ARCO FEE UNIT A-15

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 163658District 06Field 12193500CondensateGasSaveExport
Value, all time
$3.7 M
Mar 1997 – Aug 2000
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
42
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
CondensateDisposition31,523 bbl$511,833
GasProduction1,337,538 Mcf$3,153,014
Total$3,664,847

Every month this lease reported (42)

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

42 months

Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200080027.622.73$2,210
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19993456,45817.892.37$21,493
Jun 199909,97815.942.36$23,569
May 199935417,43415.792.32$46,054
Apr 199954619,96515.102.21$52,328
Mar 199936319,92512.471.84$41,155
Feb 199936018,5619.981.82$37,333
Jan 199955727,00410.381.90$57,088
Dec 199837029,6889.201.77$56,050
Nov 199855329,65810.892.19$70,846
Oct 199854632,34712.421.97$70,479
Sep 199853732,95012.592.08$75,383
Aug 199853636,36111.301.91$75,410
Jul 199889439,74811.742.24$99,423
Jun 199854139,66811.242.24$94,829
May 199891543,42612.622.21$107,360
Apr 199871944,90713.042.51$121,883
Mar 19981,08148,03812.802.31$124,778
Feb 199871844,37013.952.30$112,029
Jan 19981,08147,69214.702.15$118,657
Dec 19971,08253,30716.322.41$146,187
Nov 19971,08052,17418.193.09$180,772
Oct 19971,42166,31119.253.15$236,222
Sep 19971,24673,33517.742.95$238,800
Aug 19971,41887,16717.862.55$248,015
Jul 19972,144112,16217.582.25$289,713
Jun 19971,959131,71217.242.26$331,073
May 19972,854173,19018.972.31$453,950
Apr 19974,785117.882.08$85,558
Mar 19972,438118.951.94$46,202

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 2000 — as filed, then multipliedworked
Condensate            80 bbl  × $ 27.62 =     $2,210
Gas                    0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                   $2,210

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/163658 is the state's own key, not one this site invented.