GRIFFITH & ASSOC. -A-

Operated by MARWELL PETROLEUM LTD PARTNRSHIP (P-5 531085) in the PAPALOTE, WEST (4120) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 92660District 02Field 69049450CondensateGasSaveExport
Value, all time
$852 k
Jan 1993 – Feb 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1981-03-06
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 Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 8-1-81 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition8 bbl$114
GasProduction290,753 Mcf$851,457
Total$851,570

111,688 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 (242)

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

242 months

Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011041292.904.64$1,912
May 2011071198.134.40$3,132
Apr 201101,302105.964.33$5,642
Mar 201101,03796.364.06$4,207
Feb 201101,00185.644.18$4,184
Jan 201106786.504.59$307
Dec 201001,12985.734.35$4,909
Nov 201001,08180.843.80$4,103
Oct 2010064978.103.51$2,277
Sep 2010021072.633.98$836
Aug 201001,10473.684.42$4,879
Jul 2010080172.554.74$3,794
Jun 2010096370.364.91$4,729
May 2010084271.124.24$3,566
Apr 2010077881.694.12$3,207
Mar 201001,15378.394.39$5,060
Feb 2010026373.585.44$1,431
Jan 2010093574.365.96$5,576
Dec 2009093271.445.48$5,111
Nov 2009062274.593.75$2,333
Oct 2009049372.544.11$2,026
Sep 200901,20865.543.06$3,702
Aug 2009097167.423.22$3,125
Jul 2009079761.133.46$2,761
Jun 2009098066.163.90$3,817
May 200901,34954.743.93$5,296
Apr 2009089746.773.59$3,218
Mar 200901,13142.144.06$4,591
Feb 2009081632.814.63$3,781
Jan 2009092735.865.37$4,979
Dec 2008063637.105.98$3,801
Nov 200801,15955.496.86$7,951
Oct 2008070275.246.92$4,859
Sep 200801,178101.767.88$9,279
Aug 20080345114.228.48$2,927
Jul 20080762131.0811.39$8,679
Jun 200801,172131.3313.03$15,274
May 20080820123.1711.57$9,491
Apr 20080781110.3110.45$8,165
Mar 20080762101.909.66$7,364
Feb 2008078992.538.77$6,920
Jan 2008094990.388.21$7,787
Dec 2007083388.337.30$6,083
Nov 2007081691.677.29$5,950
Oct 2007096082.856.92$6,645
Sep 2007076575.846.24$4,777
Aug 2007099869.066.39$6,375
Jul 2007033870.906.39$2,159
Jun 2007066162.007.55$4,990
May 2007090158.747.85$7,070
Apr 200701,11459.617.81$8,695
Mar 2007042756.927.30$3,118
Feb 2007080455.108.22$6,606
Jan 2007014450.306.73$969
Dec 2006070356.656.92$4,864
Nov 200601,05454.207.62$8,029
Oct 2006082654.906.01$4,967
Sep 2006042760.085.04$2,151
Aug 2006089068.717.34$6,533
Jul 2006062169.376.34$3,939
Jun 2006055766.286.38$3,556
May 2006048466.016.42$3,110
Apr 2006042864.397.36$3,150
Mar 2006070656.707.08$5,001
Feb 2006093657.597.75$7,255
Jan 2006087960.598.93$7,852
Dec 200501,02654.9413.42$13,764
Nov 200501,04554.6910.59$11,065
Oct 2005095858.3413.80$13,216
Sep 2005086661.4512.08$10,460
Aug 200501,09261.519.80$10,698
Jul 2005040755.697.84$3,192
Jun 200501,09952.337.38$8,112
May 200501,01945.226.65$6,778
Apr 200501,25749.207.36$9,252
Mar 2005087050.377.15$6,225
Feb 2005086345.226.31$5,447
Jan 200501,28443.166.32$8,118
Dec 200401,05739.866.75$7,136
Nov 200401,16045.286.33$7,343
Oct 200401,51149.706.52$9,844
Sep 200401,05443.245.28$5,569
Aug 200401,55642.375.55$8,637
Jul 200401,64238.286.08$9,990
Jun 200401,05936.106.43$6,813
May 200406737.486.49$435
Apr 2004099334.475.86$5,817
Mar 200402,03234.365.53$11,237
Feb 200401,11332.455.51$6,132
Jan 200401,23332.036.30$7,767
Dec 200301,87630.266.30$11,822
Nov 200304828.804.60$221
Oct 2003036028.174.76$1,713
Sep 2003011526.314.75$546
Aug 2003064129.765.13$3,288
Jul 2003024529.415.17$1,267
Jun 2003085928.565.98$5,139
May 2003076626.595.97$4,575
Apr 200301,49026.675.41$8,057
Mar 2003098431.146.10$5,999
