GAILEY,N.C.

Operated by BRAKA OPERATING, L.L.C. (P-5 88563) in the GAILEY-ALLEN (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128603District 7BField 33708500CondensateGasSaveExport
Value, all time
$56 k
Jan 1993 – Sep 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
357
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1979-03-09
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: CHANGED TO GAILEY-ALLEN PER RRC LETTER DATED 2/26/79. DT.

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
CondensateDisposition619 bbl$9,487
GasProduction48,761 Mcf$46,365
Total$55,852

36,287 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 32.4527, -98.5058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45268, -98.50584 · 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
3,400 ft
1 wells filed one
Completion to plug
34.0 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 3,400 ft.

Completions filed
Sep 1988
1 of 1 wells
Plug dates filed
Sep 2022
1 of 1 wells

Last completion to plug: a median of 34.0 years across the 1 well that filed both dates, with the middle half between 34.0 years and 34.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333228453,400 ftSep 1988Sep 2022Yes

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 (357)

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

357 months

Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190462.632.75$11
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180552.934.24$21
Oct 20180161.443.40$3
Sep 20180059.543.11$0
Aug 20180459.403.07$12
Jul 20180265.142.93$6
Jun 201801260.183.08$37
May 20180965.382.90$26
Apr 201801763.842.90$49
Mar 201802161.222.79$59
Feb 20180461.782.77$11
Jan 201801062.874.01$40
Dec 201701857.272.92$53
Nov 201701155.423.12$34
Oct 20170949.292.98$27
Sep 201702047.523.09$62
Aug 201702045.373.00$60
Jul 20170443.873.09$12
Jun 201702142.493.09$65
May 201701245.373.26$39
Apr 201702147.933.21$67
Mar 201701046.772.98$30
Feb 201701550.452.95$44
Jan 201703549.413.42$120
Dec 201603348.763.72$123
Nov 201602542.492.64$66
Oct 201602746.193.09$83
Sep 201602741.553.10$84
Aug 201603441.442.92$99
Jul 20160441.622.92$12
Jun 201603145.352.69$83
May 201602442.521.99$48
Apr 201602536.561.99$50
Mar 201603533.011.79$63
Feb 201603626.472.06$74
Jan 201602627.352.36$61
Dec 20150332.362.00$6
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201501540.162.87$43
Jul 201502848.152.95$82
Jun 201502256.152.88$63
May 201502455.212.96$71
Apr 201502849.822.71$76
Mar 201503242.892.93$94
Feb 201503444.662.98$101
Jan 201503743.433.10$115
Dec 201403554.693.59$126
Nov 201402870.464.25$119
Oct 201402278.303.90$86
Sep 201402786.164.05$109
Aug 201402089.394.04$81
Jul 201402496.564.18$100
Jun 201402598.164.74$118
May 201402394.734.73$109
Apr 201402595.944.81$120
Mar 201403395.895.06$167
Feb 201402597.406.19$155
Jan 201402490.404.86$117
Dec 20130491.824.35$17
Nov 201301788.853.74$64
Oct 201302397.423.78$87
Sep 2013026104.113.72$97
Aug 2013023104.253.52$81
Jul 2013028102.523.72$104
Jun 201303094.403.93$118
