COSTELLO

Operated by G & F OIL, INC. (P-5 292000) in the PALO PINTO CO. REG. (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 92977District 7BField 68707333NGPA filingCondensateGasSaveExport
Value, all time
$260 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 710 leases and 710 wells, and the rule below applies to all of them.

Discovered
1957-10-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition1 bbl$62
GasProduction75,794 Mcf$259,669
Total$259,730

15,112 Mcf of this lease's gas, across 48 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 32.8123, -98.3356. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.81230, -98.33562 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,900 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
00.0%
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.
1100.0%

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 2,900 ft.

Completions filed
Apr 1981
1 of 1 wells

1 well

42-3633260612,900 ftApr 1981

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202209115.097.98$72
May 202208109.378.43$67
Apr 202208104.226.84$55
Mar 202209108.885.08$46
Feb 20220991.054.86$44
Jan 202201581.844.54$68
Dec 202101471.323.90$55
Nov 202101877.435.24$94
Oct 202101479.795.71$80
Sep 20210969.865.35$48
Aug 202101766.024.22$72
Jul 202101370.783.98$52
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202101160.362.76$30
Mar 202103061.302.72$82
Feb 202103057.805.55$166
Jan 202103950.412.81$110
Dec 202006844.642.68$182
Nov 202006038.772.71$162
Oct 202005436.972.48$134
Sep 202003337.091.99$66
Aug 202003439.982.39$81
Jul 202001738.371.83$31
Jun 202001534.901.69$25
May 202003616.921.81$65
Apr 202005714.751.80$103
Mar 202007530.341.86$139
Feb 202006949.881.98$137
Jan 202007157.252.09$149
Dec 201907159.012.30$164
Nov 201909255.302.75$253
Oct 201906553.472.42$157
Sep 201906555.052.66$173
Aug 201907753.112.30$177
Jul 201906856.272.46$167
Jun 201906452.782.49$159
May 201907258.482.74$197
Apr 201907262.632.75$198
Mar 201907956.803.06$242
Feb 201908050.852.79$223
Jan 201908146.033.23$261
Dec 201807946.594.19$331
Nov 201809352.934.24$394
Oct 201808461.443.40$285
Sep 201808359.543.11$258
Aug 201808059.403.07$245
Jul 201808065.142.93$235
Jun 201808660.183.08$265
May 2018010365.382.90$299
Apr 2018010663.842.90$307
Mar 2018012361.222.79$343
Feb 2018013361.782.77$368
Jan 2018014462.874.01$577
Dec 2017017657.272.92$514
Nov 2017016855.423.12$524
Oct 2017015049.292.98$448
Sep 2017010947.523.09$337
Aug 2017011745.373.00$352
Jul 2017012343.873.09$380
Jun 2017012142.493.09$374
May 2017012145.373.26$395
Apr 201706847.933.21$218
Mar 201707146.772.98$212
Feb 201707850.452.95$230
Jan 201708249.413.42$280
Dec 2016010148.763.72$376
Nov 201609942.492.64$262
Oct 201609346.193.09$287
Sep 201606741.553.10$208
Aug 201608141.442.92$237
Jul 201606541.622.92$190
Jun 201606845.352.69$183
May 201603242.521.99$64
Apr 201607136.561.99$141
Mar 2016013833.011.79$248
Feb 2016010026.472.06$206
Jan 201609127.352.36$215
Dec 2015010532.362.00$210
Nov 2015010738.792.17$232
Oct 2015011243.552.43$272
Sep 201508142.992.76$223
Aug 2015012940.162.87$371
Jul 2015025848.152.95$760
Jun 201508256.152.88$236
May 2015012255.212.96$361
Apr 2015013249.822.71$357
Mar 2015013742.892.93$402
Feb 2015015444.662.98$458
Jan 2015015043.433.10$465
Dec 2014016354.693.59$585
Nov 2014015370.464.25$651
Oct 2014018278.303.90$710
Sep 2014016186.164.05$651
Aug 2014015589.394.04$625
Jul 2014016496.564.18$685
Jun 2014017898.164.74$843
May 2014011394.734.73$534
