HENSLEY, C.

Operated by AMOCO PRODUCTION COMPANY (P-5 20425) 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 6775District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Nov 2000
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
95
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
OilDisposition87,998 bbl$1,484,332
Casinghead gasProduction48,002 Mcf$22,483
Total$1,506,815

38,494 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 (95)

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

95 months

Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000109028.422.86$3,098
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 19990015.102.21$0
Mar 199915527112.471.84$2,431
Feb 19991633999.981.82$2,352
Jan 19990510.381.90$10
Dec 1998255509.201.77$2,435
Nov 199824714510.892.19$3,007
Oct 19982117212.421.97$2,762
Sep 19981862612.592.08$2,396
Aug 199825110411.301.91$3,035
Jul 199824329611.742.24$3,515
Jun 199824512311.242.24$3,029
May 19982785212.622.21$3,623
Apr 1998224013.042.51$2,921
Mar 199830171112.802.31$5,495
Feb 199822014613.952.30$3,405
Jan 199828727914.702.15$4,820
Dec 199737068916.322.41$7,700
Nov 199736654318.193.09$8,334
Oct 199727024019.253.15$5,953
Sep 1997358117.742.95$6,354
Aug 199751530317.862.55$9,972
Jul 199752781917.582.25$11,105
Jun 199752079517.242.26$10,759
May 199755980618.972.31$12,465
Apr 199760664517.882.08$12,179
Mar 199775371118.951.94$15,648
Feb 199766659220.492.21$14,952
Jan 199783468523.483.54$22,007
Dec 199695669423.32$22,294
Nov 19961,08372421.97$23,794
Oct 19961,22870223.31$28,625
Sep 19961,4031,16422.22$31,175
Aug 19961,6751,30220.26$33,936
Jul 19961,8131,08519.55$35,444
Jun 19961,78015818.73$33,339
May 19961,6951,37019.43$32,934
Apr 19961,7451,33521.51$37,535
Mar 19961,8681,15719.38$36,202
Feb 19961,70993116.98$29,019
Jan 19961,8081,88317.07$30,863
Dec 19951,8461,16717.19$31,733
Nov 19951,76979016.00$28,304
Oct 19951,86179215.43$28,715
Sep 19951,72982916.18$27,975
Aug 19951,85870715.92$29,579
Jul 19951,81883015.24$27,706
Jun 19951,52549916.41$25,025
May 19951,91567817.56$33,627
Apr 19951,87595217.73$33,244
Mar 19951,94399916.44$31,943
Feb 19951,72876916.58$28,650
Jan 19951,91770115.92$30,519
Dec 19941,97668915.03$29,699
Nov 19941,91453515.90$30,433
Oct 19941,97277515.58$30,724
Sep 19941,90699715.29$29,143
Aug 19941,92694216.13$31,066
Jul 19941,66681517.56$29,255
Jun 19941,77176117.09$30,266
May 19941,56164415.88$24,789
Apr 19941,67972014.14$23,741
Mar 19941,48377612.46$18,478
Feb 19941,33754412.50$16,713
Jan 19941,49764412.66$18,952
Dec 19931,28954412.33$15,893
Nov 19931,49255514.49$21,619
Oct 19931,45553015.85$23,062
Sep 19931,40159115.03$21,057
Aug 19931,57756415.66$24,696
Jul 19931,59057215.46$24,581
Jun 19931,40139016.79$23,523
May 19931,45154017.68$25,654
Apr 19931,33547618.05$24,097
Mar 19931,27447218.14$23,110
Feb 19931,31687817.90$23,556
Jan 19931,4631,32216.93$24,769

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.

Mar 2000 — as filed, then multipliedworked
Oil                  109 bbl  × $ 28.42 =     $3,098
Casinghead gas         0 Mcf  × $  2.86 =         $0

────────────────────────────────────────────────────
Month total                                   $3,098

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/6775 is the state's own key, not one this site invented.