ANDERSON, GEORGE

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 8332District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$672 k
Jan 1993 – Dec 1999
Value, last 12 filed months
$0
at the published price for each month
Months reported
84
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
OilDisposition39,460 bbl$661,210
Casinghead gasProduction20,256 Mcf$11,264
Total$672,474

15,739 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 (84)

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

84 months

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 199829409.201.77$2,705
Nov 199801810.892.19$39
Oct 199801712.421.97$33
Sep 19980012.592.08$0
Aug 19983097211.301.91$3,629
Jul 19982557611.742.24$3,164
Jun 199833711211.242.24$4,038
May 199826411212.622.21$3,579
Apr 19983317213.042.51$4,497
Mar 199826714112.802.31$3,743
Feb 199828225413.952.30$4,518
Jan 199852930214.702.15$8,427
Dec 199726325216.322.41$4,900
Nov 199759230018.193.09$11,695
Oct 199755030419.253.15$11,545
Sep 1997030817.742.95$910
Aug 199748729417.862.55$9,449
Jul 199753233417.582.25$10,103
Jun 199741627817.242.26$7,799
May 199743125318.972.31$8,760
Apr 199747828817.882.08$9,146
Mar 199741321018.951.94$8,234
Feb 199746923820.492.21$10,135
Jan 199749628223.483.54$12,644
Dec 199662930323.32$14,668
Nov 199631123521.97$6,833
Oct 199638728223.31$9,021
Sep 199672728422.22$16,154
Aug 199649731720.26$10,069
Jul 199649231319.55$9,619
Jun 199650632318.73$9,477
May 199645015719.43$8,744
Apr 199655017221.51$11,831
Mar 199649915419.38$9,671
Feb 199641617816.98$7,064
Jan 199646010217.07$7,852
Dec 199540512717.19$6,962
Nov 199545320516.00$7,248
Oct 199542519715.43$6,558
Sep 199550127216.18$8,106
Aug 199547527515.92$7,562
Jul 199553526315.24$8,153
Jun 199557028416.41$9,354
May 199549818917.56$8,745
Apr 199556125917.73$9,947
Mar 199560227216.44$9,897
Feb 199560931516.58$10,097
Jan 199592732015.92$14,758
Dec 199436129415.03$5,426
Nov 199482334715.90$13,086
Oct 199441625215.58$6,481
Sep 199470335415.29$10,749
Aug 199472336216.13$11,662
Jul 199468039017.56$11,941
Jun 199466335217.09$11,331
May 199464232615.88$10,195
Apr 199466627814.14$9,417
Mar 199465728512.46$8,186
Feb 199462423712.50$7,800
Jan 199470132112.66$8,875
Dec 199367428912.33$8,310
Nov 199378538814.49$11,375
Oct 199368841215.85$10,905
Sep 199376248715.03$11,453
Aug 19931,10150815.66$17,242
Jul 19931,11854915.46$17,284
Jun 19931,10156116.79$18,486
May 199387952517.68$15,541
Apr 199382238018.05$14,837
Mar 19931,13767918.14$20,625
Feb 19931,05964717.90$18,956
Jan 19931,19571816.93$20,231

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                  294 bbl  × $  9.20 =     $2,705
Casinghead gas         0 Mcf  × $  1.77 =         $0

────────────────────────────────────────────────────
Month total                                   $2,705

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/8332 is the state's own key, not one this site invented.