ARCO GOODE

Name: ARCO GOODE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SEABOARD OPERATING CO. (P-5 760960) in the QUITO, WEST (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 85287District 08Field 73933420NGPA filingCondensateGasSave Export

Value, all time

$998 k

Jan 1993 – Mar 2011

Value, last 12 filed months

$32 k

at the published price for each month

Months reported

219

no gaps in the span

Streams

condensate, gas

The QUITO, WEST (CHERRY CANYON) 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 26 leases and 34 wells, and the rule below applies to all of them.

Discovered

1974-02-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “OP 80 DIAG 3250”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	1,943 bbl	$84,584
Gas	Production	287,024 Mcf	$913,867
Total			$998,451

94,025 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 31.5550, -103.4144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.55503, -103.41443 · 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

0.0%

0 of 1 wells

Median depth

6,250 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

1100.0%

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.

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 6,250 ft.

Completions filed

Mar 2011

1 of 1 wells

1 well


42-47531957	1	6,250 ft	Mar 2011	—	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 (219)

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

219 months


Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	132	0	78.10	3.51	$10,309
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	387	73.68	4.42	$1,710
Jul 2010	0	1,112	72.55	4.74	$5,267
Jun 2010	0	931	70.36	4.91	$4,572
May 2010	0	1,224	71.12	4.24	$5,184
Apr 2010	0	1,237	81.69	4.12	$5,100
Mar 2010	0	1,200	78.39	4.39	$5,266
Feb 2010	0	1,325	73.58	5.44	$7,211
Jan 2010	0	1,364	74.36	5.96	$8,135
Dec 2009	0	808	71.44	5.48	$4,431
Nov 2009	0	1,225	74.59	3.75	$4,596
Oct 2009	0	1,332	72.54	4.11	$5,475
Sep 2009	165	1,339	65.54	3.06	$14,918
Aug 2009	0	922	67.42	3.22	$2,967
Jul 2009	0	896	61.13	3.46	$3,104
Jun 2009	0	1,495	66.16	3.90	$5,823
May 2009	0	1,475	54.74	3.93	$5,790
Apr 2009	0	914	46.77	3.59	$3,279
Mar 2009	0	933	42.14	4.06	$3,787
Feb 2009	0	871	32.81	4.63	$4,035
Jan 2009	0	991	35.86	5.37	$5,323
Dec 2008	0	945	37.10	5.98	$5,648
Nov 2008	0	912	55.49	6.86	$6,257
Oct 2008	0	964	75.24	6.92	$6,673
Sep 2008	0	678	101.76	7.88	$5,341
Aug 2008	183	932	114.22	8.48	$28,808
Jul 2008	0	838	131.08	11.39	$9,544
Jun 2008	0	815	131.33	13.03	$10,622
May 2008	0	880	123.17	11.57	$10,185
Apr 2008	0	742	110.31	10.45	$7,758
Mar 2008	0	954	101.90	9.66	$9,220
Feb 2008	0	900	92.53	8.77	$7,894
Jan 2008	0	1,014	90.38	8.21	$8,321
Dec 2007	0	1,019	88.33	7.30	$7,441
Nov 2007	0	1,125	91.67	7.29	$8,203
Oct 2007	0	1,130	82.85	6.92	$7,822
Sep 2007	0	93	75.84	6.24	$581
Aug 2007	0	143	69.06	6.39	$913
Jul 2007	0	759	70.90	6.39	$4,848
Jun 2007	0	944	62.00	7.55	$7,126
May 2007	0	969	58.74	7.85	$7,603
Apr 2007	0	918	59.61	7.81	$7,165
