GIBBS "A"

Operated by J-W OPERATING CO. (P-5 427960) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 132049District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – Feb 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

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
CondensateDisposition28 bbl$768
GasProduction315,392 Mcf$1,664,144
Total$1,664,912

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 33.0691, -97.2558. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06908, -97.25578 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,750 ft
1 wells filed one
Completion to plug
5 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,750 ft.

Completions filed
Feb 2012
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 5 months across the 1 well that filed both dates, with the middle half between 5 months and 5 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-121304991 T8,750 ftFeb 2012Jul 2012Yes

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 (230)

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

230 months

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 20110086.504.59$0
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 20100070.364.91$0
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 200901374.593.75$49
Oct 2009010072.544.11$411
Sep 200903,70965.543.06$11,367
Aug 2009049367.423.22$1,587
Jul 200901,05061.133.46$3,638
Jun 200902066.163.90$78
May 2009087454.743.93$3,431
Apr 2009015146.773.59$542
Mar 200906742.144.06$272
Feb 200908932.814.63$412
Jan 200903335.865.37$177
Dec 20080037.105.98$0
Nov 200803355.496.86$226
Oct 200809575.246.92$658
Sep 20080105101.767.88$827
Aug 20080107114.228.48$908
Jul 2008091131.0811.39$1,036
Jun 2008086131.3313.03$1,121
May 2008079123.1711.57$914
Apr 2008090110.3110.45$941
Mar 2008058101.909.66$561
Feb 200802992.538.77$254
Jan 200809290.388.21$755
Dec 2007012188.337.30$884
Nov 2007010591.677.29$766
Oct 200708782.856.92$602
Sep 2007014275.846.24$887
Aug 2007013869.066.39$882
Jul 2007044270.906.39$2,823
Jun 20070162.007.55$8
May 2007056058.747.85$4,394
Apr 200701,29859.617.81$10,131
Mar 200701,56656.927.30$11,435
Feb 200701,27655.108.22$10,484
Jan 200701,58550.306.73$10,662
Dec 200601,91056.656.92$13,214
Nov 200602,04754.207.62$15,593
Oct 200602,40754.906.01$14,475
Sep 200602,49160.085.04$12,548
Aug 200601,13868.717.34$8,353
Jul 200603,10069.376.34$19,663
Jun 200604,29166.286.38$27,393
May 200606,75666.016.42$43,407
Apr 200606,80064.397.36$50,051
Mar 200604,20456.707.08$29,777
Feb 200601,63257.597.75$12,650
Jan 2006071360.598.93$6,369
Dec 2005074254.9413.42$9,954
Nov 200501,02554.6910.59$10,853
Oct 2005085858.3413.80$11,837
Sep 200503,05061.4512.08$36,841
Aug 200501,21561.519.80$11,903
Jul 200501,19555.697.84$9,373
Jun 200501,39552.337.38$10,297
May 200505,26245.226.65$34,998
Apr 200502,18949.207.36$16,112
Mar 200501,82150.377.15$13,029
Feb 200501,46545.226.31$9,247
Jan 200501,37943.166.32$8,718
Dec 200401,94539.866.75$13,131
Nov 200401,76445.286.33$11,167
Oct 2004073349.706.52$4,776
Sep 2004090243.245.28$4,766
Aug 200401,04142.375.55$5,778
Jul 200401,24338.286.08$7,563
Jun 200401,50736.106.43$9,695
May 200402,58337.486.49$16,776
Apr 200401,01134.475.86$5,923
Mar 200403,03634.365.53$16,790
Feb 200401,84432.455.51$10,160
Jan 200401,32932.036.30$8,372
Dec 200302,16230.266.30$13,624
Nov 200302,63628.804.60$12,113
Oct 200302,99228.174.76$14,241
Sep 200302,51726.314.75$11,954
Aug 200303,22729.765.13$16,554
Jul 200301,96829.415.17$10,176
Jun 200303,23428.565.98$19,349
May 200303,30626.595.97$19,746
Apr 200301,53226.675.41$8,284
Mar 200302,25731.146.10$13,759
Feb 200302,34533.487.93$18,586
Jan 200302,99530.315.58$16,718
Dec 200203,22426.914.85$15,649
Nov 200202,83424.664.14$11,724
Oct 200203,83026.464.23$16,198
Sep 200202,79827.443.64$10,171
Aug 200203,62925.963.16$11,483
Jul 200203,86124.583.06$11,821
Jun 200204,23123.733.34$14,124
May 200203,68024.663.58$13,189
Apr 200203,84123.653.51$13,491
Mar 200204,47222.003.10$13,875
Feb 200204,08318.222.38$9,700
Jan 200204,61517.172.38$10,964
Dec 200105,15416.932.36$12,186
Nov 200106,35918.072.41$15,297
Oct 200105,75819.782.53$14,561
Sep 200126,66624.262.25$15,056
Aug 200116,18424.873.05$18,906
Jul 200115,48623.933.20$17,563
Jun 200105,34324.563.82$20,432
May 200127,91525.524.31$34,143
Apr 200108,43024.685.34$44,977
Mar 200109,02824.545.38$48,539
Feb 200109,09427.755.77$52,446
Jan 2001411,00727.478.40$92,555
Dec 20001212,84126.889.12$117,465
Nov 2000014,30032.215.66$80,909
Oct 2000613,72931.235.15$70,830
Sep 2000024331.875.19$1,260
Aug 2000017729.644.54$804
Jul 2000020428.534.09$834
Jun 2000013729.304.40$602
May 2000031527.263.68$1,159
Apr 2000028024.513.12$872
Mar 2000023728.422.86$678
Feb 200009627.622.73$262
Jan 20000025.272.48$0
Dec 1999026724.282.42$647
Nov 1999030823.192.43$750
Oct 1999012920.982.80$362
Sep 1999010421.752.62$272
Aug 1999025619.262.88$736
Jul 1999025517.892.37$605
Jun 1999030515.942.36$720
May 1999029415.792.32$682
Apr 1999030715.102.21$678
Mar 1999029012.471.84$533
Feb 19990719.981.82$129
Jan 1999028810.381.90$547
Dec 199806009.201.77$1,064
Nov 1998050610.892.19$1,106
Oct 1998071812.421.97$1,414
Sep 1998034612.592.08$721
Aug 1998095911.301.91$1,829
Jul 199802,03911.742.24$4,562
Jun 199801,72011.242.24$3,848
May 199802,53812.622.21$5,600
Apr 199805,03213.042.51$12,607
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Nov 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.59 =         $0
Gas                   13 Mcf  × $  3.75 =        $49

────────────────────────────────────────────────────
Month total                                      $49

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. 09/G/132049 is the state's own key, not one this site invented.