GUNN

Name: GUNN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BETTIS, BOYLE & STOVALL (P-5 68360) in the SENECA (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139361District 7CField 822550502 tax incentive programmesCondensateGasSave Export

Value, all time

$177 k

Jan 1993 – Aug 2008

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

188

no gaps in the span

Streams

condensate, gas

The SENECA (CANYON) field

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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1983-11-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1984-07-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 09/01/94.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1991-10-23	123977
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Condensate	Disposition	172 bbl	$16,778
Gas	Production	84,509 Mcf	$160,119
Total			$176,897

42,852 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.8164, -100.6575. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.81637, -100.65754 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,700 ft

1 wells filed one

Completion to plug

16.7 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 6,700 ft.

Completions filed

Aug 1991

1 of 1 wells

Plug dates filed

Apr 2008

1 of 1 wells

Last completion to plug: a median of 16.7 years across the 1 well that filed both dates, with the middle half between 16.7 years and 16.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41331763	1	6,700 ft	Aug 1991	Apr 2008	Yes

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 (188)

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

188 months


Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	122	0	131.33	13.03	$16,022
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	91	68.71	7.34	$668
Jul 2006	0	23	69.37	6.34	$146
Jun 2006	0	31	66.28	6.38	$198
May 2006	0	34	66.01	6.42	$218
Apr 2006	0	35	64.39	7.36	$258
Mar 2006	0	62	56.70	7.08	$439
Feb 2006	0	63	57.59	7.75	$488
Jan 2006	0	73	60.59	8.93	$652
Dec 2005	0	71	54.94	13.42	$952
Nov 2005	0	73	54.69	10.59	$773
Oct 2005	0	239	58.34	13.80	$3,297
Sep 2005	0	271	61.45	12.08	$3,273
Aug 2005	0	279	61.51	9.80	$2,733
Jul 2005	0	288	55.69	7.84	$2,259
Jun 2005	0	286	52.33	7.38	$2,111
May 2005	0	279	45.22	6.65	$1,856
Apr 2005	0	232	49.20	7.36	$1,708
Mar 2005	0	207	50.37	7.15	$1,481
Feb 2005	0	264	45.22	6.31	$1,666
Jan 2005	0	289	43.16	6.32	$1,827
Dec 2004	0	293	39.86	6.75	$1,978
Nov 2004	0	280	45.28	6.33	$1,773
Oct 2004	0	280	49.70	6.52	$1,824
Sep 2004	0	280	43.24	5.28	$1,479
Aug 2004	0	295	42.37	5.55	$1,637
Jul 2004	0	310	38.28	6.08	$1,886
Jun 2004	0	310	36.10	6.43	$1,994
May 2004	0	348	37.48	6.49	$2,260
Apr 2004	0	286	34.47	5.86	$1,676
Mar 2004	0	171	34.36	5.53	$946
Feb 2004	0	179	32.45	5.51	$986
Jan 2004	0	198	32.03	6.30	$1,247
Dec 2003	0	201	30.26	6.30	$1,267
Nov 2003	0	204	28.80	4.60	$937
Oct 2003	0	204	28.17	4.76	$971
Sep 2003	0	202	26.31	4.75	$959
Aug 2003	0	422	29.76	5.13	$2,165
Jul 2003	0	226	29.41	5.17	$1,169
Jun 2003	0	225	28.56	5.98	$1,346
May 2003	0	246	26.59	5.97	$1,469
Apr 2003	0	263	26.67	5.41	$1,422
Mar 2003	0	239	31.14	6.10	$1,457
Feb 2003	0	225	33.48	7.93	$1,783
Jan 2003	0	257	30.31	5.58	$1,435
Dec 2002	0	258	26.91	4.85	$1,252
Nov 2002	0	254	24.66	4.14	$1,051
Oct 2002	0	275	26.46	4.23	$1,163
Sep 2002	0	343	27.44	3.64	$1,247
Aug 2002	0	308	25.96	3.16	$975
Jul 2002	0	324	24.58	3.06	$992
Jun 2002	0	356	23.73	3.34	$1,188
May 2002	0	387	24.66	3.58	$1,387
Apr 2002	0	777	23.65	3.51	$2,729
Mar 2002	0	411	22.00	3.10	$1,275
Feb 2002	0	376	18.22	2.38	$893
Jan 2002	0	416	17.17	2.38	$988
Dec 2001	0	420	16.93	2.36	$993
