S. T. 310-L S/2/NE/4

Name: S. T. 310-L S/2/NE/4 lease production and value, May 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WALTER OIL & GAS CORPORATION (P-5 895237) in the CYCLONE (ROB 43 6350 RES. A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159858District 03Field 22423365CondensateGasSave Export

Value, all time

$30.4 M

May 1996 – Aug 2011

Value, last 12 filed months

$110 k

at the published price for each month

Months reported

184

no gaps in the span

Streams

condensate, gas

The CYCLONE (ROB 43 6350 RES. A) 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

1996-05-15

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: “AOF-1 AND AOF-2 EFFECTIVE 07/01/97.”

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	17,500 bbl	$384,391
Gas	Production	8,114,564 Mcf	$30,051,134
Total			$30,435,525

462,403 Mcf of this lease's gas, across 5 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 (184)

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

184 months


Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	1	0	92.90	4.64	$93
May 2011	0	0	98.13	4.40	$0
Apr 2011	2	4,430	105.96	4.33	$19,408
Mar 2011	0	4,563	96.36	4.06	$18,514
Feb 2011	0	3,953	85.64	4.18	$16,523
Jan 2011	0	4,457	86.50	4.59	$20,452
Dec 2010	0	4,450	85.73	4.35	$19,347
Nov 2010	0	4,245	80.84	3.80	$16,111
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	2,462	73.68	4.42	$10,880
Jul 2010	1	4,647	72.55	4.74	$22,083
Jun 2010	1	4,587	70.36	4.91	$22,594
May 2010	2	4,423	71.12	4.24	$18,875
Apr 2010	2	3,282	81.69	4.12	$13,694
Mar 2010	4	3,061	78.39	4.39	$13,747
Feb 2010	7	3,051	73.58	5.44	$17,120
Jan 2010	8	2,530	74.36	5.96	$15,684
Dec 2009	3	3,435	71.44	5.48	$19,051
Nov 2009	10	8,752	74.59	3.75	$33,579
Oct 2009	21	13,767	72.54	4.11	$58,109
Sep 2009	14	14,075	65.54	3.06	$44,054
Aug 2009	1	15,695	67.42	3.22	$50,582
Jul 2009	19	14,073	61.13	3.46	$49,917
Jun 2009	4	5,104	66.16	3.90	$20,145
May 2009	8	7,380	54.74	3.93	$29,410
Apr 2009	21	14,125	46.77	3.59	$51,656
Mar 2009	22	16,145	42.14	4.06	$66,460
Feb 2009	24	15,443	32.81	4.63	$72,335
Jan 2009	34	17,260	35.86	5.37	$93,923
Dec 2008	26	14,450	37.10	5.98	$87,334
Nov 2008	10	13,296	55.49	6.86	$91,770
Oct 2008	14	13,402	75.24	6.92	$93,822
Sep 2008	0	9,537	101.76	7.88	$75,124
Aug 2008	0	2,926	114.22	8.48	$24,821
Jul 2008	5	5,996	131.08	11.39	$68,946
Jun 2008	15	6,197	131.33	13.03	$82,733
May 2008	8	553	123.17	11.57	$7,386
Apr 2008	8	4,782	110.31	10.45	$50,878
Mar 2008	31	7,474	101.90	9.66	$75,388
Feb 2008	26	9,878	92.53	8.77	$89,042
Jan 2008	18	17,147	90.38	8.21	$142,330
Dec 2007	47	24,062	88.33	7.30	$179,852
Nov 2007	37	21,618	91.67	7.29	$161,024
Oct 2007	32	23,996	82.85	6.92	$168,751
Sep 2007	20	23,578	75.84	6.24	$148,742
Aug 2007	12	24,271	69.06	6.39	$155,870
