CHAMPION INTERNATIONAL D 1

Operated by PARTEN OPERATING INC. (P-5 642718) in the FT. TRINIDAD, SW. (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24212District 03Field 32177125OilCasinghead gasSaveExport
Value, all time
$10.0 M
Jun 2002 – Oct 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
173
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1965-06-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “J. M. CHRISTIAN #1 (API 315-30886) WELL.”

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
OilDisposition127,256 bbl$8,653,378
Casinghead gasProduction177,041 Mcf$1,308,491
Total$9,961,869

Every month this lease reported (173)

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

173 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
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 2014136086.164.05$11,718
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014180095.944.81$17,269
Mar 20140195.895.06$5
Feb 20140197.406.19$6
Jan 20140190.404.86$5
Dec 20130191.824.35$4
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201304102.523.72$15
Jun 2013191094.403.93$18,030
May 20130094.834.15$0
Apr 201304493.964.28$188
Mar 20131946093.623.91$18,397
Feb 201319411491.233.42$18,088
Jan 201319627191.603.42$18,880
Dec 201219320886.773.42$17,458
Nov 201237512586.953.62$33,059
Oct 201208989.383.40$303
Sep 20121969894.672.92$18,841
Aug 201219318492.662.91$18,418
Jul 201219353485.133.02$18,043
Jun 201238680379.822.52$32,833
May 2012057591.612.49$1,431
Apr 2012387357101.652.00$40,051
Mar 201219720105.052.22$20,739
Feb 2012195946101.102.57$22,146
Jan 201238458998.092.73$39,277
Dec 20113901,21096.873.24$41,699
Nov 201135694395.723.31$37,199
Oct 20115321,17684.983.65$49,500
Sep 20117081,36583.623.99$64,644
Aug 2011058683.404.15$2,432
Jul 201135470994.144.52$36,528
Jun 20113521,04492.904.64$37,545
May 20115331,47098.134.40$58,778
Apr 20115231,509105.964.33$61,956
Mar 20117071,89496.364.06$75,811
Feb 201170452085.644.18$62,464
Jan 201117759686.504.59$18,045
Dec 20105341,45385.734.35$52,097
Nov 201053934580.843.80$44,882
Oct 20101,06888978.103.51$86,530
Sep 20101,0641,44872.633.98$83,041
Aug 20101,0601,28673.684.42$83,784
Jul 20101,60167272.554.74$119,335
Jun 20101,23741170.364.91$89,053
May 20101,24245271.124.24$90,245
Apr 20101,24090381.694.12$105,018
Mar 201088578678.394.39$72,825
Feb 20101,07358473.585.44$82,130
Jan 20101,24773574.365.96$97,111
Dec 200953180471.445.48$42,344
Nov 20091,24392174.593.75$96,171
Oct 20091,0681,01272.544.11$81,632
Sep 20091,05973765.543.06$71,666
Aug 20091,23263667.423.22$85,108
Jul 20091,22884561.133.46$77,995
Jun 20091,4001,25066.163.90$97,493
May 20091,41887254.743.93$81,045
Apr 20091,41592846.773.59$69,509
Mar 20091,7751,26042.144.06$79,913
Feb 20091,4571,51632.814.63$54,828
Jan 20091,1001,38835.865.37$46,901
Dec 20081,2731,47237.105.98$56,027
Nov 20087341,03155.496.86$47,803
Oct 20081,2731,66975.246.92$107,333
Sep 20081,0831,543101.767.88$122,360
Aug 20081,2771,764114.228.48$160,823
Jul 20081,2791,789131.0811.39$188,027
Jun 20081,2692,380131.3313.03$197,675
May 20081,2602,463123.1711.57$183,702
Apr 20081,2602,412110.3110.45$164,208
Mar 20081,4412,573101.909.66$171,704
Feb 20081,6383,10692.538.77$178,806
Jan 20081,2723,35290.388.21$142,469
Dec 20071,6303,48288.337.30$169,403
Nov 20071,8133,25191.677.29$189,903
Oct 20071,2682,01082.856.92$118,967
Sep 20071,4432,47875.846.24$124,910
Aug 20071,4473,33269.066.39$121,214
Jul 20071,4331,39470.906.39$110,504
Jun 20071,4371,50862.007.55$100,477
May 20071,7962,08358.747.85$121,841
Apr 20071,8092,11359.617.81$124,327
Mar 20072,1882,82056.927.30$145,133
Feb 20071,6262,09655.108.22$106,813
Jan 20072,3592,36550.306.73$134,567
Dec 20062,6912,82656.656.92$171,997
Nov 20061,0751,48454.207.62$69,569
Oct 20061,8071,95954.906.01$110,985
Sep 20061,8072,63960.085.04$121,858
Aug 20062,2554,62068.717.34$188,851
Jul 20062,7105,40169.376.34$222,250
Jun 20063,4114,67066.286.38$255,894
May 20061,0721,85066.016.42$82,649
Apr 20062,5194,36764.397.36$194,342
Mar 20062,6743,52756.707.08$176,597
Feb 20062,7164,98957.597.75$195,085
Jan 20063,2204,77860.598.93$237,783
Dec 20053,7825,49154.9413.42$281,447
Nov 20052,4672,98854.6910.59$166,558
Oct 20053,4105,59258.3413.80$276,085
Sep 20053,9446,03761.4512.08$315,280
Aug 20054,7056,16861.519.80$349,831
Jul 20051,7191,71855.697.84$109,206
Jun 20051,3892,03352.337.38$87,692
May 200517917545.226.65$9,258
Apr 200518123649.207.36$10,642
Mar 200518216950.377.15$10,377
Feb 200518011545.226.31$8,865
Jan 200517924143.166.32$9,249
Dec 200418153539.866.75$10,826
Nov 200418243945.286.33$11,020
Oct 200416627949.706.52$10,068
Sep 200417730943.245.28$9,286
Aug 200435033542.375.55$16,689
Jul 200436729538.286.08$15,844
Jun 200418224136.106.43$8,121
May 200417314337.486.49$7,413
Apr 20041801034.475.86$6,263
Mar 200406334.365.53$348
Feb 20040032.455.51$0
Jan 200403732.036.30$233
Dec 200319522930.266.30$7,344
Nov 2003022028.804.60$1,011
Oct 2003022128.174.76$1,052
Sep 2003013826.314.75$655
Aug 2003032329.765.13$1,657
Jul 2003036929.415.17$1,908
Jun 20031838128.565.98$5,711
May 2003030926.595.97$1,846
Apr 200338557826.675.41$13,393
Mar 200358368131.146.10$22,306
Feb 200319053533.487.93$10,602
Jan 200318438330.315.58$7,715
Dec 200238954626.914.85$13,118
Nov 200207424.664.14$306
Oct 20021963326.464.23$5,326
Sep 200219526727.443.64$6,321
Aug 200237431325.963.16$10,699
Jul 2002028724.583.06$879
Jun 200202923.733.34$97

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 2014 — as filed, then multipliedworked
Oil                  136 bbl  × $ 86.16 =    $11,718
Casinghead gas         0 Mcf  × $  4.05 =         $0

────────────────────────────────────────────────────
Month total                                  $11,718

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/24212 is the state's own key, not one this site invented.