CARPENTER

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

Operated by TEXAS VANGUARD OIL COMPANY (P-5 848310) 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 20269District 03Field 82265500OilCasinghead gasSave Export

Value, all time

$182 k

Jan 1993 – Aug 2008

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

188

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	1,507 bbl	$38,674
Casinghead gas	Production	55,287 Mcf	$143,494
Total			$182,168

22,316 Mcf of this lease's gas, across 47 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 (188)

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

188 months


Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	48	0	131.33	13.03	$6,304
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	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	167	55.10	8.22	$1,372
Jan 2007	0	188	50.30	6.73	$1,265
Dec 2006	0	186	56.65	6.92	$1,287
Nov 2006	0	185	54.20	7.62	$1,409
Oct 2006	0	199	54.90	6.01	$1,197
Sep 2006	0	191	60.08	5.04	$962
Aug 2006	0	211	68.71	7.34	$1,549
Jul 2006	43	188	69.37	6.34	$4,175
Jun 2006	0	185	66.28	6.38	$1,181
May 2006	0	188	66.01	6.42	$1,208
Apr 2006	0	200	64.39	7.36	$1,472
Mar 2006	0	214	56.70	7.08	$1,516
Feb 2006	0	198	57.59	7.75	$1,535
Jan 2006	0	215	60.59	8.93	$1,921
Dec 2005	0	191	54.94	13.42	$2,562
Nov 2005	0	185	54.69	10.59	$1,959
Oct 2005	0	203	58.34	13.80	$2,801
Sep 2005	0	142	61.45	12.08	$1,715
Aug 2005	50	177	61.51	9.80	$4,810
Jul 2005	0	198	55.69	7.84	$1,553
Jun 2005	0	210	52.33	7.38	$1,550
May 2005	0	226	45.22	6.65	$1,503
Apr 2005	0	214	49.20	7.36	$1,575
Mar 2005	0	220	50.37	7.15	$1,574
Feb 2005	0	206	45.22	6.31	$1,300
Jan 2005	0	230	43.16	6.32	$1,454
Dec 2004	0	217	39.86	6.75	$1,465
Nov 2004	0	218	45.28	6.33	$1,380
Oct 2004	0	239	49.70	6.52	$1,557
Sep 2004	0	185	43.24	5.28	$978
Aug 2004	0	235	42.37	5.55	$1,304
Jul 2004	65	227	38.28	6.08	$3,869
Jun 2004	0	210	36.10	6.43	$1,351
May 2004	0	234	37.48	6.49	$1,520
Apr 2004	0	232	34.47	5.86	$1,359
Mar 2004	0	238	34.36	5.53	$1,316
Feb 2004	0	221	32.45	5.51	$1,218
Jan 2004	0	241	32.03	6.30	$1,518
Dec 2003	0	240	30.26	6.30	$1,512
Nov 2003	0	240	28.80	4.60	$1,103
Oct 2003	0	252	28.17	4.76	$1,199
Sep 2003	0	245	26.31	4.75	$1,164
Aug 2003	36	258	29.76	5.13	$2,395
Jul 2003	0	258	29.41	5.17	$1,334
Jun 2003	0	251	28.56	5.98	$1,502
May 2003	0	259	26.59	5.97	$1,547
Apr 2003	0	254	26.67	5.41	$1,373
Mar 2003	0	169	31.14	6.10	$1,030
Feb 2003	0	213	33.48	7.93	$1,688
Jan 2003	0	254	30.31	5.58	$1,418
Dec 2002	0	250	26.91	4.85	$1,213
Nov 2002	0	243	24.66	4.14	$1,005
Oct 2002	0	254	26.46	4.23	$1,074
Sep 2002	0	251	27.44	3.64	$912
Aug 2002	0	269	25.96	3.16	$851
Jul 2002	0	268	24.58	3.06	$821
Jun 2002	0	258	23.73	3.34	$861
May 2002	0	267	24.66	3.58	$957
Apr 2002	77	261	23.65	3.51	$2,738
Mar 2002	0	291	22.00	3.10	$903
Feb 2002	0	254	18.22	2.38	$603
Jan 2002	0	249	17.17	2.38	$592
Dec 2001	0	222	16.93	2.36	$525
Nov 2001	0	250	18.07	2.41	$601
Oct 2001	0	321	19.78	2.53	$812
Sep 2001	0	313	24.26	2.25	$705
Aug 2001	0	333	24.87	3.05	$1,017
Jul 2001	0	287	23.93	3.20	$918
Jun 2001	0	305	24.56	3.82	$1,166
May 2001	0	297	25.52	4.31	$1,279
Apr 2001	0	329	24.68	5.34	$1,755
Mar 2001	0	340	24.54	5.38	$1,828
Feb 2001	0	303	27.75	5.77	$1,747
Jan 2001	0	328	27.47	8.40	$2,755
Dec 2000	0	326	26.88	9.12	$2,974
