GAGE

Name: GAGE lease production and value, Dec 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) 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 180519District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$746 k

Dec 2000 – May 2018

Value, last 12 filed months

at the published price for each month

Months reported

210

no gaps in the span

Streams

condensate, gas

The NEWARK, EAST (BARNETT SHALE) 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 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”

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
High Cost Gas	1	1	2001-03-19	143103
NGPA	1	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
Condensate	Disposition	1,634 bbl	$41,991
Gas	Production	127,089 Mcf	$703,773
Total			$745,765

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 33.3255, -97.4080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32555, -97.40799 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,834 ft

1 wells filed one

Completion to plug

14.8 years

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 8,834 ft.

Completions filed

Dec 2000

1 of 1 wells

Plug dates filed

Sep 2015

1 of 1 wells

Last completion to plug: a median of 14.8 years across the 1 well that filed both dates, with the middle half between 14.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49734558	2	8,834 ft	Dec 2000	Sep 2015	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 (210)

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

210 months


May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	97	91.60	3.42	$332
Dec 2012	0	92	86.77	3.42	$315
Nov 2012	0	92	86.95	3.62	$334
Oct 2012	0	93	89.38	3.40	$316
Sep 2012	0	89	94.67	2.92	$260
Aug 2012	0	89	92.66	2.91	$259
Jul 2012	0	86	85.13	3.02	$260
Jun 2012	0	81	79.82	2.52	$204
May 2012	0	78	91.61	2.49	$194
Apr 2012	0	72	101.65	2.00	$144
Mar 2012	0	73	105.05	2.22	$162
Feb 2012	0	150	101.10	2.57	$386
Jan 2012	0	196	98.09	2.73	$536
Dec 2011	0	175	96.87	3.24	$567
Nov 2011	0	167	95.72	3.31	$553
Oct 2011	0	173	84.98	3.65	$631
Sep 2011	0	168	83.62	3.99	$670
Aug 2011	0	173	83.40	4.15	$718
Jul 2011	0	286	94.14	4.52	$1,292
Jun 2011	0	20	92.90	4.64	$93
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	64	78.10	3.51	$225
Sep 2010	0	23	72.63	3.98	$92
Aug 2010	0	231	73.68	4.42	$1,021
Jul 2010	0	358	72.55	4.74	$1,696
Jun 2010	0	350	70.36	4.91	$1,719
May 2010	0	370	71.12	4.24	$1,567
Apr 2010	0	364	81.69	4.12	$1,501
Mar 2010	0	380	78.39	4.39	$1,668
Feb 2010	0	339	73.58	5.44	$1,845
Jan 2010	0	373	74.36	5.96	$2,225
Dec 2009	0	375	71.44	5.48	$2,056
Nov 2009	0	353	74.59	3.75	$1,324
Oct 2009	0	367	72.54	4.11	$1,508
Sep 2009	0	319	65.54	3.06	$978
Aug 2009	0	311	67.42	3.22	$1,001
Jul 2009	0	317	61.13	3.46	$1,098
Jun 2009	0	345	66.16	3.90	$1,344
May 2009	0	365	54.74	3.93	$1,433
Apr 2009	0	353	46.77	3.59	$1,266
Mar 2009	0	358	42.14	4.06	$1,453
Feb 2009	0	322	32.81	4.63	$1,492
Jan 2009	0	348	35.86	5.37	$1,869
Dec 2008	0	350	37.10	5.98	$2,092
Nov 2008	0	356	55.49	6.86	$2,442
Oct 2008	0	388	75.24	6.92	$2,686
Sep 2008	0	227	101.76	7.88	$1,788
Aug 2008	0	343	114.22	8.48	$2,910
Jul 2008	0	346	131.08	11.39	$3,941
Jun 2008	0	340	131.33	13.03	$4,431
May 2008	0	379	123.17	11.57	$4,387
Apr 2008	0	358	110.31	10.45	$3,743
Mar 2008	0	293	101.90	9.66	$2,832
Feb 2008	0	259	92.53	8.77	$2,272
