GOLLADAY -A- #1 & 2

Operated by BLUESTEM ENERGY HOLDINGS, LLC (P-5 76862) in the AZALEA (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21644District 08Field 04605444Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$900 k
Jan 1993 – May 2013
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
245
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 24 leases and 70 wells, and the rule below applies to all of them.

Discovered
1967-10-19
as the register files it
Field class
Oil
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 2014-12-09.

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: PRODUCTION.

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
OilDisposition29,690 bbl$900,365
Casinghead gasProduction22 Mcf$2
Total$900,367

21 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 (3)

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 31.9950, -101.9180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.99557, -101.91757 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
4,220 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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

Between 4,220 and 4,385 ft, median 4,220 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1970 – Apr 1971
2 of 3 wells; 1 filed none
Plug dates filed
Nov 1985
1 of 3 wells; 2 filed none

3 wells

42-329314903A4,385 ftNov 1985Yes
42-329300802 A4,220 ftApr 1971
42-329300481 A4,220 ftAug 1970

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 (245)

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

245 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012417089.383.40$37,271
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20111086.504.59$87
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010168070.364.91$11,820
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009156074.593.75$11,636
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009160067.423.22$10,787
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009160054.743.93$8,758
Apr 2009168046.773.59$7,857
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009163035.865.37$5,845
Dec 2008164037.105.98$6,084
Nov 20080055.496.86$0
Oct 2008165075.246.92$12,415
Sep 20081730101.767.88$17,604
Aug 200810114.228.48$114
Jul 20081750131.0811.39$22,939
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081570110.3110.45$17,319
Mar 20081680101.909.66$17,119
Feb 20080092.538.77$0
Jan 2008150090.388.21$13,557
Dec 20071088.337.30$88
Nov 2007166091.677.29$15,217
Oct 20070082.856.92$0
Sep 2007333075.846.24$25,255
Aug 2007168069.066.39$11,602
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007177058.747.85$10,397
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007124055.108.22$6,832
Jan 2007174050.306.73$8,752
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006163054.906.01$8,949
Sep 2006299060.085.04$17,964
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006191066.016.42$12,608
Apr 2006231064.397.36$14,874
Mar 20060056.707.08$0
Feb 20061057.597.75$58
Jan 2006231060.598.93$13,996
Dec 20050054.9413.42$0
Nov 2005218054.6910.59$11,922
Oct 20050058.3413.80$0
Sep 2005212061.4512.08$13,027
Aug 20050061.519.80$0
Jul 2005291055.697.84$16,206
Jun 20050052.337.38$0
May 2005135045.226.65$6,105
Apr 2005202049.207.36$9,938
Mar 20050050.377.15$0
Feb 2005197045.226.31$8,908
Jan 20050043.166.32$0
Dec 2004195039.866.75$7,773
Nov 20044045.286.33$181
Oct 2004134049.706.52$6,660
Sep 2004188043.245.28$8,129
Aug 20040042.375.55$0
Jul 2004158038.286.08$6,048
Jun 2004167036.106.43$6,029
May 20040037.486.49$0
Apr 2004235034.475.86$8,100
Mar 2004215034.365.53$7,387
Feb 20041032.455.51$32
Jan 2004183032.036.30$5,861
Dec 20031030.266.30$30
Nov 2003232028.804.60$6,682
