PETREE

Name: PETREE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the HEMPHILL (DOUGLAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 111515District 10Field 40311100NGPA filingCondensateGasSave Export

Value, all time

$322 k

Jan 1993 – May 2007

Value, last 12 filed months

at the published price for each month

Months reported

173

no gaps in the span

Streams

condensate, gas

The HEMPHILL (DOUGLAS) field

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 239 leases and 247 wells, and the rule below applies to all of them.

Discovered

1977-09-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 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 2012-08-21.

The Commission's schedule remark for this field reads: “ DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,870 bbl	$37,164
Gas	Production	181,717 Mcf	$284,976
Total			$322,139

91,781 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 35.7725, -100.3638. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.77248, -100.36379 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,962 ft

1 wells filed one

Completion to plug

22.8 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 7,962 ft.

Completions filed

Jul 1984

1 of 1 wells

Plug dates filed

May 2007

1 of 1 wells

Last completion to plug: a median of 22.8 years across the 1 well that filed both dates, with the middle half between 22.8 years and 22.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21131672	8	7,962 ft	Jul 1984	May 2007	Yes

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 (173)

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

173 months


May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	147	0	38.28	6.08	$5,627
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	84	25.96	3.16	$266
Jul 2002	0	1,274	24.58	3.06	$3,901
Jun 2002	0	1,161	23.73	3.34	$3,876
May 2002	0	998	24.66	3.58	$3,577
Apr 2002	0	1,113	23.65	3.51	$3,909
Mar 2002	0	1,029	22.00	3.10	$3,193
Feb 2002	0	1,098	18.22	2.38	$2,609
Jan 2002	181	1,393	17.17	2.38	$6,417
Dec 2001	0	1,156	16.93	2.36	$2,733
Nov 2001	0	1,072	18.07	2.41	$2,579
Oct 2001	0	855	19.78	2.53	$2,162
Sep 2001	0	1,080	24.26	2.25	$2,431
Aug 2001	0	936	24.87	3.05	$2,858
Jul 2001	0	958	23.93	3.20	$3,063
Jun 2001	0	1,156	24.56	3.82	$4,421
May 2001	0	1,445	25.52	4.31	$6,224
Apr 2001	0	1,103	24.68	5.34	$5,885
Mar 2001	0	1,610	24.54	5.38	$8,656
Feb 2001	0	1,323	27.75	5.77	$7,630
Jan 2001	0	1,432	27.47	8.40	$12,027
Dec 2000	0	1,610	26.88	9.12	$14,687
Nov 2000	0	1,617	32.21	5.66	$9,149
Oct 2000	0	1,838	31.23	5.15	$9,457
Sep 2000	176	2,028	31.87	5.19	$16,127
Aug 2000	0	1,897	29.64	4.54	$8,614
Jul 2000	0	1,573	28.53	4.09	$6,433
Jun 2000	0	1,132	29.30	4.40	$4,978
May 2000	0	1,735	27.26	3.68	$6,384
Apr 2000	0	1,523	24.51	3.12	$4,746
Mar 2000	0	1,644	28.42	2.86	$4,701
Feb 2000	0	1,623	27.62	2.73	$4,425
Jan 2000	0	1,431	25.27	2.48	$3,550
Dec 1999	0	1,200	24.28	2.42	$2,908
Nov 1999	0	1,030	23.19	2.43	$2,507
Oct 1999	0	1,048	20.98	2.80	$2,938
