WEST "C"

Name: WEST "C" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OXY USA WTP LP (P-5 630555) 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 98923District 01Field 58112500CondensateGasSave Export

Value, all time

$1.2 M

Jan 1993 – Jun 2013

Value, last 12 filed months

at the published price for each month

Months reported

246

no gaps in the span

Streams

condensate, gas

The MASSIE (STRAWN) field

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.

Stream	Basis	Volume	Value
Condensate	Disposition	494 bbl	$9,139
Gas	Production	673,343 Mcf	$1,209,030
Total			$1,218,169

350,165 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 (246)

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

246 months


Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	7	72.55	4.74	$33
Jun 2010	0	15	70.36	4.91	$74
May 2010	0	16	71.12	4.24	$68
Apr 2010	0	16	81.69	4.12	$66
Mar 2010	0	19	78.39	4.39	$83
Feb 2010	0	10	73.58	5.44	$54
Jan 2010	0	10	74.36	5.96	$60
Dec 2009	0	11	71.44	5.48	$60
Nov 2009	0	15	74.59	3.75	$56
Oct 2009	0	26	72.54	4.11	$107
Sep 2009	0	28	65.54	3.06	$86
Aug 2009	0	27	67.42	3.22	$87
Jul 2009	0	27	61.13	3.46	$94
Jun 2009	0	37	66.16	3.90	$144
May 2009	0	31	54.74	3.93	$122
Apr 2009	0	34	46.77	3.59	$122
Mar 2009	0	30	42.14	4.06	$122
Feb 2009	0	29	32.81	4.63	$134
Jan 2009	0	20	35.86	5.37	$107
Dec 2008	0	29	37.10	5.98	$173
Nov 2008	0	40	55.49	6.86	$274
Oct 2008	0	63	75.24	6.92	$436
Sep 2008	0	60	101.76	7.88	$473
Aug 2008	0	77	114.22	8.48	$653
Jul 2008	0	63	131.08	11.39	$718
Jun 2008	0	64	131.33	13.03	$834
May 2008	1	77	123.17	11.57	$1,014
Apr 2008	0	64	110.31	10.45	$669
Mar 2008	1	47	101.90	9.66	$556
Feb 2008	0	158	92.53	8.77	$1,386
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	5	88.33	7.30	$37
Nov 2007	0	6	91.67	7.29	$44
Oct 2007	0	2	82.85	6.92	$14
Sep 2007	0	11	75.84	6.24	$69
Aug 2007	0	29	69.06	6.39	$185
Jul 2007	0	84	70.90	6.39	$537
Jun 2007	0	148	62.00	7.55	$1,117
May 2007	0	247	58.74	7.85	$1,938
Apr 2007	0	330	59.61	7.81	$2,576
Mar 2007	0	358	56.92	7.30	$2,614
Feb 2007	0	265	55.10	8.22	$2,177
Jan 2007	0	242	50.30	6.73	$1,628
Dec 2006	0	352	56.65	6.92	$2,435
Nov 2006	0	546	54.20	7.62	$4,159
Oct 2006	0	751	54.90	6.01	$4,516
Sep 2006	0	753	60.08	5.04	$3,793
Aug 2006	0	900	68.71	7.34	$6,606
Jul 2006	0	704	69.37	6.34	$4,465
Jun 2006	0	852	66.28	6.38	$5,439
May 2006	0	1,000	66.01	6.42	$6,425
Apr 2006	0	922	64.39	7.36	$6,786
Mar 2006	0	1,062	56.70	7.08	$7,522
Feb 2006	0	848	57.59	7.75	$6,573
Jan 2006	0	961	60.59	8.93	$8,585
Dec 2005	0	950	54.94	13.42	$12,745
Nov 2005	1	1,143	54.69	10.59	$12,157
Oct 2005	0	1,222	58.34	13.80	$16,858
Sep 2005	0	1,263	61.45	12.08	$15,256
Aug 2005	0	1,408	61.51	9.80	$13,794
