GOLDSTONE

Name: GOLDSTONE lease production and value, Jun 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CIMAREX ENERGY CO. OF COLORADO (P-5 153429) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 164053District 10Field 68826001GasSave Export

Value, all time

$85 k

Jun 1997 – Oct 2010

Value, last 12 filed months

$455

at the published price for each month

Months reported

161

no gaps in the span

Streams

gas

The PANHANDLE, EAST 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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered

1935-12-10

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 1989-05-01.

The Commission's schedule remark for this field reads: “67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY”

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	20,705 Mcf	$85,475
Total			$85,475

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 35.2494, -100.7098. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.24939, -100.70980 · 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

2,575 ft

1 wells filed one

Completion to plug

3.8 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 2,575 ft.

Completions filed

Feb 2007

1 of 1 wells

Plug dates filed

Nov 2010

1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17932245	2	2,575 ft	Feb 2007	Nov 2010	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 (161)

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

161 months


Oct 2010	0	78.10	3.51	$0
Sep 2010	0	72.63	3.98	$0
Aug 2010	0	73.68	4.42	$0
Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	83	71.44	5.48	$455
Nov 2009	0	74.59	3.75	$0
Oct 2009	0	72.54	4.11	$0
Sep 2009	0	65.54	3.06	$0
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	0	66.16	3.90	$0
May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
Apr 2008	0	110.31	10.45	$0
Mar 2008	0	101.90	9.66	$0
Feb 2008	0	92.53	8.77	$0
Jan 2008	0	90.38	8.21	$0
Dec 2007	0	88.33	7.30	$0
Nov 2007	0	91.67	7.29	$0
Oct 2007	0	82.85	6.92	$0
Sep 2007	0	75.84	6.24	$0
Aug 2007	0	69.06	6.39	$0
Jul 2007	0	70.90	6.39	$0
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	0	56.92	7.30	$0
Feb 2007	0	55.10	8.22	$0
Jan 2007	0	50.30	6.73	$0
Dec 2006	0	56.65	6.92	$0
Nov 2006	0	54.20	7.62	$0
Oct 2006	0	54.90	6.01	$0
Sep 2006	89	60.08	5.04	$448
Aug 2006	104	68.71	7.34	$763
Jul 2006	99	69.37	6.34	$628
Jun 2006	98	66.28	6.38	$626
May 2006	105	66.01	6.42	$675
Apr 2006	100	64.39	7.36	$736
Mar 2006	108	56.70	7.08	$765
Feb 2006	96	57.59	7.75	$744
Jan 2006	107	60.59	8.93	$956
Dec 2005	112	54.94	13.42	$1,503
Nov 2005	112	54.69	10.59	$1,186
Oct 2005	125	58.34	13.80	$1,724
Sep 2005	114	61.45	12.08	$1,377
Aug 2005	120	61.51	9.80	$1,176
Jul 2005	123	55.69	7.84	$965
Jun 2005	122	52.33	7.38	$900
May 2005	127	45.22	6.65	$845
Apr 2005	130	49.20	7.36	$957
Mar 2005	143	50.37	7.15	$1,023
Feb 2005	145	45.22	6.31	$915
Jan 2005	117	43.16	6.32	$740
Dec 2004	120	39.86	6.75	$810
Nov 2004	127	45.28	6.33	$804
Oct 2004	126	49.70	6.52	$821
