JOHNSTON, META

Operated by HGI CORPORATION (P-5 383318) in the GARWOOD, NORTH (2100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126422District 03Field 34092750GasSaveExport
Value, all time
$337 k
Jan 1993 – Mar 2002
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
111
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
1969-10-14
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: AOF-1 AND AOF-2 EFFECTIVE 06/01/96.

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
GasProduction331,330 Mcf$337,255
Total$337,255

200,595 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.4053, -96.5550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.40528, -96.55501 · 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
2,502 ft
1 wells filed one
Completion to plug
14.4 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 2,502 ft.

Completions filed
Oct 1987
1 of 1 wells
Plug dates filed
Mar 2002
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0893169812,502 ftOct 1987Mar 2002Yes

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 (111)

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

111 months

Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 20016923.933.20$221
Jun 200114724.563.82$562
May 200153825.524.31$2,317
Apr 20011,33924.685.34$7,144
Mar 200142824.545.38$2,301
Feb 200145227.755.77$2,607
Jan 200176427.478.40$6,417
Dec 200064426.889.12$5,875
Nov 200036632.215.66$2,071
Oct 20009231.235.15$473
Sep 200031731.875.19$1,644
Aug 200062529.644.54$2,838
Jul 20001,14628.534.09$4,687
Jun 20001,02529.304.40$4,507
May 20001,39527.263.68$5,133
Apr 20002,35324.513.12$7,332
Mar 20002,33228.422.86$6,669
Feb 20002,04027.622.73$5,562
Jan 20002,20325.272.48$5,465
Dec 19992,39624.282.42$5,807
Nov 19992,90123.192.43$7,061
Oct 19992,52320.982.80$7,074
Sep 19992,64021.752.62$6,914
Aug 19992,09019.262.88$6,010
Jul 19992,78617.892.37$6,609
Jun 19992,74015.942.36$6,472
May 19992,75215.792.32$6,387
Apr 19992,73615.102.21$6,041
Mar 19993,69512.471.84$6,793
Feb 19993,4479.981.82$6,266
Jan 19993,45110.381.90$6,557
Dec 19982,9079.201.77$5,155
Nov 19983,60310.892.19$7,875
Oct 19983,00412.421.97$5,916
Sep 19984,24012.592.08$8,830
Aug 19984,48111.301.91$8,547
Jul 19984,55811.742.24$10,197
Jun 19983,71111.242.24$8,303
May 19983,48012.622.21$7,678
Apr 19983,16613.042.51$7,932
Mar 19983,55512.802.31$8,210
Feb 19983,45213.952.30$7,937
Jan 19984,49214.702.15$9,679
Dec 19974,40016.322.41$10,609
Nov 19976818.193.09$210
Oct 19972,96719.253.15$9,346
Sep 19973,91817.742.95$11,577
Aug 19973,39217.862.55$8,666
Jul 19973,30717.582.25$7,431
Jun 19973,39117.242.26$7,654
May 19973,44918.972.31$7,962
Apr 19971,73517.882.08$3,614
Mar 19978318.951.94$161
Feb 19971,97020.492.21$4,346
Jan 19974,97423.483.54$17,606
Dec 19963,39423.32$0
Nov 19962,95321.97$0
Oct 19962,88523.31$0
Sep 19961,43522.22$0
Aug 19962,81720.26$0
Jul 19962,64219.55$0
Jun 19961,71518.73$0
May 19964,00519.43$0
Apr 19963,68521.51$0
Mar 19963,73619.38$0
Feb 19962,82816.98$0
Jan 19963,24917.07$0
Dec 19953,93817.19$0
Nov 19952,71916.00$0
Oct 19953,50815.43$0
Sep 19952,99516.18$0
Aug 19954,23915.92$0
Jul 19954,10315.24$0
Jun 19954,81116.41$0
May 19953,66917.56$0
Apr 19954,23417.73$0
Mar 19954,57816.44$0
Feb 19952,93316.58$0
Jan 19952,97315.92$0
Dec 19945,10015.03$0
Nov 19944,02515.90$0
Oct 19944,29715.58$0
Sep 19944,34515.29$0
Aug 19943,75916.13$0
Jul 19944,84817.56$0
Jun 19943,12617.09$0
May 19944,16315.88$0
Apr 19944,49614.14$0
Mar 19944,78412.46$0
Feb 19945,64212.50$0
Jan 19945,52012.66$0
Dec 19936,44812.33$0
Nov 19935,51114.49$0
Oct 19935,65915.85$0
Sep 19935,58715.03$0
Aug 19934,53215.66$0
Jul 19934,66515.46$0
Jun 19934,82216.79$0
May 19935,48317.68$0
Apr 19936,55018.05$0
Mar 19936,07118.14$0
Feb 19936,10417.90$0
Jan 19935,01416.93$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.

Jul 2001 — as filed, then multipliedworked
Gas                   69 Mcf  × $  3.20 =       $221

────────────────────────────────────────────────────
Month total                                     $221

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. 03/G/126422 is the state's own key, not one this site invented.