GUBBELS

Name: GUBBELS lease production and value, Mar 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENERQUEST OPERATING L.L.C. (P-5 252058) in the SAN MIGUEL CREEK, SE. (W-2A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13953District 01Field 80305475OilCasinghead gasSave Export

Value, all time

$3.5 M

Mar 1995 – May 2006

Value, last 12 filed months

$144 k

at the published price for each month

Months reported

135

no gaps in the span

Streams

oil, casinghead gas

The SAN MIGUEL CREEK, SE. (W-2A) field

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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1995-03-17

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “CONS. TO SAN MIGUEL CREEK (WILCOX CONS.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	156,651 bbl	$3,383,036
Casinghead gas	Production	61,415 Mcf	$104,565
Total			$3,487,601

32,578 Mcf of this lease's gas, across 22 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 28.5928, -98.5001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.59279, -98.50008 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

5,510 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 5,510 ft.

Completions filed

Mar 1995

1 of 1 wells

1 well


42-31133054	A 2	5,510 ft	Mar 1995	—	Yes

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 (135)

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

135 months


May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	103	0	57.59	7.75	$5,932
Jan 2006	355	45	60.59	8.93	$21,911
Dec 2005	175	45	54.94	13.42	$10,218
Nov 2005	360	44	54.69	10.59	$20,154
Oct 2005	180	47	58.34	13.80	$11,150
Sep 2005	356	47	61.45	12.08	$22,444
Aug 2005	352	48	61.51	9.80	$22,122
Jul 2005	356	50	55.69	7.84	$20,218
Jun 2005	176	45	52.33	7.38	$9,542
May 2005	355	52	45.22	6.65	$16,399
Apr 2005	358	50	49.20	7.36	$17,982
Mar 2005	355	52	50.37	7.15	$18,253
Feb 2005	358	50	45.22	6.31	$16,504
Jan 2005	359	57	43.16	6.32	$15,855
Dec 2004	353	59	39.86	6.75	$14,469
Nov 2004	360	59	45.28	6.33	$16,674
Oct 2004	354	63	49.70	6.52	$18,004
Sep 2004	353	63	43.24	5.28	$15,597
Aug 2004	531	66	42.37	5.55	$22,865
Jul 2004	355	67	38.28	6.08	$13,997
Jun 2004	351	73	36.10	6.43	$13,141
May 2004	536	75	37.48	6.49	$20,576
Apr 2004	353	82	34.47	5.86	$12,648
Mar 2004	358	86	34.36	5.53	$12,776
Feb 2004	540	81	32.45	5.51	$17,969
Jan 2004	361	89	32.03	6.30	$12,124
Dec 2003	544	91	30.26	6.30	$17,035
Nov 2003	359	79	28.80	4.60	$10,702
Oct 2003	539	95	28.17	4.76	$15,636
Sep 2003	180	64	26.31	4.75	$5,040
Aug 2003	535	205	29.76	5.13	$16,973
Jul 2003	536	209	29.41	5.17	$16,844
Jun 2003	529	266	28.56	5.98	$16,700
May 2003	532	147	26.59	5.97	$15,024
Apr 2003	354	184	26.67	5.41	$10,436
Mar 2003	359	138	31.14	6.10	$12,021
Feb 2003	536	209	33.48	7.93	$19,602
Jan 2003	540	236	30.31	5.58	$17,685
Dec 2002	717	239	26.91	4.85	$20,455
Nov 2002	714	223	24.66	4.14	$18,530
Oct 2002	356	257	26.46	4.23	$10,507
Sep 2002	536	228	27.44	3.64	$15,537
Aug 2002	535	134	25.96	3.16	$14,313
Jul 2002	531	267	24.58	3.06	$13,869
Jun 2002	709	267	23.73	3.34	$17,716
May 2002	709	288	24.66	3.58	$18,516
Apr 2002	714	284	23.65	3.51	$17,884
Mar 2002	719	289	22.00	3.10	$16,715
Feb 2002	718	283	18.22	2.38	$13,754
Jan 2002	713	316	17.17	2.38	$12,993
Dec 2001	890	323	16.93	2.36	$15,831
Nov 2001	710	310	18.07	2.41	$13,575
