GAHAGAN, C.P. "B"

Operated by ITX CORPORATION (P-5 427179) in the BARNETT (MARBLE FALLS, OIL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28703District 09Field 05748750OilCasinghead gasSaveExport
Value, all time
$977 k
Dec 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
390
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 16 leases and 22 wells, and the rule below applies to all of them.

Discovered
1993-10-31
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
OilDisposition14,187 bbl$397,876
Casinghead gasProduction204,840 Mcf$578,798
Total$976,674

77,634 Mcf of this lease's gas, across 37 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 33.1988, -98.4767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19880, -98.47671 · 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
4,665 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 4,665 ft.

Completions filed
Dec 1993
1 of 1 wells

1 well

42-503405591C4,665 ftDec 1993

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 (390)

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

390 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230580.522.67$13
Jul 20230574.852.64$13
Jun 20230468.962.26$9
May 20230570.622.23$11
Apr 20230978.122.24$20
Mar 20230472.852.39$10
Feb 202301975.112.47$47
Jan 20230576.533.39$17
Dec 202201176.415.73$63
Nov 202201985.005.65$107
Oct 20220587.185.86$29
Sep 20220684.888.16$49
Aug 20220794.529.13$64
Jul 2022015101.587.54$113
Jun 202207115.097.98$56
May 2022019109.378.43$160
Apr 2022015104.226.84$103
Mar 2022087108.885.08$442
Feb 202207091.054.86$340
Jan 202203281.844.54$145
Dec 202107071.323.90$273
Nov 20210477.435.24$21
Oct 20210579.795.71$29
Sep 20210669.865.35$32
Aug 20210866.024.22$34
Jul 202102470.783.98$96
Jun 20210269.493.38$7
May 20210363.483.02$9
Apr 20210560.362.76$14
Mar 202103761.302.72$101
Feb 20210757.805.55$39
Jan 202101550.412.81$42
Dec 202004144.642.68$110
Nov 20201075738.772.71$4,303
Oct 202002036.972.48$50
Sep 202003537.091.99$70
Aug 202004439.982.39$105
Jul 2020010338.371.83$188
Jun 2020012434.901.69$210
May 2020011116.921.81$201
Apr 2020010714.751.80$193
Mar 2020011130.341.86$206
Feb 2020013249.881.98$261
Jan 2020013657.252.09$285
Dec 20190259.012.30$5
Nov 201905555.302.75$151
Oct 2019020053.472.42$484
Sep 2019032055.052.66$850
Aug 201909653.112.30$221
Jul 201909856.272.46$241
Jun 201909952.782.49$247
May 2019011358.482.74$310
Apr 201909862.632.75$270
Mar 201909756.803.06$297
Feb 2019012450.852.79$346
Jan 2019021046.033.23$678
Dec 2018028246.594.19$1,180
Nov 2018031252.934.24$1,322
Oct 2018030961.443.40$1,050
Sep 2018034559.543.11$1,072
Aug 2018028959.403.07$886
Jul 2018027065.142.93$792
Jun 2018029260.183.08$898
May 2018045965.382.90$1,331
Apr 2018065063.842.90$1,886
Mar 2018049861.222.79$1,388
Feb 2018014261.782.77$393
Jan 2018025962.874.01$1,038
Dec 2017021757.272.92$634
Nov 2017025355.423.12$789
Oct 2017019149.292.98$570
Sep 2017026447.523.09$815
Aug 2017034045.373.00$1,022
Jul 2017027043.873.09$834
Jun 2017030942.493.09$954
May 2017031245.373.26$1,018
Apr 2017018647.933.21$597
Mar 2017021946.772.98$653
Feb 2017025450.452.95$750
Jan 2017029949.413.42$1,022
Dec 2016031248.763.72$1,162
Nov 2016026142.492.64$690
Oct 2016030146.193.09$930
Sep 2016027441.553.10$850
Aug 2016028741.442.92$839
Jul 2016025941.622.92$757
Jun 201615833645.352.69$8,068
May 2016035242.521.99$701
Apr 2016031236.561.99$621
Mar 2016034033.011.79$610
Feb 2016031726.472.06$654
Jan 2016033827.352.36$799
Dec 2015031532.362.00$630
Nov 2015033438.792.17$724
Oct 2015035043.552.43$849
Sep 2015034042.992.76$938
Aug 2015033840.162.87$971
Jul 2015020748.152.95$610
Jun 2015023556.152.88$677
May 2015021655.212.96$638
Apr 2015027449.822.71$742
Mar 2015028842.892.93$845
