WHITAKER

Name: WHITAKER lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by 4-SIGHT OPERATING COMPANY II (P-5 954500) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6323District 6EField 27302001OilCasinghead gasSave Export

Value, all time

$731 k

Jan 1993 – Feb 2000

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The EAST TEXAS field

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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered

1930-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

330 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: “THIS ORDER TO BE CANCELLED”

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.

Stream	Basis	Volume	Value
Oil	Disposition	43,464 bbl	$716,065
Casinghead gas	Production	36,739 Mcf	$15,139
Total			$731,204

30,455 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (86)

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

86 months


Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	187	0	24.28	2.42	$4,540
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	302	0	21.75	2.62	$6,569
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	63	17.89	2.37	$149
Jun 1999	0	67	15.94	2.36	$158
May 1999	209	64	15.79	2.32	$3,449
Apr 1999	0	62	15.10	2.21	$137
Mar 1999	100	37	12.47	1.84	$1,315
Feb 1999	168	45	9.98	1.82	$1,758
Jan 1999	0	47	10.38	1.90	$89
Dec 1998	207	70	9.20	1.77	$2,029
Nov 1998	0	124	10.89	2.19	$271
Oct 1998	230	158	12.42	1.97	$3,168
Sep 1998	0	28	12.59	2.08	$58
Aug 1998	149	188	11.30	1.91	$2,042
Jul 1998	156	193	11.74	2.24	$2,263
Jun 1998	173	183	11.24	2.24	$2,354
May 1998	223	233	12.62	2.21	$3,328
Apr 1998	229	227	13.04	2.51	$3,555
Mar 1998	225	242	12.80	2.31	$3,439
Feb 1998	240	236	13.95	2.30	$3,891
Jan 1998	255	284	14.70	2.15	$4,360
Dec 1997	238	280	16.32	2.41	$4,559
Nov 1997	243	282	18.19	3.09	$5,291
Oct 1997	273	296	19.25	3.15	$6,188
Sep 1997	260	318	17.74	2.95	$5,552
Aug 1997	267	270	17.86	2.55	$5,458
Jul 1997	309	304	17.58	2.25	$6,115
Jun 1997	282	369	17.24	2.26	$5,695
May 1997	602	345	18.97	2.31	$12,216
Apr 1997	0	321	17.88	2.08	$669
Mar 1997	473	322	18.95	1.94	$9,588
Feb 1997	364	287	20.49	2.21	$8,091
Jan 1997	0	339	23.48	3.54	$1,200
Dec 1996	244	337	23.32	—	$5,690
Nov 1996	488	341	21.97	—	$10,721
Oct 1996	323	391	23.31	—	$7,529
Sep 1996	359	368	22.22	—	$7,977
Aug 1996	385	323	20.26	—	$7,800
Jul 1996	382	436	19.55	—	$7,468
Jun 1996	246	411	18.73	—	$4,608
May 1996	623	427	19.43	—	$12,105
Apr 1996	369	396	21.51	—	$7,937
Mar 1996	385	463	19.38	—	$7,461
Feb 1996	449	411	16.98	—	$7,624
Jan 1996	502	445	17.07	—	$8,569
Dec 1995	291	445	17.19	—	$5,002
Nov 1995	455	407	16.00	—	$7,280
Oct 1995	411	467	15.43	—	$6,342
Sep 1995	778	483	16.18	—	$12,588
Aug 1995	553	494	15.92	—	$8,804
Jul 1995	671	491	15.24	—	$10,226
Jun 1995	848	462	16.41	—	$13,916
May 1995	0	463	17.56	—	$0
Apr 1995	827	438	17.73	—	$14,663
Mar 1995	814	443	16.44	—	$13,382
Feb 1995	0	431	16.58	—	$0
Jan 1995	889	511	15.92	—	$14,153
Dec 1994	814	481	15.03	—	$12,234
Nov 1994	893	460	15.90	—	$14,199
Oct 1994	690	500	15.58	—	$10,750
Sep 1994	866	519	15.29	—	$13,241
Aug 1994	703	553	16.13	—	$11,339
Jul 1994	897	541	17.56	—	$15,751
Jun 1994	887	538	17.09	—	$15,159
May 1994	831	592	15.88	—	$13,196
Apr 1994	896	578	14.14	—	$12,669
Mar 1994	885	604	12.46	—	$11,027
Feb 1994	840	527	12.50	—	$10,500
Jan 1994	868	626	12.66	—	$10,989
Dec 1993	871	569	12.33	—	$10,739
Nov 1993	1,636	527	14.49	—	$23,706
Oct 1993	918	612	15.85	—	$14,550
Sep 1993	695	638	15.03	—	$10,446
Aug 1993	911	715	15.66	—	$14,266
Jul 1993	1,467	2,004	15.46	—	$22,680
Jun 1993	1,678	1,416	16.79	—	$28,174
May 1993	551	1,469	17.68	—	$9,742
Apr 1993	1,623	1,510	18.05	—	$29,295
Mar 1993	1,810	1,722	18.14	—	$32,833
Feb 1993	1,805	1,032	17.90	—	$32,310
Jan 1993	1,773	1,438	16.93	—	$30,017

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.

Dec 1999 — as filed, then multipliedworked

Oil                  187 bbl  × $ 24.28 =     $4,540
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $4,540

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. 6E/O/6323 is the state's own key, not one this site invented.