HIGH ISLAND 24L SL59456

Operated by JEFFERSON BLOCK 24 OIL & GAS LLC (P-5 430717) in the HIGH IS. BLK. 24L (FB-E, JG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180132District 03Field 41209720CondensateGasSaveExport
Value, all time
$4.6 M
May 2000 – Aug 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
100
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
1971-05-25
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: FIELD ADMINISTRATIVELY BALANCED EFF 12-1-00 PER OPERATOR REQUEST

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
CondensateDisposition5,894 bbl$110,899
GasProduction837,730 Mcf$4,443,858
Total$4,554,757

Every month this lease reported (100)

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

100 months

Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
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 200306,94726.675.41$37,564
Mar 200307,53931.146.10$45,958
Feb 200309,06833.487.93$71,872
Jan 200306,94830.315.58$38,784
Dec 200206,42326.914.85$31,176
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 200245,13027.443.64$18,758
Aug 2002212,49825.963.16$8,449
Jul 2002214,28124.583.06$13,624
Jun 20021710,68723.733.34$36,079
May 200218,31324.663.58$29,818
Apr 20021283723.653.51$3,224
Mar 20024022.003.10$88
Feb 2002601,48418.222.38$4,619
Jan 20022393,71317.172.38$12,925
Dec 20014,2913,22916.932.36$80,281
Nov 200122312,71718.072.41$34,621
Oct 20016519,14419.782.53$49,699
Sep 20011768,45724.262.25$23,309
Aug 20015910,98124.873.05$34,994
Jul 20015219,35223.933.20$63,114
Jun 2001225,04324.563.82$95,818
May 200105,27525.524.31$22,721
Apr 20011133,75724.685.34$180,376
Mar 20017852,03424.545.38$281,672
Feb 20012267,01727.755.77$387,103
Jan 20014265,36927.478.40$550,172
Dec 20008360,64226.889.12$555,438
Nov 20007767,49732.215.66$384,378
Oct 20009074,37831.235.15$385,523
Sep 20005046,11431.875.19$240,764
Aug 200010643,24029.644.54$199,484
Jul 20005055,29828.534.09$227,582
Jun 20003478,88629.304.40$347,878
May 2000415,43227.263.68$56,895

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.

Apr 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.67 =         $0
Gas                6,947 Mcf  × $  5.41 =    $37,564

────────────────────────────────────────────────────
Month total                                  $37,564

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/180132 is the state's own key, not one this site invented.