PIZARRO

Name: PIZARRO lease production and value, Sep 2011 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SABLE PERMIAN RESOURCES, LLC (P-5 742251) in the LIN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17616District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$25.3 M

Sep 2011 – Jun 2020

Value, last 12 filed months

$654 k

at the published price for each month

Months reported

106

no gaps in the span

Streams

oil, casinghead gas

The LIN (WOLFCAMP) 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 515 leases and 2,325 wells, and the rule below applies to all of them.

Discovered

1984-10-08

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 40 acres. The field rule took effect on 2014-04-21.

The Commission's schedule remark for this field reads: “PER DOCKET NO. 7C-0317412, LIN (WOLFCAMP) IS A UFT FIELD. PDD”

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	224,003 bbl	$18,676,763
Casinghead gas	Production	2,120,539 Mcf	$6,611,368
Total			$25,288,131

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 31.1448, -101.0511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.14345, -101.05185 · 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%

4 of 4 wells

With a plug date

0.0%

0 of 4 wells

Median depth

6,442 ft

4 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

4100.0%

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.

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 6,261 and 6,562 ft, median 6,442 ft, over the 4 wells that filed a depth.

Completions filed

Dec 2011 – Nov 2022

4 of 4 wells

4 wells


42-23534710	1H	6,383 ft	Nov 2022	—	Yes
42-23535161	4H	6,501 ft	Feb 2013	—	Yes
42-23535053	3H	6,562 ft	Aug 2012	—	Yes
42-23534801	2H	6,261 ft	Dec 2011	—	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 (106)