Apr 2014011795.944.81$563
Mar 2014016295.895.06$819
Feb 2014014097.406.19$867
Jan 2014013390.404.86$646
Dec 2013014891.824.35$644
Nov 2013012688.853.74$471
Oct 2013015597.423.78$586
Sep 20130144104.113.72$535
Aug 2013088104.253.52$310
Jul 20130143102.523.72$532
Jun 2013013794.403.93$539
May 2013014394.834.15$593
Apr 2013014393.964.28$612
Mar 201309693.623.91$376
Feb 201308191.233.42$277
Jan 2013016891.603.42$575
Dec 2012015186.773.42$516
Nov 2012010686.953.62$384
Oct 2012012389.383.40$418
Sep 2012011594.672.92$336
Aug 2012010092.662.91$291
Jul 2012011085.133.02$332
Jun 2012010479.822.52$262
May 2012011891.612.49$294
Apr 20120120101.652.00$240
Mar 20120165105.052.22$367
Feb 20120308101.102.57$792
Jan 2012012598.092.73$342
Dec 2011013996.873.24$450
Nov 2011011495.723.31$377
Oct 201105684.983.65$204
Sep 201106383.623.99$251
Aug 20110083.404.15$0
Jul 201105294.144.52$235
Jun 201105492.904.64$251
May 201106998.134.40$304
Apr 2011057105.964.33$247
Mar 201107296.364.06$292
Feb 201107285.644.18$301
Jan 201107286.504.59$330
Dec 2010013285.734.35$574
Nov 201006780.843.80$254
Oct 201006778.103.51$235
Sep 2010013272.633.98$525
Aug 2010012873.684.42$566
Jul 2010017172.554.74$810
Jun 2010010070.364.91$491
May 201007571.124.24$318
Apr 201007481.694.12$305
Mar 201008578.394.39$373
Feb 201003973.585.44$212
Jan 2010012174.365.96$722
Dec 200907271.445.48$395
Nov 200908074.593.75$300
Oct 200909572.544.11$390
Sep 200907465.543.06$227
Aug 200906967.423.22$222
Jul 200907961.133.46$274
Jun 200907666.163.90$296
May 2009010254.743.93$400
Apr 2009010046.773.59$359
Mar 2009010542.144.06$426
Feb 200909932.814.63$459
Jan 200905635.865.37$301
Dec 2008014537.105.98$867
Nov 20080055.496.86$0
Oct 2008021875.246.92$1,509
Sep 20080233101.767.88$1,835
Aug 20080242114.228.48$2,053
Jul 2008074131.0811.39$843
Jun 20080147131.3313.03$1,916
May 2008089123.1711.57$1,030
Apr 20080181110.3110.45$1,892
Mar 2008076101.909.66$734
Feb 200807092.538.77$614
Jan 200808590.388.21$697
Dec 2007012088.337.30$876
Nov 2007014591.677.29$1,057
Oct 2007016282.856.92$1,121
Sep 2007016475.846.24$1,024
Aug 2007016169.066.39$1,028
Jul 2007016570.906.39$1,054
Jun 2007018162.007.55$1,366
May 2007017558.747.85$1,373
Apr 2007018359.617.81$1,428
Mar 2007018656.927.30$1,358
Feb 2007014755.108.22$1,208
Jan 2007012350.306.73$827
Dec 2006020856.656.92$1,439
Nov 2006019154.207.62$1,455
Oct 2006092954.906.01$5,587
Sep 2006021660.085.04$1,088
Aug 2006019168.717.34$1,402
Jul 2006036669.376.34$2,321
Jun 2006026866.286.38$1,711
May 2006029266.016.42$1,876
Apr 2006033064.397.36$2,429
Mar 2006021956.707.08$1,551
Feb 2006018857.597.75$1,457
Jan 2006022860.598.93$2,037
Dec 2005027554.9413.42$3,689
Nov 2005011954.6910.59$1,260
Oct 2005022558.3413.80$3,104
Sep 2005019461.4512.08$2,343
Aug 2005115761.519.80$1,600
Jul 2005020255.697.84$1,584
Jun 2005016652.337.38$1,225
May 2005013145.226.65$871
Apr 2005020149.207.36$1,479
Mar 2005028650.377.15$2,046
Feb 2005023545.226.31$1,483
Jan 2005023543.166.32$1,486
Dec 2004016239.866.75$1,094
Nov 2004022145.286.33$1,399
Oct 2004021849.706.52$1,420
Sep 2004020843.245.28$1,099
Aug 2004023142.375.55$1,282
Jul 2004025938.286.08$1,576
Jun 2004022036.106.43$1,415
May 2004028537.486.49$1,851
Apr 2004040434.475.86$2,367
Mar 2004065234.365.53$3,606
Feb 2004032032.455.51$1,763
Jan 2004020532.036.30$1,291
Dec 2003029330.266.30$1,846
Nov 2003025228.804.60$1,158
Oct 2003026728.174.76$1,271
Sep 2003019126.314.75$907
Aug 2003028129.765.13$1,441
Jul 2003033229.415.17$1,717
