G.B.G. RANCH

Operated by THREE-C OIL AND GAS (P-5 857600) in the PICOSO (CARRIZO 7800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 247218District 04Field 71385100CondensateGasSaveExport
Value, all time
$6.0 M
Nov 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1984-01-22
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. FORM. SUSP. ADMIN. EFF 6-1-93.

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
CondensateDisposition5,694 bbl$422,101
GasProduction1,433,313 Mcf$5,536,632
Total$5,958,734

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 27.5537, -98.9155. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.55372, -98.91550 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,700 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 9,700 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-4794018819,700 ftNov 2008

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 (211)

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

211 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202305480.522.67$144
Jul 202308074.852.64$211
Jun 2023010168.962.26$228
May 2023016870.622.23$374
Apr 20230078.122.24$0
Mar 2023010272.852.39$244
Feb 2023012275.112.47$301
Jan 202305676.533.39$190
Dec 202204376.415.73$246
Nov 202206585.005.65$367
Oct 202208087.185.86$469
Sep 202207184.888.16$580
Aug 202206794.529.13$612
Jul 2022076101.587.54$573
Jun 2022088115.097.98$702
May 2022071109.378.43$599
Apr 2022065104.226.84$444
Mar 2022098108.885.08$497
Feb 202207691.054.86$369
Jan 202208881.844.54$399
Dec 202106671.323.90$257
Nov 20210077.435.24$0
Oct 202104279.795.71$240
Sep 20210069.865.35$0
Aug 202108866.024.22$371
Jul 20210070.783.98$0
Jun 202103569.493.38$118
May 20210963.483.02$27
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021010257.805.55$566
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019012153.472.42$293
Sep 201905955.052.66$157
Aug 201907953.112.30$182
Jul 2019023656.272.46$581
Jun 2019024552.782.49$610
May 201917830158.482.74$11,234
Apr 2019143162.632.75$1,248
Mar 2019178156.803.06$2,448
Feb 201901,60350.852.79$4,476
Jan 201901,00946.033.23$3,257
Dec 201811,40746.594.19$5,936
Nov 201803,19252.934.24$13,525
Oct 201814,17061.443.40$14,231
Sep 201804,10259.543.11$12,749
Aug 201803,51359.403.07$10,773
Jul 201802,93165.142.93$8,593
Jun 201804,38960.183.08$13,505
May 201831,90565.382.90$5,722
Apr 201805,32163.842.90$15,435
Mar 201803,04861.222.79$8,494
Feb 201804,39861.782.77$12,165
Jan 201802,99362.874.01$12,000
Dec 20171793,80457.272.92$21,365
Nov 201704,79355.423.12$14,946
Oct 201703,51649.292.98$10,491
Sep 201703,66647.523.09$11,318
Aug 201703,24445.373.00$9,746
Jul 201712,57543.873.09$7,994
Jun 201703,22642.493.09$9,960
May 201703,05045.373.26$9,953
Apr 201702,92247.933.21$9,384
Mar 201703,79146.772.98$11,311
Feb 201703,61150.452.95$10,662
Jan 201702,91449.413.42$9,962
Dec 201603,73248.763.72$13,894
Nov 201604,12942.492.64$10,919
Oct 201603,55346.193.09$10,980
Sep 20161674,80941.553.10$21,850
Aug 201603,74741.442.92$10,958
Jul 201605,62741.622.92$16,455
Jun 201635,54945.352.69$15,040
May 201606,47242.521.99$12,886
Apr 201605,63636.561.99$11,222
Mar 201606,19733.011.79$11,117
Feb 201605,09326.472.06$10,510
