REES-GIFFORD GAS UNIT

Name: REES-GIFFORD GAS UNIT lease production and value, Dec 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the JONES CREEK, NORTH (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 189061District 03Field 471304752 tax incentive programmesCondensateGasSave Export

Value, all time

$9.9 M

Dec 2001 – Jul 2021

Value, last 12 filed months

at the published price for each month

Months reported

236

no gaps in the span

Streams

condensate, gas

The JONES CREEK, NORTH (WILCOX) 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered

1998-06-26

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1998-12-03.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 04/01/99.”

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	2003-04-28	150977
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	78,416 bbl	$2,274,351
Gas	Production	1,627,724 Mcf	$7,651,621
Total			$9,925,973

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 29.3140, -96.2715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.31400, -96.27152 · 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

13,500 ft

1 wells filed one

Completion to plug

19.6 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 13,500 ft.

Completions filed

Dec 2001

1 of 1 wells

Plug dates filed

Jul 2021

1 of 1 wells

Last completion to plug: a median of 19.6 years across the 1 well that filed both dates, with the middle half between 19.6 years and 19.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48134400	2	13,500 ft	Dec 2001	Jul 2021	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 (236)

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

236 months


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	0	30.34	1.86	$0
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	39	0	55.30	2.75	$2,157
Oct 2019	0	15	53.47	2.42	$36
Sep 2019	0	9	55.05	2.66	$24
Aug 2019	0	24	53.11	2.30	$55
Jul 2019	0	24	56.27	2.46	$59
Jun 2019	0	12	52.78	2.49	$30
May 2019	0	173	58.48	2.74	$474
Apr 2019	0	530	62.63	2.75	$1,458
Mar 2019	0	573	56.80	3.06	$1,755
Feb 2019	0	624	50.85	2.79	$1,742
Jan 2019	0	234	46.03	3.23	$755
Dec 2018	0	255	46.59	4.19	$1,067
Nov 2018	0	108	52.93	4.24	$458
Oct 2018	0	306	61.44	3.40	$1,040
Sep 2018	0	268	59.54	3.11	$833
Aug 2018	0	254	59.40	3.07	$779
Jul 2018	0	211	65.14	2.93	$619
Jun 2018	0	232	60.18	3.08	$714
May 2018	0	233	65.38	2.90	$676
Apr 2018	0	237	63.84	2.90	$687
Mar 2018	0	188	61.22	2.79	$524
Feb 2018	0	161	61.78	2.77	$445
Jan 2018	0	183	62.87	4.01	$734
Dec 2017	0	108	57.27	2.92	$316
Nov 2017	0	185	55.42	3.12	$577
Oct 2017	0	179	49.29	2.98	$534
Sep 2017	0	203	47.52	3.09	$627
Aug 2017	0	213	45.37	3.00	$640
Jul 2017	178	438	43.87	3.09	$9,161
Jun 2017	0	148	42.49	3.09	$457
May 2017	0	382	45.37	3.26	$1,247
Apr 2017	0	302	47.93	3.21	$970
Mar 2017	0	226	46.77	2.98	$674
Feb 2017	0	86	50.45	2.95	$254
Jan 2017	0	81	49.41	3.42	$277
Dec 2016	0	146	48.76	3.72	$544
Nov 2016	0	104	42.49	2.64	$275
Oct 2016	0	83	46.19	3.09	$256
Sep 2016	0	99	41.55	3.10	$307
Aug 2016	0	108	41.44	2.92	$316
Jul 2016	0	224	41.62	2.92	$655
Jun 2016	0	296	45.35	2.69	$795
