BEAM

Operated by ROFF OPERATING COMPANY, LLC (P-5 724620) 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 37404District 08Field 11751200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.8 M
Jul 2004 – Jul 2011
Value, last 12 filed months
$655 k
at the published price for each month
Months reported
85
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
OilDisposition116,683 bbl$7,609,290
Casinghead gasProduction320,462 Mcf$2,144,246
Total$9,753,536

Every month this lease reported (85)

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

85 months

Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011914297105.964.33$98,134
Mar 20115503,18996.364.06$65,937
Feb 20115352,34585.644.18$55,619
Jan 20117303,57186.504.59$79,532
Dec 20107193,50785.734.35$76,887
Nov 20106873,45480.843.80$68,646
Oct 20108833,66878.103.51$81,833
Sep 20105213,57172.633.98$52,051
Aug 20108333,42573.684.42$76,512
Jul 20106902,71172.554.74$62,900
Jun 20106972,17170.364.91$59,701
May 20108793,87371.124.24$78,917
Apr 20101,0653,50281.694.12$101,438
Mar 20107144,02878.394.39$73,648
Feb 20108893,64573.585.44$85,250
Jan 20109104,36974.365.96$93,725
Dec 20098864,25471.445.48$86,624
Nov 20097104,32974.593.75$69,199
Oct 20091,0721,56172.544.11$84,179
Sep 20098373,88965.543.06$66,776
Aug 20091,0134,44267.423.22$82,593
Jul 20091,0574,76661.133.46$81,126
Jun 20096913,34866.163.90$58,757
May 20098423,51854.743.93$59,902
Apr 20091,0454,79846.773.59$66,087
Mar 20091,2335,17442.144.06$72,960
Feb 20091,0804,27332.814.63$55,232
Jan 20091,2324,75935.865.37$69,740
Dec 20081,0905,16637.105.98$71,317
Nov 20081,2274,26455.496.86$97,339
Oct 20081,2474,79275.246.92$126,994
Sep 20081,4032,982101.767.88$166,259
Aug 20081,2594,404114.228.48$181,162
Jul 20081,5764,718131.0811.39$260,317
Jun 20081,5915,363131.3313.03$278,840
May 20088914,083123.1711.57$157,002
Apr 20081,0102,034110.3110.45$132,678
Mar 20081,4474,579101.909.66$191,701
Feb 20081,2354,54992.538.77$154,172
Jan 20081,6204,19090.388.21$180,798
Dec 20071,4135,00788.337.30$161,371
Nov 20071,5945,12191.677.29$183,463
Oct 20071,8025,36282.856.92$186,411
Sep 20071,6215,54475.846.24$157,554
Aug 20071,7755,53569.066.39$157,939
Jul 20071,9765,93970.906.39$178,036
Jun 20072,1555,67062.007.55$176,410
May 20071,7945,73458.747.85$150,370
Apr 20072,1605,40659.617.81$170,953
Mar 20072,3626,06756.927.30$178,746
Feb 20071,2733,96755.108.22$102,735
Jan 20072,1585,85550.306.73$147,933
Dec 20062,5386,14756.656.92$186,305
Nov 20062,1815,75854.207.62$162,072
Oct 20061,4624,17854.906.01$105,389
Sep 20061,4763,83560.085.04$107,996
Aug 20061,2783,73268.717.34$115,204
Jul 20061,6354,06969.376.34$139,229
Jun 20061,4503,76366.286.38$120,129
May 20061,9203,86466.016.42$151,565
Apr 20061,6084,00464.397.36$133,010
Mar 20061,7974,15556.707.08$131,319
Feb 20061,6383,76057.597.75$123,477
Jan 20062,3673,87860.598.93$178,060
Dec 20051,6503,98454.9413.42$144,098
Nov 20052,1993,59954.6910.59$158,371
Oct 200552350158.3413.80$37,424
Sep 20051,6253,04461.4512.08$136,625
Aug 20051,9864,11461.519.80$162,463
Jul 20052,3354,34255.697.84$164,093
Jun 20051,6064,18852.337.38$114,954
May 20052,5124,20045.226.65$141,528
Apr 20052,1544,29549.207.36$137,590
Mar 20052,3564,17550.377.15$148,543
Feb 20051,4502,62145.226.31$82,113
Jan 20052,1882,76743.166.32$111,928
Dec 20041,9962,92839.866.75$99,328
Nov 20042,1712,89545.286.33$116,629
Oct 20041,4432,16849.706.52$85,842
Sep 20041,9812,72143.245.28$100,036
Aug 20041,783942.375.55$75,596
Jul 20041,782038.286.08$68,215

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.

Apr 2011 — as filed, then multipliedworked
Oil                  914 bbl  × $105.96 =    $96,847
Casinghead gas       297 Mcf  × $  4.33 =     $1,287

────────────────────────────────────────────────────
Month total                                  $98,134

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/37404 is the state's own key, not one this site invented.