ESTELLE COUNCIL "70"

Operated by HUNT OIL COMPANY (P-5 416330) in the CONGER, SW (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 134498District 08Field 20101500CondensateGasSaveExport
Value, all time
$961 k
Jan 1993 – Aug 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
272
no gaps in the span
Streams
2
condensate, 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 271 leases and 445 wells, and the rule below applies to all of them.

Discovered
1979-02-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-07-01.

The Commission's schedule remark for this field reads: OPERATOR REQUEST. TEXACO E & P INC ALLICIANT..

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
CondensateDisposition921 bbl$35,047
GasProduction240,603 Mcf$926,124
Total$961,171

71,272 Mcf of this lease's gas, across 48 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 (272)

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

272 months

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 20150043.433.10$0
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 2010220773.684.42$1,062
Jul 2010467972.554.74$3,506
Jun 2010480970.364.91$4,254
May 201051,08771.124.24$4,959
Apr 201091,30981.694.12$6,132
Mar 2010364478.394.39$3,061
Feb 2010465273.585.44$3,843
Jan 2010444074.365.96$2,922
Dec 2009265071.445.48$3,707
Nov 2009270274.593.75$2,783
Oct 2009281972.544.11$3,511
Sep 2009187865.543.06$2,756
Aug 2009079667.423.22$2,562
Jul 2009272461.133.46$2,631
Jun 2009276966.163.90$3,128
May 2009243554.743.93$1,817
Apr 2009272646.773.59$2,698
Mar 20098676442.144.06$6,725
Feb 2009097032.814.63$4,494
Jan 200901,03235.865.37$5,543
Dec 200801,08937.105.98$6,509
Nov 2008081355.496.86$5,577
Oct 200801,09075.246.92$7,545
Sep 20080917101.767.88$7,223
Aug 20080985114.228.48$8,356
Jul 200801,016131.0811.39$11,572
Jun 20080903131.3313.03$11,768
May 20080969123.1711.57$11,215
Apr 20080874110.3110.45$9,138
Mar 200801,011101.909.66$9,770
Feb 2008097492.538.77$8,543
Jan 20085798290.388.21$13,210
Dec 200701,13188.337.30$8,259
Nov 20070091.677.29$0
Oct 200701,18382.856.92$8,189
Sep 200701,25875.846.24$7,855
Aug 200701,24669.066.39$7,959
Jul 200701,15170.906.39$7,353
Jun 200701,35462.007.55$10,221
May 200702,18458.747.85$17,136
Apr 200701,18759.617.81$9,265
Mar 200701,05856.927.30$7,725
Feb 2007098955.108.22$8,126
Jan 200701,10150.306.73$7,406
Dec 200601,27256.656.92$8,800
Nov 200601,21654.207.62$9,263
Oct 200601,23354.906.01$7,415
Sep 200601,20460.085.04$6,065
Aug 200601,15868.717.34$8,500
Jul 2006911,03569.376.34$12,877
Jun 2006099466.286.38$6,346
May 2006096966.016.42$6,226
Apr 2006091464.397.36$6,727
Mar 200601,04456.707.08$7,395
Feb 2006094757.597.75$7,340
Jan 200601,05760.598.93$9,443
Dec 20050354.9413.42$40
Nov 200501,54754.6910.59$16,380
Oct 200501,83258.3413.80$25,274
Sep 200501,67561.4512.08$20,232
Aug 200501,70161.519.80$16,664
Jul 200501,65055.697.84$12,942
Jun 20051081,74252.337.38$18,509
May 200501,95245.226.65$12,983
Apr 200502,01249.207.36$14,809
Mar 200503,87550.377.15$27,725
Feb 200501,73045.226.31$10,920
Jan 200501,89443.166.32$11,974
Dec 200401,86139.866.75$12,564
Nov 200401,90445.286.33$12,053
Oct 200401,74249.706.52$11,349
Sep 200401,27743.245.28$6,748
Aug 200401,35042.375.55$7,493
Jul 200401,30838.286.08$7,958
Jun 200401,21536.106.43$7,816
May 200401,25337.486.49$8,138
Apr 2004096934.475.86$5,677
Mar 200401,06134.365.53$5,867
Feb 200401,14832.455.51$6,325
Jan 200401,16432.036.30$7,333
Dec 200301,19330.266.30$7,518
Nov 2003931,01328.804.60$7,333
Oct 200301,06928.174.76$5,088
Sep 200301,06726.314.75$5,068
Aug 200301,13929.765.13$5,843
Jul 200301,16229.415.17$6,009
Jun 200301,22228.565.98$7,311
May 2003095626.595.97$5,710
