JAMESON -A-

Operated by J V A OPERATING COMPANY, INC. (P-5 427911) in the JAMESON, NORTH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28744District 08Field 45582666OilCasinghead gasSaveExport
Value, all time
$160 k
Jan 1993 – Jun 2003
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
126
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 60 leases and 239 wells, and the rule below applies to all of them.

Discovered
1953-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1959-09-21.

The Commission's schedule remark for this field reads: NET GOR 510 MCF

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
OilDisposition3,558 bbl$64,399
Casinghead gasProduction140,131 Mcf$95,362
Total$159,762

106,678 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 (126)

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

126 months

Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 200358031.146.10$1,806
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200203923.733.34$130
May 2002016524.663.58$591
Apr 2002017423.653.51$611
Mar 2002018122.003.10$562
Feb 2002018518.222.38$440
Jan 2002022717.172.38$539
Dec 2001022516.932.36$532
Nov 2001020818.072.41$500
Oct 2001023219.782.53$587
Sep 2001028024.262.25$630
Aug 2001025724.873.05$785
Jul 200117725223.933.20$5,041
Jun 2001022224.563.82$849
May 2001030525.524.31$1,314
Apr 2001028224.685.34$1,505
Mar 2001035424.545.38$1,903
Feb 2001030127.755.77$1,736
Jan 2001131727.478.40$2,690
Dec 200014339526.889.12$7,447
Nov 2000041432.215.66$2,342
Oct 2000037331.235.15$1,919
Sep 2000043931.875.19$2,277
Aug 2000043729.644.54$1,984
Jul 2000039028.534.09$1,595
Jun 2000029429.304.40$1,293
May 200016735527.263.68$5,859
Apr 2000031524.513.12$982
Mar 200016659828.422.86$6,428
Feb 2000060627.622.73$1,652
Jan 2000059025.272.48$1,464
Dec 1999064624.282.42$1,566
Nov 1999065923.192.43$1,604
Oct 1999065120.982.80$1,825
Sep 1999063021.752.62$1,650
Aug 1999070919.262.88$2,039
Jul 1999071317.892.37$1,692
Jun 1999069015.942.36$1,630
May 1999071615.792.32$1,662
Apr 199911169115.102.21$3,202
Mar 1999075212.471.84$1,382
Feb 199907059.981.82$1,282
Jan 1999067510.381.90$1,282
Dec 199805179.201.77$917
Nov 1998072910.892.19$1,593
Oct 1998077912.421.97$1,534
Sep 1998063012.592.08$1,312
Aug 1998052311.301.91$998
Jul 1998031011.742.24$694
Jun 19985667411.242.24$2,137
May 1998068212.622.21$1,505
Apr 1998066013.042.51$1,654
Mar 1998068312.802.31$1,577
Feb 1998061813.952.30$1,421
Jan 199812769314.702.15$3,360
Dec 1997065516.322.41$1,579
Nov 1997065218.193.09$2,014
Oct 1997068319.253.15$2,151
Sep 1997068917.742.95$2,036
Aug 1997074317.862.55$1,898
Jul 1997055417.582.25$1,245
Jun 1997056917.242.26$1,284
May 1997072318.972.31$1,669
Apr 1997073817.882.08$1,537
Mar 1997091918.951.94$1,782
Feb 199714965620.492.21$4,500
Jan 1997072523.483.54$2,566
Dec 1996075223.32$0
Nov 1996076721.97$0
Oct 1996069923.31$0
Sep 1996099822.22$0
Aug 199601,03320.26$0
Jul 1996078319.55$0
Jun 1996094218.73$0
May 199601,02619.43$0
Apr 199617697821.51$3,786
Mar 199601,09519.38$0
Feb 1996098216.98$0
Jan 199601,07617.07$0
Dec 199551,06317.19$86
Nov 199501,01216.00$0
Oct 199501,08515.43$0
Sep 199501,05116.18$0
Aug 199501,08415.92$0
Jul 199501,08415.24$0
Jun 199501,03816.41$0
May 199501,08817.56$0
Apr 199501,05217.73$0
Mar 19951711,10916.44$2,811
Feb 199501,00816.58$0
Jan 199501,12915.92$0
Dec 1994099715.03$0
Nov 19941631,09915.90$2,592
Oct 199401,50115.58$0
Sep 199402,57715.29$0
Aug 19941793,81516.13$2,887
Jul 199403,91217.56$0
Jun 19941763,89417.09$3,008
May 199403,83615.88$0
Apr 19941783,89914.14$2,517
Mar 199404,02012.46$0
Feb 19943413,71512.50$4,263
Jan 199404,21612.66$0
Dec 19931814,30012.33$2,232
Nov 199304,11614.49$0
Oct 19931774,42715.85$2,805
Sep 199304,54715.03$0
Aug 19931554,87215.66$2,427
Jul 19931624,63215.46$2,505
Jun 199305,05516.79$0
May 19931675,19317.68$2,953
Apr 199301,57218.05$0
Mar 19931721,50918.14$3,120
Feb 199303,25517.90$0
Jan 199301,78516.93$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.

Mar 2003 — as filed, then multipliedworked
Oil                   58 bbl  × $ 31.14 =     $1,806
Casinghead gas         0 Mcf  × $  6.10 =         $0

────────────────────────────────────────────────────
Month total                                   $1,806

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/O/28744 is the state's own key, not one this site invented.