GOODE ESTATE

Operated by KEBO OIL & GAS, INC. (P-5 453170) in the ROSS WELLS (MIOCENE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171789District 02Field 78421250GasSaveExport
Value, all time
$808 k
Jun 1998 – May 2003
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
60
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1996-08-24
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

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
GasProduction247,444 Mcf$807,830
Total$807,830

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 29.3584, -96.9720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.35842, -96.97201 · 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
1,600 ft
1 wells filed one
Completion to plug
4.9 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 1,600 ft.

Completions filed
Jun 1998
1 of 1 wells
Plug dates filed
May 2003
1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2853258411,600 ftJun 1998May 2003Yes

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 (60)

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

60 months

May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 200373133.487.93$5,794
Jan 20031,30230.315.58$7,268
Dec 200242926.914.85$2,082
Nov 20023424.664.14$141
Oct 20021,25326.464.23$5,299
Sep 20023,89127.443.64$14,145
Aug 20024,54425.963.16$14,378
Jul 20024,51624.583.06$13,827
Jun 20024,30623.733.34$14,374
May 20023,71724.663.58$13,322
Apr 20024,01223.653.51$14,091
Mar 20024,51522.003.10$14,009
Feb 20024,20218.222.38$9,983
Jan 20023,00817.172.38$7,146
Dec 20014,40316.932.36$10,410
Nov 20014,11918.072.41$9,908
Oct 20014,45119.782.53$11,256
Sep 20014,05324.262.25$9,125
Aug 20014,21724.873.05$12,875
Jul 20014,22923.933.20$13,520
Jun 20014,00224.563.82$15,304
May 20014,00225.524.31$17,238
Apr 20014,83624.685.34$25,802
Mar 20012,97424.545.38$15,990
Feb 20013,84127.755.77$22,151
Jan 20014,71727.478.40$39,617
Dec 20004,48226.889.12$40,887
Nov 20005,44032.215.66$30,780
Oct 20005,34131.235.15$27,482
Sep 20005,40231.875.19$28,017
Aug 20004,80129.644.54$21,800
Jul 20003,93128.534.09$16,077
Jun 20003,62229.304.40$15,927
May 20003,52827.263.68$12,982
Apr 20003,61624.513.12$11,267
Mar 20004,49228.422.86$12,846
Feb 20004,71727.622.73$12,861
Jan 20005,24725.272.48$13,015
Dec 19995,29624.282.42$12,836
Nov 19994,38923.192.43$10,683
Oct 19993,70120.982.80$10,377
Sep 19994,80821.752.62$12,591
Aug 19995,60419.262.88$16,115
Jul 19996,21517.892.37$14,744
Jun 19996,61615.942.36$15,628
May 19996,88715.792.32$15,985
Apr 19997,63815.102.21$16,865
Mar 19997,89112.471.84$14,506
Feb 19997,0269.981.82$12,772
Jan 19998,98010.381.90$17,062
Dec 19989,4749.201.77$16,800
Nov 19988,10110.892.19$17,707
Oct 19985,98012.421.97$11,776
Sep 19982,40212.592.08$5,002
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 19981,51311.242.24$3,385

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 2003 — as filed, then multipliedworked
Gas                  731 Mcf  × $  7.93 =     $5,794

────────────────────────────────────────────────────
Month total                                   $5,794

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/171789 is the state's own key, not one this site invented.