PROBANDT 70

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the PROBANDT (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140097District 7CField 732435002 tax incentive programmesCondensateGasSaveExport
Value, all time
$450 k
Jan 1993 – Oct 2013
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
250
no gaps in the span
Streams
2
condensate, 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 126 leases and 180 wells, and the rule below applies to all of them.

Discovered
1975-02-12
as the register files it
Field class
Oil and gas
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 1983-09-26.

The Commission's schedule remark for this field reads: FIELD RULES EFF. 9/26/83 PER DKT 7C-79,619 NET GOR 750

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112002-03-14146515
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition1,166 bbl$37,944
GasProduction134,391 Mcf$412,189
Total$450,133

40,963 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 (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 31.5150, -101.0216. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51498, -101.02162 · 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
100.0%
1 of 1 wells
Median depth
7,200 ft
1 wells filed one
Completion to plug
21.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 7,200 ft.

Completions filed
Dec 1991
1 of 1 wells
Plug dates filed
May 2013
1 of 1 wells

Last completion to plug: a median of 21.4 years across the 1 well that filed both dates, with the middle half between 21.4 years and 21.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353176337,200 ftDec 1991May 2013Yes

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 (250)

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

250 months

Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013106094.403.93$10,006
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201201,02486.953.62$3,712
Oct 2012063689.383.40$2,162
Sep 201209694.672.92$280
Aug 2012046992.662.91$1,364
Jul 2012048085.133.02$1,450
Jun 2012047179.822.52$1,186
May 2012048591.612.49$1,207
Apr 20120389101.652.00$777
Mar 20120350105.052.22$778
Feb 20120303101.102.57$779
Jan 2012027498.092.73$749
Dec 2011027996.873.24$904
Nov 2011036995.723.31$1,222
Oct 2011142284.983.65$1,625
Sep 2011039283.623.99$1,562
Aug 2011036883.404.15$1,527
Jul 2011033294.144.52$1,500
Jun 2011029692.904.64$1,373
May 2011023198.134.40$1,018
Apr 20110154105.964.33$667
Mar 2011020096.364.06$811
Feb 2011018685.644.18$777
Jan 2011014786.504.59$675
Dec 2010010585.734.35$457
Nov 2010016880.843.80$638
Oct 2010015478.103.51$540
Sep 2010023772.633.98$943
Aug 2010024573.684.42$1,083
Jul 2010025672.554.74$1,213
Jun 2010026370.364.91$1,291
May 2010032071.124.24$1,355
Apr 2010031481.694.12$1,295
Mar 2010032678.394.39$1,431
Feb 2010027573.585.44$1,497
Jan 2010030874.365.96$1,837
Dec 2009030571.445.48$1,673
Nov 2009129574.593.75$1,181
Oct 2009030272.544.11$1,241
Sep 2009031265.543.06$956
Aug 2009037267.423.22$1,197
Jul 2009024761.133.46$856
Jun 2009042166.163.90$1,640
May 2009046154.743.93$1,810
Apr 2009044046.773.59$1,579
Mar 200917632942.144.06$8,752
Feb 2009037732.814.63$1,747
Jan 2009042235.865.37$2,267
Dec 2008042837.105.98$2,558
Nov 2008041755.496.86$2,861
Oct 2008240175.246.92$2,926
Sep 20080390101.767.88$3,072
Aug 20080394114.228.48$3,342
Jul 20080389131.0811.39$4,430
Jun 20080392131.3313.03$5,109
May 20080403123.1711.57$4,664
Apr 20080386110.3110.45$4,036
Mar 20080405101.909.66$3,914
Feb 2008036892.538.77$3,228
Jan 2008040590.388.21$3,323
Dec 2007040688.337.30$2,965
Nov 2007039491.677.29$2,873
Oct 2007037282.856.92$2,575
Sep 2007044075.846.24$2,747
Aug 2007048269.066.39$3,079
Jul 2007057270.906.39$3,654
Jun 2007048162.007.55$3,631
May 2007039458.747.85$3,091
Apr 2007039159.617.81$3,052
Mar 2007027656.927.30$2,015
Feb 20070055.108.22$0
Jan 2007011650.306.73$780
Dec 2006021856.656.92$1,508
Nov 2006024654.207.62$1,874
Oct 2006024454.906.01$1,467
Sep 2006026260.085.04$1,320
Aug 2006025868.717.34$1,894
Jul 2006028369.376.34$1,795
Jun 2006026466.286.38$1,685
May 2006030366.016.42$1,947
Apr 2006029464.397.36$2,164
Mar 2006026756.707.08$1,891
Feb 2006028657.597.75$2,217
Jan 2006032360.598.93$2,885
Dec 2005032154.9413.42$4,306
Nov 2005030554.6910.59$3,229
Oct 2005035658.3413.80$4,911
