PEGASUS ELLENBURGER UNIT

Name: PEGASUS ELLENBURGER UNIT lease production and value, Aug 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MOBIL PRODUCING TX. & N.M. INC. (P-5 572550) in the PEGASUS (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150683District 7CField 70279250CondensateGasSave

Value, all time

$7.1 M

Aug 1994 – Oct 2001

Value, last 12 filed months

$955 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

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
Condensate	Disposition	42,690 bbl	$736,849
Gas	Production	4,468,544 Mcf	$6,406,516
Total			$7,143,365

2,112,267 Mcf of this lease's gas, across 25 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.

Every month this lease reported (87)

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

87 months


Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	31	0	24.56	3.82	$761
May 2001	1,225	11,784	25.52	4.31	$82,019
Apr 2001	965	13,598	24.68	5.34	$96,366
Mar 2001	906	15,411	24.54	5.38	$105,090
Feb 2001	692	14,910	27.75	5.77	$105,190
Jan 2001	808	20,424	27.47	8.40	$193,732
Dec 2000	765	23,799	26.88	9.12	$237,670
Nov 2000	491	20,831	32.21	5.66	$133,677
Oct 2000	531	19,480	31.23	5.15	$116,817
Sep 2000	508	21,239	31.87	5.19	$126,346
Aug 2000	561	26,732	29.64	4.54	$138,011
Jul 2000	577	31,369	28.53	4.09	$144,753
Jun 2000	592	34,055	29.30	4.40	$167,094
May 2000	678	24,151	27.26	3.68	$107,352
Apr 2000	768	25,241	24.51	3.12	$97,475
Mar 2000	705	29,458	28.42	2.86	$104,279
Feb 2000	372	27,990	27.62	2.73	$86,589
Jan 2000	159	24,397	25.27	2.48	$64,535
Dec 1999	442	30,565	24.28	2.42	$84,813
Nov 1999	194	33,097	23.19	2.43	$85,057
Oct 1999	493	33,821	20.98	2.80	$105,167
Sep 1999	104	35,373	21.75	2.62	$94,899
Aug 1999	143	34,558	19.26	2.88	$102,129
Jul 1999	615	43,329	17.89	2.37	$113,795
Jun 1999	973	45,140	15.94	2.36	$122,135
May 1999	1,235	47,123	15.79	2.32	$128,874
Apr 1999	1,226	47,009	15.10	2.21	$122,311
Mar 1999	1,232	50,964	12.47	1.84	$109,052
Feb 1999	1,121	45,075	9.98	1.82	$93,124
Jan 1999	1,451	50,908	10.38	1.90	$111,784
Dec 1998	1,172	52,756	9.20	1.77	$104,336
Nov 1998	1,019	51,040	10.89	2.19	$122,656
Oct 1998	1,330	52,550	12.42	1.97	$120,001
Sep 1998	1,513	53,350	12.59	2.08	$130,156
Aug 1998	1,449	53,130	11.30	1.91	$117,711
Jul 1998	1,358	55,952	11.74	2.24	$141,123
Jun 1998	2,000	55,384	11.24	2.24	$146,389
May 1998	2,561	54,867	12.62	2.21	$153,375
Apr 1998	2,594	54,049	13.04	2.51	$169,236
Mar 1998	2,204	52,476	12.80	2.31	$149,401
Feb 1998	819	35,995	13.95	2.30	$94,182
Jan 1998	826	47,369	14.70	2.15	$114,212
Dec 1997	998	54,508	16.32	2.41	$147,712
Nov 1997	454	50,952	18.19	3.09	$165,611
Oct 1997	68	49,227	19.25	3.15	$156,365
Sep 1997	14	58,206	17.74	2.95	$172,240
Aug 1997	67	64,038	17.86	2.55	$164,797
Jul 1997	129	77,273	17.58	2.25	$175,896
Jun 1997	121	77,545	17.24	2.26	$177,121
May 1997	63	90,984	18.97	2.31	$211,232
Apr 1997	62	92,334	17.88	2.08	$193,420
Mar 1997	67	88,855	18.95	1.94	$173,572
Feb 1997	61	74,186	20.49	2.21	$164,897
Jan 1997	85	77,420	23.48	3.54	$276,039
Dec 1996	119	88,501	23.32	—	$2,775
Nov 1996	100	102,055	21.97	—	$2,197
Oct 1996	76	105,015	23.31	—	$1,772
Sep 1996	32	76,052	22.22	—	$711
Aug 1996	43	50,729	20.26	—	$871
Jul 1996	61	84,921	19.55	—	$1,193
Jun 1996	52	75,719	18.73	—	$974
May 1996	50	93,483	19.43	—	$972
Apr 1996	20	68,244	21.51	—	$430
Mar 1996	37	61,310	19.38	—	$717
Feb 1996	50	98,102	16.98	—	$849
Jan 1996	59	91,455	17.07	—	$1,007
Dec 1995	2	6,061	17.19	—	$34
Nov 1995	3	19,418	16.00	—	$48
Oct 1995	45	121,492	15.43	—	$694
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	4	5,266	16.41	—	$66
May 1995	51	52,750	17.56	—	$896
Apr 1995	1	0	17.73	—	$18
Mar 1995	42	137,470	16.44	—	$690
Feb 1995	41	114,545	16.58	—	$680
Jan 1995	47	133,697	15.92	—	$748
Dec 1994	53	136,876	15.03	—	$797
Nov 1994	48	183,752	15.90	—	$763
Oct 1994	50	164,320	15.58	—	$779
Sep 1994	5	36,527	15.29	—	$76
Aug 1994	2	4,507	16.13	—	$32

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 2001 — as filed, then multipliedworked

Condensate            31 bbl  × $ 24.56 =       $761
Gas                    0 Mcf  × $  3.82 =         $0

────────────────────────────────────────────────────
Month total                                     $761

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/150683 is the state's own key, not one this site invented.