LIBERTY, E. P.

Name: LIBERTY, E. P. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FOOTHILL ENERGY, LLC (P-5 275368) in the SERBIN (TAYLOR SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 130884District 03Field 82265500CondensateGasSave Export

Value, all time

$266 k

Jan 1993 – Dec 2014

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

264

no gaps in the span

Streams

condensate, gas

The SERBIN (TAYLOR SAND) field

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 444 leases and 641 wells, and the rule below applies to all of them.

Discovered

1985-11-19

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: “1500 FT DIAGONAL.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	617 bbl	$15,382
Gas	Production	122,733 Mcf	$250,388
Total			$265,769

62,387 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 (264)

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

264 months


Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	13	0	94.73	4.73	$1,231
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	6	83.62	3.99	$24
Aug 2011	0	11	83.40	4.15	$46
Jul 2011	0	4	94.14	4.52	$18
Jun 2011	0	5	92.90	4.64	$23
May 2011	0	9	98.13	4.40	$40
Apr 2011	0	2	105.96	4.33	$9
Mar 2011	0	6	96.36	4.06	$24
Feb 2011	0	4	85.64	4.18	$17
Jan 2011	0	15	86.50	4.59	$69
Dec 2010	0	36	85.73	4.35	$157
Nov 2010	0	38	80.84	3.80	$144
Oct 2010	0	84	78.10	3.51	$295
Sep 2010	0	21	72.63	3.98	$84
Aug 2010	0	50	73.68	4.42	$221
Jul 2010	0	84	72.55	4.74	$398
Jun 2010	0	24	70.36	4.91	$118
May 2010	0	26	71.12	4.24	$110
Apr 2010	0	18	81.69	4.12	$74
Mar 2010	0	75	78.39	4.39	$329
Feb 2010	0	73	73.58	5.44	$397
Jan 2010	0	94	74.36	5.96	$561
Dec 2009	0	105	71.44	5.48	$576
Nov 2009	0	54	74.59	3.75	$203
Oct 2009	0	35	72.54	4.11	$144
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	18	67.42	3.22	$58
Jul 2009	0	29	61.13	3.46	$100
Jun 2009	0	67	66.16	3.90	$261
May 2009	0	69	54.74	3.93	$271
Apr 2009	0	76	46.77	3.59	$273
Mar 2009	0	46	42.14	4.06	$187
Feb 2009	0	46	32.81	4.63	$213
Jan 2009	0	168	35.86	5.37	$902
Dec 2008	0	229	37.10	5.98	$1,369
Nov 2008	0	202	55.49	6.86	$1,386
Oct 2008	0	214	75.24	6.92	$1,481
Sep 2008	0	105	101.76	7.88	$827
Aug 2008	0	116	114.22	8.48	$984
Jul 2008	5	106	131.08	11.39	$1,863
Jun 2008	0	99	131.33	13.03	$1,290
May 2008	0	123	123.17	11.57	$1,424
Apr 2008	0	123	110.31	10.45	$1,286
Mar 2008	0	118	101.90	9.66	$1,140
Feb 2008	0	104	92.53	8.77	$912
Jan 2008	0	114	90.38	8.21	$935
Dec 2007	0	138	88.33	7.30	$1,008
Nov 2007	0	155	91.67	7.29	$1,130
Oct 2007	0	166	82.85	6.92	$1,149
Sep 2007	0	166	75.84	6.24	$1,037
Aug 2007	0	175	69.06	6.39	$1,118
Jul 2007	0	177	70.90	6.39	$1,131
Jun 2007	0	167	62.00	7.55	$1,261
May 2007	0	127	58.74	7.85	$996
Apr 2007	25	114	59.61	7.81	$2,380
Mar 2007	0	114	56.92	7.30	$832
Feb 2007	0	151	55.10	8.22	$1,241
Jan 2007	0	189	50.30	6.73	$1,271
