GOLDAPP

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

Operated by MARATHON OIL COMPANY (P-5 525380) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142324District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$4.2 M

Jan 1993 – Nov 2004

Value, last 12 filed months

$235 k

at the published price for each month

Months reported

143

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered

1978-08-01

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1994-10-26	130670
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	124,125 bbl	$2,257,085
Gas	Production	2,060,059 Mcf	$1,900,743
Total			$4,157,829

1,477,739 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 30.0526, -96.8501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.05261, -96.85010 · 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

0.0%

0 of 1 wells

Median depth

13,479 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 13,479 ft.

Completions filed

Nov 2004

1 of 1 wells

1 well


42-14932615	10	13,479 ft	Nov 2004	—	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 (143)

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

143 months


Nov 2004	89	0	45.28	6.33	$4,030
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	178	2,508	43.24	5.28	$20,949
Aug 2004	182	2,610	42.37	5.55	$22,199
Jul 2004	365	2,742	38.28	6.08	$30,655
Jun 2004	183	2,530	36.10	6.43	$22,882
May 2004	183	2,801	37.48	6.49	$25,050
Apr 2004	180	2,677	34.47	5.86	$21,888
Mar 2004	180	2,838	34.36	5.53	$21,879
Feb 2004	184	3,253	32.45	5.51	$23,894
Jan 2004	364	4,062	32.03	6.30	$37,248
Dec 2003	0	686	30.26	6.30	$4,323
Nov 2003	363	3,977	28.80	4.60	$28,729
Oct 2003	0	750	28.17	4.76	$3,570
Sep 2003	534	5,775	26.31	4.75	$41,477
Aug 2003	0	632	29.76	5.13	$3,242
Jul 2003	358	3,059	29.41	5.17	$26,346
Jun 2003	0	2,067	28.56	5.98	$12,367
May 2003	362	2,425	26.59	5.97	$24,109
Apr 2003	184	4,738	26.67	5.41	$30,527
Mar 2003	357	2,761	31.14	6.10	$27,948
Feb 2003	549	7,679	33.48	7.93	$79,243
Jan 2003	362	3,095	30.31	5.58	$28,249
Dec 2002	0	1,515	26.91	4.85	$7,353
Nov 2002	177	625	24.66	4.14	$6,950
Oct 2002	178	3,030	26.46	4.23	$17,524
Sep 2002	531	6,206	27.44	3.64	$37,131
Aug 2002	0	644	25.96	3.16	$2,038
Jul 2002	356	4,787	24.58	3.06	$23,407
Jun 2002	356	8,412	23.73	3.34	$36,529
May 2002	0	671	24.66	3.58	$2,405
Apr 2002	0	499	23.65	3.51	$1,753
Mar 2002	184	2,216	22.00	3.10	$10,924
Feb 2002	180	2,868	18.22	2.38	$10,093
Jan 2002	350	4,663	17.17	2.38	$17,087
Dec 2001	364	5,257	16.93	2.36	$18,592
Nov 2001	363	5,254	18.07	2.41	$19,198
Oct 2001	359	5,786	19.78	2.53	$21,733
Sep 2001	541	5,754	24.26	2.25	$26,079
Aug 2001	358	5,790	24.87	3.05	$26,581
Jul 2001	731	8,909	23.93	3.20	$45,976
Jun 2001	181	5,745	24.56	3.82	$26,415
May 2001	348	5,502	25.52	4.31	$32,580
Apr 2001	366	4,632	24.68	5.34	$33,746
Mar 2001	726	14,662	24.54	5.38	$96,645
Feb 2001	184	912	27.75	5.77	$10,366
Jan 2001	919	8,458	27.47	8.40	$96,282
Dec 2000	736	8,561	26.88	9.12	$97,881
Nov 2000	535	2,887	32.21	5.66	$33,567
Oct 2000	181	612	31.23	5.15	$8,802
Sep 2000	178	629	31.87	5.19	$8,935
Aug 2000	1	1,596	29.64	4.54	$7,277
Jul 2000	544	7,520	28.53	4.09	$46,275
Jun 2000	539	6,463	29.30	4.40	$44,212
May 2000	365	5,156	27.26	3.68	$28,923
Apr 2000	541	4,123	24.51	3.12	$26,107
Mar 2000	358	4,528	28.42	2.86	$23,123
Feb 2000	365	4,172	27.62	2.73	$21,456
Jan 2000	374	3,908	25.27	2.48	$19,145
Dec 1999	363	4,510	24.28	2.42	$19,745
Nov 1999	376	2,158	23.19	2.43	$13,972
