OAKLAND CORPORATION

Name: OAKLAND CORPORATION lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PEGASI OPERATING INC. (P-5 650623) in the KILDARE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 93298District 06Field 49204200NGPA filingCondensateGasSave Export

Value, all time

$991 k

Jan 1993 – Jun 2014

Value, last 12 filed months

at the published price for each month

Months reported

258

no gaps in the span

Streams

condensate, gas

The KILDARE (COTTON VALLEY) field

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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered

1972-03-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

2,000 ft

minimum

From a lease line

1,000 ft

minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 03/01/96.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,645 bbl	$37,878
Gas	Production	357,869 Mcf	$952,674
Total			$990,552

170,019 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.9175, -94.2243. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.91746, -94.22434 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,294 ft

1 wells filed one

Completion to plug

33.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,294 ft.

Completions filed

Mar 1981

1 of 1 wells

Plug dates filed

Jun 2014

1 of 1 wells

Last completion to plug: a median of 33.3 years across the 1 well that filed both dates, with the middle half between 33.3 years and 33.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-06730338	4	10,294 ft	Mar 1981	Jun 2014	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (258)

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

258 months


Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	188	0	79.82	2.52	$15,006
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	13	101.65	2.00	$26
Mar 2012	0	109	105.05	2.22	$242
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	224	96.87	3.24	$726
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	32	94.14	4.52	$145
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	14	98.13	4.40	$62
Apr 2011	0	467	105.96	4.33	$2,024
Mar 2011	0	1,408	96.36	4.06	$5,713
Feb 2011	0	1,136	85.64	4.18	$4,748
Jan 2011	0	1,175	86.50	4.59	$5,392
Dec 2010	0	1,716	85.73	4.35	$7,461
Nov 2010	0	658	80.84	3.80	$2,497
Oct 2010	0	1,068	78.10	3.51	$3,747
Sep 2010	0	1,577	72.63	3.98	$6,276
Aug 2010	0	2,035	73.68	4.42	$8,993
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	143	71.12	4.24	$606
Apr 2010	0	743	81.69	4.12	$3,063
Mar 2010	0	966	78.39	4.39	$4,239
Feb 2010	0	837	73.58	5.44	$4,555
Jan 2010	0	1,264	74.36	5.96	$7,539
Dec 2009	0	996	71.44	5.48	$5,462
Nov 2009	0	2,084	74.59	3.75	$7,818
Oct 2009	0	411	72.54	4.11	$1,689
Sep 2009	0	20	65.54	3.06	$61
Aug 2009	0	783	67.42	3.22	$2,520
Jul 2009	0	1,329	61.13	3.46	$4,604
Jun 2009	0	1,301	66.16	3.90	$5,067
May 2009	0	1,634	54.74	3.93	$6,415
Apr 2009	0	1,558	46.77	3.59	$5,589
Mar 2009	0	1,768	42.14	4.06	$7,176
Feb 2009	0	1,276	32.81	4.63	$5,912
Jan 2009	0	1,072	35.86	5.37	$5,758
Dec 2008	0	629	37.10	5.98	$3,760
Nov 2008	0	1,323	55.49	6.86	$9,076
Oct 2008	0	1,227	75.24	6.92	$8,493
Sep 2008	0	1,447	101.76	7.88	$11,398
Aug 2008	0	1,574	114.22	8.48	$13,352
Jul 2008	0	1,536	131.08	11.39	$17,494
Jun 2008	0	1,312	131.33	13.03	$17,099
