BP STERNE

Operated by GAITHER PETROLEUM CORPORATION (P-5 292850) in the SPURGER, E. (5500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 218874District 03Field 85419600GasSave
Value, all time
$3.3 M
Dec 2005 – Nov 2011
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
72
no gaps in the span
Streams
1
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
GasProduction523,637 Mcf$3,292,162
Total$3,292,162

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 30.6595, -94.1042. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65952, -94.10420 · 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
5,968 ft
1 wells filed one
Completion to plug
5.0 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 5,968 ft.

Completions filed
May 2011
1 of 1 wells
Plug dates filed
May 2016
1 of 1 wells

Last completion to plug: a median of 5.0 years across the 1 well that filed both dates, with the middle half between 5.0 years and 5.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4573060615,968 ftMay 2011May 2016Yes

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 (72)

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

72 months

Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 201122998.134.40$1,009
Apr 2011227105.964.33$984
Mar 201120096.364.06$811
Feb 201182485.644.18$3,444
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 20102,07880.843.80$7,887
Oct 201010,65678.103.51$37,391
Sep 201011,32372.633.98$45,060
Aug 201011,85473.684.42$52,387
Jul 20104,71372.554.74$22,323
Jun 20108,83470.364.91$43,378
May 201011,02771.124.24$46,702
Apr 201011,39981.694.12$46,995
Mar 20109,38578.394.39$41,188
Feb 20108,53473.585.44$46,445
Jan 20109,55774.365.96$56,999
Dec 20099,02671.445.48$49,496
Nov 200910,37774.593.75$38,929
Oct 200911,03672.544.11$45,361
Sep 200911,13765.543.06$34,132
Aug 200911,93167.423.22$38,400
Jul 20099,64161.133.46$33,401
Jun 200910,92966.163.90$42,568
May 200910,83554.743.93$42,536
Apr 200910,49346.773.59$37,644
Mar 200910,64742.144.06$43,216
Feb 20099,81832.814.63$45,487
Jan 200910,65735.865.37$57,239
Dec 200810,74937.105.98$64,248
Nov 20089,95855.496.86$68,315
Oct 200810,79075.246.92$74,688
Sep 20085,795101.767.88$45,648
Aug 200810,471114.228.48$88,826
Jul 200810,098131.0811.39$115,010
Jun 200810,128131.3313.03$131,994
May 20089,946123.1711.57$115,118
Apr 200810,452110.3110.45$109,274
Mar 200810,186101.909.66$98,438
Feb 20086,70792.538.77$58,824
Jan 200810,79490.388.21$88,573
Dec 200710,94788.337.30$79,935
Nov 200710,85291.677.29$79,130
Oct 200711,27382.856.92$78,031
Sep 200710,89475.846.24$68,024
Aug 200710,15569.066.39$64,870
Jul 200711,08970.906.39$70,836
Jun 200710,66962.007.55$80,534
May 200710,48158.747.85$82,237
Apr 20075,82359.617.81$45,450
Mar 200711,82056.927.30$86,309
Feb 200710,41255.108.22$85,545
Jan 200711,38050.306.73$76,552
Dec 200613,14156.656.92$90,915
Nov 200611,62554.207.62$88,553
Oct 20068,76654.906.01$52,717
Sep 2006460.085.04$20
Aug 20063,06268.717.34$22,475
Jul 200610,12569.376.34$64,220
Jun 20061,14666.286.38$7,316
May 20064,80466.016.42$30,866
Apr 200697864.397.36$7,199
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 200575054.9413.42$10,062

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 2011 — as filed, then multipliedworked
Gas                  229 Mcf  × $  4.40 =     $1,009

────────────────────────────────────────────────────
Month total                                   $1,009

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/218874 is the state's own key, not one this site invented.