GEORGIA PACIFIC B

Operated by MADISON OIL CO.-HALBOUTY, M. T. (P-5 521205) in the QUANAH (CHAPPEL 8295) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23573District 09Field 73609666OilCasinghead gasSaveExport
Value, all time
$118 k
Jan 1993 – Sep 1997
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
57
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 15 leases and 18 wells, and the rule below applies to all of them.

Discovered
1966-05-12
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: 40 ACRES CAN BE APPLIES TO THE LAST WELLS

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
OilDisposition7,191 bbl$118,102
Casinghead gasProduction699 Mcf$0
Total$118,102

699 Mcf of this lease's gas, across 34 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 (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 34.3328, -99.7346. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

34.33284, -99.73457 · 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
8,739 ft
1 wells filed one
Completion to plug
14.0 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 8,739 ft.

Completions filed
Jul 1983
1 of 1 wells
Plug dates filed
Jul 1997
1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1973056418,739 ftJul 1983Jul 1997Yes

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 (57)

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

57 months

Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199769017.582.25$1,213
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 1996158020.26$3,201
Jul 1996170019.55$3,324
Jun 1996174018.73$3,259
May 1996165019.43$3,206
Apr 1996179021.51$3,850
Mar 1996181019.38$3,508
Feb 1996171016.98$2,904
Jan 1996172017.07$2,936
Dec 19951416217.19$2,424
Nov 19953206016.00$5,120
Oct 19951706215.43$2,623
Sep 19951356016.18$2,184
Aug 19951416215.92$2,245
Jul 19951716215.24$2,606
Jun 19951766016.41$2,888
May 19951816217.56$3,178
Apr 19951796017.73$3,174
Mar 199506216.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 199406215.03$0
Nov 1994180215.90$2,862
Oct 19940215.58$0
Sep 1994359115.29$5,489
Aug 1994178116.13$2,871
Jul 1994180117.56$3,161
Jun 1994181117.09$3,093
May 1994178115.88$2,827
Apr 1994180114.14$2,545
Mar 1994181112.46$2,255
Feb 1994184112.50$2,300
Jan 1994183112.66$2,317
Dec 1993182112.33$2,244
Nov 1993182114.49$2,637
Oct 1993183115.85$2,901
Sep 1993357115.03$5,366
Aug 19930115.66$0
Jul 1993343115.46$5,303
Jun 19930116.79$0
May 1993180117.68$3,182
Apr 1993180118.05$3,249
Mar 1993182118.14$3,301
Feb 1993182117.90$3,258
Jan 1993183116.93$3,098

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.

Jul 1997 — as filed, then multipliedworked
Oil                   69 bbl  × $ 17.58 =     $1,213
Casinghead gas         0 Mcf  × $  2.25 =         $0

────────────────────────────────────────────────────
Month total                                   $1,213

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/23573 is the state's own key, not one this site invented.