GRIFFIN RANCH GU #1

Operated by GEO-VEST OF TEXAS, INC. (P-5 300267) in the DANVILLE (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170430District 06Field 230898122 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jul 1998 – Jan 2007
Value, last 12 filed months
$94 k
at the published price for each month
Months reported
103
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 85 leases and 87 wells, and the rule below applies to all of them.

Discovered
1993-11-22
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1999-11-02.

The Commission's schedule remark for this field reads: PER DOCKET #06-0254453.

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
High Cost Gas112002-10-31149321
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
CondensateDisposition3,917 bbl$122,462
GasProduction488,609 Mcf$2,326,912
Total$2,449,374

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 32.3972, -94.7831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39718, -94.78305 · 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
0.0%
0 of 1 wells
Median depth
9,244 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
1100.0%
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.
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 9,244 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-1833132429,244 ftJul 1998Yes

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 (103)

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

103 months

Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200661054.207.62$3,306
Oct 200645054.906.01$2,471
Sep 200639060.085.04$2,343
Aug 20060068.717.34$0
Jul 200601,60169.376.34$10,155
Jun 200601,56266.286.38$9,972
May 200602,64266.016.42$16,975
Apr 200602,19164.397.36$16,127
Mar 2006801,75456.707.08$16,959
Feb 200601,97457.597.75$15,301
Jan 200603,94160.598.93$35,206
Dec 200503,73454.9413.42$50,093
Nov 200502,37954.6910.59$25,190
Oct 200503,75758.3413.80$51,831
Sep 20051432,83761.4512.08$43,055
Aug 200504,06761.519.80$39,844
Jul 200504,18755.697.84$32,841
Jun 200505,60952.337.38$41,400
May 200505,52445.226.65$36,741
Apr 200506,65549.207.36$48,984
Mar 2005686,84650.377.15$52,407
Feb 20051126,30145.226.31$44,836
Jan 200504,10043.166.32$25,921
Dec 200403,22939.866.75$21,799
Nov 200405,06545.286.33$32,064
Oct 20041687,05149.706.52$54,288
Sep 200404,95943.245.28$26,203
Aug 200404,95942.375.55$27,526
Jul 20041512,10138.286.08$18,563
Jun 20041003,73236.106.43$27,618
May 20041364,00337.486.49$31,095
Apr 2004484,00334.475.86$25,106
Mar 2004405,11534.365.53$29,661
Feb 2004755,62632.455.51$33,431
Jan 200405,85832.036.30$36,903
Dec 2003426,05030.266.30$39,396
Nov 20031646,22228.804.60$33,314
Oct 20031687,05128.174.76$38,293
Sep 200306,55626.314.75$31,137
Aug 2003568,87729.765.13$47,203
Jul 20031209,11929.415.17$50,682
Jun 2003969,11028.565.98$57,247
May 200302,51526.595.97$15,021
Apr 2003866,51226.675.41$37,506
Mar 20031819,87831.146.10$65,853
Feb 200308,25633.487.93$65,436
Jan 200330314,11230.315.58$87,958
Dec 2002017,76126.914.85$86,208
Nov 2002021,19524.664.14$87,683
Oct 200218322,70026.464.23$100,843
Sep 2002014,86627.443.64$54,041
Aug 200201,88425.963.16$5,961
Jul 200202,12124.583.06$6,494
Jun 200201,89923.733.34$6,339
May 2002662,11524.663.58$9,208
Apr 200201,66723.653.51$5,855
Mar 2002542,60122.003.10$9,258
Feb 200202,52918.222.38$6,008
Jan 2002582,80017.172.38$7,648
Dec 200101,95216.932.36$4,615
Nov 200101,93518.072.41$4,655
Oct 200102,25219.782.53$5,695
Sep 200102,50724.262.25$5,644
Aug 200103,23624.873.05$9,880
Jul 20011862,65023.933.20$12,923
Jun 200103,30824.563.82$12,650
May 200103,19725.524.31$13,771
Apr 200103,67224.685.34$19,591
Mar 20011853,76124.545.38$24,761
Feb 2001692,13727.755.77$14,239
Jan 200102,47427.478.40$20,779
Dec 200002,15626.889.12$19,668
Nov 200002,80832.215.66$15,888
Oct 200032,97831.235.15$15,417
Sep 200002,94031.875.19$15,248
Aug 200013,04729.644.54$13,865
Jul 2000088228.534.09$3,607
Jun 200004429.304.40$193
May 20004846727.263.68$3,027
Apr 2000027624.513.12$860
Mar 2000044528.422.86$1,273
Feb 2000050027.622.73$1,363
Jan 200001,53825.272.48$3,815
Dec 199902,88624.282.42$6,995
Nov 199903,69323.192.43$8,989
Oct 199901,55020.982.80$4,346
Sep 199902,40021.752.62$6,285
Aug 1999832,71619.262.88$9,409
Jul 199903,28917.892.37$7,803
Jun 199903,64815.942.36$8,617
May 199905,26715.792.32$12,225
Apr 19991255,08115.102.21$13,107
Mar 199906,74812.471.84$12,405
Feb 19991915,9719.981.82$12,760
Jan 199906,73410.381.90$12,794
Dec 199808,4199.201.77$14,930
Nov 199808,07310.892.19$17,645
Oct 1998010,42012.421.97$20,519
Sep 1998013,02312.592.08$27,122
Aug 199818311,99411.301.91$24,945
Jul 1998019,77711.742.24$44,246

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.

Nov 2006 — as filed, then multipliedworked
Condensate            61 bbl  × $ 54.20 =     $3,306
Gas                    0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                   $3,306

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/170430 is the state's own key, not one this site invented.