CAUTHORN -27-

Operated by HIGHMOUNT EXPL & PROD TEXAS LLC (P-5 385842) in the HOLMAN RANCH, N (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 54286District 01Field 42298500CondensateGasSaveExport
Value, all time
$824 k
Jan 1993 – May 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
257
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1972-05-27
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: EFFECTIVE 4/1/95.

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
CondensateDisposition246 bbl$4,416
GasProduction297,082 Mcf$819,772
Total$824,187

87,369 Mcf of this lease's gas, across 48 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 (257)

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

257 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
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 201204498.092.73$120
Dec 2011011396.873.24$366
Nov 2011010295.723.31$338
Oct 2011012284.983.65$445
Sep 201109983.623.99$395
Aug 2011010483.404.15$432
Jul 2011010694.144.52$479
Jun 2011011092.904.64$510
May 2011012698.134.40$555
Apr 20110122105.964.33$529
Mar 2011013496.364.06$544
Feb 2011013685.644.18$568
Jan 2011011486.504.59$523
Dec 2010014185.734.35$613
Nov 2010016080.843.80$607
Oct 2010118878.103.51$738
Sep 2010117472.633.98$765
Aug 201003373.684.42$146
Jul 2010010572.554.74$497
Jun 201008370.364.91$408
May 201009171.124.24$385
Apr 201008081.694.12$330
Mar 201007578.394.39$329
Feb 201006173.585.44$332
Jan 201009174.365.96$543
Dec 200909771.445.48$532
Nov 2009011474.593.75$428
Oct 2009013072.544.11$534
Sep 2009010765.543.06$328
Aug 200905967.423.22$190
Jul 200905761.133.46$197
Jun 200909466.163.90$366
May 2009012254.743.93$479
Apr 200908646.773.59$309
Mar 2009010842.144.06$438
Feb 2009011332.814.63$524
Jan 2009012635.865.37$677
Dec 2008011137.105.98$663
Nov 2008013055.496.86$892
Oct 2008016375.246.92$1,128
Sep 2008084101.767.88$662
Aug 20080119114.228.48$1,009
Jul 20080113131.0811.39$1,287
Jun 20080130131.3313.03$1,694
May 20080143123.1711.57$1,655
Apr 20080136110.3110.45$1,422
Mar 20080141101.909.66$1,363
Feb 2008013492.538.77$1,175
Jan 2008011090.388.21$903
Dec 2007012388.337.30$898
Nov 2007010291.677.29$744
Oct 200707482.856.92$512
Sep 2007037075.846.24$2,310
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007019262.007.55$1,449
May 2007045058.747.85$3,531
Apr 2007044359.617.81$3,458
Mar 2007052056.927.30$3,797
Feb 2007048955.108.22$4,018
Jan 2007055150.306.73$3,706
Dec 2006054856.656.92$3,791
Nov 2006056754.207.62$4,319
Oct 2006054754.906.01$3,290
Sep 2006070760.085.04$3,561
Aug 2006071868.717.34$5,270
Jul 2006069069.376.34$4,377
Jun 2006058366.286.38$3,722
May 2006052466.016.42$3,367
Apr 2006043964.397.36$3,231
Mar 2006045556.707.08$3,223
Feb 2006039857.597.75$3,085
Jan 2006044460.598.93$3,966
Dec 2005042754.9413.42$5,728
Nov 2005043154.6910.59$4,564
Oct 2005045158.3413.80$6,222
Sep 2005043761.4512.08$5,279
Aug 2005060861.519.80$5,956
Jul 2005058855.697.84$4,612
Jun 2005042052.337.38$3,100
May 2005047245.226.65$3,139
Apr 2005046349.207.36$3,408
Mar 2005051550.377.15$3,685
Feb 2005061545.226.31$3,882
Jan 2005071243.166.32$4,501
Dec 2004070239.866.75$4,739
Nov 2004369645.286.33$4,542
Oct 2004068049.706.52$4,430
Sep 2004069643.245.28$3,678
Aug 2004074442.375.55$4,130
Jul 2004079538.286.08$4,837
Jun 200401,90436.106.43$12,248
May 200401,28937.486.49$8,372
Apr 200401,38334.475.86$8,102
Mar 200401,05034.365.53$5,807
Feb 200401,11732.455.51$6,154
Jan 200401,14832.036.30$7,232
Dec 200301,15630.266.30$7,285
Nov 200301,25428.804.60$5,762
Oct 200301,35428.174.76$6,445
Sep 200301,53726.314.75$7,300
Aug 200301,63129.765.13$8,367
Jul 200301,05429.415.17$5,450
Jun 200301,47828.565.98$8,843
May 200301,71626.595.97$10,249
Apr 200301,37826.675.41$7,451
