N. PADRE ISLAND 883-L/899-L UNIT

Name: N. PADRE ISLAND 883-L/899-L UNIT lease production and value, Jan 2001 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 (MT-1A SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181502District 04Field 64261225CondensateGasSave Export

Value, all time

$40.0 M

Jan 2001 – Aug 2015

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

176

no gaps in the span

Streams

condensate, gas

The NPI 883-L (MT-1A 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

2001-06-01

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 07/01/2005.”

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	317,457 bbl	$12,675,618
Gas	Production	5,914,779 Mcf	$27,349,520
Total			$40,025,139

Every month this lease reported (176)

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

176 months


Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	161	0	56.15	2.88	$9,040
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
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	32	0	102.52	3.72	$3,281
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	2	0	93.96	4.28	$188
Mar 2013	98	0	93.62	3.91	$9,175
Feb 2013	110	0	91.23	3.42	$10,035
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	165	0	86.77	3.42	$14,317
Nov 2012	330	1,253	86.95	3.62	$33,236
Oct 2012	2,154	13,623	89.38	3.40	$238,838
Sep 2012	0	13,147	94.67	2.92	$38,368
Aug 2012	515	12,691	92.66	2.91	$84,627
Jul 2012	1,197	13,564	85.13	3.02	$142,875
Jun 2012	178	16,104	79.82	2.52	$54,775
May 2012	710	19,595	91.61	2.49	$113,802
Apr 2012	1,064	20,105	101.65	2.00	$148,301
Mar 2012	1,919	21,439	105.05	2.22	$249,230
Feb 2012	187	17,630	101.10	2.57	$64,219
Jan 2012	560	21,834	98.09	2.73	$114,626
Dec 2011	439	20,232	96.87	3.24	$108,072
Nov 2011	147	24,443	95.72	3.31	$95,008
Oct 2011	146	18,842	84.98	3.65	$81,153
Sep 2011	835	15,538	83.62	3.99	$131,754
Aug 2011	699	19,981	83.40	4.15	$141,204
Jul 2011	576	17,524	94.14	4.52	$133,385
Jun 2011	719	13,626	92.90	4.64	$130,018
May 2011	707	11,469	98.13	4.40	$119,897
Apr 2011	430	10,968	105.96	4.33	$93,090
Mar 2011	1,271	13,032	96.36	4.06	$175,349
Feb 2011	685	14,733	85.64	4.18	$120,247
Jan 2011	710	27,512	86.50	4.59	$187,662
Dec 2010	1,106	13,748	85.73	4.35	$154,590
Nov 2010	680	17,359	80.84	3.80	$120,854
Oct 2010	1,704	16,137	78.10	3.51	$189,705
Sep 2010	811	19,595	72.63	3.98	$136,881
Aug 2010	1,019	24,882	73.68	4.42	$185,042
Jul 2010	2,282	19,712	72.55	4.74	$258,925
Jun 2010	779	22,704	70.36	4.91	$166,296
May 2010	1,977	23,383	71.12	4.24	$239,636
Apr 2010	657	12,220	81.69	4.12	$104,050
Mar 2010	748	15,172	78.39	4.39	$125,221
Feb 2010	782	6,585	73.58	5.44	$93,378
Jan 2010	1,489	13,537	74.36	5.96	$191,458
Dec 2009	830	17,724	71.44	5.48	$156,489
Nov 2009	946	18,661	74.59	3.75	$140,569
Oct 2009	2,848	22,857	72.54	4.11	$300,542
Sep 2009	27	20,945	65.54	3.06	$65,961
Aug 2009	1,489	14,131	67.42	3.22	$145,869
Jul 2009	464	15,973	61.13	3.46	$83,703
Jun 2009	846	15,381	66.16	3.90	$115,880
May 2009	65	15,039	54.74	3.93	$62,597
Apr 2009	1,337	15,750	46.77	3.59	$119,035
Mar 2009	569	18,963	42.14	4.06	$100,948
Feb 2009	1,215	20,568	32.81	4.63	$135,156
Jan 2009	398	24,492	35.86	5.37	$145,819
Dec 2008	482	3,011	37.10	5.98	$35,879
Nov 2008	552	17,237	55.49	6.86	$148,883
Oct 2008	1,086	18,371	75.24	6.92	$208,874
Sep 2008	239	13,718	101.76	7.88	$132,379
Aug 2008	1,165	18,724	114.22	8.48	$291,902
Jul 2008	919	20,359	131.08	11.39	$352,340
Jun 2008	1,813	20,782	131.33	13.03	$508,945
May 2008	728	23,129	123.17	11.57	$357,370
Apr 2008	1,218	25,397	110.31	10.45	$399,880
Mar 2008	2,024	25,921	101.90	9.66	$456,748
Feb 2008	1,563	20,281	92.53	8.77	$322,501
Jan 2008	955	20,076	90.38	8.21	$251,051
