GIBSON, J. J.

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

Oil lease lease 62035District 8AField 73240500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Feb 2011
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
218
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 10 wells, and the rule below applies to all of them.

Discovered
1977-09-16
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition47,944 bbl$1,199,313
Casinghead gasProduction21 Mcf$0
Total$1,199,313

21 Mcf of this lease's gas, across 21 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 33.7936, -100.2621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.79357, -100.26213 · 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
4,625 ft
1 wells filed one
Completion to plug
32.8 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 4,625 ft.

Completions filed
Nov 1977
1 of 1 wells
Plug dates filed
Sep 2010
1 of 1 wells

Last completion to plug: a median of 32.8 years across the 1 well that filed both dates, with the middle half between 32.8 years and 32.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2693079014,625 ftNov 1977Sep 2010Yes

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 (218)

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

218 months

Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010275080.843.80$22,231
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081780110.3110.45$19,635
Mar 200800101.909.66$0
Feb 2008172092.538.77$15,915
Jan 20080090.388.21$0
Dec 2007172088.337.30$15,193
Nov 2007178091.677.29$16,317
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007350070.906.39$24,815
Jun 20070062.007.55$0
May 2007176058.747.85$10,338
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007176050.306.73$8,853
Dec 20060056.656.92$0
Nov 2006182054.207.62$9,864
Oct 2006175054.906.01$9,608
Sep 20060060.085.04$0
Aug 2006179068.717.34$12,299
Jul 2006172069.376.34$11,932
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006344064.397.36$22,150
Mar 20060056.707.08$0
Feb 2006175057.597.75$10,078
Jan 2006171060.598.93$10,361
Dec 2005176054.9413.42$9,669
Nov 20050054.6910.59$0
Oct 2005171058.3413.80$9,976
Sep 2005170061.4512.08$10,447
Aug 2005171061.519.80$10,518
Jul 2005338055.697.84$18,823
Jun 2005173052.337.38$9,053
May 2005168045.226.65$7,597
Apr 2005173049.207.36$8,512
Mar 2005171050.377.15$8,613
Feb 2005168045.226.31$7,597
Jan 2005355043.166.32$15,322
Dec 2004177039.866.75$7,055
Nov 2004178045.286.33$8,060
Oct 2004170049.706.52$8,449
Sep 20040043.245.28$0
Aug 2004341042.375.55$14,448
Jul 2004176038.286.08$6,737
Jun 2004180036.106.43$6,498
May 2004180037.486.49$6,746
Apr 2004178034.475.86$6,136
Mar 2004353034.365.53$12,129
Feb 20040032.455.51$0
Jan 2004181032.036.30$5,797
Dec 2003349030.266.30$10,561
Nov 2003173028.804.60$4,982
Oct 2003178028.174.76$5,014
Sep 2003176026.314.75$4,631
Aug 2003173029.765.13$5,148
Jul 2003175029.415.17$5,147
Jun 2003178028.565.98$5,084
May 2003181026.595.97$4,813
Apr 2003346026.675.41$9,228
Mar 2003179031.146.10$5,574
Feb 2003344033.487.93$11,517
Jan 2003348030.315.58$10,548
Dec 2002183026.914.85$4,925
Nov 2002362024.664.14$8,927
Oct 2002176026.464.23$4,657
Sep 2002178027.443.64$4,884
Aug 2002356025.963.16$9,242
Jul 2002355024.583.06$8,726
