ARCO FEE A-254

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) 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 273010District 06Field 12193500CondensateGasSaveExport
Value, all time
$68 k
Jun 2013 – Feb 2020
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
81
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
CondensateDisposition883 bbl$39,503
GasProduction9,570 Mcf$28,994
Total$68,497

Every month this lease reported (81)

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

81 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019147059.012.30$8,674
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20178050.452.95$404
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016028642.492.64$756
Oct 2016012746.193.09$392
Sep 201601,80241.553.10$5,587
Aug 20161851,91241.442.92$13,258
Jul 20161822,35941.622.92$14,473
Jun 201618035945.352.69$9,127
May 2016080742.521.99$1,607
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201518135338.792.17$7,786
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 201503842.892.93$112
Feb 201503744.662.98$110
Jan 201501943.433.10$59
Dec 2014013154.693.59$470
Nov 201405470.464.25$230
Oct 201409278.303.90$359
Sep 20140086.164.05$0
Aug 20140989.394.04$36
Jul 201407296.564.18$301
Jun 201404098.164.74$189
May 201405194.734.73$241
Apr 2014010095.944.81$481
Mar 201409495.895.06$475
Feb 201405397.406.19$328
Jan 201405490.404.86$262
Dec 2013012991.824.35$562
Nov 201306088.853.74$224
Oct 2013011997.423.78$450
Sep 20130120104.113.72$446
Aug 2013052104.253.52$183
Jul 20130165102.523.72$613
Jun 201307694.403.93$299

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.

Dec 2019 — as filed, then multipliedworked
Condensate           147 bbl  × $ 59.01 =     $8,674
Gas                    0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $8,674

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/273010 is the state's own key, not one this site invented.