HILBURN, S., ESTATE -B-

Operated by CHEVRON U. S. A. INC. (P-5 148113) 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 6824District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – Feb 2008
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
182
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
OilDisposition67,960 bbl$1,346,553
Casinghead gasProduction14,285 Mcf$29,429
Total$1,375,981

4,648 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 (182)

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

182 months

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 2007158056.927.30$8,993
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 2006139068.717.34$9,551
Jul 2006173069.376.34$12,001
Jun 20060066.286.38$0
May 2006170066.016.42$11,222
Apr 20060064.397.36$0
Mar 2006176056.707.08$9,979
Feb 20060057.597.75$0
Jan 2006182060.598.93$11,027
Dec 20050054.9413.42$0
Nov 2005171054.6910.59$9,352
Oct 2005173058.3413.80$10,093
Sep 20050061.4512.08$0
Aug 2005170061.519.80$10,457
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005180045.226.65$8,140
Apr 2005180049.207.36$8,856
Mar 20050050.377.15$0
Feb 2005146045.226.31$6,602
Jan 2005181043.166.32$7,812
Dec 20040039.866.75$0
Nov 2004169045.286.33$7,652
Oct 2004184049.706.52$9,145
Sep 20040043.245.28$0
Aug 2004179042.375.55$7,584
Jul 20040038.286.08$0
Jun 2004183036.106.43$6,606
May 20040037.486.49$0
Apr 2004182034.475.86$6,274
Mar 2004178034.365.53$6,116
Feb 20040032.455.51$0
Jan 2004190032.036.30$6,086
Dec 20030030.266.30$0
Nov 2003187028.804.60$5,386
Oct 2003180028.174.76$5,071
Sep 20030026.314.75$0
Aug 2003174029.765.13$5,178
Jul 2003181029.415.17$5,323
Jun 20030028.565.98$0
May 2003176026.595.97$4,680
Apr 2003168026.675.41$4,481
Mar 20030031.146.10$0
Feb 2003185333.487.93$6,218
Jan 2003183030.315.58$5,547
Dec 200204826.914.85$233
Nov 20021867324.664.14$4,889
Oct 20021777926.464.23$5,018
Sep 2002010227.443.64$371
Aug 200218412925.963.16$5,185
Jul 200218613124.583.06$4,973
Jun 200218012523.733.34$4,689
May 200236811624.663.58$9,491
Apr 200219213123.653.51$5,001
Mar 200218011522.003.10$4,317
Feb 2002010218.222.38$242
Jan 200230311417.172.38$5,473
Dec 20011858116.932.36$3,324
Nov 20011687118.072.41$3,207
Oct 20011928819.782.53$4,020
Sep 200107624.262.25$171
Aug 20011888824.873.05$4,944
Jul 20013827423.933.20$9,378
Jun 200119411024.563.82$5,185
May 20011928025.524.31$5,244
Apr 200118912024.685.34$5,305
Mar 200119515224.545.38$5,603
Feb 200118910327.755.77$5,839
Jan 200119010527.478.40$6,101
Dec 20001898226.889.12$5,828
Nov 200019112132.215.66$6,837
Oct 200036516331.235.15$12,238
Sep 200019116331.875.19$6,933
Aug 200050314629.644.54$15,572
Jul 200057215028.534.09$16,933
Jun 200018811029.304.40$5,992
May 200038116227.263.68$10,982
Apr 200039217924.513.12$10,166
Mar 200039520928.422.86$11,824
Feb 200058818227.622.73$16,737
Jan 200038526625.272.48$10,389
Dec 199939817824.282.42$10,095
Nov 199938331723.192.43$9,653
Oct 199939124320.982.80$8,884
Sep 199946926021.752.62$10,882
Aug 199937822719.262.88$7,933
Jul 199918520217.892.37$3,789
Jun 1999188115.942.36$2,999
May 1999374115.792.32$5,908
Apr 199917910015.102.21$2,924
Mar 19991775212.471.84$2,303
Feb 1999377779.981.82$3,902
Jan 199919912310.381.90$2,299
Dec 19985631449.201.77$5,435
Nov 199853818310.892.19$6,259
Oct 199839521212.421.97$5,323
Sep 199835919012.592.08$4,916
Aug 199838622811.301.91$4,797
Jul 199835818311.742.24$4,612
Jun 1998383111.242.24$4,307
May 199837325712.622.21$5,274
Apr 199856123113.042.51$7,894
Mar 199856617812.802.31$7,656
Feb 199874912213.952.30$10,729
Jan 199857510914.702.15$8,687
Dec 199756113516.322.41$9,481
Nov 199775514318.193.09$14,175
Oct 19977484019.253.15$14,525
Sep 199757210617.742.95$10,461
Aug 199757615217.862.55$10,676
Jul 199773616017.582.25$13,298
Jun 199755113317.242.26$9,799
May 199753916818.972.31$10,613
Apr 19977479917.882.08$13,563
Mar 199757411118.951.94$11,093
Feb 199737913520.492.21$8,064
Jan 19977618723.483.54$18,176
Dec 199656621923.32$13,199
Nov 199656415521.97$12,391
Oct 199675515423.31$17,599
Sep 199676813722.22$17,065
Aug 199655910520.26$11,325
Jul 199655915619.55$10,928
Jun 199656616418.73$10,601
May 199674513819.43$14,475
Apr 19965719121.51$12,282
Mar 199672910819.38$14,128
Feb 19967715216.98$13,092
Jan 19967565017.07$12,905
Dec 19957763617.19$13,339
Nov 19955656416.00$9,040
Oct 19957596715.43$11,711
Sep 19957517816.18$12,151
Aug 19957293915.92$11,606
Jul 19959015315.24$13,731
Jun 19955546016.41$9,091
May 19957387717.56$12,959
Apr 19957327317.73$12,978
Mar 199594210416.44$15,486
Feb 19957484616.58$12,402
Jan 19959224215.92$14,678
Dec 19947576815.03$11,378
Nov 199471110115.90$11,305
Oct 19945524615.58$8,600
Sep 19947935715.29$12,125
Aug 19949816716.13$15,824
Jul 19947546117.56$13,240
Jun 19949627717.09$16,441
May 199490913215.88$14,435
Apr 199482311714.14$11,637
Mar 19948229512.46$10,242
Feb 19947486412.50$9,350
Jan 19946526412.66$8,254
Dec 19939425012.33$11,615
Nov 19938411914.49$12,186
Oct 19939595615.85$15,200
Sep 19938879015.03$13,332
Aug 19938891915.66$13,922
Jul 199386713515.46$13,404
Jun 19939312816.79$15,631
May 199398422717.68$17,397
Apr 199395222618.05$17,184
Mar 199394219118.14$17,088
Feb 199388216017.90$15,788
Jan 199393323016.93$15,796

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 2007 — as filed, then multipliedworked
Oil                  158 bbl  × $ 56.92 =     $8,993
Casinghead gas         0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                   $8,993

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/6824 is the state's own key, not one this site invented.