S. T. 307-L S2 SE/4

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

Gas lease lease 192646District 03Field 22423375CondensateGasSaveExport
Value, all time
$36.2 M
Nov 2002 – Aug 2011
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
106
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
2001-04-09
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 04/01/2003.

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
CondensateDisposition9,606 bbl$460,994
GasProduction5,423,899 Mcf$35,721,947
Total$36,182,941

Every month this lease reported (106)

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

106 months

Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20111092.904.64$93
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20111086.504.59$87
Dec 20102117385.734.35$2,552
Nov 201001,48780.843.80$5,644
Oct 20109078.103.51$703
Sep 20109072.633.98$654
Aug 201064,85773.684.42$21,907
Jul 20102734872.554.74$3,607
Jun 20101619,83070.364.91$98,499
May 20105843,12571.124.24$186,769
Apr 20106239,81881.694.12$169,222
Mar 20107150,23178.394.39$226,013
Feb 201011248,79873.585.44$273,817
Jan 201010840,97174.365.96$252,386
Dec 20093948,15571.445.48$266,856
Nov 20097745,82974.593.75$177,671
Oct 200915638,12372.544.11$168,011
Sep 200911940,88565.543.06$133,102
Aug 20092246,22667.423.22$150,262
Jul 200911544,75361.133.46$162,077
Jun 20093015,96866.163.90$64,180
May 20093217,63254.743.93$70,971
Apr 20090046.773.59$0
Mar 20093342.144.06$139
Feb 200991032.814.63$342
Jan 2009447935.865.37$2,002
Dec 20089016,48937.105.98$101,896
Nov 20087342,01255.496.86$292,268
Oct 20086529,94575.246.92$212,169
Sep 2008021,675101.767.88$170,736
Aug 2008430,610114.228.48$260,122
Jul 20081612,380131.0811.39$143,098
Jun 2008269,058131.3313.03$121,464
May 2008203,782123.1711.57$46,237
Apr 20082235,922110.3110.45$377,986
Mar 20087137,558101.909.66$370,198
Feb 20088037,78492.538.77$338,790
Jan 20085141,10290.388.21$341,881
Dec 20079841,73488.337.30$313,397
Nov 20077841,28691.677.29$308,195
Oct 20075943,73182.856.92$307,593
Sep 20072843,42575.846.24$273,276
Aug 20072645,23469.066.39$290,748
Jul 20074636,92270.906.39$239,117
Jun 20073734,87962.007.55$265,576
May 20076741,21758.747.85$327,336
Apr 20076440,87359.617.81$322,837
Mar 20075941,31256.927.30$305,017
Feb 20078737,71755.108.22$314,677
Jan 20076142,33250.306.73$287,829
Dec 20068141,73056.656.92$293,295
Nov 20067635,60154.207.62$275,309
Oct 20065655,06654.906.01$334,230
Sep 20066954,00360.085.04$276,169
Aug 200612658,71368.717.34$439,606
Jul 20066160,28869.376.34$386,624
Jun 20066957,52366.286.38$371,793
May 20069564,12166.016.42$418,248
Apr 20066463,23264.397.36$469,539
Mar 200610867,27356.707.08$482,613
Feb 20063962,20157.597.75$484,373
Jan 20067970,23460.598.93$632,209
Dec 20057869,24554.9413.42$933,235
Nov 20057170,45954.6910.59$749,931
Oct 20055273,42258.3413.80$1,015,946
Sep 200513657,47761.4512.08$702,622
Aug 20058975,40161.519.80$744,166
Jul 200510777,01555.697.84$610,037
Jun 20058075,68952.337.38$562,850
May 200513979,02045.226.65$531,860
Apr 200511077,97549.207.36$579,345
Mar 200515881,70050.377.15$592,512
Feb 20058572,35745.226.31$460,555
Jan 200513778,04643.166.32$499,335
Dec 200414275,69539.866.75$516,683
Nov 200414980,56145.286.33$516,732
Oct 200417885,41249.706.52$565,314
Sep 200413887,53543.245.28$468,493
Aug 200413690,26342.375.55$506,782
Jul 200423768,12138.286.08$423,533
Jun 200414393,52136.106.43$606,785
May 200420597,23537.486.49$639,184
Apr 200425696,54734.475.86$574,441
Mar 2004187102,34734.365.53$572,419
Feb 200427689,41132.455.51$501,577
Jan 200426396,75432.036.30$617,939
Dec 200327295,68230.266.30$611,184
Nov 2003228103,69928.804.60$483,080
Oct 2003185105,64028.174.76$508,020
Sep 2003175109,64026.314.75$525,324
Aug 2003178116,16429.765.13$601,186
Jul 2003246110,24129.415.17$577,273
Jun 2003169114,57628.565.98$690,330
May 2003305115,74526.595.97$699,418
Apr 200313857,73626.675.41$315,875
Mar 2003298132,95431.146.10$819,773
Feb 2003277120,56633.487.93$964,866
Jan 2003208127,95330.315.58$720,543
Dec 20024681,73526.914.85$397,960
Nov 20023134,09524.664.14$141,814

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/192646 is the state's own key, not one this site invented.