FRASER, G. C.

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

Operated by BRECK OPERATING CORP. (P-5 89974) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30732District 08Field 35652868Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$2.5 M

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The GOLDSMITH (5600) 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 157 leases and 1,575 wells, and the rule below applies to all of them.

Discovered

1947-10-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

850 ft

minimum

From a lease line

555 ft

minimum

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

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: “INTO THE GOLDSMITH (CLEAR FORK) FIELD.”

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	3	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
Oil	Disposition	88,520 bbl	$2,003,185
Casinghead gas	Production	231,142 Mcf	$536,630
Total			$2,539,815

99,324 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 (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 31.9007, -102.6730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.90077, -102.67301 · 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%

3 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

5,910 ft

3 wells filed one

Completion to plug

24.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

3100.0%

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.

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

Between 5,900 and 5,920 ft, median 5,910 ft, over the 3 wells that filed a depth.

Completions filed

Feb 1987 – Apr 1988

3 of 3 wells

Plug dates filed

Jun 2012

1 of 3 wells; 2 filed none

Last completion to plug: a median of 24.2 years across the 1 well that filed both dates, with the middle half between 24.2 years and 24.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-13535319	2	5,900 ft	Apr 1988	Jun 2012	Yes
42-13535320	3	5,910 ft	Mar 1987	—	Yes
42-13535276	1	5,920 ft	Feb 1987	—	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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	475	541	54.90	6.01	$29,331
Sep 2006	180	340	60.08	5.04	$12,527
Aug 2006	192	592	68.71	7.34	$17,538
Jul 2006	359	604	69.37	6.34	$28,735
Jun 2006	185	642	66.28	6.38	$16,360
May 2006	346	528	66.01	6.42	$26,232
Apr 2006	348	574	64.39	7.36	$26,633
Mar 2006	363	611	56.70	7.08	$24,910
Feb 2006	1	374	57.59	7.75	$2,957
Jan 2006	367	501	60.59	8.93	$26,712
Dec 2005	366	348	54.94	13.42	$24,777
Nov 2005	160	470	54.69	10.59	$13,727
Oct 2005	351	496	58.34	13.80	$27,320
Sep 2005	180	556	61.45	12.08	$17,777
Aug 2005	347	1,209	61.51	9.80	$33,188
Jul 2005	532	1,931	55.69	7.84	$44,773
Jun 2005	173	2,161	52.33	7.38	$25,004
May 2005	168	1,119	45.22	6.65	$15,040
Apr 2005	522	592	49.20	7.36	$30,040
Mar 2005	187	560	50.37	7.15	$13,426
Feb 2005	351	415	45.22	6.31	$18,492
