PACE, ELGIE

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

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

Oil lease lease 26198District 7BField 85295450Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.6 M

Jan 1993 – Jun 2010

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

210

no gaps in the span

Streams

oil, casinghead gas

The SPRAGUE (CISCO) 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 2 leases and 5 wells, and the rule below applies to all of them.

Discovered

1991-05-17

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1992-06-01.

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.

The Commission's schedule remark for this field reads: “TEMP. FLD RULES MADE PERMANENT PER DKT#7B-0203119 EFF. 11/1/93.”

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	92,268 bbl	$1,590,144
Casinghead gas	Production	8,171 Mcf	$7,513
Total			$1,597,657

5,912 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 (3)

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 32.3632, -100.2495. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.36377, -100.24968 · 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

4,330 ft

3 wells filed one

Completion to plug

12.5 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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

Between 4,250 and 6,519 ft, median 4,330 ft, over the 3 wells that filed a depth.

Completions filed

Apr 1991 – Feb 1998

3 of 3 wells

Plug dates filed

Mar 2010

3 of 3 wells

Last completion to plug: a median of 12.5 years across the 3 wells that filed both dates, with the middle half between 12.3 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-35332182	3	4,250 ft	Feb 1998	Mar 2010	Yes
42-35332176	2	4,330 ft	Sep 1997	Mar 2010	Yes
42-35332162	1	6,519 ft	Apr 1991	Mar 2010	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 (210)

