PETTIT

Operated by STAR PRODUCTION, INC. (P-5 815108) in the PERIPHERY (PALO PINTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28181District 7BField 70597275OilCasinghead gasSaveExport
Value, all time
$1.0 M
Jun 1997 – Jul 2016
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
230
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 3 leases and 5 wells, and the rule below applies to all of them.

Discovered
1995-03-30
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.

StreamBasisVolumeValue
OilDisposition36,085 bbl$1,036,995
Casinghead gasProduction222 Mcf$1,057
Total$1,038,052

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 32.6736, -99.9454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.67359, -99.94535 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,215 ft
2 wells filed one
Completion to plug
20.8 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 4,200 and 4,230 ft, median 4,215 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1997 – Oct 1997
2 of 2 wells
Plug dates filed
Jan 2016 – Oct 2020
2 of 2 wells

Last completion to plug: a median of 20.8 years across the 2 wells that filed both dates, with the middle half between 19.7 years and 21.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2533441324,200 ftOct 1997Oct 2020Yes
42-2533438914,230 ftJun 1997Jan 2016Yes

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 (230)

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

230 months

Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201637033.011.79$1,221
Feb 201676026.472.06$2,012
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150143.552.43$2
Sep 20150142.992.76$3
Aug 20151140.162.87$43
Jul 20150148.152.95$3
Jun 20150156.152.88$3
May 20150155.212.96$3
Apr 2015167149.822.71$8,323
Mar 20151142.892.93$46
Feb 20150144.662.98$3
Jan 20150143.433.10$3
Dec 20140154.693.59$4
Nov 20141170.464.25$75
Oct 20140178.303.90$4
Sep 20140186.164.05$4
Aug 20140189.394.04$4
Jul 20141196.564.18$101
Jun 2014162198.164.74$15,907
May 20140194.734.73$5
Apr 20140195.944.81$5
Mar 20140195.895.06$5
Feb 20140197.406.19$6
Jan 20141190.404.86$95
Dec 20130191.824.35$4
Nov 20130188.853.74$4
Oct 2013161197.423.78$15,688
Sep 201301104.113.72$4
Aug 201301104.253.52$4
Jul 201301102.523.72$4
Jun 20130194.403.93$4
May 2013158194.834.15$14,987
Apr 20130193.964.28$4
Mar 20130193.623.91$4
Feb 20130191.233.42$3
Jan 20130191.603.42$3
Dec 20120186.773.42$3
Nov 20120186.953.62$4
Oct 20120189.383.40$3
Sep 2012161194.672.92$15,245
Aug 20120192.662.91$3
Jul 20120185.133.02$3
Jun 20120179.822.52$3
May 20120191.612.49$2
Apr 201201101.652.00$2
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120198.092.73$3
Dec 2011165196.873.24$15,987
Nov 20110195.723.31$3
Oct 20110184.983.65$4
Sep 20110183.623.99$4
Aug 20110183.404.15$4
Jul 20110194.144.52$5
Jun 20110192.904.64$5
May 20110198.134.40$4
Apr 201101105.964.33$4
Mar 20110196.364.06$4
Feb 2011148185.644.18$12,679
Jan 20110186.504.59$5
Dec 20100185.734.35$4
Nov 2010153180.843.80$12,372
Oct 20100178.103.51$4
Sep 20100172.633.98$4
Aug 20100173.684.42$4
Jul 20100172.554.74$5
Jun 20100170.364.91$5
May 20100171.124.24$4
Apr 2010151181.694.12$12,339
Mar 20100178.394.39$4
Feb 20100173.585.44$5
Jan 20100174.365.96$6
Dec 20090171.445.48$5
Nov 20090174.593.75$4
Oct 2009163172.544.11$11,828
Sep 20090165.543.06$3
Aug 2009164167.423.22$11,060
Jul 20090161.133.46$3
Jun 20090166.163.90$4
May 2009159154.743.93$8,708
Apr 20090146.773.59$4
Mar 2009169142.144.06$7,126
Feb 20090132.814.63$5
Jan 20090135.865.37$5
Dec 2008171137.105.98$6,350
Nov 20080155.496.86$7
Oct 20080175.246.92$7
Sep 20081721101.767.88$17,511
Aug 200801114.228.48$8
Jul 200801131.0811.39$11
Jun 20081761131.3313.03$23,127
May 20081801123.1711.57$22,182
Apr 200801110.3110.45$10
Mar 200801101.909.66$10
Feb 2008173192.538.77$16,016
