TRACT 14

Operated by GAITHER PETROLEUM CORPORATION (P-5 292850) in the FOREST HILL (HARRIS SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15301District 06Field 31941100Hydrogen sulphide fieldOilSaveExport
Value, all time
$456 k
Aug 2012 – May 2016
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
46
no gaps in the span
Streams
1
oil

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 40 leases and 258 wells, and the rule below applies to all of them.

Discovered
1954-03-31
as the register files it
Field class
Oil
the register's own label
Between wells
400 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition5,237 bbl$455,649
Total$455,649

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 32.8312, -95.3901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.83116, -95.39012 · 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
5,065 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 5,065 ft.

Completions filed
Mar 1992
1 of 1 wells

1 well

42-499314691025,065 ftMar 1992

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 (46)

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

46 months

May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 201537132.362.00$12,006
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 20158944.662.98$3,975
Jan 20156143.433.10$2,649
Dec 2014054.693.59$0
Nov 201411470.464.25$8,032
Oct 201420978.303.90$16,365
Sep 201421986.164.05$18,869
Aug 201414489.394.04$12,872
Jul 201418296.564.18$17,574
Jun 201413298.164.74$12,957
May 201415994.734.73$15,062
Apr 20143595.944.81$3,358
Mar 20146395.895.06$6,041
Feb 201417097.406.19$16,558
Jan 20146190.404.86$5,514
Dec 201310091.824.35$9,182
Nov 20139688.853.74$8,530
Oct 201311397.423.78$11,008
Sep 201386104.113.72$8,953
Aug 2013105104.253.52$10,946
Jul 2013378102.523.72$38,753
Jun 20133894.403.93$3,587
May 201333394.834.15$31,578
Apr 201327093.964.28$25,369
Mar 201324893.623.91$23,218
Feb 201324591.233.42$22,351
Jan 201335591.603.42$32,518
Dec 201218586.773.42$16,052
Nov 201215986.953.62$13,825
Oct 201215489.383.40$13,765
Sep 201227194.672.92$25,656
Aug 20129292.662.91$8,525

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.

Dec 2015 — as filed, then multipliedworked
Oil                  371 bbl  × $ 32.36 =    $12,006

────────────────────────────────────────────────────
Month total                                  $12,006

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/15301 is the state's own key, not one this site invented.