FORD, J. K.

Name: FORD, J. K. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TECHNOLOGY & ENGR. CAREERS INC. (P-5 840918) in the SHELTON (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2179District 05Field 82990500OilCasinghead gasSave Export

Value, all time

$507 k

Jan 1993 – Dec 2017

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

300

no gaps in the span

Streams

oil, casinghead gas

The SHELTON (COTTON VALLEY) 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 19 leases and 34 wells, and the rule below applies to all of them.

Discovered

1978-05-28

as the register files it

Field class

Oil

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.

Stream	Basis	Volume	Value
Oil	Disposition	13,586 bbl	$507,074
Casinghead gas	Production	56 Mcf	$22
Total			$507,096

47 Mcf of this lease's gas, across 47 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 (300)

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

300 months


Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	130	0	49.29	2.98	$6,408
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	190	0	94.67	2.92	$17,987
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	180	0	91.61	2.49	$16,490
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	180	0	101.10	2.57	$18,198
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	190	0	96.87	3.24	$18,405
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	180	0	94.14	4.52	$16,945
Jun 2011	0	0	92.90	4.64	$0
May 2011	182	0	98.13	4.40	$17,860
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	163	0	96.36	4.06	$15,707
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	181	0	78.39	4.39	$14,189
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	161	0	65.54	3.06	$10,552
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	160	0	46.77	3.59	$7,483
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	25	0	131.33	13.03	$3,283
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	148	0	90.38	8.21	$13,376
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
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	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	172	0	56.92	7.30	$9,790
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	171	0	56.65	6.92	$9,687
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	145	0	54.90	6.01	$7,961
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	149	0	68.71	7.34	$10,238
Jul 2006	168	0	69.37	6.34	$11,654
Jun 2006	171	0	66.28	6.38	$11,334
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	158	0	56.70	7.08	$8,959
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	136	0	60.59	8.93	$8,240
Dec 2005	121	0	54.94	13.42	$6,648
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	168	0	58.34	13.80	$9,801
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	176	0	55.69	7.84	$9,801
Jun 2005	0	0	52.33	7.38	$0
May 2005	174	0	45.22	6.65	$7,868
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	169	0	45.22	6.31	$7,642
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	181	0	49.70	6.52	$8,996
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	176	0	38.28	6.08	$6,737
Jun 2004	0	0	36.10	6.43	$0
May 2004	178	0	37.48	6.49	$6,671
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	168	0	30.26	6.30	$5,084
Nov 2003	176	0	28.80	4.60	$5,069
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	162	0	26.31	4.75	$4,262
Aug 2003	169	0	29.76	5.13	$5,029
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	142	0	26.59	5.97	$3,776
Apr 2003	167	0	26.67	5.41	$4,454
Mar 2003	171	0	31.14	6.10	$5,325
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	177	0	30.31	5.58	$5,365
Dec 2002	181	0	26.91	4.85	$4,871
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	176	0	27.44	3.64	$4,829
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	177	0	24.58	3.06	$4,351
Jun 2002	0	0	23.73	3.34	$0
May 2002	160	0	24.66	3.58	$3,946
Apr 2002	177	0	23.65	3.51	$4,186
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	147	0	18.22	2.38	$2,678
Jan 2002	136	0	17.17	2.38	$2,335
Dec 2001	172	0	16.93	2.36	$2,912
Nov 2001	171	0	18.07	2.41	$3,090
Oct 2001	221	0	19.78	2.53	$4,371
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	133	0	24.87	3.05	$3,308
Jul 2001	170	0	23.93	3.20	$4,068
Jun 2001	212	0	24.56	3.82	$5,207
May 2001	187	0	25.52	4.31	$4,772
Apr 2001	362	0	24.68	5.34	$8,934
Mar 2001	184	0	24.54	5.38	$4,515
Feb 2001	185	0	27.75	5.77	$5,134
Jan 2001	117	0	27.47	8.40	$3,214
Dec 2000	302	0	26.88	9.12	$8,118
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	1	17.74	2.95	$3
Aug 1997	0	1	17.86	2.55	$3
Jul 1997	0	1	17.58	2.25	$2
Jun 1997	0	1	17.24	2.26	$2
May 1997	0	1	18.97	2.31	$2
Apr 1997	0	1	17.88	2.08	$2
Mar 1997	0	1	18.95	1.94	$2
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	0	1	23.32	—	$0
Nov 1996	0	1	21.97	—	$0
Oct 1996	0	1	23.31	—	$0
Sep 1996	0	1	22.22	—	$0
Aug 1996	0	1	20.26	—	$0
Jul 1996	0	1	19.55	—	$0
Jun 1996	0	1	18.73	—	$0
May 1996	0	1	19.43	—	$0
Apr 1996	0	1	21.51	—	$0
Mar 1996	0	1	19.38	—	$0
Feb 1996	0	1	16.98	—	$0
Jan 1996	0	1	17.07	—	$0
Dec 1995	0	1	17.19	—	$0
Nov 1995	0	1	16.00	—	$0
Oct 1995	0	1	15.43	—	$0
Sep 1995	0	1	16.18	—	$0
Aug 1995	0	1	15.92	—	$0
Jul 1995	0	1	15.24	—	$0
Jun 1995	0	1	16.41	—	$0
May 1995	0	1	17.56	—	$0
Apr 1995	0	1	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	1	16.58	—	$0
Jan 1995	0	1	15.92	—	$0
Dec 1994	0	1	15.03	—	$0
Nov 1994	156	1	15.90	—	$2,480
Oct 1994	188	1	15.58	—	$2,929
Sep 1994	0	1	15.29	—	$0
Aug 1994	186	1	16.13	—	$3,000
Jul 1994	190	1	17.56	—	$3,336
Jun 1994	190	1	17.09	—	$3,247
May 1994	387	1	15.88	—	$6,146
Apr 1994	0	1	14.14	—	$0
Mar 1994	164	1	12.46	—	$2,043
Feb 1994	195	1	12.50	—	$2,438
Jan 1994	0	1	12.66	—	$0
Dec 1993	0	1	12.33	—	$0
Nov 1993	193	1	14.49	—	$2,797
Oct 1993	188	1	15.85	—	$2,980
Sep 1993	0	1	15.03	—	$0
Aug 1993	262	1	15.66	—	$4,103
Jul 1993	138	1	15.46	—	$2,133
Jun 1993	360	1	16.79	—	$6,044
May 1993	498	1	17.68	—	$8,805
Apr 1993	0	1	18.05	—	$0
Mar 1993	0	1	18.14	—	$0
Feb 1993	543	1	17.90	—	$9,720
Jan 1993	163	1	16.93	—	$2,760

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.

Oct 2017 — as filed, then multipliedworked

Oil                  130 bbl  × $ 49.29 =     $6,408
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $6,408

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. 05/O/2179 is the state's own key, not one this site invented.