Feb 2015026144.662.98$777
Jan 2015030143.433.10$933
Dec 2014034954.693.59$1,253
Nov 2014035070.464.25$1,488
Oct 2014036978.303.90$1,439
Sep 2014035386.164.05$1,428
Aug 2014034289.394.04$1,380
Jul 2014030396.564.18$1,266
Jun 2014028498.164.74$1,345
May 2014010194.734.73$477
Apr 2014024795.944.81$1,188
Mar 201417032695.895.06$17,950
Feb 2014030697.406.19$1,895
Jan 2014033890.404.86$1,643
Dec 2013031191.824.35$1,354
Nov 2013037188.853.74$1,387
Oct 2013040497.423.78$1,527
Sep 20130390104.113.72$1,450
Aug 20130377104.253.52$1,328
Jul 20130400102.523.72$1,487
Jun 2013038194.403.93$1,499
May 2013029994.834.15$1,241
Apr 2013037293.964.28$1,593
Mar 2013041793.623.91$1,632
Feb 2013037091.233.42$1,265
Jan 2013041891.603.42$1,430
Dec 2012041086.773.42$1,402
Nov 2012040486.953.62$1,464
Oct 2012036289.383.40$1,231
Sep 2012041294.672.92$1,202
Aug 2012046092.662.91$1,338
Jul 2012044885.133.02$1,353
Jun 2012046379.822.52$1,166
May 2012047391.612.49$1,177
Apr 20120463101.652.00$925
Mar 2012164481105.052.22$18,297
Feb 20120458101.102.57$1,177
Jan 2012048298.092.73$1,318
Dec 2011046596.873.24$1,506
Nov 2011046595.723.31$1,540
Oct 2011038184.983.65$1,390
Sep 2011036283.623.99$1,443
Aug 2011043683.404.15$1,809
Jul 2011046394.144.52$2,091
Jun 2011044192.904.64$2,046
May 2011051898.134.40$2,282
Apr 20110493105.964.33$2,136
Mar 2011049996.364.06$2,025
Feb 2011030185.644.18$1,258
Jan 2011052086.504.59$2,386
Dec 2010054185.734.35$2,352
Nov 2010048880.843.80$1,852
Oct 2010052578.103.51$1,842
Sep 2010052572.633.98$2,089
Aug 201015849473.684.42$13,825
Jul 2010051172.554.74$2,420
Jun 2010049370.364.91$2,421
May 2010051371.124.24$2,173
Apr 2010051381.694.12$2,115
Mar 2010051878.394.39$2,273
Feb 2010045973.585.44$2,498
Jan 2010051474.365.96$3,066
Dec 2009049671.445.48$2,720
Nov 2009049474.593.75$1,853
Oct 2009052472.544.11$2,154
Sep 200916350565.543.06$12,231
Aug 2009054567.423.22$1,754
Jul 2009055961.133.46$1,937
Jun 2009045166.163.90$1,757
May 2009052154.743.93$2,045
Apr 2009052846.773.59$1,894
Mar 2009050942.144.06$2,066
Feb 2009047832.814.63$2,215
Jan 2009052835.865.37$2,836
Dec 2008049337.105.98$2,947
Nov 2008050555.496.86$3,464
Oct 2008053575.246.92$3,703
Sep 20080454101.767.88$3,576
Aug 20080505114.228.48$4,284
Jul 2008166542131.0811.39$27,932
Jun 20080409131.3313.03$5,330
May 20080577123.1711.57$6,678
Apr 20080597110.3110.45$6,242
Mar 20080485101.909.66$4,687
Feb 2008055492.538.77$4,859
Jan 2008058790.388.21$4,817
Dec 2007058688.337.30$4,279
Nov 2007057691.677.29$4,200
Oct 2007060482.856.92$4,181
Sep 2007059575.846.24$3,715
Aug 2007060569.066.39$3,865
Jul 2007064370.906.39$4,107
Jun 200716851162.007.55$14,273
May 2007041858.747.85$3,280
Apr 2007055959.617.81$4,363
Mar 2007060656.927.30$4,425
Feb 2007054855.108.22$4,502
Jan 2007055750.306.73$3,747
Dec 2006060956.656.92$4,213
Nov 2006060454.207.62$4,601
Oct 2006063954.906.01$3,843
Sep 2006069460.085.04$3,496
Aug 2006053068.717.34$3,890
Jul 20060669.376.34$38
Jun 200616854766.286.38$14,627
May 2006067466.016.42$4,330
Apr 2006069764.397.36$5,130
Mar 2006056056.707.08$3,966
Feb 2006061857.597.75$4,790
Jan 2006070960.598.93$6,334
Dec 2005074354.9413.42$9,968
Nov 2005083154.6910.59$8,799
Oct 200512563758.3413.80$16,080
Sep 200501861.4512.08$217
Aug 20051313861.519.80$8,430
Jul 200503555.697.84$275
Jun 2005044352.337.38$3,270
May 2005075245.226.65$5,002
Apr 2005073449.207.36$5,403
Mar 2005075050.377.15$5,366
Feb 2005067745.226.31$4,273
Jan 200515773943.166.32$11,448
Dec 2004076139.866.75$5,138
Nov 2004074045.286.33$4,685
Oct 200413076549.706.52$11,445
Sep 2004075843.245.28$4,005
Aug 2004079142.375.55$4,391
Jul 200412879738.286.08$9,749
Jun 2004076736.106.43$4,934
May 200413478137.486.49$10,095
Apr 200413168034.475.86$8,499
Mar 2004081734.365.53$4,518
