STATE TRACT 335-L

Operated by FAIRWAYS SPEC. SALES & SERV INC (P-5 259790) in the BRAZOS BLOCK 335-L (6850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135222District 03Field 11640485CondensateGasSaveExport
Value, all time
$36
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
condensate, 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
1990-04-26
as the register files it
Field class
Gas
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
CondensateDisposition2 bbl$36
GasProduction1,630,020 Mcf$0
Total$36

1,630,020 Mcf of this lease's gas, across 47 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 19990012.471.84$0
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 19980011.742.24$0
Jun 19980011.242.24$0
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 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996053421.97$0
Oct 199603,44323.31$0
Sep 199603,57322.22$0
Aug 199605,07820.26$0
Jul 199606,16419.55$0
Jun 1996017,96818.73$0
May 1996023,02419.43$0
Apr 1996024,69521.51$0
Mar 1996026,92819.38$0
Feb 1996023,56816.98$0
Jan 1996025,20317.07$0
Dec 1995025,55117.19$0
Nov 1995025,64616.00$0
Oct 1995026,26315.43$0
Sep 1995023,04616.18$0
Aug 1995026,19015.92$0
Jul 1995032,76815.24$0
Jun 1995031,91116.41$0
May 1995029,69417.56$0
Apr 1995021,00917.73$0
Mar 1995030,23016.44$0
Feb 1995036,42716.58$0
Jan 1995037,96115.92$0
Dec 1994043,41015.03$0
Nov 1994042,63615.90$0
Oct 1994036,54015.58$0
Sep 1994042,41415.29$0
Aug 1994040,80316.13$0
Jul 1994051,23917.56$0
Jun 1994050,34817.09$0
May 1994052,72815.88$0
Apr 1994051,81514.14$0
Mar 1994058,02212.46$0
Feb 1994049,14712.50$0
Jan 1994064,47712.66$0
Dec 1993053,62612.33$0
Nov 1993048,84214.49$0
Oct 1993052,95615.85$0
Sep 1993043,23815.03$0
Aug 1993014,58415.66$0
Jul 1993041,21315.46$0
Jun 1993045,12916.79$0
May 1993046,31417.68$0
Apr 1993046,73018.05$0
Mar 1993051,76818.14$0
Feb 1993245,23217.90$36
Jan 1993049,93516.93$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.

Feb 1993 — as filed, then multipliedworked
Condensate             2 bbl  × $ 17.90 =        $36
Gas               45,232 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                      $36

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/135222 is the state's own key, not one this site invented.