POPP

Operated by TRACER OPERATING, INC. (P-5 863965) in the POSIDIAN (ELLEN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29941District 7BField 72511500OilCasinghead gasSaveExport
Value, all time
$524 k
Jun 2007 – Oct 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
125
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 13 leases and 14 wells, and the rule below applies to all of them.

Discovered
1975-01-30
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
OilDisposition783 bbl$75,695
Casinghead gasProduction82,144 Mcf$448,266
Total$523,960

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 32.6932, -98.4308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.69319, -98.43075 · 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
0.0%
0 of 1 wells
Median depth
4,454 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
1100.0%
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.
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 4,454 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-3633564984,454 ftJun 2007Yes

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 (125)

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

125 months

Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201520042.992.76$860
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013035093.623.91$1,370
Feb 2013035091.233.42$1,197
Jan 2013030091.603.42$1,026
Dec 201201,40086.773.42$4,788
Nov 201201,55086.953.62$5,619
Oct 201201,55089.383.40$5,270
Sep 2012093694.672.92$2,732
Aug 201201,81892.662.91$5,287
Jul 201201,59885.133.02$4,827
Jun 2012091979.822.52$2,315
May 2012052991.612.49$1,316
Apr 201201,576101.652.00$3,147
Mar 201201,639105.052.22$3,642
Feb 201201,624101.102.57$4,174
Jan 201201,58298.092.73$4,325
Dec 201101,40996.873.24$4,565
Nov 201101,82995.723.31$6,056
Oct 201101,80084.983.65$6,567
Sep 201102,30083.623.99$9,167
Aug 201102,26183.404.15$9,382
Jul 2011032694.144.52$1,473
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011022086.504.59$1,010
Dec 2010099085.734.35$4,304
Nov 201001,22080.843.80$4,630
Oct 201001,33478.103.51$4,681
Sep 201001,21072.633.98$4,815
Aug 201001,28673.684.42$5,683
Jul 201001,28572.554.74$6,086
Jun 201001,11670.364.91$5,480
May 201001,22071.124.24$5,167
Apr 2010081581.694.12$3,360
Mar 20101787978.394.39$5,190
Feb 201001,91373.585.44$10,411
Jan 2010084674.365.96$5,046
Dec 2009088671.445.48$4,859
Nov 2009075074.593.75$2,814
Oct 2009090672.544.11$3,724
Sep 2009093465.543.06$2,862
Aug 20094986467.423.22$6,084
Jul 2009070961.133.46$2,456
Jun 200901,44366.163.90$5,620
May 200901,25454.743.93$4,923
Apr 200901,28146.773.59$4,596
Mar 200901,35442.144.06$5,496
Feb 200901,13732.814.63$5,268
Jan 2009461,32835.865.37$8,782
Dec 2008371,65037.105.98$11,235
Nov 2008901,60055.496.86$15,971
Oct 2008271,41575.246.92$11,826
Sep 200800101.767.88$0
Aug 200885574114.228.48$14,578
Jul 20081181,178131.0811.39$28,884
Jun 20081211,580131.3313.03$36,482
May 200802,892123.1711.57$33,473
Apr 20081733,332110.3110.45$53,919
Mar 200802,110101.909.66$20,391
Feb 200802,32092.538.77$20,348
Jan 200802,99590.388.21$24,576
Dec 200701,15588.337.30$8,434
Nov 200702,26391.677.29$16,501
Oct 200701,19282.856.92$8,251
Sep 200701,01275.846.24$6,319
Aug 200705069.066.39$319
Jul 20070070.906.39$0
Jun 20070062.007.55$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.

Sep 2015 — as filed, then multipliedworked
Oil                   20 bbl  × $ 42.99 =       $860
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                     $860

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/29941 is the state's own key, not one this site invented.