POLSTON

Name: POLSTON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NOVO EXPLORATION CORPORATION (P-5 615780) in the FRANCIS K. (GARDNER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 130609District 7BField 32520333GasSave Export

Value, all time

$436 k

Jan 1993 – Mar 2011

Value, last 12 filed months

at the published price for each month

Months reported

219

no gaps in the span

Streams

gas

The FRANCIS K. (GARDNER) field

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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered

1986-08-18

as the register files it

Field class

Oil and 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: “FROM OPERATORS AND PURCHASERS IN THIS FIELD”

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.

Stream	Basis	Volume	Value
Gas	Production	181,840 Mcf	$436,334
Total			$436,334

87,524 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 32.0381, -99.6750. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03811, -99.67498 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

3,950 ft

1 wells filed one

Completion to plug

21.9 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 3,950 ft.

Completions filed

Apr 1989

1 of 1 wells

Plug dates filed

Mar 2011

1 of 1 wells

Last completion to plug: a median of 21.9 years across the 1 well that filed both dates, with the middle half between 21.9 years and 21.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-08334833	4	3,950 ft	Apr 1989	Mar 2011	Yes

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 (219)

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

219 months


Mar 2011	0	96.36	4.06	$0
Feb 2011	0	85.64	4.18	$0
Jan 2011	0	86.50	4.59	$0
Dec 2010	0	85.73	4.35	$0
Nov 2010	0	80.84	3.80	$0
Oct 2010	0	78.10	3.51	$0
Sep 2010	0	72.63	3.98	$0
Aug 2010	0	73.68	4.42	$0
Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	0	71.44	5.48	$0
Nov 2009	0	74.59	3.75	$0
Oct 2009	0	72.54	4.11	$0
Sep 2009	0	65.54	3.06	$0
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	2	66.16	3.90	$8
May 2009	24	54.74	3.93	$94
Apr 2009	150	46.77	3.59	$538
Mar 2009	157	42.14	4.06	$637
Feb 2009	146	32.81	4.63	$676
Jan 2009	196	35.86	5.37	$1,053
Dec 2008	145	37.10	5.98	$867
Nov 2008	145	55.49	6.86	$995
Oct 2008	148	75.24	6.92	$1,024
Sep 2008	134	101.76	7.88	$1,056
Aug 2008	141	114.22	8.48	$1,196
Jul 2008	138	131.08	11.39	$1,572
Jun 2008	128	131.33	13.03	$1,668
May 2008	125	123.17	11.57	$1,447
Apr 2008	126	110.31	10.45	$1,317
Mar 2008	130	101.90	9.66	$1,256
Feb 2008	122	92.53	8.77	$1,070
Jan 2008	126	90.38	8.21	$1,034
Dec 2007	117	88.33	7.30	$854
Nov 2007	122	91.67	7.29	$890
Oct 2007	129	82.85	6.92	$893
Sep 2007	120	75.84	6.24	$749
Aug 2007	146	69.06	6.39	$933
