MOSLEY

Operated by SEM OPERATING COMPANY LLC (P-5 766370) in the FORT TRINIDAD, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26284District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$2.9 M
Aug 2010 – Oct 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
75
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 310 leases and 403 wells, and the rule below applies to all of them.

Discovered
1965-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2016-02-23.

The Commission's schedule remark for this field reads: DUE TO COMPUTER RESTRAINTS THE HIGHEST POSSIBLE TOP IS 3499

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
OilDisposition28,730 bbl$2,497,758
Casinghead gasProduction106,649 Mcf$409,342
Total$2,907,100

Every month this lease reported (75)

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

75 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 20140086.164.05$0
Aug 20141841,05489.394.04$20,701
Jul 2014074696.564.18$3,118
Jun 201417881398.164.74$21,324
May 20143601,08094.734.73$39,207
Apr 201418095795.944.81$21,872
Mar 20143481,21195.895.06$39,494
Feb 2014060697.406.19$3,752
Jan 20141741,01290.404.86$20,649
Dec 20133721,31591.824.35$39,883
Nov 20133211,00788.853.74$32,285
Oct 20133171,01197.423.78$34,703
Sep 20131581,329104.113.72$21,390
Aug 20133591,629104.253.52$43,164
Jul 20133531,699102.523.72$42,506
Jun 20133511,59794.403.93$39,416
May 20133501,58994.834.15$39,783
Apr 20133641,62793.964.28$41,169
Mar 20133671,43593.623.91$39,974
Feb 20135571,47991.233.42$55,873
Jan 20131833091.603.42$16,865
Dec 201218646086.773.42$17,712
Nov 201218250086.953.62$17,637
Oct 20125221,17989.383.40$50,665
Sep 201217775294.672.92$18,951
Aug 201252184392.662.91$50,727
Jul 20127551,91285.133.02$70,049
Jun 20123911,39279.822.52$34,716
May 20123761,26191.612.49$37,583
Apr 20123921,819101.652.00$43,479
Mar 20121913,410105.052.22$27,642
Feb 20124191,814101.102.57$47,023
Jan 201237999198.092.73$39,886
Dec 20111771,53696.873.24$22,122
Nov 20115301,48695.723.31$55,652
Oct 201137811184.983.65$32,527
Sep 201171633783.623.99$61,215
Aug 20117751,96583.404.15$72,788
Jul 20115284,75394.144.52$71,176
Jun 20115353,60792.904.64$66,438
May 20114902,29598.134.40$58,193
Apr 20115392,209105.964.33$66,685
Mar 20111,4492,26496.364.06$148,811
Feb 20115502,09085.644.18$55,838
Jan 20111,2454,83686.504.59$129,884
Dec 20107562,95085.734.35$77,638
Nov 20102,3037,17080.843.80$213,387
Oct 20104,20515,63878.103.51$383,283
Sep 20102,8279,62972.633.98$243,643
Aug 20107604,21473.684.42$74,620

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.

Aug 2014 — as filed, then multipliedworked
Oil                  184 bbl  × $ 89.39 =    $16,448
Casinghead gas     1,054 Mcf  × $  4.04 =     $4,253

────────────────────────────────────────────────────
Month total                                  $20,701

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/26284 is the state's own key, not one this site invented.