TXL -C-

Operated by TSF OPERATING (P-5 872227) in the PEGASUS (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4305District 7CField 70279750OilCasinghead gasSaveExport
Value, all time
$293 k
Jan 1993 – May 2001
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
101
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 38 leases and 194 wells, and the rule below applies to all of them.

Discovered
1952-01-08
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: PEGASUS (CONSOLIDATED).

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
OilDisposition16,841 bbl$292,926
Casinghead gasProduction21 Mcf$0
Total$292,926

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 31.5911, -102.1676. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59106, -102.16762 · 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
7,965 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 7,965 ft.

Plug dates filed
Apr 2001
1 of 1 wells

1 well

42-4611016917,965 ftApr 2001Yes

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 (101)

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

101 months

May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000162028.534.09$4,622
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000169024.513.12$4,142
Mar 2000170028.422.86$4,831
Feb 2000170027.622.73$4,695
Jan 2000170025.272.48$4,296
Dec 1999168024.282.42$4,079
Nov 1999182023.192.43$4,221
Oct 19993020.982.80$63
Sep 1999168021.752.62$3,654
Aug 1999171019.262.88$3,293
Jul 1999171017.892.37$3,059
Jun 1999171015.942.36$2,726
May 1999171015.792.32$2,700
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19992010.381.90$21
Dec 199818909.201.77$1,739
Nov 1998183010.892.19$1,993
Oct 1998186012.421.97$2,310
Sep 1998355012.592.08$4,469
Aug 19981011.301.91$11
Jul 1998187011.742.24$2,195
Jun 1998185011.242.24$2,079
May 1998176012.622.21$2,221
Apr 1998363013.042.51$4,734
Mar 19982012.802.31$26
Feb 1998198013.952.30$2,762
Jan 1998200014.702.15$2,940
Dec 1997198016.322.41$3,231
Nov 1997196018.193.09$3,565
Oct 1997188019.253.15$3,619
Sep 1997192017.742.95$3,406
Aug 1997187017.862.55$3,340
Jul 1997196017.582.25$3,446
Jun 1997384017.242.26$6,620
May 1997200018.972.31$3,794
Apr 1997192017.882.08$3,433
Mar 1997190018.951.94$3,601
Feb 1997188020.492.21$3,852
Jan 1997200023.483.54$4,696
Dec 1996380023.32$8,862
Nov 1996203021.97$4,460
Oct 1996194023.31$4,522
Sep 1996186022.22$4,133
Aug 1996179020.26$3,627
Jul 1996190019.55$3,715
Jun 1996358018.73$6,705
May 1996179019.43$3,478
Apr 1996181021.51$3,893
Mar 1996356019.38$6,899
Feb 19960016.98$0
Jan 1996358017.07$6,111
Dec 1995175017.19$3,008
Nov 1995183016.00$2,928
Oct 1995179015.43$2,762
Sep 1995184016.18$2,977
Aug 1995358015.92$5,699
Jul 1995176015.24$2,682
Jun 1995139016.41$2,281
May 1995179017.56$3,143
Apr 1995178017.73$3,156
Mar 1995179016.44$2,943
Feb 1995361016.58$5,985
Jan 1995182015.92$2,897
Dec 1994183015.03$2,750
Nov 1994178015.90$2,830
Oct 1994177015.58$2,758
Sep 1994183115.29$2,798
Aug 1994359116.13$5,791
Jul 1994178117.56$3,126
Jun 1994178117.09$3,042
May 1994175115.88$2,779
Apr 1994185114.14$2,616
Mar 1994180112.46$2,243
Feb 1994343112.50$4,288
Jan 1994356112.66$4,507
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993353115.85$5,595
Sep 1993177115.03$2,660
Aug 1993180115.66$2,819
Jul 1993171115.46$2,644
Jun 1993179116.79$3,005
May 1993187117.68$3,306
Apr 1993179118.05$3,231
Mar 1993361118.14$6,549
Feb 1993182117.90$3,258
Jan 1993176116.93$2,980

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.

Jul 2000 — as filed, then multipliedworked
Oil                  162 bbl  × $ 28.53 =     $4,622
Casinghead gas         0 Mcf  × $  4.09 =         $0

────────────────────────────────────────────────────
Month total                                   $4,622

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/4305 is the state's own key, not one this site invented.