GOFF 5

Operated by GOLDENROD GAS, INC. (P-5 313121) in the PEARESON (3700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263242District 03Field 69939333GasSaveExport
Value, all time
$844 k
Jan 2011 – Jul 2023
Value, last 12 filed months
$45
at the published price for each month
Months reported
151
no gaps in the span
Streams
1
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1971-03-26
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 1979-11-19.

The Commission's schedule remark for this field reads: PER DOCKET 3-74186 EFF 11-19-79, FIELD RULES ADOPTED.

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
GasProduction229,367 Mcf$843,512
Total$843,512

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 29.2023, -96.5474. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.20229, -96.54736 · 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
5,024 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 5,024 ft.

Completions filed
Jan 2011
1 of 1 wells
Plug dates filed
Jun 2023
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

42-4813516455,024 ftJan 2011Jun 2023Yes

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 (151)

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

151 months

Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023178.122.24$2
Mar 2023172.852.39$2
Feb 2023175.112.47$2
Jan 2023176.533.39$3
Dec 2022176.415.73$6
Nov 2022185.005.65$6
Oct 2022187.185.86$6
Sep 2022184.888.16$8
Aug 2022194.529.13$9
Jul 20221101.587.54$8
Jun 20221115.097.98$8
May 20221109.378.43$8
Apr 20221104.226.84$7
Mar 20221108.885.08$5
Feb 2022191.054.86$5
Jan 2022181.844.54$5
Dec 2021171.323.90$4
Nov 2021177.435.24$5
Oct 2021179.795.71$6
Sep 2021169.865.35$5
Aug 2021166.024.22$4
Jul 2021170.783.98$4
Jun 20215169.493.38$172
May 20215863.483.02$175
Apr 20215660.362.76$154
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 201517632.362.00$352
Nov 20151,60338.792.17$3,474
Oct 20151,72043.552.43$4,174
Sep 20152,19942.992.76$6,066
Aug 20152,83340.162.87$8,138
Jul 20152,89148.152.95$8,514
Jun 20152,84256.152.88$8,193
May 20153,13855.212.96$9,274
Apr 20153,61649.822.71$9,787
Mar 20153,05642.892.93$8,968
Feb 20152,15044.662.98$6,399
Jan 20153,40843.433.10$10,567
Dec 20144,54054.693.59$16,305
Nov 20144,22870.464.25$17,977
Oct 20144,66678.303.90$18,202
Sep 20144,45486.164.05$18,018
Aug 20143,84689.394.04$15,519
Jul 20142,23796.564.18$9,350
Jun 20141,93798.164.74$9,175
May 20141,45094.734.73$6,854
Apr 20141,47895.944.81$7,108
Mar 20142,47995.895.06$12,536
Feb 20141,32597.406.19$8,204
Jan 20141,04490.404.86$5,075
Dec 20131,66691.824.35$7,255
Nov 20131,84688.853.74$6,901
Oct 20133,07697.423.78$11,625
Sep 20131,415104.113.72$5,261
Aug 20132,096104.253.52$7,383
Jul 2013699102.523.72$2,599
Jun 20132,69794.403.93$10,608
May 20132,90794.834.15$12,061
Apr 20132,53493.964.28$10,852
Mar 20132,45193.623.91$9,590
Feb 20131,88491.233.42$6,443
Jan 20132,47491.603.42$8,461
Dec 20121,78386.773.42$6,098
Nov 20122,72486.953.62$9,874
Oct 20123,43489.383.40$11,675
Sep 20123,97394.672.92$11,595
Aug 20123,42392.662.91$9,955
Jul 20123,60985.133.02$10,902
Jun 20123,38179.822.52$8,517
May 20124,35891.612.49$10,844
Apr 20124,292101.652.00$8,570
Mar 20124,816105.052.22$10,702
Feb 20124,577101.102.57$11,764
Jan 20124,93298.092.73$13,484
Dec 20115,84596.873.24$18,936
Nov 20116,85295.723.31$22,689
Oct 20117,53484.983.65$27,488
Sep 20117,21983.623.99$28,773
Aug 20117,30583.404.15$30,311
Jul 20118,16494.144.52$36,879
Jun 20118,63392.904.64$40,056
May 20118,70498.134.40$38,340
Apr 20118,331105.964.33$36,101
Mar 20119,12096.364.06$37,003
Feb 20118,43085.644.18$35,237
Jan 20118,68086.504.59$39,831

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 2023 — as filed, then multipliedworked
Gas                    1 Mcf  × $  2.24 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/263242 is the state's own key, not one this site invented.