SEVEN J STOCK FARM, INC

Name: SEVEN J STOCK FARM, INC lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PARTEN OPERATING INC. (P-5 642718) in the FORT TRINIDAD (EDWARDS A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12649District 03Field 32156400OilCasinghead gasSave

Value, all time

$412 k

Jan 1993 – Jun 2000

Value, last 12 filed months

$25 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead 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.

Stream	Basis	Volume	Value
Oil	Disposition	24,724 bbl	$406,613
Casinghead gas	Production	7,506 Mcf	$5,390
Total			$412,003

5,223 Mcf of this lease's gas, across 48 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 (90)

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

90 months


Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	43	0	24.28	2.42	$1,044
Nov 1999	369	60	23.19	2.43	$8,703
Oct 1999	184	62	20.98	2.80	$4,034
Sep 1999	179	60	21.75	2.62	$4,050
Aug 1999	180	64	19.26	2.88	$3,651
Jul 1999	183	64	17.89	2.37	$3,426
Jun 1999	184	59	15.94	2.36	$3,072
May 1999	185	58	15.79	2.32	$3,056
Apr 1999	184	60	15.10	2.21	$2,911
Mar 1999	538	62	12.47	1.84	$6,823
Feb 1999	0	60	9.98	1.82	$109
Jan 1999	376	62	10.38	1.90	$4,021
Dec 1998	187	61	9.20	1.77	$1,829
Nov 1998	184	50	10.89	2.19	$2,113
Oct 1998	353	52	12.42	1.97	$4,487
Sep 1998	189	49	12.59	2.08	$2,482
Aug 1998	176	72	11.30	1.91	$2,126
Jul 1998	339	64	11.74	2.24	$4,123
Jun 1998	182	73	11.24	2.24	$2,209
May 1998	359	80	12.62	2.21	$4,707
Apr 1998	187	50	13.04	2.51	$2,564
Mar 1998	192	56	12.80	2.31	$2,587
Feb 1998	281	49	13.95	2.30	$4,033
Jan 1998	180	61	14.70	2.15	$2,777
Dec 1997	190	49	16.32	2.41	$3,219
Nov 1997	181	59	18.19	3.09	$3,475
Oct 1997	358	84	19.25	3.15	$7,156
Sep 1997	169	77	17.74	2.95	$3,226
Aug 1997	174	81	17.86	2.55	$3,315
Jul 1997	174	83	17.58	2.25	$3,245
Jun 1997	348	74	17.24	2.26	$6,167
May 1997	183	76	18.97	2.31	$3,647
Apr 1997	360	79	17.88	2.08	$6,601
Mar 1997	363	81	18.95	1.94	$7,036
Feb 1997	169	74	20.49	2.21	$3,626
Jan 1997	174	78	23.48	3.54	$4,362
Dec 1996	345	78	23.32	—	$8,045
Nov 1996	184	72	21.97	—	$4,042
Oct 1996	340	57	23.31	—	$7,925
Sep 1996	174	112	22.22	—	$3,866
Aug 1996	508	108	20.26	—	$10,292
Jul 1996	175	124	19.55	—	$3,421
Jun 1996	165	92	18.73	—	$3,090
May 1996	378	84	19.43	—	$7,345
Apr 1996	187	64	21.51	—	$4,022
Mar 1996	356	124	19.38	—	$6,899
Feb 1996	343	112	16.98	—	$5,824
Jan 1996	168	120	17.07	—	$2,868
Dec 1995	390	112	17.19	—	$6,704
Nov 1995	360	108	16.00	—	$5,760
Oct 1995	356	124	15.43	—	$5,493
Sep 1995	192	108	16.18	—	$3,107
Aug 1995	356	124	15.92	—	$5,668
Jul 1995	347	112	15.24	—	$5,288
Jun 1995	352	96	16.41	—	$5,776
May 1995	356	88	17.56	—	$6,251
Apr 1995	350	60	17.73	—	$6,206
Mar 1995	186	116	16.44	—	$3,058
Feb 1995	535	112	16.58	—	$8,870
Jan 1995	359	120	15.92	—	$5,715
Dec 1994	533	120	15.03	—	$8,011
Nov 1994	171	120	15.90	—	$2,719
Oct 1994	374	124	15.58	—	$5,827
Sep 1994	346	120	15.29	—	$5,290
Aug 1994	529	124	16.13	—	$8,533
Jul 1994	175	80	17.56	—	$3,073
Jun 1994	359	120	17.09	—	$6,135
May 1994	354	120	15.88	—	$5,622
Apr 1994	352	92	14.14	—	$4,977
Mar 1994	358	120	12.46	—	$4,461
Feb 1994	364	104	12.50	—	$4,550
Jan 1994	364	124	12.66	—	$4,608
Dec 1993	338	124	12.33	—	$4,168
Nov 1993	474	116	14.49	—	$6,868
Oct 1993	351	104	15.85	—	$5,563
Sep 1993	367	120	15.03	—	$5,516
Aug 1993	334	124	15.66	—	$5,230
Jul 1993	522	124	15.46	—	$8,070
Jun 1993	355	116	16.79	—	$5,960
May 1993	349	124	17.68	—	$6,170
Apr 1993	544	120	18.05	—	$9,819
Mar 1993	372	124	18.14	—	$6,748
Feb 1993	358	112	17.90	—	$6,408
Jan 1993	362	120	16.93	—	$6,129

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.

Dec 1999 — as filed, then multipliedworked

Oil                   43 bbl  × $ 24.28 =     $1,044
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,044

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/O/12649 is the state's own key, not one this site invented.