LIBERTY, E.

Name: LIBERTY, E. 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 132533District 03Field 82265500CondensateGasSave Export

Value, all time

$214 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	222 bbl	$9,649
Gas	Production	113,507 Mcf	$204,547
Total			$214,197

63,681 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	11	0	94.73	4.73	$1,042
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	5	83.62	3.99	$20
Aug 2011	0	9	83.40	4.15	$37
Jul 2011	0	3	94.14	4.52	$14
Jun 2011	0	4	92.90	4.64	$19
May 2011	0	7	98.13	4.40	$31
Apr 2011	0	2	105.96	4.33	$9
Mar 2011	0	5	96.36	4.06	$20
Feb 2011	0	3	85.64	4.18	$13
Jan 2011	0	12	86.50	4.59	$55
Dec 2010	0	30	85.73	4.35	$130
Nov 2010	0	31	80.84	3.80	$118
Oct 2010	0	69	78.10	3.51	$242
Sep 2010	0	17	72.63	3.98	$68
Aug 2010	0	41	73.68	4.42	$181
Jul 2010	0	68	72.55	4.74	$322
Jun 2010	0	20	70.36	4.91	$98
May 2010	0	21	71.12	4.24	$89
Apr 2010	0	14	81.69	4.12	$58
Mar 2010	0	62	78.39	4.39	$272
Feb 2010	0	62	73.58	5.44	$337
Jan 2010	0	77	74.36	5.96	$459
Dec 2009	0	86	71.44	5.48	$472
Nov 2009	0	44	74.59	3.75	$165
Oct 2009	0	29	72.54	4.11	$119
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	15	67.42	3.22	$48
Jul 2009	0	24	61.13	3.46	$83
Jun 2009	0	55	66.16	3.90	$214
May 2009	0	56	54.74	3.93	$220
Apr 2009	0	62	46.77	3.59	$222
Mar 2009	0	38	42.14	4.06	$154
Feb 2009	0	38	32.81	4.63	$176
Jan 2009	0	138	35.86	5.37	$741
Dec 2008	0	187	37.10	5.98	$1,118
Nov 2008	0	164	55.49	6.86	$1,125
Oct 2008	0	175	75.24	6.92	$1,211
Sep 2008	0	59	101.76	7.88	$465
Aug 2008	0	95	114.22	8.48	$806
Jul 2008	28	87	131.08	11.39	$4,661
Jun 2008	0	81	131.33	13.03	$1,056
May 2008	0	101	123.17	11.57	$1,169
Apr 2008	0	101	110.31	10.45	$1,056
Mar 2008	0	97	101.90	9.66	$937
Feb 2008	0	85	92.53	8.77	$746
Jan 2008	0	93	90.38	8.21	$763
Dec 2007	0	113	88.33	7.30	$825
Nov 2007	0	127	91.67	7.29	$926
Oct 2007	0	136	82.85	6.92	$941
Sep 2007	0	136	75.84	6.24	$849
Aug 2007	0	144	69.06	6.39	$920
Jul 2007	0	145	70.90	6.39	$926
Jun 2007	0	138	62.00	7.55	$1,042
May 2007	0	103	58.74	7.85	$808
Apr 2007	0	93	59.61	7.81	$726
Mar 2007	0	93	56.92	7.30	$679
Feb 2007	0	124	55.10	8.22	$1,019
Jan 2007	0	154	50.30	6.73	$1,036
Dec 2006	0	195	56.65	6.92	$1,349
Nov 2006	0	120	54.20	7.62	$914
Oct 2006	0	132	54.90	6.01	$794
Sep 2006	0	127	60.08	5.04	$640
Aug 2006	0	123	68.71	7.34	$903
Jul 2006	0	139	69.37	6.34	$882
Jun 2006	0	119	66.28	6.38	$760
May 2006	0	239	66.01	6.42	$1,536
Apr 2006	0	234	64.39	7.36	$1,722
Mar 2006	0	260	56.70	7.08	$1,842
Feb 2006	0	227	57.59	7.75	$1,760
Jan 2006	0	212	60.59	8.93	$1,894
Dec 2005	0	108	54.94	13.42	$1,449