Oct 1999	542	6,431	20.98	2.80	$29,402
Sep 1999	422	4,053	21.75	2.62	$19,793
Aug 1999	369	4,648	19.26	2.88	$20,473
Jul 1999	359	4,778	17.89	2.37	$17,758
Jun 1999	360	4,690	15.94	2.36	$16,817
May 1999	362	3,970	15.79	2.32	$14,930
Apr 1999	179	2,558	15.10	2.21	$8,351
Mar 1999	359	4,026	12.47	1.84	$11,878
Feb 1999	365	4,725	9.98	1.82	$12,232
Jan 1999	556	6,224	10.38	1.90	$17,597
Dec 1998	185	2,429	9.20	1.77	$6,009
Nov 1998	184	3,688	10.89	2.19	$10,065
Oct 1998	369	6,986	12.42	1.97	$18,340
Sep 1998	727	6,558	12.59	2.08	$22,811
Aug 1998	551	10,840	11.30	1.91	$26,902
Jul 1998	550	12,398	11.74	2.24	$34,195
Jun 1998	543	7,944	11.24	2.24	$23,876
May 1998	554	8,953	12.62	2.21	$26,745
Apr 1998	741	12,463	13.04	2.51	$40,887
Mar 1998	561	12,324	12.80	2.31	$35,642
Feb 1998	366	8,154	13.95	2.30	$23,853
Jan 1998	715	10,672	14.70	2.15	$33,506
Dec 1997	562	13,219	16.32	2.41	$41,044
Nov 1997	925	12,988	18.19	3.09	$56,936
Oct 1997	734	14,918	19.25	3.15	$61,119
Sep 1997	736	12,404	17.74	2.95	$49,709
Aug 1997	913	16,013	17.86	2.55	$57,215
Jul 1997	898	14,879	17.58	2.25	$49,219
Jun 1997	1,066	15,673	17.24	2.26	$53,755
May 1997	1,045	18,067	18.97	2.31	$61,531
Apr 1997	1,431	21,603	17.88	2.08	$70,581
Mar 1997	2,857	33,555	18.95	1.94	$119,208
Feb 1997	191	7,402	20.49	2.21	$20,242
Jan 1997	1,971	18,802	23.48	3.54	$112,833
Dec 1996	360	11,740	23.32	—	$8,395
Nov 1996	1,074	15,969	21.97	—	$23,596
Oct 1996	360	5,436	23.31	—	$8,392
Sep 1996	1,062	17,927	22.22	—	$23,598
Aug 1996	706	11,179	20.26	—	$14,304
Jul 1996	892	12,418	19.55	—	$17,439
Jun 1996	713	10,998	18.73	—	$13,354
May 1996	712	11,303	19.43	—	$13,834
Apr 1996	1,254	15,526	21.51	—	$26,974
Mar 1996	719	12,154	19.38	—	$13,934
Feb 1996	1,276	17,395	16.98	—	$21,666
Jan 1996	364	9,614	17.07	—	$6,213
Dec 1995	721	8,285	17.19	—	$12,394
Nov 1995	722	12,578	16.00	—	$11,552
Oct 1995	1,073	20,857	15.43	—	$16,556
Sep 1995	1,432	20,803	16.18	—	$23,170
Aug 1995	712	15,676	15.92	—	$11,335
Jul 1995	356	9,146	15.24	—	$5,425
Jun 1995	354	9,998	16.41	—	$5,809
May 1995	354	16,822	17.56	—	$6,216
Apr 1995	712	15,490	17.73	—	$12,624
Mar 1995	359	17,943	16.44	—	$5,902
Feb 1995	727	19,041	16.58	—	$12,054
Jan 1995	726	18,545	15.92	—	$11,558
Dec 1994	1,447	25,747	15.03	—	$21,748
Nov 1994	1,434	27,790	15.90	—	$22,801
Oct 1994	1,430	30,560	15.58	—	$22,279
Sep 1994	1,427	32,113	15.29	—	$21,819
Aug 1994	1,396	31,359	16.13	—	$22,517
Jul 1994	1,425	33,457	17.56	—	$25,023
Jun 1994	1,795	34,317	17.09	—	$30,677
May 1994	1,629	36,471	15.88	—	$25,869
Apr 1994	1,815	36,835	14.14	—	$25,664
Mar 1994	2,000	38,084	12.46	—	$24,920
Feb 1994	2,006	35,638	12.50	—	$25,075
Jan 1994	1,964	40,970	12.66	—	$24,864
Dec 1993	2,500	42,593	12.33	—	$30,825
Nov 1993	2,513	43,990	14.49	—	$36,413
Oct 1993	2,535	49,250	15.85	—	$40,180
Sep 1993	2,686	52,727	15.03	—	$40,371
Aug 1993	2,870	53,787	15.66	—	$44,944
Jul 1993	3,777	58,748	15.46	—	$58,392
Jun 1993	3,062	61,149	16.79	—	$51,411
May 1993	4,304	68,642	17.68	—	$76,095
Apr 1993	4,183	67,029	18.05	—	$75,503
Mar 1993	4,358	72,455	18.14	—	$79,054
Feb 1993	5,373	75,397	17.90	—	$96,177
Jan 1993	6,843	91,788	16.93	—	$115,852

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 2004 — as filed, then multipliedworked

Condensate            89 bbl  × $ 45.28 =     $4,030
Gas                    0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                   $4,030

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/142324 is the state's own key, not one this site invented.