JONES, D. /TALLAL-JONES/

Operated by ARCO PERMIAN (P-5 29347) 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 6435District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$243 k
Jan 1993 – Aug 1998
Value, last 12 filed months
$578
at the published price for each month
Months reported
68
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 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.

StreamBasisVolumeValue
OilDisposition14,921 bbl$243,056
Casinghead gasProduction305 Mcf$0
Total$243,056

305 Mcf of this lease's gas, across 30 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 (68)

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

68 months

Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 199730019.253.15$578
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997135017.582.25$2,373
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997127023.483.54$2,982
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 1996112019.55$2,190
Jun 19961582318.73$2,959
May 1996314019.43$6,101
Apr 1996314021.51$6,754
Mar 1996351019.38$6,802
Feb 19963221016.98$5,468
Jan 1996493017.07$8,416
Dec 1995349217.19$5,999
Nov 1995337416.00$5,392
Oct 19954491015.43$6,928
Sep 1995359016.18$5,809
Aug 19953342015.92$5,317
Jul 19954262015.24$6,492
Jun 19954411016.41$7,237
May 19954393017.56$7,709
Apr 19954433017.73$7,854
Mar 19955043016.44$8,286
Feb 1995439016.58$7,279
Jan 1995533015.92$8,485
Dec 1994529015.03$7,951
Nov 1994514015.90$8,173
Oct 1994496015.58$7,728
Sep 1994655115.29$10,015
Aug 1994714216.13$11,517
Jul 19947035017.56$12,345
Jun 19944924817.09$8,408
May 1994114115.88$1,810
Apr 19940114.14$0
Mar 1994264112.46$3,289
Feb 1994317112.50$3,963
Jan 1994462112.66$5,849
Dec 1993172112.33$2,121
Nov 1993261114.49$3,782
Oct 1993296115.85$4,692
Sep 1993514115.03$7,725
Aug 1993172115.66$2,694
Jul 1993351115.46$5,426
Jun 1993486116.79$8,160
May 19930117.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930117.90$0
Jan 19930116.93$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.

Oct 1997 — as filed, then multipliedworked
Oil                   30 bbl  × $ 19.25 =       $578
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                     $578

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/6435 is the state's own key, not one this site invented.