TRINITY WALKER

Operated by INTERSTATE EXPLORATIONS LLC (P-5 425206) 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 27171District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$269 k
Jul 2016 – Jun 2022
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
72
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
OilDisposition4,289 bbl$210,765
Casinghead gasProduction18,524 Mcf$58,707
Total$269,473

Every month this lease reported (72)

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

72 months

Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 2022940104.226.84$9,797
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022069181.844.54$3,136
Dec 202109071.323.90$351
Nov 202108877.435.24$461
Oct 202102279.795.71$126
Sep 20210169.865.35$5
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021098169.493.38$3,316
May 20210063.483.02$0
Apr 202105960.362.76$163
Mar 202104561.302.72$122
Feb 2021057357.805.55$3,179
Jan 2021031050.412.81$871
Dec 202003744.642.68$99
Nov 202003738.772.71$100
Oct 2020026636.972.48$659
Sep 202003637.091.99$72
Aug 202001339.982.39$31
Jul 202002038.371.83$37
Jun 202001034.901.69$17
May 202001416.921.81$25
Apr 202001714.751.80$31
Mar 20200030.341.86$0
Feb 202008649.881.98$170
Jan 202004157.252.09$86
Dec 201901559.012.30$35
Nov 201904855.302.75$132
Oct 20191656253.472.42$8,973
Sep 2019014255.052.66$377
Aug 2019019453.112.30$447
Jul 2019055456.272.46$1,363
Jun 2019058852.782.49$1,465
May 201918157358.482.74$12,155
Apr 2019038262.632.75$1,051
Mar 2019024056.803.06$735
Feb 2019017650.852.79$491
Jan 201936843246.033.23$18,334
Dec 201807546.594.19$314
Nov 2018024852.934.24$1,051
Oct 2018014461.443.40$489
Sep 20180059.543.11$0
Aug 201807459.403.07$227
Jul 2018014265.142.93$416
Jun 201817528260.183.08$11,399
May 2018032465.382.90$940
Apr 201818525563.842.90$12,550
Mar 2018053261.222.79$1,483
Feb 201818828261.782.77$12,395
Jan 2018083562.874.01$3,348
Dec 201701,36157.272.92$3,976
Nov 20171861,44455.423.12$14,811
Oct 20171851,43949.292.98$13,412
Sep 2017063047.523.09$1,945
Aug 201718280445.373.00$10,673
Jul 2017186043.873.09$8,160
Jun 201718714542.493.09$8,393
May 201736073545.373.26$18,732
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016185048.763.72$9,021
Nov 20160042.492.64$0
Oct 201619364846.193.09$10,917
Sep 201618430841.553.10$8,600
Aug 20161,08514541.442.92$45,386
Jul 2016082941.622.92$2,424

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.

Apr 2022 — as filed, then multipliedworked
Oil                   94 bbl  × $104.22 =     $9,797
Casinghead gas         0 Mcf  × $  6.84 =         $0

────────────────────────────────────────────────────
Month total                                   $9,797

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/27171 is the state's own key, not one this site invented.