PACE, C. W. -B-

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

Oil lease lease 6002District 09Field 47902001OilSaveExport
Value, all time
$429 k
Jan 1993 – Oct 2011
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
225
1 month not filed
Streams
1
oil

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 347 leases and 2,190 wells, and the rule below applies to all of them.

Discovered
1931-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition14,733 bbl$429,048
Total$429,048

Wells on this lease (2)

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 33.9010, -98.6910. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.90098, -98.69102 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
3,690 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
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 3,690 ft.

Plug dates filed
Dec 2021
1 of 2 wells; 1 filed none

2 wells

42-4858660223,690 ftDec 2021Yes
42-485866033Yes

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 (225)

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

225 months

Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 20119686.504.59$8,304
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 20084575.246.92$3,386
Sep 200847101.767.88$4,783
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 2008121123.1711.57$14,904
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 200710491.677.29$9,534
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 20079869.066.39$6,768
Jul 20074970.906.39$3,474
Jun 2007062.007.55$0
May 20078158.747.85$4,758
Apr 20075059.617.81$2,981
Mar 20074756.927.30$2,675
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 20067554.906.01$4,118
Sep 200615560.085.04$9,312
Aug 20066568.717.34$4,466
Jul 20069069.376.34$6,243
Jun 2006066.286.38$0
May 200611166.016.42$7,327
Apr 2006064.397.36$0
Mar 20068656.707.08$4,876
Feb 20066757.597.75$3,859
Jan 2006060.598.93$0
Dec 200513154.9413.42$7,197
Nov 20056054.6910.59$3,281
Oct 2005058.3413.80$0
Sep 200520161.4512.08$12,351
Aug 2005061.519.80$0
Jul 20057155.697.84$3,954
Jun 200528652.337.38$14,966
May 2005045.226.65$0
Apr 20053349.207.36$1,624
Mar 200514650.377.15$7,354
Feb 20055945.226.31$2,668
Jan 20054543.166.32$1,942
Dec 200412639.866.75$5,022
Nov 200412945.286.33$5,841
Oct 200412649.706.52$6,262
Sep 200414443.245.28$6,227
Aug 2004042.375.55$0
Jul 20044738.286.08$1,799
Jun 20045636.106.43$2,022
May 20045037.486.49$1,874
Apr 20045934.475.86$2,034
Mar 20046434.365.53$2,199
Feb 200411532.455.51$3,732
Jan 200410232.036.30$3,267
Dec 200317330.266.30$5,235
Nov 2003028.804.60$0
Oct 20037628.174.76$2,141
Sep 200310526.314.75$2,763
Aug 200315129.765.13$4,494
Jul 200318829.415.17$5,529
Jun 20036228.565.98$1,771
May 2003026.595.97$0
Apr 20035726.675.41$1,520
Mar 200318831.146.10$5,854
Feb 20036133.487.93$2,042
Jan 20037330.315.58$2,213
Dec 20024826.914.85$1,292
Nov 20025124.664.14$1,258
Oct 20025726.464.23$1,508
Sep 20025727.443.64$1,564
Aug 2002025.963.16$0
Jul 20027924.583.06$1,942
Jun 20025123.733.34$1,210
May 20025224.663.58$1,282
Apr 200215423.653.51$3,642
Mar 20025522.003.10$1,210
Feb 20024418.222.38$802
Jan 20029817.172.38$1,683
Dec 200112816.932.36$2,167
Nov 200111618.072.41$2,096
Oct 200135219.782.53$6,963
Sep 20016524.262.25$1,577
Aug 20016024.873.05$1,492
Jul 20017123.933.20$1,699
Jun 200111324.563.82$2,775
May 2001025.524.31$0
Apr 20014924.685.34$1,209
Mar 200110324.545.38$2,528
Feb 20015627.755.77$1,554
Jan 200111127.478.40$3,049
Dec 2000026.889.12$0
Nov 200011332.215.66$3,640
Oct 20005131.235.15$1,593
Sep 2000031.875.19$0
Aug 20009029.644.54$2,668
Jul 200010028.534.09$2,853
Jun 200012729.304.40$3,721
May 20005327.263.68$1,445
Apr 200016824.513.12$4,118
Mar 200019428.422.86$5,513
Feb 2000027.622.73$0
Jan 200011525.272.48$2,906
Dec 19998824.282.42$2,137
Nov 199911823.192.43$2,736
Oct 19995320.982.80$1,112
Sep 199911021.752.62$2,393
Aug 19996819.262.88$1,310
Jul 199910517.892.37$1,878
Jun 1999015.942.36$0
May 19994615.792.32$726
Apr 19994915.102.21$740
Mar 19996212.471.84$773
Feb 19991019.981.82$1,008
Jan 19999710.381.90$1,007
Dec 19981319.201.77$1,205
Nov 199810110.892.19$1,100
Oct 19987612.421.97$944
Sep 199812512.592.08$1,574
Aug 19986811.301.91$768
Jul 199822511.742.24$2,642
Jun 199817211.242.24$1,933
May 1998012.622.21$0
Apr 199818213.042.51$2,373
Mar 1998012.802.31$0
Feb 199810113.952.30$1,409
Jan 199818014.702.15$2,646
Dec 1997016.322.41$0
Nov 199720718.193.09$3,765
Oct 1997019.253.15$0
Sep 199713217.742.95$2,342
Aug 199717717.862.55$3,161
Jul 19979317.582.25$1,635
Jun 199716817.242.26$2,896
May 199720518.972.31$3,889
Apr 1997017.882.08$0
Mar 19978318.951.94$1,573
Feb 199718220.492.21$3,729
Jan 199712323.483.54$2,888
Dec 199618023.32$4,198
Nov 199618221.97$3,999
Oct 199619923.31$4,639
Sep 199620422.22$4,533
Aug 199620320.26$4,113
Jul 1996019.55$0
Jun 199617718.73$3,315
May 199613019.43$2,526
Apr 199627421.51$5,894
Mar 199613019.38$2,519
Feb 199622816.98$3,871
Jan 199620817.07$3,551
Dec 199517317.19$2,974
Nov 199513316.00$2,128
Oct 199518415.43$2,839
Sep 199511116.18$1,796
Aug 199512415.92$1,974
Jul 199512815.24$1,951
Jun 199512816.41$2,100
May 1995017.56$0
Apr 199532617.73$5,780
Mar 199513116.44$2,154
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$0

Not filed, and not zero: May 2011. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Jan 2011 — as filed, then multipliedworked
Oil                   96 bbl  × $ 86.50 =     $8,304

────────────────────────────────────────────────────
Month total                                   $8,304

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/6002 is the state's own key, not one this site invented.