GEARHART

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 24872District 10Field 68831001GasSaveExport
Value, all time
$649 k
Jan 1993 – Nov 2010
Value, last 12 filed months
$577
at the published price for each month
Months reported
215
no gaps in the span
Streams
1
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 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.

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
GasProduction341,561 Mcf$649,103
Total$649,103

200,353 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 35.8871, -102.0083. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.88710, -102.00835 · 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
3,383 ft
1 wells filed one
Completion to plug
37.8 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 3,383 ft.

Completions filed
Feb 1973
1 of 1 wells
Plug dates filed
Nov 2010
1 of 1 wells

Last completion to plug: a median of 37.8 years across the 1 well that filed both dates, with the middle half between 37.8 years and 37.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3410138913,383 ftFeb 1973Nov 2010Yes

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 (215)

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

215 months

Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 20103178.394.39$136
Feb 20108173.585.44$441
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 20091,60274.593.75$6,010
Oct 20092,18472.544.11$8,977
Sep 20092,05065.543.06$6,283
Aug 20092,33367.423.22$7,509
Jul 20091,11161.133.46$3,849
Jun 20092,28066.163.90$8,881
May 20092,45654.743.93$9,642
Apr 20092,57446.773.59$9,234
Mar 20092,63942.144.06$10,712
Feb 20092,29932.814.63$10,651
Jan 20092,40535.865.37$12,917
Dec 20082,97937.105.98$17,806
Nov 20083,24255.496.86$22,241
Oct 20086375.246.92$436
Sep 20082,597101.767.88$20,457
Aug 20082,457114.228.48$20,843
Jul 20082,990131.0811.39$34,054
Jun 20083,448131.3313.03$44,937
May 20082,186123.1711.57$25,301
Apr 200810110.3110.45$105
Mar 200894101.909.66$908
Feb 200831892.538.77$2,789
Jan 200831490.388.21$2,577
Dec 200729288.337.30$2,132
Nov 200713091.677.29$948
Oct 20077482.856.92$512
Sep 200715575.846.24$968
Aug 200741069.066.39$2,619
Jul 20071870.906.39$115
Jun 200717362.007.55$1,306
May 200721058.747.85$1,648
Apr 200735459.617.81$2,763
Mar 200734156.927.30$2,490
Feb 200721855.108.22$1,791
Jan 20076550.306.73$437
Dec 20066156.656.92$422
Nov 20069654.207.62$731
Oct 200641754.906.01$2,508
Sep 200631560.085.04$1,587
Aug 200611668.717.34$851
Jul 200620269.376.34$1,281
Jun 200626666.286.38$1,698
May 20068966.016.42$572
Apr 200626564.397.36$1,951
Mar 200631056.707.08$2,196
Feb 200619957.597.75$1,542
Jan 200634360.598.93$3,064
Dec 200541654.9413.42$5,581
Nov 200539454.6910.59$4,172
Oct 200531058.3413.80$4,277
Sep 200510761.4512.08$1,292
Aug 200538461.519.80$3,762
Jul 200546555.697.84$3,647
Jun 200561452.337.38$4,532
May 200553245.226.65$3,538
Apr 200532049.207.36$2,355
Mar 200518050.377.15$1,288
Feb 200565845.226.31$4,153
Jan 200564943.166.32$4,103
Dec 200421339.866.75$1,438
Nov 200445945.286.33$2,906
Oct 200456349.706.52$3,668
Sep 200481343.245.28$4,296
Aug 200475342.375.55$4,180
Jul 200460938.286.08$3,705
Jun 200464936.106.43$4,175
May 200451137.486.49$3,319
Apr 2004034.475.86$0
Mar 200471934.365.53$3,976
Feb 200482132.455.51$4,523
Jan 200491632.036.30$5,770
Dec 200399330.266.30$6,258
Nov 200396028.804.60$4,411
Oct 200384528.174.76$4,022
Sep 200383526.314.75$3,966
Aug 200374729.765.13$3,832
Jul 200375329.415.17$3,894
