SIKES

Operated by GIPSON, TOM C. (P-5 307396) in the LAKE LEON (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 113420District 7BField 51491300Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$2 k
Jan 1993 – Jun 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
126
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 98 leases and 108 wells, and the rule below applies to all of them.

Discovered
1976-02-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1988-02-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPTIONS OF 20 AC W/1100 FT DIAG.

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
CondensateDisposition51 bbl$879
GasProduction18,572 Mcf$1,076
Total$1,955

18,248 Mcf of this lease's gas, across 47 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 32.3980, -98.7607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39796, -98.76070 · 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
3,620 ft
1 wells filed one
Completion to plug
24.0 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 3,620 ft.

Completions filed
Jun 1979
1 of 1 wells
Plug dates filed
Jun 2003
1 of 1 wells

Last completion to plug: a median of 24.0 years across the 1 well that filed both dates, with the middle half between 24.0 years and 24.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333187013,620 ftJun 1979Jun 2003Yes

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 (126)

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

126 months

Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 199705320.492.21$117
Jan 19971327123.483.54$1,265
Dec 1996030623.32$0
Nov 1996027221.97$0
Oct 1996022923.31$0
Sep 1996029422.22$0
Aug 1996029220.26$0
Jul 1996022819.55$0
Jun 199604618.73$0
May 19960019.43$0
Apr 1996014221.51$0
Mar 1996022119.38$0
Feb 1996015516.98$0
Jan 1996022817.07$0
Dec 1995037917.19$0
Nov 1995039516.00$0
Oct 1995038315.43$0
Sep 1995021716.18$0
Aug 1995045415.92$0
Jul 1995055915.24$0
Jun 1995054116.41$0
May 1995063117.56$0
Apr 1995066917.73$0
Mar 1995057216.44$0
Feb 1995033716.58$0
Jan 1995057115.92$0
Dec 19943649815.03$541
Nov 1994045915.90$0
Oct 1994040115.58$0
Sep 1994038715.29$0
Aug 1994044316.13$0
Jul 1994037917.56$0
Jun 1994051517.09$0
May 1994056115.88$0
Apr 1994055714.14$0
Mar 1994060012.46$0
Feb 1994047612.50$0
Jan 1994048212.66$0
Dec 1993040312.33$0
Nov 1993033614.49$0
Oct 1993130615.85$16
Sep 1993034415.03$0
Aug 1993034715.66$0
Jul 1993037015.46$0
Jun 1993136616.79$17
May 1993036517.68$0
Apr 1993037218.05$0
Mar 1993040518.14$0
Feb 1993035817.90$0
Jan 1993039716.93$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 1997 — as filed, then multipliedworked
Condensate             0 bbl  × $ 20.49 =         $0
Gas                   53 Mcf  × $  2.21 =       $117

────────────────────────────────────────────────────
Month total                                     $117

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/113420 is the state's own key, not one this site invented.