ARCO FEE UNIT A-121

Operated by UNION PACIFIC RESOURCES COMPANY (P-5 876645) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151133District 06Field 12193500CondensateGasSaveExport
Value, all time
$5.9 M
May 1994 – Jan 2001
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
81
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 488 leases and 597 wells, and the rule below applies to all of them.

Discovered
1983-06-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-10-22.

The Commission's schedule remark for this field reads: ACRES. DOCKET EFFECTIVE 10-22-09.

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
CondensateDisposition254,241 bbl$4,266,136
GasProduction2,602,142 Mcf$1,664,954
Total$5,931,091

1,893,345 Mcf of this lease's gas, across 32 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 (81)

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

81 months

Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000266024.513.12$6,520
Mar 2000072928.422.86$2,085
Feb 2000011927.622.73$324
Jan 20001912925.272.48$4,899
Dec 199904124.282.42$99
Nov 1999023923.192.43$582
Oct 19991,06714,75620.982.80$63,757
Sep 19991,25114,88021.752.62$66,178
Aug 19991,05715,98519.262.88$66,324
Jul 19991,57117,11917.892.37$68,718
Jun 19991,24416,82215.942.36$59,565
May 19991,24916,81615.792.32$58,752
Apr 19991,42416,75515.102.21$58,498
Mar 19991,62216,89912.471.84$51,292
Feb 19991,26618,8889.981.82$46,969
Jan 19991,79421,17110.381.90$58,846
Dec 19981,27323,3999.201.77$53,206
Nov 19981,97121,74510.892.19$68,993
Oct 19981,07121,44512.421.97$55,532
Sep 19981,41321,15312.592.08$61,843
Aug 19981,76823,49711.301.91$64,795
Jul 19981,76522,50511.742.24$71,071
Jun 19981,76720,22611.242.24$65,112
May 19981,77320,17412.622.21$66,886
Apr 19981,59819,41613.042.51$69,481
Mar 19981,59116,14312.802.31$57,646
Feb 19981,78714,92613.952.30$59,245
Jan 19982,32724,77114.702.15$87,583
Dec 19971,45522,80316.322.41$78,726
Nov 19971,62620,40818.193.09$92,602
Oct 19972,31525,66019.253.15$125,388
Sep 19971,95824,24717.742.95$106,382
Aug 19971,92123,54717.862.55$94,466
Jul 19972,27225,69217.582.25$97,670
Jun 19972,09422,86717.242.26$87,716
May 19972,30127,92018.972.31$108,103
Apr 19972,48024,84517.882.08$96,089
Mar 19972,26822,56718.951.94$86,739
Feb 19972,52621,56820.492.21$99,335
Jan 19972,34726,02523.483.54$147,228
Dec 19962,73126,00623.32$63,687
Nov 19962,72026,69621.97$59,758
Oct 19963,23028,11423.31$75,291
Sep 19962,66927,48722.22$59,305
Aug 19963,18631,24920.26$64,548
Jul 19962,99332,15119.55$58,513
Jun 19963,34634,93718.73$62,671
May 19963,91436,18519.43$76,049
Apr 19963,37032,90321.51$72,489
Mar 19963,75436,39319.38$72,753
Feb 19963,38437,56216.98$57,460
Jan 19964,10540,23617.07$70,072
Dec 19954,48042,06817.19$77,011
Nov 19954,66142,55716.00$74,576
Oct 19954,62144,08515.43$71,302
Sep 19955,10746,57916.18$82,631
Aug 19955,11351,56215.92$81,399
Jul 19955,27554,08315.24$80,391
Jun 19955,48156,04216.41$89,943
May 19955,78261,22017.56$101,532
Apr 19956,05064,05517.73$107,267
Mar 19956,34465,70116.44$104,295
Feb 19956,59262,53916.58$109,295
Jan 19957,12878,60515.92$113,478
Dec 19948,83489,04515.03$132,775
Nov 19949,364101,56415.90$148,888
Oct 199411,923117,10015.58$185,760
Sep 199410,289127,73715.29$157,319
Aug 199411,778101,63216.13$189,979
Jul 199413,290112,15817.56$233,372
Jun 199413,119107,62817.09$224,204
May 19949,93977,46615.88$157,831

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.

Apr 2000 — as filed, then multipliedworked
Condensate           266 bbl  × $ 24.51 =     $6,520
Gas                    0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $6,520

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. 06/G/151133 is the state's own key, not one this site invented.