TOBOLA OIL UNIT

Operated by GINGER PETROLEUM COMPANY, INC. (P-5 307235) in the CALDWELL, NE (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18488District 03Field 14713500NGPA filingOilCasinghead gasSaveExport
Value, all time
$836 k
Jan 1993 – Jan 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
no gaps in the span
Streams
2
oil, casinghead 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 109 leases and 120 wells, and the rule below applies to all of them.

Discovered
1980-04-28
as the register files it
Field class
Oil and 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 160 acres. The field rule took effect on 1985-11-01.

The Commission's schedule remark for this field reads: THIS FIELD COMBINED INTO THE GIDDINGS (BUDA) FIELD.

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
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
OilDisposition33,261 bbl$651,885
Casinghead gasProduction100,583 Mcf$184,189
Total$836,074

48,429 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.6639, -96.4887. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66393, -96.48867 · 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
8,259 ft
1 wells filed one
Completion to plug
29.2 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 8,259 ft.

Completions filed
Mar 1985
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 29.2 years across the 1 well that filed both dates, with the middle half between 29.2 years and 29.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0413126818,259 ftMar 1985May 2014Yes

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 (217)

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

217 months

Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 200549061.519.80$3,014
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 200504250.377.15$301
Feb 20050045.226.31$0
Jan 20050343.166.32$19
Dec 200401039.866.75$68
Nov 200417111845.286.33$8,490
Oct 20041817649.706.52$9,491
Sep 2004118343.245.28$1,010
Aug 200416118142.375.55$7,826
Jul 200417619538.286.08$7,924
Jun 200434411736.106.43$13,171
May 20041738637.486.49$7,043
Apr 2004211334.475.86$731
Mar 20041718534.365.53$6,346
Feb 2004264932.455.51$1,114
Jan 2004101132.036.30$390
Dec 20032830.266.30$111
Nov 20031328.804.60$43
Oct 200317030428.174.76$6,236
Sep 200334827726.314.75$10,471
Aug 2003032729.765.13$1,677
Jul 2003033329.415.17$1,722
Jun 200317636128.565.98$7,186
May 200317133626.595.97$6,554
Apr 200350234226.675.41$15,238
Mar 2003233531.146.10$2,104
Feb 2003135033.487.93$2,808
Jan 200334237530.315.58$12,459
Dec 2002625226.914.85$1,385
Nov 20021779824.664.14$4,770
Oct 2002113826.464.23$610
Sep 200217530527.443.64$5,911
Aug 200217447025.963.16$6,004
Jul 200217951724.583.06$5,983
Jun 200217758723.733.34$6,160
May 200234965024.663.58$10,936
Apr 200217746323.653.51$5,812
Mar 2002435222.003.10$1,180
Feb 200217242518.222.38$4,144
Jan 200217774317.172.38$4,804
Dec 200117876916.932.36$4,832
Nov 200117874418.072.41$5,006
Oct 200135479719.782.53$9,018
Sep 200118176924.262.25$6,122
Aug 200117962824.873.05$6,369
Jul 200118171023.933.20$6,601
Jun 200135080824.563.82$11,686
May 200150196025.524.31$16,921
Apr 2001057424.685.34$3,062
Mar 2001030524.545.38$1,640
Feb 20011821,01227.755.77$10,887
Jan 20013391,11727.478.40$18,694
Dec 20001811,20426.889.12$15,849
Nov 2000051732.215.66$2,925
Oct 20003711,19931.235.15$17,756
Sep 20001801,16731.875.19$11,789
Aug 20003571,33129.644.54$16,625
Jul 20005471,33528.534.09$21,066
Jun 20003521,44629.304.40$16,672
May 2000046027.263.68$1,693
Apr 2000029924.513.12$932
Mar 2000051928.422.86$1,484
Feb 200017559427.622.73$6,453
Jan 200034884025.272.48$10,878
Dec 199936388724.282.42$10,963
Nov 199935882223.192.43$10,303
Oct 199918183220.982.80$6,130
Sep 199936276221.752.62$9,869
Aug 199954688919.262.88$13,072
Jul 19995371,04217.892.37$12,079
Jun 19993691,00015.942.36$8,244
May 19993621,04515.792.32$8,141
Apr 19993641,16215.102.21$8,062
Mar 19997311,51012.471.84$11,891
Feb 19997291,2629.981.82$9,569
Jan 19997421,72110.381.90$10,972
Dec 19985521,4059.201.77$7,570
Nov 19981812,24110.892.19$6,869
Oct 1998030412.421.97$599
Sep 19981814412.592.08$2,370
Aug 1998013611.301.91$259
Jul 1998017211.742.24$385
Jun 1998019711.242.24$441
May 1998027912.622.21$616
Apr 1998035213.042.51$882
Mar 1998031212.802.31$721
Feb 1998026813.952.30$616
Jan 1998029314.702.15$631
Dec 1997031416.322.41$757
Nov 1997031218.193.09$964
Oct 1997033719.253.15$1,061
Sep 1997016417.742.95$485
Aug 199718511917.862.55$3,608
Jul 1997031217.582.25$701
Jun 1997026317.242.26$594
May 1997033218.972.31$766
Apr 1997028517.882.08$594
Mar 1997032218.951.94$624
Feb 1997035420.492.21$781
Jan 199718037923.483.54$5,568
Dec 1996035723.32$0
Nov 1996064421.97$0
Oct 1996055523.31$0
Sep 19960722.22$0
Aug 19960020.26$0
Jul 19961764819.55$3,441
Jun 19961841,07918.73$3,446
May 19963641,14419.43$7,073
Apr 19961811,01221.51$3,893
Mar 19961841,05419.38$3,566
Feb 199635697416.98$6,045
Jan 19963661,03217.07$6,248
Dec 19951761,03417.19$3,025
Nov 199535699016.00$5,696
Oct 19953631,17715.43$5,601
Sep 19953671,05616.18$5,938
Aug 19953581,08415.92$5,699
Jul 19951841,03315.24$2,804
Jun 199537395716.41$6,121
May 19951841,06717.56$3,231
Apr 19953761,04717.73$6,666
Mar 19953751,13916.44$6,165
Feb 19951891,01316.58$3,134
Jan 19953701,08815.92$5,890
Dec 19945451,18115.03$8,191
Nov 19943461,07715.90$5,501
Oct 19943601,28715.58$5,609
Sep 19945391,28815.29$8,241
Aug 19943551,35816.13$5,726
Jul 19945321,41917.56$9,342
Jun 19943601,31717.09$6,152
May 19945451,31315.88$8,655
Apr 19945271,41914.14$7,452
Mar 19941811,01412.46$2,255
Feb 19945391,15512.50$6,738
Jan 19943651,27312.66$4,621
Dec 19935491,05512.33$6,769
Nov 19933611,14214.49$5,231
Oct 19935281,21015.85$8,369
Sep 199335074515.03$5,261
Aug 19935291,27915.66$8,284
Jul 19935511,27615.46$8,518
Jun 199354360116.79$9,117
May 199336285917.68$6,400
Apr 19933611,14118.05$6,516
Mar 19935361,41218.14$9,723
Feb 19933641,01017.90$6,516
Jan 19935461,00716.93$9,244

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 2005 — as filed, then multipliedworked
Oil                   49 bbl  × $ 61.51 =     $3,014
Casinghead gas         0 Mcf  × $  9.80 =         $0

────────────────────────────────────────────────────
Month total                                   $3,014

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/O/18488 is the state's own key, not one this site invented.