GOLLADAY

Operated by LANGFORD & BRIGHAM OPERATING LLC (P-5 102718) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50903District 08Field 85280300OilCasinghead gasSave
Value, all time
$161.8 M
Oct 2018 – May 2026
Value, last 12 filed months
$8.1 M
at the published price for each month
Months reported
92
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,324,613 bbl$137,325,269
Casinghead gasProduction7,040,234 Mcf$24,487,649
Total$161,812,919

Wells on this lease (8)

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 31.9633, -101.9286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.96332, -101.92840 · 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
0.0%
0 of 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
9,406 ft
8 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
8100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 9,406 ft, with the middle half between 9,382 and 9,425 ft; the shallowest is 9,363 ft and the deepest 9,453 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s
20s

Last completion by decade, 8 of 8 wells, Oct 2018 – Jan 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 2018 – Jan 2020
8 of 8 wells

8 wells

42-329436577HB9,411 ftJan 2020
42-329436588HB9,374 ftJan 2020
42-329429075HB9,419 ftFeb 2019
42-329429086HB9,363 ftFeb 2019
42-329424953HB9,400 ftDec 2018
42-329424964HB9,384 ftDec 2018
42-329424941HB9,453 ftOct 2018
42-329424982HB9,443 ftOct 2018

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 (92)

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

92 months

May 20266,97537,469106.413.05$856,334
Apr 20267,24534,25698.932.87$815,053
Mar 20268,19134,82589.753.15$844,822
Feb 20266,83129,16163.503.75$543,132
Jan 20266,61129,67659.138.00$628,255
Dec 20257,62134,06756.664.41$582,156
Nov 20258,28537,32058.593.93$631,953
Oct 20258,20539,09759.383.30$616,422
Sep 20257,84237,42562.743.08$607,161
Aug 20258,23038,55463.933.01$642,375
Jul 20257,70939,11866.743.32$644,183
Jun 20258,38144,51066.483.13$696,428
May 20258,67947,32160.553.23$678,470
Apr 20258,92849,21262.363.54$731,114
Mar 202510,04152,20967.704.27$902,620
Feb 20258,74343,80770.884.34$809,863
Jan 20259,96845,08874.324.28$933,739
Dec 20249,85448,59968.993.12$831,523
Nov 20249,80949,09569.052.20$785,244
Oct 20248,76145,06871.372.28$728,091
Sep 20249,00736,56069.612.36$713,418
Aug 20248,62849,28675.632.06$754,244
Jul 202410,92854,23879.932.15$989,902
Jun 202410,27455,96478.082.63$949,602
May 202410,34149,37478.812.20$923,520
Apr 202410,80455,22984.451.66$1,004,034
Mar 202412,14656,83880.301.55$1,063,146
Feb 202410,53446,31676.091.78$884,143
Jan 202410,63849,93773.023.30$941,462
Dec 202312,31661,84971.262.61$1,039,109
Nov 202311,37161,91077.892.81$1,059,503
Oct 202312,29166,69285.443.09$1,256,040
Sep 202311,85867,97889.042.74$1,241,759
Aug 202312,90576,94280.522.67$1,244,767
Jul 202313,98484,74774.852.64$1,270,587
Jun 202313,36176,61768.962.26$1,094,413
May 202313,62472,48270.622.23$1,123,573
Apr 202313,61175,96178.122.24$1,233,274
Mar 202316,04277,32772.852.39$1,353,716
Feb 202312,77461,27575.112.47$1,110,540
Jan 202315,01674,43876.533.39$1,401,350
Dec 202214,81770,69476.415.73$1,537,179
Nov 202214,87676,58885.005.65$1,696,891
Oct 202216,77888,16687.185.86$1,979,690
Sep 202215,57384,57084.888.16$2,012,239
Aug 202216,68787,65994.529.13$2,377,333
Jul 202216,66386,674101.587.54$2,346,330
Jun 202216,29378,942115.097.98$2,504,897
May 202217,14088,027109.378.43$2,616,937
Apr 202218,989101,271104.226.84$2,671,484
Mar 202218,85386,625108.885.08$2,492,458
Feb 202217,30984,35891.054.86$1,985,866
Jan 202219,82696,49381.844.54$2,060,414
Dec 202121,349112,64471.323.90$1,961,823
Nov 202121,47093,83877.435.24$2,153,838
Oct 202121,19797,29079.795.71$2,247,211
Sep 202122,387100,52069.865.35$2,101,830
Aug 202124,048111,34466.024.22$2,057,586
Jul 202124,445112,98870.783.98$2,180,144
Jun 202123,777104,56169.493.38$2,005,745
May 202126,099129,44963.483.02$2,047,399
Apr 202128,507137,22860.362.76$2,099,215
Mar 202130,918131,36561.302.72$2,252,184
Feb 202124,16784,67757.805.55$1,866,636
Jan 202130,692117,68650.412.81$1,877,913
Dec 202032,467148,95644.642.68$1,847,853
Nov 202035,782162,28738.772.71$1,826,509
Oct 202039,855144,06336.972.48$1,830,489
Sep 202037,284113,67037.091.99$1,609,185
Aug 202043,866145,09739.982.39$2,099,834
Jul 202047,745128,46838.371.83$2,066,445
Jun 202052,627114,15134.901.69$2,029,633
May 202038,27643,31516.921.81$726,236
Apr 202052,61987,35414.751.80$933,750
Mar 202058,55087,97030.341.86$1,939,700
Feb 202056,74859,20049.881.98$2,947,846
Jan 202032,50452,85657.252.09$1,971,574
Dec 201935,716108,31759.012.30$2,357,203
Nov 201943,799106,77955.302.75$2,715,802
Oct 201945,407104,99953.472.42$2,681,857
Sep 201950,147107,52355.052.66$3,046,311
Aug 201954,695101,26053.112.30$3,138,191
Jul 201961,52697,39556.272.46$3,701,666
Jun 201966,060101,86252.782.49$3,740,405
May 201975,16897,75958.482.74$4,663,716
Apr 201996,331102,47362.632.75$6,315,083
Mar 2019121,500119,28756.803.06$7,266,469
Feb 201956,90351,34850.852.79$3,036,892
Jan 201961,82259,27846.033.23$3,037,027
Dec 201846,91946,88446.594.19$2,382,186
Nov 201819,81419,46452.934.24$1,131,229
Oct 201838,26136,72561.443.40$2,475,550

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.

May 2026 — as filed, then multipliedworked
Oil                6,975 bbl  × $106.41 =   $742,210
Casinghead gas    37,469 Mcf  × $  3.05 =   $114,125

────────────────────────────────────────────────────
Month total                                 $856,334

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/50903 is the state's own key, not one this site invented.