LANE GREEN

Operated by WHITE KNIGHT PRODUCTION LLC (P-5 918507) in the KRS (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32469District 09Field 47941500OilCasinghead gasSaveExport
Value, all time
$6.5 M
Nov 2012 – Feb 2019
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
76
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 532 leases and 790 wells, and the rule below applies to all of them.

Discovered
2010-10-25
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 160 acres. The field rule took effect on 2015-08-25.

The Commission's schedule remark for this field reads: LEASE PLAT;

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
OilDisposition41,667 bbl$3,400,000
Casinghead gasProduction805,494 Mcf$3,068,632
Total$6,468,633

Every month this lease reported (76)

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

76 months

Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018011961.443.40$404
Sep 2018040959.543.11$1,271
Aug 201802759.403.07$83
Jul 201802365.142.93$67
Jun 201802260.183.08$68
May 201801965.382.90$55
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 201704149.292.98$122
Sep 2017011247.523.09$346
Aug 2017011445.373.00$343
Jul 201730043.873.09$1,316
Jun 2017013042.493.09$401
May 2017013445.373.26$437
Apr 201706047.933.21$193
Mar 201706946.772.98$206
Feb 201705350.452.95$156
Jan 201706849.413.42$232
Dec 201607148.763.72$264
Nov 2016012642.492.64$333
Oct 201608546.193.09$263
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016010542.521.99$209
Apr 2016020936.561.99$416
Mar 2016037433.011.79$671
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015450042.992.76$19,346
Aug 201552333,75840.162.87$117,973
Jul 201592035,86248.152.95$149,914
Jun 201586438,50456.152.88$159,515
May 201585841,18955.212.96$169,102
Apr 20151,01841,22549.822.71$162,295
Mar 20151,05843,20842.892.93$172,181
Feb 201585542,81844.662.98$165,619
Jan 20151,47548,03443.433.10$212,995
Dec 20141,54547,08154.693.59$253,581
Nov 20142,20645,22070.464.25$347,703
Oct 20142,19738,13078.303.90$320,769
Sep 20142,38026,68186.164.05$312,997
Aug 20142,51028,81989.394.04$340,657
Jul 20142,87332,43396.564.18$412,974
Jun 20143,44539,43398.164.74$524,951
May 20143,49345,80694.734.73$547,397
Apr 20143,55148,93895.944.81$576,032
Mar 20143,66849,62895.895.06$602,683
Feb 20141,89321,89597.406.19$319,952
Jan 20145067,85790.404.86$83,933
Dec 20131704,81791.824.35$36,585
Nov 20131805,00688.853.74$34,707
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131690104.253.52$17,618
Jul 20131672,783102.523.72$27,467
Jun 20133373,40594.403.93$45,206
May 20133354,40694.834.15$50,049
Apr 20131694,42993.964.28$34,847
Mar 20133453,69593.623.91$46,757
Feb 20133362,42291.233.42$38,936
Jan 20133292,63091.603.42$39,131
Dec 20123433,93486.773.42$43,217
Nov 20124699,07886.953.62$73,687

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.

Oct 2018 — as filed, then multipliedworked
Oil                    0 bbl  × $ 61.44 =         $0
Casinghead gas       119 Mcf  × $  3.40 =       $404

────────────────────────────────────────────────────
Month total                                     $404

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/32469 is the state's own key, not one this site invented.