DOLLAHITE, C. J.

Operated by RUSK CO. WELL SERVICE CO., INC. (P-5 735140) 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 7527District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$457 k
Jan 1993 – Sep 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
309
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
OilDisposition17,072 bbl$456,996
Casinghead gasProduction976 Mcf$211
Total$457,207

895 Mcf of this lease's gas, across 26 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 (309)

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

309 months

Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
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 200755058.747.85$3,231
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200753055.108.22$2,920
Jan 200797050.306.73$4,879
Dec 20060056.656.92$0
Nov 2006112054.207.62$6,070
Oct 200660054.906.01$3,294
Sep 2006120060.085.04$7,210
Aug 200653068.717.34$3,642
Jul 2006114069.376.34$7,908
Jun 2006103066.286.38$6,827
May 2006110066.016.42$7,261
Apr 2006112064.397.36$7,212
Mar 2006113056.707.08$6,407
Feb 2006111057.597.75$6,392
Jan 200660060.598.93$3,635
Dec 2005119054.9413.42$6,538
Nov 2005172054.6910.59$9,407
Oct 2005121058.3413.80$7,059
Sep 200555061.4512.08$3,380
Aug 2005115061.519.80$7,074
Jul 200556055.697.84$3,119
Jun 2005102052.337.38$5,338
May 200559045.226.65$2,668
Apr 200551049.207.36$2,509
Mar 2005108050.377.15$5,440
Feb 200557045.226.31$2,578
Jan 200559043.166.32$2,546
Dec 2004108039.866.75$4,305
Nov 200458045.286.33$2,626
Oct 2004113049.706.52$5,616
Sep 20040043.245.28$0
Aug 2004107042.375.55$4,534
Jul 20040038.286.08$0
Jun 200459036.106.43$2,130
May 200458037.486.49$2,174
Apr 200456034.475.86$1,930
Mar 2004113034.365.53$3,883
Feb 200461032.455.51$1,979
Jan 2004120032.036.30$3,844
Dec 2003118030.266.30$3,571
Nov 2003114028.804.60$3,283
Oct 2003110028.174.76$3,099
Sep 2003117026.314.75$3,078
Aug 2003121029.765.13$3,601
Jul 2003153029.415.17$4,500
Jun 2003241028.565.98$6,883
May 2003169026.595.97$4,494
Apr 2003152026.675.41$4,054
Mar 2003235031.146.10$7,318
Feb 20030033.487.93$0
Jan 2003244030.315.58$7,396
Dec 2002161026.914.85$4,333
Nov 2002266024.664.14$6,560
Oct 2002172026.464.23$4,551
Sep 2002350027.443.64$9,604
Aug 2002212025.963.16$5,504
Jul 2002315024.583.06$7,743
Jun 200290023.733.34$2,136
May 200252024.663.58$1,282
Apr 20020023.653.51$0
Mar 2002102022.003.10$2,244
Feb 20020018.222.38$0
Jan 200251017.172.38$876
Dec 200186016.932.36$1,456
Nov 200154018.072.41$976
Oct 200194019.782.53$1,859
Sep 200161024.262.25$1,480
Aug 2001131024.873.05$3,258
Jul 2001130023.933.20$3,111
Jun 2001134024.563.82$3,291
May 2001210025.524.31$5,359
Apr 200172024.685.34$1,777
Mar 2001138024.545.38$3,387
Feb 2001131027.755.77$3,635
Jan 200163027.478.40$1,731
Dec 200067026.889.12$1,801
Nov 2000134032.215.66$4,316
Oct 200067031.235.15$2,092
Sep 200067031.875.19$2,135
Aug 2000134029.644.54$3,972
Jul 200069028.534.09$1,969
Jun 200060029.304.40$1,758
May 200065027.263.68$1,772
Apr 2000129024.513.12$3,162
Mar 2000202028.422.86$5,741
Feb 200059027.622.73$1,630
Jan 2000139025.272.48$3,513
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 199999015.792.32$1,563
Apr 199987015.102.21$1,314
Mar 199994012.471.84$1,172
Feb 19999209.981.82$918
Jan 199999010.381.90$1,028
Dec 1998009.201.77$0
Nov 1998181010.892.19$1,971
Oct 1998195012.421.97$2,422
Sep 199890012.592.08$1,133
Aug 1998139011.301.91$1,571
Jul 1998140011.742.24$1,644
Jun 199869011.242.24$776
May 1998143012.622.21$1,805
Apr 1998144013.042.51$1,878
Mar 199877012.802.31$986
Feb 1998156013.952.30$2,176
Jan 199869014.702.15$1,014
Dec 1997151016.322.41$2,464
Nov 1997151018.193.09$2,747
Oct 1997212019.253.15$4,081
Sep 1997155017.742.95$2,750
Aug 1997177017.862.55$3,161
Jul 1997134017.582.25$2,356
Jun 1997196017.242.26$3,379
May 1997194018.972.31$3,680
Apr 1997153017.882.08$2,736
Mar 19971413818.951.94$2,746
Feb 19971511120.492.21$3,118
Jan 19971423223.483.54$3,447
Dec 19961366423.32$3,172
Nov 1996839321.97$1,824
Oct 199615915323.31$3,706
Sep 199616525422.22$3,666
Aug 1996241020.26$4,883
Jul 1996153019.55$2,991
Jun 199659018.73$1,105
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 199551017.19$877
Nov 199543016.00$688
Oct 199539015.43$602
Sep 1995104016.18$1,683
Aug 199599015.92$1,576
Jul 199545015.24$686
Jun 199552016.41$853
May 199582017.56$1,440
Apr 199579017.73$1,401
Mar 1995108016.44$1,776
Feb 199568016.58$1,127
Jan 199524015.92$382
Dec 199479015.03$1,187
Nov 1994210015.90$3,339
Oct 19940115.58$0
Sep 19940415.29$0
Aug 199438116.13$613
Jul 199423117.56$404
Jun 199456117.09$957
May 19941113315.88$1,763
Apr 19941351314.14$1,909
Mar 1994801812.46$997
Feb 1994981212.50$1,225
Jan 19941103212.66$1,393
Dec 1993150112.33$1,850
Nov 199367114.49$971
Oct 19931566015.85$2,473
Sep 19931507415.03$2,255
Aug 19931585915.66$2,474
Jul 1993128915.46$1,979
Jun 199357116.79$957
May 199382617.68$1,450
Apr 199372118.05$1,300
Mar 199371118.14$1,288
Feb 199378117.90$1,396
Jan 1993101116.93$1,710

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 2007 — as filed, then multipliedworked
Oil                   55 bbl  × $ 58.74 =     $3,231
Casinghead gas         0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                   $3,231

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/7527 is the state's own key, not one this site invented.