STATE TRACT 840-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 174813District 04Field 18811315CondensateGasSave
Value, all time
$11.5 M
Oct 1999 – Jan 2006
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
76
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition37,898 bbl$989,692
GasProduction2,607,318 Mcf$10,538,006
Total$11,527,698

Every month this lease reported (76)

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

76 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 2005146055.697.84$8,131
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 200444032.455.51$1,428
Jan 20040032.036.30$0
Dec 200366030.266.30$1,997
Nov 200356028.804.60$1,613
Oct 200349028.174.76$1,380
Sep 200370026.314.75$1,842
Aug 20034029.765.13$119
Jul 20039029.415.17$265
Jun 200365028.565.98$1,856
May 2003144726.595.97$3,871
Apr 200303,97526.675.41$21,494
Mar 2003010,46931.146.10$63,819
Feb 200302,36533.487.93$18,745
Jan 200303030.315.58$167
Dec 200208126.914.85$393
Nov 2002152,83424.664.14$12,094
Oct 2002538,94126.464.23$39,215
Sep 200206,80027.443.64$24,719
Aug 200208,94725.963.16$28,310
Jul 2002166,64524.583.06$20,739
Jun 20021309623.733.34$3,405
May 20021155,00624.663.58$20,777
Apr 200228219,42023.653.51$74,879
Mar 200223025,88422.003.10$85,371
Feb 200232625,00118.222.38$65,334
Jan 200259237,02317.172.38$98,119
Dec 200175540,42216.932.36$108,356
Nov 200150060,09618.072.41$153,597
Oct 20011,24797,74019.782.53$271,838
Sep 20016850,05024.262.25$114,328
Aug 20011,05842,27424.873.05$155,382
Jul 200169998,94323.933.20$333,056
Jun 20011,819108,35824.563.82$459,053
May 20011,448117,63725.524.31$543,653
Apr 20011,195121,54324.685.34$677,963
Mar 20011,152114,02524.545.38$641,319
Feb 20011,405108,92427.755.77$667,162
Jan 20011,34454,61627.478.40$495,626
Dec 20001,71662,17826.889.12$613,345
Nov 20001,321107,18632.215.66$649,008
Oct 20001,462120,25231.235.15$664,415
Sep 2000926114,73731.875.19$624,595
Aug 20001,803105,41029.644.54$532,081
Jul 20001,302119,80128.534.09$527,102
Jun 20001,03768,06929.304.40$329,701
May 20002,22986,15127.263.68$377,777
Apr 20002,07299,08624.513.12$359,537
Mar 20001,06682,69728.422.86$266,788
Feb 20002,13241,76327.622.73$172,753
Jan 20001,846115,53225.272.48$333,226
Dec 19992,365131,46124.282.42$376,047
Nov 19991,519123,13823.192.43$334,942
Oct 1999051,70520.982.80$144,966

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.

Jul 2005 — as filed, then multipliedworked
Condensate           146 bbl  × $ 55.69 =     $8,131
Gas                    0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                   $8,131

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/174813 is the state's own key, not one this site invented.