GALVESTON TOWNSITE UNIT 3

Name: GALVESTON TOWNSITE UNIT 3 lease production and value, Dec 2000 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-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181687District 03Field 51264810CondensateGasSave

Value, all time

$7.1 M

Dec 2000 – Nov 2007

Value, last 12 filed months

$49 k

at the published price for each month

Months reported

no gaps in the span

Streams

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.

Stream	Basis	Volume	Value
Condensate	Disposition	11,898 bbl	$400,188
Gas	Production	1,316,723 Mcf	$6,671,786
Total			$7,071,974

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 29.2929, -94.8137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.29288, -94.81368 · 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

8,785 ft

1 wells filed one

Completion to plug

6.9 years

median over 1 wells

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 8,785 ft.

Completions filed

Dec 2000

1 of 1 wells

Plug dates filed

Nov 2007

1 of 1 wells

Last completion to plug: a median of 6.9 years across the 1 well that filed both dates, with the middle half between 6.9 years and 6.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16731176	3	8,785 ft	Dec 2000	Nov 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 (84)

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

84 months


Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	77	0	59.61	7.81	$4,590
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	78	0	50.30	6.73	$3,923
Dec 2006	169	4,453	56.65	6.92	$40,382
Nov 2006	88	6,585	54.20	7.62	$54,931
Oct 2006	0	7,891	54.90	6.01	$47,455
Sep 2006	181	8,128	60.08	5.04	$51,817
Aug 2006	89	8,383	68.71	7.34	$67,646
Jul 2006	152	9,322	69.37	6.34	$69,671
Jun 2006	151	8,860	66.28	6.38	$66,569
May 2006	0	8,998	66.01	6.42	$57,812
Apr 2006	172	7,937	64.39	7.36	$69,495
Mar 2006	79	8,134	56.70	7.08	$62,092
Feb 2006	68	6,079	57.59	7.75	$51,035
Jan 2006	76	8,442	60.59	8.93	$80,020
Dec 2005	151	8,767	54.94	13.42	$125,909
Nov 2005	0	7,821	54.69	10.59	$82,812
Oct 2005	36	1,048	58.34	13.80	$16,558
Sep 2005	35	6,081	61.45	12.08	$75,603
Aug 2005	26	10,014	61.51	9.80	$99,705
Jul 2005	39	11,043	55.69	7.84	$88,789
Jun 2005	9	10,694	52.33	7.38	$79,404
May 2005	32	11,783	45.22	6.65	$79,818
Apr 2005	114	13,743	49.20	7.36	$106,764
Mar 2005	154	13,932	50.37	7.15	$107,439
Feb 2005	55	11,619	45.22	6.31	$75,825
Jan 2005	343	14,477	43.16	6.32	$106,330
Dec 2004	72	13,855	39.86	6.75	$96,406
Nov 2004	128	10,916	45.28	6.33	$74,899
Oct 2004	133	11,065	49.70	6.52	$78,700
Sep 2004	92	11,733	43.24	5.28	$65,974
Aug 2004	369	8,914	42.37	5.55	$65,113
Jul 2004	573	12,713	38.28	6.08	$99,283
Jun 2004	249	11,593	36.10	6.43	$83,567
May 2004	328	14,310	37.48	6.49	$105,231
Apr 2004	0	11,596	34.47	5.86	$67,935
Mar 2004	0	14,095	34.36	5.53	$77,947
Feb 2004	263	14,876	32.45	5.51	$90,495
Jan 2004	105	15,338	32.03	6.30	$99,987
Dec 2003	47	15,524	30.26	6.30	$99,249
Nov 2003	63	10,151	28.80	4.60	$48,460
Oct 2003	94	13,117	28.17	4.76	$65,080
Sep 2003	105	13,612	26.31	4.75	$67,411
Aug 2003	98	14,595	29.76	5.13	$77,785
Jul 2003	70	15,190	29.41	5.17	$80,604
Jun 2003	157	14,579	28.56	5.98	$91,709
May 2003	91	14,721	26.59	5.97	$90,344
Apr 2003	76	14,775	26.67	5.41	$81,919
Mar 2003	108	15,650	31.14	6.10	$98,766
Feb 2003	53	14,657	33.48	7.93	$117,944
Jan 2003	122	18,291	30.31	5.58	$105,799
Dec 2002	118	19,213	26.91	4.85	$96,431
Nov 2002	97	19,779	24.66	4.14	$84,217
Oct 2002	128	12,600	26.46	4.23	$56,674
Sep 2002	97	19,888	27.44	3.64	$74,959
Aug 2002	191	21,731	25.96	3.16	$73,719
Jul 2002	185	24,141	24.58	3.06	$78,461
Jun 2002	233	24,317	23.73	3.34	$86,705
May 2002	172	26,272	24.66	3.58	$98,400
Apr 2002	174	26,630	23.65	3.51	$97,648
Mar 2002	242	27,934	22.00	3.10	$91,995
Feb 2002	216	27,187	18.22	2.38	$68,523
Jan 2002	261	27,121	17.17	2.38	$68,912
Dec 2001	288	28,647	16.93	2.36	$72,609
Nov 2001	215	33,469	18.07	2.41	$84,395
Oct 2001	254	37,177	19.78	2.53	$99,040
Sep 2001	257	37,412	24.26	2.25	$90,461
Aug 2001	296	39,419	24.87	3.05	$127,714
Jul 2001	223	40,266	23.93	3.20	$134,070
Jun 2001	383	39,998	24.56	3.82	$162,365
May 2001	322	43,271	25.52	4.31	$194,599
Apr 2001	400	43,156	24.68	5.34	$240,123
Mar 2001	518	47,874	24.54	5.38	$270,103
Feb 2001	666	49,329	27.75	5.77	$302,966
Jan 2001	192	50,909	27.47	8.40	$432,847
Dec 2000	0	8,883	26.88	9.12	$81,035

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.

Apr 2007 — as filed, then multipliedworked

Condensate            77 bbl  × $ 59.61 =     $4,590
Gas                    0 Mcf  × $  7.81 =         $0

────────────────────────────────────────────────────
Month total                                   $4,590

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/181687 is the state's own key, not one this site invented.