May 2008	0	1,108	123.17	11.57	$12,824
Apr 2008	0	1,036	110.31	10.45	$10,831
Mar 2008	0	1,562	101.90	9.66	$15,095
Feb 2008	0	1,544	92.53	8.77	$13,542
Jan 2008	0	723	90.38	8.21	$5,933
Dec 2007	0	1,028	88.33	7.30	$7,506
Nov 2007	0	1,393	91.67	7.29	$10,157
Oct 2007	0	1,841	82.85	6.92	$12,743
Sep 2007	0	1,832	75.84	6.24	$11,439
Aug 2007	0	2,122	69.06	6.39	$13,555
Jul 2007	0	1,766	70.90	6.39	$11,281
Jun 2007	0	1,061	62.00	7.55	$8,009
May 2007	0	1,501	58.74	7.85	$11,777
Apr 2007	0	2,049	59.61	7.81	$15,993
Mar 2007	0	1,377	56.92	7.30	$10,055
Feb 2007	0	499	55.10	8.22	$4,100
Jan 2007	0	1,081	50.30	6.73	$7,272
Dec 2006	0	1,247	56.65	6.92	$8,627
Nov 2006	0	1,394	54.20	7.62	$10,619
Oct 2006	0	1,542	54.90	6.01	$9,273
Sep 2006	0	1,772	60.08	5.04	$8,926
Aug 2006	0	2,282	68.71	7.34	$16,750
Jul 2006	0	899	69.37	6.34	$5,702
Jun 2006	0	929	66.28	6.38	$5,931
May 2006	0	1,106	66.01	6.42	$7,106
Apr 2006	0	1,318	64.39	7.36	$9,701
Mar 2006	0	1,631	56.70	7.08	$11,552
Feb 2006	0	1,182	57.59	7.75	$9,162
Jan 2006	0	1,831	60.59	8.93	$16,357
Dec 2005	0	1,887	54.94	13.42	$25,315
Nov 2005	0	808	54.69	10.59	$8,555
Oct 2005	0	959	58.34	13.80	$13,230
Sep 2005	0	710	61.45	12.08	$8,576
Aug 2005	0	2,204	61.51	9.80	$21,592
Jul 2005	0	810	55.69	7.84	$6,353
Jun 2005	0	2,304	52.33	7.38	$17,006
May 2005	0	666	45.22	6.65	$4,430
Apr 2005	0	1,449	49.20	7.36	$10,665
Mar 2005	0	1,557	50.37	7.15	$11,140
Feb 2005	0	844	45.22	6.31	$5,327
Jan 2005	0	1,508	43.16	6.32	$9,534
Dec 2004	0	1,092	39.86	6.75	$7,372
Nov 2004	0	1,522	45.28	6.33	$9,635
Oct 2004	0	331	49.70	6.52	$2,157
Sep 2004	0	901	43.24	5.28	$4,761
Aug 2004	0	768	42.37	5.55	$4,263
Jul 2004	0	731	38.28	6.08	$4,448
Jun 2004	0	626	36.10	6.43	$4,027
May 2004	0	513	37.48	6.49	$3,332
Apr 2004	0	285	34.47	5.86	$1,670
Mar 2004	0	745	34.36	5.53	$4,120
Feb 2004	0	200	32.45	5.51	$1,102
Jan 2004	0	272	32.03	6.30	$1,714
Dec 2003	0	561	30.26	6.30	$3,535
Nov 2003	0	550	28.80	4.60	$2,527
Oct 2003	0	519	28.17	4.76	$2,470
Sep 2003	0	1,071	26.31	4.75	$5,087
Aug 2003	0	815	29.76	5.13	$4,181
Jul 2003	0	1,006	29.41	5.17	$5,202
Jun 2003	0	714	28.56	5.98	$4,272
May 2003	0	553	26.59	5.97	$3,303
Apr 2003	0	397	26.67	5.41	$2,147
Mar 2003	0	235	31.14	6.10	$1,433
Feb 2003	0	410	33.48	7.93	$3,250
Jan 2003	0	289	30.31	5.58	$1,613
Dec 2002	0	441	26.91	4.85	$2,141
Nov 2002	0	668	24.66	4.14	$2,763
Oct 2002	0	847	26.46	4.23	$3,582
Sep 2002	0	458	27.44	3.64	$1,665
Aug 2002	0	574	25.96	3.16	$1,816
Jul 2002	0	833	24.58	3.06	$2,550
Jun 2002	0	1,177	23.73	3.34	$3,929
May 2002	0	859	24.66	3.58	$3,079
Apr 2002	0	1,313	23.65	3.51	$4,612
Mar 2002	0	580	22.00	3.10	$1,800
Feb 2002	0	679	18.22	2.38	$1,613
Jan 2002	0	800	17.17	2.38	$1,901
Dec 2001	0	932	16.93	2.36	$2,204
Nov 2001	0	1,073	18.07	2.41	$2,581
Oct 2001	0	1,218	19.78	2.53	$3,080
Sep 2001	0	738	24.26	2.25	$1,661
Aug 2001	0	1,832	24.87	3.05	$5,593
Jul 2001	0	1,371	23.93	3.20	$4,383
Jun 2001	0	814	24.56	3.82	$3,113
May 2001	0	937	25.52	4.31	$4,036
Apr 2001	0	1,234	24.68	5.34	$6,584
Mar 2001	0	570	24.54	5.38	$3,065
Feb 2001	0	524	27.75	5.77	$3,022
Jan 2001	0	407	27.47	8.40	$3,418
Dec 2000	0	216	26.88	9.12	$1,970
Nov 2000	0	351	32.21	5.66	$1,986
Oct 2000	0	380	31.23	5.15	$1,955
Sep 2000	0	406	31.87	5.19	$2,106
Aug 2000	0	487	29.64	4.54	$2,211
