N. PADRE ISLAND 883-L/899 L UNIT

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 201170District 04Field 64261225CondensateGasSaveExport
Value, all time
$2.2 M
Apr 2003 – Aug 2015
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
149
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
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.

StreamBasisVolumeValue
CondensateDisposition7,639 bbl$470,812
GasProduction278,118 Mcf$1,770,727
Total$2,241,538

Every month this lease reported (149)

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

149 months

Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015138056.152.88$7,749
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
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 2013270102.523.72$2,768
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20132093.964.28$188
Mar 20138221093.623.91$8,499
Feb 2013735991.233.42$6,862
Jan 201304991.603.42$168
Dec 2012155286.773.42$1,479
Nov 20122916586.953.62$3,120
Oct 20121941,79689.383.40$23,446
Sep 201201,68294.672.92$4,909
Aug 201281,43192.662.91$4,903
Jul 2012241,31185.133.02$6,003
Jun 201241,19379.822.52$3,324
May 2012161,31891.612.49$4,745
Apr 2012191,612101.652.00$5,150
Mar 2012812,254105.052.22$13,518
Feb 201231,947101.102.57$5,308
Jan 2012101,74198.092.73$5,741
Dec 2011111,98596.873.24$7,496
Nov 201131,84695.723.31$6,400
Oct 201141,97984.983.65$7,560
Sep 2011292,02583.623.99$10,496
Aug 2011622,34283.404.15$14,889
Jul 2011662,06994.144.52$15,559
Jun 2011802,22392.904.64$17,746
May 2011641,93098.134.40$14,782
Apr 2011201,991105.964.33$10,747
Mar 2011471,98896.364.06$12,595
Feb 2011301,76385.644.18$9,939
Jan 2011683,18986.504.59$20,516
Dec 20101211,73885.734.35$17,930
Nov 2010441,82280.843.80$10,472
Oct 2010342,64778.103.51$11,943
Sep 2010532,59372.633.98$14,168
Aug 20101212,82273.684.42$21,387
Jul 20103243,13172.554.74$38,336
Jun 2010372,54970.364.91$15,120
May 2010253,65771.124.24$17,266
Apr 201021,93481.694.12$8,137
Mar 2010322,21278.394.39$12,216
Feb 2010471,05973.585.44$9,222
Jan 2010552,07574.365.96$16,465
Dec 200982,44571.445.48$13,979
Nov 200922,08874.593.75$7,982
Oct 2009212,10572.544.11$10,175
Sep 200912,19965.543.06$6,805
Aug 2009812,05267.423.22$12,065
Jul 2009222,22061.133.46$9,036
Jun 2009152,54066.163.90$10,886
May 200912,73954.743.93$10,807
Apr 2009282,26146.773.59$9,421
Mar 200991,67642.144.06$7,182
Feb 2009464832.814.63$3,133
Jan 200961,44135.865.37$7,955
Dec 2008816837.105.98$1,301
Nov 20081098255.496.86$7,292
Oct 2008122,57275.246.92$18,706
Sep 200804,037101.767.88$31,800
Aug 200805,411114.228.48$45,902
Jul 200826,367131.0811.39$72,779
Jun 2008144,755131.3313.03$63,809
May 2008121,696123.1711.57$21,108
Apr 2008121,885110.3110.45$21,031
Mar 200861,118101.909.66$11,416
Feb 20081799892.538.77$10,326
Jan 2008281,46490.388.21$14,544
Dec 2007643,16988.337.30$28,793
Nov 2007263,48991.677.29$27,824
Oct 2007462,07082.856.92$18,140
Sep 2007492,23775.846.24$17,684
Aug 2007671,64569.066.39$15,135
Jul 2007312,06270.906.39$15,370
Jun 2007662,57862.007.55$23,552
May 2007602,49858.747.85$23,124
Apr 2007442,49659.617.81$22,105
Mar 2007471,53956.927.30$13,913
Feb 2007301,28055.108.22$12,169
Jan 2007391,57550.306.73$12,556
Dec 2006293,16656.656.92$23,547
Nov 2006431,92054.207.62$16,956
Oct 2006591,96954.906.01$15,080
Sep 2006202,45560.085.04$13,568
Aug 2006783,11568.717.34$28,223
Jul 2006862,79169.376.34$23,668
Jun 20061132,97066.286.38$26,450
May 20062083,07466.016.42$33,481
Apr 20061332,44864.397.36$26,582
Mar 20061432,54256.707.08$26,113
Feb 20062532,62957.597.75$34,948
Jan 2006143,47460.598.93$31,883
Dec 20051463,28254.9413.42$52,051
Nov 2005772,42354.6910.59$29,867
Oct 20051332,56858.3413.80$43,187
Sep 2005652,38761.4512.08$32,827
Aug 20051503,79261.519.80$46,376
Jul 20051645,45455.697.84$51,912
Jun 20051884,19252.337.38$40,779
May 20051464,07445.226.65$33,699
Apr 20052513,34249.207.36$36,948
Mar 200541313,56650.377.15$117,866
Feb 20051,22118,28345.226.31$170,614
Jan 2005928743.166.32$2,203
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 2003415,74726.595.97$35,415
Apr 200346423,27426.675.41$138,224

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           138 bbl  × $ 56.15 =     $7,749
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $7,749

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/201170 is the state's own key, not one this site invented.