PENNINGTON -A-

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

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the QUINDUNO (LECOMPTON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3754District 10Field 73768284Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$307 k

Jan 1993 – Aug 2004

Value, last 12 filed months

at the published price for each month

Months reported

140

no gaps in the span

Streams

oil, casinghead gas

The QUINDUNO (LECOMPTON) 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 16 leases and 48 wells, and the rule below applies to all of them.

Discovered

1955-08-09

as the register files it

Field class

Oil

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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
Oil	Disposition	7,985 bbl	$147,696
Casinghead gas	Production	117,491 Mcf	$159,777
Total			$307,473

54,675 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 35.7041, -100.8248. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70408, -100.82481 · 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

100.0%

1 of 1 wells

Median depth

6,276 ft

1 wells filed one

Completion to plug

44.0 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 6,276 ft.

Completions filed

Jul 1958

1 of 1 wells

Plug dates filed

Jul 2002

1 of 1 wells

Last completion to plug: a median of 44.0 years across the 1 well that filed both dates, with the middle half between 44.0 years and 44.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39300048	4	6,276 ft	Jul 1958	Jul 2002	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 (140)

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

140 months


Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	3	0	27.44	3.64	$82
Aug 2002	25	0	25.96	3.16	$649
Jul 2002	50	395	24.58	3.06	$2,438
Jun 2002	57	921	23.73	3.34	$4,427
May 2002	138	903	24.66	3.58	$6,639
Apr 2002	139	908	23.65	3.51	$6,477
Mar 2002	62	919	22.00	3.10	$4,215
Feb 2002	78	432	18.22	2.38	$2,447
Jan 2002	65	934	17.17	2.38	$3,335
Dec 2001	98	924	16.93	2.36	$3,844
Nov 2001	85	966	18.07	2.41	$3,860
Oct 2001	41	883	19.78	2.53	$3,044
Sep 2001	42	673	24.26	2.25	$2,534
Aug 2001	30	779	24.87	3.05	$3,125
Jul 2001	99	519	23.93	3.20	$4,028
Jun 2001	0	664	24.56	3.82	$2,539
May 2001	0	82	25.52	4.31	$353
Apr 2001	45	113	24.68	5.34	$1,713
Mar 2001	34	333	24.54	5.38	$2,625
Feb 2001	0	79	27.75	5.77	$456
Jan 2001	31	106	27.47	8.40	$1,742
Dec 2000	42	229	26.88	9.12	$3,218
Nov 2000	90	205	32.21	5.66	$4,059
Oct 2000	0	231	31.23	5.15	$1,189
Sep 2000	47	212	31.87	5.19	$2,597
Aug 2000	50	101	29.64	4.54	$1,941
Jul 2000	96	109	28.53	4.09	$3,185
Jun 2000	45	78	29.30	4.40	$1,661
May 2000	87	380	27.26	3.68	$3,770
Apr 2000	50	538	24.51	3.12	$2,902
Mar 2000	96	606	28.42	2.86	$4,461
Feb 2000	51	672	27.62	2.73	$3,241
Jan 2000	93	990	25.27	2.48	$4,806
Dec 1999	0	928	24.28	2.42	$2,249
Nov 1999	112	1,007	23.19	2.43	$5,048
Oct 1999	0	381	20.98	2.80	$1,068
Sep 1999	60	950	21.75	2.62	$3,793
Aug 1999	104	863	19.26	2.88	$4,485
Jul 1999	0	1,556	17.89	2.37	$3,691
