GALVESTON TOWNSITE UNIT -3-

Name: GALVESTON TOWNSITE UNIT -3- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MITCHELL ENERGY CORPORATION (P-5 570655) in the LAFITTES GOLD (MIOCENE D-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138424District 03Field 51264166CondensateGasSave Export

Value, all time

$359 k

Jan 1993 – Dec 2000

Value, last 12 filed months

$73 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The LAFITTES GOLD (MIOCENE D-3) field

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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

1971-02-02

as the register files it

Field class

Oil and 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 10/01/96.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	4,379 bbl	$70,160
Gas	Production	1,101,856 Mcf	$289,206
Total			$359,367

997,196 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 29.2929, -94.8137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.29288, -94.81368 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,785 ft

1 wells filed one

Completion to plug

6.9 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 8,785 ft.

Completions filed

Dec 2000

1 of 1 wells

Plug dates filed

Nov 2007

1 of 1 wells

Last completion to plug: a median of 6.9 years across the 1 well that filed both dates, with the middle half between 6.9 years and 6.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16731176	3	8,785 ft	Dec 2000	Nov 2007	Yes

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 (96)

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

96 months


Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	1,500	32.21	5.66	$8,487
Oct 2000	0	1,751	31.23	5.15	$9,010
Sep 2000	0	2,876	31.87	5.19	$14,916
Aug 2000	1	2,621	29.64	4.54	$11,931
Jul 2000	0	2,900	28.53	4.09	$11,860
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	1	0	24.51	3.12	$25
Mar 2000	0	1,926	28.42	2.86	$5,508
Feb 2000	0	2,003	27.62	2.73	$5,461
Jan 2000	0	2,462	25.27	2.48	$6,107
Dec 1999	4	3,463	24.28	2.42	$8,490
Nov 1999	0	3,436	23.19	2.43	$8,363
Oct 1999	0	6,272	20.98	2.80	$17,585
Sep 1999	20	8,985	21.75	2.62	$23,965
Aug 1999	0	14,006	19.26	2.88	$40,276
Jul 1999	0	521	17.89	2.37	$1,236
Jun 1999	0	419	15.94	2.36	$990
May 1999	0	437	15.79	2.32	$1,014
Apr 1999	0	186	15.10	2.21	$411
Mar 1999	0	380	12.47	1.84	$699
Feb 1999	0	416	9.98	1.82	$756
Jan 1999	0	411	10.38	1.90	$781
Dec 1998	0	330	9.20	1.77	$585
Nov 1998	0	100	10.89	2.19	$219
Oct 1998	0	220	12.42	1.97	$433
Sep 1998	0	460	12.59	2.08	$958
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	4	0	11.74	2.24	$47
Jun 1998	7	2,885	11.24	2.24	$6,533
May 1998	3	3,686	12.62	2.21	$8,170
Apr 1998	13	372	13.04	2.51	$1,102
Mar 1998	5	6,428	12.80	2.31	$14,909
Feb 1998	0	21	13.95	2.30	$48
Jan 1998	2	8	14.70	2.15	$47
Dec 1997	6	1,185	16.32	2.41	$2,955
Nov 1997	3	1,113	18.19	3.09	$3,492
Oct 1997	2	998	19.25	3.15	$3,182
Sep 1997	4	1,254	17.74	2.95	$3,776
Aug 1997	5	292	17.86	2.55	$835
Jul 1997	5	3,817	17.58	2.25	$8,664
Jun 1997	5	2,370	17.24	2.26	$5,436
May 1997	8	3,688	18.97	2.31	$8,666
Apr 1997	8	5,028	17.88	2.08	$10,615
Mar 1997	8	4,608	18.95	1.94	$9,087
Feb 1997	11	5,759	20.49	2.21	$12,929
Jan 1997	8	3,067	23.48	3.54	$11,044
Dec 1996	20	3,949	23.32	—	$466
Nov 1996	31	6,828	21.97	—	$681
Oct 1996	14	13,581	23.31	—	$326
Sep 1996	30	10,938	22.22	—	$667
Aug 1996	19	12,741	20.26	—	$385
Jul 1996	22	11,656	19.55	—	$430
Jun 1996	9	5,514	18.73	—	$169
May 1996	24	6,334	19.43	—	$466
Apr 1996	23	11,438	21.51	—	$495
Mar 1996	18	10,460	19.38	—	$349
Feb 1996	14	11,588	16.98	—	$238
Jan 1996	23	12,518	17.07	—	$393
Dec 1995	40	14,123	17.19	—	$688
Nov 1995	47	12,237	16.00	—	$752
Oct 1995	13	11,824	15.43	—	$201
Sep 1995	62	12,000	16.18	—	$1,003
Aug 1995	79	11,727	15.92	—	$1,258
Jul 1995	23	11,315	15.24	—	$351
Jun 1995	30	7,189	16.41	—	$492
May 1995	31	10,422	17.56	—	$544
Apr 1995	41	11,137	17.73	—	$727
Mar 1995	33	12,632	16.44	—	$543
Feb 1995	36	13,129	16.58	—	$597
Jan 1995	41	14,053	15.92	—	$653
Dec 1994	27	14,385	15.03	—	$406
Nov 1994	27	15,474	15.90	—	$429
Oct 1994	29	19,853	15.58	—	$452
Sep 1994	46	14,261	15.29	—	$703
Aug 1994	87	12,197	16.13	—	$1,403
Jul 1994	114	29,697	17.56	—	$2,002
Jun 1994	128	30,133	17.09	—	$2,188
May 1994	137	31,556	15.88	—	$2,176
Apr 1994	177	38,581	14.14	—	$2,503
Mar 1994	184	39,320	12.46	—	$2,293
Feb 1994	169	37,814	12.50	—	$2,113
Jan 1994	215	38,531	12.66	—	$2,722
Dec 1993	179	37,958	12.33	—	$2,207
Nov 1993	183	39,577	14.49	—	$2,652
Oct 1993	177	40,267	15.85	—	$2,805
Sep 1993	177	37,858	15.03	—	$2,660
Aug 1993	164	35,556	15.66	—	$2,568
Jul 1993	154	34,255	15.46	—	$2,381
Jun 1993	168	30,885	16.79	—	$2,821
May 1993	174	32,507	17.68	—	$3,076
Apr 1993	184	30,571	18.05	—	$3,321
Mar 1993	218	32,494	18.14	—	$3,955
Feb 1993	206	30,447	17.90	—	$3,687
Jan 1993	199	33,686	16.93	—	$3,369

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 2000 — as filed, then multipliedworked

Condensate             0 bbl  × $ 32.21 =         $0
Gas                1,500 Mcf  × $  5.66 =     $8,487

────────────────────────────────────────────────────
Month total                                   $8,487

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/138424 is the state's own key, not one this site invented.