OZIER

Operated by ARMOR PETROLEUM, INC. (P-5 31585) in the BREEDLOVE (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37311District 08Field 11751200OilCasinghead gasSave
Value, all time
$2.4 M
Nov 2003 – Jun 2015
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition32,854 bbl$2,273,078
Casinghead gasProduction21,880 Mcf$137,962
Total$2,411,040

Every month this lease reported (140)

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

140 months

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 2015127043.433.10$5,516
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20143578.303.90$254
Sep 201419916286.164.05$17,801
Aug 201419617589.394.04$18,227
Jul 201419611396.564.18$19,398
Jun 201419511798.164.74$19,695
May 2014110194.734.73$572
Apr 201420214495.944.81$20,072
Mar 201420113995.895.06$19,977
Feb 201420013797.406.19$20,328
Jan 201418110090.404.86$16,848
Dec 2013178491.824.35$16,361
Nov 2013180088.853.74$15,993
Oct 2013184897.423.78$17,956
Sep 201317720104.113.72$18,502
Aug 2013180133104.253.52$19,234
Jul 2013176198102.523.72$18,780
Jun 201317610694.403.93$17,031
May 2013181094.834.15$17,164
Apr 2013180093.964.28$16,913
Mar 20131805593.623.91$17,067
Feb 2013183491.233.42$16,709
Jan 2013361791.603.42$33,092
Dec 201202486.773.42$82
Nov 2012183086.953.62$15,912
Oct 2012182089.383.40$16,267
Sep 20121783494.672.92$16,950
Aug 2012180092.662.91$16,679
Jul 2012178085.133.02$15,153
Jun 2012176079.822.52$14,048
May 201217711791.612.49$16,506
Apr 201217963101.652.00$18,321
Mar 201218042105.052.22$19,002
Feb 2012187106101.102.57$19,178
Jan 201218120398.092.73$18,309
Dec 201118313096.873.24$18,148
Nov 20111887395.723.31$18,237
Oct 20111831784.983.65$15,613
Sep 201134615783.623.99$29,558
Aug 20111785183.404.15$15,057
Jul 20111806594.144.52$17,239
Jun 2011184592.904.64$17,117
May 20111821598.134.40$17,926
Apr 201118718105.964.33$19,893
Mar 20111782796.364.06$17,262
Feb 20111712485.644.18$14,745
Jan 201136011486.504.59$31,663
Dec 20101038585.734.35$9,200
Nov 2010179880.843.80$14,501
Oct 20103571478.103.51$27,931
Sep 20101774072.633.98$13,015
Aug 20101828573.684.42$13,785
Jul 2010359272.554.74$26,055
Jun 20101756370.364.91$12,622
May 20101774271.124.24$12,766
Apr 20103541481.694.12$28,976
Mar 20101755378.394.39$13,951
Feb 201017811773.585.44$13,734
Jan 201017414174.365.96$13,780
Dec 200918312071.445.48$13,732
Nov 200917516474.593.75$13,669
Oct 20091766072.544.11$13,014
Sep 200917114465.543.06$11,649
Aug 200929618967.423.22$20,565
Jul 200912217561.133.46$8,064
Jun 200920519666.163.90$14,326
May 200930427654.743.93$17,724
Apr 200922326946.773.59$11,395
Mar 200921719042.144.06$9,916
Feb 200923920132.814.63$8,773
Jan 200922718235.865.37$9,118
Dec 200821923237.105.98$9,512
Nov 200823718955.496.86$14,448
Oct 200826417875.246.92$21,095
Sep 2008239108101.767.88$25,171
Aug 2008257185114.228.48$30,924
Jul 2008238179131.0811.39$33,236
Jun 2008298198131.3313.03$41,717
May 2008161176123.1711.57$21,867
Apr 2008178139110.3110.45$21,088
Mar 2008369206101.909.66$39,592
Feb 20087318692.538.77$8,386
Jan 200830627190.388.21$29,880
Dec 200732530588.337.30$30,934
Nov 200722426191.677.29$22,437
Oct 200722422582.856.92$20,116
Sep 200727732675.846.24$23,043
Aug 200730527869.066.39$22,839
Jul 200723132870.906.39$18,473
Jun 200735626762.007.55$24,087
May 200730446358.747.85$21,490
Apr 200724234259.617.81$17,095
Mar 200731928956.927.30$20,268
Feb 200731718655.108.22$18,995
Jan 200725417150.306.73$13,926
Dec 200634114056.656.92$20,286
Nov 200623827254.207.62$14,972
Oct 200641727254.906.01$24,529
Sep 200622111860.085.04$13,872
Aug 200626912868.717.34$19,423
Jul 200626622369.376.34$19,867
Jun 200636015866.286.38$24,869
May 200632114566.016.42$22,121
Apr 200625819564.397.36$18,048
Mar 200624419256.707.08$15,195
Feb 200629217657.597.75$18,180
Jan 200621414560.598.93$14,262
Dec 200534312354.9413.42$20,495
Nov 20052775354.6910.59$15,710
Oct 200527512758.3413.80$17,796
Sep 20053676661.4512.08$23,349
Aug 200524121461.519.80$16,920
Jul 200535119255.697.84$21,053
Jun 200529424752.337.38$17,208
May 200556737145.226.65$28,107
Apr 200528323749.207.36$15,668
Mar 200537129350.377.15$20,784
Feb 200539630945.226.31$19,858
Jan 200531725943.166.32$15,319
Dec 200438631339.866.75$17,499
Nov 200434638745.286.33$18,117
Oct 200460731249.706.52$32,201
Sep 200438626843.245.28$18,107
Aug 200444943842.375.55$21,455
Jul 200447053438.286.08$21,241
Jun 200468862336.106.43$28,845
May 200457757037.486.49$25,328
Apr 200489875434.475.86$35,371
Mar 200436914934.365.53$13,503
Feb 200427215432.455.51$9,675
Jan 20040032.036.30$0
Dec 2003064330.266.30$4,052
Nov 2003054928.804.60$2,523

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.

Jan 2015 — as filed, then multipliedworked
Oil                  127 bbl  × $ 43.43 =     $5,516
Casinghead gas         0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $5,516

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/37311 is the state's own key, not one this site invented.