May 201302994.834.15$120
Apr 201302893.964.28$120
Mar 201303293.623.91$125
Feb 201302691.233.42$89
Jan 201302491.603.42$82
Dec 201202286.773.42$75
Nov 201201086.953.62$36
Oct 20120989.383.40$31
Sep 201201094.672.92$29
Aug 20120092.662.91$0
Jul 20120185.133.02$3
Jun 20120179.822.52$3
May 20120191.612.49$2
Apr 201202,372101.652.00$4,736
Mar 201206105.052.22$13
Feb 201207101.102.57$18
Jan 20120598.092.73$14
Dec 20110796.873.24$23
Nov 20110995.723.31$30
Oct 20110984.983.65$33
Sep 20110983.623.99$36
Aug 20110983.404.15$37
Jul 20110994.144.52$41
Jun 201101092.904.64$46
May 201101098.134.40$44
Apr 2011010105.964.33$43
Mar 20110996.364.06$37
Feb 20110585.644.18$21
Jan 20110786.504.59$32
Dec 201001485.734.35$61
Nov 201001580.843.80$57
Oct 20100678.103.51$21
Sep 20100072.633.98$0
Aug 20100173.684.42$4
Jul 20100672.554.74$28
Jun 20100470.364.91$20
May 201001271.124.24$51
Apr 20100381.694.12$12
Mar 20100378.394.39$13
Feb 20100673.585.44$33
Jan 20100074.365.96$0
Dec 20090271.445.48$11
Nov 20090074.593.75$0
Oct 20090472.544.11$16
Sep 20090365.543.06$9
Aug 20090267.423.22$6
Jul 20090261.133.46$7
Jun 20090566.163.90$19
May 20090754.743.93$27
Apr 200901046.773.59$36
Mar 200901142.144.06$45
Feb 200901232.814.63$56
Jan 20090835.865.37$43
Dec 200801037.105.98$60
Nov 200801055.496.86$69
Oct 200801175.246.92$76
Sep 200805101.767.88$39
Aug 2008014114.228.48$119
Jul 200808131.0811.39$91
Jun 2008012131.3313.03$156
May 2008013123.1711.57$150
Apr 2008011110.3110.45$115
Mar 2008012101.909.66$116
Feb 200801092.538.77$88
Jan 20080790.388.21$57
Dec 200701088.337.30$73
Nov 20070991.677.29$66
Oct 20070982.856.92$62
Sep 200701275.846.24$75
Aug 20070869.066.39$51
Jul 20070870.906.39$51
Jun 20070662.007.55$45
May 200701458.747.85$110
Apr 200701559.617.81$117
Mar 200701656.927.30$117
Feb 200701455.108.22$115
Jan 200702550.306.73$168
Dec 200604556.656.92$311
Nov 200604554.207.62$343
Oct 200604554.906.01$271
Sep 200604560.085.04$227
Aug 200604568.717.34$330
Jul 200604569.376.34$285
Jun 200604566.286.38$287
May 200604566.016.42$289
Apr 200604564.397.36$331
Mar 200604556.707.08$319
Feb 200604557.597.75$349
Jan 200604560.598.93$402
Dec 200504554.9413.42$604
Nov 200505354.6910.59$561
Oct 200504558.3413.80$621
Sep 200504361.4512.08$519
Aug 200505261.519.80$509
Jul 20050155.697.84$8
Jun 200504352.337.38$317
May 200505145.226.65$339
Apr 200505449.207.36$397
Mar 200505750.377.15$408
Feb 200505045.226.31$316
Jan 200505843.166.32$367
Dec 200405239.866.75$351
Nov 200405545.286.33$348
Oct 200406149.706.52$397
Sep 200404943.245.28$259
Aug 200406342.375.55$350
Jul 200405938.286.08$359
Jun 200404936.106.43$315
May 200406637.486.49$429
Apr 200404934.475.86$287
Mar 200405934.365.53$326
Feb 200405632.455.51$309
Jan 200406432.036.30$403
Dec 200306630.266.30$416
Nov 200305928.804.60$271
Oct 200305228.174.76$248
Sep 200303126.314.75$147
Aug 200306329.765.13$323
Jul 200304529.415.17$233
Jun 200305028.565.98$299
May 200306526.595.97$388
Apr 200306326.675.41$341
Mar 200306931.146.10$421
Feb 200304633.487.93$365
Jan 200304630.315.58$257
