GEISTMAN GU

Name: GEISTMAN GU lease production and value, Mar 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the CLARKWOOD, S. (WATSON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 208824District 04Field 18649171CondensateGasSave

Value, all time

$11.1 M

Mar 2005 – Feb 2012

Value, last 12 filed months

$114 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

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	15,229 bbl	$923,401
Gas	Production	1,283,297 Mcf	$10,202,157
Total			$11,125,558

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 27.7514, -97.5268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.75141, -97.52685 · 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

10,300 ft

1 wells filed one

Completion to plug

10 months

median over 1 wells

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 10,300 ft.

Completions filed

Feb 2012

1 of 1 wells

Plug dates filed

Dec 2012

1 of 1 wells

Last completion to plug: a median of 10 months across the 1 well that filed both dates, with the middle half between 10 months and 10 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35533491	3	10,300 ft	Feb 2012	Dec 2012	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 (84)

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

84 months


Feb 2012	183	0	101.10	2.57	$18,501
Jan 2012	0	449	98.09	2.73	$1,228
Dec 2011	0	183	96.87	3.24	$593
Nov 2011	0	592	95.72	3.31	$1,960
Oct 2011	0	2,090	84.98	3.65	$7,625
Sep 2011	0	2,277	83.62	3.99	$9,076
Aug 2011	0	2,969	83.40	4.15	$12,319
Jul 2011	0	1,807	94.14	4.52	$8,163
Jun 2011	0	1,811	92.90	4.64	$8,403
May 2011	140	2,442	98.13	4.40	$24,495
Apr 2011	0	1,976	105.96	4.33	$8,563
Mar 2011	0	3,296	96.36	4.06	$13,373
Feb 2011	0	3,342	85.64	4.18	$13,969
Jan 2011	75	3,530	86.50	4.59	$22,686
Dec 2010	103	4,556	85.73	4.35	$28,639
Nov 2010	0	4,547	80.84	3.80	$17,257
Oct 2010	0	3,550	78.10	3.51	$12,457
Sep 2010	0	1,658	72.63	3.98	$6,598
Aug 2010	0	3,269	73.68	4.42	$14,447
Jul 2010	0	4,350	72.55	4.74	$20,604
Jun 2010	141	4,783	70.36	4.91	$33,407
May 2010	0	5,627	71.12	4.24	$23,832
Apr 2010	74	4,283	81.69	4.12	$23,703
Mar 2010	147	1,540	78.39	4.39	$18,282
Feb 2010	0	4,962	73.58	5.44	$27,005
Jan 2010	0	7,060	74.36	5.96	$42,106
Dec 2009	78	7,041	71.44	5.48	$44,183
Nov 2009	77	7,456	74.59	3.75	$33,715
Oct 2009	39	7,875	72.54	4.11	$35,197
Sep 2009	38	7,892	65.54	3.06	$26,678
Aug 2009	32	8,314	67.42	3.22	$28,916
Jul 2009	0	2,569	61.13	3.46	$8,900
Jun 2009	40	7,711	66.16	3.90	$32,681
May 2009	38	6,673	54.74	3.93	$28,277
Apr 2009	39	7,878	46.77	3.59	$30,086
Mar 2009	36	8,823	42.14	4.06	$37,330
Feb 2009	19	8,857	32.81	4.63	$41,658
Jan 2009	0	10,094	35.86	5.37	$54,215
Dec 2008	0	9,535	37.10	5.98	$56,992
Nov 2008	159	9,845	55.49	6.86	$76,363
Oct 2008	0	12,251	75.24	6.92	$84,801
Sep 2008	0	10,893	101.76	7.88	$85,805
Aug 2008	0	14,996	114.22	8.48	$127,211
Jul 2008	168	13,819	131.08	11.39	$179,412
Jun 2008	0	14,354	131.33	13.03	$187,070
May 2008	0	17,821	123.17	11.57	$206,265
Apr 2008	0	15,118	110.31	10.45	$158,057
Mar 2008	0	19,976	101.90	9.66	$193,049
Feb 2008	191	20,244	92.53	8.77	$195,225
Jan 2008	0	24,353	90.38	8.21	$199,834
Dec 2007	0	24,186	88.33	7.30	$176,605
Nov 2007	0	24,310	91.67	7.29	$177,261
Oct 2007	200	7,748	82.85	6.92	$70,202
Sep 2007	191	15,622	75.84	6.24	$112,032
Aug 2007	0	17,401	69.06	6.39	$111,157
Jul 2007	181	16,632	70.90	6.39	$119,077
Jun 2007	269	18,318	62.00	7.55	$154,951
May 2007	179	17,009	58.74	7.85	$143,972
Apr 2007	375	16,943	59.61	7.81	$154,597
Mar 2007	191	17,346	56.92	7.30	$137,532
Feb 2007	195	15,168	55.10	8.22	$135,365
Jan 2007	579	17,140	50.30	6.73	$144,422
Dec 2006	197	16,530	56.65	6.92	$125,522
Nov 2006	185	15,922	54.20	7.62	$131,313
Oct 2006	374	16,418	54.90	6.01	$119,267
Sep 2006	186	13,664	60.08	5.04	$80,003
Aug 2006	185	14,157	68.71	7.34	$116,623
Jul 2006	367	29,230	69.37	6.34	$210,858
Jun 2006	512	29,725	66.28	6.38	$223,696
May 2006	334	30,222	66.01	6.42	$216,224
Apr 2006	339	33,768	64.39	7.36	$270,377
Mar 2006	598	38,657	56.70	7.08	$307,711
Feb 2006	467	32,320	57.59	7.75	$277,411
Jan 2006	522	40,184	60.59	8.93	$390,605
Dec 2005	683	45,184	54.94	13.42	$643,685
Nov 2005	571	54,934	54.69	10.59	$612,891
Oct 2005	636	50,762	58.34	13.80	$737,405
Sep 2005	664	35,479	61.45	12.08	$469,354
Aug 2005	650	42,150	61.51	9.80	$452,918
Jul 2005	817	45,882	55.69	7.84	$405,381
Jun 2005	812	46,816	52.33	7.38	$388,043
May 2005	966	42,875	45.22	6.65	$328,851
Apr 2005	987	39,132	49.20	7.36	$336,591
Mar 2005	0	10,126	50.37	7.15	$72,450

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.

Feb 2012 — as filed, then multipliedworked

Condensate           183 bbl  × $101.10 =    $18,501
Gas                    0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                  $18,501

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/208824 is the state's own key, not one this site invented.