PEACOCK

Operated by DRAGOON OIL & GAS CO. (P-5 227871) in the KEN DANDY (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25039District 7BField 48750300OilCasinghead gasSaveExport
Value, all time
$21 k
Jan 1993 – Apr 2007
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
172
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 15 leases and 18 wells, and the rule below applies to all of them.

Discovered
1987-07-01
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The Commission's schedule remark for this field reads: FIELD RULES RESCINDED PER DKT. 7C-93,252EFFECTIVE 9/11/89.

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
OilDisposition1,016 bbl$18,189
Casinghead gasProduction7,434 Mcf$2,599
Total$20,788

6,426 Mcf of this lease's gas, across 47 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 32.3839, -98.6087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38386, -98.60874 · 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
3,560 ft
1 wells filed one
Completion to plug
18.5 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 3,560 ft.

Completions filed
Jun 1988
1 of 1 wells
Plug dates filed
Dec 2006
1 of 1 wells

Last completion to plug: a median of 18.5 years across the 1 well that filed both dates, with the middle half between 18.5 years and 18.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333727613,560 ftJun 1988Dec 2006Yes

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 (172)

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

172 months

Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200627056.656.92$1,530
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 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
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 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
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 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980511.742.24$11
Jun 19980811.242.24$18
May 19980612.622.21$13
Apr 199807713.042.51$193
Mar 199804312.802.31$99
Feb 19980013.952.30$0
Jan 19980314.702.15$6
Dec 19970016.322.41$0
Nov 1997552118.193.09$1,065
Oct 1997010819.253.15$340
Sep 1997011317.742.95$334
Aug 1997619117.862.55$1,322
Jul 19970017.582.25$0
Jun 199706117.242.26$138
May 199709818.972.31$226
Apr 199709417.882.08$196
Mar 1997469518.951.94$1,056
Feb 199708420.492.21$185
Jan 19976810123.483.54$1,954
Dec 1996011223.32$0
Nov 19966211421.97$1,362
Oct 1996013123.31$0
Sep 199609222.22$0
Aug 199607620.26$0
Jul 199609719.55$0
Jun 1996010318.73$0
May 199609619.43$0
Apr 199608221.51$0
Mar 199608719.38$0
Feb 199607916.98$0
Jan 199608117.07$0
Dec 19954410117.19$756
Nov 1995013116.00$0
Oct 19954913615.43$756
Sep 1995010216.18$0
Aug 1995013415.92$0
Jul 19957914015.24$1,204
Jun 1995012416.41$0
May 1995011217.56$0
Apr 1995012017.73$0
Mar 199507716.44$0
Feb 19959311216.58$1,542
Jan 19950015.92$0
Dec 1994016715.03$0
Nov 1994010415.90$0
Oct 1994016715.58$0
Sep 1994015615.29$0
Aug 1994016716.13$0
Jul 1994028017.56$0
Jun 19941715317.09$291
May 19946215315.88$985
Apr 1994014814.14$0
Mar 1994014712.46$0
Feb 199418511512.50$2,313
Jan 1994014812.66$0
Dec 1993014512.33$0
Nov 1993014614.49$0
Oct 1993012915.85$0
Sep 1993016615.03$0
Aug 1993019415.66$0
Jul 1993021715.46$0
Jun 199310321116.79$1,729
May 1993012917.68$0
Apr 1993020118.05$0
Mar 1993017518.14$0
Feb 19936517817.90$1,164
Jan 1993019116.93$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.

Dec 2006 — as filed, then multipliedworked
Oil                   27 bbl  × $ 56.65 =     $1,530
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $1,530

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/25039 is the state's own key, not one this site invented.