Jan 2008	0	143	90.38	8.21	$1,173
Dec 2007	0	274	88.33	7.30	$2,001
Nov 2007	0	349	91.67	7.29	$2,545
Oct 2007	0	266	82.85	6.92	$1,841
Sep 2007	0	180	75.84	6.24	$1,124
Aug 2007	0	143	69.06	6.39	$913
Jul 2007	0	143	70.90	6.39	$913
Jun 2007	0	154	62.00	7.55	$1,162
May 2007	0	143	58.74	7.85	$1,122
Apr 2007	0	138	59.61	7.81	$1,077
Mar 2007	0	143	56.92	7.30	$1,044
Feb 2007	0	129	55.10	8.22	$1,060
Jan 2007	0	143	50.30	6.73	$962
Dec 2006	0	150	56.65	6.92	$1,038
Nov 2006	0	167	54.20	7.62	$1,272
Oct 2006	0	266	54.90	6.01	$1,600
Sep 2006	0	261	60.08	5.04	$1,315
Aug 2006	0	278	68.71	7.34	$2,041
Jul 2006	0	279	69.37	6.34	$1,770
Jun 2006	0	249	66.28	6.38	$1,590
May 2006	0	312	66.01	6.42	$2,005
Apr 2006	0	315	64.39	7.36	$2,319
Mar 2006	0	307	56.70	7.08	$2,174
Feb 2006	0	298	57.59	7.75	$2,310
Jan 2006	0	339	60.59	8.93	$3,028
Dec 2005	0	353	54.94	13.42	$4,736
Nov 2005	0	360	54.69	10.59	$3,812
Oct 2005	0	424	58.34	13.80	$5,849
Sep 2005	0	422	61.45	12.08	$5,097
Aug 2005	0	451	61.51	9.80	$4,418
Jul 2005	0	477	55.69	7.84	$3,741
Jun 2005	0	488	52.33	7.38	$3,602
May 2005	0	535	45.22	6.65	$3,558
Apr 2005	0	553	49.20	7.36	$4,070
Mar 2005	0	603	50.37	7.15	$4,314
Feb 2005	0	575	45.22	6.31	$3,629
Jan 2005	0	686	43.16	6.32	$4,337
Dec 2004	0	758	39.86	6.75	$5,117
Nov 2004	0	924	45.28	6.33	$5,849
Oct 2004	0	1,251	49.70	6.52	$8,150
Sep 2004	0	1,303	43.24	5.28	$6,885
Aug 2004	0	1,406	42.37	5.55	$7,804
Jul 2004	0	1,432	38.28	6.08	$8,713
Jun 2004	0	1,389	36.10	6.43	$8,935
May 2004	0	1,519	37.48	6.49	$9,865
Apr 2004	0	1,701	34.47	5.86	$9,965
Mar 2004	0	888	34.36	5.53	$4,911
Feb 2004	0	582	32.45	5.51	$3,207
Jan 2004	0	758	32.03	6.30	$4,775
Dec 2003	0	1,311	30.26	6.30	$8,261
Nov 2003	0	1,651	28.80	4.60	$7,587
Oct 2003	0	1,658	28.17	4.76	$7,891
Sep 2003	0	1,717	26.31	4.75	$8,155
Aug 2003	160	2,038	29.76	5.13	$15,216
Jul 2003	3	1,815	29.41	5.17	$9,473
Jun 2003	1	956	28.56	5.98	$5,748
May 2003	0	1,144	26.59	5.97	$6,833
Apr 2003	1	1,621	26.67	5.41	$8,792
Mar 2003	2	1,800	31.14	6.10	$11,035
Feb 2003	4	1,706	33.48	7.93	$13,655
Jan 2003	0	1,983	30.31	5.58	$11,069
Dec 2002	2	2,456	26.91	4.85	$11,975
Nov 2002	3	1,771	24.66	4.14	$7,401
Oct 2002	2	1,799	26.46	4.23	$7,661
Sep 2002	2	2,047	27.44	3.64	$7,496
Aug 2002	2	2,619	25.96	3.16	$8,339
Jul 2002	3	2,928	24.58	3.06	$9,039
Jun 2002	3	3,554	23.73	3.34	$11,935
May 2002	4	2,038	24.66	3.58	$7,403
Apr 2002	83	401	23.65	3.51	$3,371
Mar 2002	1	1,044	22.00	3.10	$3,261
Feb 2002	2	1,276	18.22	2.38	$3,068
Jan 2002	2	2,011	17.17	2.38	$4,812
Dec 2001	4	2,447	16.93	2.36	$5,853
Nov 2001	150	457	18.07	2.41	$3,810
Oct 2001	0	665	19.78	2.53	$1,682
Sep 2001	0	541	24.26	2.25	$1,218
Aug 2001	1	2,419	24.87	3.05	$7,410
Jul 2001	4	4,088	23.93	3.20	$13,165
Jun 2001	1	3,023	24.56	3.82	$11,585
May 2001	149	4,094	25.52	4.31	$21,437
Apr 2001	308	3,492	24.68	5.34	$26,232
Mar 2001	4	3,499	24.54	5.38	$18,910
Feb 2001	0	4,351	27.75	5.77	$25,093
Jan 2001	296	6,254	27.47	8.40	$60,657
Dec 2000	437	9,934	26.88	9.12	$102,369

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.

Jan 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 91.60 =         $0
Gas                   97 Mcf  × $  3.42 =       $332

────────────────────────────────────────────────────
Month total                                     $332

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/180519 is the state's own key, not one this site invented.