WHITTENBURG -A-

Operated by PAN RESOURCES, INC. (P-5 638477) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 934District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$118 k
Jan 1993 – May 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
173
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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA16none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition7,204 bbl$112,276
Casinghead gasProduction19,730 Mcf$5,947
Total$118,223

16,766 Mcf of this lease's gas, across 42 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 (18)

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 35.7662, -101.3391. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.8 miles.

35.76589, -101.33650 · 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%
18 of 18 wells
With a plug date
100.0%
18 of 18 wells
Median depth
2,761 ft
17 wells filed one
Completion to plug
40.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
18100.0%
A plug date is filed
18100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
18100.0%
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

Total depth in feet, 17 of 18 wells. Median 2,761 ft, with the middle half between 2,744 and 2,783 ft; the shallowest is 2,730 ft and the deepest 3,019 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 1 of 18 wells, Sep 1964. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1964
1 of 18 wells; 17 filed none
Plug dates filed
Mar 1979 – Feb 2005
18 of 18 wells

Last completion to plug: a median of 40.3 years across the 1 well that filed both dates, with the middle half between 40.3 years and 40.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

18 wells

42-2330638812,763 ftDec 2004Yes
42-2330639022,731 ftFeb 2005Yes
42-2330639432,747 ftJan 2005Yes
42-2330640142,779 ftDec 2004Yes
42-2330640652,786 ftDec 2004Yes
42-2330648562,783 ftJan 2005Yes
42-23306535192,851 ftFeb 2005Yes
42-23306542102,755 ftJan 2005Yes
42-23306543112,730 ftJan 2005Yes
42-23306544122,735 ftJan 2005Yes
42-23306545132,978 ftJan 2005Yes
42-23306546143,019 ftJan 2005Yes
42-2331184992,748 ftMay 1991Yes
42-23320076162,734 ftDec 2004Yes
42-23320082152,744 ftDec 2004Yes
42-23320083172,765 ftJan 2005Yes
42-233820248Mar 1979Yes
42-23303924182,761 ftSep 1964Jan 2005Yes

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 (173)

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

173 months

May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 199991021.752.62$1,979
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 1999107015.942.36$1,706
May 19990015.792.32$0
Apr 1999179015.102.21$2,703
Mar 1999045012.471.84$827
Feb 199904509.981.82$818
Jan 199917945010.381.90$2,713
Dec 199802149.201.77$379
Nov 199817431810.892.19$2,590
Oct 1998022312.421.97$439
Sep 1998013112.592.08$273
Aug 1998175511.301.91$1,987
Jul 19980011.742.24$0
Jun 1998172011.242.24$1,933
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998026513.952.30$609
Jan 1998024414.702.15$526
Dec 1997021416.322.41$516
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996031820.26$0
Jul 1996035119.55$0
Jun 199616634818.73$3,109
May 1996036119.43$0
Apr 1996032321.51$0
Mar 199617035519.38$3,295
Feb 1996031116.98$0
Jan 1996040417.07$0
Dec 1995037117.19$0
Nov 199517547816.00$2,800
Oct 19951812015.43$2,793
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995042915.24$0
Jun 199517132816.41$2,806
May 199515837617.56$2,774
Apr 199516836417.73$2,979
Mar 199516939716.44$2,778
Feb 1995031216.58$0
Jan 199517436615.92$2,770
Dec 199417943215.03$2,690
Nov 1994040715.90$0
Oct 199416544615.58$2,571
Sep 199417147015.29$2,615
Aug 199435250916.13$5,678
Jul 199417548017.56$3,073
Jun 199417849317.09$3,042
May 199417852215.88$2,827
Apr 199434051614.14$4,808
Mar 199417651712.46$2,193
Feb 1994048512.50$0
Jan 199418046012.66$2,279
Dec 199317753712.33$2,182
Nov 199335542414.49$5,144
Oct 1993015415.85$0
Sep 199341328815.03$6,207
Aug 1993050315.66$0
Jul 199324348915.46$3,757
Jun 199324442916.79$4,097
May 199318138717.68$3,200
Apr 199323453618.05$4,224
Mar 199320146418.14$3,646
Feb 199322624817.90$4,045
Jan 199322735816.93$3,843

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 1999 — as filed, then multipliedworked
Oil                   91 bbl  × $ 21.75 =     $1,979
Casinghead gas         0 Mcf  × $  2.62 =         $0

────────────────────────────────────────────────────
Month total                                   $1,979

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/934 is the state's own key, not one this site invented.