GIDDINGS ESTATE FEE 'A'

Name: GIDDINGS ESTATE FEE 'A' lease production and value, May 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 15713District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$1.7 M

May 2005 – Dec 2016

Value, last 12 filed months

at the published price for each month

Months reported

140

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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.

Stream	Basis	Volume	Value
Oil	Disposition	19,472 bbl	$1,425,461
Casinghead gas	Production	49,046 Mcf	$270,320
Total			$1,695,781

Wells on this lease (3)

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 31.4939, -102.0288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.49363, -102.02955 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

8,600 ft

3 wells filed one

Completion to plug

17.3 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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 8,590 and 8,615 ft, median 8,600 ft, over the 3 wells that filed a depth.

Completions filed

Oct 1988 – May 2015

3 of 3 wells

Plug dates filed

Mar 2007 – Oct 2017

3 of 3 wells

Last completion to plug: a median of 17.3 years across the 3 wells that filed both dates, with the middle half between 9.4 years and 23.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-46132929	4811	8,600 ft	May 2015	Nov 2016	Yes
42-46132925	1275	8,590 ft	Nov 1989	Mar 2007	Yes
42-46132807	1274	8,615 ft	Oct 1988	Oct 2017	Yes

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 (140)

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

140 months


Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	848	55.21	2.96	$2,506
Apr 2015	0	798	49.82	2.71	$2,160
Mar 2015	0	821	42.89	2.93	$2,409
Feb 2015	0	671	44.66	2.98	$1,997
Jan 2015	0	636	43.43	3.10	$1,972
Dec 2014	0	830	54.69	3.59	$2,981
Nov 2014	0	829	70.46	4.25	$3,525
Oct 2014	0	699	78.30	3.90	$2,727
Sep 2014	0	683	86.16	4.05	$2,763
Aug 2014	0	734	89.39	4.04	$2,962
Jul 2014	1	981	96.56	4.18	$4,197
Jun 2014	38	393	98.16	4.74	$5,592
May 2014	348	1,012	94.73	4.73	$37,749
Apr 2014	196	1,023	95.94	4.81	$23,724
Mar 2014	152	997	95.89	5.06	$19,617
Feb 2014	86	871	97.40	6.19	$13,770
Jan 2014	622	1,260	90.40	4.86	$62,353
Dec 2013	174	763	91.82	4.35	$19,299
Nov 2013	40	724	88.85	3.74	$6,261
Oct 2013	70	1,037	97.42	3.78	$10,739
Sep 2013	56	1,113	104.11	3.72	$9,968
Aug 2013	65	958	104.25	3.52	$10,151
Jul 2013	58	1,006	102.52	3.72	$9,686
Jun 2013	42	459	94.40	3.93	$5,770
May 2013	51	52	94.83	4.15	$5,052
Apr 2013	59	61	93.96	4.28	$5,805
Mar 2013	44	68	93.62	3.91	$4,385
Feb 2013	33	61	91.23	3.42	$3,219
Jan 2013	66	67	91.60	3.42	$6,275
Dec 2012	46	82	86.77	3.42	$4,272
Nov 2012	37	73	86.95	3.62	$3,482
Oct 2012	38	60	89.38	3.40	$3,600
Sep 2012	65	32	94.67	2.92	$6,247
Aug 2012	62	40	92.66	2.91	$5,861
Jul 2012	136	60	85.13	3.02	$11,759
Jun 2012	128	37	79.82	2.52	$10,310
May 2012	83	79	91.61	2.49	$7,800
Apr 2012	68	87	101.65	2.00	$7,086
Mar 2012	74	90	105.05	2.22	$7,974
Feb 2012	63	89	101.10	2.57	$6,598
Jan 2012	69	96	98.09	2.73	$7,031
Dec 2011	73	82	96.87	3.24	$7,337
Nov 2011	67	97	95.72	3.31	$6,734
Oct 2011	67	150	84.98	3.65	$6,241
