MURRAY, LAURA

Operated by MITCHELL ENERGY CORPORATION (P-5 570655) 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 34054District 09Field 10574520GasSaveExport
Value, all time
$4 k
Jan 1993 – Jul 2000
Value, last 12 filed months
$0
at the published price for each month
Months reported
91
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
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 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
GasProduction21,822 Mcf$3,627
Total$3,627

20,400 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 (91)

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

91 months

Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 19981412.622.21$31
Apr 19986513.042.51$163
Mar 19985712.802.31$132
Feb 19985113.952.30$117
Jan 19983814.702.15$82
Dec 19974316.322.41$104
Nov 19974918.193.09$151
Oct 19974819.253.15$151
Sep 19977217.742.95$213
Aug 19978817.862.55$225
Jul 19978917.582.25$200
Jun 19979717.242.26$219
May 199711118.972.31$256
Apr 199710717.882.08$223
Mar 199714118.951.94$273
Feb 199711920.492.21$263
Jan 199723323.483.54$825
Dec 199613823.32$0
Nov 199613121.97$0
Oct 199629523.31$0
Sep 199618022.22$0
Aug 199613420.26$0
Jul 199615219.55$0
Jun 199623018.73$0
May 199617419.43$0
Apr 199612621.51$0
Mar 199611319.38$0
Feb 199611616.98$0
Jan 199613317.07$0
Dec 199513517.19$0
Nov 19957616.00$0
Oct 19959915.43$0
Sep 199537316.18$0
Aug 199526815.92$0
Jul 199515715.24$0
Jun 199522316.41$0
May 199518817.56$0
Apr 199513917.73$0
Mar 199546216.44$0
Feb 199532716.58$0
Jan 199517915.92$0
Dec 199440815.03$0
Nov 199460615.90$0
Oct 199425015.58$0
Sep 199414615.29$0
Aug 199471116.13$0
Jul 199451217.56$0
Jun 199419117.09$0
May 19943615.88$0
Apr 199446014.14$0
Mar 199439312.46$0
Feb 199473312.50$0
Jan 199456712.66$0
Dec 199392912.33$0
Nov 199324714.49$0
Oct 199395215.85$0
Sep 19931,41815.03$0
Aug 199379115.66$0
Jul 19931,42515.46$0
Jun 19931,96616.79$0
May 199348917.68$0
Apr 199341118.05$0
Mar 199333918.14$0
Feb 199372017.90$0
Jan 19931,15216.93$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.

May 1998 — as filed, then multipliedworked
Gas                   14 Mcf  × $  2.21 =        $31

────────────────────────────────────────────────────
Month total                                      $31

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/34054 is the state's own key, not one this site invented.