GANDY, VIRGINIA A. GAS UNIT

Operated by CRATON OPERATING LLC (P-5 186717) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 129557District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$5.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
401
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition2,797 bbl$111,886
GasProduction1,920,704 Mcf$5,471,554
Total$5,583,440

596,478 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 (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 32.2047, -94.8281. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20467, -94.82812 · 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
10,900 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 10,900 ft.

Completions filed
Nov 1988
1 of 1 wells

1 well

42-40132224210,900 ftNov 1988

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 (401)

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

401 months

May 202601,677106.413.05$5,108
Apr 202601,47998.932.87$4,244
Mar 202601,46489.753.15$4,611
Feb 202601,39863.503.75$5,243
Jan 202601,51559.138.00$12,117
Dec 202501,55756.664.41$6,872
Nov 202501,51758.593.93$5,956
Oct 202501,65959.383.30$5,483
Sep 202501,72662.743.08$5,311
Aug 202502,15963.933.01$6,509
Jul 202501,15266.743.32$3,819
Jun 2025094966.483.13$2,969
May 202501,55660.553.23$5,029
Apr 202501,47262.363.54$5,215
Mar 202501,52467.704.27$6,505
Feb 202501,35070.884.34$5,860
Jan 202501,63074.324.28$6,974
Dec 202401,50268.993.12$4,688
Nov 202401,46969.052.20$3,230
Oct 202401,67571.372.28$3,821
Sep 202401,71169.612.36$4,045
Aug 202401,83675.632.06$3,789
Jul 202401,85979.932.15$3,991
Jun 202401,70778.082.63$4,496
May 202401,75378.812.20$3,854
Apr 202401,42184.451.66$2,358
Mar 202401,37880.301.55$2,129
Feb 202401,33576.091.78$2,381
Jan 202401,61073.023.30$5,309
Dec 202301,79571.262.61$4,686
Nov 202301,24977.892.81$3,507
Oct 20230085.443.09$0
Sep 2023099389.042.74$2,716
Aug 202301,19180.522.67$3,183
Jul 202301,21074.852.64$3,197
Jun 202301,21068.962.26$2,733
May 202301,37470.622.23$3,060
Apr 2023073678.122.24$1,647
Mar 2023050172.852.39$1,199
Feb 2023090475.112.47$2,229
Jan 202301,65676.533.39$5,610
Dec 202201,93576.415.73$11,086
Nov 202202,32685.005.65$13,133
Oct 202201,00287.185.86$5,875
Sep 202201,94684.888.16$15,887
Aug 202201,93394.529.13$17,643
Jul 202201,330101.587.54$10,031
Jun 202290998115.097.98$18,319
May 202201,344109.378.43$11,334
Apr 202201,455104.226.84$9,949
Mar 202202,368108.885.08$12,021
Feb 202201,89791.054.86$9,217
Jan 202202,08181.844.54$9,443
Dec 202101,87771.323.90$7,319
Nov 202101,82677.435.24$9,562
Oct 202101,74579.795.71$9,971
Sep 202101,55969.865.35$8,342
Aug 202121,71666.024.22$7,375
Jul 202101,88970.783.98$7,522
Jun 202102,38969.493.38$8,076
May 202101,84463.483.02$5,565
Apr 202101,66460.362.76$4,590
Mar 202102,88661.302.72$7,841
Feb 202101,39157.805.55$7,717
Jan 2021078850.412.81$2,214
Dec 202001,60944.642.68$4,305
Nov 2020078238.772.71$2,117
Oct 2020192136.972.48$2,320
Sep 2020069337.091.99$1,380
Aug 2020079139.982.39$1,887
Jul 2020081038.371.83$1,478
Jun 2020092734.901.69$1,567
May 2020194016.921.81$1,723
Apr 2020098614.751.80$1,779
Mar 202001,37930.341.86$2,560
Feb 2020162549.881.98$1,288
Jan 202001,68357.252.09$3,525
Dec 201901,90259.012.30$4,383
Nov 201901,45855.302.75$4,011
Oct 201901,66153.472.42$4,017
