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MILAGRO-STATE

Operated by GORDY OIL COMPANY (P-5 317150) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 53423District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.2 M
Aug 2019 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
oil, casinghead gas

The WOLFBONE (TREND AREA) 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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
as the register files it
Field class
Oil and gas
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 40 acres. The field rule took effect on 2015-04-08.

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: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition285,888 bbl$18,421,972
Casinghead gasProduction212,834 Mcf$731,170
Total$19,153,142

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 30.9322, -102.7702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.93221, -102.77016 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,716 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
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.
1100.0%

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 8,716 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-371398121H8,716 ftAug 2019——

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 (82)

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

82 months

May 20268841,429106.413.05$98,419
Apr 20261,0811,70398.932.87$111,830
Mar 20261,3631,19989.753.15$126,105
Feb 202672935963.503.75$47,638
Jan 20261,01795459.138.00$67,765
Dec 20251,53379656.664.41$90,373
Nov 20252,2661,56658.593.93$138,914
Oct 20251,0383,48459.383.30$73,151
Sep 20255861,90362.743.08$42,621
Aug 20251,2292,71563.933.01$86,755
Jul 20251,0242,60666.743.32$76,981
Jun 20259812,61266.483.13$73,389
May 20251,2922,28160.553.23$85,604
Apr 20251,6741,96562.363.54$111,353
Mar 20253,5911,19067.704.27$248,190
Feb 20251,1401,52670.884.34$87,427
Jan 20251,2942,46974.324.28$106,734
Dec 20241,4522,71868.993.12$108,657
Nov 20241,1202,47669.052.20$82,779
Oct 20241,7102,79571.372.28$128,419
Sep 20241,5253,07669.612.36$113,428
Aug 20241,2522,52275.632.06$99,893
Jul 20242,8713,47279.932.15$236,932
Jun 20241,4372,33978.082.63$118,362
May 20242,3392,36778.812.20$189,540
Apr 20241,6573,38384.451.66$145,547
Mar 20243,1181,57680.301.55$252,811
Feb 20242,6651,35676.091.78$205,198
Jan 20242,1141,17073.023.30$158,223
Dec 20233,3631,56771.262.61$243,738
Nov 20233,5712,21777.892.81$284,370
Oct 20232,9554,33285.443.09$265,849
Sep 20233,9992,71589.042.74$363,497
Aug 20233,0731,34080.522.67$251,020
Jul 20233,61793074.852.64$273,189
Jun 202385748168.962.26$60,185
May 20232,39093070.622.23$170,853
Apr 20233,51590078.122.24$276,606
Mar 20234,48193172.852.39$328,669
Feb 20234,0691,96075.112.47$310,455
Jan 20233,7492,22476.533.39$294,445
Dec 20223,3283,08076.415.73$271,938
Nov 20223,2012,28285.005.65$284,970
Oct 20222,8952,17087.185.86$265,110
Sep 20223,3263,79584.888.16$313,292
Aug 20222,8152,62894.529.13$290,060
Jul 20221,6091,960101.587.54$178,225
Jun 20222,4113,848115.097.98$308,178
May 20223,3151,850109.378.43$378,163
Apr 20223,4822,004104.226.84$376,597
Mar 20224,0931,948108.885.08$455,535
Feb 20223,4851,61391.054.86$325,147
Jan 20223,2002,44181.844.54$272,964
Dec 20213,5442,80871.323.90$263,707
Nov 20213,5603,22577.435.24$292,540
Oct 20214,1891,51979.795.71$342,920
Sep 20213,9833,80269.865.35$298,597
Aug 20212,8752,65766.024.22$201,022
Jul 20214,0223,02270.783.98$296,711
Jun 20214,1923,10969.493.38$301,812
May 20214,4014,25363.483.02$292,210
Apr 20214,2334,03960.362.76$266,645
Mar 20214,8414,40261.302.72$308,713
Feb 20213,5622,79257.805.55$221,373
Jan 20215,2402,25450.412.81$270,483
Dec 20204,6812,25444.642.68$214,990
Nov 20205,1934,50038.772.71$213,512
Oct 20205,0574,03636.972.48$196,960
Sep 20206,0083,77637.091.99$230,355
Aug 20203,0183,12339.982.39$128,108
Jul 202010,3264,05738.371.83$403,613
Jun 20208681,92234.901.69$33,542
May 2020028516.921.81$517
Apr 20206,6963,90514.751.80$105,812
Mar 20207,2953,87530.341.86$228,523
Feb 20205,0964,01149.881.98$262,133
Jan 20208,8504,55557.252.09$516,204
Dec 20199,2884,86259.012.30$559,289
Nov 201910,3264,24555.302.75$582,705
Oct 201912,8735,50653.472.42$701,636
Sep 201917,4876,97455.052.66$981,191
Aug 20191,4032,91353.112.30$81,226

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                  884 bbl  × $106.41 =    $94,066
Casinghead gas     1,429 Mcf  × $  3.05 =     $4,353

────────────────────────────────────────────────────
Month total                                  $98,419

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/53423 is the state's own key, not one this site invented.