Nov 2005	0	109	54.69	10.59	$1,154
Oct 2005	0	205	58.34	13.80	$2,828
Sep 2005	0	293	61.45	12.08	$3,539
Aug 2005	0	244	61.51	9.80	$2,390
Jul 2005	0	156	55.69	7.84	$1,224
Jun 2005	37	165	52.33	7.38	$3,154
May 2005	14	125	45.22	6.65	$1,464
Apr 2005	0	184	49.20	7.36	$1,354
Mar 2005	0	176	50.37	7.15	$1,259
Feb 2005	0	176	45.22	6.31	$1,111
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	196	39.86	6.75	$1,323
Nov 2004	0	221	45.28	6.33	$1,399
Oct 2004	0	231	49.70	6.52	$1,505
Sep 2004	0	215	43.24	5.28	$1,136
Aug 2004	0	225	42.37	5.55	$1,249
Jul 2004	0	239	38.28	6.08	$1,454
Jun 2004	0	257	36.10	6.43	$1,653
May 2004	0	271	37.48	6.49	$1,760
Apr 2004	0	273	34.47	5.86	$1,599
Mar 2004	0	287	34.36	5.53	$1,587
Feb 2004	0	243	32.45	5.51	$1,339
Jan 2004	0	268	32.03	6.30	$1,688
Dec 2003	30	282	30.26	6.30	$2,685
Nov 2003	0	273	28.80	4.60	$1,254
Oct 2003	0	282	28.17	4.76	$1,342
Sep 2003	0	308	26.31	4.75	$1,463
Aug 2003	0	359	29.76	5.13	$1,842
Jul 2003	0	283	29.41	5.17	$1,463
Jun 2003	0	286	28.56	5.98	$1,711
May 2003	0	286	26.59	5.97	$1,708
Apr 2003	0	299	26.67	5.41	$1,617
Mar 2003	0	320	31.14	6.10	$1,951
Feb 2003	0	310	33.48	7.93	$2,457
Jan 2003	0	273	30.31	5.58	$1,524
Dec 2002	0	276	26.91	4.85	$1,340
Nov 2002	0	406	24.66	4.14	$1,680
Oct 2002	0	144	26.46	4.23	$609
Sep 2002	0	285	27.44	3.64	$1,036
Aug 2002	0	261	25.96	3.16	$826
Jul 2002	0	288	24.58	3.06	$882
Jun 2002	0	273	23.73	3.34	$911
May 2002	0	368	24.66	3.58	$1,319
Apr 2002	0	340	23.65	3.51	$1,194
Mar 2002	0	256	22.00	3.10	$794
Feb 2002	0	356	18.22	2.38	$846
Jan 2002	0	240	17.17	2.38	$570
Dec 2001	0	364	16.93	2.36	$861
Nov 2001	0	344	18.07	2.41	$828
Oct 2001	0	369	19.78	2.53	$933
Sep 2001	0	395	24.26	2.25	$889
Aug 2001	0	426	24.87	3.05	$1,301
Jul 2001	0	420	23.93	3.20	$1,343
Jun 2001	0	346	24.56	3.82	$1,323
May 2001	0	434	25.52	4.31	$1,869
Apr 2001	0	409	24.68	5.34	$2,182
Mar 2001	0	349	24.54	5.38	$1,876
Feb 2001	0	348	27.75	5.77	$2,007
Jan 2001	0	417	27.47	8.40	$3,502
Dec 2000	0	388	26.88	9.12	$3,540
Nov 2000	0	391	32.21	5.66	$2,212
Oct 2000	0	425	31.23	5.15	$2,187
Sep 2000	0	427	31.87	5.19	$2,215
Aug 2000	0	406	29.64	4.54	$1,844
Jul 2000	0	448	28.53	4.09	$1,832
Jun 2000	0	480	29.30	4.40	$2,111
May 2000	0	501	27.26	3.68	$1,844
Apr 2000	0	490	24.51	3.12	$1,527
Mar 2000	0	536	28.42	2.86	$1,533
Feb 2000	0	381	27.62	2.73	$1,039
Jan 2000	0	372	25.27	2.48	$923
Dec 1999	0	409	24.28	2.42	$991
Nov 1999	0	383	23.19	2.43	$932
Oct 1999	0	477	20.98	2.80	$1,337
Sep 1999	0	278	21.75	2.62	$728
Aug 1999	0	546	19.26	2.88	$1,570
Jul 1999	0	512	17.89	2.37	$1,215
Jun 1999	0	453	15.94	2.36	$1,070
