GEORGE B.

Name: GEORGE B. lease production and value, Aug 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STRAND ENERGY, L.C. (P-5 824758) in the NEW ULM (LWR WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 222754District 03Field 65248075CondensateGasSave Export

Value, all time

$3.9 M

Aug 2006 – Jan 2019

Value, last 12 filed months

at the published price for each month

Months reported

150

no gaps in the span

Streams

condensate, gas

The NEW ULM (LWR WILCOX CONS.) 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 40 leases and 44 wells, and the rule below applies to all of them.

Discovered

2006-10-10

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 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 2006-10-10.

The Commission's schedule remark for this field reads: “AND TWO PART ALLOCATION FORMULA WHICH IS SUSPENDED.”

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	23,998 bbl	$1,784,825
Gas	Production	383,607 Mcf	$2,094,627
Total			$3,879,452

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 29.9167, -96.4231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.91667, -96.42312 · 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

11,000 ft

1 wells filed one

Completion to plug

12.4 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 11,000 ft.

Completions filed

Aug 2006

1 of 1 wells

Plug dates filed

Jan 2019

1 of 1 wells

Last completion to plug: a median of 12.4 years across the 1 well that filed both dates, with the middle half between 12.4 years and 12.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-01530910	4	11,000 ft	Aug 2006	Jan 2019	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 (150)

