RICHEY, G. W.

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

Operated by C. W. RESOURCES, INC. (P-5 121085) in the GLADEWATER (HAYNESVILLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118242District 06Field 35134500Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$1.6 M

Jan 1993 – Nov 2004

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

143

no gaps in the span

Streams

condensate, gas

The GLADEWATER (HAYNESVILLE) 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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered

1977-02-01

as the register files it

Field class

Gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

1,000 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1995-11-07.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “PER DOCKET #06-0250378. UPDATED EFFECTIVE 5-1-07.”

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	5,195 bbl	$97,982
Gas	Production	957,671 Mcf	$1,481,360
Total			$1,579,343

459,504 Mcf of this lease's gas, across 47 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 32.5436, -94.9242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54362, -94.92424 · 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

11,701 ft

1 wells filed one

Completion to plug

19.3 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 11,701 ft.

Completions filed

Aug 1985

1 of 1 wells

Plug dates filed

Nov 2004

1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18330654	1H	11,701 ft	Aug 1985	Nov 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 (143)

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

143 months


Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	57	0	43.24	5.28	$2,465
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	98	0	36.10	6.43	$3,538
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	60	0	32.03	6.30	$1,922
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	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	2,702	24.66	4.14	$11,178
Oct 2002	0	4,499	26.46	4.23	$19,027
Sep 2002	0	4,937	27.44	3.64	$17,947
Aug 2002	0	5,518	25.96	3.16	$17,460
Jul 2002	0	5,635	24.58	3.06	$17,253
Jun 2002	169	5,838	23.73	3.34	$23,499
May 2002	0	6,499	24.66	3.58	$23,292
Apr 2002	0	6,773	23.65	3.51	$23,789
Mar 2002	0	6,174	22.00	3.10	$19,156
Feb 2002	151	7,143	18.22	2.38	$19,721
Jan 2002	143	3,613	17.17	2.38	$11,039
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	30	18.07	2.41	$72
Oct 2001	0	1,750	19.78	2.53	$4,426
Sep 2001	0	3,773	24.26	2.25	$8,494
Aug 2001	0	4,012	24.87	3.05	$12,249
Jul 2001	0	5,089	23.93	3.20	$16,270
Jun 2001	0	4,680	24.56	3.82	$17,897
May 2001	0	4,477	25.52	4.31	$19,284
Apr 2001	0	5,119	24.68	5.34	$27,312
Mar 2001	0	4,882	24.54	5.38	$26,248
Feb 2001	0	2,543	27.75	5.77	$14,666
Jan 2001	167	4,420	27.47	8.40	$41,710
Dec 2000	0	5,400	26.88	9.12	$49,262
Nov 2000	0	5,492	32.21	5.66	$31,074
Oct 2000	139	6,252	31.23	5.15	$36,511
Sep 2000	0	5,863	31.87	5.19	$30,408
Aug 2000	0	6,012	29.64	4.54	$27,299
Jul 2000	162	6,691	28.53	4.09	$31,986
Jun 2000	0	8,825	29.30	4.40	$38,806
May 2000	0	9,071	27.26	3.68	$33,379
Apr 2000	175	9,286	24.51	3.12	$33,224
Mar 2000	0	10,390	28.42	2.86	$29,713
