GALLAGHER

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the J.J.O. (4450 CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121027District 7BField 45036600NGPA filingCondensateGasSaveExport
Value, all time
$140 k
Jan 1993 – Feb 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
170
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1985-02-25
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 01/01/86.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition328 bbl$5,767
GasProduction80,523 Mcf$134,644
Total$140,411

36,092 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 32.8760, -98.1556. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.87605, -98.15561 · 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
4,525 ft
1 wells filed one
Completion to plug
20.8 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 4,525 ft.

Completions filed
Apr 1986
1 of 1 wells
Plug dates filed
Feb 2007
1 of 1 wells

Last completion to plug: a median of 20.8 years across the 1 well that filed both dates, with the middle half between 20.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633371344,525 ftApr 1986Feb 2007Yes

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 (170)

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

170 months

Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
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 2002031926.464.23$1,349
Sep 2002072827.443.64$2,646
Aug 2002084825.963.16$2,683
Jul 2002073724.583.06$2,257
Jun 2002061323.733.34$2,046
May 2002074724.663.58$2,677
Apr 2002089823.653.51$3,154
Mar 2002089922.003.10$2,789
Feb 2002087018.222.38$2,067
Jan 200201,02917.172.38$2,445
Dec 2001094416.932.36$2,232
Nov 200101,04918.072.41$2,523
Oct 200101,03019.782.53$2,605
Sep 2001099724.262.25$2,245
Aug 2001081224.873.05$2,479
Jul 200101,04223.933.20$3,331
Jun 2001093724.563.82$3,583
May 2001090525.524.31$3,898
Apr 2001075424.685.34$4,023
Mar 2001048424.545.38$2,602
Feb 2001035827.755.77$2,065
Jan 2001035827.478.40$3,007
Dec 2000052726.889.12$4,808
Nov 2000027532.215.66$1,556
Oct 2000050531.235.15$2,598
Sep 2000067331.875.19$3,491
Aug 2000061429.644.54$2,788
Jul 2000024328.534.09$994
Jun 2000023529.304.40$1,033
May 2000071327.263.68$2,624
Apr 2000067724.513.12$2,110
Mar 2000080328.422.86$2,296
Feb 200005527.622.73$150
Jan 2000041625.272.48$1,032
Dec 1999043924.282.42$1,064
Nov 1999038223.192.43$930
Oct 1999047920.982.80$1,343
Sep 1999061921.752.62$1,621
Aug 1999068419.262.88$1,967
Jul 1999069417.892.37$1,646
Jun 1999063315.942.36$1,495
May 1999061515.792.32$1,427
Apr 1999049715.102.21$1,097
Mar 1999079912.471.84$1,469
Feb 199906779.981.82$1,231
Jan 1999067010.381.90$1,273
Dec 199808129.201.77$1,440
Nov 1998067010.892.19$1,464
Oct 1998058012.421.97$1,142
Sep 1998051712.592.08$1,077
Aug 1998032111.301.91$612
Jul 1998045511.742.24$1,018
Jun 1998049711.242.24$1,112
May 1998053812.622.21$1,187
Apr 1998057813.042.51$1,448
Mar 1998050112.802.31$1,157
Feb 1998031913.952.30$733
Jan 1998025614.702.15$552
Dec 1997048816.322.41$1,177
Nov 1997070818.193.09$2,186
Oct 199710568419.253.15$4,176
Sep 1997073017.742.95$2,157
Aug 1997083017.862.55$2,120
Jul 1997037417.582.25$840
Jun 1997030817.242.26$695
May 1997070718.972.31$1,632
Apr 1997081317.882.08$1,693
Mar 1997073018.951.94$1,416
Feb 1997094020.492.21$2,074
Jan 1997079323.483.54$2,807
Dec 1996071123.32$0
Nov 1996073121.97$0
Oct 1996082423.31$0
Sep 199601,05822.22$0
Aug 1996088520.26$0
Jul 1996059419.55$0
Jun 1996083618.73$0
May 1996070019.43$0
Apr 1996064321.51$0
Mar 19965272119.38$1,008
Feb 1996062916.98$0
Jan 1996067417.07$0
Dec 1995067217.19$0
Nov 19950016.00$0
Oct 1995010715.43$0
Sep 1995054016.18$0
Aug 1995043215.92$0
Jul 1995062215.24$0
Jun 1995060816.41$0
May 1995061417.56$0
Apr 1995073517.73$0
Mar 1995097016.44$0
Feb 1995072516.58$0
Jan 19954288315.92$669
Dec 199401,01815.03$0
Nov 1994070915.90$0
Oct 1994086715.58$0
Sep 1994086715.29$0
Aug 199401,06216.13$0
Jul 199401,05417.56$0
Jun 19943492417.09$581
May 1994079415.88$0
Apr 1994090714.14$0
Mar 199401,02712.46$0
Feb 19942631512.50$325
Jan 1994079612.66$0
Dec 1993086312.33$0
Nov 1993051514.49$0
Oct 19933174315.85$491
Sep 1993098215.03$0
Aug 1993088115.66$0
Jul 1993079715.46$0
Jun 1993070816.79$0
May 19933889517.68$672
Apr 1993074118.05$0
Mar 1993098418.14$0
Feb 1993087417.90$0
Jan 1993085516.93$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.

Oct 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.46 =         $0
Gas                  319 Mcf  × $  4.23 =     $1,349

────────────────────────────────────────────────────
Month total                                   $1,349

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/121027 is the state's own key, not one this site invented.