GRISSOM

Operated by TIDAL PETROLEUM, INC. (P-5 859240) in the COSDEN, WEST (WILCOX 9500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214360District 02Field 208768322 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Jun 2005 – Jun 2017
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
145
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1963-08-26
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 40 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 05/01/2006.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-10-30178298
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition20,178 bbl$1,316,762
GasProduction926,834 Mcf$7,125,689
Total$8,442,450

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 28.6374, -97.8936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.63738, -97.89360 · 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
9,665 ft
1 wells filed one
Completion to plug
12.0 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 9,665 ft.

Completions filed
Jun 2005
1 of 1 wells
Plug dates filed
Jun 2017
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0253332719,665 ftJun 2005Jun 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 (145)

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

145 months

Jun 20170042.493.09$0
May 2017872545.373.26$4,029
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017049449.413.42$1,689
Dec 201615434848.763.72$8,805
Nov 2016025342.492.64$669
Oct 2016033446.193.09$1,032
Sep 201617638041.553.10$8,491
Aug 2016065541.442.92$1,915
Jul 201601,26241.622.92$3,691
Jun 2016083245.352.69$2,235
May 20161711,37642.521.99$10,011
Apr 20161751,66136.561.99$9,705
Mar 20161811,61933.011.79$8,879
Feb 201601,76626.472.06$3,644
Jan 2016087927.352.36$2,078
Dec 20151551,78832.362.00$8,594
Nov 201502,87738.792.17$6,235
Oct 201518710743.552.43$8,403
Sep 20153228042.992.76$2,148
Aug 2015076740.162.87$2,203
Jul 2015073948.152.95$2,176
Jun 201516971856.152.88$11,559
May 2015086155.212.96$2,545
Apr 201501,03649.822.71$2,804
Mar 2015064442.892.93$1,890
Feb 2015031744.662.98$943
Jan 2015061343.433.10$1,901
Dec 20143789754.693.59$5,245
Nov 2014080170.464.25$3,406
Oct 2014083078.303.90$3,238
Sep 2014083386.164.05$3,370
Aug 201416171089.394.04$17,257
Jul 2014081396.564.18$3,398
Jun 201401,02198.164.74$4,836
May 2014091794.734.73$4,334
Apr 20141651,12095.944.81$21,216
Mar 201401,12095.895.06$5,664
Feb 2014361,04997.406.19$10,002
Jan 201401,10590.404.86$5,371
Dec 201301,14891.824.35$4,999
Nov 201301,47888.853.74$5,525
Oct 2013094197.423.78$3,556
Sep 20131751,355104.113.72$23,257
Aug 2013341,200104.253.52$7,772
Jul 201301,314102.523.72$4,885
Jun 201301,05494.403.93$4,146
May 201301,21594.834.15$5,041
Apr 201301,16393.964.28$4,981
Mar 2013361,52593.623.91$9,337
Feb 20131751,30891.233.42$20,438
Jan 201301,24591.603.42$4,258
Dec 201201,20086.773.42$4,104
Nov 20121951,48186.953.62$22,324
Oct 201201,43489.383.40$4,875
Sep 201201,58394.672.92$4,620
Aug 20121751,53892.662.91$20,688
Jul 201201,65285.133.02$4,990
Jun 20122051,52579.822.52$20,205
May 201201,48791.612.49$3,700
Apr 201201,483101.652.00$2,961
Mar 201201,694105.052.22$3,764
Feb 20121821,639101.102.57$22,613
Jan 201201,57498.092.73$4,303
Dec 201101,54896.873.24$5,015
Nov 20111791,67795.723.31$22,687
Oct 201101,89784.983.65$6,921
Sep 201102,00183.623.99$7,976
Aug 2011912,34483.404.15$17,315
Jul 2011512,32794.144.52$15,313
Jun 2011792,79792.904.64$20,317
May 20111342,68998.134.40$24,994
Apr 201102,348105.964.33$10,175
Mar 20111762,87096.364.06$28,604
Feb 201102,33885.644.18$9,773
Jan 20111512,51786.504.59$24,611
Dec 201003,18585.734.35$13,848
Nov 201003,22180.843.80$12,225
Oct 20101403,12778.103.51$21,906
Sep 201003,80472.633.98$15,138
Aug 20101794,05173.684.42$31,092
Jul 201004,30672.554.74$20,395
Jun 20101754,58770.364.91$34,837
May 201004,69271.124.24$19,872
Apr 20101864,09981.694.12$32,093
Mar 201004,13678.394.39$18,152
Feb 20101813,35073.585.44$31,550
Jan 2010124,81874.365.96$29,627
Dec 20091784,22171.445.48$35,863
Nov 200904,82474.593.75$18,097
Oct 20091773,81772.544.11$28,528
Sep 200905,16865.543.06$15,839
Aug 20091615,53867.423.22$28,679
Jul 200907,61161.133.46$26,368
Jun 200905,92866.163.90$23,090
May 20091686,97954.743.93$36,594
Apr 20091776,55246.773.59$31,784
Mar 20091754,18842.144.06$24,374
Feb 20091744,56932.814.63$26,877
Jan 200906,40035.865.37$34,374
Dec 20081826,15537.105.98$43,542
Nov 20081907,24955.496.86$60,274
Oct 200806,81575.246.92$47,173
Sep 200806,413101.767.88$50,516
Aug 20081417,871114.228.48$82,875
Jul 20081707,763131.0811.39$110,700
Jun 200805,403131.3313.03$70,415
May 200807,528123.1711.57$87,131
Apr 20081788,249110.3110.45$105,877
Mar 20081828,874101.909.66$104,305
Feb 200807,73392.538.77$67,823
Jan 20081828,15390.388.21$83,350
Dec 20071788,99888.337.30$81,426
Nov 200708,74891.677.29$63,788
Oct 20071796,92982.856.92$62,793
Sep 20071689,67975.846.24$73,178
Aug 200717610,72269.066.39$80,646
Jul 2007010,91570.906.39$69,724
Jun 20071759,60662.007.55$83,360
May 20071799,65558.747.85$86,270
Apr 200716511,62259.617.81$100,548
Mar 200716713,80956.927.30$110,339
Feb 2007013,67255.108.22$112,329
Jan 200729214,19350.306.73$110,162
Dec 200652512,26256.656.92$114,575
Nov 200618213,49454.207.62$112,655
Oct 200621714,55754.906.01$99,456
Sep 200635916,24760.085.04$103,408
Aug 200653919,01068.717.34$176,567
Jul 200635222,45569.376.34$166,845
Jun 200653226,37466.286.38$203,629
May 200636030,49266.016.42$219,675
Apr 200636019,21364.397.36$164,597
Mar 200654122,13156.707.08$187,427
Feb 200653522,34957.597.75$204,040
Jan 200662628,55760.598.93$293,038
Dec 200585932,77154.9413.42$486,830
Nov 200594634,40554.6910.59$416,031
Oct 200590341,93058.3413.80$631,137
Sep 20051,08347,15561.4512.08$636,136
Aug 20051,79767,61661.519.80$772,957
Jul 200555130,67855.697.84$271,312
Jun 2005077752.337.38$5,735

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.

May 2017 — as filed, then multipliedworked
Condensate            87 bbl  × $ 45.37 =     $3,947
Gas                   25 Mcf  × $  3.26 =        $82

────────────────────────────────────────────────────
Month total                                   $4,029

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/214360 is the state's own key, not one this site invented.