GORDON

Name: GORDON lease production and value, Apr 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) 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 194515District 03Field 326888002 tax incentive programmesCondensateGasSave Export

Value, all time

$19.1 M

Apr 2003 – Sep 2016

Value, last 12 filed months

at the published price for each month

Months reported

162

no gaps in the span

Streams

condensate, gas

The FRANKS (WEITING, CONSOLIDATED) 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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered

2002-09-12

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 80 acres. The field rule took effect on 2002-09-12.

The Commission's schedule remark for this field reads: “WAS SUSPENDED.”

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	2007-01-12	171007
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	87,423 bbl	$3,814,103
Gas	Production	2,305,433 Mcf	$15,248,103
Total			$19,062,206

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 29.3680, -95.0626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.36800, -95.06264 · 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

0.0%

0 of 1 wells

Median depth

12,803 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 12,803 ft.

Completions filed

May 2018

1 of 1 wells

1 well


42-16731366	2	12,803 ft	May 2018	—	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 (162)

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

162 months


Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
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	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
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	79	34	91.61	2.49	$7,322
Apr 2012	1	0	101.65	2.00	$102
Mar 2012	2	0	105.05	2.22	$210
Feb 2012	101	76	101.10	2.57	$10,406
Jan 2012	77	1,166	98.09	2.73	$10,741
Dec 2011	158	98	96.87	3.24	$15,623
Nov 2011	77	1,345	95.72	3.31	$11,824
Oct 2011	81	3,128	84.98	3.65	$18,296
Sep 2011	76	3,842	83.62	3.99	$21,669
Aug 2011	148	3,969	83.40	4.15	$28,812
Jul 2011	108	3,429	94.14	4.52	$25,657
Jun 2011	162	2,966	92.90	4.64	$28,812
May 2011	113	3,230	98.13	4.40	$25,316
Apr 2011	170	3,725	105.96	4.33	$34,155
Mar 2011	214	4,002	96.36	4.06	$36,859
Feb 2011	164	1,718	85.64	4.18	$21,226
Jan 2011	98	2,044	86.50	4.59	$17,856
Dec 2010	77	2,280	85.73	4.35	$16,514
Nov 2010	158	168	80.84	3.80	$13,410
Oct 2010	156	2,008	78.10	3.51	$19,229
Sep 2010	136	6,979	72.63	3.98	$37,650
Aug 2010	298	5,698	73.68	4.42	$47,138
Jul 2010	240	5,023	72.55	4.74	$41,203
Jun 2010	246	4,141	70.36	4.91	$37,643
May 2010	114	286	71.12	4.24	$9,319
Apr 2010	128	5,215	81.69	4.12	$31,956
Mar 2010	113	3,137	78.39	4.39	$22,625
Feb 2010	140	2,978	73.58	5.44	$26,509
Jan 2010	70	3,605	74.36	5.96	$26,706
Dec 2009	184	2,154	71.44	5.48	$24,957
Nov 2009	196	2,893	74.59	3.75	$25,473
Oct 2009	193	4,337	72.54	4.11	$31,826
Sep 2009	142	5,713	65.54	3.06	$26,816
Aug 2009	134	7,332	67.42	3.22	$32,632
Jul 2009	182	6,223	61.13	3.46	$32,685
Jun 2009	145	5,155	66.16	3.90	$29,672
May 2009	171	2,911	54.74	3.93	$20,788
Apr 2009	209	2,403	46.77	3.59	$18,396
Mar 2009	137	1,457	42.14	4.06	$11,687
Feb 2009	230	4,098	32.81	4.63	$26,532
Jan 2009	213	2,205	35.86	5.37	$19,481
