STATE TRACT 98-L

Operated by SEIRAN E & P COMPANY, LLC (P-5 763817) in the BLOCK 98-L field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 73071District 03Field 09564500CondensateGasSaveExport
Value, all time
$3.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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
1977-09-02
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA ADOPTED.

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
CondensateDisposition9,639 bbl$188,162
GasProduction1,496,431 Mcf$3,600,395
Total$3,788,557

608,856 Mcf of this lease's gas, across 31 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
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 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20080340101.767.88$2,678
Aug 2008015,307114.228.48$129,850
Jul 20080259131.0811.39$2,950
Jun 200807,009131.3313.03$91,346
May 200807,703123.1711.57$89,157
Apr 200809,972110.3110.45$104,256
Mar 2008015,467101.909.66$149,474
Feb 2008010,80292.538.77$94,740
Jan 200802,70490.388.21$22,188
Dec 200706,74488.337.30$49,244
Nov 200707,21991.677.29$52,639
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200506058.3413.80$828
Sep 200501,34261.4512.08$16,210
Aug 200504,15061.519.80$40,657
Jul 20051554,05955.697.84$40,469
Jun 200503,99252.337.38$29,465
May 2005475,71645.226.65$40,143
Apr 20051104,00349.207.36$34,876
Mar 200505,06950.377.15$36,268
Feb 2005021845.226.31$1,376
Jan 200505,64343.166.32$35,676
Dec 200405,96439.866.75$40,263
Nov 200406,20245.286.33$39,261
Oct 200406,81849.706.52$44,420
Sep 200406,68943.245.28$35,344
Aug 200406,16142.375.55$34,198
Jul 200406,31238.286.08$38,403
Jun 200405,32636.106.43$34,262
May 200406,38137.486.49$41,442
Apr 200405,93034.475.86$34,741
Mar 200406,19934.365.53$34,281
Feb 200402,35532.455.51$12,975
Jan 200405,40332.036.30$34,037
Dec 200305,66130.266.30$35,674
Nov 200305,69728.804.60$26,179
Oct 200302,93228.174.76$13,955
Sep 200306,50326.314.75$30,885
Aug 200305,40929.765.13$27,747
Jul 200305,49029.415.17$28,388
Jun 200302,73528.565.98$16,363
May 200302,71826.595.97$16,234
Apr 200302,83026.675.41$15,303
Mar 200303,44931.146.10$21,025
Feb 200301,25933.487.93$9,979
Jan 200302,84330.315.58$15,870
Dec 200203,60026.914.85$17,474
Nov 200202,07124.664.14$8,568
Oct 200205,33126.464.23$22,545
Sep 200204,75627.443.64$17,289
Aug 200204,66025.963.16$14,745
Jul 200205,70224.583.06$17,458
Jun 200203,83923.733.34$12,816
May 2002032824.663.58$1,176
Apr 200205,28623.653.51$18,566
Mar 2002855,71322.003.10$19,596
Feb 200205,15018.222.38$12,235
Jan 20020017.172.38$0
Dec 200103,10316.932.36$7,337
Nov 200105,76018.072.41$13,856
Oct 200112511,52019.782.53$31,605
Sep 2001013,06424.262.25$29,411
Aug 20011511,43324.873.05$35,280
Jul 200189,83023.933.20$31,619
Jun 200126,77924.563.82$25,973
May 2001189,26425.524.31$40,362
Apr 20015710,23724.685.34$56,024
Mar 200106,50924.545.38$34,995
Feb 200104,56527.755.77$26,327
Jan 200101,87327.478.40$15,731
Dec 20009373,21926.889.12$54,552
Nov 200002,43632.215.66$13,783
Oct 2000010,06631.235.15$51,795
Sep 2000012,59231.875.19$65,308
Aug 200048412,05729.644.54$69,094
Jul 20002913,33728.534.09$55,372
Jun 20008412,91329.304.40$59,243
May 200016712,43127.263.68$50,295
Apr 20007310,99324.513.12$36,043
Mar 20006014,18128.422.86$42,259
Feb 200018911,72527.622.73$37,188
Jan 200015416,00225.272.48$43,585
Dec 199910615,47624.282.42$40,083
Nov 19999222,38723.192.43$56,623
Oct 199913926,10220.982.80$76,099
Sep 199912123,10221.752.62$63,132
Aug 199914819,95019.262.88$60,219
Jul 19998715,33517.892.37$37,937
Jun 199918530,32915.942.36$74,589
May 1999334,45815.792.32$80,025
Apr 199922118,34915.102.21$43,853
Mar 199948330,65312.471.84$62,373
Feb 199933031,2259.981.82$60,054
Jan 199911122,68910.381.90$44,260
Dec 1998015,8349.201.77$28,079
Nov 1998118,73010.892.19$40,949
Oct 199836827,96212.421.97$59,634
Sep 199860220,47712.592.08$50,225
Aug 19981027,14811.301.91$14,786
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 199504,36216.18$0
Aug 1995015,06615.92$0
Jul 1995017,12315.24$0
Jun 1995420,17216.41$66
May 199516821,71417.56$2,950
Apr 199527226,47317.73$4,823
Mar 199517014,57816.44$2,795
Feb 1995453,26516.58$746
Jan 19959115,73515.92$1,449
Dec 199413517,08315.03$2,029
Nov 199414018,99515.90$2,226
Oct 19949016,53415.58$1,402
Sep 199415118,29515.29$2,309
Aug 199410123,71616.13$1,629
Jul 19948019,93017.56$1,405
Jun 199419521,53417.09$3,333
May 199422120,03815.88$3,509
Apr 1994554,69114.14$778
Mar 19940012.46$0
Feb 19940012.50$0
Jan 199443612.66$51
Dec 199313823,74412.33$1,702
Nov 199318433,63314.49$2,666
Oct 199320831,67915.85$3,297
Sep 199320031,96515.03$3,006
Aug 199320337,88115.66$3,179
Jul 199316733,37415.46$2,582
Jun 199333031,25116.79$5,541
May 199313628,08917.68$2,404
Apr 199312023,89918.05$2,166
Mar 19938316,22918.14$1,506
Feb 1993229,06117.90$394
Jan 1993288,71116.93$474

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.

Sep 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $101.76 =         $0
Gas                  340 Mcf  × $  7.88 =     $2,678

────────────────────────────────────────────────────
Month total                                   $2,678

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/73071 is the state's own key, not one this site invented.