STATE TRACT 563-L

Operated by TRI-UNION DEVELOPMENT CORP. (P-5 871137) in the MATAGORDA BLOCK 563-L (6820) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7335District 02Field 58206670OilCasinghead gasSaveExport
Value, all time
$472 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 other leases, and the rule below applies to all of them.

Discovered
1987-09-27
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

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
OilDisposition28,842 bbl$467,225
Casinghead gasProduction48,285 Mcf$4,332
Total$471,557

46,188 Mcf of this lease's gas, across 45 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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
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 199912015.792.32$189
Apr 19990015.102.21$0
Mar 19991605312.471.84$2,093
Feb 1999816179.981.82$1,930
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 1998462011.301.91$5,221
Jul 199815011.742.24$176
Jun 199820611.242.24$238
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997135017.742.95$2,395
Aug 199779017.862.55$1,411
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 199746962218.972.31$10,333
Apr 199781479917.882.08$16,218
Mar 1997643018.951.94$12,185
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19961351,68922.22$3,000
Aug 199623362520.26$4,721
Jul 19962381,61219.55$4,653
Jun 199629784718.73$5,563
May 199628581119.43$5,538
Apr 199626352321.51$5,657
Mar 199631975619.38$6,182
Feb 199626947916.98$4,568
Jan 199624736917.07$4,216
Dec 199545522317.19$7,821
Nov 199531648816.00$5,056
Oct 199549371515.43$7,607
Sep 199544580416.18$7,200
Aug 199540677115.92$6,464
Jul 199535974715.24$5,471
Jun 199538066816.41$6,236
May 199550659917.56$8,885
Apr 199549935817.73$8,847
Mar 199577723216.44$12,774
Feb 199544236516.58$7,328
Jan 199558353615.92$9,281
Dec 199468286115.03$10,250
Nov 199458194915.90$9,238
Oct 199448180815.58$7,494
Sep 199459796715.29$9,128
Aug 19947201,23816.13$11,614
Jul 19947601,28417.56$13,346
Jun 199460898117.09$10,391
May 19948391,66615.88$13,323
Apr 19946561,44314.14$9,276
Mar 199443060612.46$5,358
Feb 19946111,02412.50$7,638
Jan 199483460512.66$10,558
Dec 19937882,59812.33$9,716
Nov 19936201,47314.49$8,984
Oct 19931,0251,29715.85$16,246
Sep 19939232,30615.03$13,873
Aug 19931,0082,79315.66$15,785
Jul 19931,09668915.46$16,944
Jun 19938881,55216.79$14,910
May 19938611,71117.68$15,222
Apr 19935811,12618.05$10,487
Mar 19933091,11618.14$5,605
Feb 19931,0751,47817.90$19,243
Jan 19931,0321,40016.93$17,472

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.

May 1999 — as filed, then multipliedworked
Oil                   12 bbl  × $ 15.79 =       $189
Casinghead gas         0 Mcf  × $  2.32 =         $0

────────────────────────────────────────────────────
Month total                                     $189

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/7335 is the state's own key, not one this site invented.