TEMPLE-INDUSTRIES 2-H

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 13323District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$294 k
Jun 1994 – Mar 2000
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
70
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
OilDisposition12,562 bbl$211,577
Casinghead gasProduction472,587 Mcf$82,440
Total$294,018

438,435 Mcf of this lease's gas, across 27 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 (70)

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

70 months

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 1999181420.982.80$3,809
Sep 19990021.752.62$0
Aug 19991319.262.88$28
Jul 19990017.892.37$0
Jun 19990515.942.36$12
May 19990615.792.32$14
Apr 199911315.102.21$44
Mar 199911312.471.84$36
Feb 1999009.981.82$0
Jan 199911,00010.381.90$1,910
Dec 19981289.201.77$59
Nov 199819310.892.19$214
Oct 199811612.421.97$44
Sep 199801,61012.592.08$3,353
Aug 199803,49511.301.91$6,666
Jul 1998118811.742.24$432
Jun 1998134911.242.24$792
May 19980012.622.21$0
Apr 199817013.042.51$188
Mar 1998161712.802.31$1,438
Feb 1998174913.952.30$1,736
Jan 199812,46514.702.15$5,326
Dec 1997098216.322.41$2,368
Nov 199702,14218.193.09$6,615
Oct 199701,07919.253.15$3,399
Sep 19971853,26817.742.95$12,938
Aug 19971818,69517.862.55$25,446
Jul 1997127217.582.25$629
Jun 1997191217.242.26$2,076
May 19970018.972.31$0
Apr 1997060617.882.08$1,262
Mar 199711,26018.951.94$2,462
Feb 199703,92320.492.21$8,654
Jan 199716228923.483.54$4,827
Dec 199601,79623.32$0
Nov 19961775,38821.97$3,889
Oct 19963529,44923.31$8,205
Sep 1996030222.22$0
Aug 19961152,72120.26$2,330
Jul 199640412,04819.55$7,898
Jun 199618311,43218.73$3,428
May 199624513,58419.43$4,760
Apr 199629116,67221.51$6,259
Mar 19961266,98319.38$2,442
Feb 19961663,18516.98$2,819
Jan 19961728,52617.07$2,936
Dec 199518012,66917.19$3,094
Nov 19952199,65516.00$3,504
Oct 199574512,54515.43$11,495
Sep 19951947,25216.18$3,139
Aug 199540114,85815.92$6,384
Jul 199560916,55815.24$9,281
Jun 1995209,35716.41$328
May 1995197017.56$3,459
Apr 19954186,45817.73$7,411
Mar 19954577,98216.44$7,513
Feb 199587021,45716.58$14,425
Jan 199562520,63715.92$9,950
Dec 199484018,35715.03$12,625
Nov 199452629,63015.90$8,363
Oct 19941,93786,71715.58$30,178
Sep 19941,25372,21715.29$19,158
Aug 19940016.13$0
Jul 19940017.56$0
Jun 1994115017.09$1,965

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.

Oct 1999 — as filed, then multipliedworked
Oil                  181 bbl  × $ 20.98 =     $3,797
Casinghead gas         4 Mcf  × $  2.80 =        $11

────────────────────────────────────────────────────
Month total                                   $3,809

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/13323 is the state's own key, not one this site invented.