WHITLEY

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

Operated by SEAY OIL & GAS, LTD. (P-5 762849) in the SERBIN (TAYLOR SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19410District 03Field 82265500OilCasinghead gasSave Export

Value, all time

$228 k

Jan 1993 – Aug 2010

Value, last 12 filed months

at the published price for each month

Months reported

212

no gaps in the span

Streams

oil, casinghead gas

The SERBIN (TAYLOR SAND) field

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 444 leases and 641 wells, and the rule below applies to all of them.

Discovered

1985-11-19

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: “1500 FT DIAGONAL.”

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	9,842 bbl	$198,234
Casinghead gas	Production	11,457 Mcf	$29,578
Total			$227,812

2,980 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 (212)

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

212 months


Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	76	0	110.31	10.45	$8,384
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	1	50.30	6.73	$7
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	15	64.39	7.36	$110
Mar 2006	0	8	56.70	7.08	$57
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	1	61.51	9.80	$10
Jul 2005	0	1	55.69	7.84	$8
Jun 2005	0	1	52.33	7.38	$7
May 2005	0	1	45.22	6.65	$7
Apr 2005	0	1	49.20	7.36	$7
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	1	42.37	5.55	$6
Jul 2004	78	44	38.28	6.08	$3,254
Jun 2004	0	101	36.10	6.43	$650
May 2004	63	105	37.48	6.49	$3,043
Apr 2004	78	92	34.47	5.86	$3,228
Mar 2004	0	89	34.36	5.53	$492
Feb 2004	56	89	32.45	5.51	$2,308
Jan 2004	73	88	32.03	6.30	$2,893
Dec 2003	1	82	30.26	6.30	$547
Nov 2003	40	95	28.80	4.60	$1,589
Oct 2003	35	101	28.17	4.76	$1,467
Sep 2003	96	101	26.31	4.75	$3,005
Aug 2003	0	99	29.76	5.13	$508
Jul 2003	52	100	29.41	5.17	$2,046
Jun 2003	33	100	28.56	5.98	$1,541
May 2003	62	101	26.59	5.97	$2,252
Apr 2003	71	98	26.67	5.41	$2,423
Mar 2003	0	100	31.14	6.10	$610
Feb 2003	70	83	33.48	7.93	$3,001
Jan 2003	53	100	30.31	5.58	$2,165
Dec 2002	68	95	26.91	4.85	$2,291
Nov 2002	0	96	24.66	4.14	$397
Oct 2002	77	101	26.46	4.23	$2,465
Sep 2002	59	97	27.44	3.64	$1,972
Aug 2002	69	104	25.96	3.16	$2,120
Jul 2002	0	101	24.58	3.06	$309
Jun 2002	51	87	23.73	3.34	$1,501
May 2002	62	103	24.66	3.58	$1,898
Apr 2002	74	90	23.65	3.51	$2,066
Mar 2002	0	101	22.00	3.10	$313
Feb 2002	59	92	18.22	2.38	$1,294
Jan 2002	85	106	17.17	2.38	$1,711
Dec 2001	52	106	16.93	2.36	$1,131
Nov 2001	82	97	18.07	2.41	$1,715
Oct 2001	82	108	19.78	2.53	$1,895
Sep 2001	81	127	24.26	2.25	$2,251
Aug 2001	67	128	24.87	3.05	$2,057
Jul 2001	39	130	23.93	3.20	$1,349
Jun 2001	87	82	24.56	3.82	$2,450
May 2001	91	85	25.52	4.31	$2,688
Apr 2001	174	133	24.68	5.34	$5,004
Mar 2001	0	37	24.54	5.38	$199
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	3	0	32.21	5.66	$97
Oct 2000	0	26	31.23	5.15	$134
Sep 2000	54	78	31.87	5.19	$2,126
Aug 2000	45	104	29.64	4.54	$1,806
Jul 2000	56	89	28.53	4.09	$1,962
Jun 2000	58	93	29.30	4.40	$2,108
May 2000	50	103	27.26	3.68	$1,742
Apr 2000	57	99	24.51	3.12	$1,706
Mar 2000	60	104	28.42	2.86	$2,003
