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 260692District 7BField 33707500GasSaveExport
Value, all time
$35 k
Aug 2011 – Oct 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
135
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
GasProduction10,508 Mcf$35,280
Total$35,280

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 32.4408, -98.5063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44082, -98.50630 · 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
3,621 ft
1 wells filed one
Completion to plug
17.0 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 3,621 ft.

Completions filed
Oct 2005
1 of 1 wells
Plug dates filed
Oct 2022
1 of 1 wells

Last completion to plug: a median of 17.0 years across the 1 well that filed both dates, with the middle half between 17.0 years and 17.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333791513,621 ftOct 2005Oct 2022Yes

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 (135)

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

135 months

Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 20192062.632.75$55
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 20182552.934.24$106
Oct 2018361.443.40$10
Sep 2018059.543.11$0
Aug 20181959.403.07$58
Jul 20181065.142.93$29
Jun 20185960.183.08$182
May 20184765.382.90$136
Apr 20188563.842.90$247
Mar 201810361.222.79$287
Feb 20181861.782.77$50
Jan 20185162.874.01$204
Dec 20179157.272.92$266
Nov 20175655.423.12$175
Oct 20174549.292.98$134
Sep 20179947.523.09$306
Aug 20179845.373.00$294
Jul 20171943.873.09$59
Jun 201710542.493.09$324
May 20176145.373.26$199
Apr 201710647.933.21$340
Mar 20174946.772.98$146
Feb 20177550.452.95$221
Jan 201717449.413.42$595
Dec 201616748.763.72$622
Nov 201612442.492.64$328
Oct 201613546.193.09$417
Sep 201613641.553.10$422
Aug 201617041.442.92$497
Jul 20162141.622.92$61
Jun 201615345.352.69$411
May 201611842.521.99$235
Apr 201612736.561.99$253
Mar 201617533.011.79$314
Feb 201618126.472.06$374
Jan 201613027.352.36$307
Dec 20151432.362.00$28
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 20157440.162.87$213
Jul 201514148.152.95$415
Jun 201511156.152.88$320
May 201512155.212.96$358
Apr 201513949.822.71$376
Mar 201515942.892.93$467
Feb 201517044.662.98$506
Jan 201518343.433.10$567
Dec 201416954.693.59$607
Nov 201414070.464.25$595
Oct 201410878.303.90$421
Sep 201413586.164.05$546
Aug 20149989.394.04$399
Jul 201412196.564.18$506
Jun 201412698.164.74$597
May 201411794.734.73$553
Apr 201412795.944.81$611
Mar 201416595.895.06$834
Feb 201412597.406.19$774
Jan 201411990.404.86$578
Dec 20131991.824.35$83
Nov 20138588.853.74$318
Oct 201311597.423.78$435
Sep 2013129104.113.72$480
Aug 2013117104.253.52$412
Jul 2013140102.523.72$520
Jun 201314994.403.93$586
May 201314694.834.15$606
Apr 201314193.964.28$604
Mar 201315893.623.91$618
Feb 201312891.233.42$438
Jan 201312291.603.42$417
Dec 201211186.773.42$380
Nov 201228086.953.62$1,015
Oct 201227389.383.40$928
Sep 201228894.672.92$841
Aug 201216692.662.91$483
Jul 20123485.133.02$103
Jun 20121079.822.52$25
May 20123791.612.49$92
Apr 2012133101.652.00$266
Mar 2012181105.052.22$402
Feb 2012192101.102.57$493
Jan 201214598.092.73$396
Dec 201120096.873.24$648
Nov 201151895.723.31$1,715
Oct 201124984.983.65$908
Sep 201126183.623.99$1,040
Aug 201126383.404.15$1,091

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.

Apr 2019 — as filed, then multipliedworked
Gas                   20 Mcf  × $  2.75 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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/260692 is the state's own key, not one this site invented.