GAILEY, N.C. ET AL UNIT

Operated by BRAKA OPERATING, L.L.C. (P-5 88563) in the GAILY (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29656District 7BField 33707500OilCasinghead gasSaveExport
Value, all time
$559 k
Oct 2005 – Jan 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
112
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1968-05-28
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: EXEMPT FIELD EFF 11/2011.

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
OilDisposition4,249 bbl$254,630
Casinghead gasProduction37,958 Mcf$304,848
Total$559,478

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 32.4408, -98.5063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44082, -98.50630 · 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
3,621 ft
1 wells filed one
Completion to plug
17.0 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 3,621 ft.

Completions filed
Oct 2005
1 of 1 wells
Plug dates filed
Oct 2022
1 of 1 wells

Last completion to plug: a median of 17.0 years across the 1 well that filed both dates, with the middle half between 17.0 years and 17.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333791513,621 ftOct 2005Oct 2022Yes

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 (112)

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

112 months

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 20110083.404.15$0
Jul 2011025094.144.52$1,129
Jun 2011028092.904.64$1,299
May 2011029498.134.40$1,295
Apr 20110302105.964.33$1,309
Mar 2011028096.364.06$1,136
Feb 2011013785.644.18$573
Jan 2011020986.504.59$959
Dec 2010041385.734.35$1,796
Nov 2010043080.843.80$1,632
Oct 2010017278.103.51$604
Sep 20100072.633.98$0
Aug 201001873.684.42$80
Jul 2010018472.554.74$872
Jun 2010010570.364.91$516
May 2010035571.124.24$1,504
Apr 2010014081.694.12$577
Mar 201009978.394.39$434
Feb 2010017973.585.44$974
Jan 20100074.365.96$0
Dec 200906271.445.48$340
Nov 200902574.593.75$94
Oct 2009010872.544.11$444
Sep 200908865.543.06$270
Aug 200905567.423.22$177
Jul 200905361.133.46$184
Jun 2009013966.163.90$541
May 2009021754.743.93$852
Apr 2009030146.773.59$1,080
Mar 200916931442.144.06$8,396
Feb 2009034632.814.63$1,603
Jan 2009022835.865.37$1,225
Dec 2008029437.105.98$1,757
Nov 2008028855.496.86$1,976
Oct 2008033275.246.92$2,298
Sep 20080154101.767.88$1,213
Aug 20080389114.228.48$3,300
Jul 20080223131.0811.39$2,540
Jun 20080346131.3313.03$4,509
May 20080372123.1711.57$4,306
Apr 20080309110.3110.45$3,231
Mar 2008160345101.909.66$19,638
Feb 2008027592.538.77$2,412
Jan 2008020990.388.21$1,715
Dec 2007028488.337.30$2,074
Nov 2007025691.677.29$1,867
Oct 2007025682.856.92$1,772
Sep 2007035275.846.24$2,198
Aug 2007023269.066.39$1,482
Jul 2007023370.906.39$1,488
Jun 2007018062.007.55$1,359
May 2007040458.747.85$3,170
Apr 200716944359.617.81$13,532
Mar 2007045856.927.30$3,344
Feb 200716639955.108.22$12,425
Jan 2007039750.306.73$2,671
Dec 2006035956.656.92$2,484
Nov 200615335354.207.62$10,982
Oct 200616985754.906.01$14,432
Sep 2006057360.085.04$2,886
Aug 20061611,38868.717.34$21,250
Jul 20061681,10869.376.34$18,682
Jun 20061781,15366.286.38$19,158
May 20061801,86566.016.42$23,864
Apr 20061701,46264.397.36$21,707
Mar 20063201,98156.707.08$32,175
Feb 20063272,41757.597.75$37,566
Jan 20066333,27960.598.93$67,646
Dec 20056402,82154.9413.42$73,006
Nov 20054863,70054.6910.59$65,756
Oct 200501,42958.3413.80$19,714

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.

Jul 2011 — as filed, then multipliedworked
Oil                    0 bbl  × $ 94.14 =         $0
Casinghead gas       250 Mcf  × $  4.52 =     $1,129

────────────────────────────────────────────────────
Month total                                   $1,129

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/29656 is the state's own key, not one this site invented.