MAPACHE '32' UNIT

Operated by THREE SPAN OIL & GAS, INC. (P-5 857911) in the ENTERPRISE (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46672District 08Field 29170500OilCasinghead gasSaveExport
Value, all time
$8.1 M
Mar 2015 – Dec 2020
Value, last 12 filed months
$182 k
at the published price for each month
Months reported
70
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1987-03-17
as the register files it
Field class
Oil
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 2014-08-14.

The Commission's schedule remark for this field reads: CONSOLIDATED IN TO THE GARDEN CITY, S. (WOLFCAMP) FIELD EFFECTIVE

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
OilDisposition150,646 bbl$7,337,864
Casinghead gasProduction263,596 Mcf$766,156
Total$8,104,020

Every month this lease reported (70)

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

70 months

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 20201,4598934.901.69$51,070
May 20206549116.921.81$11,231
Apr 2020016214.751.80$292
Mar 20201,39857930.341.86$43,490
Feb 20207084849.881.98$35,410
Jan 202068360657.252.09$40,371
Dec 20193713659.012.30$21,976
Nov 20192942555.302.75$16,327
Oct 201985960153.472.42$47,384
Sep 201934810155.052.66$19,426
Aug 20196542,84053.112.30$41,278
Jul 20193221,05656.272.46$20,717
Jun 20195201352.782.49$27,478
May 20196962,17758.482.74$46,668
Apr 20191,0372,49662.632.75$71,813
Mar 20191,0013,58556.803.06$67,834
Feb 20199453,86450.852.79$58,842
Jan 201971473946.033.23$35,251
Dec 20181,0103,56846.594.19$61,990
Nov 20181,3766,40152.934.24$99,954
Oct 20182,1176,31761.443.40$151,534
Sep 20181,7078,08459.543.11$126,760
Aug 20186693,77959.403.07$51,327
Jul 20181,4394,71265.142.93$107,551
Jun 20181,1695,69560.183.08$87,873
May 20181,3675,64465.382.90$105,747
Apr 20181,6896,19863.842.90$125,805
Mar 20181,0316,63761.222.79$81,614
Feb 20181,5876,77661.782.77$116,788
Jan 20182,3987,29962.874.01$180,026
Dec 20171,7944,00757.272.92$114,449
Nov 20171,7022,33155.423.12$101,594
Oct 20172,0985,03549.292.98$118,433
Sep 20172,7315,77647.523.09$147,609
Aug 20172,7156,31645.373.00$142,155
Jul 2017341743.873.09$14,981
Jun 20172,0661,35442.493.09$91,965
May 20174,0305,57745.373.26$201,041
Apr 201755292747.933.21$29,435
Mar 20172,1874,20846.772.98$114,841
Feb 20171,0462,20450.452.95$59,278
Jan 20171,3761,74749.413.42$73,961
Dec 20161,3751,95048.763.72$74,305
Nov 20161,4297542.492.64$60,917
Oct 20162,1143,28246.193.09$107,788
Sep 20161,3883,34341.553.10$68,037
Aug 20162,0753,55941.442.92$96,396
Jul 20162,0474,57141.622.92$98,563
Jun 20162,1154,23245.352.69$107,282
May 20162,1003,80842.521.99$96,874
Apr 20161,7203,80836.561.99$70,465
Mar 20161,7583,72333.011.79$64,711
Feb 20163,4763,96626.472.06$100,194
Jan 20162,4183,21227.352.36$73,727
Dec 20151,3952,76332.362.00$50,672
Nov 201518355038.792.17$8,291
Oct 20154,5759,56243.552.43$222,444
Sep 20155,31914,43842.992.76$268,490
Aug 20157,69612,40740.162.87$344,710
Jul 20156,4299,35948.152.95$337,119
Jun 201512,8379,22656.152.88$747,395
May 201516,5859,07555.212.96$942,479
Apr 201517,45921,25749.822.71$927,341
Mar 20151,2935,72342.892.93$72,252

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.

Jun 2020 — as filed, then multipliedworked
Oil                1,459 bbl  × $ 34.90 =    $50,919
Casinghead gas        89 Mcf  × $  1.69 =       $150

────────────────────────────────────────────────────
Month total                                  $51,070

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/46672 is the state's own key, not one this site invented.