GIDDINGS ESTATE FEE 'D'

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 15716District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$801 k
May 2005 – Dec 2011
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
79
1 month not filed
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
OilDisposition9,644 bbl$667,885
Casinghead gasProduction16,499 Mcf$132,891
Total$800,775

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 31.4600, -101.9913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

31.45768, -101.99032 · 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
8,485 ft
4 wells filed one
Completion to plug
8.8 years
median over 3 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 8,448 and 9,011 ft, median 8,485 ft, over the 4 wells that filed a depth.

Completions filed
Mar 1985 – Jul 2006
3 of 4 wells; 1 filed none
Plug dates filed
Feb 2007 – May 2012
4 of 4 wells

Last completion to plug: a median of 8.8 years across the 3 wells that filed both dates, with the middle half between 4.7 years and 18.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4613293113478,500 ftJul 2007Yes
42-4613291613438,448 ftJul 2006Feb 2007Yes
42-4613293513448,469 ftOct 1998Jul 2007Yes
42-4613231713359,011 ftMar 1985May 2012Yes

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 (79)

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

79 months

Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Jul 2011467594.144.52$4,669
Jun 2011657192.904.64$6,368
May 2011879198.134.40$8,938
Apr 201176120105.964.33$8,573
Mar 20118513596.364.06$8,738
Feb 2011587585.644.18$5,281
Jan 2011728686.504.59$6,623
Dec 2010907585.734.35$8,042
Nov 2010877280.843.80$7,306
Oct 20109411078.103.51$7,727
Sep 20107313572.633.98$5,839
Aug 20106114873.684.42$5,149
Jul 20105914872.554.74$4,981
Jun 20107214570.364.91$5,778
May 20107514971.124.24$5,965
Apr 20107210881.694.12$6,327
Mar 20105218378.394.39$4,879
Feb 20105217873.585.44$4,795
Jan 20107418374.365.96$6,594
Dec 200912419871.445.48$9,944
Nov 200911320674.593.75$9,201
Oct 200910119672.544.11$8,132
Sep 200910520965.543.06$7,522
Aug 200910523267.423.22$7,826
Jul 200913717961.133.46$8,995
Jun 200912614266.163.90$8,889
May 200914816554.743.93$8,749
Apr 200913114946.773.59$6,661
Mar 200914919042.144.06$7,050
Feb 2009699632.814.63$2,709
Jan 20091063635.865.37$3,995
Dec 2008116037.105.98$4,304
Nov 2008459455.496.86$3,142
Oct 200811622775.246.92$10,299
Sep 2008111280101.767.88$13,501
Aug 2008146300114.228.48$19,221
Jul 200888235131.0811.39$14,212
Jun 200841256131.3313.03$8,721
May 200874297123.1711.57$12,552
Apr 2008225274110.3110.45$27,684
Mar 2008202287101.909.66$23,357
Feb 200817921592.538.77$18,449
Jan 200812220090.388.21$12,668
Dec 200715924188.337.30$15,804
Nov 200710722391.677.29$11,435
Oct 20079923482.856.92$9,822
Sep 20079921475.846.24$8,844
Aug 20077223869.066.39$6,493
Jul 20079226470.906.39$8,209
Jun 20078725162.007.55$7,289
May 20076824658.747.85$5,925
Apr 20077822659.617.81$6,414
Mar 200710023556.927.30$7,408
Feb 200727120555.108.22$16,616
Jan 200742824450.306.73$23,170
Dec 200649729856.656.92$30,217
Nov 200653443054.207.62$32,218
Oct 200633240854.906.01$20,680
Sep 200629438260.085.04$19,588
Aug 200634427468.717.34$25,647
Jul 200615818369.376.34$12,121
Jun 200616217566.286.38$11,855
May 200625121766.016.42$17,963
Apr 200614718764.397.36$10,842
Mar 200614718556.707.08$9,645
Feb 200612414057.597.75$8,226
Jan 200618528560.598.93$13,755
Dec 200513815554.9413.42$9,661
Nov 200514921254.6910.59$10,394
Oct 20052332,64658.3413.80$50,097
Sep 20055843761.4512.08$8,843
Aug 2005211461.519.80$1,240
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0

Not filed, and not zero: Aug 2011. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                   46 bbl  × $ 94.14 =     $4,330
Casinghead gas        75 Mcf  × $  4.52 =       $339

────────────────────────────────────────────────────
Month total                                   $4,669

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/15716 is the state's own key, not one this site invented.