Oct 2003190028.174.76$5,352
Sep 20030026.314.75$0
Aug 2003202029.765.13$6,012
Jul 20030029.415.17$0
Jun 2003254028.565.98$7,254
May 20030026.595.97$0
Apr 2003219026.675.41$5,841
Mar 20030031.146.10$0
Feb 2003183033.487.93$6,127
Jan 2003118030.315.58$3,577
Dec 2002188026.914.85$5,059
Nov 20020024.664.14$0
Oct 2002108026.464.23$2,858
Sep 2002143027.443.64$3,924
Aug 2002139025.963.16$3,608
Jul 2002196024.583.06$4,818
Jun 20020023.733.34$0
May 2002139024.663.58$3,428
Apr 2002176023.653.51$4,162
Mar 2002126022.003.10$2,772
Feb 2002143018.222.38$2,605
Jan 2002168017.172.38$2,885
Dec 2001133016.932.36$2,252
Nov 2001130018.072.41$2,349
Oct 2001154019.782.53$3,046
Sep 2001134024.262.25$3,251
Aug 2001116024.873.05$2,885
Jul 2001148023.933.20$3,542
Jun 2001136024.563.82$3,340
May 2001110025.524.31$2,807
Apr 2001135024.685.34$3,332
Mar 2001178024.545.38$4,368
Feb 2001141027.755.77$3,913
Jan 2001165027.478.40$4,533
Dec 2000166026.889.12$4,462
Nov 2000165032.215.66$5,315
Oct 2000149031.235.15$4,653
Sep 2000153031.875.19$4,876
Aug 2000165029.644.54$4,891
Jul 2000162028.534.09$4,622
Jun 200089029.304.40$2,608
May 2000158027.263.68$4,307
Apr 2000169024.513.12$4,142
Mar 2000144028.422.86$4,092
Feb 2000132027.622.73$3,646
Jan 2000194025.272.48$4,902
Dec 1999146024.282.42$3,545
Nov 1999170023.192.43$3,942
Oct 1999140020.982.80$2,937
Sep 1999185021.752.62$4,024
Aug 1999151019.262.88$2,908
Jul 1999154017.892.37$2,755
Jun 1999156015.942.36$2,487
May 1999153015.792.32$2,416
Apr 1999167015.102.21$2,522
Mar 1999161012.471.84$2,008
Feb 199915209.981.82$1,517
Jan 1999195010.381.90$2,024
Dec 199816309.201.77$1,500
Nov 1998190010.892.19$2,069
Oct 1998153012.421.97$1,900
Sep 1998229012.592.08$2,883
Aug 19980011.301.91$0
Jul 1998153011.742.24$1,796
Jun 1998146011.242.24$1,641
May 1998196012.622.21$2,474
Apr 1998200013.042.51$2,608
Mar 1998175012.802.31$2,240
Feb 1998170013.952.30$2,372
Jan 1998189014.702.15$2,778
Dec 1997137016.322.41$2,236
Nov 1997198018.193.09$3,602
Oct 1997181019.253.15$3,484
Sep 1997167017.742.95$2,963
Aug 1997193017.862.55$3,447
Jul 1997143117.582.25$2,516
Jun 1997221017.242.26$3,810
May 1997160018.972.31$3,035
Apr 1997246017.882.08$4,398
Mar 1997193018.951.94$3,657
Feb 1997212020.492.21$4,344
Jan 1997181023.483.54$4,250
Dec 1996178023.32$4,151
Nov 1996227021.97$4,987
Oct 1996216023.31$5,035
Sep 1996204022.22$4,533
Aug 1996209020.26$4,234
Jul 1996181019.55$3,539
Jun 19961018.73$19
May 1996187019.43$3,633
Apr 1996203021.51$4,367
Mar 1996205019.38$3,973
Feb 1996171016.98$2,904
Jan 1996188017.07$3,209
Dec 1995191017.19$3,283
Nov 1995186016.00$2,976
Oct 1995194015.43$2,993
Sep 1995216016.18$3,495
Aug 1995201015.92$3,200
Jul 1995214015.24$3,261
Jun 1995208016.41$3,413
May 1995203017.56$3,565
Apr 1995194017.73$3,440
Mar 1995228016.44$3,748
Feb 1995220016.58$3,648
Jan 1995224015.92$3,566
Dec 1994238015.03$3,577
Nov 1994368015.90$5,851
Oct 19945015.58$78
Sep 1994389115.29$5,948
Aug 19940116.13$0
Jul 1994374117.56$6,567
Jun 19940117.09$0
May 1994390115.88$6,193
Apr 19941114.14$14
Mar 1994269112.46$3,352
Feb 1994377112.50$4,713
Jan 19942112.66$25
Dec 1993355112.33$4,377
Nov 19930114.49$0
Oct 1993428115.85$6,784
Sep 19931115.03$15
Aug 1993221115.66$3,461
Jul 1993196115.46$3,030
Jun 1993242116.79$4,063
May 1993396117.68$7,001
Apr 19932118.05$36
Mar 1993172118.14$3,120
Feb 1993237117.90$4,242
Jan 1993261116.93$4,419

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 2012 — as filed, then multipliedworked
Oil                  417 bbl  × $ 89.38 =    $37,271
Casinghead gas         0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                  $37,271

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/O/21644 is the state's own key, not one this site invented.