GOLDSTON, W.L. ET AL

Operated by MILAGRO EXPLORATION, LLC (P-5 566789) in the LOS INDIOS (5300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12266District 04Field 54955928OilCasinghead gasSaveExport
Value, all time
$491 k
Sep 1993 – Feb 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1966-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition21,042 bbl$352,290
Casinghead gasProduction68,313 Mcf$138,312
Total$490,602

10,140 Mcf of this lease's gas, across 34 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 26.6451, -98.1626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.64513, -98.16257 · 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
7,250 ft
1 wells filed one
Completion to plug
6 months
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 7,250 ft.

Completions filed
Mar 2013
1 of 1 wells
Plug dates filed
Sep 2013
1 of 1 wells

Last completion to plug: a median of 6 months across the 1 well that filed both dates, with the middle half between 6 months and 6 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21532048T 3 F7,250 ftMar 2013Sep 2013Yes

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 (246)

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

246 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
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 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
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 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 200115427.478.40$481
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200017031.875.19$542
Aug 20008421829.644.54$3,480
Jul 200066028.534.09$1,883
Jun 200066029.304.40$1,934
May 200043027.263.68$1,172
Apr 200083024.513.12$2,034
Mar 20006312628.422.86$2,151
Feb 2000859027.622.73$2,593
Jan 20006217725.272.48$2,006
Dec 19996033424.282.42$2,266
Nov 19997511823.192.43$2,026
Oct 19996319320.982.80$1,863
Sep 19993148621.752.62$1,947
Aug 199912042919.262.88$3,545
Jul 199919599517.892.37$5,849
Jun 19991581,09915.942.36$5,114
May 199915884615.792.32$4,458
Apr 199922087015.102.21$5,243
Mar 199920599212.471.84$4,380
Feb 19991661,1829.981.82$3,805
Jan 19991901,31010.381.90$4,461
Dec 19982011,3349.201.77$4,215
Nov 19981231,25710.892.19$4,087
Oct 19981261,43112.421.97$4,383
Sep 19981211,39512.592.08$4,429
Aug 19981561,64911.301.91$4,908
Jul 19981501,72411.742.24$5,618
Jun 19981761,73811.242.24$5,867
May 19981931,82012.622.21$6,451
Apr 19981801,84913.042.51$6,980
Mar 19981841,98712.802.31$6,944
Feb 19981881,90613.952.30$7,005
Jan 19981852,03114.702.15$7,096
Dec 19971782,20516.322.41$8,221
Nov 19971762,33218.193.09$10,403
Oct 19972012,43419.253.15$11,536
Sep 19971602,50717.742.95$10,246
Aug 19972282,71917.862.55$11,018
Jul 19972282,55917.582.25$9,758
Jun 19972242,58217.242.26$9,690
May 19972512,47718.972.31$10,480
Apr 19972612,37517.882.08$9,613
Mar 19972022,40818.951.94$8,497
Feb 19972722,04320.492.21$10,080
Jan 19972421,89223.483.54$12,379
Dec 19962871,97323.32$6,693
Nov 199651134721.97$11,227
Oct 199651139123.31$11,911
Sep 199644537422.22$9,888
Aug 199647129220.26$9,542
Jul 199638121819.55$7,449
Jun 199619325518.73$3,615
May 199625117719.43$4,877
Apr 199632928921.51$7,077
Mar 199630822219.38$5,969
Feb 199626526116.98$4,500
Jan 199631223517.07$5,326
Dec 199530218517.19$5,191
Nov 199523313316.00$3,728
Oct 199519914915.43$3,071
Sep 199515321516.18$2,476
Aug 199515222415.92$2,420
Jul 199520731615.24$3,155
Jun 199517524716.41$2,872
May 199521221717.56$3,723
Apr 199524725317.73$4,379
Mar 199547339016.44$7,776
Feb 199558448916.58$9,683
Jan 199537661215.92$5,986
Dec 199445338015.03$6,809
Nov 199432155315.90$5,104
Oct 199415973615.58$2,477
Sep 199445015.29$688
Aug 199473116.13$1,177
Jul 1994434117.56$7,621
Jun 1994369117.09$6,306
May 1994423015.88$6,717
Apr 1994515014.14$7,282
Mar 1994589012.46$7,339
Feb 1994592012.50$7,400
Jan 1994761112.66$9,634
Dec 1993858112.33$10,579
Nov 1993691114.49$10,013
Oct 1993365115.85$5,785
Sep 19930015.03$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.

Jan 2001 — as filed, then multipliedworked
Oil                    1 bbl  × $ 27.47 =        $27
Casinghead gas        54 Mcf  × $  8.40 =       $454

────────────────────────────────────────────────────
Month total                                     $481

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/O/12266 is the state's own key, not one this site invented.