COUNCIL, ESTELLE "70"

Operated by P1 ENERGY, LLC (P-5 631633) 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 165059District 08Field 20101500CondensateGasSaveExport
Value, all time
$619 k
Jan 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
356
9 months not filed
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
CondensateDisposition936 bbl$34,853
GasProduction137,363 Mcf$583,803
Total$618,656

Every month this lease reported (356)

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

356 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
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 201876052.934.24$4,023
Oct 201808461.443.40$285
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 20170042.493.09$0
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 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 2013021991.603.42$749
Dec 2012064386.773.42$2,199
Nov 2012061486.953.62$2,226
Oct 2012046889.383.40$1,591
Sep 2012055294.672.92$1,611
Aug 2012057992.662.91$1,684
Jul 2012067285.133.02$2,030
Jun 2012059279.822.52$1,491
May 2012076091.612.49$1,891
Apr 20120549101.652.00$1,096
Mar 20120851105.052.22$1,891
Feb 20120775101.102.57$1,992
Jan 2012066998.092.73$1,829
Dec 2011083396.873.24$2,699
Nov 2011082695.723.31$2,735
Oct 2011080384.983.65$2,930
Sep 2011060583.623.99$2,411
Aug 2011178183.404.15$3,324
Jul 2011169994.144.52$3,252
Jun 2011166492.904.64$3,174
May 2011183998.134.40$3,794
Apr 20111671105.964.33$3,014
Mar 2011273696.364.06$3,179
Feb 2011162785.644.18$2,706
Jan 2011075386.504.59$3,455
Dec 2010073585.734.35$3,196
Nov 2010184880.843.80$3,299
Oct 2010381478.103.51$3,091
Sep 2010477272.633.98$3,363
Aug 2010164373.684.42$2,915
Jul 2010062772.554.74$2,970
Jun 2010162770.364.91$3,149
May 2010263971.124.24$2,849
Apr 2010575881.694.12$3,533
Mar 2010132278.394.39$1,492
Feb 2010232373.585.44$1,905
Jan 2010240374.365.96$2,552
Dec 2009234971.445.48$2,057
Nov 2009335774.593.75$1,563
Oct 2009343172.544.11$1,989
Sep 2009243065.543.06$1,449
Aug 2009239867.423.22$1,416
Jul 2009238261.133.46$1,446
Jun 2009237666.163.90$1,597
May 2009235554.743.93$1,503
Apr 2009124146.773.59$911
Mar 20096517842.144.06$3,462
Feb 2009022432.814.63$1,038
Jan 2009026035.865.37$1,396
Dec 2008022537.105.98$1,345
Nov 2008016455.496.86$1,125
Oct 2008025675.246.92$1,772
Sep 20080209101.767.88$1,646
Aug 20080208114.228.48$1,764
Jul 20080202131.0811.39$2,301
Jun 20080164131.3313.03$2,137
May 20080202123.1711.57$2,338
Apr 20080206110.3110.45$2,154
Mar 20080238101.909.66$2,300
Feb 2008024492.538.77$2,140
Jan 20085729590.388.21$7,572
Dec 2007022088.337.30$1,606
Nov 20070491.677.29$29
Oct 2007023082.856.92$1,592
Sep 2007025575.846.24$1,592
Aug 2007025469.066.39$1,623
Jul 2007027570.906.39$1,757
Jun 2007029962.007.55$2,257
May 2007049258.747.85$3,860
Apr 2007026659.617.81$2,076
Mar 2007024656.927.30$1,796
Feb 2007035355.108.22$2,900
Jan 2007039350.306.73$2,644
Dec 2006045556.656.92$3,148
Nov 2006043454.207.62$3,306
Oct 2006044054.906.01$2,646
Sep 2006043060.085.04$2,166
Aug 2006041468.717.34$3,039
Jul 20066737069.376.34$6,995
Jun 2006035566.286.38$2,266
May 2006034666.016.42$2,223
Apr 2006032664.397.36$2,400
Mar 2006037356.707.08$2,642
Feb 2006033957.597.75$2,628
Jan 2006037860.598.93$3,377
Dec 20050354.9413.42$40
Nov 2005063754.6910.59$6,745
Oct 2005065458.3413.80$9,022
Sep 2005059861.4512.08$7,223
Aug 2005060761.519.80$5,947
Jul 2005070955.697.84$5,561