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

210 months


Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	16	0	65.54	3.06	$1,049
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	5	61.13	3.46	$17
Jun 2009	0	5	66.16	3.90	$19
May 2009	17	5	54.74	3.93	$950
Apr 2009	0	5	46.77	3.59	$18
Mar 2009	22	5	42.14	4.06	$947
Feb 2009	0	5	32.81	4.63	$23
Jan 2009	18	5	35.86	5.37	$672
Dec 2008	0	5	37.10	5.98	$30
Nov 2008	0	5	55.49	6.86	$34
Oct 2008	0	5	75.24	6.92	$35
Sep 2008	0	5	101.76	7.88	$39
Aug 2008	17	5	114.22	8.48	$1,984
Jul 2008	0	5	131.08	11.39	$57
Jun 2008	19	5	131.33	13.03	$2,560
May 2008	19	5	123.17	11.57	$2,398
Apr 2008	1	5	110.31	10.45	$163
Mar 2008	18	5	101.90	9.66	$1,883
Feb 2008	19	5	92.53	8.77	$1,802
Jan 2008	39	5	90.38	8.21	$3,566
Dec 2007	19	5	88.33	7.30	$1,715
Nov 2007	0	5	91.67	7.29	$36
Oct 2007	19	5	82.85	6.92	$1,609
Sep 2007	17	5	75.84	6.24	$1,321
Aug 2007	9	5	69.06	6.39	$653
Jul 2007	9	5	70.90	6.39	$670
Jun 2007	17	5	62.00	7.55	$1,092
May 2007	9	5	58.74	7.85	$568
Apr 2007	9	5	59.61	7.81	$576
Mar 2007	19	5	56.92	7.30	$1,118
Feb 2007	9	5	55.10	8.22	$537
Jan 2007	10	5	50.30	6.73	$537
Dec 2006	18	5	56.65	6.92	$1,054
Nov 2006	9	5	54.20	7.62	$526
Oct 2006	19	5	54.90	6.01	$1,073
Sep 2006	10	5	60.08	5.04	$626
Aug 2006	18	5	68.71	7.34	$1,273
Jul 2006	9	5	69.37	6.34	$656
Jun 2006	26	5	66.28	6.38	$1,755
May 2006	28	5	66.01	6.42	$1,880
Apr 2006	8	5	64.39	7.36	$552
Mar 2006	10	5	56.70	7.08	$602
Feb 2006	24	5	57.59	7.75	$1,421
Jan 2006	26	5	60.59	8.93	$1,620
Dec 2005	18	5	54.94	13.42	$1,056
Nov 2005	18	5	54.69	10.59	$1,037
Oct 2005	17	5	58.34	13.80	$1,061
Sep 2005	18	5	61.45	12.08	$1,167
Aug 2005	26	5	61.51	9.80	$1,648
Jul 2005	18	5	55.69	7.84	$1,042
Jun 2005	17	5	52.33	7.38	$927
May 2005	26	5	45.22	6.65	$1,209
Apr 2005	27	5	49.20	7.36	$1,365
Mar 2005	28	10	50.37	7.15	$1,482
Feb 2005	27	5	45.22	6.31	$1,253
Jan 2005	26	5	43.16	6.32	$1,154
Dec 2004	28	5	39.86	6.75	$1,150
Nov 2004	27	5	45.28	6.33	$1,254
Oct 2004	38	5	49.70	6.52	$1,921
Sep 2004	36	5	43.24	5.28	$1,583
Aug 2004	18	5	42.37	5.55	$790
Jul 2004	27	5	38.28	6.08	$1,064
Jun 2004	27	5	36.10	6.43	$1,007
May 2004	35	5	37.48	6.49	$1,344
Apr 2004	43	5	34.47	5.86	$1,512
Mar 2004	45	5	34.36	5.53	$1,574
Feb 2004	37	5	32.45	5.51	$1,228
Jan 2004	44	7	32.03	6.30	$1,453
Dec 2003	44	5	30.26	6.30	$1,363
Nov 2003	46	5	28.80	4.60	$1,348
Oct 2003	53	5	28.17	4.76	$1,517
Sep 2003	64	7	26.31	4.75	$1,717
Aug 2003	86	13	29.76	5.13	$2,626
Jul 2003	86	5	29.41	5.17	$2,555
Jun 2003	57	5	28.56	5.98	$1,658
May 2003	41	5	26.59	5.97	$1,120
Apr 2003	52	5	26.67	5.41	$1,414
Mar 2003	89	5	31.14	6.10	$2,802
Feb 2003	40	5	33.48	7.93	$1,379
Jan 2003	40	5	30.31	5.58	$1,240
Dec 2002	36	5	26.91	4.85	$993
Nov 2002	40	5	24.66	4.14	$1,007
Oct 2002	89	5	26.46	4.23	$2,376
Sep 2002	47	5	27.44	3.64	$1,308
Aug 2002	49	5	25.96	3.16	$1,288
Jul 2002	62	5	24.58	3.06	$1,539
Jun 2002	50	5	23.73	3.34	$1,203
May 2002	40	5	24.66	3.58	$1,004
Apr 2002	100	5	23.65	3.51	$2,383
Mar 2002	103	5	22.00	3.10	$2,282
Feb 2002	54	5	18.22	2.38	$996
Jan 2002	153	5	17.17	2.38	$2,639
Dec 2001	100	5	16.93	2.36	$1,705
Nov 2001	51	5	18.07	2.41	$934
Oct 2001	88	5	19.78	2.53	$1,753
Sep 2001	109	5	24.26	2.25	$2,656
Aug 2001	110	5	24.87	3.05	$2,751
Jul 2001	113	5	23.93	3.20	$2,720
Jun 2001	106	5	24.56	3.82	$2,622
May 2001	95	5	25.52	4.31	$2,446
Apr 2001	44	5	24.68	5.34	$1,113
Mar 2001	142	5	24.54	5.38	$3,512
Feb 2001	54	5	27.75	5.77	$1,527
Jan 2001	146	5	27.47	8.40	$4,053
Dec 2000	88	5	26.88	9.12	$2,411
Nov 2000	89	5	32.21	5.66	$2,895
