PEARSON, L. R. JR.

Name: PEARSON, L. R. JR. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PEARSON, LEE ROY III (P-5 647749) in the REB (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121338District 7BField 75095500GasSave Export

Value, all time

$181 k

Jan 1993 – Jan 2011

Value, last 12 filed months

$97

at the published price for each month

Months reported

217

no gaps in the span

Streams

gas

The REB (MARBLE FALLS) 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 431 leases and 525 wells, and the rule below applies to all of them.

Discovered

1982-03-12

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 1986-01-01.

The Commission's schedule remark for this field reads: “EFF. 09-10-84 PER DOCKET #7B-82,934”

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
Gas	Production	63,579 Mcf	$181,131
Total			$181,131

22,838 Mcf of this lease's gas, across 48 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 (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 32.4683, -98.8276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46827, -98.82758 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

3,907 ft

1 wells filed one

Completion to plug

27.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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 3,907 ft.

Completions filed

Nov 1983

1 of 1 wells

Plug dates filed

Jan 2011

1 of 1 wells

Last completion to plug: a median of 27.2 years across the 1 well that filed both dates, with the middle half between 27.2 years and 27.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13335484	2	3,907 ft	Nov 1983	Jan 2011	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 (217)

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

217 months


Jan 2011	0	86.50	4.59	$0
Dec 2010	0	85.73	4.35	$0
Nov 2010	0	80.84	3.80	$0
Oct 2010	0	78.10	3.51	$0
Sep 2010	2	72.63	3.98	$8
Aug 2010	12	73.68	4.42	$53
Jul 2010	0	72.55	4.74	$0
Jun 2010	1	70.36	4.91	$5
May 2010	1	71.12	4.24	$4
Apr 2010	2	81.69	4.12	$8
Mar 2010	3	78.39	4.39	$13
Feb 2010	1	73.58	5.44	$5
Jan 2010	6	74.36	5.96	$36
Dec 2009	1	71.44	5.48	$5
Nov 2009	1	74.59	3.75	$4
Oct 2009	1	72.54	4.11	$4
Sep 2009	10	65.54	3.06	$31
Aug 2009	45	67.42	3.22	$145
Jul 2009	55	61.13	3.46	$191
Jun 2009	29	66.16	3.90	$113
May 2009	9	54.74	3.93	$35
Apr 2009	21	46.77	3.59	$75
Mar 2009	50	42.14	4.06	$203
Feb 2009	7	32.81	4.63	$32
Jan 2009	8	35.86	5.37	$43
Dec 2008	4	37.10	5.98	$24
Nov 2008	54	55.49	6.86	$370
Oct 2008	148	75.24	6.92	$1,024
Sep 2008	84	101.76	7.88	$662
Aug 2008	38	114.22	8.48	$322
Jul 2008	117	131.08	11.39	$1,333
Jun 2008	85	131.33	13.03	$1,108
May 2008	54	123.17	11.57	$625
Apr 2008	58	110.31	10.45	$606
Mar 2008	60	101.90	9.66	$580
Feb 2008	49	92.53	8.77	$430
