BEHRENS-GLOGER #2

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 20794District 03Field 82265500OilCasinghead gasSaveExport
Value, all time
$175 k
Jan 1993 – Jan 2014
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
253
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
OilDisposition4,056 bbl$75,010
Casinghead gasProduction87,510 Mcf$100,031
Total$175,040

52,483 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 (253)

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

253 months

Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201395097.423.78$9,255
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
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 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
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 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
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 20070082.856.92$0
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 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200604556.707.08$319
Feb 200604357.597.75$333
Jan 200604060.598.93$357
Dec 200504954.9413.42$657
Nov 200502654.6910.59$275
Oct 200504958.3413.80$676
Sep 200504061.4512.08$483
Aug 200504861.519.80$470
Jul 200504655.697.84$361
Jun 200505052.337.38$369
May 200504645.226.65$306
Apr 200504649.207.36$339
Mar 200505050.377.15$358
Feb 200503345.226.31$208
Jan 200505243.166.32$329
Dec 200405239.866.75$351
Nov 200405145.286.33$323
Oct 2004015349.706.52$997
Sep 200403143.245.28$164
Aug 200404942.375.55$272
Jul 200405438.286.08$329
Jun 200403136.106.43$199
May 200405237.486.49$338
Apr 200405134.475.86$299
Mar 200403034.365.53$166
Feb 200404932.455.51$270
Jan 200404632.036.30$290
Dec 200304730.266.30$296
Nov 200304528.804.60$207
Oct 200305028.174.76$238
Sep 200305126.314.75$242
Aug 200306029.765.13$308
Jul 200305929.415.17$305
Jun 200305228.565.98$311
May 200306226.595.97$370
Apr 200306026.675.41$324
Mar 200306831.146.10$415
Feb 200305333.487.93$420
Jan 200307230.315.58$402
Dec 200204726.914.85$228
Nov 200206124.664.14$252
Oct 200206226.464.23$262
Sep 200206627.443.64$240
Aug 200206725.963.16$212
Jul 200206424.583.06$196
Jun 200206723.733.34$224
May 200207524.663.58$269
Apr 200206523.653.51$228
Mar 200207822.003.10$242
Feb 200206818.222.38$162
Jan 200207917.172.38$188
Dec 200108116.932.36$192
Nov 200108018.072.41$192
Oct 200108619.782.53$217
Sep 200108524.262.25$191
Aug 200108824.873.05$269
Jul 200103623.933.20$115
Jun 200108424.563.82$321
May 200108325.524.31$358
Apr 200108924.685.34$475
Mar 200109524.545.38$511
Feb 200108527.755.77$490
Jan 200109527.478.40$798
Dec 200009626.889.12$876
Nov 200009232.215.66$521
Oct 2000010031.235.15$515
Sep 200008031.875.19$415
Aug 200009329.644.54$422
Jul 200009228.534.09$376
Jun 200008729.304.40$383
May 200009027.263.68$331
Apr 200007124.513.12$221
Mar 200007528.422.86$214
Feb 200006027.622.73$164
Jan 200003825.272.48$94
Dec 199902524.282.42$61
Nov 199905523.192.43$134
Oct 199987020.982.80$1,825
Sep 1999011321.752.62$296
Aug 1999011319.262.88$325
Jul 199980017.892.37$1,431
Jun 199908415.942.36$198
May 19997814115.792.32$1,559
Apr 1999012615.102.21$278
Mar 1999014312.471.84$263
Feb 1999451579.981.82$734
Jan 1999020110.381.90$382
Dec 1998492309.201.77$859
Nov 1998043210.892.19$944
Oct 19986363512.421.97$2,033
Sep 1998033712.592.08$702
Aug 1998061511.301.91$1,173
Jul 19987754811.742.24$2,130
Jun 199801,41111.242.24$3,157
May 199801,39312.622.21$3,073
Apr 1998811,10513.042.51$3,825
Mar 199801,41712.802.31$3,272
Feb 199801,55213.952.30$3,568
Jan 1998801,79614.702.15$5,046
Dec 199701,69016.322.41$4,075
Nov 199701,90318.193.09$5,877
Oct 1997732,02719.253.15$7,790
Sep 199702,05017.742.95$6,058
Aug 199701,93117.862.55$4,933
Jul 19975886017.582.25$2,952
Jun 199701,06717.242.26$2,408
May 19976394418.972.31$3,374
Apr 199701,00917.882.08$2,102
Mar 1997341,34518.951.94$3,252
Feb 1997311,13420.492.21$3,137
Jan 1997251,68723.483.54$6,558
Dec 1996741,53023.32$1,726
Nov 199601,23321.97$0
Oct 1996641,33023.31$1,492
Sep 199601,59322.22$0
Aug 1996741,42420.26$1,499
Jul 199601,40019.55$0
Jun 1996881,43118.73$1,648
May 199601,48119.43$0
Apr 1996731,54921.51$1,570
Mar 199613198819.38$2,539
Feb 199601,22816.98$0
Jan 199601,35917.07$0
Dec 19951661,24517.19$2,854
Nov 199501,65316.00$0
Oct 199501,91315.43$0
Sep 199542,53616.18$65
Aug 19951741,90015.92$2,770
Jul 199501,63015.24$0
Jun 19951751,91316.41$2,872
May 1995071717.56$0
Apr 1995048317.73$0
Mar 199517250416.44$2,828
Feb 1995072816.58$0
Jan 199517178315.92$2,722
Dec 1994065315.03$0
Nov 1994065915.90$0
Oct 1994065415.58$0
Sep 1994062415.29$0
Aug 199417070916.13$2,742
Jul 1994074817.56$0
Jun 1994074317.09$0
May 199417479515.88$2,763
Apr 1994089614.14$0
Mar 199416284812.46$2,019
Feb 1994078412.50$0
Jan 1994094312.66$0
Dec 199316796812.33$2,059
Nov 199301,04914.49$0
Oct 199317293415.85$2,726
Sep 1993085615.03$0
Aug 199316798815.66$2,615
Jul 199301,02715.46$0
Jun 199316299016.79$2,720
May 199315999517.68$2,811
Apr 1993093718.05$0
Mar 199316564718.14$2,993
Feb 1993069917.90$0
Jan 199317378616.93$2,929

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 2013 — as filed, then multipliedworked
Oil                   95 bbl  × $ 97.42 =     $9,255
Casinghead gas         0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                   $9,255

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/20794 is the state's own key, not one this site invented.