FULLER-DESHAZO

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 89198District 09Field 10574520GasSaveExport
Value, all time
$2 k
Jan 1993 – May 1997
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
53
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
GasProduction10,192 Mcf$1,748
Total$1,748

9,464 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 (53)

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

53 months

May 19978018.972.31$185
Apr 199716817.882.08$350
Mar 199717918.951.94$347
Feb 199714920.492.21$329
Jan 199715223.483.54$538
Dec 199616123.32$0
Nov 199615921.97$0
Oct 199617923.31$0
Sep 199616622.22$0
Aug 199616920.26$0
Jul 199617219.55$0
Jun 199617018.73$0
May 199618319.43$0
Apr 199618621.51$0
Mar 199618819.38$0
Feb 199618916.98$0
Jan 199618317.07$0
Dec 199521117.19$0
Nov 199521116.00$0
Oct 199514015.43$0
Sep 199520316.18$0
Aug 199516915.92$0
Jul 199517315.24$0
Jun 199518016.41$0
May 199518217.56$0
Apr 199517417.73$0
Mar 199518716.44$0
Feb 199516316.58$0
Jan 199517715.92$0
Dec 199419615.03$0
Nov 199426815.90$0
Oct 199411215.58$0
Sep 199420615.29$0
Aug 199422216.13$0
Jul 199422817.56$0
Jun 199418817.09$0
May 199420915.88$0
Apr 199418514.14$0
Mar 199420012.46$0
Feb 199419412.50$0
Jan 199424612.66$0
Dec 199322212.33$0
Nov 199323714.49$0
Oct 199321815.85$0
Sep 199320815.03$0
Aug 199323915.66$0
Jul 199322015.46$0
Jun 199322516.79$0
May 199322217.68$0
Apr 199322718.05$0
Mar 199325218.14$0
Feb 199321817.90$0
Jan 199324716.93$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 1997 — as filed, then multipliedworked
Gas                   80 Mcf  × $  2.31 =       $185

────────────────────────────────────────────────────
Month total                                     $185

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/89198 is the state's own key, not one this site invented.