SABINE VALLEY CHURCH

Operated by CALICO OPERATING CO., INC. (P-5 123854) 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 7787District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$875 k
Jan 1993 – Jul 2000
Value, last 12 filed months
$615
at the published price for each month
Months reported
91
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
OilDisposition51,563 bbl$867,667
Casinghead gasProduction17,244 Mcf$7,290
Total$874,957

14,231 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 (91)

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

91 months

Jul 20000028.534.09$0
Jun 200021029.304.40$615
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
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 199910015.792.32$158
Apr 19990015.102.21$0
Mar 199947012.471.84$586
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199806910.892.19$151
Oct 199806612.421.97$130
Sep 19985110012.592.08$850
Aug 1998564011.301.91$709
Jul 1998845411.742.24$1,107
Jun 19981077511.242.24$1,370
May 19981679512.622.21$2,317
Apr 19981849913.042.51$2,647
Mar 199826210512.802.31$3,596
Feb 19982597213.952.30$3,779
Jan 199831012114.702.15$4,818
Dec 199733112216.322.41$5,696
Nov 19973417218.193.09$6,425
Oct 199735313819.253.15$7,230
Sep 199737017017.742.95$7,066
Aug 199742417517.862.55$8,020
Jul 199735918217.582.25$6,720
Jun 199751719617.242.26$9,355
May 199736722118.972.31$7,472
Apr 199746221117.882.08$8,700
Mar 199736822218.951.94$7,404
Feb 199734820020.492.21$7,572
Jan 199755320823.483.54$13,721
Dec 199636320823.32$8,465
Nov 199673022121.97$16,038
Oct 199655828223.31$13,007
Sep 199673132422.22$16,243
Aug 199685642120.26$17,343
Jul 199673942419.55$14,447
Jun 199691444018.73$17,119
May 199691839519.43$17,837
Apr 199692646421.51$19,918
Mar 19961,11844919.38$21,667
Feb 199692631216.98$15,723
Jan 199693231817.07$15,909
Dec 19951,11033417.19$19,081
Nov 199593336816.00$14,928
Oct 19951,10923515.43$17,112
Sep 199592325316.18$14,934
Aug 19951,09127515.92$17,369
Jul 199591425015.24$13,929
Jun 19951,099116.41$18,035
May 19951,09416617.56$19,211
Apr 199591620417.73$16,241
Mar 19951,09421616.44$17,985
Feb 199590824116.58$15,055
Jan 199590530615.92$14,408
Dec 19941,09136315.03$16,398
Nov 199472026215.90$11,448
Oct 19941,25926015.58$19,615
Sep 199490834815.29$13,883
Aug 199498731316.13$15,920
Jul 199491031217.56$15,980
Jun 19941,06934017.09$18,269
May 19941,07229015.88$17,023
Apr 199490028814.14$12,726
Mar 19941,09633612.46$13,656
Feb 199473027012.50$9,125
Jan 19941,04132312.66$13,179
Dec 19931,05535012.33$13,008
Nov 19931,051114.49$15,229
Oct 199391731015.85$14,534
Sep 199393029915.03$13,978
Aug 19931,05623115.66$16,537
Jul 199388932415.46$13,744
Jun 19931,09637916.79$18,402
May 199392733917.68$16,389
Apr 199393429818.05$16,859
Mar 199390330918.14$16,380
Feb 199392527717.90$16,558
Jan 199393930216.93$15,897

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.

Jun 2000 — as filed, then multipliedworked
Oil                   21 bbl  × $ 29.30 =       $615
Casinghead gas         0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                     $615

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/7787 is the state's own key, not one this site invented.