GANT ESTATE

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

Operated by HOWELL OIL & GAS, INC. (P-5 406605) in the GOOCH-GANT (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122246District 06Field 35733400CondensateGasSave Export

Value, all time

$1.2 M

Jan 1993 – Jul 2005

Value, last 12 filed months

$222 k

at the published price for each month

Months reported

151

no gaps in the span

Streams

condensate, gas

The GOOCH-GANT (RODESSA) 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

1986-09-08

as the register files it

Field class

Oil and gas

the register's own label

Between wells

3,735 ft

minimum

From a lease line

1,867 ft

minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1988-01-11.

The Commission's schedule remark for this field reads: “FIELD RULES MADE PERMANENT EFF. 7-17-89.”

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	10,470 bbl	$326,502
Gas	Production	483,591 Mcf	$916,634
Total			$1,243,136

221,964 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 32.6615, -94.4829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66151, -94.48291 · 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

6,200 ft

1 wells filed one

Completion to plug

—

1 well filed both, dated out of order

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 6,200 ft.

Completions filed

Sep 1986

1 of 1 wells

Plug dates filed

Sep 1981

1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20330887	1	6,200 ft	Sep 1986	Sep 1981	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 (151)

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

151 months


Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	140	798	49.20	7.36	$12,762
Mar 2005	276	0	50.37	7.15	$13,902
Feb 2005	381	1,295	45.22	6.31	$25,403
Jan 2005	369	1,652	43.16	6.32	$26,370
Dec 2004	556	2,234	39.86	6.75	$37,244
Nov 2004	385	674	45.28	6.33	$21,700
Oct 2004	367	925	49.70	6.52	$24,266
Sep 2004	566	1,169	43.24	5.28	$30,651
Aug 2004	553	1,092	42.37	5.55	$29,492
Jul 2004	559	1,773	38.28	6.08	$32,186
Jun 2004	746	2,367	36.10	6.43	$42,158
May 2004	363	2,312	37.48	6.49	$28,621
Apr 2004	0	1,106	34.47	5.86	$6,479
Mar 2004	184	1,836	34.36	5.53	$16,476
Feb 2004	0	1,689	32.45	5.51	$9,306
Jan 2004	1	1,827	32.03	6.30	$11,541
Dec 2003	1	1,850	30.26	6.30	$11,688
Nov 2003	0	1,366	28.80	4.60	$6,277
Oct 2003	1	1,429	28.17	4.76	$6,830
Sep 2003	0	1,922	26.31	4.75	$9,128
Aug 2003	0	1,995	29.76	5.13	$10,234
Jul 2003	184	2,113	29.41	5.17	$16,337
Jun 2003	0	2,028	28.56	5.98	$12,133
May 2003	1	1,942	26.59	5.97	$11,626
Apr 2003	0	2,094	26.67	5.41	$11,323
Mar 2003	0	2,290	31.14	6.10	$13,960
Feb 2003	192	2,174	33.48	7.93	$23,659
Jan 2003	1	2,222	30.31	5.58	$12,434
Dec 2002	0	2,267	26.91	4.85	$11,003
Nov 2002	1	2,050	24.66	4.14	$8,505
Oct 2002	0	2,291	26.46	4.23	$9,689
Sep 2002	0	2,243	27.44	3.64	$8,154
Aug 2002	187	2,269	25.96	3.16	$12,034
Jul 2002	0	1,894	24.58	3.06	$5,799
Jun 2002	0	2,441	23.73	3.34	$8,149
May 2002	0	2,352	24.66	3.58	$8,430
Apr 2002	0	2,122	23.65	3.51	$7,453
Mar 2002	0	2,460	22.00	3.10	$7,633
Feb 2002	0	2,241	18.22	2.38	$5,324
Jan 2002	0	2,448	17.17	2.38	$5,816
Dec 2001	1	2,517	16.93	2.36	$5,968
Nov 2001	180	2,324	18.07	2.41	$8,843
Oct 2001	0	2,413	19.78	2.53	$6,102
Sep 2001	1	1,840	24.26	2.25	$4,167
Aug 2001	1	2,138	24.87	3.05	$6,553
Jul 2001	0	2,082	23.93	3.20	$6,656
Jun 2001	1	1,852	24.56	3.82	$7,107
May 2001	158	1,412	25.52	4.31	$10,114
Apr 2001	0	2,410	24.68	5.34	$12,858
Mar 2001	0	2,610	24.54	5.38	$14,033
Feb 2001	172	2,025	27.75	5.77	$16,451
Jan 2001	0	2,077	27.47	8.40	$17,444
