STEGLICH, J. A.

Operated by RILEY EXPLORATION OPG CO, LLC (P-5 712153) 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 20039District 03Field 82265500OilCasinghead gasSaveExport
Value, all time
$557 k
Jan 1993 – Aug 2016
Value, last 12 filed months
$0
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 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.

StreamBasisVolumeValue
OilDisposition17,736 bbl$529,720
Casinghead gasProduction15,088 Mcf$27,169
Total$556,889

9,018 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 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 20140094.734.73$0
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 2013104094.834.15$9,862
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20122091.612.49$183
Apr 201213101.652.00$108
Mar 2012013105.052.22$29
Feb 201205101.102.57$13
Jan 20120398.092.73$8
Dec 20111096.873.24$97
Nov 20112195.723.31$195
Oct 20110284.983.65$7
Sep 20110883.623.99$32
Aug 20110483.404.15$17
Jul 20110794.144.52$32
Jun 20110692.904.64$28
May 20110898.134.40$35
Apr 2011010105.964.33$43
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110186.504.59$5
Dec 20100185.734.35$4
Nov 20100480.843.80$15
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100281.694.12$8
Mar 20101271378.394.39$10,013
Feb 201003173.585.44$169
Jan 2010792674.365.96$6,030
Dec 200903971.445.48$214
Nov 20091701574.593.75$12,737
Oct 20090072.544.11$0
Sep 2009107065.543.06$7,013
Aug 20091091967.423.22$7,410
Jul 200902161.133.46$73
Jun 200902366.163.90$90
May 2009823854.743.93$4,638
Apr 20091141846.773.59$5,396
Mar 2009783542.144.06$3,429
Feb 20091681932.814.63$5,600
Jan 20090535.865.37$27
Dec 20080237.105.98$12
Nov 20080155.496.86$7
Oct 200894075.246.92$7,073
Sep 200814411101.767.88$14,740
Aug 2008014114.228.48$119
Jul 200812615131.0811.39$16,687
Jun 20085422131.3313.03$7,379
May 2008014123.1711.57$162
Apr 20089618110.3110.45$10,778
Mar 2008018101.909.66$174
Feb 20081801392.538.77$16,769
Jan 200801790.388.21$140
Dec 20071211388.337.30$10,783
Nov 20071353091.677.29$12,594
Oct 200703082.856.92$208
Sep 200702175.846.24$131
Aug 200701969.066.39$121
Jul 200701770.906.39$109
Jun 200702262.007.55$166
May 200702858.747.85$220
Apr 200701759.617.81$133
Mar 200702456.927.30$175
Feb 200702355.108.22$189
Jan 200702050.306.73$135
Dec 2006532156.656.92$3,148
Nov 200603354.207.62$251
Oct 20061305554.906.01$7,468
Sep 200604760.085.04$237
Aug 2006793668.717.34$5,692
Jul 200603669.376.34$228
Jun 200603166.286.38$198
May 20061014766.016.42$6,969
Apr 20062125464.397.36$14,048
Mar 200605956.707.08$418
Feb 200605957.597.75$457
Jan 20061385560.598.93$8,853
Dec 200502554.9413.42$335
Nov 2005105854.6910.59$5,827
Oct 200501158.3413.80$152
Sep 2005874161.4512.08$5,841
Aug 2005485261.519.80$3,462
Jul 200505655.697.84$439
Jun 2005654852.337.38$3,756
May 2005515245.226.65$2,652
Apr 2005312849.207.36$1,731
Mar 200545250.377.15$2,281
Feb 200575445.226.31$3,417
Jan 200534443.166.32$1,493
Dec 200450639.866.75$2,034
Nov 2004542645.286.33$2,610
Oct 2004761749.706.52$3,888
Sep 200413143.245.28$207
Aug 2004352442.375.55$1,616
Jul 2004735738.286.08$3,141
Jun 2004655036.106.43$2,668
May 2004573537.486.49$2,364
Apr 2004626234.475.86$2,500
Mar 2004715634.365.53$2,749
Feb 200405132.455.51$281
Jan 20041155432.036.30$4,024
Dec 2003696030.266.30$2,466
Nov 200305628.804.60$257
Oct 2003695428.174.76$2,201
Sep 2003857826.314.75$2,607
Aug 2003647529.765.13$2,289
Jul 2003576929.415.17$2,033
Jun 2003726728.565.98$2,457
May 2003706326.595.97$2,238
Apr 2003825726.675.41$2,495
Mar 2003954931.146.10$3,257
Feb 2003944333.487.93$3,488
Jan 2003954530.315.58$3,131
