HIGH ISLAND 24L SL 59455

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

Gas lease lease 250676District 03Field 41209491CondensateGasSaveExport
Value, all time
$7.2 M
May 2009 – Mar 2013
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
47
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
1992-01-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition46,765 bbl$4,036,747
GasProduction811,874 Mcf$3,134,486
Total$7,171,233

Every month this lease reported (47)

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

47 months

Mar 20131,3143,80893.623.91$137,917
Feb 20133,0148,86191.233.42$305,271
Jan 20133,4789,48091.603.42$351,006
Dec 20123,18013,17486.773.42$320,986
Nov 20122,7778,63186.953.62$272,747
Oct 20126615,27189.383.40$77,000
Sep 20121,0968,74994.672.92$129,291
Aug 20121,21310,64992.662.91$143,366
Jul 20121,12912,38785.133.02$133,530
Jun 20127227,35879.822.52$76,165
May 20121,2269,55691.612.49$136,092
Apr 20121,3258,599101.652.00$151,857
Mar 20129947,276105.052.22$120,588
Feb 20121,0839,658101.102.57$134,315
Jan 20121,60111,21398.092.73$187,699
Dec 20111,14212,65396.873.24$151,618
Nov 20111,00711,24595.723.31$133,625
Oct 201197810,23184.983.65$120,439
Sep 20111,32615,43383.623.99$172,393
Aug 20111,14516,60483.404.15$164,388
Jul 20115827,85094.144.52$90,250
Jun 20115687,22292.904.64$86,276
May 20115958,53398.134.40$95,974
Apr 201144511,092105.964.33$95,217
Mar 201147511,06396.364.06$90,657
Feb 20114898,95285.644.18$79,297
Jan 201164112,15986.504.59$111,241
Dec 201054610,32985.734.35$91,716
Nov 201057613,09480.843.80$96,260
Oct 201054912,64578.103.51$87,247
Sep 201017516,93172.633.98$80,087
Aug 201025415,36473.684.42$86,614
Jul 201058516,50772.554.74$120,627
Jun 201082018,52970.364.91$148,680
May 201080418,94771.124.24$137,425
Apr 201078618,52081.694.12$140,561
Mar 201057218,04678.394.39$124,037
Feb 201084118,02573.585.44$159,979
Jan 201081918,09774.365.96$168,833
Dec 200976614,43371.445.48$133,870
Nov 200955921,29074.593.75$121,565
Oct 200948722,54172.544.11$127,976
Sep 200950624,06465.543.06$106,913
Aug 200999334,60367.423.22$178,318
Jul 200975570,75961.133.46$291,298
Jun 200939568,31466.163.90$292,216
May 200977193,12954.743.93$407,806

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.

Mar 2013 — as filed, then multipliedworked
Condensate         1,314 bbl  × $ 93.62 =   $123,017
Gas                3,808 Mcf  × $  3.91 =    $14,900

────────────────────────────────────────────────────
Month total                                 $137,917

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/250676 is the state's own key, not one this site invented.