ALLEN

Operated by ZACHRY EXPLORATION, INC. (P-5 950483) in the PROVIDENT CITY (FRIO -A-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162355District 02Field 73293040CondensateGasSaveExport
Value, all time
$1.5 M
Jan 1997 – Apr 2001
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
52
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1953-05-21
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 Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 05/01/96.

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
CondensateDisposition12 bbl$261
GasProduction664,855 Mcf$1,545,901
Total$1,546,162

Every month this lease reported (52)

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

52 months

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 2000087028.534.09$3,558
Jun 200002,20329.304.40$9,687
May 20000027.263.68$0
Apr 200005,28824.513.12$16,477
Mar 200008,05428.422.86$23,032
Feb 2000011,11827.622.73$30,313
Jan 2000010,78825.272.48$26,760
Dec 199907,22424.282.42$17,509
Nov 199905,47523.192.43$13,326
Oct 199907,94720.982.80$22,281
Sep 1999124,99221.752.62$13,334
Aug 199906,88519.262.88$19,799
Jul 199906,44617.892.37$15,292
Jun 1999010,11815.942.36$23,900
May 1999013,69515.792.32$31,786
Apr 1999013,03415.102.21$28,780
Mar 1999013,59912.471.84$24,999
Feb 1999013,7419.981.82$24,978
Jan 1999023,07610.381.90$43,843
Dec 1998022,8759.201.77$40,565
Nov 1998023,44110.892.19$51,235
Oct 1998023,73812.421.97$46,745
Sep 1998022,68312.592.08$47,240
Aug 1998023,22711.301.91$44,302
Jul 1998023,27911.742.24$52,081
Jun 1998022,55511.242.24$50,462
May 1998022,02812.622.21$48,601
Apr 1998023,28613.042.51$58,339
Mar 1998024,99212.802.31$57,718
Feb 1998022,06513.952.30$50,730
Jan 1998022,71714.702.15$48,950
Dec 1997022,48516.322.41$54,214
Nov 1997021,07018.193.09$65,070
Oct 1997022,36219.253.15$70,436
Sep 1997022,90217.742.95$67,673
Aug 1997022,08217.862.55$56,414
Jul 1997022,46317.582.25$50,473
Jun 1997021,85017.242.26$49,320
May 1997022,23318.972.31$51,325
Apr 1997018,09217.882.08$37,682
Mar 1997017,60318.951.94$34,135
Feb 1997010,17420.492.21$22,443
Jan 1997010023.483.54$354

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 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 28.53 =         $0
Gas                  870 Mcf  × $  4.09 =     $3,558

────────────────────────────────────────────────────
Month total                                   $3,558

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/162355 is the state's own key, not one this site invented.