GARRETT

Name: GARRETT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 105401District 10Field 68831001NGPA filingGasSave Export

Value, all time

$200 k

Jan 1993 – Sep 2012

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

237

no gaps in the span

Streams

gas

The PANHANDLE, WEST 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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered

1933-02-08

as the register files it

Field class

Gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: “IS HEREBY SUSPENDED.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Gas	Production	66,657 Mcf	$199,920
Total			$199,920

24,168 Mcf of this lease's gas, across 48 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 35.6665, -101.9615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.66650, -101.96153 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

3,686 ft

1 wells filed one

Completion to plug

29.5 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 3,686 ft.

Completions filed

Mar 1983

1 of 1 wells

Plug dates filed

Sep 2012

1 of 1 wells

Last completion to plug: a median of 29.5 years across the 1 well that filed both dates, with the middle half between 29.5 years and 29.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-34130921	1	3,686 ft	Mar 1983	Sep 2012	Yes

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 (237)

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

237 months


Sep 2012	31	94.67	2.92	$90
Aug 2012	82	92.66	2.91	$238
Jul 2012	73	85.13	3.02	$221
Jun 2012	89	79.82	2.52	$224
May 2012	95	91.61	2.49	$236
Apr 2012	138	101.65	2.00	$276
Mar 2012	171	105.05	2.22	$380
Feb 2012	173	101.10	2.57	$445
Jan 2012	182	98.09	2.73	$498
Dec 2011	176	96.87	3.24	$570
Nov 2011	155	95.72	3.31	$513
Oct 2011	150	84.98	3.65	$547
Sep 2011	129	83.62	3.99	$514
Aug 2011	132	83.40	4.15	$548
Jul 2011	137	94.14	4.52	$619
Jun 2011	146	92.90	4.64	$677
May 2011	144	98.13	4.40	$634
Apr 2011	135	105.96	4.33	$585
Mar 2011	123	96.36	4.06	$499
Feb 2011	91	85.64	4.18	$380
Jan 2011	15	86.50	4.59	$69
Dec 2010	135	85.73	4.35	$587
Nov 2010	165	80.84	3.80	$626
Oct 2010	166	78.10	3.51	$582
Sep 2010	167	72.63	3.98	$665
Aug 2010	155	73.68	4.42	$685
Jul 2010	150	72.55	4.74	$710
Jun 2010	101	70.36	4.91	$496
May 2010	135	71.12	4.24	$572
Apr 2010	161	81.69	4.12	$664
Mar 2010	160	78.39	4.39	$702
Feb 2010	150	73.58	5.44	$816
Jan 2010	108	74.36	5.96	$644
Dec 2009	100	71.44	5.48	$548
Nov 2009	136	74.59	3.75	$510
Oct 2009	131	72.54	4.11	$538
Sep 2009	115	65.54	3.06	$352
Aug 2009	106	67.42	3.22	$341
Jul 2009	106	61.13	3.46	$367
Jun 2009	160	66.16	3.90	$623
May 2009	177	54.74	3.93	$695
Apr 2009	158	46.77	3.59	$567
Mar 2009	175	42.14	4.06	$710
Feb 2009	176	32.81	4.63	$815
Jan 2009	71	35.86	5.37	$381
Dec 2008	144	37.10	5.98	$861
Nov 2008	148	55.49	6.86	$1,015
Oct 2008	157	75.24	6.92	$1,087
Sep 2008	175	101.76	7.88	$1,378
