GAILEY

Operated by SUPREME ENERGY COMPANY, INC. (P-5 830589) in the KEN DANDY (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 141817District 7BField 48750300CondensateGasSaveExport
Value, all time
$118 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
239
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 15 leases and 18 wells, and the rule below applies to all of them.

Discovered
1987-07-01
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The Commission's schedule remark for this field reads: FIELD RULES RESCINDED PER DKT. 7C-93,252EFFECTIVE 9/11/89.

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
CondensateDisposition1,427 bbl$49,261
GasProduction26,051 Mcf$68,458
Total$117,719

10,996 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 32.3840, -98.6062. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38402, -98.60623 · 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
3,370 ft
1 wells filed one
Completion to plug
20.6 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 3,370 ft.

Completions filed
Apr 1992
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 20.6 years across the 1 well that filed both dates, with the middle half between 20.6 years and 20.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333758213,370 ftApr 1992Nov 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 (239)

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

239 months

Nov 201265086.953.62$5,652
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 2012061101.652.00$122
Mar 2012069105.052.22$153
Feb 2012070101.102.57$180
Jan 201205198.092.73$139
Dec 201106896.873.24$220
Nov 201108295.723.31$272
Oct 201107284.983.65$263
Sep 201108283.623.99$327
Aug 201109583.404.15$394
Jul 201108594.144.52$384
Jun 201106692.904.64$306
May 201107298.134.40$317
Apr 2011060105.964.33$260
Mar 201106596.364.06$264
Feb 201106585.644.18$272
Jan 201105486.504.59$248
Dec 201006185.734.35$265
Nov 201005780.843.80$216
Oct 201004978.103.51$172
Sep 201004172.633.98$163
Aug 201002373.684.42$102
Jul 201002672.554.74$123
Jun 201007470.364.91$363
May 201009271.124.24$390
Apr 201007881.694.12$322
Mar 201003478.394.39$149
Feb 201002773.585.44$147
Jan 20101529774.365.96$11,881
Dec 200908771.445.48$477
Nov 200909074.593.75$338
Oct 200908572.544.11$349
Sep 200908665.543.06$264
Aug 200909367.423.22$299
Jul 200908761.133.46$301
Jun 200908666.163.90$335
May 200905654.743.93$220
Apr 200905146.773.59$183
Mar 200906142.144.06$248
Feb 200906632.814.63$306
Jan 200907635.865.37$408
Dec 200808337.105.98$496
Nov 200806155.496.86$418
Oct 200807575.246.92$519
Sep 2008051101.767.88$402
Aug 2008049114.228.48$416
Jul 2008059131.0811.39$672
Jun 2008079131.3313.03$1,030
May 2008078123.1711.57$903
Apr 2008072110.3110.45$753
Mar 2008074101.909.66$715
Feb 200807492.538.77$649
Jan 200806890.388.21$558
Dec 200707588.337.30$548
Nov 200707391.677.29$532
Oct 200707382.856.92$505
Sep 200707575.846.24$468
Aug 200708369.066.39$530
Jul 20070670.906.39$38
Jun 20071325562.007.55$8,599
May 200708158.747.85$636
Apr 200708059.617.81$624
Mar 200708356.927.30$606
Feb 200705255.108.22$427
Jan 200704150.306.73$276
Dec 200606056.656.92$415
Nov 200606054.207.62$457
Oct 200606254.906.01$373
Sep 200606060.085.04$302
Aug 200606868.717.34$499
Jul 200607069.376.34$444
Jun 200606866.286.38$434
May 200607066.016.42$450
Apr 200605664.397.36$412
Mar 200604156.707.08$290
Feb 200605857.597.75$450
Jan 200606060.598.93$536
Dec 200506054.9413.42$805
Nov 200507154.6910.59$752
Oct 200507758.3413.80$1,062
Sep 200507661.4512.08$918
Aug 200508361.519.80$813
Jul 200507455.697.84$580
Jun 2005777252.337.38$4,561
May 200507145.226.65$472
Apr 200507249.207.36$530
Mar 200506850.377.15$487
Feb 200506145.226.31$385
Jan 200506643.166.32$417
Dec 200405739.866.75$385
Nov 200405945.286.33$373
