COLLINS, P. H. UNIT

Operated by ANDERSON, E. D. (P-5 21802) in the BARTONS CHAPEL, S. (STRAWN 3200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 163570District 09Field 05974534GasSaveExport
Value, all time
$446 k
Jun 1997 – Apr 2000
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
35
no gaps in the span
Streams
1
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1984-04-08
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2000.

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
GasProduction185,225 Mcf$446,123
Total$446,123

Every month this lease reported (35)

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

35 months

Apr 20003,28324.513.12$10,230
Mar 2000028.422.86$0
Feb 20001,34627.622.73$3,670
Jan 20001,85725.272.48$4,606
Dec 19992,07724.282.42$5,034
Nov 19992,82723.192.43$6,881
Oct 19991,90820.982.80$5,349
Sep 19992,20921.752.62$5,785
Aug 19992,61519.262.88$7,520
Jul 19992,86817.892.37$6,804
Jun 19992,92315.942.36$6,904
May 19993,19615.792.32$7,418
Apr 19993,10315.102.21$6,852
Mar 19993,52112.471.84$6,473
Feb 19993,4909.981.82$6,344
Jan 19994,07510.381.90$7,742
Dec 19984,5049.201.77$7,987
Nov 19984,70110.892.19$10,275
Oct 19985,20412.421.97$10,248
Sep 19985,08812.592.08$10,596
Aug 19985,90911.301.91$11,271
Jul 19984,63211.742.24$10,363
Jun 19986,17211.242.24$13,808
May 19987,15512.622.21$15,786
Apr 19988,09013.042.51$20,268
Mar 19988,54912.802.31$19,743
Feb 19987,90013.952.30$18,163
Jan 19988,99014.702.15$19,372
Dec 19979,52716.322.41$22,971
Nov 19979,61518.193.09$29,694
Oct 199710,42419.253.15$32,834
Sep 199710,55917.742.95$31,201
Aug 199711,09517.862.55$28,345
Jul 199710,33317.582.25$23,218
Jun 19975,48017.242.26$12,369

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 2000 — as filed, then multipliedworked
Gas                3,283 Mcf  × $  3.12 =    $10,230

────────────────────────────────────────────────────
Month total                                  $10,230

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. 09/G/163570 is the state's own key, not one this site invented.