Dec 2008	177	3,052	37.10	5.98	$24,809
Nov 2008	217	4,622	55.49	6.86	$43,750
Oct 2008	224	5,202	75.24	6.92	$52,862
Sep 2008	50	4,938	101.76	7.88	$43,985
Aug 2008	196	14,087	114.22	8.48	$141,887
Jul 2008	74	15,283	131.08	11.39	$183,765
Jun 2008	140	13,419	131.33	13.03	$193,271
May 2008	162	11,807	123.17	11.57	$156,611
Apr 2008	260	12,540	110.31	10.45	$159,785
Mar 2008	292	14,744	101.90	9.66	$172,242
Feb 2008	285	14,995	92.53	8.77	$157,886
Jan 2008	363	16,702	90.38	8.21	$169,860
Dec 2007	452	18,835	88.33	7.30	$177,458
Nov 2007	370	17,634	91.67	7.29	$162,500
Oct 2007	358	16,529	82.85	6.92	$144,074
Sep 2007	383	20,332	75.84	6.24	$156,003
Aug 2007	406	18,823	69.06	6.39	$148,279
Jul 2007	383	20,803	70.90	6.39	$160,043
Jun 2007	438	20,239	62.00	7.55	$179,929
May 2007	498	23,681	58.74	7.85	$215,060
Apr 2007	468	18,545	59.61	7.81	$172,645
Mar 2007	560	21,518	56.92	7.30	$188,999
Feb 2007	477	19,500	55.10	8.22	$186,495
Jan 2007	595	18,917	50.30	6.73	$157,180
Dec 2006	698	17,519	56.65	6.92	$160,746
Nov 2006	733	15,353	54.20	7.62	$156,680
Oct 2006	587	16,700	54.90	6.01	$132,657
Sep 2006	790	25,432	60.08	5.04	$175,569
Aug 2006	669	20,388	68.71	7.34	$195,613
Jul 2006	793	28,086	69.37	6.34	$233,153
Jun 2006	638	31,532	66.28	6.38	$243,583
May 2006	655	30,595	66.01	6.42	$239,809
Apr 2006	475	20,195	64.39	7.36	$179,230
Mar 2006	824	21,476	56.70	7.08	$198,834
Feb 2006	748	23,764	57.59	7.75	$227,275
Jan 2006	1,227	25,894	60.59	8.93	$305,663
Dec 2005	508	22,778	54.94	13.42	$333,486
Nov 2005	0	27,578	54.69	10.59	$292,007
Oct 2005	218	7,575	58.34	13.80	$117,221
Sep 2005	938	25,103	61.45	12.08	$360,859
Aug 2005	1,124	37,380	61.51	9.80	$435,343
Jul 2005	940	36,742	55.69	7.84	$340,540
Jun 2005	891	36,983	52.33	7.38	$319,599
May 2005	1,048	38,555	45.22	6.65	$303,826
Apr 2005	1,302	38,237	49.20	7.36	$345,501
Mar 2005	1,213	39,153	50.37	7.15	$341,234
Feb 2005	1,258	38,377	45.22	6.31	$299,119
Jan 2005	1,212	43,683	43.16	6.32	$328,483
Dec 2004	1,269	40,753	39.86	6.75	$325,709
Nov 2004	1,325	36,675	45.28	6.33	$292,164
Oct 2004	1,381	46,751	49.70	6.52	$373,223
Sep 2004	1,318	43,826	43.24	5.28	$288,563
Aug 2004	1,579	49,447	42.37	5.55	$341,366
Jul 2004	1,514	50,654	38.28	6.08	$366,144
Jun 2004	1,362	50,743	36.10	6.43	$375,599
May 2004	636	53,324	37.48	6.49	$370,154
Apr 2004	1,266	52,100	34.47	5.86	$348,865
Mar 2004	1,798	55,774	34.36	5.53	$370,217
Feb 2004	2,250	50,588	32.45	5.51	$351,733
Jan 2004	2,360	62,362	32.03	6.30	$468,449
Dec 2003	2,412	68,963	30.26	6.30	$507,567
Nov 2003	4,665	64,029	28.80	4.60	$428,576
Oct 2003	5,458	70,217	28.17	4.76	$487,960
Sep 2003	2,288	42,561	26.31	4.75	$262,335
Aug 2003	71	0	29.76	5.13	$2,113
Jul 2003	4,903	66,676	29.41	5.17	$488,968
Jun 2003	5,963	98,846	28.56	5.98	$761,695
May 2003	6,736	75,964	26.59	5.97	$632,819
Apr 2003	3,711	66,184	26.67	5.41	$456,848

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.

May 2012 — as filed, then multipliedworked

Condensate            79 bbl  × $ 91.61 =     $7,237
Gas                   34 Mcf  × $  2.49 =        $85

────────────────────────────────────────────────────
Month total                                   $7,322

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/194515 is the state's own key, not one this site invented.