WARE, J.H. UNIT

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 22845District 7BField 87019200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$43 k
Jan 1993 – Jun 1996
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
42
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
OilDisposition2,729 bbl$43,327
Casinghead gasProduction4,263 Mcf$0
Total$43,327

4,263 Mcf of this lease's gas, across 33 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 (42)

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

42 months

Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 1996129019.38$2,500
Feb 19960016.98$0
Jan 19960117.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 1995681215.43$1,049
Sep 199503516.18$0
Aug 199504215.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 199502917.56$0
Apr 19951553617.73$2,748
Mar 199514116.44$16
Feb 199504316.58$0
Jan 199503015.92$0
Dec 199403915.03$0
Nov 19941013915.90$1,606
Oct 1994931915.58$1,449
Sep 199403215.29$0
Aug 199404116.13$0
Jul 19941407517.56$2,458
Jun 19949110817.09$1,555
May 1994107115.88$1,699
Apr 19945421414.14$764
Mar 19944322612.46$536
Feb 199410320912.50$1,288
Jan 19949324512.66$1,177
Dec 199316324912.33$2,010
Nov 199324621914.49$3,565
Oct 199334219615.85$5,421
Sep 199310612915.03$1,593
Aug 199310322715.66$1,613
Jul 19936326615.46$974
Jun 19935818716.79$974
May 199310825317.68$1,909
Apr 19939125618.05$1,643
Mar 19938825718.14$1,596
Feb 19938924017.90$1,593
Jan 19939426716.93$1,591

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.

Mar 1996 — as filed, then multipliedworked
Oil                  129 bbl  × $ 19.38 =     $2,500
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,500

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/22845 is the state's own key, not one this site invented.