Jul 2007	27	15,100	70.90	6.39	$98,372
Jun 2007	17	16,352	62.00	7.55	$124,486
May 2007	37	26,490	58.74	7.85	$210,021
Apr 2007	13	23,044	59.61	7.81	$180,638
Mar 2007	9	17,851	56.92	7.30	$130,860
Feb 2007	5	23,840	55.10	8.22	$196,145
Jan 2007	1	22,611	50.30	6.73	$152,151
Dec 2006	3	23,878	56.65	6.92	$165,368
Nov 2006	5	20,556	54.20	7.62	$156,856
Oct 2006	2	27,046	54.90	6.01	$162,759
Sep 2006	15	23,788	60.08	5.04	$120,726
Aug 2006	19	27,768	68.71	7.34	$205,120
Jul 2006	1	27,945	69.37	6.34	$177,318
Jun 2006	1	18,370	66.28	6.38	$117,338
May 2006	10	15,375	66.01	6.42	$99,444
Apr 2006	12	27,630	64.39	7.36	$204,143
Mar 2006	22	27,387	56.70	7.08	$195,227
Feb 2006	10	24,502	57.59	7.75	$190,494
Jan 2006	19	27,729	60.59	8.93	$248,863
Dec 2005	15	27,578	54.94	13.42	$370,794
Nov 2005	12	29,975	54.69	10.59	$318,044
Oct 2005	9	30,532	58.34	13.80	$421,737
Sep 2005	22	24,742	61.45	12.08	$300,211
Aug 2005	24	23,501	61.51	9.80	$231,712
Jul 2005	37	31,704	55.69	7.84	$250,735
Jun 2005	32	32,117	52.33	7.38	$238,731
May 2005	33	32,727	45.22	6.65	$219,165
Apr 2005	24	31,187	49.20	7.36	$230,732
Mar 2005	33	31,377	50.37	7.15	$226,161
Feb 2005	15	29,032	45.22	6.31	$183,926
Jan 2005	26	32,755	43.16	6.32	$208,206
Dec 2004	21	27,204	39.86	6.75	$184,493
Nov 2004	19	27,392	45.28	6.33	$174,263
Oct 2004	18	30,639	49.70	6.52	$200,511
Sep 2004	11	31,476	43.24	5.28	$166,792
Aug 2004	13	32,201	42.37	5.55	$179,288
Jul 2004	33	33,239	38.28	6.08	$203,495
Jun 2004	20	30,634	36.10	6.43	$197,791
May 2004	31	30,623	37.48	6.49	$200,045
Apr 2004	48	32,148	34.47	5.86	$189,992
Mar 2004	26	27,776	34.36	5.53	$154,499
Feb 2004	23	25,942	32.45	5.51	$143,677
Jan 2004	24	26,489	32.03	6.30	$167,640
Dec 2003	25	28,344	30.26	6.30	$179,370
Nov 2003	20	26,121	28.80	4.60	$120,606
Oct 2003	25	34,826	28.17	4.76	$166,463
Sep 2003	19	37,300	26.31	4.75	$177,651
Aug 2003	23	37,074	29.76	5.13	$190,864
Jul 2003	25	38,418	29.41	5.17	$199,389
Jun 2003	20	38,260	28.56	5.98	$229,479
May 2003	30	39,900	26.59	5.97	$239,108
Apr 2003	26	41,500	26.67	5.41	$225,096
Mar 2003	30	42,388	31.14	6.10	$259,333
Feb 2003	19	18,740	33.48	7.93	$149,167
Jan 2003	19	19,662	30.31	5.58	$110,330
Dec 2002	27	17,811	26.91	4.85	$87,177
Nov 2002	29	15,076	24.66	4.14	$63,084
Oct 2002	27	30,968	26.46	4.23	$131,682
Sep 2002	44	37,344	27.44	3.64	$136,960
Aug 2002	30	34,678	25.96	3.16	$110,506
Jul 2002	31	39,688	24.58	3.06	$122,277
Jun 2002	52	40,177	23.73	3.34	$135,354
May 2002	78	42,091	24.66	3.58	$152,778
Apr 2002	72	44,968	23.65	3.51	$159,645
Mar 2002	69	49,866	22.00	3.10	$156,238
Feb 2002	85	46,208	18.22	2.38	$111,324
Jan 2002	63	47,856	17.17	2.38	$114,772
Dec 2001	60	42,558	16.93	2.36	$101,640
Nov 2001	66	49,898	18.07	2.41	$121,223
Oct 2001	65	49,081	19.78	2.53	$125,406
Sep 2001	62	56,137	24.26	2.25	$127,886