Mar 200301,46831.146.10$8,949
Feb 2003521,44433.487.93$13,186
Jan 200301,20130.315.58$6,704
Dec 2002084226.914.85$4,087
Nov 200201,05524.664.14$4,364
Oct 200201,44426.464.23$6,107
Sep 200201,54727.443.64$5,624
Aug 200201,60925.963.16$5,091
Jul 200201,31124.583.06$4,014
Jun 200201,61723.733.34$5,398
May 200201,62224.663.58$5,813
Apr 200201,06923.653.51$3,755
Mar 200201,61022.003.10$4,995
Feb 200201,64918.222.38$3,918
Jan 200201,69817.172.38$4,034
Dec 200101,92916.932.36$4,561
Nov 200101,96118.072.41$4,717
Oct 200101,59219.782.53$4,026
Sep 200101,83224.262.25$4,124
Aug 200101,89924.873.05$5,798
Jul 200101,87123.933.20$5,982
Jun 200101,91524.563.82$7,323
May 200102,06825.524.31$8,908
Apr 200102,03924.685.34$10,879
Mar 200102,29024.545.38$12,312
Feb 200102,10027.755.77$12,111
Jan 200102,47227.478.40$20,762
Dec 200002,35326.889.12$21,465
Nov 200002,39732.215.66$13,562
Oct 200002,35631.235.15$12,123
Sep 200002,49731.875.19$12,951
Aug 200002,64129.644.54$11,992
Jul 200002,58328.534.09$10,564
Jun 200002,71829.304.40$11,952
May 200002,78327.263.68$10,241
Apr 200002,72124.513.12$8,479
Mar 200002,70728.422.86$7,741
Feb 200002,63827.622.73$7,193
Jan 200002,77625.272.48$6,886
Dec 199903,09924.282.42$7,511
Nov 199902,97423.192.43$7,239
Oct 199903,14620.982.80$8,820
Sep 199903,08221.752.62$8,071
Aug 199903,13219.262.88$9,006
Jul 199903,20117.892.37$7,594
Jun 199903,21415.942.36$7,592
May 199903,24615.792.32$7,534
Apr 199903,36815.102.21$7,437
Mar 199903,37612.471.84$6,206
Feb 199903,2099.981.82$5,833
Jan 199903,51710.381.90$6,682
Dec 199803,2839.201.77$5,822
Nov 199803,42410.892.19$7,484
Oct 199801,53912.421.97$3,031
Sep 199801,61012.592.08$3,353
Aug 199801,88711.301.91$3,599
Jul 199802,37411.742.24$5,311
Jun 199801,75911.242.24$3,935
May 199801,56312.622.21$3,449
Apr 199801,69413.042.51$4,244
Mar 1998852,08812.802.31$5,910
Feb 199801,10813.952.30$2,547
Jan 199801,31214.702.15$2,827
Dec 199701,49716.322.41$3,609
Nov 199701,81818.193.09$5,614
Oct 199702,52719.253.15$7,960
Sep 199702,55117.742.95$7,538
Aug 199701,73217.862.55$4,425
Jul 199702,20517.582.25$4,955
Jun 199701,84617.242.26$4,167
May 199702,13818.972.31$4,936
Apr 199701,82817.882.08$3,807
Mar 199702,62918.951.94$5,098
Feb 199702,29920.492.21$5,071
Jan 199701,83823.483.54$6,506
Dec 199601,58323.32$0
Nov 199602,41621.97$0
Oct 199601,82023.31$0
Sep 199601,87622.22$0
Aug 199602,52020.26$0
Jul 199602,19519.55$0
Jun 199601,86018.73$0
May 199601,92319.43$0
Apr 199602,08921.51$0
Mar 199602,25419.38$0
Feb 199601,57016.98$0
Jan 199602,03017.07$0
Dec 199501,68017.19$0
Nov 199501,64916.00$0
Oct 199501,69315.43$0
Sep 199502,44016.18$0
Aug 199502,22415.92$0
Jul 199501,85415.24$0
Jun 199501,70716.41$0
May 199501,32117.56$0
Apr 199501,09117.73$0
Mar 199501,44516.44$0
Feb 199501,45816.58$0
Jan 199501,02515.92$0
Dec 199401,59715.03$0
Nov 199401,44415.90$0
Oct 199401,53215.58$0
Sep 199401,52515.29$0
Aug 199401,94216.13$0
Jul 199401,95117.56$0
Jun 199402,25117.09$0
May 199401,92315.88$0
Apr 199402,11214.14$0
Mar 199401,45212.46$0
Feb 19941041,73912.50$1,300
Jan 199401,74812.66$0
Dec 199301,57212.33$0
Nov 199301,75314.49$0
Oct 199301,69515.85$0
Sep 199301,93915.03$0
Aug 199301,64215.66$0
Jul 199301,99215.46$0
Jun 199301,80816.79$0
May 199301,81117.68$0
Apr 199301,79218.05$0
Mar 199301,91618.14$0
Feb 199301,97317.90$0
Jan 199302,53716.93$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.

Jan 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.09 =         $0
Gas                   44 Mcf  × $  2.73 =       $120

────────────────────────────────────────────────────
Month total                                     $120

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/54286 is the state's own key, not one this site invented.