Dec 2007	1,297	17,633	88.33	7.30	$243,320
Nov 2007	1,086	24,905	91.67	7.29	$281,153
Oct 2007	914	14,779	82.85	6.92	$178,025
Sep 2007	771	12,793	75.84	6.24	$138,354
Aug 2007	1,058	17,261	69.06	6.39	$183,328
Jul 2007	493	14,806	70.90	6.39	$129,534
Jun 2007	1,154	17,714	62.00	7.55	$205,261
May 2007	921	18,397	58.74	7.85	$198,448
Apr 2007	604	15,295	59.61	7.81	$155,385
Mar 2007	869	12,299	56.92	7.30	$139,270
Feb 2007	594	12,304	55.10	8.22	$133,819
Jan 2007	997	15,709	50.30	6.73	$155,821
Dec 2006	706	22,440	56.65	6.92	$195,245
Nov 2006	893	15,618	54.20	7.62	$167,370
Oct 2006	1,014	18,245	54.90	6.01	$165,390
Sep 2006	296	17,661	60.08	5.04	$106,746
Aug 2006	1,554	20,906	68.71	7.34	$260,224
Jul 2006	1,224	24,267	69.37	6.34	$238,829
Jun 2006	1,031	24,641	66.28	6.38	$225,640
May 2006	1,330	23,011	66.01	6.42	$235,639
Apr 2006	983	18,427	64.39	7.36	$198,927
Mar 2006	1,372	24,515	56.70	7.08	$251,430
Feb 2006	1,394	16,002	57.59	7.75	$204,314
Jan 2006	686	27,323	60.59	8.93	$285,650
Dec 2005	1,855	36,815	54.94	13.42	$595,802
Nov 2005	938	31,664	54.69	10.59	$386,570
Oct 2005	2,427	35,887	58.34	13.80	$636,680
Sep 2005	1,729	32,516	61.45	12.08	$499,008
Aug 2005	1,531	34,904	61.51	9.80	$436,121
Jul 2005	1,553	29,714	55.69	7.84	$319,552
Jun 2005	2,148	35,445	52.33	7.38	$374,026
May 2005	1,673	34,335	45.22	6.65	$304,021
Apr 2005	1,527	23,135	49.20	7.36	$245,413
Mar 2005	1,118	25,580	50.37	7.15	$239,335
Feb 2005	1,199	23,429	45.22	6.31	$202,101
Jan 2005	1,165	24,401	43.16	6.32	$204,549
Dec 2004	915	27,813	39.86	6.75	$224,240
Nov 2004	1,705	27,787	45.28	6.33	$253,106
Oct 2004	1,440	27,560	49.70	6.52	$251,124
Sep 2004	1,320	29,021	43.24	5.28	$210,421
Aug 2004	877	27,712	42.37	5.55	$190,978
Jul 2004	1,636	30,376	38.28	6.08	$247,439
Jun 2004	1,661	30,429	36.10	6.43	$255,712
May 2004	2,211	31,516	37.48	6.49	$287,551
Apr 2004	8,493	33,343	34.47	5.86	$488,092
Mar 2004	1,593	36,813	34.36	5.53	$258,317
Feb 2004	2,625	39,345	32.45	5.51	$301,957
Jan 2004	2,237	49,171	32.03	6.30	$381,411
Dec 2003	3,179	53,869	30.26	6.30	$435,660
Nov 2003	2,505	51,323	28.80	4.60	$307,981
Oct 2003	2,499	52,052	28.17	4.76	$318,146
Sep 2003	2,742	47,295	26.31	4.75	$296,763
Aug 2003	2,817	55,668	29.76	5.13	$369,395
Jul 2003	2,685	56,848	29.41	5.17	$372,918
Jun 2003	3,751	61,414	28.56	5.98	$474,566
May 2003	3,405	60,236	26.59	5.97	$450,309
Apr 2003	3,347	62,637	26.67	5.41	$427,960
Mar 2003	4,623	72,309	31.14	6.10	$584,759
Feb 2003	3,793	79,300	33.48	7.93	$755,512
Jan 2003	3,267	84,797	30.31	5.58	$572,363
Dec 2002	4,691	83,046	26.91	4.85	$529,320
Nov 2002	807	106,434	24.66	4.14	$460,214
Oct 2002	4,761	114,425	26.46	4.23	$609,893
Sep 2002	6,942	109,332	27.44	3.64	$587,932
Aug 2002	1,437	25,617	25.96	3.16	$118,361
Jul 2002	6,798	112,426	24.58	3.06	$511,316
Jun 2002	6,800	111,598	23.73	3.34	$533,905
May 2002	7,665	135,825	24.66	3.58	$675,816
Apr 2002	8,977	137,823	23.65	3.51	$696,385
Mar 2002	8,937	149,740	22.00	3.10	$661,215
Feb 2002	7,831	128,760	18.22	2.38	$448,573
Jan 2002	13,103	218,552	17.17	2.38	$744,188
Dec 2001	13,049	236,144	16.93	2.36	$779,258
Nov 2001	11,732	232,216	18.07	2.41	$770,597
Oct 2001	11,766	218,976	19.78	2.53	$786,496
Sep 2001	10,772	232,220	24.26	2.25	$784,130
Aug 2001	9,956	228,015	24.87	3.05	$943,772
Jul 2001	11,485	234,140	23.93	3.20	$1,023,400
Jun 2001	7,960	124,671	24.56	3.82	$672,259
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$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.

Jun 2015 — as filed, then multipliedworked

Condensate           161 bbl  × $ 56.15 =     $9,040
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $9,040

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/181502 is the state's own key, not one this site invented.