PERSONS, HIRAM

Operated by PRECISION OPERATING INC. (P-5 676010) in the SOUTHMAYD, NORTH (BAKER-VIOLA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27868District 09Field 84788200OilCasinghead gasSaveExport
Value, all time
$341 k
Jan 1993 – Mar 2003
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
123
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 95 leases and 108 wells, and the rule below applies to all of them.

Discovered
1977-07-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-09-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 02/01/2021.

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
OilDisposition15,204 bbl$256,851
Casinghead gasProduction71,726 Mcf$83,905
Total$340,756

37,007 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 33.6812, -96.7453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.68122, -96.74528 · 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
8,300 ft
1 wells filed one
Completion to plug
12.1 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 8,300 ft.

Completions filed
Nov 1990
1 of 1 wells
Plug dates filed
Dec 2002
1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1813124418,300 ftNov 1990Dec 2002Yes

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 (123)

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

123 months

Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 200249024.664.14$1,208
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 200018138829.304.40$7,009
May 2000068427.263.68$2,517
Apr 200018068024.513.12$6,531
Mar 2000071028.422.86$2,030
Feb 200018465227.622.73$6,860
Jan 2000071625.272.48$1,776
Dec 1999065824.282.42$1,595
Nov 199916383823.192.43$5,820
Oct 199918483820.982.80$6,210
Sep 1999079921.752.62$2,092
Aug 199918176219.262.88$5,677
Jul 1999077117.892.37$1,829
Jun 199918076915.942.36$4,686
May 1999085715.792.32$1,989
Apr 199917884215.102.21$4,547
Mar 1999090612.471.84$1,666
Feb 19991857649.981.82$3,235
Jan 199918587310.381.90$3,579
Dec 199808139.201.77$1,442
Nov 1998072810.892.19$1,591
Oct 19981711,00812.421.97$4,109
Sep 19981621,49712.592.08$5,157
Aug 19981831,39511.301.91$4,729
Jul 199802411.742.24$54
Jun 199818285011.242.24$3,947
May 199817793712.622.21$4,301
Apr 199818074113.042.51$4,204
Mar 1998094012.802.31$2,171
Feb 1998085013.952.30$1,954
Jan 199817096714.702.15$4,583
Dec 199717186316.322.41$4,872
Nov 199716479118.193.09$5,426
Oct 199718181019.253.15$6,036
Sep 1997087317.742.95$2,580
Aug 199717294317.862.55$5,481
Jul 199716994717.582.25$5,099
Jun 199717392917.242.26$5,079
May 1997099518.972.31$2,297
Apr 199717883317.882.08$4,918
Mar 199717293018.951.94$5,063
Feb 199717173720.492.21$5,130
Jan 199716981123.483.54$6,839
Dec 199616785123.32$3,894
Nov 199617285721.97$3,779
Oct 199617499323.31$4,056
Sep 199618076322.22$4,000
Aug 1996079720.26$0
Jul 199618081319.55$3,519
Jun 199618275618.73$3,409
May 199618275119.43$3,536
Apr 1996072521.51$0
Mar 199617176219.38$3,314
Feb 199618172016.98$3,073
Jan 199618478217.07$3,141
Dec 199518264417.19$3,129
Nov 199518462316.00$2,944
Oct 199517574615.43$2,700
Sep 199518071216.18$2,912
Aug 199517478815.92$2,770
Jul 199518178415.24$2,758
Jun 199518069716.41$2,954
May 1995084517.56$0
Apr 199518686817.73$3,298
Mar 199536692116.44$6,017
Feb 199518572016.58$3,067
Jan 199518577215.92$2,945
Dec 199418373815.03$2,750
Nov 199418469615.90$2,926
Oct 199434171415.58$5,313
Sep 199417874115.29$2,722
Aug 199418175416.13$2,920
Jul 199417962117.56$3,143
Jun 199416972117.09$2,888
May 199435772115.88$5,669
Apr 199418372214.14$2,588
Mar 199418476312.46$2,293
Feb 199437069812.50$4,625
Jan 199418571812.66$2,342
Dec 199337175312.33$4,574
Nov 199312769814.49$1,840
Oct 199336775515.85$5,817
Sep 199317677515.03$2,645
Aug 199336685015.66$5,732
Jul 199335288115.46$5,442
Jun 199318383516.79$3,073
May 199336483317.68$6,436
Apr 199336789518.05$6,624
Mar 19933611,01118.14$6,549
Feb 199336878117.90$6,587
Jan 199336264316.93$6,129

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.

Nov 2002 — as filed, then multipliedworked
Oil                   49 bbl  × $ 24.66 =     $1,208
Casinghead gas         0 Mcf  × $  4.14 =         $0

────────────────────────────────────────────────────
Month total                                   $1,208

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/27868 is the state's own key, not one this site invented.