Sep 1999	0	1,143	21.75	2.62	$2,993
Aug 1999	0	987	19.26	2.88	$2,838
Jul 1999	0	1,236	17.89	2.37	$2,932
Jun 1999	0	1,103	15.94	2.36	$2,605
May 1999	0	1,109	15.79	2.32	$2,574
Apr 1999	176	1,246	15.10	2.21	$5,409
Mar 1999	0	1,157	12.47	1.84	$2,127
Feb 1999	0	1,119	9.98	1.82	$2,034
Jan 1999	0	1,191	10.38	1.90	$2,263
Dec 1998	0	1,426	9.20	1.77	$2,529
Nov 1998	0	1,463	10.89	2.19	$3,198
Oct 1998	0	1,149	12.42	1.97	$2,263
Sep 1998	0	1,299	12.59	2.08	$2,705
Aug 1998	0	1,498	11.30	1.91	$2,857
Jul 1998	0	1,600	11.74	2.24	$3,580
Jun 1998	0	1,350	11.24	2.24	$3,020
May 1998	0	1,157	12.62	2.21	$2,553
Apr 1998	0	1,082	13.04	2.51	$2,711
Mar 1998	0	1,288	12.80	2.31	$2,975
Feb 1998	0	999	13.95	2.30	$2,297
Jan 1998	0	1,237	14.70	2.15	$2,665
Dec 1997	0	1,440	16.32	2.41	$3,472
Nov 1997	0	1,515	18.19	3.09	$4,679
Oct 1997	0	1,557	19.25	3.15	$4,904
Sep 1997	160	1,609	17.74	2.95	$7,593
Aug 1997	0	1,611	17.86	2.55	$4,116
Jul 1997	0	1,636	17.58	2.25	$3,676
Jun 1997	0	1,609	17.24	2.26	$3,632
May 1997	0	1,698	18.97	2.31	$3,920
Apr 1997	165	2,026	17.88	2.08	$7,170
Mar 1997	0	2,075	18.95	1.94	$4,024
Feb 1997	0	1,263	20.49	2.21	$2,786
Jan 1997	0	853	23.48	3.54	$3,019
Dec 1996	0	1,563	23.32	—	$0
Nov 1996	0	1,295	21.97	—	$0
Oct 1996	0	1,340	23.31	—	$0
Sep 1996	0	1,440	22.22	—	$0
Aug 1996	0	1,558	20.26	—	$0
Jul 1996	0	1,586	19.55	—	$0
Jun 1996	0	1,463	18.73	—	$0
May 1996	0	1,638	19.43	—	$0
Apr 1996	0	1,378	21.51	—	$0
Mar 1996	0	1,659	19.38	—	$0
Feb 1996	0	1,521	16.98	—	$0
Jan 1996	0	1,549	17.07	—	$0
Dec 1995	171	1,972	17.19	—	$2,939
Nov 1995	0	2,123	16.00	—	$0
Oct 1995	0	892	15.43	—	$0
Sep 1995	0	1,937	16.18	—	$0
Aug 1995	0	1,807	15.92	—	$0
Jul 1995	0	1,934	15.24	—	$0
Jun 1995	0	2,003	16.41	—	$0
May 1995	178	1,890	17.56	—	$3,126
Apr 1995	0	1,878	17.73	—	$0
Mar 1995	0	1,922	16.44	—	$0
Feb 1995	0	1,864	16.58	—	$0
Jan 1995	0	2,217	15.92	—	$0
Dec 1994	0	2,059	15.03	—	$0
Nov 1994	0	2,309	15.90	—	$0
Oct 1994	0	2,614	15.58	—	$0
Sep 1994	0	2,204	15.29	—	$0
Aug 1994	0	2,018	16.13	—	$0
Jul 1994	0	2,405	17.56	—	$0
Jun 1994	0	2,252	17.09	—	$0
May 1994	182	1,889	15.88	—	$2,890
Apr 1994	0	1,791	14.14	—	$0
Mar 1994	0	1,887	12.46	—	$0
Feb 1994	0	1,556	12.50	—	$0
Jan 1994	0	2,111	12.66	—	$0
Dec 1993	0	2,245	12.33	—	$0
Nov 1993	0	1,352	14.49	—	$0
Oct 1993	0	2,314	15.85	—	$0
Sep 1993	0	2,561	15.03	—	$0
Aug 1993	0	1,715	15.66	—	$0
Jul 1993	161	2,016	15.46	—	$2,489
Jun 1993	0	2,507	16.79	—	$0
May 1993	0	2,331	17.68	—	$0
Apr 1993	0	2,080	18.05	—	$0
Mar 1993	0	2,766	18.14	—	$0
Feb 1993	0	1,954	17.90	—	$0
Jan 1993	173	2,416	16.93	—	$2,929

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.

Jul 2004 — as filed, then multipliedworked

Condensate           147 bbl  × $ 38.28 =     $5,627
Gas                    0 Mcf  × $  6.08 =         $0

────────────────────────────────────────────────────
Month total                                   $5,627

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. 10/G/111515 is the state's own key, not one this site invented.