LUNSFORD, R.G.

Operated by SELLERS LEASE SERVICE, INC. (P-5 766125) in the MILBUR, SE. (NAVARRO -A-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19794District 03Field 61353500OilCasinghead gasSaveExport
Value, all time
$518 k
Jan 1993 – Aug 2016
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
284
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1976-07-09
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition5,702 bbl$241,658
Casinghead gasProduction74,140 Mcf$276,709
Total$518,367

20,397 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 (284)

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

284 months

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 2016185033.011.79$6,107
Feb 20160026.472.06$0
Jan 201601427.352.36$33
Dec 2015023632.362.00$472
Nov 2015026738.792.17$579
Oct 2015019943.552.43$483
Sep 20150142.992.76$3
Aug 201501940.162.87$55
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201504942.892.93$144
Feb 2015014744.662.98$438
Jan 2015012843.433.10$397
Dec 2014014154.693.59$506
Nov 2014012270.464.25$519
Oct 2014012978.303.90$503
Sep 2014014786.164.05$595
Aug 2014015989.394.04$642
Jul 2014015896.564.18$660
Jun 201416316498.164.74$16,777
May 2014019894.734.73$936
Apr 201409695.944.81$462
Mar 20140995.895.06$46
Feb 201401997.406.19$118
Jan 201405590.404.86$267
Dec 201302091.824.35$87
Nov 201308188.853.74$303
Oct 2013014597.423.78$548
Sep 20130224104.113.72$833
Aug 20130231104.253.52$814
Jul 20130145102.523.72$539
Jun 2013023894.403.93$936
May 2013015694.834.15$647
Apr 201316522593.964.28$16,467
Mar 2013025393.623.91$990
Feb 2013021991.233.42$749
Jan 2013023591.603.42$804
Dec 2012026086.773.42$889
Nov 2012027886.953.62$1,008
Oct 2012026789.383.40$908
Sep 2012021594.672.92$627
Aug 2012022792.662.91$660
Jul 2012021385.133.02$643
Jun 2012020779.822.52$521
May 2012020891.612.49$518
Apr 2012167221101.652.00$17,417
Mar 20120197105.052.22$438
Feb 20120231101.102.57$594
Jan 2012024398.092.73$664
Dec 2011020396.873.24$658
Nov 2011020495.723.31$676
Oct 2011019784.983.65$719
Sep 2011021283.623.99$845
Aug 2011020083.404.15$830
Jul 2011023194.144.52$1,043
Jun 2011025592.904.64$1,183
May 201116924898.134.40$17,676
Apr 20110218105.964.33$945
Mar 2011021196.364.06$856
Feb 2011019085.644.18$794
Jan 2011022186.504.59$1,014
Dec 2010025685.734.35$1,113
Nov 2010023780.843.80$899
Oct 2010025578.103.51$895
Sep 2010027772.633.98$1,102
Aug 2010029773.684.42$1,313
Jul 2010025872.554.74$1,222
Jun 201015630170.364.91$12,454
May 2010026171.124.24$1,105
Apr 2010022181.694.12$911
Mar 2010024378.394.39$1,066
Feb 2010020073.585.44$1,088
Jan 2010025474.365.96$1,515
Dec 2009015771.445.48$861
Nov 2009018574.593.75$694
Oct 2009025372.544.11$1,040
Sep 2009018165.543.06$555
Aug 2009021167.423.22$679
Jul 2009022861.133.46$790
Jun 200913822866.163.90$10,018
May 2009014054.743.93$550
Apr 2009016346.773.59$585
Mar 2009020742.144.06$840
Feb 2009018132.814.63$839
Jan 2009021035.865.37$1,128
Dec 2008019237.105.98$1,148
Nov 2008021555.496.86$1,475
Oct 2008021475.246.92$1,481
Sep 20080199101.767.88$1,568
Aug 20080270114.228.48$2,290
Jul 2008151217131.0811.39$22,265
Jun 20080226131.3313.03$2,945
May 20080236123.1711.57$2,732
Apr 20080230110.3110.45$2,405
Mar 20080206101.909.66$1,991
Feb 2008017892.538.77$1,561
Jan 2008028290.388.21$2,314
Dec 2007025988.337.30$1,891
Nov 2007025191.677.29$1,830
Oct 200714818882.856.92$13,563
Sep 2007020975.846.24$1,305
Aug 2007026169.066.39$1,667
Jul 2007019970.906.39$1,271
Jun 2007024562.007.55$1,849
May 2007027258.747.85$2,134
Apr 2007026059.617.81$2,029
Mar 200715234856.927.30$11,193
Feb 2007024155.108.22$1,980
Jan 2007025350.306.73$1,702
Dec 2006026256.656.92$1,813
Nov 2006030554.207.62$2,323
Oct 2006025154.906.01$1,509
Sep 20063027960.085.04$3,208
Aug 2006030168.717.34$2,209
Jul 200614624669.376.34$11,688
Jun 2006027466.286.38$1,749
May 2006027766.016.42$1,780
Apr 2006022164.397.36$1,627
Mar 2006012856.707.08$907
Feb 2006028157.597.75$2,178
Jan 2006020660.598.93$1,840
Dec 200514713954.9413.42$9,941
Nov 2005020454.6910.59$2,160
Oct 2005020258.3413.80$2,787
Sep 2005029361.4512.08$3,539
Aug 2005039561.519.80$3,870
