BP AMERICA A-187 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 234793District 06Field 12193500CondensateGasSave
Value, all time
$5.7 M
Feb 2008 – Oct 2008
Value, last 12 filed months
$5.7 M
at the published price for each month
Months reported
9
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
CondensateDisposition1,510 bbl$177,740
GasProduction525,314 Mcf$5,552,029
Total$5,729,769

Every month this lease reported (9)

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

9 months

Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20083170114.228.48$36,208
Jul 2008467,007131.0811.39$763,696
Jun 200831167,186131.3313.03$916,454
May 200836178,751123.1711.57$955,951
Apr 200836193,658110.3110.45$1,019,003
Mar 2008154116,787101.909.66$1,144,330
Feb 20082101,92592.538.77$894,126

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           317 bbl  × $114.22 =    $36,208
Gas                    0 Mcf  × $  8.48 =         $0

────────────────────────────────────────────────────
Month total                                  $36,208

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/234793 is the state's own key, not one this site invented.