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 11751200Hydrogen sulphide fieldOilCasinghead gasSaveExport
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

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 37 leases and 62 wells, and the rule below applies to all of them.

Discovered
1962-02-07
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 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.

The Commission's schedule remark for this field reads: “OP. 80 ACRE DIAG. 3250”

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.