ACKEL, J.

Operated by GOLDSTON OIL CORPORATION (P-5 313990) in the BIG HILL, SW (NODOSARIA, BLK A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 236980District 03Field 07890500CondensateGasSaveExport
Value, all time
$13.0 M
Mar 2008 – Mar 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
121
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2008-03-24
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

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
CondensateDisposition34,834 bbl$2,232,903
GasProduction2,299,212 Mcf$10,726,098
Total$12,959,001

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 29.7485, -94.3168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.74846, -94.31679 · 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
12,850 ft
1 wells filed one
Completion to plug
10.0 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 12,850 ft.

Completions filed
Mar 2008
1 of 1 wells
Plug dates filed
Mar 2018
1 of 1 wells

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24532535112,850 ftMar 2008Mar 2018Yes

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 (121)

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

121 months

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 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
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 201648033.011.79$1,584
Feb 20160026.472.06$0
Jan 2016070327.352.36$1,662
Dec 201501,88632.362.00$3,775
Nov 201501,92438.792.17$4,170
Oct 201502,18143.552.43$5,292
Sep 201502,00242.992.76$5,522
Aug 201502,28440.162.87$6,561
Jul 201502,35748.152.95$6,942
Jun 201502,39856.152.88$6,913
May 201502,50455.212.96$7,400
Apr 201502,79249.822.71$7,557
Mar 201503,28142.892.93$9,629
Feb 201504,11044.662.98$12,232
Jan 201504,63643.433.10$14,375
Dec 20141356,93354.693.59$32,282
Nov 201406,50770.464.25$27,667
Oct 201408,46778.303.90$33,029
Sep 20141065,93286.164.05$33,131
Aug 20140089.394.04$0
Jul 201426,84996.564.18$28,819
Jun 20143509,07798.164.74$77,353
May 20140094.734.73$0
Apr 2014310,87395.944.81$52,577
Mar 2014111,76995.895.06$59,609
Feb 201405,86497.406.19$36,310
Jan 201404,24990.404.86$20,653
Dec 20131701,91091.824.35$23,926
Nov 20130088.853.74$0
Oct 201309,66797.423.78$36,535
Sep 201307,225104.113.72$26,861
Aug 20131334,453104.253.52$29,551
Jul 201302,240102.523.72$8,328
Jun 201302,09994.403.93$8,256
May 201302,77994.834.15$11,530
Apr 2013394,60793.964.28$23,394
Mar 201304,47193.623.91$17,494
Feb 2013544,29491.233.42$19,612
Jan 201301,75491.603.42$5,999
Dec 201201,65586.773.42$5,660
Nov 201204,56886.953.62$16,559
Oct 201202,28589.383.40$7,768
Sep 201203,85194.672.92$11,239
Aug 201263,80792.662.91$11,627
Jul 201264,79085.133.02$14,980
Jun 201203,37079.822.52$8,489
May 201235,27691.612.49$13,403
Apr 201202,751101.652.00$5,493
Mar 201261,877105.052.22$4,801
Feb 201291,652101.102.57$5,156
Jan 201212098.092.73$1,177
Dec 2011242,98196.873.24$11,983
Nov 2011545,73295.723.31$24,149
Oct 2011985,51984.983.65$28,464
Sep 2011216,50983.623.99$27,700
Aug 20112083.404.15$167
Jul 2011172,86694.144.52$14,547
Jun 20110092.904.64$0
May 201101,05698.134.40$4,651
Apr 2011014,380105.964.33$62,313
Mar 2011186,16896.364.06$26,760
Feb 20110085.644.18$0
Jan 201192,47986.504.59$12,154
Dec 20103617,07685.734.35$77,328
Nov 20101013,82180.843.80$53,264
Oct 20103117178.103.51$3,021
Sep 20108021,09972.633.98$89,773
Aug 201020836,96073.684.42$178,665
Jul 201053166,20072.554.74$352,080
Jun 201081073,34670.364.91$417,150
May 20101,179102,40371.124.24$517,550
Apr 201064646,90181.694.12$246,130
Mar 20101,34097,99978.394.39$535,128
Feb 20101,14574,82873.585.44$491,490
Jan 20101,34285,42074.365.96$609,244
Dec 20091,51191,79371.445.48$611,316
Nov 20091,14589,32574.593.75$420,508
Oct 20091,77097,32572.544.11$528,426
Sep 20091,32977,97565.543.06$326,077
Aug 20091,50792,40167.423.22$398,995
Jul 20091,97496,69261.133.46$455,660
Jun 20091,84295,36966.163.90$493,329
May 20091,82798,20454.743.93$485,534
Apr 20091,92191,33046.773.59$417,492
Mar 20091,91696,38542.144.06$471,967
Feb 20091,54381,50832.814.63$428,252
Jan 20092,09396,03835.865.37$590,875
Dec 20081,88197,13437.105.98$650,369
Nov 200890851,31955.496.86$402,452
Oct 200892041,45375.246.92$356,158
Sep 200856830,477101.767.88$297,870
Aug 20081,49589,986114.228.48$934,112
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200809,625101.909.66$93,017

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.

Mar 2016 — as filed, then multipliedworked
Condensate            48 bbl  × $ 33.01 =     $1,584
Gas                    0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $1,584

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/236980 is the state's own key, not one this site invented.