STATE TRACT NO. 533-S

Name: STATE TRACT NO. 533-S lease production and value, Jan 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NOBLE ENERGY INC (P-5 611665) in the COLORADO DELTA (MIOCENE 2850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149659District 03Field 19815275CondensateGasSave Export

Value, all time

$4.2 M

Jan 1994 – Feb 2005

Value, last 12 filed months

at the published price for each month

Months reported

134

no gaps in the span

Streams

condensate, gas

The COLORADO DELTA (MIOCENE 2850) 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 other leases, and the rule below applies to all of them.

Discovered

1990-03-24

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 11-1-94.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	73 bbl	$1,164
Gas	Production	2,087,515 Mcf	$4,165,940
Total			$4,167,103

776,743 Mcf of this lease's gas, across 35 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 (134)

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

134 months


Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	245	26.31	4.75	$1,164
Aug 2003	0	1,347	29.76	5.13	$6,910
Jul 2003	0	552	29.41	5.17	$2,854
Jun 2003	0	1,348	28.56	5.98	$8,065
May 2003	0	1,721	26.59	5.97	$10,279
Apr 2003	0	837	26.67	5.41	$4,526
Mar 2003	0	75	31.14	6.10	$457
Feb 2003	0	3,776	33.48	7.93	$29,928
Jan 2003	0	13,024	30.31	5.58	$72,700
Dec 2002	0	16,651	26.91	4.85	$80,820
Nov 2002	0	18,718	24.66	4.14	$77,436
Oct 2002	0	16,738	26.46	4.23	$70,787
Sep 2002	0	15,109	27.44	3.64	$54,924
Aug 2002	0	14,534	25.96	3.16	$45,988
Jul 2002	0	15,632	24.58	3.06	$47,861
Jun 2002	0	16,787	23.73	3.34	$56,039
May 2002	0	16,689	24.66	3.58	$59,813
Apr 2002	0	15,361	23.65	3.51	$53,953
Mar 2002	0	16,208	22.00	3.10	$50,289
Feb 2002	0	14,241	18.22	2.38	$33,832
Jan 2002	0	17,502	17.17	2.38	$41,579
Dec 2001	0	17,557	16.93	2.36	$41,512
Nov 2001	0	17,098	18.07	2.41	$41,130
Oct 2001	0	8,338	19.78	2.53	$21,086
Sep 2001	0	17,602	24.26	2.25	$39,628
Aug 2001	0	18,653	24.87	3.05	$56,951
Jul 2001	0	18,703	23.93	3.20	$59,795
Jun 2001	0	18,743	24.56	3.82	$71,676
May 2001	0	18,740	25.52	4.31	$80,719
Apr 2001	0	17,521	24.68	5.34	$93,480
Mar 2001	0	18,308	24.54	5.38	$98,432
Feb 2001	0	16,911	27.75	5.77	$97,527
Jan 2001	0	19,337	27.47	8.40	$162,407
Dec 2000	0	15,282	26.88	9.12	$139,410
Nov 2000	0	14,434	32.21	5.66	$81,668
Oct 2000	0	16,111	31.23	5.15	$82,899
Sep 2000	0	16,137	31.87	5.19	$83,695
Aug 2000	0	15,751	29.64	4.54	$71,521
Jul 2000	0	16,952	28.53	4.09	$69,329
Jun 2000	0	21,476	29.30	4.40	$94,435
May 2000	0	18,550	27.26	3.68	$68,259
Apr 2000	0	17,828	24.51	3.12	$55,552
Mar 2000	0	19,602	28.42	2.86	$56,057
Feb 2000	0	17,687	27.62	2.73	$48,224
Jan 2000	0	18,528	25.27	2.48	$45,959
