ACTON, PAMELA

Operated by CHEVRON MIDCONTINENT, L.P. (P-5 147862) in the MASSIE (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160337District 01Field 58112500CondensateGasSaveExport
Value, all time
$235 k
Oct 1996 – Oct 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
193
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 61 leases and 61 wells, and the rule below applies to all of them.

Discovered
1980-04-30
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: OPTIONAL 80 ACR UNIT W/DIAG 3250.

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
CondensateDisposition43 bbl$667
GasProduction57,935 Mcf$234,822
Total$235,489

3,668 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.

Every month this lease reported (193)

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

193 months

Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011011396.364.06$458
Feb 2011019385.644.18$807
Jan 2011014386.504.59$656
Dec 2010022185.734.35$961
Nov 2010034480.843.80$1,306
Oct 2010024378.103.51$853
Sep 2010020472.633.98$812
Aug 2010011373.684.42$499
Jul 2010012772.554.74$602
Jun 2010017670.364.91$864
May 2010010571.124.24$445
Apr 201008881.694.12$363
Mar 201009578.394.39$417
Feb 2010021873.585.44$1,186
Jan 2010032574.365.96$1,938
Dec 2009027471.445.48$1,503
Nov 2009019374.593.75$724
Oct 2009018872.544.11$773
Sep 2009010065.543.06$306
Aug 2009010267.423.22$328
Jul 2009014361.133.46$495
Jun 2009019266.163.90$748
May 2009016754.743.93$656
Apr 2009022046.773.59$789
Mar 2009020542.144.06$832
Feb 2009019032.814.63$880
Jan 2009021935.865.37$1,176
Dec 2008021837.105.98$1,303
Nov 2008014855.496.86$1,015
Oct 2008018975.246.92$1,308
Sep 20080112101.767.88$882
Aug 20080116114.228.48$984
Jul 20080109131.0811.39$1,241
Jun 20080174131.3313.03$2,268
May 20080204123.1711.57$2,361
Apr 20080149110.3110.45$1,558
Mar 20080162101.909.66$1,566
Feb 2008021892.538.77$1,912
Jan 2008032290.388.21$2,642
Dec 2007021788.337.30$1,585
Nov 2007018591.677.29$1,349
Oct 2007017382.856.92$1,198
Sep 2007017975.846.24$1,118
Aug 2007018669.066.39$1,188
Jul 2007017170.906.39$1,092
Jun 2007032062.007.55$2,416
May 2007023058.747.85$1,805
Apr 2007023259.617.81$1,811
Mar 2007026656.927.30$1,942
Feb 2007014055.108.22$1,150
Jan 2007013650.306.73$915
Dec 2006016956.656.92$1,169
Nov 2006014254.207.62$1,082
Oct 2006016554.906.01$992
Sep 2006017860.085.04$897
Aug 2006020368.717.34$1,490
Jul 2006019369.376.34$1,224
Jun 2006019766.286.38$1,258
May 2006020266.016.42$1,298
Apr 2006020764.397.36$1,524
Mar 2006023656.707.08$1,672
Feb 2006024057.597.75$1,860
Jan 2006021360.598.93$1,903
Dec 2005018454.9413.42$2,468
Nov 2005022854.6910.59$2,414
Oct 2005032558.3413.80$4,484
Sep 2005018161.4512.08$2,186
Aug 2005016961.519.80$1,656
Jul 2005017855.697.84$1,396
Jun 2005017652.337.38$1,299
May 2005017645.226.65$1,171
Apr 2005014849.207.36$1,089
Mar 2005021750.377.15$1,553
Feb 2005023745.226.31$1,496
Jan 2005029843.166.32$1,884
Dec 2004017339.866.75$1,168
Nov 2004020845.286.33$1,317
Oct 2004021749.706.52$1,414