Jun 2002352023.733.34$8,353
May 2002357024.663.58$8,804
Apr 2002182023.653.51$4,304
Mar 2002535022.003.10$11,770
Feb 2002180018.222.38$3,280
Jan 20020017.172.38$0
Dec 2001356016.932.36$6,027
Nov 2001181018.072.41$3,271
Oct 2001353019.782.53$6,982
Sep 2001179024.262.25$4,343
Aug 2001179024.873.05$4,452
Jul 2001349023.933.20$8,352
Jun 2001175024.563.82$4,298
May 2001177025.524.31$4,517
Apr 2001355024.685.34$8,761
Mar 20010024.545.38$0
Feb 2001360027.755.77$9,990
Jan 2001180027.478.40$4,945
Dec 2000184026.889.12$4,946
Nov 20000032.215.66$0
Oct 2000177031.235.15$5,528
Sep 2000175031.875.19$5,577
Aug 2000177029.644.54$5,246
Jul 2000358028.534.09$10,214
Jun 2000177029.304.40$5,186
May 20000027.263.68$0
Apr 2000176024.513.12$4,314
Mar 2000359028.422.86$10,203
Feb 2000181027.622.73$4,999
Jan 2000362025.272.48$9,148
Dec 1999184024.282.42$4,468
Nov 1999364023.192.43$8,441
Oct 1999361020.982.80$7,574
Sep 1999357021.752.62$7,765
Aug 1999355019.262.88$6,837
Jul 1999530017.892.37$9,482
Jun 1999359015.942.36$5,722
May 1999537015.792.32$8,479
Apr 1999548015.102.21$8,275
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998367012.421.97$4,558
Sep 1998532012.592.08$6,698
Aug 1998362011.301.91$4,091
Jul 1998352011.742.24$4,132
Jun 1998536011.242.24$6,025
May 1998361012.622.21$4,556
Apr 1998539013.042.51$7,029
Mar 19980012.802.31$0
Feb 1998346013.952.30$4,827
Jan 1998180014.702.15$2,646
Dec 1997178016.322.41$2,905
Nov 1997340018.193.09$6,185
Oct 1997350019.253.15$6,738
Sep 1997177017.742.95$3,140
Aug 1997361017.862.55$6,447
Jul 1997359017.582.25$6,311
Jun 1997348017.242.26$6,000
May 1997357018.972.31$6,772
Apr 1997175017.882.08$3,129
Mar 1997345018.951.94$6,538
Feb 1997342020.492.21$7,008
Jan 1997532023.483.54$12,491
Dec 1996348023.32$8,115
Nov 1996175021.97$3,845
Oct 1996355023.31$8,275
Sep 1996175022.22$3,889
Aug 1996353020.26$7,152
Jul 1996176019.55$3,441
Jun 1996349018.73$6,537
May 1996351019.43$6,820
Apr 1996516021.51$11,099
Mar 1996355019.38$6,880
Feb 1996345016.98$5,858
Jan 1996357017.07$6,094
Dec 1995355017.19$6,102
Nov 1995352016.00$5,632
Oct 1995527015.43$8,132
Sep 1995349016.18$5,647
Aug 1995534015.92$8,501
Jul 1995349015.24$5,319
Jun 1995364016.41$5,973
May 1995178017.56$3,126
Apr 1995362017.73$6,418
Mar 1995362016.44$5,951
Feb 1995363016.58$6,019
Jan 1995357015.92$5,683
Dec 1994182015.03$2,735
Nov 1994356015.90$5,660
Oct 1994351015.58$5,469
Sep 1994360115.29$5,504
Aug 1994522116.13$8,420
Jul 1994356117.56$6,251
Jun 1994478117.09$8,169
May 1994422115.88$6,701
Apr 1994544114.14$7,692
Mar 1994536112.46$6,679
Feb 1994363112.50$4,538
Jan 1994719112.66$9,103
Dec 1993363112.33$4,476
Nov 1993551114.49$7,984
Oct 1993550115.85$8,718
Sep 1993493115.03$7,410
Aug 1993177115.66$2,772
Jul 1993542115.46$8,379
Jun 1993353116.79$5,927
May 1993362117.68$6,400
Apr 1993531118.05$9,585
Mar 1993543118.14$9,850
Feb 1993180117.90$3,222
Jan 1993160116.93$2,709

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.

Nov 2010 — as filed, then multipliedworked
Oil                  275 bbl  × $ 80.84 =    $22,231
Casinghead gas         0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                  $22,231

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/O/62035 is the state's own key, not one this site invented.