ETTER

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 28029District 10Field 89120001GasSaveExport
Value, all time
$789 k
Jan 1993 – Oct 2004
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
142
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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered
1945-06-25
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: OPTIONS.

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
GasProduction433,669 Mcf$789,006
Total$789,006

202,479 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 36.0275, -102.0036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.02754, -102.00362 · 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
3,310 ft
1 wells filed one
Completion to plug
55.4 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 3,310 ft.

Completions filed
May 1949
1 of 1 wells
Plug dates filed
Oct 2004
1 of 1 wells

Last completion to plug: a median of 55.4 years across the 1 well that filed both dates, with the middle half between 55.4 years and 55.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3410057813,310 ftMay 1949Oct 2004Yes

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 (142)

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

142 months

Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 20042,25232.455.51$12,408
Jan 20042,94432.036.30$18,546
Dec 20032,75430.266.30$17,355
Nov 20032,66828.804.60$12,260
Oct 20032,27228.174.76$10,814
Sep 20032,05326.314.75$9,750
Aug 20032,35329.765.13$12,070
Jul 20032,25929.415.17$11,681
Jun 20031,49928.565.98$8,968
May 20032,32826.595.97$13,904
Apr 20031,66326.675.41$8,992
Mar 20032,16031.146.10$13,167
Feb 20031,89633.487.93$15,027
Jan 20031,81730.315.58$10,143
Dec 20022,15026.914.85$10,436
Nov 20022,27024.664.14$9,391
Oct 20022,45626.464.23$10,387
Sep 20021,99727.443.64$7,259
Aug 20022,43825.963.16$7,714
Jul 20022,47224.583.06$7,569
Jun 20021,53423.733.34$5,121
May 20022,42024.663.58$8,673
Apr 20022,40123.653.51$8,433
Mar 20022,37022.003.10$7,353
Feb 20022,20218.222.38$5,231
Jan 20022,47017.172.38$5,868
Dec 20012,47016.932.36$5,840
Nov 20012,51818.072.41$6,057
Oct 20012,63419.782.53$6,661
Sep 20012,54724.262.25$5,734
Aug 20012,54224.873.05$7,761
Jul 20012,57323.933.20$8,226
Jun 2001024.563.82$0
May 20012,49225.524.31$10,734
Apr 20012,57024.685.34$13,712
Mar 20012,63024.545.38$14,140
Feb 20012,40027.755.77$13,841
Jan 20012,67627.478.40$22,475
Dec 20002,48626.889.12$22,679
Nov 20002,69832.215.66$15,265
Oct 20002,83931.235.15$14,608
Sep 20002,16531.875.19$11,229
Aug 20002,85229.644.54$12,950
Jul 20002,33128.534.09$9,533
Jun 20002,39429.304.40$10,527
May 20002,84827.263.68$10,480
Apr 20002,74924.513.12$8,566
Mar 20002,85228.422.86$8,156
Feb 20002,66927.622.73$7,277
Jan 20002,78725.272.48$6,913
Dec 19992,89124.282.42$7,007
Nov 19992,73723.192.43$6,662
Oct 19992,94820.982.80$8,265
Sep 19992,88921.752.62$7,566
Aug 19992,91019.262.88$8,368
Jul 19992,95817.892.37$7,017
Jun 19992,92715.942.36$6,914
May 19992,72515.792.32$6,325
Apr 19992,97315.102.21$6,565
Mar 19993,14312.471.84$5,778
Feb 19992,8819.981.82$5,237
Jan 19993,34010.381.90$6,346
Dec 19982,8699.201.77$5,088
Nov 19982,80310.892.19$6,127
Oct 19982,80312.421.97$5,520
Sep 19982,95912.592.08$6,162
Aug 19983,00611.301.91$5,733
Jul 19983,50211.742.24$7,835
Jun 19983,06311.242.24$6,853
May 19982,56212.622.21$5,653
Apr 19983,31513.042.51$8,305
Mar 19983,18012.802.31$7,344
Feb 19983,18013.952.30$7,311
Jan 19983,24614.702.15$6,994
Dec 19973,36816.322.41$8,121
Nov 19973,26018.193.09$10,068
Oct 19973,47019.253.15$10,930
Sep 19973,39817.742.95$10,041
Aug 19973,52217.862.55$8,998
Jul 19973,17717.582.25$7,139
Jun 19973,48917.242.26$7,875
May 19973,62218.972.31$8,361
Apr 19973,44017.882.08$7,165
Mar 19973,88318.951.94$7,530
Feb 19973,46020.492.21$7,632
Jan 19973,47123.483.54$12,286
Dec 19963,76123.32$0
Nov 19963,66321.97$0
Oct 19963,81323.31$0
Sep 19963,74222.22$0
Aug 19963,92120.26$0
Jul 19964,00119.55$0
Jun 19963,42218.73$0
May 19964,04819.43$0
Apr 19963,94921.51$0
Mar 19964,05819.38$0
Feb 19963,84016.98$0
Jan 19964,10817.07$0
Dec 19954,12217.19$0
Nov 19953,95016.00$0
Oct 19954,16215.43$0
Sep 19954,07116.18$0
Aug 19954,24215.92$0
Jul 19954,32715.24$0
Jun 19953,35516.41$0
May 19954,27617.56$0
Apr 19954,18617.73$0
Mar 19954,29116.44$0
Feb 19953,93116.58$0
Jan 19954,38215.92$0
Dec 19944,26315.03$0
Nov 19944,14015.90$0
Oct 19944,26015.58$0
Sep 19944,08415.29$0
Aug 19943,66016.13$0
Jul 19943,68517.56$0
Jun 19944,01117.09$0
May 19944,58915.88$0
Apr 19943,72114.14$0
Mar 19944,57312.46$0
Feb 19944,12412.50$0
Jan 19944,71912.66$0
Dec 19934,73812.33$0
Nov 19934,51314.49$0
Oct 19934,64215.85$0
Sep 19934,69815.03$0
Aug 19934,77015.66$0
Jul 19934,95215.46$0
Jun 19934,22416.79$0
May 19934,91817.68$0
Apr 19934,96718.05$0
Mar 19934,86118.14$0
Feb 19934,66817.90$0
Jan 19935,07816.93$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.

Feb 2004 — as filed, then multipliedworked
Gas                2,252 Mcf  × $  5.51 =    $12,408

────────────────────────────────────────────────────
Month total                                  $12,408

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/28029 is the state's own key, not one this site invented.