Oct 2001	879	340	19.78	2.53	$18,246
Sep 2001	885	308	24.26	2.25	$22,164
Aug 2001	704	331	24.87	3.05	$18,519
Jul 2001	637	244	23.93	3.20	$16,024
Jun 2001	528	226	24.56	3.82	$13,832
May 2001	1,051	365	25.52	4.31	$28,394
Apr 2001	885	414	24.68	5.34	$24,051
Mar 2001	886	325	24.54	5.38	$23,490
Feb 2001	1,058	353	27.75	5.77	$31,395
Jan 2001	898	412	27.47	8.40	$28,128
Dec 2000	1,063	424	26.88	9.12	$32,441
Nov 2000	889	321	32.21	5.66	$30,451
Oct 2000	1,070	442	31.23	5.15	$35,690
Sep 2000	1,232	525	31.87	5.19	$41,987
Aug 2000	1,235	418	29.64	4.54	$38,503
Jul 2000	1,238	519	28.53	4.09	$37,443
Jun 2000	1,413	545	29.30	4.40	$43,797
May 2000	1,047	459	27.26	3.68	$30,230
Apr 2000	1,589	590	24.51	3.12	$40,785
Mar 2000	1,566	637	28.42	2.86	$46,327
Feb 2000	1,590	618	27.62	2.73	$45,601
Jan 2000	1,774	671	25.27	2.48	$46,493
Dec 1999	1,959	800	24.28	2.42	$49,504
Nov 1999	1,389	513	23.19	2.43	$33,460
Oct 1999	1,247	496	20.98	2.80	$27,553
Sep 1999	1,515	572	21.75	2.62	$34,449
Aug 1999	1,362	557	19.26	2.88	$27,834
Jul 1999	1,859	710	17.89	2.37	$34,942
Jun 1999	1,511	648	15.94	2.36	$25,616
May 1999	347	185	15.79	2.32	$5,909
Apr 1999	524	169	15.10	2.21	$8,286
Mar 1999	526	183	12.47	1.84	$6,896
Feb 1999	349	172	9.98	1.82	$3,796
Jan 1999	517	312	10.38	1.90	$5,959
Dec 1998	525	180	9.20	1.77	$5,149
Nov 1998	349	182	10.89	2.19	$4,198
Oct 1998	534	203	12.42	1.97	$7,032
Sep 1998	512	203	12.59	2.08	$6,869
Aug 1998	812	226	11.30	1.91	$9,607
Jul 1998	0	84	11.74	2.24	$188
Jun 1998	357	152	11.24	2.24	$4,353
May 1998	531	200	12.62	2.21	$7,142
Apr 1998	888	274	13.04	2.51	$12,266
Mar 1998	355	224	12.80	2.31	$5,061
Feb 1998	537	211	13.95	2.30	$7,976
Jan 1998	715	244	14.70	2.15	$11,036
Dec 1997	541	259	16.32	2.41	$9,454
Nov 1997	534	200	18.19	3.09	$10,331
Oct 1997	719	306	19.25	3.15	$14,805
Sep 1997	893	328	17.74	2.95	$16,811
Aug 1997	896	338	17.86	2.55	$16,866
Jul 1997	890	377	17.58	2.25	$16,493
Jun 1997	1,078	383	17.24	2.26	$19,449
May 1997	1,081	429	18.97	2.31	$21,497
Apr 1997	1,089	431	17.88	2.08	$20,369
Mar 1997	1,076	470	18.95	1.94	$21,302
Feb 1997	1,267	453	20.49	2.21	$26,960
Jan 1997	1,275	550	23.48	3.54	$31,884
Dec 1996	1,790	646	23.32	—	$41,743
Nov 1996	1,802	749	21.97	—	$39,590
Oct 1996	2,526	971	23.31	—	$58,881
Sep 1996	2,859	1,097	22.22	—	$63,527
Aug 1996	3,228	1,209	20.26	—	$65,399
Jul 1996	3,234	1,360	19.55	—	$63,225
Jun 1996	3,048	1,214	18.73	—	$57,089
May 1996	3,415	1,142	19.43	—	$66,353
Apr 1996	3,058	1,251	21.51	—	$65,778
Mar 1996	3,254	1,291	19.38	—	$63,063
Feb 1996	3,792	1,426	16.98	—	$64,388
Jan 1996	4,159	2,659	17.07	—	$70,994
Dec 1995	4,337	1,737	17.19	—	$74,553
Nov 1995	4,437	1,686	16.00	—	$70,992
Oct 1995	4,502	1,833	15.43	—	$69,466
Sep 1995	4,663	2,687	16.18	—	$75,447
Aug 1995	4,658	1,883	15.92	—	$74,155
Jul 1995	4,814	1,888	15.24	—	$73,365
Jun 1995	4,664	1,876	16.41	—	$76,536
May 1995	4,690	1,814	17.56	—	$82,356
Apr 1995	4,685	1,741	17.73	—	$83,065
Mar 1995	543	418	16.44	—	$8,927

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.

Feb 2006 — as filed, then multipliedworked

Oil                  103 bbl  × $ 57.59 =     $5,932
Casinghead gas         0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $5,932

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. 01/O/13953 is the state's own key, not one this site invented.