STATE TRACT 806-S

Operated by WALTER OIL & GAS CORPORATION (P-5 895237) in the MATAGORDA 806 (FRIO 11100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201698District 04Field 58222200CondensateGasSaveExport
Value, all time
$26.0 M
Aug 2003 – Nov 2020
Value, last 12 filed months
$186 k
at the published price for each month
Months reported
208
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
2004-09-02
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 03/01/2010.

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
CondensateDisposition110,505 bbl$6,835,051
GasProduction2,853,923 Mcf$19,143,331
Total$25,978,381

Every month this lease reported (208)

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

208 months

Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20204,654039.982.39$186,067
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
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 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 20111232,27394.144.52$21,847
Jun 20112936,28092.904.64$56,358
May 20113786,61598.134.40$66,231
Apr 2011756,747105.964.33$37,184
Mar 20112298,88896.364.06$58,128
Feb 20112644,56385.644.18$41,682
Jan 20113087,24186.504.59$59,869
Dec 20102479,20385.734.35$61,188
Nov 201030712,83780.843.80$73,539
Oct 201066614,45978.103.51$102,750
Sep 201044016,07472.633.98$95,923
Aug 201024717,73473.684.42$96,572
Jul 20101,12310,79972.554.74$132,623
Jun 20109517,42770.364.91$92,258
May 201077417,77171.124.24$130,311
Apr 201059411,27181.694.12$94,991
Mar 20102415,24478.394.39$41,906
Feb 201062515,57273.585.44$130,736
Jan 201067124,04174.365.96$193,278
Dec 200934824,07771.445.48$156,893
Nov 20094894,66474.593.75$53,972
Oct 20091,40433,47372.544.11$239,429
Sep 20091,20740,42165.543.06$202,987
Aug 200949131,71767.423.22$135,184
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 200963412,40232.814.63$78,260
Jan 20091915,24035.865.37$34,993
Dec 200873037.105.98$2,708
Nov 200890055.496.86$4,994
Oct 2008822875.246.92$6,364
Sep 20083707,317101.767.88$95,288
Aug 200841010,242114.228.48$133,713
Jul 200851910,338131.0811.39$185,774
Jun 200872411,110131.3313.03$239,875
May 200873013,932123.1711.57$251,167
Apr 20081,22618,457110.3110.45$328,205
Mar 200865021,479101.909.66$273,810
Feb 20081,53833,72892.538.77$438,125
Jan 20081,20543,46390.388.21$465,554
Dec 20072,12158,11388.337.30$611,687
Nov 20072,07766,26791.677.29$673,598
Oct 20073,16788,29782.856.92$873,576
Sep 20073,93374,64975.846.24$764,399
Aug 200778069.066.39$5,387
Jul 20070070.906.39$0
Jun 2007024,15662.007.55$182,340
May 20071,71277,22658.747.85$706,500
Apr 20072,50470,90459.617.81$702,683
Mar 20073,21878,84056.927.30$758,856
Feb 20072,41470,88255.108.22$715,378
Jan 20073,74199,15050.306.73$855,139
Dec 20062,94757,06556.656.92$561,748
Nov 20061,11317,80354.207.62$195,939
Oct 20060054.906.01$0
Sep 20062,08245,92760.085.04$356,430
Aug 20062,94367,60168.717.34$698,399
Jul 20062,34478,87269.376.34$662,869
Jun 20063,38280,62966.286.38$738,885
May 20062,46777,64166.016.42$661,690
Apr 20062,88364,35264.397.36$659,298
Mar 200670349,73256.707.08$392,108
Feb 20063,06967,16557.597.75$697,348
Jan 20061,99149,35260.598.93$561,512
Dec 20058991,90654.9413.42$74,961
Nov 20054382,60154.6910.59$51,495
Oct 20053810658.3413.80$3,679
Sep 200538061.4512.08$2,335
Aug 200538061.519.80$2,337
Jul 200549055.697.84$2,729
Jun 2005109052.337.38$5,704
May 200553410,87745.226.65$96,492
Apr 20052,517124,41449.207.36$1,039,583
Mar 20057,022130,98550.377.15$1,290,880
Feb 20052,788126,59945.226.31$925,156
Jan 20055,37292,36643.166.32$815,812
Dec 20047,737106,15139.866.75$1,025,031
Nov 20042,84596,27645.286.33$738,289
Oct 20044,457140,21849.706.52$1,135,047
Sep 20040119,67443.245.28$632,345
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

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.

Aug 2020 — as filed, then multipliedworked
Condensate         4,654 bbl  × $ 39.98 =   $186,067
Gas                    0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                 $186,067

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/201698 is the state's own key, not one this site invented.