GOODE ESTATE C UNIT

Name: GOODE ESTATE C UNIT lease production and value, Nov 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the BROWN-BASSETT (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 161516District 7CField 123907502 tax incentive programmesCondensateGasSave Export

Value, all time

$1.2 M

Nov 1996 – Oct 2010

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

168

no gaps in the span

Streams

condensate, gas

The BROWN-BASSETT (WOLFCAMP) 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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered

1961-05-02

as the register files it

Field class

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: “ALLOCATION FORMULA ADMIN.SUSPENDED EFFECTIVE 1-1-93.”

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	1997-04-23	136306
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	147 bbl	$6,307
Gas	Production	334,645 Mcf	$1,205,952
Total			$1,212,259

44,653 Mcf of this lease's gas, across 2 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 30.3592, -101.7611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.35922, -101.76106 · 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

5,900 ft

1 wells filed one

Completion to plug

11.9 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 5,900 ft.

Completions filed

Nov 1996

1 of 1 wells

Plug dates filed

Oct 2008

1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-44330682	3	5,900 ft	Nov 1996	Oct 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 (168)

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

168 months


Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	23	0	73.68	4.42	$1,695
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	8	131.08	11.39	$91
Jun 2008	0	21	131.33	13.03	$274
May 2008	0	10	123.17	11.57	$116
Apr 2008	0	61	110.31	10.45	$638
Mar 2008	0	632	101.90	9.66	$6,108
Feb 2008	0	371	92.53	8.77	$3,254
Jan 2008	0	106	90.38	8.21	$870
Dec 2007	0	366	88.33	7.30	$2,673
Nov 2007	0	512	91.67	7.29	$3,733
Oct 2007	0	858	82.85	6.92	$5,939
Sep 2007	0	1,168	75.84	6.24	$7,293
Aug 2007	3	697	69.06	6.39	$4,660
Jul 2007	3	851	70.90	6.39	$5,649
Jun 2007	2	605	62.00	7.55	$4,691
May 2007	33	506	58.74	7.85	$5,909
Apr 2007	0	445	59.61	7.81	$3,473
Mar 2007	0	62	56.92	7.30	$453
Feb 2007	0	285	55.10	8.22	$2,342
Jan 2007	0	2,497	50.30	6.73	$16,797
Dec 2006	0	934	56.65	6.92	$6,462
Nov 2006	0	1,530	54.20	7.62	$11,655
Oct 2006	0	1,924	54.90	6.01	$11,571
Sep 2006	0	1,494	60.08	5.04	$7,526
Aug 2006	0	1,434	68.71	7.34	$10,525
Jul 2006	0	1,401	69.37	6.34	$8,886
Jun 2006	0	1,671	66.28	6.38	$10,667
May 2006	0	1,498	66.01	6.42	$9,625
Apr 2006	0	1,399	64.39	7.36	$10,297
Mar 2006	0	1,444	56.70	7.08	$10,228
Feb 2006	0	1,320	57.59	7.75	$10,231
Jan 2006	0	1,439	60.59	8.93	$12,855
Dec 2005	0	1,022	54.94	13.42	$13,711
Nov 2005	0	1,353	54.69	10.59	$14,326
Oct 2005	0	1,175	58.34	13.80	$16,210
Sep 2005	0	1,191	61.45	12.08	$14,386
Aug 2005	0	1,351	61.51	9.80	$13,236
Jul 2005	0	1,571	55.69	7.84	$12,322
Jun 2005	0	1,525	52.33	7.38	$11,256
May 2005	0	1,679	45.22	6.65	$11,167
Apr 2005	0	1,776	49.20	7.36	$13,072
Mar 2005	0	1,713	50.37	7.15	$12,256
Feb 2005	0	1,664	45.22	6.31	$10,503
Jan 2005	0	2,146	43.16	6.32	$13,567
Dec 2004	0	1,331	39.86	6.75	$8,986
Nov 2004	0	621	45.28	6.33	$3,931
Oct 2004	0	544	49.70	6.52	$3,544
Sep 2004	0	1,187	43.24	5.28	$6,272
Aug 2004	0	1,363	42.37	5.55	$7,566
Jul 2004	0	906	38.28	6.08	$5,512
Jun 2004	0	1,191	36.10	6.43	$7,662
May 2004	0	933	37.48	6.49	$6,059
