GAEKE

Operated by UNION PACIFIC AUSTIN CHALK CO. (P-5 876664) in the BIG -A- TAYLOR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20474District 03Field 07728600OilCasinghead gasSaveExport
Value, all time
$54 k
Jan 1993 – Apr 1998
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
64
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 98 leases and 98 wells, and the rule below applies to all of them.

Discovered
1981-09-15
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 80 acres. The field rule took effect on 1983-12-19.

The Commission's schedule remark for this field reads: SUSPENDED (EFF 5-1-98) AND FIELD BALANCED EFF 6-1-98.

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
OilDisposition2,796 bbl$49,259
Casinghead gasProduction12,204 Mcf$4,583
Total$53,842

10,381 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 30.2042, -96.8800. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20424, -96.88001 · 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
8,820 ft
1 wells filed one
Completion to plug
8.7 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 8,820 ft.

Completions filed
Jun 1989
1 of 1 wells
Plug dates filed
Feb 1998
1 of 1 wells

Last completion to plug: a median of 8.7 years across the 1 well that filed both dates, with the middle half between 8.7 years and 8.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2873124718,820 ftJun 1989Feb 1998Yes

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 (64)

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

64 months

Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 199867013.952.30$935
Jan 19980014.702.15$0
Dec 199714116.322.41$115
Nov 199713018.193.09$111
Oct 199712219.253.15$89
Sep 19970017.742.95$0
Aug 199712617.862.55$84
Jul 19970817.582.25$18
Jun 19970917.242.26$20
May 19971748018.972.31$3,485
Apr 1997024617.882.08$512
Mar 1997047218.951.94$915
Feb 199718240620.492.21$4,625
Jan 1997048323.483.54$1,710
Dec 1996055723.32$0
Nov 1996058421.97$0
Oct 199614730123.31$3,427
Sep 1996025622.22$0
Aug 199615726720.26$3,181
Jul 1996022319.55$0
Jun 1996025418.73$0
May 199617625419.43$3,420
Apr 1996023421.51$0
Mar 1996121519.38$19
Feb 1996044616.98$0
Jan 199625345117.07$4,319
Dec 1995036617.19$0
Nov 199517949016.00$2,864
Oct 1995036615.43$0
Sep 1995134216.18$16
Aug 199516544015.92$2,627
Jul 1995017615.24$0
Jun 1995041516.41$0
May 199518045817.56$3,161
Apr 199517552217.73$3,103
Mar 199515160716.44$2,482
Feb 199516356116.58$2,703
Jan 199517656915.92$2,802
Dec 199417024415.03$2,555
Nov 1994178915.90$2,830
Oct 199402515.58$0
Sep 199404715.29$0
Aug 19940316.13$0
Jul 19940017.56$0
Jun 199402417.09$0
May 199403415.88$0
Apr 199403014.14$0
Mar 199403212.46$0
Feb 199401512.50$0
Jan 199403512.66$0
Dec 199301012.33$0
Nov 199302414.49$0
Oct 199301415.85$0
Sep 199304815.03$0
Aug 199306015.66$0
Jul 199302915.46$0
Jun 199303516.79$0
May 1993973017.68$1,715
Apr 199301718.05$0
Mar 199309118.14$0
Feb 1993011817.90$0
Jan 199305316.93$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.

Feb 1998 — as filed, then multipliedworked
Oil                   67 bbl  × $ 13.95 =       $935
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                     $935

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/20474 is the state's own key, not one this site invented.