PAZOURECK

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8517District 10Field 68735120OilCasinghead gasSaveExport
Value, all time
$1.7 M
Dec 2011 – Mar 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
52
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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
OilDisposition15,847 bbl$1,481,444
Casinghead gasProduction50,960 Mcf$181,921
Total$1,663,365

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 36.1835, -101.0908. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.18348, -101.09077 · 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
6,530 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 6,530 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-195318721H6,530 ftDec 2011Yes

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 (52)

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

52 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014304070.464.25$21,420
Oct 20141891,41778.303.90$20,326
Sep 20143881,36186.164.05$38,936
Aug 20143721,36789.394.04$38,769
Jul 20141841,45796.564.18$23,857
Jun 20143591,15198.164.74$40,692
May 201418183694.734.73$21,098
Apr 201437260395.944.81$38,590
Mar 20143561,11695.895.06$39,780
Feb 20145581,02297.406.19$60,677
Jan 201418452090.404.86$19,161
Dec 201319236691.824.35$19,223
Nov 20133761,07088.853.74$37,408
Oct 201317939297.423.78$18,920
Sep 20135502,731104.113.72$67,414
Aug 201302,346104.253.52$8,264
Jul 20133782,908102.523.72$49,564
Jun 20133811,47894.403.93$41,780
May 20137261,55994.834.15$75,315
Apr 201301,00893.964.28$4,317
Mar 201335861293.623.91$35,911
Feb 20135401,18091.233.42$53,300
Jan 201335866191.603.42$35,053
Dec 20123621,29686.773.42$35,843
Nov 20123571,50486.953.62$36,493
Oct 20125341,14989.383.40$51,635
Sep 201256690994.672.92$56,236
Aug 20125561,06592.662.91$54,616
Jul 20127391,27785.133.02$66,769
Jun 20125501,13079.822.52$46,748
May 201289888991.612.49$84,478
Apr 2012180146101.652.00$18,589
Mar 2012549822105.052.22$59,499
Feb 20127331,126101.102.57$77,000
Jan 20121,4656,00198.092.73$160,109
Dec 20118736,48596.873.24$105,577

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.

Nov 2014 — as filed, then multipliedworked
Oil                  304 bbl  × $ 70.46 =    $21,420
Casinghead gas         0 Mcf  × $  4.25 =         $0

────────────────────────────────────────────────────
Month total                                  $21,420

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/8517 is the state's own key, not one this site invented.