GAILEY, N.C. ET AL UNIT

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

Gas lease lease 221394District 7BField 33707500GasSaveExport
Value, all time
$89 k
Aug 2006 – Nov 2018
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
148
no gaps in the span
Streams
1
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1968-05-28
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: EXEMPT FIELD EFF 11/2011.

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
GasProduction17,481 Mcf$89,034
Total$89,034

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 32.4426, -98.5095. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44262, -98.50948 · 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
3,410 ft
1 wells filed one
Completion to plug
12.3 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 3,410 ft.

Completions filed
Jul 2006
1 of 1 wells
Plug dates filed
Nov 2018
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-13337942123,410 ftJul 2006Nov 2018Yes

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 (148)

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

148 months

Nov 20182052.934.24$85
Oct 2018261.443.40$7
Sep 2018059.543.11$0
Aug 20181559.403.07$46
Jul 2018865.142.93$23
Jun 20184760.183.08$145
May 20183865.382.90$110
Apr 20186863.842.90$197
Mar 20188261.222.79$229
Feb 20181461.782.77$39
Jan 20184162.874.01$164
Dec 20177357.272.92$213
Nov 20174555.423.12$140
Oct 20173649.292.98$107
Sep 20177947.523.09$244
Aug 20177845.373.00$234
Jul 20171543.873.09$46
Jun 20178442.493.09$259
May 20174845.373.26$157
Apr 20178447.933.21$270
Mar 20173946.772.98$116
Feb 20176050.452.95$177
Jan 201713949.413.42$475
Dec 201613448.763.72$499
Nov 20169942.492.64$262
Oct 201610846.193.09$334
Sep 201610941.553.10$338
Aug 201613641.442.92$398
Jul 20161741.622.92$50
Jun 201612245.352.69$328
May 20169442.521.99$187
Apr 201610236.561.99$203
Mar 201614033.011.79$251
Feb 201614526.472.06$299
Jan 201610427.352.36$246
Dec 20151132.362.00$22
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 20155940.162.87$169
Jul 201511348.152.95$333
Jun 20158956.152.88$257
May 20159755.212.96$287
Apr 201511149.822.71$300
Mar 201512742.892.93$373
Feb 201513644.662.98$405
Jan 201514643.433.10$453
Dec 201413554.693.59$485
Nov 201411270.464.25$476
Oct 20148678.303.90$335
Sep 201410886.164.05$437
Aug 20147989.394.04$319
Jul 20149696.564.18$401
Jun 201410198.164.74$478
May 20149494.734.73$444
Apr 201410195.944.81$486
Mar 201413295.895.06$668
Feb 201410097.406.19$619
Jan 20149590.404.86$462
Dec 20131591.824.35$65
Nov 20136888.853.74$254
Oct 20139297.423.78$348
Sep 2013103104.113.72$383
Aug 201393104.253.52$328
Jul 2013112102.523.72$416
Jun 201311994.403.93$468
May 201311794.834.15$485
Apr 201311393.964.28$484
Mar 201312693.623.91$493
Feb 201310291.233.42$349
Jan 20139891.603.42$335
Dec 20128986.773.42$304
Nov 201219086.953.62$689
Oct 201218789.383.40$636
Sep 201220094.672.92$584
Aug 201211492.662.91$332
Jul 20122285.133.02$66
Jun 2012579.822.52$13
May 20122691.612.49$65
Apr 201294101.652.00$188
Mar 2012124105.052.22$276
Feb 2012130101.102.57$334
Jan 201210098.092.73$273
Dec 201113896.873.24$447
Nov 201118095.723.31$596
Oct 201117284.983.65$628
Sep 201118083.623.99$717
Aug 201118283.404.15$755
Jul 201117594.144.52$791
Jun 201119492.904.64$900
May 201120398.134.40$894
Apr 2011208105.964.33$901
Mar 201119396.364.06$783
Feb 20119685.644.18$401
Jan 201114786.504.59$675
Dec 201028485.734.35$1,235
Nov 201029680.843.80$1,123
Oct 201011978.103.51$418
Sep 2010072.633.98$0
Aug 20101373.684.42$57
Jul 201012872.554.74$606
Jun 20107370.364.91$358
May 201024471.124.24$1,033
Apr 20109481.694.12$388
Mar 20106878.394.39$298
Feb 201012473.585.44$675
Jan 2010074.365.96$0
Dec 20094471.445.48$241
Nov 2009074.593.75$0
Oct 20097072.544.11$288
Sep 20096265.543.06$190
Aug 20093867.423.22$122
Jul 20093661.133.46$125
Jun 20099666.163.90$374
May 200914854.743.93$581
Apr 200920846.773.59$746
Mar 200921742.144.06$881
Feb 200923832.814.63$1,103
Jan 200915735.865.37$843
Dec 200820237.105.98$1,207
Nov 200820055.496.86$1,372
Oct 200823475.246.92$1,620
Sep 2008106101.767.88$835
Aug 2008270114.228.48$2,290
Jul 2008152131.0811.39$1,731
Jun 2008240131.3313.03$3,128
May 2008256123.1711.57$2,963
Apr 2008212110.3110.45$2,216
Mar 2008238101.909.66$2,300
Feb 200819292.538.77$1,684
Jan 200814490.388.21$1,182
Dec 200719688.337.30$1,431
Nov 200717791.677.29$1,291
Oct 200717982.856.92$1,239
Sep 200724375.846.24$1,517
Aug 200716169.066.39$1,028
Jul 200716270.906.39$1,035
Jun 200712462.007.55$936
May 200727858.747.85$2,181
Apr 200730559.617.81$2,381
Mar 200731756.927.30$2,315
Feb 200727655.108.22$2,268
Jan 200720050.306.73$1,345
Dec 200620056.656.92$1,384
Nov 200620054.207.62$1,524
Oct 200620054.906.01$1,203
Sep 2006060.085.04$0
Aug 2006068.717.34$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 2018 — as filed, then multipliedworked
Gas                   20 Mcf  × $  4.24 =        $85

────────────────────────────────────────────────────
Month total                                      $85

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/221394 is the state's own key, not one this site invented.