Dec 20021384726.914.85$3,942
Nov 200203224.664.14$132
Oct 20021091126.464.23$2,931
Sep 2002128427.443.64$3,527
Aug 2002903325.963.16$2,441
Jul 200202124.583.06$64
Jun 20021382323.733.34$3,352
May 2002711624.663.58$1,808
Apr 2002701623.653.51$1,712
Mar 2002711322.003.10$1,602
Feb 2002821218.222.38$1,523
Jan 2002811017.172.38$1,415
Dec 200172816.932.36$1,238
Nov 200195818.072.41$1,736
Oct 20011051119.782.53$2,105
Sep 20011131624.262.25$2,777
Aug 200154124.873.05$1,346
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20012025.524.31$51
Apr 200193224.685.34$2,306
Mar 2001109224.545.38$2,686
Feb 200149027.755.77$1,360
Jan 200168027.478.40$1,868
Dec 20001031126.889.12$2,869
Nov 2000791932.215.66$2,652
Oct 20001143131.235.15$3,720
Sep 2000762831.875.19$2,567
Aug 2000755929.644.54$2,491
Jul 20001273928.534.09$3,783
Jun 2000592529.304.40$1,839
May 2000913027.263.68$2,591
Apr 2000854024.513.12$2,208
Mar 2000754028.422.86$2,246
Feb 20001184027.622.73$3,368
Jan 20001534025.272.48$3,966
Dec 1999384224.282.42$1,024
Nov 199904823.192.43$117
Oct 1999947320.982.80$2,177
Sep 1999707421.752.62$1,716
Aug 19991096719.262.88$2,292
Jul 19991025117.892.37$1,946
Jun 1999494115.942.36$878
May 1999134815.792.32$2,134
Apr 19991201715.102.21$1,850
Mar 19991273212.471.84$1,643
Feb 1999124469.981.82$1,321
Jan 19991205910.381.90$1,358
Dec 1998103679.201.77$1,066
Nov 1998928210.892.19$1,181
Oct 199817012912.421.97$2,365
Sep 1998114412.592.08$230
Aug 1998154411.301.91$253
Jul 199863711.742.24$153
Jun 199855411.242.24$177
May 199847012.622.21$205
Apr 1998945813.042.51$1,371
Mar 19981364512.802.31$1,845
Feb 1998584413.952.30$910
Jan 19981248614.702.15$2,008
Dec 1997908316.322.41$1,669
Nov 1997908718.193.09$1,906
Oct 19971319519.253.15$2,821
Sep 199710911517.742.95$2,273
Aug 19979812617.862.55$2,072
Jul 199711611217.582.25$2,291
Jun 199712411617.242.26$2,400
May 199712010918.972.31$2,528
Apr 19971139417.882.08$2,216
Mar 199712311018.951.94$2,544
Feb 19971138720.492.21$2,507
Jan 1997829223.483.54$2,251
Dec 199613411923.32$3,125
Nov 199613710221.97$3,010
Oct 19967211623.31$1,678
Sep 199615312122.22$3,400
Aug 199610711920.26$2,168
Jul 199612014519.55$2,346
Jun 199611414318.73$2,135
May 199618615619.43$3,614
Apr 199611915621.51$2,560
Mar 199612515819.38$2,423
Feb 199610313516.98$1,749
Jan 19969616017.07$1,639
Dec 199517317117.19$2,974
Nov 199511417016.00$1,824
Oct 199511616215.43$1,790
Sep 199517316416.18$2,799
Aug 19958318015.92$1,321
Jul 199516815915.24$2,560
Jun 19958819116.41$1,444
May 199518419917.56$3,231
Apr 199510020617.73$1,773
Mar 199516621616.44$2,729
Feb 199511918116.58$1,973
Jan 199515918115.92$2,531
Dec 199410718415.03$1,608
Nov 199418418115.90$2,926
Oct 199411515115.58$1,792
Sep 199410523715.29$1,605
Aug 199416220616.13$2,613
Jul 199411521917.56$2,019
Jun 199416422117.09$2,803
May 199412521115.88$1,985
Apr 199416418114.14$2,319
Mar 199412417612.46$1,545
Feb 199418318912.50$2,288
Jan 199413420812.66$1,696
Dec 199318027012.33$2,219
Nov 199315217414.49$2,202
Oct 1993159115.85$2,520
Sep 199319129715.03$2,871
Aug 199311828015.66$1,848
Jul 199317527615.46$2,706
Jun 199313827016.79$2,317
May 199318327217.68$3,235
Apr 199317427418.05$3,141
Mar 199318312518.14$3,320
Feb 199316930217.90$3,025
Jan 199315730316.93$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.

May 2013 — as filed, then multipliedworked
Oil                  104 bbl  × $ 94.83 =     $9,862
Casinghead gas         0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                   $9,862

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/20039 is the state's own key, not one this site invented.