GIBSON, J. J. "40"

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the PROVIDENCE (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 64407District 8AField 73291500CondensateGasSaveExport
Value, all time
$58 k
Jan 1993 – Aug 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
176
no gaps in the span
Streams
2
condensate, 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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered
1974-03-07
as the register files it
Field class
Gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/97.

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
CondensateDisposition409 bbl$10,189
GasProduction42,754 Mcf$47,746
Total$57,935

26,537 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 33.8384, -100.1413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.83839, -100.14133 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,233 ft
1 wells filed one
Completion to plug
32.0 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 6,233 ft.

Completions filed
Aug 1975
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: a median of 32.0 years across the 1 well that filed both dates, with the middle half between 32.0 years and 32.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-10130059106,233 ftAug 1975Aug 2007Yes

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 (176)

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

176 months

Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20038026.314.75$210
Aug 2003011629.765.13$595
Jul 2003317429.415.17$988
Jun 2003018628.565.98$1,113
May 2003011726.595.97$699
Apr 2003016026.675.41$865
Mar 200345031.146.10$429
Feb 200304933.487.93$388
Jan 20033630.315.58$124
Dec 2002015926.914.85$772
Nov 2002013424.664.14$554
Oct 200209026.464.23$381
Sep 200223127.443.64$168
Aug 200205725.963.16$180
Jul 2002022324.583.06$683
Jun 2002521823.733.34$846
May 2002014624.663.58$523
Apr 2002018123.653.51$636
Mar 2002343922.003.10$1,428
Feb 20023531818.222.38$1,393
Jan 200208617.172.38$204
Dec 2001458616.932.36$965
Nov 2001025818.072.41$621
Oct 2001622419.782.53$685
Sep 200129224.262.25$256
Aug 200123624.873.05$160
Jul 200111523.933.20$72
Jun 200102824.563.82$107
May 2001173925.524.31$602
Apr 20011311124.685.34$913
Mar 2001459724.545.38$1,626
Feb 2001212127.755.77$704
Jan 200131327.478.40$192
Dec 200008226.889.12$748
Nov 20003732.215.66$136
Oct 200007331.235.15$376
Sep 20002214531.875.19$1,453
Aug 2000021729.644.54$985
Jul 20001324628.534.09$1,377
Jun 200007429.304.40$325
May 2000919827.263.68$974
Apr 200006124.513.12$190
Mar 2000511028.422.86$457
Feb 20001111,09927.622.73$6,062
Jan 2000032725.272.48$811
Dec 19991112924.282.42$580
Nov 19991524723.192.43$949
Oct 1999016820.982.80$471
Sep 1999036521.752.62$956
Aug 1999046519.262.88$1,337
Jul 1999015017.892.37$356
Jun 199906415.942.36$151
May 19990815.792.32$19
Apr 1999055615.102.21$1,228
Mar 1999058712.471.84$1,079
Feb 199901389.981.82$251
Jan 199901210.381.90$23
Dec 199801879.201.77$332
Nov 1998011810.892.19$258
Oct 1998011012.421.97$217
Sep 19980612.592.08$13
Aug 1998013411.301.91$256
Jul 199807111.742.24$159
Jun 19980011.242.24$0
May 199803712.622.21$82
Apr 199807013.042.51$175
Mar 1998043312.802.31$1,000
Feb 1998056213.952.30$1,292
Jan 1998031214.702.15$672
Dec 1997037116.322.41$895
Nov 1997029218.193.09$902
Oct 1997011919.253.15$375
Sep 1997011917.742.95$352
Aug 1997018617.862.55$475
Jul 1997039217.582.25$881
Jun 1997023217.242.26$524
May 1997061218.972.31$1,413
Apr 1997025617.882.08$533
Mar 1997049318.951.94$956
Feb 1997071820.492.21$1,584
Jan 1997089923.483.54$3,182
Dec 1996061123.32$0
Nov 1996014421.97$0
Oct 1996062023.31$0
Sep 1996041922.22$0
Aug 1996041920.26$0
Jul 199601,66119.55$0
Jun 1996096318.73$0
May 199601,38219.43$0
Apr 199601,44121.51$0
Mar 199601,11619.38$0
Feb 1996057916.98$0
Jan 1996088917.07$0
Dec 1995046817.19$0
Nov 1995051716.00$0
Oct 1995035415.43$0
Sep 1995016716.18$0
Aug 1995022715.92$0
Jul 1995039815.24$0
Jun 1995048316.41$0
May 1995043117.56$0
Apr 1995030817.73$0
Mar 1995029116.44$0
Feb 1995028016.58$0
Jan 1995040215.92$0
Dec 1994022915.03$0
Nov 1994029415.90$0
Oct 1994037815.58$0
Sep 1994088215.29$0
Aug 1994021016.13$0
Jul 1994063717.56$0
Jun 1994041417.09$0
May 1994027015.88$0
Apr 1994060114.14$0
Mar 1994096412.46$0
Feb 1994073812.50$0
Jan 199401,15612.66$0
Dec 1993059712.33$0
Nov 1993040314.49$0
Oct 1993047215.85$0
Sep 1993019915.03$0
Aug 1993017915.66$0
Jul 1993046615.46$0
Jun 1993042616.79$0
May 1993018717.68$0
Apr 1993034618.05$0
Mar 1993062018.14$0
Feb 1993061617.90$0
Jan 1993268316.93$34

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.

Sep 2003 — as filed, then multipliedworked
Condensate             8 bbl  × $ 26.31 =       $210
Gas                    0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                     $210

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. 8A/G/64407 is the state's own key, not one this site invented.