TIMBERWOLF "A"

Operated by SOUTHERN BAY OPERATING, L.L.C. (P-5 803494) 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 235845District 06Field 12193500CondensateGasSaveExport
Value, all time
$5.8 M
Jan 2006 – May 2012
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
77
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
CondensateDisposition20,214 bbl$1,285,852
GasProduction650,208 Mcf$4,545,632
Total$5,831,485

Every month this lease reported (77)

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

77 months

May 20120091.612.49$0
Apr 20120234101.652.00$467
Mar 2012121995105.052.22$14,922
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011037796.873.24$1,221
Nov 2011022695.723.31$748
Oct 2011034884.983.65$1,270
Sep 2011027383.623.99$1,088
Aug 2011040683.404.15$1,685
Jul 2011088694.144.52$4,002
Jun 201106392.904.64$292
May 2011081598.134.40$3,590
Apr 20110269105.964.33$1,166
Mar 2011045396.364.06$1,838
Feb 20110085.644.18$0
Jan 2011040786.504.59$1,868
Dec 2010053585.734.35$2,326
Nov 2010055380.843.80$2,099
Oct 201001,03078.103.51$3,614
Sep 2010062972.633.98$2,503
Aug 2010079973.684.42$3,531
Jul 20105250472.554.74$6,160
Jun 20108193370.364.91$10,281
May 2010045071.124.24$1,906
Apr 201001,48581.694.12$6,122
Mar 20101732,93678.394.39$26,447
Feb 201001,92273.585.44$10,460
Jan 201001,48474.365.96$8,851
Dec 200901,86371.445.48$10,216
Nov 200901,77774.593.75$6,666
Oct 20091931,73672.544.11$21,136
Sep 200908365.543.06$254
Aug 20090067.423.22$0
Jul 2009060261.133.46$2,086
Jun 2009070866.163.90$2,758
May 2009072454.743.93$2,842
Apr 200901,02246.773.59$3,666
Mar 2009044442.144.06$1,802
Feb 2009084932.814.63$3,933
Jan 200919624735.865.37$8,355
Dec 2008065437.105.98$3,909
Nov 2008088555.496.86$6,071
Oct 200801,17675.246.92$8,140
Sep 20080557101.767.88$4,388
Aug 20081761,727114.228.48$34,753
Jul 200802,718131.0811.39$30,956
Jun 200802,955131.3313.03$38,511
May 20080148123.1711.57$1,713
Apr 2008090110.3110.45$941
Mar 2008080101.909.66$773
Feb 20082344,47592.538.77$60,900
Jan 20081996,43590.388.21$70,789
Dec 20073948,70188.337.30$98,336
Nov 20071756,70791.677.29$64,948
Oct 20073738,11382.856.92$87,061
Sep 20071969,46575.846.24$73,966
Aug 20073569,54169.066.39$85,533
Jul 200739411,28970.906.39$100,048
Jun 200738610,96762.007.55$106,716
May 200736512,27958.747.85$117,785
Apr 200735710,86859.617.81$106,108
Mar 200748812,42856.927.30$118,526
Feb 200735011,88555.108.22$116,932
Jan 200771714,39750.306.73$132,912
Dec 200642018,98656.656.92$155,147
Nov 200673516,26754.207.62$163,751
Oct 200673221,00354.906.01$166,495
Sep 200673224,24860.085.04$166,121
Aug 200670831,60668.717.34$280,632
Jul 200687528,01369.376.34$238,378
Jun 20061,43234,24866.286.38$313,548
May 20061,60844,37966.016.42$391,279
Apr 20061,77348,13164.397.36$468,431
Mar 20063,06486,51556.707.08$786,508
Feb 20062,159119,20557.597.75$1,048,309
Jan 20060060.598.93$0

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.

Apr 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $101.65 =         $0
Gas                  234 Mcf  × $  2.00 =       $467

────────────────────────────────────────────────────
Month total                                     $467

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/235845 is the state's own key, not one this site invented.