GAYLE, W. F.

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

Operated by PITCO INVESTMENTS, LTD. (P-5 665868) in the ALABAMA FERRY (GLENROSE "D") field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2792District 05Field 01030500NGPA filingOilCasinghead gasSave Export

Value, all time

$2.4 M

Jan 1993 – Feb 2005

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

146

no gaps in the span

Streams

oil, casinghead gas

The ALABAMA FERRY (GLENROSE "D") 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 207 leases and 429 wells, and the rule below applies to all of them.

Discovered

1983-10-14

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1984-07-30.

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	2	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
Oil	Disposition	129,951 bbl	$2,305,413
Casinghead gas	Production	129,933 Mcf	$106,412
Total			$2,411,825

97,754 Mcf of this lease's gas, across 48 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 (3)

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 31.2064, -95.7528. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

31.20312, -95.75468 · 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

10,300 ft

3 wells filed one

Completion to plug

19.3 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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

Between 10,170 and 10,500 ft, median 10,300 ft, over the 3 wells that filed a depth.

Completions filed

Apr 1985 – Nov 1986

3 of 3 wells

Plug dates filed

Sep 2004 – Oct 2004

3 of 3 wells

Last completion to plug: a median of 19.3 years across the 3 wells that filed both dates, with the middle half between 18.7 years and 19.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-28930777	3	10,300 ft	Nov 1986	Oct 2004	Yes
42-28930636	2	10,500 ft	Jun 1985	Oct 2004	Yes
42-28930624	1	10,170 ft	Apr 1985	Sep 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 (146)