Jun 20056869152.337.38$8,659
May 2005069745.226.65$4,636
Apr 2005071949.207.36$5,292
Mar 200501,38450.377.15$9,902
Feb 2005061845.226.31$3,901
Jan 2005067743.166.32$4,280
Dec 2004066539.866.75$4,489
Nov 2004068045.286.33$4,305
Oct 2004062249.706.52$4,052
Sep 2004045743.245.28$2,415
Aug 2004050442.375.55$2,798
Jul 2004057538.286.08$3,498
Jun 2004063636.106.43$4,091
May 2004065737.486.49$4,267
Apr 2004074034.475.86$4,335
Mar 2004082834.365.53$4,579
Feb 2004098732.455.51$5,438
Jan 2004095132.036.30$5,991
Dec 2003096930.266.30$6,106
Nov 20035981028.804.60$5,421
Oct 2003084828.174.76$4,036
Sep 2003085126.314.75$4,042
Aug 2003091129.765.13$4,673
Jul 2003093429.415.17$4,830
Jun 2003070928.565.98$4,242
May 2003055426.595.97$3,309
Apr 2003067726.675.41$3,661
Mar 2003075031.146.10$4,572
Feb 2003064833.487.93$5,136
Jan 2003080830.315.58$4,510
Dec 200201,42126.914.85$6,897
Nov 200201,24224.664.14$5,138
Oct 200201,35526.464.23$5,730
Sep 200201,29327.443.64$4,700
Aug 200201,20625.963.16$3,816
Jul 200201,35124.583.06$4,136
Jun 20023394523.733.34$3,938
May 2002079824.663.58$2,860
Apr 2002096123.653.51$3,375
Mar 200201,06722.003.10$3,311
Feb 2002089818.222.38$2,133
Jan 200201,04117.172.38$2,473
Dec 200101,09416.932.36$2,587
Nov 2001082318.072.41$1,980
Oct 200101,02319.782.53$2,587
Sep 200101,10024.262.25$2,476
Aug 200101,14524.873.05$3,496
Jul 20015997923.933.20$4,542
Jun 2001095524.563.82$3,652
May 2001092625.524.31$3,989
Apr 2001078224.685.34$4,172
Mar 2001079524.545.38$4,274
Feb 2001059127.755.77$3,408
Jan 2001084027.478.40$7,055
Dec 2000097626.889.12$8,904
Nov 2000095732.215.66$5,415
Oct 2000099731.235.15$5,130
Sep 2000086331.875.19$4,476
Aug 2000084829.644.54$3,851
Jul 2000092928.534.09$3,799
Jun 2000084629.304.40$3,720
May 200016791627.263.68$7,923
Apr 2000094724.513.12$2,951
Mar 2000085528.422.86$2,445
Feb 200001,01527.622.73$2,767
Jan 2000092925.272.48$2,304
Dec 1999099624.282.42$2,414
Nov 199901,00023.192.43$2,434
Oct 1999085620.982.80$2,400
Sep 1999092521.752.62$2,422
Aug 1999069219.262.88$1,990
Jul 199901,11517.892.37$2,645
Jun 1999082815.942.36$1,956
May 1999098715.792.32$2,291
Apr 1999089615.102.21$1,978
Mar 1999090512.471.84$1,664
Feb 199907899.981.82$1,434
Jan 1999090210.381.90$1,714
Dec 19981867949.201.77$3,119
Nov 1998096310.892.19$2,105
Oct 199801,18012.421.97$2,324
Sep 1998091012.592.08$1,895
Aug 1998082111.301.91$1,566
Jul 1998089111.742.24$1,993
Jun 199801,00311.242.24$2,244
May 1998089912.622.21$1,984
Apr 1998096413.042.51$2,415
Mar 199801,17712.802.31$2,718
Feb 1998065713.952.30$1,511
Jan 1998095014.702.15$2,047
Dec 1997082816.322.41$1,996
Nov 1997071718.193.09$2,214
Oct 1997092719.253.15$2,920
Sep 1997501,20817.742.95$4,457
Aug 199701,33217.862.55$3,403
Jul 199701,42217.582.25$3,195
Jun 199701,40717.242.26$3,176
May 199701,34018.972.31$3,093
Apr 199701,25117.882.08$2,606
Mar 199701,22018.951.94$2,366
Feb 199701,81020.492.21$3,993
Jan 199701,41123.483.54$4,995
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0

Not filed, and not zero: Apr 1996 – Dec 1996 (9 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Nov 2018 — as filed, then multipliedworked
Condensate            76 bbl  × $ 52.93 =     $4,023
Gas                    0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                   $4,023

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/165059 is the state's own key, not one this site invented.