SABINE RIVER TR. 8

Operated by TATE, LARRY V. OPERATING, INC. (P-5 836265) 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 6766District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$494 k
Jan 1993 – Oct 2000
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
94
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
OilDisposition29,645 bbl$494,382
Casinghead gasProduction70 Mcf$14
Total$494,397

64 Mcf of this lease's gas, across 40 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 (94)

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

94 months

Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000112029.644.54$3,320
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999105015.102.21$1,586
Mar 1999149012.471.84$1,858
Feb 199910609.981.82$1,058
Jan 1999143010.381.90$1,484
Dec 1998009.201.77$0
Nov 1998105010.892.19$1,143
Oct 1998116012.421.97$1,441
Sep 199889012.592.08$1,121
Aug 1998161011.301.91$1,819
Jul 1998171011.742.24$2,008
Jun 19980011.242.24$0
May 1998150012.622.21$1,893
Apr 1998167013.042.51$2,178
Mar 19980012.802.31$0
Feb 1998143013.952.30$1,995
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997310018.193.09$5,639
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997168017.862.55$3,000
Jul 19970017.582.25$0
Jun 1997123117.242.26$2,123
May 1997150118.972.31$2,848
Apr 1997243117.882.08$4,347
Mar 1997130118.951.94$2,465
Feb 19970120.492.21$2
Jan 1997180123.483.54$4,230
Dec 1996329123.32$7,672
Nov 1996442121.97$9,711
Oct 1996180123.31$4,196
Sep 1996363122.22$8,066
Aug 1996452120.26$9,158
Jul 1996514119.55$10,049
Jun 1996548118.73$10,264
May 1996547119.43$10,628
Apr 1996548121.51$11,787
Mar 1996552119.38$10,698
Feb 1996549116.98$9,322
Jan 1996738117.07$12,598
Dec 1995555117.19$9,540
Nov 1995545116.00$8,720
Oct 1995717115.43$11,063
Sep 1995551116.18$8,915
Aug 1995543115.92$8,645
Jul 1995550115.24$8,382
Jun 1995717116.41$11,766
May 1995505017.56$8,868
Apr 1995728017.73$12,907
Mar 1995454016.44$7,464
Feb 1995549016.58$9,102
Jan 1995567015.92$9,027
Dec 1994570015.03$8,567
Nov 1994495015.90$7,871
Oct 1994688015.58$10,719
Sep 1994562115.29$8,593
Aug 1994739116.13$11,920
Jul 1994744117.56$13,065
Jun 1994371817.09$6,340
May 1994518115.88$8,226
Apr 1994486114.14$6,872
Mar 19943731812.46$4,648
Feb 1994508112.50$6,350
Jan 1994725112.66$9,179
Dec 1993566112.33$6,979
Nov 1993744114.49$10,781
Oct 1993360115.85$5,706
Sep 1993403115.03$6,057
Aug 1993558115.66$8,738
Jul 1993560115.46$8,658
Jun 1993349116.79$5,860
May 1993749117.68$13,242
Apr 1993753118.05$13,592
Mar 1993751118.14$13,623
Feb 1993564117.90$10,096
Jan 1993745116.93$12,613

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.

Aug 2000 — as filed, then multipliedworked
Oil                  112 bbl  × $ 29.64 =     $3,320
Casinghead gas         0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                   $3,320

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/6766 is the state's own key, not one this site invented.