CLAYTON, C.P.

Operated by VANTAGE FORT WORTH ENERGY LLC (P-5 882575) in the GRAFORD (BEND CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 80650District 7BField 36258250CondensateGasSaveExport
Value, all time
$268 k
Jan 1993 – Sep 2014
Value, last 12 filed months
$883
at the published price for each month
Months reported
261
no gaps in the span
Streams
2
condensate, 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 52 leases and 53 wells, and the rule below applies to all of them.

Discovered
1961-11-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: REQUIREMENTS ON FORM G-2

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
CondensateDisposition87 bbl$4,519
GasProduction99,708 Mcf$263,267
Total$267,787

39,561 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 (261)

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

261 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20149098.164.74$883
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200801,358114.228.48$11,520
Jul 200801131.0811.39$11
Jun 200801131.3313.03$13
May 200801123.1711.57$12
Apr 200801110.3110.45$10
Mar 200801101.909.66$10
Feb 20080192.538.77$9
Jan 20080290.388.21$16
Dec 200702288.337.30$161
Nov 200705391.677.29$386
Oct 200703282.856.92$222
Sep 200701975.846.24$119
Aug 2007011369.066.39$722
Jul 2007011570.906.39$735
Jun 200703062.007.55$226
May 20070258.747.85$16
Apr 20070059.617.81$0
Mar 200701956.927.30$139
Feb 200701555.108.22$123
Jan 200701750.306.73$114
Dec 20060056.656.92$0
Nov 200602654.207.62$198
Oct 200605154.906.01$307
Sep 200601060.085.04$50
Aug 2006039468.717.34$2,892
Jul 2006013069.376.34$825
Jun 20060366.286.38$19
May 200607066.016.42$450
Apr 20064137764.397.36$5,415
Mar 2006046656.707.08$3,301
Feb 2006030257.597.75$2,341
Jan 2006027860.598.93$2,483
Dec 2005019854.9413.42$2,656
Nov 2005040154.6910.59$4,246
Oct 2005031658.3413.80$4,359
Sep 2005047961.4512.08$5,786
Aug 2005036561.519.80$3,576
Jul 2005051555.697.84$4,039
Jun 2005033952.337.38$2,502
May 2005026445.226.65$1,756
Apr 2005046549.207.36$3,423
Mar 2005046850.377.15$3,348
Feb 2005041745.226.31$2,632
Jan 2005048743.166.32$3,079
Dec 2004041139.866.75$2,775
Nov 2004056645.286.33$3,583
Oct 2004046949.706.52$3,056
Sep 2004054543.245.28$2,880
Aug 2004053642.375.55$2,975
Jul 2004052538.286.08$3,194
Jun 2004049136.106.43$3,159
May 2004057937.486.49$3,760
Apr 2004051234.475.86$3,000
Mar 2004019934.365.53$1,101
Feb 200406732.455.51$369
Jan 2004046632.036.30$2,936
Dec 2003053630.266.30$3,378
Nov 2003054728.804.60$2,514
Oct 2003040728.174.76$1,937
Sep 2003059526.314.75$2,826
Aug 2003059829.765.13$3,068
Jul 2003074029.415.17$3,826
Jun 2003073728.565.98$4,409
May 2003098726.595.97$5,895
Apr 200301,07026.675.41$5,786
Mar 200301,10631.146.10$6,742
Feb 2003063933.487.93$5,065
Jan 2003079230.315.58$4,421
Dec 2002378826.914.85$1,423
Nov 2002057824.664.14$2,391
Oct 2002020926.464.23$884
Sep 2002011627.443.64$422
Aug 200205025.963.16$158
Jul 2002026724.583.06$817
Jun 2002010023.733.34$334
May 20020024.663.58$0
Apr 2002048623.653.51$1,707