May 1999	0	642	15.79	2.32	$1,490
Apr 1999	0	670	15.10	2.21	$1,479
Mar 1999	9	743	12.47	1.84	$1,478
Feb 1999	0	752	9.98	1.82	$1,367
Jan 1999	0	533	10.38	1.90	$1,013
Dec 1998	0	524	9.20	1.77	$929
Nov 1998	0	268	10.89	2.19	$586
Oct 1998	32	102	12.42	1.97	$598
Sep 1998	0	318	12.59	2.08	$662
Aug 1998	0	345	11.30	1.91	$658
Jul 1998	0	424	11.74	2.24	$949
Jun 1998	0	529	11.24	2.24	$1,184
May 1998	0	678	12.62	2.21	$1,496
Apr 1998	0	725	13.04	2.51	$1,816
Mar 1998	0	665	12.80	2.31	$1,536
Feb 1998	0	543	13.95	2.30	$1,248
Jan 1998	0	796	14.70	2.15	$1,715
Dec 1997	0	775	16.32	2.41	$1,869
Nov 1997	0	693	18.19	3.09	$2,140
Oct 1997	0	751	19.25	3.15	$2,366
Sep 1997	0	847	17.74	2.95	$2,503
Aug 1997	0	818	17.86	2.55	$2,090
Jul 1997	0	851	17.58	2.25	$1,912
Jun 1997	0	846	17.24	2.26	$1,910
May 1997	0	833	18.97	2.31	$1,923
Apr 1997	0	703	17.88	2.08	$1,464
Mar 1997	0	743	18.95	1.94	$1,441
Feb 1997	0	795	20.49	2.21	$1,754
Jan 1997	0	964	23.48	3.54	$3,412
Dec 1996	0	969	23.32	—	$0
Nov 1996	0	917	21.97	—	$0
Oct 1996	0	999	23.31	—	$0
Sep 1996	0	949	22.22	—	$0
Aug 1996	0	966	20.26	—	$0
Jul 1996	0	999	19.55	—	$0
Jun 1996	0	1,019	18.73	—	$0
May 1996	0	727	19.43	—	$0
Apr 1996	0	957	21.51	—	$0
Mar 1996	0	983	19.38	—	$0
Feb 1996	0	906	16.98	—	$0
Jan 1996	0	1,178	17.07	—	$0
Dec 1995	0	1,206	17.19	—	$0
Nov 1995	0	1,037	16.00	—	$0
Oct 1995	0	1,131	15.43	—	$0
Sep 1995	0	1,212	16.18	—	$0
Aug 1995	0	1,284	15.92	—	$0
Jul 1995	0	1,321	15.24	—	$0
Jun 1995	0	1,228	16.41	—	$0
May 1995	0	1,280	17.56	—	$0
Apr 1995	0	1,169	17.73	—	$0
Mar 1995	0	1,248	16.44	—	$0
Feb 1995	0	936	16.58	—	$0
Jan 1995	0	1,526	15.92	—	$0
Dec 1994	0	1,421	15.03	—	$0
Nov 1994	35	1,422	15.90	—	$557
Oct 1994	0	1,104	15.58	—	$0
Sep 1994	0	1,607	15.29	—	$0
Aug 1994	0	1,691	16.13	—	$0
Jul 1994	0	1,767	17.56	—	$0
Jun 1994	0	1,858	17.09	—	$0
May 1994	0	1,940	15.88	—	$0
Apr 1994	0	2,085	14.14	—	$0
Mar 1994	7	2,242	12.46	—	$87
Feb 1994	0	329	12.50	—	$0
Jan 1994	0	870	12.66	—	$0
Dec 1993	0	1,206	12.33	—	$0
Nov 1993	0	1,576	14.49	—	$0
Oct 1993	0	1,869	15.85	—	$0
Sep 1993	0	1,449	15.03	—	$0
Aug 1993	0	1,580	15.66	—	$0
Jul 1993	14	1,509	15.46	—	$216
Jun 1993	0	1,715	16.79	—	$0
May 1993	0	1,387	17.68	—	$0
Apr 1993	5	1,857	18.05	—	$90
Mar 1993	0	1,564	18.14	—	$0
Feb 1993	0	1,927	17.90	—	$0
Jan 1993	0	1,559	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            11 bbl  × $ 94.73 =     $1,042
Gas                    0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $1,042

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/132533 is the state's own key, not one this site invented.