GANDY

Operated by BENNETT PRODUCTION CORPORATION (P-5 65315) in the SHIRLEY (CADDO CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29985District 09Field 83369150OilCasinghead gasSaveExport
Value, all time
$584 k
Jan 2002 – Jul 2014
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
151
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 30 leases and 64 wells, and the rule below applies to all of them.

Discovered
1984-04-05
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
OilDisposition5,946 bbl$219,542
Casinghead gasProduction66,798 Mcf$364,590
Total$584,132

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 33.5031, -97.8505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.50311, -97.85047 · 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
6,025 ft
1 wells filed one
Completion to plug
12.0 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 6,025 ft.

Completions filed
Dec 2001
1 of 1 wells
Plug dates filed
Dec 2013
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3373344016,025 ftDec 2001Dec 2013Yes

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 (151)

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

151 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201442090.404.86$3,797
Dec 20130091.824.35$0
Nov 20130088.853.74$0
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 201218414179.822.52$15,042
May 2012018191.612.49$450
Apr 20120178101.652.00$355
Mar 20120180105.052.22$400
Feb 20120157101.102.57$404
Jan 2012016598.092.73$451
Dec 2011014996.873.24$483
Nov 2011014795.723.31$487
Oct 2011017384.983.65$631
Sep 2011016483.623.99$654
Aug 2011016683.404.15$689
Jul 2011016394.144.52$736
Jun 2011016392.904.64$756
May 2011016298.134.40$714
Apr 20110131105.964.33$568
Mar 2011019896.364.06$803
Feb 2011015485.644.18$644
Jan 2011017086.504.59$780
Dec 2010018785.734.35$813
Nov 2010015880.843.80$600
Oct 2010013178.103.51$460
Sep 2010019372.633.98$768
Aug 2010020073.684.42$884
Jul 2010018172.554.74$857
Jun 2010017870.364.91$874
May 2010018071.124.24$762
Apr 2010018581.694.12$763
Mar 2010020178.394.39$882
Feb 2010017073.585.44$925
Jan 2010020274.365.96$1,205
Dec 200918020571.445.48$13,983
Nov 2009020174.593.75$754
Oct 2009021072.544.11$863
Sep 2009019765.543.06$604
Aug 2009017567.423.22$563
Jul 2009023261.133.46$804
Jun 2009023266.163.90$904
May 2009024854.743.93$974
Apr 2009023146.773.59$829
Mar 2009023942.144.06$970
Feb 2009022232.814.63$1,029
Jan 2009027035.865.37$1,450
Dec 2008027137.105.98$1,620
Nov 200819227055.496.86$12,506
Oct 2008026875.246.92$1,855
Sep 20080249101.767.88$1,961
Aug 20080269114.228.48$2,282
Jul 20080249131.0811.39$2,836
Jun 20080261131.3313.03$3,402
May 20080267123.1711.57$3,090
Apr 20080267110.3110.45$2,791
Mar 20080261101.909.66$2,522
Feb 2008020392.538.77$1,780
Jan 2008018990.388.21$1,551
Dec 2007023388.337.30$1,701
Nov 2007024091.677.29$1,750
Oct 200719128582.856.92$17,797
Sep 2007029475.846.24$1,836
Aug 2007032069.066.39$2,044
Jul 2007032070.906.39$2,044
Jun 2007030562.007.55$2,302
May 2007034458.747.85$2,699
Apr 2007031359.617.81$2,443
Mar 200718230256.927.30$12,565
Feb 2007028555.108.22$2,342
Jan 2007030950.306.73$2,079
Dec 2006030156.656.92$2,082
Nov 2006029454.207.62$2,240
Oct 2006030454.906.01$1,828
Sep 2006030160.085.04$1,516
Aug 200619529468.717.34$15,556
Jul 2006030369.376.34$1,922
Jun 2006029166.286.38$1,858
May 2006032866.016.42$2,107
Apr 2006032564.397.36$2,392
Mar 2006036356.707.08$2,571
Feb 2006033957.597.75$2,628
Jan 200620235260.598.93$15,384
Dec 2005035954.9413.42$4,816
Nov 2005037654.6910.59$3,981
Oct 2005040458.3413.80$5,573
Sep 2005040661.4512.08$4,904
Aug 2005044861.519.80$4,389
Jul 200517749755.697.84$13,755
Jun 2005045252.337.38$3,336
May 2005050545.226.65$3,359
Apr 2005047849.207.36$3,518
Mar 2005048050.377.15$3,434
Feb 2005047145.226.31$2,973
Jan 200519153243.166.32$11,607
Dec 2004057939.866.75$3,909
Nov 2004058245.286.33$3,684
Oct 2004062549.706.52$4,072
Sep 200418759043.245.28$11,203
Aug 2004065342.375.55$3,625
Jul 2004069638.286.08$4,235
Jun 2004069936.106.43$4,497
May 2004076637.486.49$4,975
Apr 200419275234.475.86$11,024
Mar 2004082934.365.53$4,584
Feb 2004079532.455.51$4,380
Jan 2004089432.036.30$5,632
Dec 200318294230.266.30$11,443
Nov 2003096428.804.60$4,430
Oct 200301,06228.174.76$5,055
Sep 20031921,04426.314.75$10,010
Aug 200301,14529.765.13$5,874
Jul 200301,19229.415.17$6,164
Jun 20031921,20228.565.98$12,675
May 200301,29026.595.97$7,705
Apr 200301,33926.675.41$7,240
Mar 20031731,42931.146.10$14,098
Feb 200301,36633.487.93$10,827
Jan 20031891,56730.315.58$14,476
Dec 200201,70826.914.85$8,290
Nov 20021881,75024.664.14$11,876
Oct 20021862,01226.464.23$13,431
Sep 200202,13427.443.64$7,758
Aug 20021762,53725.963.16$12,596
Jul 20023632,91424.583.06$17,845
Jun 200201,43723.733.34$4,797
May 20023701,74624.663.58$15,382
Apr 20023571,39923.653.51$13,357
Mar 20027162,39822.003.10$23,192
Feb 2002021418.222.38$508
Jan 2002547017.172.38$9,392

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.

Jan 2014 — as filed, then multipliedworked
Oil                   42 bbl  × $ 90.40 =     $3,797
Casinghead gas         0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                   $3,797

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/29985 is the state's own key, not one this site invented.