Jan 2005	182	515	43.16	6.32	$11,111
Dec 2004	519	474	39.86	6.75	$23,887
Nov 2004	179	494	45.28	6.33	$11,232
Oct 2004	367	544	49.70	6.52	$21,784
Sep 2004	382	963	43.24	5.28	$21,606
Aug 2004	192	1,632	42.37	5.55	$17,194
Jul 2004	186	1,920	38.28	6.08	$18,802
Jun 2004	377	1,568	36.10	6.43	$23,697
May 2004	383	1,215	37.48	6.49	$22,246
Apr 2004	367	632	34.47	5.86	$16,353
Mar 2004	185	647	34.36	5.53	$9,935
Feb 2004	373	560	32.45	5.51	$15,189
Jan 2004	370	640	32.03	6.30	$15,883
Dec 2003	367	628	30.26	6.30	$15,063
Nov 2003	193	613	28.80	4.60	$8,375
Oct 2003	355	618	28.17	4.76	$12,942
Sep 2003	374	772	26.31	4.75	$13,506
Aug 2003	360	1,484	29.76	5.13	$18,326
Jul 2003	183	1,239	29.41	5.17	$11,789
Jun 2003	369	943	28.56	5.98	$16,181
May 2003	364	1,303	26.59	5.97	$17,461
Apr 2003	367	680	26.67	5.41	$13,465
Mar 2003	177	588	31.14	6.10	$9,096
Feb 2003	378	585	33.48	7.93	$17,292
Jan 2003	363	648	30.31	5.58	$14,620
Dec 2002	378	718	26.91	4.85	$13,657
Nov 2002	374	580	24.66	4.14	$11,622
Oct 2002	178	700	26.46	4.23	$7,670
Sep 2002	362	1,000	27.44	3.64	$13,568
Aug 2002	359	1,571	25.96	3.16	$14,291
Jul 2002	370	2,225	24.58	3.06	$15,907
Jun 2002	356	1,651	23.73	3.34	$13,959
May 2002	369	1,165	24.66	3.58	$13,275
Apr 2002	380	981	23.65	3.51	$12,433
Mar 2002	369	764	22.00	3.10	$10,488
Feb 2002	377	708	18.22	2.38	$8,551
Jan 2002	0	735	17.17	2.38	$1,746
Dec 2001	387	781	16.93	2.36	$8,399
Nov 2001	384	680	18.07	2.41	$8,575
Oct 2001	751	906	19.78	2.53	$17,146
Sep 2001	375	1,340	24.26	2.25	$12,114
Aug 2001	365	2,104	24.87	3.05	$15,501
Jul 2001	375	3,137	23.93	3.20	$19,003
Jun 2001	745	2,455	24.56	3.82	$27,686
May 2001	370	1,516	25.52	4.31	$15,972
Apr 2001	371	1,057	24.68	5.34	$14,796
Mar 2001	739	1,124	24.54	5.38	$24,178
Feb 2001	369	621	27.75	5.77	$13,821
Jan 2001	376	1,009	27.47	8.40	$18,803
Dec 2000	737	998	26.88	9.12	$28,915
Nov 2000	378	1,019	32.21	5.66	$17,941
Oct 2000	368	1,211	31.23	5.15	$17,724
Sep 2000	738	1,049	31.87	5.19	$28,961
Aug 2000	352	991	29.64	4.54	$14,933
Jul 2000	553	991	28.53	4.09	$19,830
Jun 2000	763	1,018	29.30	4.40	$26,832
May 2000	374	885	27.26	3.68	$13,452
Apr 2000	751	1,133	24.51	3.12	$21,937
Mar 2000	370	1,228	28.42	2.86	$14,027
Feb 2000	369	1,158	27.62	2.73	$13,349
Jan 2000	772	1,233	25.27	2.48	$22,567
Dec 1999	403	1,229	24.28	2.42	$12,764
Nov 1999	366	1,224	23.19	2.43	$11,467
Oct 1999	734	1,270	20.98	2.80	$18,960
Sep 1999	724	1,341	21.75	2.62	$19,259
Aug 1999	373	1,772	19.26	2.88	$12,280
Jul 1999	535	1,515	17.89	2.37	$13,165
Jun 1999	737	1,434	15.94	2.36	$15,135
May 1999	381	1,274	15.79	2.32	$8,973
Apr 1999	752	1,415	15.10	2.21	$14,480
Mar 1999	372	1,414	12.47	1.84	$7,238
Feb 1999	746	1,347	9.98	1.82	$9,894
Jan 1999	373	1,258	10.38	1.90	$6,262
Dec 1998	384	1,410	9.20	1.77	$6,033
Nov 1998	380	1,379	10.89	2.19	$7,152
Oct 1998	1,111	1,433	12.42	1.97	$16,621
Sep 1998	358	1,345	12.59	2.08	$7,308
