FERROL SIKES "1"

Operated by PETEX (P-5 659782) in the PITZ (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241274District 7BField 71777100CondensateGasSaveExport
Value, all time
$284 k
Aug 2008 – May 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
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 113 leases and 114 wells, and the rule below applies to all of them.

Discovered
1989-12-12
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

The Commission's schedule remark for this field reads: OPERATORS AND PURCHASERS IN THIS FIELD

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
CondensateDisposition190 bbl$13,047
GasProduction64,900 Mcf$271,327
Total$284,375

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 32.6566, -98.8712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.65656, -98.87122 · 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
4,087 ft
1 wells filed one
Completion to plug
13.8 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 4,087 ft.

Completions filed
Aug 2008
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293645014,087 ftAug 2008May 2022Yes

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 (166)

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

166 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20202038.772.71$78
Oct 20204036.972.48$148
Sep 20204037.091.99$148
Aug 20204039.982.39$160
Jul 20204038.371.83$153
Jun 20200034.901.69$0
May 20204016.921.81$68
Apr 20200014.751.80$0
Mar 20204030.341.86$121
Feb 20204049.881.98$200
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180165.382.90$3
Apr 201807863.842.90$226
Mar 2018020961.222.79$582
Feb 2018017261.782.77$476
Jan 2018019362.874.01$774
Dec 2017019157.272.92$558
Nov 2017017955.423.12$558
Oct 20177117849.292.98$4,031
Sep 2017014847.523.09$457
Aug 2017014145.373.00$424
Jul 2017012443.873.09$383
Jun 2017015542.493.09$479
May 2017018345.373.26$597
Apr 2017017347.933.21$556
Mar 201708746.772.98$260
Feb 2017016750.452.95$493
Jan 2017018649.413.42$636
Dec 2016024748.763.72$920
Nov 2016024742.492.64$653
Oct 2016025046.193.09$773
Sep 2016023641.553.10$732
Aug 2016024441.442.92$714
Jul 2016024541.622.92$716
Jun 2016024345.352.69$653
May 2016025842.521.99$514
Apr 2016026536.561.99$528
Mar 2016027933.011.79$501
Feb 2016026326.472.06$543
Jan 2016028227.352.36$667
Dec 2015028532.362.00$570
Nov 2015027938.792.17$605
Oct 2015029043.552.43$704
Sep 2015028442.992.76$783
Aug 2015029340.162.87$842
Jul 2015029048.152.95$854
Jun 2015039956.152.88$1,150
May 2015050655.212.96$1,495
Apr 2015046249.822.71$1,250
Mar 2015050842.892.93$1,491
Feb 2015045944.662.98$1,366
Jan 2015050243.433.10$1,557
Dec 2014051454.693.59$1,846
Nov 2014050170.464.25$2,130
Oct 2014052278.303.90$2,036
Sep 2014049786.164.05$2,011
Aug 2014050989.394.04$2,054
Jul 2014048696.564.18$2,031
Jun 2014046198.164.74$2,184
May 2014047894.734.73$2,259
Apr 2014047495.944.81$2,280
Mar 2014050195.895.06$2,533
Feb 2014045697.406.19$2,824
Jan 2014050790.404.86$2,464
Dec 2013052891.824.35$2,299
Nov 2013051888.853.74$1,936
Oct 2013052797.423.78$1,992
Sep 20130511104.113.72$1,900
Aug 20130538104.253.52$1,895
Jul 20130549102.523.72$2,041
Jun 2013052594.403.93$2,065
May 2013053494.834.15$2,216
Apr 2013052393.964.28$2,240
Mar 2013055793.623.91$2,179
Feb 2013048991.233.42$1,672
Jan 2013054891.603.42$1,874
Dec 2012056686.773.42$1,936
Nov 2012054686.953.62$1,979
Oct 2012057089.383.40$1,938
Sep 2012056794.672.92$1,655
Aug 2012059092.662.91$1,716
Jul 2012058585.133.02$1,767
Jun 2012058179.822.52$1,464
May 2012061291.612.49$1,523
Apr 20120600101.652.00$1,198
Mar 20120596105.052.22$1,324
Feb 20120586101.102.57$1,506
Jan 2012054998.092.73$1,501
Dec 2011038696.873.24$1,251
Nov 2011046295.723.31$1,530
Oct 2011055084.983.65$2,007
Sep 2011056483.623.99$2,248
Aug 2011065783.404.15$2,726
Jul 2011071994.144.52$3,248
Jun 2011077592.904.64$3,596
May 20117873998.134.40$10,909
Apr 20110757105.964.33$3,280
Mar 2011077696.364.06$3,149
Feb 2011064985.644.18$2,713
Jan 2011077086.504.59$3,533
Dec 2010077485.734.35$3,365
Nov 2010075980.843.80$2,881
Oct 2010080178.103.51$2,811
Sep 2010076972.633.98$3,060
Aug 2010082473.684.42$3,642
Jul 2010076172.554.74$3,604
Jun 2010076770.364.91$3,766
May 2010079271.124.24$3,354
Apr 2010069681.694.12$2,869
Mar 2010078978.394.39$3,463
Feb 2010077673.585.44$4,223
Jan 20101187274.365.96$6,019
Dec 2009081471.445.48$4,464
Nov 2009086174.593.75$3,230
Oct 2009090672.544.11$3,724
Sep 2009089465.543.06$2,740
Aug 2009088667.423.22$2,852
Jul 2009096061.133.46$3,326
Jun 2009097866.163.90$3,809
May 200901,02854.743.93$4,036
Apr 200901,01146.773.59$3,627
Mar 200901,07242.144.06$4,351
Feb 2009097332.814.63$4,508
Jan 200901,07535.865.37$5,774
Dec 200801,09537.105.98$6,545
Nov 200801,14655.496.86$7,862
Oct 200801,21675.246.92$8,417
Sep 200801,243101.767.88$9,791
Aug 200802,176114.228.48$18,459

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 2020 — as filed, then multipliedworked
Condensate             2 bbl  × $ 38.77 =        $78
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                      $78

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/241274 is the state's own key, not one this site invented.