Dec 2006	0	238	56.65	6.92	$1,647
Nov 2006	0	147	54.20	7.62	$1,120
Oct 2006	0	162	54.90	6.01	$974
Sep 2006	0	155	60.08	5.04	$781
Aug 2006	0	151	68.71	7.34	$1,108
Jul 2006	0	169	69.37	6.34	$1,072
Jun 2006	0	145	66.28	6.38	$926
May 2006	0	292	66.01	6.42	$1,876
Apr 2006	0	286	64.39	7.36	$2,105
Mar 2006	0	318	56.70	7.08	$2,252
Feb 2006	0	277	57.59	7.75	$2,147
Jan 2006	0	259	60.59	8.93	$2,314
Dec 2005	0	133	54.94	13.42	$1,784
Nov 2005	0	133	54.69	10.59	$1,408
Oct 2005	0	250	58.34	13.80	$3,449
Sep 2005	0	358	61.45	12.08	$4,324
Aug 2005	0	298	61.51	9.80	$2,919
Jul 2005	0	207	55.69	7.84	$1,624
Jun 2005	13	220	52.33	7.38	$2,304
May 2005	20	167	45.22	6.65	$2,015
Apr 2005	0	245	49.20	7.36	$1,803
Mar 2005	0	235	50.37	7.15	$1,681
Feb 2005	0	176	45.22	6.31	$1,111
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	261	39.86	6.75	$1,762
Nov 2004	0	294	45.28	6.33	$1,861
Oct 2004	0	309	49.70	6.52	$2,013
Sep 2004	0	288	43.24	5.28	$1,522
Aug 2004	0	300	42.37	5.55	$1,665
Jul 2004	0	318	38.28	6.08	$1,935
Jun 2004	0	343	36.10	6.43	$2,207
May 2004	0	361	37.48	6.49	$2,345
Apr 2004	0	364	34.47	5.86	$2,132
Mar 2004	0	383	34.36	5.53	$2,118
Feb 2004	0	323	32.45	5.51	$1,780
Jan 2004	0	357	32.03	6.30	$2,249
Dec 2003	40	376	30.26	6.30	$3,580
Nov 2003	0	365	28.80	4.60	$1,677
Oct 2003	0	376	28.17	4.76	$1,790
Sep 2003	0	410	26.31	4.75	$1,947
Aug 2003	0	359	29.76	5.13	$1,842
Jul 2003	0	388	29.41	5.17	$2,006
Jun 2003	0	426	28.56	5.98	$2,549
May 2003	0	426	26.59	5.97	$2,544
Apr 2003	0	430	26.67	5.41	$2,325
Mar 2003	0	450	31.14	6.10	$2,743
Feb 2003	0	387	33.48	7.93	$3,067
Jan 2003	0	429	30.31	5.58	$2,395
Dec 2002	0	394	26.91	4.85	$1,912
Nov 2002	0	399	24.66	4.14	$1,651
Oct 2002	0	284	26.46	4.23	$1,201
Sep 2002	0	363	27.44	3.64	$1,320
Aug 2002	0	386	25.96	3.16	$1,221
Jul 2002	0	362	24.58	3.06	$1,108
Jun 2002	0	324	23.73	3.34	$1,082
May 2002	0	381	24.66	3.58	$1,366
Apr 2002	0	400	23.65	3.51	$1,405
Mar 2002	0	420	22.00	3.10	$1,303
Feb 2002	0	203	18.22	2.38	$482
Jan 2002	0	292	17.17	2.38	$694
Dec 2001	0	355	16.93	2.36	$839
Nov 2001	0	398	18.07	2.41	$957
Oct 2001	0	419	19.78	2.53	$1,060
Sep 2001	0	448	24.26	2.25	$1,009
Aug 2001	0	446	24.87	3.05	$1,362
Jul 2001	0	487	23.93	3.20	$1,557
Jun 2001	0	427	24.56	3.82	$1,633
May 2001	0	447	25.52	4.31	$1,925
Apr 2001	69	460	24.68	5.34	$4,157
Mar 2001	0	464	24.54	5.38	$2,495
Feb 2001	0	398	27.75	5.77	$2,295
Jan 2001	0	457	27.47	8.40	$3,838
Dec 2000	0	485	26.88	9.12	$4,424
Nov 2000	0	464	32.21	5.66	$2,625
Oct 2000	0	515	31.23	5.15	$2,650
Sep 2000	0	496	31.87	5.19	$2,573
Aug 2000	0	548	29.64	4.54	$2,488
Jul 2000	0	485	28.53	4.09	$1,984
Jun 2000	0	510	29.30	4.40	$2,243
May 2000	0	496	27.26	3.68	$1,825
Apr 2000	0	554	24.51	3.12	$1,726
Mar 2000	0	619	28.42	2.86	$1,770
Feb 2000	0	478	27.62	2.73	$1,303
Jan 2000	0	595	25.27	2.48	$1,476
Dec 1999	0	597	24.28	2.42	$1,447
Nov 1999	0	563	23.19	2.43	$1,370
