TEXAS STATE LEASE 41338

Name: TEXAS STATE LEASE 41338 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WHITE MARLIN OPERATING CO, LLC (P-5 918475) in the MSTG. ISL. BLK 889(MARG FRIO,LO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 53798District 04Field 64136320CondensateGasSave Export

Value, all time

$14.5 M

Jan 1993 – Aug 2014

Value, last 12 filed months

$121 k

at the published price for each month

Months reported

260

no gaps in the span

Streams

condensate, gas

The MSTG. ISL. BLK 889(MARG FRIO,LO) field

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

1972-10-05

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 70886”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	59,366 bbl	$1,929,871
Gas	Production	3,249,184 Mcf	$12,529,618
Total			$14,459,489

405,997 Mcf of this lease's gas, across 16 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (260)

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

260 months


Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	1	96.56	4.18	$4
Jun 2014	0	1,652	98.16	4.74	$7,825
May 2014	0	1,503	94.73	4.73	$7,104
Apr 2014	0	1,503	95.94	4.81	$7,228
Mar 2014	0	8,446	95.89	5.06	$42,710
Feb 2014	49	3,112	97.40	6.19	$24,042
Jan 2014	3	352	90.40	4.86	$1,982
Dec 2013	1	77	91.82	4.35	$427
Nov 2013	1	146	88.85	3.74	$635
Oct 2013	1	17	97.42	3.78	$162
Sep 2013	68	5,944	104.11	3.72	$29,178
Aug 2013	11	2,202	104.25	3.52	$8,904
Jul 2013	128	7,711	102.52	3.72	$41,790
Jun 2013	88	2,884	94.40	3.93	$19,651
May 2013	102	5,825	94.83	4.15	$33,841
Apr 2013	43	4,942	93.96	4.28	$25,205
Mar 2013	0	9,788	93.62	3.91	$38,299
Feb 2013	57	2,146	91.23	3.42	$12,539
Jan 2013	0	2,742	91.60	3.42	$9,377
Dec 2012	108	7,598	86.77	3.42	$35,358
Nov 2012	138	11,550	86.95	3.62	$53,867
Oct 2012	0	376	89.38	3.40	$1,278
Sep 2012	0	118	94.67	2.92	$344
Aug 2012	100	7,029	92.66	2.91	$29,707
Jul 2012	11	964	85.13	3.02	$3,848
Jun 2012	1	39	79.82	2.52	$178
May 2012	4	467	91.61	2.49	$1,528
Apr 2012	5	171	101.65	2.00	$850
Mar 2012	46	3,323	105.05	2.22	$12,216
Feb 2012	99	6,679	101.10	2.57	$27,176
Jan 2012	100	6,972	98.09	2.73	$28,871
Dec 2011	99	7,523	96.87	3.24	$33,963
Nov 2011	69	4,650	95.72	3.31	$22,002
Oct 2011	63	5,429	84.98	3.65	$25,162
Sep 2011	89	7,845	83.62	3.99	$38,711
Aug 2011	79	6,879	83.40	4.15	$35,132
Jul 2011	103	7,764	94.14	4.52	$44,768
Jun 2011	86	6,240	92.90	4.64	$36,942
May 2011	114	7,278	98.13	4.40	$43,245
Apr 2011	110	7,992	105.96	4.33	$46,287
Mar 2011	109	7,705	96.36	4.06	$41,765
Feb 2011	93	5,865	85.64	4.18	$32,480
Jan 2011	150	9,213	86.50	4.59	$55,251
Dec 2010	202	9,661	85.73	4.35	$59,321
Nov 2010	86	8,067	80.84	3.80	$37,569
Oct 2010	127	12,061	78.10	3.51	$52,239
Sep 2010	27	1,956	72.63	3.98	$9,745
Aug 2010	128	11,662	73.68	4.42	$60,970
Jul 2010	55	3,783	72.55	4.74	$21,908
Jun 2010	120	8,847	70.36	4.91	$51,886
May 2010	131	10,969	71.12	4.24	$55,773
Apr 2010	129	10,179	81.69	4.12	$52,503
Mar 2010	186	10,798	78.39	4.39	$61,969
Feb 2010	209	10,670	73.58	5.44	$73,448
Jan 2010	143	9,208	74.36	5.96	$65,551
Dec 2009	185	9,865	71.44	5.48	$67,314
Nov 2009	30	4,198	74.59	3.75	$17,987
Oct 2009	41	2,215	72.54	4.11	$12,078
Sep 2009	128	9,496	65.54	3.06	$37,492
Aug 2009	119	12,042	67.42	3.22	$46,780
Jul 2009	25	12,566	61.13	3.46	$45,063
Jun 2009	173	12,332	66.16	3.90	$59,479
