GIANT GAS UNIT

Operated by FORMATION RESOUR FIELD SVCS, LLC (P-5 100566) in the GARRISON (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 264503District 06Field 34044800CondensateGasSaveExport
Value, all time
$75 k
May 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
181
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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1975-06-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2007-03-06.

The Commission's schedule remark for this field reads: DOCKET #06-0250025.

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
CondensateDisposition384 bbl$33,783
GasProduction11,751 Mcf$40,726
Total$74,509

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 31.8187, -94.4834. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81865, -94.48343 · 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
9,704 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 9,704 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-3473310219,704 ftMay 2011

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 (181)

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

181 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201703046.772.98$90
Feb 201701950.452.95$56
Jan 20170049.413.42$0
Dec 201605048.763.72$186
Nov 201608342.492.64$219
Oct 201608946.193.09$275
Sep 201604041.553.10$124
Aug 201604041.442.92$117
Jul 2016010341.622.92$301
Jun 20160045.352.69$0
May 201604742.521.99$94
Apr 201609036.561.99$179
Mar 2016010933.011.79$196
Feb 2016010226.472.06$210
Jan 2016010127.352.36$239
Dec 2015010232.362.00$204
Nov 2015010038.792.17$217
Oct 2015010143.552.43$245
Sep 2015012342.992.76$339
Aug 2015013340.162.87$382
Jul 20155710848.152.95$3,063
Jun 201506156.152.88$176
May 201505455.212.96$160
Apr 201505049.822.71$135
Mar 2015012942.892.93$379
Feb 2015111344.662.98$381
Jan 2015113443.433.10$459
Dec 2014012354.693.59$442
Nov 2014010470.464.25$442
Oct 2014011978.303.90$464
Sep 2014011886.164.05$477
Aug 2014011489.394.04$460
Jul 201413911096.564.18$13,882
Jun 201416598.164.74$406
May 2014011994.734.73$562
Apr 20141913495.944.81$2,467
Mar 2014011795.895.06$592
Feb 2014011997.406.19$737
Jan 2014014390.404.86$695
Dec 2013029391.824.35$1,276
Nov 2013013388.853.74$497
Oct 2013011597.423.78$435
Sep 20131117104.113.72$539
Aug 20130108104.253.52$380
Jul 20130141102.523.72$524
Jun 2013012794.403.93$500
May 2013011194.834.15$461
Apr 201316517993.964.28$16,270
Mar 2013022493.623.91$876
Feb 2013017491.233.42$595
Jan 2013015791.603.42$537
Dec 2012013886.773.42$472
Nov 2012011786.953.62$424
Oct 201208489.383.40$286
Sep 2012017094.672.92$496
Aug 2012010392.662.91$300
Jul 2012014585.133.02$438
Jun 2012011279.822.52$282
May 201207891.612.49$194
Apr 20120250101.652.00$499
Mar 20120124105.052.22$276
Feb 201201,037101.102.57$2,665
Jan 2012097298.092.73$2,658
Dec 201106696.873.24$214
Nov 2011033095.723.31$1,093
Oct 2011032284.983.65$1,175
Sep 2011031383.623.99$1,248
Aug 2011031083.404.15$1,286
Jul 2011011194.144.52$501
Jun 2011017392.904.64$803
May 201101,42198.134.40$6,259

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.

Mar 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.77 =         $0
Gas                   30 Mcf  × $  2.98 =        $90

────────────────────────────────────────────────────
Month total                                      $90

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/264503 is the state's own key, not one this site invented.