GIBSON-BELDING

Operated by PITCOCK, INC. (P-5 665870) in the B.R.A. (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103832District 7BField 04809500CondensateGasSaveExport
Value, all time
$122 k
Jan 1993 – Apr 2016
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
280
no gaps in the span
Streams
2
condensate, 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 58 leases and 59 wells, and the rule below applies to all of them.

Discovered
1979-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1988-12-19.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/98.

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
CondensateDisposition143 bbl$6,188
GasProduction46,317 Mcf$115,606
Total$121,794

18,603 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 32.8462, -98.4686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.84622, -98.46857 · 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
4,250 ft
1 wells filed one
Completion to plug
30.3 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 4,250 ft.

Completions filed
Dec 1981
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 30.3 years across the 1 well that filed both dates, with the middle half between 30.3 years and 30.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633276374,250 ftDec 1981Mar 2012Yes

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 (280)

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

280 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201648026.472.06$1,271
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
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 20140090.404.86$0
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 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012420101.102.57$4,246
Jan 201205298.092.73$142
Dec 201106596.873.24$211
Nov 201106495.723.31$212
Oct 201104384.983.65$157
Sep 201106083.623.99$239
Aug 201108183.404.15$336
Jul 201108694.144.52$388
Jun 201107392.904.64$339
May 2011010998.134.40$480
Apr 2011049105.964.33$212
Mar 201108796.364.06$353
Feb 201103385.644.18$138
Jan 201107186.504.59$326
Dec 201006885.734.35$296
Nov 201006980.843.80$262
Oct 201008478.103.51$295
Sep 201007272.633.98$287
Aug 201004673.684.42$203
Jul 201006372.554.74$298
Jun 201006270.364.91$304
May 201007671.124.24$322
Apr 201005881.694.12$239
Mar 201007378.394.39$320
Feb 201004873.585.44$261
Jan 201002474.365.96$143
Dec 200903971.445.48$214
Nov 200904374.593.75$161
Oct 200903972.544.11$160
Sep 200903965.543.06$120
Aug 200905167.423.22$164
Jul 200907461.133.46$256
Jun 200905466.163.90$210
May 200904354.743.93$169
Apr 200904546.773.59$161
Mar 200905442.144.06$219
Feb 200906232.814.63$287
Jan 200905635.865.37$301
Dec 200805937.105.98$353
Nov 200806655.496.86$453
Oct 200807375.246.92$505
Sep 2008083101.767.88$654
Aug 20080104114.228.48$882
Jul 20080110131.0811.39$1,253
Jun 20080101131.3313.03$1,316
May 20080107123.1711.57$1,238
Apr 2008085110.3110.45$889
Mar 2008091101.909.66$879
Feb 200809792.538.77$851
Jan 200809490.388.21$771
Dec 2007010188.337.30$738
Nov 200709891.677.29$715
Oct 2007010282.856.92$706
Sep 2007011375.846.24$706
Aug 2007011269.066.39$715
Jul 2007011170.906.39$709
Jun 2007012762.007.55$959
May 2007012658.747.85$989
Apr 2007010559.617.81$820
Mar 2007010356.927.30$752
Feb 200704755.108.22$386
Jan 200704250.306.73$283
Dec 200608356.656.92$574
Nov 200605054.207.62$381
Oct 200608354.906.01$499
Sep 2006011360.085.04$569
Aug 2006013168.717.34$962
Jul 2006014569.376.34$920
Jun 2006013666.286.38$868
May 2006012566.016.42$803
Apr 2006011064.397.36$810
Mar 200608356.707.08$588
Feb 200605757.597.75$442
Jan 200606360.598.93$563
Dec 200507854.9413.42$1,046
Nov 200508754.6910.59$921
Oct 200509358.3413.80$1,283
Sep 2005012261.4512.08$1,474
Aug 2005012861.519.80$1,254
Jul 2005013255.697.84$1,035
Jun 200509852.337.38$723
May 2005011645.226.65$772
Apr 2005010249.207.36$751