Jul 2005037455.697.84$2,934
Jun 2005037852.337.38$2,790
May 2005041645.226.65$2,767
Apr 200516242849.207.36$11,121
Mar 2005033850.377.15$2,418
Feb 2005037645.226.31$2,373
Jan 2005048243.166.32$3,047
Dec 2004040539.866.75$2,734
Nov 2004049445.286.33$3,127
Oct 2004046249.706.52$3,010
Sep 200414947043.245.28$8,926
Aug 2004035442.375.55$1,965
Jul 2004045238.286.08$2,750
Jun 2004034736.106.43$2,232
May 2004038337.486.49$2,487
Apr 2004032834.475.86$1,922
Mar 2004027534.365.53$1,521
Feb 2004023132.455.51$1,273
Jan 200415921532.036.30$6,447
Dec 2003040030.266.30$2,521
Nov 2003025228.804.60$1,158
Oct 2003038928.174.76$1,852
Sep 2003026626.314.75$1,263
Aug 2003030729.765.13$1,575
Jul 2003031329.415.17$1,618
Jun 200316726728.565.98$6,367
May 2003028726.595.97$1,714
Apr 2003029926.675.41$1,617
Mar 2003030831.146.10$1,878
Feb 2003035533.487.93$2,814
Jan 2003050830.315.58$2,836
Dec 200216237126.914.85$6,160
Nov 2002044124.664.14$1,824
Oct 2002036026.464.23$1,522
Sep 2002033127.443.64$1,203
Aug 2002042325.963.16$1,338
Jul 2002040324.583.06$1,234
Jun 2002045923.733.34$1,532
May 2002035324.663.58$1,265
Apr 200214934723.653.51$4,743
Mar 20020022.003.10$0
Feb 2002035418.222.38$841
Jan 2002035717.172.38$848
Dec 200115649616.932.36$3,814
Nov 2001051018.072.41$1,227
Oct 2001030119.782.53$761
Sep 2001042224.262.25$950
Aug 2001037224.873.05$1,136
Jul 200116553523.933.20$5,659
Jun 2001051724.563.82$1,977
May 2001050325.524.31$2,167
Apr 2001043624.685.34$2,326
Mar 200116338224.545.38$6,054
Feb 2001051427.755.77$2,964
Jan 2001052027.478.40$4,367
Dec 200016962026.889.12$10,199
Nov 2000079232.215.66$4,481
Oct 200016296531.235.15$10,025
Sep 20003281,06731.875.19$15,987
Aug 200005629.644.54$254
Jul 200004028.534.09$164
Jun 200008629.304.40$378
May 200009227.263.68$339
Apr 2000010124.513.12$315
Mar 2000010528.422.86$300
Feb 2000010927.622.73$297
Jan 2000010725.272.48$265
Dec 1999010924.282.42$264
Nov 199909423.192.43$229
Oct 199907520.982.80$210
Sep 199906421.752.62$168
Aug 199905119.262.88$147
Jul 199907417.892.37$176
Jun 199903715.942.36$87
May 1999014815.792.32$344
Apr 1999013015.102.21$287
Mar 1999010712.471.84$197
Feb 19990889.981.82$160
Jan 199908310.381.90$158
Dec 19980809.201.77$142
Nov 199807710.892.19$168
Oct 1998010612.421.97$209
Sep 1998010612.592.08$221
Aug 199802611.301.91$50
Jul 199808411.742.24$188
Jun 1998014811.242.24$331
May 1998012612.622.21$278
Apr 1998011713.042.51$293
Mar 199807912.802.31$182
Feb 199806413.952.30$147
Jan 199803814.702.15$82
Dec 199704916.322.41$118
Nov 199706618.193.09$204
Oct 199705919.253.15$186
Sep 199709617.742.95$284
Aug 199705917.862.55$151
Jul 199709617.582.25$216
Jun 1997014917.242.26$336
May 1997015118.972.31$349
Apr 1997017217.882.08$358
Mar 1997017518.951.94$339
Feb 1997012920.492.21$285
Jan 1997012023.483.54$425
Dec 1996014923.32$0
Nov 1996015721.97$0
Oct 1996016523.31$0
Sep 1996017422.22$0
Aug 1996018320.26$0
Jul 1996024819.55$0
Jun 1996025718.73$0
May 1996026919.43$0
Apr 1996028321.51$0
Mar 1996031119.38$0
Feb 1996035216.98$0
Jan 199616241417.07$2,765
Dec 1995041717.19$0
Nov 1995040216.00$0
Oct 1995042515.43$0
Sep 1995040316.18$0
Aug 199516845415.92$2,675
Jul 1995043915.24$0
Jun 1995043916.41$0
May 1995053117.56$0
Apr 1995039617.73$0
Mar 199516748316.44$2,745
Feb 1995050516.58$0
Jan 1995056315.92$0
Dec 1994035415.03$0
Nov 199416639815.90$2,639
Oct 1994045315.58$0
Sep 1994047215.29$0
Aug 1994048916.13$0
Jul 199417547417.56$3,073
Jun 1994045217.09$0
May 1994046915.88$0
Apr 1994048214.14$0
Mar 199417350012.46$2,156
Feb 1994045112.50$0
Jan 1994051512.66$0
Dec 1993057412.33$0
Nov 199316754014.49$2,420
Oct 1993055915.85$0
Sep 1993057915.03$0
Aug 199317261915.66$2,694
Jul 199317369615.46$2,675
Jun 1993071116.79$0
May 199317174517.68$3,023
Apr 1993042218.05$0
Mar 1993079218.14$0
Feb 1993020217.90$0
Jan 199303016.93$0

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.

Mar 2016 — as filed, then multipliedworked
Oil                  185 bbl  × $ 33.01 =     $6,107
Casinghead gas         0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $6,107

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/19794 is the state's own key, not one this site invented.