BP AMERICA A-995 UNIT

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.

Gas lease lease 233959District 06Field 12193500CondensateGasSaveExport
Value, all time
$30.3 M
Sep 2007 – Oct 2008
Value, last 12 filed months
$24.6 M
at the published price for each month
Months reported
14
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
CondensateDisposition35,188 bbl$3,490,896
GasProduction3,143,435 Mcf$26,826,347
Total$30,317,243

Every month this lease reported (14)

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

14 months

Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081410114.228.48$16,105
Jul 20081,895150,621131.0811.39$1,963,884
Jun 20082,173164,111131.3313.03$2,424,178
May 20082,659200,652123.1711.57$2,649,913
Apr 20082,841216,598110.3110.45$2,577,892
Mar 20083,049265,360101.909.66$2,875,151
Feb 20083,694199,55992.538.77$2,092,054
Jan 20084,572341,21790.388.21$3,213,152
Dec 20073,906386,31688.337.30$3,165,885
Nov 20074,898437,74491.677.29$3,640,898
Oct 20074,833559,81882.856.92$4,275,463
Sep 2007527221,43975.846.24$1,422,668

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.

Aug 2008 — as filed, then multipliedworked
Condensate           141 bbl  × $114.22 =    $16,105
Gas                    0 Mcf  × $  8.48 =         $0

────────────────────────────────────────────────────
Month total                                  $16,105

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/233959 is the state's own key, not one this site invented.