GALVESTON TOWNSITE UNIT 3

Name: GALVESTON TOWNSITE UNIT 3 lease production and value, Jun 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WAGNER OIL COMPANY (P-5 891175) in the LAFITTES GOLD (MIOCENE R-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155155District 03Field 51264790CondensateGasSave Export

Value, all time

$5.5 M

Jun 1995 – Apr 2005

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

119

no gaps in the span

Streams

condensate, gas

The LAFITTES GOLD (MIOCENE R-2) 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 leases and 1 wells, and the rule below applies to all of them.

Discovered

1974-06-01

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: “ONE WELL FIELD EFF 12-1-91”

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	24,470 bbl	$478,846
Gas	Production	2,430,656 Mcf	$4,987,035
Total			$5,465,880

776,038 Mcf of this lease's gas, across 19 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 29.2905, -94.8147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.29053, -94.81465 · 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

9,606 ft

1 wells filed one

Completion to plug

2.5 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 9,606 ft.

Completions filed

Apr 2005

1 of 1 wells

Plug dates filed

Oct 2007

1 of 1 wells

Last completion to plug: a median of 2.5 years across the 1 well that filed both dates, with the middle half between 2.5 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16730026	1	9,606 ft	Apr 2005	Oct 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 (119)

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

119 months


Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	102	50.37	7.15	$730
Feb 2005	0	89	45.22	6.31	$562
Jan 2005	0	143	43.16	6.32	$904
Dec 2004	0	96	39.86	6.75	$648
Nov 2004	0	100	45.28	6.33	$633
Oct 2004	0	177	49.70	6.52	$1,153
Sep 2004	0	141	43.24	5.28	$745
Aug 2004	0	111	42.37	5.55	$616
Jul 2004	0	178	38.28	6.08	$1,083
Jun 2004	0	156	36.10	6.43	$1,004
May 2004	0	200	37.48	6.49	$1,299
Apr 2004	0	117	34.47	5.86	$685
Mar 2004	0	148	34.36	5.53	$818
Feb 2004	0	170	32.45	5.51	$937
Jan 2004	0	155	32.03	6.30	$976
Dec 2003	0	160	30.26	6.30	$1,008
Nov 2003	0	130	28.80	4.60	$597
Oct 2003	0	194	28.17	4.76	$923
Sep 2003	0	220	26.31	4.75	$1,045
Aug 2003	0	262	29.76	5.13	$1,344
Jul 2003	0	289	29.41	5.17	$1,494
Jun 2003	0	264	28.56	5.98	$1,580
May 2003	0	247	26.59	5.97	$1,475
Apr 2003	0	227	26.67	5.41	$1,227
Mar 2003	0	221	31.14	6.10	$1,347
Feb 2003	0	151	33.48	7.93	$1,197
Jan 2003	0	198	30.31	5.58	$1,105
Dec 2002	0	206	26.91	4.85	$1,000
Nov 2002	0	297	24.66	4.14	$1,229
Oct 2002	0	297	26.46	4.23	$1,256
Sep 2002	0	677	27.44	3.64	$2,461
Aug 2002	0	569	25.96	3.16	$1,800
Jul 2002	0	605	24.58	3.06	$1,852
Jun 2002	0	633	23.73	3.34	$2,113
May 2002	2	621	24.66	3.58	$2,275
Apr 2002	22	710	23.65	3.51	$3,014
Mar 2002	41	915	22.00	3.10	$3,741
Feb 2002	41	2,164	18.22	2.38	$5,888
Jan 2002	45	6,285	17.17	2.38	$15,704
Dec 2001	9	4,564	16.93	2.36	$10,943
Nov 2001	1	287	18.07	2.41	$708
Oct 2001	0	243	19.78	2.53	$615
Sep 2001	1	319	24.26	2.25	$742
Aug 2001	18	1,195	24.87	3.05	$4,096
Jul 2001	56	14,157	23.93	3.20	$46,601
