GEO-GOLDENROD

Name: GEO-GOLDENROD lease production and value, Jan 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VIPER S.W.D., LLC (P-5 886209) in the ELBERT GOFF (3700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204123District 02Field 28271500GasSave Export

Value, all time

$3.5 M

Jan 2004 – Dec 2016

Value, last 12 filed months

at the published price for each month

Months reported

156

no gaps in the span

Streams

gas

The ELBERT GOFF (3700) 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1975-05-03

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: “ALLOCATION FORMULA EFFECTIVE 01/01/2010.”

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
Gas	Production	491,419 Mcf	$3,509,038
Total			$3,509,038

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 29.1859, -96.6021. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.18586, -96.60214 · 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

100.0%

1 of 1 wells

Median depth

4,500 ft

1 wells filed one

Completion to plug

12.9 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 4,500 ft.

Completions filed

Jan 2004

1 of 1 wells

Plug dates filed

Dec 2016

1 of 1 wells

Last completion to plug: a median of 12.9 years across the 1 well that filed both dates, with the middle half between 12.9 years and 12.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23933243	7	4,500 ft	Jan 2004	Dec 2016	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 (156)

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

156 months


Dec 2016	0	48.76	3.72	$0
Nov 2016	0	42.49	2.64	$0
Oct 2016	0	46.19	3.09	$0
Sep 2016	0	41.55	3.10	$0
Aug 2016	0	41.44	2.92	$0
Jul 2016	0	41.62	2.92	$0
Jun 2016	0	45.35	2.69	$0
May 2016	0	42.52	1.99	$0
Apr 2016	0	36.56	1.99	$0
Mar 2016	0	33.01	1.79	$0
Feb 2016	0	26.47	2.06	$0
Jan 2016	0	27.35	2.36	$0
Dec 2015	113	32.36	2.00	$226
Nov 2015	18	38.79	2.17	$39
Oct 2015	842	43.55	2.43	$2,043
Sep 2015	377	42.99	2.76	$1,040
Aug 2015	0	40.16	2.87	$0
Jul 2015	0	48.15	2.95	$0
Jun 2015	0	56.15	2.88	$0
May 2015	0	55.21	2.96	$0
Apr 2015	0	49.82	2.71	$0
Mar 2015	0	42.89	2.93	$0
Feb 2015	0	44.66	2.98	$0
Jan 2015	0	43.43	3.10	$0
Dec 2014	0	54.69	3.59	$0
Nov 2014	0	70.46	4.25	$0
Oct 2014	0	78.30	3.90	$0
Sep 2014	0	86.16	4.05	$0
Aug 2014	0	89.39	4.04	$0
Jul 2014	0	96.56	4.18	$0
Jun 2014	0	98.16	4.74	$0
May 2014	0	94.73	4.73	$0
Apr 2014	0	95.94	4.81	$0
Mar 2014	0	95.89	5.06	$0
Feb 2014	0	97.40	6.19	$0
Jan 2014	0	90.40	4.86	$0
Dec 2013	0	91.82	4.35	$0
Nov 2013	0	88.85	3.74	$0
Oct 2013	0	97.42	3.78	$0
Sep 2013	0	104.11	3.72	$0
Aug 2013	0	104.25	3.52	$0
Jul 2013	0	102.52	3.72	$0
Jun 2013	0	94.40	3.93	$0
May 2013	0	94.83	4.15	$0
Apr 2013	0	93.96	4.28	$0
Mar 2013	0	93.62	3.91	$0
Feb 2013	0	91.23	3.42	$0
Jan 2013	0	91.60	3.42	$0
Dec 2012	0	86.77	3.42	$0
Nov 2012	0	86.95	3.62	$0
Oct 2012	0	89.38	3.40	$0
Sep 2012	0	94.67	2.92	$0
Aug 2012	0	92.66	2.91	$0
Jul 2012	0	85.13	3.02	$0
Jun 2012	0	79.82	2.52	$0
May 2012	0	91.61	2.49	$0
Apr 2012	0	101.65	2.00	$0
Mar 2012	0	105.05	2.22	$0
Feb 2012	0	101.10	2.57	$0
Jan 2012	0	98.09	2.73	$0
Dec 2011	0	96.87	3.24	$0
Nov 2011	0	95.72	3.31	$0
Oct 2011	0	84.98	3.65	$0
Sep 2011	0	83.62	3.99	$0
Aug 2011	0	83.40	4.15	$0
Jul 2011	0	94.14	4.52	$0
