BRITT 8

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 218997District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
May 2006 – Dec 2020
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
176
no gaps in the span
Streams
2
condensate, 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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-01-26172453
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition4,274 bbl$310,115
GasProduction542,065 Mcf$3,340,983
Total$3,651,098

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 35.5743, -100.0923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57432, -100.09225 · 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
14,910 ft
1 wells filed one
Completion to plug
14.6 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 14,910 ft.

Completions filed
May 2006
1 of 1 wells
Plug dates filed
Dec 2020
1 of 1 wells

Last completion to plug: a median of 14.6 years across the 1 well that filed both dates, with the middle half between 14.6 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331853214,910 ftMay 2006Dec 2020Yes

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 (176)

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

176 months

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 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202075057.252.09$4,294
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150249.822.71$5
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140354.693.59$11
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201410538886.164.05$10,616
Aug 201401,89889.394.04$7,659
Jul 201401,58896.564.18$6,637
Jun 201401,58198.164.74$7,489
May 201401,76294.734.73$8,328
Apr 201401,40495.944.81$6,752
Mar 201401,52195.895.06$7,691
Feb 201401,28797.406.19$7,969
Jan 201401,55290.404.86$7,544
Dec 201301,76191.824.35$7,668
Nov 201301,75388.853.74$6,553
Oct 201302,07097.423.78$7,823
Sep 201301,611104.113.72$5,989
Aug 201301,767104.253.52$6,224
Jul 201302,239102.523.72$8,324
Jun 201301,63494.403.93$6,427
May 201301,64294.834.15$6,813
Apr 201301,55893.964.28$6,672
Mar 201301,61293.623.91$6,308
Feb 201301,48091.233.42$5,061
Jan 201301,59091.603.42$5,438
Dec 201201,69286.773.42$5,787
Nov 201201,61786.953.62$5,862
Oct 201201,80689.383.40$6,140
Sep 201201,73494.672.92$5,061
Aug 201201,65892.662.91$4,822
Jul 201201,62785.133.02$4,915
Jun 201201,48979.822.52$3,751
May 201201,59591.612.49$3,969
Apr 20121751,596101.652.00$20,976
Mar 201201,491105.052.22$3,313
Feb 201201,230101.102.57$3,161
Jan 201201,31698.092.73$3,598
Dec 201102,69296.873.24$8,721
Nov 201102,30595.723.31$7,633
Oct 201102,02684.983.65$7,392
Sep 201102,55383.623.99$10,176
Aug 201102,99083.404.15$12,406
Jul 20111882,72994.144.52$30,026
Jun 201103,17992.904.64$14,750
May 201103,06698.134.40$13,505
Apr 20111913,251105.964.33$34,326
Mar 201103,40996.364.06$13,831
Feb 201102,29485.644.18$9,589
Jan 201104,12286.504.59$18,915
Dec 201003,56885.734.35$15,513
Nov 201003,90980.843.80$14,836
Oct 201004,39278.103.51$15,411
Sep 201004,64272.633.98$18,473
Aug 201005,03573.684.42$22,251
Jul 201005,06572.554.74$23,990
Jun 201005,13970.364.91$25,235
May 201005,52071.124.24$23,378
Apr 201005,44581.694.12$22,448
Mar 201007,34978.394.39$32,252
Feb 201001,71073.585.44$9,306
Jan 20100174.365.96$6
Dec 200904,16371.445.48$22,829
Nov 200905,12174.593.75$19,211
Oct 200905,52872.544.11$22,721
Sep 200905,58265.543.06$17,107
Aug 20093436,48367.423.22$43,991
Jul 200904,42961.133.46$15,344
Jun 200904,07466.163.90$15,868
May 200904,32954.743.93$16,995
Apr 20091824,97246.773.59$26,349
Mar 200904,97242.144.06$20,181
Feb 200904,56632.814.63$21,154
Jan 200906,38235.865.37$34,278
Dec 20081735,72137.105.98$40,614
Nov 200805,62955.496.86$38,617
Oct 200806,34375.246.92$43,906
Sep 200806,455101.767.88$50,847
Aug 200806,665114.228.48$56,539
Jul 200806,908131.0811.39$78,678
Jun 20081846,833131.3313.03$113,217
May 200807,473123.1711.57$86,495
Apr 200807,190110.3110.45$75,170
Mar 20081897,601101.909.66$92,716
Feb 200807,13792.538.77$62,596
Jan 200808,22890.388.21$67,517
Dec 20071938,40888.337.30$78,443
Nov 200708,42891.677.29$61,454
Oct 20073078,90682.856.92$87,082
Sep 200708,92275.846.24$55,710
Aug 20071899,64069.066.39$74,632
Jul 2007010,29570.906.39$65,764
Jun 20073589,95762.007.55$97,356
May 2007010,75958.747.85$84,418
Apr 20071789,56859.617.81$85,291
Mar 200716711,52256.927.30$93,639
Feb 2007010,94555.108.22$89,924
Jan 200718815,21350.306.73$111,792
Dec 200618114,02956.656.92$107,312
Nov 200618115,33954.207.62$126,655
Oct 200617416,29054.906.01$107,517
Sep 200618623,77660.085.04$130,939
Aug 200616734,41768.717.34$264,093
Jul 2006010,71369.376.34$67,950
Jun 2006023,16566.286.38$147,883
May 200604466.016.42$283

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 2020 — as filed, then multipliedworked
Condensate            75 bbl  × $ 57.25 =     $4,294
Gas                    0 Mcf  × $  2.09 =         $0

────────────────────────────────────────────────────
Month total                                   $4,294

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/218997 is the state's own key, not one this site invented.