STATE

Operated by GIEBEL PETROLEUM LTD. (P-5 304280) in the GIEBEL (CFA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67970District 8AField 34742450Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$575 k
Aug 1998 – Jul 2004
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
72
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 21 leases and 48 wells, and the rule below applies to all of them.

Discovered
not filed
Field class
Oil
the register's own label
Between wells
933 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 1998-08-11.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition14,761 bbl$338,506
Casinghead gasProduction63,655 Mcf$236,119
Total$574,625

Wells on this lease (2)

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 32.5303, -102.9676. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.53033, -102.96764 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,669 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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.
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

Between 7,638 and 7,700 ft, median 7,669 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1983 – May 2004
2 of 2 wells

2 wells

42-1653435247,700 ftMay 2004Yes
42-1653261617,638 ftSep 1983Yes

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 (72)

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

72 months

Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 200429869034.365.53$14,055
Feb 200413453532.455.51$7,296
Jan 200414459132.036.30$8,335
Dec 200318272630.266.30$10,082
Nov 200316167828.804.60$7,752
Oct 200321073728.174.76$9,424
Sep 200319166926.314.75$8,203
Aug 20038369529.765.13$6,035
Jul 200317469229.415.17$8,696
Jun 200315767428.565.98$8,516
May 200318768226.595.97$9,046
Apr 200318152326.675.41$7,655
Mar 200320166031.146.10$10,283
Feb 200318068133.487.93$11,424
Jan 200320380930.315.58$10,669
Dec 200216378726.914.85$8,206
Nov 200223969824.664.14$8,781
Oct 200216166526.464.23$7,072
Sep 200219974527.443.64$8,169
Aug 200225686525.963.16$9,383
Jul 200213888224.583.06$6,093
Jun 200221883023.733.34$7,944
May 200212582524.663.58$6,039
Apr 200219473723.653.51$7,177
Mar 200221479222.003.10$7,165
Feb 200216950818.222.38$4,286
Jan 200236874717.172.38$8,093
Dec 200118785916.932.36$5,197
Nov 2001085918.072.41$2,066
Oct 200118890919.782.53$6,017
Sep 200122790824.262.25$7,551
Aug 200118292724.873.05$7,357
Jul 200116996623.933.20$7,133
Jun 200117889724.563.82$7,802
May 200125694525.524.31$10,604
Apr 200117793824.685.34$9,373
Mar 200118499524.545.38$9,865
Feb 200124789527.755.77$12,016
Jan 20012271,00227.478.40$14,651
Dec 200024298026.889.12$15,445
Nov 20001321,02732.215.66$10,062
Oct 20002501,05131.235.15$13,215
Sep 200018088431.875.19$10,321
Aug 20001721,10229.644.54$10,102
Jul 20004251,12128.534.09$16,710
Jun 200001,09729.304.40$4,824
May 20003551,15627.263.68$13,931
Apr 20001321,08124.513.12$6,604
Mar 20002741,06228.422.86$10,824
Feb 20003261,06727.622.73$11,913
Jan 20001591,16425.272.48$6,905
Dec 19992981,19224.282.42$10,125
Nov 19992091,25023.192.43$7,889
Oct 19992061,31220.982.80$8,000
Sep 19992521,32421.752.62$8,948
Aug 19992621,36119.262.88$8,960
Jul 19992871,38617.892.37$8,423
Jun 19992641,33815.942.36$7,369
May 19992421,33615.792.32$6,922
Apr 19993331,19015.102.21$7,656
Mar 19992531,26912.471.84$5,488
Feb 19992591,1519.981.82$4,677
Jan 19993341,29410.381.90$5,925
Dec 19983651,3409.201.77$5,734
Nov 1998881,11010.892.19$3,384
Oct 19982991,00612.421.97$5,695
Sep 19982431,06812.592.08$5,284
Aug 199856871311.301.91$7,778

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.

Mar 2004 — as filed, then multipliedworked
Oil                  298 bbl  × $ 34.36 =    $10,239
Casinghead gas       690 Mcf  × $  5.53 =     $3,816

────────────────────────────────────────────────────
Month total                                  $14,055

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/67970 is the state's own key, not one this site invented.