GARY, J.B. ET AL

Operated by PEGASUS OPERATING, INC. (P-5 650621) in the BOLING, SOUTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22155District 03Field 10233001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$236 k
Aug 1993 – Jan 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
198
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 16 leases and 64 wells, and the rule below applies to all of them.

Discovered
1952-11-01
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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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

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
OilDisposition9,458 bbl$236,060
Casinghead gasProduction24 Mcf$0
Total$236,060

24 Mcf of this lease's gas, across 24 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 (2)

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 29.2671, -95.9183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

29.26707, -95.91832 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,512 ft
2 wells filed one
Completion to plug
15.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 2,426 and 2,598 ft, median 2,512 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1993 – Mar 1994
2 of 2 wells
Plug dates filed
Oct 2009
2 of 2 wells

Last completion to plug: a median of 15.9 years across the 2 wells that filed both dates, with the middle half between 15.8 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-48133680142,598 ftMar 1994Oct 2009Yes
42-48133649122,426 ftAug 1993Oct 2009Yes

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 (198)

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

198 months

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 2007155082.856.92$12,842
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 2007160056.927.30$9,107
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006157054.207.62$8,509
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006157068.717.34$10,787
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006156064.397.36$10,045
Mar 20060056.707.08$0
Feb 2006156057.597.75$8,984
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005162058.3413.80$9,451
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005159055.697.84$8,855
Jun 20050052.337.38$0
May 2005157045.226.65$7,100
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005159045.226.31$7,190
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002160027.443.64$4,390
Aug 20020025.963.16$0
Jul 2002160024.583.06$3,933
Jun 2002154023.733.34$3,654
May 2002164024.663.58$4,044
Apr 2002161023.653.51$3,808
Mar 2002156022.003.10$3,432
Feb 2002181018.222.38$3,298
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001158024.563.82$3,880
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000170024.513.12$4,167
Mar 2000162028.422.86$4,604
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999143019.262.88$2,754
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
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 199817012.592.08$214
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998166011.242.24$1,866
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998160012.802.31$2,048
Feb 19980013.952.30$0
Jan 1998167014.702.15$2,455
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997163019.253.15$3,138
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997156017.582.25$2,742
Jun 19970017.242.26$0
May 1997173018.972.31$3,282
Apr 19970017.882.08$0
Mar 1997163018.951.94$3,089
Feb 19970020.492.21$0
Jan 1997176023.483.54$4,132
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996152023.31$3,543
Sep 19960022.22$0
Aug 1996161020.26$3,262
Jul 19960019.55$0
Jun 1996164018.73$3,072
May 1996172019.43$3,342
Apr 19960021.51$0
Mar 1996170019.38$3,295
Feb 1996154016.98$2,615
Jan 19960017.07$0
Dec 1995169017.19$2,905
Nov 19950016.00$0
Oct 1995172115.43$2,654
Sep 1995170116.18$2,751
Aug 1995163115.92$2,595
Jul 1995171115.24$2,606
Jun 1995166116.41$2,724
May 1995157117.56$2,757
Apr 19950117.73$0
Mar 1995319116.44$5,244
Feb 1995163116.58$2,703
Jan 19950115.92$0
Dec 1994168015.03$2,525
Nov 19940015.90$0
Oct 1994329115.58$5,126
Sep 19940115.29$0
Aug 199493116.13$1,500
Jul 1994105117.56$1,844
Jun 19940117.09$0
May 1994158115.88$2,509
Apr 1994162114.14$2,291
Mar 19940112.46$0
Feb 19940112.50$0
Jan 1994160112.66$2,026
Dec 1993154112.33$1,899
Nov 1993162114.49$2,347
Oct 1993325115.85$5,151
Sep 1993331115.03$4,975
Aug 19930015.66$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.

Oct 2007 — as filed, then multipliedworked
Oil                  155 bbl  × $ 82.85 =    $12,842
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                  $12,842

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/22155 is the state's own key, not one this site invented.