PIPER, OLA, O.

Name: PIPER, OLA, O. lease production and value, Jun 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the BRADFORD (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7279District 10Field 11226200OilCasinghead gasSave Export

Value, all time

$6.9 M

Jun 1998 – Sep 2014

Value, last 12 filed months

at the published price for each month

Months reported

196

no gaps in the span

Streams

oil, casinghead gas

The BRADFORD (CLEVELAND) 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 141 leases and 152 wells, and the rule below applies to all of them.

Discovered

1959-09-16

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 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 2002-10-01.

The Commission's schedule remark for this field reads: “53869 270 EFF 4/5/11.”

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	23,273 bbl	$1,229,781
Casinghead gas	Production	970,938 Mcf	$5,628,285
Total			$6,858,066

Wells on this lease (4)

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 36.2621, -100.2729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.8 miles.

36.26636, -100.27614 · 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%

4 of 4 wells

With a plug date

25.0%

1 of 4 wells

Median depth

8,675 ft

4 wells filed one

Completion to plug

5.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

125.0%

BothOn the schedule and plugged. Neither fact cancels the other.

125.0%

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

Between 7,730 and 10,350 ft, median 8,675 ft, over the 4 wells that filed a depth.

Completions filed

Jun 1998 – Oct 2005

4 of 4 wells

Plug dates filed

Mar 2004

1 of 4 wells; 3 filed none

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-29532885	24	7,730 ft	Oct 2005	—	Yes
42-29532345	17	9,400 ft	Jul 2001	—	Yes
42-29532478	21	7,950 ft	Feb 1999	Mar 2004	Yes
42-29532422	20	10,350 ft	Jun 1998	—	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 (196)

