ADAMS, MARY

Operated by C. W. RESOURCES, INC. (P-5 121085) 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 7141District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$513 k
Jan 1993 – Sep 1998
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
69
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
OilDisposition30,285 bbl$507,221
Casinghead gasProduction17,861 Mcf$5,942
Total$513,163

15,533 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 (69)

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

69 months

Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19983749812.622.21$4,936
Apr 19981863513.042.51$2,513
Mar 19981801412.802.31$2,336
Feb 19981895513.952.30$2,763
Jan 199817410214.702.15$2,778
Dec 199735917316.322.41$6,276
Nov 199718717818.193.09$3,951
Oct 199718419819.253.15$4,166
Sep 199737222417.742.95$7,261
Aug 199721319217.862.55$4,295
Jul 199718417817.582.25$3,635
Jun 199737124017.242.26$6,938
May 199718324618.972.31$4,039
Apr 19973818817.882.08$6,996
Mar 199737110918.951.94$7,242
Feb 19971946620.492.21$4,121
Jan 199736513223.483.54$9,037
Dec 199637545123.32$8,745
Nov 19963707521.97$8,129
Oct 199637312223.31$8,695
Sep 19962011922.22$4,466
Aug 19964881820.26$9,887
Jul 19962320719.55$450
Jun 19963061018.73$5,731
May 19964059419.43$7,869
Apr 19961372521.51$2,947
Mar 199634322819.38$6,647
Feb 199618020716.98$3,056
Jan 199643320117.07$7,391
Dec 199532019717.19$5,501
Nov 19952245216.00$3,584
Oct 199533515515.43$5,169
Sep 199533518616.18$5,420
Aug 199543520915.92$6,925
Jul 199535932515.24$5,471
Jun 199530320416.41$4,972
May 199537524317.56$6,585
Apr 199536316917.73$6,436
Mar 199516112616.44$2,647
Feb 19951869016.58$3,084
Jan 19952345715.92$3,725
Dec 19943382715.03$5,080
Nov 199415817215.90$2,512
Oct 199432719615.58$5,095
Sep 199415025515.29$2,294
Aug 199441527316.13$6,694
Jul 199427228217.56$4,776
Jun 199424332917.09$4,153
May 199432824315.88$5,209
Apr 199418730814.14$2,644
Mar 199435019012.46$4,361
Feb 199440223912.50$5,025
Jan 199433011112.66$4,178
Dec 19931,25259312.33$15,437
Nov 19931,21752314.49$17,634
Oct 19931,15466415.85$18,291
Sep 19931,22575415.03$18,412
Aug 19931,11382415.66$17,430
Jul 19931,25685315.46$19,418
Jun 19931,34180916.79$22,515
May 19931,21097517.68$21,393
Apr 19931,3061,10518.05$23,573
Mar 19931,30179918.14$23,600
Feb 19931,30879717.90$23,413
Jan 19931,37154216.93$23,211

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.

May 1998 — as filed, then multipliedworked
Oil                  374 bbl  × $ 12.62 =     $4,720
Casinghead gas        98 Mcf  × $  2.21 =       $216

────────────────────────────────────────────────────
Month total                                   $4,936

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/7141 is the state's own key, not one this site invented.