Feb 2000	0	10,375	27.62	2.73	$28,287
Jan 2000	0	6,789	25.27	2.48	$16,840
Dec 1999	158	6,447	24.28	2.42	$19,462
Nov 1999	0	7,451	23.19	2.43	$18,136
Oct 1999	0	5,277	20.98	2.80	$14,795
Sep 1999	0	3,028	21.75	2.62	$7,930
Aug 1999	180	5,338	19.26	2.88	$18,817
Jul 1999	0	8,151	17.89	2.37	$19,337
Jun 1999	0	9,045	15.94	2.36	$21,365
May 1999	0	9,999	15.79	2.32	$23,208
Apr 1999	0	10,237	15.10	2.21	$22,604
Mar 1999	177	10,760	12.47	1.84	$21,988
Feb 1999	0	9,124	9.98	1.82	$16,586
Jan 1999	0	9,878	10.38	1.90	$18,768
Dec 1998	0	10,965	9.20	1.77	$19,444
Nov 1998	208	10,084	10.89	2.19	$24,306
Oct 1998	0	10,722	12.42	1.97	$21,114
Sep 1998	178	10,645	12.59	2.08	$24,411
Aug 1998	0	11,000	11.30	1.91	$20,981
Jul 1998	0	11,225	11.74	2.24	$25,113
Jun 1998	0	9,727	11.24	2.24	$21,762
May 1998	177	10,474	12.62	2.21	$25,343
Apr 1998	0	11,061	13.04	2.51	$27,711
Mar 1998	150	11,296	12.80	2.31	$28,007
Feb 1998	0	10,551	13.95	2.30	$24,258
Jan 1998	168	11,735	14.70	2.15	$27,756
Dec 1997	0	10,817	16.32	2.41	$26,081
Nov 1997	0	9,343	18.19	3.09	$28,854
Oct 1997	179	9,603	19.25	3.15	$33,693
Sep 1997	0	8,550	17.74	2.95	$25,264
Aug 1997	0	6,922	17.86	2.55	$17,684
Jul 1997	0	5,253	17.58	2.25	$11,803
Jun 1997	0	4,933	17.24	2.26	$11,135
May 1997	181	1,786	18.97	2.31	$7,557
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	8,105	20.49	2.21	$17,879
Jan 1997	180	18,083	23.48	3.54	$68,235
Dec 1996	0	11,303	23.32	—	$0
Nov 1996	0	16,117	21.97	—	$0
Oct 1996	0	11,053	23.31	—	$0
Sep 1996	0	3,466	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	5,239	19.55	—	$0
Jun 1996	0	6,205	18.73	—	$0
May 1996	0	7,784	19.43	—	$0
Apr 1996	0	16	21.51	—	$0
Mar 1996	154	3,873	19.38	—	$2,985
Feb 1996	0	12,118	16.98	—	$0
Jan 1996	0	12,960	17.07	—	$0
Dec 1995	118	12,419	17.19	—	$2,028
Nov 1995	0	13,520	16.00	—	$0
Oct 1995	143	12,324	15.43	—	$2,206
Sep 1995	0	13,600	16.18	—	$0
Aug 1995	109	14,933	15.92	—	$1,735
Jul 1995	0	11,551	15.24	—	$0
Jun 1995	0	13,852	16.41	—	$0
May 1995	122	13,576	17.56	—	$2,142
Apr 1995	0	13,640	17.73	—	$0
Mar 1995	137	8,359	16.44	—	$2,252
Feb 1995	0	8,920	16.58	—	$0
Jan 1995	124	12,316	15.92	—	$1,974
Dec 1994	0	13,864	15.03	—	$0
Nov 1994	131	10,080	15.90	—	$2,083
Oct 1994	0	12,660	15.58	—	$0
Sep 1994	0	10,140	15.29	—	$0
Aug 1994	166	8,130	16.13	—	$2,678
Jul 1994	0	14,226	17.56	—	$0
Jun 1994	0	14,601	17.09	—	$0
May 1994	189	14,615	15.88	—	$3,001
Apr 1994	0	5,955	14.14	—	$0
Mar 1994	0	10,721	12.46	—	$0
Feb 1994	0	7,634	12.50	—	$0
Jan 1994	178	15,880	12.66	—	$2,253
Dec 1993	0	3,063	12.33	—	$0
Nov 1993	179	2,872	14.49	—	$2,594
Oct 1993	0	8,597	15.85	—	$0
Sep 1993	0	7,401	15.03	—	$0
Aug 1993	0	7,038	15.66	—	$0
Jul 1993	0	9,736	15.46	—	$0
Jun 1993	0	11,020	16.79	—	$0
May 1993	188	11,886	17.68	—	$3,324
Apr 1993	0	19,005	18.05	—	$0
Mar 1993	0	1,071	18.14	—	$0
Feb 1993	0	75	17.90	—	$0
Jan 1993	0	90	16.93	—	$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.

Sep 2004 — as filed, then multipliedworked

Condensate            57 bbl  × $ 43.24 =     $2,465
Gas                    0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $2,465

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. 06/G/118242 is the state's own key, not one this site invented.