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 18811315CondensateGasSaveExport
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

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
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.