PACE HEIRS UNIT "A"

Operated by WALTER EXPLORATION COMPANY (P-5 895231) in the BECKHAM (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23878District 7BField 06621250Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$386 k
Jan 1993 – Sep 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
117
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 7 leases and 10 wells, and the rule below applies to all of them.

Discovered
1957-09-21
as the register files it
Field class
Oil
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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition21,676 bbl$368,532
Casinghead gasProduction15,936 Mcf$17,522
Total$386,054

8,534 Mcf of this lease's gas, across 43 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 32.3820, -100.2280. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38205, -100.22804 · 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
6,325 ft
1 wells filed one
Completion to plug
16.0 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 6,325 ft.

Completions filed
Aug 1986
1 of 1 wells
Plug dates filed
Aug 2002
1 of 1 wells

Last completion to plug: a median of 16.0 years across the 1 well that filed both dates, with the middle half between 16.0 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3533196716,325 ftAug 1986Aug 2002Yes

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 (117)

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

117 months

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 200155027.478.40$1,511
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200071031.875.19$2,263
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 200001528.422.86$43
Feb 20001601527.622.73$4,460
Jan 20001491525.272.48$3,802
Dec 19991571524.282.42$3,848
Nov 19991691523.192.43$3,956
Oct 19991731520.982.80$3,672
Sep 199906321.752.62$165
Aug 19991773519.262.88$3,510
Jul 19990417.892.37$9
Jun 19991562515.942.36$2,546
May 19991698815.792.32$2,873
Apr 199934214515.102.21$5,484
Mar 199934211912.471.84$4,484
Feb 19993451319.981.82$3,681
Jan 19991767810.381.90$1,975
Dec 1998334979.201.77$3,245
Nov 199817815010.892.19$2,266
Oct 199835117112.421.97$4,696
Sep 199817313412.592.08$2,457
Aug 199833710011.301.91$3,999
Jul 199834220311.742.24$4,469
Jun 199834118811.242.24$4,253
May 199834017512.622.21$4,677
Apr 199816923013.042.51$2,780
Mar 199836025912.802.31$5,206
Feb 199833527613.952.30$5,308
Jan 199835629014.702.15$5,858
Dec 199717422416.322.41$3,380
Nov 199750228618.193.09$10,015
Oct 199735628919.253.15$7,763
Sep 199752533217.742.95$10,295
Aug 199733643317.862.55$7,107
Jul 199752045917.582.25$10,173
Jun 199732939317.242.26$6,559
May 199752138518.972.31$10,772
Apr 199751944117.882.08$10,198
Mar 199751749318.951.94$10,753
Feb 199751734620.492.21$11,357
Jan 199734927023.483.54$9,150
Dec 199617828323.32$4,151
Nov 199617810121.97$3,911
Oct 199633719023.31$7,855
Sep 199635436722.22$7,866
Aug 199635130920.26$7,111
Jul 199651739519.55$10,107
Jun 199617715818.73$3,315
May 199635511119.43$6,898
Apr 1996011421.51$0
Mar 199653640519.38$10,388
Feb 199633613316.98$5,705
Jan 199637419417.07$6,384
Dec 199536420917.19$6,257
Nov 199573124316.00$11,696
Oct 199554731815.43$8,440
Sep 199553946916.18$8,721
Aug 199570153815.92$11,160
Jul 199571361515.24$10,866
Jun 199569456216.41$11,389
May 199572266917.56$12,678
Apr 199536016217.73$6,383
Mar 19951681916.44$2,762
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 199301612.33$0
Nov 1993016414.49$0
Oct 199317617715.85$2,790
Sep 199313321515.03$1,999
Aug 1993021215.66$0
Jul 199317921015.46$2,767
Jun 199317420516.79$2,921
May 1993016317.68$0
Apr 199317216118.05$3,105
Mar 199318820118.14$3,410
Feb 1993015017.90$0
Jan 199308716.93$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.

Jan 2001 — as filed, then multipliedworked
Oil                   55 bbl  × $ 27.47 =     $1,511
Casinghead gas         0 Mcf  × $  8.40 =         $0

────────────────────────────────────────────────────
Month total                                   $1,511

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/23878 is the state's own key, not one this site invented.