RICHEY "55"

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

Oil lease lease 16016District 7CField 73243500OilCasinghead gasSaveExport
Value, all time
$984 k
May 2006 – Jul 2015
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
111
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 126 leases and 180 wells, and the rule below applies to all of them.

Discovered
1975-02-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1983-09-26.

The Commission's schedule remark for this field reads: FIELD RULES EFF. 9/26/83 PER DKT 7C-79,619 NET GOR 750

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
OilDisposition5,534 bbl$420,093
Casinghead gasProduction79,099 Mcf$563,543
Total$983,636

Wells on this lease (2)

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 31.4971, -100.9881. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.49708, -100.98807 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,205 ft
2 wells filed one
Completion to plug
8.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 7,200 and 7,210 ft, median 7,205 ft, over the 2 wells that filed a depth.

Completions filed
May 2006 – Dec 2006
2 of 2 wells
Plug dates filed
Oct 2014 – Apr 2015
2 of 2 wells

Last completion to plug: a median of 8.4 years across the 2 wells that filed both dates, with the middle half between 8.3 years and 8.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2353401297,210 ftDec 2006Apr 2015Yes
42-2353395877,200 ftMay 2006Oct 2014Yes

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 (111)

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

111 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201420089.394.04$1,788
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013228597.423.78$22,231
Sep 2013088104.113.72$327
Aug 20130111104.253.52$391
Jul 20130141102.523.72$524
Jun 2013014094.403.93$551
May 2013016194.834.15$668
Apr 2013044693.964.28$1,910
Mar 2013081193.623.91$3,173
Feb 2013058391.233.42$1,994
Jan 2013011091.603.42$376
Dec 2012013286.773.42$451
Nov 2012016686.953.62$602
Oct 2012013689.383.40$462
Sep 2012013794.672.92$400
Aug 2012014092.662.91$407
Jul 2012013985.133.02$420
Jun 2012013679.822.52$343
May 2012018191.612.49$450
Apr 20120366101.652.00$731
Mar 20120632105.052.22$1,404
Feb 20120585101.102.57$1,504
Jan 2012072398.092.73$1,977
Dec 2011055296.873.24$1,788
Nov 2011072795.723.31$2,407
Oct 2011085684.983.65$3,123
Sep 2011083983.623.99$3,344
Aug 2011084783.404.15$3,514
Jul 2011178894.144.52$3,654
Jun 2011070392.904.64$3,262
May 2011075198.134.40$3,308
Apr 2011182675105.964.33$22,210
Mar 2011062596.364.06$2,536
Feb 2011056585.644.18$2,362
Jan 2011050386.504.59$2,308
Dec 2010067785.734.35$2,943
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009128061.133.46$7,825
Jun 20090066.163.90$0
May 200908954.743.93$349
Apr 2009037846.773.59$1,356
Mar 2009149342.144.06$2,043
Feb 2009041832.814.63$1,937
Jan 2009043335.865.37$2,326
Dec 2008044937.105.98$2,684
Nov 2008045255.496.86$3,101
Oct 200817688775.246.92$19,382
Sep 200801,687101.767.88$13,289
Aug 20081742,132114.228.48$37,960
Jul 200802,121131.0811.39$24,157
Jun 20081731,359131.3313.03$40,431
May 20081772,762123.1711.57$53,769
Apr 20081813,511110.3110.45$56,673
Mar 20081773,778101.909.66$54,547
Feb 200801,48092.538.77$12,980
Jan 20081801,15890.388.21$25,771
Dec 200701,67688.337.30$12,238
Nov 20071791,52791.677.29$27,543
Oct 20071813,00182.856.92$35,769
Sep 20071802,37775.846.24$28,494
Aug 200701,51569.066.39$9,678
Jul 20071794,46470.906.39$41,207
Jun 20073554,86862.007.55$58,756
May 20071824,81158.747.85$48,439
Apr 20071813,11859.617.81$35,126
Mar 20073552,44556.927.30$38,060
Feb 200702,10255.108.22$17,270
Jan 20073682,41450.306.73$34,749
Dec 20061751,99556.656.92$23,716
Nov 20061761,11954.207.62$18,063
Oct 20063581,44154.906.01$28,320
Sep 20061731,15460.085.04$16,207
Aug 200616913768.717.34$12,618
Jul 20063488769.376.34$24,693
Jun 20061778466.286.38$12,268
May 20060066.016.42$0

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.

Aug 2014 — as filed, then multipliedworked
Oil                   20 bbl  × $ 89.39 =     $1,788
Casinghead gas         0 Mcf  × $  4.04 =         $0

────────────────────────────────────────────────────
Month total                                   $1,788

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/16016 is the state's own key, not one this site invented.