BARRIER DRAW

Operated by GOOPCO, INC. (P-5 315960) in the CLAY GOBER (CADDO, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265306District 7BField 18724075CondensateGasSaveExport
Value, all time
$118 k
Jun 2012 – Dec 2014
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
31
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
2000-09-15
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 01/01/13 - ELK.

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
CondensateDisposition851 bbl$78,448
GasProduction10,883 Mcf$39,185
Total$117,633

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 33.0236, -99.2437. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02364, -99.24367 · 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
0.0%
0 of 1 wells
Median depth
4,667 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,667 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-4473639714,667 ftJun 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 (31)

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

31 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20147078.303.90$548
Sep 2014166086.164.05$14,303
Aug 20143373289.394.04$30,254
Jul 201404796.564.18$196
Jun 20143416898.164.74$33,795
May 2014013094.734.73$614
Apr 2014011595.944.81$553
Mar 2014023695.895.06$1,193
Feb 2014025197.406.19$1,554
Jan 2014028490.404.86$1,380
Dec 201308891.824.35$383
Nov 2013018588.853.74$692
Oct 2013027697.423.78$1,043
Sep 20130291104.113.72$1,082
Aug 20130324104.253.52$1,141
Jul 20130366102.523.72$1,361
Jun 2013038694.403.93$1,518
May 2013044094.834.15$1,826
Apr 2013051793.964.28$2,214
Mar 2013060793.623.91$2,375
Feb 2013062491.233.42$2,134
Jan 2013082591.603.42$2,821
Dec 201201,23686.773.42$4,227
Nov 201201986.953.62$69
Oct 201201989.383.40$65
Sep 201201,55194.672.92$4,526
Aug 201201,55092.662.91$4,508
Jul 2012041685.133.02$1,257
Jun 20120079.822.52$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.

Oct 2014 — as filed, then multipliedworked
Condensate             7 bbl  × $ 78.30 =       $548
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                     $548

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/265306 is the state's own key, not one this site invented.