FITZGERALD

Operated by GUNGOLL, CARL E. EXPLORATION LLC (P-5 339348) in the ESTABAN, NW. (STRAWN REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32722District 7BField 29438500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 2024 – May 2026
Value, last 12 filed months
$728 k
at the published price for each month
Months reported
29
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 5 wells, and the rule below applies to all of them.

Discovered
1978-02-25
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2023-12-13.

The Commission's schedule remark for this field reads: 40 ACRE TOLERANCE, NO MAXIMUM DIAGONAL

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
OilDisposition14,251 bbl$1,011,284
Casinghead gasProduction45,367 Mcf$155,594
Total$1,166,879

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 32.4242, -100.4715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42423, -100.47153 · 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
6,335 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 6,335 ft.

Completions filed
Aug 2022
1 of 1 wells

1 well

42-353337346701H6,335 ftAug 2022

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 (29)

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

29 months

May 20267344,884106.413.05$92,981
Apr 20265583,48398.932.87$65,198
Mar 20267373,20589.753.15$76,240
Feb 20261,2822,52663.503.75$90,880
Jan 202603,14759.138.00$25,169
Dec 20251,1043,03756.664.41$75,956
Nov 20257483,02458.593.93$55,699
Oct 20251,28961459.383.30$78,570
Sep 2025728062.743.08$45,675
Aug 2025923063.933.01$59,007
Jul 2025554066.743.32$36,974
Jun 202536631766.483.13$25,323
May 202536688960.553.23$25,035
Apr 202518345362.363.54$13,017
Mar 2025182067.704.27$12,321
Feb 20250070.884.34$0
Jan 202501,20074.324.28$5,134
Dec 20243681,38268.993.12$29,702
Nov 202418599369.052.20$14,957
Oct 20243681,48871.372.28$29,659
Sep 20241731,00969.612.36$14,428
Aug 202436686475.632.06$29,464
Jul 202436282079.932.15$30,695
Jun 20241861,32378.082.63$18,008
May 20243701,44878.812.20$32,343
Apr 2024361084.451.66$30,486
Mar 2024029980.301.55$462
Feb 202402,92576.091.78$5,217
Jan 20241,7586,03773.023.30$148,277

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.

May 2026 — as filed, then multipliedworked
Oil                  734 bbl  × $106.41 =    $78,105
Casinghead gas     4,884 Mcf  × $  3.05 =    $14,876

────────────────────────────────────────────────────
Month total                                  $92,981

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/32722 is the state's own key, not one this site invented.