STONE - JOHNSON -C-

Operated by GOLDSTON OIL CORPORATION (P-5 313990) in the QUITMAN (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5522District 06Field 73844235OilCasinghead gasSaveExport
Value, all time
$70 k
Jan 1993 – Jan 1999
Value, last 12 filed months
$419
at the published price for each month
Months reported
73
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 35 leases and 67 wells, and the rule below applies to all of them.

Discovered
1942-12-01
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition3,861 bbl$69,887
Casinghead gasProduction211 Mcf$164
Total$70,051

146 Mcf of this lease's gas, across 30 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 32.8399, -95.4821. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.83992, -95.48209 · 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
4,370 ft
1 wells filed one
Completion to plug
27.8 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 4,370 ft.

Completions filed
Jan 1971
1 of 1 wells
Plug dates filed
Oct 1998
1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49900631C 34,370 ftJan 1971Oct 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 (73)

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

73 months

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 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 199812012.802.31$154
Feb 199819013.952.30$265
Jan 199877514.702.15$1,143
Dec 1997114516.322.41$1,873
Nov 199747518.193.09$870
Oct 1997103519.253.15$1,999
Sep 199789517.742.95$1,594
Aug 199775517.862.55$1,352
Jul 199794517.582.25$1,664
Jun 1997112517.242.26$1,942
May 199782518.972.31$1,567
Apr 1997100517.882.08$1,798
Mar 199762518.951.94$1,185
Feb 1997101520.492.21$2,081
Jan 1997112523.483.54$2,647
Dec 1996114523.32$2,658
Nov 199671521.97$1,560
Oct 1996116523.31$2,704
Sep 199679522.22$1,755
Aug 199677520.26$1,560
Jul 1996100519.55$1,955
Jun 199686518.73$1,611
May 199691519.43$1,768
Apr 1996100521.51$2,151
Mar 199695519.38$1,841
Feb 199690516.98$1,528
Jan 1996105517.07$1,792
Dec 199563517.19$1,083
Nov 1995133516.00$2,128
Oct 199565515.43$1,003
Sep 199587516.18$1,408
Aug 199582515.92$1,305
Jul 199577515.24$1,173
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19943012.66$38
Dec 199324112.33$296
Nov 1993101514.49$1,463
Oct 199392515.85$1,458
Sep 199382515.03$1,232
Aug 199391515.66$1,425
Jul 199390515.46$1,391
Jun 199393516.79$1,561
May 1993101517.68$1,786
Apr 199385518.05$1,534
Mar 199391518.14$1,651
Feb 199386517.90$1,539
Jan 199392516.93$1,558

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 1998 — as filed, then multipliedworked
Oil                   12 bbl  × $ 12.80 =       $154
Casinghead gas         0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                     $154

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/5522 is the state's own key, not one this site invented.