Sep 2004018743.245.28$988
Aug 2004021542.375.55$1,193
Jul 2004024338.286.08$1,478
Jun 2004018436.106.43$1,184
May 2004018637.486.49$1,208
Apr 2004027434.475.86$1,605
Mar 2004025034.365.53$1,383
Feb 2004029332.455.51$1,614
Jan 2004020432.036.30$1,285
Dec 2003022830.266.30$1,437
Nov 2003027828.804.60$1,277
Oct 2003026528.174.76$1,261
Sep 2003017426.314.75$826
Aug 2003025929.765.13$1,329
Jul 2003019629.415.17$1,013
Jun 2003026228.565.98$1,568
May 2003027726.595.97$1,654
Apr 2003027626.675.41$1,492
Mar 2003027331.146.10$1,664
Feb 2003019733.487.93$1,561
Jan 2003030430.315.58$1,697
Dec 2002026726.914.85$1,296
Nov 2002029224.664.14$1,208
Oct 2002029326.464.23$1,239
Sep 2002032527.443.64$1,181
Aug 2002033425.963.16$1,057
Jul 2002036624.583.06$1,121
Jun 2002031223.733.34$1,042
May 2002036024.663.58$1,290
Apr 2002044323.653.51$1,556
Mar 2002030022.003.10$931
Feb 2002022918.222.38$544
Jan 2002729917.172.38$831
Dec 2001036816.932.36$870
Nov 2001024418.072.41$587
Oct 2001026419.782.53$668
Sep 2001024324.262.25$547
Aug 2001026524.873.05$809
Jul 2001030223.933.20$966
Jun 2001029524.563.82$1,128
May 2001033925.524.31$1,460
Apr 2001033224.685.34$1,771
Mar 2001035724.545.38$1,919
Feb 2001032227.755.77$1,857
Jan 2001035227.478.40$2,956
Dec 2000061726.889.12$5,629
Nov 2000040032.215.66$2,263
Oct 2000042431.235.15$2,182
Sep 2000032631.875.19$1,691
Aug 2000042729.644.54$1,939
Jul 2000039228.534.09$1,603
Jun 2000052529.304.40$2,309
May 2000054827.263.68$2,017
Apr 2000635724.513.12$1,259
Mar 2000030928.422.86$884
Feb 2000035827.622.73$976
Jan 2000038925.272.48$965
Dec 1999021824.282.42$528
Nov 1999020223.192.43$492
Oct 1999058020.982.80$1,626
Sep 1999047921.752.62$1,254
Aug 1999074119.262.88$2,131
Jul 199908217.892.37$195
Jun 1999061815.942.36$1,460
May 1999048315.792.32$1,121
Apr 1999054415.102.21$1,201
Mar 1999661812.471.84$1,211
Feb 199905299.981.82$962
Jan 199961,02010.381.90$2,000
Dec 199806579.201.77$1,165
Nov 1998023510.892.19$514
Oct 1998443912.421.97$914
Sep 1998054012.592.08$1,125
Aug 1998068011.301.91$1,297
Jul 1998476911.742.24$1,767
Jun 1998566711.242.24$1,548
May 1998051912.622.21$1,145
Apr 1998034913.042.51$874
Mar 1998048712.802.31$1,125
Feb 1998024913.952.30$572
Jan 1998066214.702.15$1,426
Dec 199701,07716.322.41$2,597
Nov 1997096818.193.09$2,989
Oct 199702,03419.253.15$6,407
Sep 1997024917.742.95$736
Aug 19970017.862.55$0
Jul 199708117.582.25$182
Jun 1997091817.242.26$2,072
May 1997086918.972.31$2,006
Apr 199701,10417.882.08$2,299
Mar 1997064718.951.94$1,255
Feb 1997038820.492.21$856
Jan 199701,04823.483.54$3,710
Dec 199601,47423.32$0
Nov 199652,19421.97$110
Oct 19960023.31$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.

Mar 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.36 =         $0
Gas                  113 Mcf  × $  4.06 =       $458

────────────────────────────────────────────────────
Month total                                     $458

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. 01/G/160337 is the state's own key, not one this site invented.