TAYLOR

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 32949District 09Field 47941500OilCasinghead gasSaveExport
Value, all time
$254 k
May 2014 – Jan 2018
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
45
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
OilDisposition1,638 bbl$140,468
Casinghead gasProduction27,700 Mcf$113,096
Total$253,564

Every month this lease reported (45)

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

45 months

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 20176043.873.09$263
Jun 20170042.493.09$0
May 201701345.373.26$42
Apr 2017011047.933.21$353
Mar 2017011346.772.98$337
Feb 2017010450.452.95$307
Jan 2017011649.413.42$397
Dec 2016012148.763.72$450
Nov 201609942.492.64$262
Oct 201609646.193.09$297
Sep 201609841.553.10$304
Aug 2016012541.442.92$366
Jul 2016011841.622.92$345
Jun 2016011245.352.69$301
May 2016010342.521.99$205
Apr 201609436.561.99$187
Mar 201609833.011.79$176
Feb 201608526.472.06$175
Jan 201609027.352.36$213
Dec 201509032.362.00$180
Nov 201502138.792.17$46
Oct 201507643.552.43$184
Sep 20150042.992.76$0
Aug 201506040.162.87$172
Jul 201501648.152.95$47
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20151633544.662.98$7,384
Jan 2015028943.433.10$896
Dec 2014331,24554.693.59$6,276
Nov 20141711,76770.464.25$19,562
Oct 2014291,88778.303.90$9,632
Sep 2014243,58286.164.05$16,559
Aug 20143595,39689.394.04$53,865
Jul 20146806,33296.564.18$92,126
Jun 20141735,20998.164.74$41,656
May 20140094.734.73$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.

Jul 2017 — as filed, then multipliedworked
Oil                    6 bbl  × $ 43.87 =       $263
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $263

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/32949 is the state's own key, not one this site invented.