WARD

Operated by CARR RESOURCES, INC. (P-5 135180) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22354District 03Field 38274666OilCasinghead gasSave
Value, all time
$1.7 M
Mar 1994 – Dec 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
262
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition42,778 bbl$1,641,121
Casinghead gasProduction17,972 Mcf$15,713
Total$1,656,835

10,963 Mcf of this lease's gas, across 33 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 (262)

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

262 months

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 2014170095.895.06$16,301
Feb 20140097.406.19$0
Jan 2014174090.404.86$15,730
Dec 20130091.824.35$0
Nov 2013162088.853.74$14,394
Oct 20130097.423.78$0
Sep 20131750104.113.72$18,219
Aug 20131770104.253.52$18,452
Jul 201300102.523.72$0
Jun 2013187094.403.93$17,653
May 20130094.834.15$0
Apr 2013170093.964.28$15,973
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012178086.773.42$15,445
Nov 20120086.953.62$0
Oct 2012179089.383.40$15,999
Sep 20120094.672.92$0
Aug 2012154092.662.91$14,270
Jul 2012176085.133.02$14,983
Jun 20120079.822.52$0
May 2012181091.612.49$16,581
Apr 20121800101.652.00$18,297
Mar 201200105.052.22$0
Feb 20121840101.102.57$18,602
Jan 20120098.092.73$0
Dec 2011171096.873.24$16,565
Nov 2011179095.723.31$17,134
Oct 2011185084.983.65$15,721
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011174092.904.64$16,165
May 2011190098.134.40$18,645
Apr 201100105.964.33$0
Mar 2011194096.364.06$18,694
Feb 20110085.644.18$0
Jan 2011188086.504.59$16,262
Dec 2010177085.734.35$15,174
Nov 20100080.843.80$0
Oct 2010172078.103.51$13,433
Sep 2010169072.633.98$12,274
Aug 2010170073.684.42$12,526
Jul 2010174072.554.74$12,624
Jun 20100070.364.91$0
May 2010172071.124.24$12,233
Apr 2010169081.694.12$13,806
Mar 2010176078.394.39$13,797
Feb 20100073.585.44$0
Jan 2010170074.365.96$12,641
Dec 2009169071.445.48$12,073
Nov 2009171074.593.75$12,755
Oct 2009168072.544.11$12,187
Sep 20090065.543.06$0
Aug 2009166067.423.22$11,192
Jul 2009172061.133.46$10,514
Jun 2009168066.163.90$11,115
May 2009168054.743.93$9,196
Apr 20090046.773.59$0
Mar 2009179042.144.06$7,543
Feb 2009179032.814.63$5,873
Jan 2009178035.865.37$6,383
Dec 2008180037.105.98$6,678
Nov 20080055.496.86$0
Oct 2008174075.246.92$13,092
Sep 2008430101.767.88$4,376
Aug 20081770114.228.48$20,217
Jul 20081770131.0811.39$23,201
Jun 20081780131.3313.03$23,377
May 20081800123.1711.57$22,171
Apr 200800110.3110.45$0
Mar 20081750101.909.66$17,833
Feb 2008171092.538.77$15,823
Jan 2008180090.388.21$16,268
Dec 2007180088.337.30$15,899
Nov 2007178091.677.29$16,317
Oct 2007177082.856.92$14,664
Sep 20070075.846.24$0
Aug 2007179069.066.39$12,362
Jul 2007177070.906.39$12,549
Jun 2007177062.007.55$10,974
May 20070058.747.85$0
Apr 2007179059.617.81$10,670
Mar 2007179056.927.30$10,189
Feb 2007179055.108.22$9,863
Jan 20070050.306.73$0
Dec 2006178056.656.92$10,084
Nov 2006180054.207.62$9,756
Oct 2006178054.906.01$9,772
Sep 2006177060.085.04$10,634
Aug 20060068.717.34$0
Jul 2006177069.376.34$12,278
Jun 2006175066.286.38$11,599
May 2006177066.016.42$11,684
Apr 2006188064.397.36$12,105
Mar 20060056.707.08$0
Feb 2006164057.597.75$9,445
Jan 2006169060.598.93$10,240
Dec 2005180054.9413.42$9,889
Nov 2005184054.6910.59$10,063
Oct 2005178058.3413.80$10,385
Sep 20050061.4512.08$0
Aug 2005328061.519.80$20,175
Jul 20050055.697.84$0
Jun 2005178052.337.38$9,315
May 2005179045.226.65$8,094
Apr 20050049.207.36$0
Mar 2005356050.377.15$17,932
Feb 2005183045.226.31$8,275
Jan 20050043.166.32$0
Dec 2004344039.866.75$13,712
Nov 2004173045.286.33$7,833
Oct 2004182049.706.52$9,045
Sep 2004149043.245.28$6,443
Aug 2004172042.375.55$7,288
