BLACK STONE ISAACS A-316
Operated by ANADARKO E&P COMPANY LP (P-5 20542) 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.
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 |
|---|---|---|---|
| Condensate | Disposition | 39,272 bbl | $2,936,123 |
| Gas | Production | 3,239,327 Mcf | $25,545,862 |
| Total | $28,481,985 | ||
Every month this lease reported (22)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
22 months
| Oct 2008 | 0 | 0 | 75.24 | 6.92 | $0 |
| Sep 2008 | 0 | 0 | 101.76 | 7.88 | $0 |
| Aug 2008 | 302 | 0 | 114.22 | 8.48 | $34,494 |
| Jul 2008 | 363 | 38,308 | 131.08 | 11.39 | $483,888 |
| Jun 2008 | 1,212 | 74,013 | 131.33 | 13.03 | $1,123,756 |
| May 2008 | 1,415 | 93,160 | 123.17 | 11.57 | $1,252,546 |
| Apr 2008 | 1,230 | 92,169 | 110.31 | 10.45 | $1,099,295 |
| Mar 2008 | 935 | 99,488 | 101.90 | 9.66 | $1,056,736 |
| Feb 2008 | 1,098 | 102,686 | 92.53 | 8.77 | $1,002,214 |
| Jan 2008 | 1,247 | 116,079 | 90.38 | 8.21 | $1,065,217 |
| Dec 2007 | 1,615 | 121,731 | 88.33 | 7.30 | $1,031,529 |
| Nov 2007 | 1,808 | 125,952 | 91.67 | 7.29 | $1,084,144 |
| Oct 2007 | 2,028 | 139,483 | 82.85 | 6.92 | $1,133,518 |
| Sep 2007 | 1,676 | 150,191 | 75.84 | 6.24 | $1,064,924 |
| Aug 2007 | 2,290 | 169,942 | 69.06 | 6.39 | $1,243,727 |
| Jul 2007 | 2,565 | 198,230 | 70.90 | 6.39 | $1,448,140 |
| Jun 2007 | 3,150 | 214,219 | 62.00 | 7.55 | $1,812,321 |
| May 2007 | 4,297 | 269,317 | 58.74 | 7.85 | $2,365,542 |
| Apr 2007 | 3,611 | 321,304 | 59.61 | 7.81 | $2,723,094 |
| Mar 2007 | 4,259 | 409,694 | 56.92 | 7.30 | $3,233,996 |
| Feb 2007 | 3,463 | 409,929 | 55.10 | 8.22 | $3,558,788 |
| Jan 2007 | 708 | 93,432 | 50.30 | 6.73 | $664,115 |
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.
Condensate 302 bbl × $114.22 = $34,494 Gas 0 Mcf × $ 8.48 = $0 ──────────────────────────────────────────────────── Month total $34,494
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/230246 is the state's own key, not one this site invented.