DAVIS, ESTHER

Operated by COCKRELL PRODUCTION CO., INC. (P-5 164305) in the SUGGS (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22555District 7BField 87019200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$132 k
Jan 1993 – Dec 1995
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
36
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 93 leases and 172 wells, and the rule below applies to all of them.

Discovered
1982-02-13
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1983-10-31.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPT 40 AC UNITS PER DKT 7B-81,192 W/2100'DIAG.

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
OilDisposition8,405 bbl$131,946
Casinghead gasProduction10,340 Mcf$0
Total$131,946

10,340 Mcf of this lease's gas, across 17 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 (36)

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

36 months

Dec 19950017.19$0
Nov 19950016.00$0
Oct 1995101015.43$1,558
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199401415.29$0
Aug 19940916.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 1994106014.14$1,499
Mar 199419831512.46$2,467
Feb 199451726612.50$6,463
Jan 199439548912.66$5,001
Dec 199369257812.33$8,532
Nov 199351656614.49$7,477
Oct 199359764915.85$9,462
Sep 199353265615.03$7,996
Aug 199368173615.66$10,664
Jul 199342877115.46$6,617
Jun 199338570716.79$6,464
May 199370380017.68$12,429
Apr 199364286718.05$11,588
Mar 199369597618.14$12,607
Feb 199353385117.90$9,541
Jan 19936841,09016.93$11,580

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.

Oct 1995 — as filed, then multipliedworked
Oil                  101 bbl  × $ 15.43 =     $1,558
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,558

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/22555 is the state's own key, not one this site invented.