Mar 2007	0	952	56.92	7.30	$6,951
Feb 2007	0	888	55.10	8.22	$7,296
Jan 2007	181	993	50.30	6.73	$15,784
Dec 2006	0	975	56.65	6.92	$6,745
Nov 2006	0	984	54.20	7.62	$7,496
Oct 2006	0	982	54.90	6.01	$5,906
Sep 2006	0	978	60.08	5.04	$4,926
Aug 2006	0	988	68.71	7.34	$7,252
Jul 2006	0	1,024	69.37	6.34	$6,495
Jun 2006	0	989	66.28	6.38	$6,314
May 2006	0	1,042	66.01	6.42	$6,695
Apr 2006	0	769	64.39	7.36	$5,660
Mar 2006	0	1,082	56.70	7.08	$7,664
Feb 2006	0	760	57.59	7.75	$5,891
Jan 2006	0	1,063	60.59	8.93	$9,496
Dec 2005	0	1,142	54.94	13.42	$15,320
Nov 2005	0	1,204	54.69	10.59	$12,748
Oct 2005	0	637	58.34	13.80	$8,788
Sep 2005	0	1,044	61.45	12.08	$12,610
Aug 2005	176	946	61.51	9.80	$20,094
Jul 2005	0	670	55.69	7.84	$5,255
Jun 2005	0	1,050	52.33	7.38	$7,750
May 2005	0	1,159	45.22	6.65	$7,709
Apr 2005	0	1,062	49.20	7.36	$7,817
Mar 2005	0	1,248	50.37	7.15	$8,929
Feb 2005	0	1,243	45.22	6.31	$7,846
Jan 2005	0	1,003	43.16	6.32	$6,341
Dec 2004	0	113	39.86	6.75	$763
Nov 2004	0	1,110	45.28	6.33	$7,027
Oct 2004	0	491	49.70	6.52	$3,199
Sep 2004	0	1,144	43.24	5.28	$6,045
Aug 2004	0	1,157	42.37	5.55	$6,422
Jul 2004	0	1,220	38.28	6.08	$7,423
Jun 2004	0	1,145	36.10	6.43	$7,366
May 2004	0	1,158	37.48	6.49	$7,521
Apr 2004	0	1,167	34.47	5.86	$6,837
Mar 2004	0	1,172	34.36	5.53	$6,481
Feb 2004	0	1,177	32.45	5.51	$6,485
Jan 2004	0	1,179	32.03	6.30	$7,427
Dec 2003	0	1,158	30.26	6.30	$7,297
Nov 2003	0	961	28.80	4.60	$4,416
Oct 2003	0	1,049	28.17	4.76	$4,993
Sep 2003	0	1,109	26.31	4.75	$5,267
Aug 2003	0	1,086	29.76	5.13	$5,571
Jul 2003	0	766	29.41	5.17	$3,961
Jun 2003	0	919	28.56	5.98	$5,498
May 2003	0	1,086	26.59	5.97	$6,486
Apr 2003	0	1,151	26.67	5.41	$6,224
Mar 2003	181	1,150	31.14	6.10	$12,647
Feb 2003	0	990	33.48	7.93	$7,847
Jan 2003	0	1,243	30.31	5.58	$6,938
Dec 2002	0	1,244	26.91	4.85	$6,038
Nov 2002	0	1,181	24.66	4.14	$4,886
Oct 2002	0	1,211	26.46	4.23	$5,121
Sep 2002	0	1,161	27.44	3.64	$4,220
Aug 2002	0	1,241	25.96	3.16	$3,927
Jul 2002	0	1,281	24.58	3.06	$3,922
Jun 2002	0	1,150	23.73	3.34	$3,839
May 2002	0	901	24.66	3.58	$3,229
Apr 2002	0	1,233	23.65	3.51	$4,331
Mar 2002	0	1,263	22.00	3.10	$3,919
Feb 2002	0	1,152	18.22	2.38	$2,737
Jan 2002	0	1,202	17.17	2.38	$2,856
Dec 2001	0	1,269	16.93	2.36	$3,000
Nov 2001	0	1,246	18.07	2.41	$2,997
Oct 2001	151	1,336	19.78	2.53	$6,365
Sep 2001	0	1,303	24.26	2.25	$2,933
Aug 2001	0	1,375	24.87	3.05	$4,198
Jul 2001	0	1,404	23.93	3.20	$4,489
Jun 2001	0	1,335	24.56	3.82	$5,105
May 2001	0	1,387	25.52	4.31	$5,974
Apr 2001	0	1,362	24.68	5.34	$7,267
Mar 2001	0	1,397	24.54	5.38	$7,511
Feb 2001	0	1,215	27.75	5.77	$7,007
Jan 2001	0	1,451	27.47	8.40	$12,187
Dec 2000	0	1,320	26.88	9.12	$12,042
Nov 2000	0	1,453	32.21	5.66	$8,221
Oct 2000	0	1,380	31.23	5.15	$7,101
Sep 2000	45	1,143	31.87	5.19	$7,362
Aug 2000	0	1,629	29.64	4.54	$7,397
Jul 2000	0	937	28.53	4.09	$3,832
Jun 2000	0	1,268	29.30	4.40	$5,576
May 2000	0	977	27.26	3.68	$3,595
Apr 2000	0	1,388	24.51	3.12	$4,325
Mar 2000	26	1,472	28.42	2.86	$4,948
Feb 2000	0	1,381	27.62	2.73	$3,765
Jan 2000	0	1,393	25.27	2.48	$3,455
