STATE TRACT 693-L

Operated by LLOG EXPLORATION TEXAS, L.P. (P-5 504594) in the MI 828-S (B7-B FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198116District 04Field 56220050CondensateGasSaveExport
Value, all time
$8.1 M
Jun 2003 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
109
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
2003-06-30
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
CondensateDisposition43,971 bbl$1,655,872
GasProduction1,070,100 Mcf$6,473,242
Total$8,129,114

Every month this lease reported (109)

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

109 months

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 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007041462.007.55$3,125
May 2007581,81458.747.85$17,640
Apr 2007801,29159.617.81$14,845
Mar 20071221,64456.927.30$18,949
Feb 20071501,01455.108.22$16,596
Jan 20071342,00650.306.73$20,234
Dec 20061303,82756.656.92$33,841
Nov 2006872,05854.207.62$20,392
Oct 20060054.906.01$0
Sep 20061863,16560.085.04$27,118
Aug 20062544,55668.717.34$50,893
Jul 20062969,25669.376.34$79,242
Jun 200662517,71366.286.38$154,503
May 200672220,56966.016.42$179,815
Apr 20062051,61864.397.36$25,109
Mar 20060056.707.08$0
Feb 20061330757.597.75$3,128
Jan 20062074,04160.598.93$48,642
Dec 20052067,87654.9413.42$116,977
Nov 20050054.6910.59$0
Oct 20050558.3413.80$69
Sep 20050061.4512.08$0
Aug 2005838861.519.80$4,293
Jul 2005721,75755.697.84$17,791
Jun 20051613,96852.337.38$37,713
May 20053256,99745.226.65$61,235
Apr 200547511,52149.207.36$108,170
Mar 200585316,41550.377.15$160,413
Feb 200554524,49545.226.31$179,255
Jan 200533321,08243.166.32$147,657
Dec 20044254839.866.75$5,374
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20042,69327,97143.245.28$264,241
Aug 20043,42247,72442.375.55$409,890
Jul 20046,76433,03538.286.08$459,917
Jun 200426941,34836.106.43$275,703
May 200435564,62837.486.49$433,037
Apr 20043,14577,48034.475.86$562,322
Mar 20043,68476,32234.365.53$548,654
Feb 200479723,35432.455.51$154,534
Jan 20042,778164,44432.036.30$1,124,917
Dec 20038,927207,98530.266.30$1,580,778
Nov 20034,848135,46428.804.60$762,101
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

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 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.00 =         $0
Gas                  414 Mcf  × $  7.55 =     $3,125

────────────────────────────────────────────────────
Month total                                   $3,125

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/198116 is the state's own key, not one this site invented.