HOUSTON, B. H.

Operated by TAYLOR, BEN J. INC. (P-5 837361) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 28685District 09Field 10574520CondensateGasSave
Value, all time
$416 k
Jan 1993 – Jul 2003
Value, last 12 filed months
$265
at the published price for each month
Months reported
127
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition271 bbl$6,226
GasProduction197,241 Mcf$410,056
Total$416,281

61,674 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (127)

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

127 months

Jul 20039029.415.17$265
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200210331223.653.51$3,532
Mar 200201,63522.003.10$5,073
Feb 200201,61118.222.38$3,827
Jan 200201,78217.172.38$4,233
Dec 200101,72816.932.36$4,086
Nov 200101,78618.072.41$4,296
Oct 200101,51519.782.53$3,831
Sep 200101,75724.262.25$3,956
Aug 200101,36924.873.05$4,180
Jul 200101,78223.933.20$5,697
Jun 200101,90524.563.82$7,285
May 200102,04025.524.31$8,787
Apr 200101,90624.685.34$10,169
Mar 200101,93524.545.38$10,403
Feb 200101,88427.755.77$10,865
Jan 200101,92727.478.40$16,184
Dec 200001,94126.889.12$17,707
Nov 200002,12332.215.66$12,012
Oct 200002,37031.235.15$12,195
Sep 200002,11831.875.19$10,985
Aug 200001,86229.644.54$8,455
Jul 200002,04328.534.09$8,355
Jun 200002,11429.304.40$9,296
May 200002,20627.263.68$8,118
Apr 200002,07224.513.12$6,456
Mar 2000672,06828.422.86$7,818
Feb 200002,36127.622.73$6,437
Jan 200002,24425.272.48$5,566
Dec 199902,20624.282.42$5,347
Nov 199902,55623.192.43$6,221
Oct 199902,69520.982.80$7,556
Sep 199902,67521.752.62$7,005
Aug 199902,66319.262.88$7,658
Jul 1999872,75817.892.37$8,099
Jun 199902,58515.942.36$6,106
May 199902,98715.792.32$6,933
Apr 199902,68415.102.21$5,926
Mar 199902,39912.471.84$4,410
Feb 199902,2629.981.82$4,112
Jan 199902,83610.381.90$5,388
Dec 199801,3269.201.77$2,351
Nov 199802,47710.892.19$5,414
Oct 199802,76312.421.97$5,441
Sep 199802,97712.592.08$6,200
Aug 199802,83211.301.91$5,402
Jul 199803,45211.742.24$7,723
Jun 199802,75211.242.24$6,157
May 199803,53212.622.21$7,793
Apr 199823,62713.042.51$9,113
Mar 199833,60212.802.31$8,357
Feb 199803,44413.952.30$7,918
Jan 199803,35414.702.15$7,227
Dec 199702,17516.322.41$5,244
Nov 199702,32218.193.09$7,171
Oct 199702,26819.253.15$7,144
Sep 199702,05317.742.95$6,066
Aug 199701,91217.862.55$4,885
Jul 199701,19017.582.25$2,674
Jun 1997071017.242.26$1,603
May 1997065118.972.31$1,503
Apr 1997058917.882.08$1,227
Mar 1997060318.951.94$1,169
Feb 1997057820.492.21$1,275
Jan 1997067623.483.54$2,393
Dec 1996066723.32$0
Nov 1996076121.97$0
Oct 1996070923.31$0
Sep 1996087122.22$0
Aug 1996094320.26$0
Jul 1996096019.55$0
Jun 1996093218.73$0
May 199601,03119.43$0
Apr 199601,00721.51$0
Mar 1996091119.38$0
Feb 1996086716.98$0
Jan 199601,09517.07$0
Dec 199501,29417.19$0
Nov 1995077916.00$0
Oct 1995049115.43$0
Sep 199501,25116.18$0
Aug 199501,26315.92$0
Jul 1995076015.24$0
Jun 1995076116.41$0
May 1995077917.56$0
Apr 1995069117.73$0
Mar 1995083416.44$0
Feb 1995099916.58$0
Jan 199501,26715.92$0
Dec 199401,24915.03$0
Nov 1994073915.90$0
Oct 199401,30015.58$0
Sep 1994095315.29$0
Aug 1994073516.13$0
Jul 1994080717.56$0
Jun 1994079417.09$0
May 1994074715.88$0
Apr 199401,25014.14$0
Mar 199401,69412.46$0
Feb 199401,95512.50$0
Jan 199402,26912.66$0
Dec 199302,08312.33$0
Nov 199301,92114.49$0
Oct 199302,01315.85$0
Sep 199302,76515.03$0
Aug 199301,72115.66$0
Jul 199303,05715.46$0
Jun 199303,37816.79$0
May 199301,69217.68$0
Apr 199302,74418.05$0
Mar 199302,58918.14$0
Feb 1993085017.90$0
Jan 1993044616.93$0

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.

Jul 2003 — as filed, then multipliedworked
Condensate             9 bbl  × $ 29.41 =       $265
Gas                    0 Mcf  × $  5.17 =         $0

────────────────────────────────────────────────────
Month total                                     $265

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/28685 is the state's own key, not one this site invented.