BLAKELEY, DAVID

Operated by BROOKS PETROLEUM COMPANY (P-5 97323) 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 271509District 03Field 32156852CondensateGasSaveExport
Value, all time
$1.4 M
Feb 2012 – Oct 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
81
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 145 leases and 145 wells, and the rule below applies to all of them.

Discovered
1961-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: NO GREATER THAN THE YARDSTICK OF 845 BBLS/DAY FOR 640 AC WELL.

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
CondensateDisposition12,566 bbl$1,021,188
GasProduction116,937 Mcf$424,378
Total$1,445,566

Every month this lease reported (81)

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

81 months

Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016247033.011.79$8,153
Feb 201601426.472.06$29
Jan 2016013027.352.36$307
Dec 201517919732.362.00$6,187
Nov 201519114438.792.17$7,721
Oct 2015035743.552.43$866
Sep 201518511842.992.76$8,279
Aug 201518513240.162.87$7,809
Jul 201518410748.152.95$9,175
Jun 201518724156.152.88$11,195
May 201519324355.212.96$11,374
Apr 201539037949.822.71$20,456
Mar 201520247842.892.93$10,067
Feb 20153486744.662.98$15,741
Jan 201539116843.433.10$17,502
Dec 2014060754.693.59$2,180
Nov 2014392370.464.25$27,633
Oct 20141934978.303.90$15,303
Sep 201401986.164.05$77
Aug 201402589.394.04$101
Jul 201402896.564.18$117
Jun 2014017098.164.74$805
May 20141927994.734.73$18,562
Apr 201419478395.944.81$22,378
Mar 201437990995.895.06$40,939
Feb 201439246597.406.19$41,060
Jan 201419533190.404.86$19,237
Dec 201337739691.824.35$36,341
Nov 201337649988.853.74$35,273
Oct 201301,58597.423.78$5,990
Sep 201301,432104.113.72$5,324
Aug 201304,607104.253.52$16,229
Jul 201332820,099102.523.72$108,349
Jun 201319817,32994.403.93$86,853
May 20131915,30594.834.15$40,123
Apr 20131989,87193.964.28$60,878
Mar 20135903,41993.623.91$68,614
Feb 201320126,04491.233.42$107,405
Jan 20138193,55391.603.42$87,171
Dec 20121,2673,88786.773.42$123,232
Nov 201297398986.953.62$88,187
Oct 20120089.383.40$0
Sep 201272345394.672.92$69,768
Aug 20123802,17792.662.91$41,542
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121,1261,465105.052.22$121,542
Feb 201207,584101.102.57$19,493

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 2016 — as filed, then multipliedworked
Condensate           247 bbl  × $ 33.01 =     $8,153
Gas                    0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $8,153

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/271509 is the state's own key, not one this site invented.