MAULSBY

Operated by PITCO INVESTMENTS, LTD. (P-5 665868) in the LARD RANCH (GRANITE WASH -C-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7634District 10Field 52019750OilCasinghead gasSaveExport
Value, all time
$2.9 M
Feb 2006 – Sep 2007
Value, last 12 filed months
$354 k
at the published price for each month
Months reported
20
no gaps in the span
Streams
2
oil, casinghead 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 116 leases and 143 wells, and the rule below applies to all of them.

Discovered
1980-05-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-02-24.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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
OilDisposition14,788 bbl$923,111
Casinghead gasProduction297,768 Mcf$2,017,911
Total$2,941,022

Wells on this lease (5)

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 35.9131, -100.8481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

35.91273, -100.84873 · 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%
5 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
9,200 ft
5 wells filed one
Completion to plug
13.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
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 9,185 and 9,204 ft, median 9,200 ft, over the 5 wells that filed a depth.

Completions filed
Feb 2006 – Sep 2006
5 of 5 wells
Plug dates filed
Mar 2020
1 of 5 wells; 4 filed none

Last completion to plug: a median of 13.5 years across the 1 well that filed both dates, with the middle half between 13.5 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-393318288049,204 ftSep 2006Mar 2020Yes
42-393317475049,200 ftMay 2006Yes
42-393317486049,200 ftApr 2006Yes
42-393317494049,185 ftFeb 2006Yes
42-393317463049,204 ftFeb 2006Yes

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 (20)

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

20 months

Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200732058.747.85$1,880
Apr 20070059.617.81$0
Mar 2007310056.927.30$17,645
Feb 2007194055.108.22$10,689
Jan 20071805,59450.306.73$46,684
Dec 20062715,13556.656.92$50,878
Nov 20067079,23554.207.62$108,667
Oct 20061,1668,85854.906.01$117,284
Sep 20062,74715,28960.085.04$242,054
Aug 20061,23933,38268.717.34$330,153
Jul 20061,58335,20969.376.34$333,135
Jun 20061,93842,64366.286.38$400,678
May 20061,56044,00766.016.42$385,721
Apr 20061,58738,14664.397.36$382,960
Mar 200690940,59556.707.08$339,071
Feb 200636519,67557.597.75$173,524

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.

May 2007 — as filed, then multipliedworked
Oil                   32 bbl  × $ 58.74 =     $1,880
Casinghead gas         0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                   $1,880

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/7634 is the state's own key, not one this site invented.