MEUTH, L.

Name: MEUTH, L. 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 19781District 03Field 82265500OilCasinghead gasSave Export

Value, all time

$168 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	8,568 bbl	$163,517
Casinghead gas	Production	7,429 Mcf	$4,172
Total			$167,689

6,257 Mcf of this lease's gas, across 46 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	59	0	131.08	11.39	$7,734
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
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	1	91.67	7.29	$7
Oct 2007	0	1	82.85	6.92	$7
Sep 2007	0	1	75.84	6.24	$6
Aug 2007	0	1	69.06	6.39	$6
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	2	58.74	7.85	$16
Apr 2007	0	2	59.61	7.81	$16
Mar 2007	0	2	56.92	7.30	$15
Feb 2007	0	2	55.10	8.22	$16
Jan 2007	40	2	50.30	6.73	$2,025
Dec 2006	0	2	56.65	6.92	$14
Nov 2006	0	2	54.20	7.62	$15
Oct 2006	0	2	54.90	6.01	$12
Sep 2006	0	2	60.08	5.04	$10
Aug 2006	0	2	68.71	7.34	$15
Jul 2006	0	2	69.37	6.34	$13
Jun 2006	0	1	66.28	6.38	$6
May 2006	0	3	66.01	6.42	$19
Apr 2006	0	4	64.39	7.36	$29
Mar 2006	0	4	56.70	7.08	$28
Feb 2006	0	4	57.59	7.75	$31
Jan 2006	0	4	60.59	8.93	$36
Dec 2005	0	1	54.94	13.42	$13
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	2	58.34	13.80	$28
Sep 2005	0	5	61.45	12.08	$60
Aug 2005	0	6	61.51	9.80	$59
Jul 2005	0	4	55.69	7.84	$31
Jun 2005	0	4	52.33	7.38	$30
May 2005	0	3	45.22	6.65	$20
Apr 2005	0	4	49.20	7.36	$29
Mar 2005	30	4	50.37	7.15	$1,540
Feb 2005	0	4	45.22	6.31	$25
Jan 2005	0	4	43.16	6.32	$25
Dec 2004	0	3	39.86	6.75	$20
Nov 2004	0	3	45.28	6.33	$19
Oct 2004	0	3	49.70	6.52	$20
Sep 2004	0	4	43.24	5.28	$21
Aug 2004	0	6	42.37	5.55	$33
Jul 2004	0	6	38.28	6.08	$37
Jun 2004	0	6	36.10	6.43	$39
May 2004	0	7	37.48	6.49	$45
Apr 2004	0	5	34.47	5.86	$29
Mar 2004	0	6	34.36	5.53	$33
Feb 2004	0	4	32.45	5.51	$22
Jan 2004	31	4	32.03	6.30	$1,018
Dec 2003	0	5	30.26	6.30	$32
Nov 2003	0	4	28.80	4.60	$18
Oct 2003	0	4	28.17	4.76	$19
Sep 2003	47	2	26.31	4.75	$1,246
Aug 2003	36	3	29.76	5.13	$1,087
Jul 2003	0	4	29.41	5.17	$21
Jun 2003	69	4	28.56	5.98	$1,995
May 2003	0	5	26.59	5.97	$30
Apr 2003	76	2	26.67	5.41	$2,038
Mar 2003	0	5	31.14	6.10	$30
Feb 2003	0	6	33.48	7.93	$48
Jan 2003	55	7	30.31	5.58	$1,706
Dec 2002	0	8	26.91	4.85	$39
Nov 2002	96	7	24.66	4.14	$2,396
Oct 2002	0	8	26.46	4.23	$34
Sep 2002	0	7	27.44	3.64	$25
Aug 2002	0	7	25.96	3.16	$22
Jul 2002	3	7	24.58	3.06	$95
Jun 2002	51	7	23.73	3.34	$1,234
May 2002	52	9	24.66	3.58	$1,315
Apr 2002	32	9	23.65	3.51	$788
Mar 2002	31	7	22.00	3.10	$704
Feb 2002	55	7	18.22	2.38	$1,019
Jan 2002	27	10	17.17	2.38	$487
Dec 2001	0	9	16.93	2.36	$21
Nov 2001	0	8	18.07	2.41	$19
Oct 2001	28	9	19.78	2.53	$577
Sep 2001	0	9	24.26	2.25	$20
Aug 2001	66	8	24.87	3.05	$1,666
Jul 2001	0	8	23.93	3.20	$26
Jun 2001	34	5	24.56	3.82	$854
May 2001	41	6	25.52	4.31	$1,072
Apr 2001	35	6	24.68	5.34	$896
Mar 2001	18	6	24.54	5.38	$474
Feb 2001	52	6	27.75	5.77	$1,478
Jan 2001	0	4	27.47	8.40	$34
Dec 2000	28	8	26.88	9.12	$826
Nov 2000	36	12	32.21	5.66	$1,227
Oct 2000	0	12	31.23	5.15	$62
Sep 2000	26	11	31.87	5.19	$886
Aug 2000	52	13	29.64	4.54	$1,600
Jul 2000	39	13	28.53	4.09	$1,166
Jun 2000	0	12	29.30	4.40	$53
May 2000	50	15	27.26	3.68	$1,418
