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 225625District 02Field 20876832NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 2007 – Apr 2016
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
112
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
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
CondensateDisposition4,257 bbl$325,481
GasProduction146,137 Mcf$837,814
Total$1,163,294

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 28.6450, -97.8968. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.64500, -97.89680 · 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
9,311 ft
1 wells filed one
Completion to plug
8.8 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 9,311 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0253343569,311 ftJan 2007Oct 2015Yes

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 (112)

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

112 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016135026.472.06$3,573
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20153289042.992.76$3,831
Aug 2015077340.162.87$2,220
Jul 2015062248.152.95$1,832
Jun 2015054656.152.88$1,574
May 201517265255.212.96$11,423
Apr 2015050149.822.71$1,356
Mar 2015055342.892.93$1,623
Feb 2015056544.662.98$1,682
Jan 2015049843.433.10$1,544
Dec 20143781354.693.59$4,943
Nov 2014037370.464.25$1,586
Oct 2014016778.303.90$651
Sep 2014048386.164.05$1,954
Aug 2014040989.394.04$1,650
Jul 2014053196.564.18$2,219
Jun 2014077698.164.74$3,676
May 2014067494.734.73$3,186
Apr 2014076595.944.81$3,679
Mar 2014084595.895.06$4,273
Feb 201420666497.406.19$24,176
Jan 2014073190.404.86$3,553
Dec 2013085091.824.35$3,701
Nov 2013077188.853.74$2,882
Oct 2013054797.423.78$2,067
Sep 20130995104.113.72$3,699
Aug 201334774104.253.52$6,271
Jul 20130876102.523.72$3,257
Jun 2013076194.403.93$2,993
May 201316353794.834.15$17,685
Apr 2013080293.964.28$3,435
Mar 20133691293.623.91$6,939
Feb 2013080591.233.42$2,753
Jan 2013074891.603.42$2,558
Dec 2012078286.773.42$2,675
Nov 20122570886.953.62$4,740
Oct 201201,12889.383.40$3,835
Sep 201217793294.672.92$19,477
Aug 2012091792.662.91$2,667
Jul 201201,05085.133.02$3,172
Jun 2012251,39479.822.52$5,507
May 2012095691.612.49$2,379
Apr 20120810101.652.00$1,617
Mar 201201,453105.052.22$3,229
Feb 20120856101.102.57$2,200
Jan 201218394298.092.73$20,526
Dec 2011089796.873.24$2,906
Nov 2011073595.723.31$2,434
Oct 201101,06984.983.65$3,900
Sep 2011084283.623.99$3,356
Aug 201101,20083.404.15$4,979
Jul 20111441,60694.144.52$20,811
Jun 201101,16692.904.64$5,410
May 201101,14698.134.40$5,048
Apr 201101,176105.964.33$5,096
Mar 201101,35296.364.06$5,486
Feb 20111691,08585.644.18$19,008
Jan 201101,04186.504.59$4,777
Dec 201001,18085.734.35$5,130
Nov 201001,20580.843.80$4,573
Oct 20101091,00778.103.51$12,046
Sep 201001,37872.633.98$5,484
Aug 201001,23973.684.42$5,476
Jul 201001,28572.554.74$6,086
Jun 201001,28670.364.91$6,315
May 20101741,39771.124.24$18,291
Apr 201001,49481.694.12$6,159
Mar 201001,57678.394.39$6,917
Feb 201001,13673.585.44$6,183
Jan 20101821,29274.365.96$21,239
Dec 200901,67971.445.48$9,207
Nov 200901,44374.593.75$5,413
Oct 200901,31672.544.11$5,409
Sep 20091801,71265.543.06$17,044
Aug 200901,71667.423.22$5,523
Jul 200901,67361.133.46$5,796
Jun 200901,25366.163.90$4,880
May 200901,03754.743.93$4,071
Apr 20091771,24646.773.59$12,748
Mar 2009098642.144.06$4,002
Feb 200901,04232.814.63$4,828
Jan 200901,45835.865.37$7,831
Dec 20081821,89537.105.98$18,079
Nov 200801,64155.496.86$11,258
Oct 200802,26775.246.92$15,692
Sep 200801,645101.767.88$12,958
Aug 20081731,830114.228.48$35,284
Jul 200801,964131.0811.39$22,369
Jun 200801,623131.3313.03$21,152
May 200802,322123.1711.57$26,876
Apr 20081732,128110.3110.45$41,332
Mar 200802,506101.909.66$24,218
Feb 200802,24292.538.77$19,664
Jan 20081402,53390.388.21$33,438
Dec 200702,98688.337.30$21,804
Nov 20071752,57991.677.29$34,848
Oct 200703,08082.856.92$21,320
Sep 20073733,38875.846.24$49,444
Aug 200703,89969.066.39$24,907
Jul 20071774,09370.906.39$38,695
Jun 20071784,68962.007.55$46,431
May 200703,95258.747.85$31,009
Apr 20071684,66459.617.81$46,418
Mar 20071585,35256.927.30$48,074
Feb 200703,37155.108.22$27,696
Jan 20070050.306.73$0

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 2016 — as filed, then multipliedworked
Condensate           135 bbl  × $ 26.47 =     $3,573
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $3,573

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/225625 is the state's own key, not one this site invented.