SIKES-GREEN

Operated by DALLAS PRODUCTION, INC. (P-5 197690) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31842District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$553 k
Dec 2010 – Apr 2018
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
89
no gaps in the span
Streams
2
oil, casinghead 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition4,076 bbl$355,177
Casinghead gasProduction58,901 Mcf$198,201
Total$553,378

Every month this lease reported (89)

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

89 months

Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201771047.523.09$3,374
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201504038.792.17$87
Oct 2015054943.552.43$1,332
Sep 2015085742.992.76$2,364
Aug 201516592840.162.87$9,292
Jul 2015080848.152.95$2,380
Jun 2015080356.152.88$2,315
May 2015083155.212.96$2,456
Apr 201516870949.822.71$10,289
Mar 2015077742.892.93$2,280
Feb 2015091844.662.98$2,732
Jan 201517099743.433.10$10,474
Dec 2014093054.693.59$3,340
Nov 2014093070.464.25$3,954
Oct 201417298678.303.90$17,314
Sep 2014087286.164.05$3,528
Aug 2014090689.394.04$3,656
Jul 201417472496.564.18$19,827
Jun 2014080298.164.74$3,799
May 201417283694.734.73$20,245
Apr 2014064095.944.81$3,078
Mar 2014092295.895.06$4,662
Feb 201416660997.406.19$19,939
Jan 2014094590.404.86$4,593
Dec 201317680091.824.35$19,644
Nov 2013096988.853.74$3,622
Oct 201317498097.423.78$20,655
Sep 20130880104.113.72$3,272
Aug 20130774104.253.52$2,727
Jul 20131771,159102.523.72$22,455
Jun 201301,02794.403.93$4,040
May 201301,03194.834.15$4,278
Apr 20131751,04693.964.28$20,923
Mar 201301,05493.623.91$4,124
Feb 2013097591.233.42$3,334
Jan 20131751,22191.603.42$20,206
Dec 201201,33686.773.42$4,569
Nov 20121741,21386.953.62$19,526
Oct 201201,42989.383.40$4,858
Sep 201217763794.672.92$18,616
Aug 2012096492.662.91$2,803
Jul 201201,33585.133.02$4,033
Jun 201201,49679.822.52$3,768
May 20121741,88991.612.49$20,641
Apr 20121792,217101.652.00$22,622
Mar 201203,103105.052.22$6,895
Feb 20121753,338101.102.57$26,272
Jan 20121803,15498.092.73$26,279
Dec 201102,90696.873.24$9,415
Nov 201117022895.723.31$17,027
Oct 2011036784.983.65$1,339
Sep 2011136983.623.99$1,554
Aug 2011041683.404.15$1,726
Jul 20111094.144.52$94
Jun 20110092.904.64$0
May 201116915998.134.40$17,284
Apr 20110509105.964.33$2,206
Mar 201117974996.364.06$20,287
Feb 2011050485.644.18$2,107
Jan 201135817786.504.59$31,779
Dec 2010417185.734.35$1,086

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.

Sep 2017 — as filed, then multipliedworked
Oil                   71 bbl  × $ 47.52 =     $3,374
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $3,374

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/O/31842 is the state's own key, not one this site invented.