GILBY, M. ET AL G. U.

Operated by HUNT, HASSIE EXPLORATION COMPANY (P-5 415290) in the FRANKS (WEITING, CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172308District 03Field 32688800CondensateGasSave
Value, all time
$7.0 M
Jan 1999 – Dec 2006
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
96
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition56,685 bbl$1,350,115
GasProduction1,500,955 Mcf$5,694,966
Total$7,045,081

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 29.3634, -95.0744. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.36344, -95.07436 · 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
0.0%
0 of 1 wells
Median depth
11,900 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 11,900 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-16731315211,900 ftSep 2004Yes

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 (96)

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

96 months

Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006165068.717.34$11,337
Jul 20063283,45069.376.34$44,636
Jun 2006022466.286.38$1,430
May 20062371,01566.016.42$22,166
Apr 2006017764.397.36$1,303
Mar 2006030756.707.08$2,174
Feb 200602,05557.597.75$15,929
Jan 200602,20660.598.93$19,707
Dec 2005044654.9413.42$5,983
Nov 200502,88554.6910.59$30,548
Oct 20051633,31858.3413.80$55,284
Sep 200502,12061.4512.08$25,607
Aug 200502,15561.519.80$21,112
Jul 200502,41255.697.84$18,919
Jun 20051282,62152.337.38$26,044
May 200501,83045.226.65$12,172
Apr 200513147649.207.36$9,949
Mar 20058483350.377.15$10,191
Feb 200501,34145.226.31$8,464
Jan 2005491,18543.166.32$9,607
Dec 2004301,28739.866.75$9,884
Nov 200402,35545.286.33$14,908
Oct 2004101,07549.706.52$7,501
Sep 20047339443.245.28$5,238
Aug 2004713,38342.375.55$21,786
Jul 20043938,68838.286.08$67,903
Jun 20041868,67136.106.43$62,495
May 20042669,23937.486.49$69,973
Apr 20044979,50134.475.86$72,793
Mar 20044288,75434.365.53$63,117
Feb 20044079,54632.455.51$65,802
Jan 200458711,18632.036.30$89,269
Dec 200371311,35030.266.30$93,099
Nov 200364010,53828.804.60$66,856
Oct 20033247,16728.174.76$43,239
Sep 20033517,40926.314.75$44,423
Aug 20033537,03129.765.13$46,572
Jul 20033549,05629.415.17$57,238
Jun 20033668,61728.565.98$62,008
May 200318212,81926.595.97$81,403
Apr 20037119,13726.675.41$68,369
Mar 200335510,39631.146.10$74,429
Feb 200307,74433.487.93$61,378
Jan 200336010,68430.315.58$70,550
Dec 20023679,67126.914.85$56,817
Nov 200237213,84624.664.14$66,454
Oct 200255711,28726.464.23$62,472
Sep 20023507,67127.443.64$37,490
Aug 200218322,45925.963.16$75,815
Jul 200237020,51424.583.06$71,904
Jun 200236016,55923.733.34$63,821
May 200254419,38124.663.58$82,877
Apr 200254817,12723.653.51$73,116
Mar 200273618,00922.003.10$72,069
Feb 200274417,31118.222.38$54,681
Jan 200235716,56817.172.38$45,490
Dec 200155018,04116.932.36$51,968
Nov 200171015,40018.072.41$49,875
Oct 200118615,78919.782.53$43,608
Sep 200170717,92724.262.25$57,511
Aug 200153721,29024.873.05$78,357
Jul 20011,05619,85123.933.20$88,735
Jun 200170916,28324.563.82$79,682
May 200156121,31425.524.31$106,123
Apr 200174526,84124.685.34$161,592
Mar 200192123,09124.545.38$146,749
Feb 200176122,52527.755.77$151,021
Jan 200189327,66927.478.40$256,916
Dec 200037926,60126.889.12$252,855
Nov 20001,07723,52732.215.66$167,806
Oct 200072027,45631.235.15$163,760
Sep 20001,07718,85731.875.19$132,126
Aug 200053529,00929.644.54$147,580
Jul 20001,79330,58028.534.09$176,219
Jun 2000030,15729.304.40$132,608
May 20001,19630,45027.263.68$144,651
Apr 20001,44028,93524.513.12$125,456
Mar 20001,08629,77228.422.86$116,005
Feb 20001,05129,28327.622.73$108,869
Jan 20001,26634,66925.272.48$117,988
Dec 19991,65735,85224.282.42$127,127
Nov 19991,22634,85623.192.43$113,270
Oct 19991,61839,11220.982.80$143,604
Sep 19991,86541,74121.752.62$149,877
Aug 19991,39741,72219.262.88$146,882
Jul 19991,86545,58217.892.37$141,502
Jun 19992,32342,49215.942.36$137,399
May 19991,77642,78515.792.32$127,348
Apr 19992,68553,24615.102.21$158,113
Mar 19993,27564,73012.471.84$159,834
Feb 19992,61264,0729.981.82$142,537
Jan 199901,96210.381.90$3,728

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.

Aug 2006 — as filed, then multipliedworked
Condensate           165 bbl  × $ 68.71 =    $11,337
Gas                    0 Mcf  × $  7.34 =         $0

────────────────────────────────────────────────────
Month total                                  $11,337

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/172308 is the state's own key, not one this site invented.