CENTER POINT CHURCH

Operated by IDAHO OIL CO., INC. (P-5 422720) 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 6754District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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
OilDisposition102,722 bbl$1,713,879
Casinghead gasProduction33,467 Mcf$29,195
Total$1,743,074

20,542 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 (183)

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

183 months

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 2002115026.464.23$3,043
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200264024.663.58$1,578
Apr 2002150023.653.51$3,548
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200274017.172.38$1,271
Dec 20010016.932.36$0
Nov 200154018.072.41$976
Oct 200157019.782.53$1,127
Sep 200160024.262.25$1,456
Aug 20010024.873.05$0
Jul 200180023.933.20$1,914
Jun 2001123024.563.82$3,021
May 20010025.524.31$0
Apr 200194024.685.34$2,320
Mar 200144024.545.38$1,080
Feb 200135027.755.77$971
Jan 200188027.478.40$2,417
Dec 200050026.889.12$1,344
Nov 2000106032.215.66$3,414
Oct 2000142031.235.15$4,435
Sep 2000160031.875.19$5,099
Aug 2000170029.644.54$5,039
Jul 2000173028.534.09$4,936
Jun 2000233029.304.40$6,827
May 2000231027.263.68$6,297
Apr 2000257024.513.12$6,299
Mar 2000274028.422.86$7,787
Feb 2000213027.622.73$5,883
Jan 2000245025.272.48$6,191
Dec 1999274024.282.42$6,653
Nov 1999287023.192.43$6,656
Oct 1999261020.982.80$5,476
Sep 1999307021.752.62$6,677
Aug 1999385019.262.88$7,415
Jul 1999387017.892.37$6,923
Jun 1999521015.942.36$8,305
May 1999725015.792.32$11,448
Apr 1999792015.102.21$11,959
Mar 1999832012.471.84$10,375
Feb 199972409.981.82$7,226
Jan 199986573210.381.90$10,369
Dec 19981,0018039.201.77$10,633
Nov 19981,08562010.892.19$13,171
Oct 19981,31060112.421.97$17,454
Sep 19981,43860412.592.08$19,362
Aug 19981,49964111.301.91$18,161
Jul 19981,33669711.742.24$17,244
Jun 19981,57062911.242.24$19,054
May 19981,76255912.622.21$23,470
Apr 19981,32958913.042.51$18,806
Mar 19981,36659212.802.31$18,852
Feb 19981,37046513.952.30$20,181
Jan 19981,39447714.702.15$21,520
Dec 19971,40231516.322.41$23,640
Nov 19971,23030518.193.09$23,316
Oct 19971,35835219.253.15$27,250
Sep 19971,21836117.742.95$22,674
Aug 19971,29143117.862.55$24,158
Jul 19971,21744817.582.25$22,401
Jun 19971,17345217.242.26$21,243
May 19971,22644118.972.31$24,275
Apr 19971,23543617.882.08$22,990
Mar 19971,32462718.951.94$26,306
Feb 19971,29543020.492.21$27,483
Jan 19971,33631823.483.54$32,495
Dec 19961,28032223.32$29,850
Nov 19961,22436121.97$26,891
Oct 19961,25937323.31$29,347
Sep 19961,26232722.22$28,042
Aug 19961,29540920.26$26,237
Jul 19961,30839719.55$25,571
Jun 19961,10825918.73$20,753
May 19961,37745219.43$26,755
Apr 19961,26165121.51$27,124
Mar 19961,29457619.38$25,078
Feb 19961,24622116.98$21,157
Jan 19961,29216517.07$22,054
Dec 19951,28338417.19$22,055
Nov 19951,28795916.00$20,592
Oct 19951,30290215.43$20,090
Sep 19951,32686916.18$21,455
Aug 19951,34557715.92$21,412
Jul 19951,84149315.24$28,057
Jun 199591325816.41$14,982
May 19951,09739017.56$19,263
Apr 19951,24144717.73$22,003
Mar 19951,23440116.44$20,287
Feb 19951,21844716.58$20,194
Jan 19951,26439815.92$20,123
Dec 19941,20838415.03$18,156
Nov 19941,29834715.90$20,638
Oct 19941,33035615.58$20,721
Sep 19941,28846315.29$19,694
Aug 19941,32338116.13$21,340
Jul 19941,27740617.56$22,424
Jun 19941,29242717.09$22,080
May 19941,30739915.88$20,755
Apr 19941,26955514.14$17,944
Mar 19941,30937112.46$16,310
Feb 19941,16636412.50$14,575
Jan 19941,26936712.66$16,066
Dec 19931,37037112.33$16,892
Nov 19931,29536514.49$18,765
Oct 19931,31639615.85$20,859
Sep 19931,28450315.03$19,299
Aug 19931,29551915.66$20,280
Jul 19931,18327915.46$18,289
Jun 19931,35631416.79$22,767
May 19931,28248017.68$22,666
Apr 19931,24634618.05$22,490
Mar 19931,30634218.14$23,691
Feb 19931,17435517.90$21,015
Jan 19931,30541416.93$22,094

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 2002 — as filed, then multipliedworked
Oil                  115 bbl  × $ 26.46 =     $3,043
Casinghead gas         0 Mcf  × $  4.23 =         $0

────────────────────────────────────────────────────
Month total                                   $3,043

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/6754 is the state's own key, not one this site invented.