BLAIR A

Operated by SEM OPERATING COMPANY LLC (P-5 ) in the FORT TRINIDAD (GLEN ROSE, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 264913District 03Field 00000000CondensateGasSaveExport
Value, all time
$3.1 M
Jun 2011 – Jul 2015
Value, last 12 filed months
$250 k
at the published price for each month
Months reported
43
7 months not filed
Streams
2
condensate, gas

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
CondensateDisposition21,861 bbl$2,008,942
GasProduction284,733 Mcf$1,054,080
Total$3,063,022

Every month this lease reported (43)

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

43 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Sep 20140086.164.05$0
Aug 20145444,14189.394.04$65,338
Jul 20141741,69696.564.18$23,890
Jun 20141693,23898.164.74$31,927
May 20143622,98594.734.73$48,401
Apr 20141802,69295.944.81$30,215
Mar 20147083295.895.06$10,920
Feb 20141832,80197.406.19$35,168
Jan 2014086090.404.86$4,180
Dec 2013432,98891.824.35$16,959
Nov 20131912,48188.853.74$26,245
Oct 20133561,39997.423.78$39,969
Sep 2013182939104.113.72$22,439
Aug 20133692,454104.253.52$47,113
Jul 20133452,954102.523.72$46,352
Jun 20135252,86794.403.93$60,837
May 20131821,82394.834.15$24,823
Apr 20131742,13793.964.28$25,501
Mar 20133683,70093.623.91$48,930
Feb 20133493,04091.233.42$42,236
Jan 20133745,29791.603.42$52,374
Dec 20121813,04086.773.42$26,103
Nov 20123714,59686.953.62$48,919
Oct 20125625,29789.383.40$68,240
Sep 20123504,19194.672.92$45,366
Aug 20124874,99792.662.91$59,658
Jul 20125684,80385.133.02$62,863
Jun 20125687,18579.822.52$63,437
May 20123857,02891.612.49$52,758
Apr 201258210,565101.652.00$80,256
Mar 20126607,130105.052.22$85,176
Feb 20126143,472101.102.57$70,999
Jan 201280914,36298.092.73$118,622
Dec 201177816,03396.873.24$127,308
Nov 20111,15012,22695.723.31$150,562
Oct 20111,21619,05684.983.65$172,862
Sep 20111,92029,16883.623.99$276,808
Aug 20112,34228,49183.404.15$313,541
Jul 20112,81726,10494.144.52$383,110
Jun 201136125,66592.904.64$152,619

Not filed, and not zero: Oct 2014 – Apr 2015 (7 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Aug 2014 — as filed, then multipliedworked
Condensate           544 bbl  × $ 89.39 =    $48,628
Gas                4,141 Mcf  × $  4.04 =    $16,709

────────────────────────────────────────────────────
Month total                                  $65,338

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/264913 is the state's own key, not one this site invented.