JOY PARTNERS, ET AL

Operated by GORDY OIL COMPANY (P-5 317150) in the HAT SIX (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265277District 03Field 39610500CondensateGasSaveExport
Value, all time
$1.8 M
Apr 2011 – Aug 2016
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
65
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2011-04-08
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

The Commission's schedule remark for this field reads: CORRELATIVE INTERVAL 10402-10472 FEET AS DESIGNATED ON THE

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
CondensateDisposition5,827 bbl$531,003
GasProduction416,695 Mcf$1,253,497
Total$1,784,500

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 30.1946, -95.1072. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.19458, -95.10719 · 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
10,727 ft
1 wells filed one
Completion to plug
5.3 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 10,727 ft.

Completions filed
Apr 2011
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-33931105110,727 ftApr 2011Aug 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 (65)

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

65 months

Aug 20165641.442.92$225
Jul 201684141.622.92$3,499
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016012136.561.99$241
Mar 201605733.011.79$102
Feb 201601,37726.472.06$2,842
Jan 201601,36627.352.36$3,230
Dec 201501,73132.362.00$3,464
Nov 20152121,53338.792.17$11,546
Oct 201501,55043.552.43$3,761
Sep 201511,52342.992.76$4,244
Aug 201501,74640.162.87$5,015
Jul 201511,86348.152.95$5,535
Jun 201502,48656.152.88$7,167
May 201501,26855.212.96$3,748
Apr 20151891,21049.822.71$12,691
Mar 201501,78042.892.93$5,224
Feb 201501,84944.662.98$5,503
Jan 201502,38343.433.10$7,389
Dec 201401,21054.693.59$4,346
Nov 201401,81170.464.25$7,700
Oct 201402,11278.303.90$8,239
Sep 201401,83486.164.05$7,419
Aug 20141822,80489.394.04$27,583
Jul 201412,87096.564.18$12,092
Jun 201402,69998.164.74$12,785
May 201402,72894.734.73$12,894
Apr 201413,59595.944.81$17,385
Mar 20142093,01695.895.06$35,292
Feb 201402,82197.406.19$17,468
Jan 201403,60990.404.86$17,542
Dec 201304,42991.824.35$19,286
Nov 20131884,78888.853.74$34,603
Oct 201307,52597.423.78$28,440
Sep 201303,805104.113.72$14,146
Aug 20131845,015104.253.52$36,848
Jul 201303,248102.523.72$12,075
Jun 201315,58994.403.93$22,078
May 201307,85594.834.15$32,591
Apr 201308,67293.964.28$37,139
Mar 201319510,34893.623.91$58,746
Feb 2013011,56691.233.42$39,555
Jan 201320612,86291.603.42$62,856
Dec 20121928,03886.773.42$44,151
Nov 2012010,15486.953.62$36,808
Oct 201218810,61789.383.40$52,898
Sep 201219710,35094.672.92$48,855
Aug 201219818,28392.662.91$71,517
Jul 201237022,54785.133.02$99,608
Jun 201219829,05379.822.52$88,990
May 201257536,79791.612.49$144,238
Apr 201275738,127101.652.00$153,081
Mar 201256437,651105.052.22$142,912
Feb 201273131,722101.102.57$155,437
Jan 201219822,69598.092.73$81,472
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$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.

Aug 2016 — as filed, then multipliedworked
Condensate             5 bbl  × $ 41.44 =       $207
Gas                    6 Mcf  × $  2.92 =        $18

────────────────────────────────────────────────────
Month total                                     $225

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/265277 is the state's own key, not one this site invented.