COSTELLO

Operated by G & F OIL, INC. (P-5 292000) in the PALO PINTO COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29886District 7BField 68707001OilCasinghead gasSaveExport
Value, all time
$221 k
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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 344 leases and 721 wells, and the rule below applies to all of them.

Discovered
1915-12-31
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

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
OilDisposition1,409 bbl$107,290
Casinghead gasProduction32,486 Mcf$114,139
Total$221,429

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 32.9173, -98.3758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.91732, -98.37585 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,300 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
00.0%
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.
1100.0%

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 4,300 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-3633549564,300 ftMay 2008

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 (231)

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

231 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202404079.932.15$86
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202405084.451.66$83
Mar 202405080.301.55$77
Feb 202408076.091.78$143
Jan 2024010073.023.30$330
Dec 202305071.262.61$131
Nov 202309077.892.81$253
Oct 202306085.443.09$185
Sep 202304089.042.74$109
Aug 202305080.522.67$134
Jul 202309074.852.64$238
Jun 202305068.962.26$113
May 20230070.622.23$0
Apr 2023014178.122.24$316
Mar 202305072.852.39$120
Feb 2023010075.112.47$247
Jan 202303576.533.39$119
Dec 202206576.415.73$372
Nov 202206085.005.65$339
Oct 2022011887.185.86$692
Sep 202204084.888.16$327
Aug 2022010594.529.13$958
Jul 20220120101.587.54$905
Jun 20220105115.097.98$838
May 20220100109.378.43$843
Apr 20220148104.226.84$1,012
Mar 20220118108.885.08$599
Feb 2022010591.054.86$510
Jan 202206181.844.54$277
Dec 2021010271.323.90$398
Nov 2021010077.435.24$524
Oct 2021028079.795.71$1,600
Sep 2021027969.865.35$1,493
Aug 2021023166.024.22$975
Jul 2021024070.783.98$956
Jun 2021027669.493.38$933
May 2021017063.483.02$513
Apr 2021010060.362.76$276
Mar 2021021561.302.72$584
Feb 2021020557.805.55$1,137
Jan 2021020050.412.81$562
Dec 2020017044.642.68$455
Nov 2020020038.772.71$541
Oct 2020021536.972.48$533
Sep 2020021037.091.99$418
Aug 2020022039.982.39$525
Jul 2020020038.371.83$365
Jun 2020022034.901.69$372
May 2020017116.921.81$310
Apr 2020012014.751.80$217
Mar 2020011030.341.86$204
Feb 2020012049.881.98$238
Jan 2020034057.252.09$712
Dec 2019035059.012.30$807
Nov 2019032055.302.75$880
Oct 2019030053.472.42$726
Sep 2019032055.052.66$850
Aug 2019028053.112.30$645
Jul 2019031056.272.46$763
Jun 2019018052.782.49$448
May 2019022958.482.74$628
Apr 2019019062.632.75$523
Mar 2019011056.803.06$337
Feb 2019028050.852.79$782
Jan 2019027046.033.23$872
Dec 20180046.594.19$0
Nov 2018013552.934.24$572
Oct 2018014061.443.40$476
Sep 2018014559.543.11$451
Aug 2018019559.403.07$598
Jul 2018020565.142.93$601
Jun 2018021060.183.08$646
May 2018022065.382.90$638
Apr 201817332863.842.90$11,996
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018020562.874.01$822
Dec 2017028057.272.92$818
Nov 2017022055.423.12$686
Oct 2017028049.292.98$835
Sep 2017030047.523.09$926
Aug 2017030545.373.00$916
Jul 2017040043.873.09$1,235
Jun 2017036042.493.09$1,111
May 2017037045.373.26$1,207