Jul 2000	0	711	28.53	4.09	$2,908
Jun 2000	0	129	29.30	4.40	$567
May 2000	0	505	27.26	3.68	$1,858
Apr 2000	0	425	24.51	3.12	$1,324
Mar 2000	0	408	28.42	2.86	$1,167
Feb 2000	0	411	27.62	2.73	$1,121
Jan 2000	0	326	25.27	2.48	$809
Dec 1999	0	485	24.28	2.42	$1,176
Nov 1999	0	336	23.19	2.43	$818
Oct 1999	0	386	20.98	2.80	$1,082
Sep 1999	0	347	21.75	2.62	$909
Aug 1999	39	710	19.26	2.88	$2,793
Jul 1999	0	877	17.89	2.37	$2,081
Jun 1999	0	962	15.94	2.36	$2,272
May 1999	0	1,510	15.79	2.32	$3,505
Apr 1999	189	1,797	15.10	2.21	$6,822
Mar 1999	1	1,097	12.47	1.84	$2,029
Feb 1999	0	927	9.98	1.82	$1,685
Jan 1999	0	2,382	10.38	1.90	$4,526
Dec 1998	0	2,226	9.20	1.77	$3,947
Nov 1998	1	1,638	10.89	2.19	$3,591
Oct 1998	0	2,464	12.42	1.97	$4,852
Sep 1998	1	1,721	12.59	2.08	$3,597
Aug 1998	0	1,416	11.30	1.91	$2,701
Jul 1998	1	1,210	11.74	2.24	$2,719
Jun 1998	0	1,267	11.24	2.24	$2,835
May 1998	1	1,585	12.62	2.21	$3,510
Apr 1998	0	2,186	13.04	2.51	$5,477
Mar 1998	0	2,506	12.80	2.31	$5,787
Feb 1998	0	2,412	13.95	2.30	$5,546
Jan 1998	0	2,778	14.70	2.15	$5,986
Dec 1997	0	1,986	16.32	2.41	$4,788
Nov 1997	0	2,529	18.19	3.09	$7,810
Oct 1997	2	1,490	19.25	3.15	$4,732
Sep 1997	0	2,204	17.74	2.95	$6,513
Aug 1997	0	2,403	17.86	2.55	$6,139
Jul 1997	0	1,671	17.58	2.25	$3,755
Jun 1997	0	1,465	17.24	2.26	$3,307
May 1997	0	1,136	18.97	2.31	$2,622
Apr 1997	0	551	17.88	2.08	$1,148
Mar 1997	0	393	18.95	1.94	$762
Feb 1997	0	383	20.49	2.21	$845
Jan 1997	0	447	23.48	3.54	$1,582
Dec 1996	0	153	23.32	—	$0
Nov 1996	0	1,025	21.97	—	$0
Oct 1996	0	1,144	23.31	—	$0
Sep 1996	0	1,110	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	111	1,456	19.55	—	$2,170
Jun 1996	2	3,345	18.73	—	$37
May 1996	0	3,228	19.43	—	$0
Apr 1996	0	3,139	21.51	—	$0
Mar 1996	0	3,229	19.38	—	$0
Feb 1996	0	1,825	16.98	—	$0
Jan 1996	1	2,972	17.07	—	$17
Dec 1995	1	3,504	17.19	—	$17
Nov 1995	0	4,130	16.00	—	$0
Oct 1995	192	3,721	15.43	—	$2,963
Sep 1995	0	3,878	16.18	—	$0
Aug 1995	0	3,655	15.92	—	$0
Jul 1995	1	3,729	15.24	—	$15
Jun 1995	1	3,729	16.41	—	$16
May 1995	0	4,353	17.56	—	$0
Apr 1995	0	4,559	17.73	—	$0
Mar 1995	0	3,923	16.44	—	$0
Feb 1995	193	4,501	16.58	—	$3,200
Jan 1995	1	4,003	15.92	—	$16
Dec 1994	0	4,508	15.03	—	$0
Nov 1994	0	4,025	15.90	—	$0
Oct 1994	195	4,469	15.58	—	$3,038
Sep 1994	0	4,635	15.29	—	$0
Aug 1994	0	3,616	16.13	—	$0
Jul 1994	0	4,280	17.56	—	$0
Jun 1994	0	4,490	17.09	—	$0
May 1994	170	4,124	15.88	—	$2,700
Apr 1994	0	4,222	14.14	—	$0
Mar 1994	0	4,043	12.46	—	$0
Feb 1994	0	4,800	12.50	—	$0
Jan 1994	176	3,391	12.66	—	$2,228
Dec 1993	0	3,679	12.33	—	$0
Nov 1993	2	1,103	14.49	—	$29
Oct 1993	0	4,100	15.85	—	$0
Sep 1993	0	3,673	15.03	—	$0
Aug 1993	0	6,679	15.66	—	$0
Jul 1993	176	2,706	15.46	—	$2,721
Jun 1993	0	4,646	16.79	—	$0
May 1993	0	3,252	17.68	—	$0
Apr 1993	0	3,871	18.05	—	$0
Mar 1993	0	4,176	18.14	—	$0
Feb 1993	0	5,128	17.90	—	$0
Jan 1993	0	6,092	16.93	—	$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.

Jun 2012 — as filed, then multipliedworked

Condensate           188 bbl  × $ 79.82 =    $15,006
Gas                    0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                  $15,006

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/93298 is the state's own key, not one this site invented.