STATE TRACT 520-L SE/4

Operated by ATINUM ENERGY, INC. (P-5 36064) in the EL GORDO (13700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150477District 03Field 27964880CondensateGasSaveExport
Value, all time
$1.2 M
Mar 1994 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
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
1983-08-08
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
CondensateDisposition4,772 bbl$108,054
GasProduction668,235 Mcf$1,107,452
Total$1,215,505

484,546 Mcf of this lease's gas, across 19 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 (225)

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

225 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20116083.404.15$500
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201002670.364.91$128
May 20100071.124.24$0
Apr 201015081.694.12$1,225
Mar 201003678.394.39$158
Feb 2010161973.585.44$1,281
Jan 201002074.365.96$119
Dec 200902071.445.48$110
Nov 2009453874.593.75$3,499
Oct 2009962372.544.11$7,058
Sep 200902065.543.06$61
Aug 200902067.423.22$64
Jul 200902561.133.46$87
Jun 200902666.163.90$101
May 200902154.743.93$82
Apr 200902046.773.59$72
Mar 200901942.144.06$77
Feb 200903832.814.63$176
Jan 200904835.865.37$258
Dec 200806137.105.98$365
Nov 200802055.496.86$137
Oct 200802575.246.92$173
Sep 2008039101.767.88$307
Aug 2008061114.228.48$517
Jul 2008044131.0811.39$501
Jun 2008032131.3313.03$417
May 20080111123.1711.57$1,285
Apr 200804,597110.3110.45$48,061
Mar 200805,473101.909.66$52,891
Feb 200804,16492.538.77$36,521
Jan 2008162,61890.388.21$22,929
Dec 200705,72288.337.30$41,782
Nov 200705,42291.677.29$39,536
Oct 2007834,12382.856.92$35,416
Sep 200706,86075.846.24$42,835
Aug 200704,50769.066.39$28,790
Jul 200707,57070.906.39$48,357
Jun 200707,56362.007.55$57,089
May 200707,72458.747.85$60,605
Apr 200707,01359.617.81$54,738
Mar 200707,53756.927.30$55,035
Feb 200705,15155.108.22$42,321
Jan 200705,02750.306.73$33,816
Dec 2006011,30056.656.92$78,178
Nov 200603,55554.207.62$27,080
Oct 2006019,91254.906.01$119,747
Sep 200621,16660.085.04$5,994
Aug 200601,28868.717.34$9,454
Jul 2006112,49269.376.34$16,569
Jun 20060066.286.38$0
May 200602066.016.42$129
Apr 200602164.397.36$155
Mar 20060056.707.08$0
Feb 200642057.597.75$385
Jan 200602560.598.93$223
Dec 2005192154.9413.42$1,326
Nov 200502154.6910.59$222
Oct 200502658.3413.80$359
Sep 200502261.4512.08$266
Aug 200592061.519.80$750
Jul 200501455.697.84$110
Jun 200502752.337.38$199
May 200502145.226.65$140
Apr 200502749.207.36$199
Mar 200502150.377.15$150
Feb 200502245.226.31$139
Jan 200502643.166.32$164
Dec 200402039.866.75$135
Nov 200401945.286.33$120
Oct 200402649.706.52$169
Sep 200402643.245.28$137
Aug 200402642.375.55$144
Jul 200402638.286.08$158
Jun 200402536.106.43$161
May 200402737.486.49$175
Apr 200402534.475.86$146
Mar 200402534.365.53$138
Feb 200402632.455.51$143
Jan 200402132.036.30$132
Dec 200301630.266.30$101
Nov 200307328.804.60$335
Oct 2003017728.174.76$842
Sep 2003678426.314.75$3,881
Aug 200303929.765.13$200
Jul 2003058129.415.17$3,004
Jun 2003010428.565.98$622
May 200307326.595.97$436
Apr 200307726.675.41$416
