EXXON-ATLANTIC H & J

Operated by CITATION OIL & GAS CORP. (P-5 154235) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46149District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$553 k
Apr 2015 – May 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
86
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition11,155 bbl$541,042
Casinghead gasProduction4,207 Mcf$12,170
Total$553,212

Every month this lease reported (86)

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

86 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020553030.341.86$16,778
Feb 2020497049.881.98$24,790
Jan 2020444057.252.09$25,419
Dec 201944059.012.30$2,596
Nov 20191251455.302.75$6,951
Oct 20199111353.472.42$5,139
Sep 201916010955.052.66$9,098
Aug 201911510053.112.30$6,338
Jul 20191859056.272.46$10,631
Jun 20191227252.782.49$6,619
May 20191218058.482.74$7,295
Apr 20191169362.632.75$7,521
Mar 20191319856.803.06$7,741
Feb 2019807650.852.79$4,280
Jan 20191286846.033.23$6,111
Dec 20181437046.594.19$6,955
Nov 20181097152.934.24$6,070
Oct 201815410061.443.40$9,802
Sep 2018875859.543.11$5,360
Aug 2018899359.403.07$5,572
Jul 20181839265.142.93$12,190
Jun 20181318260.183.08$8,136
May 20181408965.382.90$9,411
Apr 20181649163.842.90$10,734
Mar 201815310161.222.79$9,648
Feb 20181348061.782.77$8,500
Jan 20181216862.874.01$7,880
Dec 20171808357.272.92$10,551
Nov 20171857555.423.12$10,487
Oct 2017140049.292.98$6,901
Sep 20171929447.523.09$9,414
Aug 201718910945.373.00$8,902
Jul 20171439843.873.09$6,576
Jun 201715110342.493.09$6,734
May 20172378845.373.26$11,040
Apr 20171627547.933.21$8,006
Mar 20171608546.772.98$7,737
Feb 20172027150.452.95$10,401
Jan 20172066749.413.42$10,408
Dec 20161537648.763.72$7,743
Nov 20162136742.492.64$9,228
Oct 201622311046.193.09$10,640
Sep 201627712341.553.10$11,891
Aug 201619912141.442.92$8,600
Jul 201615811141.622.92$6,901
Jun 20161848945.352.69$8,583
May 20161731042.521.99$7,376
Apr 2016162036.561.99$5,923
Mar 20161775233.011.79$5,936
Feb 20161339726.472.06$3,721
Jan 20162047827.352.36$5,764
Dec 20151147732.362.00$3,843
Nov 201514310738.792.17$5,779
Oct 201520914643.552.43$9,456
Sep 20152938742.992.76$12,836
Aug 2015237040.162.87$9,518
Jul 2015356048.152.95$17,141
Jun 2015238056.152.88$13,364
May 2015420055.212.96$23,188
Apr 2015222049.822.71$11,060

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 2020 — as filed, then multipliedworked
Oil                  553 bbl  × $ 30.34 =    $16,778
Casinghead gas         0 Mcf  × $  1.86 =         $0

────────────────────────────────────────────────────
Month total                                  $16,778

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/46149 is the state's own key, not one this site invented.