STUESSY

Operated by FOOTHILL ENERGY, LLC (P-5 275368) 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 20758District 03Field 82265500OilCasinghead gasSaveExport
Value, all time
$343 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
183
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
OilDisposition4,984 bbl$102,434
Casinghead gasProduction84,280 Mcf$240,852
Total$343,286

23,757 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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200725082.856.92$2,071
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007017150.306.73$1,150
Dec 2006018656.656.92$1,287
Nov 2006018054.207.62$1,371
Oct 2006018954.906.01$1,137
Sep 2006016660.085.04$836
Aug 2006012868.717.34$940
Jul 200608669.376.34$545
Jun 200602066.286.38$128
May 2006024866.016.42$1,593
Apr 2006024864.397.36$1,825
Mar 2006023056.707.08$1,629
Feb 2006024057.597.75$1,860
Jan 2006026660.598.93$2,376
Dec 20053514354.9413.42$3,841
Nov 2005029154.6910.59$3,081
Oct 2005031158.3413.80$4,290
Sep 2005021761.4512.08$2,621
Aug 2005022361.519.80$2,185
Jul 20053024955.697.84$3,624
Jun 2005030052.337.38$2,214
May 20056938645.226.65$5,688
Apr 2005039349.207.36$2,893
Mar 2005018450.377.15$1,317
Feb 2005034245.226.31$2,159
Jan 20050043.166.32$0
Dec 20048141139.866.75$6,003
Nov 2004033645.286.33$2,127
Oct 20040049.706.52$0
Sep 2004039343.245.28$2,077
Aug 2004042342.375.55$2,348
Jul 2004040438.286.08$2,458
Jun 20049535636.106.43$5,720
May 2004035637.486.49$2,312
Apr 2004046534.475.86$2,724
Mar 2004039134.365.53$2,162
Feb 2004037532.455.51$2,066
Jan 2004039232.036.30$2,469
Dec 20035441130.266.30$4,224
Nov 2003043428.804.60$1,994
Oct 2003043428.174.76$2,066
Sep 200310642426.314.75$4,803
Aug 200310344229.765.13$5,333
Jul 2003043229.415.17$2,234
Jun 2003047228.565.98$2,824
May 2003047526.595.97$2,837
Apr 2003047826.675.41$2,585
Mar 200311549331.146.10$6,586
Feb 2003043633.487.93$3,456
Jan 2003047130.315.58$2,629
Dec 2002045526.914.85$2,208
Nov 2002041424.664.14$1,713
Oct 2002047626.464.23$2,013
Sep 20029124027.443.64$3,369
Aug 2002051425.963.16$1,626
Jul 2002052724.583.06$1,614
Jun 2002050623.733.34$1,689
May 2002052724.663.58$1,889
Apr 200210749623.653.51$4,273
Mar 2002051022.003.10$1,582
Feb 2002046018.222.38$1,093
Jan 2002051617.172.38$1,226
Dec 2001052716.932.36$1,246
Nov 20016950518.072.41$2,462
Oct 2001041419.782.53$1,047
Sep 2001050124.262.25$1,128
Aug 20016148224.873.05$2,989
Jul 2001060623.933.20$1,937
Jun 2001061124.563.82$2,337
May 20016162325.524.31$4,240
Apr 2001069224.685.34$3,692
Mar 200115473224.545.38$7,715
Feb 2001052227.755.77$3,010
Jan 2001051927.478.40$4,359
Dec 2000060826.889.12$5,546
Nov 2000060032.215.66$3,395
Oct 2000064631.235.15$3,324
Sep 2000062731.875.19$3,252
Aug 20006779929.644.54$5,614
Jul 2000070328.534.09$2,875
Jun 2000060029.304.40$2,638
May 20008164027.263.68$4,563
Apr 2000066624.513.12$2,075
Mar 2000069428.422.86$1,985
Feb 200010963827.622.73$4,750
Jan 2000062125.272.48$1,540
Dec 1999049924.282.42$1,209
Nov 1999038223.192.43$930
Oct 19998441720.982.80$2,931
Sep 1999033021.752.62$864
Aug 1999044219.262.88$1,271
Jul 1999026917.892.37$638
Jun 19996956215.942.36$2,427
May 1999074515.792.32$1,729
Apr 1999070515.102.21$1,557
Mar 199914674512.471.84$3,190
Feb 199906949.981.82$1,262
Jan 1999077310.381.90$1,469
Dec 199807989.201.77$1,415
Nov 199818675310.892.19$3,671
Oct 1998064612.421.97$1,272
Sep 1998074512.592.08$1,552
Aug 1998085111.301.91$1,623
Jul 1998080911.742.24$1,810
Jun 1998086211.242.24$1,929
May 1998090512.622.21$1,997
Apr 199818663613.042.51$4,019
Mar 1998092412.802.31$2,134
Feb 1998072513.952.30$1,667
Jan 1998078814.702.15$1,698
Dec 1997087516.322.41$2,110
Nov 19971771,00018.193.09$6,308
Oct 1997099119.253.15$3,121
Sep 1997094217.742.95$2,784
Aug 1997097117.862.55$2,481
Jul 1997097117.582.25$2,182
Jun 199713592517.242.26$4,415
May 1997093918.972.31$2,168
Apr 1997049517.882.08$1,031
Mar 1997044018.951.94$853
Feb 1997026720.492.21$589
Jan 1997038423.483.54$1,359
Dec 199616627123.32$3,871
Nov 1996028121.97$0
Oct 1996030323.31$0
Sep 1996025422.22$0
Aug 1996021420.26$0
Jul 1996024019.55$0
Jun 1996038618.73$0
May 199601619.43$0
Apr 1996024421.51$0
Mar 1996011319.38$0
Feb 199616433916.98$2,785
Jan 1996072517.07$0
Dec 1995054917.19$0
Nov 1995047916.00$0
Oct 1995034115.43$0
Sep 199518319016.18$2,961
Aug 1995035115.92$0
Jul 1995047215.24$0
Jun 1995051516.41$0
May 199517272717.56$3,020
Apr 1995072317.73$0
Mar 199518854516.44$3,091
Feb 1995067516.58$0
Jan 1995050715.92$0
Dec 1994042215.03$0
Nov 19948573415.90$1,352
Oct 1994097215.58$0
Sep 199417685515.29$2,691
Aug 1994098516.13$0
Jul 19942568917.56$439
Jun 199418644217.09$3,179
May 1994072515.88$0
Apr 1994083914.14$0
Mar 1994056612.46$0
Feb 199418557612.50$2,313
Jan 1994063812.66$0
Dec 199318372612.33$2,256
Nov 1993077614.49$0
Oct 1993057515.85$0
Sep 199311858015.03$1,774
Aug 1993054115.66$0
Jul 19939625515.46$1,484
Jun 199318734816.79$3,140
May 1993038717.68$0
Apr 1993039018.05$0
Mar 199318425018.14$3,338
Feb 1993042717.90$0
Jan 199319059916.93$3,217

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.

Oct 2007 — as filed, then multipliedworked
Oil                   25 bbl  × $ 82.85 =     $2,071
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $2,071

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/20758 is the state's own key, not one this site invented.