Mar 200308431.146.10$512
Feb 200307933.487.93$626
Jan 200307830.315.58$435
Dec 200207926.914.85$383
Nov 200207724.664.14$319
Oct 2002010326.464.23$436
Sep 2002010327.443.64$374
Aug 2002010425.963.16$329
Jul 2002010424.583.06$318
Jun 2002010123.733.34$337
May 200207824.663.58$280
Apr 2002030823.653.51$1,082
Mar 2002010322.003.10$320
Feb 2002011318.222.38$268
Jan 2002029217.172.38$694
Dec 2001010316.932.36$244
Nov 2001010218.072.41$245
Oct 200109919.782.53$250
Sep 2001010124.262.25$227
Aug 2001012524.873.05$382
Jul 2001031723.933.20$1,013
Jun 2001010424.563.82$398
May 2001021125.524.31$909
Apr 2001410124.685.34$638
Mar 2001646824.545.38$2,663
Feb 2001226627.755.77$1,590
Jan 200155827.478.40$624
Dec 20000026.889.12$0
Nov 2000122,66032.215.66$15,437
Oct 2000215931.235.15$881
Sep 20008631.875.19$286
Aug 20001443929.644.54$2,408
Jul 20002471,42228.534.09$12,863
Jun 20000029.304.40$0
May 200016132727.263.68$5,592
Apr 20002081,05124.513.12$8,373
Mar 20001941,55928.422.86$9,972
Feb 20008840827.622.73$3,543
Jan 2000216225.272.48$684
Dec 1999991,26724.282.42$5,475
Nov 1999821,84123.192.43$6,383
Oct 199901,30120.982.80$3,648
Sep 19990021.752.62$0
Aug 1999101,11119.262.88$3,387
Jul 1999310117.892.37$293
Jun 1999887615.942.36$2,197
May 19992069215.792.32$1,922
Apr 19992743415.102.21$1,366
Mar 1999692,14012.471.84$4,794
Feb 199991,0819.981.82$2,055
Jan 199901,07110.381.90$2,035
Dec 199801,0169.201.77$1,802
Nov 1998027810.892.19$608
Oct 1998026112.421.97$514
Sep 1998020212.592.08$421
Aug 199801,03211.301.91$1,968
Jul 199811,16811.742.24$2,625
Jun 199801,02211.242.24$2,286
May 199801,31912.622.21$2,910
Apr 199801,05713.042.51$2,648
Mar 1998965712.802.31$1,633
Feb 199861,00013.952.30$2,383
Jan 1998111,34314.702.15$3,056
Dec 1997111,50716.322.41$3,813
Nov 199791,36118.193.09$4,367
Oct 199781,36119.253.15$4,441
Sep 199771,24617.742.95$3,806
Aug 199771,05917.862.55$2,830
Jul 1997101,62417.582.25$3,825
Jun 1997345117.242.26$1,070
May 1997101,48818.972.31$3,625
Apr 199771,08517.882.08$2,385
Mar 1997101,32018.951.94$2,749
Feb 199791,15020.492.21$2,721
Jan 1997151,64723.483.54$6,182
Dec 1996111,81823.32$257
Nov 199681,13021.97$176
Oct 1996132,45923.31$303
Sep 1996132,30722.22$289
Aug 1996273,84920.26$547
Jul 1996334,25219.55$645
Jun 1996172,10518.73$318
May 1996233,17519.43$447
Apr 1996122,10421.51$258
Mar 19960019.38$0
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 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 1995233,34516.44$378
Feb 19950016.58$0
Jan 19950015.92$0
Dec 1994674015.03$90
Nov 19940015.90$0
Oct 1994152,43115.58$234
Sep 199441869,56815.29$6,391
Aug 199446778,19816.13$7,533
Jul 199439668,90017.56$6,954
Jun 199440268,85817.09$6,870
May 199457078,65115.88$9,052
Apr 199438063,02614.14$5,373
Mar 199417827,63012.46$2,218

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.

Aug 2011 — as filed, then multipliedworked
Condensate             6 bbl  × $ 83.40 =       $500
Gas                    0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                     $500

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/150477 is the state's own key, not one this site invented.