STATE TRACT 833-S

Operated by FOREST OIL CORPORATION (P-5 275740) in the CLEAR, SOUTH (FRIO 9200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159850District 04Field 18811315CondensateGasSaveExport
Value, all time
$3.2 M
Jul 1996 – Jan 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
115
no gaps in the span
Streams
2
condensate, 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 other leases, and the rule below applies to all of them.

Discovered
1988-04-22
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 06/01/90.

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
CondensateDisposition19,721 bbl$370,052
GasProduction1,352,248 Mcf$2,797,368
Total$3,167,421

186,159 Mcf of this lease's gas, across 6 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 (115)

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

115 months

Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001011419.782.53$288
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200101323.933.20$42
Jun 20016024.563.82$147
May 2001429225.524.31$1,360
Apr 20011224.685.34$35
Mar 200112124.545.38$137
Feb 200101327.755.77$75
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000153032.215.66$4,928
Oct 200023420131.235.15$8,342
Sep 20001481,34231.875.19$11,677
Aug 20001132,46629.644.54$14,547
Jul 200098,31028.534.09$34,243
Jun 2000178,59229.304.40$38,279
May 20003510,47127.263.68$39,485
Apr 20003515,03024.513.12$47,691
Mar 20002213,06228.422.86$37,979
Feb 20004211,30727.622.73$31,989
Jan 2000319,82325.272.48$25,149
Dec 19993410,30324.282.42$25,797
Nov 19992197,61823.192.43$23,621
Oct 19996312,44820.982.80$36,222
Sep 1999727,80521.752.62$22,006
Aug 1999011,54519.262.88$33,199
Jul 199919211,67517.892.37$31,132
Jun 19993087,38015.942.36$22,342
May 199930019,72115.792.32$50,510
Apr 1999021,84115.102.21$48,226
Mar 199917742,24112.471.84$79,860
Feb 199921942,7129.981.82$79,827
Jan 19991,08950,08010.381.90$106,453
Dec 199827659,4299.201.77$107,926
Nov 1998028,22010.892.19$61,681
Oct 199819824,56412.421.97$50,831
Sep 199816522,69612.592.08$49,344
Aug 199829322,96011.301.91$47,104
Jul 1998025,01411.742.24$55,963
Jun 199811125,88411.242.24$59,157
May 199815630,24912.622.21$68,708
Apr 199821927,89313.042.51$72,737
Mar 199834933,45612.802.31$81,732
Feb 199837727,20413.952.30$67,805
Jan 199829429,75714.702.15$68,442
Dec 199755938,35316.322.41$101,596
Nov 199713838,50318.193.09$121,417
Oct 199752445,16219.253.15$152,339
Sep 199743844,08917.742.95$138,048
Aug 199746530,53617.862.55$86,316
Jul 199755034,77417.582.25$87,804
Jun 19971,16640,05717.242.26$110,519
May 19971,03441,91118.972.31$116,367
Apr 19971,12941,57117.882.08$106,770
Mar 19971,20241,82718.951.94$103,886
Feb 19971,99240,17320.492.21$129,434
Jan 19971,69845,37923.483.54$200,497
Dec 19961,19547,11023.32$27,867
Nov 19961,01745,98521.97$22,343
Oct 199665242,50923.31$15,198
Sep 1996023,92422.22$0
Aug 1996022,24020.26$0
Jul 199604,39119.55$0

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.

Oct 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 19.78 =         $0
Gas                  114 Mcf  × $  2.53 =       $288

────────────────────────────────────────────────────
Month total                                     $288

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. 04/G/159850 is the state's own key, not one this site invented.