QUARRY OL

Name: QUARRY OL lease production and value, Jan 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PETROLEUM RESOURCE MANAGEMENT CO (P-5 660819) 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 162967District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$3.3 M

Jan 1997 – Jan 2024

Value, last 12 filed months

at the published price for each month

Months reported

325

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	1997-10-14	136514
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	31 bbl	$632
Gas	Production	1,130,680 Mcf	$3,327,920
Total			$3,328,551

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 30.4246, -96.0671. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.42464, -96.06715 · 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

18,587 ft

1 wells filed one

Completion to plug

21.1 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 18,587 ft.

Completions filed

Jan 2003

1 of 1 wells

Plug dates filed

Feb 2024

1 of 1 wells

Last completion to plug: a median of 21.1 years across the 1 well that filed both dates, with the middle half between 21.1 years and 21.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18530592	1H	18,587 ft	Jan 2003	Feb 2024	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 (325)

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

325 months


Jan 2024	0	0	73.02	3.30	$0
Dec 2023	0	0	71.26	2.61	$0
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	26	30.34	1.86	$48
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	76	55.30	2.75	$209
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	74	55.05	2.66	$197
Aug 2019	0	84	53.11	2.30	$194
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	75	52.78	2.49	$187
May 2019	0	81	58.48	2.74	$222
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	60	56.80	3.06	$184
Feb 2019	0	75	50.85	2.79	$209
Jan 2019	0	72	46.03	3.23	$232
Dec 2018	0	75	46.59	4.19	$314
Nov 2018	0	82	52.93	4.24	$347
Oct 2018	0	84	61.44	3.40	$285
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	81	59.40	3.07	$248
Jul 2018	0	80	65.14	2.93	$235
Jun 2018	0	86	60.18	3.08	$265
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	92	63.84	2.90	$267
Mar 2018	0	88	61.22	2.79	$245
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	54	57.27	2.92	$158
Nov 2017	0	101	55.42	3.12	$315
Oct 2017	0	110	49.29	2.98	$328
Sep 2017	0	119	47.52	3.09	$367
Aug 2017	0	51	45.37	3.00	$153
Jul 2017	0	107	43.87	3.09	$330
Jun 2017	0	103	42.49	3.09	$318
May 2017	0	111	45.37	3.26	$362
Apr 2017	0	107	47.93	3.21	$344
Mar 2017	0	102	46.77	2.98	$304
Feb 2017	0	108	50.45	2.95	$319
Jan 2017	0	118	49.41	3.42	$403
Dec 2016	0	107	48.76	3.72	$398
Nov 2016	0	124	42.49	2.64	$328
Oct 2016	0	106	46.19	3.09	$328
Sep 2016	0	86	41.55	3.10	$267
Aug 2016	0	110	41.44	2.92	$322
Jul 2016	0	63	41.62	2.92	$184
Jun 2016	0	107	45.35	2.69	$287
May 2016	0	108	42.52	1.99	$215
Apr 2016	0	133	36.56	1.99	$265
Mar 2016	0	107	33.01	1.79	$192
Feb 2016	0	139	26.47	2.06	$287
Jan 2016	0	100	27.35	2.36	$236
Dec 2015	0	131	32.36	2.00	$262
Nov 2015	0	139	38.79	2.17	$301
