BLASDEL 45

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

Gas lease lease 259678District 10Field 967853002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Jun 2010 – Jul 2021
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
134
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 81 leases and 84 wells, and the rule below applies to all of them.

Discovered
1984-11-19
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 2011-06-27.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112011-06-27199333
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
CondensateDisposition35,230 bbl$2,488,705
GasProduction2,557,709 Mcf$8,831,503
Total$11,320,209

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 35.5151, -100.2579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51508, -100.25795 · 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
13,364 ft
1 wells filed one
Completion to plug
9.0 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 13,364 ft.

Completions filed
Apr 2012
1 of 1 wells
Plug dates filed
Apr 2021
1 of 1 wells

Last completion to plug: a median of 9.0 years across the 1 well that filed both dates, with the middle half between 9.0 years and 9.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-483329542045H13,364 ftApr 2012Apr 2021Yes

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 (134)

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

134 months

Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021201060.362.76$12,132
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
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 202036710534.901.69$12,986
May 202002,41616.921.81$4,384
Apr 202018511,28414.751.80$23,089
Mar 2020013,06430.341.86$24,250
Feb 2020011,88449.881.98$23,538
Jan 202018113,53657.252.09$38,717
Dec 2019013,19859.012.30$30,413
Nov 2019013,85555.302.75$38,111
Oct 2019014,83453.472.42$35,877
Sep 201939015,46855.052.66$62,572
Aug 201919315,78753.112.30$46,629
Jul 2019015,09156.272.46$37,125
Jun 201919613,40452.782.49$43,737
May 2019013,95358.482.74$38,236
Apr 201930114,06062.632.75$57,526
Mar 201915114,36556.803.06$52,564
Feb 201966913,45250.852.79$71,580
Jan 20193815,25946.033.23$51,008
Dec 20186415,61346.594.19$68,329
Nov 20189715,42152.934.24$70,477
Oct 201828616,08961.443.40$72,244
Sep 201819215,64359.543.11$60,050
Aug 20184916,23159.403.07$52,684
Jul 2018016,21465.142.93$47,538
Jun 201827114,98360.183.08$62,410
May 201824315,41465.382.90$60,600
Apr 2018014,88763.842.90$43,184
Mar 201843915,69461.222.79$70,612
Feb 201819713,49761.782.77$49,505
Jan 20188914,03762.874.01$61,874
Dec 20174313,21657.272.92$41,073
Nov 201742413,80255.423.12$66,538
Oct 201723914,84249.292.98$56,064
Sep 20178615,35947.523.09$51,504
Aug 201720015,85545.373.00$56,709
Jul 201727816,49243.873.09$63,111
Jun 20174817,64842.493.09$56,524
May 201728420,25145.373.26$78,972
Apr 201724919,24247.933.21$73,732
Mar 201723620,60646.772.98$72,519
Feb 20179818,93050.452.95$60,837
Jan 201724621,09149.413.42$84,261
Dec 201629721,85748.763.72$95,852
Nov 20164821,37142.492.64$58,552
Oct 201643222,35946.193.09$89,049
Sep 20165021,10641.553.10$67,519
Aug 201624221,51241.442.92$72,937
Jul 201623222,33541.622.92$74,971
Jun 201625323,44345.352.69$74,437
May 201623324,21942.521.99$58,128
Apr 20164223,92336.561.99$49,167
Mar 201624624,89133.011.79$52,775
Feb 201624023,88126.472.06$55,634
Jan 201627825,68527.352.36$68,332
Dec 201527726,62932.362.00$62,259
Nov 201522726,97238.792.17$67,263
Oct 201524628,69343.552.43$80,339
Sep 201545027,97542.992.76$96,512
Aug 2015029,12040.162.87$83,647
Jul 201523729,99848.152.95$99,758
Jun 201549428,81156.152.88$110,796
May 201520130,50855.212.96$101,262
Apr 20158521,54149.822.71$62,537
Mar 201536729,76742.892.93$103,098
Feb 201547327,46544.662.98$102,865
Jan 201532627,44543.433.10$99,255
Dec 201422127,47754.693.59$110,766
Nov 201455526,80770.464.25$153,084
Oct 201430628,91978.303.90$136,772
Sep 201418725,84386.164.05$120,658
Aug 20144623,50589.394.04$98,957
Jul 201426921,19596.564.18$114,561
Jun 20149319,48998.164.74$101,446
May 201423825,05494.734.73$140,965
Apr 201414216,34595.944.81$92,229
Mar 201415511,96995.895.06$75,388
Feb 20141747,94497.406.19$66,137
Jan 2014010,26690.404.86$49,900
Dec 201320122,09891.824.35$114,681
Nov 2013028,08088.853.74$104,971
Oct 201335617,53597.423.78$100,953
Sep 2013034,300104.113.72$127,518
Aug 201335135,420104.253.52$161,363
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012905,56685.133.02$24,475
Jun 201242017,11479.822.52$76,635
May 201231512,08691.612.49$58,931
Apr 201227111,598101.652.00$50,706
Mar 20122354,964105.052.22$35,717
Feb 201255212,503101.102.57$87,943
Jan 2012013,08998.092.73$35,786
Dec 201150615,14296.873.24$98,072
Nov 201146936,82895.723.31$166,841
Oct 201183939,24384.983.65$214,478
Sep 201170836,56183.623.99$204,928
Aug 201172232,09383.404.15$193,379
Jul 201168235,27094.144.52$223,527
Jun 20111,05237,42092.904.64$271,355
May 201141845,90198.134.40$243,204
Apr 201139329,242105.964.33$168,356
Mar 201101796.364.06$69
Feb 201168131,42185.644.18$189,660
Jan 20111,34149,96986.504.59$345,293
Dec 20101,00744,03485.734.35$277,779
Nov 20101,50666,57980.843.80$374,434
Oct 201017779,85278.103.51$294,016
Sep 20101,12471,47572.633.98$366,069
Aug 20102,574147,75173.684.42$842,617
Jul 20102,09171,55472.554.74$490,617
Jun 201055761370.364.91$42,201

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 2021 — as filed, then multipliedworked
Condensate           201 bbl  × $ 60.36 =    $12,132
Gas                    0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                  $12,132

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/259678 is the state's own key, not one this site invented.