PEGASUS "39"

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) 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 13345District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$3.0 M
Jan 1993 – May 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
293
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.

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
OilDisposition120,592 bbl$2,556,188
Casinghead gasProduction194,467 Mcf$449,312
Total$3,005,501

88,066 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 (4)

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 31.6427, -102.0883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.64288, -102.08840 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
8,800 ft
4 wells filed one
Completion to plug
16.9 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 8,750 and 8,800 ft, median 8,800 ft, over the 4 wells that filed a depth.

Completions filed
Oct 1992 – Jun 1993
4 of 4 wells
Plug dates filed
Apr 2003 – Dec 2016
4 of 4 wells

Last completion to plug: a median of 16.9 years across the 4 wells that filed both dates, with the middle half between 10.2 years and 23.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4613330418,750 ftJun 1993Sep 2003Yes
42-4613337548,800 ftMay 1993Dec 2016Yes
42-4613337438,800 ftApr 1993Apr 2003Yes
42-4613330028,800 ftOct 1992Dec 2016Yes

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 (293)

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

293 months

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 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20153055.212.96$166
Apr 20155049.822.71$249
Mar 20155042.892.93$214
Feb 20155044.662.98$223
Jan 20155043.433.10$217
Dec 20145054.693.59$273
Nov 20145070.464.25$352
Oct 20145078.303.90$392
Sep 20145086.164.05$431
Aug 20145089.394.04$447
Jul 20145096.564.18$483
Jun 20145098.164.74$491
May 20145094.734.73$474
Apr 20145095.944.81$480
Mar 20145095.895.06$479
Feb 20145097.406.19$487
Jan 20145090.404.86$452
Dec 20135091.824.35$459
Nov 20135088.853.74$444
Oct 20135097.423.78$487
Sep 201350104.113.72$521
Aug 201350104.253.52$521
Jul 201350102.523.72$513
Jun 20135094.403.93$472
May 20135094.834.15$474
Apr 20135093.964.28$470
Mar 20135093.623.91$468
Feb 20135091.233.42$456
Jan 20135091.603.42$458
Dec 20125086.773.42$434
Nov 20125086.953.62$435
Oct 20125089.383.40$447
Sep 20125094.672.92$473
Aug 20125092.662.91$463
Jul 20125085.133.02$426
Jun 20125079.822.52$399
May 20125091.612.49$458
Apr 201250101.652.00$508
Mar 201250105.052.22$525
Feb 201250101.102.57$506
Jan 20125098.092.73$490
Dec 20115096.873.24$484
Nov 20115095.723.31$479
Oct 20115084.983.65$425
Sep 20115083.623.99$418
Aug 20115083.404.15$417
Jul 20115094.144.52$471
Jun 20115092.904.64$465
May 20115098.134.40$491
Apr 201150105.964.33$530
Mar 20115096.364.06$482
Feb 20115085.644.18$428
Jan 20115086.504.59$433
Dec 20105085.734.35$429
Nov 20105080.843.80$404
Oct 20105078.103.51$391
Sep 20103072.633.98$218
Aug 20102173.684.42$152
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201001771.124.24$72
Apr 20100581.694.12$21
Mar 20102178.394.39$161
Feb 20103073.585.44$221
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200902074.593.75$75
Oct 200913072.544.11$196
Sep 200941565.543.06$308
Aug 20091067.423.22$67
