CARIBOU UNIT

Name: CARIBOU UNIT lease production and value, Apr 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ANADARKO E&P COMPANY LP (P-5 20542) in the KURTEN (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23545District 03Field 50424600OilCasinghead gasSave Export

Value, all time

$1.7 M

Apr 1998 – Nov 2008

Value, last 12 filed months

$176 k

at the published price for each month

Months reported

128

no gaps in the span

Streams

oil, casinghead gas

The KURTEN (GEORGETOWN) 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 42 leases and 42 wells, and the rule below applies to all of them.

Discovered

1978-06-14

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 160 acres. The field rule took effect on 1996-11-01.

The Commission's schedule remark for this field reads: “THIS FIELD SAME AS KURTEN (BUDA) IN OIL.”

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	69,376 bbl	$1,560,043
Casinghead gas	Production	35,651 Mcf	$154,332
Total			$1,714,375

Every month this lease reported (128)

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

128 months


Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	124	0	101.76	7.88	$12,618
Aug 2008	190	369	114.22	8.48	$24,832
Jul 2008	196	366	131.08	11.39	$29,860
Jun 2008	197	190	131.33	13.03	$28,348
May 2008	1	165	123.17	11.57	$2,033
Apr 2008	0	398	110.31	10.45	$4,161
Mar 2008	192	341	101.90	9.66	$22,860
Feb 2008	199	468	92.53	8.77	$22,518
Jan 2008	200	657	90.38	8.21	$23,467
Dec 2007	2	695	88.33	7.30	$5,252
Nov 2007	201	578	91.67	7.29	$22,640
Oct 2007	186	720	82.85	6.92	$20,394
Sep 2007	189	705	75.84	6.24	$18,736
Aug 2007	2	756	69.06	6.39	$4,967
Jul 2007	197	705	70.90	6.39	$18,471
Jun 2007	199	691	62.00	7.55	$17,554
May 2007	203	133	58.74	7.85	$12,968
Apr 2007	2	125	59.61	7.81	$1,095
Mar 2007	196	134	56.92	7.30	$12,135
Feb 2007	193	100	55.10	8.22	$11,456
Jan 2007	196	117	50.30	6.73	$10,646
Dec 2006	199	113	56.65	6.92	$12,055
Nov 2006	3	114	54.20	7.62	$1,031
Oct 2006	183	114	54.90	6.01	$10,732
Sep 2006	163	113	60.08	5.04	$10,362
Aug 2006	187	107	68.71	7.34	$13,634
Jul 2006	187	165	69.37	6.34	$14,019
Jun 2006	191	182	66.28	6.38	$13,821
May 2006	191	207	66.01	6.42	$13,938
Apr 2006	191	182	64.39	7.36	$13,638
Mar 2006	192	172	56.70	7.08	$12,105
Feb 2006	184	56	57.59	7.75	$11,031
Jan 2006	194	79	60.59	8.93	$12,460
Dec 2005	201	83	54.94	13.42	$12,156
Nov 2005	187	80	54.69	10.59	$11,074
Oct 2005	188	121	58.34	13.80	$12,637
Sep 2005	2	107	61.45	12.08	$1,415
Aug 2005	328	107	61.51	9.80	$21,224
Jul 2005	88	59	55.69	7.84	$5,363
Jun 2005	187	104	52.33	7.38	$10,553
May 2005	361	77	45.22	6.65	$16,837
Apr 2005	189	83	49.20	7.36	$9,910
Mar 2005	191	95	50.37	7.15	$10,300
Feb 2005	186	56	45.22	6.31	$8,764
Jan 2005	180	95	43.16	6.32	$8,369
Dec 2004	190	74	39.86	6.75	$8,073
Nov 2004	187	89	45.28	6.33	$9,031
Oct 2004	190	31	49.70	6.52	$9,645
Sep 2004	188	84	43.24	5.28	$8,573
Aug 2004	190	133	42.37	5.55	$8,789
Jul 2004	191	137	38.28	6.08	$8,145
Jun 2004	188	119	36.10	6.43	$7,552
May 2004	189	110	37.48	6.49	$7,798
