STATE TRACT 771-S

Operated by AMERICAN COASTAL ENERGY, INC. (P-5 18007) in the OAKVILLE, SW (4300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108845District 02Field 66525500Hydrogen sulphide fieldGasSaveExport
Value, all time
$7.4 M
Jan 1993 – May 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
185
no gaps in the span
Streams
1
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 other leases, and the rule below applies to all of them.

Discovered
1982-11-29
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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: ALLOCATION FORMULA SUSPENDED 8/1/93

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
GasProduction3,559,250 Mcf$7,448,994
Total$7,448,994

1,364,918 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 (185)

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

185 months

May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 200210317.172.38$245
Dec 200116116.932.36$381
Nov 200116318.072.41$392
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 200112224.873.05$372
Jul 200153,21123.933.20$170,120
Jun 200153,21124.563.82$203,487
May 200160,95725.524.31$262,561
Apr 200157,58424.685.34$307,229
Mar 200151,99224.545.38$279,532
Feb 200167,92327.755.77$391,717
Jan 200168,46327.478.40$575,004
Dec 200074,80026.889.12$682,363
Nov 200052,12132.215.66$294,901
Oct 200045,38231.235.15$233,513
Sep 200031,60431.875.19$163,914
Aug 200019,15329.644.54$86,969
Jul 20007,86828.534.09$32,178
Jun 20009,37129.304.40$41,207
May 200030,51527.263.68$112,288
Apr 200027,84724.513.12$86,771
Mar 200033,50028.422.86$95,802
Feb 200020,24727.622.73$55,203
Jan 200010,24825.272.48$25,420
Dec 199922,43524.282.42$54,376
Nov 199928,06023.192.43$68,298
Oct 199920,09020.982.80$56,327
Sep 199920,52421.752.62$53,749
Aug 199921,98519.262.88$63,220
Jul 199938,79317.892.37$92,031
Jun 199933,65615.942.36$79,499
May 199926,38415.792.32$61,238
Apr 199927,70315.102.21$61,170
Mar 199923,04712.471.84$42,368
Feb 199926,9799.981.82$49,042
Jan 199934,01110.381.90$64,619
Dec 199837,2889.201.77$66,124
Nov 199839,19810.892.19$85,676
Oct 199841,99212.421.97$82,691
Sep 199824,22412.592.08$50,449
Aug 199836,60911.301.91$69,826
Jul 199844,52611.742.24$99,617
Jun 199841,32011.242.24$92,444
May 199853,17412.622.21$117,320
Apr 199850,29913.042.51$126,016
Mar 199840,83212.802.31$94,299
Feb 199847,55613.952.30$109,337
Jan 199853,98214.702.15$116,320
Dec 199750,14916.322.41$120,914
Nov 199752,72418.193.09$162,825
Oct 199743,82419.253.15$138,038
Sep 199744,71117.742.95$132,116
Aug 199754,83717.862.55$140,094
Jul 199750,36317.582.25$113,163
Jun 199743,52117.242.26$98,236
May 199747,64918.972.31$109,998
Apr 199752,70617.882.08$109,775
Mar 199750,80818.951.94$98,524
Feb 199743,00020.492.21$94,854
Jan 199748,82723.483.54$172,833
Dec 199698,84323.32$0
Nov 199625,23821.97$0
Oct 199635,89223.31$0
Sep 199629,33722.22$0
Aug 199636,77520.26$0
Jul 19968,75419.55$0
Jun 199634,20318.73$0
May 199618,85719.43$0
Apr 199625,89921.51$0
Mar 199631,01119.38$0
Feb 199624,00216.98$0
Jan 199627,58817.07$0
Dec 199534,09317.19$0
Nov 199527,67216.00$0
Oct 199538,32315.43$0
Sep 199531,39716.18$0
Aug 199526,20615.92$0
Jul 199521,37715.24$0
Jun 199516,53916.41$0
May 199522,01517.56$0
Apr 19955,32817.73$0
Mar 199543916.44$0
Feb 199588916.58$0
Jan 199524,45015.92$0
Dec 199415,20015.03$0
Nov 199413,75215.90$0
Oct 199426,06815.58$0
Sep 199431,99515.29$0
Aug 199413,65116.13$0
Jul 19947,16817.56$0
Jun 19945,89317.09$0
May 199419,47815.88$0
Apr 199431,86214.14$0
Mar 199438,61612.46$0
Feb 199438,33212.50$0
Jan 199431,55512.66$0
Dec 199313,63012.33$0
Nov 199312,36714.49$0
Oct 199316,96515.85$0
Sep 199329,99315.03$0
Aug 199338,67215.66$0
Jul 199347,35615.46$0
Jun 199338,78216.79$0
May 199344,70617.68$0
Apr 199351,35618.05$0
Mar 199353,29718.14$0
Feb 199348,65117.90$0
Jan 199350,44616.93$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 2002 — as filed, then multipliedworked
Gas                  103 Mcf  × $  2.38 =       $245

────────────────────────────────────────────────────
Month total                                     $245

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. 02/G/108845 is the state's own key, not one this site invented.