GORDON NC

Operated by GUNN OIL COMPANY (P-5 339493) in the BRIDJOURNER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31846District 7BField 11925550OilCasinghead gasSave
Value, all time
$32.8 M
Jul 2015 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
131
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition534,112 bbl$32,765,314
Casinghead gasProduction5,792 Mcf$15,881
Total$32,781,194

Wells on this lease (6)

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 32.7365, -100.6277. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.73666, -100.62779 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
4,693 ft
6 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.
6100.0%

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

Between 4,680 and 7,027 ft, median 4,693 ft, over the 6 wells that filed a depth.

Completions filed
Jul 2015 – Dec 2019
6 of 6 wells

6 wells

42-1513312984,710 ftDec 2019
42-1513307444,680 ftOct 2019
42-1513309164,686 ftApr 2018
42-1513307954,682 ftOct 2017
42-1513306434,700 ftOct 2016
42-1513298227,027 ftJul 2015

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 (131)

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

131 months

May 202600106.413.05$0
Apr 20262,638098.932.87$260,977
Mar 20263,060089.753.15$274,635
Feb 20262,447063.503.75$155,385
Jan 20262,755059.138.00$162,903
Dec 20253,263056.664.41$184,882
Nov 20253,241058.593.93$189,890
Oct 20253,459059.383.30$205,395
Sep 20252,173062.743.08$136,334
Aug 20251,427063.933.01$91,228
Jul 20252,912066.743.32$194,347
Jun 20252,714066.483.13$180,427
May 20252,529060.553.23$153,131
Apr 20252,488062.363.54$155,152
Mar 20252,329067.704.27$157,673
Feb 20252,410070.884.34$170,821
Jan 20252,614074.324.28$194,272
Dec 20242,563068.993.12$176,821
Nov 20242,393069.052.20$165,237
Oct 20242,937071.372.28$209,614
Sep 20242,728069.612.36$189,896
Aug 20242,733075.632.06$206,697
Jul 20243,056079.932.15$244,266
Jun 20242,919078.082.63$227,916
May 20242,504078.812.20$197,340
Apr 20241,981084.451.66$167,295
Mar 20243,110080.301.55$249,733
Feb 20242,578076.091.78$196,160
Jan 20242,947073.023.30$215,190
Dec 20233,275071.262.61$233,377
Nov 20232,878077.892.81$224,167
Oct 20233,067085.443.09$262,044
Sep 20233,245089.042.74$288,935
Aug 20233,421080.522.67$275,459
Jul 20233,256074.852.64$243,712
Jun 20233,605068.962.26$248,601
May 20233,571070.622.23$252,184
Apr 20233,633078.122.24$283,810
Mar 20233,990072.852.39$290,672
Feb 20233,849075.112.47$289,098
Jan 20233,999076.533.39$306,043
Dec 20224,177076.415.73$319,165
Nov 20224,008085.005.65$340,680
Oct 20224,740087.185.86$413,233
Sep 20224,811084.888.16$408,358
Aug 20224,377094.529.13$413,714
Jul 20224,1060101.587.54$417,087
Jun 20224,1380115.097.98$476,242
May 20224,0760109.378.43$445,792
Apr 20224,1340104.226.84$430,845
Mar 20224,3940108.885.08$478,419
Feb 20224,375091.054.86$398,344
Jan 20224,857081.844.54$397,497
Dec 20215,095071.323.90$363,375
Nov 20214,571077.435.24$353,933
Oct 20215,094079.795.71$406,450
Sep 20214,699069.865.35$328,272
Aug 20215,092066.024.22$336,174
Jul 20215,075070.783.98$359,209
Jun 20214,413069.493.38$306,659
May 20213,838063.483.02$243,636
Apr 20213,874060.362.76$233,835
Mar 20212,643061.302.72$162,016
Feb 20212,986057.805.55$172,591
Jan 20215,516050.412.81$278,062
Dec 20204,785044.642.68$213,602
Nov 20204,988038.772.71$193,385
Oct 20204,870036.972.48$180,044
Sep 20205,151037.091.99$191,051
Aug 20205,532039.982.39$221,169
Jul 20206,137038.371.83$235,477
Jun 20206,476034.901.69$226,012
May 20200016.921.81$0
Apr 20205,981014.751.80$88,220
Mar 20206,962030.341.86$211,227
Feb 20206,329049.881.98$315,691
Jan 20206,354057.252.09$363,767
Dec 20197,582059.012.30$447,414
Nov 20195,408055.302.75$299,062
Oct 20194,628053.472.42$247,459
Sep 20195,097055.052.66$280,590
Aug 20194,991053.112.30$265,072
Jul 20195,335056.272.46$300,200
Jun 20195,331052.782.49$281,370
May 20195,884058.482.74$344,096
Apr 20195,671062.632.75$355,175
Mar 20196,375056.803.06$362,100
Feb 20195,380050.852.79$273,573
Jan 20196,395046.033.23$294,362
Dec 20186,903046.594.19$321,611
Nov 20186,349052.934.24$336,053
Oct 20187,496061.443.40$460,554
Sep 20188,009059.543.11$476,856
Aug 20188,829059.403.07$524,443
Jul 20189,213065.142.93$600,135
Jun 20189,30310960.183.08$560,190
May 20187,962065.382.90$520,556
Apr 20188,196063.842.90$523,233
Mar 20186,470061.222.79$396,093
Feb 20186,495061.782.77$401,261
Jan 20187,218062.874.01$453,796
Dec 20176,002057.272.92$343,735
Nov 20176,976055.423.12$386,610
Oct 20174,2119949.292.98$207,856
Sep 20174,04024247.523.09$192,728
Aug 20174,29927745.373.00$195,878
Jul 20174,36025943.873.09$192,073
Jun 20173,8098742.493.09$162,113
May 20174,25826845.373.26$194,060
Apr 20172,87110647.933.21$137,947
Mar 20172,5787746.772.98$120,803
Feb 20172,7229950.452.95$137,617
Jan 20173,07714849.413.42$152,541
Dec 20163,23615248.763.72$158,353
Nov 20163,43621142.492.64$146,554
Oct 20163,82025346.193.09$177,228
Sep 20162,04128141.553.10$85,675
Aug 20162,34329541.442.92$97,957
Jul 20162,22430341.622.92$93,449
Jun 20162,23629745.352.69$102,200
May 20162,08228042.521.99$89,084
Apr 20162,06920236.561.99$76,045
Mar 20161,95019533.011.79$64,719
Feb 20161,71920026.472.06$45,915
Jan 20161,90720027.352.36$52,629
Dec 20151,55820532.362.00$50,827
Nov 20151,67122138.792.17$65,297
Oct 20151,71424443.552.43$75,237
Sep 20151,51421942.992.76$65,691
Aug 20152,50026340.162.87$101,155
Jul 20151,018048.152.95$49,017

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.

Apr 2026 — as filed, then multipliedworked
Oil                2,638 bbl  × $ 98.93 =   $260,977
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                 $260,977

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/31846 is the state's own key, not one this site invented.