CHAMPION INT'L. UNIT A-461

Operated by SONAT EXPLORATION COMPANY -TYLER (P-5 801642) 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 152960District 06Field 12193500CondensateGasSaveExport
Value, all time
$155 k
Nov 1994 – Sep 1996
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
23
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
CondensateDisposition9,741 bbl$154,959
GasProduction92,224 Mcf$0
Total$154,959

92,224 Mcf of this lease's gas, across 13 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 (23)

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

23 months

Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996176017.07$3,004
Dec 19950017.19$0
Nov 19953441,62416.00$5,504
Oct 19951881,51915.43$2,901
Sep 199501,83516.18$0
Aug 19951871,62115.92$2,977
Jul 19955612,42115.24$8,550
Jun 19951833,29916.41$3,003
May 19953563,22517.56$6,251
Apr 19953643,28217.73$6,454
Mar 19955438,41816.44$8,927
Feb 19957677,03716.58$12,717
Jan 19955444,99415.92$8,660
Dec 19942,16627,34015.03$32,555
Nov 19943,36225,60915.90$53,456

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 1996 — as filed, then multipliedworked
Condensate           176 bbl  × $ 17.07 =     $3,004
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $3,004

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/152960 is the state's own key, not one this site invented.