GOODLETT

Operated by BASAL CORPORATION (P-5 53975) in the GRANBURY, NE. (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158592District 7BField 36333400CondensateGasSaveExport
Value, all time
$398 k
Apr 1996 – Oct 2016
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
247
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 71 leases and 71 wells, and the rule below applies to all of them.

Discovered
1979-09-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1989-04-03.

The Commission's schedule remark for this field reads: OPTIONAL ACREAGE OF 40 ACRES W/2100' 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
CondensateDisposition303 bbl$9,413
GasProduction149,350 Mcf$388,479
Total$397,892

42,192 Mcf of this lease's gas, across 9 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 32.5351, -97.7251. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53508, -97.72507 · 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
5,700 ft
1 wells filed one
Completion to plug
20.4 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 5,700 ft.

Completions filed
Apr 1996
1 of 1 wells
Plug dates filed
Sep 2016
1 of 1 wells

Last completion to plug: a median of 20.4 years across the 1 well that filed both dates, with the middle half between 20.4 years and 20.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-221309561A5,700 ftApr 1996Sep 2016Yes

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 (247)

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

247 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016128041.442.92$5,304
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
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 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010015573.585.44$844
Jan 2010018674.365.96$1,109
Dec 200904871.445.48$263
Nov 2009012874.593.75$480
Oct 2009020572.544.11$843
Sep 2009019165.543.06$585
Aug 2009020067.423.22$644
Jul 2009020261.133.46$700
Jun 2009019966.163.90$775
May 2009019654.743.93$769
Apr 2009019446.773.59$696
Mar 2009019342.144.06$783
Feb 2009017532.814.63$811
Jan 2009022935.865.37$1,230
Dec 2008028037.105.98$1,674
Nov 2008012955.496.86$885
Oct 2008011975.246.92$824
Sep 20080229101.767.88$1,804
Aug 20080225114.228.48$1,909
Jul 20080264131.0811.39$3,007
Jun 20080236131.3313.03$3,076
May 20080285123.1711.57$3,299
Apr 20080188110.3110.45$1,966
Mar 200805101.909.66$48
Feb 2008026192.538.77$2,289
Jan 2008014190.388.21$1,157
Dec 2007023688.337.30$1,723
Nov 2007024191.677.29$1,757
Oct 2007020282.856.92$1,398
Sep 2007022075.846.24$1,374
Aug 2007021669.066.39$1,380
Jul 2007020470.906.39$1,303
Jun 2007020562.007.55$1,547
May 2007021158.747.85$1,656
Apr 2007021059.617.81$1,639
Mar 2007023556.927.30$1,716
Feb 2007021655.108.22$1,775
Jan 2007029950.306.73$2,011
Dec 2006025556.656.92$1,764
Nov 2006020354.207.62$1,546
Oct 2006024754.906.01$1,485
Sep 2006025660.085.04$1,290
Aug 2006025168.717.34$1,842
Jul 2006031869.376.34$2,017
Jun 2006016266.286.38$1,034
May 2006019366.016.42$1,240
Apr 2006021064.397.36$1,546
Mar 2006029556.707.08$2,089
Feb 2006023957.597.75$1,853
Jan 2006031360.598.93$2,796
Dec 2005035954.9413.42$4,816
Nov 2005034054.6910.59$3,600
Oct 2005037458.3413.80$5,160
Sep 2005036061.4512.08$4,348
Aug 2005038361.519.80$3,752
Jul 2005037355.697.84$2,926
