GIESECKE

Operated by OLSEN ENERGY INC. (P-5 621750) in the GIRVINTEX (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180365District 08Field 35092800GasSaveExport
Value, all time
$812 k
Nov 2000 – Apr 2008
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
90
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1977-02-18
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1983-10-17.

The Commission's schedule remark for this field reads: PER MARATHON OIL COMPANY REQUEST

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
GasProduction135,660 Mcf$812,261
Total$812,261

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 30.9839, -102.4222. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.98386, -102.42219 · 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
5,000 ft
1 wells filed one
Completion to plug
22 months
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 5,000 ft.

Completions filed
Apr 2008
1 of 1 wells
Plug dates filed
Feb 2010
1 of 1 wells

Last completion to plug: a median of 22 months across the 1 well that filed both dates, with the middle half between 22 months and 22 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713612835,000 ftApr 2008Feb 2010Yes

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 (90)

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

90 months

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 200712791.677.29$926
Oct 20071,50582.856.92$10,418
Sep 200738775.846.24$2,416
Aug 200798569.066.39$6,292
Jul 200729570.906.39$1,884
Jun 200728162.007.55$2,121
May 200722658.747.85$1,773
Apr 20071,18559.617.81$9,249
Mar 20072,83256.927.30$20,679
Feb 200789655.108.22$7,362
Jan 20071,50550.306.73$10,124
Dec 20061,36756.656.92$9,458
Nov 20061,87454.207.62$14,275
Oct 20062,31854.906.01$13,940
Sep 20062,98660.085.04$15,041
Aug 20063,09968.717.34$22,746
Jul 20063,42169.376.34$21,699
Jun 20063,05366.286.38$19,490
May 20064,08666.016.42$26,253
Apr 20064,11864.397.36$30,310
Mar 20064,43656.707.08$31,420
Feb 200634057.597.75$2,635
Jan 20061,00060.598.93$8,933
Dec 20051,29354.9413.42$17,346
Nov 20051,40654.6910.59$14,887
Oct 20051,74758.3413.80$24,101
Sep 20051,08861.4512.08$13,142
Aug 20051,64661.519.80$16,126
Jul 20051,54155.697.84$12,087
Jun 20051,57152.337.38$11,596
May 20051,25945.226.65$8,374
Apr 20052,10149.207.36$15,464
Mar 20052,50650.377.15$17,930
Feb 20052,71245.226.31$17,118
Jan 20052,04543.166.32$12,929
Dec 20041,14839.866.75$7,750
Nov 200436245.286.33$2,292
Oct 200463949.706.52$4,163
Sep 200452043.245.28$2,748
Aug 200459142.375.55$3,280
Jul 200476638.286.08$4,660
Jun 200459336.106.43$3,815
May 200478037.486.49$5,066
Apr 200447734.475.86$2,794
Mar 200473634.365.53$4,070
Feb 200435532.455.51$1,956
Jan 200458232.036.30$3,666
Dec 200357230.266.30$3,605
Nov 200386628.804.60$3,979
Oct 200362528.174.76$2,975
Sep 200386126.314.75$4,089
Aug 200388629.765.13$4,545
Jul 20031,00929.415.17$5,217
Jun 200380228.565.98$4,798
May 200349426.595.97$2,951
Apr 200386826.675.41$4,694
Mar 200392631.146.10$5,645
Feb 200368133.487.93$5,398
Jan 200395530.315.58$5,331
Dec 20021,01426.914.85$4,922
Nov 200293324.664.14$3,860
Oct 20021,22226.464.23$5,168
Sep 20021,23327.443.64$4,482
Aug 20021,61125.963.16$5,097
Jul 20021,50224.583.06$4,599
Jun 20021,46623.733.34$4,894
May 20021,61324.663.58$5,781
Apr 20021,87923.653.51$6,600
Mar 20021,19222.003.10$3,698
Feb 20021,36718.222.38$3,248
Jan 20021,72317.172.38$4,093
Dec 20011,86716.932.36$4,414
Nov 20011,86718.072.41$4,491
Oct 20012,13019.782.53$5,387
Sep 20011,79924.262.25$4,050
Aug 20012,55924.873.05$7,813
Jul 20012,63023.933.20$8,408
Jun 20012,85824.563.82$10,929
May 20014,42525.524.31$19,060
Apr 20014,06224.685.34$21,672
Mar 20015,16224.545.38$27,753
Feb 20012,19327.755.77$12,647
Jan 20013,29527.478.40$27,674
Dec 20003,00226.889.12$27,386
Nov 200072532.215.66$4,102

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.

Nov 2007 — as filed, then multipliedworked
Gas                  127 Mcf  × $  7.29 =       $926

────────────────────────────────────────────────────
Month total                                     $926

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/180365 is the state's own key, not one this site invented.