BP FEE A-344

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) 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 15132District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$3.5 M
Aug 2011 – Feb 2020
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
103
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
OilDisposition34,969 bbl$2,819,922
Casinghead gasProduction227,568 Mcf$711,383
Total$3,531,304

Every month this lease reported (103)

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

103 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019109059.012.30$6,432
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20173552,82342.493.09$23,799
May 20171774,71145.373.26$23,404
Apr 20173635,47947.933.21$34,995
Mar 20175437,09646.772.98$46,568
Feb 20177367,28150.452.95$58,629
Jan 20173647,74349.413.42$44,457
Dec 20167406,36148.763.72$59,763
Nov 201603,15642.492.64$8,346
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20161781,12041.442.92$10,652
Jul 20168927,54241.622.92$59,180
Jun 20168699,09745.352.69$63,842
May 20168747,04142.521.99$51,181
Apr 201601,10836.561.99$2,206
Mar 20160033.011.79$0
Feb 20160226.472.06$4
Jan 20165679,19527.352.36$37,248
Dec 20154431,49432.362.00$17,326
Nov 20157094,59838.792.17$37,467
Oct 201503643.552.43$87
Sep 20155254,10442.992.76$33,890
Aug 201501,62640.162.87$4,671
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015174049.822.71$8,669
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201403470.464.25$145
Oct 201417544278.303.90$15,427
Sep 20143431,02686.164.05$33,704
Aug 20141711,14189.394.04$19,890
Jul 201420853596.564.18$22,321
Jun 201417054798.164.74$19,278
May 201434960794.734.73$35,930
Apr 201403095.944.81$144
Mar 2014016695.895.06$839
Feb 2014016597.406.19$1,022
Jan 201418438990.404.86$18,524
Dec 20131801,63691.824.35$23,652
Nov 20131772,29788.853.74$24,313
Oct 20133542,79497.423.78$45,046
Sep 20133482,996104.113.72$47,369
Aug 20133333,121104.253.52$45,709
Jul 20133432,443102.523.72$44,247
Jun 20131762,22394.403.93$25,358
May 20135483,46994.834.15$66,360
Apr 20133724,38293.964.28$53,719
Mar 20135214,97593.623.91$68,243
Feb 20133471,87191.233.42$38,055
Jan 20137014,21491.603.42$78,623
Dec 20125534,15386.773.42$62,188
Nov 20125081,35486.953.62$49,079
Oct 20121771,66289.383.40$21,471
Sep 20129026,28294.672.92$103,726
Aug 2012528092.662.91$48,924
Jul 20126925,46285.133.02$75,410
Jun 20128865,03579.822.52$83,404
May 20128663,72891.612.49$88,611
Apr 20121,2214,984101.652.00$134,067
Mar 20121,3836,155105.052.22$158,961
Feb 20121,3718,433101.102.57$160,283
Jan 20121,7388,66298.092.73$194,163
Dec 20112,82812,41796.873.24$314,176
Nov 20111,1202,05695.723.31$114,014
Oct 20112,46910,76784.983.65$249,099
Sep 20113,10913,30283.623.99$312,994
Aug 20110083.404.15$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.

Dec 2019 — as filed, then multipliedworked
Oil                  109 bbl  × $ 59.01 =     $6,432
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $6,432

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/15132 is the state's own key, not one this site invented.