S. L. 98157

Operated by DYNAMIC OFFSHORE RES. NS, LLC (P-5 237917) in the SAN LUIS PASS ("D" SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180116District 03Field 80270080CondensateGasSaveExport
Value, all time
$15.8 M
Aug 2000 – May 2010
Value, last 12 filed months
$140
at the published price for each month
Months reported
118
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
2000-06-17
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 04/01/2001.

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
CondensateDisposition12,782 bbl$613,321
GasProduction2,337,429 Mcf$15,216,638
Total$15,829,959

Every month this lease reported (118)

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

118 months

May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20092266.163.90$140
May 20090054.743.93$0
Apr 20097846.773.59$356
Mar 20090042.144.06$0
Feb 2009212332.814.63$796
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200815883131.3313.03$13,478
May 20085022,527123.1711.57$266,893
Apr 20081925,028110.3110.45$263,760
Mar 20081724,189101.909.66$235,496
Feb 200810723,60192.538.77$216,895
Jan 2008521,18390.388.21$174,274
Dec 200734324,38588.337.30$208,356
Nov 20079629,69891.677.29$225,349
Oct 200717631,09882.856.92$229,841
Sep 200739729,93675.846.24$217,034
Aug 20071031,88469.066.39$204,364
Jul 200716332,08270.906.39$216,495
Jun 200728830,28962.007.55$246,491
May 200714129,61358.747.85$240,634
Apr 200720628,69259.617.81$236,226
Mar 200727035,15456.927.30$272,062
Feb 200721630,87455.108.22$265,562
Jan 200734915,54050.306.73$122,090
Dec 20065021,78556.656.92$153,551
Nov 20066025,98554.207.62$201,192
Oct 20066115,57854.906.01$97,032
Sep 20069921,03760.085.04$111,916
Aug 200618925,82568.717.34$202,540
Jul 200610432,35669.376.34$212,441
Jun 200647030,52766.286.38$226,032
May 200635233,05666.016.42$235,620
Apr 200649728,26464.397.36$240,038
Mar 200610432,67656.707.08$237,338
Feb 20068128,19357.597.75$223,192
Jan 200622031,15160.598.93$291,612
Dec 200520632,02854.9413.42$440,986
Nov 20054927,92954.6910.59$298,403
Oct 20057027,94358.3413.80$389,579
Sep 200531331,15161.4512.08$395,507
Aug 200517539,92461.519.80$401,893
Jul 200521732,30755.697.84$265,489
Jun 200522537,54152.337.38$288,866
May 200510533,74845.226.65$229,211
Apr 20057417,25449.207.36$130,639
Mar 20053617,04350.377.15$123,754
Feb 20056224,72045.226.31$158,834
Jan 2005497,37643.166.32$48,747
Dec 2004227,21539.866.75$49,586
Nov 20048110,59445.286.33$70,732
Oct 20049620,66349.706.52$139,393
Sep 200411012,80443.245.28$72,411
Aug 200413623,61642.375.55$136,847
Jul 200410916,66138.286.08$105,541
Jun 200417823,58136.106.43$158,123
May 200412623,95937.486.49$160,326
Apr 200412724,13434.475.86$145,766
Mar 200412525,91834.365.53$147,625
Feb 20045310,49932.455.51$59,565
Jan 20043113,76032.036.30$87,676
Dec 20038729,83730.266.30$190,655
Nov 200316430,73428.804.60$145,951
Oct 200323932,73428.174.76$162,535
Sep 200321127,48026.314.75$136,064
Aug 200314331,77829.765.13$167,268
Jul 200322329,68229.415.17$160,039
Jun 200318029,11828.565.98$179,353
May 200316338,59426.595.97$234,844
Apr 200318126,78126.675.41$149,640
Mar 200320629,88531.146.10$188,595
Feb 200317222,85933.487.93$186,936
Jan 200316823,21030.315.58$134,651
Dec 200217812,51226.914.85$65,520
Nov 200217127,92824.664.14$119,754
Oct 200228630,72926.464.23$137,524
Sep 200231029,24727.443.64$114,825
Aug 20023029,48325.963.16$94,068
Jul 200221332,83624.583.06$105,771
Jun 200228530,35523.733.34$108,095
May 200222130,82624.663.58$115,930
Apr 200221624,16723.653.51$89,991
Mar 20026331,12922.003.10$97,971
Feb 2002396,13818.222.38$15,293
Jan 2002102,67417.172.38$6,524
Dec 2001912,94116.932.36$30,750
Nov 2001354,54518.072.41$11,566
Oct 2001262,44119.782.53$6,687
Sep 200111811,81224.262.25$29,455
Aug 20018918,67524.873.05$59,231
Jul 2001023,93723.933.20$76,529
Jun 2001022,21824.563.82$84,965
May 2001018,40725.524.31$79,285
Apr 2001023,72724.685.34$126,591
Mar 2001026,44424.545.38$142,175
Feb 2001043,62927.755.77$251,612
Jan 2001746,87227.478.40$393,859
Dec 2000018,17426.889.12$165,792
Nov 20005116,94632.215.66$97,523
Oct 200022544,86131.235.15$237,859
Sep 20005722,13331.875.19$116,609
Aug 2000463,46129.644.54$17,079

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 2009 — as filed, then multipliedworked
Condensate             2 bbl  × $ 66.16 =       $132
Gas                    2 Mcf  × $  3.90 =         $8

────────────────────────────────────────────────────
Month total                                     $140

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/180116 is the state's own key, not one this site invented.