M. J. STOCKER

Operated by B.W.O.C., INC. (P-5 41864) 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 14235District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$419 k
Nov 2000 – Jan 2006
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
63
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
OilDisposition4,721 bbl$126,354
Casinghead gasProduction55,085 Mcf$292,288
Total$418,642

Every month this lease reported (63)

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

63 months

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 200552049.207.36$2,558
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200475839.866.75$3,044
Nov 200403845.286.33$241
Oct 200404349.706.52$280
Sep 20040043.245.28$0
Aug 200403242.375.55$178
Jul 200405038.286.08$304
Jun 200405036.106.43$322
May 200403337.486.49$214
Apr 200405034.475.86$293
Mar 200402834.365.53$155
Feb 20040032.455.51$0
Jan 2004011232.036.30$706
Dec 200301330.266.30$82
Nov 200304728.804.60$216
Oct 200303328.174.76$157
Sep 2003025326.314.75$1,202
Aug 20030029.765.13$0
Jul 200302829.415.17$145
Jun 20032048828.565.98$6,353
May 200307326.595.97$436
Apr 200308526.675.41$460
Mar 200309731.146.10$591
Feb 2003019033.487.93$1,506
Jan 2003019030.315.58$1,061
Dec 200206626.914.85$320
Nov 200206924.664.14$285
Oct 2002011826.464.23$499
Sep 2002011227.443.64$407
Aug 2002010025.963.16$316
Jul 2002017124.583.06$524
Jun 2002018823.733.34$628
May 2002026024.663.58$932
Apr 2002014323.653.51$502
Mar 200203522.003.10$109
Feb 20020018.222.38$0
Jan 20020917.172.38$21
Dec 200115918816.932.36$3,136
Nov 20011801,45718.072.41$6,757
Oct 20011901,45719.782.53$7,443
Sep 20011792,62824.262.25$10,259
Aug 20011903,07324.873.05$14,108
Jul 20011893,23623.933.20$14,869
Jun 20011813,68724.563.82$18,545
May 20013733,55725.524.31$24,840
Apr 20011882,64324.685.34$18,741
Mar 20013783,33824.545.38$27,223
Feb 20013703,99627.755.77$33,313
Jan 20013754,14827.478.40$45,139
Dec 20005785,55626.889.12$66,221
Nov 200086013,30932.215.66$103,003

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 2005 — as filed, then multipliedworked
Oil                   52 bbl  × $ 49.20 =     $2,558
Casinghead gas         0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                   $2,558

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/14235 is the state's own key, not one this site invented.