GILBERT-FREEMAN

Operated by SANDEL OPERATING COMPANY (P-5 747534) in the CYPRESS EAGLE (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242402District 03Field 224705002 tax incentive programmesCondensateGasSaveExport
Value, all time
$50.1 M
Aug 2008 – May 2026
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
214
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
2007-10-18
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 40 acres. The field rule took effect on 2008-01-28.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2010.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-01-23188452
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition179,011 bbl$12,627,452
GasProduction8,232,012 Mcf$37,485,765
Total$50,113,217

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 29.4647, -96.1781. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.46472, -96.17811 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,200 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
00.0%
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.
1100.0%

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 12,200 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-48134979212,200 ftAug 2012

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 (214)

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

214 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026179063.503.75$11,367
Jan 202606,76059.138.00$54,066
Dec 202506,08456.664.41$26,851
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20251885,14666.483.13$28,599
May 202502,27560.553.23$7,354
Apr 202506,02462.363.54$21,344
Mar 202504,58467.704.27$19,566
Feb 20251816,55570.884.34$41,283
Jan 202505,54574.324.28$23,725
Dec 20241797,04368.993.12$34,333
Nov 202406,39569.052.20$14,059
Oct 20241785,75771.372.28$25,838
Sep 202408,36669.612.36$19,780
Aug 202405,81875.632.06$12,006
Jul 20241595,54179.932.15$24,603
Jun 202408,62878.082.63$22,726
May 202408,20678.812.20$18,040
Apr 20241827,77184.451.66$28,264
Mar 202406,37480.301.55$9,849
Feb 20241797,53176.091.78$27,053
Jan 202407,98573.023.30$26,332
Dec 20231848,14071.262.61$34,363
Nov 202308,01977.892.81$22,514
Oct 20231777,69085.443.09$38,864
Sep 202306,50689.042.74$17,794
Aug 2023059280.522.67$1,582
Jul 20231653,40074.852.64$21,332
Jun 202305,78768.962.26$13,070
May 20231775,21970.622.23$24,125
Apr 202307,50878.122.24$16,801
Mar 20231764,76172.852.39$24,215
Feb 20231794,90775.112.47$25,544
Jan 202304,35176.533.39$14,740
Dec 20221782,99976.415.73$30,782
Nov 202206,43285.005.65$36,316
Oct 20221808,11587.185.86$63,277
Sep 202207,97984.888.16$65,138
Aug 20221766,82394.529.13$78,910
Jul 202206,678101.587.54$50,366
Jun 20221915,933115.097.98$69,311
May 202205,135109.378.43$43,304
Apr 202202,563104.226.84$17,525
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
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 2020083730.341.86$1,554
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 201948056.803.06$2,726
Feb 201903850.852.79$106
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 201701,17055.423.12$3,648
Oct 201701,39749.292.98$4,168
Sep 20171422,45647.523.09$14,330
Aug 201702,82145.373.00$8,475
Jul 2017069543.873.09$2,146
Jun 201701,75842.493.09$5,427
May 201701,26445.373.26$4,125
Apr 201701,37747.933.21$4,422
Mar 2017621,68346.772.98$7,921
Feb 201701,20650.452.95$3,561
Jan 20171772,73149.413.42$18,082
Dec 201603,64348.763.72$13,562
Nov 201602,11442.492.64$5,590
Oct 201602,80346.193.09$8,662
Sep 201604,02941.553.10$12,492
Aug 20161694,02841.442.92$18,783
Jul 201603,06641.622.92$8,966
Jun 20161637,15545.352.69$26,609
May 201607,88442.521.99$15,697
Apr 20161086,27736.561.99$16,446
