GARWOOD - TAUB

Operated by MCRAE EXPLORATION & PROD., INC. (P-5 555895) in the HANKAMER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21252District 03Field 38693001OilCasinghead gasSaveExport
Value, all time
$212 k
Jan 1993 – Mar 1999
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
75
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 other leases, and the rule below applies to all of them.

Discovered
1929-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME FIELD

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
OilDisposition13,288 bbl$211,679
Casinghead gasProduction1,970 Mcf$0
Total$211,679

1,970 Mcf of this lease's gas, across 21 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 29.8987, -94.5760. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89866, -94.57604 · 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
5,500 ft
1 wells filed one
Completion to plug
31.0 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 5,500 ft.

Completions filed
Oct 1991
1 of 1 wells
Plug dates filed
Oct 2022
1 of 1 wells

Last completion to plug: a median of 31.0 years across the 1 well that filed both dates, with the middle half between 31.0 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2913213315,500 ftOct 1991Oct 2022Yes

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 (75)

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

75 months

Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998252013.042.51$3,286
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 199727016.322.41$441
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 199732017.862.55$572
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 199648022.22$1,067
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996176017.07$3,004
Dec 1995512017.19$8,801
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995313016.18$5,064
Aug 1995311015.92$4,951
Jul 1995326015.24$4,968
Jun 1995322016.41$5,284
May 1995338017.56$5,935
Apr 1995171017.73$3,032
Mar 1995495016.44$8,138
Feb 1995323016.58$5,355
Jan 1995165015.92$2,627
Dec 1994175015.03$2,630
Nov 19940015.90$0
Oct 19940015.58$0
Sep 1994505115.29$7,721
Aug 1994330116.13$5,323
Jul 1994339117.56$5,953
Jun 1994356117.09$6,084
May 1994558115.88$8,861
Apr 19943839014.14$5,416
Mar 19947689312.46$9,569
Feb 19945758412.50$7,188
Jan 19941953012.66$2,469
Dec 19933765112.33$4,636
Nov 19933884814.49$5,622
Oct 19933737515.85$5,912
Sep 19931865715.03$2,796
Aug 19933598115.66$5,622
Jul 19931745115.46$2,690
Jun 19933446916.79$5,776
May 19933598617.68$6,347
Apr 199370210218.05$12,671
Mar 199392136718.14$16,707
Feb 199336328317.90$6,498
Jan 199374839816.93$12,664

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 1998 — as filed, then multipliedworked
Oil                  252 bbl  × $ 13.04 =     $3,286
Casinghead gas         0 Mcf  × $  2.51 =         $0

────────────────────────────────────────────────────
Month total                                   $3,286

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/21252 is the state's own key, not one this site invented.