May 2009	181	11,974	54.74	3.93	$56,915
Apr 2009	209	9,593	46.77	3.59	$44,190
Mar 2009	79	3,904	42.14	4.06	$19,175
Feb 2009	6	84	32.81	4.63	$586
Jan 2009	46	3,370	35.86	5.37	$19,750
Dec 2008	133	6,723	37.10	5.98	$45,119
Nov 2008	152	8,111	55.49	6.86	$64,079
Oct 2008	159	7,641	75.24	6.92	$64,854
Sep 2008	135	8,612	101.76	7.88	$81,575
Aug 2008	207	17,246	114.22	8.48	$169,942
Jul 2008	156	10,133	131.08	11.39	$135,858
Jun 2008	198	11,856	131.33	13.03	$180,518
May 2008	244	14,406	123.17	11.57	$196,793
Apr 2008	183	10,828	110.31	10.45	$133,392
Mar 2008	86	1,190	101.90	9.66	$20,264
Feb 2008	6	1,149	92.53	8.77	$10,633
Jan 2008	109	4,804	90.38	8.21	$49,272
Dec 2007	288	12,257	88.33	7.30	$114,939
Nov 2007	205	8,689	91.67	7.29	$82,150
Oct 2007	136	7,574	82.85	6.92	$63,695
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	5	0	58.74	7.85	$294
Apr 2007	117	6,107	59.61	7.81	$54,641
Mar 2007	157	9,023	56.92	7.30	$74,822
Feb 2007	123	6,596	55.10	8.22	$60,970
Jan 2007	76	3,709	50.30	6.73	$28,773
Dec 2006	154	8,431	56.65	6.92	$67,053
Nov 2006	148	9,510	54.20	7.62	$80,464
Oct 2006	183	10,578	54.90	6.01	$73,661
Sep 2006	162	11,144	60.08	5.04	$65,868
Aug 2006	293	13,386	68.71	7.34	$118,384
Jul 2006	231	11,266	69.37	6.34	$87,482
Jun 2006	164	6,032	66.28	6.38	$49,377
May 2006	49	0	66.01	6.42	$3,234
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	100	6,922	56.70	7.08	$54,698
Feb 2006	116	11,315	57.59	7.75	$94,384
Jan 2006	241	13,032	60.59	8.93	$131,021
Dec 2005	131	12,718	54.94	13.42	$177,814
Nov 2005	156	11,814	54.69	10.59	$133,623
Oct 2005	66	14,938	58.34	13.80	$209,932
Sep 2005	88	11,661	61.45	12.08	$146,261
Aug 2005	52	15,809	61.51	9.80	$158,077
Jul 2005	120	15,240	55.69	7.84	$126,220
Jun 2005	109	15,843	52.33	7.38	$122,642
May 2005	192	13,140	45.22	6.65	$96,078
Apr 2005	173	14,245	49.20	7.36	$113,362
Mar 2005	388	16,899	50.37	7.15	$140,454
Feb 2005	180	14,328	45.22	6.31	$98,577
Jan 2005	566	16,179	43.16	6.32	$126,715
Dec 2004	192	16,059	39.86	6.75	$116,069
Nov 2004	183	16,683	45.28	6.33	$113,897
Oct 2004	174	16,413	49.70	6.52	$115,580
Sep 2004	159	16,564	43.24	5.28	$94,398
Aug 2004	235	17,261	42.37	5.55	$105,767
Jul 2004	521	18,103	38.28	6.08	$130,086
Jun 2004	0	12,028	36.10	6.43	$77,376
May 2004	150	16,522	37.48	6.49	$112,925
Apr 2004	297	16,996	34.47	5.86	$109,808
Mar 2004	331	17,652	34.36	5.53	$108,991
Feb 2004	317	16,063	32.45	5.51	$98,788
Jan 2004	329	16,618	32.03	6.30	$115,225
Dec 2003	282	17,292	30.26	6.30	$117,501
Nov 2003	376	14,757	28.80	4.60	$78,640
Oct 2003	138	18,696	28.17	4.76	$92,874
Sep 2003	402	18,473	26.31	4.75	$98,312
Aug 2003	208	19,624	29.76	5.13	$106,856
Jul 2003	219	17,946	29.41	5.17	$99,237
Jun 2003	302	16,691	28.56	5.98	$108,487
May 2003	183	17,986	26.59	5.97	$112,291
Apr 2003	396	17,348	26.67	5.41	$104,367
Mar 2003	359	16,743	31.14	6.10	$113,245
Feb 2003	359	15,962	33.48	7.93	$138,532
Jan 2003	382	19,244	30.31	5.58	$118,999
Dec 2002	562	19,630	26.91	4.85	$110,403
Nov 2002	0	18,289	24.66	4.14	$75,661
Oct 2002	482	19,657	26.46	4.23	$95,886
Sep 2002	161	16,043	27.44	3.64	$62,737
Aug 2002	325	19,981	25.96	3.16	$71,660
Jul 2002	347	19,852	24.58	3.06	$69,311
Jun 2002	374	19,319	23.73	3.34	$73,366
May 2002	545	20,823	24.66	3.58	$88,069
Apr 2002	372	20,801	23.65	3.51	$81,858
Mar 2002	272	21,885	22.00	3.10	$73,887
