PROBANDT "70"

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 16119District 7CField 73243500OilCasinghead gasSaveExport
Value, all time
$522 k
Nov 2006 – Apr 2016
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
114
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
OilDisposition5,030 bbl$387,474
Casinghead gasProduction26,452 Mcf$134,604
Total$522,078

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 31.5086, -101.0336. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50860, -101.03364 · 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
7,380 ft
1 wells filed one
Completion to plug
9.3 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 7,380 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
Mar 2016
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353398997,380 ftNov 2006Mar 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 (114)

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

114 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201584032.362.00$2,718
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201508740.162.87$250
Jul 2015017748.152.95$521
Jun 2015025256.152.88$726
May 201517325455.212.96$10,302
Apr 2015024849.822.71$671
Mar 2015025242.892.93$740
Feb 2015023544.662.98$699
Jan 2015025043.433.10$775
Dec 2014025454.693.59$912
Nov 201416224470.464.25$12,452
Oct 2014025978.303.90$1,010
Sep 2014024886.164.05$1,003
Aug 2014025789.394.04$1,037
Jul 201417526296.564.18$17,993
Jun 2014025198.164.74$1,189
May 2014025594.734.73$1,205
Apr 2014024595.944.81$1,178
Mar 2014025495.895.06$1,284
Feb 2014022797.406.19$1,406
Jan 2014025290.404.86$1,225
Dec 2013025091.824.35$1,089
Nov 201318123188.853.74$16,945
Oct 2013024997.423.78$941
Sep 20130237104.113.72$881
Aug 20130251104.253.52$884
Jul 20130255102.523.72$948
Jun 2013024394.403.93$956
May 201317925094.834.15$18,012
Apr 2013024093.964.28$1,028
Mar 2013024893.623.91$970
Feb 2013022491.233.42$766
Jan 2013024591.603.42$838
Dec 2012024586.773.42$838
Nov 2012024186.953.62$874
Oct 2012124589.383.40$922
Sep 201216724394.672.92$16,519
Aug 2012025492.662.91$739
Jul 2012025785.133.02$776
Jun 2012025079.822.52$630
May 2012025091.612.49$622
Apr 20120243101.652.00$485
Mar 2012179244105.052.22$19,346
Feb 20120225101.102.57$578
Jan 2012024898.092.73$678
Dec 2011125996.873.24$936
Nov 201117724695.723.31$17,757
Oct 2011126584.983.65$1,052
Sep 2011026583.623.99$1,056
Aug 2011126983.404.15$1,200
Jul 2011027194.144.52$1,224
Jun 201118126592.904.64$18,044
May 2011129298.134.40$1,384
Apr 20110162105.964.33$702
Mar 2011119096.364.06$867
Feb 2011015485.644.18$644
Jan 201113918686.504.59$12,877
Dec 2010119885.734.35$947
Nov 2010020380.843.80$770
Oct 2010121278.103.51$822
Sep 201017322272.633.98$13,448
Aug 2010025173.684.42$1,109
Jul 2010127372.554.74$1,366
Jun 2010027170.364.91$1,331
May 201018028071.124.24$13,987
Apr 2010125381.694.12$1,125
Mar 2010024878.394.39$1,088
Feb 2010122673.585.44$1,304
Jan 201018322874.365.96$14,968
Dec 2009124371.445.48$1,404
Nov 2009023374.593.75$874
Oct 200918022272.544.11$13,970
Sep 2009020965.543.06$641
Aug 2009125267.423.22$878
Jul 2009025561.133.46$883
Jun 200918024566.163.90$12,863
May 2009124554.743.93$1,017
Apr 2009123546.773.59$890
Mar 2009024842.144.06$1,007
Feb 200918422132.814.63$7,061
Jan 2009129035.865.37$1,593
Dec 2008229337.105.98$1,826
Nov 200817928055.496.86$11,854
Oct 2008228075.246.92$2,089
Sep 20080296101.767.88$2,332
Aug 2008178268114.228.48$22,605
Jul 20080331131.0811.39$3,770
Jun 20081332131.3313.03$4,458
May 2008178360123.1711.57$26,091
Apr 20080354110.3110.45$3,701
Mar 20080386101.909.66$3,730
Feb 200818435792.538.77$20,157
Jan 2008139990.388.21$3,364
Dec 200718038088.337.30$18,674
Nov 2007158191.677.29$4,328
Oct 200717147182.856.92$17,428
Sep 200708975.846.24$556
Aug 200717714769.066.39$13,163
Jul 2007025970.906.39$1,654
Jun 200717938962.007.55$14,034
May 2007035458.747.85$2,778
Apr 200717929859.617.81$12,996
Mar 20071818756.927.30$10,938
Feb 20071737855.108.22$10,173
Jan 20071717850.306.73$9,126
Dec 200608756.656.92$602
Nov 20060054.207.62$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.

Dec 2015 — as filed, then multipliedworked
Oil                   84 bbl  × $ 32.36 =     $2,718
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $2,718

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/16119 is the state's own key, not one this site invented.