Sep 2005027761.4512.08$3,346
Aug 2005032061.519.80$3,135
Jul 2005039455.697.84$3,090
Jun 2005035152.337.38$2,591
May 2005043945.226.65$2,920
Apr 2005053649.207.36$3,945
Mar 2005052650.377.15$3,763
Feb 2005047345.226.31$2,986
Jan 2005046943.166.32$2,965
Dec 2004040839.866.75$2,754
Nov 2004023245.286.33$1,469
Oct 2004044249.706.52$2,880
Sep 2004042943.245.28$2,267
Aug 2004045742.375.55$2,537
Jul 2004053038.286.08$3,225
Jun 2004059036.106.43$3,795
May 2004066937.486.49$4,345
Apr 2004056734.475.86$3,322
Mar 200417557334.365.53$9,182
Feb 2004019232.455.51$1,058
Jan 2004018832.036.30$1,184
Dec 2003034830.266.30$2,193
Nov 2003139428.804.60$1,839
Oct 2003049728.174.76$2,366
Sep 2003054326.314.75$2,579
Aug 2003045629.765.13$2,339
Jul 2003056429.415.17$2,916
Jun 2003053228.565.98$3,183
May 2003057326.595.97$3,422
Apr 2003056626.675.41$3,061
Mar 2003058131.146.10$3,542
Feb 2003053033.487.93$4,201
Jan 2003059130.315.58$3,299
Dec 2002039626.914.85$1,922
Nov 2002055524.664.14$2,296
Oct 2002060126.464.23$2,542
Sep 2002054527.443.64$1,981
Aug 2002061325.963.16$1,940
Jul 2002060824.583.06$1,862
Jun 2002040223.733.34$1,342
May 2002042524.663.58$1,523
Apr 2002042123.653.51$1,479
Mar 2002047222.003.10$1,464
Feb 2002043218.222.38$1,026
Jan 2002033517.172.38$796
Dec 2001042516.932.36$1,005
Nov 2001053218.072.41$1,280
Oct 2001055119.782.53$1,393
Sep 2001042424.262.25$955
Aug 2001061324.873.05$1,872
Jul 2001067323.933.20$2,152
Jun 2001063024.563.82$2,409
May 2001059325.524.31$2,554
Apr 2001063324.685.34$3,377
Mar 2001063724.545.38$3,425
Feb 2001061227.755.77$3,529
Jan 2001054427.478.40$4,569
Dec 2000060126.889.12$5,483
Nov 2000046232.215.66$2,614
Oct 200018063131.235.15$8,868
Sep 2000065131.875.19$3,376
Aug 2000061129.644.54$2,774
Jul 2000065528.534.09$2,679
Jun 2000065429.304.40$2,876
May 2000062527.263.68$2,300
Apr 2000062324.513.12$1,941
Mar 2000065928.422.86$1,885
Feb 2000065327.622.73$1,780
Jan 2000073125.272.48$1,813
Dec 1999043424.282.42$1,052
Nov 1999059323.192.43$1,443
Oct 1999063920.982.80$1,792
Sep 1999058321.752.62$1,527
Aug 1999065619.262.88$1,886
Jul 1999070017.892.37$1,661
Jun 1999066915.942.36$1,580
May 1999069315.792.32$1,608
Apr 1999065415.102.21$1,444
Mar 1999067712.471.84$1,245
Feb 199906199.981.82$1,125
Jan 1999072310.381.90$1,374
Dec 199807329.201.77$1,298
Nov 1998070610.892.19$1,543
Oct 199801,07112.421.97$2,109
Sep 199801,95312.592.08$4,067
Aug 199801,68811.301.91$3,220
Jul 1998091311.742.24$2,043
Jun 1998084511.242.24$1,890
May 1998083712.622.21$1,847
Apr 1998065913.042.51$1,651
Mar 1998074512.802.31$1,721
Feb 1998067913.952.30$1,561
Jan 199818076514.702.15$4,294
Dec 1997089116.322.41$2,148
Nov 1997077218.193.09$2,384
Oct 1997079119.253.15$2,492
Sep 1997069317.742.95$2,048
Aug 1997086217.862.55$2,202
Jul 1997083317.582.25$1,872
Jun 1997075217.242.26$1,697
May 1997080218.972.31$1,851
Apr 1997086217.882.08$1,795
Mar 1997084818.951.94$1,644
Feb 1997092720.492.21$2,045
Jan 1997075823.483.54$2,683
Dec 1996093523.32$0
Nov 1996091921.97$0
Oct 1996079623.31$0
Sep 1996055022.22$0
Aug 1996086720.26$0
Jul 1996077619.55$0
Jun 1996058718.73$0
May 199601,15219.43$0
Apr 1996086521.51$0
Mar 1996071419.38$0
Feb 1996069816.98$0
Jan 1996081717.07$0
Dec 199516382517.19$2,802
Nov 1995088716.00$0
Oct 1995080215.43$0
Sep 1995083316.18$0
Aug 1995070415.92$0
Jul 1995060415.24$0
Jun 1995075216.41$0
May 19951490117.56$246
Apr 1995069517.73$0
Mar 1995077416.44$0
Feb 1995081316.58$0
Jan 1995096915.92$0
Dec 1994075215.03$0
Nov 1994081915.90$0
Oct 1994095815.58$0
Sep 1994079915.29$0
Aug 1994081316.13$0
Jul 1994082317.56$0
Jun 199416794017.09$2,854
May 1994077615.88$0
Apr 1994090514.14$0
Mar 199401,06712.46$0
Feb 1994071212.50$0
Jan 199401,00912.66$0
Dec 1993087612.33$0
Nov 1993075514.49$0
Oct 1993095115.85$0
Sep 1993097215.03$0
Aug 1993095015.66$0
Jul 199301,02115.46$0
Jun 199301,02416.79$0
May 199301,04517.68$0
Apr 1993099618.05$0
Mar 1993087018.14$0
Feb 1993077817.90$0
Jan 199301,11716.93$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.

Jun 2013 — as filed, then multipliedworked
Condensate           106 bbl  × $ 94.40 =    $10,006
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                  $10,006

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. 7C/G/140097 is the state's own key, not one this site invented.