Oct 2000	157	5	31.23	5.15	$4,929
Sep 2000	86	5	31.87	5.19	$2,767
Aug 2000	57	5	29.64	4.54	$1,712
Jul 2000	70	5	28.53	4.09	$2,018
Jun 2000	86	5	29.30	4.40	$2,542
May 2000	83	5	27.26	3.68	$2,281
Apr 2000	81	5	24.51	3.12	$2,001
Mar 2000	111	5	28.42	2.86	$3,169
Feb 2000	84	5	27.62	2.73	$2,334
Jan 2000	141	5	25.27	2.48	$3,575
Dec 1999	172	5	24.28	2.42	$4,188
Nov 1999	179	5	23.19	2.43	$4,163
Oct 1999	172	13	20.98	2.80	$3,645
Sep 1999	188	21	21.75	2.62	$4,144
Aug 1999	247	18	19.26	2.88	$4,809
Jul 1999	227	35	17.89	2.37	$4,144
Jun 1999	208	24	15.94	2.36	$3,372
May 1999	173	17	15.79	2.32	$2,771
Apr 1999	224	19	15.10	2.21	$3,424
Mar 1999	225	19	12.47	1.84	$2,841
Feb 1999	303	33	9.98	1.82	$3,084
Jan 1999	378	32	10.38	1.90	$3,984
Dec 1998	321	33	9.20	1.77	$3,012
Nov 1998	315	38	10.89	2.19	$3,513
Oct 1998	381	47	12.42	1.97	$4,825
Sep 1998	313	55	12.59	2.08	$4,055
Aug 1998	375	53	11.30	1.91	$4,339
Jul 1998	364	74	11.74	2.24	$4,439
Jun 1998	459	67	11.24	2.24	$5,309
May 1998	378	66	12.62	2.21	$4,916
Apr 1998	419	59	13.04	2.51	$5,612
Mar 1998	555	66	12.80	2.31	$7,256
Feb 1998	429	32	13.95	2.30	$6,058
Jan 1998	314	43	14.70	2.15	$4,708
Dec 1997	384	42	16.32	2.41	$6,368
Nov 1997	385	47	18.19	3.09	$7,148
Oct 1997	437	54	19.25	3.15	$8,582
Sep 1997	641	47	17.74	2.95	$11,510
Aug 1997	351	68	17.86	2.55	$6,443
Jul 1997	673	84	17.58	2.25	$12,020
Jun 1997	353	61	17.24	2.26	$6,223
May 1997	686	65	18.97	2.31	$13,163
Apr 1997	335	75	17.88	2.08	$6,146
Mar 1997	465	79	18.95	1.94	$8,965
Feb 1997	502	94	20.49	2.21	$10,493
Jan 1997	522	77	23.48	3.54	$12,529
Dec 1996	498	77	23.32	—	$11,613
Nov 1996	348	91	21.97	—	$7,646
Oct 1996	734	102	23.31	—	$17,110
Sep 1996	545	110	22.22	—	$12,110
Aug 1996	535	101	20.26	—	$10,839
Jul 1996	692	92	19.55	—	$13,529
Jun 1996	536	94	18.73	—	$10,039
May 1996	527	106	19.43	—	$10,240
Apr 1996	687	103	21.51	—	$14,777
Mar 1996	703	108	19.38	—	$13,624
Feb 1996	716	101	16.98	—	$12,158
Jan 1996	728	115	17.07	—	$12,427
Dec 1995	525	90	17.19	—	$9,025
Nov 1995	906	85	16.00	—	$14,496
Oct 1995	712	126	15.43	—	$10,986
Sep 1995	868	86	16.18	—	$14,044
Aug 1995	890	15	15.92	—	$14,169
Jul 1995	906	15	15.24	—	$13,807
Jun 1995	896	15	16.41	—	$14,703
May 1995	904	30	17.56	—	$15,874
Apr 1995	1,090	64	17.73	—	$19,326
Mar 1995	1,051	101	16.44	—	$17,278
Feb 1995	1,087	93	16.58	—	$18,022
Jan 1995	1,175	116	15.92	—	$18,706
Dec 1994	1,261	103	15.03	—	$18,953
Nov 1994	1,443	135	15.90	—	$22,944
Oct 1994	1,261	117	15.58	—	$19,646
Sep 1994	1,437	148	15.29	—	$21,972
Aug 1994	1,630	120	16.13	—	$26,292
Jul 1994	1,783	165	17.56	—	$31,309
Jun 1994	1,634	190	17.09	—	$27,925
May 1994	1,775	174	15.88	—	$28,187
Apr 1994	1,724	183	14.14	—	$24,377
Mar 1994	1,968	181	12.46	—	$24,521
Feb 1994	1,611	167	12.50	—	$20,138
Jan 1994	1,957	128	12.66	—	$24,776
Dec 1993	2,692	117	12.33	—	$33,192
Nov 1993	2,372	134	14.49	—	$34,370
Oct 1993	2,814	226	15.85	—	$44,602
Sep 1993	2,809	243	15.03	—	$42,219
Aug 1993	2,768	239	15.66	—	$43,347
Jul 1993	2,779	230	15.46	—	$42,963
Jun 1993	2,844	239	16.79	—	$47,751
May 1993	3,129	197	17.68	—	$55,321
Apr 1993	3,143	139	18.05	—	$56,731
Mar 1993	3,484	129	18.14	—	$63,200
Feb 1993	3,442	84	17.90	—	$61,612
Jan 1993	4,157	88	16.93	—	$70,378

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.

Sep 2009 — as filed, then multipliedworked

Oil                   16 bbl  × $ 65.54 =     $1,049
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,049

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/26198 is the state's own key, not one this site invented.