GAY, JOHN M.

Operated by DAYLIGHT PETROLEUM LLC (P-5 208171) in the NEW ULM (LWR WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26621District 03Field 65248075OilCasinghead gasSaveExport
Value, all time
$337 k
May 2014 – Feb 2020
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
70
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 40 leases and 44 wells, and the rule below applies to all of them.

Discovered
2006-10-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: AND TWO PART ALLOCATION FORMULA WHICH IS SUSPENDED.

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
OilDisposition5,517 bbl$293,599
Casinghead gasProduction13,506 Mcf$43,244
Total$336,843

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 29.8524, -96.4647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.85243, -96.46465 · 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
11,200 ft
1 wells filed one
Completion to plug
5.6 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 11,200 ft.

Completions filed
May 2014
1 of 1 wells
Plug dates filed
Dec 2019
1 of 1 wells

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-08930170111,200 ftMay 2014Dec 2019Yes

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 (70)

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

70 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019167059.012.30$9,855
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019183762.632.75$11,481
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018180065.142.93$11,725
Jun 20180460.183.08$12
May 20180565.382.90$15
Apr 201801563.842.90$44
Mar 201818411561.222.79$11,585
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170357.272.92$9
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017183047.523.09$8,696
Aug 201701045.373.00$30
Jul 201701743.873.09$52
Jun 2017180042.493.09$7,648
May 20170345.373.26$10
Apr 20171834947.933.21$8,929
Mar 201706746.772.98$200
Feb 20170050.452.95$0
Jan 201704049.413.42$137
Dec 201609848.763.72$365
Nov 2016181042.492.64$7,691
Oct 20160046.193.09$0
Sep 2016171041.553.10$7,105
Aug 20160041.442.92$0
Jul 2016173041.622.92$7,200
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016168033.011.79$5,546
Feb 2016365026.472.06$9,662
Jan 20160027.352.36$0
Dec 201518646132.362.00$6,942
Nov 201518377038.792.17$8,767
Oct 20151861,17043.552.43$10,939
Sep 20151841,01142.992.76$10,699
Aug 20150040.162.87$0
Jul 201518544848.152.95$10,227
Jun 201518235156.152.88$11,231
May 201518275755.212.96$12,286
Apr 201517883049.822.71$11,114
Mar 20153561,14742.892.93$18,635
Feb 20151861,26344.662.98$12,066
Jan 2015028043.433.10$868
Dec 2014188054.693.59$10,282
Nov 201416810170.464.25$12,267
Oct 201419597678.303.90$19,076
Sep 20141701,04686.164.05$18,879
Aug 20141871,22389.394.04$21,651
Jul 201418976496.564.18$21,443
Jun 20149447598.164.74$11,477
May 20140094.734.73$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.

Dec 2019 — as filed, then multipliedworked
Oil                  167 bbl  × $ 59.01 =     $9,855
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $9,855

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/26621 is the state's own key, not one this site invented.