BLACK, HALLIE "8"

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the SIMPSON-MANN (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171460District 01Field 83704300CondensateGasSaveExport
Value, all time
$32 k
Dec 1998 – Mar 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
64
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 204 leases and 205 wells, and the rule below applies to all of them.

Discovered
1984-09-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1988-10-10.

The Commission's schedule remark for this field reads: DOC.01-0219396 WELLS OP UNDER NET RATIO NOT EXCEED 550 MCF

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
CondensateDisposition23 bbl$609
GasProduction9,677 Mcf$31,159
Total$31,768

Every month this lease reported (64)

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

64 months

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 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 200201227.443.64$44
Aug 2002216025.963.16$735
Jul 200206224.583.06$190
Jun 200204823.733.34$160
May 200207324.663.58$262
Apr 200202623.653.51$91
Mar 200209322.003.10$289
Feb 200203918.222.38$93
Jan 200208617.172.38$204
Dec 200108816.932.36$208
Nov 2001013518.072.41$325
Oct 2001022719.782.53$574
Sep 2001011824.262.25$266
Aug 2001015624.873.05$476
Jul 2001020523.933.20$655
Jun 2001018124.563.82$692
May 200109625.524.31$414
Apr 2001011524.685.34$614
Mar 2001010224.545.38$548
Feb 200107627.755.77$438
Jan 2001015327.478.40$1,285
Dec 2000030726.889.12$2,801
Nov 2000032932.215.66$1,861
Oct 2000016131.235.15$828
Sep 2000217131.875.19$951
Aug 2000013329.644.54$604
Jul 2000014828.534.09$605
Jun 2000013529.304.40$594
May 200008427.263.68$309
Apr 2000040124.513.12$1,250
Mar 2000038928.422.86$1,112
Feb 2000023027.622.73$627
Jan 2000022925.272.48$568
Dec 1999023824.282.42$577
Nov 1999031323.192.43$762
Oct 1999035120.982.80$984
Sep 1999042221.752.62$1,105
Aug 1999035319.262.88$1,015
Jul 1999041117.892.37$975
Jun 1999063215.942.36$1,493
May 1999028615.792.32$664
Apr 1999055615.102.21$1,228
Mar 199901,14312.471.84$2,101
Feb 19990719.981.82$129
Jan 199903310.381.90$63
Dec 1998009.201.77$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.

Sep 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 27.44 =         $0
Gas                   12 Mcf  × $  3.64 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/171460 is the state's own key, not one this site invented.