ASHBY, C. D. -C-

Operated by ORYX ENERGY COMPANY (P-5 627127) 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 7924District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$189 k
Jan 1993 – Sep 1996
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
45
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
OilDisposition11,810 bbl$188,750
Casinghead gasProduction586 Mcf$0
Total$188,750

586 Mcf of this lease's gas, across 28 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 (45)

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

45 months

Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 199639021.51$839
Mar 199648019.38$930
Feb 199687016.98$1,477
Jan 199651017.07$871
Dec 199549017.19$842
Nov 199558016.00$928
Oct 1995152015.43$2,345
Sep 1995161016.18$2,605
Aug 199592015.92$1,465
Jul 1995178015.24$2,713
Jun 1995141016.41$2,314
May 1995169117.56$2,968
Apr 1995180917.73$3,191
Mar 19952023416.44$3,321
Feb 19952272316.58$3,764
Jan 19952383415.92$3,789
Dec 19942376415.03$3,562
Nov 19943344615.90$5,311
Oct 19942902715.58$4,518
Sep 19941371915.29$2,095
Aug 199483016.13$1,339
Jul 1994373117.56$6,550
Jun 19943663717.09$6,255
May 19942974215.88$4,716
Apr 19944223314.14$5,967
Mar 19942882712.46$3,588
Feb 19942972812.50$3,713
Jan 19944283112.66$5,418
Dec 19933571312.33$4,402
Nov 19935261214.49$7,622
Oct 19934181015.85$6,625
Sep 1993433815.03$6,508
Aug 1993548815.66$8,582
Jul 19935541415.46$8,565
Jun 1993445816.79$7,472
May 1993574717.68$10,148
Apr 19936301418.05$11,372
Mar 19936441318.14$11,682
Feb 19935001017.90$8,950
Jan 19935571316.93$9,430

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 1996 — as filed, then multipliedworked
Oil                   39 bbl  × $ 21.51 =       $839
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $839

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/7924 is the state's own key, not one this site invented.