BP BLACK STONE A-745

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) 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 231316District 06Field 12193500CondensateGasSaveExport
Value, all time
$12.0 M
Aug 2007 – Jan 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
102
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
CondensateDisposition27,825 bbl$2,299,520
GasProduction1,407,453 Mcf$9,749,448
Total$12,048,968

Every month this lease reported (102)

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

102 months

Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201413091378.303.90$13,741
Sep 201413089986.164.05$14,838
Aug 201401,08589.394.04$4,378
Jul 2014084196.564.18$3,515
Jun 2014080698.164.74$3,818
May 2014078394.734.73$3,701
Apr 2014092995.944.81$4,468
Mar 201401,31895.895.06$6,665
Feb 201401,13297.406.19$7,009
Jan 20141631,37490.404.86$21,414
Dec 201301,49691.824.35$6,514
Nov 201301,39888.853.74$5,226
Oct 201303,14297.423.78$11,875
Sep 201304,874104.113.72$18,120
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201311812994.403.93$11,647
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201301,01291.233.42$3,461
Jan 201301,56991.603.42$5,366
Dec 2012077286.773.42$2,640
Nov 2012056986.953.62$2,063
Oct 201218794889.383.40$19,937
Sep 201201,46294.672.92$4,267
Aug 201201,92592.662.91$5,598
Jul 201202,16385.133.02$6,534
Jun 201201,75179.822.52$4,411
May 201202,60391.612.49$6,477
Apr 201202,471101.652.00$4,934
Mar 201221,796105.052.22$4,201
Feb 20121792,897101.102.57$25,543
Jan 201202,97198.092.73$8,123
Dec 201103,09596.873.24$10,027
Nov 201101,85895.723.31$6,152
Oct 201103,10384.983.65$11,321
Sep 20111772,41883.623.99$24,438
Aug 201102,90383.404.15$12,045
Jul 201102,60294.144.52$11,754
Jun 201103,72992.904.64$17,302
May 201106,65198.134.40$29,296
Apr 20111895,427105.964.33$43,543
Mar 201102,25796.364.06$9,157
Feb 201103,54285.644.18$14,805
Jan 201103,82486.504.59$17,547
Dec 201001,55685.734.35$6,765
Nov 20101872,06480.843.80$22,951
Oct 201002,10978.103.51$7,400
Sep 201002,25372.633.98$8,966
Aug 201002,10873.684.42$9,316
Jul 201053,86972.554.74$18,688
Jun 201014,77570.364.91$23,518
May 20101754,67871.124.24$32,258
Apr 201004,99581.694.12$20,593
Mar 201045,20778.394.39$23,165
Feb 20101805,08573.585.44$40,919
Jan 2010105,75774.365.96$35,079
Dec 200956,32471.445.48$35,036
Nov 20091806,76374.593.75$38,798
Oct 200967,58772.544.11$31,620
Sep 200956,90065.543.06$21,474
Aug 20092137,41667.423.22$38,229
Jul 200952017,53861.133.46$92,548
Jun 200933516,52366.163.90$86,521
May 200952816,86454.743.93$95,107
Apr 200936417,13146.773.59$78,482
Mar 200934418,61242.144.06$90,042
Feb 200956117,79132.814.63$100,832
Jan 200952921,45635.865.37$134,210
Dec 200854921,24637.105.98$147,358
Nov 200856721,45555.496.86$178,652
Oct 200853625,10075.246.92$214,070
Sep 200838121,181101.767.88$205,615
Aug 200854326,549114.228.48$287,237
Jul 200872529,616131.0811.39$432,342
Jun 200870133,941131.3313.03$534,403
May 20081,04741,091123.1711.57$604,558
Apr 200887939,645110.3110.45$511,445
Mar 20081,06147,936101.909.66$571,373
Feb 20081,06850,81892.538.77$544,525
Jan 20081,45361,73190.388.21$637,870
Dec 20071,62876,55988.337.30$702,833
Nov 20071,69787,16191.677.29$791,116
Oct 20072,481115,02982.856.92$1,001,779
Sep 20073,132151,10275.846.24$1,181,036
Aug 20073,950264,49569.066.39$1,962,365

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.

Oct 2014 — as filed, then multipliedworked
Condensate           130 bbl  × $ 78.30 =    $10,179
Gas                  913 Mcf  × $  3.90 =     $3,562

────────────────────────────────────────────────────
Month total                                  $13,741

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/231316 is the state's own key, not one this site invented.