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 143045District 03Field 11665200CondensateGasSaveExport
Value, all time
$9.4 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
CondensateDisposition2,189 bbl$45,391
GasProduction5,690,259 Mcf$9,323,757
Total$9,369,149

2,510,581 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 2003161026.314.75$4,236
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200305,61226.675.41$30,346
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200306,31330.315.58$35,239
Dec 200207,61926.914.85$36,981
Nov 200208,77124.664.14$36,285
Oct 200208,76926.464.23$37,085
Sep 2002011,19227.443.64$40,685
Aug 2002029,43325.963.16$93,131
Jul 20023529,18224.583.06$90,209
Jun 2002028,97023.733.34$96,709
May 2002032,38024.663.58$116,050
Apr 20024229,36923.653.51$104,147
Mar 2002012,33622.003.10$38,275
Feb 2002028,94818.222.38$68,771
Jan 20023433,58717.172.38$80,376
Dec 2001032,67016.932.36$77,245
Nov 20012730,73418.072.41$74,419
Oct 20013034,82119.782.53$88,652
Sep 2001032,99424.262.25$74,280
Aug 20012935,89224.873.05$110,305
Jul 2001035,20623.933.20$112,556
Jun 2001036,88824.563.82$141,066
May 2001037,21325.524.31$160,288
Apr 20013235,39324.685.34$189,623
Mar 2001030,20624.545.38$162,401
Feb 20011826,87027.755.77$155,461
Jan 2001309,45927.478.40$80,268
Dec 2000038,59326.889.12$352,065
Nov 20001731,72632.215.66$180,053
Oct 20003840,92831.235.15$211,782
Sep 20002144,00431.875.19$228,896
Aug 20002244,62929.644.54$203,301
Jul 20001945,98728.534.09$188,617
Jun 20001947,31229.304.40$208,599
May 20003643,80427.263.68$162,169
Apr 20003643,80224.513.12$137,369
Mar 20001849,65728.422.86$142,518
Feb 20003650,21727.622.73$137,911
Jan 2000051,77125.272.48$128,418
Dec 19996842,15624.282.42$103,825
Nov 19993745,48123.192.43$111,558
Oct 19992050,25620.982.80$141,323
Sep 19994253,95821.752.62$142,221
Aug 19992157,94919.262.88$167,043
Jul 1999057,91317.892.37$137,391
Jun 19996557,91315.942.36$137,832
May 19996352,80615.792.32$123,559
Apr 19994357,72215.102.21$128,102
Mar 19992264,50412.471.84$118,854
Feb 19997950,2229.981.82$92,081
Jan 19992439,77910.381.90$75,827
Dec 1998016,8219.201.77$29,829
Nov 19981925,94310.892.19$56,911
Oct 1998055,59012.421.97$109,468
Sep 1998043,93412.592.08$91,498
Aug 19981361,82111.301.91$118,061
Jul 1998062,51211.742.24$139,856
Jun 19982841,31811.242.24$92,754
May 1998056,58312.622.21$124,841
Apr 1998562,15213.042.51$155,776
Mar 1998166,95612.802.31$154,644
Feb 19981271,10213.952.30$163,640
Jan 19983351,88014.702.15$112,276
Dec 19978262,30116.322.41$151,552
Nov 199710763,32218.193.09$197,501
Oct 19977550,82919.253.15$161,546
Sep 1997051,88017.742.95$153,299
Aug 1997058,47317.862.55$149,383
Jul 19974163,29617.582.25$142,943
Jun 1997067,42617.242.26$152,194
May 199710169,77518.972.31$162,992
Apr 19973565,72417.882.08$137,514
Mar 19975568,91218.951.94$134,672
Feb 19973459,46020.492.21$131,859
Jan 19976567,75223.483.54$241,348
Dec 19964163,03123.32$956
Nov 19963662,76021.97$791
Oct 19962569,18023.31$583
Sep 19967275,82122.22$1,600
Aug 19964877,43420.26$972
Jul 1996076,57419.55$0
Jun 199602,01018.73$0
May 1996016,74219.43$0
Apr 1996845,49921.51$172
Mar 199658019.38$1,124
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 199501,36016.41$0
May 1995015,03317.56$0
Apr 19950017.73$0
Mar 1995050,49816.44$0
Feb 19950016.58$0
Jan 1995022,44815.92$0
Dec 1994079,67915.03$0
Nov 1994080,32615.90$0
Oct 1994064,45915.58$0
Sep 1994077,20615.29$0
Aug 1994077,39516.13$0
Jul 1994079,24017.56$0
Jun 1994076,32617.09$0
May 1994080,16515.88$0
Apr 1994069,02914.14$0
Mar 1994077,72912.46$0
Feb 1994071,02612.50$0
Jan 1994052,11312.66$0
Dec 1993039,64412.33$0
Nov 1993071,37214.49$0
Oct 1993087,60915.85$0
Sep 1993089,21815.03$0
Aug 1993083,59515.66$0
Jul 1993098,70515.46$0
Jun 1993093,93216.79$0
May 1993098,38417.68$0
Apr 1993094,98518.05$0
Mar 19930104,38118.14$0
Feb 1993094,38417.90$0
Jan 19931191,28916.93$186

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           161 bbl  × $ 26.31 =     $4,236
Gas                    0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                   $4,236

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/143045 is the state's own key, not one this site invented.