Sep 2004	128	43.24	5.28	$676
Aug 2004	132	42.37	5.55	$733
Jul 2004	152	38.28	6.08	$925
Jun 2004	133	36.10	6.43	$856
May 2004	143	37.48	6.49	$929
Apr 2004	145	34.47	5.86	$849
Mar 2004	141	34.36	5.53	$780
Feb 2004	126	32.45	5.51	$694
Jan 2004	128	32.03	6.30	$806
Dec 2003	125	30.26	6.30	$788
Nov 2003	134	28.80	4.60	$616
Oct 2003	143	28.17	4.76	$681
Sep 2003	146	26.31	4.75	$693
Aug 2003	155	29.76	5.13	$795
Jul 2003	160	29.41	5.17	$827
Jun 2003	162	28.56	5.98	$969
May 2003	163	26.59	5.97	$974
Apr 2003	161	26.67	5.41	$871
Mar 2003	176	31.14	6.10	$1,073
Feb 2003	118	33.48	7.93	$935
Jan 2003	139	30.31	5.58	$776
Dec 2002	148	26.91	4.85	$718
Nov 2002	151	24.66	4.14	$625
Oct 2002	155	26.46	4.23	$656
Sep 2002	142	27.44	3.64	$516
Aug 2002	140	25.96	3.16	$443
Jul 2002	162	24.58	3.06	$496
Jun 2002	179	23.73	3.34	$598
May 2002	160	24.66	3.58	$573
Apr 2002	154	23.65	3.51	$541
Mar 2002	165	22.00	3.10	$512
Feb 2002	139	18.22	2.38	$330
Jan 2002	152	17.17	2.38	$361
Dec 2001	157	16.93	2.36	$371
Nov 2001	165	18.07	2.41	$397
Oct 2001	168	19.78	2.53	$425
Sep 2001	172	24.26	2.25	$387
Aug 2001	168	24.87	3.05	$513
Jul 2001	177	23.93	3.20	$566
Jun 2001	181	24.56	3.82	$692
May 2001	185	25.52	4.31	$797
Apr 2001	181	24.68	5.34	$966
Mar 2001	177	24.54	5.38	$952
Feb 2001	167	27.75	5.77	$963
Jan 2001	198	27.47	8.40	$1,663
Dec 2000	196	26.88	9.12	$1,788
Nov 2000	181	32.21	5.66	$1,024
Oct 2000	191	31.23	5.15	$983
Sep 2000	203	31.87	5.19	$1,053
Aug 2000	204	29.64	4.54	$926
Jul 2000	202	28.53	4.09	$826
Jun 2000	211	29.30	4.40	$928
May 2000	215	27.26	3.68	$791
Apr 2000	206	24.51	3.12	$642
Mar 2000	223	28.42	2.86	$638
Feb 2000	208	27.62	2.73	$567
Jan 2000	230	25.27	2.48	$571
Dec 1999	250	24.28	2.42	$606
Nov 1999	233	23.19	2.43	$567
Oct 1999	226	20.98	2.80	$634
Sep 1999	237	21.75	2.62	$621
Aug 1999	236	19.26	2.88	$679
Jul 1999	237	17.89	2.37	$562
Jun 1999	221	15.94	2.36	$522
May 1999	246	15.79	2.32	$571
Apr 1999	237	15.10	2.21	$523
Mar 1999	246	12.47	1.84	$452
Feb 1999	223	9.98	1.82	$405
Jan 1999	258	10.38	1.90	$490
Dec 1998	257	9.20	1.77	$456
Nov 1998	261	10.89	2.19	$570
Oct 1998	280	12.42	1.97	$551
Sep 1998	271	12.59	2.08	$564
Aug 1998	269	11.30	1.91	$513
Jul 1998	282	11.74	2.24	$631
Jun 1998	282	11.24	2.24	$631
May 1998	272	12.62	2.21	$600
Apr 1998	269	13.04	2.51	$674
Mar 1998	288	12.80	2.31	$665
Feb 1998	271	13.95	2.30	$623
Jan 1998	296	14.70	2.15	$638
Dec 1997	325	16.32	2.41	$784
Nov 1997	317	18.19	3.09	$979
Oct 1997	364	19.25	3.15	$1,147
Sep 1997	413	17.74	2.95	$1,220
Aug 1997	240	17.86	2.55	$613
Jul 1997	601	17.58	2.25	$1,350
Jun 1997	22	17.24	2.26	$50

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.

Dec 2009 — as filed, then multipliedworked

Gas                   83 Mcf  × $  5.48 =       $455

────────────────────────────────────────────────────
Month total                                     $455

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/164053 is the state's own key, not one this site invented.