PARADIS INVESTMENTS "17"

Operated by STRAND ENERGY, L.C. (P-5 824758) in the SMITH PERRYTON (MORROW-MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 238798District 10Field 84300700GasSaveExport
Value, all time
$50 k
May 2008 – Jun 2010
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
26
no gaps in the span
Streams
1
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
2007-12-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2008-01-01.

The Commission's schedule remark for this field reads: SUSPENSION OF ALLOCATION FORMULA.

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
GasProduction5,959 Mcf$50,135
Total$50,135

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 36.3999, -101.0305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.39989, -101.03050 · 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
8,000 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

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 8,000 ft.

Completions filed
Jun 2010
1 of 1 wells
Plug dates filed
Dec 2000
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573230028,000 ftJun 2010Dec 2000Yes

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 (26)

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

26 months

Jun 2010970.364.91$44
May 2010071.124.24$0
Apr 2010381.694.12$12
Mar 2010778.394.39$31
Feb 20102973.585.44$158
Jan 201012874.365.96$763
Dec 200913671.445.48$746
Nov 200914174.593.75$529
Oct 20099372.544.11$382
Sep 200911665.543.06$356
Aug 20099967.423.22$319
Jul 200912361.133.46$426
Jun 200915566.163.90$604
May 20094454.743.93$173
Apr 200917746.773.59$635
Mar 200921642.144.06$877
Feb 200924132.814.63$1,117
Jan 200932535.865.37$1,746
Dec 200830737.105.98$1,835
Nov 200813255.496.86$906
Oct 200823075.246.92$1,592
Sep 2008240101.767.88$1,891
Aug 2008364114.228.48$3,088
Jul 2008553131.0811.39$6,298
Jun 2008965131.3313.03$12,576
May 20081,126123.1711.57$13,033

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.

Jun 2010 — as filed, then multipliedworked
Gas                    9 Mcf  × $  4.91 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/238798 is the state's own key, not one this site invented.