PRICE, P.

Operated by BARON ENERGY INC. (P-5 52969) in the GIBSON (FRAZIER III) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27507District 7BField 34687800OilCasinghead gasSaveExport
Value, all time
$394 k
Mar 1995 – Oct 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
308
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
1956-11-07
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
OilDisposition15,238 bbl$394,330
Casinghead gasProduction5 Mcf$0
Total$394,330

5 Mcf of this lease's gas, across 5 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 32.4468, -100.0005. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
2,850 ft
1 wells filed one
Completion to plug
19.5 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 2,850 ft.

Completions filed
Feb 1995
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4413156512,850 ftFeb 1995Aug 2014Yes

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 (308)

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

308 months

Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011103083.404.15$8,590
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201031073.684.42$2,284
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008800131.3313.03$10,506
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 200878092.538.77$7,217
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200782075.846.24$6,219
Aug 20070069.066.39$0
Jul 200786070.906.39$6,097
Jun 20070062.007.55$0
May 200777058.747.85$4,523
Apr 20070059.617.81$0
Mar 200765056.927.30$3,700
Feb 200735055.108.22$1,929
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20067054.207.62$379
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 200616057.597.75$921
Jan 200626060.598.93$1,575
Dec 200525054.9413.42$1,374
Nov 200555054.6910.59$3,008
Oct 200530058.3413.80$1,750
Sep 200556061.4512.08$3,441
Aug 200573061.519.80$4,490
Jul 20050055.697.84$0
Jun 2005127052.337.38$6,646
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 200582050.377.15$4,130
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200494039.866.75$3,747
Nov 200462045.286.33$2,807
Oct 200449049.706.52$2,435
Sep 200460043.245.28$2,594
Aug 200427042.375.55$1,144
Jul 200469038.286.08$2,641
Jun 200466036.106.43$2,383
May 2004100037.486.49$3,748
Apr 2004100034.475.86$3,447
Mar 20040034.365.53$0
Feb 200474032.455.51$2,401
Jan 200470032.036.30$2,242
Dec 2003100030.266.30$3,026
Nov 200372028.804.60$2,074
Oct 20030028.174.76$0
Sep 2003153026.314.75$4,025
Aug 2003109029.765.13$3,244
Jul 2003109029.415.17$3,206
Jun 200331028.565.98$885
May 200360026.595.97$1,595
Apr 2003123026.675.41$3,280
Mar 2003126031.146.10$3,924
Feb 2003113033.487.93$3,783
Jan 200361030.315.58$1,849
Dec 200250026.914.85$1,346
Nov 20020024.664.14$0
Oct 200283026.464.23$2,196
Sep 2002102027.443.64$2,799
Aug 2002106025.963.16$2,752
Jul 2002109024.583.06$2,679
Jun 2002199023.733.34$4,722
May 20020024.663.58$0
Apr 200289023.653.51$2,105
Mar 200283022.003.10$1,826
Feb 2002145018.222.38$2,642
Jan 200286017.172.38$1,477
Dec 2001158016.932.36$2,675
Nov 200183018.072.41$1,500
Oct 200189019.782.53$1,760
Sep 200181024.262.25$1,965
Aug 200192024.873.05$2,288
Jul 200189023.933.20$2,130
Jun 2001127024.563.82$3,119
May 2001145025.524.31$3,700
Apr 2001133024.685.34$3,282
Mar 20010024.545.38$0
Feb 2001120027.755.77$3,330
Jan 20010027.478.40$0
Dec 2000130026.889.12$3,494
Nov 200056032.215.66$1,804
Oct 2000123031.235.15$3,841
Sep 200057031.875.19$1,817
Aug 2000118029.644.54$3,498
Jul 2000178028.534.09$5,078
Jun 200063029.304.40$1,846
May 2000126027.263.68$3,435
Apr 2000186024.513.12$4,559
Mar 200064028.422.86$1,819
Feb 2000166027.622.73$4,585
Jan 2000144025.272.48$3,639
Dec 1999159024.282.42$3,861
Nov 1999142023.192.43$3,293
Oct 1999138020.982.80$2,895
Sep 1999134021.752.62$2,915
Aug 199938019.262.88$732
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 199845012.802.31$576
Feb 199887013.952.30$1,214
Jan 1998147014.702.15$2,161
Dec 199785016.322.41$1,387
Nov 1997129018.193.09$2,347
Oct 199790019.253.15$1,733
Sep 19970017.742.95$0
Aug 1997111017.862.55$1,982
Jul 1997105017.582.25$1,846
Jun 1997208017.242.26$3,586
May 1997198018.972.31$3,756
Apr 1997180017.882.08$3,218
Mar 1997269018.951.94$5,098
Feb 1997273020.492.21$5,594
Jan 1997281023.483.54$6,598
Dec 1996264023.32$6,156
Nov 1996376021.97$8,261
Oct 1996287023.31$6,690
Sep 1996241022.22$5,355
Aug 1996289020.26$5,855
Jul 1996294019.55$5,748
Jun 1996292018.73$5,469
May 1996280019.43$5,440
Apr 1996366021.51$7,873
Mar 1996263019.38$5,097
Feb 1996248016.98$4,211
Jan 1996316017.07$5,394
Dec 1995465017.19$7,993
Nov 1995207016.00$3,312
Oct 1995296015.43$4,567
Sep 1995220016.18$3,560
Aug 1995144015.92$2,292
Jul 1995158115.24$2,408
Jun 1995160116.41$2,626
May 1995184117.56$3,231
Apr 1995285117.73$5,053
Mar 1995242116.44$3,978

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 2011 — as filed, then multipliedworked
Oil                  103 bbl  × $ 83.40 =     $8,590
Casinghead gas         0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                   $8,590

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/27507 is the state's own key, not one this site invented.