Jun 2001	56	13,441	24.56	3.82	$52,776
May 2001	49	13,355	25.52	4.31	$58,775
Apr 2001	90	14,506	24.68	5.34	$79,615
Mar 2001	176	19,078	24.54	5.38	$106,891
Feb 2001	164	15,128	27.75	5.77	$91,795
Jan 2001	551	50,957	27.47	8.40	$443,112
Dec 2000	0	18,275	26.88	9.12	$166,714
Nov 2000	79	16,632	32.21	5.66	$96,648
Oct 2000	405	15,074	31.23	5.15	$90,211
Sep 2000	21	19,501	31.87	5.19	$101,811
Aug 2000	872	20,848	29.64	4.54	$120,512
Jul 2000	121	23,301	28.53	4.09	$98,747
Jun 2000	0	23,532	29.30	4.40	$103,476
May 2000	104	24,990	27.26	3.68	$94,792
Apr 2000	772	24,361	24.51	3.12	$94,831
Mar 2000	32	27,889	28.42	2.86	$80,665
Feb 2000	50	25,557	27.62	2.73	$71,062
Jan 2000	126	27,314	25.27	2.48	$70,936
Dec 1999	556	28,493	24.28	2.42	$82,559
Nov 1999	144	19,444	23.19	2.43	$50,666
Oct 1999	377	29,160	20.98	2.80	$89,666
Sep 1999	834	28,500	21.75	2.62	$92,777
Aug 1999	188	33,228	19.26	2.88	$99,171
Jul 1999	712	29,304	17.89	2.37	$82,258
Jun 1999	53	37,010	15.94	2.36	$88,266
May 1999	20	34,988	15.79	2.32	$81,524
Apr 1999	591	24,680	15.10	2.21	$63,419
Mar 1999	0	15,582	12.47	1.84	$28,645
Feb 1999	0	18,604	9.98	1.82	$33,818
Jan 1999	477	17,424	10.38	1.90	$38,056
Dec 1998	0	24,582	9.20	1.77	$43,592
Nov 1998	0	20,912	10.89	2.19	$45,708
Oct 1998	220	22,458	12.42	1.97	$46,957
Sep 1998	190	23,598	12.59	2.08	$51,538
Aug 1998	196	23,835	11.30	1.91	$47,676
Jul 1998	195	24,857	11.74	2.24	$57,901
Jun 1998	249	29,351	11.24	2.24	$68,465
May 1998	326	27,974	12.62	2.21	$65,834
Apr 1998	352	26,380	13.04	2.51	$70,681
Mar 1998	346	33,821	12.80	2.31	$82,536
Feb 1998	285	32,869	13.95	2.30	$79,546
Jan 1998	395	37,151	14.70	2.15	$85,859
Dec 1997	536	42,131	16.32	2.41	$110,330
Nov 1997	390	43,446	18.19	3.09	$141,267
Oct 1997	340	45,188	19.25	3.15	$148,879
Sep 1997	533	45,204	17.74	2.95	$143,028
Aug 1997	504	48,404	17.86	2.55	$132,661
Jul 1997	464	50,777	17.58	2.25	$122,250
Jun 1997	451	49,051	17.24	2.26	$118,493
May 1997	567	52,442	18.97	2.31	$131,818
Apr 1997	550	50,307	17.88	2.08	$114,612
Mar 1997	656	53,154	18.95	1.94	$115,504
Feb 1997	631	47,847	20.49	2.21	$118,475
Jan 1997	547	49,333	23.48	3.54	$187,468
Dec 1996	580	46,596	23.32	—	$13,526
Nov 1996	445	42,103	21.97	—	$9,777
Oct 1996	202	44,960	23.31	—	$4,709
Sep 1996	550	41,031	22.22	—	$12,221
Aug 1996	361	43,915	20.26	—	$7,314
Jul 1996	557	45,500	19.55	—	$10,889
Jun 1996	380	44,928	18.73	—	$7,117
May 1996	586	48,959	19.43	—	$11,386
Apr 1996	484	43,725	21.51	—	$10,411
Mar 1996	514	46,705	19.38	—	$9,961
Feb 1996	472	41,544	16.98	—	$8,015
Jan 1996	553	41,205	17.07	—	$9,440
Dec 1995	555	44,420	17.19	—	$9,540
Nov 1995	725	42,520	16.00	—	$11,600
Oct 1995	100	44,538	15.43	—	$1,543
Sep 1995	261	41,216	16.18	—	$4,223
Aug 1995	237	44,453	15.92	—	$3,773
Jul 1995	110	26,278	15.24	—	$1,676
Jun 1995	19	1,442	16.41	—	$312

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.

Mar 2005 — as filed, then multipliedworked

Condensate             0 bbl  × $ 50.37 =         $0
Gas                  102 Mcf  × $  7.15 =       $730

────────────────────────────────────────────────────
Month total                                     $730

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/155155 is the state's own key, not one this site invented.