N. PADRE ISLAND 883L/899L UNIT

Name: N. PADRE ISLAND 883L/899L UNIT lease production and value, Sep 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FIELDWOOD ENERGY LLC (P-5 267773) in the NPI 883-L (FRIO SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180199District 04Field 64261200CondensateGasSave Export

Value, all time

$37.3 M

Sep 2000 – Aug 2014

Value, last 12 filed months

at the published price for each month

Months reported

168

no gaps in the span

Streams

condensate, gas

The NPI 883-L (FRIO SAND) field

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

2000-09-11

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: “AOF-1 AND AOF-2 EFFECTIVE 02/01/2003.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	43,719 bbl	$1,359,022
Gas	Production	6,806,381 Mcf	$35,943,349
Total			$37,302,371

Every month this lease reported (168)

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

168 months


Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	77	0	89.38	3.40	$6,882
Sep 2012	0	1,422	94.67	2.92	$4,150
Aug 2012	20	4,974	92.66	2.91	$16,318
Jul 2012	46	5,290	85.13	3.02	$19,896
Jun 2012	7	4,218	79.82	2.52	$11,184
May 2012	27	5,817	91.61	2.49	$16,948
Apr 2012	38	5,724	101.65	2.00	$15,292
Mar 2012	51	7,329	105.05	2.22	$21,643
Feb 2012	0	6,428	101.10	2.57	$16,522
Jan 2012	0	3,109	98.09	2.73	$8,500
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	1	0	83.40	4.15	$83
Jul 2011	3	1,987	94.14	4.52	$9,258
Jun 2011	8	2,674	92.90	4.64	$13,150
May 2011	10	3,250	98.13	4.40	$15,297
Apr 2011	6	4,312	105.96	4.33	$19,321
Mar 2011	20	6,033	96.36	4.06	$26,405
Feb 2011	15	3,957	85.64	4.18	$17,825
Jan 2011	17	10,758	86.50	4.59	$50,837
Dec 2010	22	6,825	85.73	4.35	$31,559
Nov 2010	10	5,866	80.84	3.80	$23,072
Oct 2010	32	11,113	78.10	3.51	$41,493
Sep 2010	15	6,508	72.63	3.98	$26,988
Aug 2010	24	5,637	73.68	4.42	$26,680
Jul 2010	70	4,148	72.55	4.74	$24,725
Jun 2010	17	4,692	70.36	4.91	$24,236
May 2010	50	9,039	71.12	4.24	$41,838
Apr 2010	33	5,902	81.69	4.12	$27,028
Mar 2010	27	5,889	78.39	4.39	$27,961
Feb 2010	20	4,838	73.58	5.44	$27,802
Jan 2010	46	7,076	74.36	5.96	$45,622
Dec 2009	29	10,277	71.44	5.48	$58,428
Nov 2009	32	11,001	74.59	3.75	$43,657
Oct 2009	120	13,309	72.54	4.11	$63,408
Sep 2009	3	14,612	65.54	3.06	$44,979
Aug 2009	131	12,867	67.42	3.22	$50,244
Jul 2009	19	13,020	61.13	3.46	$46,269
Jun 2009	29	11,700	66.16	3.90	$47,490
May 2009	3	11,380	54.74	3.93	$44,839
Apr 2009	54	13,068	46.77	3.59	$49,407
Mar 2009	47	15,106	42.14	4.06	$63,296
Feb 2009	150	17,209	32.81	4.63	$84,651
Jan 2009	80	8,229	35.86	5.37	$47,067
Dec 2008	152	1,974	37.10	5.98	$17,438
Nov 2008	77	11,529	55.49	6.86	$83,366
Oct 2008	84	9,899	75.24	6.92	$74,841
Sep 2008	14	10,339	101.76	7.88	$82,866
Aug 2008	72	8,818	114.22	8.48	$83,027
Jul 2008	33	11,657	131.08	11.39	$137,092
Jun 2008	39	9,928	131.33	13.03	$134,510
May 2008	14	15,182	123.17	11.57	$177,445
Apr 2008	39	22,274	110.31	10.45	$237,174
Mar 2008	86	21,869	101.90	9.66	$220,107
Feb 2008	76	22,489	92.53	8.77	$204,274
Jan 2008	46	20,475	90.38	8.21	$172,170
Dec 2007	70	21,573	88.33	7.30	$163,709
Nov 2007	49	22,083	91.67	7.29	$165,514
Oct 2007	60	20,886	82.85	6.92	$149,543
Sep 2007	40	17,658	75.84	6.24	$113,293
Aug 2007	125	18,226	69.06	6.39	$125,059
Jul 2007	46	20,453	70.90	6.39	$133,914
Jun 2007	91	21,602	62.00	7.55	$168,704
May 2007	63	20,517	58.74	7.85	$164,683
Apr 2007	53	26,098	59.61	7.81	$206,859
Mar 2007	114	24,462	56.92	7.30	$185,110