Aug 2008	162	114.22	8.48	$1,374
Jul 2008	156	131.08	11.39	$1,777
Jun 2008	146	131.33	13.03	$1,903
May 2008	182	123.17	11.57	$2,107
Apr 2008	176	110.31	10.45	$1,840
Mar 2008	170	101.90	9.66	$1,643
Feb 2008	151	92.53	8.77	$1,324
Jan 2008	188	90.38	8.21	$1,543
Dec 2007	195	88.33	7.30	$1,424
Nov 2007	183	91.67	7.29	$1,334
Oct 2007	196	82.85	6.92	$1,357
Sep 2007	177	75.84	6.24	$1,105
Aug 2007	156	69.06	6.39	$997
Jul 2007	166	70.90	6.39	$1,060
Jun 2007	182	62.00	7.55	$1,374
May 2007	196	58.74	7.85	$1,538
Apr 2007	220	59.61	7.81	$1,717
Mar 2007	167	56.92	7.30	$1,219
Feb 2007	98	55.10	8.22	$805
Jan 2007	155	50.30	6.73	$1,043
Dec 2006	116	56.65	6.92	$803
Nov 2006	156	54.20	7.62	$1,188
Oct 2006	190	54.90	6.01	$1,143
Sep 2006	177	60.08	5.04	$892
Aug 2006	185	68.71	7.34	$1,358
Jul 2006	132	69.37	6.34	$837
Jun 2006	168	66.28	6.38	$1,072
May 2006	408	66.01	6.42	$2,621
Apr 2006	171	64.39	7.36	$1,259
Mar 2006	178	56.70	7.08	$1,261
Feb 2006	136	57.59	7.75	$1,054
Jan 2006	186	60.59	8.93	$1,662
Dec 2005	187	54.94	13.42	$2,509
Nov 2005	186	54.69	10.59	$1,969
Oct 2005	198	58.34	13.80	$2,732
Sep 2005	187	61.45	12.08	$2,259
Aug 2005	1,778	61.51	9.80	$17,419
Jul 2005	175	55.69	7.84	$1,373
Jun 2005	172	52.33	7.38	$1,270
May 2005	168	45.22	6.65	$1,117
Apr 2005	156	49.20	7.36	$1,148
Mar 2005	186	50.37	7.15	$1,331
Feb 2005	156	45.22	6.31	$985
Jan 2005	191	43.16	6.32	$1,208
Dec 2004	128	39.86	6.75	$864
Nov 2004	183	45.28	6.33	$1,158
Oct 2004	205	49.70	6.52	$1,336
Sep 2004	193	43.24	5.28	$1,020
Aug 2004	185	42.37	5.55	$1,027
Jul 2004	202	38.28	6.08	$1,229
Jun 2004	172	36.10	6.43	$1,106
May 2004	198	37.48	6.49	$1,286
Apr 2004	194	34.47	5.86	$1,137
Mar 2004	205	34.36	5.53	$1,134
Feb 2004	0	32.45	5.51	$0
Jan 2004	0	32.03	6.30	$0
Dec 2003	202	30.26	6.30	$1,273
Nov 2003	196	28.80	4.60	$901
Oct 2003	0	28.17	4.76	$0
Sep 2003	260	26.31	4.75	$1,235
Aug 2003	260	29.76	5.13	$1,334
Jul 2003	271	29.41	5.17	$1,401
Jun 2003	288	28.56	5.98	$1,723
May 2003	184	26.59	5.97	$1,099
Apr 2003	196	26.67	5.41	$1,060
Mar 2003	210	31.14	6.10	$1,280
Feb 2003	189	33.48	7.93	$1,498
Jan 2003	225	30.31	5.58	$1,256
Dec 2002	217	26.91	4.85	$1,053
Nov 2002	217	24.66	4.14	$898
Oct 2002	264	26.46	4.23	$1,116
Sep 2002	270	27.44	3.64	$982
Aug 2002	261	25.96	3.16	$826
Jul 2002	353	24.58	3.06	$1,081
Jun 2002	354	23.73	3.34	$1,182
May 2002	13	24.66	3.58	$47
Apr 2002	274	23.65	3.51	$962
Mar 2002	294	22.00	3.10	$912
Feb 2002	181	18.22	2.38	$430
Jan 2002	20	17.17	2.38	$48
Dec 2001	238	16.93	2.36	$563
Nov 2001	222	18.07	2.41	$534
Oct 2001	258	19.78	2.53	$652
Sep 2001	0	24.26	2.25	$0
Aug 2001	269	24.87	3.05	$821
Jul 2001	246	23.93	3.20	$786
Jun 2001	251	24.56	3.82	$960
May 2001	286	25.52	4.31	$1,232
Apr 2001	271	24.68	5.34	$1,446
Mar 2001	302	24.54	5.38	$1,624
Feb 2001	348	27.75	5.77	$2,007
Jan 2001	271	27.47	8.40	$2,276
Dec 2000	289	26.88	9.12	$2,636
Nov 2000	279	32.21	5.66	$1,579
