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 160612District 7BField 36333400CondensateGasSave
Value, all time
$1.1 M
Sep 1996 – Oct 2016
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
242
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition318 bbl$9,740
GasProduction332,716 Mcf$1,135,537
Total$1,145,277

7,166 Mcf of this lease's gas, across 1 month, 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 32.5338, -97.7288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53376, -97.72878 · 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
5,650 ft
1 wells filed one
Completion to plug
20.0 years
median over 1 wells

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 5,650 ft.

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

Last completion to plug: a median of 20.0 years across the 1 well that filed both dates, with the middle half between 20.0 years and 20.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-221309602A5,650 ftSep 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 (242)

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

242 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016165041.442.92$6,838
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 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20080167131.3313.03$2,176
May 200801,249123.1711.57$14,456
Apr 20080956110.3110.45$9,995
Mar 20080469101.909.66$4,532
Feb 2008040892.538.77$3,578
Jan 2008055890.388.21$4,579
Dec 2007057688.337.30$4,206
Nov 2007072891.677.29$5,308
Oct 2007073182.856.92$5,060
Sep 2007079075.846.24$4,933
Aug 2007078869.066.39$5,034
Jul 2007088070.906.39$5,621
Jun 200701,02462.007.55$7,730
May 200701,04658.747.85$8,207
Apr 2007040959.617.81$3,192
Mar 2007055156.927.30$4,023
Feb 2007046655.108.22$3,829
Jan 2007057350.306.73$3,854
Dec 2006052956.656.92$3,660
Nov 2006039454.207.62$3,001
Oct 2006044354.906.01$2,664
Sep 2006047560.085.04$2,393
Aug 2006076168.717.34$5,586
Jul 2006077669.376.34$4,922
Jun 2006032266.286.38$2,056
May 2006058166.016.42$3,733
Apr 2006083464.397.36$6,139
Mar 2006094056.707.08$6,658
Feb 2006063057.597.75$4,883
Jan 2006073460.598.93$6,557
Dec 2005080854.9413.42$10,840
Nov 2005076154.6910.59$8,058
Oct 2005090658.3413.80$12,499
Sep 2005094961.4512.08$11,463
Aug 2005094661.519.80$9,268
Jul 2005092455.697.84$7,248
Jun 2005098752.337.38$7,285
May 2005093945.226.65$6,245
Apr 2005087849.207.36$6,463
Mar 2005062950.377.15$4,500
Feb 2005054845.226.31$3,459
Jan 2005050943.166.32$3,218
Dec 200401,55639.866.75$10,505
Nov 200401,40045.286.33$8,863
Oct 200401,21849.706.52$7,935
Sep 2004068943.245.28$3,641
Aug 2004016442.375.55$910
Jul 2004040938.286.08$2,488
Jun 2004068436.106.43$4,400
May 2004069237.486.49$4,494
Apr 2004064534.475.86$3,779
Mar 2004075034.365.53$4,148
Feb 2004078532.455.51$4,325
Jan 2004069132.036.30$4,353
Dec 2003068530.266.30$4,317
Nov 2003086428.804.60$3,970
Oct 200301,02028.174.76$4,855
Sep 2003082026.314.75$3,894
Aug 200301,00129.765.13$5,135
Jul 2003094129.415.17$4,866
Jun 200301,00328.565.98$6,001
May 200301,02026.595.97$6,092
Apr 200301,13626.675.41$6,143
Mar 200301,23431.146.10$7,523
Feb 200301,05533.487.93$8,362
Jan 200301,07430.315.58$5,995
Dec 200201,08026.914.85$5,242
Nov 2002034024.664.14$1,407
Oct 200201,28126.464.23$5,418
Sep 200201,17627.443.64$4,275
Aug 200201,36125.963.16$4,306
Jul 200201,32524.583.06$4,057
Jun 200201,31623.733.34$4,393
May 200201,34724.663.58$4,828
Apr 200201,41623.653.51$4,973
Mar 200201,44422.003.10$4,480
Feb 200201,29718.222.38$3,081
Jan 200201,48917.172.38$3,537
Dec 200101,37216.932.36$3,244
Nov 200101,38018.072.41$3,320
Oct 200101,74919.782.53$4,423
Sep 200101,55924.262.25$3,510
Aug 200101,73724.873.05$5,303
Jul 200102,04223.933.20$6,528
Jun 200101,40524.563.82$5,373
May 200101,46925.524.31$6,327
Apr 2001081724.685.34$4,359
Mar 2001095824.545.38$5,151
Feb 200101,30927.755.77$7,549
Jan 200102,16127.478.40$18,150
Dec 200002,05826.889.12$18,774
Nov 200001,55332.215.66$8,787
Oct 200002,38331.235.15$12,262
Sep 200002,55731.875.19$13,262
Aug 200003,38129.644.54$15,352
Jul 200001,74928.534.09$7,153
Jun 200002,57129.304.40$11,305
May 200002,73427.263.68$10,060
Apr 200002,87224.513.12$8,949
Mar 200001,92728.422.86$5,511
Feb 200002,89827.622.73$7,901
Jan 200002,33525.272.48$5,792
Dec 199902,99824.282.42$7,266
Nov 199902,34923.192.43$5,717
Oct 199902,07620.982.80$5,821
Sep 199902,20221.752.62$5,767
Aug 199902,21719.262.88$6,375
Jul 199902,35217.892.37$5,580
Jun 199902,27315.942.36$5,369
May 199901,89015.792.32$4,387
Apr 199901,64515.102.21$3,632
Mar 199902,58712.471.84$4,756
Feb 199902,0489.981.82$3,723
Jan 199902,17910.381.90$4,140
Dec 199802,5939.201.77$4,598
Nov 199802,04810.892.19$4,476
Oct 199801,63412.421.97$3,218
Sep 199802,65112.592.08$5,521
Aug 199802,94311.301.91$5,613
Jul 199804,95511.742.24$11,086
Jun 199805,76711.242.24$12,902
May 199806,73712.622.21$14,864
Apr 199805,01913.042.51$12,574
Mar 199806,46812.802.31$14,937
Feb 199806,85213.952.30$15,754
Jan 199808,18714.702.15$17,641
Dec 199709,06516.322.41$21,857
Nov 199708,75018.193.09$27,022
Oct 1997010,76119.253.15$33,895
Sep 199708,19017.742.95$24,200
Aug 1997010,73217.862.55$27,417
Jul 1997011,61517.582.25$26,098
Jun 1997012,78217.242.26$28,852
May 199715312,32418.972.31$31,352
Apr 1997011,24017.882.08$23,410
Mar 1997013,08618.951.94$25,376
Feb 199708,15820.492.21$17,996
Jan 1997013,22123.483.54$46,798
Dec 199607,16623.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$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           165 bbl  × $ 41.44 =     $6,838
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $6,838

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/160612 is the state's own key, not one this site invented.