GOLDSMITH-LANDRETH (DEEP) UNIT

Name: GOLDSMITH-LANDRETH (DEEP) UNIT lease production and value, Mar 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the GOLDSMITH (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154206District 08Field 35652062Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$2.5 M

Mar 1995 – Dec 2004

Value, last 12 filed months

at the published price for each month

Months reported

118

no gaps in the span

Streams

condensate, gas

The GOLDSMITH (CLEAR FORK) field

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 255 leases and 3,904 wells, and the rule below applies to all of them.

Discovered

1946-03-11

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2006-10-10.

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.

The Commission's schedule remark for this field reads: “REMAIN SUSPENDED.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	17,628 bbl	$319,749
Gas	Production	1,581,227 Mcf	$2,147,685
Total			$2,467,434

813,957 Mcf of this lease's gas, across 21 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 32.0406, -102.6740. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04057, -102.67396 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,193 ft

1 wells filed one

Completion to plug

21.4 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 8,193 ft.

Completions filed

Jul 1983

1 of 1 wells

Plug dates filed

Dec 2004

1 of 1 wells

Last completion to plug: a median of 21.4 years across the 1 well that filed both dates, with the middle half between 21.4 years and 21.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13503416	313	8,193 ft	Jul 1983	Dec 2004	Yes

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 (118)

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

118 months


Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	43	2,963	22.00	3.10	$10,139
Feb 2002	43	3,148	18.22	2.38	$8,262
Jan 2002	43	1,671	17.17	2.38	$4,708
Dec 2001	0	61	16.93	2.36	$144
Nov 2001	0	59	18.07	2.41	$142
Oct 2001	0	63	19.78	2.53	$159
Sep 2001	0	59	24.26	2.25	$133
Aug 2001	0	58	24.87	3.05	$177
Jul 2001	0	55	23.93	3.20	$176
Jun 2001	0	56	24.56	3.82	$214
May 2001	27	160	25.52	4.31	$1,378
Apr 2001	27	7,388	24.68	5.34	$40,084
Mar 2001	27	9,426	24.54	5.38	$51,341
Feb 2001	24	9,778	27.75	5.77	$57,057
Jan 2001	26	12,466	27.47	8.40	$105,413
Dec 2000	27	105	26.88	9.12	$1,684
Nov 2000	28	4,025	32.21	5.66	$23,675
Oct 2000	29	10,438	31.23	5.15	$54,614
Sep 2000	27	12,586	31.87	5.19	$66,138
Aug 2000	17	6,678	29.64	4.54	$30,827
Jul 2000	22	11,809	28.53	4.09	$48,924
Jun 2000	28	11,337	29.30	4.40	$50,672
May 2000	0	10,440	27.26	3.68	$38,417
Apr 2000	2	8,553	24.51	3.12	$26,700
Mar 2000	208	9,376	28.42	2.86	$32,724
Feb 2000	0	9,349	27.62	2.73	$25,490
Jan 2000	2	11,649	25.27	2.48	$28,946
Dec 1999	112	9,823	24.28	2.42	$26,528
Nov 1999	236	10,825	23.19	2.43	$31,821
Oct 1999	268	11,850	20.98	2.80	$38,847
Sep 1999	247	12,560	21.75	2.62	$38,265
Aug 1999	263	13,912	19.26	2.88	$45,071
Jul 1999	232	14,733	17.89	2.37	$39,103
Jun 1999	261	14,671	15.94	2.36	$38,815
May 1999	147	15,729	15.79	2.32	$38,828
Apr 1999	106	13,334	15.10	2.21	$31,043
Mar 1999	153	14,165	12.47	1.84	$27,948
Feb 1999	106	14,901	9.98	1.82	$28,145
Jan 1999	176	17,416	10.38	1.90	$34,916
Dec 1998	125	13,832	9.20	1.77	$25,679
Nov 1998	171	18,179	10.89	2.19	$41,596
Oct 1998	135	13,392	12.42	1.97	$28,048
Sep 1998	172	17,939	12.59	2.08	$39,526
Aug 1998	116	13,946	11.30	1.91	$27,911
Jul 1998	4	0	11.74	2.24	$47
Jun 1998	175	19,371	11.24	2.24	$45,305
May 1998	183	20,464	12.62	2.21	$47,460
Apr 1998	176	20,410	13.04	2.51	$53,429
Mar 1998	177	21,791	12.80	2.31	$52,591
Feb 1998	156	19,211	13.95	2.30	$46,345
Jan 1998	172	22,514	14.70	2.15	$51,041
Dec 1997	174	22,004	16.32	2.41	$55,894
Nov 1997	367	24,770	18.19	3.09	$83,172
Oct 1997	383	22,481	19.25	3.15	$78,184
Sep 1997	365	13,071	17.74	2.95	$45,098
Aug 1997	243	19,443	17.86	2.55	$54,012
Jul 1997	4	2	17.58	2.25	$75
Jun 1997	344	24,031	17.24	2.26	$60,173
May 1997	366	25,815	18.97	2.31	$66,537
Apr 1997	371	24,484	17.88	2.08	$57,628
Mar 1997	385	26,562	18.95	1.94	$58,803
Feb 1997	346	19,580	20.49	2.21	$50,281
Jan 1997	385	26,303	23.48	3.54	$102,145
Dec 1996	388	27,709	23.32	—	$9,048
Nov 1996	376	27,536	21.97	—	$8,261
Oct 1996	391	30,164	23.31	—	$9,114
Sep 1996	377	31,665	22.22	—	$8,377
Aug 1996	387	34,921	20.26	—	$7,841
Jul 1996	446	35,637	19.55	—	$8,719
Jun 1996	491	30,128	18.73	—	$9,196
May 1996	548	37,458	19.43	—	$10,648
Apr 1996	514	41,105	21.51	—	$11,056
Mar 1996	531	27,084	19.38	—	$10,291
Feb 1996	519	34,782	16.98	—	$8,813
Jan 1996	157	38,997	17.07	—	$2,680
Dec 1995	156	42,312	17.19	—	$2,682
Nov 1995	153	46,135	16.00	—	$2,448
Oct 1995	157	55,277	15.43	—	$2,423
Sep 1995	630	58,676	16.18	—	$10,193
Aug 1995	527	65,681	15.92	—	$8,390
Jul 1995	1,054	77,449	15.24	—	$16,063
Jun 1995	1,374	33,431	16.41	—	$22,547
May 1995	0	0	17.56	—	$0
Apr 1995	0	30,438	17.73	—	$0
Mar 1995	0	7,372	16.44	—	$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.

Mar 2002 — as filed, then multipliedworked

Condensate            43 bbl  × $ 22.00 =       $946
Gas                2,963 Mcf  × $  3.10 =     $9,193

────────────────────────────────────────────────────
Month total                                  $10,139

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. 08/G/154206 is the state's own key, not one this site invented.