Apr 2000	39	13	24.51	3.12	$996
Mar 2000	14	14	28.42	2.86	$438
Feb 2000	58	13	27.62	2.73	$1,637
Jan 2000	56	13	25.27	2.48	$1,447
Dec 1999	31	15	24.28	2.42	$789
Nov 1999	67	14	23.19	2.43	$1,588
Oct 1999	59	14	20.98	2.80	$1,277
Sep 1999	41	20	21.75	2.62	$944
Aug 1999	74	20	19.26	2.88	$1,483
Jul 1999	59	21	17.89	2.37	$1,105
Jun 1999	72	16	15.94	2.36	$1,185
May 1999	63	19	15.79	2.32	$1,039
Apr 1999	52	18	15.10	2.21	$825
Mar 1999	46	7	12.47	1.84	$586
Feb 1999	51	3	9.98	1.82	$514
Jan 1999	66	1	10.38	1.90	$687
Dec 1998	57	0	9.20	1.77	$524
Nov 1998	107	1	10.89	2.19	$1,167
Oct 1998	1	1	12.42	1.97	$14
Sep 1998	40	6	12.59	2.08	$516
Aug 1998	90	12	11.30	1.91	$1,040
Jul 1998	81	21	11.74	2.24	$998
Jun 1998	96	21	11.24	2.24	$1,126
May 1998	68	25	12.62	2.21	$913
Apr 1998	7	18	13.04	2.51	$136
Mar 1998	93	22	12.80	2.31	$1,241
Feb 1998	96	20	13.95	2.30	$1,385
Jan 1998	8	16	14.70	2.15	$152
Dec 1997	8	17	16.32	2.41	$172
Nov 1997	6	18	18.19	3.09	$165
Oct 1997	40	17	19.25	3.15	$824
Sep 1997	54	25	17.74	2.95	$1,032
Aug 1997	73	29	17.86	2.55	$1,378
Jul 1997	105	23	17.58	2.25	$1,898
Jun 1997	13	21	17.24	2.26	$272
May 1997	75	26	18.97	2.31	$1,483
Apr 1997	72	31	17.88	2.08	$1,352
Mar 1997	96	38	18.95	1.94	$1,893
Feb 1997	62	34	20.49	2.21	$1,345
Jan 1997	107	41	23.48	3.54	$2,657
Dec 1996	127	41	23.32	—	$2,962
Nov 1996	53	34	21.97	—	$1,164
Oct 1996	113	43	23.31	—	$2,634
Sep 1996	8	29	22.22	—	$178
Aug 1996	55	40	20.26	—	$1,114
Jul 1996	92	54	19.55	—	$1,799
Jun 1996	119	66	18.73	—	$2,229
May 1996	100	77	19.43	—	$1,943
Apr 1996	85	68	21.51	—	$1,828
Mar 1996	82	70	19.38	—	$1,589
Feb 1996	75	69	16.98	—	$1,274
Jan 1996	100	83	17.07	—	$1,707
Dec 1995	97	109	17.19	—	$1,667
Nov 1995	138	57	16.00	—	$2,208
Oct 1995	85	0	15.43	—	$1,312
Sep 1995	83	0	16.18	—	$1,343
Aug 1995	100	123	15.92	—	$1,592
Jul 1995	83	236	15.24	—	$1,265
Jun 1995	107	211	16.41	—	$1,756
May 1995	105	166	17.56	—	$1,844
Apr 1995	93	162	17.73	—	$1,649
Mar 1995	101	166	16.44	—	$1,660
Feb 1995	84	194	16.58	—	$1,393
Jan 1995	128	232	15.92	—	$2,038
Dec 1994	131	221	15.03	—	$1,969
Nov 1994	103	194	15.90	—	$1,638
Oct 1994	169	89	15.58	—	$2,633
Sep 1994	6	131	15.29	—	$92
Aug 1994	104	197	16.13	—	$1,678
Jul 1994	100	40	17.56	—	$1,756
Jun 1994	119	125	17.09	—	$2,034
May 1994	138	119	15.88	—	$2,191
Apr 1994	120	86	14.14	—	$1,697
Mar 1994	66	97	12.46	—	$822
Feb 1994	128	61	12.50	—	$1,600
Jan 1994	89	212	12.66	—	$1,127
Dec 1993	169	222	12.33	—	$2,084
Nov 1993	104	131	14.49	—	$1,507
Oct 1993	135	48	15.85	—	$2,140
Sep 1993	126	174	15.03	—	$1,894
Aug 1993	151	247	15.66	—	$2,365
Jul 1993	0	209	15.46	—	$0
Jun 1993	130	198	16.79	—	$2,183
May 1993	264	172	17.68	—	$4,668
Apr 1993	0	191	18.05	—	$0
Mar 1993	183	135	18.14	—	$3,320
Feb 1993	91	207	17.90	—	$1,629
Jan 1993	131	421	16.93	—	$2,218

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.

Jul 2008 — as filed, then multipliedworked

Oil                   59 bbl  × $131.08 =     $7,734
Casinghead gas         0 Mcf  × $ 11.39 =         $0

────────────────────────────────────────────────────
Month total                                   $7,734

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/19781 is the state's own key, not one this site invented.