STATE TRACT 338-L UNIT

Operated by SAMSON CONTOUR ENERGY E&P, LLC (P-5 744685) in the BRAZOS BLOCK 338-L (MIOCENE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140446District 03Field 11665200CondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – Aug 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
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
1992-03-09
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1992-03-09.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 10-1-94.

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
CondensateDisposition2,441 bbl$48,808
GasProduction4,046,096 Mcf$1,870,230
Total$1,919,038

3,318,970 Mcf of this lease's gas, across 37 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 (152)

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

152 months

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 2003169026.314.75$4,446
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200302,52226.675.41$13,637
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200302,12330.315.58$11,851
Dec 200202,00826.914.85$9,746
Nov 2002045524.664.14$1,882
Oct 2002045726.464.23$1,933
Sep 2002057127.443.64$2,076
Aug 200201,27925.963.16$4,047
Jul 2002351,38424.583.06$5,098
Jun 200201,45823.733.34$4,867
May 200201,58924.663.58$5,695
Apr 2002421,45023.653.51$6,086
Mar 2002063222.003.10$1,961
Feb 200201,31918.222.38$3,134
Jan 2002341,31917.172.38$3,717
Dec 200101,22716.932.36$2,901
Nov 2001271,23318.072.41$3,454
Oct 2001301,24219.782.53$3,734
Sep 200101,07924.262.25$2,429
Aug 2001291,60024.873.05$5,606
Jul 200101,44923.933.20$4,633
Jun 200101,42424.563.82$5,446
May 200101,42125.524.31$6,121
Apr 2001131,56424.685.34$8,665
Mar 200101,02324.545.38$5,500
Feb 20011890627.755.77$5,724
Jan 20013037627.478.40$3,982
Dec 200001,12726.889.12$10,281
Nov 20001795532.215.66$5,951
Oct 2000381,16531.235.15$7,181
Sep 20002198831.875.19$5,794
Aug 20002293629.644.54$4,902
Jul 2000191,05428.534.09$4,853
Jun 2000191,03229.304.40$5,095
May 20003694527.263.68$4,459
Apr 20003694724.513.12$3,833
Mar 2000181,05328.422.86$3,523
Feb 20003697527.622.73$3,653
Jan 2000094525.272.48$2,344
Dec 19994669424.282.42$2,799
Nov 19993774223.192.43$2,664
Oct 1999201,53720.982.80$4,729
Sep 1999421,36421.752.62$4,486
Aug 1999211,45319.262.88$4,583
Jul 199901,37517.892.37$3,262
Jun 1999651,47515.942.36$4,520
May 1999601,48015.792.32$4,383
Apr 1999431,41515.102.21$3,774
Mar 1999221,56312.471.84$3,148
Feb 199901,2199.981.82$2,216
Jan 1999203,59010.381.90$7,028
Dec 199802,8299.201.77$5,017
Nov 199807,02710.892.19$15,359
Oct 199807,12112.421.97$14,023
Sep 199803,34312.592.08$6,962
Aug 1998134,71711.301.91$9,144
Jul 1998395,59611.742.24$12,978
Jun 19981322,61411.242.24$50,740
May 19989118,87512.622.21$42,793
Apr 19989611,65913.042.51$30,461
Mar 19985314,63612.802.31$34,479
Feb 199810613,34113.952.30$32,151
Jan 19989116,07514.702.15$35,976
Dec 19978832,38516.322.41$79,520
Nov 19975422,38018.193.09$70,098
Oct 19976828,69619.253.15$91,696
Sep 1997023,16717.742.95$68,456
Aug 1997031,52417.862.55$80,536
Jul 19972634,15317.582.25$77,197
Jun 1997039,89617.242.26$90,053
May 19979143,54818.972.31$102,257
Apr 19973452,55117.882.08$110,060
Mar 19976667,06718.951.94$131,303
Feb 19975174,14820.492.21$164,608
Jan 19976886,63923.483.54$308,273
Dec 19964981,80323.32$1,143
Nov 19963877,13821.97$835
Oct 19963585,08523.31$816
Sep 19967693,23122.22$1,689
Aug 19965596,00920.26$1,114
Jul 1996094,30319.55$0
Jun 199602,48718.73$0
May 1996020,50119.43$0
Apr 1996947,46221.51$194
Mar 199666019.38$1,279
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 199501,68316.41$0
May 1995018,40617.56$0
Apr 19950017.73$0
Mar 1995062,29616.44$0
Feb 19950016.58$0
Jan 1995025,81415.92$0
Dec 1994090,65415.03$0
Nov 1994092,93115.90$0
Oct 1994077,95315.58$0
Sep 1994097,18415.29$0
Aug 19940103,72516.13$0
Jul 19940107,30917.56$0
Jun 19940103,39817.09$0
May 19940105,54115.88$0
Apr 1994091,68114.14$0
Mar 19940101,85312.46$0
Feb 19940100,00112.50$0
Jan 1994071,31812.66$0
Dec 1993053,55612.33$0
Nov 1993098,03114.49$0
Oct 19930121,62915.85$0
Sep 19930119,59915.03$0
Aug 19930114,23415.66$0
Jul 19930127,38915.46$0
Jun 19930124,11916.79$0
May 19930139,12317.68$0
Apr 19930133,97118.05$0
Mar 19930146,18018.14$0
Feb 19930136,02017.90$0
Jan 19930155,35316.93$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.

Sep 2003 — as filed, then multipliedworked
Condensate           169 bbl  × $ 26.31 =     $4,446
Gas                    0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                   $4,446

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/140446 is the state's own key, not one this site invented.