PEEL-WHITE

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the EASTLAND COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148349District 7BField 27358001CondensateGasSaveExport
Value, all time
$8 k
Dec 1993 – Apr 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
173
no gaps in the span
Streams
2
condensate, 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 1,053 leases and 2,020 wells, and the rule below applies to all of them.

Discovered
1917-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition91 bbl$4,416
GasProduction1,674 Mcf$3,499
Total$7,915

596 Mcf of this lease's gas, across 36 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 32.4615, -98.8023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46153, -98.80230 · 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
100.0%
1 of 1 wells
Median depth
3,650 ft
1 wells filed one
Completion to plug
25.6 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 3,650 ft.

Completions filed
Oct 1982
1 of 1 wells
Plug dates filed
May 2008
1 of 1 wells

Last completion to plug: a median of 25.6 years across the 1 well that filed both dates, with the middle half between 25.6 years and 25.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-133335672 A3,650 ftOct 1982May 2008Yes

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

Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
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 200581052.337.38$4,239
May 20050045.226.65$0
Apr 200503349.207.36$243
Mar 200506850.377.15$487
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 200001026.889.12$91
Nov 200002332.215.66$130
Oct 200002531.235.15$129
Sep 200002531.875.19$130
Aug 200002429.644.54$109
Jul 200001928.534.09$78
Jun 200001829.304.40$79
May 200001827.263.68$66
Apr 200002024.513.12$62
Mar 200001928.422.86$54
Feb 200001827.622.73$49
Jan 200002225.272.48$55
Dec 199901924.282.42$46
Nov 199902323.192.43$56
Oct 199902420.982.80$67
Sep 199902021.752.62$52
Aug 199901919.262.88$55
Jul 199902417.892.37$57
Jun 199901915.942.36$45
May 199902015.792.32$46
Apr 199901615.102.21$35
Mar 199902112.471.84$39
Feb 19990229.981.82$40
Jan 199901810.381.90$34
Dec 19980239.201.77$41
Nov 199802010.892.19$44
Oct 199802212.421.97$43
Sep 199801912.592.08$40
Aug 199801911.301.91$36
Jul 199802011.742.24$45
Jun 199802011.242.24$45
May 199801712.622.21$38
Apr 199801513.042.51$38
Mar 199802012.802.31$46
Feb 199801613.952.30$37
Jan 199802014.702.15$43
Dec 199702316.322.41$55
Nov 199702418.193.09$74
Oct 199702019.253.15$63
Sep 199702317.742.95$68
Aug 199702117.862.55$54
Jul 199702017.582.25$45
Jun 199702117.242.26$47
May 199702218.972.31$51
Apr 199702017.882.08$42
Mar 199702318.951.94$45
Feb 199701920.492.21$42
Jan 199702423.483.54$85
Dec 199602523.32$0
Nov 199602321.97$0
Oct 199601223.31$0
Sep 19960922.22$0
Aug 19960820.26$0
Jul 199601019.55$0
Jun 199601018.73$0
May 19960219.43$0
Apr 199601021.51$0
Mar 19960619.38$0
Feb 199601516.98$0
Jan 19960617.07$0
Dec 19950817.19$0
Nov 19950616.00$0
Oct 199501515.43$0
Sep 199502416.18$0
Aug 199503115.92$0
Jul 199502615.24$0
Jun 19950016.41$0
May 19950717.56$0
Apr 1995102917.73$177
Mar 199501416.44$0
Feb 199501616.58$0
Jan 199501115.92$0
Dec 199401315.03$0
Nov 199401415.90$0
Oct 199402215.58$0
Sep 19940115.29$0
Aug 199403216.13$0
Jul 199403217.56$0
Jun 199404517.09$0
May 199404815.88$0
Apr 19940514.14$0
Mar 199404112.46$0
Feb 19940612.50$0
Jan 199401012.66$0
Dec 19930412.33$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.

Jun 2005 — as filed, then multipliedworked
Condensate            81 bbl  × $ 52.33 =     $4,239
Gas                    0 Mcf  × $  7.38 =         $0

────────────────────────────────────────────────────
Month total                                   $4,239

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/148349 is the state's own key, not one this site invented.