Jul 2004347038.286.08$13,283
Jun 2004183036.106.43$6,606
May 2004165037.486.49$6,184
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004155032.455.51$5,030
Jan 2004176032.036.30$5,637
Dec 20030030.266.30$0
Nov 2003182028.804.60$5,242
Oct 2003371028.174.76$10,451
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003381028.565.98$10,881
May 2003175026.595.97$4,653
Apr 20030026.675.41$0
Mar 2003187031.146.10$5,823
Feb 2003110033.487.93$3,683
Jan 2003335030.315.58$10,154
Dec 20020026.914.85$0
Nov 2002180024.664.14$4,439
Oct 2002340026.464.23$8,996
Sep 2002183027.443.64$5,022
Aug 2002373025.963.16$9,683
Jul 2002299024.583.06$7,349
Jun 20020023.733.34$0
May 2002187024.663.58$4,611
Apr 2002382023.653.51$9,034
Mar 2002360022.003.10$7,920
Feb 2002291018.222.38$5,302
Jan 2002295017.172.38$5,065
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001133019.782.53$2,631
Sep 20010024.262.25$0
Aug 2001185024.873.05$4,601
Jul 2001192023.933.20$4,595
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001183027.755.77$5,078
Jan 20010027.478.40$0
Dec 2000253026.889.12$6,801
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000134031.875.19$4,271
Aug 2000143029.644.54$4,239
Jul 2000168028.534.09$4,793
Jun 2000179029.304.40$5,245
May 2000132027.263.68$3,598
Apr 2000178024.513.12$4,363
Mar 2000137028.422.86$3,894
Feb 2000246027.622.73$6,795
Jan 2000190025.272.48$4,801
Dec 1999188024.282.42$4,565
Nov 1999184023.192.43$4,267
Oct 1999316020.982.80$6,630
Sep 1999136021.752.62$2,958
Aug 1999112019.262.88$2,157
Jul 1999145017.892.37$2,594
Jun 1999314015.942.36$5,005
May 1999174015.792.32$2,747
Apr 1999293015.102.21$4,424
Mar 199932338012.471.84$4,726
Feb 19991262329.981.82$1,679
Jan 199926624910.381.90$3,234
Dec 19981813069.201.77$2,208
Nov 199833130710.892.19$4,276
Oct 199832043412.421.97$4,829
Sep 199824835812.592.08$3,868
Aug 199830218711.301.91$3,769
Jul 199817734411.742.24$2,848
Jun 199835929311.242.24$4,691
May 199846334012.622.21$6,593
Apr 199852632913.042.51$7,683
Mar 1998060512.802.31$1,397
Feb 19981352413.952.30$1,938
Jan 19981255314.702.15$1,952
Dec 199721219816.322.41$3,937
Nov 199708618.193.09$266
Oct 1997011419.253.15$359
Sep 199714811617.742.95$2,968
Aug 19979914517.862.55$2,139
Jul 199713118817.582.25$2,725
Jun 199718031917.242.26$3,823
May 199725528318.972.31$5,491
Apr 199718721717.882.08$3,796
Mar 199732042118.951.94$6,880
Feb 199717914920.492.21$3,996
Jan 199726633223.483.54$7,421
Dec 199646635923.32$10,867
Nov 199610727421.97$2,351
Oct 199620333023.31$4,732
Sep 199629836522.22$6,622
Aug 199627138420.26$5,490
Jul 199643850619.55$8,563
Jun 199626729218.73$5,001
May 199639244419.43$7,617
Apr 199627738321.51$5,958
Mar 199655959419.38$10,833
Feb 199644860616.98$7,607
Jan 199635837917.07$6,111
Dec 199517125917.19$2,939
Nov 199501016.00$0
Oct 199546946915.43$7,237
Sep 199532846816.18$5,307
Aug 199555458115.92$8,820
Jul 199534147915.24$5,197
Jun 199554240416.41$8,894
May 199558289017.56$10,220
Apr 19958421,01717.73$14,929
Mar 199542244316.44$6,938
Feb 19950016.58$0
Jan 199502415.92$0
Dec 199409715.03$0
Nov 199410230015.90$1,622
Oct 199427430015.58$4,269
Sep 199433630015.29$5,137
Aug 1994390116.13$6,291
Jul 1994451117.56$7,920
Jun 1994488117.09$8,340
May 1994535115.88$8,496
Apr 1994800114.14$11,312
Mar 1994452112.46$5,632

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.

Mar 2014 — as filed, then multipliedworked
Oil                  170 bbl  × $ 95.89 =    $16,301
Casinghead gas         0 Mcf  × $  5.06 =         $0

────────────────────────────────────────────────────
Month total                                  $16,301

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/22354 is the state's own key, not one this site invented.