FETTE, C. J.

Operated by PYRAMID ENTERPRISES (P-5 684438) in the GATEWOOD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2306District 09Field 34218001OilCasinghead gasSaveExport
Value, all time
$137 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
no gaps in the span
Streams
2
oil, casinghead 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 leases and 231 wells, and the rule below applies to all of them.

Discovered
1944-10-11
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition8,346 bbl$136,647
Casinghead gasProduction40 Mcf$0
Total$136,647

40 Mcf of this lease's gas, across 40 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (38)

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 33.6041, -97.3574. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

33.60446, -97.35738 · 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%
38 of 38 wells
With a plug date
100.0%
38 of 38 wells
Median depth
1,575 ft
38 wells filed one
Completion to plug
57.8 years
median over 12 wells

What the state filed about each well

On the RRC proration schedule
38100.0%
A plug date is filed
38100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
38100.0%
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

Total depth in feet, 38 of 38 wells. Median 1,575 ft, with the middle half between 1,560 and 1,600 ft; the shallowest is 1,527 ft and the deepest 1,671 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 12 of 38 wells, Jan 1946 – Apr 1968. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1946 – Apr 1968
12 of 38 wells; 26 filed none
Plug dates filed
Apr 1981 – Mar 2004
38 of 38 wells

Last completion to plug: a median of 57.8 years across the 12 wells that filed both dates, with the middle half between 54.8 years and 57.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

38 wells

42-09710474141,564 ftFeb 2004Yes
42-09710475191,598 ftJan 2004Yes
42-09710476201,600 ftJan 2004Yes
42-09710478351,612 ftJan 2004Yes
42-09720344381,671 ftJan 2004Yes
42-09720346401,640 ftMar 2004Yes
42-0978197611,602 ftMar 2004Yes
42-0978197831,559 ftFeb 2004Yes
42-0978197941,543 ftApr 1981Yes
42-0978198051,527 ftDec 1984Yes
42-0978198161,570 ftJan 1985Yes
42-0978198491,550 ftMar 2004Yes
42-09781985101,547 ftMar 2004Yes
42-09781987121,577 ftJan 2004Yes
42-09781990151,546 ftMar 2004Yes
42-09781995211,598 ftNov 1993Yes
42-09781996221,603 ftJan 2004Yes
42-09781998241,565 ftFeb 2004Yes
42-09782000261,568 ftJun 1987Yes
42-09782001271,540 ftMar 2004Yes
42-09782002281,575 ftMar 2004Yes
42-09782003291,540 ftAug 1981Yes
42-09782004311,550 ftJan 2004Yes
42-09782007341,595 ftJan 2004Yes
42-09782009361,562 ftJan 2004Yes
42-09782010371,608 ftMar 1985Yes
42-09720345391,671 ftApr 1968Jan 2004Yes
42-09782006331,615 ftOct 1957Jan 2004Yes
42-09703147321,591 ftOct 1957Jan 2004Yes
42-09781999251,538 ftJun 1946Feb 2004Yes
42-09781997231,594 ftJun 1946Jan 2004Yes
42-09781992181,592 ftMay 1946Feb 2004Yes
42-09781991161,575 ftMay 1946Feb 2004Yes
42-09781988131,570 ftMay 1946Feb 2004Yes
42-09781986111,575 ftMay 1946Jan 2004Yes
42-0978198381,604 ftMar 1946Jan 2004Yes
42-0978198271,569 ftFeb 1946Mar 2004Yes
42-0978197721,581 ftJan 1946Mar 2004Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
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 1996113020.26$2,289
Jul 19960119.55$0
Jun 19960118.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960116.98$0
Jan 199645117.07$768
Dec 19950117.19$0
Nov 19950116.00$0
Oct 19950115.43$0
Sep 1995150116.18$2,427
Aug 19950115.92$0
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 1995154116.44$2,532
Feb 1995214016.58$3,548
Jan 19950115.92$0
Dec 1994164115.03$2,465
Nov 19940115.90$0
Oct 1994190115.58$2,960
Sep 19940015.29$0
Aug 1994198016.13$3,194
Jul 19940117.56$0
Jun 1994100117.09$1,709
May 1994130115.88$2,064
Apr 1994179114.14$2,531
Mar 1994222112.46$2,766
Feb 1994417112.50$5,213
Jan 19940112.66$0
Dec 19930112.33$0
Nov 1993227114.49$3,289
Oct 1993478115.85$7,576
Sep 1993207115.03$3,111
Aug 1993539115.66$8,441
Jul 1993612115.46$9,462
Jun 1993826116.79$13,869
May 1993469117.68$8,292
Apr 1993606118.05$10,938
Mar 1993731118.14$13,260
Feb 1993684117.90$12,244
Jan 1993691116.93$11,699

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 1996 — as filed, then multipliedworked
Oil                  113 bbl  × $ 20.26 =     $2,289
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,289

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/O/2306 is the state's own key, not one this site invented.