PETTIT "8"

Operated by BCP RESOURCES, LLC (P-5 40206) 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 17323District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$8.0 M
Aug 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 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
OilDisposition79,777 bbl$5,799,259
Casinghead gasProduction637,075 Mcf$2,217,781
Total$8,017,040

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 31.3756, -101.6034. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.37558, -101.60335 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,645 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 10,100 and 11,190 ft, median 10,645 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2010 – Dec 2013
2 of 2 wells

2 wells

42-38338462211,190 ftDec 2013
42-38336827110,100 ftAug 2010

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 (190)

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

190 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240773.023.30$23
Dec 2023020271.262.61$527
Nov 20234954677.892.81$5,350
Oct 20231745985.443.09$2,870
Sep 2023041789.042.74$1,141
Aug 2023020980.522.67$559
Jul 2023092674.852.64$2,446
Jun 20234150068.962.26$3,957
May 20238634670.622.23$6,844
Apr 2023030678.122.24$685
Mar 2023015872.852.39$378
Feb 2023699575.112.47$5,417
Jan 2023010276.533.39$346
Dec 20221503276.415.73$11,645
Nov 202231757385.005.65$30,180
Oct 202208587.185.86$498
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200744.642.68$19
Nov 2020319838.772.71$1,467
Oct 202002536.972.48$62
Sep 20200637.091.99$12
Aug 20200539.982.39$12
Jul 202001038.371.83$18
Jun 20200334.901.69$5
May 202001616.921.81$29
Apr 20200014.751.80$0
Mar 20207622130.341.86$2,716
Feb 20202818549.881.98$1,763
Jan 20208420857.252.09$5,245
Dec 20194513759.012.30$2,971
Nov 201910247655.302.75$6,950
Oct 20192115753.472.42$1,503
Sep 201917321955.052.66$10,106
Aug 2019034553.112.30$795
Jul 20196830256.272.46$4,569
Jun 20197831052.782.49$4,889
May 201936573158.482.74$23,348
Apr 201918974262.632.75$13,878
Mar 20197403,42856.803.06$52,529
Feb 20193163,06550.852.79$24,627
Jan 20192661,41946.033.23$16,825
Dec 201823242746.594.19$12,596
Nov 20183072,23452.934.24$25,716
Oct 20183382,69661.443.40$29,928
Sep 20185682,44259.543.11$41,408
Aug 20184155,28459.403.07$40,855
Jul 20184434,31765.142.93$41,514
Jun 20184923,47360.183.08$40,295
May 20183752,48265.382.90$31,717
Apr 20184422,54763.842.90$35,606
Mar 20184423,85161.222.79$37,791
Feb 20185003,18261.782.77$39,692
Jan 20181112,82362.874.01$18,297
Dec 20172184,41657.272.92$25,386
Nov 20172874,47455.423.12$29,857
Oct 20173844,93149.292.98$33,640
Sep 20175456,38047.523.09$45,595
Aug 20175064,84745.373.00$37,520
Jul 20176326,10543.873.09$46,574
Jun 20173815,11242.493.09$31,971
May 20174563,26345.373.26$31,337
Apr 20172185,24147.933.21$27,281
Mar 201793510,42046.772.98$74,820
Feb 20174339,48250.452.95$49,841
Jan 20176609,25249.413.42$64,241
Dec 20165635,12648.763.72$46,535
Nov 20165929,34642.492.64$49,868
Oct 20169539,77246.193.09$74,217
Sep 20166289,99341.553.10$57,078
Aug 201659410,38641.442.92$54,988
Jul 201663211,02941.622.92$58,556
Jun 201674110,61445.352.69$62,112
May 201662710,85642.521.99$48,275
Apr 201665811,20336.561.99$46,362
Mar 201667210,92433.011.79$41,780
Feb 201698411,78026.472.06$50,356
Jan 20161,03712,28227.352.36$57,401
Dec 201579812,06832.362.00$49,976
Nov 201572812,36338.792.17$55,034
Oct 201580513,12343.552.43$66,902
Sep 201580512,73542.992.76$69,735
Aug 20151,43810,27840.162.87$87,274
Jul 201594510,26948.152.95$75,745
Jun 201594712,98356.152.88$90,602
May 20157425,67555.212.96$57,738
Apr 20156867,56249.822.71$54,644
Mar 20158065,26742.892.93$50,026
Feb 20154873,21044.662.98$31,303
Jan 20154535,40343.433.10$36,426
Dec 20149689,07154.693.59$85,517
Nov 20141,22313,08170.464.25$141,791
Oct 201487712,52578.303.90$117,529
Sep 20147429,35286.164.05$101,764
Aug 20141,14817,20389.394.04$172,036
Jul 20141,25217,84796.564.18$195,486
Jun 20141,07817,08598.164.74$186,746
May 20141,44217,73094.734.73$220,403
Apr 20141,13318,79495.944.81$199,083
Mar 20142,62726,24295.895.06$384,604
Feb 20142,44917,90497.406.19$349,394
Jan 20143,24324,39690.404.86$411,749
Dec 20131,4106,43291.824.35$157,474
Nov 20132371,68088.853.74$27,338
Oct 201362017,55297.423.78$126,736
Sep 20134881,143104.113.72$55,055
Aug 20133781,330104.253.52$44,092
Jul 2013430708102.523.72$46,716
Jun 20135516794.403.93$52,278
May 201372813494.834.15$69,592
Apr 201367936593.964.28$65,362
Mar 201373981293.623.91$72,362
Feb 20134181,19491.233.42$42,218
Jan 201326294691.603.42$27,234
Dec 20122341,28186.773.42$24,685
Nov 20123481,24586.953.62$34,772
Oct 20123491,20589.383.40$35,290
Sep 20122881,19794.672.92$30,758
Aug 2012351992.662.91$32,550
Jul 201246629985.133.02$40,574
Jun 20123461,21279.822.52$30,671
May 201234698491.612.49$34,146
Apr 20123531,199101.652.00$38,277
Mar 2012352897105.052.22$38,971
Feb 20123531,046101.102.57$38,377
Jan 20125351,04698.092.73$55,338
Dec 20111,0381,21896.873.24$104,497
Nov 20111,8731,27995.723.31$183,519
Oct 20111,9961,41984.983.65$174,797
Sep 20112,1641,40783.623.99$186,562
Aug 20117311,56583.404.15$67,459
Jul 20117331,85094.144.52$77,362
Jun 20117232,02792.904.64$76,572
May 20117301,72298.134.40$79,220
Apr 20115571,882105.964.33$67,175
Mar 20115521,62596.364.06$59,784
Feb 20117441,65685.644.18$70,638
Jan 20119181,51386.504.59$86,350
Dec 20109181,82085.734.35$86,613
Nov 20101,0952,05780.843.80$96,327
Oct 20101,0912,88078.103.51$95,313
Sep 20101,6453,20872.633.98$132,242
Aug 20108741,72873.684.42$72,033

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.

Jan 2024 — as filed, then multipliedworked
Oil                    0 bbl  × $ 73.02 =         $0
Casinghead gas         7 Mcf  × $  3.30 =        $23

────────────────────────────────────────────────────
Month total                                      $23

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/17323 is the state's own key, not one this site invented.