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

146 months


Feb 2005	0	0	45.22	6.31	$0
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	142	0	49.70	6.52	$7,057
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
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	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	177	0	26.59	5.97	$4,706
Apr 2003	174	544	26.67	5.41	$7,582
Mar 2003	176	537	31.14	6.10	$8,754
Feb 2003	179	527	33.48	7.93	$10,170
Jan 2003	178	267	30.31	5.58	$6,886
Dec 2002	178	344	26.91	4.85	$6,460
Nov 2002	0	80	24.66	4.14	$331
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	165	2	24.58	3.06	$4,062
Jun 2002	178	110	23.73	3.34	$4,591
May 2002	0	50	24.66	3.58	$179
Apr 2002	360	275	23.65	3.51	$9,480
Mar 2002	0	158	22.00	3.10	$490
Feb 2002	349	303	18.22	2.38	$7,079
Jan 2002	526	444	17.17	2.38	$10,086
Dec 2001	177	385	16.93	2.36	$3,907
Nov 2001	177	443	18.07	2.41	$4,264
Oct 2001	359	518	19.78	2.53	$8,411
Sep 2001	345	569	24.26	2.25	$9,651
Aug 2001	355	590	24.87	3.05	$10,630
Jul 2001	523	455	23.93	3.20	$13,970
Jun 2001	356	461	24.56	3.82	$10,506
May 2001	353	404	25.52	4.31	$10,749
Apr 2001	516	230	24.68	5.34	$13,962
Mar 2001	358	483	24.54	5.38	$11,382
Feb 2001	348	425	27.75	5.77	$12,108
Jan 2001	539	504	27.47	8.40	$19,039
Dec 2000	541	544	26.88	9.12	$19,505
Nov 2000	359	413	32.21	5.66	$13,900
Oct 2000	566	453	31.23	5.15	$20,007
Sep 2000	531	557	31.87	5.19	$19,812
Aug 2000	539	669	29.64	4.54	$19,014
Jul 2000	519	557	28.53	4.09	$17,085
Jun 2000	731	569	29.30	4.40	$23,920
May 2000	371	580	27.26	3.68	$12,248
Apr 2000	375	323	24.51	3.12	$10,198
Mar 2000	713	642	28.42	2.86	$22,099
Feb 2000	0	217	27.62	2.73	$592
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	190	3	20.98	2.80	$3,995
Sep 1999	357	436	21.75	2.62	$8,907
Aug 1999	353	365	19.26	2.88	$7,848
Jul 1999	535	523	17.89	2.37	$10,812
Jun 1999	698	485	15.94	2.36	$12,272
May 1999	334	313	15.79	2.32	$6,000
Apr 1999	0	300	15.10	2.21	$662
Mar 1999	717	620	12.47	1.84	$10,081
Feb 1999	541	601	9.98	1.82	$6,492
Jan 1999	1,091	502	10.38	1.90	$12,278
Dec 1998	546	418	9.20	1.77	$5,764
Nov 1998	534	498	10.89	2.19	$6,904
Oct 1998	714	592	12.42	1.97	$10,034
Sep 1998	1,060	582	12.59	2.08	$14,557
Aug 1998	905	884	11.30	1.91	$11,913
Jul 1998	538	603	11.74	2.24	$7,665
Jun 1998	354	309	11.24	2.24	$4,670
May 1998	712	338	12.62	2.21	$9,731
Apr 1998	711	311	13.04	2.51	$10,051
Mar 1998	1,069	254	12.80	2.31	$14,270
Feb 1998	718	501	13.95	2.30	$11,168
Jan 1998	1,970	783	14.70	2.15	$30,646
Dec 1997	1,916	507	16.32	2.41	$32,492
Nov 1997	715	239	18.19	3.09	$13,744
Oct 1997	1,071	538	19.25	3.15	$22,311
Sep 1997	1,160	775	17.74	2.95	$22,868
Aug 1997	1,025	820	17.86	2.55	$20,401
Jul 1997	676	136	17.58	2.25	$12,190
Jun 1997	910	177	17.24	2.26	$16,088
May 1997	919	823	18.97	2.31	$19,333
Apr 1997	1,119	614	17.88	2.08	$21,287
Mar 1997	1,629	877	18.95	1.94	$32,570
Feb 1997	1,086	829	20.49	2.21	$24,081
Jan 1997	1,407	991	23.48	3.54	$36,544
Dec 1996	1,728	884	23.32	—	$40,297
Nov 1996	1,774	1,126	21.97	—	$38,975
Oct 1996	2,273	2,248	23.31	—	$52,984
Sep 1996	1,936	2,259	22.22	—	$43,018
Aug 1996	1,922	2,172	20.26	—	$38,940
Jul 1996	2,283	2,372	19.55	—	$44,633
Jun 1996	1,905	1,913	18.73	—	$35,681
May 1996	2,686	2,583	19.43	—	$52,189
Apr 1996	2,333	2,042	21.51	—	$50,183
Mar 1996	2,089	1,727	19.38	—	$40,485
Feb 1996	1,964	2,281	16.98	—	$33,349
Jan 1996	2,739	2,387	17.07	—	$46,755
Dec 1995	2,854	2,531	17.19	—	$49,060
Nov 1995	1,769	1,540	16.00	—	$28,304
Oct 1995	2,684	2,606	15.43	—	$41,414
Sep 1995	2,319	1,992	16.18	—	$37,521
Aug 1995	2,493	1,966	15.92	—	$39,689
Jul 1995	2,694	2,156	15.24	—	$41,057
Jun 1995	2,173	2,261	16.41	—	$35,659
May 1995	2,524	1,554	17.56	—	$44,321
Apr 1995	2,373	1,349	17.73	—	$42,073
Mar 1995	2,188	2,021	16.44	—	$35,971
Feb 1995	1,967	1,905	16.58	—	$32,613
Jan 1995	1,853	2,153	15.92	—	$29,500
Dec 1994	2,257	2,483	15.03	—	$33,923
Nov 1994	2,245	2,435	15.90	—	$35,696
Oct 1994	1,822	2,189	15.58	—	$28,387
Sep 1994	2,158	2,366	15.29	—	$32,996
Aug 1994	2,204	2,436	16.13	—	$35,551
Jul 1994	2,521	2,629	17.56	—	$44,269
Jun 1994	2,021	2,476	17.09	—	$34,539
May 1994	1,886	2,485	15.88	—	$29,950
Apr 1994	2,288	2,579	14.14	—	$32,352
Mar 1994	1,415	1,774	12.46	—	$17,631
Feb 1994	1,718	1,486	12.50	—	$21,475
Jan 1994	1,053	1,690	12.66	—	$13,331
Dec 1993	1,293	1,959	12.33	—	$15,943
Nov 1993	1,319	1,783	14.49	—	$19,112
Oct 1993	1,483	2,032	15.85	—	$23,506
Sep 1993	1,024	1,868	15.03	—	$15,391
Aug 1993	1,226	1,974	15.66	—	$19,199
Jul 1993	1,311	2,076	15.46	—	$20,268
Jun 1993	961	2,024	16.79	—	$16,135
May 1993	1,180	2,093	17.68	—	$20,862
Apr 1993	715	1,923	18.05	—	$12,906
Mar 1993	527	1,841	18.14	—	$9,560
Feb 1993	264	1,005	17.90	—	$4,726
Jan 1993	824	2,120	16.93	—	$13,950

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.

Oct 2004 — as filed, then multipliedworked

Oil                  142 bbl  × $ 49.70 =     $7,057
Casinghead gas         0 Mcf  × $  6.52 =         $0

────────────────────────────────────────────────────
Month total                                   $7,057

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. 05/O/2792 is the state's own key, not one this site invented.