PETREX 60BB

Operated by WILLOWBEND INVESTMENTS, INC. (P-5 927665) in the ARCHER COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31624District 09Field 03446001OilCasinghead gasSaveExport
Value, all time
$522 k
May 2010 – Aug 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
148
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 2,166 leases and 11,249 wells, and the rule below applies to all of them.

Discovered
1911-12-31
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
OilDisposition5,861 bbl$461,254
Casinghead gasProduction15,952 Mcf$60,509
Total$521,764

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 33.7433, -98.5691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.74330, -98.56909 · 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
5,762 ft
1 wells filed one
Completion to plug
11.5 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 5,762 ft.

Completions filed
May 2010
1 of 1 wells
Plug dates filed
Nov 2021
1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-009421452B5,762 ftMay 2010Nov 2021Yes

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 (148)

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

148 months

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 202032014.751.80$472
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202034057.252.09$1,947
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201934053.472.42$1,818
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201934056.272.46$1,913
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201934062.632.75$2,129
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201933046.033.23$1,519
Dec 20180046.594.19$0
Nov 201868052.934.24$3,599
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201833065.142.93$2,150
Jun 201834060.183.08$2,046
May 201835065.382.90$2,288
Apr 20180063.842.90$0
Mar 201833061.222.79$2,020
Feb 20180061.782.77$0
Jan 201835062.874.01$2,200
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201734049.292.98$1,676
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201734043.873.09$1,492
Jun 201732042.493.09$1,360
May 20170045.373.26$0
Apr 201734047.933.21$1,630
Mar 201734046.772.98$1,590
Feb 20170050.452.95$0
Jan 201734049.413.42$1,680
Dec 201634048.763.72$1,658
Nov 20160042.492.64$0
Oct 201633046.193.09$1,524
Sep 201634041.553.10$1,413
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201634045.352.69$1,542
May 201633042.521.99$1,403
Apr 20160036.561.99$0
Mar 201667033.011.79$2,212
Feb 201669026.472.06$1,826
Jan 20160027.352.36$0
Dec 201568032.362.00$2,200
Nov 201534038.792.17$1,319
Oct 201532043.552.43$1,394
Sep 201534042.992.76$1,462
Aug 201534040.162.87$1,365
Jul 201534048.152.95$1,637
Jun 201569056.152.88$3,874
May 201534055.212.96$1,877
Apr 201568049.822.71$3,388
Mar 2015673042.892.93$2,962
Feb 201534044.662.98$1,518
Jan 201568043.433.10$2,953
Dec 201469054.693.59$3,774
Nov 2014366770.464.25$2,821
Oct 2014624878.303.90$5,042
Sep 201468086.164.05$5,859
Aug 201468089.394.04$6,079
Jul 201434096.564.18$3,283
Jun 201466098.164.74$6,479
May 201467094.734.73$6,347
Apr 201468095.944.81$6,524
Mar 201434095.895.06$3,260
Feb 201434097.406.19$3,312
Jan 201434090.404.86$3,074
Dec 201334891.824.35$3,157
Nov 2013351588.853.74$3,166
Oct 201369097.423.78$6,722
Sep 2013350104.113.72$3,644
Aug 2013690104.253.52$7,193
Jul 2013100400102.523.72$11,739
Jun 20136862794.403.93$8,885
May 20138958894.834.15$10,880
Apr 201310356193.964.28$12,080
Mar 201310545293.623.91$11,599
Feb 201310645291.233.42$11,216
Jan 201313345491.603.42$13,735
Dec 201210547786.773.42$10,742
Nov 201214040786.953.62$13,648
Oct 20127043989.383.40$7,749
Sep 20123434994.672.92$4,237
Aug 20126614992.662.91$6,549
Jul 201210129685.133.02$9,492
Jun 201210330179.822.52$8,980
May 20126941691.612.49$7,356
Apr 2012104424101.652.00$11,418
Mar 2012137482105.052.22$15,463
Feb 2012139323101.102.57$14,883
Jan 201210533098.092.73$11,202
Dec 201113911796.873.24$13,844
Nov 201110016795.723.31$10,125
Oct 201113941384.983.65$13,319
Sep 201110463983.623.99$11,243
Aug 201113745983.404.15$13,330
Jul 20118756294.144.52$10,729
Jun 20115472692.904.64$8,385
May 20116929898.134.40$8,084
Apr 201157333105.964.33$7,483
Mar 20111532296.364.06$2,752
Feb 20116012785.644.18$5,669
Jan 20111929586.504.59$2,997
Dec 2010027485.734.35$1,191
Nov 201013637880.843.80$12,429
Oct 201024532478.103.51$20,271
Sep 20106923072.633.98$5,927
Aug 2010051673.684.42$2,280
Jul 201015175072.554.74$14,507
Jun 2010092770.364.91$4,552
May 20100071.124.24$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.

Apr 2020 — as filed, then multipliedworked
Oil                   32 bbl  × $ 14.75 =       $472
Casinghead gas         0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                     $472

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/31624 is the state's own key, not one this site invented.