MAYS

Operated by GO OIL CORP. (P-5 311420) in the ORAN (SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98772District 7BField 67477450NGPA filingGasSaveExport
Value, all time
$109 k
Jan 1993 – Feb 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1980-01-18
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: ALLOCATION FORMULA EFF. 4-1-80 PER AMENDMENT TO SWR 28 & 29

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
GasProduction47,090 Mcf$109,294
Total$109,294

18,027 Mcf of this lease's gas, across 41 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 32.9642, -98.1580. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.96424, -98.15803 · 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
4,690 ft
1 wells filed one
Completion to plug
29.1 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 4,690 ft.

Completions filed
Jan 1982
1 of 1 wells
Plug dates filed
Feb 2011
1 of 1 wells

Last completion to plug: a median of 29.1 years across the 1 well that filed both dates, with the middle half between 29.1 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633275714,690 ftJan 1982Feb 2011Yes

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 (218)

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

218 months

Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 20065868.717.34$426
Jul 20068569.376.34$539
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 20069556.707.08$673
Feb 20068157.597.75$628
Jan 2006060.598.93$0
Dec 20058554.9413.42$1,140
Nov 200516454.6910.59$1,737
Oct 200515158.3413.80$2,083
Sep 200520561.4512.08$2,476
Aug 200524161.519.80$2,361
Jul 200519155.697.84$1,498
Jun 200523352.337.38$1,720
May 200540545.226.65$2,694
Apr 200528749.207.36$2,112
Mar 200541150.377.15$2,941
Feb 200522445.226.31$1,414
Jan 200527643.166.32$1,745
Dec 200428339.866.75$1,911
Nov 200427845.286.33$1,760
Oct 200418449.706.52$1,199
Sep 200417343.245.28$914
Aug 200414642.375.55$810
Jul 200416338.286.08$992
Jun 200411636.106.43$746
May 200414837.486.49$961
Apr 200412334.475.86$721
Mar 200416234.365.53$896
Feb 200413832.455.51$760
Jan 200413832.036.30$869
Dec 200312730.266.30$800
Nov 200312028.804.60$551
Oct 200312028.174.76$571
Sep 200312526.314.75$594
Aug 200312429.765.13$636
Jul 200310729.415.17$553
Jun 20039128.565.98$544
May 20038426.595.97$502
Apr 200311126.675.41$600
Mar 200310931.146.10$664
Feb 200313333.487.93$1,054
Jan 200313730.315.58$765
Dec 200216126.914.85$781
Nov 20029324.664.14$385
Oct 200216226.464.23$685
Sep 200212827.443.64$465
Aug 200212725.963.16$402
Jul 200211324.583.06$346
Jun 200214723.733.34$491
May 200215824.663.58$566
Apr 200216023.653.51$562
Mar 200215022.003.10$465
Feb 200219418.222.38$461
Jan 200220817.172.38$494
Dec 200133316.932.36$787
Nov 20015418.072.41$130
Oct 200119119.782.53$483
Sep 200119724.262.25$444
Aug 200119424.873.05$592
Jul 200117123.933.20$547
Jun 200116324.563.82$623
May 200119925.524.31$857
Apr 200122624.685.34$1,206
Mar 200117024.545.38$914
Feb 200113727.755.77$790
Jan 200116727.478.40$1,403
Dec 200011926.889.12$1,086
Nov 200020232.215.66$1,143
Oct 200021931.235.15$1,127
Sep 200015631.875.19$809
Aug 200018129.644.54$822
Jul 200026628.534.09$1,088
Jun 200018729.304.40$822
May 200017627.263.68$648
Apr 200015924.513.12$495
Mar 200027528.422.86$786
Feb 200047927.622.73$1,306
Jan 200041425.272.48$1,027
Dec 199957024.282.42$1,382
Nov 199956023.192.43$1,363
Oct 199943620.982.80$1,222
Sep 199955721.752.62$1,459
Aug 199961219.262.88$1,760
Jul 199952417.892.37$1,243
Jun 199959015.942.36$1,394
May 199960515.792.32$1,404
Apr 199948715.102.21$1,075
Mar 199953012.471.84$974
Feb 19994159.981.82$754
Jan 199953410.381.90$1,015
Dec 19983849.201.77$681
Nov 199843110.892.19$942
Oct 199853112.421.97$1,046
Sep 199844912.592.08$935
Aug 199856711.301.91$1,081
Jul 199853811.742.24$1,204
Jun 199830711.242.24$687
May 199842812.622.21$944
Apr 199838513.042.51$965
Mar 199840812.802.31$942
Feb 199844113.952.30$1,014
Jan 199824914.702.15$537
Dec 199723116.322.41$557
Nov 199730318.193.09$936
Oct 199730219.253.15$951
Sep 199729517.742.95$872
Aug 199733817.862.55$864
Jul 199739917.582.25$897
Jun 199734217.242.26$772
May 199725518.972.31$589
Apr 199736717.882.08$764
Mar 199724318.951.94$471
Feb 199735720.492.21$788
Jan 199762523.483.54$2,212
Dec 199643823.32$0
Nov 199637321.97$0
Oct 199652523.31$0
Sep 199646322.22$0
Aug 199653620.26$0
Jul 199674219.55$0
Jun 19961,03318.73$0
May 199671019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 199511517.19$0
Nov 19956516.00$0
Oct 1995015.43$0
Sep 199512716.18$0
Aug 199524315.92$0
Jul 199523215.24$0
Jun 19959116.41$0
May 199520817.56$0
Apr 199528117.73$0
Mar 199521716.44$0
Feb 199522016.58$0
Jan 199515115.92$0
Dec 199423115.03$0
Nov 199416315.90$0
Oct 1994015.58$0
Sep 199426415.29$0
Aug 199412716.13$0
Jul 1994017.56$0
Jun 199426017.09$0
May 199440515.88$0
Apr 199440714.14$0
Mar 199424512.46$0
Feb 199412712.50$0
Jan 199421412.66$0
Dec 199321112.33$0
Nov 199324714.49$0
Oct 199331415.85$0
Sep 199366415.03$0
Aug 19931,02115.66$0
Jul 19931,05915.46$0
Jun 19931,29316.79$0
May 19931,22417.68$0
Apr 19931,20818.05$0
Mar 19931,16418.14$0
Feb 199332317.90$0
Jan 19938616.93$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.

Aug 2006 — as filed, then multipliedworked
Gas                   58 Mcf  × $  7.34 =       $426

────────────────────────────────────────────────────
Month total                                     $426

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/98772 is the state's own key, not one this site invented.