GILMORE, N. J.

Operated by BASA RESOURCES, INC. (P-5 53974) in the TWO TIMER (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27386District 7BField 92131250OilCasinghead gasSaveExport
Value, all time
$566 k
Aug 1994 – Oct 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
159
no gaps in the span
Streams
2
oil, casinghead 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1994-08-06
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition28,880 bbl$498,014
Casinghead gasProduction78,482 Mcf$67,923
Total$565,938

51,257 Mcf of this lease's gas, across 29 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 32.9215, -98.7727. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.92145, -98.77274 · 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
4,564 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 4,564 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-4293544714,564 ftApr 2006Yes

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 (159)

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

159 months

Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200021831.875.19$157
Aug 20004717429.644.54$2,183
Jul 20006731328.534.09$3,192
Jun 20008332529.304.40$3,861
May 20004520627.263.68$1,985
Apr 20005526224.513.12$2,164
Mar 20007730928.422.86$3,072
Feb 20007229527.622.73$2,793
Jan 20009031525.272.48$3,056
Dec 19998829924.282.42$2,861
Nov 19998732023.192.43$2,796
Oct 19999033920.982.80$2,839
Sep 19998628521.752.62$2,617
Aug 19998029719.262.88$2,395
Jul 19998543017.892.37$2,541
Jun 19998540315.942.36$2,307
May 19992541515.792.32$1,358
Apr 19994940215.102.21$1,628
Mar 199912142912.471.84$2,298
Feb 19991154029.981.82$1,878
Jan 19999965510.381.90$2,272
Dec 19981404629.201.77$2,107
Nov 199813245110.892.19$2,423
Oct 199814051012.421.97$2,743
Sep 199813146512.592.08$2,618
Aug 199813837611.301.91$2,277
Jul 199812734211.742.24$2,256
Jun 199814132411.242.24$2,310
May 199817440112.622.21$3,081
Apr 199810545713.042.51$2,514
Mar 19985746112.802.31$1,794
Feb 199810543613.952.30$2,467
Jan 199817351114.702.15$3,644
Dec 199721153816.322.41$4,741
Nov 199722354718.193.09$5,746
Oct 19972351,17419.253.15$8,222
Sep 19972211,44517.742.95$8,190
Aug 19972481,29417.862.55$7,735
Jul 19972591,29217.582.25$7,456
Jun 19972611,27317.242.26$7,373
May 19972881,51018.972.31$8,949
Apr 19972911,42617.882.08$8,173
Mar 19973061,57518.951.94$8,853
Feb 19972951,44120.492.21$9,223
Jan 19973701,62123.483.54$14,425
Dec 19963121,66423.32$7,276
Nov 19963951,69021.97$8,678
Oct 19964171,66023.31$9,720
Sep 19964271,76322.22$9,488
Aug 19964711,78020.26$9,542
Jul 19965061,79419.55$9,892
Jun 19964981,54218.73$9,328
May 19965151,66619.43$10,006
Apr 19964651,55021.51$10,002
Mar 19965101,04419.38$9,884
Feb 19965051,43816.98$8,575
Jan 19966111,41517.07$10,430
Dec 19956951,50117.19$11,947
Nov 19956731,49316.00$10,768
Oct 19957762,00415.43$11,974
Sep 19957632,08016.18$12,345
Aug 19956882,23115.92$10,953
Jul 19959231,81315.24$14,067
Jun 19959471,66416.41$15,540
May 19951,0221,83817.56$17,946
Apr 19951,0691,97917.73$18,953
Mar 19951,3172,93616.44$21,651
Feb 19951,0292,32916.58$17,061
Jan 19957841,65515.92$12,481
Dec 19949491,88115.03$14,263
Nov 19941,07543815.90$17,093
Oct 19947631,87215.58$11,888
Sep 19941,3482,47215.29$20,611
Aug 19942,1082,06516.13$34,002

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.

Sep 2000 — as filed, then multipliedworked
Oil                    2 bbl  × $ 31.87 =        $64
Casinghead gas        18 Mcf  × $  5.19 =        $93

────────────────────────────────────────────────────
Month total                                     $157

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/O/27386 is the state's own key, not one this site invented.