GOLDSTON

Name: GOLDSTON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WYNN-CROSBY ENERGY, INC. (P-5 945580) in the MCALLEN RANCH (GUERRA, E.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122551District 04Field 58742039NGPA filingCondensateGasSave Export

Value, all time

$182 k

Jan 1993 – Jan 2005

Value, last 12 filed months

$153

at the published price for each month

Months reported

145

no gaps in the span

Streams

condensate, gas

The MCALLEN RANCH (GUERRA, E.) field

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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered

1986-10-02

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOC. FORMU. SUSP. ADMIN. EFF 3-1-94.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,152 bbl	$37,228
Gas	Production	118,209 Mcf	$144,978
Total			$182,206

68,061 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 26.5892, -98.1876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.58925, -98.18761 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

16,253 ft

1 wells filed one

Completion to plug

18.0 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 16,253 ft.

Completions filed

Oct 1986

1 of 1 wells

Plug dates filed

Oct 2004

1 of 1 wells

Last completion to plug: a median of 18.0 years across the 1 well that filed both dates, with the middle half between 18.0 years and 18.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21531703	1	16,253 ft	Oct 1986	Oct 2004	Yes

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 (145)

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

145 months


Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	4	0	38.28	6.08	$153
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	280	30.26	6.30	$1,764
Nov 2003	0	453	28.80	4.60	$2,082
Oct 2003	25	502	28.17	4.76	$3,094
Sep 2003	0	339	26.31	4.75	$1,610
Aug 2003	0	310	29.76	5.13	$1,590
Jul 2003	0	270	29.41	5.17	$1,396
Jun 2003	0	229	28.56	5.98	$1,370
May 2003	31	404	26.59	5.97	$3,237
Apr 2003	0	383	26.67	5.41	$2,071
Mar 2003	0	350	31.14	6.10	$2,134
Feb 2003	0	371	33.48	7.93	$2,941
Jan 2003	0	503	30.31	5.58	$2,808
Dec 2002	0	455	26.91	4.85	$2,208
Nov 2002	0	351	24.66	4.14	$1,452
Oct 2002	33	498	26.46	4.23	$2,979
Sep 2002	0	438	27.44	3.64	$1,592
Aug 2002	0	553	25.96	3.16	$1,750
Jul 2002	0	534	24.58	3.06	$1,635
Jun 2002	0	529	23.73	3.34	$1,766
May 2002	0	561	24.66	3.58	$2,011
Apr 2002	37	544	23.65	3.51	$2,786
Mar 2002	0	391	22.00	3.10	$1,213
Feb 2002	0	123	18.22	2.38	$292
Jan 2002	2	266	17.17	2.38	$666
Dec 2001	0	309	16.93	2.36	$731
Nov 2001	0	161	18.07	2.41	$387
Oct 2001	0	281	19.78	2.53	$711
Sep 2001	0	304	24.26	2.25	$684
Aug 2001	0	101	24.87	3.05	$308
Jul 2001	0	200	23.93	3.20	$639
Jun 2001	2	0	24.56	3.82	$49
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	14	24.68	5.34	$75
Mar 2001	0	13	24.54	5.38	$70
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	381	27.47	8.40	$3,200
Dec 2000	0	58	26.88	9.12	$529
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	134	31.23	5.15	$690
Sep 2000	13	16	31.87	5.19	$497
Aug 2000	0	703	29.64	4.54	$3,192
Jul 2000	0	38	28.53	4.09	$155
Jun 2000	0	28	29.30	4.40	$123
May 2000	0	1,035	27.26	3.68	$3,809
