BRENNAND, PATRICK TRUST 124

Operated by GOODRICH PET. CO. OF LOUISIANA (P-5 314899) in the MUNGERVILLE, NW. (PENN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67230District 8AField 63803500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Mar 1994 – Jan 1999
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
59
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1953-12-31
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 40 acres. The field rule took effect on 1995-08-01.

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
OilDisposition70,851 bbl$1,196,239
Casinghead gasProduction19,620 Mcf$9,133
Total$1,205,372

15,960 Mcf of this lease's gas, across 32 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 32.8003, -102.2008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.80027, -102.20084 · 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
8,440 ft
1 wells filed one
Completion to plug
4.8 years
median over 1 well

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 8,440 ft.

Completions filed
Mar 1994
1 of 1 wells
Plug dates filed
Dec 1998
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1153280118,440 ftMar 1994Dec 1998Yes

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 (59)

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

59 months

Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998460012.592.08$5,791
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998012112.622.21$267
Apr 199847615313.042.51$6,590
Mar 199848415312.802.31$6,549
Feb 199847014613.952.30$6,892
Jan 1998016314.702.15$351
Dec 199747011516.322.41$7,948
Nov 199747511918.193.09$9,008
Oct 199748218919.253.15$9,874
Sep 199748222617.742.95$9,218
Aug 199792729317.862.55$17,305
Jul 199746327117.582.25$8,748
Jun 199790322717.242.26$16,080
May 199749830518.972.31$10,151
Apr 199795730417.882.08$17,744
Mar 199750431518.951.94$10,162
Feb 199794119920.492.21$19,720
Jan 199792136123.483.54$22,903
Dec 199691238323.32$21,268
Nov 199696433721.97$21,179
Oct 199646738223.31$10,886
Sep 199692648822.22$20,576
Aug 199694935620.26$19,227
Jul 19961,36244819.55$26,627
Jun 199693343118.73$17,475
May 19961,41251119.43$27,435
Apr 199693857421.51$20,176
Mar 199689552119.38$17,345
Feb 19961,89150916.98$32,109
Jan 19961,14057817.07$19,460
Dec 19951,84659017.19$31,733
Nov 199596150716.00$15,376
Oct 19951,38442915.43$21,355
Sep 19951,89643716.18$30,677
Aug 19951,87172915.92$29,786
Jul 19951,80782615.24$27,539
Jun 19951,83784616.41$30,145
May 19951,42651617.56$25,041
Apr 19951,92290517.73$34,077
Mar 19952,37599516.44$39,045
Feb 19952,42247316.58$40,157
Jan 19952,8331,88015.92$45,101
Dec 19943,3631,30215.03$50,546
Nov 19942,769015.90$44,027
Oct 19943,143015.58$48,968
Sep 19943,298115.29$50,426
Aug 1994950116.13$15,324
Jul 19941,787117.56$31,380
Jun 19942,055117.09$35,120
May 19943,573115.88$56,739
Apr 19943,597114.14$50,862
Mar 19941,034112.46$12,884

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.

Sep 1998 — as filed, then multipliedworked
Oil                  460 bbl  × $ 12.59 =     $5,791
Casinghead gas         0 Mcf  × $  2.08 =         $0

────────────────────────────────────────────────────
Month total                                   $5,791

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. 8A/O/67230 is the state's own key, not one this site invented.