TUTTLE, L. Y.

Operated by JET PRODUCTION COMPANY (P-5 432117) 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 6898District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$250 k
Jan 1993 – Jun 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
114
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
OilDisposition14,186 bbl$242,554
Casinghead gasProduction11,805 Mcf$7,116
Total$249,670

8,617 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 (114)

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

114 months

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 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001185024.685.34$4,566
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 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 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000991025.272.48$25,043
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 19990012.471.84$0
Feb 19990739.981.82$133
Jan 1999012310.381.90$234
Dec 199801389.201.77$245
Nov 1998013110.892.19$286
Oct 1998012612.421.97$248
Sep 1998014412.592.08$300
Aug 1998016911.301.91$322
Jul 1998019011.742.24$425
Jun 1998019011.242.24$425
May 1998016212.622.21$357
Apr 199818411613.042.51$2,690
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998044814.702.15$965
Dec 199715613916.322.41$2,881
Nov 19970018.193.09$0
Oct 199704319.253.15$135
Sep 19971845317.742.95$3,421
Aug 199705517.862.55$141
Jul 1997013517.582.25$303
Jun 199718018317.242.26$3,516
May 1997019818.972.31$457
Apr 199709217.882.08$192
Mar 19971399318.951.94$2,814
Feb 199706820.492.21$150
Jan 199713511923.483.54$3,591
Dec 199608023.32$0
Nov 19961906721.97$4,174
Oct 199607723.31$0
Sep 199618811222.22$4,177
Aug 1996011420.26$0
Jul 199610712719.55$2,092
Jun 1996724718.73$1,349
May 19961344419.43$2,604
Apr 199613510421.51$2,904
Mar 19961123119.38$2,171
Feb 19961752216.98$2,972
Jan 19962445317.07$4,165
Dec 199504117.19$0
Nov 19951548416.00$2,464
Oct 199518114515.43$2,793
Sep 199518120416.18$2,929
Aug 199518222015.92$2,897
Jul 199518222115.24$2,774
Jun 199523219916.41$3,807
May 199523423017.56$4,109
Apr 199521621317.73$3,830
Mar 199516415116.44$2,696
Feb 199516014116.58$2,653
Jan 199519815915.92$3,152
Dec 199428417515.03$4,269
Nov 199420920315.90$3,323
Oct 199424619115.58$3,833
Sep 199423822215.29$3,639
Aug 199431128316.13$5,016
Jul 199428531217.56$5,005
Jun 199427429817.09$4,683
May 199435029815.88$5,558
Apr 199430130314.14$4,256
Mar 199436027512.46$4,486
Feb 199436627712.50$4,575
Jan 199435225612.66$4,456
Dec 199336829712.33$4,537
Nov 199335625914.49$5,158
Oct 199336232515.85$5,738
Sep 199336022815.03$5,411
Aug 199334628315.66$5,418
Jul 199338529815.46$5,952
Jun 199345214116.79$7,589
May 199347428217.68$8,380
Apr 199355424918.05$10,000
Mar 199334927418.14$6,331
Feb 1993437117.90$7,822
Jan 1993572116.93$9,684

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.

Apr 2001 — as filed, then multipliedworked
Oil                  185 bbl  × $ 24.68 =     $4,566
Casinghead gas         0 Mcf  × $  5.34 =         $0

────────────────────────────────────────────────────
Month total                                   $4,566

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/6898 is the state's own key, not one this site invented.