Mar 20161098,12433.011.79$18,173
Feb 20161812,21226.472.06$9,356
Jan 201601,20527.352.36$2,849
Dec 201501,18732.362.00$2,376
Nov 201501,87238.792.17$4,057
Oct 201518311,48743.552.43$35,844
Sep 201516911,83942.992.76$39,922
Aug 20151785,78340.162.87$23,760
Jul 201501,56748.152.95$4,615
Jun 20151778,09056.152.88$33,261
May 201517414,61755.212.96$52,806
Apr 201517910,09649.822.71$36,243
Mar 201517813,08242.892.93$46,026
Feb 20153549,07744.662.98$42,825
Jan 201507,02343.433.10$21,776
Dec 201425410,62354.693.59$52,042
Nov 201418014,48170.464.25$74,254
Oct 201435615,03578.303.90$86,526
Sep 201417816,30186.164.05$81,281
Aug 201435018,05889.394.04$104,153
Jul 201417719,05796.564.18$96,742
Jun 201433118,89298.164.74$121,980
May 201435921,19394.734.73$134,178
Apr 201434921,97795.944.81$139,173
Mar 201451224,30595.895.06$172,001
Feb 201417921,98997.406.19$153,590
Jan 201453225,83990.404.86$173,689
Dec 201335626,39991.824.35$147,642
Nov 201353526,89488.853.74$148,072
Oct 201335428,91197.423.78$143,752
Sep 201352028,930104.113.72$161,691
Aug 201334331,263104.253.52$145,885
Jul 201349932,287102.523.72$171,192
Jun 201335232,24294.403.93$160,050
May 201352634,80894.834.15$194,302
Apr 201370934,20393.964.28$213,095
Mar 201370337,97993.623.91$214,422
Feb 201353936,23291.233.42$173,083
Jan 201389239,36991.603.42$216,346
Dec 201252842,95286.773.42$192,717
Nov 201270844,26386.953.62$222,012
Oct 201270748,52789.383.40$228,168
Sep 201253246,83494.672.92$187,045
Aug 201287643,11392.662.91$206,550
Jul 201253155,25985.133.02$212,130
Jun 201286759,32779.822.52$218,651
May 201270367,05091.612.49$231,244
Apr 20121,21669,179101.652.00$261,743
Mar 20121,05877,683105.052.22$283,761
Feb 20121,37176,305101.102.57$334,730
Jan 20121,22483,49098.092.73$348,331
Dec 20111,24384,27696.873.24$393,442
Nov 20111,22781,83695.723.31$388,430
Oct 20111,39680,93684.983.65$413,930
Sep 20111,38794,61583.623.99$493,097
Aug 20111,73189,70583.404.15$516,580
Jul 20111,57095,67994.144.52$580,005
Jun 20111,58484,54092.904.64$539,409
May 20111,74693,57798.134.40$583,525
Apr 20111,76894,591105.964.33$597,227
Mar 20111,970104,88896.364.06$615,395
Feb 20111,75891,91585.644.18$534,758
Jan 20111,966109,57386.504.59$672,865
Dec 20102,098112,39485.734.35$668,523
Nov 20102,143110,07480.843.80$591,007
Oct 20102,651115,76878.103.51$613,260
Sep 20102,405115,52472.633.98$634,399
Aug 20102,483122,67273.684.42$725,079
Jul 20102,634128,26972.554.74$798,642
Jun 20102,118127,63870.364.91$775,776
May 20102,791136,32171.124.24$775,845
Apr 20103,019135,68181.694.12$805,993
Mar 20103,153151,75078.394.39$913,144
Feb 20103,374140,04673.585.44$1,010,440
Jan 20103,376162,11274.365.96$1,217,890
Dec 20093,737170,94171.445.48$1,204,369
Nov 20094,257179,42474.593.75$990,639
Oct 20091,75879,99972.544.11$456,341
Sep 20092,12668,40465.543.06$348,979
Aug 20094,714201,83567.423.22$967,424
Jul 20095,382214,85761.133.46$1,073,374
Jun 20095,426221,49366.163.90$1,221,699
May 20096,189237,61954.743.93$1,271,619
Apr 20095,726208,34446.773.59$1,015,239
Mar 20097,607288,36742.144.06$1,491,041
Feb 20096,907263,54532.814.63$1,447,623
Jan 20098,550303,52535.865.37$1,936,836
Dec 20088,916305,70437.105.98$2,158,019
Nov 20088,659305,32155.496.86$2,575,100
Oct 20088,734310,74275.246.92$2,808,096
Sep 20086,707236,026101.767.88$2,541,702
Aug 20085,660224,619114.228.48$2,551,933

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.

Feb 2026 — as filed, then multipliedworked
Condensate           179 bbl  × $ 63.50 =    $11,367
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $11,367

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/242402 is the state's own key, not one this site invented.