PERSIMMON CREEK "F"

Operated by NORTHFIELD ENTERPRISES, INC. (P-5 614551) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21343District 03Field 50424500OilCasinghead gasSaveExport
Value, all time
$1.8 M
Jan 1993 – Apr 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
244
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 456 leases and 533 wells, and the rule below applies to all of them.

Discovered
1976-12-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SET TO 100 % ACRES.

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
OilDisposition72,493 bbl$1,784,718
Casinghead gasProduction20,869 Mcf$30,978
Total$1,815,696

16,502 Mcf of this lease's gas, across 28 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 (244)

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

244 months

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 2010154078.103.51$12,027
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100172.554.74$5
Jun 20100170.364.91$5
May 20100571.124.24$21
Apr 20100581.694.12$21
Mar 20100778.394.39$31
Feb 201002673.585.44$142
Jan 201003974.365.96$233
Dec 200903571.445.48$192
Nov 200902674.593.75$98
Oct 200902572.544.11$103
Sep 200904765.543.06$144
Aug 200904567.423.22$145
Jul 200903261.133.46$111
Jun 2009010166.163.90$393
May 2009197054.743.93$10,784
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090232.814.63$9
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200808101.767.88$63
Aug 2008027114.228.48$229
Jul 2008079131.0811.39$900
Jun 2008075131.3313.03$977
May 2008043123.1711.57$498
Apr 2008049110.3110.45$512
Mar 20081596101.909.66$16,260
Feb 20080692.538.77$53
Jan 2008039490.388.21$3,233
Dec 2007011188.337.30$811
Nov 20071909491.677.29$18,103
Oct 2007020482.856.92$1,412
Sep 200717412175.846.24$13,952
Aug 20070169.066.39$6
Jul 20071533270.906.39$11,052
Jun 20070162.007.55$8
May 20070058.747.85$0
Apr 20070959.617.81$70
Mar 20073221356.927.30$18,423
Feb 20070455.108.22$33
Jan 20070050.306.73$0
Dec 200603656.656.92$249
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060260.085.04$10
Aug 2006011968.717.34$873
Jul 2006014769.376.34$932
Jun 2006038666.286.38$2,464
May 200637546066.016.42$27,709
Apr 200637923164.397.36$26,104
Mar 200619256256.707.08$14,867
Feb 200637743857.597.75$25,106
Jan 2006528060.598.93$31,992
Dec 2005719054.9413.42$39,502
Nov 2005212054.6910.59$11,594
Oct 2005562058.3413.80$32,787
Sep 20051,763061.4512.08$108,336
Aug 2005370061.519.80$22,759
Jul 2005381055.697.84$21,218
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20051878549.207.36$9,826
Mar 200518412450.377.15$10,155
Feb 2005373045.226.31$16,867
Jan 200518410343.166.32$8,593
Dec 2004371039.866.75$14,788
Nov 2004175045.286.33$7,924
Oct 2004166049.706.52$8,250
Sep 2004361043.245.28$15,610
Aug 2004185042.375.55$7,838
Jul 2004370038.286.08$14,164
Jun 2004186036.106.43$6,715
May 2004371037.486.49$13,905
Apr 2004182034.475.86$6,274
Mar 2004358034.365.53$12,301
Feb 2004384032.455.51$12,461
Jan 2004190032.036.30$6,086
Dec 2003182030.266.30$5,507
Nov 2003364028.804.60$10,483
Oct 2003182028.174.76$5,127
Sep 2003362026.314.75$9,524
Aug 2003180029.765.13$5,357
Jul 2003368029.415.17$10,823
Jun 2003368028.565.98$10,510
May 2003374026.595.97$9,945
Apr 2003371026.675.41$9,895
Mar 2003370031.146.10$11,522
Feb 2003337033.487.93$11,283
Jan 2003188030.315.58$5,698
Dec 2002370026.914.85$9,957
Nov 2002184024.664.14$4,537
Oct 2002369026.464.23$9,764
Sep 2002373027.443.64$10,235
Aug 2002185025.963.16$4,803