Jan 20080190.388.21$8
Dec 2007167188.337.30$14,758
Nov 2007167191.677.29$15,316
Oct 20070182.856.92$7
Sep 2007178175.846.24$13,506
Aug 20070169.066.39$6
Jul 2007177170.906.39$12,556
Jun 20070162.007.55$8
May 20070158.747.85$8
Apr 2007176159.617.81$10,499
Mar 20070156.927.30$7
Feb 20070155.108.22$8
Jan 2007184150.306.73$9,262
Dec 20060156.656.92$7
Nov 2006173154.207.62$9,384
Oct 20060154.906.01$6
Sep 2006153160.085.04$9,197
Aug 20060168.717.34$7
Jul 2006177169.376.34$12,285
Jun 20060166.286.38$6
May 2006177166.016.42$11,690
Apr 20060164.397.36$7
Mar 2006175156.707.08$9,930
Feb 20060157.597.75$8
Jan 2006176160.598.93$10,673
Dec 20050154.9413.42$13
Nov 2005164154.6910.59$8,980
Oct 2005179158.3413.80$10,457
Sep 20050161.4512.08$12
Aug 2005163161.519.80$10,036
Jul 2005178155.697.84$9,921
Jun 20050152.337.38$7
May 20050145.226.65$7
Apr 2005358149.207.36$17,621
Mar 20050150.377.15$7
Feb 20050145.226.31$6
Jan 2005170143.166.32$7,344
Dec 2004172139.866.75$6,863
Nov 20040145.286.33$6
Oct 2004256149.706.52$12,730
Sep 20040143.245.28$5
Aug 2004179142.375.55$7,590
Jul 20040138.286.08$6
Jun 2004113136.106.43$4,086
May 2004178137.486.49$6,678
Apr 2004170134.475.86$5,866
Mar 2004168134.365.53$5,778
Feb 20040132.455.51$6
Jan 2004158132.036.30$5,067
Dec 2003171130.266.30$5,181
Nov 2003174128.804.60$5,016
Oct 2003171128.174.76$4,822
Sep 2003169126.314.75$4,451
Aug 20030129.765.13$5
Jul 2003266129.415.17$7,828
Jun 2003173128.565.98$4,947
May 2003172126.595.97$4,579
Apr 2003176126.675.41$4,699
Mar 2003171131.146.10$5,331
Feb 2003175133.487.93$5,867
Jan 20030130.315.58$6
Dec 2002182126.914.85$4,902
Nov 2002157124.664.14$3,876
Oct 2002143126.464.23$3,788
Sep 2002309127.443.64$8,483
Aug 2002181125.963.16$4,702
Jul 20020124.583.06$3
Jun 2002171123.733.34$4,061
May 2002352124.663.58$8,684
Apr 20020123.653.51$4
Mar 2002182122.003.10$4,007
Feb 200292118.222.38$1,679
Jan 2002172117.172.38$2,956
Dec 2001181116.932.36$3,067
Nov 200198118.072.41$1,773
Oct 2001184119.782.53$3,642
Sep 2001179124.262.25$4,345
Aug 2001180124.873.05$4,480
Jul 2001175123.933.20$4,191
Jun 2001175124.563.82$4,302
May 2001178125.524.31$4,547
Apr 2001180124.685.34$4,448
Mar 2001182124.545.38$4,472
Feb 2001178027.755.77$4,940
Jan 2001175027.478.40$4,807
Dec 2000182126.889.12$4,901
Nov 2000330132.215.66$10,635
Oct 2000182131.235.15$5,689
Sep 2000173131.875.19$5,519
Aug 2000179429.644.54$5,324
Jul 2000345128.534.09$9,847
Jun 2000182129.304.40$5,337
May 2000176127.263.68$4,801
Apr 2000180124.513.12$4,415
Mar 2000354128.422.86$10,064
Feb 2000182127.622.73$5,030
Jan 2000349125.272.48$8,822
Dec 1999308124.282.42$7,481
Nov 1999362123.192.43$8,397
Oct 1999180120.982.80$3,779
Sep 1999358121.752.62$7,789
Aug 1999346119.262.88$6,667
Jul 1999352117.892.37$6,300
Jun 1999348115.942.36$5,549
May 1999358115.792.32$5,655
Apr 1999363115.102.21$5,484
Mar 1999359112.471.84$4,479
Feb 199954219.981.82$5,411
Jan 1999358110.381.90$3,718
Dec 199852919.201.77$4,869
Nov 1998533110.892.19$5,807
Oct 1998536112.421.97$6,659
Sep 1998536112.592.08$6,750
Aug 1998717111.301.91$8,104
Jul 1998712111.742.24$8,361
Jun 1998516111.242.24$5,802
May 1998713112.622.21$9,000
Apr 1998833113.042.51$10,865
Mar 19981,079112.802.31$13,814
Feb 1998908113.952.30$12,669
Jan 19981,257114.702.15$18,480
Dec 19971,271116.322.41$20,745
Nov 19971,264118.193.09$22,995
Oct 19971,268119.253.15$24,412
Sep 19971,068117.742.95$18,949
Aug 1997175117.862.55$3,128
Jul 19971,541117.582.25$27,093
Jun 19970117.242.26$2

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.

Mar 2016 — as filed, then multipliedworked
Oil                   37 bbl  × $ 33.01 =     $1,221
Casinghead gas         0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $1,221

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/28181 is the state's own key, not one this site invented.