May 2016	0	238	42.52	1.99	$474
Apr 2016	0	186	36.56	1.99	$370
Mar 2016	0	165	33.01	1.79	$296
Feb 2016	0	186	26.47	2.06	$384
Jan 2016	173	112	27.35	2.36	$4,996
Dec 2015	0	99	32.36	2.00	$198
Nov 2015	0	59	38.79	2.17	$128
Oct 2015	0	72	43.55	2.43	$175
Sep 2015	0	122	42.99	2.76	$337
Aug 2015	0	196	40.16	2.87	$563
Jul 2015	0	185	48.15	2.95	$545
Jun 2015	0	494	56.15	2.88	$1,424
May 2015	0	554	55.21	2.96	$1,637
Apr 2015	0	586	49.82	2.71	$1,586
Mar 2015	0	225	42.89	2.93	$660
Feb 2015	0	78	44.66	2.98	$232
Jan 2015	0	142	43.43	3.10	$440
Dec 2014	178	173	54.69	3.59	$10,356
Nov 2014	0	148	70.46	4.25	$629
Oct 2014	0	248	78.30	3.90	$967
Sep 2014	0	228	86.16	4.05	$922
Aug 2014	0	256	89.39	4.04	$1,033
Jul 2014	0	240	96.56	4.18	$1,003
Jun 2014	0	686	98.16	4.74	$3,250
May 2014	0	554	94.73	4.73	$2,619
Apr 2014	0	372	95.94	4.81	$1,789
Mar 2014	0	153	95.89	5.06	$774
Feb 2014	0	46	97.40	6.19	$285
Jan 2014	0	89	90.40	4.86	$433
Dec 2013	0	156	91.82	4.35	$679
Nov 2013	0	102	88.85	3.74	$381
Oct 2013	0	171	97.42	3.78	$646
Sep 2013	0	108	104.11	3.72	$402
Aug 2013	177	74	104.25	3.52	$18,713
Jul 2013	0	72	102.52	3.72	$268
Jun 2013	0	62	94.40	3.93	$244
May 2013	0	67	94.83	4.15	$278
Apr 2013	0	86	93.96	4.28	$368
Mar 2013	0	131	93.62	3.91	$513
Feb 2013	0	95	91.23	3.42	$325
Jan 2013	0	127	91.60	3.42	$434
Dec 2012	0	77	86.77	3.42	$263
Nov 2012	0	103	86.95	3.62	$373
Oct 2012	0	68	89.38	3.40	$231
Sep 2012	0	99	94.67	2.92	$289
Aug 2012	0	62	92.66	2.91	$180
Jul 2012	0	137	85.13	3.02	$414
Jun 2012	0	120	79.82	2.52	$302
May 2012	0	10	91.61	2.49	$25
Apr 2012	0	39	101.65	2.00	$78
Mar 2012	0	89	105.05	2.22	$198
Feb 2012	0	154	101.10	2.57	$396
Jan 2012	0	92	98.09	2.73	$252
Dec 2011	0	112	96.87	3.24	$363
Nov 2011	0	182	95.72	3.31	$603
Oct 2011	0	149	84.98	3.65	$544
Sep 2011	0	121	83.62	3.99	$482
Aug 2011	0	77	83.40	4.15	$320
Jul 2011	0	63	94.14	4.52	$285
Jun 2011	0	62	92.90	4.64	$288
May 2011	0	18	98.13	4.40	$79
Apr 2011	0	43	105.96	4.33	$186
Mar 2011	176	47	96.36	4.06	$17,150
Feb 2011	0	32	85.64	4.18	$134
Jan 2011	0	51	86.50	4.59	$234
Dec 2010	0	51	85.73	4.35	$222
Nov 2010	0	69	80.84	3.80	$262
Oct 2010	0	142	78.10	3.51	$498
Sep 2010	0	177	72.63	3.98	$704
Aug 2010	0	225	73.68	4.42	$994
Jul 2010	0	222	72.55	4.74	$1,052
Jun 2010	0	97	70.36	4.91	$476
May 2010	0	133	71.12	4.24	$563
Apr 2010	0	106	81.69	4.12	$437
Mar 2010	0	117	78.39	4.39	$513
Feb 2010	0	74	73.58	5.44	$403
Jan 2010	0	104	74.36	5.96	$620
Dec 2009	0	80	71.44	5.48	$439
Nov 2009	0	62	74.59	3.75	$233
Oct 2009	0	281	72.54	4.11	$1,155
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	58	67.42	3.22	$187
Jul 2009	0	90	61.13	3.46	$312
Jun 2009	0	138	66.16	3.90	$538
May 2009	0	143	54.74	3.93	$561
Apr 2009	0	100	46.77	3.59	$359
Mar 2009	0	97	42.14	4.06	$394
Feb 2009	0	96	32.81	4.63	$445
Jan 2009	0	107	35.86	5.37	$575
Dec 2008	186	116	37.10	5.98	$7,594
Nov 2008	0	149	55.49	6.86	$1,022
Oct 2008	0	178	75.24	6.92	$1,232
Sep 2008	0	126	101.76	7.88	$993
Aug 2008	0	168	114.22	8.48	$1,425
Jul 2008	0	139	131.08	11.39	$1,583
Jun 2008	0	125	131.33	13.03	$1,629
May 2008	0	120	123.17	11.57	$1,389
Apr 2008	0	150	110.31	10.45	$1,568
