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 226085District 02Field 208768322 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Jan 2007 – Apr 2016
Value, last 12 filed months
$27 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
High Cost Gas112010-02-23196391
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
CondensateDisposition6,898 bbl$527,480
GasProduction287,035 Mcf$1,744,413
Total$2,271,894

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 28.6389, -97.9010. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.63892, -97.90098 · 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
9,513 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 9,513 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

42-0253343259,513 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 201643026.472.06$1,138
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201518517643.552.43$8,484
Sep 2015321,08342.992.76$4,363
Aug 201501,07640.162.87$3,091
Jul 201501,18848.152.95$3,499
Jun 2015094856.152.88$2,733
May 201501,19555.212.96$3,532
Apr 201501,17849.822.71$3,188
Mar 201501,06142.892.93$3,114
Feb 2015094844.662.98$2,821
Jan 2015052043.433.10$1,612
Dec 2014371,21954.693.59$6,401
Nov 2014093670.464.25$3,980
Oct 2014081278.303.90$3,168
Sep 2014057286.164.05$2,314
Aug 2014067389.394.04$2,716
Jul 201401,04696.564.18$4,372
Jun 20141681,47398.164.74$23,468
May 201401,33394.734.73$6,301
Apr 201401,44695.944.81$6,954
Mar 201401,73895.895.06$8,789
Feb 2014361,34297.406.19$11,816
Jan 201401,48290.404.86$7,204
Dec 201301,77991.824.35$7,747
Nov 201301,46888.853.74$5,488
Oct 201318088397.423.78$20,873
Sep 201301,750104.113.72$6,506
Aug 201334920104.253.52$6,785
Jul 201301,606102.523.72$5,971
Jun 2013541,45094.403.93$10,801
May 2013094194.834.15$3,904
Apr 201301,48893.964.28$6,372
Mar 2013361,53393.623.91$9,369
Feb 201301,40091.233.42$4,788
Jan 201301,29891.603.42$4,439
Dec 2012099686.773.42$3,406
Nov 2012251,06286.953.62$6,023
Oct 20121611,26389.383.40$18,684
Sep 201201,12894.672.92$3,292
Aug 201201,42092.662.91$4,130
Jul 201201,50085.133.02$4,531
Jun 2012251,46479.822.52$5,683
May 201201,15391.612.49$2,869
Apr 201201,375101.652.00$2,746
Mar 201201,935105.052.22$4,300
Feb 201201,030101.102.57$2,647
Jan 201201,24398.092.73$3,398
Dec 201101,48796.873.24$4,817
Nov 201101,07295.723.31$3,550
Oct 201101,50384.983.65$5,484
Sep 20111381,37583.623.99$17,020
Aug 201101,83683.404.15$7,618
Jul 201101,91194.144.52$8,632
Jun 201101,94492.904.64$9,020
May 2011491,73598.134.40$12,451
Apr 201101,863105.964.33$8,073
Mar 201101,55496.364.06$6,305
Feb 201101,12585.644.18$4,702
Jan 20111281,60986.504.59$18,455
Dec 201001,92785.734.35$8,378
Nov 201002,10780.843.80$7,997
Oct 20101732,01878.103.51$20,592
Sep 201002,37072.633.98$9,431
Aug 201002,49273.684.42$11,013
Jul 20101882,43072.554.74$25,149
Jun 201002,02670.364.91$9,948
May 201001,47971.124.24$6,264
Apr 201001,95681.694.12$8,064
Mar 201002,12978.394.39$9,343
Feb 20101901,86373.585.44$24,119
Jan 201002,65374.365.96$15,823
Dec 20091782,80871.445.48$28,115
Nov 200902,51374.593.75$9,428
Oct 20091862,10572.544.11$22,145
Sep 200902,95165.543.06$9,044
Aug 200903,06267.423.22$9,855
Jul 200902,62761.133.46$9,101
Jun 20091893,44866.163.90$25,934
May 2009372,85954.743.93$13,249
Apr 20091873,35646.773.59$20,786
Mar 200902,71042.144.06$11,000
Feb 2009403,15732.814.63$15,939
Jan 20092003,94235.865.37$28,344
Dec 20082033,54437.105.98$28,714
Nov 200803,83155.496.86$26,282
Oct 200804,22975.246.92$29,273
Sep 200804,277101.767.88$33,690
Aug 20082404,785114.228.48$68,004
Jul 200805,015131.0811.39$57,118
Jun 20081894,741131.3313.03$86,609
May 20081905,204123.1711.57$83,635
Apr 20081995,323110.3110.45$77,603
Mar 2008565,318101.909.66$57,100
Feb 20082005,19292.538.77$64,043
Jan 20082026,10290.388.21$68,328
Dec 20071916,55388.337.30$64,721
Nov 20071976,76891.677.29$67,409
Oct 20071997,31482.856.92$67,115
Sep 200707,74375.846.24$48,349
Aug 20073878,77269.066.39$82,761
Jul 20071919,09670.906.39$71,647
Jun 200738510,28262.007.55$101,483
May 200719711,87358.747.85$104,731
Apr 200757512,23359.617.81$129,757
Mar 200719813,22256.927.30$107,817
Feb 200708655.108.22$707
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            43 bbl  × $ 26.47 =     $1,138
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,138

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/226085 is the state's own key, not one this site invented.