ARCO-VASTAR UNIT A-172

Operated by UNION PACIFIC RESOURCES COMPANY (P-5 876645) 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.

Oil lease lease 13031District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$678 k
Jan 1993 – Jul 2000
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
91
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition39,346 bbl$677,659
Casinghead gasProduction261,850 Mcf$0
Total$677,659

261,850 Mcf of this lease's gas, across 25 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.

Every month this lease reported (91)

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

91 months

Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000131024.513.12$3,211
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19961781,25722.22$3,955
Aug 199651667720.26$10,454
Jul 19965366,75219.55$10,479
Jun 19963637,09118.73$6,799
May 19965379,75219.43$10,434
Apr 19963585,16521.51$7,701
Mar 19965356,59619.38$10,368
Feb 19967015,56916.98$11,903
Jan 1996179017.07$3,056
Dec 19955071,81617.19$8,715
Nov 19951,03313,30416.00$16,528
Oct 19951,4086,01315.43$21,725
Sep 1995525016.18$8,495
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 199520877216.44$3,420
Feb 19951161,87816.58$1,923
Jan 19953111,78315.92$4,951
Dec 1994445,05415.03$661
Nov 1994422,91615.90$668
Oct 19942714,83515.58$4,222
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 1993904015.03$13,587
Aug 19931,97510,42915.66$30,929
Jul 19932,50611,80515.46$38,743
Jun 19933,49219,35316.79$58,631
May 19933,04522,41517.68$53,836
Apr 19933,40424,17618.05$61,442
Mar 19933,49823,75418.14$63,454
Feb 19933,93927,36717.90$70,508
Jan 19938,08441,32116.93$136,862

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 2000 — as filed, then multipliedworked
Oil                  131 bbl  × $ 24.51 =     $3,211
Casinghead gas         0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $3,211

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/O/13031 is the state's own key, not one this site invented.