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	34	90.38	8.21	$279
Dec 2007	0	81	88.33	7.30	$591
Nov 2007	0	48	91.67	7.29	$350
Oct 2007	0	84	82.85	6.92	$581
Sep 2007	0	66	75.84	6.24	$412
Aug 2007	0	101	69.06	6.39	$645
Jul 2007	0	95	70.90	6.39	$607
Jun 2007	0	107	62.00	7.55	$808
May 2007	0	134	58.74	7.85	$1,051
Apr 2007	0	100	59.61	7.81	$781
Mar 2007	0	100	56.92	7.30	$730
Feb 2007	0	188	55.10	8.22	$1,545
Jan 2007	0	240	50.30	6.73	$1,614
Dec 2006	181	380	56.65	6.92	$12,883
Nov 2006	0	175	54.20	7.62	$1,333
Oct 2006	0	474	54.90	6.01	$2,851
Sep 2006	0	1,107	60.08	5.04	$5,576
Aug 2006	185	1,946	68.71	7.34	$26,995
Jul 2006	0	1,262	69.37	6.34	$8,005
Jun 2006	0	1,350	66.28	6.38	$8,618
May 2006	158	1,397	66.01	6.42	$19,405
Apr 2006	0	1,261	64.39	7.36	$9,282
Mar 2006	187	1,542	56.70	7.08	$21,525
Feb 2006	0	1,811	57.59	7.75	$14,037
Jan 2006	138	2,290	60.59	8.93	$28,819
Dec 2005	194	2,571	54.94	13.42	$45,149
Nov 2005	2	2,833	54.69	10.59	$30,106
Oct 2005	189	2,989	58.34	13.80	$52,262
Sep 2005	195	3,058	61.45	12.08	$48,920
Aug 2005	182	4,209	61.51	9.80	$52,430
Jul 2005	193	4,781	55.69	7.84	$48,249
Jun 2005	380	5,251	52.33	7.38	$58,643
May 2005	189	6,177	45.22	6.65	$49,631
Apr 2005	186	6,411	49.20	7.36	$56,339
Mar 2005	381	2,441	50.37	7.15	$36,656
Feb 2005	186	6,813	45.22	6.31	$51,414
Jan 2005	563	7,995	43.16	6.32	$74,845
Dec 2004	196	7,624	39.86	6.75	$59,283
Nov 2004	574	8,821	45.28	6.33	$81,831
Oct 2004	373	1,200	49.70	6.52	$26,356
Sep 2004	384	10,502	43.24	5.28	$72,096
Aug 2004	734	9,986	42.37	5.55	$86,528
Jul 2004	384	9,825	38.28	6.08	$74,477
Jun 2004	360	10,917	36.10	6.43	$83,225
May 2004	725	11,820	37.48	6.49	$103,939
Apr 2004	383	9,529	34.47	5.86	$69,027
Mar 2004	549	10,203	34.36	5.53	$75,288
Feb 2004	550	8,903	32.45	5.51	$66,900
Jan 2004	374	4,629	32.03	6.30	$41,140
Dec 2003	6	2,080	30.26	6.30	$13,289
Nov 2003	191	0	28.80	4.60	$5,501
Oct 2003	1,089	23,529	28.17	4.76	$142,667
Sep 2003	922	16,864	26.31	4.75	$104,351
Aug 2003	1,603	32,205	29.76	5.13	$212,908
Jul 2003	1,864	33,437	29.41	5.17	$227,718
Jun 2003	1,455	32,082	28.56	5.98	$233,500
May 2003	2,508	67,105	26.59	5.97	$467,484
Apr 2003	3,041	71,069	26.67	5.41	$465,393
Mar 2003	3,093	73,946	31.14	6.10	$547,094
Feb 2003	3,636	77,840	33.48	7.93	$738,684
Jan 2003	3,627	82,971	30.31	5.58	$573,082
Dec 2002	4,174	80,802	26.91	4.85	$504,516
Nov 2002	3,999	83,645	24.66	4.14	$444,651
Oct 2002	4,799	116,584	26.46	4.23	$620,029
Sep 2002	4,103	79,307	27.44	3.64	$400,883
Aug 2002	3,571	67,069	25.96	3.16	$304,920
Jul 2002	4,633	85,246	24.58	3.06	$374,882
Jun 2002	4,278	86,807	23.73	3.34	$391,300
May 2002	4,828	97,384	24.66	3.58	$468,083
Apr 2002	4,657	87,664	23.65	3.51	$418,042
Mar 2002	4,346	87,478	22.00	3.10	$367,032
Feb 2002	1,611	44,094	18.22	2.38	$134,106
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$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.

Nov 2019 — as filed, then multipliedworked

Condensate            39 bbl  × $ 55.30 =     $2,157
Gas                    0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,157

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/189061 is the state's own key, not one this site invented.