Jul 2002370024.583.06$9,095
Jun 2002366023.733.34$8,685
May 2002558024.663.58$13,760
Apr 2002549023.653.51$12,984
Mar 2002366022.003.10$8,052
Feb 2002354018.222.38$6,450
Jan 20020017.172.38$0
Dec 2001366016.932.36$6,196
Nov 2001364018.072.41$6,577
Oct 2001183019.782.53$3,620
Sep 2001187024.262.25$4,537
Aug 2001184024.873.05$4,576
Jul 2001367023.933.20$8,782
Jun 2001367024.563.82$9,014
May 2001368025.524.31$9,391
Apr 2001549024.685.34$13,549
Mar 2001555024.545.38$13,620
Feb 2001747027.755.77$20,729
Jan 2001183027.478.40$5,027
Dec 2000547026.889.12$14,703
Nov 2000545032.215.66$17,554
Oct 2000366031.235.15$11,430
Sep 2000550031.875.19$17,529
Aug 2000366029.644.54$10,848
Jul 2000548028.534.09$15,634
Jun 2000179029.304.40$5,245
May 2000521027.263.68$14,202
Apr 2000355024.513.12$8,701
Mar 2000543028.422.86$15,432
Feb 2000540027.622.73$14,915
Jan 2000548025.272.48$13,848
Dec 1999544024.282.42$13,208
Nov 1999719023.192.43$16,674
Oct 1999186020.982.80$3,902
Sep 1999540021.752.62$11,745
Aug 1999885019.262.88$17,045
Jul 19991,076017.892.37$19,250
Jun 1999715015.942.36$11,397
May 19991,266015.792.32$19,990
Apr 1999918015.102.21$13,862
Mar 1999882012.471.84$10,999
Feb 199999909.981.82$9,970
Jan 1999546010.381.90$5,667
Dec 199877809.201.77$7,158
Nov 1998723010.892.19$7,873
Oct 1998896012.421.97$11,128
Sep 1998175012.592.08$2,203
Aug 1998166011.301.91$1,876
Jul 19980011.742.24$0
Jun 1998541011.242.24$6,081
May 1998627012.622.21$7,913
Apr 1998720013.042.51$9,389
Mar 19981,090012.802.31$13,952
Feb 1998549013.952.30$7,659
Jan 1998986014.702.15$14,494
Dec 1997360016.322.41$5,875
Nov 1997178018.193.09$3,238
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997178017.862.55$3,179
Jul 19971,069017.582.25$18,793
Jun 19971,071017.242.26$18,464
May 19970018.972.31$0
Apr 1997180017.882.08$3,218
Mar 1997193018.951.94$3,657
Feb 1997374020.492.21$7,663
Jan 1997183023.483.54$4,297
Dec 1996177023.32$4,128
Nov 1996178021.97$3,911
Oct 1996352023.31$8,205
Sep 1996182022.22$4,044
Aug 1996183020.26$3,708
Jul 1996480019.55$9,384
Jun 1996355018.73$6,649
May 1996365019.43$7,092
Apr 1996719021.51$15,466
Mar 1996181019.38$3,508
Feb 1996181016.98$3,073
Jan 1996726017.07$12,393
Dec 1995187017.19$3,215
Nov 19950016.00$0
Oct 1995536015.43$8,270
Sep 1995357016.18$5,776
Aug 19951,073015.92$17,082
Jul 19954015.24$61
Jun 199513016.41$213
May 1995188117.56$3,301
Apr 1995372117.73$6,596
Mar 1995387116.44$6,362
Feb 19953602116.58$5,969
Jan 199536522715.92$5,811
Dec 199436322715.03$5,456
Nov 199436212515.90$5,756
Oct 199472115915.58$11,233
Sep 19941,06816615.29$16,330
Aug 199405816.13$0
Jul 199447211217.56$8,288
Jun 19940017.09$0
May 199424215.88$32
Apr 199417922714.14$2,531
Mar 199453433912.46$6,654
Feb 199453374312.50$6,663
Jan 199435695612.66$4,507
Dec 19937201,01112.33$8,878
Nov 199370577114.49$10,215
Oct 199336139815.85$5,722
Sep 199368063815.03$10,220
Aug 199386758415.66$13,577
Jul 199388673015.46$13,698
Jun 19937011,03916.79$11,770
May 19931,0341,42917.68$18,281
Apr 19938691,34818.05$15,685
Mar 19931,1971,63118.14$21,714
Feb 19931,2431,73817.90$22,250
Jan 19931,2541,78016.93$21,230

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 2010 — as filed, then multipliedworked
Oil                  154 bbl  × $ 78.10 =    $12,027
Casinghead gas         0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                  $12,027

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/21343 is the state's own key, not one this site invented.