Dec 1999	0	18,564	24.28	2.42	$44,994
Nov 1999	0	15,487	23.19	2.43	$37,695
Oct 1999	0	20,588	20.98	2.80	$57,723
Sep 1999	0	20,076	21.75	2.62	$52,576
Aug 1999	0	22,190	19.26	2.88	$63,810
Jul 1999	0	22,395	17.89	2.37	$53,129
Jun 1999	73	22,270	15.94	2.36	$53,768
May 1999	0	24,685	15.79	2.32	$57,294
Apr 1999	0	24,917	15.10	2.21	$55,018
Mar 1999	0	23,430	12.47	1.84	$43,072
Feb 1999	0	15,503	9.98	1.82	$28,181
Jan 1999	0	16,564	10.38	1.90	$31,471
Dec 1998	0	14,516	9.20	1.77	$25,742
Nov 1998	0	15,788	10.89	2.19	$34,508
Oct 1998	0	16,049	12.42	1.97	$31,604
Sep 1998	0	13,835	12.59	2.08	$28,813
Aug 1998	0	18,269	11.30	1.91	$34,845
Jul 1998	0	20,183	11.74	2.24	$45,155
Jun 1998	0	19,383	11.24	2.24	$43,365
May 1998	0	20,198	12.62	2.21	$44,564
Apr 1998	0	18,377	13.04	2.51	$46,040
Mar 1998	0	18,484	12.80	2.31	$42,688
Feb 1998	0	17,995	13.95	2.30	$41,373
Jan 1998	0	15,918	14.70	2.15	$34,300
Dec 1997	0	15,897	16.32	2.41	$38,329
Nov 1997	0	14,866	18.19	3.09	$45,910
Oct 1997	0	18,694	19.25	3.15	$58,883
Sep 1997	0	18,985	17.74	2.95	$56,098
Aug 1997	0	20,578	17.86	2.55	$52,571
Jul 1997	0	19,480	17.58	2.25	$43,770
Jun 1997	0	18,119	17.24	2.26	$40,898
May 1997	0	20,457	18.97	2.31	$47,225
Apr 1997	0	20,774	17.88	2.08	$43,268
Mar 1997	0	19,098	18.95	1.94	$37,034
Feb 1997	0	18,608	20.49	2.21	$41,047
Jan 1997	0	16,608	23.48	3.54	$58,787
Dec 1996	0	18,362	23.32	—	$0
Nov 1996	0	18,812	21.97	—	$0
Oct 1996	0	20,214	23.31	—	$0
Sep 1996	0	18,765	22.22	—	$0
Aug 1996	0	18,929	20.26	—	$0
Jul 1996	0	20,279	19.55	—	$0
Jun 1996	0	19,623	18.73	—	$0
May 1996	0	19,836	19.43	—	$0
Apr 1996	0	19,129	21.51	—	$0
Mar 1996	0	22,626	19.38	—	$0
Feb 1996	0	21,110	16.98	—	$0
Jan 1996	0	19,393	17.07	—	$0
Dec 1995	0	22,147	17.19	—	$0
Nov 1995	0	26,587	16.00	—	$0
Oct 1995	0	28,471	15.43	—	$0
Sep 1995	0	20,529	16.18	—	$0
Aug 1995	0	25,283	15.92	—	$0
Jul 1995	0	26,667	15.24	—	$0
Jun 1995	0	27,835	16.41	—	$0
May 1995	0	26,838	17.56	—	$0
Apr 1995	0	26,268	17.73	—	$0
Mar 1995	0	28,050	16.44	—	$0
Feb 1995	0	26,352	16.58	—	$0
Jan 1995	0	26,461	15.92	—	$0
Dec 1994	0	29,047	15.03	—	$0
Nov 1994	0	27,346	15.90	—	$0
Oct 1994	0	28,288	15.58	—	$0
Sep 1994	0	20,808	15.29	—	$0
Aug 1994	0	16,988	16.13	—	$0
Jul 1994	0	20,166	17.56	—	$0
Jun 1994	0	15,314	17.09	—	$0
May 1994	0	20,464	15.88	—	$0
Apr 1994	0	23,583	14.14	—	$0
Mar 1994	0	18,793	12.46	—	$0
Feb 1994	0	7,380	12.50	—	$0
Jan 1994	0	0	12.66	—	$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             0 bbl  × $ 26.31 =         $0
Gas                  245 Mcf  × $  4.75 =     $1,164

────────────────────────────────────────────────────
Month total                                   $1,164

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/149659 is the state's own key, not one this site invented.