Oct 2015	0	150	43.55	2.43	$364
Sep 2015	0	112	42.99	2.76	$309
Aug 2015	0	153	40.16	2.87	$439
Jul 2015	0	152	48.15	2.95	$448
Jun 2015	0	144	56.15	2.88	$415
May 2015	0	136	55.21	2.96	$402
Apr 2015	0	162	49.82	2.71	$438
Mar 2015	0	142	42.89	2.93	$417
Feb 2015	0	104	44.66	2.98	$310
Jan 2015	0	209	43.43	3.10	$648
Dec 2014	0	131	54.69	3.59	$470
Nov 2014	0	150	70.46	4.25	$638
Oct 2014	0	168	78.30	3.90	$655
Sep 2014	0	199	86.16	4.05	$805
Aug 2014	0	189	89.39	4.04	$763
Jul 2014	0	188	96.56	4.18	$786
Jun 2014	0	222	98.16	4.74	$1,052
May 2014	0	197	94.73	4.73	$931
Apr 2014	0	320	95.94	4.81	$1,539
Mar 2014	0	139	95.89	5.06	$703
Feb 2014	0	136	97.40	6.19	$842
Jan 2014	0	112	90.40	4.86	$544
Dec 2013	0	133	91.82	4.35	$579
Nov 2013	0	274	88.85	3.74	$1,024
Oct 2013	0	378	97.42	3.78	$1,429
Sep 2013	0	660	104.11	3.72	$2,454
Aug 2013	0	24	104.25	3.52	$85
Jul 2013	0	94	102.52	3.72	$349
Jun 2013	0	16	94.40	3.93	$63
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	71	91.60	3.42	$243
Dec 2012	0	209	86.77	3.42	$715
Nov 2012	0	232	86.95	3.62	$841
Oct 2012	0	187	89.38	3.40	$636
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	41	91.61	2.49	$102
Apr 2012	0	31	101.65	2.00	$62
Mar 2012	0	34	105.05	2.22	$76
Feb 2012	0	220	101.10	2.57	$565
Jan 2012	0	379	98.09	2.73	$1,036
Dec 2011	0	111	96.87	3.24	$360
Nov 2011	0	119	95.72	3.31	$394
Oct 2011	0	223	84.98	3.65	$814
Sep 2011	0	297	83.62	3.99	$1,184
Aug 2011	0	272	83.40	4.15	$1,129
Jul 2011	0	325	94.14	4.52	$1,468
Jun 2011	0	218	92.90	4.64	$1,011
May 2011	0	457	98.13	4.40	$2,013
Apr 2011	0	204	105.96	4.33	$884
Mar 2011	0	480	96.36	4.06	$1,948
Feb 2011	0	218	85.64	4.18	$911
Jan 2011	0	405	86.50	4.59	$1,858
Dec 2010	0	507	85.73	4.35	$2,204
Nov 2010	0	437	80.84	3.80	$1,659
Oct 2010	0	461	78.10	3.51	$1,618
Sep 2010	0	250	72.63	3.98	$995
Aug 2010	0	437	73.68	4.42	$1,931
Jul 2010	0	439	72.55	4.74	$2,079
Jun 2010	0	406	70.36	4.91	$1,994
May 2010	0	419	71.12	4.24	$1,775
Apr 2010	0	310	81.69	4.12	$1,278
Mar 2010	0	655	78.39	4.39	$2,875
Feb 2010	0	452	73.58	5.44	$2,460
Jan 2010	0	410	74.36	5.96	$2,445
Dec 2009	0	504	71.44	5.48	$2,764
Nov 2009	0	923	74.59	3.75	$3,463
Oct 2009	0	141	72.54	4.11	$580
Sep 2009	0	396	65.54	3.06	$1,214
Aug 2009	0	612	67.42	3.22	$1,970
Jul 2009	0	226	61.13	3.46	$783
Jun 2009	0	506	66.16	3.90	$1,971
May 2009	0	415	54.74	3.93	$1,629
Apr 2009	0	519	46.77	3.59	$1,862
Mar 2009	0	533	42.14	4.06	$2,163
Feb 2009	0	553	32.81	4.63	$2,562
Jan 2009	0	605	35.86	5.37	$3,249
Dec 2008	0	544	37.10	5.98	$3,252
Nov 2008	0	718	55.49	6.86	$4,926
Oct 2008	0	1,002	75.24	6.92	$6,936
Sep 2008	0	796	101.76	7.88	$6,270
Aug 2008	0	692	114.22	8.48	$5,870
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	1,243	131.33	13.03	$16,200
May 2008	0	238	123.17	11.57	$2,755
Apr 2008	0	907	110.31	10.45	$9,483
Mar 2008	0	203	101.90	9.66	$1,962
Feb 2008	0	451	92.53	8.77	$3,956
Jan 2008	0	1,538	90.38	8.21	$12,620
Dec 2007	0	1,002	88.33	7.30	$7,317
Nov 2007	0	139	91.67	7.29	$1,014
Oct 2007	0	185	82.85	6.92	$1,281
Sep 2007	0	229	75.84	6.24	$1,430
Aug 2007	0	256	69.06	6.39	$1,635
