GILBERT

Operated by BEST PETROLEUM EXPLORATIONS,INC. (P-5 68287) in the MONTEATH (ATOKA, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 207446District 09Field 625801002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Jan 2005 – Sep 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
189
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 32 leases and 32 wells, and the rule below applies to all of them.

Discovered
1980-08-22
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2005.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-07-10192878
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition1 bbl$71
GasProduction810,217 Mcf$5,954,916
Total$5,954,987

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 33.0262, -97.3720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02618, -97.37200 · 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
6,326 ft
1 wells filed one
Completion to plug
15.7 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 6,326 ft.

Completions filed
Jan 2005
1 of 1 wells
Plug dates filed
Sep 2020
1 of 1 wells

Last completion to plug: a median of 15.7 years across the 1 well that filed both dates, with the middle half between 15.7 years and 15.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213245516,326 ftJan 2005Sep 2020Yes

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 (189)

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

189 months

Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015016540.162.87$474
Jul 2015017248.152.95$507
Jun 2015026656.152.88$767
May 2015021855.212.96$644
Apr 2015017449.822.71$471
Mar 2015016342.892.93$478
Feb 2015020244.662.98$601
Jan 2015027343.433.10$846
Dec 2014022554.693.59$808
Nov 2014026670.464.25$1,131
Oct 2014019078.303.90$741
Sep 2014016486.164.05$663
Aug 2014022089.394.04$888
Jul 2014025896.564.18$1,078
Jun 2014034498.164.74$1,629
May 2014028794.734.73$1,357
Apr 2014033995.944.81$1,630
Mar 2014051895.895.06$2,619
Feb 2014073597.406.19$4,551
Jan 2014059590.404.86$2,892
Dec 2013075591.824.35$3,288
Nov 2013083488.853.74$3,118
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201201,16679.822.52$2,937
May 201201,38591.612.49$3,446
Apr 201201,482101.652.00$2,959
Mar 201201,625105.052.22$3,611
Feb 201201,526101.102.57$3,922
Jan 201201,68198.092.73$4,596
Dec 201101,76896.873.24$5,728
Nov 201101,65495.723.31$5,477
Oct 201101,88784.983.65$6,885
Sep 201101,81783.623.99$7,242
Aug 201101,96783.404.15$8,162
Jul 201101,67594.144.52$7,566
Jun 201101,69692.904.64$7,869
May 201101,68998.134.40$7,440
Apr 201101,318105.964.33$5,711
Mar 201101,71096.364.06$6,938
Feb 201101,36285.644.18$5,693
Jan 201101,79286.504.59$8,223
Dec 201001,94985.734.35$8,474
Nov 201001,86180.843.80$7,063
Oct 201001,94378.103.51$6,818
Sep 201001,82672.633.98$7,267
Aug 201002,04673.684.42$9,042
Jul 201001,98672.554.74$9,407
Jun 201002,22370.364.91$10,916
May 201002,37171.124.24$10,042
Apr 201002,12581.694.12$8,761
Mar 201002,15178.394.39$9,440
Feb 201002,01473.585.44$10,961
Jan 201002,39174.365.96$14,260
Dec 200912,42471.445.48$13,364
Nov 200902,49074.593.75$9,341
Oct 200902,73272.544.11$11,229
Sep 200902,59365.543.06$7,947
Aug 200903,27167.423.22$10,528
Jul 200902,97961.133.46$10,321
Jun 200902,94166.163.90$11,455
May 200903,26354.743.93$12,810
Apr 200903,48046.773.59$12,485
Mar 200903,64342.144.06$14,787
Feb 200903,18632.814.63$14,761
Jan 200903,46335.865.37$18,600
Dec 200803,20837.105.98$19,175
Nov 200803,31455.496.86$22,735
Oct 200803,64375.246.92$25,217
Sep 200803,250101.767.88$25,601
Aug 200802,014114.228.48$17,085
Jul 200803,072131.0811.39$34,988
Jun 200802,918131.3313.03$38,029
May 200803,165123.1711.57$36,633
Apr 200802,875110.3110.45$30,058
Mar 200804,140101.909.66$40,009
Feb 200804,09592.538.77$35,916
Jan 200804,38390.388.21$35,966
Dec 200704,56588.337.30$33,333
Nov 200702,90391.677.29$21,168
Oct 200702,30782.856.92$15,969
Sep 200703,17675.846.24$19,831
Aug 200703,17269.066.39$20,263
Jul 200704,11170.906.39$26,261
Jun 200704,56162.007.55$34,428
May 200704,97358.747.85$39,020
Apr 200705,73059.617.81$44,724
Mar 200705,03856.927.30$36,787
Feb 200705,47455.108.22$44,974
Jan 200706,05950.306.73$40,758
Dec 200605,74956.656.92$39,774
Nov 200606,25454.207.62$47,640
Oct 200609,49954.906.01$57,125
Sep 200609,52460.085.04$47,974
Aug 200608,12568.717.34$59,637
Jul 200609,78469.376.34$62,058
Jun 2006015,82966.286.38$101,050
May 2006019,73766.016.42$126,810
Apr 2006013,94764.397.36$102,657
Mar 2006015,73856.707.08$111,471
Feb 2006014,09157.597.75$109,221
Jan 2006019,32060.598.93$172,592
Dec 2005018,87254.9413.42$253,175
Nov 2005025,65154.6910.59$271,603
Oct 2005026,56658.3413.80$366,498
Sep 200508,23161.4512.08$99,422
Aug 2005029,98761.519.80$293,778
Jul 2005032,08755.697.84$251,679
Jun 2005036,25552.337.38$267,600
May 2005040,61645.226.65$270,144
Apr 2005049,04149.207.36$360,965
Mar 2005060,67850.377.15$434,144
Feb 2005064,14245.226.31$404,859
Jan 2005080,43443.166.32$508,520

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.

Aug 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 40.16 =         $0
Gas                  165 Mcf  × $  2.87 =       $474

────────────────────────────────────────────────────
Month total                                     $474

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/207446 is the state's own key, not one this site invented.