S.T. 444-S UNIT

Operated by KELLEY OIL CORPORATION (P-5 453792) in the ST. TR. 444-S (CRIS 54-1B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142526District 03Field 85727140CondensateGasSaveExport
Value, all time
$317 k
Jan 1993 – May 2001
Value, last 12 filed months
$51
at the published price for each month
Months reported
101
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
1992-07-07
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 12-1-94.

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
CondensateDisposition2,849 bbl$46,067
GasProduction4,577,681 Mcf$271,069
Total$317,136

4,474,975 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 (101)

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

101 months

May 20012025.524.31$51
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 200005925.272.48$146
Dec 1999014224.282.42$344
Nov 1999018923.192.43$460
Oct 19990020.982.80$0
Sep 1999024721.752.62$647
Aug 1999028519.262.88$820
Jul 1999017717.892.37$420
Jun 1999023415.942.36$553
May 1999034515.792.32$801
Apr 1999036115.102.21$797
Mar 1999032112.471.84$590
Feb 19990709.981.82$127
Jan 1999024310.381.90$462
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998090111.301.91$1,719
Jul 199801,25611.742.24$2,810
Jun 1998411,67111.242.24$4,199
May 199801,98212.622.21$4,373
Apr 199801,63113.042.51$4,086
Mar 199821,13812.802.31$2,654
Feb 199802,66613.952.30$6,129
Jan 199862,53614.702.15$5,553
Dec 199702,30116.322.41$5,548
Nov 19970018.193.09$0
Oct 199703,29719.253.15$10,385
Sep 199703,13517.742.95$9,264
Aug 199704,66817.862.55$11,926
Jul 199703,47917.582.25$7,817
Jun 199723,66417.242.26$8,305
May 199704,05118.972.31$9,352
Apr 199704,10117.882.08$8,541
Mar 199706,20518.951.94$12,032
Feb 1997023,20320.492.21$51,184
Jan 1997028,14823.483.54$99,635
Dec 1996028,26023.32$0
Nov 1996029,78621.97$0
Oct 1996030,06023.31$0
Sep 19962333,36622.22$511
Aug 19962838,00820.26$567
Jul 19962637,97319.55$508
Jun 19962734,81218.73$506
May 19963847,05819.43$738
Apr 19964247,68821.51$903
Mar 19964253,17219.38$814
Feb 19965845,58016.98$985
Jan 19966249,52017.07$1,058
Dec 19955960,32217.19$1,014
Nov 19955359,76016.00$848
Oct 19956271,68915.43$957
Sep 1995669,74416.18$1,068
Aug 199501,34015.92$0
Jul 19955695,29715.24$853
Jun 19954892,51716.41$788
May 19956299,65417.56$1,089
Apr 19957098,89317.73$1,241
Mar 199563103,53316.44$1,036
Feb 199573101,27416.58$1,210
Jan 19954888,59815.92$764
Dec 199494114,01515.03$1,413
Nov 19944450,23615.90$700
Oct 19945164,45515.58$795
Sep 19945488,27015.29$826
Aug 199410093,49016.13$1,613
Jul 19945498,56017.56$948
Jun 19946085,72217.09$1,025
May 199411194,90615.88$1,763
Apr 19949181,21714.14$1,287
Mar 1994124106,91312.46$1,545
Feb 199477107,76312.50$963
Jan 199457119,31512.66$722
Dec 1993150121,02312.33$1,850
Nov 199397117,60914.49$1,406
Oct 199339126,61915.85$618
Sep 19930135,24315.03$0
Aug 19930171,60315.66$0
Jul 19930188,76415.46$0
Jun 19936192,50016.79$101
May 19930209,26217.68$0
Apr 1993109191,85318.05$1,967
Mar 1993239217,44318.14$4,335
Feb 1993132162,83017.90$2,363
Jan 1993101177,46016.93$1,710

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 2001 — as filed, then multipliedworked
Condensate             2 bbl  × $ 25.52 =        $51
Gas                    0 Mcf  × $  4.31 =         $0

────────────────────────────────────────────────────
Month total                                      $51

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/142526 is the state's own key, not one this site invented.