SORRELL

Operated by ARIES OPERATING, LP (P-5 30128) 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 6706District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$913 k
Jan 1993 – Jun 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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
OilDisposition54,446 bbl$890,819
Casinghead gasProduction17,944 Mcf$22,290
Total$913,110

8,873 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 (246)

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

246 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201037074.365.96$2,751
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001019723.933.20$630
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200088031.875.19$2,805
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20001653829.304.40$5,002
May 200002327.263.68$85
Apr 200006124.513.12$190
Mar 20000628.422.86$17
Feb 2000716527.622.73$2,138
Jan 20001553125.272.48$3,994
Dec 19991743124.282.42$4,300
Nov 19991838523.192.43$4,451
Oct 199918210120.982.80$4,102
Sep 199925020521.752.62$5,974
Aug 19991706819.262.88$3,470
Jul 19992154717.892.37$3,958
Jun 199933816915.942.36$5,787
May 19993216715.792.32$5,224
Apr 199931119515.102.21$5,127
Mar 199949919712.471.84$6,585
Feb 19995151769.981.82$5,460
Jan 19995319510.381.90$5,692
Dec 19983361409.201.77$3,339
Nov 199898912310.892.19$11,039
Oct 19986735312.421.97$8,463
Sep 19981,024012.592.08$12,892
Aug 1998993111.301.91$11,223
Jul 19981,002011.742.24$11,763
Jun 199897316511.242.24$11,306
May 199896351612.622.21$13,292
Apr 199881981713.042.51$12,727
Mar 199897381812.802.31$14,344
Feb 199888958213.952.30$13,740
Jan 19981,24161314.702.15$19,564
Dec 19971,28653716.322.41$22,282
Nov 19971,33737618.193.09$25,481
Oct 19971,28037819.253.15$25,831
Sep 19971,02143017.742.95$19,383
Aug 199794538317.862.55$17,856
Jul 199767923217.582.25$12,458
Jun 199762314217.242.26$11,061
May 199764916118.972.31$12,683
Apr 199769013817.882.08$12,625
Mar 199768419818.951.94$13,346
Feb 199729420320.492.21$6,472
Jan 199790320823.483.54$21,939
Dec 199633620523.32$7,836
Nov 199662625321.97$13,753
Oct 199664421423.31$15,012
Sep 199663518222.22$14,110
Aug 199666017320.26$13,372
Jul 19966577619.55$12,844
Jun 19967148418.73$13,373
May 199632219119.43$6,256
Apr 199659516721.51$12,798
Mar 199662218219.38$12,054
Feb 199670915716.98$12,039
Jan 199663720817.07$10,874
Dec 199567520317.19$11,603
Nov 199567518616.00$10,800
Oct 199533818015.43$5,215
Sep 199562217516.18$10,064
Aug 199558617715.92$9,329
Jul 199562919615.24$9,586
Jun 199562315316.41$10,223
May 199568019917.56$11,941
Apr 199566918917.73$11,861
Mar 199569417916.44$11,409
Feb 199536516116.58$6,052
Jan 199571116715.92$11,319
Dec 199470019715.03$10,521
Nov 199435520815.90$5,645
Oct 199472219115.58$11,249
Sep 199472216015.29$11,039
Aug 199468216716.13$11,001
Jul 199433319017.56$5,847
Jun 199466319317.09$11,331
May 199471619115.88$11,370
Apr 199469118714.14$9,771
Mar 199434819912.46$4,336
Feb 199468117212.50$8,513
Jan 199469419212.66$8,786
Dec 199373617512.33$9,075
Nov 199334518514.49$4,999
Oct 199370220615.85$11,127
Sep 199364620115.03$9,709
Aug 199365320515.66$10,226
Jul 199366522515.46$10,281
Jun 199332221616.79$5,406
May 199361422417.68$10,856
Apr 199360319318.05$10,884
Mar 199390417518.14$16,399
Feb 199333517917.90$5,997
Jan 199371918516.93$12,173

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.

Jan 2010 — as filed, then multipliedworked
Oil                   37 bbl  × $ 74.36 =     $2,751
Casinghead gas         0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                   $2,751

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/6706 is the state's own key, not one this site invented.