HYDE
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.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Condensate | Disposition | 20,930 bbl | $1,943,266 |
| Gas | Production | 183,488 Mcf | $713,556 |
| Total | $2,656,822 | ||
Every month this lease reported (45)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
45 months
| Jul 2015 | 0 | 0 | 48.15 | 2.95 | $0 |
| Jun 2015 | 0 | 0 | 56.15 | 2.88 | $0 |
| May 2015 | 0 | 0 | 55.21 | 2.96 | $0 |
| Sep 2014 | 0 | 0 | 86.16 | 4.05 | $0 |
| Aug 2014 | 170 | 2,667 | 89.39 | 4.04 | $25,958 |
| Jul 2014 | 177 | 854 | 96.56 | 4.18 | $20,661 |
| Jun 2014 | 183 | 2,813 | 98.16 | 4.74 | $31,288 |
| May 2014 | 179 | 3,127 | 94.73 | 4.73 | $31,737 |
| Apr 2014 | 181 | 3,605 | 95.94 | 4.81 | $34,702 |
| Mar 2014 | 363 | 3,488 | 95.89 | 5.06 | $52,446 |
| Feb 2014 | 183 | 3,325 | 97.40 | 6.19 | $38,413 |
| Jan 2014 | 349 | 3,134 | 90.40 | 4.86 | $46,783 |
| Dec 2013 | 331 | 2,984 | 91.82 | 4.35 | $43,386 |
| Nov 2013 | 352 | 2,098 | 88.85 | 3.74 | $39,118 |
| Oct 2013 | 361 | 1,990 | 97.42 | 3.78 | $42,690 |
| Sep 2013 | 352 | 3,365 | 104.11 | 3.72 | $49,157 |
| Aug 2013 | 349 | 3,231 | 104.25 | 3.52 | $47,765 |
| Jul 2013 | 361 | 2,813 | 102.52 | 3.72 | $47,468 |
| Jun 2013 | 177 | 2,343 | 94.40 | 3.93 | $25,925 |
| May 2013 | 181 | 1,119 | 94.83 | 4.15 | $21,807 |
| Apr 2013 | 0 | 77 | 93.96 | 4.28 | $330 |
| Mar 2013 | 185 | 1,568 | 93.62 | 3.91 | $23,455 |
| Feb 2013 | 0 | 390 | 91.23 | 3.42 | $1,334 |
| Jan 2013 | 172 | 1,494 | 91.60 | 3.42 | $20,865 |
| Dec 2012 | 367 | 2,159 | 86.77 | 3.42 | $39,229 |
| Nov 2012 | 367 | 1,767 | 86.95 | 3.62 | $38,316 |
| Oct 2012 | 381 | 3,182 | 89.38 | 3.40 | $44,872 |
| Sep 2012 | 554 | 2,542 | 94.67 | 2.92 | $59,866 |
| Aug 2012 | 566 | 3,102 | 92.66 | 2.91 | $61,467 |
| Jul 2012 | 570 | 3,316 | 85.13 | 3.02 | $58,541 |
| Jun 2012 | 388 | 3,345 | 79.82 | 2.52 | $39,396 |
| May 2012 | 589 | 3,682 | 91.61 | 2.49 | $63,120 |
| Apr 2012 | 551 | 3,706 | 101.65 | 2.00 | $63,409 |
| Mar 2012 | 388 | 2,936 | 105.05 | 2.22 | $47,283 |
| Feb 2012 | 763 | 3,546 | 101.10 | 2.57 | $86,253 |
| Jan 2012 | 793 | 4,723 | 98.09 | 2.73 | $90,698 |
| Dec 2011 | 1,003 | 6,310 | 96.87 | 3.24 | $117,603 |
| Nov 2011 | 1,366 | 9,855 | 95.72 | 3.31 | $163,386 |
| Oct 2011 | 1,461 | 11,508 | 84.98 | 3.65 | $166,143 |
| Sep 2011 | 1,943 | 16,333 | 83.62 | 3.99 | $227,574 |
| Aug 2011 | 591 | 7,740 | 83.40 | 4.15 | $81,405 |
| Jul 2011 | 1,050 | 12,493 | 94.14 | 4.52 | $155,281 |
| Jun 2011 | 1,571 | 18,849 | 92.90 | 4.64 | $233,403 |
| May 2011 | 1,062 | 15,909 | 98.13 | 4.40 | $174,290 |
| Apr 2011 | 0 | 0 | 105.96 | 4.33 | $0 |
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.
Condensate 170 bbl × $ 89.39 = $15,196 Gas 2,667 Mcf × $ 4.04 = $10,762 ──────────────────────────────────────────────────── Month total $25,958
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/265003 is the state's own key, not one this site invented.