Jul 200916161.133.46$982
Jun 200911066.163.90$728
May 200903054.743.93$118
Apr 20091757546.773.59$8,454
Mar 2009110842.144.06$481
Feb 2009010032.814.63$463
Jan 200918218735.865.37$7,531
Dec 200818015437.105.98$7,598
Nov 2008010955.496.86$748
Oct 2008177075.246.92$13,317
Sep 200800101.767.88$0
Aug 20080110114.228.48$933
Jul 20080126131.0811.39$1,435
Jun 20080130131.3313.03$1,694
May 2008171136123.1711.57$22,636
Apr 20080171110.3110.45$1,788
Mar 20080178101.909.66$1,720
Feb 200816013292.538.77$15,963
Jan 2008012090.388.21$985
Dec 2007113988.337.30$1,103
Nov 200716819391.677.29$16,808
Oct 200717324682.856.92$16,036
Sep 2007019175.846.24$1,193
Aug 200717719469.066.39$13,463
Jul 2007024670.906.39$1,571
Jun 200717712262.007.55$11,895
May 200717741958.747.85$13,685
Apr 200717953059.617.81$14,807
Mar 200717459056.927.30$14,212
Feb 200717849455.108.22$13,867
Jan 200717550650.306.73$12,206
Dec 200618252556.656.92$13,942
Nov 200617253754.207.62$13,413
Oct 200617352654.906.01$12,661
Sep 200616955460.085.04$12,944
Aug 200616849768.717.34$15,191
Jul 200617157169.376.34$15,484
Jun 200617153266.286.38$14,730
May 200617754866.016.42$15,205
Apr 200617048164.397.36$14,487
Mar 200618051456.707.08$13,847
Feb 200617749557.597.75$14,030
Jan 200617866360.598.93$16,708
Dec 200532766854.9413.42$26,927
Nov 200517664054.6910.59$16,402
Oct 200518173658.3413.80$20,713
Sep 200517669761.4512.08$19,234
Aug 200517671061.519.80$17,782
Jul 200535276755.697.84$25,619
Jun 200517961452.337.38$13,899
May 200517549945.226.65$11,232
Apr 2005047449.207.36$3,489
Mar 200515642050.377.15$10,863
Feb 200517451745.226.31$11,132
Jan 200554056243.166.32$26,859
Dec 200418156439.866.75$11,022
Nov 2004647645.286.33$3,285
Oct 200418214949.706.52$10,016
Sep 200418445643.245.28$10,366
Aug 200418348142.375.55$10,424
Jul 200436342738.286.08$16,494
Jun 2004043736.106.43$2,811
May 200436443737.486.49$16,481
Apr 200418544434.475.86$8,978
Mar 200436149734.365.53$15,152
Feb 2004150632.455.51$2,820
Jan 200435756132.036.30$14,969
Dec 200318056930.266.30$9,032
Nov 200318254928.804.60$7,764
Oct 200318457828.174.76$7,934
Sep 200318045326.314.75$6,887
Aug 200336437529.765.13$12,756
Jul 200318544629.415.17$7,747
Jun 200318343928.565.98$7,853
May 200318345326.595.97$7,572
Apr 200318452326.675.41$7,735
Mar 200336560931.146.10$15,079
Feb 200318356333.487.93$10,589
Jan 200337358630.315.58$14,577
Dec 200237861626.914.85$13,162
Nov 200219250824.664.14$6,836
Oct 200236854026.464.23$12,021
Sep 200218064027.443.64$7,266
Aug 200236769525.963.16$11,726
Jul 200255068324.583.06$15,610
Jun 200238170123.733.34$11,381
May 200213746924.663.58$5,059
Apr 200235069523.653.51$10,719
Mar 20027071,00622.003.10$18,675
Feb 200238170218.222.38$8,610
Jan 200254876917.172.38$11,236
Dec 200156583016.932.36$11,528
Nov 200155588618.072.41$12,160
Oct 200136784919.782.53$9,406
Sep 200138183524.262.25$11,123
Aug 20015381,00824.873.05$16,458
Jul 200171166823.933.20$19,150
Jun 200154259824.563.82$15,598
May 200118870025.524.31$7,813
Apr 200154049824.685.34$15,984
Mar 200153389824.545.38$17,908
Feb 200135979627.755.77$14,553
Jan 200150585827.478.40$21,078
Dec 200051795026.889.12$22,563
Nov 200053987932.215.66$22,335
Oct 200068299731.235.15$26,429
Sep 20001,0081,02031.875.19$37,415
Aug 200034097329.644.54$14,496
Jul 20001,0111,01628.534.09$32,999