Oct 200405149.706.52$332
Sep 200405943.245.28$312
Aug 200404742.375.55$261
Jul 200406838.286.08$414
Jun 200406436.106.43$412
May 2004826237.486.49$3,476
Apr 200406534.475.86$381
Mar 200405834.365.53$321
Feb 200405032.455.51$275
Jan 200406032.036.30$378
Dec 200306430.266.30$403
Nov 200305628.804.60$257
Oct 200307028.174.76$333
Sep 200306826.314.75$323
Aug 200306329.765.13$323
Jul 200306029.415.17$310
Jun 200307128.565.98$425
May 200307126.595.97$424
Apr 200302326.675.41$124
Mar 2003654531.146.10$2,298
Feb 200306733.487.93$531
Jan 200307430.315.58$413
Dec 200207026.914.85$340
Nov 200207124.664.14$294
Oct 200207626.464.23$321
Sep 200207627.443.64$276
Aug 200208425.963.16$266
Jul 200207124.583.06$217
Jun 200208223.733.34$274
May 2002010424.663.58$373
Apr 200204423.653.51$155
Mar 20021462822.003.10$3,299
Feb 200206018.222.38$143
Jan 200205617.172.38$133
Dec 200107516.932.36$177
Nov 200107118.072.41$171
Oct 200109019.782.53$228
Sep 2001012324.262.25$277
Aug 200108924.873.05$272
Jul 2001010123.933.20$323
Jun 2001010724.563.82$409
May 200108925.524.31$383
Apr 200109324.685.34$496
Mar 200108824.545.38$473
Feb 200108027.755.77$461
Jan 200108527.478.40$714
Dec 200008826.889.12$803
Nov 200007532.215.66$424
Oct 200008831.235.15$453
Sep 200008931.875.19$462
Aug 2000011329.644.54$513
Jul 2000011228.534.09$458
Jun 200009529.304.40$418
May 200009927.263.68$364
Apr 200009524.513.12$296
Mar 200009728.422.86$277
Feb 200008827.622.73$240
Jan 200009525.272.48$236
Dec 199909124.282.42$221
Nov 199909023.192.43$219
Oct 1999010120.982.80$283
Sep 1999010321.752.62$270
Aug 1999011419.262.88$328
Jul 1999011417.892.37$270
Jun 1999010915.942.36$257
May 199914711315.792.32$2,583
Apr 1999010715.102.21$236
Mar 1999010012.471.84$184
Feb 19990979.981.82$176
Jan 1999011010.381.90$209
Dec 19980999.201.77$176
Nov 1998011410.892.19$249
Oct 1998012712.421.97$250
Sep 1998013112.592.08$273
Aug 1998014711.301.91$280
Jul 1998015311.742.24$342
Jun 1998015311.242.24$342
May 1998017812.622.21$393
Apr 19980213.042.51$5
Mar 1998013712.802.31$316
Feb 1998012013.952.30$276
Jan 1998014214.702.15$306
Dec 1997014216.322.41$342
Nov 1997014518.193.09$448
Oct 1997016619.253.15$523
Sep 1997016917.742.95$499
Aug 1997016517.862.55$422
Jul 1997017317.582.25$389
Jun 19978617617.242.26$1,880
May 1997018518.972.31$427
Apr 1997016317.882.08$339
Mar 1997016618.951.94$322
Feb 1997014020.492.21$309
Jan 1997015023.483.54$531
Dec 1996015823.32$0
Nov 1996014621.97$0
Oct 1996016923.31$0
Sep 1996016922.22$0
Aug 1996018620.26$0
Jul 1996019119.55$0
Jun 19968118718.73$1,517
May 1996019619.43$0
Apr 1996018621.51$0
Mar 1996019519.38$0
Feb 1996014816.98$0
Jan 1996018517.07$0
Dec 1995019617.19$0
Nov 1995019816.00$0
Oct 1995021915.43$0
Sep 1995023316.18$0
Aug 1995023315.92$0
Jul 199510023915.24$1,524
Jun 1995024516.41$0
May 1995023517.56$0
Apr 1995025317.73$0
Mar 1995024816.44$0
Feb 1995022916.58$0
Jan 1995024815.92$0
Dec 1994027415.03$0
Nov 1994024415.90$0
Oct 1994027515.58$0
Sep 1994026615.29$0
Aug 1994028316.13$0
Jul 1994028517.56$0
Jun 1994027217.09$0
May 199414425815.88$2,287
Apr 1994020114.14$0
Mar 1994021212.46$0
Feb 1994018512.50$0
Jan 1994020712.66$0
Dec 1993021812.33$0
Nov 1993021914.49$0
Oct 1993024015.85$0
Sep 1993025715.03$0
Aug 1993028615.66$0
Jul 1993026915.46$0
Jun 1993027016.79$0
May 199315028217.68$2,652
Apr 1993027318.05$0
Mar 1993027418.14$0
Feb 1993026417.90$0
Jan 1993029016.93$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.

Nov 2012 — as filed, then multipliedworked
Condensate            65 bbl  × $ 86.95 =     $5,652
Gas                    0 Mcf  × $  3.62 =         $0

────────────────────────────────────────────────────
Month total                                   $5,652

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/141817 is the state's own key, not one this site invented.