LIVESTOCK 7

Operated by PIE OPERATING, LLC (P-5 664887) in the WILDCAT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70359District 8AField 00020001Hydrogen sulphide fieldWildcat fieldOilSaveExport
Value, all time
$264 k
May 2014 – Sep 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
77
no gaps in the span
Streams
1
oil

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 358 leases and 503 wells, and the rule below applies to all of them.

Discovered
1970-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition4,487 bbl$264,030
Total$264,030

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 32.6920, -101.5153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.69198, -101.51533 · 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
0.0%
0 of 1 wells
Median depth
9,300 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
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

The one well that filed a depth was drilled to 9,300 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-0333230329,300 ftDec 2018Yes

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 (77)

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

77 months

Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 20191662.632.75$1,002
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 201919346.033.23$8,884
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201818361.443.40$11,244
Sep 2018059.543.11$0
Aug 201819759.403.07$11,702
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 201816061.222.79$9,795
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 201715057.272.92$8,591
Nov 2017055.423.12$0
Oct 201718149.292.98$8,921
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 201717742.493.09$7,521
May 201716045.373.26$7,259
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 201716450.452.95$8,274
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 201616146.193.09$7,437
Sep 2016041.553.10$0
Aug 201617841.442.92$7,376
Jul 2016041.622.92$0
Jun 201617645.352.69$7,982
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 201617533.011.79$5,777
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 201515932.362.00$5,145
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 201516542.992.76$7,093
Aug 2015040.162.87$0
Jul 201516848.152.95$8,089
Jun 201516156.152.88$9,040
May 2015055.212.96$0
Apr 201516749.822.71$8,320
Mar 2015042.892.93$0
Feb 201517044.662.98$7,592
Jan 2015043.433.10$0
Dec 201416954.693.59$9,243
Nov 2014070.464.25$0
Oct 201416078.303.90$12,528
Sep 2014086.164.05$0
Aug 201419589.394.04$17,431
Jul 201470296.564.18$67,785
Jun 2014098.164.74$0
May 2014094.734.73$0

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.

Apr 2019 — as filed, then multipliedworked
Oil                   16 bbl  × $ 62.63 =     $1,002

────────────────────────────────────────────────────
Month total                                   $1,002

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/70359 is the state's own key, not one this site invented.