Mar 2002048922.003.10$1,517
Feb 2002018218.222.38$432
Jan 2002069317.172.38$1,646
Dec 2001043616.932.36$1,031
Nov 2001028318.072.41$681
Oct 2001036519.782.53$923
Sep 2001028924.262.25$651
Aug 2001031024.873.05$946
Jul 2001065223.933.20$2,085
Jun 2001044724.563.82$1,709
May 2001087425.524.31$3,765
Apr 2001040424.685.34$2,155
Mar 2001024124.545.38$1,296
Feb 2001027427.755.77$1,580
Jan 2001068127.478.40$5,720
Dec 2000016826.889.12$1,533
Nov 20000032.215.66$0
Oct 2000041631.235.15$2,141
Sep 20000031.875.19$0
Aug 2000011029.644.54$499
Jul 2000057128.534.09$2,335
Jun 2000090229.304.40$3,966
May 200001,05627.263.68$3,886
Apr 2000041824.513.12$1,302
Mar 2000061528.422.86$1,759
Feb 2000027727.622.73$755
Jan 2000045525.272.48$1,129
Dec 1999066324.282.42$1,607
Nov 1999075423.192.43$1,835
Oct 1999054320.982.80$1,522
Sep 1999056521.752.62$1,480
Aug 1999073719.262.88$2,119
Jul 1999073817.892.37$1,751
Jun 1999088215.942.36$2,083
May 1999047215.792.32$1,096
Apr 1999084315.102.21$1,861
Mar 1999052512.471.84$965
Feb 199909069.981.82$1,647
Jan 1999045810.381.90$870
Dec 199805279.201.77$935
Nov 1998048110.892.19$1,051
Oct 199801,05412.421.97$2,076
Sep 199801,02212.592.08$2,128
Aug 1998085511.301.91$1,631
Jul 1998074411.742.24$1,665
Jun 1998092811.242.24$2,076
May 1998069312.622.21$1,529
Apr 1998084913.042.51$2,127
Mar 1998067412.802.31$1,557
Feb 1998070013.952.30$1,609
Jan 1998070514.702.15$1,519
Dec 1997054916.322.41$1,324
Nov 1997077718.193.09$2,400
Oct 1997078619.253.15$2,476
Sep 1997055017.742.95$1,625
Aug 1997089717.862.55$2,292
Jul 1997032817.582.25$737
Jun 1997015017.242.26$339
May 1997064118.972.31$1,480
Apr 1997072317.882.08$1,506
Mar 1997028918.951.94$560
Feb 1997015920.492.21$351
Jan 1997073423.483.54$2,598
Dec 1996058123.32$0
Nov 199601,03021.97$0
Oct 199601,16523.31$0
Sep 1996039722.22$0
Aug 1996059720.26$0
Jul 1996070519.55$0
Jun 1996071718.73$0
May 1996073419.43$0
Apr 1996076021.51$0
Mar 1996072619.38$0
Feb 1996055416.98$0
Jan 1996030417.07$0
Dec 1995065317.19$0
Nov 1995067616.00$0
Oct 1995069815.43$0
Sep 1995081416.18$0
Aug 1995077915.92$0
Jul 1995090015.24$0
Jun 1995075916.41$0
May 1995084717.56$0
Apr 1995083317.73$0
Mar 1995089516.44$0
Feb 1995082216.58$0
Jan 1995081515.92$0
Dec 1994088915.03$0
Nov 1994058515.90$0
Oct 1994061115.58$0
Sep 1994064215.29$0
Aug 1994084916.13$0
Jul 1994084517.56$0
Jun 1994075617.09$0
May 1994084715.88$0
Apr 1994089514.14$0
Mar 1994088012.46$0
Feb 1994073212.50$0
Jan 1994073112.66$0
Dec 1993078412.33$0
Nov 1993084314.49$0
Oct 199301,10215.85$0
Sep 199301,12015.03$0
Aug 1993099515.66$0
Jul 199301,37915.46$0
Jun 199301,15216.79$0
May 199301,21717.68$0
Apr 199301,25518.05$0
Mar 1993098318.14$0
Feb 1993075617.90$0
Jan 1993095216.93$0

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.

Jun 2014 — as filed, then multipliedworked
Condensate             9 bbl  × $ 98.16 =       $883
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                     $883

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. 7B/G/80650 is the state's own key, not one this site invented.