Jan 201604,69827.352.36$11,108
Dec 201504,90032.362.00$9,807
Nov 201503,46238.792.17$7,503
Oct 201504,57743.552.43$11,106
Sep 20151564,76042.992.76$19,837
Aug 201505,63640.162.87$16,189
Jul 201506,95448.152.95$20,480
Jun 201506,23056.152.88$17,960
May 201506,99655.212.96$20,676
Apr 201506,93249.822.71$18,762
Mar 201507,14342.892.93$20,963
Feb 20151627,56544.662.98$29,750
Jan 201508,07643.433.10$25,041
Dec 201448,53854.693.59$30,882
Nov 201407,92770.464.25$33,704
Oct 201408,67778.303.90$33,849
Sep 201408,72486.164.05$35,292
Aug 20141609,63689.394.04$53,185
Jul 201429,91396.564.18$41,625
Jun 201409,65298.164.74$45,720
May 201409,61294.734.73$45,432
Apr 201409,50895.944.81$45,725
Mar 201415810,07395.895.06$66,088
Feb 201409,65597.406.19$59,784
Jan 2014010,99890.404.86$53,458
Dec 20131709,69091.824.35$57,804
Nov 2013010,50888.853.74$39,282
Oct 2013010,58997.423.78$40,020
Sep 2013010,789104.113.72$40,111
Aug 2013011,655104.253.52$41,056
Jul 201309,847102.523.72$36,609
Jun 20131749,00894.403.93$51,858
May 2013012,54994.834.15$52,067
Apr 2013012,57193.964.28$53,836
Mar 201316013,54393.623.91$67,971
Feb 2013013,00891.233.42$44,486
Jan 2013015,76991.603.42$53,929
Dec 201216916,70186.773.42$71,784
Nov 2012014,44986.953.62$52,377
Oct 2012016,35389.383.40$55,595
Sep 201218016,80094.672.92$66,070
Aug 2012013,95392.662.91$40,578
Jul 2012010,51285.133.02$31,755
Jun 2012013,89379.822.52$34,997
May 201218413,82691.612.49$51,260
Apr 2012015,569101.652.00$31,088
Mar 2012116,433105.052.22$36,620
Feb 201217515,966101.102.57$58,729
Jan 2012317,40398.092.73$47,875
Dec 2011316,88496.873.24$54,990
Nov 201116,67695.723.31$22,202
Oct 201116011,66484.983.65$56,153
Sep 2011015,25183.623.99$60,787
Aug 2011416,39483.404.15$68,358
Jul 201117616,74794.144.52$92,219
Jun 2011016,59892.904.64$77,013
May 2011017,54998.134.40$77,300
Apr 201115517,252105.964.33$91,182
Mar 2011018,24396.364.06$74,018
Feb 201116817,03185.644.18$85,577
Jan 2011019,19486.504.59$88,077
Dec 201017119,45685.734.35$99,250
Nov 2010019,21980.843.80$72,942
Oct 201017020,44478.103.51$85,013
Sep 2010019,28172.633.98$76,728
Aug 201017420,36473.684.42$102,816
Jul 2010022,10872.554.74$104,714
Jun 201017121,41070.364.91$117,163
May 201018122,71071.124.24$109,055
Apr 201018022,73881.694.12$108,446
Mar 2010024,24078.394.39$106,381
Feb 2010022,39173.585.44$121,860
Jan 201017925,64874.365.96$166,277
Dec 200917726,17671.445.48$156,188
Nov 200917724,92874.593.75$106,720
Oct 2009022,42372.544.11$92,164
Sep 200917622,08565.543.06$79,220
Aug 2009024,30567.423.22$78,226
Jul 200917325,02261.133.46$97,264
Jun 200917526,25866.163.90$113,853
May 2009026,26454.743.93$103,106
Apr 200917826,72746.773.59$104,208
Mar 200917627,73242.144.06$119,981
Feb 200917625,66132.814.63$124,662
Jan 2009027,79435.865.37$149,282
Dec 2008022,41737.105.98$133,990
Nov 20080055.496.86$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.

Aug 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.52 =         $0
Gas                   54 Mcf  × $  2.67 =       $144

────────────────────────────────────────────────────
Month total                                     $144

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/247218 is the state's own key, not one this site invented.