VARISCO

Operated by GEOSOUTHERN ENERGY CORPORATION (P-5 301287) 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 159125District 03Field 34773550CondensateGasSaveExport
Value, all time
$65 k
Jun 1996 – Aug 2005
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
111
no gaps in the span
Streams
2
condensate, 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 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.

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
CondensateDisposition1,414 bbl$27,944
GasProduction20,845 Mcf$37,026
Total$64,970

5,500 Mcf of this lease's gas, across 7 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 30.4878, -96.3855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48778, -96.38547 · 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
13,043 ft
1 wells filed one
Completion to plug
12.5 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 13,043 ft.

Completions filed
Feb 1993
1 of 1 wells
Plug dates filed
Aug 2005
1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-05133351113,043 ftFeb 1993Aug 2005Yes

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

Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200562045.226.65$2,804
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 200055031.235.15$1,718
Sep 200004531.875.19$233
Aug 200004829.644.54$218
Jul 2000012628.534.09$515
Jun 2000012629.304.40$554
May 2000014127.263.68$519
Apr 2000017824.513.12$555
Mar 2000021928.422.86$626
Feb 2000022727.622.73$619
Jan 200018122325.272.48$5,127
Dec 1999020624.282.42$499
Nov 1999022623.192.43$550
Oct 1999023820.982.80$667
Sep 1999017321.752.62$453
Aug 1999019519.262.88$561
Jul 1999024217.892.37$574
Jun 1999027415.942.36$647
May 1999025015.792.32$580
Apr 1999025815.102.21$570
Mar 1999026412.471.84$485
Feb 19991792829.981.82$2,299
Jan 1999028610.381.90$543
Dec 199803219.201.77$569
Nov 1998039010.892.19$852
Oct 1998130412.421.97$611
Sep 1998034312.592.08$714
Aug 1998032811.301.91$626
Jul 199818525911.742.24$2,751
Jun 1998241811.242.24$958
May 1998017112.622.21$377
Apr 1998016713.042.51$418
Mar 1998020912.802.31$483
Feb 1998024513.952.30$563
Jan 1998238914.702.15$868
Dec 1997148116.322.41$1,176
Nov 1997030918.193.09$954
Oct 1997034119.253.15$1,074
Sep 1997053717.742.95$1,587
Aug 199715659917.862.55$4,316
Jul 1997061117.582.25$1,373
Jun 199718157817.242.26$4,425
May 1997078618.972.31$1,814
Apr 19973273517.882.08$2,103
Mar 199701,10118.951.94$2,135
Feb 1997099220.492.21$2,188
Jan 1997050423.483.54$1,784
Dec 1996072023.32$0
Nov 19961821,51721.97$3,999
Oct 199601,75323.31$0
Sep 199619592622.22$4,333
Aug 1996013720.26$0
Jul 1996021219.55$0
Jun 1996023518.73$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.

May 2005 — as filed, then multipliedworked
Condensate            62 bbl  × $ 45.22 =     $2,804
Gas                    0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                   $2,804

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/159125 is the state's own key, not one this site invented.