Sep 2011	144	257	83.62	3.99	$13,066
Aug 2011	132	236	83.40	4.15	$11,988
Jul 2011	161	235	94.14	4.52	$16,218
Jun 2011	206	201	92.90	4.64	$20,070
May 2011	217	213	98.13	4.40	$22,232
Apr 2011	175	248	105.96	4.33	$19,618
Mar 2011	180	280	96.36	4.06	$18,481
Feb 2011	135	234	85.64	4.18	$12,540
Jan 2011	153	255	86.50	4.59	$14,405
Dec 2010	196	269	85.73	4.35	$17,973
Nov 2010	178	259	80.84	3.80	$15,373
Oct 2010	156	291	78.10	3.51	$13,205
Sep 2010	153	254	72.63	3.98	$12,123
Aug 2010	156	264	73.68	4.42	$12,661
Jul 2010	165	295	72.55	4.74	$13,368
Jun 2010	156	226	70.36	4.91	$12,086
May 2010	207	329	71.12	4.24	$16,115
Apr 2010	165	772	81.69	4.12	$16,662
Mar 2010	124	298	78.39	4.39	$11,028
Feb 2010	167	348	73.58	5.44	$14,182
Jan 2010	202	390	74.36	5.96	$17,347
Dec 2009	186	423	71.44	5.48	$15,607
Nov 2009	156	457	74.59	3.75	$13,350
Oct 2009	115	435	72.54	4.11	$10,130
Sep 2009	175	500	65.54	3.06	$13,002
Aug 2009	174	322	67.42	3.22	$12,767
Jul 2009	197	305	61.13	3.46	$13,099
Jun 2009	156	302	66.16	3.90	$11,497
May 2009	196	361	54.74	3.93	$12,146
Apr 2009	206	311	46.77	3.59	$10,750
Mar 2009	215	390	42.14	4.06	$10,643
Feb 2009	215	216	32.81	4.63	$8,055
Jan 2009	304	192	35.86	5.37	$11,933
Dec 2008	223	182	37.10	5.98	$9,361
Nov 2008	72	195	55.49	6.86	$5,333
Oct 2008	147	224	75.24	6.92	$12,611
Sep 2008	100	363	101.76	7.88	$13,035
Aug 2008	137	472	114.22	8.48	$19,652
Jul 2008	119	465	131.08	11.39	$20,895
Jun 2008	33	396	131.33	13.03	$9,495
May 2008	71	387	123.17	11.57	$13,224
Apr 2008	218	425	110.31	10.45	$28,491
Mar 2008	211	451	101.90	9.66	$25,859
Feb 2008	219	438	92.53	8.77	$24,106
Jan 2008	157	472	90.38	8.21	$18,063
Dec 2007	227	386	88.33	7.30	$22,869
Nov 2007	178	416	91.67	7.29	$19,351
Oct 2007	164	470	82.85	6.92	$16,841
Sep 2007	166	429	75.84	6.24	$15,268
Aug 2007	120	449	69.06	6.39	$11,155
Jul 2007	153	444	70.90	6.39	$13,684
Jun 2007	144	422	62.00	7.55	$12,113
May 2007	114	417	58.74	7.85	$9,968
Apr 2007	129	397	59.61	7.81	$10,788
Mar 2007	126	375	56.92	7.30	$9,910
Feb 2007	116	278	55.10	8.22	$8,676
Jan 2007	150	319	50.30	6.73	$9,691
Dec 2006	298	326	56.65	6.92	$19,137
Nov 2006	388	323	54.20	7.62	$23,490
Oct 2006	362	373	54.90	6.01	$22,117
Sep 2006	324	372	60.08	5.04	$21,340
Aug 2006	451	431	68.71	7.34	$34,152
Jul 2006	468	498	69.37	6.34	$35,624
Jun 2006	470	508	66.28	6.38	$34,395
May 2006	562	495	66.01	6.42	$40,278
Apr 2006	548	465	64.39	7.36	$38,708
Mar 2006	603	437	56.70	7.08	$37,285
Feb 2006	385	365	57.59	7.75	$25,001
Jan 2006	461	238	60.59	8.93	$30,058
Dec 2005	461	319	54.94	13.42	$29,607
Nov 2005	358	633	54.69	10.59	$26,281
Oct 2005	338	462	58.34	13.80	$26,093
Sep 2005	107	296	61.45	12.08	$10,151
Aug 2005	101	312	61.51	9.80	$9,269
Jul 2005	65	331	55.69	7.84	$6,216
Jun 2005	53	318	52.33	7.38	$5,121
May 2005	75	295	45.22	6.65	$5,354

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                    0 bbl  × $ 55.21 =         $0
Casinghead gas       848 Mcf  × $  2.96 =     $2,506

────────────────────────────────────────────────────
Month total                                   $2,506

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/15713 is the state's own key, not one this site invented.