GERALD

Operated by CONTANGO RESOURCES, INC. (P-5 173206) in the MACARONI (FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150801District 02Field 56392200GasSaveExport
Value, all time
$6.4 M
Jul 1994 – May 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
311
no gaps in the span
Streams
1
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1994-07-25
as the register files it
Field class
Gas
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: AOF-1 AND AOF-2 EFFECTIVE 11/01/2001.

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
GasProduction1,508,704 Mcf$6,449,266
Total$6,449,266

223,852 Mcf of this lease's gas, across 28 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 29.1595, -96.6518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.15952, -96.65182 · 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
4,700 ft
1 wells filed one
Completion to plug
25.8 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 4,700 ft.

Completions filed
Jul 1994
1 of 1 wells
Plug dates filed
May 2020
1 of 1 wells

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-23932808414,700 ftJul 1994May 2020Yes

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 (311)

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

311 months

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 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 200898101.767.88$772
Aug 200842114.228.48$356
Jul 200878131.0811.39$888
Jun 20080131.3313.03$0
May 2008899123.1711.57$10,405
Apr 20082,355110.3110.45$24,621
Mar 20081,247101.909.66$12,051
Feb 200850092.538.77$4,385
Jan 200855790.388.21$4,571
Dec 200741888.337.30$3,052
Nov 2007091.677.29$0
Oct 20071,18582.856.92$8,203
Sep 20071,45475.846.24$9,079
Aug 200742,24669.066.39$269,865
Jul 20071,47770.906.39$9,435
Jun 20072,19962.007.55$16,599
May 20071,53258.747.85$12,021
Apr 200787159.617.81$6,798
Mar 20071,91856.927.30$14,005
Feb 20072,50855.108.22$20,606
Jan 20073,42150.306.73$23,013
Dec 20063,45356.656.92$23,889
Nov 20063,94754.207.62$30,066
Oct 20065,00554.906.01$30,099
Sep 20066,19360.085.04$31,195
Aug 20067,26168.717.34$53,295
Jul 20066,50369.376.34$41,247
Jun 20068,87566.286.38$56,657
May 20069,73766.016.42$62,560
Apr 200610,91864.397.36$80,362
Mar 200612,92056.707.08$91,511
Feb 200610,33557.597.75$80,108
Jan 200611,55160.598.93$103,189
Dec 200513,69854.9413.42$183,764
Nov 200515,06154.6910.59$159,472
Oct 200516,66358.3413.80$229,879
Sep 200517,01261.4512.08$205,488
Aug 200519,43761.519.80$190,421
Jul 200519,85355.697.84$155,720
Jun 200518,57152.337.38$137,073
May 200519,69545.226.65$130,995
Apr 200517,52549.207.36$128,992
Mar 200520,92550.377.15$149,716
Feb 200514,66645.226.31$92,571
Jan 200521,13143.166.32$133,594
Dec 200418,88039.866.75$127,460
Nov 200415,41645.286.33$97,590
Oct 200416,45549.706.52$107,206
Sep 200418,52643.245.28$97,890
Aug 200416,33842.375.55$90,687
Jul 20047,87038.286.08$47,883
Jun 20046,04936.106.43$38,913
May 20046,17037.486.49$40,072
Apr 20045,36934.475.86$31,454
Mar 20046,31334.365.53$34,912
Feb 20045,15532.455.51$28,402
Jan 20045,03932.036.30$31,744
Dec 20035,44330.266.30$34,300
Nov 20036,31028.804.60$28,995
Oct 20036,86728.174.76$32,684
Sep 20037,01526.314.75$33,317
Aug 20037,36629.765.13$37,786
Jul 20037,25129.415.17$37,494
Jun 20036,15628.565.98$36,831
May 20037,07626.595.97$42,263