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

196 months


Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	468	5,143	105.96	4.33	$71,875
Mar 2011	192	5,290	96.36	4.06	$39,964
Feb 2011	0	4,335	85.64	4.18	$18,120
Jan 2011	0	5,647	86.50	4.59	$25,913
Dec 2010	0	5,919	85.73	4.35	$25,734
Nov 2010	362	5,228	80.84	3.80	$49,106
Oct 2010	0	6,101	78.10	3.51	$21,408
Sep 2010	175	6,054	72.63	3.98	$36,802
Aug 2010	0	6,290	73.68	4.42	$27,798
Jul 2010	367	4,834	72.55	4.74	$49,522
Jun 2010	194	6,006	70.36	4.91	$43,142
May 2010	0	6,071	71.12	4.24	$25,712
Apr 2010	0	6,757	81.69	4.12	$27,857
Mar 2010	0	7,213	78.39	4.39	$31,655
Feb 2010	192	7,383	73.58	5.44	$54,308
Jan 2010	0	8,616	74.36	5.96	$51,387
Dec 2009	176	3,624	71.44	5.48	$32,447
Nov 2009	0	6,604	74.59	3.75	$24,775
Oct 2009	191	7,642	72.54	4.11	$45,266
Sep 2009	0	6,608	65.54	3.06	$20,252
Aug 2009	286	5,374	67.42	3.22	$36,578
Jul 2009	179	6,480	61.13	3.46	$33,392
Jun 2009	197	7,375	66.16	3.90	$41,759
May 2009	0	7,291	54.74	3.93	$28,623
Apr 2009	196	6,096	46.77	3.59	$31,036
Mar 2009	165	7,657	42.14	4.06	$38,033
Feb 2009	0	6,901	32.81	4.63	$31,972
Jan 2009	563	7,245	35.86	5.37	$59,102
Dec 2008	0	5,336	37.10	5.98	$31,894
Nov 2008	182	5,301	55.49	6.86	$46,466
Oct 2008	0	5,210	75.24	6.92	$36,064
Sep 2008	200	7,282	101.76	7.88	$77,713
Aug 2008	0	4,999	114.22	8.48	$42,407
Jul 2008	391	5,910	131.08	11.39	$118,564
Jun 2008	184	5,262	131.33	13.03	$92,742
May 2008	0	4,998	123.17	11.57	$57,848
Apr 2008	200	5,617	110.31	10.45	$80,787
Mar 2008	188	6,567	101.90	9.66	$82,621
Feb 2008	165	6,553	92.53	8.77	$72,741
Jan 2008	195	7,432	90.38	8.21	$78,609
Dec 2007	196	7,560	88.33	7.30	$72,516
Nov 2007	180	7,371	91.67	7.29	$70,248
Oct 2007	0	7,009	82.85	6.92	$48,516
Sep 2007	189	6,305	75.84	6.24	$53,703
Aug 2007	579	5,925	69.06	6.39	$77,834
Jul 2007	0	7,639	70.90	6.39	$48,797
Jun 2007	178	7,391	62.00	7.55	$66,827
May 2007	475	7,530	58.74	7.85	$86,984
Apr 2007	199	6,749	59.61	7.81	$64,540
Mar 2007	185	7,857	56.92	7.30	$67,902
Feb 2007	152	6,818	55.10	8.22	$64,392
Jan 2007	285	7,335	50.30	6.73	$63,677
Dec 2006	274	8,758	56.65	6.92	$76,114
Nov 2006	0	3,432	54.20	7.62	$26,143
Oct 2006	186	8,906	54.90	6.01	$63,770
Sep 2006	269	14,911	60.08	5.04	$91,271
Aug 2006	671	15,602	68.71	7.34	$160,622
Jul 2006	311	15,222	69.37	6.34	$118,124
Jun 2006	444	16,253	66.28	6.38	$133,186
May 2006	340	17,589	66.01	6.42	$135,453
Apr 2006	352	19,007	64.39	7.36	$162,566
Mar 2006	561	19,562	56.70	7.08	$170,365
Feb 2006	160	18,830	57.59	7.75	$155,168
Jan 2006	915	23,613	60.59	8.93	$266,382
Dec 2005	725	25,758	54.94	13.42	$385,385
Nov 2005	940	22,317	54.69	10.59	$287,710
Oct 2005	400	9,283	58.34	13.80	$151,402
Sep 2005	0	3,126	61.45	12.08	$37,759
Aug 2005	0	3,231	61.51	9.80	$31,654
Jul 2005	186	3,254	55.69	7.84	$35,882
Jun 2005	0	3,238	52.33	7.38	$23,900
May 2005	0	3,135	45.22	6.65	$20,851
Apr 2005	0	3,643	49.20	7.36	$26,814
Mar 2005	0	3,573	50.37	7.15	$25,564
Feb 2005	0	3,172	45.22	6.31	$20,021
Jan 2005	368	3,394	43.16	6.32	$37,340
Dec 2004	0	3,633	39.86	6.75	$24,527
Nov 2004	0	4,018	45.28	6.33	$25,436
Oct 2004	0	3,899	49.70	6.52	$25,402
Sep 2004	0	3,985	43.24	5.28	$21,056
Aug 2004	0	3,771	42.37	5.55	$20,932
