TEXAS STATE LEASE 41338

Operated by WHITE MARLIN OPERATING CO, LLC (P-5 918475) in the MSTG ISL BLK889(MARG TEXUP11000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 271199District 04Field 64136664CondensateGasSaveExport
Value, all time
$12.4 M
Aug 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
154
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
1955-01-05
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: FIELD RULES EFFECTIVE 3/1/79 PER SPEC ORDER 70885

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
CondensateDisposition110,944 bbl$8,298,849
GasProduction1,101,779 Mcf$4,133,217
Total$12,432,066

Every month this lease reported (154)

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

154 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
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 20182062.874.01$126
Dec 201710257.272.92$579
Nov 2017113055.423.12$703
Oct 201722049.292.98$1,084
Sep 20170047.523.09$0
Aug 20172833,00845.373.00$21,877
Jul 20174083,73543.873.09$29,430
Jun 20174374,52042.493.09$32,523
May 20174235,38645.373.26$36,768
Apr 20175585,66847.933.21$44,948
Mar 20175056,14346.772.98$41,948
Feb 20176015,75750.452.95$47,319
Jan 20174626,55349.413.42$45,231
Dec 20165287,13448.763.72$52,304
Nov 20165796,58042.492.64$42,002
Oct 20166226,64046.193.09$49,250
Sep 20165076,28841.553.10$40,563
Aug 20165797,27541.442.92$45,268
Jul 20167378,39341.622.92$55,218
Jun 201695611,12745.352.69$73,240
May 201696211,48242.521.99$63,765
Apr 20161,02011,48236.561.99$60,152
Mar 201678510,84433.011.79$45,367
Feb 201696512,50526.472.06$51,349
Jan 20161,04913,41827.352.36$60,415
Dec 20151,38815,55132.362.00$76,040
Nov 20151,43916,99638.792.17$92,655
Oct 20151,79819,89343.552.43$126,575
Sep 20151,99222,06142.992.76$146,490
Aug 20152,27224,09040.162.87$160,442
Jul 20152,39426,16448.152.95$192,326
Jun 20152,60125,89956.152.88$220,709
May 20152,80427,91055.212.96$237,295
Apr 20152,55823,99149.822.71$192,373
Mar 20152,41220,58142.892.93$163,850
Feb 20157816,18944.662.98$53,299
Jan 20151,76217,07443.433.10$129,464
Dec 20144,02438,92154.693.59$359,852
Nov 20143,95139,63570.464.25$446,909
Oct 20144,09535,44378.303.90$458,900
Sep 20144,20838,22886.164.05$517,210
Aug 20144,56344,29689.394.04$586,626
Jul 20144,87945,41496.564.18$660,929
Jun 20143,70739,83698.164.74$552,577
May 20143,48147,66094.734.73$555,023
Apr 20144,32847,66095.944.81$644,431
Mar 20143,77233,03595.895.06$528,748
Feb 20144,22237,56597.406.19$643,825
Jan 20145,31447,33090.404.86$710,443
Dec 20135,63352,19691.824.35$744,509
Nov 20135,90252,17288.853.74$719,426
Oct 20133,60432,32197.423.78$473,254
Sep 20137,51866,021104.113.72$1,028,148
Aug 20135313,677104.253.52$68,309

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.

Jan 2018 — as filed, then multipliedworked
Condensate             2 bbl  × $ 62.87 =       $126
Gas                    0 Mcf  × $  4.01 =         $0

────────────────────────────────────────────────────
Month total                                     $126

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/271199 is the state's own key, not one this site invented.