STOUT "G"

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

Oil lease lease 12304District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$986 k
Jan 1993 – Feb 2012
Value, last 12 filed months
$14 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
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
OilDisposition15,648 bbl$380,208
Casinghead gasProduction276,833 Mcf$605,555
Total$985,763

115,507 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 31.4674, -101.5788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46738, -101.57879 · 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
8,050 ft
1 wells filed one
Completion to plug
24.0 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 8,050 ft.

Completions filed
Oct 1987
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 24.0 years across the 1 well that filed both dates, with the middle half between 24.0 years and 24.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833382818,050 ftOct 1987Oct 2011Yes

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

Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201105094.144.52$226
Jun 20111295092.904.64$12,216
May 2011011698.134.40$511
Apr 20110116105.964.33$503
Mar 2011014496.364.06$584
Feb 201109185.644.18$380
Jan 2011011786.504.59$537
Dec 2010011485.734.35$496
Nov 20101678280.843.80$13,812
Oct 201007278.103.51$253
Sep 2010011972.633.98$474
Aug 201006773.684.42$296
Jul 201008172.554.74$384
Jun 201008470.364.91$412
May 201001371.124.24$55
Apr 201003581.694.12$144
Mar 201008978.394.39$391
Feb 201004173.585.44$223
Jan 201009974.365.96$590
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 200908965.543.06$273
Aug 200916514967.423.22$11,604
Jul 2009014161.133.46$488
Jun 2009018666.163.90$724
May 2009025254.743.93$989
Apr 2009018646.773.59$667
Mar 2009017942.144.06$727
Feb 2009015532.814.63$718
Jan 2009016935.865.37$908
Dec 2008015837.105.98$944
Nov 2008017855.496.86$1,221
Oct 2008010175.246.92$699
Sep 20080129101.767.88$1,016
Aug 2008177167114.228.48$21,634
Jul 20080182131.0811.39$2,073
Jun 20080169131.3313.03$2,203
May 20080209123.1711.57$2,419
Apr 20080161110.3110.45$1,683
Mar 20080152101.909.66$1,469
Feb 2008016492.538.77$1,438
Jan 2008023990.388.21$1,961
Dec 2007032488.337.30$2,366
Nov 2007043491.677.29$3,165
Oct 200716536582.856.92$16,197
Sep 2007018075.846.24$1,124
Aug 2007022869.066.39$1,456
Jul 2007021670.906.39$1,380
Jun 2007023462.007.55$1,766
May 2007021558.747.85$1,687
Apr 2007014759.617.81$1,147
Mar 2007013956.927.30$1,015
Feb 2007016755.108.22$1,372
Jan 2007018550.306.73$1,244
Dec 2006031456.656.92$2,172
Nov 2006028854.207.62$2,194
Oct 2006037754.906.01$2,267
Sep 200617560060.085.04$13,536
Aug 2006060868.717.34$4,463
Jul 2006030769.376.34$1,947
Jun 2006019166.286.38$1,219
May 2006027366.016.42$1,754
Apr 2006059464.397.36$4,372
Mar 2006060756.707.08$4,299
Feb 200617643257.597.75$13,484
Jan 2006044760.598.93$3,993
Dec 2005062254.9413.42$8,344
Nov 2005055754.6910.59$5,898
Oct 2005064158.3413.80$8,843
Sep 2005063461.4512.08$7,658
Aug 200518168861.519.80$17,874
Jul 2005070555.697.84$5,530
Jun 2005063852.337.38$4,709
May 2005063845.226.65$4,243
Apr 2005060849.207.36$4,475
Mar 2005057850.377.15$4,136
Feb 200518153145.226.31$11,536
Jan 2005060243.166.32$3,806
Dec 2004063339.866.75$4,273
Nov 2004058145.286.33$3,678
Oct 2004063749.706.52$4,150
Sep 200417957743.245.28$10,789
Aug 2004045842.375.55$2,542
Jul 2004058038.286.08$3,529
Jun 2004057836.106.43$3,718
May 2004060237.486.49$3,910
Apr 200418541134.475.86$8,785
Mar 2004033334.365.53$1,842
Feb 2004039432.455.51$2,171
Jan 2004044832.036.30$2,822
Dec 2003048730.266.30$3,069
Nov 2003020328.804.60$933
Oct 2003046528.174.76$2,213
Sep 2003060126.314.75$2,854
Aug 2003061529.765.13$3,155
Jul 200318663129.415.17$8,733
Jun 2003080728.565.98$4,828
May 2003069726.595.97$4,163
Apr 2003078626.675.41$4,250
Mar 20031821,21831.146.10$13,092
Feb 200301,15833.487.93$9,178
Jan 200301,26930.315.58$7,084
