UNIVERSITY -E-

Operated by PECH OIL CO., NO. 2 (P-5 648890) in the CROCKETT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 413District 7CField 21766001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$196 k
Jan 1993 – Feb 2011
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
218
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 35 leases and 188 wells, and the rule below applies to all of them.

Discovered
1938-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition6,038 bbl$195,997
Casinghead gasProduction21 Mcf$0
Total$195,997

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.0823, -102.0301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08233, -102.03013 · 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
1,441 ft
1 wells filed one
Completion to plug
no well filed both dates

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 1,441 ft.

Plug dates filed
Dec 2010
1 of 1 wells

1 well

42-1050059111,441 ftDec 2010Yes

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 (218)

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

218 months

Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201011085.734.35$943
Nov 201033080.843.80$2,668
Oct 201021078.103.51$1,640
Sep 201033072.633.98$2,397
Aug 201018073.684.42$1,326
Jul 201026072.554.74$1,886
Jun 201017070.364.91$1,196
May 201027071.124.24$1,920
Apr 201027081.694.12$2,206
Mar 201026078.394.39$2,038
Feb 201014073.585.44$1,030
Jan 201021074.365.96$1,562
Dec 200914071.445.48$1,000
Nov 200914074.593.75$1,044
Oct 200921072.544.11$1,523
Sep 200914065.543.06$918
Aug 200921067.423.22$1,416
Jul 200920061.133.46$1,223
Jun 200914066.163.90$926
May 200921054.743.93$1,150
Apr 200920046.773.59$935
Mar 200914042.144.06$590
Feb 200921032.814.63$689
Jan 200914035.865.37$502
Dec 200828037.105.98$1,039
Nov 20087055.496.86$388
Oct 200814075.246.92$1,053
Sep 2008200101.767.88$2,035
Aug 2008210114.228.48$2,399
Jul 2008200131.0811.39$2,622
Jun 2008200131.3313.03$2,627
May 2008190123.1711.57$2,340
Apr 2008270110.3110.45$2,978
Mar 2008140101.909.66$1,427
Feb 200828092.538.77$2,591
Jan 200814090.388.21$1,265
Dec 200720088.337.30$1,767
Nov 200722091.677.29$2,017
Oct 200720082.856.92$1,657
Sep 200723075.846.24$1,744
Aug 200720069.066.39$1,381
Jul 200713070.906.39$922
Jun 200724062.007.55$1,488
May 200727058.747.85$1,586
Apr 200713059.617.81$775
Mar 200720056.927.30$1,138
Feb 200720055.108.22$1,102
Jan 200720050.306.73$1,006
Dec 200620056.656.92$1,133
Nov 200620054.207.62$1,084
Oct 200620054.906.01$1,098
Sep 200620060.085.04$1,202
Aug 200626068.717.34$1,786
Jul 200619069.376.34$1,318
Jun 200614066.286.38$928
May 200620066.016.42$1,320
Apr 200627064.397.36$1,739
Mar 200620056.707.08$1,134
Feb 200620057.597.75$1,152
Jan 200620060.598.93$1,212
Dec 200514054.9413.42$769
Nov 200527054.6910.59$1,477
Oct 200517058.3413.80$992
Sep 200520061.4512.08$1,229
Aug 200520061.519.80$1,230
Jul 200526055.697.84$1,448
Jun 200513052.337.38$680
May 200520045.226.65$904
Apr 200520049.207.36$984
Mar 200520050.377.15$1,007
Feb 200520045.226.31$904
Jan 200520043.166.32$863
Dec 200420039.866.75$797
Nov 200420045.286.33$906
Oct 200414049.706.52$696
Sep 200426043.245.28$1,124
Aug 200420042.375.55$847
Jul 200420038.286.08$766
Jun 200420036.106.43$722
May 200420037.486.49$750
Apr 200427034.475.86$931
Mar 200420034.365.53$687
Feb 200482032.455.51$2,661
Jan 200481032.036.30$2,594
Dec 2003108030.266.30$3,268
Nov 200327028.804.60$778
