CHAMPION INT'L. UNIT A-1138

Operated by KOVAR OPERATING, LLC (P-5 448984) 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 13407District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$1.1 M
Mar 1995 – Jul 2017
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
269
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
OilDisposition60,122 bbl$1,014,803
Casinghead gasProduction314,346 Mcf$132,592
Total$1,147,394

256,285 Mcf of this lease's gas, across 19 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 (269)

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

269 months

Jul 20170043.873.09$0
Jun 2017174042.493.09$7,393
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20152043.433.10$87
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
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 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 200370030.315.58$2,122
Dec 20020226.914.85$10
Nov 20020224.664.14$8
Oct 20020326.464.23$13
Sep 20020227.443.64$7
Aug 200201625.963.16$51
Jul 20020024.583.06$0
Jun 20020223.733.34$7
May 20020424.663.58$14
Apr 20020023.653.51$0
Mar 20020422.003.10$12
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010216.932.36$5
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010324.262.25$7
Aug 20010324.873.05$9
Jul 2001010423.933.20$333
Jun 2001023024.563.82$880
May 20010925.524.31$39
Apr 20010924.685.34$48
Mar 200141224.545.38$163
Feb 20010027.755.77$0
Jan 200101527.478.40$126
Dec 200001926.889.12$173
Nov 200002432.215.66$136
Oct 20000431.235.15$21
Sep 20000031.875.19$0
Aug 20001212429.644.54$919
Jul 20007028.534.09$200
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 20002779025.272.48$2,642
Dec 199915116524.282.42$4,066
Nov 19990023.192.43$0
Oct 19992242120.982.80$1,642
Sep 19990021.752.62$0
Aug 19993721,37319.262.88$11,113
Jul 19993641,15417.892.37$9,250
Jun 19993601,35315.942.36$8,934
May 19993671,19415.792.32$8,566
Apr 19991741,50415.102.21$5,948
Mar 19996011,44512.471.84$10,151
Feb 19993571,5889.981.82$6,450
Jan 199901,44610.381.90$2,747
Dec 19983701,4009.201.77$5,887
Nov 19985581,22210.892.19$8,748
Oct 199818441312.421.97$3,099
Sep 199818794712.592.08$4,327
Aug 19983641,49811.301.91$6,970
Jul 19983601,63011.742.24$7,873
Jun 19985401,52711.242.24$9,486
May 19983631,20912.622.21$7,249
Apr 19983702,10213.042.51$10,091
Mar 19983762,21412.802.31$9,926
Feb 19983553,70813.952.30$13,477
Jan 19983773,10614.702.15$12,235
Dec 19973731,00816.322.41$8,518
Nov 19973741,37518.193.09$11,049
Oct 199755498719.253.15$13,773
Sep 19975571,40517.742.95$14,033
Aug 19973731,72517.862.55$11,069
Jul 19974892,22417.582.25$13,594
Jun 19973751,94017.242.26$10,844
May 19977462,54818.972.31$20,034
Apr 19975646,63617.882.08$23,906
Mar 19979232,15218.951.94$21,664
Feb 19975732,05920.492.21$16,283
Jan 1997386023.483.54$9,063
Dec 19967023.32$163
Nov 19963821,72221.97$8,393
Oct 19967553,09723.31$17,599
Sep 19965112,17522.22$11,354
Aug 19967383,59720.26$14,952
Jul 1996931019.55$18,201
Jun 1996380018.73$7,117
May 19967512,60219.43$14,592
Apr 19967333,51421.51$15,767
Mar 19961,1282,94119.38$21,861
Feb 19969503,79116.98$16,131
Jan 19969404,01717.07$16,046
Dec 19956611,70417.19$11,363
Nov 19953,21520,03816.00$51,440
Oct 19952,96017,49515.43$45,673
Sep 19953,56921,30816.18$57,746
Aug 19954,10921,07115.92$65,415
Jul 19954,45723,01815.24$67,925
Jun 19953,92825,05316.41$64,458
May 19955,17931,99017.56$90,943
Apr 19955,43137,94217.73$96,292
Mar 19954,65229,21016.44$76,479

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 2017 — as filed, then multipliedworked
Oil                  174 bbl  × $ 42.49 =     $7,393
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $7,393

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/13407 is the state's own key, not one this site invented.