MUSTANG ISLAND BLOCK 883-S

Operated by APACHE CORPORATION (P-5 27200) in the MSTG ISL BLK 883 (MARG TEX 1C) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 178818District 04Field 64129250CondensateGasSaveExport
Value, all time
$78.5 M
Mar 2000 – Apr 2011
Value, last 12 filed months
$337 k
at the published price for each month
Months reported
134
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
2000-03-22
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

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
CondensateDisposition306,823 bbl$9,138,696
GasProduction13,407,594 Mcf$69,390,724
Total$78,529,419

Every month this lease reported (134)

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

134 months

Apr 20111460105.964.33$15,470
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20101854,92880.843.80$33,659
Oct 20101809,07578.103.51$45,901
Sep 201008,81872.633.98$35,091
Aug 20101799,34773.684.42$54,496
Jul 201008,37272.554.74$39,654
Jun 20102258,32270.364.91$56,695
May 201017710,14971.124.24$55,571
Apr 2010010,41581.694.12$42,938
Mar 201017310,35878.394.39$59,019
Feb 20101789,85273.585.44$66,715
Jan 201018111,67874.365.96$83,108
Dec 200918411,56871.445.48$76,581
Nov 200918811,80474.593.75$58,306
Oct 200918412,16772.544.11$63,357
Sep 200917012,36265.543.06$49,028
Aug 200919212,66567.423.22$53,707
Jul 2009011,35861.133.46$39,350
Jun 200917712,28466.163.90$59,557
May 200917812,96154.743.93$60,625
Apr 2009013,44046.773.59$48,216
Mar 200936414,51942.144.06$74,272
Feb 2009013,75732.814.63$63,736
Jan 200918914,89735.865.37$86,789
Dec 200818413,74937.105.98$89,006
Nov 200818313,77155.496.86$104,629
Oct 200818315,35975.246.92$120,084
Sep 200811611,628101.767.88$103,399
Aug 200817715,440114.228.48$151,195
Jul 200818016,327131.0811.39$209,550
Jun 200817019,362131.3313.03$274,664
May 200822115,708123.1711.57$209,030
Apr 200821617,143110.3110.45$203,055
Mar 200820418,841101.909.66$202,868
Feb 200821116,88792.538.77$167,633
Jan 200812819,72590.388.21$173,427
Dec 200726725,08188.337.30$206,725
Nov 200724524,22291.677.29$199,079
Oct 200722127,64082.856.92$209,633
Sep 200734929,86275.846.24$212,931
Aug 200738131,01769.066.39$224,447
Jul 200725030,96070.906.39$215,496
Jun 200740431,30062.007.55$261,314
May 200739434,18058.747.85$291,329
Apr 200738834,65159.617.81$293,587
Mar 200738234,66156.927.30$274,837
Feb 200737631,01055.108.22$275,496
Jan 200737841,36950.306.73$297,296
Dec 200650338,32756.656.92$293,658
Nov 200638141,28954.207.62$335,168
Oct 200651142,45354.906.01$283,358
Sep 200632245,53260.085.04$248,700
Aug 200639348,31668.717.34$381,639
Jul 200647851,95969.376.34$362,722
Jun 200639651,30866.286.38$353,791
May 200649956,88666.016.42$398,432
Apr 200659556,53264.397.36$454,415
Mar 200658963,29456.707.08$481,703
Feb 200656043,70857.597.75$371,036
Jan 200671253,95360.598.93$525,119
Dec 200561528,34454.9413.42$414,034
Nov 200555144,69954.6910.59$503,425
Oct 200573654,41858.3413.80$793,676
Sep 200574258,57561.4512.08$753,123
Aug 200573059,80661.519.80$630,812
Jul 200572662,60855.697.84$531,506
Jun 200572763,26752.337.38$505,020
May 200591367,78445.226.65$492,128
Apr 200590668,74349.207.36$550,557
Mar 20051,11274,51950.377.15$589,186
Feb 20051,11769,07645.226.31$486,513
Jan 20051,09277,59443.166.32$537,696
Dec 20041,52885,77439.866.75$639,973
Nov 200481594,49545.286.33$635,096
Oct 20041,376101,39249.706.52$728,966
Sep 20041,094110,44243.245.28$630,869
Aug 20041,275119,19542.375.55$715,633
Jul 20041,463125,13438.286.08$817,341
Jun 2004819125,20036.106.43$834,980
May 20041,622134,94037.486.49$937,171
Apr 20042,097136,58934.475.86$872,485
Mar 20042,059150,35934.365.53$902,254
Feb 20041,858135,84732.455.51$808,757
Jan 20042,269164,36232.036.30$1,108,098
Dec 20032,251173,23330.266.30$1,159,767
Nov 20032,102172,25528.804.60$852,077
Oct 20032,641186,25728.174.76$960,913
Sep 20032,614186,14926.314.75$952,863
Aug 20032,353181,06929.765.13$998,859
Jul 20032,965170,35429.415.17$968,074
Jun 20032,581203,31928.565.98$1,290,163
May 20033,344215,62626.595.97$1,376,782
Apr 20033,357219,29926.675.41$1,275,342
Mar 20033,936228,83331.146.10$1,517,542
Feb 20034,051213,03233.487.93$1,824,094
Jan 20034,145241,02330.315.58$1,471,035
Dec 20024,533216,49026.914.85$1,172,774
Nov 20024,120179,09424.664.14$842,504
Oct 20024,499199,83526.464.23$964,170
Sep 20023,565164,45427.443.64$695,647
Aug 20024,241217,07825.963.16$796,966
Jul 20025,110220,37924.583.06$800,351
Jun 20024,961217,80023.733.34$844,793
May 20024,978228,45424.663.58$941,537
Apr 20025,058220,23023.653.51$893,140
Mar 20025,564200,26622.003.10$743,777
Feb 20025,956177,18518.222.38$529,453
Jan 20026,241197,39617.172.38$576,108
Dec 20016,889219,46716.932.36$635,539
Nov 20017,456227,15118.072.41$681,146
Oct 20018,207254,79819.782.53$806,688
Sep 20018,263260,20924.262.25$786,274
Aug 20018,240271,43724.873.05$1,033,669
Jul 20018,956258,52423.933.20$1,040,839
Jun 20014,810250,27624.563.82$1,075,229
May 20018,508251,88325.524.31$1,302,065
Apr 20018,962291,47824.685.34$1,776,311
Mar 200110,090282,64524.545.38$1,767,232
Feb 20019,945270,52027.755.77$1,836,084
Jan 200110,889301,15727.478.40$2,828,466
Dec 20005,239183,91226.889.12$1,818,562
Nov 20007,763178,10932.215.66$1,257,787
Oct 200010,875240,81531.235.15$1,578,740
Sep 200011,985270,07731.875.19$1,782,716
Aug 200012,512316,14329.644.54$1,806,382
Jul 200010,710337,47028.534.09$1,685,724
Jun 20005,566197,06229.304.40$1,029,615
May 20001,84564,67327.263.68$288,275
Apr 200010818,97024.513.12$61,758
Mar 20000028.422.86$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.

Apr 2011 — as filed, then multipliedworked
Condensate           146 bbl  × $105.96 =    $15,470
Gas                    0 Mcf  × $  4.33 =         $0

────────────────────────────────────────────────────
Month total                                  $15,470

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/178818 is the state's own key, not one this site invented.