PEARSON

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

Operated by LATIGO PETROLEUM TEXAS, LP (P-5 488245) in the ALPAR (MORROW LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145963District 10Field 01928470CondensateGasSave Export

Value, all time

$279 k

Mar 1993 – Jan 2006

Value, last 12 filed months

$246

at the published price for each month

Months reported

155

no gaps in the span

Streams

condensate, gas

The ALPAR (MORROW LOWER) 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1990-05-25

as the register files it

Field class

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: “AOF-1 AND AOF-2 EFFECTIVE 03/01/96.”

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	447 bbl	$9,595
Gas	Production	667,425 Mcf	$269,172
Total			$278,766

593,804 Mcf of this lease's gas, across 41 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 36.1580, -101.0249. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.15798, -101.02492 · 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

0.0%

0 of 1 wells

Median depth

8,450 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 8,450 ft.

Completions filed

Mar 2005

1 of 1 wells

1 well


42-35732017	9	8,450 ft	Mar 2005	—	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 (155)

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

155 months


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	5	0	49.20	7.36	$246
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	193	45.28	6.33	$1,222
Oct 2004	0	952	49.70	6.52	$6,202
Sep 2004	0	1,695	43.24	5.28	$8,956
Aug 2004	0	787	42.37	5.55	$4,368
Jul 2004	0	72	38.28	6.08	$438
Jun 2004	0	85	36.10	6.43	$547
May 2004	0	147	37.48	6.49	$955
Apr 2004	0	305	34.47	5.86	$1,787
Mar 2004	0	501	34.36	5.53	$2,771
Feb 2004	0	987	32.45	5.51	$5,438
Jan 2004	0	361	32.03	6.30	$2,274
Dec 2003	5	398	30.26	6.30	$2,659
Nov 2003	0	610	28.80	4.60	$2,803
Oct 2003	0	692	28.17	4.76	$3,294
Sep 2003	0	654	26.31	4.75	$3,106
Aug 2003	0	432	29.76	5.13	$2,216
Jul 2003	0	708	29.41	5.17	$3,661
Jun 2003	0	460	28.56	5.98	$2,752
May 2003	0	612	26.59	5.97	$3,655
Apr 2003	0	862	26.67	5.41	$4,661
Mar 2003	0	1,002	31.14	6.10	$6,108
Feb 2003	0	359	33.48	7.93	$2,845
Jan 2003	8	965	30.31	5.58	$5,629
Dec 2002	13	595	26.91	4.85	$3,238
Nov 2002	14	1,122	24.66	4.14	$4,987
Oct 2002	14	1,410	26.46	4.23	$6,334
Sep 2002	15	498	27.44	3.64	$2,222
Aug 2002	15	598	25.96	3.16	$2,282
Jul 2002	15	372	24.58	3.06	$1,508
Jun 2002	15	476	23.73	3.34	$1,945
May 2002	14	902	24.66	3.58	$3,578
Apr 2002	0	201	23.65	3.51	$706
Mar 2002	0	379	22.00	3.10	$1,176
Feb 2002	0	391	18.22	2.38	$929
Jan 2002	0	627	17.17	2.38	$1,490
Dec 2001	11	734	16.93	2.36	$1,922
Nov 2001	15	976	18.07	2.41	$2,619
Oct 2001	15	646	19.78	2.53	$1,930
Sep 2001	17	860	24.26	2.25	$2,349
Aug 2001	0	1,281	24.87	3.05	$3,911
Jul 2001	12	1,275	23.93	3.20	$4,363
Jun 2001	17	1,117	24.56	3.82	$4,689
May 2001	17	1,163	25.52	4.31	$5,443
Apr 2001	17	1,023	24.68	5.34	$5,878
Mar 2001	0	690	24.54	5.38	$3,710
Feb 2001	0	630	27.75	5.77	$3,633
Jan 2001	0	756	27.47	8.40	$6,349
Dec 2000	0	809	26.88	9.12	$7,380
Nov 2000	0	1,085	32.21	5.66	$6,139
Oct 2000	0	999	31.23	5.15	$5,140
