JORDAN

Operated by CLEAR FORK, INCORPORATED (P-5 159500) in the GARDEN CITY, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 53346District 08Field 33998500Hydrogen sulphide fieldOilSaveExport
Value, all time
$147 k
Jan 2020 – Dec 2022
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
36
no gaps in the span
Streams
1
oil

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 512 leases and 922 wells, and the rule below applies to all of them.

Discovered
1964-03-12
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 2014-05-22.

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: COMMINGLING FEE. GRANTED PER DOCKET #08-0287087.

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
OilDisposition2,900 bbl$146,959
Total$146,959

Every month this lease reported (36)

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

36 months

Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 20225687.185.86$4,882
Sep 20228884.888.16$7,469
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 202116379.795.71$13,006
Sep 2021069.865.35$0
Aug 202115166.024.22$9,969
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 202116363.483.02$10,347
Apr 2021060.362.76$0
Mar 202117861.302.72$10,911
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 202016644.642.68$7,410
Nov 2020038.772.71$0
Oct 202017136.972.48$6,322
Sep 202017337.091.99$6,417
Aug 2020039.982.39$0
Jul 202016838.371.83$6,446
Jun 202052234.901.69$18,218
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 202017530.341.86$5,310
Feb 202017849.881.98$8,879
Jan 202054857.252.09$31,373

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.

Oct 2022 — as filed, then multipliedworked
Oil                   56 bbl  × $ 87.18 =     $4,882

────────────────────────────────────────────────────
Month total                                   $4,882

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/53346 is the state's own key, not one this site invented.