Apr 20036,47626.675.41$35,018
Mar 20034,82131.146.10$29,389
Feb 20036,16633.487.93$48,871
Jan 20035,29030.315.58$29,529
Dec 20027,61226.914.85$36,947
Nov 20027,18524.664.14$29,724
Oct 20028,45426.464.23$35,753
Sep 20027,67427.443.64$27,897
Aug 20028,09425.963.16$25,611
Jul 20027,29224.583.06$22,326
Jun 20028,22423.733.34$27,454
May 20026,94224.663.58$24,880
Apr 20027,20923.653.51$25,320
Mar 200210,43922.003.10$32,389
Feb 20028,81718.222.38$20,946
Jan 20029,16717.172.38$21,778
Dec 200110,74016.932.36$25,394
Nov 20018,54518.072.41$20,555
Oct 20019,65319.782.53$24,411
Sep 20019,94824.262.25$22,396
Aug 200111,33024.873.05$34,592
Jul 200112,03723.933.20$38,483
Jun 200110,45624.563.82$39,985
May 200112,01225.524.31$51,740
Apr 200111,59124.685.34$61,842
Mar 20019,65724.545.38$51,920
Feb 20017,85727.755.77$45,312
Jan 200111,30627.478.40$94,956
Dec 20009,77026.889.12$89,127
Nov 20009,24432.215.66$52,303
Oct 20009,16031.235.15$47,133
Sep 200012,80331.875.19$66,403
Aug 20008,44329.644.54$38,338
Jul 20009,50828.534.09$38,885
Jun 20006,10429.304.40$26,841
May 200010,15227.263.68$37,357
Apr 200011,02724.513.12$34,360
Mar 20008,58128.422.86$24,540
Feb 20009,83427.622.73$26,812
Jan 200010,31925.272.48$25,596
Dec 199916,30924.282.42$39,528
Nov 199910,97123.192.43$26,703
Oct 199910,40820.982.80$29,181
Sep 199912,22021.752.62$32,002
Aug 199910,48719.262.88$30,156
Jul 19998,17217.892.37$19,387
Jun 199910,74315.942.36$25,376
May 19998,07115.792.32$18,733
Apr 199911,98615.102.21$26,466
Mar 199912,62312.471.84$23,205
Feb 199911,6319.981.82$21,143
Jan 19998,68710.381.90$16,505
Dec 19988,4059.201.77$14,905
Nov 19988,83110.892.19$19,302
Oct 19988,67112.421.97$17,075
Sep 199810,30912.592.08$21,470
Aug 199812,47311.301.91$23,790
Jul 199813,30911.742.24$29,776
Jun 199810,12811.242.24$22,659
May 199810,36612.622.21$22,871
Apr 199813,53913.042.51$33,920
Mar 19984,76812.802.31$11,011
Feb 19985,57213.952.30$12,811
Jan 19986,60914.702.15$14,241
Dec 19977,52816.322.41$18,151
Nov 19979,89018.193.09$30,543
Oct 19978,14319.253.15$25,649
Sep 19978,15417.742.95$24,094
Aug 19979,48517.862.55$24,232
Jul 19979,76917.582.25$21,950
Jun 19979,15517.242.26$20,665
May 199710,82818.972.31$24,996
Apr 199711,83617.882.08$24,652
Mar 199712,51618.951.94$24,270
Feb 199711,50820.492.21$25,386
Jan 199713,80923.483.54$48,880
Dec 199614,30223.32$0
Nov 19969,23621.97$0
Oct 19963,76323.31$0
Sep 19964,31022.22$0
Aug 19964,95520.26$0
Jul 19965,54719.55$0
Jun 19965,97218.73$0
May 19966,10119.43$0
Apr 19965,06421.51$0
Mar 19965,57619.38$0
Feb 19965,46816.98$0
Jan 19966,70417.07$0
Dec 19957,07317.19$0
Nov 19957,71416.00$0
Oct 19958,34715.43$0
Sep 19958,03916.18$0
Aug 199514,42315.92$0
Jul 199511,06615.24$0
Jun 19954,35416.41$0
May 19954,66417.56$0
Apr 199512,86317.73$0
Mar 199513,01816.44$0
Feb 199515,82516.58$0
Jan 199518,62315.92$0
Dec 199410,81815.03$0
Nov 19948,62415.90$0
Oct 19941,21415.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 199418917.56$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.

Sep 2008 — as filed, then multipliedworked
Gas                   98 Mcf  × $  7.88 =       $772

────────────────────────────────────────────────────
Month total                                     $772

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. 02/G/150801 is the state's own key, not one this site invented.