LCI

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 32645District 09Field 47941500OilCasinghead gasSaveExport
Value, all time
$417 k
Sep 2013 – Oct 2018
Value, last 12 filed months
$522
at the published price for each month
Months reported
62
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
OilDisposition1,987 bbl$170,863
Casinghead gasProduction66,013 Mcf$245,987
Total$416,850

Every month this lease reported (62)

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

62 months

Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201802163.842.90$61
Mar 201802161.222.79$59
Feb 20180961.782.77$25
Jan 201803162.874.01$124
Dec 201704357.272.92$126
Nov 201704155.423.12$128
Oct 201706449.292.98$191
Sep 201707247.523.09$222
Aug 2017010945.373.00$327
Jul 2017158543.873.09$920
Jun 201708742.493.09$269
May 201705845.373.26$189
Apr 201704647.933.21$148
Mar 201705046.772.98$149
Feb 201705650.452.95$165
Jan 201708449.413.42$287
Dec 201604548.763.72$168
Nov 201603242.492.64$85
Oct 201604246.193.09$130
Sep 201603541.553.10$109
Aug 201603841.442.92$111
Jul 201603041.622.92$88
Jun 201603045.352.69$81
May 2016733942.521.99$3,182
Apr 201604936.561.99$98
Mar 2016044133.011.79$791
Feb 201621,37226.472.06$2,884
Jan 201601,46427.352.36$3,461
Dec 201501,05432.362.00$2,109
Nov 201511,40238.792.17$3,077
Oct 201501,78943.552.43$4,341
Sep 201512,08042.992.76$5,781
Aug 201512,17040.162.87$6,273
Jul 201511,69848.152.95$5,049
Jun 20151611,58856.152.88$13,618
May 201521,66255.212.96$5,022
Apr 201511,89149.822.71$5,168
Mar 201522,07642.892.93$6,178
Feb 201512,16544.662.98$6,488
Jan 201551,10443.433.10$3,640
Dec 20141661,38254.693.59$14,042
Nov 201401,19770.464.25$5,089
Oct 201441,18678.303.90$4,940
Sep 201461,78186.164.05$7,722
Aug 201472,02389.394.04$8,789
Jul 20141692,30196.564.18$25,936
Jun 20141702,10398.164.74$26,649
May 201432,21194.734.73$10,735
Apr 201402,26195.944.81$10,873
Mar 20141692,56695.895.06$29,181
Feb 20141752,64397.406.19$33,410
Jan 201433,22790.404.86$15,957
Dec 20131713,96191.824.35$32,949
Nov 20133394,10988.853.74$45,481
Oct 20131694,58797.423.78$33,800
Sep 20131703,302104.113.72$29,975

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.

Apr 2018 — as filed, then multipliedworked
Oil                    0 bbl  × $ 63.84 =         $0
Casinghead gas        21 Mcf  × $  2.90 =        $61

────────────────────────────────────────────────────
Month total                                      $61

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/32645 is the state's own key, not one this site invented.