Jun 2003035628.565.98$2,130
May 2003025026.595.97$1,493
Apr 2003026426.675.41$1,428
Mar 2003033631.146.10$2,048
Feb 2003037433.487.93$2,964
Jan 2003041430.315.58$2,311
Dec 2002081226.914.85$3,941
Nov 2002030424.664.14$1,258
Oct 2002056726.464.23$2,398
Sep 2002052227.443.64$1,898
Aug 2002050425.963.16$1,595
Jul 2002049624.583.06$1,519
Jun 2002048723.733.34$1,626
May 2002057924.663.58$2,075
Apr 2002039423.653.51$1,384
Mar 2002035722.003.10$1,108
Feb 2002033418.222.38$793
Jan 2002035717.172.38$848
Dec 2001042016.932.36$993
Nov 2001038918.072.41$936
Oct 2001047619.782.53$1,204
Sep 2001044724.262.25$1,006
Aug 2001042624.873.05$1,301
Jul 2001043823.933.20$1,400
Jun 2001044724.563.82$1,709
May 2001040725.524.31$1,753
Apr 2001035324.685.34$1,883
Mar 2001041324.545.38$2,220
Feb 2001043427.755.77$2,503
Jan 2001048027.478.40$4,031
Dec 2000035426.889.12$3,229
Nov 2000028932.215.66$1,635
Oct 2000030431.235.15$1,564
Sep 2000051231.875.19$2,655
Aug 2000027029.644.54$1,226
Jul 2000026828.534.09$1,096
Jun 2000038029.304.40$1,671
May 2000038527.263.68$1,417
Apr 2000027424.513.12$854
Mar 2000030728.422.86$878
Feb 2000067827.622.73$1,849
Jan 2000036225.272.48$898
Dec 1999040724.282.42$986
Nov 1999037623.192.43$915
Oct 1999041420.982.80$1,161
Sep 1999039721.752.62$1,040
Aug 1999039719.262.88$1,142
Jul 1999040217.892.37$954
Jun 1999041015.942.36$968
May 1999035215.792.32$817
Apr 1999033515.102.21$740
Mar 1999035912.471.84$660
Feb 199903449.981.82$625
Jan 1999038010.381.90$722
Dec 199803189.201.77$564
Nov 1998036410.892.19$796
Oct 1998036212.421.97$713
Sep 1998038812.592.08$808
Aug 1998039911.301.91$761
Jul 1998043511.742.24$973
Jun 1998037011.242.24$828
May 1998036912.622.21$814
Apr 1998038113.042.51$955
Mar 1998037812.802.31$873
Feb 1998038613.952.30$887
Jan 1998040614.702.15$875
Dec 1997039516.322.41$952
Nov 1997040418.193.09$1,248
Oct 1997036819.253.15$1,159
Sep 1997035817.742.95$1,058
Aug 1997046417.862.55$1,185
Jul 1997045017.582.25$1,011
Jun 1997047017.242.26$1,061
May 1997048918.972.31$1,129
Apr 1997042017.882.08$875
Mar 1997041018.951.94$795
Feb 1997035020.492.21$772
Jan 1997029323.483.54$1,037
Dec 1996030123.32$0
Nov 1996022221.97$0
Oct 1996024923.31$0
Sep 1996028622.22$0
Aug 1996028620.26$0
Jul 1996032819.55$0
Jun 1996034218.73$0
May 1996035619.43$0
Apr 1996026621.51$0
Mar 1996036219.38$0
Feb 1996033816.98$0
Jan 1996038017.07$0
Dec 1995037017.19$0
Nov 1995032116.00$0
Oct 1995030615.43$0
Sep 1995044816.18$0
Aug 1995046715.92$0
Jul 1995042715.24$0
Jun 1995029116.41$0
May 1995026717.56$0
Apr 1995030917.73$0
Mar 1995032616.44$0
Feb 1995027016.58$0
Jan 1995026615.92$0
Dec 1994024015.03$0
Nov 1994027815.90$0
Oct 1994037915.58$0
Sep 1994029115.29$0
Aug 1994027216.13$0
Jul 1994031117.56$0
Jun 1994033917.09$0
May 1994033015.88$0
Apr 1994027714.14$0
Mar 1994029112.46$0
Feb 1994028112.50$0
Jan 1994037612.66$0
Dec 1993031812.33$0
Nov 1993028914.49$0
Oct 1993028615.85$0
Sep 1993031815.03$0
Aug 1993025515.66$0
Jul 1993032115.46$0
Jun 1993026416.79$0
May 1993024917.68$0
Apr 1993035118.05$0
Mar 1993037118.14$0
Feb 1993027117.90$0
Jan 1993037016.93$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.

Jun 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $115.09 =         $0
Gas                    9 Mcf  × $  7.98 =        $72

────────────────────────────────────────────────────
Month total                                      $72

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/92977 is the state's own key, not one this site invented.