Jun 200017478029.304.40$8,528
May 200034275527.263.68$12,101
Apr 200068681124.513.12$19,341
Mar 20001781,03928.422.86$8,030
Feb 20008581,09027.622.73$26,670
Jan 20005321,11925.272.48$16,219
Dec 19999381,11424.282.42$25,475
Nov 19995731,06523.192.43$15,880
Oct 19997121,16720.982.80$18,210
Sep 19997231,24421.752.62$18,983
Aug 19991,0471,36319.262.88$24,085
Jul 19993581,35417.892.37$9,617
Jun 19991,2261,42215.942.36$22,901
May 19995391,42015.792.32$11,807
Apr 19998771,34115.102.21$16,204
Mar 19997121,30212.471.84$11,272
Feb 19991,0871,1649.981.82$12,964
Jan 19991,0611,23910.381.90$13,367
Dec 19987331,1619.201.77$8,802
Nov 19981,0921,20710.892.19$14,530
Oct 19987271,24512.421.97$11,481
Sep 19987121,29212.592.08$11,655
Aug 19987121,21211.301.91$10,357
Jul 19981,0651,27611.742.24$15,358
Jun 19987051,23411.242.24$10,685
May 19987101,61212.622.21$12,517
Apr 19987241,01213.042.51$11,976
Mar 19987201,16412.802.31$11,904
Feb 19987141,38113.952.30$13,135
Jan 19981,0861,89714.702.15$20,052
Dec 19971,0871,25916.322.41$20,775
Nov 19977301,33018.193.09$17,386
Oct 19977111,44119.253.15$18,226
Sep 19978821,32717.742.95$19,568
Aug 19977101,33417.862.55$16,089
Jul 19977241,26817.582.25$15,577
Jun 19971,0431,28817.242.26$20,889
May 19977091,28818.972.31$16,423
Apr 19978861,02017.882.08$17,966
Mar 19971,0671,21818.951.94$22,582
Feb 19971,1021,16820.492.21$25,156
Jan 19971,0891,54423.483.54$31,035
Dec 19961,0741,29523.32$25,046
Nov 19967201,10221.97$15,818
Oct 19967321,51123.31$17,063
Sep 19961,0521,53622.22$23,375
Aug 19961,0381,46920.26$21,030
Jul 19961,0571,50119.55$20,664
Jun 19961,0401,37818.73$19,479
May 19968821,40119.43$17,137
Apr 19961,0551,27421.51$22,693
Mar 19968961,28119.38$17,364
Feb 19961,0581,23116.98$17,965
Jan 19968821,24917.07$15,056
Dec 19957201,12617.19$12,377
Nov 19957101,06016.00$11,360
Oct 19958751,08315.43$13,501
Sep 19957181,10616.18$11,617
Aug 19958601,00415.92$13,691
Jul 19957091,17115.24$10,805
Jun 19951,0011,23416.41$16,426
May 19951,2211,38717.56$21,441
Apr 19951,0771,33117.73$19,095
Mar 19951,0631,52616.44$17,476
Feb 19951,0701,28216.58$17,741
Jan 19951,0581,33715.92$16,843
Dec 19941,4321,55015.03$21,523
Nov 19941,0501,63615.90$16,695
Oct 19941,3881,76515.58$21,625
Sep 19947131,37015.29$10,902
Aug 19941,4062,23616.13$22,679
Jul 19941,2252,38417.56$21,511
Jun 19941,7192,28017.09$29,378
May 19941,4152,27115.88$22,470
Apr 19941,4002,18514.14$19,796
Mar 19941,4102,24212.46$17,569
Feb 19941,4571,94512.50$18,213
Jan 19941,9422,52012.66$24,586
Dec 19931,7942,82312.33$22,120
Nov 19932,0602,84414.49$29,849
Oct 19931,9542,70715.85$30,971
Sep 19931,7582,68315.03$26,423
Aug 19932,8173,67715.66$44,114
Jul 19932,3893,90015.46$36,934
Jun 19933,2763,57916.79$55,004
May 19933372,41317.68$5,958
Apr 19935311,79318.05$9,585
Mar 19931,3991,83918.14$25,378
Feb 19931,4481,90317.90$25,919
Jan 19931,4622,64616.93$24,752

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.

May 2015 — as filed, then multipliedworked
Oil                    3 bbl  × $ 55.21 =       $166
Casinghead gas         0 Mcf  × $  2.96 =         $0

────────────────────────────────────────────────────
Month total                                     $166

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/13345 is the state's own key, not one this site invented.