S.T. 560-L (SW) UNIT

Operated by HALL-HOUSTON EXPL. II, L.P. (P-5 346982) in the MATAGORDA 560-L (7250 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9427District 02Field 58226400OilCasinghead gasSaveExport
Value, all time
$41.7 M
Nov 2008 – Nov 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
85
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
2008-11-21
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
OilDisposition424,522 bbl$37,426,546
Casinghead gasProduction1,035,007 Mcf$4,258,174
Total$41,684,720

Every month this lease reported (85)

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

85 months

Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
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 201211176585.133.02$11,760
Jun 20126,9939,88079.822.52$583,069
May 2012453091.612.49$41,499
Apr 20123,57513,608101.652.00$390,571
Mar 20122,64716,925105.052.22$315,676
Feb 201232,69013,435101.102.57$3,339,490
Jan 201216,06917,70398.092.73$1,624,610
Dec 201115,02121,46296.873.24$1,524,616
Nov 201117,94122,39395.723.31$1,791,462
Oct 2011026,27084.983.65$95,847
Sep 201124,49925,77683.623.99$2,151,344
Aug 201125,38527,85683.404.15$2,232,692
Jul 2011032,54694.144.52$147,018
Jun 201128,80631,14792.904.64$2,820,596
May 201123,41120,37598.134.40$2,387,070
Apr 201121,60430,923105.964.33$2,423,158
Mar 201124,44023,76596.364.06$2,451,461
Feb 201123,55314,21885.644.18$2,076,510
Jan 201117,16736,86586.504.59$1,654,111
Dec 201023,54629,24885.734.35$2,145,762
Nov 201025,95923,49380.843.80$2,187,689
Oct 201033,43019,74478.103.51$2,680,163
Sep 20107,84210,47972.633.98$611,265
Aug 2010020,09673.684.42$88,811
Jul 2010027,60872.554.74$130,765
Jun 201018633,85770.364.91$179,338
May 201054639,22371.124.24$204,950
Apr 20101,49130,86281.694.12$249,034
Mar 20103,38136,53178.394.39$425,359
Feb 20102,34531,03373.585.44$341,438
Jan 20105,93848,53174.365.96$730,993
Dec 20099,39154,33571.445.48$968,853
Nov 20094,67657,39374.593.75$564,093
Oct 20099,81838,42172.544.11$870,118
Sep 20096,23640,34965.543.06$532,367
Aug 20092,80735,27067.423.22$302,764
Jul 20092,56572,62261.133.46$408,397
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$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.

Jul 2012 — as filed, then multipliedworked
Oil                  111 bbl  × $ 85.13 =     $9,449
Casinghead gas       765 Mcf  × $  3.02 =     $2,311

────────────────────────────────────────────────────
Month total                                  $11,760

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/9427 is the state's own key, not one this site invented.