Jan 2008	75	90.38	8.21	$615
Dec 2007	76	88.33	7.30	$555
Nov 2007	69	91.67	7.29	$503
Oct 2007	72	82.85	6.92	$498
Sep 2007	66	75.84	6.24	$412
Aug 2007	82	69.06	6.39	$524
Jul 2007	111	70.90	6.39	$709
Jun 2007	98	62.00	7.55	$740
May 2007	159	58.74	7.85	$1,248
Apr 2007	175	59.61	7.81	$1,366
Mar 2007	182	56.92	7.30	$1,329
Feb 2007	89	55.10	8.22	$731
Jan 2007	165	50.30	6.73	$1,110
Dec 2006	185	56.65	6.92	$1,280
Nov 2006	180	54.20	7.62	$1,371
Oct 2006	142	54.90	6.01	$854
Sep 2006	144	60.08	5.04	$725
Aug 2006	139	68.71	7.34	$1,020
Jul 2006	105	69.37	6.34	$666
Jun 2006	117	66.28	6.38	$747
May 2006	91	66.01	6.42	$585
Apr 2006	105	64.39	7.36	$773
Mar 2006	223	56.70	7.08	$1,579
Feb 2006	167	57.59	7.75	$1,294
Jan 2006	217	60.59	8.93	$1,939
Dec 2005	184	54.94	13.42	$2,468
Nov 2005	222	54.69	10.59	$2,351
Oct 2005	232	58.34	13.80	$3,201
Sep 2005	0	61.45	12.08	$0
Aug 2005	213	61.51	9.80	$2,087
Jul 2005	248	55.69	7.84	$1,945
Jun 2005	260	52.33	7.38	$1,919
May 2005	289	45.22	6.65	$1,922
Apr 2005	293	49.20	7.36	$2,157
Mar 2005	294	50.37	7.15	$2,104
Feb 2005	272	45.22	6.31	$1,717
Jan 2005	253	43.16	6.32	$1,600
Dec 2004	291	39.86	6.75	$1,965
Nov 2004	327	45.28	6.33	$2,070
Oct 2004	108	49.70	6.52	$704
Sep 2004	185	43.24	5.28	$978
Aug 2004	319	42.37	5.55	$1,771
Jul 2004	315	38.28	6.08	$1,917
Jun 2004	311	36.10	6.43	$2,001
May 2004	290	37.48	6.49	$1,883
Apr 2004	311	34.47	5.86	$1,822
Mar 2004	321	34.36	5.53	$1,775
Feb 2004	328	32.45	5.51	$1,807
Jan 2004	357	32.03	6.30	$2,249
Dec 2003	297	30.26	6.30	$1,872
Nov 2003	314	28.80	4.60	$1,443
Oct 2003	399	28.17	4.76	$1,899
Sep 2003	391	26.31	4.75	$1,857
Aug 2003	405	29.76	5.13	$2,078
Jul 2003	348	29.41	5.17	$1,799
Jun 2003	354	28.56	5.98	$2,118
May 2003	377	26.59	5.97	$2,252
Apr 2003	312	26.67	5.41	$1,687
Mar 2003	248	31.14	6.10	$1,512
Feb 2003	317	33.48	7.93	$2,513
Jan 2003	392	30.31	5.58	$2,188
Dec 2002	350	26.91	4.85	$1,699
Nov 2002	328	24.66	4.14	$1,357
Oct 2002	342	26.46	4.23	$1,446
Sep 2002	271	27.44	3.64	$985
Aug 2002	350	25.96	3.16	$1,107
Jul 2002	246	24.58	3.06	$753
Jun 2002	199	23.73	3.34	$664
May 2002	317	24.66	3.58	$1,136
Apr 2002	342	23.65	3.51	$1,201
Mar 2002	365	22.00	3.10	$1,132
Feb 2002	373	18.22	2.38	$886
Jan 2002	364	17.17	2.38	$865
Dec 2001	392	16.93	2.36	$927
Nov 2001	335	18.07	2.41	$806
Oct 2001	353	19.78	2.53	$893
Sep 2001	440	24.26	2.25	$991
Aug 2001	166	24.87	3.05	$507
Jul 2001	337	23.93	3.20	$1,077
Jun 2001	392	24.56	3.82	$1,499
May 2001	428	25.52	4.31	$1,844
Apr 2001	419	24.68	5.34	$2,236
Mar 2001	444	24.54	5.38	$2,387
Feb 2001	221	27.75	5.77	$1,275
Jan 2001	359	27.47	8.40	$3,015
Dec 2000	382	26.88	9.12	$3,485
Nov 2000	349	32.21	5.66	$1,975
Oct 2000	373	31.23	5.15	$1,919
Sep 2000	357	31.87	5.19	$1,852
Aug 2000	363	29.64	4.54	$1,648
