GARRETT-STEGEMOLLER

Operated by MCCLYMOND, LTD. (P-5 541455) in the OLIVE MAE (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28402District 7BField 67155300OilCasinghead gasSaveExport
Value, all time
$214 k
Feb 1998 – Jan 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
60
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 44 leases and 50 wells, and the rule below applies to all of them.

Discovered
1986-12-31
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: AOF-1 AND AOF-2 EFFECTIVE 11/01/2000.

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
OilDisposition13,552 bbl$191,389
Casinghead gasProduction8,559 Mcf$22,704
Total$214,092

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 32.5879, -98.9565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58791, -98.95648 · 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
3,589 ft
1 wells filed one
Completion to plug
4.1 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 3,589 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Mar 2002
1 of 1 wells

Last completion to plug: a median of 4.1 years across the 1 well that filed both dates, with the middle half between 4.1 years and 4.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293569413,589 ftFeb 1998Mar 2002Yes

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 (60)

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

60 months

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 200101124.563.82$42
May 20011596725.524.31$4,346
Apr 20011577224.685.34$4,259
Mar 200102224.545.38$118
Feb 2001012927.755.77$744
Jan 2001016427.478.40$1,377
Dec 200005326.889.12$483
Nov 200001032.215.66$57
Oct 200002431.235.15$123
Sep 200001331.875.19$67
Aug 200003629.644.54$163
Jul 200016713128.534.09$5,300
Jun 2000018429.304.40$809
May 200016720227.263.68$5,296
Apr 200017617624.513.12$4,862
Mar 20001679528.422.86$5,018
Feb 200007927.622.73$215
Jan 200016711025.272.48$4,493
Dec 199917213924.282.42$4,513
Nov 199918010123.192.43$4,420
Oct 199917018120.982.80$4,074
Sep 19991679121.752.62$3,871
Aug 199933913719.262.88$6,923
Jul 199933621517.892.37$6,521
Jun 199916519115.942.36$3,081
May 19993106615.792.32$5,048
Apr 19991127315.102.21$1,852
Mar 19991492212.471.84$1,898
Feb 19993231049.981.82$3,413
Jan 199960521710.381.90$6,692
Dec 19986612709.201.77$6,560
Nov 199864229110.892.19$7,627
Oct 199880140612.421.97$10,748
Sep 199886258212.592.08$12,065
Aug 19981,04363811.301.91$13,003
Jul 19981,03553511.742.24$13,348
Jun 19981,02852011.242.24$12,718
May 19981,00560912.622.21$14,027
Apr 199886251413.042.51$12,528
Mar 199884824212.802.31$11,413
Feb 199857783713.952.30$9,974

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 2001 — as filed, then multipliedworked
Oil                    0 bbl  × $ 24.56 =         $0
Casinghead gas        11 Mcf  × $  3.82 =        $42

────────────────────────────────────────────────────
Month total                                      $42

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/28402 is the state's own key, not one this site invented.