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

150 months


Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	171	504	48.76	3.72	$10,214
Nov 2016	0	1,145	42.49	2.64	$3,028
Oct 2016	189	1,304	46.19	3.09	$12,760
Sep 2016	198	1,626	41.55	3.10	$13,269
Aug 2016	167	1,853	41.44	2.92	$12,339
Jul 2016	201	1,974	41.62	2.92	$14,138
Jun 2016	191	1,827	45.35	2.69	$13,569
May 2016	35	2,198	42.52	1.99	$5,865
Apr 2016	193	1,935	36.56	1.99	$10,909
Mar 2016	182	1,947	33.01	1.79	$9,501
Feb 2016	169	1,859	26.47	2.06	$8,310
Jan 2016	177	2,639	27.35	2.36	$11,081
Dec 2015	216	1,698	32.36	2.00	$10,388
Nov 2015	216	1,784	38.79	2.17	$12,245
Oct 2015	224	1,949	43.55	2.43	$14,485
Sep 2015	158	1,385	42.99	2.76	$10,613
Aug 2015	193	1,933	40.16	2.87	$13,303
Jul 2015	289	1,730	48.15	2.95	$19,010
Jun 2015	128	1,902	56.15	2.88	$12,670
May 2015	259	2,012	55.21	2.96	$20,246
Apr 2015	99	1,709	49.82	2.71	$9,558
Mar 2015	204	1,500	42.89	2.93	$13,152
Feb 2015	176	186	44.66	2.98	$8,414
Jan 2015	211	259	43.43	3.10	$9,967
Dec 2014	237	1,538	54.69	3.59	$18,485
Nov 2014	180	1,383	70.46	4.25	$18,563
Oct 2014	222	1,965	78.30	3.90	$25,048
Sep 2014	274	2,332	86.16	4.05	$33,042
Aug 2014	171	1,552	89.39	4.04	$21,548
Jul 2014	174	1,928	96.56	4.18	$24,860
Jun 2014	238	2,084	98.16	4.74	$33,234
May 2014	164	2,056	94.73	4.73	$25,254
Apr 2014	209	1,904	95.94	4.81	$29,208
Mar 2014	141	1,314	95.89	5.06	$20,165
Feb 2014	187	1,553	97.40	6.19	$27,830
Jan 2014	248	1,901	90.40	4.86	$31,659
Dec 2013	310	1,892	91.82	4.35	$36,703
Nov 2013	90	1,692	88.85	3.74	$14,322
Oct 2013	187	1,872	97.42	3.78	$25,293
Sep 2013	194	1,354	104.11	3.72	$25,231
Aug 2013	55	1,323	104.25	3.52	$10,394
Jul 2013	196	2,099	102.52	3.72	$27,897
Jun 2013	246	3,231	94.40	3.93	$35,931
May 2013	176	3,080	94.83	4.15	$29,469
Apr 2013	158	2,006	93.96	4.28	$23,437
Mar 2013	111	2,257	93.62	3.91	$19,223
Feb 2013	233	2,253	91.23	3.42	$28,962
Jan 2013	202	2,064	91.60	3.42	$25,562
Dec 2012	239	2,314	86.77	3.42	$28,652
Nov 2012	161	2,284	86.95	3.62	$22,278
Oct 2012	244	2,345	89.38	3.40	$29,781
Sep 2012	151	2,163	94.67	2.92	$20,608
Aug 2012	234	2,463	92.66	2.91	$28,845
Jul 2012	249	2,377	85.13	3.02	$28,378
Jun 2012	119	3,467	79.82	2.52	$18,232
May 2012	216	2,309	91.61	2.49	$25,533
Apr 2012	186	2,435	101.65	2.00	$23,769
Mar 2012	166	2,098	105.05	2.22	$22,100
Feb 2012	279	2,055	101.10	2.57	$33,489
Jan 2012	118	2,347	98.09	2.73	$17,992
Dec 2011	143	2,091	96.87	3.24	$20,627
Nov 2011	233	2,254	95.72	3.31	$29,766
Oct 2011	238	2,558	84.98	3.65	$29,558
Sep 2011	137	2,361	83.62	3.99	$20,866
Aug 2011	250	2,063	83.40	4.15	$29,410
Jul 2011	107	2,195	94.14	4.52	$19,988
Jun 2011	216	1,667	92.90	4.64	$27,801
May 2011	218	2,237	98.13	4.40	$31,246
Apr 2011	397	2,568	105.96	4.33	$53,194
Mar 2011	110	1,783	96.36	4.06	$17,834
Feb 2011	243	1,452	85.64	4.18	$26,880
Jan 2011	105	1,506	86.50	4.59	$15,993
Dec 2010	207	2,657	85.73	4.35	$29,298
Nov 2010	208	2,731	80.84	3.80	$27,180
Oct 2010	212	2,651	78.10	3.51	$25,859
Sep 2010	224	2,483	72.63	3.98	$26,150
Aug 2010	130	2,721	73.68	4.42	$21,603
Jul 2010	233	2,735	72.55	4.74	$29,858
Jun 2010	294	2,743	70.36	4.91	$34,155
May 2010	215	2,849	71.12	4.24	$27,357
Apr 2010	212	2,887	81.69	4.12	$29,220
Mar 2010	187	3,121	78.39	4.39	$28,356
Feb 2010	180	2,996	73.58	5.44	$29,550
Jan 2010	307	3,502	74.36	5.96	$43,715
Dec 2009	172	3,295	71.44	5.48	$30,357
Nov 2009	168	3,626	74.59	3.75	$26,134
Oct 2009	200	3,895	72.54	4.11	$30,517
Sep 2009	281	3,515	65.54	3.06	$29,189
Aug 2009	263	3,415	67.42	3.22	$28,723
Jul 2009	168	3,856	61.13	3.46	$23,629
Jun 2009	227	3,793	66.16	3.90	$29,792
May 2009	235	4,610	54.74	3.93	$30,962
Apr 2009	269	4,102	46.77	3.59	$27,297
Mar 2009	296	4,516	42.14	4.06	$30,804
Feb 2009	152	4,609	32.81	4.63	$26,341
Jan 2009	318	5,236	35.86	5.37	$39,526
Dec 2008	276	5,281	37.10	5.98	$41,805
Nov 2008	331	4,923	55.49	6.86	$52,141
Oct 2008	168	4,884	75.24	6.92	$46,447
Sep 2008	271	4,835	101.76	7.88	$65,663
Aug 2008	423	5,914	114.22	8.48	$98,484
Jul 2008	425	6,413	131.08	11.39	$128,749
Jun 2008	4	3,463	131.33	13.03	$45,657
May 2008	131	4,560	123.17	11.57	$68,914
Apr 2008	146	4,310	110.31	10.45	$61,166
Mar 2008	1	4,422	101.90	9.66	$42,836
Feb 2008	127	4,177	92.53	8.77	$48,386
Jan 2008	257	4,759	90.38	8.21	$62,279
Dec 2007	0	5,336	88.33	7.30	$38,963
Nov 2007	133	6,158	91.67	7.29	$57,094
Oct 2007	113	6,272	82.85	6.92	$52,777
Sep 2007	136	5,553	75.84	6.24	$44,988
Aug 2007	128	5,654	69.06	6.39	$44,957
Jul 2007	137	6,617	70.90	6.39	$51,982
Jun 2007	132	7,435	62.00	7.55	$64,307
May 2007	236	6,934	58.74	7.85	$68,269
Apr 2007	122	7,401	59.61	7.81	$65,039
Mar 2007	241	8,082	56.92	7.30	$72,732
Feb 2007	253	6,954	55.10	8.22	$71,074
Jan 2007	179	7,862	50.30	6.73	$61,890
Dec 2006	264	8,359	56.65	6.92	$72,787
Nov 2006	398	10,363	54.20	7.62	$100,512
Oct 2006	0	4,422	54.90	6.01	$26,593
Sep 2006	0	837	60.08	5.04	$4,216
Aug 2006	0	0	68.71	7.34	$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.

Dec 2016 — as filed, then multipliedworked

Condensate           171 bbl  × $ 48.76 =     $8,338
Gas                  504 Mcf  × $  3.72 =     $1,876

────────────────────────────────────────────────────
Month total                                  $10,214

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/222754 is the state's own key, not one this site invented.