PACE, DALANA

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

Operated by ROMAC OIL COMPANY, INC. (P-5 727003) in the DALANA (CADDO, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22128District 7BField 22780400OilCasinghead gasSave Export

Value, all time

$98 k

Jan 1993 – Sep 2004

Value, last 12 filed months

at the published price for each month

Months reported

141

no gaps in the span

Streams

oil, casinghead gas

The DALANA (CADDO, LO.) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1985-01-27

as the register files it

Field class

Oil

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.

Stream	Basis	Volume	Value
Oil	Disposition	5,259 bbl	$88,807
Casinghead gas	Production	20,262 Mcf	$8,717
Total			$97,524

16,659 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 33.1676, -99.0564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16761, -99.05641 · 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

4,850 ft

1 wells filed one

Completion to plug

18.2 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 4,850 ft.

Completions filed

Jan 1985

1 of 1 wells

Plug dates filed

Mar 2003

1 of 1 wells

Last completion to plug: a median of 18.2 years across the 1 well that filed both dates, with the middle half between 18.2 years and 18.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-44734245	3	4,850 ft	Jan 1985	Mar 2003	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 (141)

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

141 months


Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	7	0	23.65	3.51	$166
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	7	0	27.47	8.40	$192
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	17	0	31.23	5.15	$531
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	49	0	29.30	4.40	$1,436
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	28	24.51	3.12	$87
Mar 2000	0	2	28.42	2.86	$6
Feb 2000	77	21	27.62	2.73	$2,184
Jan 2000	0	48	25.27	2.48	$119
Dec 1999	0	54	24.28	2.42	$131
Nov 1999	77	58	23.19	2.43	$1,927
Oct 1999	0	60	20.98	2.80	$168
Sep 1999	0	54	21.75	2.62	$141
Aug 1999	0	55	19.26	2.88	$158
Jul 1999	77	70	17.89	2.37	$1,544
Jun 1999	0	53	15.94	2.36	$125
May 1999	0	42	15.79	2.32	$97
Apr 1999	73	54	15.10	2.21	$1,222
Mar 1999	0	36	12.47	1.84	$66
Feb 1999	0	30	9.98	1.82	$55
Jan 1999	0	30	10.38	1.90	$57
Dec 1998	0	35	9.20	1.77	$62
Nov 1998	77	86	10.89	2.19	$1,027
Oct 1998	0	93	12.42	1.97	$183
Sep 1998	0	64	12.59	2.08	$133
Aug 1998	80	67	11.30	1.91	$1,032
Jul 1998	0	103	11.74	2.24	$230
Jun 1998	1	117	11.24	2.24	$273
May 1998	69	138	12.62	2.21	$1,175
Apr 1998	71	121	13.04	2.51	$1,229
Mar 1998	0	139	12.80	2.31	$321
Feb 1998	67	109	13.95	2.30	$1,185
Jan 1998	0	121	14.70	2.15	$261
Dec 1997	0	132	16.32	2.41	$318
Nov 1997	77	117	18.19	3.09	$1,762
Oct 1997	0	132	19.25	3.15	$416
Sep 1997	0	137	17.74	2.95	$405
Aug 1997	78	143	17.86	2.55	$1,758
Jul 1997	0	145	17.58	2.25	$326
Jun 1997	151	133	17.24	2.26	$2,903
May 1997	0	152	18.97	2.31	$351
Apr 1997	0	176	17.88	2.08	$367
Mar 1997	73	125	18.95	1.94	$1,626
Feb 1997	0	149	20.49	2.21	$329
Jan 1997	78	174	23.48	3.54	$2,447
Dec 1996	78	166	23.32	—	$1,819
Nov 1996	0	143	21.97	—	$0
Oct 1996	76	176	23.31	—	$1,772
Sep 1996	77	197	22.22	—	$1,711
Aug 1996	0	206	20.26	—	$0
Jul 1996	74	254	19.55	—	$1,447
Jun 1996	72	244	18.73	—	$1,349
May 1996	73	260	19.43	—	$1,418
Apr 1996	61	271	21.51	—	$1,312
Mar 1996	0	315	19.38	—	$0
Feb 1996	72	191	16.98	—	$1,223
Jan 1996	75	271	17.07	—	$1,280
Dec 1995	68	277	17.19	—	$1,169
Nov 1995	0	311	16.00	—	$0
Oct 1995	73	316	15.43	—	$1,126
Sep 1995	76	301	16.18	—	$1,230
Aug 1995	70	346	15.92	—	$1,114
Jul 1995	73	366	15.24	—	$1,113
Jun 1995	141	339	16.41	—	$2,314
May 1995	0	344	17.56	—	$0
Apr 1995	71	330	17.73	—	$1,259
Mar 1995	74	360	16.44	—	$1,217
Feb 1995	73	340	16.58	—	$1,210
Jan 1995	77	310	15.92	—	$1,226
Dec 1994	132	390	15.03	—	$1,984
Nov 1994	71	375	15.90	—	$1,129
Oct 1994	68	411	15.58	—	$1,059
Sep 1994	72	392	15.29	—	$1,101
Aug 1994	68	51	16.13	—	$1,097
Jul 1994	88	443	17.56	—	$1,545
Jun 1994	69	454	17.09	—	$1,179
May 1994	139	473	15.88	—	$2,207
Apr 1994	71	447	14.14	—	$1,004
Mar 1994	72	622	12.46	—	$897
Feb 1994	141	405	12.50	—	$1,763
Jan 1994	142	456	12.66	—	$1,798
Dec 1993	140	504	12.33	—	$1,726
Nov 1993	68	469	14.49	—	$985
Oct 1993	137	452	15.85	—	$2,171
Sep 1993	74	485	15.03	—	$1,112
Aug 1993	148	414	15.66	—	$2,318
Jul 1993	76	457	15.46	—	$1,175
Jun 1993	155	627	16.79	—	$2,602
May 1993	150	364	17.68	—	$2,652
Apr 1993	73	409	18.05	—	$1,318
Mar 1993	150	356	18.14	—	$2,721
Feb 1993	152	266	17.90	—	$2,721
Jan 1993	143	303	16.93	—	$2,421

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.

Apr 2002 — as filed, then multipliedworked

Oil                    7 bbl  × $ 23.65 =       $166
Casinghead gas         0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                     $166

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/O/22128 is the state's own key, not one this site invented.