TOOKE, A. -B-

Operated by KERR-MCGEE OIL & GAS ONSHORE LLC (P-5 457809) 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 8270District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – Mar 2000
Value, last 12 filed months
$0
at the published price for each month
Months reported
87
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
OilDisposition61,464 bbl$1,019,794
Casinghead gasProduction32,586 Mcf$13,058
Total$1,032,852

27,371 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 (87)

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

87 months

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 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199848011.301.91$542
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998132013.042.51$1,721
Mar 199838516412.802.31$5,307
Feb 199840129113.952.30$6,263
Jan 199851134414.702.15$8,253
Dec 199745841516.322.41$8,475
Nov 199736832818.193.09$7,707
Oct 199756139919.253.15$12,056
Sep 199748733617.742.95$9,632
Aug 199751529917.862.55$9,962
Jul 199752122817.582.25$9,671
Jun 199746836017.242.26$8,881
May 199751643318.972.31$10,788
Apr 199748241717.882.08$9,487
Mar 199757542618.951.94$11,722
Feb 199747839020.492.21$10,655
Jan 199753738523.483.54$13,972
Dec 199655931323.32$13,036
Nov 199660630821.97$13,314
Oct 199659825523.31$13,939
Sep 199655626422.22$12,354
Aug 199661739420.26$12,500
Jul 199671848719.55$14,037
Jun 199647948918.73$8,972
May 199659254319.43$11,503
Apr 199660433721.51$12,992
Mar 199668530519.38$13,275
Feb 199665120016.98$11,054
Jan 199679526617.07$13,571
Dec 199571245817.19$12,239
Nov 199569947516.00$11,184
Oct 199582851915.43$12,776
Sep 199565033116.18$10,517
Aug 199576340315.92$12,147
Jul 199578140715.24$11,902
Jun 199585544116.41$14,031
May 199590855417.56$15,944
Apr 199587549917.73$15,514
Mar 199587549616.44$14,385
Feb 199588145916.58$14,607
Jan 19951,05954815.92$16,859
Dec 19941,17888015.03$17,705
Nov 19941,18573215.90$18,842
Oct 19941,26177415.58$19,646
Sep 19941,13451015.29$17,339
Aug 19941,25789616.13$20,275
Jul 19941,36163717.56$23,899
Jun 19941,38735317.09$23,704
May 19941,40949315.88$22,375
Apr 19941,39848314.14$19,768
Mar 19941,61179712.46$20,073
Feb 19941,32169112.50$16,513
Jan 19941,67779212.66$21,231
Dec 19931,57270812.33$19,383
Nov 19931,47273614.49$21,329
Oct 19931,66983715.85$26,454
Sep 19931,58675115.03$23,838
Aug 19931,73672515.66$27,186
Jul 19931,67780215.46$25,926
Jun 19931,78288316.79$29,920
May 19931,99395917.68$35,236
Apr 19932,00888118.05$36,244
Mar 19931,68858818.14$30,620
Feb 19931,55779517.90$27,870
Jan 19931,75691716.93$29,729

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.

Aug 1998 — as filed, then multipliedworked
Oil                   48 bbl  × $ 11.30 =       $542
Casinghead gas         0 Mcf  × $  1.91 =         $0

────────────────────────────────────────────────────
Month total                                     $542

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/8270 is the state's own key, not one this site invented.