DAWS, J.B. "2378"

Operated by ASHTOLA EXPLORATION COMPANY,INC. (P-5 35060) in the TUTTLE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20211District 7BField 92009001OilCasinghead gasSaveExport
Value, all time
$346 k
Jan 1993 – Oct 2000
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
94
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 13 leases and 44 wells, and the rule below applies to all of them.

Discovered
1950-11-21
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: REGULAR RULES.

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
OilDisposition20,157 bbl$341,036
Casinghead gasProduction5,965 Mcf$4,874
Total$345,910

3,891 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 (94)

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

94 months

Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000165029.644.54$4,891
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000172027.263.68$4,689
Apr 20000024.513.12$0
Mar 20000528.422.86$14
Feb 20000527.622.73$14
Jan 2000163525.272.48$4,131
Dec 19990524.282.42$12
Nov 19990523.192.43$12
Oct 1999161520.982.80$3,392
Sep 19990521.752.62$13
Aug 19990519.262.88$14
Jul 19990517.892.37$12
Jun 19990515.942.36$12
May 19990515.792.32$12
Apr 19990515.102.21$11
Mar 19990512.471.84$9
Feb 19990329.981.82$58
Jan 199903410.381.90$65
Dec 1998161859.201.77$1,632
Nov 199808010.892.19$175
Oct 19981778512.421.97$2,366
Sep 199808112.592.08$169
Aug 199807911.301.91$151
Jul 199807411.742.24$166
Jun 19981788111.242.24$2,182
May 19981788512.622.21$2,434
Apr 199808113.042.51$203
Mar 19981718512.802.31$2,385
Feb 199807513.952.30$172
Jan 19981797614.702.15$2,795
Dec 199707916.322.41$190
Nov 19971788118.193.09$3,488
Oct 19971728519.253.15$3,579
Sep 19971788017.742.95$3,394
Aug 19971778517.862.55$3,378
Jul 199708217.582.25$184
Jun 19971727917.242.26$3,144
May 19971688218.972.31$3,376
Apr 19971788017.882.08$3,349
Mar 19971668318.951.94$3,307
Feb 19971787520.492.21$3,813
Jan 19973538523.483.54$8,589
Dec 19961778523.32$4,128
Nov 19961748121.97$3,823
Oct 19961718523.31$3,986
Sep 19963558122.22$7,888
Aug 19961778320.26$3,586
Jul 19961798519.55$3,499
Jun 19961768118.73$3,296
May 19963498519.43$6,781
Apr 19961778121.51$3,807
Mar 19962968519.38$5,736
Feb 19963508016.98$5,943
Jan 19961808517.07$3,073
Dec 19953388517.19$5,810
Nov 19953618116.00$5,776
Oct 19951658515.43$2,546
Sep 19953488116.18$5,631
Aug 19953508515.92$5,572
Jul 19951698515.24$2,576
Jun 19953578116.41$5,858
May 19953428517.56$6,006
Apr 19951738117.73$3,067
Mar 19953528516.44$5,787
Feb 19953577516.58$5,919
Jan 19955318515.92$8,454
Dec 19941778515.03$2,660
Nov 19943588115.90$5,692
Oct 19943558515.58$5,531
Sep 19941748015.29$2,660
Aug 19944977616.13$8,017
Jul 19941817917.56$3,178
Jun 19943498117.09$5,964
May 19943467415.88$5,494
Apr 19945218114.14$7,367
Mar 19943478112.46$4,324
Feb 19943557512.50$4,438
Jan 19945348012.66$6,760
Dec 19933468112.33$4,266
Nov 19935228114.49$7,564
Oct 19935267415.85$8,337
Sep 19935186515.03$7,786
Aug 19935038215.66$7,877
Jul 19933268215.46$5,040
Jun 19936877516.79$11,535
May 19933598217.68$6,347
Apr 19935307818.05$9,567
Mar 19935248318.14$9,505
Feb 19933647617.90$6,516
Jan 19935298316.93$8,956

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 2000 — as filed, then multipliedworked
Oil                  165 bbl  × $ 29.64 =     $4,891
Casinghead gas         0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                   $4,891

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/O/20211 is the state's own key, not one this site invented.