Sep 2000	0	1,123	31.87	5.19	$5,824
Aug 2000	0	797	29.64	4.54	$3,619
Jul 2000	0	1,149	28.53	4.09	$4,699
Jun 2000	0	797	29.30	4.40	$3,505
May 2000	0	121	27.26	3.68	$445
Apr 2000	0	538	24.51	3.12	$1,676
Mar 2000	0	448	28.42	2.86	$1,281
Feb 2000	0	800	27.62	2.73	$2,181
Jan 2000	0	1,028	25.27	2.48	$2,550
Dec 1999	0	340	24.28	2.42	$824
Nov 1999	0	350	23.19	2.43	$852
Oct 1999	0	494	20.98	2.80	$1,385
Sep 1999	0	319	21.75	2.62	$835
Aug 1999	0	606	19.26	2.88	$1,743
Jul 1999	0	988	17.89	2.37	$2,344
Jun 1999	0	1,433	15.94	2.36	$3,385
May 1999	0	774	15.79	2.32	$1,796
Apr 1999	0	599	15.10	2.21	$1,323
Mar 1999	0	457	12.47	1.84	$840
Feb 1999	0	420	9.98	1.82	$763
Jan 1999	0	555	10.38	1.90	$1,054
Dec 1998	0	627	9.20	1.77	$1,112
Nov 1998	0	643	10.89	2.19	$1,405
Oct 1998	0	690	12.42	1.97	$1,359
Sep 1998	0	815	12.59	2.08	$1,697
Aug 1998	0	519	11.30	1.91	$990
Jul 1998	0	845	11.74	2.24	$1,890
Jun 1998	0	1,179	11.24	2.24	$2,638
May 1998	0	887	12.62	2.21	$1,957
Apr 1998	0	1,504	13.04	2.51	$3,768
Mar 1998	20	713	12.80	2.31	$1,903
Feb 1998	0	411	13.95	2.30	$945
Jan 1998	0	795	14.70	2.15	$1,713
Dec 1997	0	1,045	16.32	2.41	$2,520
Nov 1997	0	818	18.19	3.09	$2,526
Oct 1997	0	854	19.25	3.15	$2,690
Sep 1997	0	824	17.74	2.95	$2,435
Aug 1997	0	1,079	17.86	2.55	$2,757
Jul 1997	0	1,280	17.58	2.25	$2,876
Jun 1997	0	1,211	17.24	2.26	$2,733
May 1997	0	1,472	18.97	2.31	$3,398
Apr 1997	0	1,061	17.88	2.08	$2,210
Mar 1997	0	1,284	18.95	1.94	$2,490
Feb 1997	0	1,464	20.49	2.21	$3,229
Jan 1997	0	2,011	23.48	3.54	$7,118
Dec 1996	0	3,076	23.32	—	$0
Nov 1996	0	1,922	21.97	—	$0
Oct 1996	0	3,310	23.31	—	$0
Sep 1996	0	2,764	22.22	—	$0
Aug 1996	0	3,477	20.26	—	$0
Jul 1996	0	3,847	19.55	—	$0
Jun 1996	0	4,138	18.73	—	$0
May 1996	0	4,452	19.43	—	$0
Apr 1996	0	4,275	21.51	—	$0
Mar 1996	0	4,323	19.38	—	$0
Feb 1996	0	4,971	16.98	—	$0
Jan 1996	0	6,049	17.07	—	$0
Dec 1995	0	4,041	17.19	—	$0
Nov 1995	0	3,750	16.00	—	$0
Oct 1995	0	6,408	15.43	—	$0
Sep 1995	0	7,275	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	3,583	16.41	—	$0
May 1995	0	6,795	17.56	—	$0
Apr 1995	0	8,215	17.73	—	$0
Mar 1995	0	8,931	16.44	—	$0
Feb 1995	0	11,006	16.58	—	$0
Jan 1995	0	13,188	15.92	—	$0
Dec 1994	0	14,662	15.03	—	$0
Nov 1994	0	16,873	15.90	—	$0
Oct 1994	0	19,056	15.58	—	$0
Sep 1994	0	20,312	15.29	—	$0
Aug 1994	0	19,622	16.13	—	$0
Jul 1994	173	23,820	17.56	—	$3,038
Jun 1994	0	25,413	17.09	—	$0
May 1994	0	28,449	15.88	—	$0
Apr 1994	0	20,583	14.14	—	$0
Mar 1994	0	27,430	12.46	—	$0
Feb 1994	0	24,181	12.50	—	$0
Jan 1994	0	31,823	12.66	—	$0
Dec 1993	0	32,993	12.33	—	$0
Nov 1993	0	31,212	14.49	—	$0
Oct 1993	0	33,452	15.85	—	$0
Sep 1993	0	33,721	15.03	—	$0
Aug 1993	0	33,152	15.66	—	$0
Jul 1993	0	23,616	15.46	—	$0
Jun 1993	0	13,638	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$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 2005 — as filed, then multipliedworked

Condensate             5 bbl  × $ 49.20 =       $246
Gas                    0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                     $246

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/145963 is the state's own key, not one this site invented.