Feb 200426486132.455.51$13,311
Jan 2004014232.036.30$895
Dec 200313146330.266.30$6,882
Nov 2003080428.804.60$3,695
Oct 2003081828.174.76$3,893
Sep 200313086226.314.75$7,514
Aug 200312891429.765.13$8,498
Jul 200313392429.415.17$8,689
Jun 2003087728.565.98$5,247
May 2003074726.595.97$4,462
Apr 200326388726.675.41$11,810
Mar 2003083531.146.10$5,090
Feb 200312950833.487.93$8,345
Jan 200313154630.315.58$7,018
Dec 200213525926.914.85$4,890
Nov 200213525424.664.14$4,380
Oct 2002021526.464.23$909
Sep 2002025227.443.64$916
Aug 200212925425.963.16$4,153
Jul 200213523124.583.06$4,026
Jun 200212725623.733.34$3,868
May 2002024724.663.58$885
Apr 200213025823.653.51$3,981
Mar 200213026322.003.10$3,676
Feb 200226023818.222.38$5,303
Jan 2002026117.172.38$620
Dec 200113025216.932.36$2,797
Nov 2001023818.072.41$573
Oct 200113022219.782.53$3,133
Sep 200113822924.262.25$3,863
Aug 2001025924.873.05$791
Jul 200125925023.933.20$6,997
Jun 2001026524.563.82$1,013
May 200113026625.524.31$4,463
Apr 2001025724.685.34$1,371
Mar 200127025924.545.38$8,018
Feb 2001025227.755.77$1,453
Jan 200113026827.478.40$5,822
Dec 20007423326.889.12$4,115
Nov 20008523732.215.66$4,079
Oct 20009223831.235.15$4,098
Sep 200012726531.875.19$5,422
Aug 20008026129.644.54$3,556
Jul 20008225128.534.09$3,366
Jun 200013022629.304.40$4,803
May 20007123427.263.68$2,797
Apr 20009225024.513.12$3,034
Mar 200020429628.422.86$6,644
Feb 20007329827.622.73$2,829
Jan 200013331425.272.48$4,140
Dec 199926930624.282.42$7,273
Nov 19999923123.192.43$2,858
Oct 1999023120.982.80$648
Sep 19997524221.752.62$2,265
Aug 199911626019.262.88$2,982
Jul 1999023917.892.37$567
Jun 1999020915.942.36$494
May 19997026415.792.32$1,718
Apr 199924027815.102.21$4,238
Mar 1999027112.471.84$498
Feb 19991381,2779.981.82$3,699
Jan 199904,12610.381.90$7,839
Dec 19981283639.201.77$1,821
Nov 1998030410.892.19$664
Oct 199816431412.421.97$2,655
Sep 1998030412.592.08$633
Aug 1998035611.301.91$679
Jul 19981511,00511.742.24$4,021
Jun 1998099111.242.24$2,217
May 199825930412.622.21$3,939
Apr 199830831413.042.51$4,803
Mar 199813342112.802.31$2,675
Feb 1998030313.952.30$697
Jan 199801,25414.702.15$2,702
Dec 199727712716.322.41$4,827
Nov 19970018.193.09$0
Oct 199701119.253.15$35
Sep 1997027217.742.95$804
Aug 1997057617.862.55$1,472
Jul 199701,27217.582.25$2,858
Jun 199713596317.242.26$4,501
May 19971441,34218.972.31$5,830
Apr 199702,02617.882.08$4,220
Mar 19971381,38318.951.94$5,297
Feb 199701,43620.492.21$3,168
Jan 19971381,83623.483.54$9,739
Dec 199601,38923.32$0
Nov 19961541,56921.97$3,383
Oct 199601,78123.31$0
Sep 19961551,62622.22$3,444
Aug 199602,14920.26$0
Jul 199601,71519.55$0
Jun 19961351,95618.73$2,529
May 19961352,43419.43$2,623
Apr 199601,97321.51$0
Mar 19961542,60419.38$2,985
Feb 19961442,25516.98$2,445
Jan 199602,20017.07$0
Dec 19951372,38517.19$2,355
Nov 19952742,95216.00$4,384
Oct 19951472,62615.43$2,268
Sep 19951382,81416.18$2,233
Aug 19951283,43715.92$2,038
Jul 19951442,88915.24$2,195
Jun 19951443,14316.41$2,363
May 19951533,40517.56$2,687
Apr 19951523,23717.73$2,695
Mar 19951443,63016.44$2,367
Feb 19952963,47716.58$4,908
Jan 19953474,12315.92$5,524
Dec 19944491,78415.03$6,748
Nov 199401,69315.90$0
Oct 199402,04215.58$0
Sep 1994042515.29$0
Aug 19941171,26416.13$1,887
Jul 19941431,19617.56$2,511
Jun 199401,48517.09$0
May 199401,11215.88$0
Apr 199413797414.14$1,937
Mar 199401,09712.46$0
Feb 199401,17612.50$0
Jan 199401,39712.66$0
Dec 1993022012.33$0

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 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 80.52 =         $0
Casinghead gas         5 Mcf  × $  2.67 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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/28703 is the state's own key, not one this site invented.