Nov 2000	0	333	32.21	5.66	$1,884
Oct 2000	0	327	31.23	5.15	$1,683
Sep 2000	0	335	31.87	5.19	$1,737
Aug 2000	0	369	29.64	4.54	$1,676
Jul 2000	80	383	28.53	4.09	$3,849
Jun 2000	0	376	29.30	4.40	$1,653
May 2000	0	353	27.26	3.68	$1,299
Apr 2000	0	202	24.51	3.12	$629
Mar 2000	0	339	28.42	2.86	$969
Feb 2000	0	285	27.62	2.73	$777
Jan 2000	0	349	25.27	2.48	$866
Dec 1999	0	349	24.28	2.42	$846
Nov 1999	0	317	23.19	2.43	$772
Oct 1999	1	328	20.98	2.80	$941
Sep 1999	1	321	21.75	2.62	$862
Aug 1999	0	333	19.26	2.88	$958
Jul 1999	0	330	17.89	2.37	$783
Jun 1999	0	333	15.94	2.36	$787
May 1999	1	333	15.79	2.32	$789
Apr 1999	67	323	15.10	2.21	$1,725
Mar 1999	0	329	12.47	1.84	$605
Feb 1999	0	287	9.98	1.82	$522
Jan 1999	0	336	10.38	1.90	$638
Dec 1998	1	344	9.20	1.77	$619
Nov 1998	1	361	10.89	2.19	$800
Oct 1998	3	349	12.42	1.97	$725
Sep 1998	11	357	12.59	2.08	$882
Aug 1998	15	367	11.30	1.91	$870
Jul 1998	6	348	11.74	2.24	$849
Jun 1998	5	278	11.24	2.24	$678
May 1998	89	285	12.62	2.21	$1,752
Apr 1998	7	277	13.04	2.51	$785
Mar 1998	19	329	12.80	2.31	$1,003
Feb 1998	9	304	13.95	2.30	$824
Jan 1998	8	278	14.70	2.15	$717
Dec 1997	8	294	16.32	2.41	$839
Nov 1997	6	306	18.19	3.09	$1,054
Oct 1997	14	296	19.25	3.15	$1,202
Sep 1997	8	299	17.74	2.95	$1,025
Aug 1997	9	352	17.86	2.55	$1,060
Jul 1997	13	319	17.58	2.25	$945
Jun 1997	13	285	17.24	2.26	$867
May 1997	10	307	18.97	2.31	$898
Apr 1997	13	304	17.88	2.08	$866
Mar 1997	10	326	18.95	1.94	$822
Feb 1997	8	323	20.49	2.21	$876
Jan 1997	90	337	23.48	3.54	$3,306
Dec 1996	12	369	23.32	—	$280
Nov 1996	7	327	21.97	—	$154
Oct 1996	8	379	23.31	—	$186
Sep 1996	8	394	22.22	—	$178
Aug 1996	12	394	20.26	—	$243
Jul 1996	18	398	19.55	—	$352
Jun 1996	18	336	18.73	—	$337
May 1996	22	475	19.43	—	$427
Apr 1996	10	501	21.51	—	$215
Mar 1996	7	436	19.38	—	$136
Feb 1996	11	410	16.98	—	$187
Jan 1996	15	519	17.07	—	$256
Dec 1995	75	544	17.19	—	$1,289
Nov 1995	18	486	16.00	—	$288
Oct 1995	5	492	15.43	—	$77
Sep 1995	7	551	16.18	—	$113
Aug 1995	9	505	15.92	—	$143
Jul 1995	7	565	15.24	—	$107
Jun 1995	9	522	16.41	—	$148
May 1995	0	0	17.56	—	$0
Apr 1995	78	426	17.73	—	$1,383
Mar 1995	13	408	16.44	—	$214
Feb 1995	4	304	16.58	—	$66
Jan 1995	4	440	15.92	—	$64
Dec 1994	6	454	15.03	—	$90
Nov 1994	12	440	15.90	—	$191
Oct 1994	6	296	15.58	—	$93
Sep 1994	49	353	15.29	—	$749
Aug 1994	5	404	16.13	—	$81
Jul 1994	5	385	17.56	—	$88
Jun 1994	3	459	17.09	—	$51
May 1994	6	384	15.88	—	$95
Apr 1994	6	406	14.14	—	$85
Mar 1994	5	398	12.46	—	$62
Feb 1994	59	431	12.50	—	$738
Jan 1994	5	475	12.66	—	$63
Dec 1993	5	434	12.33	—	$62
Nov 1993	3	509	14.49	—	$43
Oct 1993	3	1	15.85	—	$48
Sep 1993	4	529	15.03	—	$60
Aug 1993	3	479	15.66	—	$47
Jul 1993	0	591	15.46	—	$0
Jun 1993	42	568	16.79	—	$705
May 1993	3	702	17.68	—	$53
Apr 1993	0	812	18.05	—	$0
Mar 1993	0	934	18.14	—	$0
Feb 1993	55	702	17.90	—	$985
Jan 1993	0	989	16.93	—	$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.

Jun 2008 — as filed, then multipliedworked

Oil                   48 bbl  × $131.33 =     $6,304
Casinghead gas         0 Mcf  × $ 13.03 =         $0

────────────────────────────────────────────────────
Month total                                   $6,304

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/20269 is the state's own key, not one this site invented.