MAJORS

Operated by GEL PETROLEUM, INC. (P-5 298876) in the PAXTON (PALUXY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 80466District 06Field 69855500NGPA filingGasSaveExport
Value, all time
$143 k
Jan 1993 – Apr 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
196
no gaps in the span
Streams
1
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1977-03-24
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 8-1-93

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
GasProduction58,020 Mcf$143,422
Total$143,422

10,037 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 31.9688, -94.1623. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96875, -94.16232 · 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
100.0%
1 of 1 wells
Median depth
7,010 ft
1 wells filed one
Completion to plug
30.5 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 7,010 ft.

Completions filed
Oct 1978
1 of 1 wells
Plug dates filed
Apr 2009
1 of 1 wells

Last completion to plug: a median of 30.5 years across the 1 well that filed both dates, with the middle half between 30.5 years and 30.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4193027017,010 ftOct 1978Apr 2009Yes

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 (196)

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

196 months

Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 20033028.174.76$143
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003131.146.10$6
Feb 2003133.487.93$8
Jan 2003130.315.58$6
Dec 2002126.914.85$5
Nov 20023024.664.14$124
Oct 20023026.464.23$127
Sep 20023027.443.64$109
Aug 20023025.963.16$95
Jul 20023024.583.06$92
Jun 20023023.733.34$100
May 20023024.663.58$108
Apr 20023023.653.51$105
Mar 200270122.003.10$2,175
Feb 200258918.222.38$1,399
Jan 200263017.172.38$1,497
Dec 200169016.932.36$1,631
Nov 200144118.072.41$1,061
Oct 200163019.782.53$1,593
Sep 200169324.262.25$1,560
Aug 200182224.873.05$2,510
Jul 200186923.933.20$2,778
Jun 200187024.563.82$3,327
May 200186425.524.31$3,722
Apr 200165624.685.34$3,500
Mar 200193024.545.38$5,000
Feb 200154827.755.77$3,160
Jan 200172627.478.40$6,098
Dec 200050626.889.12$4,616
Nov 200095432.215.66$5,398
Oct 20001,60031.235.15$8,233
Sep 2000031.875.19$0
Aug 200029329.644.54$1,330
Jul 200071728.534.09$2,932
Jun 200066729.304.40$2,933
May 200063727.263.68$2,344
Apr 200075324.513.12$2,346
Mar 200065528.422.86$1,873
Feb 200047727.622.73$1,301
Jan 200070825.272.48$1,756
Dec 199960724.282.42$1,471
Nov 199986923.192.43$2,115
Oct 199984620.982.80$2,372
Sep 199917121.752.62$448
Aug 1999019.262.88$0
Jul 199916117.892.37$382
Jun 1999015.942.36$0
May 199950715.792.32$1,177
Apr 199987815.102.21$1,939
Mar 199985412.471.84$1,570
Feb 19997779.981.82$1,412
Jan 199981210.381.90$1,543
Dec 19986169.201.77$1,092
Nov 199854710.892.19$1,196
Oct 199880312.421.97$1,581
Sep 199886112.592.08$1,793
Aug 199893211.301.91$1,778
Jul 199899011.742.24$2,215
Jun 19981,02211.242.24$2,286
May 19981,03012.622.21$2,273
Apr 19981,02013.042.51$2,555
Mar 199876912.802.31$1,776
Feb 199887513.952.30$2,012
Jan 199886014.702.15$1,853
Dec 199788316.322.41$2,129
Nov 199779218.193.09$2,446
Oct 199791719.253.15$2,888
Sep 199783417.742.95$2,464
Aug 19971,05517.862.55$2,695
Jul 19971,22917.582.25$2,761
Jun 199788217.242.26$1,991
May 19971,26918.972.31$2,929
Apr 19971,50317.882.08$3,130
Mar 19971,41018.951.94$2,734
Feb 19971,50220.492.21$3,313
Jan 1997023.483.54$0
Dec 1996223.32$0
Nov 1996221.97$0
Oct 19961123.31$0
Sep 19961122.22$0
Aug 1996320.26$0
Jul 1996519.55$0
Jun 1996218.73$0
May 1996319.43$0
Apr 19961121.51$0
Mar 19965319.38$0
Feb 199626116.98$0
Jan 199612317.07$0
Dec 19951217.19$0
Nov 1995716.00$0
Oct 199512215.43$0
Sep 199517616.18$0
Aug 1995315.92$0
Jul 1995615.24$0
Jun 19954516.41$0
May 19954717.56$0
Apr 19952817.73$0
Mar 19954716.44$0
Feb 19959016.58$0
Jan 19955515.92$0
Dec 19945315.03$0
Nov 199416015.90$0
Oct 199413715.58$0
Sep 199429715.29$0
Aug 199412516.13$0
Jul 199412417.56$0
Jun 199463917.09$0
May 199470715.88$0
Apr 199457314.14$0
Mar 1994012.46$0
Feb 199478312.50$0
Jan 199474312.66$0
Dec 199322812.33$0
Nov 199329714.49$0
Oct 199331415.85$0
Sep 199344615.03$0
Aug 199331615.66$0
Jul 19934115.46$0
Jun 199334516.79$0
May 199338017.68$0
Apr 199347718.05$0
Mar 199352618.14$0
Feb 199352317.90$0
Jan 199367816.93$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.

Oct 2003 — as filed, then multipliedworked
Gas                   30 Mcf  × $  4.76 =       $143

────────────────────────────────────────────────────
Month total                                     $143

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/80466 is the state's own key, not one this site invented.