TEXACO FEE UNIT 2

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.

Oil lease lease 13098District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Mar 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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
OilDisposition74,098 bbl$1,155,714
Casinghead gasProduction1,202,648 Mcf$81,156
Total$1,236,870

1,170,562 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.

Every month this lease reported (171)

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

171 months

Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200001429.644.54$64
Jul 20000628.534.09$25
Jun 20000729.304.40$31
May 20000827.263.68$29
Apr 20000724.513.12$22
Mar 20000428.422.86$11
Feb 200001027.622.73$27
Jan 200001325.272.48$32
Dec 19990224.282.42$5
Nov 199901023.192.43$24
Oct 199901420.982.80$39
Sep 19990021.752.62$0
Aug 19990719.262.88$20
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990115.792.32$2
Apr 19990515.102.21$11
Mar 19990812.471.84$15
Feb 1999089.981.82$15
Jan 199901010.381.90$19
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980912.421.97$18
Sep 19980212.592.08$4
Aug 1998016811.301.91$320
Jul 1998018811.742.24$421
Jun 1998018211.242.24$407
May 1998066412.622.21$1,465
Apr 1998048713.042.51$1,220
Mar 1998754012.802.31$1,052
Feb 19981613.952.30$28
Jan 1998030814.702.15$664
Dec 1997113816.322.41$349
Nov 1997114318.193.09$460
Oct 19973807,96719.253.15$32,410
Sep 1997013217.742.95$390
Aug 19971871,62317.862.55$7,486
Jul 19971811,46417.582.25$6,472
Jun 1997201,08017.242.26$2,783
May 19972933,65618.972.31$13,998
Apr 19972004,46817.882.08$12,882
Mar 19971974,30818.951.94$12,087
Feb 199752,62720.492.21$5,897
Jan 19971852,29223.483.54$12,457
Dec 19961962,67023.32$4,571
Nov 19961832,01021.97$4,021
Oct 19961823,19523.31$4,242
Sep 19961943,95622.22$4,311
Aug 19962824,77120.26$5,713
Jul 1996163,95219.55$313
Jun 19961963,03118.73$3,671
May 19963635,70119.43$7,053
Apr 19961953,79621.51$4,194
Mar 19962315,55419.38$4,477
Feb 19964016,79016.98$6,809
Jan 19961792,60417.07$3,056
Dec 19953642,39317.19$6,257
Nov 19952454,64716.00$3,920
Oct 19953786,85015.43$5,833
Sep 19953557,35216.18$5,744
Aug 19952137,28115.92$3,391
Jul 19954939,67015.24$7,513
Jun 19953666,54616.41$6,006
May 19953667,48017.56$6,427
Apr 19954285,51017.73$7,588
Mar 19955483,92316.44$9,009
Feb 19951455,05716.58$2,404
Jan 199546910,17115.92$7,466
Dec 19945517,66115.03$8,282
Nov 199455210,37115.90$8,777
Oct 199436312,73615.58$5,656
Sep 19947249,42415.29$11,070
Aug 19947209,44916.13$11,614
Jul 19947002,33017.56$12,292
Jun 19945378,87917.09$9,177
May 199471135615.88$11,291
Apr 19942,59351,36114.14$36,665
Mar 19942,21168,11712.46$27,549
Feb 19943,07272,43212.50$38,400
Jan 19945,29698,80212.66$67,047
Dec 19935,658104,11012.33$69,763
Nov 19938,305117,58914.49$120,339
Oct 19934,30188,41515.85$68,171
Sep 19932,41142,31915.03$36,237
Aug 19933,52956,58215.66$55,264
Jul 19933,95342,73815.46$61,113
Jun 19933,37744,77316.79$56,700
May 19934,73269,41917.68$83,662
Apr 199310,024116,33918.05$180,933
Mar 199372211,44918.14$13,097
Feb 1993342017.90$6,122
Jan 19930116.93$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.

Aug 2000 — as filed, then multipliedworked
Oil                    0 bbl  × $ 29.64 =         $0
Casinghead gas        14 Mcf  × $  4.54 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/13098 is the state's own key, not one this site invented.