MineralRecord
Log inSign up

GORDON

Operated by TB PETROLEUM, LLC (P-5 840287) in the HEARD (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 283812District 09Field 40014333CondensateGasSaveExport
Value, all time
$60 k
Jul 2017 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
107
no gaps in the span
Streams
2
condensate, gas

The HEARD (CADDO) 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 3 leases and 5 wells, and the rule below applies to all of them.

Discovered
1951-08-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “NET GAS OIL RATIO FOR GAS RETURNED TO RESERVOIR”

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
CondensateDisposition87 bbl$8,430
GasProduction14,530 Mcf$51,280
Total$59,710

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 33.5429, -98.1656. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.54295, -98.16563 · 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
6,153 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 6,153 ft.

Completions filed
Aug 2004
1 of 1 wells

1 well

42-0773487846,153 ftAug 2004——

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 (107)

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

107 months

May 20260181106.413.05$551
Apr 2026849298.932.87$8,574
Mar 202607889.753.15$246
Feb 2026012263.503.75$458
Jan 2026016659.138.00$1,328
Dec 2025012356.664.41$543
Nov 2025024858.593.93$974
Oct 2025034359.383.30$1,134
Sep 2025027762.743.08$852
Aug 2025033763.933.01$1,016
Jul 2025025066.743.32$829
Jun 2025023966.483.13$748
May 2025023660.553.23$763
Apr 2025024762.363.54$875
Mar 2025022567.704.27$960
Feb 2025027070.884.34$1,172
Jan 2025035174.324.28$1,502
Dec 2024028968.993.12$902
Nov 202407369.052.20$160
Oct 202409171.372.28$208
Sep 202409569.612.36$225
Aug 202406475.632.06$132
Jul 202409079.932.15$193
Jun 202407278.082.63$190
May 202405678.812.20$123
Apr 202401084.451.66$17
Mar 202404880.301.55$74
Feb 20240576.091.78$9
Jan 202402073.023.30$66
Dec 202301771.262.61$44
Nov 20230477.892.81$11
Oct 202303985.443.09$120
Sep 202303989.042.74$107
Aug 202304580.522.67$120
Jul 202304474.852.64$116
Jun 202302368.962.26$52
May 202306470.622.23$143
Apr 202308178.122.24$181
Mar 2023010372.852.39$247
Feb 2023010475.112.47$256
Jan 2023010376.533.39$349
Dec 202207776.415.73$441
Nov 202208285.005.65$463
Oct 202209887.185.86$575
Sep 2022011084.888.16$898
Aug 2022015994.529.13$1,451
Jul 20220126101.587.54$950
Jun 20220138115.097.98$1,101
May 20220170109.378.43$1,434
Apr 20220170104.226.84$1,162
Mar 20220165108.885.08$838
Feb 2022014991.054.86$724
Jan 202206881.844.54$309
Dec 202106371.323.90$246
Nov 202107577.435.24$393
Oct 202104679.795.71$263
Sep 202105869.865.35$310
Aug 202105866.024.22$245
Jul 202105870.783.98$231
Jun 2021013169.493.38$443
May 2021016263.483.02$489
Apr 2021014760.362.76$405
Mar 2021016361.302.72$443
Feb 2021018757.805.55$1,037
Jan 2021022350.412.81$627
Dec 2020019644.642.68$524
Nov 2020019738.772.71$533
Oct 2020014736.972.48$364
Sep 2020012837.091.99$255
Aug 2020315539.982.39$490
Jul 2020022938.371.83$418
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020026349.881.98$521
Jan 2020031057.252.09$649
Dec 2019032259.012.30$742
Nov 2019031255.302.75$858
Oct 2019029153.472.42$704
Sep 201906555.052.66$173
Aug 2019031053.112.30$714
Jul 2019010856.272.46$266
Jun 201909352.782.49$232
May 201909958.482.74$271
Apr 201908762.632.75$239
Mar 20190056.803.06$0
Feb 2019014850.852.79$413
Jan 2019016446.033.23$529
Dec 2018016446.594.19$686
Nov 2018015952.934.24$674
Oct 2018015961.443.40$540
Sep 2018015559.543.11$482
Aug 2018016659.403.07$509
Jul 2018017165.142.93$501
Jun 2018016760.183.08$514
May 2018016665.382.90$482
Apr 2018020463.842.90$592
Mar 2018020561.222.79$571
Feb 2018022761.782.77$628
Jan 2018041162.874.01$1,648
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 2017030543.873.09$942

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  181 Mcf  × $  3.05 =       $551

────────────────────────────────────────────────────
Month total                                     $551

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/283812 is the state's own key, not one this site invented.