MANFORD

Operated by OKY INVESTMENTS, INC. (P-5 621092) in the PATTON (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6073District 02Field 69707200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$89 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead 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 8 leases and 18 wells, and the rule below applies to all of them.

Discovered
1980-02-12
as the register files it
Field class
Oil
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.

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
OilDisposition5,249 bbl$88,532
Casinghead gasProduction36 Mcf$0
Total$88,532

36 Mcf of this lease's gas, across 36 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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
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 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 199987012.471.84$1,085
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998125011.742.24$1,468
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998128013.952.30$1,786
Jan 19980014.702.15$0
Dec 1997109016.322.41$1,779
Nov 19970018.193.09$0
Oct 1997143019.253.15$2,753
Sep 19970017.742.95$0
Aug 199778017.862.55$1,393
Jul 199793017.582.25$1,635
Jun 1997143017.242.26$2,465
May 19970018.972.31$0
Apr 199780017.882.08$1,430
Mar 199776018.951.94$1,440
Feb 199770020.492.21$1,434
Jan 1997161023.483.54$3,780
Dec 19960023.32$0
Nov 1996134121.97$2,944
Oct 1996180123.31$4,196
Sep 19960122.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996125018.73$2,341
May 1996174019.43$3,381
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996152016.98$2,581
Jan 1996169017.07$2,885
Dec 19950017.19$0
Nov 1995166016.00$2,656
Oct 19950015.43$0
Sep 1995176116.18$2,848
Aug 19950115.92$0
Jul 1995176115.24$2,682
Jun 19950116.41$0
May 19950117.56$0
Apr 1995169117.73$2,996
Mar 19950116.44$0
Feb 1995166116.58$2,752
Jan 19950115.92$0
Dec 1994176115.03$2,645
Nov 1994180115.90$2,862
Oct 19940115.58$0
Sep 19940115.29$0
Aug 1994171116.13$2,758
Jul 19940117.56$0
Jun 1994173117.09$2,957
May 19940115.88$0
Apr 1994163114.14$2,305
Mar 19940112.46$0
Feb 1994162112.50$2,025
Jan 1994163112.66$2,064
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993160115.85$2,536
Sep 1993164115.03$2,465
Aug 19930115.66$0
Jul 1993166115.46$2,566
Jun 1993158116.79$2,653
May 19930117.68$0
Apr 1993166118.05$2,996
Mar 19930118.14$0
Feb 1993167117.90$2,989
Jan 19930116.93$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.

Mar 1999 — as filed, then multipliedworked
Oil                   87 bbl  × $ 12.47 =     $1,085
Casinghead gas         0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,085

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/O/6073 is the state's own key, not one this site invented.