Apr 2004	190	78	34.47	5.86	$7,006
Mar 2004	187	80	34.36	5.53	$6,868
Feb 2004	188	38	32.45	5.51	$6,310
Jan 2004	196	72	32.03	6.30	$6,731
Dec 2003	379	116	30.26	6.30	$12,200
Nov 2003	191	37	28.80	4.60	$5,671
Oct 2003	188	113	28.17	4.76	$5,834
Sep 2003	188	111	26.31	4.75	$5,473
Aug 2003	378	130	29.76	5.13	$11,916
Jul 2003	186	136	29.41	5.17	$6,173
Jun 2003	189	110	28.56	5.98	$6,056
May 2003	195	76	26.59	5.97	$5,639
Apr 2003	191	63	26.67	5.41	$5,435
Mar 2003	188	76	31.14	6.10	$6,318
Feb 2003	557	33	33.48	7.93	$18,910
Jan 2003	192	104	30.31	5.58	$6,400
Dec 2002	348	48	26.91	4.85	$9,598
Nov 2002	0	93	24.66	4.14	$385
Oct 2002	352	94	26.46	4.23	$9,711
Sep 2002	173	4	27.44	3.64	$4,762
Aug 2002	328	0	25.96	3.16	$8,515
Jul 2002	184	0	24.58	3.06	$4,523
Jun 2002	358	11	23.73	3.34	$8,532
May 2002	351	44	24.66	3.58	$8,813
Apr 2002	362	73	23.65	3.51	$8,818
Mar 2002	0	83	22.00	3.10	$258
Feb 2002	357	65	18.22	2.38	$6,659
Jan 2002	348	87	17.17	2.38	$6,182
Dec 2001	329	105	16.93	2.36	$5,818
Nov 2001	360	34	18.07	2.41	$6,587
Oct 2001	355	48	19.78	2.53	$7,143
Sep 2001	0	10	24.26	2.25	$23
Aug 2001	356	45	24.87	3.05	$8,991
Jul 2001	359	102	23.93	3.20	$8,917
Jun 2001	353	18	24.56	3.82	$8,739
May 2001	366	17	25.52	4.31	$9,414
Apr 2001	0	119	24.68	5.34	$635
Mar 2001	546	126	24.54	5.38	$14,076
Feb 2001	184	57	27.75	5.77	$5,435
Jan 2001	361	43	27.47	8.40	$10,278
Dec 2000	365	64	26.88	9.12	$10,395
Nov 2000	349	75	32.21	5.66	$11,666
Oct 2000	168	170	31.23	5.15	$6,121
Sep 2000	324	176	31.87	5.19	$11,239
Aug 2000	311	3	29.64	4.54	$9,232
Jul 2000	677	240	28.53	4.09	$20,296
Jun 2000	344	221	29.30	4.40	$11,051
May 2000	356	212	27.26	3.68	$10,485
Apr 2000	538	180	24.51	3.12	$13,747
Mar 2000	356	165	28.42	2.86	$10,589
Feb 2000	170	99	27.62	2.73	$4,965
Jan 2000	739	142	25.27	2.48	$19,027
Dec 1999	356	300	24.28	2.42	$9,371
Nov 1999	548	331	23.19	2.43	$13,514
Oct 1999	724	405	20.98	2.80	$16,325
Sep 1999	361	375	21.75	2.62	$8,834
Aug 1999	1,069	389	19.26	2.88	$21,708
Jul 1999	720	523	17.89	2.37	$14,122
Jun 1999	715	336	15.94	2.36	$12,191
May 1999	713	428	15.79	2.32	$12,252
Apr 1999	728	240	15.10	2.21	$11,523
Mar 1999	1,101	360	12.47	1.84	$14,391
Feb 1999	897	403	9.98	1.82	$9,685
Jan 1999	1,095	550	10.38	1.90	$12,411
Dec 1998	1,262	659	9.20	1.77	$12,779
Nov 1998	1,276	765	10.89	2.19	$15,568
Oct 1998	1,814	1,078	12.42	1.97	$24,653
Sep 1998	1,965	1,331	12.59	2.08	$27,511
Aug 1998	2,507	1,292	11.30	1.91	$30,793
Jul 1998	2,666	332	11.74	2.24	$32,042
Jun 1998	4,642	2,400	11.24	2.24	$57,546
May 1998	15,115	6,847	12.62	2.21	$205,858
Apr 1998	4,961	0	13.04	2.51	$64,691

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.

Sep 2008 — as filed, then multipliedworked

Oil                  124 bbl  × $101.76 =    $12,618
Casinghead gas         0 Mcf  × $  7.88 =         $0

────────────────────────────────────────────────────
Month total                                  $12,618

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/23545 is the state's own key, not one this site invented.