EPC 1A GAS UNIT

Operated by EEX OPERATING, L.P. (P-5 245649) in the ALLEN RANCH (14,800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 136765District 02Field 01692500CondensateGasSaveExport
Value, all time
$3.9 M
Jan 1993 – Oct 2001
Value, last 12 filed months
$254 k
at the published price for each month
Months reported
106
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1984-03-14
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-11-01.

The Commission's schedule remark for this field reads: CONSOLIDATED TO PROVIDENT CITY NE (LWR WX. CONS).

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
CondensateDisposition15 bbl$231
GasProduction6,241,438 Mcf$3,930,585
Total$3,930,816

4,664,396 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 (106)

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

106 months

Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001013,42124.873.05$40,976
Jul 2001016,66323.933.20$53,273
Jun 2001014,27024.563.82$54,571
May 2001011,85625.524.31$51,068
Apr 200108,91824.685.34$47,580
Mar 200104524.545.38$242
Feb 20010027.755.77$0
Jan 2001015227.478.40$1,277
Dec 2000021726.889.12$1,980
Nov 2000044932.215.66$2,540
Oct 2000060631.235.15$3,118
Sep 2000065331.875.19$3,387
Aug 2000057929.644.54$2,629
Jul 2000024428.534.09$998
Jun 2000013,06629.304.40$57,454
May 2000019,73627.263.68$72,624
Apr 2000019,84724.513.12$61,843
Mar 2000025,45128.422.86$72,784
Feb 2000023,00627.622.73$62,726
Jan 2000024,87325.272.48$61,697
Dec 1999029,98324.282.42$72,670
Nov 1999026,87423.192.43$65,411
Oct 1999029,00020.982.80$81,308
Sep 1999029,36021.752.62$76,889
Aug 1999030,23819.262.88$86,952
Jul 1999028,87017.892.37$68,490
Jun 1999026,36615.942.36$62,279
May 1999032,37115.792.32$75,134
Apr 1999033,07115.102.21$73,022
Mar 1999033,80012.471.84$62,136
Feb 1999031,8129.981.82$57,828
Jan 1999036,49210.381.90$69,333
Dec 1998042,4479.201.77$75,272
Nov 1998043,82610.892.19$95,791
Oct 1998045,55612.421.97$89,709
Sep 1998045,40812.592.08$94,568
Aug 1998052,00311.301.91$99,188
Jul 1998053,81511.742.24$120,399
Jun 1998052,41311.242.24$117,262
May 1998056,11412.622.21$123,807
Apr 1998053,13213.042.51$133,113
Mar 1998029,42312.802.31$67,951
Feb 1998043513.952.30$1,000
Jan 1998084414.702.15$1,819
Dec 199706,11716.322.41$14,749
Nov 1997055,75718.193.09$172,192
Oct 1997059,57919.253.15$187,663
Sep 1997051,32117.742.95$151,647
Aug 1997036,38717.862.55$92,959
Jul 1997019,09917.582.25$42,914
Jun 1997050,99917.242.26$115,115
May 1997041,65318.972.31$96,156
Apr 1997051,76317.882.08$107,811
Mar 1997058,99718.951.94$114,403
Feb 1997052,65020.492.21$116,141
Jan 1997055,01523.483.54$194,737
Dec 1996033,92423.32$0
Nov 1996047,05321.97$0
Oct 1996053,33623.31$0
Sep 1996050,41922.22$0
Aug 1996046,40020.26$0
Jul 1996053,29019.55$0
Jun 1996058,70818.73$0
May 1996062,92319.43$0
Apr 1996061,40121.51$0
Mar 1996066,78519.38$0
Feb 1996067,83416.98$0
Jan 1996074,58117.07$0
Dec 1995075,64417.19$0
Nov 1995072,80716.00$0
Oct 19951580,41915.43$231
Sep 1995082,69716.18$0
Aug 1995090,60815.92$0
Jul 1995085,30715.24$0
Jun 1995090,83516.41$0
May 1995098,78217.56$0
Apr 1995096,79217.73$0
Mar 19950101,93016.44$0
Feb 1995094,08116.58$0
Jan 19950105,98615.92$0
Dec 19940107,42715.03$0
Nov 19940107,07915.90$0
Oct 19940113,92715.58$0
Sep 19940116,33915.29$0
Aug 19940119,58216.13$0
Jul 19940127,14317.56$0
Jun 19940116,90617.09$0
May 19940135,11315.88$0
Apr 19940134,02414.14$0
Mar 19940139,22812.46$0
Feb 19940119,02012.50$0
Jan 19940131,76312.66$0
Dec 19930133,78912.33$0
Nov 19930135,16714.49$0
Oct 19930141,85915.85$0
Sep 19930141,25015.03$0
Aug 19930166,91015.66$0
Jul 19930178,03815.46$0
Jun 19930163,31416.79$0
May 19930163,13417.68$0
Apr 1993041,49918.05$0
Mar 1993050,43318.14$0
Feb 1993054,32817.90$0
Jan 1993074,58216.93$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.

Aug 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.87 =         $0
Gas               13,421 Mcf  × $  3.05 =    $40,976

────────────────────────────────────────────────────
Month total                                  $40,976

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/136765 is the state's own key, not one this site invented.