Feb 2003035133.487.93$2,782
Jan 2003076530.315.58$4,270
Dec 200201,01326.914.85$4,917
Nov 2002087224.664.14$3,607
Oct 2002051026.464.23$2,157
Sep 2002057527.443.64$2,090
Aug 200201,54625.963.16$4,892
Jul 2002059324.583.06$1,816
Jun 200201,34123.733.34$4,477
May 200201,62524.663.58$5,824
Apr 200201,69923.653.51$5,967
Mar 200201,77922.003.10$5,520
Feb 200201,66818.222.38$3,963
Jan 200201,39217.172.38$3,307
Dec 200101616.932.36$38
Nov 2001078718.072.41$1,893
Oct 200101,40419.782.53$3,551
Sep 2001015624.262.25$351
Aug 200101,05724.873.05$3,227
Jul 200101,66523.933.20$5,323
Jun 200101,51524.563.82$5,794
May 2001045925.524.31$1,977
Apr 200101,41724.685.34$7,560
Mar 200101,62124.545.38$8,715
Feb 200101,77427.755.77$10,231
Jan 200101,31227.478.40$11,019
Dec 2000093926.889.12$8,566
Nov 2000099532.215.66$5,630
Oct 200001,18731.235.15$6,108
Sep 2000078831.875.19$4,087
Aug 200001,34129.644.54$6,089
Jul 200001,15528.534.09$4,724
Jun 200001,21629.304.40$5,347
May 2000077127.263.68$2,837
Apr 2000062124.513.12$1,935
Mar 2000091128.422.86$2,605
Feb 2000089927.622.73$2,451
Jan 2000089825.272.48$2,227
Dec 199901,35324.282.42$3,279
Nov 199902,05323.192.43$4,997
Oct 199901,49420.982.80$4,189
Sep 199901,01521.752.62$2,658
Aug 199901,45719.262.88$4,190
Jul 199901,58817.892.37$3,767
Jun 199901,73615.942.36$4,101
May 199901,93915.792.32$4,500
Apr 1999094915.102.21$2,095
Mar 199901,47312.471.84$2,708
Feb 199901,3899.981.82$2,525
Jan 199901,08110.381.90$2,054
Dec 199801,2249.201.77$2,171
Nov 1998051710.892.19$1,130
Oct 1998090212.421.97$1,776
Sep 199801,10012.592.08$2,291
Aug 1998097411.301.91$1,858
Jul 1998088411.742.24$1,978
Jun 199801,54211.242.24$3,450
May 199801,76312.622.21$3,890
Apr 199801,20013.042.51$3,006
Mar 199801,73712.802.31$4,012
Feb 199801,55013.952.30$3,564
Jan 199801,44014.702.15$3,103
Dec 199701,57816.322.41$3,805
Nov 199702,14318.193.09$6,618
Oct 1997084919.253.15$2,674
Sep 199701,28517.742.95$3,797
Aug 199701,92417.862.55$4,915
Jul 199702,14017.582.25$4,808
Jun 199701,49217.242.26$3,368
May 199701,57818.972.31$3,643
Apr 199701,77417.882.08$3,695
Mar 199701,40718.951.94$2,728
Feb 199701,63820.492.21$3,613
Jan 199701,72923.483.54$6,120
Dec 199601,83723.32$0
Nov 199602,04721.97$0
Oct 199602,48923.31$0
Sep 199601,36222.22$0
Aug 199601,31520.26$0
Jul 1996088019.55$0
Jun 199601,79618.73$0
May 199601,83019.43$0
Apr 199601,84621.51$0
Mar 199601,92219.38$0
Feb 199602,13116.98$0
Jan 199602,81217.07$0
Dec 199501,04417.19$0
Nov 199501,48916.00$0
Oct 199501,79115.43$0
Sep 199502,13816.18$0
Aug 199501,48515.92$0
Jul 199502,32915.24$0
Jun 199502,56616.41$0
May 199502,19217.56$0
Apr 199502,96217.73$0
Mar 199501,81516.44$0
Feb 199502,30616.58$0
Jan 199502,62215.92$0
Dec 199402,13015.03$0
Nov 199402,60515.90$0
Oct 199401,94915.58$0
Sep 199401,73915.29$0
Aug 199402,30816.13$0
Jul 199403,21717.56$0
Jun 199402,48217.09$0
May 199401,76315.88$0
Apr 199432,59814.14$42
Mar 199402,19112.46$0
Feb 199432,53412.50$38
Jan 199403,06812.66$0
Dec 199302,29312.33$0
Nov 199302,52414.49$0
Oct 199302,82815.85$0
Sep 199303,08415.03$0
Aug 199302,92915.66$0
Jul 199303,21315.46$0
Jun 199322,25116.79$34
May 199303,09017.68$0
Apr 199303,12018.05$0
Mar 199303,56818.14$0
Feb 199304,02617.90$0
Jan 199303,17216.93$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.

Jun 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 92.90 =         $0
Gas                  412 Mcf  × $  4.64 =     $1,912

────────────────────────────────────────────────────
Month total                                   $1,912

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/92660 is the state's own key, not one this site invented.