G.B.G.L. & C. CO., LTD.

Operated by ROSETTA RESOURCES OPERATING LP (P-5 728883) in the BECCERO CREEK (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148706District 04Field 065852002 tax incentive programmesCondensateGasSaveExport
Value, all time
$688 k
Feb 1994 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
no gaps in the span
Streams
2
condensate, 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 247 leases and 247 wells, and the rule below applies to all of them.

Discovered
2008-01-28
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-01-28.

The Commission's schedule remark for this field reads: NO BETWEEN WELL SPACING. ALLOCATION FORMULA SUSPENDED.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111994-04-22130021
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition362 bbl$12,478
GasProduction1,011,502 Mcf$675,787
Total$688,265

835,359 Mcf of this lease's gas, across 35 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 27.6521, -99.2525. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.65209, -99.25250 · 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
8,100 ft
1 wells filed one
Completion to plug
18.3 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 8,100 ft.

Completions filed
Feb 1994
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936005118,100 ftFeb 1994Jun 2012Yes

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 (221)

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

221 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
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 20070082.856.92$0
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 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20065064.397.36$322
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006026660.598.93$2,376
Dec 20051160854.9413.42$8,761
Nov 2005055754.6910.59$5,898
Oct 2005062558.3413.80$8,622
Sep 2005052261.4512.08$6,305
Aug 2005066761.519.80$6,534
Jul 20051262055.697.84$5,531
Jun 2005062252.337.38$4,591
May 2005062145.226.65$4,130
Apr 2005058449.207.36$4,299
Mar 2005054450.377.15$3,892
Feb 20051752045.226.31$4,051
Jan 2005058343.166.32$3,686
Dec 2004051439.866.75$3,470
Nov 200401,36645.286.33$8,647
Oct 2004211,61349.706.52$11,553
Sep 200401,49743.245.28$7,910
Aug 200401,54142.375.55$8,554
Jul 2004231,01938.286.08$7,080
Jun 200401,32936.106.43$8,549
May 200401,74637.486.49$11,340
Apr 2004221,71034.475.86$10,776
Mar 2004191,56634.365.53$9,313
Feb 200401,37432.455.51$7,570
Jan 2004221,39532.036.30$9,493
Dec 200301,62730.266.30$10,253
Nov 2003241,80628.804.60$8,990
Oct 2003262,32028.174.76$11,775
Sep 2003212,34126.314.75$11,671
Aug 200301,65529.765.13$8,490
Jul 2003282,35629.415.17$13,006
Jun 2003343,11428.565.98$19,602
May 200303,39526.595.97$20,277
Apr 2003334,79626.675.41$26,813
Mar 2003213,91531.146.10$24,520
Feb 2003232,21933.487.93$18,358
Jan 200302,10430.315.58$11,745
Dec 20020026.914.85$0
Nov 2002045724.664.14$1,891
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
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 20010024.563.82$0
May 200101325.524.31$56
Apr 200101,75524.685.34$9,363
Mar 2001012024.545.38$645
Feb 2001011627.755.77$669
Jan 2001039227.478.40$3,292
Dec 200001,34826.889.12$12,297
Nov 2000074732.215.66$4,227
Oct 2000091831.235.15$4,724
Sep 200001,04531.875.19$5,420
Aug 200001,36529.644.54$6,198
Jul 200001,06228.534.09$4,343
Jun 200001,77729.304.40$7,814
May 200001,93927.263.68$7,135
Apr 200001,95824.513.12$6,101
Mar 200001,74528.422.86$4,990
Feb 200001,60327.622.73$4,371
Jan 200001,98225.272.48$4,916
Dec 199902,10024.282.42$5,090
Nov 199901,82423.192.43$4,440
Oct 199902,22120.982.80$6,227
Sep 199901,95721.752.62$5,125
Aug 199901,99519.262.88$5,737
Jul 199902,00817.892.37$4,764
Jun 199902,02215.942.36$4,776
May 199902,38315.792.32$5,531
Apr 199902,40115.102.21$5,302
Mar 199902,45712.471.84$4,517
Feb 199902,0509.981.82$3,726
Jan 199902,78810.381.90$5,297
Dec 199801,8999.201.77$3,368
Nov 1998088110.892.19$1,926
Oct 199801,22312.421.97$2,408
Sep 199801,47512.592.08$3,072
Aug 199801,53611.301.91$2,930
Jul 199802,15811.742.24$4,828
Jun 199802,21411.242.24$4,953
May 199802,36512.622.21$5,218
Apr 199802,92613.042.51$7,331
Mar 199802,60912.802.31$6,025
Feb 199802,66513.952.30$6,127
Jan 199802,98214.702.15$6,426
Dec 199703,11616.322.41$7,513
Nov 199702,49118.193.09$7,693
Oct 199703,38319.253.15$10,656
Sep 199703,82417.742.95$11,299
Aug 199703,94117.862.55$10,068
Jul 199703,95417.582.25$8,884
Jun 199703,20117.242.26$7,225
May 199703,46418.972.31$7,997
Apr 199704,46417.882.08$9,298
Mar 199705,41118.951.94$10,493
Feb 199705,11420.492.21$11,281
Jan 199706,64223.483.54$23,511
Dec 199607,57723.32$0
Nov 199606,90621.97$0
Oct 199607,15623.31$0
Sep 199606,45722.22$0
Aug 199607,00220.26$0
Jul 199607,54319.55$0
Jun 199606,28918.73$0
May 199608,75219.43$0
Apr 199608,78421.51$0
Mar 199609,57819.38$0
Feb 199608,65016.98$0
Jan 1996010,37417.07$0
Dec 1995012,42017.19$0
Nov 1995010,99916.00$0
Oct 199509,23715.43$0
Sep 1995011,03816.18$0
Aug 1995011,66315.92$0
Jul 1995010,03615.24$0
Jun 1995010,28016.41$0
May 1995016,85317.56$0
Apr 1995016,01417.73$0
Mar 1995018,17016.44$0
Feb 1995020,73916.58$0
Jan 1995025,65615.92$0
Dec 1994034,63215.03$0
Nov 1994037,38215.90$0
Oct 1994026,62615.58$0
Sep 1994027,66015.29$0
Aug 1994035,37116.13$0
Jul 1994058,25517.56$0
Jun 1994061,91917.09$0
May 1994096,22115.88$0
Apr 19940114,58514.14$0
Mar 1994073,16712.46$0
Feb 199401,36812.50$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.

Apr 2006 — as filed, then multipliedworked
Condensate             5 bbl  × $ 64.39 =       $322
Gas                    0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                     $322

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/148706 is the state's own key, not one this site invented.