GALVESTON TOWNSITE UNIT 1

Name: GALVESTON TOWNSITE UNIT 1 lease production and value, Oct 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 D-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 157862District 03Field 51264166CondensateGasSave Export

Value, all time

$276 k

Oct 1995 – May 2003

Value, last 12 filed months

$2 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	9,499 bbl	$189,247
Gas	Production	219,814 Mcf	$86,304
Total			$275,551

185,632 Mcf of this lease's gas, across 15 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 29.2974, -94.8230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.29741, -94.82297 · 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

8,805 ft

1 wells filed one

Completion to plug

4.4 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 8,805 ft.

Completions filed

May 2003

1 of 1 wells

Plug dates filed

Oct 2007

1 of 1 wells

Last completion to plug: a median of 4.4 years across the 1 well that filed both dates, with the middle half between 4.4 years and 4.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16702096	1	8,805 ft	May 2003	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 (92)

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

92 months


May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	4	0	33.48	7.93	$134
Jan 2003	11	91	30.31	5.58	$841
Dec 2002	0	8	26.91	4.85	$39
Nov 2002	0	28	24.66	4.14	$116
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	50	27.44	3.64	$182
Aug 2002	0	28	25.96	3.16	$89
Jul 2002	0	30	24.58	3.06	$92
Jun 2002	0	37	23.73	3.34	$124
May 2002	0	29	24.66	3.58	$104
Apr 2002	0	40	23.65	3.51	$140
Mar 2002	0	39	22.00	3.10	$121
Feb 2002	0	81	18.22	2.38	$192
Jan 2002	0	74	17.17	2.38	$176
Dec 2001	0	127	16.93	2.36	$300
Nov 2001	0	80	18.07	2.41	$192
Oct 2001	0	32	19.78	2.53	$81
Sep 2001	0	33	24.26	2.25	$74
Aug 2001	0	30	24.87	3.05	$92
Jul 2001	0	29	23.93	3.20	$93
Jun 2001	0	30	24.56	3.82	$115
May 2001	0	28	25.52	4.31	$121
Apr 2001	0	31	24.68	5.34	$165
Mar 2001	0	30	24.54	5.38	$161
Feb 2001	0	73	27.75	5.77	$421
Jan 2001	0	64	27.47	8.40	$538
Dec 2000	0	66	26.88	9.12	$602
Nov 2000	0	66	32.21	5.66	$373
Oct 2000	0	31	31.23	5.15	$160
Sep 2000	0	30	31.87	5.19	$156
Aug 2000	0	30	29.64	4.54	$136
Jul 2000	0	35	28.53	4.09	$143
Jun 2000	0	21	29.30	4.40	$92
May 2000	0	23	27.26	3.68	$85
Apr 2000	0	48	24.51	3.12	$150
Mar 2000	0	41	28.42	2.86	$117
Feb 2000	0	49	27.62	2.73	$134
Jan 2000	0	48	25.27	2.48	$119
Dec 1999	0	48	24.28	2.42	$116
Nov 1999	0	35	23.19	2.43	$85
Oct 1999	0	318	20.98	2.80	$892
Sep 1999	0	205	21.75	2.62	$537
Aug 1999	0	231	19.26	2.88	$664
Jul 1999	1	38	17.89	2.37	$108
Jun 1999	0	101	15.94	2.36	$239
May 1999	0	36	15.79	2.32	$84
Apr 1999	2	58	15.10	2.21	$158
Mar 1999	0	16	12.47	1.84	$29
Feb 1999	0	20	9.98	1.82	$36
Jan 1999	4	34	10.38	1.90	$106
Dec 1998	0	39	9.20	1.77	$69
Nov 1998	0	27	10.89	2.19	$59
Oct 1998	6	49	12.42	1.97	$171
Sep 1998	6	144	12.59	2.08	$375
Aug 1998	0	193	11.30	1.91	$368
Jul 1998	4	417	11.74	2.24	$980
Jun 1998	7	391	11.24	2.24	$953
May 1998	9	268	12.62	2.21	$705
Apr 1998	5	197	13.04	2.51	$559
Mar 1998	1	356	12.80	2.31	$835
Feb 1998	0	204	13.95	2.30	$469
Jan 1998	6	233	14.70	2.15	$590
Dec 1997	12	158	16.32	2.41	$577
Nov 1997	2	125	18.19	3.09	$422
Oct 1997	32	55	19.25	3.15	$789
Sep 1997	196	2,316	17.74	2.95	$10,321
Aug 1997	293	2,777	17.86	2.55	$12,327
Jul 1997	365	2,393	17.58	2.25	$11,794
Jun 1997	227	2,166	17.24	2.26	$8,803
May 1997	240	2,759	18.97	2.31	$10,922
Apr 1997	338	2,823	17.88	2.08	$11,923
Mar 1997	664	4,710	18.95	1.94	$21,716
Feb 1997	1,203	4,365	20.49	2.21	$34,278
Jan 1997	1,418	4,267	23.48	3.54	$48,399
Dec 1996	1,371	4,761	23.32	—	$31,972
Nov 1996	362	10,432	21.97	—	$7,953
Oct 1996	53	11,569	23.31	—	$1,235
Sep 1996	84	12,956	22.22	—	$1,866
Aug 1996	47	13,513	20.26	—	$952
Jul 1996	48	17,795	19.55	—	$938
Jun 1996	30	15,182	18.73	—	$562
May 1996	44	13,407	19.43	—	$855
Apr 1996	30	14,916	21.51	—	$645
Mar 1996	32	14,937	19.38	—	$620
Feb 1996	363	11,151	16.98	—	$6,164
Jan 1996	894	16,436	17.07	—	$15,261
Dec 1995	621	12,352	17.19	—	$10,675
Nov 1995	464	15,375	16.00	—	$7,424
Oct 1995	0	850	15.43	—	$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.

Feb 2003 — as filed, then multipliedworked

Condensate             4 bbl  × $ 33.48 =       $134
Gas                    0 Mcf  × $  7.93 =         $0

────────────────────────────────────────────────────
Month total                                     $134

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/157862 is the state's own key, not one this site invented.