GARVEL

Operated by MARQUEE CORPORATION (P-5 526675) in the GARCITAS CREEK, N. (FRIO 4550) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 189922District 02Field 33978333GasSave
Value, all time
$2.6 M
May 2002 – Sep 2006
Value, last 12 filed months
$458 k
at the published price for each month
Months reported
53
no gaps in the span
Streams
1
gas

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
GasProduction426,749 Mcf$2,555,091
Total$2,555,091

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 28.9254, -96.8316. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.92542, -96.83160 · 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
4,750 ft
1 wells filed one
Completion to plug
4.3 years
median over 1 wells

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 4,750 ft.

Completions filed
May 2002
1 of 1 wells
Plug dates filed
Sep 2006
1 of 1 wells

Last completion to plug: a median of 4.3 years across the 1 well that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693364014,750 ftMay 2002Sep 2006Yes

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 (53)

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

53 months

Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 20062,05966.286.38$13,144
May 20065,59566.016.42$35,948
Apr 20065,76364.397.36$42,418
Mar 20065,58256.707.08$39,537
Feb 20065,03057.597.75$38,988
Jan 20065,96860.598.93$53,314
Dec 20056,04054.9413.42$81,029
Nov 20056,01054.6910.59$63,636
Oct 20056,52958.3413.80$90,073
Sep 20056,01861.4512.08$72,691
Aug 20056,42861.519.80$62,974
Jul 20056,57755.697.84$51,588
Jun 20056,40852.337.38$47,298
May 20056,83545.226.65$45,461
Apr 20056,32549.207.36$46,555
Mar 2005850.377.15$57
Feb 20051,51445.226.31$9,556
Jan 20053,93543.166.32$24,878
Dec 20045,09939.866.75$34,424
Nov 20045,03645.286.33$31,880
Oct 20047,20949.706.52$46,967
Sep 20046,12343.245.28$32,353
Aug 20046,04642.375.55$33,559
Jul 20046,37438.286.08$38,781
Jun 20047,43136.106.43$47,804
May 20047,27037.486.49$47,216
Apr 20047,65534.475.86$44,847
Mar 20049,20134.365.53$50,883
Feb 20047,61532.455.51$41,956
Jan 20048,15232.036.30$51,355
Dec 20038,86730.266.30$55,877
Nov 20035,31328.804.60$24,414
Oct 20038,10328.174.76$38,567
Sep 20039,75026.314.75$46,306
Aug 200311,58929.765.13$59,448
Jul 200312,74529.415.17$65,902
Jun 200313,53828.565.98$80,997
May 200315,49626.595.97$92,553
Apr 200314,21026.675.41$76,837
Mar 200317,21431.146.10$104,937
Feb 200313,19533.487.93$104,582
Jan 200313,48330.315.58$75,263
Dec 200214,40226.914.85$69,904
Nov 200214,37324.664.14$59,461
Oct 200217,61226.464.23$74,483
Sep 200216,96627.443.64$61,675
Aug 200217,50225.963.16$55,379
Jul 20029,51124.583.06$29,120
Jun 200211,69323.733.34$39,034
May 20025,35224.663.58$19,182

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.

Jun 2006 — as filed, then multipliedworked
Gas                2,059 Mcf  × $  6.38 =    $13,144

────────────────────────────────────────────────────
Month total                                  $13,144

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/189922 is the state's own key, not one this site invented.