Apr 2017038047.933.21$1,220
Mar 201716639046.772.98$8,927
Feb 2017040050.452.95$1,181
Jan 2017041049.413.42$1,402
Dec 2016052048.763.72$1,936
Nov 2016048142.492.64$1,272
Oct 2016051746.193.09$1,598
Sep 2016053541.553.10$1,659
Aug 2016051041.442.92$1,491
Jul 2016024841.622.92$725
Jun 201604545.352.69$121
May 201604042.521.99$80
Apr 20160036.561.99$0
Mar 2016020033.011.79$359
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015010632.362.00$212
Nov 201515811238.792.17$6,372
Oct 2015010043.552.43$243
Sep 2015012642.992.76$348
Aug 2015015040.162.87$431
Jul 2015015448.152.95$454
Jun 2015024356.152.88$701
May 2015020255.212.96$597
Apr 2015021249.822.71$574
Mar 2015028342.892.93$831
Feb 2015023344.662.98$693
Jan 2015020843.433.10$645
Dec 201407954.693.59$284
Nov 2014030070.464.25$1,276
Oct 2014010078.303.90$390
Sep 2014010086.164.05$405
Aug 2014014889.394.04$597
Jul 2014028796.564.18$1,200
Jun 2014026698.164.74$1,260
May 2014031094.734.73$1,465
Apr 2014041595.944.81$1,996
Mar 201416555295.895.06$18,613
Feb 2014033097.406.19$2,043
Jan 2014014090.404.86$681
Dec 2013021091.824.35$914
Nov 2013030288.853.74$1,129
Oct 2013027697.423.78$1,043
Sep 20130323104.113.72$1,201
Aug 20130292104.253.52$1,029
Jul 20130329102.523.72$1,223
Jun 201316230694.403.93$16,496
May 2013029294.834.15$1,212
Apr 2013028993.964.28$1,238
Mar 2013023193.623.91$904
Feb 20135032791.233.42$5,680
Jan 2013037991.603.42$1,296
Dec 2012032186.773.42$1,098
Nov 2012038086.953.62$1,377
Oct 2012044989.383.40$1,526
Sep 2012015294.672.92$444
Aug 2012020092.662.91$582
Jul 201215547985.133.02$14,642
Jun 2012042179.822.52$1,061
May 2012017391.612.49$430
Apr 20127732101.652.00$7,891
Mar 20120270105.052.22$600
Feb 20120453101.102.57$1,164
Jan 201203298.092.73$87
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 20110594.144.52$23
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011013105.964.33$56
Mar 2011521596.364.06$5,072
Feb 201101885.644.18$75
Jan 201101286.504.59$55
Dec 201001485.734.35$61
Nov 201001580.843.80$57
Oct 201002278.103.51$77
Sep 201001872.633.98$72
Aug 201002373.684.42$102
Jul 201001872.554.74$85
Jun 201001470.364.91$69
May 201001271.124.24$51
Apr 2010391081.694.12$3,227
Mar 20100078.394.39$0
Feb 201001873.585.44$98
Jan 201003874.365.96$227
Dec 200902371.445.48$126
Nov 200901874.593.75$68
Oct 200901572.544.11$62
Sep 20090065.543.06$0
Aug 200901567.423.22$48
Jul 200902061.133.46$69
Jun 200907666.163.90$296
May 200904054.743.93$157
Apr 200903546.773.59$126
Mar 200965042.144.06$2,739
Feb 200901532.814.63$70
Jan 200901635.865.37$86
Dec 200801837.105.98$108
Nov 200802055.496.86$137
Oct 200801375.246.92$90
Sep 2008010101.767.88$79
Aug 2008028114.228.48$238
Jul 2008022131.0811.39$251
Jun 2008042131.3313.03$547
May 20086350123.1711.57$8,338
Apr 2008032110.3110.45$335
Mar 2008055101.909.66$532
Feb 200806292.538.77$544
Jan 200805190.388.21$418
Dec 200707288.337.30$526
Nov 2007010791.677.29$780
Oct 20078411182.856.92$7,728
Sep 200706675.846.24$412
Aug 200704269.066.39$268
Jul 200701570.906.39$96
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200703056.927.30$219

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 2024 — as filed, then multipliedworked
Oil                    0 bbl  × $ 79.93 =         $0
Casinghead gas        40 Mcf  × $  2.15 =        $86

────────────────────────────────────────────────────
Month total                                      $86

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/29886 is the state's own key, not one this site invented.