PETTIT,JAP-A-

Operated by HALLWOOD PETROLEUM, INC. (P-5 347221) 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 6343District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$152 k
Jan 1993 – Oct 1999
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
82
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition8,758 bbl$140,580
Casinghead gasProduction16,983 Mcf$11,407
Total$151,987

12,105 Mcf of this lease's gas, across 48 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 (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 31.3714, -101.6020. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.37139, -101.60197 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,775 ft
2 wells filed one
Completion to plug
18.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 7,750 and 7,800 ft, median 7,775 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1973 – Sep 1984
2 of 2 wells
Plug dates filed
Jun 1996 – Jul 1999
2 of 2 wells

Last completion to plug: a median of 18.8 years across the 2 wells that filed both dates, with the middle half between 15.3 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3833316927,750 ftSep 1984Jun 1996Yes
42-3833037217,800 ftNov 1973Jul 1999Yes

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 (82)

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

82 months

Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199934019.262.88$655
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999140012.471.84$1,746
Feb 19990889.981.82$160
Jan 1999017410.381.90$331
Dec 19981841759.201.77$2,003
Nov 1998016410.892.19$358
Oct 1998018012.421.97$354
Sep 1998019512.592.08$406
Aug 199818120711.301.91$2,440
Jul 1998015911.742.24$356
Jun 1998019511.242.24$436
May 199818321312.622.21$2,779
Apr 1998019113.042.51$479
Mar 199816419812.802.31$2,556
Feb 1998019313.952.30$444
Jan 1998022314.702.15$481
Dec 199707316.322.41$176
Nov 199717221918.193.09$3,805
Oct 1997024819.253.15$781
Sep 1997024417.742.95$721
Aug 199717925117.862.55$3,838
Jul 1997026117.582.25$586
Jun 1997012217.242.26$275
May 199717521418.972.31$3,814
Apr 1997018617.882.08$387
Mar 1997020118.951.94$390
Feb 199718117620.492.21$4,097
Jan 1997012823.483.54$453
Dec 199617414123.32$4,058
Nov 1996018221.97$0
Oct 1996018823.31$0
Sep 199617416622.22$3,866
Aug 1996022220.26$0
Jul 1996022819.55$0
Jun 199616721718.73$3,128
May 1996023219.43$0
Apr 199609621.51$0
Mar 19961745919.38$3,372
Feb 1996022116.98$0
Jan 199617626717.07$3,004
Dec 1995028217.19$0
Nov 1995027416.00$0
Oct 199517129615.43$2,639
Sep 1995029516.18$0
Aug 199516928215.92$2,690
Jul 1995027415.24$0
Jun 199517223116.41$2,823
May 1995042717.56$0
Apr 199505017.73$0
Mar 199506816.44$0
Feb 199535523516.58$5,886
Jan 199518727115.92$2,977
Dec 1994022915.03$0
Nov 199436426315.90$5,788
Oct 199418228315.58$2,836
Sep 199418428815.29$2,813
Aug 199417029816.13$2,742
Jul 199417630317.56$3,091
Jun 199434930817.09$5,964
May 199417127815.88$2,715
Apr 199451829514.14$7,325
Mar 199417130712.46$2,131
Feb 199417927412.50$2,238
Jan 1994030812.66$0
Dec 199335930112.33$4,426
Nov 199317328914.49$2,507
Oct 199317129415.85$2,710
Sep 199317529215.03$2,630
Aug 199317530715.66$2,741
Jul 199334130115.46$5,272
Jun 199317328816.79$2,905
May 199334429017.68$6,082
Apr 199317224418.05$3,105
Mar 199317730418.14$3,211
Feb 199317426617.90$3,115
Jan 199334829116.93$5,892

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.

Aug 1999 — as filed, then multipliedworked
Oil                   34 bbl  × $ 19.26 =       $655
Casinghead gas         0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                     $655

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/6343 is the state's own key, not one this site invented.