MARSHALL UNIT

Operated by ETX ENERGY, LLC (P-5 255141) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15728District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – Aug 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
344
no gaps in the span
Streams
2
oil, casinghead 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 186 leases and 416 wells, and the rule below applies to all of them.

Discovered
1964-05-02
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2010-12-14.

The Commission's schedule remark for this field reads: NOT GO TO 160 , ALLOCATION FORMULA REMAINS 100% 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
OilDisposition34,746 bbl$1,426,549
Casinghead gasProduction38 Mcf$18
Total$1,426,568

32 Mcf of this lease's gas, across 32 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 (344)

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

344 months

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 2016135036.561.99$4,936
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 20141094.734.73$95
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 2013175091.603.42$16,030
Dec 20120086.773.42$0
Nov 2012178086.953.62$15,477
Oct 2012175089.383.40$15,642
Sep 20120094.672.92$0
Aug 2012176092.662.91$16,308
Jul 2012174085.133.02$14,813
Jun 2012151079.822.52$12,053
May 2012175091.612.49$16,032
Apr 20121740101.652.00$17,687
Mar 20121700105.052.22$17,859
Feb 201200101.102.57$0
Jan 2012135098.092.73$13,242
Dec 20110096.873.24$0
Nov 2011178095.723.31$17,038
Oct 2011177084.983.65$15,041
Sep 2011172083.623.99$14,383
Aug 20110083.404.15$0
Jul 2011341094.144.52$32,102
Jun 2011175092.904.64$16,258
May 2011177098.134.40$17,369
Apr 20113430105.964.33$36,344
Mar 2011177096.364.06$17,056
Feb 2011180085.644.18$15,415
Jan 2011179086.504.59$15,484
Dec 2010181085.734.35$15,517
Nov 2010180080.843.80$14,551
Oct 2010330078.103.51$25,773
Sep 2010177072.633.98$12,856
Aug 2010170073.684.42$12,526
Jul 2010180072.554.74$13,059
Jun 2010344070.364.91$24,204
May 2010174071.124.24$12,375
Apr 2010178081.694.12$14,541
Mar 2010353078.394.39$27,672
Feb 2010180073.585.44$13,244
Jan 2010351074.365.96$26,100
Dec 2009182071.445.48$13,002
Nov 2009345074.593.75$25,734
Oct 2009353072.544.11$25,607
Sep 2009357065.543.06$23,398
Aug 2009180067.423.22$12,136
Jul 2009353061.133.46$21,579
Jun 2009177066.163.90$11,710
May 2009348054.743.93$19,050
Apr 2009176046.773.59$8,232
Mar 2009147042.144.06$6,195
Feb 2009354032.814.63$11,615
Jan 2009178035.865.37$6,383
Dec 2008356037.105.98$13,208
Nov 2008357055.496.86$19,810
Oct 2008180075.246.92$13,543
Sep 20083640101.767.88$37,041
Aug 20083590114.228.48$41,005
Jul 20083640131.0811.39$47,713
Jun 20083490131.3313.03$45,834
May 20083440123.1711.57$42,370
Apr 20081770110.3110.45$19,525
Mar 20083510101.909.66$35,767
Feb 2008286092.538.77$26,464
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
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 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020124.664.14$4
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000108027.622.73$2,983
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999182023.192.43$4,221
Oct 1999180020.982.80$3,776
Sep 1999176021.752.62$3,828
Aug 19990019.262.88$0
Jul 1999177017.892.37$3,167
Jun 1999170015.942.36$2,710
May 1999170015.792.32$2,684
Apr 1999325015.102.21$4,908
Mar 1999405012.471.84$5,050
Feb 199932209.981.82$3,214
Jan 1999343010.381.90$3,560
Dec 199865109.201.77$5,989
Nov 1998536010.892.19$5,837
Oct 1998349012.421.97$4,335
Sep 1998180012.592.08$2,266
Aug 1998358011.301.91$4,045
Jul 1998534011.742.24$6,269
Jun 1998533011.242.24$5,991
May 1998722012.622.21$9,112
Apr 1998536013.042.51$6,989
Mar 1998532012.802.31$6,810
Feb 1998179013.952.30$2,497
Jan 1998909014.702.15$13,362
Dec 1997367016.322.41$5,989
Nov 1997691018.193.09$12,569
Oct 1997707019.253.15$13,610
Sep 1997885017.742.95$15,700
Aug 1997662017.862.55$11,823
Jul 1997325017.582.25$5,714
Jun 1997338017.242.26$5,827
May 19970018.972.31$0
Apr 1997535017.882.08$9,566
Mar 1997706018.951.94$13,379
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960123.32$0
Nov 19960121.97$0
Oct 19960123.31$0
Sep 19960122.22$0
Aug 19960120.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960121.51$0
Mar 19960019.38$0
Feb 1996151116.98$2,564
Jan 1996186117.07$3,175
Dec 1995346117.19$5,948
Nov 1995507116.00$8,112
Oct 1995252115.43$3,888
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995177115.24$2,697
Jun 1995348116.41$5,711
May 1995179117.56$3,143
Apr 1995176117.73$3,120
Mar 1995120116.44$1,973
Feb 1995181116.58$3,001
Jan 1995299115.92$4,760
Dec 1994280115.03$4,208
Nov 1994345015.90$5,486
Oct 1994339015.58$5,282
Sep 19940015.29$0
Aug 199463116.13$1,016
Jul 199425017.56$439
Jun 1994141017.09$2,410
May 19940015.88$0
Apr 1994397014.14$5,614
Mar 19940012.46$0
Feb 1994275012.50$3,438
Jan 19940012.66$0
Dec 1993167112.33$2,059
Nov 1993127114.49$1,840
Oct 1993309115.85$4,898
Sep 1993154115.03$2,315
Aug 1993136115.66$2,130
Jul 1993163115.46$2,520
Jun 1993244116.79$4,097
May 1993340117.68$6,011
Apr 1993335118.05$6,047
Mar 1993306118.14$5,551
Feb 1993325117.90$5,818
Jan 1993207116.93$3,505

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.

Apr 2016 — as filed, then multipliedworked
Oil                  135 bbl  × $ 36.56 =     $4,936
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $4,936

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/15728 is the state's own key, not one this site invented.