STATE TRACT 839-S

Operated by LLOG EXPLORATION TEXAS, L.P. (P-5 504594) in the MATAGORDA ISLAND 839-S (B-7B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 209832District 04Field 58211080CondensateGasSaveExport
Value, all time
$1.5 M
Feb 2005 – Jun 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
101
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
2005-02-18
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
CondensateDisposition13,331 bbl$823,295
GasProduction82,526 Mcf$726,640
Total$1,549,935

Every month this lease reported (101)

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

101 months

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 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 20092653132.814.63$3,313
Jan 2009211,24735.865.37$7,451
Dec 2008968637.105.98$4,434
Nov 20082297755.496.86$7,923
Oct 2008211,02475.246.92$8,668
Sep 200849615101.767.88$9,831
Aug 200813423114.228.48$5,073
Jul 20080343131.0811.39$3,907
Jun 20080464131.3313.03$6,047
May 200815572123.1711.57$8,468
Apr 200840561110.3110.45$10,278
Mar 200816903101.909.66$10,357
Feb 20081259592.538.77$6,329
Jan 20081539290.388.21$4,572
Dec 20079557688.337.30$12,597
Nov 20079867291.677.29$13,884
Oct 200717786282.856.92$20,631
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007037462.007.55$2,823
May 20073768358.747.85$7,532
Apr 20071371,74159.617.81$21,755
Mar 20072902,19656.927.30$32,542
Feb 20073531,76955.108.22$33,984
Jan 20073331,44750.306.73$26,484
Dec 20063812,04856.656.92$35,753
Nov 20063161,63654.207.62$29,589
Oct 20060054.906.01$0
Sep 20063942,87160.085.04$38,133
Aug 20065392,21968.717.34$53,322
Jul 20063653,99169.376.34$50,634
Jun 20067084,15166.286.38$73,426
May 20063712,23766.016.42$38,862
Apr 20065551,13464.397.36$44,083
Mar 20062844,22256.707.08$46,007
Feb 20061,0955,60857.597.75$106,529
Jan 20061,3708,17860.598.93$156,065
Dec 20050054.9413.42$0
Nov 200544054.6910.59$642
Oct 20051,7358,46258.3413.80$217,960
Sep 20052,4459,38261.4512.08$263,570
Aug 20059906,69461.519.80$126,475
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$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.

Feb 2009 — as filed, then multipliedworked
Condensate            26 bbl  × $ 32.81 =       $853
Gas                  531 Mcf  × $  4.63 =     $2,460

────────────────────────────────────────────────────
Month total                                   $3,313

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/209832 is the state's own key, not one this site invented.