NOELKE

Operated by CIMAREX ENERGY CO. OF COLORADO (P-5 153429) in the YUCCA BUTTE, W. (ELLEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35997District 08Field 99583400Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.4 M
Mar 1999 – Jun 2012
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
160
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 35 leases and 40 wells, and the rule below applies to all of them.

Discovered
1975-04-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-03-23.

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.

The Commission's schedule remark for this field reads: 40 ACRE OPTIONS AND ADOPTED A TWO PART ALLOCATION FORMULA.

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
OilDisposition15,983 bbl$511,571
Casinghead gasProduction202,662 Mcf$898,120
Total$1,409,691

Every month this lease reported (160)

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

160 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121350105.052.22$14,182
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 20100073.684.42$0
Jul 20101372.554.74$87
Jun 201024670.364.91$367
May 2010412271.124.24$801
Apr 201038581.694.12$596
Mar 20101756078.394.39$13,982
Feb 201011673.585.44$161
Jan 201001374.365.96$78
Dec 200903671.445.48$197
Nov 2009135274.593.75$1,395
Oct 2009243172.544.11$1,917
Sep 2009233965.543.06$1,170
Aug 20091784567.423.22$12,146
Jul 2009315961.133.46$734
Jun 200934266.163.90$362
May 200961954.743.93$403
Apr 200999946.773.59$776
Mar 200918622342.144.06$8,743
Feb 2009544832.814.63$2,240
Jan 2009114735.865.37$825
Dec 2008435537.105.98$2,270
Nov 2008048155.496.86$3,300
Oct 2008545475.246.92$3,519
Sep 20081193101.767.88$1,622
Aug 20080126114.228.48$1,069
Jul 20082131131.0811.39$1,754
Jun 2008519131.3313.03$904
May 200817237123.1711.57$21,613
Apr 200800110.3110.45$0
Mar 20085341101.909.66$3,805
Feb 2008336792.538.77$3,496
Jan 200846090.388.21$854
Dec 200705388.337.30$387
Nov 2007057391.677.29$4,178
Oct 200703982.856.92$270
Sep 200708975.846.24$556
Aug 2007017569.066.39$1,118
Jul 2007350070.906.39$24,815
Jun 200705862.007.55$438
May 200701,03358.747.85$8,105
Apr 200701,47059.617.81$11,474
Mar 200701,05756.927.30$7,718
Feb 200701,36455.108.22$11,207
Jan 20071871,63250.306.73$20,384
Dec 200601,40356.656.92$9,707
Nov 200601,61554.207.62$12,302
Oct 20061821,35154.906.01$18,116
Sep 200601,32560.085.04$6,674
Aug 2006054368.717.34$3,986
Jul 2006062969.376.34$3,990
Jun 200618369366.286.38$16,553
May 2006073466.016.42$4,716
Apr 2006040864.397.36$3,003
Mar 200618177856.707.08$15,773
Feb 200618170657.597.75$15,896
Jan 2006092960.598.93$8,299
Dec 2005061554.9413.42$8,250
Nov 200518418854.6910.59$12,054
Oct 2005032458.3413.80$4,470
Sep 2005024961.4512.08$3,008
Aug 200505461.519.80$529
Jul 2005076555.697.84$6,000
Jun 20051174752.337.38$6,089
May 200519572345.226.65$13,627
Apr 20051154749.207.36$4,567
Mar 2005070450.377.15$5,037
Feb 200519566645.226.31$13,022
Jan 2005021343.166.32$1,347
Dec 20040039.866.75$0
Nov 20041643345.286.33$3,466
Oct 20041255149.706.52$4,186
Sep 20041043.245.28$43
Aug 2004831542.375.55$2,087
Jul 2004291238.286.08$5,625
Jun 20041842,31336.106.43$21,522
May 20041892,27937.486.49$21,885
Apr 20041732,13034.475.86$18,442
Mar 200402,14434.365.53$11,857
Feb 20041841,70732.455.51$15,376
Jan 200401,57132.036.30$9,897
Dec 2003366230.266.30$4,262
Nov 20033502,30828.804.60$20,686
Oct 200301,31628.174.76$6,264
Sep 20031862,19726.314.75$15,328
Aug 20031813,14229.765.13$21,504
Jul 20031952,36129.415.17$17,943
Jun 200351,95328.565.98$11,828
May 20031911,62526.595.97$14,784
Apr 200301,09726.675.41$5,932
Mar 20033832,46231.146.10$26,935
Feb 2003942,08933.487.93$19,704
Jan 20032022,20930.315.58$18,453
Dec 2002082526.914.85$4,004
Nov 200201,71224.664.14$7,082
Oct 20022072,52926.464.23$16,173
Sep 20022022,05627.443.64$13,017
Aug 200201,62525.963.16$5,142
Jul 20022431,74324.583.06$11,310
Jun 20021931,21723.733.34$8,643
May 20021912,04724.663.58$12,047
Apr 200202,39023.653.51$8,394
Mar 20021941,24222.003.10$8,122
Feb 20021951,89118.222.38$8,045
Jan 20021941,46617.172.38$6,814
Dec 200101,11616.932.36$2,639
Nov 20011922,25718.072.41$8,899
Oct 200102,25819.782.53$5,710
Sep 200119379924.262.25$6,481
Aug 200119140924.873.05$5,999
Jul 20011942,16023.933.20$11,548
Jun 20011092,35224.563.82$11,671
May 20011931,80025.524.31$12,679
Apr 2001077124.685.34$4,114
Mar 2001089624.545.38$4,817
Feb 200134866527.755.77$13,492
Jan 2001032927.478.40$2,763
Dec 2000040826.889.12$3,722
Nov 200001,79332.215.66$10,145
Oct 20001854,25531.235.15$27,672
Sep 20003868,11431.875.19$54,385
Aug 20005386,57429.644.54$45,797
Jul 20003636,00628.534.09$34,919
Jun 20003567,52129.304.40$43,503
May 20003627,51727.263.68$37,529
Apr 20003557,20224.513.12$31,142
Mar 20003586,93028.422.86$29,992
Feb 20007185,64727.622.73$35,228
Jan 2000402025.272.48$10,159
Dec 1999361024.282.42$8,765
Nov 19993653,45123.192.43$16,864
Oct 19993571,79220.982.80$12,514
Sep 199902,33221.752.62$6,107
Aug 19993544,69319.262.88$20,313
Jul 19993533,86517.892.37$15,484
Jun 19997105,31315.942.36$23,867
May 19993547,22015.792.32$22,347
Apr 19997307,75615.102.21$28,149
Mar 1999024112.471.84$443

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 2012 — as filed, then multipliedworked
Oil                  135 bbl  × $105.05 =    $14,182
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                  $14,182

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/35997 is the state's own key, not one this site invented.