WAKEFIELD TRUST

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) in the SWEETIE PECK (PENNSYLVANIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35010District 08Field 87599568Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.0 M
Mar 1996 – Nov 2008
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
153
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 7 leases and 16 wells, and the rule below applies to all of them.

Discovered
1960-05-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition23,947 bbl$703,991
Casinghead gasProduction48,486 Mcf$334,767
Total$1,038,758

8 Mcf of this lease's gas, across 8 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 (153)

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

153 months

Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 2008960101.767.88$9,769
Aug 200800114.228.48$0
Jul 20081650131.0811.39$21,628
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20080118110.3110.45$1,234
Mar 20080206101.909.66$1,991
Feb 2008015592.538.77$1,359
Jan 200815017190.388.21$14,960
Dec 2007028888.337.30$2,103
Nov 200717223591.677.29$17,481
Oct 2007133282.856.92$2,381
Sep 200714437875.846.24$13,281
Aug 2007042469.066.39$2,708
Jul 200713748470.906.39$12,805
Jun 200714444862.007.55$12,310
May 200717253958.747.85$14,332
Apr 2007047659.617.81$3,715
Mar 2007155456.927.30$4,102
Feb 200734349755.108.22$22,983
Jan 2007060550.306.73$4,070
Dec 200617354956.656.92$13,599
Nov 2006054854.207.62$4,174
Oct 2006357754.906.01$3,635
Sep 200628953860.085.04$20,073
Aug 2006060568.717.34$4,441
Jul 200616860569.376.34$15,492
Jun 2006057366.286.38$3,658
May 200616859666.016.42$14,919
Apr 2006155764.397.36$4,164
Mar 200617655156.707.08$13,882
Feb 200618043557.597.75$13,738
Jan 2006052560.598.93$4,690
Dec 200517347254.9413.42$15,837
Nov 200517952054.6910.59$15,295
Oct 2005062358.3413.80$8,595
Sep 200517358561.4512.08$17,697
Aug 2005061461.519.80$6,015
Jul 200535747455.697.84$23,599
Jun 200533837752.337.38$20,470
May 200502,06145.226.65$13,708
Apr 200504,58449.207.36$33,740
Mar 200503,60950.377.15$25,822
Feb 200502,58645.226.31$16,323
Jan 200502,05443.166.32$12,986
Dec 20041762,06139.866.75$20,929
Nov 200401,63545.286.33$10,350
Oct 20041501,31449.706.52$16,016
Sep 20041871,31843.245.28$15,050
Aug 200401,29942.375.55$7,210
Jul 20041561,20138.286.08$13,279
Jun 20041681,01936.106.43$12,620
May 2004085937.486.49$5,579
Apr 200417173234.475.86$10,183
Mar 200416771034.365.53$9,665
Feb 2004071032.455.51$3,912
Jan 200418375432.036.30$10,611
Dec 200317673830.266.30$9,976
Nov 200317573428.804.60$8,413
Oct 2003075728.174.76$3,603
Sep 200317573526.314.75$8,095
Aug 200316177429.765.13$8,762
Jul 20030029.415.17$0
Jun 2003169028.565.98$4,827
May 2003174026.595.97$4,627
Apr 20030026.675.41$0
Mar 2003204031.146.10$6,353
Feb 20030033.487.93$0
Jan 2003266030.315.58$8,062
Dec 20021026.914.85$27
Nov 2002132024.664.14$3,255
Oct 2002252026.464.23$6,668
Sep 2002176027.443.64$4,829
Aug 20020025.963.16$0
Jul 2002165024.583.06$4,056
Jun 2002174023.733.34$4,129
May 20020024.663.58$0
Apr 2002172023.653.51$4,068
Mar 2002165022.003.10$3,630
Feb 2002172018.222.38$3,134
Jan 2002174017.172.38$2,988
Dec 2001172016.932.36$2,912
Nov 20010018.072.41$0
Oct 2001177019.782.53$3,501
Sep 2001175024.262.25$4,246
Aug 2001173024.873.05$4,303
Jul 2001173023.933.20$4,140
Jun 20010024.563.82$0
May 2001184025.524.31$4,696
Apr 2001175024.685.34$4,319
Mar 2001155024.545.38$3,804
Feb 2001176027.755.77$4,884
Jan 2001176027.478.40$4,835
Dec 2000180026.889.12$4,838
Nov 2000174032.215.66$5,605
Oct 2000173031.235.15$5,403
Sep 20000031.875.19$0
Aug 2000175029.644.54$5,187
Jul 2000179028.534.09$5,107
Jun 2000191029.304.40$5,596
May 2000188027.263.68$5,125
Apr 2000174024.513.12$4,265
Mar 2000177028.422.86$5,030
Feb 2000359027.622.73$9,916
Jan 20000025.272.48$0
Dec 1999357024.282.42$8,668
Nov 1999355023.192.43$8,232
Oct 19990020.982.80$0
Sep 1999176021.752.62$3,828
Aug 1999108019.262.88$2,080
Jul 1999349017.892.37$6,244
Jun 19991,051015.942.36$16,753
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998386010.892.19$4,204
Oct 19980012.421.97$0
Sep 1998342012.592.08$4,306
Aug 1998355011.301.91$4,012
Jul 19980011.742.24$0
Jun 1998346011.242.24$3,889
May 19980012.622.21$0
Apr 1998533013.042.51$6,950
Mar 1998169012.802.31$2,163
Feb 1998183013.952.30$2,553
Jan 1998181014.702.15$2,661
Dec 1997371016.322.41$6,055
Nov 1997180018.193.09$3,274
Oct 1997366019.253.15$7,046
Sep 1997373017.742.95$6,617
Aug 1997183017.862.55$3,268
Jul 1997365017.582.25$6,417
Jun 1997185017.242.26$3,189
May 1997368018.972.31$6,981
Apr 1997376017.882.08$6,723
Mar 1997181018.951.94$3,430
Feb 1997361020.492.21$7,397
Jan 1997377023.483.54$8,852
Dec 1996367023.32$8,558
Nov 1996174021.97$3,823
Oct 1996439123.31$10,233
Sep 1996465122.22$10,332
Aug 1996765120.26$15,499
Jul 19960119.55$0
Jun 1996168118.73$3,147
May 1996338119.43$6,567
Apr 1996340121.51$7,313
Mar 1996264119.38$5,116

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.

Sep 2008 — as filed, then multipliedworked
Oil                   96 bbl  × $101.76 =     $9,769
Casinghead gas         0 Mcf  × $  7.88 =         $0

────────────────────────────────────────────────────
Month total                                   $9,769

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/35010 is the state's own key, not one this site invented.