Apr 200301,16826.675.41$6,316
Mar 200301,31931.146.10$8,041
Feb 200301,20133.487.93$9,519
Jan 200301,49830.315.58$8,362
Dec 200201,39426.914.85$6,766
Nov 200201,21924.664.14$5,043
Oct 200201,33026.464.23$5,625
Sep 200201,26927.443.64$4,613
Aug 200201,18325.963.16$3,743
Jul 200201,32724.583.06$4,063
Jun 20028492823.733.34$5,091
May 2002078324.663.58$2,806
Apr 2002094323.653.51$3,312
Mar 200201,04722.003.10$3,249
Feb 2002088118.222.38$2,093
Jan 200201,02217.172.38$2,428
Dec 200101,07316.932.36$2,537
Nov 2001080818.072.41$1,944
Oct 200101,00419.782.53$2,539
Sep 200101,07924.262.25$2,429
Aug 200101,12324.873.05$3,429
Jul 20015096023.933.20$4,266
Jun 2001093724.563.82$3,583
May 2001090825.524.31$3,911
Apr 2001076724.685.34$4,092
Mar 2001078024.545.38$4,194
Feb 2001058127.755.77$3,351
Jan 2001082427.478.40$6,921
Dec 2000095826.889.12$8,739
Nov 2000093832.215.66$5,307
Oct 2000097931.235.15$5,037
Sep 2000084631.875.19$4,388
Aug 2000083129.644.54$3,773
Jul 2000091028.534.09$3,722
Jun 2000083029.304.40$3,650
May 2000289927.263.68$3,363
Apr 2000093024.513.12$2,898
Mar 2000083828.422.86$2,396
Feb 2000099627.622.73$2,716
Jan 2000091225.272.48$2,262
Dec 1999098724.282.42$2,392
Nov 1999098223.192.43$2,390
Oct 1999084020.982.80$2,355
Sep 1999090821.752.62$2,378
Aug 1999067819.262.88$1,950
Jul 199901,09417.892.37$2,595
Jun 1999081315.942.36$1,920
May 1999096915.792.32$2,249
Apr 1999088015.102.21$1,943
Mar 1999088812.471.84$1,632
Feb 199908319.981.82$1,511
Jan 1999079910.381.90$1,518
Dec 199806869.201.77$1,217
Nov 1998090110.892.19$1,969
Oct 1998070512.421.97$1,388
Sep 1998087012.592.08$1,812
Aug 1998079311.301.91$1,513
Jul 1998087111.742.24$1,949
Jun 1998099111.242.24$2,217
May 1998088212.622.21$1,946
Apr 1998087113.042.51$2,182
Mar 199801,19012.802.31$2,748
Feb 1998065713.952.30$1,511
Jan 1998078414.702.15$1,689
Dec 1997060316.322.41$1,454
Nov 1997063618.193.09$1,964
Oct 1997088619.253.15$2,791
Sep 1997675417.742.95$2,334
Aug 1997072317.862.55$1,847
Jul 1997076217.582.25$1,712
Jun 1997073417.242.26$1,657
May 1997068918.972.31$1,591
Apr 1997064517.882.08$1,343
Mar 1997069718.951.94$1,352
Feb 199701720.492.21$38
Jan 1997080623.483.54$2,853
Dec 1996071523.32$0
Nov 1996072421.97$0
Oct 1996098223.31$0
Sep 199601,20522.22$0
Aug 1996090420.26$0
Jul 199602,16719.55$0
Jun 1996094918.73$0
May 199601,65019.43$0
Apr 199601,64921.51$0
Mar 199601,74619.38$0
Feb 199601,74116.98$0
Jan 19969382317.07$1,588
Dec 1995075317.19$0
Nov 1995071716.00$0
Oct 199501,34415.43$0
Sep 199501,39316.18$0
Aug 199501,53015.92$0
Jul 199501,41915.24$0
Jun 199501,42716.41$0
May 199501,59517.56$0
Apr 199501,35617.73$0
Mar 199501,03416.44$0
Feb 199501,17716.58$0
Jan 199501,06115.92$0
Dec 19947295315.03$1,082
Nov 199401,09215.90$0
Oct 199401,43415.58$0
Sep 199401,31915.29$0
Aug 199401,70516.13$0
Jul 199401,87917.56$0
Jun 199401,72517.09$0
May 199401,69315.88$0
Apr 199401,86814.14$0
Mar 199401,74512.46$0
Feb 199401,84912.50$0
Jan 199402,43012.66$0
Dec 199301,65512.33$0
Nov 199301,57914.49$0
Oct 199301,41715.85$0
Sep 199302,23515.03$0
Aug 1993851,80415.66$1,331
Jul 1993441,72615.46$680
Jun 199304,52116.79$0
May 199301,02417.68$0
Apr 199301,48918.05$0
Mar 199301,27418.14$0
Feb 199301,34417.90$0
Jan 199301,45116.93$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.

Aug 2010 — as filed, then multipliedworked
Condensate             2 bbl  × $ 73.68 =       $147
Gas                  207 Mcf  × $  4.42 =       $915

────────────────────────────────────────────────────
Month total                                   $1,062

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. 08/G/134498 is the state's own key, not one this site invented.