Jul 2000	387	28.53	4.09	$1,583
Jun 2000	367	29.30	4.40	$1,614
May 2000	358	27.26	3.68	$1,317
Apr 2000	345	24.51	3.12	$1,075
Mar 2000	349	28.42	2.86	$998
Feb 2000	329	27.62	2.73	$897
Jan 2000	389	25.27	2.48	$965
Dec 1999	431	24.28	2.42	$1,045
Nov 1999	292	23.19	2.43	$711
Oct 1999	367	20.98	2.80	$1,029
Sep 1999	397	21.75	2.62	$1,040
Aug 1999	375	19.26	2.88	$1,078
Jul 1999	371	17.89	2.37	$880
Jun 1999	366	15.94	2.36	$865
May 1999	373	15.79	2.32	$866
Apr 1999	373	15.10	2.21	$824
Mar 1999	285	12.47	1.84	$524
Feb 1999	291	9.98	1.82	$529
Jan 1999	395	10.38	1.90	$750
Dec 1998	362	9.20	1.77	$642
Nov 1998	359	10.89	2.19	$785
Oct 1998	387	12.42	1.97	$762
Sep 1998	297	12.59	2.08	$619
Aug 1998	399	11.30	1.91	$761
Jul 1998	437	11.74	2.24	$978
Jun 1998	362	11.24	2.24	$810
May 1998	318	12.62	2.21	$702
Apr 1998	439	13.04	2.51	$1,100
Mar 1998	440	12.80	2.31	$1,016
Feb 1998	405	13.95	2.30	$931
Jan 1998	405	14.70	2.15	$873
Dec 1997	391	16.32	2.41	$943
Nov 1997	391	18.19	3.09	$1,208
Oct 1997	408	19.25	3.15	$1,285
Sep 1997	393	17.74	2.95	$1,161
Aug 1997	391	17.86	2.55	$999
Jul 1997	392	17.58	2.25	$881
Jun 1997	381	17.24	2.26	$860
May 1997	396	18.97	2.31	$914
Apr 1997	386	17.88	2.08	$804
Mar 1997	394	18.95	1.94	$764
Feb 1997	370	20.49	2.21	$816
Jan 1997	414	23.48	3.54	$1,465
Dec 1996	387	23.32	—	$0
Nov 1996	432	21.97	—	$0
Oct 1996	438	23.31	—	$0
Sep 1996	420	22.22	—	$0
Aug 1996	410	20.26	—	$0
Jul 1996	410	19.55	—	$0
Jun 1996	340	18.73	—	$0
May 1996	404	19.43	—	$0
Apr 1996	405	21.51	—	$0
Mar 1996	455	19.38	—	$0
Feb 1996	419	16.98	—	$0
Jan 1996	453	17.07	—	$0
Dec 1995	449	17.19	—	$0
Nov 1995	329	16.00	—	$0
Oct 1995	399	15.43	—	$0
Sep 1995	369	16.18	—	$0
Aug 1995	408	15.92	—	$0
Jul 1995	629	15.24	—	$0
Jun 1995	420	16.41	—	$0
May 1995	425	17.56	—	$0
Apr 1995	425	17.73	—	$0
Mar 1995	414	16.44	—	$0
Feb 1995	403	16.58	—	$0
Jan 1995	460	15.92	—	$0
Dec 1994	468	15.03	—	$0
Nov 1994	450	15.90	—	$0
Oct 1994	586	15.58	—	$0
Sep 1994	519	15.29	—	$0
Aug 1994	529	16.13	—	$0
Jul 1994	561	17.56	—	$0
Jun 1994	501	17.09	—	$0
May 1994	497	15.88	—	$0
Apr 1994	522	14.14	—	$0
Mar 1994	571	12.46	—	$0
Feb 1994	492	12.50	—	$0
Jan 1994	565	12.66	—	$0
Dec 1993	601	12.33	—	$0
Nov 1993	540	14.49	—	$0
Oct 1993	579	15.85	—	$0
Sep 1993	538	15.03	—	$0
Aug 1993	512	15.66	—	$0
Jul 1993	518	15.46	—	$0
Jun 1993	527	16.79	—	$0
May 1993	560	17.68	—	$0
Apr 1993	550	18.05	—	$0
Mar 1993	545	18.14	—	$0
Feb 1993	475	17.90	—	$0
Jan 1993	529	16.93	—	$0

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 2010 — as filed, then multipliedworked

Gas                    2 Mcf  × $  3.98 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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. 7B/G/121338 is the state's own key, not one this site invented.