PUGH JV5

Operated by CORETERRA OPERATING, LLC (P-5 178422) in the MOON, SE. (MARBLE FALLS 3940) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29771District 7BField 62696500OilCasinghead gasSaveExport
Value, all time
$354 k
Aug 2006 – Dec 2010
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
53
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 24 leases and 31 wells, and the rule below applies to all of them.

Discovered
1965-03-30
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

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
OilDisposition3,608 bbl$259,161
Casinghead gasProduction15,026 Mcf$94,631
Total$353,792

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 32.7705, -98.7928. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.77051, -98.79281 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,600 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 4,600 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-42936224104,600 ftJul 2006

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 (53)

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

53 months

Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010329072.633.98$23,895
Aug 2010014373.684.42$632
Jul 2010042672.554.74$2,018
Jun 2010049170.364.91$2,411
May 201017344171.124.24$14,171
Apr 2010044981.694.12$1,851
Mar 2010053878.394.39$2,361
Feb 2010012673.585.44$686
Jan 2010046874.365.96$2,791
Dec 2009048471.445.48$2,654
Nov 2009048774.593.75$1,827
Oct 200917448772.544.11$14,624
Sep 2009049065.543.06$1,502
Aug 2009031367.423.22$1,007
Jul 20093532061.133.46$3,248
Jun 2009032066.163.90$1,246
May 2009053854.743.93$2,112
Apr 2009052646.773.59$1,887
Mar 200917753942.144.06$9,647
Feb 2009048532.814.63$2,247
Jan 2009053235.865.37$2,857
Dec 2008053437.105.98$3,192
Nov 200816851755.496.86$12,869
Oct 2008054075.246.92$3,738
Sep 20080507101.767.88$3,994
Aug 2008178555114.228.48$25,039
Jul 20080532131.0811.39$6,059
Jun 20080487131.3313.03$6,347
May 2008169510123.1711.57$26,719
Apr 20080462110.3110.45$4,830
Mar 2008176434101.909.66$22,129
Feb 2008046792.538.77$4,096
Jan 200817339590.388.21$18,877
Dec 200718248388.337.30$19,603
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007105070.906.39$7,445
Jun 2007175062.007.55$10,850
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007180056.927.30$10,246
Feb 20070055.108.22$0
Jan 2007172050.306.73$8,652
Dec 2006351056.656.92$19,884
Nov 2006175054.207.62$9,485
Oct 20060054.906.01$0
Sep 2006161060.085.04$9,673
Aug 2006355068.717.34$24,392

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 2010 — as filed, then multipliedworked
Oil                  329 bbl  × $ 72.63 =    $23,895
Casinghead gas         0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                  $23,895

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/29771 is the state's own key, not one this site invented.