Feb 2000	67	93	27.62	2.73	$2,104
Jan 2000	61	106	25.27	2.48	$1,804
Dec 1999	49	105	24.28	2.42	$1,444
Nov 1999	70	104	23.19	2.43	$1,876
Oct 1999	63	110	20.98	2.80	$1,630
Sep 1999	53	106	21.75	2.62	$1,430
Aug 1999	52	111	19.26	2.88	$1,321
Jul 1999	71	105	17.89	2.37	$1,519
Jun 1999	96	69	15.94	2.36	$1,693
May 1999	72	87	15.79	2.32	$1,339
Apr 1999	36	94	15.10	2.21	$751
Mar 1999	90	90	12.47	1.84	$1,288
Feb 1999	0	36	9.98	1.82	$65
Jan 1999	50	101	10.38	1.90	$711
Dec 1998	89	99	9.20	1.77	$994
Nov 1998	57	105	10.89	2.19	$850
Oct 1998	62	112	12.42	1.97	$991
Sep 1998	74	107	12.59	2.08	$1,155
Aug 1998	72	110	11.30	1.91	$1,023
Jul 1998	85	112	11.74	2.24	$1,248
Jun 1998	43	105	11.24	2.24	$718
May 1998	72	115	12.62	2.21	$1,162
Apr 1998	90	109	13.04	2.51	$1,447
Mar 1998	67	101	12.80	2.31	$1,091
Feb 1998	77	91	13.95	2.30	$1,283
Jan 1998	95	114	14.70	2.15	$1,642
Dec 1997	51	107	16.32	2.41	$1,090
Nov 1997	69	89	18.19	3.09	$1,530
Oct 1997	113	85	19.25	3.15	$2,443
Sep 1997	62	89	17.74	2.95	$1,363
Aug 1997	77	106	17.86	2.55	$1,646
Jul 1997	80	102	17.58	2.25	$1,636
Jun 1997	86	89	17.24	2.26	$1,684
May 1997	71	119	18.97	2.31	$1,622
Apr 1997	88	97	17.88	2.08	$1,775
Mar 1997	92	111	18.95	1.94	$1,959
Feb 1997	64	75	20.49	2.21	$1,477
Jan 1997	80	111	23.48	3.54	$2,271
Dec 1996	98	111	23.32	—	$2,285
Nov 1996	111	96	21.97	—	$2,439
Oct 1996	74	120	23.31	—	$1,725
Sep 1996	79	118	22.22	—	$1,755
Aug 1996	63	114	20.26	—	$1,276
Jul 1996	101	120	19.55	—	$1,975
Jun 1996	114	146	18.73	—	$2,135
May 1996	115	152	19.43	—	$2,234
Apr 1996	46	145	21.51	—	$989
Mar 1996	98	142	19.38	—	$1,899
Feb 1996	104	128	16.98	—	$1,766
Jan 1996	76	136	17.07	—	$1,297
Dec 1995	90	134	17.19	—	$1,547
Nov 1995	76	137	16.00	—	$1,216
Oct 1995	95	125	15.43	—	$1,466
Sep 1995	86	129	16.18	—	$1,391
Aug 1995	63	130	15.92	—	$1,003
Jul 1995	105	119	15.24	—	$1,600
Jun 1995	94	163	16.41	—	$1,543
May 1995	66	116	17.56	—	$1,159
Apr 1995	105	63	17.73	—	$1,862
Mar 1995	98	43	16.44	—	$1,611
Feb 1995	103	10	16.58	—	$1,708
Jan 1995	86	6	15.92	—	$1,369
Dec 1994	70	11	15.03	—	$1,052
Nov 1994	147	17	15.90	—	$2,337
Oct 1994	78	7	15.58	—	$1,215
Sep 1994	93	1	15.29	—	$1,422
Aug 1994	106	2	16.13	—	$1,710
Jul 1994	71	1	17.56	—	$1,247
Jun 1994	106	9	17.09	—	$1,812
May 1994	119	8	15.88	—	$1,890
Apr 1994	83	1	14.14	—	$1,174
Mar 1994	83	1	12.46	—	$1,034
Feb 1994	121	4	12.50	—	$1,513
Jan 1994	76	1	12.66	—	$962
Dec 1993	107	1	12.33	—	$1,319
Nov 1993	82	7	14.49	—	$1,188
Oct 1993	158	12	15.85	—	$2,504
Sep 1993	82	48	15.03	—	$1,232
Aug 1993	181	22	15.66	—	$2,834
Jul 1993	0	27	15.46	—	$0
Jun 1993	51	17	16.79	—	$856
May 1993	206	11	17.68	—	$3,642
Apr 1993	0	5	18.05	—	$0
Mar 1993	118	6	18.14	—	$2,141
Feb 1993	76	17	17.90	—	$1,360
Jan 1993	157	41	16.93	—	$2,658

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 2008 — as filed, then multipliedworked

Oil                   76 bbl  × $110.31 =     $8,384
Casinghead gas         0 Mcf  × $ 10.45 =         $0

────────────────────────────────────────────────────
Month total                                   $8,384

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/19410 is the state's own key, not one this site invented.