PENNINGTON

Operated by S.B. STREET OPERATING, INC. (P-5 740251) in the THROCKMORTON COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25224District 7BField 89812001OilCasinghead gasSaveExport
Value, all time
$239 k
Jan 1993 – Mar 2006
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
159
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 1,000 leases and 3,227 wells, and the rule below applies to all of them.

Discovered
1924-12-31
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

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 81 = 6000 TO 8000'

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
OilDisposition11,616 bbl$238,973
Casinghead gasProduction58 Mcf$35
Total$239,009

44 Mcf of this lease's gas, across 44 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 33.0378, -98.9725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03778, -98.97249 · 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
4,463 ft
1 wells filed one
Completion to plug
16.3 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 4,463 ft.

Completions filed
Dec 1988
1 of 1 wells
Plug dates filed
Mar 2005
1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473489414,463 ftDec 1988Mar 2005Yes

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 (159)

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

159 months

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 200523052.337.38$1,204
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 20039030.266.30$272
Nov 20031028.804.60$29
Oct 2003160028.174.76$4,507
Sep 20034026.314.75$105
Aug 2003170029.765.13$5,059
Jul 200314029.415.17$412
Jun 2003175028.565.98$4,998
May 20036026.595.97$160
Apr 2003172026.675.41$4,587
Mar 20034031.146.10$125
Feb 20032033.487.93$67
Jan 20032030.315.58$61
Dec 2002175026.914.85$4,709
Nov 200210024.664.14$247
Oct 2002160026.464.23$4,234
Sep 20029027.443.64$247
Aug 2002184025.963.16$4,777
Jul 20026024.583.06$147
Jun 2002188023.733.34$4,461
May 20029024.663.58$222
Apr 2002180023.653.51$4,257
Mar 200210022.003.10$220
Feb 2002198018.222.38$3,608
Jan 200214017.172.38$240
Dec 20010016.932.36$0
Nov 2001136018.072.41$2,458
Oct 20016019.782.53$119
Sep 2001168024.262.25$4,076
Aug 2001163024.873.05$4,054
Jul 20013023.933.20$72
Jun 2001178024.563.82$4,372
May 2001167025.524.31$4,262
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001175027.755.77$4,856
Jan 20014027.478.40$110
Dec 2000159026.889.12$4,274
Nov 2000159032.215.66$5,121
Oct 20000031.235.15$0
Sep 2000182031.875.19$5,800
Aug 20003029.644.54$89
Jul 2000272028.534.09$7,760
Jun 20006029.304.40$176
May 2000173027.263.68$4,716
Apr 20002024.513.12$49
Mar 2000159028.422.86$4,519
Feb 2000161027.622.73$4,447
Jan 2000182025.272.48$4,599
Dec 19996024.282.42$146
Nov 1999136023.192.43$3,154
Oct 19992020.982.80$42
Sep 1999157021.752.62$3,415
Aug 1999157019.262.88$3,024
Jul 1999181017.892.37$3,238
Jun 19992015.942.36$32
May 1999174015.792.32$2,747
Apr 1999158015.102.21$2,386
Mar 19993012.471.84$37
Feb 199917409.981.82$1,737
Jan 19991010.381.90$10
Dec 1998109.201.77$9
Nov 1998138010.892.19$1,503
Oct 19981012.421.97$12
Sep 1998157012.592.08$1,977
Aug 1998115011.301.91$1,300
Jul 1998172011.742.24$2,019
Jun 1998161011.242.24$1,810
May 19980012.622.21$0
Apr 199878013.042.51$1,017
Mar 19980012.802.31$0
Feb 19980113.952.30$2
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 199797119.253.15$1,870
Sep 1997126117.742.95$2,238
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 19970117.242.26$2
May 19970118.972.31$2
Apr 1997120117.882.08$2,148
Mar 1997105118.951.94$1,992
Feb 19970120.492.21$2
Jan 199781123.483.54$1,905
Dec 19960123.32$0
Nov 1996157121.97$3,449
Oct 1996180123.31$4,196
Sep 1996181122.22$4,022
Aug 1996179120.26$3,627
Jul 1996176119.55$3,441
Jun 1996176118.73$3,296
May 1996327119.43$6,354
Apr 1996182121.51$3,915
Mar 1996181119.38$3,508
Feb 1996165116.98$2,802
Jan 1996325117.07$5,548
Dec 1995146117.19$2,510
Nov 1995320116.00$5,120
Oct 1995335115.43$5,169
Sep 1995153116.18$2,476
Aug 1995337115.92$5,365
Jul 1995176115.24$2,682
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 1995185116.44$3,041
Feb 19950116.58$0
Jan 19950015.92$0
Dec 19940115.03$0
Nov 1994180115.90$2,862
Oct 19940115.58$0
Sep 19940015.29$0
Aug 1994180116.13$2,903
Jul 19940117.56$0
Jun 19940117.09$0
May 1994164115.88$2,604
Apr 19940114.14$0
Mar 19940112.46$0
Feb 1994145112.50$1,813
Jan 199462112.66$785
Dec 19930112.33$0
Nov 19930014.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930015.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 1993158118.05$2,852
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$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.

Jun 2005 — as filed, then multipliedworked
Oil                   23 bbl  × $ 52.33 =     $1,204
Casinghead gas         0 Mcf  × $  7.38 =         $0

────────────────────────────────────────────────────
Month total                                   $1,204

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/25224 is the state's own key, not one this site invented.