MORRISS 83

Operated by SMITH PIPE OF ABILENE (P-5 794745) 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 54789District 01Field 42298500CondensateGasSaveExport
Value, all time
$26 k
Jan 1993 – Mar 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
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
CondensateDisposition69 bbl$1,163
GasProduction29,672 Mcf$25,300
Total$26,463

19,130 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 (195)

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

195 months

Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
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 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 200002724.513.12$84
Mar 2000110228.422.86$320
Feb 200009327.622.73$254
Jan 2000117625.272.48$462
Dec 1999016024.282.42$388
Nov 199909123.192.43$221
Oct 1999017520.982.80$491
Sep 199907121.752.62$186
Aug 1999014419.262.88$414
Jul 199908317.892.37$197
Jun 1999010915.942.36$257
May 199909015.792.32$209
Apr 1999016415.102.21$362
Mar 1999019112.471.84$351
Feb 199902109.981.82$382
Jan 1999024510.381.90$465
Dec 199801489.201.77$262
Nov 199808310.892.19$181
Oct 199808712.421.97$171
Sep 199807712.592.08$160
Aug 1998014411.301.91$275
Jul 1998020111.742.24$450
Jun 1998044611.242.24$998
May 1998027212.622.21$600
Apr 1998036413.042.51$912
Mar 1998043912.802.31$1,014
Feb 1998023213.952.30$533
Jan 1998035714.702.15$769
Dec 1997034416.322.41$829
Nov 1997041918.193.09$1,294
Oct 1997043419.253.15$1,367
Sep 1997043217.742.95$1,277
Aug 1997041017.862.55$1,047
Jul 1997048117.582.25$1,081
Jun 1997046517.242.26$1,050
May 1997043218.972.31$997
Apr 1997047217.882.08$983
Mar 1997062118.951.94$1,204
Feb 1997064920.492.21$1,432
Jan 1997040223.483.54$1,423
Dec 1996027723.32$0
Nov 1996042021.97$0
Oct 1996034023.31$0
Sep 1996029522.22$0
Aug 1996033020.26$0
Jul 1996039819.55$0
Jun 1996020018.73$0
May 1996032719.43$0
Apr 1996033621.51$0
Mar 1996036319.38$0
Feb 1996035516.98$0
Jan 1996059817.07$0
Dec 1995051117.19$0
Nov 1995070416.00$0
Oct 1995062315.43$0
Sep 1995040716.18$0
Aug 1995041315.92$0
Jul 1995036415.24$0
Jun 1995042316.41$0
May 1995035317.56$0
Apr 1995036317.73$0
Mar 1995032316.44$0
Feb 1995021916.58$0
Jan 1995026615.92$0
Dec 1994033215.03$0
Nov 1994039215.90$0
Oct 1994032615.58$0
Sep 1994042115.29$0
Aug 1994048716.13$0
Jul 1994037917.56$0
Jun 1994034417.09$0
May 1994039615.88$0
Apr 1994037314.14$0
Mar 1994043712.46$0
Feb 1994035612.50$0
Jan 1994037912.66$0
Dec 1993034112.33$0
Nov 1993640914.49$87
Oct 1993041515.85$0
Sep 19931447515.03$210
Aug 1993049815.66$0
Jul 1993044215.46$0
Jun 19931545816.79$252
May 1993050017.68$0
Apr 1993042018.05$0
Mar 19931548118.14$272
Feb 1993038517.90$0
Jan 19931747616.93$288

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.

Apr 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.51 =         $0
Gas                   27 Mcf  × $  3.12 =        $84

────────────────────────────────────────────────────
Month total                                      $84

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/54789 is the state's own key, not one this site invented.