S. T. 9-L S/2 SW/4
Operated by SEAGULL ENERGY E&P INC. (P-5 761701) in the HIGH ISLAND BLK 9L (TOP LH-13) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.
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 | 198,331 bbl | $3,100,492 |
| Gas | Production | 1,489,449 Mcf | $3,693,736 |
| Total | $6,794,228 | ||
Every month this lease reported (33)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
33 months
| Sep 1999 | 0 | 0 | 21.75 | 2.62 | $0 |
| Aug 1999 | 0 | 0 | 19.26 | 2.88 | $0 |
| Jul 1999 | 0 | 0 | 17.89 | 2.37 | $0 |
| Jun 1999 | 0 | 0 | 15.94 | 2.36 | $0 |
| May 1999 | 0 | 0 | 15.79 | 2.32 | $0 |
| Apr 1999 | 0 | 0 | 15.10 | 2.21 | $0 |
| Mar 1999 | 0 | 0 | 12.47 | 1.84 | $0 |
| Feb 1999 | 0 | 0 | 9.98 | 1.82 | $0 |
| Jan 1999 | 0 | 29 | 10.38 | 1.90 | $55 |
| Dec 1998 | 66 | 0 | 9.20 | 1.77 | $607 |
| Nov 1998 | 1,343 | 6,004 | 10.89 | 2.19 | $27,748 |
| Oct 1998 | 5,479 | 45,749 | 12.42 | 1.97 | $158,139 |
| Sep 1998 | 3,801 | 28,163 | 12.59 | 2.08 | $106,507 |
| Aug 1998 | 6,182 | 45,286 | 11.30 | 1.91 | $156,233 |
| Jul 1998 | 7,973 | 58,789 | 11.74 | 2.24 | $225,130 |
| Jun 1998 | 8,681 | 64,021 | 11.24 | 2.24 | $240,807 |
| May 1998 | 10,205 | 68,411 | 12.62 | 2.21 | $279,725 |
| Apr 1998 | 10,065 | 62,553 | 13.04 | 2.51 | $287,964 |
| Mar 1998 | 9,407 | 75,473 | 12.80 | 2.31 | $294,710 |
| Feb 1998 | 7,469 | 77,370 | 13.95 | 2.30 | $282,076 |
| Jan 1998 | 16,165 | 111,984 | 14.70 | 2.15 | $478,928 |
| Dec 1997 | 14,340 | 118,965 | 16.32 | 2.41 | $520,865 |
| Nov 1997 | 13,159 | 116,793 | 18.19 | 3.09 | $600,049 |
| Oct 1997 | 16,068 | 137,913 | 19.25 | 3.15 | $743,710 |
| Sep 1997 | 15,102 | 118,441 | 17.74 | 2.95 | $617,888 |
| Aug 1997 | 16,955 | 128,075 | 17.86 | 2.55 | $630,015 |
| Jul 1997 | 18,142 | 125,432 | 17.58 | 2.25 | $600,775 |
| Jun 1997 | 13,076 | 79,314 | 17.24 | 2.26 | $404,458 |
| May 1997 | 4,653 | 19,203 | 18.97 | 2.31 | $132,598 |
| Apr 1997 | 0 | 0 | 17.88 | 2.08 | $0 |
| Mar 1997 | 0 | 0 | 18.95 | 1.94 | $0 |
| Feb 1997 | 0 | 0 | 20.49 | 2.21 | $0 |
| Jan 1997 | 0 | 1,481 | 23.48 | 3.54 | $5,242 |
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.
Condensate 0 bbl × $ 10.38 = $0 Gas 29 Mcf × $ 1.90 = $55 ──────────────────────────────────────────────────── Month total $55
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/162732 is the state's own key, not one this site invented.