Dec 20020026.914.85$0
Nov 200202324.664.14$95
Oct 200204326.464.23$182
Sep 200204627.443.64$167
Aug 200204825.963.16$152
Jul 200204824.583.06$147
Jun 200204523.733.34$150
May 200204324.663.58$154
Apr 200204723.653.51$165
Mar 200205022.003.10$155
Feb 200204118.222.38$97
Jan 200204717.172.38$112
Dec 200104716.932.36$111
Nov 200104718.072.41$113
Oct 200104819.782.53$121
Sep 200105024.262.25$113
Aug 200104624.873.05$140
Jul 200105323.933.20$169
Jun 200106324.563.82$241
May 200104425.524.31$190
Apr 200105524.685.34$293
Mar 200106624.545.38$355
Feb 200105927.755.77$340
Jan 200106527.478.40$546
Dec 200006026.889.12$547
Nov 200007232.215.66$407
Oct 200006531.235.15$334
Sep 200007031.875.19$363
Aug 200007029.644.54$318
Jul 200006528.534.09$266
Jun 200006429.304.40$281
May 200006427.263.68$236
Apr 200006324.513.12$196
Mar 200007328.422.86$209
Feb 200007027.622.73$191
Jan 200006425.272.48$159
Dec 199908524.282.42$206
Nov 199906023.192.43$146
Oct 199906720.982.80$188
Sep 199907521.752.62$196
Aug 199908319.262.88$239
Jul 199907917.892.37$187
Jun 199907415.942.36$175
May 199908815.792.32$204
Apr 199908315.102.21$183
Mar 199909212.471.84$169
Feb 19990799.981.82$144
Jan 199909110.381.90$173
Dec 19980739.201.77$129
Nov 199809910.892.19$216
Oct 1998012312.421.97$242
Sep 1998011612.592.08$242
Aug 1998013411.301.91$256
Jul 1998012911.742.24$289
Jun 1998020311.242.24$454
May 1998020812.622.21$459
Apr 1998016113.042.51$403
Mar 1998016912.802.31$390
Feb 1998017513.952.30$402
Jan 1998020814.702.15$448
Dec 1997024916.322.41$600
Nov 1997026418.193.09$815
Oct 1997022019.253.15$693
Sep 1997018417.742.95$544
Aug 1997376217.862.55$819
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 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996012023.32$0
Nov 199608221.97$0
Oct 1996023623.31$0
Sep 1996014922.22$0
Aug 1996015420.26$0
Jul 199604519.55$0
Jun 199603218.73$0
May 199605119.43$0
Apr 199602821.51$0
Mar 199605119.38$0
Feb 1996035216.98$0
Jan 1996050317.07$0
Dec 199501617.19$0
Nov 1995050016.00$0
Oct 19950815.43$0
Sep 1995063616.18$0
Aug 19950815.92$0
Jul 19959811715.24$1,494
Jun 1995042816.41$0
May 19952667617.56$457
Apr 1995053717.73$0
Mar 1995084516.44$0
Feb 1995073716.58$0
Jan 199501,14215.92$0
Dec 199401,14615.03$0
Nov 199401,14215.90$0
Oct 199401,02815.58$0
Sep 199401,14215.29$0
Aug 1994901,32516.13$1,452
Jul 199401,46117.56$0
Jun 1994072417.09$0
May 199401,34615.88$0
Apr 199401,05114.14$0
Mar 19941661,24012.46$2,068
Feb 1994083512.50$0
Jan 1994087512.66$0
Dec 199301,05812.33$0
Nov 1993182,03914.49$261
Oct 199301,10415.85$0
Sep 199301,14215.03$0
Aug 199301,07615.66$0
Jul 199301,28215.46$0
Jun 19931421,37516.79$2,384
May 199301,95417.68$0
Apr 199301,15418.05$0
Mar 199301,13018.14$0
Feb 1993087517.90$0
Jan 1993421,33016.93$711

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.

Apr 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.63 =         $0
Gas                    4 Mcf  × $  2.75 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/128603 is the state's own key, not one this site invented.