Aug 2001	49	62,964	24.87	3.05	$193,458
Jul 2001	60	62,453	23.93	3.20	$201,103
Jun 2001	78	64,872	24.56	3.82	$249,997
May 2001	89	63,470	25.52	4.31	$275,657
Apr 2001	373	60,799	24.68	5.34	$333,588
Mar 2001	174	61,127	24.54	5.38	$332,916
Feb 2001	61	52,123	27.75	5.77	$302,290
Jan 2001	75	67,643	27.47	8.40	$570,178
Dec 2000	58	68,265	26.88	9.12	$624,307
Nov 2000	69	71,351	32.21	5.66	$405,926
Oct 2000	65	68,260	31.23	5.15	$353,262
Sep 2000	59	66,504	31.87	5.19	$346,803
Aug 2000	175	76,293	29.64	4.54	$351,614
Jul 2000	198	77,841	28.53	4.09	$323,999
Jun 2000	385	72,713	29.30	4.40	$331,018
May 2000	258	86,301	27.26	3.68	$324,599
Apr 2000	133	79,649	24.51	3.12	$251,446
Mar 2000	153	85,846	28.42	2.86	$249,846
Feb 2000	0	73,861	27.62	2.73	$201,382
Jan 2000	0	86,013	25.27	2.48	$213,355
Dec 1999	0	86,524	24.28	2.42	$209,710
Nov 1999	160	85,865	23.19	2.43	$212,705
Oct 1999	119	76,357	20.98	2.80	$216,580
Sep 1999	117	73,797	21.75	2.62	$195,808
Aug 1999	0	70,485	19.26	2.88	$202,687
Jul 1999	192	67,131	17.89	2.37	$162,694
Jun 1999	0	65,892	15.94	2.36	$155,643
May 1999	0	77,332	15.79	2.32	$179,489
Apr 1999	0	78,388	15.10	2.21	$173,085
Mar 1999	0	80,371	12.47	1.84	$147,748
Feb 1999	0	79,444	9.98	1.82	$144,413
Jan 1999	0	87,903	10.38	1.90	$167,011
Dec 1998	168	78,921	9.20	1.77	$141,498
Nov 1998	945	82,402	10.89	2.19	$190,399
Oct 1998	845	99,405	12.42	1.97	$206,244
Sep 1998	0	92,052	12.59	2.08	$191,709
Aug 1998	101	104,516	11.30	1.91	$200,490
Jul 1998	374	109,072	11.74	2.24	$248,414
Jun 1998	700	107,822	11.24	2.24	$249,095
May 1998	361	105,094	12.62	2.21	$236,429
Apr 1998	296	99,739	13.04	2.51	$253,739
Mar 1998	284	104,471	12.80	2.31	$244,905
Feb 1998	247	100,518	13.95	2.30	$234,550
Jan 1998	715	109,330	14.70	2.15	$246,094
Dec 1997	355	115,257	16.32	2.41	$283,690
Nov 1997	309	117,855	18.19	3.09	$369,588
Oct 1997	180	84,848	19.25	3.15	$270,721
Sep 1997	242	124,149	17.74	2.95	$371,138
Aug 1997	469	128,143	17.86	2.55	$335,748
Jul 1997	471	126,941	17.58	2.25	$293,509
Jun 1997	373	136,713	17.24	2.26	$315,019
May 1997	578	136,474	18.97	2.31	$326,015
Apr 1997	478	128,516	17.88	2.08	$276,217
Mar 1997	611	143,540	18.95	1.94	$289,923
Feb 1997	368	124,187	20.49	2.21	$281,484
Jan 1997	645	134,611	23.48	3.54	$491,627
Dec 1996	624	148,792	23.32	—	$14,552
Nov 1996	1,205	147,020	21.97	—	$26,474
Oct 1996	0	159,022	23.31	—	$0
Sep 1996	0	6,138	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	1,431	19.43	—	$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.

Jun 2011 — as filed, then multipliedworked

Condensate             1 bbl  × $ 92.90 =        $93
Gas                    0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                      $93

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/159858 is the state's own key, not one this site invented.