Dec 20021921,26726.914.85$11,316
Nov 200201,21624.664.14$5,031
Oct 20021771,29826.464.23$10,173
Sep 200201,23827.443.64$4,500
Aug 200201,27025.963.16$4,018
Jul 20021761,28224.583.06$8,251
Jun 200201,10623.733.34$3,692
May 200201,20324.663.58$4,312
Apr 20022001,20623.653.51$8,966
Mar 200201,26322.003.10$3,919
Feb 200201,13218.222.38$2,689
Jan 20021911,24417.172.38$6,235
Dec 200101,03716.932.36$2,452
Nov 2001077118.072.41$1,855
Oct 200118688319.782.53$5,912
Sep 2001079024.262.25$1,779
Aug 2001083224.873.05$2,540
Jul 2001086823.933.20$2,775
Jun 200118782724.563.82$7,755
May 2001070025.524.31$3,015
Apr 2001087924.685.34$4,690
Mar 200118691124.545.38$9,462
Feb 2001082927.755.77$4,781
Jan 2001092827.478.40$7,794
Dec 200001,07426.889.12$9,798
Nov 200018688532.215.66$10,998
Oct 200001,32831.235.15$6,833
Sep 200001,16731.875.19$6,053
Aug 20001901,53929.644.54$12,620
Jul 200001,65828.534.09$6,781
Jun 200001,33429.304.40$5,866
May 20001881,54627.263.68$10,814
Apr 200001,29724.513.12$4,041
Mar 200001,36628.422.86$3,906
Feb 20001931,15727.622.73$8,485
Jan 200001,34225.272.48$3,329
Dec 199901,83324.282.42$4,443
Nov 19991881,18923.192.43$7,254
Oct 199901,80720.982.80$5,066
Sep 19991911,80721.752.62$8,887
Aug 199901,40919.262.88$4,052
Jul 199901,71317.892.37$4,064
Jun 19991861,68015.942.36$6,933
May 199901,15315.792.32$2,676
Apr 199901,22715.102.21$2,709
Mar 19991902,07012.471.84$6,175
Feb 199902,1099.981.82$3,834
Jan 199902,36410.381.90$4,491
Dec 19981932,3659.201.77$5,970
Nov 199802,32010.892.19$5,071
Oct 19981832,15012.421.97$6,507
Sep 199801,69312.592.08$3,526
Aug 199802,37111.301.91$4,522
Jul 19981882,43411.742.24$7,653
Jun 199801,90511.242.24$4,262
May 19981922,57712.622.21$8,109
Apr 199802,53513.042.51$6,351
Mar 19981872,52212.802.31$8,218
Feb 199802,08213.952.30$4,787
Jan 199802,57514.702.15$5,549
Dec 19971852,01516.322.41$7,878
Nov 199701,91418.193.09$5,911
Oct 19971932,85519.253.15$12,708
Sep 199703,01817.742.95$8,918
Aug 19971833,25017.862.55$11,571
Jul 199703,28417.582.25$7,379
Jun 1997563,81117.242.26$9,568
May 19971723,61618.972.31$11,610
Apr 19971883,45817.882.08$10,564
Mar 199713,65818.951.94$7,112
Feb 19971892,96720.492.21$10,418
Jan 199703,33923.483.54$11,819
Dec 19961884,00023.32$4,384
Nov 199603,95521.97$0
Oct 19961884,12523.31$4,382
Sep 19961893,95322.22$4,200
Aug 199604,21220.26$0
Jul 19961894,27819.55$3,695
Jun 19961914,13218.73$3,577
May 199603,89419.43$0
Apr 19963813,46921.51$8,195
Mar 19961963,38419.38$3,798
Feb 19961923,04116.98$3,260
Jan 19961912,40217.07$3,260
Dec 19951892,39917.19$3,249
Nov 199502,35016.00$0
Oct 19951902,31915.43$2,932
Sep 19951782,38516.18$2,880
Aug 19951912,86015.92$3,041
Jul 19951882,61215.24$2,865
Jun 19951903,15416.41$3,118
May 19953783,23317.56$6,638
Apr 19953771,95317.73$6,684
Mar 19951911,26916.44$3,140
Feb 19951911,26216.58$3,167
Jan 199501,37115.92$0
Dec 19941791,39215.03$2,690
Nov 19941911,29115.90$3,037
Oct 19941881,47315.58$2,929
Sep 19941851,34215.29$2,829
Aug 19941801,60916.13$2,903
Jul 19941781,48317.56$3,126
Jun 199401,46717.09$0
May 19941831,39315.88$2,906
Apr 19941921,57914.14$2,715
Mar 19941891,71912.46$2,355
Feb 19941961,52012.50$2,450
Jan 19941971,67612.66$2,494
Dec 199301,62512.33$0
Nov 19931831,69114.49$2,652
Oct 19931861,92915.85$2,948
Sep 19931792,00915.03$2,690
Aug 19931852,30215.66$2,897
Jul 19931862,24215.46$2,876
Jun 19931822,02016.79$3,056
May 19931952,20517.68$3,448
Apr 19931892,11818.05$3,411
Mar 19931922,42018.14$3,483
Feb 19931972,74917.90$3,526
Jan 19931832,24116.93$3,098

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.

Jul 2011 — as filed, then multipliedworked
Oil                    0 bbl  × $ 94.14 =         $0
Casinghead gas        50 Mcf  × $  4.52 =       $226

────────────────────────────────────────────────────
Month total                                     $226

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/O/12304 is the state's own key, not one this site invented.