HIGH ISLAND 24L SL59456

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the HIGH IS. BLK. 24L (FB-F, K-SER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 161525District 03Field 41209772CondensateGasSaveExport
Value, all time
$24.3 M
Jul 1996 – Dec 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
90
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
1996-07-17
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 06/01/97.

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.

StreamBasisVolumeValue
CondensateDisposition40,718 bbl$739,178
GasProduction12,157,749 Mcf$23,532,315
Total$24,271,493

2,596,266 Mcf of this lease's gas, across 6 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 (90)

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

90 months

Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
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 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19991021.752.62$22
Aug 199932,36419.262.88$6,856
Jul 1999948,23117.892.37$114,583
Jun 19994561,85515.942.36$146,825
May 19994247,51115.792.32$110,937
Apr 199917454,36315.102.21$122,664
Mar 199939957,41112.471.84$110,516
Feb 199919250,6039.981.82$93,902
Jan 199931953,89510.381.90$105,709
Dec 199838279,1989.201.77$143,958
Nov 1998516101,68310.892.19$227,870
Oct 1998484140,82112.421.97$283,317
Sep 1998452114,67612.592.08$244,517
Aug 1998502105,96011.301.91$207,775
Jul 1998517147,01311.742.24$334,977
Jun 1998758159,05411.242.24$364,367
May 19981,752184,79812.622.21$429,837
Apr 19981,006181,50613.042.51$467,851
Mar 1998795211,86612.802.31$499,468
Feb 1998720197,90313.952.30$465,049
Jan 19981,246317,30114.702.15$702,033
Dec 19971,439358,08116.322.41$886,854
Nov 19971,437383,17218.193.09$1,209,474
Oct 19971,616448,10419.253.15$1,442,555
Sep 19971,108586,22317.742.95$1,751,875
Aug 1997511685,76017.862.55$1,761,065
Jul 19971,712832,26717.582.25$1,900,151
Jun 19972,034890,33617.242.26$2,044,733
May 19972,736917,66818.972.31$2,170,339
Apr 19972,502825,04217.882.08$1,763,117
Mar 199737169,09918.951.94$141,023
Feb 19972,241547,90320.492.21$1,254,537
Jan 19972,995699,81623.483.54$2,547,461
Dec 19962,019635,48123.32$47,083
Nov 19961,610457,03221.97$35,372
Oct 19962,028421,11823.31$47,273
Sep 19961,905432,82522.22$42,329
Aug 19961,950524,89220.26$39,507
Jul 1996190124,91819.55$3,715

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 1999 — as filed, then multipliedworked
Condensate             1 bbl  × $ 21.75 =        $22
Gas                    0 Mcf  × $  2.62 =         $0

────────────────────────────────────────────────────
Month total                                      $22

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/161525 is the state's own key, not one this site invented.