Jul 2005	0	1,444	55.69	7.84	$11,326
Jun 2005	0	1,456	52.33	7.38	$10,747
May 2005	0	1,604	45.22	6.65	$10,668
Apr 2005	0	1,413	49.20	7.36	$10,400
Mar 2005	0	1,060	50.37	7.15	$7,584
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	1,211	43.16	6.32	$7,656
Dec 2004	0	1,905	39.86	6.75	$12,861
Nov 2004	0	1,465	45.28	6.33	$9,274
Oct 2004	0	1,769	49.70	6.52	$11,525
Sep 2004	0	1,809	43.24	5.28	$9,559
Aug 2004	0	1,580	42.37	5.55	$8,770
Jul 2004	0	1,728	38.28	6.08	$10,513
Jun 2004	0	1,764	36.10	6.43	$11,348
May 2004	0	1,835	37.48	6.49	$11,918
Apr 2004	0	801	34.47	5.86	$4,693
Mar 2004	0	778	34.36	5.53	$4,302
Feb 2004	0	628	32.45	5.51	$3,460
Jan 2004	0	491	32.03	6.30	$3,093
Dec 2003	0	655	30.26	6.30	$4,128
Nov 2003	0	860	28.80	4.60	$3,952
Oct 2003	0	874	28.17	4.76	$4,160
Sep 2003	0	954	26.31	4.75	$4,531
Aug 2003	0	1,046	29.76	5.13	$5,366
Jul 2003	0	1,020	29.41	5.17	$5,274
Jun 2003	0	1,139	28.56	5.98	$6,815
May 2003	0	1,372	26.59	5.97	$8,195
Apr 2003	0	1,287	26.67	5.41	$6,959
Mar 2003	9	1,307	31.14	6.10	$8,248
Feb 2003	0	1,199	33.48	7.93	$9,503
Jan 2003	0	1,261	30.31	5.58	$7,039
Dec 2002	0	1,957	26.91	4.85	$9,499
Nov 2002	0	1,525	24.66	4.14	$6,309
Oct 2002	1	1,863	26.46	4.23	$7,905
Sep 2002	0	2,192	27.44	3.64	$7,968
Aug 2002	0	2,357	25.96	3.16	$7,458
Jul 2002	0	2,472	24.58	3.06	$7,569
Jun 2002	0	2,523	23.73	3.34	$8,422
May 2002	0	2,666	24.66	3.58	$9,555
Apr 2002	0	2,591	23.65	3.51	$9,100
Mar 2002	2	2,631	22.00	3.10	$8,207
Feb 2002	0	2,124	18.22	2.38	$5,046
Jan 2002	0	2,525	17.17	2.38	$5,999
Dec 2001	4	2,684	16.93	2.36	$6,414
Nov 2001	0	2,741	18.07	2.41	$6,594
Oct 2001	0	2,890	19.78	2.53	$7,308
Sep 2001	0	2,887	24.26	2.25	$6,500
Aug 2001	0	3,135	24.87	3.05	$9,572
Jul 2001	0	3,210	23.93	3.20	$10,263
Jun 2001	0	3,071	24.56	3.82	$11,744
May 2001	0	3,470	25.52	4.31	$14,946
Apr 2001	0	3,418	24.68	5.34	$18,236
Mar 2001	0	3,774	24.54	5.38	$20,291
Feb 2001	0	2,709	27.75	5.77	$15,623
Jan 2001	0	3,115	27.47	8.40	$26,162
Dec 2000	0	2,974	26.88	9.12	$27,130
Nov 2000	0	3,028	32.21	5.66	$17,132
Oct 2000	0	3,194	31.23	5.15	$16,435
Sep 2000	0	3,210	31.87	5.19	$16,649
Aug 2000	0	3,720	29.64	4.54	$16,892
Jul 2000	0	3,782	28.53	4.09	$15,467
Jun 2000	0	3,578	29.30	4.40	$15,733
May 2000	5	3,893	27.26	3.68	$14,462
Apr 2000	0	4,321	24.51	3.12	$13,464
Mar 2000	2	4,149	28.42	2.86	$11,922
Feb 2000	0	4,013	27.62	2.73	$10,941
Jan 2000	0	3,805	25.27	2.48	$9,438
Dec 1999	0	3,675	24.28	2.42	$8,907
Nov 1999	0	4,188	23.19	2.43	$10,194
Oct 1999	1	4,867	20.98	2.80	$13,667
Sep 1999	0	4,609	21.75	2.62	$12,070
Aug 1999	1	4,970	19.26	2.88	$14,311
Jul 1999	0	4,778	17.89	2.37	$11,335
Jun 1999	1	4,746	15.94	2.36	$11,226
May 1999	0	4,591	15.79	2.32	$10,656
Apr 1999	0	4,256	15.10	2.21	$9,397
