FARMAR "55"

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

Oil lease lease 15220District 7CField 64145075OilCasinghead gasSaveExport
Value, all time
$297 k
Jan 2002 – Dec 2009
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
96
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 8 leases and 10 wells, and the rule below applies to all of them.

Discovered
2001-01-18
as the register files it
Field class
Oil
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
OilDisposition6,319 bbl$200,953
Casinghead gasProduction16,339 Mcf$95,769
Total$296,722

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 31.2446, -100.9419. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24460, -100.94185 · 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
7,650 ft
1 wells filed one
Completion to plug
7.4 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 7,650 ft.

Completions filed
Mar 2002
1 of 1 wells
Plug dates filed
Aug 2009
1 of 1 wells

Last completion to plug: a median of 7.4 years across the 1 well that filed both dates, with the middle half between 7.4 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353123817,650 ftMar 2002Aug 2009Yes

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 (96)

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

96 months

Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200943072.544.11$3,119
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008164075.246.92$12,339
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008011792.538.77$1,026
Jan 2008012590.388.21$1,026
Dec 2007012688.337.30$920
Nov 2007012191.677.29$882
Oct 2007012582.856.92$865
Sep 2007012375.846.24$768
Aug 2007012969.066.39$824
Jul 2007013170.906.39$837
Jun 2007012962.007.55$974
May 2007014158.747.85$1,106
Apr 2007013759.617.81$1,069
Mar 2007014456.927.30$1,051
Feb 2007013355.108.22$1,093
Jan 2007014450.306.73$969
Dec 200615914556.656.92$10,011
Nov 2006014054.207.62$1,066
Oct 2006014454.906.01$866
Sep 2006015260.085.04$766
Aug 2006013768.717.34$1,006
Jul 2006014769.376.34$932
Jun 2006015766.286.38$1,002
May 2006016466.016.42$1,054
Apr 200618015764.397.36$12,746
Mar 2006016356.707.08$1,155
Feb 2006014657.597.75$1,132
Jan 2006015660.598.93$1,394
Dec 2005015754.9413.42$2,106
Nov 2005015254.6910.59$1,609
Oct 2005018058.3413.80$2,483
Sep 200517517861.4512.08$12,904
Aug 2005018361.519.80$1,793
Jul 2005018555.697.84$1,451
Jun 2005017352.337.38$1,277
May 200516316745.226.65$8,482
Apr 2005016949.207.36$1,244
Mar 200517117750.377.15$9,880
Feb 2005016745.226.31$1,054
Jan 2005017343.166.32$1,094
Dec 2004016939.866.75$1,141
Nov 2004013845.286.33$874
Oct 2004020849.706.52$1,355
Sep 2004013143.245.28$692
Aug 200434823542.375.55$16,049
Jul 2004024838.286.08$1,509
Jun 2004024436.106.43$1,570
May 2004024337.486.49$1,578
Apr 2004023234.475.86$1,359
Mar 2004022834.365.53$1,261
Feb 2004018832.455.51$1,036
Jan 200436024932.036.30$13,099
Dec 2003022930.266.30$1,443
Nov 2003028028.804.60$1,287
Oct 2003129028.174.76$1,408
Sep 2003039226.314.75$1,862
Aug 200334542829.765.13$12,463
Jul 2003028029.415.17$1,448
Jun 2003017628.565.98$1,053
May 200335223326.595.97$10,751
Apr 2003027326.675.41$1,476
Mar 2003017031.146.10$1,036
Feb 2003019133.487.93$1,514
Jan 200336037430.315.58$12,999
Dec 2002038826.914.85$1,883
Nov 200235353724.664.14$10,927
Oct 2002077626.464.23$3,282
Sep 200235768627.443.64$12,290
Aug 200235877425.963.16$11,743
Jul 200235756824.583.06$10,514
Jun 200234815523.733.34$8,775
May 200271643124.663.58$19,201
Apr 200217537323.653.51$5,449
Mar 200203222.003.10$99
Feb 20023569618.222.38$6,714
Jan 2002478017.172.38$8,207

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.

Oct 2009 — as filed, then multipliedworked
Oil                   43 bbl  × $ 72.54 =     $3,119
Casinghead gas         0 Mcf  × $  4.11 =         $0

────────────────────────────────────────────────────
Month total                                   $3,119

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/15220 is the state's own key, not one this site invented.