Nov 2001	0	413	18.07	2.41	$993
Oct 2001	0	777	19.78	2.53	$1,965
Sep 2001	0	395	24.26	2.25	$889
Aug 2001	0	440	24.87	3.05	$1,343
Jul 2001	0	441	23.93	3.20	$1,410
Jun 2001	0	398	24.56	3.82	$1,522
May 2001	0	536	25.52	4.31	$2,309
Apr 2001	0	566	24.68	5.34	$3,020
Mar 2001	0	309	24.54	5.38	$1,661
Feb 2001	0	284	27.75	5.77	$1,638
Jan 2001	0	323	27.47	8.40	$2,713
Dec 2000	0	310	26.88	9.12	$2,828
Nov 2000	0	302	32.21	5.66	$1,709
Oct 2000	0	332	31.23	5.15	$1,708
Sep 2000	0	325	31.87	5.19	$1,686
Aug 2000	0	342	29.64	4.54	$1,553
Jul 2000	0	339	28.53	4.09	$1,386
Jun 2000	0	333	29.30	4.40	$1,464
May 2000	0	350	27.26	3.68	$1,288
Apr 2000	0	353	24.51	3.12	$1,100
Mar 2000	0	375	28.42	2.86	$1,072
Feb 2000	0	347	27.62	2.73	$946
Jan 2000	0	365	25.27	2.48	$905
Dec 1999	0	371	24.28	2.42	$899
Nov 1999	0	777	23.19	2.43	$1,891
Oct 1999	0	399	20.98	2.80	$1,119
Sep 1999	0	390	21.75	2.62	$1,021
Aug 1999	0	403	19.26	2.88	$1,159
Jul 1999	0	410	17.89	2.37	$973
Jun 1999	0	405	15.94	2.36	$957
May 1999	0	431	15.79	2.32	$1,000
Apr 1999	0	419	15.10	2.21	$925
Mar 1999	0	449	12.47	1.84	$825
Feb 1999	0	398	9.98	1.82	$723
Jan 1999	0	448	10.38	1.90	$851
Dec 1998	0	459	9.20	1.77	$814
Nov 1998	0	453	10.89	2.19	$990
Oct 1998	0	471	12.42	1.97	$928
Sep 1998	0	473	12.59	2.08	$985
Aug 1998	0	363	11.30	1.91	$692
Jul 1998	0	509	11.74	2.24	$1,139
Jun 1998	0	505	11.24	2.24	$1,130
May 1998	0	524	12.62	2.21	$1,156
Apr 1998	0	509	13.04	2.51	$1,275
Mar 1998	0	512	12.80	2.31	$1,182
Feb 1998	0	482	13.95	2.30	$1,108
Jan 1998	0	537	14.70	2.15	$1,157
Dec 1997	0	655	16.32	2.41	$1,579
Nov 1997	0	567	18.19	3.09	$1,751
Oct 1997	0	599	19.25	3.15	$1,887
Sep 1997	0	599	17.74	2.95	$1,770
Aug 1997	0	672	17.86	2.55	$1,717
Jul 1997	0	474	17.58	2.25	$1,065
Jun 1997	0	754	17.24	2.26	$1,702
May 1997	0	454	18.97	2.31	$1,048
Apr 1997	0	620	17.88	2.08	$1,291
Mar 1997	0	659	18.95	1.94	$1,278
Feb 1997	2	624	20.49	2.21	$1,417
Jan 1997	0	689	23.48	3.54	$2,439
Dec 1996	0	656	23.32	—	$0
Nov 1996	0	670	21.97	—	$0
Oct 1996	0	752	23.31	—	$0
Sep 1996	0	650	22.22	—	$0
Aug 1996	0	706	20.26	—	$0
Jul 1996	0	649	19.55	—	$0
Jun 1996	0	640	18.73	—	$0
May 1996	0	683	19.43	—	$0
Apr 1996	0	685	21.51	—	$0
Mar 1996	0	747	19.38	—	$0
Feb 1996	1	728	16.98	—	$17
Jan 1996	0	833	17.07	—	$0
Dec 1995	1	892	17.19	—	$17
Nov 1995	0	785	16.00	—	$0
Oct 1995	1	935	15.43	—	$15
Sep 1995	1	927	16.18	—	$16
Aug 1995	0	785	15.92	—	$0
Jul 1995	0	717	15.24	—	$0
Jun 1995	0	720	16.41	—	$0
May 1995	0	778	17.56	—	$0
Apr 1995	0	783	17.73	—	$0
Mar 1995	0	903	16.44	—	$0
Feb 1995	0	738	16.58	—	$0
Jan 1995	0	866	15.92	—	$0
Dec 1994	0	934	15.03	—	$0
Nov 1994	0	563	15.90	—	$0
Oct 1994	0	783	15.58	—	$0
Sep 1994	0	806	15.29	—	$0
Aug 1994	0	750	16.13	—	$0
Jul 1994	0	815	17.56	—	$0
Jun 1994	1	848	17.09	—	$17
May 1994	0	895	15.88	—	$0
Apr 1994	33	896	14.14	—	$467
Mar 1994	0	895	12.46	—	$0
Feb 1994	0	860	12.50	—	$0
Jan 1994	1	1,000	12.66	—	$13
Dec 1993	0	712	12.33	—	$0
Nov 1993	2	1,053	14.49	—	$29
Oct 1993	0	1,103	15.85	—	$0
Sep 1993	0	942	15.03	—	$0
Aug 1993	0	1,075	15.66	—	$0
Jul 1993	0	1,207	15.46	—	$0
Jun 1993	1	1,269	16.79	—	$17
May 1993	4	1,796	17.68	—	$71
Apr 1993	1	2,052	18.05	—	$18
Mar 1993	1	934	18.14	—	$18
Feb 1993	0	1,164	17.90	—	$0
Jan 1993	0	1,272	16.93	—	$0

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 2008 — as filed, then multipliedworked

Condensate           122 bbl  × $131.33 =    $16,022
Gas                    0 Mcf  × $ 13.03 =         $0

────────────────────────────────────────────────────
Month total                                  $16,022

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. 7C/G/139361 is the state's own key, not one this site invented.