BIVINS, E.R.D.

Operated by JET PRODUCTION COMPANY (P-5 432117) 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 8666District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$59 k
Jan 1993 – Jun 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
114
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
OilDisposition3,523 bbl$58,553
Casinghead gasProduction21 Mcf$0
Total$58,553

21 Mcf of this lease's gas, across 21 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 (114)

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

114 months

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 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 1996190022.22$4,222
Aug 19960020.26$0
Jul 1996155019.55$3,030
Jun 19960018.73$0
May 19960019.43$0
Apr 1996157021.51$3,377
Mar 19960019.38$0
Feb 1996176016.98$2,988
Jan 19960017.07$0
Dec 1995175017.19$3,008
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995160016.18$2,589
Aug 19950015.92$0
Jul 1995170015.24$2,591
Jun 19950016.41$0
May 1995184017.56$3,231
Apr 19950017.73$0
Mar 19950016.44$0
Feb 1995155016.58$2,570
Jan 19950015.92$0
Dec 1994189015.03$2,841
Nov 19940015.90$0
Oct 19940015.58$0
Sep 1994180115.29$2,752
Aug 19940116.13$0
Jul 19940117.56$0
Jun 1994172117.09$2,939
May 19940115.88$0
Apr 1994166114.14$2,347
Mar 19940112.46$0
Feb 1994185112.50$2,313
Jan 19940112.66$0
Dec 1993188112.33$2,318
Nov 19930114.49$0
Oct 1993188115.85$2,980
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993184115.46$2,845
Jun 19930116.79$0
May 1993193117.68$3,412
Apr 19930118.05$0
Mar 19930118.14$0
Feb 1993178117.90$3,186
Jan 1993178116.93$3,014

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.

Sep 1996 — as filed, then multipliedworked
Oil                  190 bbl  × $ 22.22 =     $4,222
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $4,222

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/8666 is the state's own key, not one this site invented.