Oct 200313028.174.76$366
Sep 200327026.314.75$710
Aug 200327029.765.13$804
Jul 200320029.415.17$588
Jun 200320028.565.98$571
May 200320026.595.97$532
Apr 200326026.675.41$693
Mar 200314031.146.10$436
Feb 200320033.487.93$670
Jan 200320030.315.58$606
Dec 200221026.914.85$565
Nov 200227024.664.14$666
Oct 200217026.464.23$450
Sep 200221027.443.64$576
Aug 200227025.963.16$701
Jul 200221024.583.06$516
Jun 200220023.733.34$475
May 200220024.663.58$493
Apr 200227023.653.51$639
Mar 200220022.003.10$440
Feb 200227018.222.38$492
Jan 200220017.172.38$343
Dec 200133016.932.36$559
Nov 200114018.072.41$253
Oct 200113019.782.53$257
Sep 200117024.262.25$412
Aug 200120024.873.05$497
Jul 200120023.933.20$479
Jun 200124024.563.82$589
May 200120025.524.31$510
Apr 200126024.685.34$642
Mar 200120024.545.38$491
Feb 200117027.755.77$472
Jan 200120027.478.40$549
Dec 200020026.889.12$538
Nov 200020032.215.66$644
Oct 200023031.235.15$718
Sep 200020031.875.19$637
Aug 200046029.644.54$1,363
Jul 200047028.534.09$1,341
Jun 200035029.304.40$1,026
May 200035027.263.68$954
Apr 200036024.513.12$882
Mar 200020028.422.86$568
Feb 200019027.622.73$525
Jan 200024025.272.48$606
Dec 199919024.282.42$461
Nov 199919023.192.43$441
Oct 199923020.982.80$483
Sep 199920021.752.62$435
Aug 199923019.262.88$443
Jul 199926017.892.37$465
Jun 199926015.942.36$414
May 199912015.792.32$189
Apr 199922015.102.21$332
Mar 199932012.471.84$399
Feb 19991409.981.82$140
Jan 199915010.381.90$156
Dec 19982009.201.77$184
Nov 19985010.892.19$54
Oct 199815012.421.97$186
Sep 199824012.592.08$302
Aug 199819011.301.91$215
Jul 199819011.742.24$223
Jun 199813011.242.24$146
May 199819012.622.21$240
Apr 199819013.042.51$248
Mar 199819012.802.31$243
Feb 199839013.952.30$544
Jan 199851014.702.15$750
Dec 199725016.322.41$408
Nov 199751018.193.09$928
Oct 199738019.253.15$732
Sep 199738017.742.95$674
Aug 199744017.862.55$786
Jul 199744017.582.25$774
Jun 199737017.242.26$638
May 199736018.972.31$683
Apr 199749017.882.08$876
Mar 199737018.951.94$701
Feb 199739020.492.21$799
Jan 199734023.483.54$798
Dec 199634023.32$793
Nov 199646021.97$1,011
Oct 199635023.31$816
Sep 199633022.22$733
Aug 199644020.26$891
Jul 199637019.55$723
Jun 199637018.73$693
May 199649019.43$952
Apr 199625021.51$538
Mar 199649019.38$950
Feb 199624016.98$408
Jan 199640017.07$683
Dec 199545017.19$774
Nov 199546016.00$736
Oct 199525015.43$386
Sep 199551016.18$825
Aug 199521015.92$334
Jul 199522015.24$335
Jun 199522016.41$361
May 199522017.56$386
Apr 199529017.73$514
Mar 199540016.44$658
Feb 199534016.58$564
Jan 199529015.92$462
Dec 199445015.03$676
Nov 199434015.90$541
Oct 199445015.58$701
Sep 199440115.29$612
Aug 199490116.13$1,452
Jul 199468117.56$1,194
Jun 199490117.09$1,538
May 199467115.88$1,064
Apr 199490114.14$1,273
Mar 199470112.46$872
Feb 199439112.50$488
Jan 199434112.66$430
Dec 199329112.33$358
Nov 199348114.49$696
Oct 199349115.85$777
Sep 199317115.03$256
Aug 199348115.66$752
Jul 199332115.46$495
Jun 199337116.79$621
May 199357117.68$1,008
Apr 199338118.05$686
Mar 199357118.14$1,034
Feb 199333117.90$591
Jan 199349116.93$830

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 2010 — as filed, then multipliedworked
Oil                   11 bbl  × $ 85.73 =       $943
Casinghead gas         0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                     $943

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/413 is the state's own key, not one this site invented.