Feb 199503,08716.58$0
Jan 199503,16715.92$0
Dec 199402,71115.03$0
Nov 199403,16115.90$0
Oct 19941693,26915.58$2,633
Sep 199403,15515.29$0
Aug 199403,33316.13$0
Jul 199403,22517.56$0
Jun 199402,21017.09$0
May 19941622,74515.88$2,573
Apr 199403,90714.14$0
Mar 19941843,69512.46$2,293
Feb 199403,27912.50$0
Jan 199403,59812.66$0
Dec 19931793,55512.33$2,207
Nov 199303,70614.49$0
Oct 199303,87415.85$0
Sep 199303,57915.03$0
Aug 19931664,10115.66$2,600
Jul 199304,00415.46$0
Jun 19931713,96416.79$2,871
May 199303,84017.68$0
Apr 199303,87918.05$0
Mar 19931824,01318.14$3,301
Feb 199303,60417.90$0
Jan 19931813,94316.93$3,064

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 2006 — as filed, then multipliedworked
Oil                  147 bbl  × $ 68.71 =    $10,100
Casinghead gas         0 Mcf  × $  7.34 =         $0

────────────────────────────────────────────────────
Month total                                  $10,100

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/22342 is the state's own key, not one this site invented.