Apr 2000	0	335	24.51	3.12	$1,044
Mar 2000	0	500	28.42	2.86	$1,430
Feb 2000	0	500	27.62	2.73	$1,363
Jan 2000	0	500	25.27	2.48	$1,240
Dec 1999	0	500	24.28	2.42	$1,212
Nov 1999	105	498	23.19	2.43	$3,647
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	611	21.75	2.62	$1,600
Aug 1999	0	660	19.26	2.88	$1,898
Jul 1999	0	742	17.89	2.37	$1,760
Jun 1999	0	770	15.94	2.36	$1,819
May 1999	0	722	15.79	2.32	$1,676
Apr 1999	176	719	15.10	2.21	$4,245
Mar 1999	0	865	12.47	1.84	$1,590
Feb 1999	0	848	9.98	1.82	$1,541
Jan 1999	0	929	10.38	1.90	$1,765
Dec 1998	0	1,161	9.20	1.77	$2,059
Nov 1998	0	1,005	10.89	2.19	$2,197
Oct 1998	0	995	12.42	1.97	$1,959
Sep 1998	171	1,117	12.59	2.08	$4,479
Aug 1998	0	951	11.30	1.91	$1,814
Jul 1998	0	1,131	11.74	2.24	$2,530
Jun 1998	0	968	11.24	2.24	$2,166
May 1998	174	1,027	12.62	2.21	$4,462
Apr 1998	0	1,151	13.04	2.51	$2,884
Mar 1998	0	1,352	12.80	2.31	$3,122
Feb 1998	169	1,142	13.95	2.30	$4,983
Jan 1998	0	1,212	14.70	2.15	$2,612
Dec 1997	0	1,163	16.32	2.41	$2,804
Nov 1997	0	975	18.19	3.09	$3,011
Oct 1997	0	1,318	19.25	3.15	$4,151
Sep 1997	0	1,025	17.74	2.95	$3,029
Aug 1997	155	1,251	17.86	2.55	$5,964
Jul 1997	0	1,021	17.58	2.25	$2,294
Jun 1997	0	1,115	17.24	2.26	$2,517
May 1997	0	1,513	18.97	2.31	$3,493
Apr 1997	0	1,047	17.88	2.08	$2,181
Mar 1997	0	1,286	18.95	1.94	$2,494
Feb 1997	180	1,110	20.49	2.21	$6,137
Jan 1997	0	1,000	23.48	3.54	$3,540
Dec 1996	0	1,049	23.32	—	$0
Nov 1996	0	1,120	21.97	—	$0
Oct 1996	0	1,250	23.31	—	$0
Sep 1996	0	1,325	22.22	—	$0
Aug 1996	0	1,126	20.26	—	$0
Jul 1996	0	1,177	19.55	—	$0
Jun 1996	0	1,230	18.73	—	$0
May 1996	168	1,291	19.43	—	$3,264
Apr 1996	0	1,328	21.51	—	$0
Mar 1996	0	1,319	19.38	—	$0
Feb 1996	0	1,129	16.98	—	$0
Jan 1996	0	1,142	17.07	—	$0
Dec 1995	0	1,177	17.19	—	$0
Nov 1995	0	1,176	16.00	—	$0
Oct 1995	0	1,236	15.43	—	$0
Sep 1995	0	1,224	16.18	—	$0
Aug 1995	0	1,357	15.92	—	$0
Jul 1995	0	1,418	15.24	—	$0
Jun 1995	0	1,272	16.41	—	$0
May 1995	0	782	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	173	1,292	16.44	—	$2,844
Feb 1995	0	1,775	16.58	—	$0
Jan 1995	0	1,644	15.92	—	$0
Dec 1994	0	1,625	15.03	—	$0
Nov 1994	0	1,462	15.90	—	$0
Oct 1994	0	1,600	15.58	—	$0
Sep 1994	0	1,533	15.29	—	$0
Aug 1994	0	1,496	16.13	—	$0
Jul 1994	179	1,528	17.56	—	$3,143
Jun 1994	0	1,915	17.09	—	$0
May 1994	0	1,396	15.88	—	$0
Apr 1994	0	976	14.14	—	$0
Mar 1994	0	1,369	12.46	—	$0
Feb 1994	0	1,458	12.50	—	$0
Jan 1994	0	1,614	12.66	—	$0
Dec 1993	0	1,511	12.33	—	$0
Nov 1993	0	1,484	14.49	—	$0
Oct 1993	0	1,465	15.85	—	$0
Sep 1993	0	1,540	15.03	—	$0
Aug 1993	171	1,741	15.66	—	$2,678
Jul 1993	0	1,863	15.46	—	$0
Jun 1993	0	1,780	16.79	—	$0
May 1993	0	1,889	17.68	—	$0
Apr 1993	0	1,857	18.05	—	$0
Mar 1993	0	1,982	18.14	—	$0
Feb 1993	0	1,795	17.90	—	$0
Jan 1993	184	2,343	16.93	—	$3,115

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.

Jul 2004 — as filed, then multipliedworked

Condensate             4 bbl  × $ 38.28 =       $153
Gas                    0 Mcf  × $  6.08 =         $0

────────────────────────────────────────────────────
Month total                                     $153

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. 04/G/122551 is the state's own key, not one this site invented.