CRAWFORD-ALLEN

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the BAYEX, EAST (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176428District 09Field 06318500CondensateGasSaveExport
Value, all time
$87 k
Feb 2000 – May 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
88
no gaps in the span
Streams
2
condensate, 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 11 leases and 13 wells, and the rule below applies to all of them.

Discovered
1960-12-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1962-09-26.

The Commission's schedule remark for this field reads: FIELD RULES ADDED PER SPECIAL ORDER #9-50,345 EFFECTIVE 9/26/62.

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
CondensateDisposition6 bbl$152
GasProduction20,568 Mcf$87,219
Total$87,372

Every month this lease reported (88)

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

88 months

May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200401634.475.86$94
Mar 200404534.365.53$249
Feb 200401532.455.51$83
Jan 200403532.036.30$220
Dec 200301230.266.30$76
Nov 200304228.804.60$193
Oct 200302528.174.76$119
Sep 200301426.314.75$66
Aug 200305429.765.13$277
Jul 200304229.415.17$217
Jun 200305828.565.98$347
May 200305926.595.97$352
Apr 200305626.675.41$303
Mar 200307131.146.10$433
Feb 200302933.487.93$230
Jan 200303030.315.58$167
Dec 200206126.914.85$296
Nov 200205524.664.14$228
Oct 200203726.464.23$156
Sep 200202727.443.64$98
Aug 200204425.963.16$139
Jul 200206724.583.06$205
Jun 200208223.733.34$274
May 200209624.663.58$344
Apr 200209723.653.51$341
Mar 2002011322.003.10$351
Feb 2002011218.222.38$266
Jan 2002013717.172.38$325
Dec 2001014616.932.36$345
Nov 2001014618.072.41$351
Oct 2001023219.782.53$587
Sep 2001026324.262.25$592
Aug 2001025724.873.05$785
Jul 2001032023.933.20$1,023
Jun 2001025324.563.82$968
May 2001534425.524.31$1,609
Apr 2001040724.685.34$2,171
Mar 2001049924.545.38$2,683
Feb 2001040627.755.77$2,341
Jan 2001061127.478.40$5,132
Dec 2000071926.889.12$6,559
Nov 2000085532.215.66$4,838
Oct 2000095131.235.15$4,893
Sep 200001,08331.875.19$5,617
Aug 200001,26529.644.54$5,744
Jul 200001,30928.534.09$5,353
Jun 200001,41829.304.40$6,235
May 200001,62427.263.68$5,976
Apr 200011,69924.513.12$5,319
Mar 200002,00628.422.86$5,737
Feb 200002,22427.622.73$6,064

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 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.47 =         $0
Gas                   16 Mcf  × $  5.86 =        $94

────────────────────────────────────────────────────
Month total                                      $94

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/176428 is the state's own key, not one this site invented.