ARCO/BLACK STONE FEE

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) 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 13161District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$2.3 M
Feb 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
182
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
OilDisposition131,249 bbl$2,207,776
Casinghead gasProduction478,946 Mcf$56,602
Total$2,264,378

452,932 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 (182)

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

182 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
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 20031026.314.75$26
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 2001162023.933.20$3,877
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 200063031.235.15$1,967
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
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 19991802,10915.942.36$7,851
May 19991853,01115.792.32$9,910
Apr 19993725,24015.102.21$17,187
Mar 19992022,89912.471.84$7,848
Feb 19993563,5559.981.82$10,015
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998175012.592.08$2,203
Aug 1998187011.301.91$2,113
Jul 1998184011.742.24$2,160
Jun 1998183011.242.24$2,057
May 19980012.622.21$0
Apr 1998194013.042.51$2,530
Mar 1998184012.802.31$2,355
Feb 1998181013.952.30$2,525
Jan 1998365014.702.15$5,366
Dec 1997544016.322.41$8,878
Nov 1997326018.193.09$5,930
Oct 1997354019.253.15$6,815
Sep 1997032017.742.95$946
Aug 19970017.862.55$0
Jul 199713082917.582.25$4,148
Jun 1997099017.242.26$2,235
May 19971741,57518.972.31$6,937
Apr 19971851,47917.882.08$6,388
Mar 19973601,32618.951.94$9,393
Feb 19973571,91220.492.21$11,533
Jan 1997076923.483.54$2,722
Dec 199641,61523.32$93
Nov 19961621,31521.97$3,559
Oct 19964911,43023.31$11,445
Sep 19963561,60922.22$7,910
Aug 199602,29020.26$0
Jul 199602,09319.55$0
Jun 19963482,04218.73$6,518
May 19963472,44519.43$6,742
Apr 199612,20721.51$22
Mar 19963582,97519.38$6,938
Feb 19962692,37316.98$4,568
Jan 19963572,27317.07$6,094
Dec 19953542,71517.19$6,085
Nov 19953602,70916.00$5,760
Oct 19951792,25915.43$2,762
Sep 19953542,89916.18$5,728
Aug 19955163,46815.92$8,215
Jul 19956843,54815.24$10,424
Jun 19953623,18116.41$5,940
May 19957335,53117.56$12,871
Apr 19957316,30317.73$12,961
Mar 19951,0988,94016.44$18,051
Feb 19959075,15916.58$15,038
Jan 19958733,87015.92$13,898
Dec 19941,1215,54315.03$16,849
Nov 19947162,90615.90$11,384
Oct 19941,4527,38815.58$22,622
Sep 19941,3507,24315.29$20,642
Aug 19941,0422,93716.13$16,807
Jul 19941,5444,66017.56$27,113
Jun 19941,2214,98917.09$20,867
May 19941,4147,58115.88$22,454
Apr 19941,7759,51014.14$25,099
Mar 19942,37910,58512.46$29,642
Feb 19941,6547,87512.50$20,675
Jan 19942,69113,14312.66$34,068
Dec 19932,51010,38612.33$30,948
Nov 19933,61210,26314.49$52,338
Oct 19932,8988,02715.85$45,933
Sep 19933,77012,20615.03$56,663
Aug 19934,45512,78415.66$69,765
Jul 19935,40316,36815.46$83,530
Jun 19936,80820,13516.79$114,306
May 19939,60134,45817.68$169,746
Apr 199315,05156,82718.05$271,671
Mar 199333,49792,00818.14$607,636
Feb 19939,83719,86117.90$176,082

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.

Sep 2003 — as filed, then multipliedworked
Oil                    1 bbl  × $ 26.31 =        $26
Casinghead gas         0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                      $26

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/13161 is the state's own key, not one this site invented.