GEP,LP/GOFF MINERAL TRUST

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 249506District 02Field 28271500GasSaveExport
Value, all time
$959 k
Nov 2006 – Feb 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
124
no gaps in the span
Streams
1
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
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.

StreamBasisVolumeValue
GasProduction157,995 Mcf$959,014
Total$959,014

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 29.2043, -96.6076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.20431, -96.60762 · 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
10.3 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
Nov 2006
1 of 1 wells
Plug dates filed
Feb 2017
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2393339034,500 ftNov 2006Feb 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 (124)

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

124 months

Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 20111,36095.723.31$4,503
Oct 20111,73084.983.65$6,312
Sep 20111,91783.623.99$7,641
Aug 20111,81183.404.15$7,514
Jul 20112,37994.144.52$10,747
Jun 20112,40292.904.64$11,145
May 20112,37098.134.40$10,439
Apr 20112,419105.964.33$10,482
Mar 20112,58996.364.06$10,504
Feb 20111,59685.644.18$6,671
Jan 20111,20286.504.59$5,516
Dec 201072285.734.35$3,139
Nov 20101,64780.843.80$6,251
Oct 20102,36078.103.51$8,281
Sep 20103,57672.633.98$14,231
Aug 20104,22273.684.42$18,659
Jul 20103,15472.554.74$14,939
Jun 20103,54170.364.91$17,388
May 20103,04971.124.24$12,913
Apr 20103,50381.694.12$14,442
Mar 20103,70978.394.39$16,278
Feb 20103,42373.585.44$18,629
Jan 20103,64274.365.96$21,721
Dec 20093,81871.445.48$20,937
Nov 20093,52774.593.75$13,232
Oct 20093,76972.544.11$15,492
Sep 20092,33365.543.06$7,150
Aug 200924267.423.22$779
Jul 20092,41461.133.46$8,363
Jun 20092,41666.163.90$9,410
May 20092,20354.743.93$8,648
Apr 20092,16646.773.59$7,771
Mar 20092,89342.144.06$11,743
Feb 20092,61032.814.63$12,092
Jan 20092,98435.865.37$16,027
Dec 20083,25937.105.98$19,480
Nov 20083,19055.496.86$21,885
Oct 20083,23875.246.92$22,413
Sep 20082,171101.767.88$17,101
Aug 20082,707114.228.48$22,964
Jul 20083,226131.0811.39$36,742
Jun 20083,572131.3313.03$46,553
May 20083,921123.1711.57$45,383
Apr 20083,243110.3110.45$33,905
Mar 20083,200101.909.66$30,925
Feb 20082,84792.538.77$24,970
Jan 20083,34090.388.21$27,407
Dec 20073,33388.337.30$24,337
Nov 20073,42391.677.29$24,959
Oct 20072,31182.856.92$15,997
Sep 20071,30575.846.24$8,149
Aug 20071,65469.066.39$10,566
Jul 20071,76270.906.39$11,256
Jun 20071,79962.007.55$13,580
May 20072,00558.747.85$15,732
Apr 20072,14759.617.81$16,758
Mar 20072,49956.927.30$18,248
Feb 20072,20455.108.22$18,108
Jan 20072,06450.306.73$13,884
Dec 20062,58556.656.92$17,884
Nov 20061,29254.207.62$9,842

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.

Nov 2011 — as filed, then multipliedworked
Gas                1,360 Mcf  × $  3.31 =     $4,503

────────────────────────────────────────────────────
Month total                                   $4,503

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/249506 is the state's own key, not one this site invented.