Mar 1999	0	4,153	12.47	1.84	$7,635
Feb 1999	0	4,198	9.98	1.82	$7,631
Jan 1999	0	4,505	10.38	1.90	$8,559
Dec 1998	0	4,698	9.20	1.77	$8,331
Nov 1998	0	5,286	10.89	2.19	$11,554
Oct 1998	0	4,020	12.42	1.97	$7,916
Sep 1998	0	4,685	12.59	2.08	$9,757
Aug 1998	0	5,712	11.30	1.91	$10,895
Jul 1998	2	5,059	11.74	2.24	$11,342
Jun 1998	0	5,245	11.24	2.24	$11,734
May 1998	0	5,993	12.62	2.21	$13,223
Apr 1998	0	5,840	13.04	2.51	$14,631
Mar 1998	0	5,676	12.80	2.31	$13,108
Feb 1998	0	5,534	13.95	2.30	$12,723
Jan 1998	0	5,954	14.70	2.15	$12,830
Dec 1997	0	6,065	16.32	2.41	$14,623
Nov 1997	0	6,374	18.19	3.09	$19,685
Oct 1997	0	6,619	19.25	3.15	$20,849
Sep 1997	1	7,143	17.74	2.95	$21,124
Aug 1997	0	7,310	17.86	2.55	$18,675
Jul 1997	0	1,068	17.58	2.25	$2,400
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	4	1,241	20.49	2.21	$2,819
Jan 1997	0	5,694	23.48	3.54	$20,155
Dec 1996	33	6,399	23.32	—	$770
Nov 1996	20	5,238	21.97	—	$439
Oct 1996	17	4,510	23.31	—	$396
Sep 1996	0	4,905	22.22	—	$0
Aug 1996	11	4,920	20.26	—	$223
Jul 1996	10	5,920	19.55	—	$196
Jun 1996	26	4,929	18.73	—	$487
May 1996	4	4,610	19.43	—	$78
Apr 1996	3	4,870	21.51	—	$65
Mar 1996	15	5,733	19.38	—	$291
Feb 1996	40	5,286	16.98	—	$679
Jan 1996	30	4,012	17.07	—	$512
Dec 1995	27	4,340	17.19	—	$464
Nov 1995	34	5,197	16.00	—	$544
Oct 1995	26	6,517	15.43	—	$401
Sep 1995	27	6,199	16.18	—	$437
Aug 1995	9	6,331	15.92	—	$143
Jul 1995	5	6,529	15.24	—	$76
Jun 1995	2	6,072	16.41	—	$33
May 1995	1	6,895	17.56	—	$18
Apr 1995	1	6,976	17.73	—	$18
Mar 1995	5	7,039	16.44	—	$82
Feb 1995	6	6,926	16.58	—	$99
Jan 1995	6	7,748	15.92	—	$96
Dec 1994	5	7,876	15.03	—	$75
Nov 1994	1	8,055	15.90	—	$16
Oct 1994	2	8,482	15.58	—	$31
Sep 1994	1	7,486	15.29	—	$15
Aug 1994	10	7,757	16.13	—	$161
Jul 1994	10	8,059	17.56	—	$176
Jun 1994	4	8,228	17.09	—	$68
May 1994	3	8,930	15.88	—	$48
Apr 1994	17	7,458	14.14	—	$240
Mar 1994	4	9,541	12.46	—	$50
Feb 1994	5	7,948	12.50	—	$63
Jan 1994	7	8,043	12.66	—	$89
Dec 1993	4	9,310	12.33	—	$49
Nov 1993	4	9,271	14.49	—	$58
Oct 1993	3	9,862	15.85	—	$48
Sep 1993	3	9,328	15.03	—	$45
Aug 1993	4	9,588	15.66	—	$63
Jul 1993	1	9,854	15.46	—	$15
Jun 1993	3	9,464	16.79	—	$50
May 1993	1	9,571	17.68	—	$18
Apr 1993	1	9,406	18.05	—	$18
Mar 1993	4	9,199	18.14	—	$73
Feb 1993	3	8,737	17.90	—	$54
Jan 1993	0	10,611	16.93	—	$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.

Jul 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 72.55 =         $0
Gas                    7 Mcf  × $  4.74 =        $33

────────────────────────────────────────────────────
Month total                                      $33

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/98923 is the state's own key, not one this site invented.