Jul 2007	152	70.90	6.39	$971
Jun 2007	153	62.00	7.55	$1,155
May 2007	157	58.74	7.85	$1,232
Apr 2007	182	59.61	7.81	$1,421
Mar 2007	232	56.92	7.30	$1,694
Feb 2007	200	55.10	8.22	$1,643
Jan 2007	302	50.30	6.73	$2,032
Dec 2006	333	56.65	6.92	$2,304
Nov 2006	336	54.20	7.62	$2,559
Oct 2006	372	54.90	6.01	$2,237
Sep 2006	324	60.08	5.04	$1,632
Aug 2006	398	68.71	7.34	$2,921
Jul 2006	349	69.37	6.34	$2,214
Jun 2006	310	66.28	6.38	$1,979
May 2006	239	66.01	6.42	$1,536
Apr 2006	328	64.39	7.36	$2,414
Mar 2006	201	56.70	7.08	$1,424
Feb 2006	300	57.59	7.75	$2,325
Jan 2006	384	60.59	8.93	$3,430
Dec 2005	455	54.94	13.42	$6,104
Nov 2005	528	54.69	10.59	$5,591
Oct 2005	535	58.34	13.80	$7,381
Sep 2005	531	61.45	12.08	$6,414
Aug 2005	627	61.51	9.80	$6,143
Jul 2005	671	55.69	7.84	$5,263
Jun 2005	669	52.33	7.38	$4,938
May 2005	727	45.22	6.65	$4,835
Apr 2005	743	49.20	7.36	$5,469
Mar 2005	670	50.37	7.15	$4,794
Feb 2005	666	45.22	6.31	$4,204
Jan 2005	780	43.16	6.32	$4,931
Dec 2004	838	39.86	6.75	$5,657
Nov 2004	656	45.28	6.33	$4,153
Oct 2004	783	49.70	6.52	$5,101
Sep 2004	843	43.24	5.28	$4,454
Aug 2004	800	42.37	5.55	$4,441
Jul 2004	853	38.28	6.08	$5,190
Jun 2004	804	36.10	6.43	$5,172
May 2004	866	37.48	6.49	$5,624
Apr 2004	908	34.47	5.86	$5,319
Mar 2004	920	34.36	5.53	$5,088
Feb 2004	906	32.45	5.51	$4,992
Jan 2004	970	32.03	6.30	$6,111
Dec 2003	1,082	30.26	6.30	$6,818
Nov 2003	1,025	28.80	4.60	$4,710
Oct 2003	956	28.17	4.76	$4,550
Sep 2003	961	26.31	4.75	$4,564
Aug 2003	1,040	29.76	5.13	$5,335
Jul 2003	1,058	29.41	5.17	$5,471
Jun 2003	832	28.56	5.98	$4,978
May 2003	1,007	26.59	5.97	$6,014
Apr 2003	1,290	26.67	5.41	$6,975
Mar 2003	1,243	31.14	6.10	$7,577
Feb 2003	1,279	33.48	7.93	$10,137
Jan 2003	1,159	30.31	5.58	$6,470
Dec 2002	763	26.91	4.85	$3,703
Nov 2002	564	24.66	4.14	$2,333
Oct 2002	710	26.46	4.23	$3,003
Sep 2002	534	27.44	3.64	$1,941
Aug 2002	324	25.96	3.16	$1,025
Jul 2002	272	24.58	3.06	$833
Jun 2002	281	23.73	3.34	$938
May 2002	448	24.66	3.58	$1,606
Apr 2002	472	23.65	3.51	$1,658
Mar 2002	516	22.00	3.10	$1,601
Feb 2002	553	18.22	2.38	$1,314
Jan 2002	571	17.17	2.38	$1,357
Dec 2001	603	16.93	2.36	$1,426
Nov 2001	630	18.07	2.41	$1,515
Oct 2001	762	19.78	2.53	$1,927
Sep 2001	814	24.26	2.25	$1,833
Aug 2001	819	24.87	3.05	$2,501
Jul 2001	825	23.93	3.20	$2,638
Jun 2001	802	24.56	3.82	$3,067
May 2001	832	25.52	4.31	$3,584
Apr 2001	824	24.68	5.34	$4,396
Mar 2001	848	24.54	5.38	$4,559
Feb 2001	795	27.75	5.77	$4,585
Jan 2001	846	27.47	8.40	$7,105
Dec 2000	823	26.88	9.12	$7,508
Nov 2000	812	32.21	5.66	$4,594
Oct 2000	832	31.23	5.15	$4,281
Sep 2000	842	31.87	5.19	$4,367
Aug 2000	877	29.64	4.54	$3,982
Jul 2000	903	28.53	4.09	$3,693
Jun 2000	860	29.30	4.40	$3,782
May 2000	836	27.26	3.68	$3,076