Oct 1999	0	599	20.98	2.80	$1,679
Sep 1999	0	580	21.75	2.62	$1,519
Aug 1999	0	623	19.26	2.88	$1,792
Jul 1999	0	637	17.89	2.37	$1,511
Jun 1999	0	566	15.94	2.36	$1,337
May 1999	0	642	15.79	2.32	$1,490
Apr 1999	0	650	15.10	2.21	$1,435
Mar 1999	0	681	12.47	1.84	$1,252
Feb 1999	0	602	9.98	1.82	$1,094
Jan 1999	0	686	10.38	1.90	$1,303
Dec 1998	0	664	9.20	1.77	$1,177
Nov 1998	0	720	10.89	2.19	$1,574
Oct 1998	77	676	12.42	1.97	$2,288
Sep 1998	0	663	12.59	2.08	$1,381
Aug 1998	0	713	11.30	1.91	$1,360
Jul 1998	0	730	11.74	2.24	$1,633
Jun 1998	0	702	11.24	2.24	$1,571
May 1998	0	764	12.62	2.21	$1,686
Apr 1998	0	726	13.04	2.51	$1,819
Mar 1998	0	758	12.80	2.31	$1,751
Feb 1998	0	647	13.95	2.30	$1,488
Jan 1998	0	776	14.70	2.15	$1,672
Dec 1997	0	775	16.32	2.41	$1,869
Nov 1997	0	773	18.19	3.09	$2,387
Oct 1997	0	822	19.25	3.15	$2,589
Sep 1997	0	797	17.74	2.95	$2,355
Aug 1997	18	853	17.86	2.55	$2,501
Jul 1997	0	877	17.58	2.25	$1,971
Jun 1997	0	847	17.24	2.26	$1,912
May 1997	0	902	18.97	2.31	$2,082
Apr 1997	0	890	17.88	2.08	$1,854
Mar 1997	0	816	18.95	1.94	$1,582
Feb 1997	0	838	20.49	2.21	$1,849
Jan 1997	0	898	23.48	3.54	$3,179
Dec 1996	0	906	23.32	—	$0
Nov 1996	0	915	21.97	—	$0
Oct 1996	0	942	23.31	—	$0
Sep 1996	105	979	22.22	—	$2,333
Aug 1996	0	967	20.26	—	$0
Jul 1996	0	927	19.55	—	$0
Jun 1996	0	972	18.73	—	$0
May 1996	0	912	19.43	—	$0
Apr 1996	0	920	21.51	—	$0
Mar 1996	0	979	19.38	—	$0
Feb 1996	0	959	16.98	—	$0
Jan 1996	0	1,045	17.07	—	$0
Dec 1995	0	1,044	17.19	—	$0
Nov 1995	0	1,009	16.00	—	$0
Oct 1995	0	1,100	15.43	—	$0
Sep 1995	0	906	16.18	—	$0
Aug 1995	0	1,029	15.92	—	$0
Jul 1995	0	1,168	15.24	—	$0
Jun 1995	0	4,054	16.41	—	$0
May 1995	0	1,172	17.56	—	$0
Apr 1995	0	1,150	17.73	—	$0
Mar 1995	0	1,216	16.44	—	$0
Feb 1995	0	1,118	16.58	—	$0
Jan 1995	0	1,233	15.92	—	$0
Dec 1994	0	1,242	15.03	—	$0
Nov 1994	85	1,221	15.90	—	$1,352
Oct 1994	0	903	15.58	—	$0
Sep 1994	0	1,316	15.29	—	$0
Aug 1994	0	1,167	16.13	—	$0
Jul 1994	0	1,296	17.56	—	$0
Jun 1994	0	1,220	17.09	—	$0
May 1994	0	1,311	15.88	—	$0
Apr 1994	3	1,337	14.14	—	$42
Mar 1994	0	1,429	12.46	—	$0
Feb 1994	0	1,278	12.50	—	$0
Jan 1994	0	1,433	12.66	—	$0
Dec 1993	0	1,494	12.33	—	$0
Nov 1993	0	1,491	14.49	—	$0
Oct 1993	0	1,495	15.85	—	$0
Sep 1993	0	1,504	15.03	—	$0
Aug 1993	0	1,643	15.66	—	$0
Jul 1993	20	1,671	15.46	—	$309
Jun 1993	0	1,611	16.79	—	$0
May 1993	124	1,726	17.68	—	$2,192
Apr 1993	0	1,732	18.05	—	$0
Mar 1993	0	1,776	18.14	—	$0
Feb 1993	0	1,642	17.90	—	$0
Jan 1993	0	1,827	16.93	—	$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.

May 2014 — as filed, then multipliedworked

Condensate            13 bbl  × $ 94.73 =     $1,231
Gas                    0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $1,231

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. 03/G/130884 is the state's own key, not one this site invented.