GOOD 30-1

Name: GOOD 30-1 lease production and value, Oct 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BROOKS, E. B., JR. (P-5 97035) in the ACKERLY, E. (PENN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68007District 8AField 00449500OilCasinghead gasSave Export

Value, all time

$864 k

Oct 1998 – Sep 2008

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

120

no gaps in the span

Streams

oil, casinghead gas

The ACKERLY, E. (PENN.) 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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered

1955-02-07

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1992-04-01.

The Commission's schedule remark for this field reads: “EFFECTIVE APRIL 18, 1994.”

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
Oil	Disposition	29,840 bbl	$816,842
Casinghead gas	Production	10,112 Mcf	$47,187
Total			$864,029

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 32.6003, -101.7052. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60029, -101.70517 · 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

9,135 ft

1 wells filed one

Completion to plug

9.8 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 9,135 ft.

Completions filed

Oct 1998

1 of 1 wells

Plug dates filed

Aug 2008

1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-11533027	1	9,135 ft	Oct 1998	Aug 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 (120)

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

120 months


Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
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	81	0	92.53	8.77	$7,495
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	169	31	62.00	7.55	$10,712
May 2007	197	45	58.74	7.85	$11,925
Apr 2007	184	53	59.61	7.81	$11,382
Mar 2007	0	76	56.92	7.30	$555
Feb 2007	181	57	55.10	8.22	$10,441
Jan 2007	369	55	50.30	6.73	$18,931
Dec 2006	0	58	56.65	6.92	$401
Nov 2006	180	61	54.20	7.62	$10,221
Oct 2006	184	57	54.90	6.01	$10,444
Sep 2006	180	63	60.08	5.04	$11,132
Aug 2006	0	42	68.71	7.34	$308
Jul 2006	182	93	69.37	6.34	$13,215
Jun 2006	181	92	66.28	6.38	$12,584
May 2006	181	92	66.01	6.42	$12,539
Apr 2006	181	94	64.39	7.36	$12,346
Mar 2006	184	85	56.70	7.08	$11,035
Feb 2006	160	34	57.59	7.75	$9,478
Jan 2006	183	72	60.59	8.93	$11,731
Dec 2005	182	73	54.94	13.42	$10,978
Nov 2005	183	81	54.69	10.59	$10,866
Oct 2005	182	87	58.34	13.80	$11,818
Sep 2005	179	89	61.45	12.08	$12,075
Aug 2005	182	91	61.51	9.80	$12,086
Jul 2005	182	93	55.69	7.84	$10,865
Jun 2005	185	75	52.33	7.38	$10,235
May 2005	189	95	45.22	6.65	$9,178
Apr 2005	180	84	49.20	7.36	$9,474
Mar 2005	182	77	50.37	7.15	$9,718
Feb 2005	285	82	45.22	6.31	$13,405
Jan 2005	184	56	43.16	6.32	$8,295
Dec 2004	187	73	39.86	6.75	$7,947
Nov 2004	185	97	45.28	6.33	$8,991
Oct 2004	364	68	49.70	6.52	$18,534
Sep 2004	180	101	43.24	5.28	$8,317
Aug 2004	180	59	42.37	5.55	$7,954
Jul 2004	176	64	38.28	6.08	$7,127
Jun 2004	183	69	36.10	6.43	$7,050
May 2004	178	57	37.48	6.49	$7,042
Apr 2004	176	62	34.47	5.86	$6,430
Mar 2004	187	65	34.36	5.53	$6,785
Feb 2004	184	50	32.45	5.51	$6,246
Jan 2004	184	56	32.03	6.30	$6,246
Dec 2003	182	51	30.26	6.30	$5,829
Nov 2003	185	60	28.80	4.60	$5,604
Oct 2003	183	97	28.17	4.76	$5,617
Sep 2003	183	99	26.31	4.75	$5,285
Aug 2003	183	107	29.76	5.13	$5,995
Jul 2003	238	75	29.41	5.17	$7,387
Jun 2003	186	75	28.56	5.98	$5,761
May 2003	180	86	26.59	5.97	$5,300
Apr 2003	183	94	26.67	5.41	$5,389
Mar 2003	183	87	31.14	6.10	$6,229
Feb 2003	171	81	33.48	7.93	$6,367
Jan 2003	178	89	30.31	5.58	$5,892
Dec 2002	365	88	26.91	4.85	$10,249
Nov 2002	178	88	24.66	4.14	$4,754
Oct 2002	183	96	26.46	4.23	$5,248
Sep 2002	180	95	27.44	3.64	$5,285
Aug 2002	181	100	25.96	3.16	$5,015
Jul 2002	353	100	24.58	3.06	$8,983
Jun 2002	185	100	23.73	3.34	$4,724
May 2002	179	106	24.66	3.58	$4,794
Apr 2002	179	88	23.65	3.51	$4,542
Mar 2002	182	98	22.00	3.10	$4,308
Feb 2002	341	87	18.22	2.38	$6,420
Jan 2002	180	103	17.17	2.38	$3,335
Dec 2001	185	98	16.93	2.36	$3,364
Nov 2001	176	101	18.07	2.41	$3,423
Oct 2001	356	95	19.78	2.53	$7,282
Sep 2001	185	100	24.26	2.25	$4,713
Aug 2001	167	103	24.87	3.05	$4,468
Jul 2001	170	106	23.93	3.20	$4,407
Jun 2001	332	95	24.56	3.82	$8,517
May 2001	179	103	25.52	4.31	$5,012
Apr 2001	169	99	24.68	5.34	$4,699
Mar 2001	354	97	24.54	5.38	$9,209
Feb 2001	175	66	27.75	5.77	$5,237
Jan 2001	343	115	27.47	8.40	$10,388
Dec 2000	175	102	26.88	9.12	$5,635
Nov 2000	173	75	32.21	5.66	$5,997
Oct 2000	176	51	31.23	5.15	$5,759
Sep 2000	176	97	31.87	5.19	$6,112
Aug 2000	328	100	29.64	4.54	$10,176
Jul 2000	176	99	28.53	4.09	$5,426
Jun 2000	350	100	29.30	4.40	$10,695
May 2000	177	95	27.26	3.68	$5,175
Apr 2000	335	94	24.51	3.12	$8,504
Mar 2000	174	105	28.42	2.86	$5,245
Feb 2000	342	104	27.62	2.73	$9,730
Jan 2000	343	121	25.27	2.48	$8,968
Dec 1999	2	2	24.28	2.42	$53
Nov 1999	177	83	23.19	2.43	$4,307
Oct 1999	338	91	20.98	2.80	$7,346
Sep 1999	352	101	21.75	2.62	$7,921
Aug 1999	357	126	19.26	2.88	$7,238
Jul 1999	536	157	17.89	2.37	$9,962
Jun 1999	518	174	15.94	2.36	$8,668
May 1999	523	287	15.79	2.32	$8,924
Apr 1999	682	531	15.10	2.21	$11,471
Mar 1999	1,379	860	12.47	1.84	$18,777
Feb 1999	868	265	9.98	1.82	$9,144
Jan 1999	1,373	0	10.38	1.90	$14,252
Dec 1998	2,138	0	9.20	1.77	$19,670
Nov 1998	2,324	0	10.89	2.19	$25,308
Oct 1998	0	0	12.42	1.97	$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.

Feb 2008 — as filed, then multipliedworked

Oil                   81 bbl  × $ 92.53 =     $7,495
Casinghead gas         0 Mcf  × $  8.77 =         $0

────────────────────────────────────────────────────
Month total                                   $7,495

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/68007 is the state's own key, not one this site invented.