Mar 2005016350.377.15$1,166
Feb 200507745.226.31$486
Jan 200509643.166.32$607
Dec 200407539.866.75$506
Nov 2004011845.286.33$747
Oct 200409449.706.52$612
Sep 200408543.245.28$449
Aug 200408542.375.55$472
Jul 2004011238.286.08$681
Jun 200408236.106.43$528
May 200408337.486.49$539
Apr 200403434.475.86$199
Mar 200404034.365.53$221
Feb 20040132.455.51$6
Jan 200405832.036.30$365
Dec 200308030.266.30$504
Nov 200306928.804.60$317
Oct 200303928.174.76$186
Sep 2003010326.314.75$489
Aug 2003010329.765.13$528
Jul 2003015029.415.17$776
Jun 2003015928.565.98$951
May 2003014626.595.97$872
Apr 2003015626.675.41$844
Mar 2003012631.146.10$768
Feb 2003011533.487.93$911
Jan 2003013230.315.58$737
Dec 2002013326.914.85$646
Nov 2002012824.664.14$530
Oct 2002015426.464.23$651
Sep 2002013327.443.64$483
Aug 2002019025.963.16$601
Jul 2002017324.583.06$530
Jun 2002018523.733.34$618
May 2002019924.663.58$713
Apr 2002020823.653.51$731
Mar 2002019122.003.10$593
Feb 2002016818.222.38$399
Jan 2002021217.172.38$504
Dec 2001019916.932.36$471
Nov 2001021218.072.41$510
Oct 2001025519.782.53$645
Sep 2001018624.262.25$419
Aug 2001020824.873.05$635
Jul 2001021723.933.20$694
Jun 2001023524.563.82$899
May 2001027125.524.31$1,167
Apr 2001027224.685.34$1,451
Mar 2001026224.545.38$1,409
Feb 2001021327.755.77$1,228
Jan 2001018227.478.40$1,529
Dec 2000014526.889.12$1,323
Nov 2000021332.215.66$1,205
Oct 2000022231.235.15$1,142
Sep 2000025131.875.19$1,302
Aug 2000020629.644.54$935
Jul 2000021628.534.09$883
Jun 2000021929.304.40$963
May 2000022527.263.68$828
Apr 2000022224.513.12$692
Mar 2000020928.422.86$598
Feb 2000023027.622.73$627
Jan 2000026425.272.48$655
Dec 1999023924.282.42$579
Nov 1999023823.192.43$579
Oct 1999025620.982.80$718
Sep 1999028021.752.62$733
Aug 1999031519.262.88$906
Jul 1999032217.892.37$764
Jun 1999027915.942.36$659
May 1999026915.792.32$624
Apr 1999027815.102.21$614
Mar 1999035912.471.84$660
Feb 199903219.981.82$584
Jan 1999041210.381.90$783
Dec 199803389.201.77$599
Nov 1998034810.892.19$761
Oct 1998028112.421.97$553
Sep 1998028712.592.08$598
Aug 1998027911.301.91$532
Jul 1998031311.742.24$700
Jun 1998031411.242.24$703
May 1998034812.622.21$768
Apr 1998030913.042.51$774
Mar 1998030712.802.31$709
Feb 1998028413.952.30$653
Jan 1998034314.702.15$739
Dec 1997037116.322.41$895
Nov 1997030418.193.09$939
Oct 1997033319.253.15$1,049
Sep 1997032717.742.95$966
Aug 1997034317.862.55$876
Jul 1997034417.582.25$773
Jun 1997026517.242.26$598
May 1997030518.972.31$704
Apr 1997030117.882.08$627
Mar 1997031518.951.94$611
Feb 1997032620.492.21$719
Jan 1997026523.483.54$938
Dec 1996032523.32$0
Nov 1996032521.97$0
Oct 1996034623.31$0
Sep 1996029622.22$0
Aug 1996034020.26$0
Jul 1996035119.55$0
Jun 1996038918.73$0
May 1996042419.43$0
Apr 1996041621.51$0
Mar 1996038619.38$0
Feb 1996028216.98$0
Jan 1996034517.07$0
Dec 1995044417.19$0
Nov 1995035216.00$0
Oct 1995042115.43$0
Sep 1995045216.18$0
Aug 1995044215.92$0
Jul 1995036115.24$0
Jun 1995043716.41$0
May 1995048817.56$0
Apr 1995053017.73$0
Mar 1995055416.44$0
Feb 1995052416.58$0
Jan 1995055515.92$0
Dec 1994053315.03$0
Nov 1994051115.90$0
Oct 1994048415.58$0
Sep 1994030215.29$0
Aug 1994023016.13$0
Jul 1994023317.56$0
Jun 1994022817.09$0
May 1994021815.88$0
Apr 1994026914.14$0
Mar 1994040812.46$0
Feb 1994020412.50$0
Jan 19945330312.66$671
Dec 1993031212.33$0
Nov 1993042714.49$0
Oct 1993035415.85$0
Sep 1993036715.03$0
Aug 1993037915.66$0
Jul 1993048515.46$0
Jun 1993040516.79$0
May 1993050917.68$0
Apr 1993044218.05$0
Mar 1993046318.14$0
Feb 1993036217.90$0
Jan 1993039016.93$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.

Feb 2016 — as filed, then multipliedworked
Condensate            48 bbl  × $ 26.47 =     $1,271
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,271

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. 7B/G/103832 is the state's own key, not one this site invented.