Jun 2011	1,160	92.90	4.64	$5,382
May 2011	864	98.13	4.40	$3,806
Apr 2011	0	105.96	4.33	$0
Mar 2011	0	96.36	4.06	$0
Feb 2011	0	85.64	4.18	$0
Jan 2011	0	86.50	4.59	$0
Dec 2010	0	85.73	4.35	$0
Nov 2010	0	80.84	3.80	$0
Oct 2010	0	78.10	3.51	$0
Sep 2010	0	72.63	3.98	$0
Aug 2010	0	73.68	4.42	$0
Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	73	73.58	5.44	$397
Jan 2010	1,311	74.36	5.96	$7,819
Dec 2009	2,412	71.44	5.48	$13,227
Nov 2009	160	74.59	3.75	$600
Oct 2009	1,126	72.54	4.11	$4,628
Sep 2009	1,928	65.54	3.06	$5,909
Aug 2009	262	67.42	3.22	$843
Jul 2009	2,947	61.13	3.46	$10,210
Jun 2009	3,002	66.16	3.90	$11,693
May 2009	3,921	54.74	3.93	$15,393
Apr 2009	4,803	46.77	3.59	$17,231
Mar 2009	6,925	42.14	4.06	$28,109
Feb 2009	7,961	32.81	4.63	$36,883
Jan 2009	10,370	35.86	5.37	$55,697
Dec 2008	10,654	37.10	5.98	$63,680
Nov 2008	4,420	55.49	6.86	$30,323
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	1,998	114.22	8.48	$16,949
Jul 2008	2,926	131.08	11.39	$33,325
Jun 2008	2,807	131.33	13.03	$36,583
May 2008	2,846	123.17	11.57	$32,940
Apr 2008	2,628	110.31	10.45	$27,475
Mar 2008	2,398	101.90	9.66	$23,174
Feb 2008	2,083	92.53	8.77	$18,269
Jan 2008	1,719	90.38	8.21	$14,106
Dec 2007	2,550	88.33	7.30	$18,620
Nov 2007	649	91.67	7.29	$4,732
Oct 2007	4,186	82.85	6.92	$28,975
Sep 2007	4,367	75.84	6.24	$27,268
Aug 2007	5,018	69.06	6.39	$32,055
Jul 2007	8,881	70.90	6.39	$56,731
Jun 2007	9,649	62.00	7.55	$72,835
May 2007	9,029	58.74	7.85	$70,844
Apr 2007	810	59.61	7.81	$6,322
Mar 2007	9,326	56.92	7.30	$68,098
Feb 2007	7,498	55.10	8.22	$61,604
Jan 2007	6,669	50.30	6.73	$44,861
Dec 2006	9,894	56.65	6.92	$68,451
Nov 2006	8,539	54.20	7.62	$65,046
Oct 2006	7,367	54.90	6.01	$44,304
Sep 2006	8,014	60.08	5.04	$40,368
Aug 2006	9,005	68.71	7.34	$66,096
Jul 2006	8,962	69.37	6.34	$56,844
Jun 2006	9,124	66.28	6.38	$58,247
May 2006	0	66.01	6.42	$0
Apr 2006	0	64.39	7.36	$0
Mar 2006	10,313	56.70	7.08	$73,046
Feb 2006	8,332	57.59	7.75	$64,582
Jan 2006	9,118	60.59	8.93	$81,454
Dec 2005	10,046	54.94	13.42	$134,771
Nov 2005	9,829	54.69	10.59	$104,073
Oct 2005	11,278	58.34	13.80	$155,589
Sep 2005	8,549	61.45	12.08	$103,263
Aug 2005	10,488	61.51	9.80	$102,749
Jul 2005	10,813	55.69	7.84	$84,813
Jun 2005	10,401	52.33	7.38	$76,770
May 2005	10,753	45.22	6.65	$71,520
Apr 2005	10,725	49.20	7.36	$78,941
Mar 2005	11,601	50.37	7.15	$83,004
Feb 2005	10,562	45.22	6.31	$66,667
Jan 2005	11,668	43.16	6.32	$73,767
Dec 2004	11,955	39.86	6.75	$80,709
Nov 2004	11,561	45.28	6.33	$73,186
Oct 2004	12,489	49.70	6.52	$81,367
Sep 2004	7,906	43.24	5.28	$41,775
Aug 2004	12,532	42.37	5.55	$69,561
Jul 2004	13,085	38.28	6.08	$79,612
Jun 2004	13,241	36.10	6.43	$85,180
May 2004	9,552	37.48	6.49	$62,036
Apr 2004	9,552	34.47	5.86	$55,960
Mar 2004	10,894	34.36	5.53	$60,245
Feb 2004	7,958	32.45	5.51	$43,846
Jan 2004	1,627	32.03	6.30	$10,250

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.

Dec 2015 — as filed, then multipliedworked

Gas                  113 Mcf  × $  2.00 =       $226

────────────────────────────────────────────────────
Month total                                     $226

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/204123 is the state's own key, not one this site invented.