CHAMPION INT'L UNIT A-1175

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 155820District 06Field 12193500CondensateGasSaveExport
Value, all time
$3.1 M
Jul 1995 – Jun 1999
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
48
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
CondensateDisposition158,808 bbl$2,763,513
GasProduction832,572 Mcf$328,970
Total$3,092,483

696,910 Mcf of this lease's gas, across 18 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 (48)

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

48 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199927009.981.82$2,695
Jan 19997573,08110.381.90$13,711
Dec 19985523,6709.201.77$11,586
Nov 19987133,19710.892.19$14,752
Oct 19987083,30512.421.97$15,302
Sep 19989073,35512.592.08$18,406
Aug 199801,34511.301.91$2,565
Jul 199805711.742.24$128
Jun 1998035711.242.24$799
May 1998026712.622.21$589
Apr 1998014713.042.51$368
Mar 1998025512.802.31$589
Feb 19982212513.952.30$594
Jan 199818962414.702.15$4,123
Dec 199716856416.322.41$4,102
Nov 199720080818.193.09$6,133
Oct 19971275,20819.253.15$18,849
Sep 19971,2985,31517.742.95$38,732
Aug 19971,77210,16517.862.55$57,617
Jul 19971,7319,58017.582.25$51,957
Jun 19972,05010,70817.242.26$59,512
May 19971,97211,92518.972.31$64,938
Apr 19972,33312,57817.882.08$67,911
Mar 19972,36614,92718.951.94$73,781
Feb 19971,63216,15420.492.21$69,074
Jan 19972,55117,94523.483.54$123,417
Dec 19962,91319,78923.32$67,931
Nov 19962,18515,43821.97$48,004
Oct 19962,92218,14223.31$68,112
Sep 19963,08217,00322.22$68,482
Aug 19963,42317,47620.26$69,350
Jul 19963,55315,77619.55$69,461
Jun 19969935,14218.73$18,599
May 19964,43320,86619.43$86,133
Apr 19965,86832,20621.51$126,221
Mar 19966,73038,02219.38$130,427
Feb 19966,43136,88416.98$109,198
Jan 19968,91847,45817.07$152,230
Dec 19959,20448,01217.19$158,217
Nov 199510,28051,19516.00$164,480
Oct 199513,74071,68115.43$212,008
Sep 199516,64185,96716.18$269,251
Aug 199523,669110,78615.92$376,810
Jul 199511,50545,06715.24$175,336

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.

Feb 1999 — as filed, then multipliedworked
Condensate           270 bbl  × $  9.98 =     $2,695
Gas                    0 Mcf  × $  1.82 =         $0

────────────────────────────────────────────────────
Month total                                   $2,695

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/155820 is the state's own key, not one this site invented.