Oct 2000	299	31.23	5.15	$1,539
Sep 2000	302	31.87	5.19	$1,566
Aug 2000	321	29.64	4.54	$1,458
Jul 2000	291	28.53	4.09	$1,190
Jun 2000	201	29.30	4.40	$884
May 2000	287	27.26	3.68	$1,056
Apr 2000	309	24.51	3.12	$963
Mar 2000	325	28.42	2.86	$929
Feb 2000	313	27.62	2.73	$853
Jan 2000	523	25.27	2.48	$1,297
Dec 1999	377	24.28	2.42	$914
Nov 1999	343	23.19	2.43	$835
Oct 1999	334	20.98	2.80	$936
Sep 1999	315	21.75	2.62	$825
Aug 1999	339	19.26	2.88	$975
Jul 1999	355	17.89	2.37	$842
Jun 1999	397	15.94	2.36	$938
May 1999	202	15.79	2.32	$469
Apr 1999	6	15.10	2.21	$13
Mar 1999	389	12.47	1.84	$715
Feb 1999	391	9.98	1.82	$711
Jan 1999	480	10.38	1.90	$912
Dec 1998	551	9.20	1.77	$977
Nov 1998	371	10.89	2.19	$811
Oct 1998	382	12.42	1.97	$752
Sep 1998	372	12.59	2.08	$775
Aug 1998	325	11.30	1.91	$620
Jul 1998	350	11.74	2.24	$783
Jun 1998	387	11.24	2.24	$866
May 1998	373	12.62	2.21	$823
Apr 1998	397	13.04	2.51	$995
Mar 1998	255	12.80	2.31	$589
Feb 1998	207	13.95	2.30	$476
Jan 1998	301	14.70	2.15	$649
Dec 1997	293	16.32	2.41	$706
Nov 1997	293	18.19	3.09	$905
Oct 1997	400	19.25	3.15	$1,260
Sep 1997	423	17.74	2.95	$1,250
Aug 1997	454	17.86	2.55	$1,160
Jul 1997	452	17.58	2.25	$1,016
Jun 1997	382	17.24	2.26	$862
May 1997	414	18.97	2.31	$956
Apr 1997	399	17.88	2.08	$831
Mar 1997	434	18.95	1.94	$842
Feb 1997	304	20.49	2.21	$671
Jan 1997	357	23.48	3.54	$1,264
Dec 1996	387	23.32	—	$0
Nov 1996	382	21.97	—	$0
Oct 1996	502	23.31	—	$0
Sep 1996	537	22.22	—	$0
Aug 1996	595	20.26	—	$0
Jul 1996	452	19.55	—	$0
Jun 1996	557	18.73	—	$0
May 1996	423	19.43	—	$0
Apr 1996	580	21.51	—	$0
Mar 1996	570	19.38	—	$0
Feb 1996	565	16.98	—	$0
Jan 1996	577	17.07	—	$0
Dec 1995	504	17.19	—	$0
Nov 1995	550	16.00	—	$0
Oct 1995	685	15.43	—	$0
Sep 1995	686	16.18	—	$0
Aug 1995	546	15.92	—	$0
Jul 1995	694	15.24	—	$0
Jun 1995	689	16.41	—	$0
May 1995	643	17.56	—	$0
Apr 1995	818	17.73	—	$0
Mar 1995	760	16.44	—	$0
Feb 1995	250	16.58	—	$0
Jan 1995	274	15.92	—	$0
Dec 1994	304	15.03	—	$0
Nov 1994	313	15.90	—	$0
Oct 1994	380	15.58	—	$0
Sep 1994	284	15.29	—	$0
Aug 1994	395	16.13	—	$0
Jul 1994	417	17.56	—	$0
Jun 1994	364	17.09	—	$0
May 1994	450	15.88	—	$0
Apr 1994	356	14.14	—	$0
Mar 1994	443	12.46	—	$0
Feb 1994	275	12.50	—	$0
Jan 1994	401	12.66	—	$0
Dec 1993	396	12.33	—	$0
Nov 1993	467	14.49	—	$0
Oct 1993	624	15.85	—	$0
Sep 1993	574	15.03	—	$0
Aug 1993	637	15.66	—	$0
Jul 1993	635	15.46	—	$0
Jun 1993	598	16.79	—	$0
May 1993	620	17.68	—	$0
Apr 1993	612	18.05	—	$0
Mar 1993	597	18.14	—	$0
Feb 1993	355	17.90	—	$0
Jan 1993	445	16.93	—	$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.

Sep 2012 — as filed, then multipliedworked

Gas                   31 Mcf  × $  2.92 =        $90

────────────────────────────────────────────────────
Month total                                      $90

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. 10/G/105401 is the state's own key, not one this site invented.