MUSTANG ISLAND BLOCK 883-S

Operated by FIELDWOOD ENERGY LLC (P-5 267773) in the MSTG ISL BLK 883 (MARG TEX 1A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 179803District 04Field 64129248CondensateGasSaveExport
Value, all time
$10.7 M
Mar 2000 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
175
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
2000-03-26
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
CondensateDisposition23,026 bbl$850,209
GasProduction2,133,207 Mcf$9,865,934
Total$10,716,143

Every month this lease reported (175)

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

175 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200810131.0811.39$131
Jun 200880131.3313.03$1,051
May 20081661123.1711.57$7,774
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200834090.388.21$3,073
Dec 2007934,88988.337.30$43,914
Nov 20071254,74991.677.29$46,087
Oct 20071476,91182.856.92$60,017
Sep 20071865,85575.846.24$50,666
Aug 20071498,09069.066.39$61,968
Jul 2007787,57470.906.39$53,912
Jun 20071315,55262.007.55$50,031
May 20071579,14558.747.85$80,976
Apr 20071609,38459.617.81$82,782
Mar 20071699,69356.927.30$80,397
Feb 200717310,56355.108.22$96,318
Jan 200717512,20750.306.73$90,917
Dec 200623111,30956.656.92$91,327
Nov 200616411,96554.207.62$100,032
Oct 200621110,68454.906.01$75,835
Sep 200621514,05160.085.04$83,695
Aug 200633518,58368.717.34$159,416
Jul 200640719,74369.376.34$153,459
Jun 200633719,73466.286.38$148,316
May 200641624,56266.016.42$185,271
Apr 200650027,70264.397.36$236,095
Mar 200651327,84756.707.08$226,325
Feb 200649040,96157.597.75$345,713
Jan 200661852,45060.598.93$505,997
Dec 200557220,90854.9413.42$311,915
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 200259026.464.23$1,561
Sep 200219627,30727.443.64$104,645
Aug 200210024,24225.963.16$79,302
Jul 200213827,54724.583.06$87,734
Jun 200214427,22523.733.34$94,301
May 200223630,86424.663.58$116,436
Apr 200257836,70623.653.51$142,593
Mar 200247975,40022.003.10$244,483
Feb 200216767,16918.222.38$162,615
Jan 200216971,92817.172.38$173,780
Dec 200118177,36416.932.36$185,984
Nov 200119579,88418.072.41$195,686
Oct 200121589,81819.782.53$231,392
Sep 200121691,51024.262.25$211,258
Aug 200121192,24224.873.05$286,877
Jul 200146499,03023.933.20$327,710
Jun 20014,935101,34024.563.82$508,744
May 200130573,57125.524.31$324,677
Apr 200120319,32224.685.34$108,099
Mar 20011,16198,38424.545.38$557,447
Feb 20011,14883,52027.755.77$513,524
Jan 200175165,25927.478.40$568,725
Dec 2000434,41426.889.12$41,423
Nov 200036143,41332.215.66$257,259
Oct 2000943103,01931.235.15$559,534
Sep 20001,503131,67231.875.19$730,817
Aug 20001,12995,28529.644.54$466,129
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
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.

Jul 2008 — as filed, then multipliedworked
Condensate             1 bbl  × $131.08 =       $131
Gas                    0 Mcf  × $ 11.39 =         $0

────────────────────────────────────────────────────
Month total                                     $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/179803 is the state's own key, not one this site invented.