Aug 1998	363	1,150	11.30	1.91	$6,295
Jul 1998	742	1,546	11.74	2.24	$12,170
Jun 1998	747	1,528	11.24	2.24	$11,815
May 1998	346	1,569	12.62	2.21	$7,828
Apr 1998	775	1,388	13.04	2.51	$13,583
Mar 1998	385	1,382	12.80	2.31	$8,120
Feb 1998	384	1,312	13.95	2.30	$8,373
Jan 1998	738	1,496	14.70	2.15	$14,072
Dec 1997	372	1,565	16.32	2.41	$9,844
Nov 1997	756	1,562	18.19	3.09	$18,576
Oct 1997	388	1,367	19.25	3.15	$11,775
Sep 1997	765	1,575	17.74	2.95	$18,225
Aug 1997	760	1,626	17.86	2.55	$17,728
Jul 1997	761	1,608	17.58	2.25	$16,991
Jun 1997	755	1,621	17.24	2.26	$16,675
May 1997	375	1,657	18.97	2.31	$10,939
Apr 1997	782	1,477	17.88	2.08	$17,058
Mar 1997	744	1,597	18.95	1.94	$17,196
Feb 1997	403	1,456	20.49	2.21	$11,469
Jan 1997	1,142	1,765	23.48	3.54	$33,062
Dec 1996	384	1,538	23.32	—	$8,955
Nov 1996	759	1,697	21.97	—	$16,675
Oct 1996	782	1,784	23.31	—	$18,228
Sep 1996	760	2,386	22.22	—	$16,887
Aug 1996	370	1,736	20.26	—	$7,496
Jul 1996	744	1,562	19.55	—	$14,545
Jun 1996	759	1,410	18.73	—	$14,216
May 1996	761	1,546	19.43	—	$14,786
Apr 1996	751	1,638	21.51	—	$16,154
Mar 1996	750	1,717	19.38	—	$14,535
Feb 1996	725	1,686	16.98	—	$12,311
Jan 1996	1,136	2,003	17.07	—	$19,392
Dec 1995	389	1,772	17.19	—	$6,687
Nov 1995	749	1,746	16.00	—	$11,984
Oct 1995	1,129	1,095	15.43	—	$17,420
Sep 1995	382	1,132	16.18	—	$6,181
Aug 1995	1,107	1,517	15.92	—	$17,623
Jul 1995	758	809	15.24	—	$11,552
Jun 1995	374	1,305	16.41	—	$6,137
May 1995	749	2,043	17.56	—	$13,152
Apr 1995	736	1,946	17.73	—	$13,049
Mar 1995	379	1,863	16.44	—	$6,231
Feb 1995	374	1,022	16.58	—	$6,201
Jan 1995	754	1,470	15.92	—	$12,004
Dec 1994	1,141	1,637	15.03	—	$17,149
Nov 1994	773	1,723	15.90	—	$12,291
Oct 1994	785	2,204	15.58	—	$12,230
Sep 1994	731	1,959	15.29	—	$11,177
Aug 1994	1,099	2,348	16.13	—	$17,727
Jul 1994	748	2,086	17.56	—	$13,135
Jun 1994	765	1,955	17.09	—	$13,074
May 1994	387	1,885	15.88	—	$6,146
Apr 1994	1,143	2,791	14.14	—	$16,162
Mar 1994	758	3,085	12.46	—	$9,445
Feb 1994	756	2,381	12.50	—	$9,450
Jan 1994	761	2,521	12.66	—	$9,634
Dec 1993	1,158	2,833	12.33	—	$14,278
Nov 1993	764	2,349	14.49	—	$11,070
Oct 1993	753	2,260	15.85	—	$11,935
Sep 1993	765	2,211	15.03	—	$11,498
Aug 1993	749	3,658	15.66	—	$11,729
Jul 1993	1,112	3,400	15.46	—	$17,192
Jun 1993	1,088	3,668	16.79	—	$18,268
May 1993	1,104	2,546	17.68	—	$19,519
Apr 1993	369	3,398	18.05	—	$6,660
Mar 1993	1,119	2,895	18.14	—	$20,299
Feb 1993	1,114	2,445	17.90	—	$19,941
Jan 1993	736	2,663	16.93	—	$12,460

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 2006 — as filed, then multipliedworked

Oil                  475 bbl  × $ 54.90 =    $26,078
Casinghead gas       541 Mcf  × $  6.01 =     $3,253

────────────────────────────────────────────────────
Month total                                  $29,331

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/30732 is the state's own key, not one this site invented.