Sep 201901,47955.052.66$3,930
Aug 201901,53653.112.30$3,540
Jul 201901,77656.272.46$4,369
Jun 201901,78652.782.49$4,449
May 201901,83758.482.74$5,034
Apr 201901,80462.632.75$4,962
Mar 201902,04056.803.06$6,247
Feb 201901,79850.852.79$5,020
Jan 201902,00546.033.23$6,473
Dec 201802,08146.594.19$8,710
Nov 201802,16052.934.24$9,152
Oct 201801,97961.443.40$6,725
Sep 201801,82859.543.11$5,681
Aug 201801,97859.403.07$6,066
Jul 201802,03465.142.93$5,963
Jun 201801,92560.183.08$5,923
May 201801,84265.382.90$5,343
Apr 201801,88463.842.90$5,465
Mar 201801,92961.222.79$5,376
Feb 201802,03061.782.77$5,615
Jan 201802,17262.874.01$8,708
Dec 201702,17157.272.92$6,343
Nov 201702,00555.423.12$6,252
Oct 201702,07249.292.98$6,182
Sep 201702,03447.523.09$6,280
Aug 2017132,12145.373.00$6,962
Jul 201702,14543.873.09$6,622
Jun 201702,03942.493.09$6,295
May 201702,11745.373.26$6,909
Apr 201702,10947.933.21$6,773
Mar 201702,07446.772.98$6,188
Feb 201702,04750.452.95$6,044
Jan 201702,11249.413.42$7,221
Dec 201602,25048.763.72$8,376
Nov 201602,17642.492.64$5,754
Oct 201602,26746.193.09$7,006
Sep 201602,19341.553.10$6,800
Aug 201602,34041.442.92$6,843
Jul 201602,33341.622.92$6,822
Jun 201602,18045.352.69$5,855
May 201602,16742.521.99$4,315
Apr 201602,31936.561.99$4,617
Mar 201602,42833.011.79$4,356
Feb 201602,20926.472.06$4,559
Jan 201602,25727.352.36$5,336
Dec 201502,19832.362.00$4,399
Nov 201502,20038.792.17$4,768
Oct 2015692,26043.552.43$8,489
Sep 201502,25042.992.76$6,206
Aug 201502,34840.162.87$6,745
Jul 201502,51748.152.95$7,413
Jun 201502,49756.152.88$7,199
May 201502,62555.212.96$7,758
Apr 201502,50349.822.71$6,775
Mar 201502,60342.892.93$7,639
Feb 201502,42844.662.98$7,226
Jan 201502,73243.433.10$8,471
Dec 201402,68054.693.59$9,625
Nov 201402,60270.464.25$11,063
Oct 201402,73478.303.90$10,665
Sep 201402,62186.164.05$10,603
Aug 201402,73789.394.04$11,044
Jul 201402,71496.564.18$11,343
Jun 201402,67998.164.74$12,690
May 201402,80694.734.73$13,263
Apr 2014752,77095.944.81$20,517
Mar 201402,91095.895.06$14,715
Feb 201402,84497.406.19$17,610
Jan 201402,93690.404.86$14,271
Dec 201303,03691.824.35$13,220
Nov 201302,78088.853.74$10,392
Oct 201301,67997.423.78$6,346
Sep 201301,780104.113.72$6,618
Aug 201301,947104.253.52$6,859
Jul 201302,062102.523.72$7,666
Jun 201302,34394.403.93$9,216
May 201302,10394.834.15$8,726
Apr 201302,07293.964.28$8,874
Mar 201302,40893.623.91$9,422
Feb 201302,37791.233.42$8,129
Jan 201302,91991.603.42$9,983
Dec 201202,58986.773.42$8,855
Nov 2012833,18786.953.62$18,770
Oct 201202,48289.383.40$8,438
Sep 201202,99294.672.92$8,732
Aug 201203,40492.662.91$9,899
Jul 201203,44185.133.02$10,395
Jun 201203,50179.822.52$8,819
May 201203,66291.612.49$9,112
Apr 201203,575101.652.00$7,139
Mar 201203,763105.052.22$8,362
Feb 201203,647101.102.57$9,374
Jan 201204,04698.092.73$11,062
Dec 201103,80296.873.24$12,317
Nov 201103,96095.723.31$13,113
Oct 201104,15584.983.65$15,160
Sep 201104,31483.623.99$17,195
Aug 201103,84883.404.15$15,967
Jul 201104,23994.144.52$19,149
Jun 201104,23992.904.64$19,668
May 2011904,49598.134.40$28,631
Apr 201104,065105.964.33$17,615
Mar 201104,43596.364.06$17,994
Feb 201104,06185.644.18$16,975
Jan 201104,28686.504.59$19,668
Dec 201004,39685.734.35$19,113
Nov 201004,29280.843.80$16,290
Oct 201004,36678.103.51$15,320
