TXL

Name: TXL lease production and value, Sep 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PATTERSON PETROLEUM LP (P-5 643435) in the LAKE TRAMMEL, S. (5150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27642District 7BField 51592750OilCasinghead gasSave Export

Value, all time

$2.0 M

Sep 1995 – Sep 2003

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The LAKE TRAMMEL, S. (5150) 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 13 leases and 24 wells, and the rule below applies to all of them.

Discovered

1974-11-17

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	95,727 bbl	$1,790,797
Casinghead gas	Production	124,965 Mcf	$220,119
Total			$2,010,916

42,356 Mcf of this lease's gas, across 16 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 (2)

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 32.3022, -100.4618. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.30218, -100.46176 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

5,578 ft

2 wells filed one

Completion to plug

7.5 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 5,555 and 5,600 ft, median 5,578 ft, over the 2 wells that filed a depth.

Completions filed

Sep 1995 – Jan 1996

2 of 2 wells

Plug dates filed

Mar 2003 – Jun 2003

2 of 2 wells

Last completion to plug: a median of 7.5 years across the 2 wells that filed both dates, with the middle half between 7.4 years and 7.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-35332368	2	5,555 ft	Jan 1996	Jun 2003	Yes
42-35332350	1	5,600 ft	Sep 1995	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 (97)

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

97 months


Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	33	0	29.41	5.17	$971
Jun 2003	0	3	28.56	5.98	$18
May 2003	0	9	26.59	5.97	$54
Apr 2003	81	0	26.67	5.41	$2,160
Mar 2003	0	39	31.14	6.10	$238
Feb 2003	124	30	33.48	7.93	$4,389
Jan 2003	120	1	30.31	5.58	$3,643
Dec 2002	231	3	26.91	4.85	$6,231
Nov 2002	180	32	24.66	4.14	$4,571
Oct 2002	0	42	26.46	4.23	$178
Sep 2002	180	49	27.44	3.64	$5,117
Aug 2002	0	49	25.96	3.16	$155
Jul 2002	181	48	24.58	3.06	$4,596
Jun 2002	0	32	23.73	3.34	$107
May 2002	180	46	24.66	3.58	$4,604
Apr 2002	182	41	23.65	3.51	$4,448
Mar 2002	0	40	22.00	3.10	$124
Feb 2002	109	26	18.22	2.38	$2,048
Jan 2002	157	41	17.17	2.38	$2,793
Dec 2001	239	50	16.93	2.36	$4,164
Nov 2001	0	36	18.07	2.41	$87
Oct 2001	431	380	19.78	2.53	$9,486
Sep 2001	438	514	24.26	2.25	$11,783
Aug 2001	354	505	24.87	3.05	$10,346
Jul 2001	539	669	23.93	3.20	$15,037
Jun 2001	362	849	24.56	3.82	$12,137
May 2001	175	149	25.52	4.31	$5,108
Apr 2001	180	401	24.68	5.34	$6,582
Mar 2001	418	413	24.54	5.38	$12,478
Feb 2001	186	371	27.75	5.77	$7,301
Jan 2001	310	422	27.47	8.40	$12,060
Dec 2000	359	443	26.88	9.12	$13,691
Nov 2000	362	640	32.21	5.66	$15,281
Oct 2000	526	777	31.23	5.15	$20,425
Sep 2000	353	845	31.87	5.19	$15,633
Aug 2000	622	909	29.64	4.54	$22,564
Jul 2000	523	845	28.53	4.09	$18,377
Jun 2000	345	657	29.30	4.40	$12,997
May 2000	354	761	27.26	3.68	$12,450
Apr 2000	536	896	24.51	3.12	$15,929
Mar 2000	540	1,030	28.42	2.86	$18,292
Feb 2000	549	910	27.62	2.73	$17,645
Jan 2000	910	1,090	25.27	2.48	$25,699
Dec 1999	546	1,182	24.28	2.42	$16,122
Nov 1999	593	1,159	23.19	2.43	$16,573
Oct 1999	792	1,259	20.98	2.80	$20,146
Sep 1999	555	1,134	21.75	2.62	$15,041
Aug 1999	558	1,352	19.26	2.88	$14,635
Jul 1999	746	1,414	17.89	2.37	$16,700
Jun 1999	745	1,214	15.94	2.36	$14,743
May 1999	548	1,274	15.79	2.32	$11,610
Apr 1999	737	1,142	15.10	2.21	$13,650
Mar 1999	758	1,290	12.47	1.84	$11,824
Feb 1999	745	1,270	9.98	1.82	$9,744
Jan 1999	749	1,568	10.38	1.90	$10,754
Dec 1998	752	1,347	9.20	1.77	$9,307
Nov 1998	764	1,679	10.89	2.19	$11,990
Oct 1998	761	1,893	12.42	1.97	$13,179
Sep 1998	911	2,086	12.59	2.08	$15,814
Aug 1998	920	2,549	11.30	1.91	$15,258
Jul 1998	1,305	2,957	11.74	2.24	$21,936
Jun 1998	1,494	3,494	11.24	2.24	$24,610
May 1998	2,133	4,973	12.62	2.21	$37,891
Apr 1998	1,067	1,705	13.04	2.51	$18,185
Mar 1998	1,070	2,058	12.80	2.31	$18,449
Feb 1998	897	1,825	13.95	2.30	$16,709
Jan 1998	1,069	1,967	14.70	2.15	$19,953
Dec 1997	1,209	1,948	16.32	2.41	$24,428
Nov 1997	1,071	1,855	18.19	3.09	$25,210
Oct 1997	1,070	2,087	19.25	3.15	$27,171
Sep 1997	1,079	1,980	17.74	2.95	$24,992
Aug 1997	1,249	1,988	17.86	2.55	$27,386
Jul 1997	1,258	2,052	17.58	2.25	$26,726
Jun 1997	1,203	1,930	17.24	2.26	$25,096
May 1997	1,539	2,018	18.97	2.31	$33,853
Apr 1997	1,507	1,961	17.88	2.08	$31,029
Mar 1997	1,394	2,145	18.95	1.94	$30,576
Feb 1997	1,542	1,883	20.49	2.21	$35,749
Jan 1997	1,546	1,878	23.48	3.54	$42,948
Dec 1996	1,548	1,754	23.32	—	$36,099
Nov 1996	1,884	3,478	21.97	—	$41,391
Oct 1996	1,902	3,581	23.31	—	$44,336
Sep 1996	1,911	3,246	22.22	—	$42,462
Aug 1996	2,421	4,014	20.26	—	$49,049
Jul 1996	2,254	4,130	19.55	—	$44,066
Jun 1996	3,213	5,002	18.73	—	$60,179
May 1996	3,962	5,812	19.43	—	$76,982
Apr 1996	3,901	4,641	21.51	—	$83,911
Mar 1996	4,780	4,255	19.38	—	$92,636
Feb 1996	4,535	2,266	16.98	—	$77,004
Jan 1996	4,679	24	17.07	—	$79,871
Dec 1995	3,474	24	17.19	—	$59,718
Nov 1995	3,078	24	16.00	—	$49,248
Oct 1995	2,231	24	15.43	—	$34,424
Sep 1995	1,703	81	16.18	—	$27,555

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.

Jul 2003 — as filed, then multipliedworked

Oil                   33 bbl  × $ 29.41 =       $971
Casinghead gas         0 Mcf  × $  5.17 =         $0

────────────────────────────────────────────────────
Month total                                     $971

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/27642 is the state's own key, not one this site invented.