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 12193500CondensateGasSave
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

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.