Apr 2004	0	1,115	34.47	5.86	$6,532
Mar 2004	0	1,563	34.36	5.53	$8,644
Feb 2004	0	1,364	32.45	5.51	$7,515
Jan 2004	0	1,462	32.03	6.30	$9,210
Dec 2003	0	1,161	30.26	6.30	$7,316
Nov 2003	0	1,243	28.80	4.60	$5,712
Oct 2003	0	1,485	28.17	4.76	$7,068
Sep 2003	0	1,557	26.31	4.75	$7,395
Aug 2003	0	1,654	29.76	5.13	$8,485
Jul 2003	0	1,768	29.41	5.17	$9,142
Jun 2003	0	1,787	28.56	5.98	$10,692
May 2003	0	1,970	26.59	5.97	$11,766
Apr 2003	0	1,862	26.67	5.41	$10,068
Mar 2003	0	1,917	31.14	6.10	$11,686
Feb 2003	0	1,943	33.48	7.93	$15,400
Jan 2003	0	3,027	30.31	5.58	$16,897
Dec 2002	0	1,485	26.91	4.85	$7,208
Nov 2002	0	248	24.66	4.14	$1,026
Oct 2002	0	1,040	26.46	4.23	$4,398
Sep 2002	0	726	27.44	3.64	$2,639
Aug 2002	0	647	25.96	3.16	$2,047
Jul 2002	0	451	24.58	3.06	$1,381
Jun 2002	0	720	23.73	3.34	$2,404
May 2002	0	812	24.66	3.58	$2,910
Apr 2002	0	450	23.65	3.51	$1,581
Mar 2002	0	382	22.00	3.10	$1,185
Feb 2002	0	521	18.22	2.38	$1,238
Jan 2002	0	607	17.17	2.38	$1,442
Dec 2001	0	887	16.93	2.36	$2,097
Nov 2001	0	1,327	18.07	2.41	$3,192
Oct 2001	0	1,516	19.78	2.53	$3,834
Sep 2001	0	1,002	24.26	2.25	$2,256
Aug 2001	0	1,477	24.87	3.05	$4,510
Jul 2001	0	1,958	23.93	3.20	$6,260
Jun 2001	0	2,411	24.56	3.82	$9,220
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	2,842	24.68	5.34	$15,163
Mar 2001	0	3,359	24.54	5.38	$18,059
Feb 2001	0	3,091	27.75	5.77	$17,826
Jan 2001	0	3,854	27.47	8.40	$32,369
Dec 2000	20	7,464	26.88	9.12	$68,628
Nov 2000	0	1,117	32.21	5.66	$6,320
Oct 2000	0	1,614	31.23	5.15	$8,305
Sep 2000	0	1,726	31.87	5.19	$8,952
Aug 2000	0	2,012	29.64	4.54	$9,136
Jul 2000	0	1,632	28.53	4.09	$6,674
Jun 2000	0	1,641	29.30	4.40	$7,216
May 2000	0	1,811	27.26	3.68	$6,664
Apr 2000	0	1,787	24.51	3.12	$5,568
Mar 2000	0	1,940	28.42	2.86	$5,548
Feb 2000	0	1,913	27.62	2.73	$5,216
Jan 2000	63	2,065	25.27	2.48	$6,714
Dec 1999	0	2,196	24.28	2.42	$5,322
Nov 1999	0	2,269	23.19	2.43	$5,523
Oct 1999	0	2,636	20.98	2.80	$7,391
Sep 1999	0	3,589	21.75	2.62	$9,399
Aug 1999	0	3,744	19.26	2.88	$10,766
Jul 1999	0	2,009	17.89	2.37	$4,766
Jun 1999	0	2,066	15.94	2.36	$4,880
May 1999	0	2,425	15.79	2.32	$5,628
Apr 1999	0	2,284	15.10	2.21	$5,043
Mar 1999	0	2,277	12.47	1.84	$4,186
Feb 1999	0	2,753	9.98	1.82	$5,004
Jan 1999	0	2,454	10.38	1.90	$4,662
Dec 1998	0	2,560	9.20	1.77	$4,540
Nov 1998	0	2,625	10.89	2.19	$5,738
Oct 1998	0	2,904	12.42	1.97	$5,719
Sep 1998	0	3,376	12.59	2.08	$7,031
Aug 1998	0	4,064	11.30	1.91	$7,751
Jul 1998	0	2,016	11.74	2.24	$4,510
Jun 1998	0	3,178	11.24	2.24	$7,110
May 1998	0	3,371	12.62	2.21	$7,438
Apr 1998	0	4,641	13.04	2.51	$11,627
Mar 1998	0	3,480	12.80	2.31	$8,037
Feb 1998	0	3,322	13.95	2.30	$7,638
Jan 1998	0	4,132	14.70	2.15	$8,904
Dec 1997	0	5,374	16.32	2.41	$12,957
Nov 1997	0	4,003	18.19	3.09	$12,362
Oct 1997	0	4,219	19.25	3.15	$13,289
Sep 1997	0	4,306	17.74	2.95	$12,724
Aug 1997	0	4,941	17.86	2.55	$12,623
Jul 1997	0	5,586	17.58	2.25	$12,551
Jun 1997	0	6,764	17.24	2.26	$15,268
May 1997	0	6,125	18.97	2.31	$14,140
Apr 1997	0	7,014	17.88	2.08	$14,609
Mar 1997	0	8,120	18.95	1.94	$15,746
Feb 1997	0	9,666	20.49	2.21	$21,322
Jan 1997	0	14,299	23.48	3.54	$50,614
Dec 1996	0	23,454	23.32	—	$0
Nov 1996	0	21,199	21.97	—	$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.

Aug 2010 — as filed, then multipliedworked

Condensate            23 bbl  × $ 73.68 =     $1,695
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,695

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/161516 is the state's own key, not one this site invented.