Feb 2002	481	19,098	18.22	2.38	$54,135
Jan 2002	537	16,497	17.17	2.38	$48,412
Dec 2001	478	22,430	16.93	2.36	$61,126
Nov 2001	0	10,736	18.07	2.41	$25,826
Oct 2001	275	18,411	19.78	2.53	$51,999
Sep 2001	345	19,287	24.26	2.25	$51,791
Aug 2001	296	20,749	24.87	3.05	$70,712
Jul 2001	445	9,226	23.93	3.20	$40,145
Jun 2001	300	20,336	24.56	3.82	$85,136
May 2001	184	20,427	25.52	4.31	$92,681
Apr 2001	489	20,631	24.68	5.34	$122,142
Mar 2001	304	21,640	24.54	5.38	$123,806
Feb 2001	508	20,120	27.75	5.77	$130,131
Jan 2001	344	18,186	27.47	8.40	$162,190
Dec 2000	487	20,306	26.88	9.12	$198,332
Nov 2000	343	19,911	32.21	5.66	$123,704
Oct 2000	502	19,096	31.23	5.15	$113,936
Sep 2000	160	19,744	31.87	5.19	$107,501
Aug 2000	665	22,539	29.64	4.54	$122,055
Jul 2000	510	22,943	28.53	4.09	$108,381
Jun 2000	0	17,183	29.30	4.40	$75,558
May 2000	306	23,827	27.26	3.68	$96,019
Apr 2000	478	23,215	24.51	3.12	$84,054
Mar 2000	473	23,838	28.42	2.86	$81,613
Feb 2000	320	23,749	27.62	2.73	$73,590
Jan 2000	1,020	25,477	25.27	2.48	$88,971
Dec 1999	168	15,738	24.28	2.42	$42,224
Nov 1999	359	14,839	23.19	2.43	$44,443
Oct 1999	173	18,432	20.98	2.80	$55,308
Sep 1999	550	17,764	21.75	2.62	$58,484
Aug 1999	537	21,253	19.26	2.88	$71,458
Jul 1999	336	24,673	17.89	2.37	$64,545
Jun 1999	316	21,892	15.94	2.36	$56,748
May 1999	416	22,628	15.79	2.32	$59,089
Apr 1999	532	23,780	15.10	2.21	$60,541
Mar 1999	284	26,361	12.47	1.84	$52,002
Feb 1999	286	22,312	9.98	1.82	$43,413
Jan 1999	413	20,129	10.38	1.90	$42,531
Dec 1998	523	26,359	9.20	1.77	$51,555
Nov 1998	221	27,366	10.89	2.19	$62,221
Oct 1998	306	26,748	12.42	1.97	$56,473
Sep 1998	402	25,647	12.59	2.08	$58,474
Aug 1998	432	25,690	11.30	1.91	$53,881
Jul 1998	298	26,606	11.74	2.24	$63,023
Jun 1998	455	26,680	11.24	2.24	$64,805
May 1998	630	27,351	12.62	2.21	$68,296
Apr 1998	639	26,637	13.04	2.51	$75,067
Mar 1998	760	28,181	12.80	2.31	$74,810
Feb 1998	423	25,247	13.95	2.30	$63,947
Jan 1998	464	27,955	14.70	2.15	$67,058
Dec 1997	750	27,085	16.32	2.41	$77,545
Nov 1997	447	27,647	18.19	3.09	$93,512
Oct 1997	504	27,276	19.25	3.15	$95,616
Sep 1997	482	27,630	17.74	2.95	$90,194
Aug 1997	807	29,918	17.86	2.55	$90,846
Jul 1997	408	30,044	17.58	2.25	$74,680
Jun 1997	445	29,501	17.24	2.26	$74,261
May 1997	459	30,849	18.97	2.31	$79,922
Apr 1997	711	30,464	17.88	2.08	$76,162
Mar 1997	785	28,285	18.95	1.94	$69,724
Feb 1997	422	18,230	20.49	2.21	$48,860
Jan 1997	1,009	21,138	23.48	3.54	$98,514
Dec 1996	259	24,364	23.32	—	$6,040
Nov 1996	665	18,154	21.97	—	$14,610
Oct 1996	744	19,671	23.31	—	$17,343
Sep 1996	708	27,530	22.22	—	$15,732
Aug 1996	588	28,969	20.26	—	$11,913
Jul 1996	1,309	29,290	19.55	—	$25,591
Jun 1996	387	24,299	18.73	—	$7,249
May 1996	631	31,260	19.43	—	$12,260
Apr 1996	761	31,087	21.51	—	$16,369
Mar 1996	652	30,215	19.38	—	$12,636
Feb 1996	1,161	35,281	16.98	—	$19,714
Jan 1996	663	32,161	17.07	—	$11,317
Dec 1995	493	25,001	17.19	—	$8,475
Nov 1995	678	22,630	16.00	—	$10,848
Oct 1995	301	20,809	15.43	—	$4,644
Sep 1995	0	5,276	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

Jul 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 96.56 =         $0
Gas                    1 Mcf  × $  4.18 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/53798 is the state's own key, not one this site invented.