GARCITAS RANCH

Operated by FIELD PETROLEUM CORP. (P-5 266906) in the SALEM (3680) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 207958District 02Field 79782850CondensateGasSaveExport
Value, all time
$4.4 M
Jan 2005 – Dec 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
no gaps in the span
Streams
2
condensate, 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
1982-01-26
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 1984-12-03.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 12/01/2006.

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
CondensateDisposition111 bbl$10,426
GasProduction625,465 Mcf$4,358,766
Total$4,369,193

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 28.9471, -96.9501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.94706, -96.95008 · 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
4,500 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 2005
1 of 1 wells
Plug dates filed
Dec 2017
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

42-4693386624,500 ftJan 2005Dec 2017Yes

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 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201301,94793.623.91$7,618
Feb 20130591.233.42$17
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012020686.953.62$747
Oct 2012041689.383.40$1,414
Sep 2012012894.672.92$374
Aug 201201,99892.662.91$5,811
Jul 201201,99885.133.02$6,036
Jun 2012042479.822.52$1,068
May 201201991.612.49$47
Apr 20120132101.652.00$264
Mar 20120510105.052.22$1,133
Feb 20120992101.102.57$2,550
Jan 201202,00198.092.73$5,471
Dec 2011064196.873.24$2,077
Nov 2011041795.723.31$1,381
Oct 201101,31184.983.65$4,783
Sep 201102,81083.623.99$11,200
Aug 201102,96283.404.15$12,290
Jul 20111105,89194.144.52$36,966
Jun 201106,54792.904.64$30,377
May 201108,23998.134.40$36,291
Apr 201104,934105.964.33$21,380
Mar 201102,18596.364.06$8,865
Feb 201101,60185.644.18$6,692
Jan 201102,20186.504.59$10,100
Dec 201002,87885.734.35$12,513
Nov 201003,18380.843.80$12,081
Oct 201002,93678.103.51$10,302
Sep 201003,17872.633.98$12,647
Aug 201003,67973.684.42$16,259
Jul 201003,41172.554.74$16,156
Jun 201003,76270.364.91$18,473
May 201004,64971.124.24$19,690
Apr 201004,58281.694.12$18,890
Mar 201005,12978.394.39$22,509
Feb 201004,92273.585.44$26,787
Jan 201005,54774.365.96$33,083
Dec 200905,91171.445.48$32,414
Nov 200905,78874.593.75$21,714
Oct 200906,30872.544.11$25,927
Sep 200906,77165.543.06$20,751
Aug 200906,49067.423.22$20,888
Jul 200907,57461.133.46$26,240
Jun 200908,09666.163.90$31,534
May 200907,83554.743.93$30,758
Apr 200906,70846.773.59$24,065
Mar 200906,91642.144.06$28,072
Feb 200905,71032.814.63$26,454
Jan 200906,22135.865.37$33,413
Dec 200807,26237.105.98$43,406
Nov 200807,79355.496.86$53,463
Oct 200808,66175.246.92$59,951
Sep 200808,254101.767.88$65,018
Aug 200807,650114.228.48$64,895
Jul 200809,356131.0811.39$106,560
Jun 200807,472131.3313.03$97,380
May 200806,573123.1711.57$76,078
Apr 200807,047110.3110.45$73,675
Mar 200808,232101.909.66$79,555
Feb 200805,03692.538.77$44,169
Jan 200808,92490.388.21$73,228
Dec 200708,77988.337.30$64,104
Nov 200707,12791.677.29$51,968
Oct 200707,79982.856.92$53,985
Sep 200708,76675.846.24$54,736
Aug 200708,13669.066.39$51,972
Jul 200719,49470.906.39$60,718
Jun 200709,43062.007.55$71,182
May 200709,97658.747.85$78,274
Apr 200707,94259.617.81$61,989
Mar 200706,01956.927.30$43,951
Feb 200705,65255.108.22$46,437
Jan 200706,46050.306.73$43,455
Dec 200606,91156.656.92$47,813
Nov 200608,32554.207.62$63,416
Oct 200606,69654.906.01$40,268
Sep 200605,58860.085.04$28,148
Aug 200609,18768.717.34$67,432
Jul 2006011,00369.376.34$69,789
Jun 2006010,74366.286.38$68,582
May 200609,55066.016.42$61,359
Apr 200606,66764.397.36$49,072
Mar 2006010,49956.707.08$74,364
Feb 2006011,12257.597.75$86,208
Jan 2006011,24460.598.93$100,446
Dec 2005011,73154.9413.42$157,376
Nov 2005010,72454.6910.59$113,550
Oct 2005011,91458.3413.80$164,363
Sep 200509,97961.4512.08$120,536
Aug 2005011,44261.519.80$112,095
Jul 2005011,27155.697.84$88,406
Jun 2005013,89452.337.38$102,552
May 2005014,80945.226.65$98,497
Apr 2005014,07249.207.36$103,577
Mar 2005014,46750.377.15$103,510
Feb 2005013,96145.226.31$88,121
Jan 2005013,12743.166.32$82,992

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.

Mar 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 93.62 =         $0
Gas                1,947 Mcf  × $  3.91 =     $7,618

────────────────────────────────────────────────────
Month total                                   $7,618

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/207958 is the state's own key, not one this site invented.