PEARSON 128

Operated by H & L EXPLORATION COMPANY, LLC (P-5 339771) in the ELLIS RANCH (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8081District 10Field 28506152OilCasinghead gasSaveExport
Value, all time
$4.3 M
Aug 2009 – Sep 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
50
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 140 leases and 149 wells, and the rule below applies to all of them.

Discovered
1958-04-23
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 2005-07-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

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.

StreamBasisVolumeValue
OilDisposition48,603 bbl$3,640,986
Casinghead gasProduction152,493 Mcf$652,784
Total$4,293,770

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 36.1120, -100.8093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.11195, -100.80932 · 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
0.0%
0 of 1 wells
Median depth
7,582 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,582 ft.

Completions filed
Sep 2009
1 of 1 wells

1 well

42-357328161H7,582 ftSep 2009Yes

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 (50)

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

50 months

Sep 201300104.113.72$0
Aug 201300104.253.52$0
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 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20119454,02392.904.64$106,457
May 20117624,40298.134.40$94,165
Apr 20119604,642105.964.33$121,837
Mar 20119655,20496.364.06$114,102
Feb 20117654,63685.644.18$84,893
Jan 20111,3395,84586.504.59$142,645
Dec 20109805,91085.734.35$109,711
Nov 20101,5506,31480.843.80$149,266
Oct 20101,1196,16678.103.51$109,030
Sep 20101,2915,03672.633.98$113,806
Aug 20101,5065,12873.684.42$133,625
Jul 20101,6626,90772.554.74$153,293
Jun 20102,0165,69570.364.91$169,810
May 20101,5065,58871.124.24$130,773
Apr 20102,0525,14181.694.12$188,823
Mar 20101,4884,04578.394.39$134,396
Feb 20102,0756,60173.585.44$188,604
Jan 20102,4907,83074.365.96$231,855
Dec 20093,0658,10271.445.48$263,393
Nov 20093,71910,73074.593.75$317,654
Oct 20095,40215,91072.544.11$457,255
Sep 20098,99317,43065.543.06$642,820
Aug 20091,9531,20867.423.22$135,559

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.

Jun 2011 — as filed, then multipliedworked
Oil                  945 bbl  × $ 92.90 =    $87,791
Casinghead gas     4,023 Mcf  × $  4.64 =    $18,666

────────────────────────────────────────────────────
Month total                                 $106,457

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/8081 is the state's own key, not one this site invented.