Jun 2005036152.337.38$2,665
May 2005031945.226.65$2,122
Apr 2005030249.207.36$2,223
Mar 2005028450.377.15$2,032
Feb 2005024845.226.31$1,565
Jan 2005024043.166.32$1,517
Dec 2004021039.866.75$1,418
Nov 2004017745.286.33$1,120
Oct 2004022349.706.52$1,453
Sep 2004026843.245.28$1,416
Aug 2004020742.375.55$1,149
Jul 2004025138.286.08$1,527
Jun 2004019336.106.43$1,242
May 2004034837.486.49$2,260
Apr 2004028134.475.86$1,646
Mar 2004027034.365.53$1,493
Feb 2004024832.455.51$1,366
Jan 2004024832.036.30$1,562
Dec 2003024930.266.30$1,569
Nov 2003031628.804.60$1,452
Oct 2003046428.174.76$2,208
Sep 2003030026.314.75$1,425
Aug 2003039029.765.13$2,001
Jul 2003045529.415.17$2,353
Jun 2003044428.565.98$2,656
May 2003046426.595.97$2,771
Apr 2003047926.675.41$2,590
Mar 2003053831.146.10$3,280
Feb 2003044333.487.93$3,511
Jan 2003055730.315.58$3,109
Dec 2002062026.914.85$3,009
Nov 2002050424.664.14$2,085
Oct 2002059326.464.23$2,508
Sep 2002057727.443.64$2,098
Aug 2002061925.963.16$1,959
Jul 2002070524.583.06$2,159
Jun 2002085023.733.34$2,838
May 2002026924.663.58$964
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 20010319.782.53$8
Sep 200103524.262.25$79
Aug 2001016624.873.05$507
Jul 2001019323.933.20$617
Jun 2001017424.563.82$665
May 2001022225.524.31$956
Apr 2001024424.685.34$1,302
Mar 2001027424.545.38$1,473
Feb 2001026027.755.77$1,499
Jan 2001073527.478.40$6,173
Dec 2000033526.889.12$3,056
Nov 2000052832.215.66$2,987
Oct 2000082431.235.15$4,240
Sep 2000073931.875.19$3,833
Aug 2000072929.644.54$3,310
Jul 2000021928.534.09$896
Jun 2000020229.304.40$888
May 2000024527.263.68$902
Apr 2000026724.513.12$832
Mar 2000031328.422.86$895
Feb 2000039927.622.73$1,088
Jan 2000069425.272.48$1,721
Dec 1999064424.282.42$1,561
Nov 1999059423.192.43$1,446
Oct 1999078320.982.80$2,195
Sep 199901,00721.752.62$2,637
Aug 199901,24219.262.88$3,572
Jul 199901,69917.892.37$4,031
Jun 199902,15015.942.36$5,079
May 199902,92715.792.32$6,794
Apr 1999033615.102.21$742
Mar 1999032912.471.84$605
Feb 199903129.981.82$567
Jan 1999035310.381.90$671
Dec 199805319.201.77$942
Nov 1998056610.892.19$1,237
Oct 1998062812.421.97$1,237
Sep 1998086612.592.08$1,804
Aug 1998072811.301.91$1,389
Jul 199801,09811.742.24$2,457
Jun 199801,45111.242.24$3,246
May 199801,85612.622.21$4,095
Apr 199802,75513.042.51$6,902
Mar 199804,21312.802.31$9,730
Feb 199801,54413.952.30$3,550
Jan 199801,61514.702.15$3,480
Dec 199702,77116.322.41$6,681
Nov 199702,78118.193.09$8,588
Oct 199704,13919.253.15$13,037
Sep 199703,00617.742.95$8,882
Aug 199702,86217.862.55$7,312
Jul 199703,94317.582.25$8,860
Jun 199703,88517.242.26$8,769
May 199702,76618.972.31$6,385
Apr 199702,71217.882.08$5,649
Mar 199705,20018.951.94$10,084
Feb 199703,49920.492.21$7,718
Jan 19971754,36423.483.54$19,556
Dec 199606,01123.32$0
Nov 199604,48021.97$0
Oct 199602,96623.31$0
Sep 199601,68722.22$0
Aug 199604,83620.26$0
Jul 199606,89419.55$0
Jun 199605,63418.73$0
May 199606,84219.43$0
Apr 199602,84221.51$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.

Aug 2016 — as filed, then multipliedworked
Condensate           128 bbl  × $ 41.44 =     $5,304
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $5,304

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/158592 is the state's own key, not one this site invented.