Jul 2004	197	3,729	38.28	6.08	$30,229
Jun 2004	0	3,796	36.10	6.43	$24,420
May 2004	0	3,903	37.48	6.49	$25,348
Apr 2004	0	2,588	34.47	5.86	$15,162
Mar 2004	0	2,735	34.36	5.53	$15,125
Feb 2004	0	2,751	32.45	5.51	$15,157
Jan 2004	150	3,455	32.03	6.30	$26,570
Dec 2003	107	3,852	30.26	6.30	$27,512
Nov 2003	0	4,324	28.80	4.60	$19,869
Oct 2003	0	4,396	28.17	4.76	$20,923
Sep 2003	0	4,249	26.31	4.75	$20,180
Aug 2003	164	4,563	29.76	5.13	$28,288
Jul 2003	0	4,574	29.41	5.17	$23,651
Jun 2003	0	4,405	28.56	5.98	$26,355
May 2003	0	4,224	26.59	5.97	$25,229
Apr 2003	181	4,652	26.67	5.41	$29,982
Mar 2003	202	4,918	31.14	6.10	$36,271
Feb 2003	0	4,913	33.48	7.93	$38,940
Jan 2003	0	5,450	30.31	5.58	$30,422
Dec 2002	0	5,335	26.91	4.85	$25,895
Nov 2002	196	4,580	24.66	4.14	$23,781
Oct 2002	0	10,447	26.46	4.23	$44,182
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	3	5,196	25.96	3.16	$16,519
Jul 2002	0	5,164	24.58	3.06	$15,811
Jun 2002	173	5,131	23.73	3.34	$21,234
May 2002	3	3,923	24.66	3.58	$14,134
Apr 2002	0	3,690	23.65	3.51	$12,960
Mar 2002	374	5,540	22.00	3.10	$25,417
Feb 2002	0	4,862	18.22	2.38	$11,551
Jan 2002	0	5,671	17.17	2.38	$13,472
Dec 2001	196	5,965	16.93	2.36	$17,422
Nov 2001	0	5,976	18.07	2.41	$14,375
Oct 2001	192	5,791	19.78	2.53	$18,443
Sep 2001	0	5,728	24.26	2.25	$12,896
Aug 2001	194	6,850	24.87	3.05	$25,739
Jul 2001	59	6,940	23.93	3.20	$23,600
Jun 2001	189	1,905	24.56	3.82	$11,927
May 2001	181	2,603	25.52	4.31	$15,831
Apr 2001	0	2,567	24.68	5.34	$13,696
Mar 2001	187	2,800	24.54	5.38	$19,643
Feb 2001	0	2,624	27.75	5.77	$15,133
Jan 2001	185	3,025	27.47	8.40	$30,488
Dec 2000	0	2,296	26.88	9.12	$20,945
Nov 2000	279	3,169	32.21	5.66	$26,917
Oct 2000	0	3,253	31.23	5.15	$16,738
Sep 2000	195	3,234	31.87	5.19	$22,988
Aug 2000	367	3,300	29.64	4.54	$25,862
Jul 2000	193	3,556	28.53	4.09	$20,049
Jun 2000	0	3,482	29.30	4.40	$15,311
May 2000	282	3,628	27.26	3.68	$21,037
Apr 2000	191	3,834	24.51	3.12	$16,628
Mar 2000	0	4,456	28.42	2.86	$12,743
Feb 2000	196	4,253	27.62	2.73	$17,009
Jan 2000	196	4,757	25.27	2.48	$16,753
Dec 1999	190	5,355	24.28	2.42	$17,592
Nov 1999	213	5,020	23.19	2.43	$17,158
Oct 1999	191	5,536	20.98	2.80	$19,529
Sep 1999	207	5,600	21.75	2.62	$19,168
Aug 1999	328	5,846	19.26	2.88	$23,128
Jul 1999	206	6,677	17.89	2.37	$19,526
Jun 1999	210	6,736	15.94	2.36	$19,259
May 1999	377	6,980	15.79	2.32	$22,154
Apr 1999	199	6,789	15.10	2.21	$17,995
Mar 1999	602	9,473	12.47	1.84	$24,921
Feb 1999	0	11,505	9.98	1.82	$20,914
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	9	9.20	1.77	$16
Nov 1998	0	5,654	10.89	2.19	$12,358
Oct 1998	0	6,592	12.42	1.97	$12,981
Sep 1998	190	8,464	12.59	2.08	$20,019
Aug 1998	0	9,096	11.30	1.91	$17,349
Jul 1998	0	8,788	11.74	2.24	$19,661
Jun 1998	0	3,955	11.24	2.24	$8,848

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 2011 — as filed, then multipliedworked

Oil                  468 bbl  × $105.96 =    $49,589
Casinghead gas     5,143 Mcf  × $  4.33 =    $22,286

────────────────────────────────────────────────────
Month total                                  $71,875

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/7279 is the state's own key, not one this site invented.