ARLEDGE, PHILLIP

Operated by PRIZE OPERATING COMPANY (P-5 679278) in the WILL O. (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 78637District 01Field 97474500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$2.5 M
Jan 1993 – Feb 2002
Value, last 12 filed months
$248 k
at the published price for each month
Months reported
110
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 36 leases and 36 wells, and the rule below applies to all of them.

Discovered
1974-09-12
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 field rule took effect on 2002-06-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOC. 0245166 ALLOCATION FORMULA SUSPENDED.

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
CondensateDisposition782 bbl$13,034
GasProduction1,678,204 Mcf$2,504,809
Total$2,517,843

865,183 Mcf of this lease's gas, across 47 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 (110)

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

110 months

Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 200107419.782.53$187
Sep 200106024.262.25$135
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001011,34924.563.82$43,400
May 2001013,51225.524.31$58,201
Apr 2001013,53924.685.34$72,235
Mar 2001013,69724.545.38$73,641
Feb 2001011,99927.755.77$69,199
Jan 2001014,86427.478.40$124,839
Dec 2000014,64726.889.12$133,617
Nov 2000011,22932.215.66$63,534
Oct 2000011,59731.235.15$59,672
Sep 2000014,33831.875.19$74,364
Aug 2000013,89129.644.54$63,076
Jul 2000014,23328.534.09$58,209
Jun 2000013,63529.304.40$59,957
May 2000013,60627.263.68$50,067
Apr 2000013,49024.513.12$42,035
Mar 2000014,13328.422.86$40,417
Feb 2000013,77427.622.73$37,555
Jan 2000014,99525.272.48$37,195
Dec 1999015,31124.282.42$37,110
Nov 1999014,92823.192.43$36,335
Oct 1999014,12820.982.80$39,611
Sep 1999014,41921.752.62$37,761
Aug 1999014,13219.262.88$40,638
Jul 1999020,61117.892.37$48,897
Jun 1999914,71415.942.36$34,899
May 1999615,21315.792.32$35,404
Apr 1999715,02315.102.21$33,277
Mar 19991615,23112.471.84$28,199
Feb 19991114,2359.981.82$25,986
Jan 19992216,05710.381.90$30,736
Dec 19982514,9149.201.77$26,677
Nov 19981915,41410.892.19$33,898
Oct 19981616,13312.421.97$31,968
Sep 19982016,04012.592.08$33,657
Aug 19981115,79511.301.91$30,251
Jul 19981014,68611.742.24$32,974
Jun 19981414,74811.242.24$33,153
May 1998614,42912.622.21$31,911
Apr 1998115,28013.042.51$38,294
Mar 1998016,20912.802.31$37,434
Feb 19981814,94213.952.30$34,605
Jan 19982216,51114.702.15$35,901
Dec 1997916,76316.322.41$40,564
Nov 19971316,49618.193.09$51,180
Oct 1997018,02919.253.15$56,788
Sep 19975217,08717.742.95$51,413
Aug 19972618,68517.862.55$48,200
Jul 19972616,99017.582.25$38,633
Jun 19973016,37417.242.26$37,477
May 19973616,53818.972.31$38,861
Apr 19975317,05117.882.08$36,461
Mar 1997015,93918.951.94$30,908
Feb 19973615,28420.492.21$34,453
Jan 19972516,02023.483.54$57,293
Dec 19961416,66023.32$326
Nov 1996017,69221.97$0
Oct 19962023,08123.31$466
Sep 19961820,92922.22$400
Aug 19961223,86420.26$243
Jul 19961321,92419.55$254
Jun 1996024,07718.73$0
May 1996027,14419.43$0
Apr 1996529,90321.51$108
Mar 19961920,27619.38$368
Feb 19963418,27916.98$577
Jan 19962520,56917.07$427
Dec 1995019,72617.19$0
Nov 199508,12116.00$0
Oct 19952218,08215.43$339
Sep 19951917,43016.18$307
Aug 1995016,76315.92$0
Jul 19951118,90815.24$168
Jun 1995113,93316.41$16
May 1995715,09617.56$123
Apr 1995715,45617.73$124
Mar 1995617,90116.44$99
Feb 1995213,56016.58$33
Jan 1995014,21515.92$0
Dec 1994316,52515.03$45
Nov 1994015,64015.90$0
Oct 1994015,96215.58$0
Sep 1994017,35015.29$0
Aug 1994018,68516.13$0
Jul 1994017,69217.56$0
Jun 1994015,53517.09$0
May 1994017,87715.88$0
Apr 1994014,72614.14$0
Mar 1994019,09712.46$0
Feb 1994017,10712.50$0
Jan 1994019,14812.66$0
Dec 1993020,91112.33$0
Nov 1993023,42114.49$0
Oct 1993014,93115.85$0
Sep 1993011,10915.03$0
Aug 19935015.66$78
Jul 1993021,32815.46$0
Jun 1993019,99616.79$0
May 1993021,73417.68$0
Apr 1993018,93318.05$0
Mar 1993018,34618.14$0
Feb 1993015,39817.90$0
Jan 1993020,14316.93$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.

Oct 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 19.78 =         $0
Gas                   74 Mcf  × $  2.53 =       $187

────────────────────────────────────────────────────
Month total                                     $187

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/78637 is the state's own key, not one this site invented.