Apr 2000	854	24.51	3.12	$2,661
Mar 2000	929	28.42	2.86	$2,657
Feb 2000	877	27.62	2.73	$2,391
Jan 2000	920	25.27	2.48	$2,282
Dec 1999	938	24.28	2.42	$2,273
Nov 1999	895	23.19	2.43	$2,178
Oct 1999	927	20.98	2.80	$2,599
Sep 1999	929	21.75	2.62	$2,433
Aug 1999	879	19.26	2.88	$2,528
Jul 1999	967	17.89	2.37	$2,294
Jun 1999	786	15.94	2.36	$1,857
May 1999	948	15.79	2.32	$2,200
Apr 1999	894	15.10	2.21	$1,974
Mar 1999	878	12.47	1.84	$1,614
Feb 1999	700	9.98	1.82	$1,272
Jan 1999	1,052	10.38	1.90	$1,999
Dec 1998	850	9.20	1.77	$1,507
Nov 1998	969	10.89	2.19	$2,118
Oct 1998	954	12.42	1.97	$1,879
Sep 1998	875	12.59	2.08	$1,822
Aug 1998	1,024	11.30	1.91	$1,953
Jul 1998	820	11.74	2.24	$1,835
Jun 1998	815	11.24	2.24	$1,823
May 1998	1,023	12.62	2.21	$2,257
Apr 1998	993	13.04	2.51	$2,488
Mar 1998	968	12.80	2.31	$2,236
Feb 1998	868	13.95	2.30	$1,996
Jan 1998	902	14.70	2.15	$1,944
Dec 1997	934	16.32	2.41	$2,252
Nov 1997	822	18.19	3.09	$2,539
Oct 1997	1,470	19.25	3.15	$4,630
Sep 1997	1,065	17.74	2.95	$3,147
Aug 1997	604	17.86	2.55	$1,543
Jul 1997	474	17.58	2.25	$1,065
Jun 1997	326	17.24	2.26	$736
May 1997	228	18.97	2.31	$526
Apr 1997	332	17.88	2.08	$691
Mar 1997	379	18.95	1.94	$735
Feb 1997	385	20.49	2.21	$849
Jan 1997	820	23.48	3.54	$2,903
Dec 1996	712	23.32	—	$0
Nov 1996	511	21.97	—	$0
Oct 1996	416	23.31	—	$0
Sep 1996	512	22.22	—	$0
Aug 1996	703	20.26	—	$0
Jul 1996	1,506	19.55	—	$0
Jun 1996	1,297	18.73	—	$0
May 1996	1,788	19.43	—	$0
Apr 1996	1,138	21.51	—	$0
Mar 1996	1,395	19.38	—	$0
Feb 1996	1,263	16.98	—	$0
Jan 1996	1,714	17.07	—	$0
Dec 1995	1,343	17.19	—	$0
Nov 1995	1,400	16.00	—	$0
Oct 1995	1,466	15.43	—	$0
Sep 1995	1,485	16.18	—	$0
Aug 1995	1,500	15.92	—	$0
Jul 1995	1,481	15.24	—	$0
Jun 1995	1,575	16.41	—	$0
May 1995	1,765	17.56	—	$0
Apr 1995	1,845	17.73	—	$0
Mar 1995	1,991	16.44	—	$0
Feb 1995	1,916	16.58	—	$0
Jan 1995	1,730	15.92	—	$0
Dec 1994	1,574	15.03	—	$0
Nov 1994	1,080	15.90	—	$0
Oct 1994	749	15.58	—	$0
Sep 1994	660	15.29	—	$0
Aug 1994	730	16.13	—	$0
Jul 1994	1,041	17.56	—	$0
Jun 1994	1,188	17.09	—	$0
May 1994	1,595	15.88	—	$0
Apr 1994	1,350	14.14	—	$0
Mar 1994	2,144	12.46	—	$0
Feb 1994	2,265	12.50	—	$0
Jan 1994	2,629	12.66	—	$0
Dec 1993	2,680	12.33	—	$0
Nov 1993	2,824	14.49	—	$0
Oct 1993	2,764	15.85	—	$0
Sep 1993	2,375	15.03	—	$0
Aug 1993	2,985	15.66	—	$0
Jul 1993	3,571	15.46	—	$0
Jun 1993	3,737	16.79	—	$0
May 1993	4,111	17.68	—	$0
Apr 1993	4,578	18.05	—	$0
Mar 1993	4,229	18.14	—	$0
Feb 1993	2,749	17.90	—	$0
Jan 1993	1,464	16.93	—	$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.

Jun 2009 — as filed, then multipliedworked

Gas                    2 Mcf  × $  3.90 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/130609 is the state's own key, not one this site invented.