Feb 2007	102	19,931	55.10	8.22	$169,373
Jan 2007	151	20,215	50.30	6.73	$143,579
Dec 2006	81	28,920	56.65	6.92	$204,670
Nov 2006	105	24,598	54.20	7.62	$193,066
Oct 2006	128	24,365	54.90	6.01	$153,553
Sep 2006	35	23,448	60.08	5.04	$120,215
Aug 2006	154	26,870	68.71	7.34	$207,805
Jul 2006	89	27,918	69.37	6.34	$183,251
Jun 2006	88	31,960	66.28	6.38	$209,861
May 2006	202	27,300	66.01	6.42	$188,737
Apr 2006	274	22,127	64.39	7.36	$180,508
Mar 2006	374	26,359	56.70	7.08	$207,904
Feb 2006	210	20,174	57.59	7.75	$168,465
Jan 2006	23	26,234	60.59	8.93	$235,750
Dec 2005	73	28,104	54.94	13.42	$381,037
Nov 2005	45	23,537	54.69	10.59	$251,680
Oct 2005	106	27,387	58.34	13.80	$384,009
Sep 2005	87	24,198	61.45	12.08	$297,634
Aug 2005	121	28,257	61.51	9.80	$284,272
Jul 2005	93	25,224	55.69	7.84	$203,027
Jun 2005	73	26,120	52.33	7.38	$196,613
May 2005	73	31,181	45.22	6.65	$210,691
Apr 2005	221	34,582	49.20	7.36	$265,413
Mar 2005	131	39,265	50.37	7.15	$287,535
Feb 2005	180	30,136	45.22	6.31	$198,356
Jan 2005	145	33,889	43.16	6.32	$220,511
Dec 2004	44	30,881	39.86	6.75	$210,234
Nov 2004	120	35,750	45.28	6.33	$231,746
Oct 2004	100	32,601	49.70	6.52	$217,369
Sep 2004	104	34,023	43.24	5.28	$184,271
Aug 2004	83	36,059	42.37	5.55	$203,668
Jul 2004	185	37,271	38.28	6.08	$233,845
Jun 2004	136	42,309	36.10	6.43	$277,084
May 2004	350	46,340	37.48	6.49	$314,077
Apr 2004	281	45,699	34.47	5.86	$277,412
Mar 2004	83	49,511	34.36	5.53	$276,655
Feb 2004	157	43,649	32.45	5.51	$245,584
Jan 2004	210	51,796	32.03	6.30	$333,022
Dec 2003	365	55,373	30.26	6.30	$359,986
Nov 2003	430	55,538	28.80	4.60	$267,590
Oct 2003	383	54,491	28.17	4.76	$270,147
Sep 2003	210	56,649	26.31	4.75	$274,572
Aug 2003	206	59,873	29.76	5.13	$313,262
Jul 2003	226	70,297	29.41	5.17	$370,141
Jun 2003	383	66,835	28.56	5.98	$410,810
May 2003	518	76,253	26.59	5.97	$469,208
Apr 2003	485	81,155	26.67	5.41	$451,763
Mar 2003	633	98,158	31.14	6.10	$618,087
Feb 2003	450	76,532	33.48	7.93	$621,649
Jan 2003	393	78,690	30.31	5.58	$451,163
Dec 2002	770	89,630	26.91	4.85	$455,763
Nov 2002	135	101,915	24.66	4.14	$424,947
Oct 2002	430	104,981	26.46	4.23	$455,355
Sep 2002	469	102,815	27.44	3.64	$386,622
Aug 2002	24	52,564	25.96	3.16	$166,944
Jul 2002	239	75,815	24.58	3.06	$238,002
Jun 2002	515	75,919	23.73	3.34	$265,657
May 2002	849	105,769	24.66	3.58	$400,012
Apr 2002	916	98,693	23.65	3.51	$368,305
Mar 2002	987	109,480	22.00	3.10	$361,400
Feb 2002	898	103,172	18.22	2.38	$261,465
Jan 2002	1,069	120,566	17.17	2.38	$304,781
Dec 2001	1,107	124,317	16.93	2.36	$312,677
Nov 2001	1,091	128,562	18.07	2.41	$328,973
Oct 2001	1,238	155,827	19.78	2.53	$418,555
Sep 2001	1,255	157,334	24.26	2.25	$384,655
Aug 2001	1,633	175,045	24.87	3.05	$575,053
Jul 2001	2,063	202,362	23.93	3.20	$696,335
Jun 2001	1,648	212,113	24.56	3.82	$851,629
May 2001	2,131	231,848	25.52	4.31	$1,053,027
Apr 2001	1,900	238,255	24.68	5.34	$1,318,059
Mar 2001	2,167	237,215	24.54	5.38	$1,328,550
Feb 2001	2,234	221,641	27.75	5.77	$1,340,215
Jan 2001	2,018	249,795	27.47	8.40	$2,153,403
Dec 2000	2,015	223,963	26.88	9.12	$2,097,266
Nov 2000	1,167	222,362	32.21	5.66	$1,295,713
Oct 2000	0	179,807	31.23	5.15	$925,197
Sep 2000	0	0	31.87	5.19	$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 2012 — as filed, then multipliedworked

Condensate            77 bbl  × $ 89.38 =     $6,882
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $6,882

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/180199 is the state's own key, not one this site invented.