KRANSON GREEN #3

Operated by GMX RESOURCES INC. (P-5 311408) in the BETHANY (TRAVIS PEAK 6350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13051District 06Field 07527837OilCasinghead gasSaveExport
Value, all time
$407 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead 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 11 leases and 12 wells, and the rule below applies to all of them.

Discovered
1957-05-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1994-02-14.

The Commission's schedule remark for this field reads: TRANSFERED TO BETHANY (TRAVIS PEAK CONS.)

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
OilDisposition24,309 bbl$400,207
Casinghead gasProduction54,931 Mcf$6,709
Total$406,917

51,930 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 32.4324, -94.2665. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43236, -94.26649 · 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
6,900 ft
1 wells filed one
Completion to plug
10.6 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 6,900 ft.

Completions filed
Aug 1992
1 of 1 wells
Plug dates filed
Mar 2003
1 of 1 wells

Last completion to plug: a median of 10.6 years across the 1 well that filed both dates, with the middle half between 10.6 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033190736,900 ftAug 1992Mar 2003Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200153024.262.25$1,286
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998177011.242.24$1,989
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998100012.802.31$1,280
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 199702019.253.15$63
Sep 19970017.742.95$0
Aug 1997182017.862.55$3,251
Jul 199706017.582.25$135
Jun 1997011117.242.26$251
May 199703418.972.31$78
Apr 199719559117.882.08$4,718
Mar 19971921,04218.951.94$5,659
Feb 199719083620.492.21$5,737
Jan 199719330723.483.54$5,618
Dec 199617539423.32$4,081
Nov 199618335121.97$4,021
Oct 199617067123.31$3,963
Sep 199618376322.22$4,066
Aug 1996077820.26$0
Jul 1996058819.55$0
Jun 1996020318.73$0
May 199638331419.43$7,442
Apr 199619297621.51$4,130
Mar 19963771,00919.38$7,306
Feb 199639359316.98$6,673
Jan 199637959817.07$6,470
Dec 199555683717.19$9,558
Nov 19953771,21616.00$6,032
Oct 199537524615.43$5,786
Sep 19951951,32616.18$3,155
Aug 199556162415.92$8,931
Jul 19953771,02615.24$5,745
Jun 199537966816.41$6,219
May 199534883117.56$6,111
Apr 19955581,68517.73$9,893
Mar 19955881,48016.44$9,667
Feb 199531198116.58$5,156
Jan 19955671,66515.92$9,027
Dec 19943811,70015.03$5,726
Nov 19943991,09115.90$6,344
Oct 19945581,70015.58$8,694
Sep 19945361,04315.29$8,195
Aug 19945741,61316.13$9,259
Jul 19943861,13517.56$6,778
Jun 19947641,29117.09$13,057
May 19944031,25315.88$6,400
Apr 199440041314.14$5,656
Mar 19945671,24812.46$7,065
Feb 19944171,49812.50$5,213
Jan 19947071,34212.66$8,951
Dec 19936051,28512.33$7,460
Nov 19935941,12514.49$8,607
Oct 19936101,89315.85$9,669
Sep 19938892,13215.03$13,362
Aug 19937881,34415.66$12,340
Jul 19937621,89015.46$11,781
Jun 19935921,15116.79$9,940
May 19938911,40117.68$15,753
Apr 199371672018.05$12,924
Mar 19939161,61018.14$16,616
Feb 19937261,47317.90$12,995
Jan 19931,21975616.93$20,638

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.

Sep 2001 — as filed, then multipliedworked
Oil                   53 bbl  × $ 24.26 =     $1,286
Casinghead gas         0 Mcf  × $  2.25 =         $0

────────────────────────────────────────────────────
Month total                                   $1,286

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/O/13051 is the state's own key, not one this site invented.