Dec 1999	0	1,371	24.28	2.42	$3,323
Nov 1999	0	1,315	23.19	2.43	$3,201
Oct 1999	0	1,362	20.98	2.80	$3,819
Sep 1999	0	1,342	21.75	2.62	$3,515
Aug 1999	0	1,440	19.26	2.88	$4,141
Jul 1999	0	1,496	17.89	2.37	$3,549
Jun 1999	0	1,470	15.94	2.36	$3,472
May 1999	0	1,520	15.79	2.32	$3,528
Apr 1999	0	1,488	15.10	2.21	$3,286
Mar 1999	0	1,589	12.47	1.84	$2,921
Feb 1999	0	1,371	9.98	1.82	$2,492
Jan 1999	0	1,580	10.38	1.90	$3,002
Dec 1998	0	1,563	9.20	1.77	$2,772
Nov 1998	0	1,583	10.89	2.19	$3,460
Oct 1998	0	1,631	12.42	1.97	$3,212
Sep 1998	0	1,691	12.59	2.08	$3,522
Aug 1998	0	1,823	11.30	1.91	$3,477
Jul 1998	1	1,412	11.74	2.24	$3,171
Jun 1998	0	1,869	11.24	2.24	$4,181
May 1998	17	1,641	12.62	2.21	$3,835
Apr 1998	0	1,559	13.04	2.51	$3,906
Mar 1998	0	1,435	12.80	2.31	$3,314
Feb 1998	26	1,679	13.95	2.30	$4,223
Jan 1998	0	1,716	14.70	2.15	$3,698
Dec 1997	20	1,920	16.32	2.41	$4,956
Nov 1997	0	1,763	18.19	3.09	$5,445
Oct 1997	0	2,024	19.25	3.15	$6,375
Sep 1997	0	1,644	17.74	2.95	$4,858
Aug 1997	0	1,564	17.86	2.55	$3,996
Jul 1997	0	1,602	17.58	2.25	$3,600
Jun 1997	0	1,735	17.24	2.26	$3,916
May 1997	0	1,205	18.97	2.31	$2,782
Apr 1997	0	1,024	17.88	2.08	$2,133
Mar 1997	0	2,115	18.95	1.94	$4,101
Feb 1997	100	386	20.49	2.21	$2,900
Jan 1997	0	1,597	23.48	3.54	$5,653
Dec 1996	0	1,827	23.32	—	$0
Nov 1996	0	2,178	21.97	—	$0
Oct 1996	0	1,990	23.31	—	$0
Sep 1996	0	127	22.22	—	$0
Aug 1996	0	431	20.26	—	$0
Jul 1996	0	513	19.55	—	$0
Jun 1996	0	382	18.73	—	$0
May 1996	0	872	19.43	—	$0
Apr 1996	0	717	21.51	—	$0
Mar 1996	0	2,556	19.38	—	$0
Feb 1996	0	2,340	16.98	—	$0
Jan 1996	0	2,700	17.07	—	$0
Dec 1995	0	2,778	17.19	—	$0
Nov 1995	0	3,024	16.00	—	$0
Oct 1995	0	2,503	15.43	—	$0
Sep 1995	0	1,892	16.18	—	$0
Aug 1995	77	1,278	15.92	—	$1,226
Jul 1995	0	1,565	15.24	—	$0
Jun 1995	0	1,517	16.41	—	$0
May 1995	57	1,831	17.56	—	$1,001
Apr 1995	0	1,490	17.73	—	$0
Mar 1995	56	1,557	16.44	—	$921
Feb 1995	0	1,687	16.58	—	$0
Jan 1995	0	1,927	15.92	—	$0
Dec 1994	0	1,933	15.03	—	$0
Nov 1994	0	1,968	15.90	—	$0
Oct 1994	52	2,311	15.58	—	$810
Sep 1994	0	2,244	15.29	—	$0
Aug 1994	0	1,095	16.13	—	$0
Jul 1994	0	1,723	17.56	—	$0
Jun 1994	0	2,109	17.09	—	$0
May 1994	101	2,028	15.88	—	$1,604
Apr 1994	0	2,205	14.14	—	$0
Mar 1994	0	2,628	12.46	—	$0
Feb 1994	0	1,853	12.50	—	$0
Jan 1994	0	1,720	12.66	—	$0
Dec 1993	0	1,773	12.33	—	$0
Nov 1993	0	2,895	14.49	—	$0
Oct 1993	0	2,895	15.85	—	$0
Sep 1993	80	2,152	15.03	—	$1,202
Aug 1993	0	2,589	15.66	—	$0
Jul 1993	0	2,589	15.46	—	$0
Jun 1993	0	2,768	16.79	—	$0
May 1993	0	2,358	17.68	—	$0
Apr 1993	0	2,800	18.05	—	$0
Mar 1993	116	2,577	18.14	—	$2,104
Feb 1993	0	2,291	17.90	—	$0
Jan 1993	0	2,839	16.93	—	$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.

Oct 2010 — as filed, then multipliedworked

Condensate           132 bbl  × $ 78.10 =    $10,309
Gas                    0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                  $10,309

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/85287 is the state's own key, not one this site invented.