Jun 200376228.565.98$4,559
May 200351026.595.97$3,046
Apr 200350826.675.41$2,747
Mar 200357531.146.10$3,505
Feb 200361833.487.93$4,898
Jan 200376930.315.58$4,293
Dec 200293226.914.85$4,524
Nov 20021,00824.664.14$4,170
Oct 200286926.464.23$3,675
Sep 200295327.443.64$3,464
Aug 200283325.963.16$2,636
Jul 200296924.583.06$2,967
Jun 200280623.733.34$2,691
May 200251624.663.58$1,849
Apr 200215023.653.51$527
Mar 20026122.003.10$189
Feb 20026318.222.38$150
Jan 200216317.172.38$387
Dec 200112916.932.36$305
Nov 200113518.072.41$325
Oct 200123519.782.53$594
Sep 20016924.262.25$155
Aug 200114524.873.05$443
Jul 20014123.933.20$131
Jun 20012424.563.82$92
May 20011325.524.31$56
Apr 2001524.685.34$27
Mar 200120724.545.38$1,113
Feb 20015927.755.77$340
Jan 200128227.478.40$2,368
Dec 200068826.889.12$6,276
Nov 200096032.215.66$5,432
Oct 20001,06231.235.15$5,465
Sep 200066331.875.19$3,439
Aug 200053129.644.54$2,411
Jul 200027828.534.09$1,137
Jun 20004229.304.40$185
May 20008527.263.68$313
Apr 200021524.513.12$670
Mar 20001,12528.422.86$3,217
Feb 200075927.622.73$2,069
Jan 200051125.272.48$1,268
Dec 19991,19724.282.42$2,901
Nov 199954323.192.43$1,322
Oct 199995720.982.80$2,683
Sep 199963521.752.62$1,663
Aug 199988619.262.88$2,548
Jul 199916517.892.37$391
Jun 199991915.942.36$2,171
May 19991,29915.792.32$3,015
Apr 19991,39215.102.21$3,074
Mar 19991,79012.471.84$3,291
Feb 19991,4899.981.82$2,707
Jan 19991,20710.381.90$2,293
Dec 19981,2409.201.77$2,199
Nov 19981,54210.892.19$3,370
Oct 19981,54512.421.97$3,042
Sep 19981,97912.592.08$4,122
Aug 19982,24311.301.91$4,278
Jul 19982,37711.742.24$5,318
Jun 19982,55811.242.24$5,723
May 19982,58012.622.21$5,692
Apr 19981,24013.042.51$3,107
Mar 19981,11512.802.31$2,575
Feb 19981,71013.952.30$3,932
Jan 19982,88914.702.15$6,225
Dec 19971,24416.322.41$2,999
Nov 19971,54918.193.09$4,784
Oct 199723119.253.15$728
Sep 19971,38417.742.95$4,090
Aug 19972,13317.862.55$5,449
Jul 19971,41717.582.25$3,184
Jun 199756717.242.26$1,280
May 19972,07718.972.31$4,795
Apr 19972,29917.882.08$4,788
Mar 19972,06318.951.94$4,000
Feb 19972,30420.492.21$5,082
Jan 19972,06523.483.54$7,309
Dec 19962,35923.32$0
Nov 19962,25321.97$0
Oct 19962,55623.31$0
Sep 19962,62322.22$0
Aug 19963,27420.26$0
Jul 19962,25019.55$0
Jun 199620618.73$0
May 19962,83119.43$0
Apr 19963,20921.51$0
Mar 19963,63519.38$0
Feb 19962,90216.98$0
Jan 19963,34617.07$0
Dec 19953,01917.19$0
Nov 19952,59616.00$0
Oct 19953,22015.43$0
Sep 19953,82416.18$0
Aug 19953,33215.92$0
Jul 19954,17815.24$0
Jun 19954,07316.41$0
May 19954,28017.56$0
Apr 19954,28817.73$0
Mar 19954,00616.44$0
Feb 19953,67016.58$0
Jan 19954,47415.92$0
Dec 19944,49315.03$0
Nov 19944,59515.90$0
Oct 19944,91815.58$0
Sep 19944,74815.29$0
Aug 19944,90516.13$0
Jul 19944,95417.56$0
Jun 19944,33017.09$0
May 19944,77715.88$0
Apr 19944,68314.14$0
Mar 19944,99912.46$0
Feb 19944,64012.50$0
Jan 19945,55912.66$0
Dec 19935,14312.33$0
Nov 19935,04214.49$0
Oct 19935,99015.85$0
Sep 19935,61515.03$0
Aug 19935,89115.66$0
Jul 19936,34915.46$0
Jun 19936,00216.79$0
May 19934,89217.68$0
Apr 19934,72518.05$0
Mar 19935,45118.14$0
Feb 19935,25717.90$0
Jan 19935,99116.93$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.

Mar 2010 — as filed, then multipliedworked
Gas                   31 Mcf  × $  4.39 =       $136

────────────────────────────────────────────────────
Month total                                     $136

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/24872 is the state's own key, not one this site invented.