GEORGE RANCH

Operated by BOPCO, L.P. (P-5 82967) in the SMITHERS LAKE (YEGUA EY-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 192678District 03Field 84331495CondensateGasSaveExport
Value, all time
$21.0 M
Jan 2003 – Aug 2009
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
80
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
2000-11-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: GAS FIELD WITH ALL CURRENT AND FUTURE WELLS CLASSIFIED AS 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
CondensateDisposition241,501 bbl$7,384,548
GasProduction2,262,249 Mcf$13,644,548
Total$21,029,096

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 29.4845, -95.6732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.48446, -95.67320 · 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
10,257 ft
1 wells filed one
Completion to plug
6.6 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 10,257 ft.

Completions filed
Jan 2003
1 of 1 wells
Plug dates filed
Aug 2009
1 of 1 wells

Last completion to plug: a median of 6.6 years across the 1 well that filed both dates, with the middle half between 6.6 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-157321981010,257 ftJan 2003Aug 2009Yes

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 (80)

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

80 months

Aug 20090067.423.22$0
Jul 20091161.133.46$65
Jun 20090066.163.90$0
May 2009118954.743.93$952
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20091074,19932.814.63$22,965
Jan 20090035.865.37$0
Dec 2008419437.105.98$1,308
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200803101.767.88$24
Aug 20080307114.228.48$2,604
Jul 200801,292131.0811.39$14,715
Jun 200801,605131.3313.03$20,917
May 200800123.1711.57$0
Apr 200801,690110.3110.45$17,669
Mar 200801,052101.909.66$10,167
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20073498,98182.856.92$91,081
Sep 200736114,96775.846.24$120,835
Aug 200729914,81869.066.39$115,305
Jul 200744318,19870.906.39$147,656
Jun 200745416,37762.007.55$151,769
May 200755317,14358.747.85$166,992
Apr 200753318,84359.617.81$178,846
Mar 200746412,69256.927.30$119,087
Feb 20074388,77655.108.22$96,237
Jan 20075267,35350.306.73$75,920
Dec 20065226,73256.656.92$76,146
Nov 20064795,39654.207.62$67,066
Oct 20060054.906.01$0
Sep 2006811,75060.085.04$13,682
Aug 20060068.717.34$0
Jul 20061483,61869.376.34$33,215
Jun 20061574,42866.286.38$38,674
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20061776,24556.707.08$54,269
Feb 200657012,34357.597.75$128,498
Jan 2006512,61760.598.93$26,469
Dec 2005613,32154.9413.42$47,904
Nov 2005633,13754.6910.59$36,661
Oct 2005573,03158.3413.80$45,140
Sep 20052406,31561.4512.08$91,027
Aug 20053828,18761.519.80$103,704
Jul 20053378,14755.697.84$82,670
Jun 20052528,20452.337.38$73,741
May 20051318,04845.226.65$59,452
Apr 20051868,81849.207.36$74,056
Mar 20051859,51950.377.15$77,426
Feb 20051097,07045.226.31$49,554
Jan 20052607,01543.166.32$55,572
Dec 20042856,89939.866.75$57,936
Nov 20042558,48245.286.33$65,241
Oct 2004323,05649.706.52$21,501
Sep 20041913,41543.245.28$26,303
Aug 20044615,53742.375.55$50,267
Jul 20043315,08938.286.08$43,633
Jun 20043215,87536.106.43$49,382
May 20042383,52037.486.49$31,781
Apr 200488910,35034.475.86$91,279
Mar 200482711,27034.365.53$90,740
Feb 20041632,15732.455.51$17,174
Jan 20041,83228,66632.036.30$239,264
Dec 20033,40742,74530.266.30$372,459
Nov 20033,90859,22228.804.60$384,685
Oct 20035,25874,31628.174.76$501,835
Sep 20037,734100,13026.314.75$679,035
Aug 200311,065134,04229.765.13$1,016,892
Jul 200318,317198,97629.415.17$1,567,576
Jun 200325,677234,40028.565.98$2,135,741
May 200332,636252,20726.595.97$2,374,143
Apr 200330,506214,70126.675.41$1,974,543
Mar 200332,826218,86331.146.10$2,356,399
Feb 200330,356202,81433.487.93$2,623,798
Jan 200324,995162,99630.315.58$1,667,449

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.

Jul 2009 — as filed, then multipliedworked
Condensate             1 bbl  × $ 61.13 =        $61
Gas                    1 Mcf  × $  3.46 =         $3

────────────────────────────────────────────────────
Month total                                      $65

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/192678 is the state's own key, not one this site invented.