GULF LAND & INVESTMENT CO.

Operated by MARQUEE CORPORATION (P-5 526675) in the ULRICH, E. (YEGUA 2A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214759District 03Field 92361495CondensateGasSave
Value, all time
$1.0 M
Jan 2006 – Nov 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
191
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
CondensateDisposition2,763 bbl$187,558
GasProduction139,154 Mcf$858,025
Total$1,045,583

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 29.8376, -94.9590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.83759, -94.95903 · 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
13,696 ft
1 wells filed one
Completion to plug
11.9 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 13,696 ft.

Completions filed
Jan 2006
1 of 1 wells
Plug dates filed
Dec 2017
1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20131989113,696 ftJan 2006Dec 2017Yes

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 (191)

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

191 months

Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201708047.933.21$257
Mar 2017055846.772.98$1,665
Feb 201717768850.452.95$10,961
Jan 2017092849.413.42$3,173
Dec 201601,09248.763.72$4,065
Nov 2016074442.492.64$1,967
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015029643.552.43$718
Sep 2015026942.992.76$742
Aug 2015010840.162.87$310
Jul 2015028148.152.95$828
Jun 2015064756.152.88$1,865
May 2015044355.212.96$1,309
Apr 2015050549.822.71$1,367
Mar 2015058242.892.93$1,708
Feb 2015032044.662.98$952
Jan 2015061443.433.10$1,904
Dec 2014063954.693.59$2,295
Nov 2014061570.464.25$2,615
Oct 2014065078.303.90$2,536
Sep 2014044286.164.05$1,788
Aug 2014047289.394.04$1,905
Jul 2014055796.564.18$2,328
Jun 2014037398.164.74$1,767
May 2014066094.734.73$3,120
Apr 2014055395.944.81$2,659
Mar 2014025495.895.06$1,284
Feb 2014044197.406.19$2,731
Jan 2014042190.404.86$2,046
Dec 2013043091.824.35$1,872
Nov 2013036088.853.74$1,346
Oct 2013036097.423.78$1,361
Sep 20130471104.113.72$1,751
Aug 20130516104.253.52$1,818
Jul 2013113537102.523.72$13,581
Jun 2013049594.403.93$1,947
May 2013057794.834.15$2,394
Apr 2013062793.964.28$2,685
Mar 2013037093.623.91$1,448
Feb 2013037291.233.42$1,272
Jan 2013025091.603.42$855
Dec 2012049786.773.42$1,700
Nov 2012046086.953.62$1,667
Oct 2012019289.383.40$653
Sep 2012057594.672.92$1,678
Aug 2012048192.662.91$1,399
Jul 2012078185.133.02$2,359
Jun 2012073679.822.52$1,854
May 2012064591.612.49$1,605
Apr 20120616101.652.00$1,230
Mar 20120671105.052.22$1,491
Feb 20120553101.102.57$1,421
Jan 20129338098.092.73$10,161
Dec 201101896.873.24$58
Nov 2011055095.723.31$1,821
Oct 2011062084.983.65$2,262
Sep 201106283.623.99$247
Aug 2011098283.404.15$4,075
Jul 2011057794.144.52$2,606
Jun 2011098292.904.64$4,556
May 20111631,22098.134.40$21,369
Apr 201101,276105.964.33$5,529
Mar 2011041196.364.06$1,668
Feb 201101285.644.18$50
Jan 2011178086.504.59$15,397
Dec 20100085.734.35$0
Nov 2010091980.843.80$3,488
Oct 201001,10778.103.51$3,884
Sep 2010048872.633.98$1,942
Aug 2010036073.684.42$1,591
Jul 2010030072.554.74$1,421
Jun 2010059070.364.91$2,897
May 2010060171.124.24$2,545
Apr 2010065781.694.12$2,709
Mar 2010079078.394.39$3,467
Feb 2010090873.585.44$4,942
Jan 2010092774.365.96$5,529
Dec 200901,15871.445.48$6,350
Nov 2009042274.593.75$1,583
Oct 20090072.544.11$0
Sep 2009018565.543.06$567
Aug 2009042267.423.22$1,358
Jul 2009039661.133.46$1,372
Jun 2009036466.163.90$1,418
May 2009045554.743.93$1,786
Apr 2009044146.773.59$1,582
Mar 2009047042.144.06$1,908
Feb 2009058332.814.63$2,701
Jan 2009044635.865.37$2,395
Dec 2008038337.105.98$2,289
Nov 200817252755.496.86$13,160
Oct 2008061775.246.92$4,271
Sep 20080388101.767.88$3,056
Aug 20080545114.228.48$4,623
Jul 20080687131.0811.39$7,825
Jun 20080753131.3313.03$9,814
May 20080754123.1711.57$8,727
Apr 20080722110.3110.45$7,548
Mar 20080494101.909.66$4,774
Feb 2008057392.538.77$5,026
Jan 2008064590.388.21$5,293
Dec 20071841,02688.337.30$23,745
Nov 200701,03691.677.29$7,554
Oct 200701,19982.856.92$8,299
Sep 200701,39675.846.24$8,717
Aug 200701,61669.066.39$10,323
Jul 200701,68170.906.39$10,738
Jun 20071771,73462.007.55$24,063
May 200701,90258.747.85$14,924
Apr 200701,78259.617.81$13,909
Mar 200702,08656.927.30$15,232
Feb 200701,73655.108.22$14,263
Jan 20071892,07550.306.73$23,465
Dec 200602,38756.656.92$16,514
Nov 200602,53754.207.62$19,326
Oct 20061892,94954.906.01$28,111
Sep 20061733,41160.085.04$27,576
Aug 20061733,82868.717.34$39,984
Jul 200604,36969.376.34$27,712
Jun 20061734,71166.286.38$41,541
May 200606,25766.016.42$40,201
Apr 20061797,67764.397.36$68,032
Mar 200618111,74856.707.08$93,473
Feb 200624910,63757.597.75$96,789
Jan 200606,40360.598.93$57,200

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 47.93 =         $0
Gas                   80 Mcf  × $  3.21 =       $257

────────────────────────────────────────────────────
Month total                                     $257

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/214759 is the state's own key, not one this site invented.