Jun 1999	66	2,126	15.94	2.36	$6,074
May 1999	116	1,350	15.79	2.32	$4,965
Apr 1999	0	1,360	15.10	2.21	$3,003
Mar 1999	72	1,359	12.47	1.84	$3,396
Feb 1999	62	927	9.98	1.82	$2,304
Jan 1999	50	2,281	10.38	1.90	$4,853
Dec 1998	21	2,581	9.20	1.77	$4,770
Nov 1998	112	2,666	10.89	2.19	$7,047
Oct 1998	49	1,420	12.42	1.97	$3,405
Sep 1998	74	1,092	12.59	2.08	$3,206
Aug 1998	41	825	11.30	1.91	$2,037
Jul 1998	63	1,013	11.74	2.24	$3,006
Jun 1998	38	896	11.24	2.24	$2,432
May 1998	89	1,089	12.62	2.21	$3,526
Apr 1998	112	1,103	13.04	2.51	$4,224
Mar 1998	60	1,133	12.80	2.31	$3,385
Feb 1998	82	1,988	13.95	2.30	$5,715
Jan 1998	88	3,084	14.70	2.15	$7,939
Dec 1997	111	1,882	16.32	2.41	$6,349
Nov 1997	57	1,375	18.19	3.09	$5,283
Oct 1997	27	1,049	19.25	3.15	$3,824
Sep 1997	52	1,235	17.74	2.95	$4,572
Aug 1997	21	634	17.86	2.55	$1,995
Jul 1997	2	644	17.58	2.25	$1,482
Jun 1997	98	1,080	17.24	2.26	$4,127
May 1997	2	902	18.97	2.31	$2,120
Apr 1997	77	801	17.88	2.08	$3,045
Mar 1997	85	1,098	18.95	1.94	$3,740
Feb 1997	109	1,018	20.49	2.21	$4,479
Jan 1997	79	1,236	23.48	3.54	$6,230
Dec 1996	111	1,105	23.32	—	$2,589
Nov 1996	81	1,051	21.97	—	$1,780
Oct 1996	85	1,128	23.31	—	$1,981
Sep 1996	52	1,019	22.22	—	$1,155
Aug 1996	82	892	20.26	—	$1,661
Jul 1996	61	991	19.55	—	$1,193
Jun 1996	93	1,069	18.73	—	$1,742
May 1996	72	931	19.43	—	$1,399
Apr 1996	110	960	21.51	—	$2,366
Mar 1996	146	1,201	19.38	—	$2,829
Feb 1996	92	1,129	16.98	—	$1,562
Jan 1996	92	1,605	17.07	—	$1,570
Dec 1995	115	931	17.19	—	$1,977
Nov 1995	87	1,059	16.00	—	$1,392
Oct 1995	164	1,036	15.43	—	$2,531
Sep 1995	104	1,108	16.18	—	$1,683
Aug 1995	97	1,302	15.92	—	$1,544
Jul 1995	76	1,098	15.24	—	$1,158
Jun 1995	74	1,192	16.41	—	$1,214
May 1995	70	875	17.56	—	$1,229
Apr 1995	89	1,149	17.73	—	$1,578
Mar 1995	73	1,122	16.44	—	$1,200
Feb 1995	98	1,040	16.58	—	$1,625
Jan 1995	30	1,158	15.92	—	$478
Dec 1994	76	1,301	15.03	—	$1,142
Nov 1994	102	368	15.90	—	$1,622
Oct 1994	85	1,144	15.58	—	$1,324
Sep 1994	46	1,101	15.29	—	$703
Aug 1994	59	1,137	16.13	—	$952
Jul 1994	20	1,160	17.56	—	$351
Jun 1994	61	1,339	17.09	—	$1,042
May 1994	47	665	15.88	—	$746
Apr 1994	85	1,158	14.14	—	$1,202
Mar 1994	18	1,163	12.46	—	$224
Feb 1994	122	993	12.50	—	$1,525
Jan 1994	120	1,168	12.66	—	$1,519
Dec 1993	92	1,243	12.33	—	$1,134
Nov 1993	38	1,165	14.49	—	$551
Oct 1993	73	1,401	15.85	—	$1,157
Sep 1993	60	1,364	15.03	—	$902
Aug 1993	6	1,510	15.66	—	$94
Jul 1993	112	1,350	15.46	—	$1,732
Jun 1993	107	1,393	16.79	—	$1,797
May 1993	108	1,150	17.68	—	$1,909
Apr 1993	108	1,063	18.05	—	$1,949
Mar 1993	108	1,392	18.14	—	$1,959
Feb 1993	34	1,274	17.90	—	$609
Jan 1993	84	1,522	16.93	—	$1,422

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.

Sep 2002 — as filed, then multipliedworked

Oil                    3 bbl  × $ 27.44 =        $82
Casinghead gas         0 Mcf  × $  3.64 =         $0

────────────────────────────────────────────────────
Month total                                      $82

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/O/3754 is the state's own key, not one this site invented.