DON M.

Operated by GARDNER PRODUCTION, LLC (P-5 294675) in the JMG MAG (MISS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31927District 09Field 45099250OilCasinghead gasSaveExport
Value, all time
$864 k
Apr 2011 – Feb 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
83
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 180 leases and 205 wells, and the rule below applies to all of them.

Discovered
2000-08-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: DONE THIS TWENTY-FIFTH DAY OF APRIL, 2005

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
OilDisposition7,350 bbl$638,407
Casinghead gasProduction58,711 Mcf$225,291
Total$863,697

Every month this lease reported (83)

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

83 months

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 20170047.523.09$0
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 201717050.452.95$858
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 201605741.622.92$167
Jun 2016019945.352.69$534
May 201615125542.521.99$6,928
Apr 2016025936.561.99$516
Mar 2016024733.011.79$443
Feb 2016023726.472.06$489
Jan 2016025727.352.36$608
Dec 201516120932.362.00$5,628
Nov 2015017238.792.17$373
Oct 2015022443.552.43$544
Sep 2015024842.992.76$684
Aug 201515923140.162.87$7,049
Jul 2015036648.152.95$1,078
Jun 2015038556.152.88$1,110
May 2015035055.212.96$1,034
Apr 201516736549.822.71$9,308
Mar 2015034342.892.93$1,007
Feb 2015041344.662.98$1,229
Jan 2015064543.433.10$2,000
Dec 201417057554.693.59$11,362
Nov 2014053970.464.25$2,292
Oct 2014053678.303.90$2,091
Sep 201417261686.164.05$17,312
Aug 2014077489.394.04$3,123
Jul 2014084896.564.18$3,544
Jun 2014082098.164.74$3,884
May 2014098094.734.73$4,632
Apr 201417498095.944.81$21,407
Mar 201401,20695.895.06$6,099
Feb 201401,63597.406.19$10,124
Jan 20141672,48390.404.86$27,166
Dec 201302,48391.824.35$10,812
Nov 201302,61688.853.74$9,779
Oct 2013169097.423.78$16,464
Sep 20131712,975104.113.72$28,863
Aug 201303,350104.253.52$11,801
Jul 201303,624102.523.72$13,473
Jun 20131713,77394.403.93$30,983
May 2013171094.834.15$16,216
Apr 20130093.964.28$0
Mar 20131745,44893.623.91$37,607
Feb 20133401,69791.233.42$36,822
Jan 201317131891.603.42$16,751
Dec 201217371786.773.42$17,463
Nov 201216971086.953.62$17,268
Oct 2012171089.383.40$15,284
Sep 2012078794.672.92$2,297
Aug 201217429892.662.91$16,989
Jul 201217584485.133.02$17,447
Jun 201217482779.822.52$15,972
May 2012175091.612.49$16,032
Apr 2012170962101.652.00$19,201
Mar 20121610105.052.22$16,913
Feb 20123441,306101.102.57$38,135
Jan 2012043998.092.73$1,200
Dec 20110096.873.24$0
Nov 201117423395.723.31$17,427
Oct 201114185384.983.65$15,094
Sep 201134592783.623.99$32,544
Aug 20115331,10083.404.15$49,016
Jul 20115211,18594.144.52$54,400
Jun 20115211,39292.904.64$54,860
May 20115242,39398.134.40$61,961
Apr 201100105.964.33$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.

Feb 2017 — as filed, then multipliedworked
Oil                   17 bbl  × $ 50.45 =       $858
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                     $858

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/31927 is the state's own key, not one this site invented.