Jul 2007	0	278	70.90	6.39	$1,776
Jun 2007	0	240	62.00	7.55	$1,812
May 2007	0	237	58.74	7.85	$1,860
Apr 2007	0	262	59.61	7.81	$2,045
Mar 2007	0	459	56.92	7.30	$3,352
Feb 2007	0	457	55.10	8.22	$3,755
Jan 2007	0	422	50.30	6.73	$2,839
Dec 2006	0	330	56.65	6.92	$2,283
Nov 2006	0	705	54.20	7.62	$5,370
Oct 2006	0	660	54.90	6.01	$3,969
Sep 2006	0	702	60.08	5.04	$3,536
Aug 2006	0	796	68.71	7.34	$5,843
Jul 2006	0	1,030	69.37	6.34	$6,533
Jun 2006	0	901	66.28	6.38	$5,752
May 2006	0	1,058	66.01	6.42	$6,798
Apr 2006	0	1,165	64.39	7.36	$8,575
Mar 2006	0	1,350	56.70	7.08	$9,562
Feb 2006	0	1,370	57.59	7.75	$10,619
Jan 2006	0	1,758	60.59	8.93	$15,705
Dec 2005	0	2,114	54.94	13.42	$28,360
Nov 2005	0	2,674	54.69	10.59	$28,313
Oct 2005	0	1,336	58.34	13.80	$18,431
Sep 2005	0	1,260	61.45	12.08	$15,220
Aug 2005	0	1,405	61.51	9.80	$13,765
Jul 2005	0	84	55.69	7.84	$659
Jun 2005	0	190	52.33	7.38	$1,402
May 2005	0	220	45.22	6.65	$1,463
Apr 2005	0	167	49.20	7.36	$1,229
Mar 2005	0	191	50.37	7.15	$1,367
Feb 2005	0	225	45.22	6.31	$1,420
Jan 2005	0	259	43.16	6.32	$1,637
Dec 2004	0	278	39.86	6.75	$1,877
Nov 2004	0	269	45.28	6.33	$1,703
Oct 2004	0	240	49.70	6.52	$1,564
Sep 2004	0	237	43.24	5.28	$1,252
Aug 2004	0	288	42.37	5.55	$1,599
Jul 2004	0	321	38.28	6.08	$1,953
Jun 2004	0	264	36.10	6.43	$1,698
May 2004	0	434	37.48	6.49	$2,819
Apr 2004	0	385	34.47	5.86	$2,256
Mar 2004	0	472	34.36	5.53	$2,610
Feb 2004	0	412	32.45	5.51	$2,270
Jan 2004	0	608	32.03	6.30	$3,830
Dec 2003	0	658	30.26	6.30	$4,146
Nov 2003	0	628	28.80	4.60	$2,886
Oct 2003	0	540	28.17	4.76	$2,570
Sep 2003	0	531	26.31	4.75	$2,522
Aug 2003	0	451	29.76	5.13	$2,314
Jul 2003	0	411	29.41	5.17	$2,125
Jun 2003	0	351	28.56	5.98	$2,100
May 2003	1	1	26.59	5.97	$33
Apr 2003	0	713	26.67	5.41	$3,855
Mar 2003	0	945	31.14	6.10	$5,761
Feb 2003	0	2,514	33.48	7.93	$19,926
Jan 2003	0	1,156	30.31	5.58	$6,453
Dec 2002	0	1,031	26.91	4.85	$5,004
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	615	11.30	1.91	$1,173
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	16,929	12.62	2.21	$37,351
Apr 1998	0	16,864	13.04	2.51	$42,250
Mar 1998	0	12,511	12.80	2.31	$28,893
Feb 1998	0	5,748	13.95	2.30	$13,215
Jan 1998	0	28,963	14.70	2.15	$62,409
Dec 1997	0	30,575	16.32	2.41	$73,719
Nov 1997	0	22,977	18.19	3.09	$70,959
Oct 1997	0	18,072	19.25	3.15	$56,924
Sep 1997	0	49,540	17.74	2.95	$146,385
Aug 1997	0	120,846	17.86	2.55	$308,730
Jul 1997	0	52,903	17.58	2.25	$118,870
Jun 1997	2	110,210	17.24	2.26	$248,800
May 1997	8	50,201	18.97	2.31	$116,041
Apr 1997	5	48,863	17.88	2.08	$101,860
Mar 1997	5	73,367	18.95	1.94	$142,364
Feb 1997	0	100,629	20.49	2.21	$221,978
Jan 1997	10	297,196	23.48	3.54	$1,052,219

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 2020 — as filed, then multipliedworked

Condensate             0 bbl  × $ 30.34 =         $0
Gas                   26 Mcf  × $  1.86 =        $48

────────────────────────────────────────────────────
Month total                                      $48

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/162967 is the state's own key, not one this site invented.