CLEMENTS, E. W.

Operated by TEXACO E & P INC. (P-5 844118) 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 7945District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$274 k
Jan 1993 – Jan 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
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
OilDisposition15,660 bbl$265,665
Casinghead gasProduction13,456 Mcf$8,063
Total$273,728

10,321 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 (133)

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

133 months

Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
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 20010024.685.34$0
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 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 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 19989309.201.77$856
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19981656411.301.91$1,987
Jul 19981758011.742.24$2,233
Jun 199805011.242.24$112
May 19981665212.622.21$2,210
Apr 199804913.042.51$123
Mar 19981652812.802.31$2,177
Feb 19981781613.952.30$2,520
Jan 1998010014.702.15$215
Dec 199717517516.322.41$3,278
Nov 199729227418.193.09$6,158
Oct 199732531119.253.15$7,236
Sep 199716732817.742.95$3,932
Aug 199717734217.862.55$4,035
Jul 199733322917.582.25$6,369
Jun 199717232217.242.26$3,692
May 199734127218.972.31$7,097
Apr 19972603417.882.08$4,720
Mar 199725113518.951.94$5,018
Feb 199725812520.492.21$5,562
Jan 199716414923.483.54$4,378
Dec 199622114623.32$5,154
Nov 199632914821.97$7,228
Oct 199622514023.31$5,245
Sep 199627813322.22$6,177
Aug 199625713720.26$5,207
Jul 199626714219.55$5,220
Jun 199623315918.73$4,364
May 199619315419.43$3,750
Apr 199624010521.51$5,162
Mar 199621711019.38$4,205
Feb 19961899116.98$3,209
Jan 199616511417.07$2,817
Dec 199521910617.19$3,765
Nov 19951959216.00$3,120
Oct 199514914015.43$2,299
Sep 199519816716.18$3,204
Aug 199521215315.92$3,375
Jul 199519617615.24$2,987
Jun 199521217616.41$3,479
May 199516714817.56$2,933
Apr 199513115817.73$2,323
Mar 199519010916.44$3,124
Feb 19951509516.58$2,487
Jan 199517611015.92$2,802
Dec 19942109215.03$3,156
Nov 199422724815.90$3,609
Oct 199424030115.58$3,739
Sep 199423126515.29$3,532
Aug 199427729116.13$4,468
Jul 199427237817.56$4,776
Jun 199428737417.09$4,905
May 199432135115.88$5,097
Apr 199429335314.14$4,143
Mar 199427533212.46$3,427
Feb 199422731212.50$2,838
Jan 199426425312.66$3,342
Dec 199331831712.33$3,921
Nov 199332025914.49$4,637
Oct 199333429115.85$5,294
Sep 199329930715.03$4,494
Aug 199333625215.66$5,262
Jul 199331131415.46$4,808
Jun 199335027016.79$5,877
May 199333232417.68$5,870
Apr 199328528718.05$5,144
Mar 199329535718.14$5,351
Feb 199320927117.90$3,741
Jan 199328131316.93$4,757

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.

Dec 1998 — as filed, then multipliedworked
Oil                   93 bbl  × $  9.20 =       $856
Casinghead gas         0 Mcf  × $  1.77 =         $0

────────────────────────────────────────────────────
Month total                                     $856

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/7945 is the state's own key, not one this site invented.