Sep 201003,93172.633.98$15,643
Aug 201004,02273.684.42$17,775
Jul 201004,19572.554.74$19,870
Jun 201004,27170.364.91$20,972
May 20101454,38371.124.24$28,875
Apr 201004,07681.694.12$16,804
Mar 201004,35178.394.39$19,095
Feb 201003,82373.585.44$20,806
Jan 201003,80474.365.96$22,687
Dec 200903,29471.445.48$18,063
Nov 2009883,87474.593.75$21,097
Oct 200903,28172.544.11$13,486
Sep 200903,23465.543.06$9,911
Aug 200903,18467.423.22$10,248
Jul 200903,03261.133.46$10,504
Jun 200903,15266.163.90$12,277
May 200903,81554.743.93$14,977
Apr 200902,97346.773.59$10,666
Mar 200903,46842.144.06$14,077
Feb 200903,40432.814.63$15,771
Jan 200904,34235.865.37$23,321
Dec 200803,80237.105.98$22,725
Nov 200802,77455.496.86$19,031
Oct 200802,99175.246.92$20,704
Sep 200803,267101.767.88$25,734
Aug 2008603,017114.228.48$32,446
Jul 200803,220131.0811.39$36,674
Jun 200803,238131.3313.03$42,200
May 200803,064123.1711.57$35,464
Apr 200803,075110.3110.45$32,149
Mar 200803,665101.909.66$35,419
Feb 200804,33992.538.77$38,056
Jan 200804,53890.388.21$37,238
Dec 200704,20388.337.30$30,690
Nov 200704,00791.677.29$29,218
Oct 200704,00882.856.92$27,743
Sep 200704,06075.846.24$25,351
Aug 200704,15269.066.39$26,523
Jul 200704,19070.906.39$26,765
Jun 200703,90062.007.55$29,439
May 2007573,35258.747.85$29,649
Apr 200703,93559.617.81$30,713
Mar 200704,24056.927.30$30,960
Feb 200704,85655.108.22$39,897
Jan 200703,47250.306.73$23,356
Dec 200604,11356.656.92$28,456
Nov 200603,69754.207.62$28,162
Oct 200603,61854.906.01$21,758
Sep 200603,68160.085.04$18,542
Aug 200603,64568.717.34$26,754
Jul 200603,50769.376.34$22,244
Jun 200601,09566.286.38$6,990
May 200602,45166.016.42$15,748
Apr 2006823,56064.397.36$31,483
Mar 200603,86456.707.08$27,368
Feb 200603,41157.597.75$26,439
Jan 200604,10360.598.93$36,653
Dec 200503,63254.9413.42$48,725
Nov 200503,01154.6910.59$31,882
Oct 200502,89458.3413.80$39,925
Sep 200503,18661.4512.08$38,484
Aug 200503,48361.519.80$34,122
Jul 200503,60755.697.84$28,292
Jun 2005443,69252.337.38$29,553
May 200503,53045.226.65$23,479
Apr 200503,51549.207.36$25,872
Mar 200503,61650.377.15$25,872
Feb 200503,59945.226.31$22,717
Jan 200503,55143.166.32$22,450
Dec 200404,00239.866.75$27,018
Nov 200403,53245.286.33$22,359
Oct 2004413,66549.706.52$25,916
Sep 200403,60443.245.28$19,043
Aug 200403,70842.375.55$20,582
Jul 200403,80538.286.08$23,150
Jun 200403,58036.106.43$23,030
May 200403,88637.486.49$25,238
Apr 200404,05434.475.86$23,750
Mar 2004504,25034.365.53$25,221
Feb 200404,09932.455.51$22,584
Jan 200404,46332.036.30$28,115
Dec 200304,72030.266.30$29,744
Nov 200305,19428.804.60$23,867
Oct 2003685,56128.174.76$28,384
Sep 200305,18426.314.75$24,621
Aug 200305,37329.765.13$27,562
Jul 200304,88129.415.17$25,239
Jun 200314,60528.565.98$27,580
May 200325,53626.595.97$33,118
Apr 200305,63026.675.41$30,443
Mar 2003605,78331.146.10$37,122
Feb 200344,87133.487.93$38,741
Jan 200315,16830.315.58$28,878
Dec 200216,65726.914.85$32,338
Nov 200225,45124.664.14$22,600
Oct 200215,81926.464.23$24,636
Sep 200215,03727.443.64$18,338
Aug 2002284,26925.963.16$14,235
Jul 200244,62324.583.06$14,253
Jun 200244,98323.733.34$16,729
May 200213,90924.663.58$14,035
Apr 2002554,62023.653.51$17,528
Mar 200215,58022.003.10$17,335
Feb 200214,47018.222.38$10,638
Jan 2002635,44717.172.38$14,022
Dec 200126,15616.932.36$14,589