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

106 months


Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	733	27,112	49.88	1.98	$90,262
Jan 2020	182	27,899	57.25	2.09	$68,861
Dec 2019	375	27,842	59.01	2.30	$86,287
Nov 2019	363	27,631	55.30	2.75	$96,078
Oct 2019	183	28,116	53.47	2.42	$77,785
Sep 2019	359	28,964	55.05	2.66	$96,728
Aug 2019	0	29,351	53.11	2.30	$67,635
Jul 2019	367	20,337	56.27	2.46	$70,681
Jun 2019	182	24,578	52.78	2.49	$70,835
May 2019	369	33,692	58.48	2.74	$113,906
Apr 2019	182	22,533	62.63	2.75	$73,380
Mar 2019	185	27,839	56.80	3.06	$95,754
Feb 2019	186	25,929	50.85	2.79	$81,858
Jan 2019	547	29,592	46.03	3.23	$120,707
Dec 2018	372	31,055	46.59	4.19	$147,310
Nov 2018	373	25,380	52.93	4.24	$127,284
Oct 2018	186	25,873	61.44	3.40	$99,346
Sep 2018	720	32,072	59.54	3.11	$142,549
Aug 2018	370	33,813	59.40	3.07	$125,668
Jul 2018	368	31,819	65.14	2.93	$117,261
Jun 2018	370	29,622	60.18	3.08	$113,411
May 2018	550	33,569	65.38	2.90	$133,336
Apr 2018	369	33,418	63.84	2.90	$120,496
Mar 2018	368	35,034	61.22	2.79	$120,163
Feb 2018	554	31,941	61.78	2.77	$122,579
Jan 2018	738	30,984	62.87	4.01	$170,623
Dec 2017	375	31,160	57.27	2.92	$112,511
Nov 2017	743	30,272	55.42	3.12	$135,576
Oct 2017	744	33,182	49.29	2.98	$135,676
Sep 2017	367	21,519	47.52	3.09	$83,875
Aug 2017	555	28,196	45.37	3.00	$109,892
Jul 2017	546	21,050	43.87	3.09	$88,940
Jun 2017	362	21,426	42.49	3.09	$81,529
May 2017	736	20,004	45.37	3.26	$98,673
Apr 2017	744	20,931	47.93	3.21	$102,882
Mar 2017	743	22,098	46.77	2.98	$100,683
Feb 2017	557	17,801	50.45	2.95	$80,660
Jan 2017	938	22,131	49.41	3.42	$122,008
Dec 2016	751	22,621	48.76	3.72	$120,833
Nov 2016	738	22,591	42.49	2.64	$91,096
Oct 2016	897	36,508	46.19	3.09	$154,252
Sep 2016	550	32,433	41.55	3.10	$123,415
Aug 2016	713	35,431	41.44	2.92	$133,159
Jul 2016	738	36,074	41.62	2.92	$136,208
Jun 2016	735	35,000	45.35	2.69	$127,336
May 2016	926	36,491	42.52	1.99	$112,029
Apr 2016	1,081	31,175	36.56	1.99	$101,592
Mar 2016	1,089	29,119	33.01	1.79	$88,188
Feb 2016	914	26,951	26.47	2.06	$79,810
Jan 2016	1,270	29,151	27.35	2.36	$103,658
Dec 2015	1,079	30,106	32.36	2.00	$95,171
Nov 2015	1,105	21,428	38.79	2.17	$89,305
Oct 2015	1,082	20,207	43.55	2.43	$96,155
Sep 2015	1,090	22,497	42.99	2.76	$108,915
Aug 2015	1,094	38,063	40.16	2.87	$153,271
Jul 2015	1,601	36,305	48.15	2.95	$184,009
Jun 2015	1,602	7,981	56.15	2.88	$112,960
May 2015	1,073	8,937	55.21	2.96	$85,653
Apr 2015	1,441	5,820	49.82	2.71	$87,543
Mar 2015	1,638	2,806	42.89	2.93	$78,489
Feb 2015	1,827	1,607	44.66	2.98	$86,377
Jan 2015	2,010	5,614	43.43	3.10	$104,701
Dec 2014	2,359	10,590	54.69	3.59	$167,046
Nov 2014	2,380	4,296	70.46	4.25	$185,961
Oct 2014	1,817	3,594	78.30	3.90	$156,291
Sep 2014	2,212	4,356	86.16	4.05	$208,208
Aug 2014	2,564	4,527	89.39	4.04	$247,463
Jul 2014	2,183	7,085	96.56	4.18	$240,403
Jun 2014	2,572	9,960	98.16	4.74	$299,647
May 2014	2,813	41,399	94.73	4.73	$462,150
Apr 2014	3,163	16,754	95.94	4.81	$384,030
Mar 2014	3,183	17,782	95.89	5.06	$395,138
Feb 2014	2,668	30,883	97.40	6.19	$451,091
Jan 2014	3,117	26,228	90.40	4.86	$409,264
Dec 2013	4,443	26,973	91.82	4.35	$525,410
Nov 2013	5,596	22,459	88.85	3.74	$581,163
Oct 2013	2,627	28,858	97.42	3.78	$364,987
Sep 2013	3,614	27,355	104.11	3.72	$477,952
Aug 2013	5,008	58,409	104.25	3.52	$727,836
Jul 2013	6,348	29,642	102.52	3.72	$760,998
Jun 2013	7,148	16,394	94.40	3.93	$739,256
May 2013	8,374	4,418	94.83	4.15	$812,437
Apr 2013	7,080	529	93.96	4.28	$667,502
Mar 2013	13,290	3,259	93.62	3.91	$1,256,962
Feb 2013	13,434	4,789	91.23	3.42	$1,241,962
Jan 2013	5,751	4,195	91.60	3.42	$541,138
Dec 2012	6,574	5,817	86.77	3.42	$590,321
Nov 2012	7,089	6,110	86.95	3.62	$638,537
Oct 2012	9,789	5,375	89.38	3.40	$893,214
Sep 2012	14,845	4,722	94.67	2.92	$1,419,157
Aug 2012	2,279	5,973	92.66	2.91	$228,543
Jul 2012	2,467	4,873	85.13	3.02	$224,736
Jun 2012	3,866	4,509	79.82	2.52	$319,942
May 2012	4,078	167	91.61	2.49	$374,001
Apr 2012	3,151	4,937	101.65	2.00	$330,157
Mar 2012	1,167	872	105.05	2.22	$124,531
Feb 2012	1,775	13,815	101.10	2.57	$214,960
Jan 2012	1,577	10,326	98.09	2.73	$182,920
Dec 2011	2,003	4,049	96.87	3.24	$207,148
Nov 2011	1,915	15,001	95.72	3.31	$232,976
Oct 2011	2,286	173	84.98	3.65	$194,895
Sep 2011	1,393	8,405	83.62	3.99	$149,983

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.

Feb 2020 — as filed, then multipliedworked

Oil                  733 bbl  × $ 49.88 =    $36,562
Casinghead gas    27,112 Mcf  × $  1.98 =    $53,700

────────────────────────────────────────────────────
Month total                                  $90,262

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/17616 is the state's own key, not one this site invented.