Dec 2000	2	1,790	26.88	9.12	$16,383
Nov 2000	0	2,337	32.21	5.66	$13,223
Oct 2000	0	2,323	31.23	5.15	$11,953
Sep 2000	165	2,547	31.87	5.19	$18,469
Aug 2000	1	2,938	29.64	4.54	$13,370
Jul 2000	0	2,695	28.53	4.09	$11,022
Jun 2000	0	2,441	29.30	4.40	$10,734
May 2000	0	2,668	27.26	3.68	$9,818
Apr 2000	0	2,356	24.51	3.12	$7,341
Mar 2000	0	2,595	28.42	2.86	$7,421
Feb 2000	183	2,744	27.62	2.73	$12,536
Jan 2000	0	3,007	25.27	2.48	$7,459
Dec 1999	0	3,232	24.28	2.42	$7,833
Nov 1999	1	3,917	23.19	2.43	$9,557
Oct 1999	1	3,608	20.98	2.80	$10,137
Sep 1999	175	3,541	21.75	2.62	$13,080
Aug 1999	0	3,824	19.26	2.88	$10,996
Jul 1999	1	3,424	17.89	2.37	$8,141
Jun 1999	0	2,234	15.94	2.36	$5,277
May 1999	0	1,266	15.79	2.32	$2,938
Apr 1999	1	1,202	15.10	2.21	$2,669
Mar 1999	0	2,400	12.47	1.84	$4,412
Feb 1999	182	2,978	9.98	1.82	$7,230
Jan 1999	1	2,842	10.38	1.90	$5,410
Dec 1998	0	3,095	9.20	1.77	$5,488
Nov 1998	0	4,001	10.89	2.19	$8,745
Oct 1998	1	3,967	12.42	1.97	$7,824
Sep 1998	0	3,931	12.59	2.08	$8,187
Aug 1998	171	2,816	11.30	1.91	$7,303
Jul 1998	0	3,445	11.74	2.24	$7,707
Jun 1998	0	3,473	11.24	2.24	$7,770
May 1998	0	3,942	12.62	2.21	$8,697
Apr 1998	0	3,837	13.04	2.51	$9,613
Mar 1998	184	3,652	12.80	2.31	$10,789
Feb 1998	0	3,603	13.95	2.30	$8,284
Jan 1998	0	3,920	14.70	2.15	$8,447
Dec 1997	182	3,779	16.32	2.41	$12,082
Nov 1997	1	4,168	18.19	3.09	$12,890
Oct 1997	0	4,028	19.25	3.15	$12,687
Sep 1997	1	4,102	17.74	2.95	$12,139
Aug 1997	0	3,599	17.86	2.55	$9,195
Jul 1997	177	4,726	17.58	2.25	$13,731
Jun 1997	1	4,382	17.24	2.26	$9,908
May 1997	0	4,430	18.97	2.31	$10,227
Apr 1997	0	4,334	17.88	2.08	$9,027
Mar 1997	181	5,249	18.95	1.94	$13,609
Feb 1997	0	4,962	20.49	2.21	$10,946
Jan 1997	181	6,325	23.48	3.54	$26,638
Dec 1996	0	5,216	23.32	—	$0
Nov 1996	0	4,606	21.97	—	$0
Oct 1996	0	5,423	23.31	—	$0
Sep 1996	175	5,436	22.22	—	$3,889
Aug 1996	1	5,958	20.26	—	$20
Jul 1996	0	5,921	19.55	—	$0
Jun 1996	171	4,815	18.73	—	$3,203
May 1996	0	6,001	19.43	—	$0
Apr 1996	0	6,213	21.51	—	$0
Mar 1996	132	6,247	19.38	—	$2,558
Feb 1996	0	5,652	16.98	—	$0
Jan 1996	177	3,315	17.07	—	$3,021
Dec 1995	1	5,870	17.19	—	$17
Nov 1995	0	8,101	16.00	—	$0
Oct 1995	180	7,013	15.43	—	$2,777
Sep 1995	0	4,456	16.18	—	$0
Aug 1995	1	4,903	15.92	—	$16
Jul 1995	0	7,350	15.24	—	$0
Jun 1995	136	1,669	16.41	—	$2,232
May 1995	0	907	17.56	—	$0
Apr 1995	0	4,079	17.73	—	$0
Mar 1995	0	3,275	16.44	—	$0
Feb 1995	144	6,655	16.58	—	$2,388
Jan 1995	164	4,393	15.92	—	$2,611
Dec 1994	0	5,755	15.03	—	$0
Nov 1994	1	2,291	15.90	—	$16
Oct 1994	80	787	15.58	—	$1,246
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	1,060	16.13	—	$0
Jul 1994	0	1,334	17.56	—	$0
Jun 1994	167	7,509	17.09	—	$2,854
May 1994	0	10,338	15.88	—	$0
Apr 1994	140	9,127	14.14	—	$1,980
Mar 1994	0	8,199	12.46	—	$0
Feb 1994	0	8,181	12.50	—	$0
Jan 1994	300	8,211	12.66	—	$3,798
Dec 1993	1	1,169	12.33	—	$12
Nov 1993	0	2,297	14.49	—	$0
Oct 1993	0	6,554	15.85	—	$0
Sep 1993	174	1,662	15.03	—	$2,615
Aug 1993	0	1,439	15.66	—	$0
Jul 1993	0	370	15.46	—	$0
Jun 1993	0	3,441	16.79	—	$0
May 1993	0	90	17.68	—	$0
Apr 1993	2	576	18.05	—	$36
Mar 1993	1	4,925	18.14	—	$18
Feb 1993	1	5,000	17.90	—	$18
Jan 1993	0	8,175	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.

Apr 2005 — as filed, then multipliedworked

Condensate           140 bbl  × $ 49.20 =     $6,888
Gas                  798 Mcf  × $  7.36 =     $5,874

────────────────────────────────────────────────────
Month total                                  $12,762

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/122246 is the state's own key, not one this site invented.