Nov 200115,78818.072.41$13,941
Oct 200104,72519.782.53$11,949
Sep 200104,29124.262.25$9,660
Aug 200107,01524.873.05$21,418
Jul 2001216,94723.933.20$22,713
Jun 200107,51824.563.82$28,750
May 200106,61425.524.31$28,489
Apr 200106,55324.685.34$34,962
Mar 2001597,13624.545.38$39,814
Feb 2001486,74727.755.77$40,242
Jan 2001176,64827.478.40$56,302
Dec 200006,45626.889.12$58,895
Nov 2000447,15432.215.66$41,895
Oct 200007,27631.235.15$37,439
Sep 200067,05431.875.19$36,777
Aug 200007,16129.644.54$32,516
Jul 200007,36428.534.09$30,117
Jun 2000327,02429.304.40$31,824
May 200048,75227.263.68$32,314
Apr 200005,19724.513.12$16,194
Mar 200006,20528.422.86$17,745
Feb 2000636,86327.622.73$20,452
Jan 200006,43725.272.48$15,967
Dec 199907,88324.282.42$19,106
Nov 199906,76923.192.43$16,476
Oct 199907,86120.982.80$22,040
Sep 199908,20521.752.62$21,488
Aug 199907,08619.262.88$20,377
Jul 19991507,13917.892.37$19,620
Jun 199906,94015.942.36$16,393
May 199906,30615.792.32$14,636
Apr 199906,52615.102.21$14,410
Mar 199907,05212.471.84$12,964
Feb 199907,3169.981.82$13,299
Jan 199907,78210.381.90$14,785
Dec 199808,4589.201.77$14,999
Nov 199808,77610.892.19$19,182
Oct 199809,43712.421.97$18,583
Sep 1998010,03712.592.08$20,903
Aug 1998010,61611.301.91$20,248
Jul 1998010,56211.742.24$23,630
Jun 1998010,59711.242.24$23,708
May 199806,97112.622.21$15,380
Apr 1998010,33813.042.51$25,900
Mar 1998011,23212.802.31$25,940
Feb 1998010,78713.952.30$24,801
Jan 19988611,46214.702.15$25,962
Dec 1997013,47816.322.41$32,497
Nov 1997013,10018.193.09$40,456
Oct 1997013,00619.253.15$40,967
Sep 1997011,28417.742.95$33,343
Aug 1997012,85517.862.55$32,841
Jul 1997011,27517.582.25$25,334
Jun 19978213,09517.242.26$30,972
May 1997014,59718.972.31$33,697
Apr 19970017.882.08$0
Mar 1997012,06218.951.94$23,390
Feb 1997011,01320.492.21$24,294
Jan 1997011,66323.483.54$41,284
Dec 1996012,53623.32$0
Nov 1996011,76021.97$0
Oct 19967912,96123.31$1,841
Sep 1996012,74722.22$0
Aug 1996013,10920.26$0
Jul 1996113,23019.55$20
Jun 1996012,17618.73$0
May 1996012,59319.43$0
Apr 1996113,90721.51$22
Mar 1996014,48919.38$0
Feb 19969813,72016.98$1,664
Jan 1996215,66717.07$34
Dec 1995014,46617.19$0
Nov 1995214,97816.00$32
Oct 1995215,87215.43$31
Sep 199528,12516.18$32
Aug 199527,44115.92$32
Jul 19951138,98015.24$1,722
Jun 1995012,96116.41$0
May 1995011,69817.56$0
Apr 1995979,34917.73$1,720
Mar 1995012,50516.44$0
Feb 199506,72116.58$0
Jan 199509,99515.92$0
Dec 1994012,62615.03$0
Nov 19949414,61015.90$1,495
Oct 1994115,46415.58$16
Sep 199407,51115.29$0
Aug 199408,03316.13$0
Jul 199407,25417.56$0
Jun 199407,82617.09$0
May 199408,73815.88$0
Apr 1994110,95314.14$14
Mar 19945912,81312.46$735
Feb 199409,95712.50$0
Jan 1994114,79012.66$13
Dec 1993011,32712.33$0
Nov 199310813,91414.49$1,565
Oct 1993014,41415.85$0
Sep 1993013,73815.03$0
Aug 1993113,01515.66$16
Jul 1993115,53915.46$15
Jun 199311614,09416.79$1,948
May 1993014,31417.68$0
Apr 1993015,09018.05$0
Mar 1993016,22118.14$0
Feb 199311116,26517.90$1,987
Jan 1993015,98616.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,677 Mcf  × $  3.05 =     $5,108

────────────────────────────────────────────────────
Month total                                   $5,108

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/129557 is the state's own key, not one this site invented.